General Good Will vs Common Stock Shares Outstanding Analysis

GICRE Stock   397.65  1.75  0.44%   
General Insuranceof financial indicator trend analysis is much more than just examining General Insuranceof latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether General Insuranceof is a good investment. Please check the relationship between General Insuranceof Good Will and its Common Stock Shares Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Good Will vs Common Stock Shares Outstanding

Good Will vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of General Insuranceof Good Will account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between General Insuranceof's Good Will and Common Stock Shares Outstanding is -0.34. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of General Insurance, assuming nothing else is changed. The correlation between historical values of General Insuranceof's Good Will and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of General Insurance are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Good Will i.e., General Insuranceof's Good Will and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.34
Relationship DirectionNegative 
Relationship StrengthInsignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from General Insuranceof's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into General Insuranceof current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
As of the 28th of November 2024, Selling General Administrative is likely to drop to about 147.3 M. In addition to that, Tax Provision is likely to drop to about 9.8 B
 2021 2023 2024 (projected)
Interest Expense627.5M7.3M7.0M
Depreciation And Amortization137.5M118.6M124.0M

General Insuranceof fundamental ratios Correlations

0.460.510.970.930.87-0.950.770.920.980.11-0.340.560.990.360.150.09-0.390.00.990.990.98-0.430.90.85-0.86
0.461.00.360.50.5-0.590.90.370.430.880.61-0.380.42-0.260.7-0.040.14-0.550.420.410.42-0.490.370.53-0.41
0.511.00.420.540.54-0.640.930.440.490.850.56-0.310.48-0.210.7-0.030.1-0.540.490.470.48-0.510.430.57-0.48
0.970.360.420.920.88-0.910.70.920.940.04-0.430.610.950.270.120.07-0.35-0.080.950.960.95-0.370.850.84-0.9
0.930.50.540.920.89-0.860.760.780.890.26-0.280.360.880.110.110.12-0.29-0.20.90.930.89-0.310.730.88-0.72
0.870.50.540.880.89-0.840.730.790.860.23-0.230.360.85-0.060.160.15-0.16-0.190.840.850.86-0.250.740.98-0.68
-0.95-0.59-0.64-0.91-0.86-0.84-0.86-0.86-0.96-0.240.2-0.46-0.96-0.31-0.39-0.030.280.01-0.95-0.93-0.960.5-0.84-0.80.86
0.770.90.930.70.760.73-0.860.680.740.650.240.020.740.00.640.02-0.09-0.380.750.740.74-0.540.670.72-0.72
0.920.370.440.920.780.79-0.860.680.88-0.03-0.350.640.920.390.130.1-0.42-0.040.920.910.88-0.40.950.76-0.92
0.980.430.490.940.890.86-0.960.740.880.09-0.330.560.990.380.130.03-0.330.10.980.961.0-0.440.870.85-0.82
0.110.880.850.040.260.23-0.240.65-0.030.090.73-0.740.07-0.520.590.050.23-0.680.070.090.1-0.31-0.090.29-0.06
-0.340.610.56-0.43-0.28-0.230.20.24-0.35-0.330.73-0.82-0.34-0.530.41-0.290.63-0.54-0.38-0.38-0.34-0.33-0.3-0.130.32
0.56-0.38-0.310.610.360.36-0.460.020.640.56-0.74-0.820.580.68-0.220.02-0.440.550.60.560.55-0.050.680.27-0.58
0.990.420.480.950.880.85-0.960.740.920.990.07-0.340.580.40.130.07-0.390.070.990.970.99-0.460.90.83-0.87
0.36-0.26-0.210.270.11-0.06-0.310.00.390.38-0.52-0.530.680.4-0.14-0.03-0.630.730.430.350.36-0.050.48-0.09-0.39
0.150.70.70.120.110.16-0.390.640.130.130.590.41-0.220.13-0.14-0.020.12-0.330.160.110.12-0.320.150.07-0.34
0.09-0.04-0.030.070.120.15-0.030.020.10.030.05-0.290.020.07-0.03-0.02-0.67-0.010.110.190.040.210.00.12-0.06
-0.390.140.1-0.35-0.29-0.160.28-0.09-0.42-0.330.230.63-0.44-0.39-0.630.12-0.67-0.36-0.44-0.43-0.35-0.21-0.34-0.110.42
0.0-0.55-0.54-0.08-0.2-0.190.01-0.38-0.040.1-0.68-0.540.550.070.73-0.33-0.01-0.360.08-0.020.070.280.11-0.210.12
0.990.420.490.950.90.84-0.950.750.920.980.07-0.380.60.990.430.160.11-0.440.080.980.98-0.430.910.81-0.86
0.990.410.470.960.930.85-0.930.740.910.960.09-0.380.560.970.350.110.19-0.43-0.020.980.97-0.460.870.82-0.85
0.980.420.480.950.890.86-0.960.740.881.00.1-0.340.550.990.360.120.04-0.350.070.980.97-0.450.850.84-0.84
-0.43-0.49-0.51-0.37-0.31-0.250.5-0.54-0.4-0.44-0.31-0.33-0.05-0.46-0.05-0.320.21-0.210.28-0.43-0.46-0.45-0.41-0.270.5
0.90.370.430.850.730.74-0.840.670.950.87-0.09-0.30.680.90.480.150.0-0.340.110.910.870.85-0.410.72-0.84
0.850.530.570.840.880.98-0.80.720.760.850.29-0.130.270.83-0.090.070.12-0.11-0.210.810.820.84-0.270.72-0.62
-0.86-0.41-0.48-0.9-0.72-0.680.86-0.72-0.92-0.82-0.060.32-0.58-0.87-0.39-0.34-0.060.420.12-0.86-0.85-0.840.5-0.84-0.62
Click cells to compare fundamentals

General Insuranceof Account Relationship Matchups

General Insuranceof fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2T1.4T1.5T1.6T1.8T1.3T
Other Current Liab(46.8B)(42.8B)(35.8B)(42.7B)756.9B794.7B
Total Current Liabilities41.8B42.3B33.3B40.5B803.4B843.6B
Total Stockholder Equity272.0B324.6B360.1B451.8B419.3B317.5B
Net Tangible Assets387.8B534.4B600.1B674.3B775.5B549.8B
Property Plant And Equipment Net1.8B1.7B1.7B3.0B2.9B2.1B
Net Debt(161.1B)(185.9B)(214.5B)(237.0B)(248.6B)(236.1B)
Retained Earnings62.4B46.2B66.1B90.0B209.4B219.8B
Accounts Payable41.8B42.3B33.3B40.5B46.4B34.5B
Cash161.1B185.9B214.5B237.0B248.6B169.9B
Non Current Assets Total2.1B2.0B2.0B3.2B1.6T1.7T
Non Currrent Assets Other(709.4B)(940.1B)(1.0T)(1.2T)228.3B239.7B
Other Assets1.0T1.2T1.3T1.4T18K17.1K
Cash And Short Term Investments184.3B200.0B219.5B237.0B260.1B179.1B
Net Receivables12.9B17.8B21.6B246.4M283.3M269.2M
Short Term Investments20.7B23.3B14.1B5.0B11.5B12.6B
Liabilities And Stockholders Equity1.2T1.4T1.5T1.6T1.8T1.3T
Other Current Assets160.0M461.8M421.9M7.7B5.3B5.6B
Other Stockholder Equity216.9B249.7B261.3B172.5B15.4B14.7B
Total Liab933.9B1.1T1.2T1.2T1.3T976.4B
Long Term Investments709.2B939.9B1.0T1.1T1.4T792.7B
Total Current Assets161.1B185.9B214.5B237.0B248.6B171.7B
Accumulated Other Comprehensive Income(1.2B)172.2B174.0B180.6B185.8B195.1B
Intangible Assets80.2M79.8M121.1M95.0M32K30.4K
Property Plant Equipment1.7B1.6B1.6B3.0B3.4B1.9B
Non Current Liabilities Total137.5B1.6B3.7B5.6B1.4T1.5T
Cash And Equivalents14.9B10.1B3.7B8.1B7.3B11.8B
Net Invested Capital388.2B534.8B360.1B451.8B552.6B387.0B

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Other Information on Investing in General Stock

Balance Sheet is a snapshot of the financial position of General Insuranceof at a specified time, usually calculated after every quarter, six months, or one year. General Insuranceof Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of General Insuranceof and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which General currently owns. An asset can also be divided into two categories, current and non-current.