Gen Common Stock vs Common Stock Shares Outstanding Analysis
GIII Stock | CAD 0.28 0.03 12.00% |
Gen III financial indicator trend analysis is much more than just examining Gen III Oil latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gen III Oil is a good investment. Please check the relationship between Gen III Common Stock 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 Gen III Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Common Stock vs Common Stock Shares Outstanding
Common Stock vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gen III Oil Common Stock account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Gen III's Common Stock and Common Stock Shares Outstanding is 0.95. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Gen III Oil, assuming nothing else is changed. The correlation between historical values of Gen III's Common Stock 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 Common Stock of Gen III Oil 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 Common Stock i.e., Gen III's Common Stock and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Common Stock
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 Gen III's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gen III Oil 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 Gen III Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. Issuance Of Capital Stock is likely to climb to about 5.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.8 M in 2024.
Gen III fundamental ratios Correlations
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Gen III Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gen III fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.0M | 11.3M | 8.5M | 1.2M | 2.7M | 2.5M | |
Total Current Liabilities | 3.0M | 5.0M | 800.4K | 2.0M | 1.9M | 1.2M | |
Total Stockholder Equity | (2.1M) | (4.2M) | 7.3M | (971.1K) | (1.9M) | (1.8M) | |
Property Plant And Equipment Net | 9.7M | 9.7M | 439.8K | 303.6K | 190.0K | 180.5K | |
Net Debt | 11.5M | 13.0M | (7.2M) | (340.7K) | 773.7K | 812.3K | |
Retained Earnings | (91.0M) | (95.7M) | (100.5M) | (112.9M) | (118.6M) | (112.7M) | |
Accounts Payable | 680.5K | 319.4K | 165.9K | 514.5K | 279.1K | 491.8K | |
Cash | 732.7K | 1.4M | 7.7M | 718.4K | 2.1M | 3.8M | |
Non Current Assets Total | 10.0M | 9.7M | 482.0K | 341.9K | 257.6K | 244.7K | |
Cash And Short Term Investments | 756.6K | 1.4M | 7.7M | 718.4K | 2.3M | 3.8M | |
Net Receivables | 80.8K | 146.7K | 32.0K | 27.0K | 26.8K | 25.5K | |
Common Stock Shares Outstanding | 73.9M | 84.8M | 105.6M | 113.8M | 117.6M | 123.5M | |
Liabilities And Stockholders Equity | 11.0M | 11.3M | 8.5M | 1.2M | 2.7M | 2.5M | |
Other Current Assets | 124.9K | 73.8K | 258.1K | 144.5K | 134.3K | 132.1K | |
Other Stockholder Equity | 8.9M | 9.2M | 11.8M | 13.2M | 15.3M | 21.4M | |
Total Liab | 13.1M | 15.5M | 1.2M | 2.2M | 4.6M | 2.5M | |
Total Current Assets | 962.3K | 1.6M | 8.0M | 889.9K | 2.4M | 3.9M | |
Non Currrent Assets Other | 65.7K | 35.1K | 318.2K | (1.0) | (1.15) | (1.09) | |
Other Current Liab | 211K | 1.1M | 710.6K | 1.3M | 1.4M | 758.7K | |
Non Current Liabilities Total | 10.0M | 10.5M | 406.6K | 212.0K | 2.7M | 2.9M | |
Net Tangible Assets | 510.6K | (2.1M) | (4.2M) | 7.3M | 6.6M | 6.9M | |
Common Stock | 80.0M | 82.3M | 95.9M | 98.7M | 101.3M | 86.5M | |
Net Invested Capital | (2.1M) | (4.1M) | 7.3M | (971.1K) | 632.3K | 781.4K | |
Net Working Capital | (2.1M) | (3.4M) | 7.2M | (1.1M) | 547.3K | 836.5K | |
Capital Stock | 80.0M | 82.3M | 95.9M | 98.7M | 101.3M | 98.1M |
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When running Gen III's price analysis, check to measure Gen III's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gen III is operating at the current time. Most of Gen III's value examination focuses on studying past and present price action to predict the probability of Gen III's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gen III's price. Additionally, you may evaluate how the addition of Gen III to your portfolios can decrease your overall portfolio volatility.