Generationome Property Plant Equipment vs Net Tangible Assets Analysis

GIPR Stock  USD 1.84  0.02  1.08%   
Generationome Properties financial indicator trend analysis is much more than just examining Generationome Properties latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Generationome Properties is a good investment. Please check the relationship between Generationome Properties Property Plant Equipment and its Net Tangible Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Generationome Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Generationome Stock, please use our How to Invest in Generationome Properties guide.

Property Plant Equipment vs Net Tangible Assets

Property Plant Equipment vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Generationome Properties Property Plant Equipment account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Generationome Properties' Property Plant Equipment and Net Tangible Assets is 0.51. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Generationome Properties, assuming nothing else is changed. The correlation between historical values of Generationome Properties' Property Plant Equipment and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Generationome Properties are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Property Plant Equipment i.e., Generationome Properties' Property Plant Equipment and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant Equipment

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Generationome Properties' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Generationome Properties 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 Generationome Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Generationome Stock, please use our How to Invest in Generationome Properties guide.At this time, Generationome Properties' Selling General Administrative is relatively stable compared to the past year. As of 11/26/2024, Enterprise Value Over EBITDA is likely to grow to 32.72, though Issuance Of Capital Stock is likely to grow to (4 K).
 2021 2022 2023 2024 (projected)
Gross Profit3.1M4.2M5.9M3.3M
Total Revenue3.9M5.4M7.6M4.1M

Generationome Properties fundamental ratios Correlations

0.870.6-0.920.930.950.650.310.470.610.780.78-0.980.630.780.27-0.08-0.310.780.270.960.610.770.830.420.51
0.870.71-0.970.920.950.780.440.620.810.880.89-0.930.770.880.40.33-0.550.860.40.930.80.890.990.420.73
0.60.71-0.720.720.620.490.770.730.510.650.58-0.650.910.490.790.180.120.560.790.650.670.590.690.620.88
-0.92-0.97-0.72-0.98-0.93-0.85-0.54-0.55-0.84-0.93-0.930.94-0.81-0.91-0.5-0.30.41-0.92-0.5-0.98-0.86-0.93-0.94-0.46-0.75
0.930.920.72-0.980.890.860.60.510.810.910.89-0.920.80.860.560.26-0.290.90.560.990.830.890.870.450.72
0.950.950.62-0.930.890.630.230.550.640.780.8-0.990.640.820.190.02-0.520.780.190.920.630.80.940.430.57
0.650.780.49-0.850.860.630.660.350.930.870.88-0.650.680.840.60.66-0.390.90.60.840.860.880.720.150.62
0.310.440.77-0.540.60.230.660.460.630.610.54-0.30.820.420.990.560.290.560.990.490.730.540.380.350.79
0.470.620.73-0.550.510.550.350.460.490.580.54-0.570.740.50.450.17-0.140.510.450.50.340.550.630.040.56
0.610.810.51-0.840.810.640.930.630.490.940.95-0.660.780.930.560.68-0.470.950.560.780.90.960.770.180.72
0.780.880.65-0.930.910.780.870.610.580.940.99-0.820.870.970.540.44-0.380.990.540.890.890.990.840.330.77
0.780.890.58-0.930.890.80.880.540.540.950.99-0.820.810.990.470.46-0.471.00.470.890.881.00.850.280.73
-0.98-0.93-0.650.94-0.92-0.99-0.65-0.3-0.57-0.66-0.82-0.82-0.69-0.83-0.260.00.43-0.81-0.26-0.95-0.66-0.82-0.92-0.44-0.6
0.630.770.91-0.810.80.640.680.820.740.780.870.81-0.690.740.80.38-0.030.80.80.740.830.820.740.50.93
0.780.880.49-0.910.860.820.840.420.50.930.970.99-0.830.740.340.41-0.560.980.340.870.830.990.850.240.65
0.270.40.79-0.50.560.190.60.990.450.560.540.47-0.260.80.340.510.350.491.00.450.690.470.350.380.77
-0.080.330.18-0.30.260.020.660.560.170.680.440.460.00.380.410.51-0.380.460.510.190.60.480.31-0.110.46
-0.31-0.550.120.41-0.29-0.52-0.390.29-0.14-0.47-0.38-0.470.43-0.03-0.560.35-0.38-0.430.35-0.35-0.29-0.48-0.60.13-0.09
0.780.860.56-0.920.90.780.90.560.510.950.991.0-0.810.80.980.490.46-0.430.490.890.880.990.820.260.71
0.270.40.79-0.50.560.190.60.990.450.560.540.47-0.260.80.341.00.510.350.490.450.690.470.350.380.77
0.960.930.65-0.980.990.920.840.490.50.780.890.89-0.950.740.870.450.19-0.350.890.450.770.880.880.380.63
0.610.80.67-0.860.830.630.860.730.340.90.890.88-0.660.830.830.690.6-0.290.880.690.770.880.760.560.89
0.770.890.59-0.930.890.80.880.540.550.960.991.0-0.820.820.990.470.48-0.480.990.470.880.880.860.290.74
0.830.990.69-0.940.870.940.720.380.630.770.840.85-0.920.740.850.350.31-0.60.820.350.880.760.860.420.72
0.420.420.62-0.460.450.430.150.350.040.180.330.28-0.440.50.240.38-0.110.130.260.380.380.560.290.420.7
0.510.730.88-0.750.720.570.620.790.560.720.770.73-0.60.930.650.770.46-0.090.710.770.630.890.740.720.7
Click cells to compare fundamentals

Generationome Properties Account Relationship Matchups

Generationome Properties fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities701.3K754.1K598.8K966.2K7.8M8.2M
Other Liab614.7K604.2K806.3K3.4M3.9M4.1M
Net Tangible Assets(212.1K)(1.0M)10.4M7.5M8.7M9.1M
Retained Earnings(2.3M)(4.2M)(5.4M)(8.6M)(14.8M)(14.1M)
Accounts Payable82.9K118.5K201.7K173.5K406.8K427.1K
Other Assets601.6K689.9K(11.5M)42.0M87.9M92.3M
Total Current Assets1.6M1.4M11.2M4.2M4.0M3.7M
Common Stock21.0K5.8K21.7K25.0K26.2K21.3K
Property Plant Equipment35.3M36.1M38.0M55.4M63.7M33.2M
Total Assets40.2M40.7M53.4M64.2M108.7M59.1M
Short Long Term Debt Total28.3M29.5M29.0M43.1M68.7M38.2M
Other Current Liab3.6K258.4K348.4K(4.4M)(13.7M)(13.0M)
Total Stockholder Equity2.4M1.4M13.7M10.7M15.3M8.5M
Net Debt27.3M28.5M18.4M39.4M65.6M34.5M
Cash974.4K937.6K10.6M3.7M3.1M3.7M
Non Current Assets Total38.6M39.3M42.2M60.0M16.7M15.9M
Non Currrent Assets Other656.1K740.7K38.2M(16.3M)2.6M2.5M
Long Term Debt28.3M29.5M29.0M36.7M62.3M35.8M
Cash And Short Term Investments974.4K937.6K10.6M3.7M3.1M3.7M
Net Receivables73.8K75.8K88.7K96.1K241.2K253.2K
Common Stock Shares Outstanding492.6K2.0M2.2M2.3M2.5M1.8M
Liabilities And Stockholders Equity40.2M40.7M53.4M64.2M108.7M59.1M
Non Current Liabilities Total28.8M29.9M29.5M46.3M70.3M39.4M
Capital Lease Obligations525.1K415.6K577.4K6.4M6.4M6.7M
Other Current Assets(1.5M)394.8K560.9K351.4K667.8K701.2K
Other Stockholder Equity(3.5M)5.5M19.1M19.3M18.5M11.5M
Total Liab29.5M30.6M30.1M47.3M74.2M40.7M
Net Invested Capital30.7M30.8M42.6M47.4M66.0M42.2M
Capital Stock21.0K5.8K21.7K25.0K11.7M12.2M
Non Current Liabilities Other525.1K415.6K577.4K640.0K1.0M600.8K
Net Working Capital949.1K842.7K10.9M3.2M142.4K135.3K
Short Term Debt525.1K5.0M577.4K11.2M12.4M13.0M
Intangible Assets2.6M2.4M3.3M4.7M8.0M4.0M

Pair Trading with Generationome Properties

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Generationome Properties position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Generationome Properties will appreciate offsetting losses from the drop in the long position's value.

Moving together with Generationome Stock

  0.81UK Ucommune InternationalPairCorr

Moving against Generationome Stock

  0.75UE Urban Edge PropertiesPairCorr
  0.67MRNO Murano Global InvestmentsPairCorr
  0.62VNO-PN Vornado Realty TrustPairCorr
  0.61VNO-PM Vornado Realty TrustPairCorr
  0.6ZG Zillow GroupPairCorr
The ability to find closely correlated positions to Generationome Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Generationome Properties when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Generationome Properties - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Generationome Properties to buy it.
The correlation of Generationome Properties is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Generationome Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Generationome Properties moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Generationome Properties can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Generationome Stock Analysis

When running Generationome Properties' price analysis, check to measure Generationome Properties' 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 Generationome Properties is operating at the current time. Most of Generationome Properties' value examination focuses on studying past and present price action to predict the probability of Generationome Properties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Generationome Properties' price. Additionally, you may evaluate how the addition of Generationome Properties to your portfolios can decrease your overall portfolio volatility.