Greenlight Accounts Payable vs Short Long Term Debt Analysis

GLRE Stock  USD 15.00  0.28  1.90%   
Greenlight Capital financial indicator trend analysis is much more than just examining Greenlight Capital latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greenlight Capital is a good investment. Please check the relationship between Greenlight Capital Accounts Payable and its Short Long Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenlight Capital Re. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Accounts Payable vs Short Long Term Debt

Accounts Payable vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenlight Capital Accounts Payable account and Short Long Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Greenlight Capital's Accounts Payable and Short Long Term Debt is 0.31. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Greenlight Capital Re, assuming nothing else is changed. The correlation between historical values of Greenlight Capital's Accounts Payable and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Greenlight Capital Re are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Accounts Payable i.e., Greenlight Capital's Accounts Payable and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Greenlight Capital obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Greenlight Capital are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
Most indicators from Greenlight Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Greenlight Capital 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 Greenlight Capital Re. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
The current year's Sales General And Administrative To Revenue is expected to grow to 138.54, whereas Selling General Administrative is forecasted to decline to about 20.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit571.3M414.6M655.3M688.0M
Total Revenue571.3M414.6M655.3M410.0M

Greenlight Capital fundamental ratios Correlations

0.64-0.060.580.270.330.360.060.380.140.00.940.640.140.060.360.3-0.460.430.080.270.070.01-0.110.0-0.05
0.64-0.180.930.470.850.84-0.070.730.120.030.60.990.120.00.890.51-0.280.0-0.310.52-0.52-0.59-0.050.040.39
-0.06-0.180.080.370.12-0.4-0.05-0.11-0.110.03-0.05-0.27-0.110.07-0.11-0.05-0.24-0.09-0.050.65-0.030.010.10.070.15
0.580.930.080.640.950.63-0.040.690.16-0.020.520.870.16-0.040.830.38-0.32-0.07-0.290.62-0.5-0.680.10.170.57
0.270.470.370.640.680.13-0.070.450.32-0.010.130.380.32-0.020.380.0-0.19-0.28-0.190.46-0.28-0.490.490.510.7
0.330.850.120.950.680.61-0.140.720.150.040.240.780.150.00.830.35-0.21-0.28-0.410.6-0.63-0.760.190.220.7
0.360.84-0.40.630.130.61-0.310.750.050.290.350.890.050.220.850.65-0.11-0.19-0.510.34-0.65-0.47-0.3-0.240.16
0.06-0.07-0.05-0.04-0.07-0.14-0.31-0.69-0.08-0.980.15-0.07-0.08-0.97-0.21-0.570.140.730.890.070.550.130.130.18-0.19
0.380.73-0.110.690.450.720.75-0.690.150.630.270.720.150.610.680.56-0.25-0.51-0.750.27-0.63-0.49-0.020.00.46
0.140.12-0.110.160.320.150.05-0.080.150.07-0.010.091.00.040.150.10.0-0.38-0.17-0.1-0.15-0.280.110.120.32
0.00.030.03-0.02-0.010.040.29-0.980.630.07-0.060.050.070.980.170.61-0.08-0.65-0.85-0.11-0.49-0.04-0.17-0.20.06
0.940.6-0.050.520.130.240.350.150.27-0.01-0.060.61-0.010.00.350.32-0.420.510.120.320.11-0.03-0.21-0.11-0.18
0.640.99-0.270.870.380.780.89-0.070.720.090.050.610.090.020.880.54-0.250.04-0.30.47-0.5-0.53-0.11-0.020.29
0.140.12-0.110.160.320.150.05-0.080.151.00.07-0.010.090.040.140.090.0-0.38-0.16-0.1-0.15-0.280.120.120.32
0.060.00.07-0.04-0.020.00.22-0.970.610.040.980.00.020.040.10.55-0.22-0.58-0.79-0.11-0.40.03-0.19-0.220.04
0.360.89-0.110.830.380.830.85-0.210.680.150.170.350.880.140.10.73-0.2-0.26-0.560.54-0.82-0.77-0.18-0.130.45
0.30.51-0.050.380.00.350.65-0.570.560.10.610.320.540.090.550.73-0.17-0.34-0.750.3-0.8-0.41-0.41-0.390.06
-0.46-0.28-0.24-0.32-0.19-0.21-0.110.14-0.250.0-0.08-0.42-0.250.0-0.22-0.2-0.17-0.160.11-0.310.05-0.020.330.28-0.15
0.430.0-0.09-0.07-0.28-0.28-0.190.73-0.51-0.38-0.650.510.04-0.38-0.58-0.26-0.34-0.160.830.040.650.520.030.11-0.5
0.08-0.31-0.05-0.29-0.19-0.41-0.510.89-0.75-0.17-0.850.12-0.3-0.16-0.79-0.56-0.750.110.83-0.150.850.520.220.26-0.37
0.270.520.650.620.460.60.340.070.27-0.1-0.110.320.47-0.1-0.110.540.3-0.310.04-0.15-0.38-0.36-0.1-0.080.2
0.07-0.52-0.03-0.5-0.28-0.63-0.650.55-0.63-0.15-0.490.11-0.5-0.15-0.4-0.82-0.80.050.650.85-0.380.710.180.2-0.48
0.01-0.590.01-0.68-0.49-0.76-0.470.13-0.49-0.28-0.04-0.03-0.53-0.280.03-0.77-0.41-0.020.520.52-0.360.710.00.03-0.61
-0.11-0.050.10.10.490.19-0.30.13-0.020.11-0.17-0.21-0.110.12-0.19-0.18-0.410.330.030.22-0.10.180.00.970.4
0.00.040.070.170.510.22-0.240.180.00.12-0.2-0.11-0.020.12-0.22-0.13-0.390.280.110.26-0.080.20.030.970.42
-0.050.390.150.570.70.70.16-0.190.460.320.06-0.180.290.320.040.450.06-0.15-0.5-0.370.2-0.48-0.610.40.42
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Greenlight Capital Account Relationship Matchups

Greenlight Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding36.1M36.3M34.4M39.8M34.8M37.6M
Total Assets1.4B1.4B1.4B1.6B1.7B2.1B
Other Current Liab(122.7M)(92.2M)(91.2M)(105.1M)(69.0M)(72.4M)
Total Stockholder Equity477.2M464.9M475.7M503.1M596.1M723.3M
Other Liab6.6M5.0M258.9M284.4M255.9M272.8M
Retained Earnings(30.1M)(27.1M)(9.5M)21.2M108.0M154.7M
Accounts Payable122.7M92.2M91.2M105.1M69.0M65.5M
Cash25.8M8.9M76.3M38.2M655.7M688.5M
Other Assets743.0M745.4M634.8M788.1M(37.0M)(35.2M)
Common Stock Total Equity3.7M3.5M3.4M3.5M3.1M4.2M
Short Term Investments152.1M247.0M183.6M178.2M(604.6M)(574.4M)
Liabilities And Stockholders Equity1.4B1.4B1.4B1.6B1.7B2.1B
Other Stockholder Equity503.5M488.5M481.8M478.4M484.5M504.8M
Total Liab878.0M892.8M951.8M1.1B1.1B1.3B
Common Stock3.7M3.5M3.4M3.5M3.5M4.2M
Net Debt67.7M86.9M21.8M42.3M(580.9M)(551.9M)
Non Current Assets Total308.3M250.2M299.9M70.3M497.2M727.8M
Non Currrent Assets Other864K2.4M3.0M(84.8M)(413.5M)(392.9M)
Cash And Short Term Investments25.8M8.9M76.3M38.2M51.1M35.4M
Net Receivables278.1M353.2M416.5M518.8M645.1M677.3M
Total Current Assets303.9M362.1M492.8M722.0M1.3B1.3B
Total Current Liabilities122.7M92.2M91.2M80.5M704.2M442.3M
Other Current Assets1.0B1.1B1.1B1.2B1.3B1.3B
Short Long Term Debt Total93.5M100.9M102.4M183.0M73.3M91.9M
Net Tangible Assets477.2M464.9M475.7M503.1M452.8M584.7M
Long Term Debt93.5M100.3M101.8M102.4M73.3M68.3M
Retained Earnings Total Equity(30.1M)(27.1M)(9.5M)21.2M19.1M18.1M
Long Term Debt Total93.5M100.3M101.8M102.4M117.8M67.3M
Non Current Liabilities Total93.5M95.8M98.1M996.7M1.1B1.2B
Capital Surpluse503.5M488.5M481.8M478.4M430.6M395.3M
Long Term Investments256.4M196.2M231.0M248.5M258.9M245.9M
Non Current Liabilities Other779.5M792.5M850.0M974.8M877.3M1.1B
Intangible Assets49.7M51.0M63.0M82.4M80.0M50.3M

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When determining whether Greenlight Capital is a strong investment it is important to analyze Greenlight Capital's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Greenlight Capital's future performance. For an informed investment choice regarding Greenlight Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenlight Capital Re. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Reinsurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Greenlight Capital. If investors know Greenlight will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Greenlight Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.59
Earnings Share
2.53
Revenue Per Share
20.548
Quarterly Revenue Growth
0.079
Return On Assets
0.033
The market value of Greenlight Capital is measured differently than its book value, which is the value of Greenlight that is recorded on the company's balance sheet. Investors also form their own opinion of Greenlight Capital's value that differs from its market value or its book value, called intrinsic value, which is Greenlight Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Greenlight Capital's market value can be influenced by many factors that don't directly affect Greenlight Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Greenlight Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenlight Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenlight Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.