Greenlight Common Stock vs Non Currrent Assets Other 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 Common Stock and its Non Currrent Assets Other 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.
Common Stock vs Non Currrent Assets Other
Common Stock vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenlight Capital Common Stock account and Non Currrent Assets Other. At this time, the significance of the direction appears to have no relationship.
The correlation between Greenlight Capital's Common Stock and Non Currrent Assets Other is 0.09. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Non Currrent Assets Other 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 Common Stock and Non Currrent Assets Other 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 Greenlight Capital Re are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Common Stock i.e., Greenlight Capital's Common Stock and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Common Stock
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.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 Profit | 571.3M | 414.6M | 655.3M | 688.0M | Total Revenue | 571.3M | 414.6M | 655.3M | 410.0M |
Greenlight Capital fundamental ratios Correlations
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Greenlight Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Greenlight Capital fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 36.1M | 36.3M | 34.4M | 39.8M | 34.8M | 37.6M | |
Total Assets | 1.4B | 1.4B | 1.4B | 1.6B | 1.7B | 2.1B | |
Other Current Liab | (122.7M) | (92.2M) | (91.2M) | (105.1M) | (69.0M) | (72.4M) | |
Total Stockholder Equity | 477.2M | 464.9M | 475.7M | 503.1M | 596.1M | 723.3M | |
Other Liab | 6.6M | 5.0M | 258.9M | 284.4M | 255.9M | 272.8M | |
Retained Earnings | (30.1M) | (27.1M) | (9.5M) | 21.2M | 108.0M | 154.7M | |
Accounts Payable | 122.7M | 92.2M | 91.2M | 105.1M | 69.0M | 65.5M | |
Cash | 25.8M | 8.9M | 76.3M | 38.2M | 655.7M | 688.5M | |
Other Assets | 743.0M | 745.4M | 634.8M | 788.1M | (37.0M) | (35.2M) | |
Common Stock Total Equity | 3.7M | 3.5M | 3.4M | 3.5M | 3.1M | 4.2M | |
Short Term Investments | 152.1M | 247.0M | 183.6M | 178.2M | (604.6M) | (574.4M) | |
Liabilities And Stockholders Equity | 1.4B | 1.4B | 1.4B | 1.6B | 1.7B | 2.1B | |
Other Stockholder Equity | 503.5M | 488.5M | 481.8M | 478.4M | 484.5M | 504.8M | |
Total Liab | 878.0M | 892.8M | 951.8M | 1.1B | 1.1B | 1.3B | |
Common Stock | 3.7M | 3.5M | 3.4M | 3.5M | 3.5M | 4.2M | |
Net Debt | 67.7M | 86.9M | 21.8M | 42.3M | (580.9M) | (551.9M) | |
Non Current Assets Total | 308.3M | 250.2M | 299.9M | 70.3M | 497.2M | 727.8M | |
Non Currrent Assets Other | 864K | 2.4M | 3.0M | (84.8M) | (413.5M) | (392.9M) | |
Cash And Short Term Investments | 25.8M | 8.9M | 76.3M | 38.2M | 51.1M | 35.4M | |
Net Receivables | 278.1M | 353.2M | 416.5M | 518.8M | 645.1M | 677.3M | |
Total Current Assets | 303.9M | 362.1M | 492.8M | 722.0M | 1.3B | 1.3B | |
Total Current Liabilities | 122.7M | 92.2M | 91.2M | 80.5M | 704.2M | 442.3M | |
Other Current Assets | 1.0B | 1.1B | 1.1B | 1.2B | 1.3B | 1.3B | |
Short Long Term Debt Total | 93.5M | 100.9M | 102.4M | 183.0M | 73.3M | 91.9M | |
Net Tangible Assets | 477.2M | 464.9M | 475.7M | 503.1M | 452.8M | 584.7M | |
Long Term Debt | 93.5M | 100.3M | 101.8M | 102.4M | 73.3M | 68.3M | |
Retained Earnings Total Equity | (30.1M) | (27.1M) | (9.5M) | 21.2M | 19.1M | 18.1M | |
Long Term Debt Total | 93.5M | 100.3M | 101.8M | 102.4M | 117.8M | 67.3M | |
Non Current Liabilities Total | 93.5M | 95.8M | 98.1M | 996.7M | 1.1B | 1.2B | |
Capital Surpluse | 503.5M | 488.5M | 481.8M | 478.4M | 430.6M | 395.3M | |
Long Term Investments | 256.4M | 196.2M | 231.0M | 248.5M | 258.9M | 245.9M | |
Non Current Liabilities Other | 779.5M | 792.5M | 850.0M | 974.8M | 877.3M | 1.1B | |
Intangible Assets | 49.7M | 51.0M | 63.0M | 82.4M | 80.0M | 50.3M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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.