Graphene Common Stock vs Net Receivables Analysis

GMG Stock

0.60 0.02 3.45%

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

Common Stock vs Net Receivables

Common Stock vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Graphene Manufacturing Common Stock account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Graphene Manufacturing's Common Stock and Net Receivables is -0.36. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Graphene Manufacturing Group, assuming nothing else is changed. The correlation between historical values of Graphene Manufacturing's Common Stock and Net Receivables 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 Graphene Manufacturing Group are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Common Stock i.e., Graphene Manufacturing's Common Stock and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.36

Relationship Direction	Negative
Relationship Strength	Insignificant

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Common Stock

Net Receivables

Most indicators from Graphene Manufacturing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Graphene Manufacturing 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 Graphene Manufacturing Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Graphene Manufacturing's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 104 M in 2024, whereas Selling General Administrative is likely to drop slightly above 7.4 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	43.7K	104.1K	119.7K	125.7K
Interest Income	1.8K	698.0	628.2	1.1K

Interest Expense Interest Income

Graphene Manufacturing fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Short Long Term Debt
Total Assets		0.96	0.98	0.99	0.98	0.86	-0.93	0.86	0.86	0.85	-0.36	0.89	0.92	-0.12	0.88	0.99	0.99	0.89	0.96	0.97	0.79	0.76	0.98	0.88	0.76	-0.48
Other Current Liab	0.96		0.98	0.94	0.92	0.77	-0.88	0.95	0.88	0.77	-0.36	0.78	0.92	0.1	0.81	0.98	0.94	0.79	0.97	0.92	0.81	0.69	0.93	0.8	0.65	-0.4
Total Current Liabilities	0.98	0.98		0.96	0.93	0.85	-0.94	0.93	0.83	0.85	-0.4	0.88	0.97	0.04	0.88	1.0	0.96	0.89	0.94	0.98	0.74	0.77	0.98	0.88	0.77	-0.49
Total Stockholder Equity	0.99	0.94	0.96		0.99	0.84	-0.91	0.8	0.87	0.82	-0.34	0.88	0.87	-0.21	0.85	0.97	1.0	0.87	0.96	0.95	0.83	0.72	0.95	0.86	0.73	-0.46
Net Tangible Assets	0.98	0.92	0.93	0.99		0.79	-0.86	0.76	0.9	0.76	-0.41	0.85	0.85	-0.2	0.79	0.94	0.99	0.84	0.97	0.93	0.86	0.64	0.93	0.81	0.67	-0.42
Property Plant And Equipment Net	0.86	0.77	0.85	0.84	0.79		-0.98	0.73	0.56	1.0	-0.33	0.98	0.83	-0.28	1.0	0.86	0.84	0.93	0.73	0.91	0.48	0.85	0.88	1.0	0.91	-0.81
Retained Earnings	-0.93	-0.88	-0.94	-0.91	-0.86	-0.98		-0.84	-0.68	-0.97	0.4	-0.98	-0.93	0.13	-0.99	-0.94	-0.91	-0.94	-0.83	-0.97	-0.58	-0.84	-0.95	-0.98	-0.89	0.73
Accounts Payable	0.86	0.95	0.93	0.8	0.76	0.73	-0.84		0.73	0.74	-0.34	0.71	0.93	0.33	0.78	0.92	0.8	0.74	0.84	0.86	0.61	0.71	0.86	0.76	0.66	-0.4
Cash	0.86	0.88	0.83	0.87	0.9	0.56	-0.68	0.73		0.52	-0.54	0.61	0.76	0.03	0.57	0.83	0.87	0.55	0.96	0.75	0.98	0.32	0.75	0.58	0.33	-0.3
Non Current Assets Total	0.85	0.77	0.85	0.82	0.76	1.0	-0.97	0.74	0.52		-0.27	0.96	0.82	-0.27	1.0	0.86	0.83	0.93	0.71	0.9	0.44	0.88	0.87	1.0	0.93	-0.79
Net Receivables	-0.36	-0.36	-0.4	-0.34	-0.41	-0.33	0.4	-0.34	-0.54	-0.27		-0.41	-0.55	-0.32	-0.3	-0.37	-0.34	-0.25	-0.44	-0.39	-0.42	0.09	-0.36	-0.29	-0.1	0.52
Common Stock Shares Outstanding	0.89	0.78	0.88	0.88	0.85	0.98	-0.98	0.71	0.61	0.96	-0.41		0.87	-0.27	0.97	0.89	0.88	0.97	0.76	0.95	0.51	0.83	0.93	0.97	0.92	-0.74
Inventory	0.92	0.92	0.97	0.87	0.85	0.83	-0.93	0.93	0.76	0.82	-0.55	0.87		0.2	0.86	0.95	0.87	0.87	0.86	0.96	0.62	0.73	0.95	0.84	0.77	-0.54
Other Current Assets	-0.12	0.1	0.04	-0.21	-0.2	-0.28	0.13	0.33	0.03	-0.27	-0.32	-0.27	0.2		-0.22	-0.01	-0.21	-0.24	-0.03	-0.08	-0.1	-0.21	-0.06	-0.27	-0.25	0.24
Other Stockholder Equity	0.88	0.81	0.88	0.85	0.79	1.0	-0.99	0.78	0.57	1.0	-0.3	0.97	0.86	-0.22		0.89	0.85	0.94	0.75	0.93	0.48	0.88	0.9	1.0	0.92	-0.77
Total Liab	0.99	0.98	1.0	0.97	0.94	0.86	-0.94	0.92	0.83	0.86	-0.37	0.89	0.95	-0.01	0.89		0.97	0.9	0.94	0.98	0.74	0.79	0.98	0.89	0.78	-0.49
Net Invested Capital	0.99	0.94	0.96	1.0	0.99	0.84	-0.91	0.8	0.87	0.83	-0.34	0.88	0.87	-0.21	0.85	0.97		0.88	0.96	0.95	0.83	0.73	0.95	0.87	0.73	-0.47
Property Plant And Equipment Gross	0.89	0.79	0.89	0.87	0.84	0.93	-0.94	0.74	0.55	0.93	-0.25	0.97	0.87	-0.24	0.94	0.9	0.88		0.74	0.96	0.46	0.92	0.95	0.94	0.96	-0.58
Total Current Assets	0.96	0.97	0.94	0.96	0.97	0.73	-0.83	0.84	0.96	0.71	-0.44	0.76	0.86	-0.03	0.75	0.94	0.96	0.74		0.89	0.92	0.57	0.89	0.76	0.56	-0.39
Capital Stock	0.97	0.92	0.98	0.95	0.93	0.91	-0.97	0.86	0.75	0.9	-0.39	0.95	0.96	-0.08	0.93	0.98	0.95	0.96	0.89		0.65	0.83	1.0	0.92	0.86	-0.56
Net Working Capital	0.79	0.81	0.74	0.83	0.86	0.48	-0.58	0.61	0.98	0.44	-0.42	0.51	0.62	-0.1	0.48	0.74	0.83	0.46	0.92	0.65		0.24	0.66	0.51	0.22	-0.22
Intangible Assets	0.76	0.69	0.77	0.72	0.64	0.85	-0.84	0.71	0.32	0.88	0.09	0.83	0.73	-0.21	0.88	0.79	0.73	0.92	0.57	0.83	0.24		0.83	0.87	0.97	-0.45
Common Stock	0.98	0.93	0.98	0.95	0.93	0.88	-0.95	0.86	0.75	0.87	-0.36	0.93	0.95	-0.06	0.9	0.98	0.95	0.95	0.89	1.0	0.66	0.83		0.9	0.85	-0.49
Property Plant Equipment	0.88	0.8	0.88	0.86	0.81	1.0	-0.98	0.76	0.58	1.0	-0.29	0.97	0.84	-0.27	1.0	0.89	0.87	0.94	0.76	0.92	0.51	0.87	0.9		0.91	-0.77
Other Liab	0.76	0.65	0.77	0.73	0.67	0.91	-0.89	0.66	0.33	0.93	-0.1	0.92	0.77	-0.25	0.92	0.78	0.73	0.96	0.56	0.86	0.22	0.97	0.85	0.91		-0.6
Short Long Term Debt	-0.48	-0.4	-0.49	-0.46	-0.42	-0.81	0.73	-0.4	-0.3	-0.79	0.52	-0.74	-0.54	0.24	-0.77	-0.49	-0.47	-0.58	-0.39	-0.56	-0.22	-0.45	-0.49	-0.77	-0.6

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Graphene Common Stock vs Net Receivables Analysis

Common Stock vs Net Receivables

Common Stock vs Net Receivables Correlation Analysis

Correlation Coefficient

Common Stock

Net Receivables

Graphene Manufacturing fundamental ratios Correlations

Graphene Manufacturing Account Relationship Matchups

High Positive Relationship

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COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Other Stockholder Equity	+ 1.0	Property Plant And Equipment Net
Property Plant Equipment	+ 1.0	Property Plant And Equipment Net
Other Stockholder Equity	+ 1.0	Non Current Assets Total

Other Stockholder Equity	- 0.99	Retained Earnings
Property Plant Equipment	- 0.98	Retained Earnings
Common Stock Shares Outstanding	- 0.98	Retained Earnings
Retained Earnings	- 0.98	Property Plant And Equipment Net
Capital Stock	- 0.97	Retained Earnings
Non Current Assets Total	- 0.97	Retained Earnings