GreenPower Investments vs Free Cash Flow Analysis

GPV Stock

CAD 1.26 0.05 4.13%

GreenPower financial indicator trend analysis is much more than just examining GreenPower Motor latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GreenPower Motor is a good investment. Please check the relationship between GreenPower Investments and its Free Cash Flow accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GreenPower Motor. 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.

Investments vs Free Cash Flow

Investments vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GreenPower Motor Investments account and Free Cash Flow. At this time, the significance of the direction appears to have no relationship.

The correlation between GreenPower's Investments and Free Cash Flow is 0.03. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of GreenPower Motor, assuming nothing else is changed. The correlation between historical values of GreenPower's Investments and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of GreenPower Motor are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Investments i.e., GreenPower's Investments and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.03

Relationship Direction	Positive
Relationship Strength	Insignificant

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Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from GreenPower's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GreenPower Motor 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 GreenPower Motor. 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.

Selling General Administrative is likely to climb to about 17.2 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 494.8 K in 2024.

GreenPower fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Current Assets	Other Current Liab	Total Current Liabilities	Net Receivables	Inventory	Other Current Assets	Total Liab	Property Plant And Equipment Net	Accounts Payable	Other Assets	Common Stock	Short Long Term Debt Total	Net Tangible Assets	Current Deferred Revenue	Non Current Liabilities Total	Short Long Term Debt
Total Assets		0.82	0.47	-0.92	0.31	0.93	0.67	0.31	0.82	0.94	1.0	0.57	0.88	0.84	0.97	0.49	0.85	0.88	0.81	0.5	0.98	0.73	0.93	0.87	0.75	0.82
Total Stockholder Equity	0.82		-0.08	-0.57	0.61	0.66	0.71	0.61	0.67	0.65	0.84	0.2	0.46	0.76	0.7	0.62	0.4	0.5	0.58	0.43	0.79	0.24	0.87	0.47	0.26	0.36
Net Debt	0.47	-0.08		-0.67	-0.56	0.59	0.11	-0.56	0.45	0.56	0.44	0.59	0.81	0.33	0.63	0.09	0.84	0.72	0.54	0.13	0.45	0.89	0.23	0.76	0.86	0.88
Retained Earnings	-0.92	-0.57	-0.67		-0.15	-0.93	-0.53	-0.15	-0.8	-0.97	-0.9	-0.76	-0.94	-0.64	-0.94	-0.35	-0.95	-0.95	-0.7	-0.47	-0.95	-0.88	-0.86	-0.94	-0.92	-0.92
Cash	0.31	0.61	-0.56	-0.15		0.28	0.6	1.0	0.26	0.2	0.31	-0.06	-0.08	0.28	0.09	0.02	-0.08	0.06	0.03	0.64	0.35	-0.13	0.51	-0.08	-0.08	-0.14
Non Current Assets Total	0.93	0.66	0.59	-0.93	0.28		0.74	0.28	0.87	0.88	0.9	0.6	0.88	0.75	0.89	0.34	0.89	0.94	0.74	0.66	0.92	0.86	0.83	0.83	0.85	0.87
Non Currrent Assets Other	0.67	0.71	0.11	-0.53	0.6	0.74		0.6	0.67	0.48	0.65	0.06	0.41	0.56	0.52	0.43	0.42	0.45	0.37	0.83	0.63	0.46	0.64	0.3	0.41	0.46
Cash And Short Term Investments	0.31	0.61	-0.56	-0.15	1.0	0.28	0.6		0.26	0.2	0.31	-0.06	-0.08	0.28	0.09	0.02	-0.08	0.06	0.03	0.64	0.35	-0.13	0.51	-0.08	-0.08	-0.14
Common Stock Shares Outstanding	0.82	0.67	0.45	-0.8	0.26	0.87	0.67	0.26		0.73	0.8	0.58	0.72	0.68	0.78	0.43	0.72	0.79	0.71	0.57	0.8	0.67	0.73	0.66	0.66	0.71
Other Stockholder Equity	0.94	0.65	0.56	-0.97	0.2	0.88	0.48	0.2	0.73		0.93	0.71	0.91	0.68	0.96	0.4	0.9	0.91	0.71	0.38	0.97	0.78	0.91	0.94	0.84	0.85
Total Current Assets	1.0	0.84	0.44	-0.9	0.31	0.9	0.65	0.31	0.8	0.93		0.56	0.87	0.85	0.97	0.51	0.83	0.86	0.81	0.46	0.98	0.7	0.94	0.86	0.72	0.79
Other Current Liab	0.57	0.2	0.59	-0.76	-0.06	0.6	0.06	-0.06	0.58	0.71	0.56		0.71	0.3	0.65	0.11	0.73	0.75	0.45	0.1	0.64	0.66	0.54	0.75	0.74	0.68
Total Current Liabilities	0.88	0.46	0.81	-0.94	-0.08	0.88	0.41	-0.08	0.72	0.91	0.87	0.71		0.74	0.94	0.26	0.99	0.95	0.83	0.38	0.86	0.93	0.71	0.98	0.93	0.97
Net Receivables	0.84	0.76	0.33	-0.64	0.28	0.75	0.56	0.28	0.68	0.68	0.85	0.3	0.74		0.79	0.22	0.67	0.7	0.94	0.5	0.74	0.55	0.68	0.7	0.51	0.62
Inventory	0.97	0.7	0.63	-0.94	0.09	0.89	0.52	0.09	0.78	0.96	0.97	0.65	0.94	0.79		0.5	0.92	0.91	0.82	0.34	0.96	0.8	0.87	0.95	0.82	0.89
Other Current Assets	0.49	0.62	0.09	-0.35	0.02	0.34	0.43	0.02	0.43	0.4	0.51	0.11	0.26	0.22	0.5		0.22	0.23	0.14	-0.11	0.49	0.12	0.54	0.27	0.12	0.28
Total Liab	0.85	0.4	0.84	-0.95	-0.08	0.89	0.42	-0.08	0.72	0.9	0.83	0.73	0.99	0.67	0.92	0.22		0.95	0.78	0.42	0.84	0.96	0.69	0.97	0.97	0.98
Property Plant And Equipment Net	0.88	0.5	0.72	-0.95	0.06	0.94	0.45	0.06	0.79	0.91	0.86	0.75	0.95	0.7	0.91	0.23	0.95		0.79	0.44	0.88	0.89	0.76	0.94	0.91	0.9
Accounts Payable	0.81	0.58	0.54	-0.7	0.03	0.74	0.37	0.03	0.71	0.71	0.81	0.45	0.83	0.94	0.82	0.14	0.78	0.79		0.37	0.71	0.66	0.59	0.8	0.63	0.72
Other Assets	0.5	0.43	0.13	-0.47	0.64	0.66	0.83	0.64	0.57	0.38	0.46	0.1	0.38	0.5	0.34	-0.11	0.42	0.44	0.37		0.48	0.51	0.45	0.26	0.47	0.42
Common Stock	0.98	0.79	0.45	-0.95	0.35	0.92	0.63	0.35	0.8	0.97	0.98	0.64	0.86	0.74	0.96	0.49	0.84	0.88	0.71	0.48		0.72	0.97	0.87	0.77	0.8
Short Long Term Debt Total	0.73	0.24	0.89	-0.88	-0.13	0.86	0.46	-0.13	0.67	0.78	0.7	0.66	0.93	0.55	0.8	0.12	0.96	0.89	0.66	0.51	0.72		0.54	0.86	0.98	0.98
Net Tangible Assets	0.93	0.87	0.23	-0.86	0.51	0.83	0.64	0.51	0.73	0.91	0.94	0.54	0.71	0.68	0.87	0.54	0.69	0.76	0.59	0.45	0.97	0.54		0.75	0.61	0.64
Current Deferred Revenue	0.87	0.47	0.76	-0.94	-0.08	0.83	0.3	-0.08	0.66	0.94	0.86	0.75	0.98	0.7	0.95	0.27	0.97	0.94	0.8	0.26	0.87	0.86	0.75		0.89	0.92
Non Current Liabilities Total	0.75	0.26	0.86	-0.92	-0.08	0.85	0.41	-0.08	0.66	0.84	0.72	0.74	0.93	0.51	0.82	0.12	0.97	0.91	0.63	0.47	0.77	0.98	0.61	0.89		0.96
Short Long Term Debt	0.82	0.36	0.88	-0.92	-0.14	0.87	0.46	-0.14	0.71	0.85	0.79	0.68	0.97	0.62	0.89	0.28	0.98	0.9	0.72	0.42	0.8	0.98	0.64	0.92	0.96

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GreenPower Account Relationship Matchups

GreenPower fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.2M	39.6M	49.6M	63.5M	45.2M	47.5M
Total Stockholder Equity	(1.2M)	36.2M	34.4M	27.7M	11.6M	9.2M
Net Debt	11.9M	(14.0M)	5.0M	15.1M	15.6M	16.4M
Retained Earnings	(23.9M)	(31.6M)	(46.4M)	(60.8M)	(79.0M)	(75.1M)
Cash	299.7K	15.1M	884.8K	600.4K	1.2M	1.7M
Non Current Assets Total	5.1M	6.7M	6.5M	9.4M	8.3M	8.8M
Non Currrent Assets Other	2.7M	4.2M	3.0M	1.9M	1.5M	1.5M
Cash And Short Term Investments	299.7K	15.1M	884.8K	600.4K	1.2M	1.7M
Common Stock Shares Outstanding	15.2M	18.1M	21.9M	23.5M	25.0M	13.5M
Liabilities And Stockholders Equity	13.2M	39.6M	49.6M	63.5M	45.2M	47.5M
Other Stockholder Equity	379.5K	6.6M	9.9M	12.9M	14.9M	15.6M
Total Current Assets	8.1M	32.9M	43.1M	54.2M	36.9M	38.7M
Other Current Liab	121.9K	101.3K	313.5K	535.5K	886.9K	931.2K
Total Current Liabilities	7.4M	2.1M	11.5M	26.5M	21.3M	22.4M
Net Receivables	1.1M	4.8M	3.5M	11.6M	2.9M	2.2M
Inventory	6.6M	12.5M	32.3M	41.6M	32.0M	33.6M
Other Current Assets	174.0K	534.9K	6.5M	328.6K	748.4K	725.9K
Total Liab	14.4M	3.5M	15.2M	35.9M	33.6M	35.3M
Property Plant And Equipment Net	2.4M	2.5M	3.6M	7.5M	6.9M	7.2M
Accounts Payable	1.0M	1.3M	1.7M	7.3M	3.0M	1.6M
Other Assets	2.7M	4.2M	(1.0)	1.9M	2.2M	1.2M
Accumulated Other Comprehensive Income	5.4M	6.6M	9.9M	12.9M	14.2M	14.9M
Common Stock	16.9M	61.2M	70.8M	75.5M	76.4M	80.2M
Short Long Term Debt Total	12.2M	1.1M	5.9M	15.7M	16.8M	17.6M
Net Tangible Assets	(1.2M)	36.2M	34.4M	27.7M	31.8M	33.4M
Current Deferred Revenue	426.2K	125.0K	3.6M	8.1M	7.1M	7.4M
Non Current Liabilities Total	7.0M	1.3M	3.7M	9.4M	12.3M	13.0M
Short Long Term Debt	5.5M	346.2K	5.8M	9.9M	9.7M	10.2M
Short Term Debt	5.8M	612.2K	5.9M	10.6M	10.4M	10.9M
Property Plant Equipment	2.4M	2.5M	3.6M	7.5M	8.6M	9.0M
Long Term Debt	4.1M	6.0M	365.3K	608.8K	2.4M	2.5M
Non Current Liabilities Other	251.9K	573.2K	42.8K	34.3K	1.3M	1.3M
Other Liab	573.2K	848.5K	3.7M	4.2M	4.8M	5.1M
Net Invested Capital	10.4M	36.9M	40.2M	38.2M	23.7M	25.9M
Net Working Capital	743.1K	30.8M	31.6M	27.7M	15.6M	17.0M
Capital Lease Obligations	659.1K	386.7K	120.6K	5.2M	4.6M	4.9M
Capital Stock	16.9M	61.2M	70.8M	75.5M	76.4M	57.5M

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