GreenPower Sale Purchase Of Stock vs Change To Operating Activities 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 Sale Purchase Of Stock and its Change To Operating Activities 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.
Sale Purchase Of Stock vs Change To Operating Activities
Sale Purchase Of Stock vs Change To Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GreenPower Motor Sale Purchase Of Stock account and Change To Operating Activities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between GreenPower's Sale Purchase Of Stock and Change To Operating Activities is -0.23. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Change To Operating Activities 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 Sale Purchase Of Stock and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of GreenPower Motor are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Sale Purchase Of Stock i.e., GreenPower's Sale Purchase Of Stock and Change To Operating Activities go up and down completely randomly.
Correlation Coefficient | -0.23 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Sale Purchase Of Stock
Change To Operating Activities
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
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GreenPower Account Relationship Matchups
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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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