Great Pb Ratio vs Average Payables Analysis

GR Stock

CAD 0.07 0.01 8.33%

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

Pb Ratio vs Average Payables

Pb Ratio vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Great Atlantic Resources Pb Ratio account and Average Payables. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Great Atlantic's Pb Ratio and Average Payables is -0.15. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Average Payables in the same time period over historical financial statements of Great Atlantic Resources, assuming nothing else is changed. The correlation between historical values of Great Atlantic's Pb Ratio and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Great Atlantic Resources are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Pb Ratio i.e., Great Atlantic's Pb Ratio and Average Payables go up and down completely randomly.

Correlation Coefficient

-0.15

Relationship Direction	Negative
Relationship Strength	Insignificant

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Pb Ratio

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Most indicators from Great Atlantic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Great Atlantic Resources 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 Great Atlantic Resources. 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, Great Atlantic's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 2.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 421.6 K in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	166.9K	250.0K	229.8K	241.3K
Income Tax Expense	670.4K	271.6K	3.0	2.85

Depreciation And Amortization Income Tax Expense

Great Atlantic fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Net	Short Long Term Debt Total	Non Current Liabilities Total	Short Term Debt	Inventory	Other Current Assets	Other Current Liab	Common Stock	Short Term Investments	Net Tangible Assets	Short Long Term Debt	Property Plant Equipment
Total Assets		-0.17	0.77	-0.6	-0.54	-0.27	0.75	0.77	0.74	0.55	0.39	0.94	-0.11	0.79	0.74	0.24	0.18	0.24	-0.16	0.7	-0.11	0.66	0.4	0.97	0.47	0.74
Total Current Liabilities	-0.17		-0.75	0.64	-0.65	0.95	-0.39	0.12	-0.42	-0.43	0.81	-0.06	0.99	-0.45	0.14	0.76	0.52	0.64	-0.2	-0.12	0.94	0.43	-0.4	-0.31	0.04	0.01
Total Stockholder Equity	0.77	-0.75		-0.82	0.06	-0.79	0.76	0.42	0.77	0.63	-0.27	0.65	-0.71	0.82	0.39	-0.35	-0.25	-0.25	0.01	0.57	-0.67	0.17	0.53	0.85	0.29	0.49
Net Debt	-0.6	0.64	-0.82		-0.09	0.76	-0.94	0.01	-0.94	-0.65	0.32	-0.47	0.63	-0.94	0.04	0.43	0.39	0.22	0.0	-0.38	0.49	-0.09	-0.6	-0.75	-0.26	-0.03
Retained Earnings	-0.54	-0.65	0.06	-0.09		-0.6	-0.21	-0.59	-0.21	-0.14	-0.87	-0.6	-0.7	-0.22	-0.58	-0.8	-0.42	-0.74	0.54	-0.25	-0.57	-0.89	-0.13	-0.41	-0.54	-0.5
Accounts Payable	-0.27	0.95	-0.79	0.76	-0.6		-0.55	0.13	-0.57	-0.5	0.71	-0.16	0.95	-0.59	0.15	0.72	0.48	0.52	-0.29	-0.26	0.8	0.35	-0.44	-0.45	-0.03	0.04
Cash	0.75	-0.39	0.76	-0.94	-0.21	-0.55		0.18	0.99	0.69	0.02	0.69	-0.37	0.98	0.14	-0.1	-0.11	0.06	-0.04	0.39	-0.25	0.36	0.56	0.86	0.4	0.17
Non Current Assets Total	0.77	0.12	0.42	0.01	-0.59	0.13	0.18		0.16	0.07	0.56	0.75	0.19	0.22	0.99	0.45	0.44	0.28	-0.14	0.64	0.05	0.67	-0.04	0.6	0.24	0.98
Cash And Short Term Investments	0.74	-0.42	0.77	-0.94	-0.21	-0.57	0.99	0.16		0.72	-0.01	0.68	-0.39	0.99	0.12	-0.1	-0.15	0.08	-0.08	0.38	-0.28	0.36	0.67	0.86	0.5	0.16
Net Receivables	0.55	-0.43	0.63	-0.65	-0.14	-0.5	0.69	0.07	0.72		-0.04	0.56	-0.39	0.77	0.02	0.0	-0.12	0.15	-0.16	0.09	-0.3	0.22	0.63	0.65	0.53	0.04
Common Stock Shares Outstanding	0.39	0.81	-0.27	0.32	-0.87	0.71	0.02	0.56	-0.01	-0.04		0.53	0.85	-0.01	0.56	0.94	0.76	0.81	-0.12	0.18	0.8	0.79	-0.15	0.23	0.37	0.44
Other Stockholder Equity	0.94	-0.06	0.65	-0.47	-0.6	-0.16	0.69	0.75	0.68	0.56	0.53		0.02	0.71	0.73	0.45	0.44	0.43	-0.03	0.5	0.01	0.76	0.39	0.88	0.58	0.72
Total Liab	-0.11	0.99	-0.71	0.63	-0.7	0.95	-0.37	0.19	-0.39	-0.39	0.85	0.02		-0.42	0.2	0.82	0.59	0.68	-0.19	-0.12	0.93	0.49	-0.39	-0.27	0.08	0.07
Total Current Assets	0.79	-0.45	0.82	-0.94	-0.22	-0.59	0.98	0.22	0.99	0.77	-0.01	0.71	-0.42		0.18	-0.12	-0.18	0.07	-0.11	0.46	-0.3	0.37	0.66	0.9	0.49	0.22
Property Plant And Equipment Net	0.74	0.14	0.39	0.04	-0.58	0.15	0.14	0.99	0.12	0.02	0.56	0.73	0.2	0.18		0.44	0.45	0.26	-0.12	0.64	0.06	0.65	-0.02	0.57	0.24	0.99
Short Long Term Debt Total	0.24	0.76	-0.35	0.43	-0.8	0.72	-0.1	0.45	-0.1	0.0	0.94	0.45	0.82	-0.12	0.44		0.81	0.85	-0.11	-0.1	0.73	0.71	-0.06	0.08	0.47	0.33
Non Current Liabilities Total	0.18	0.52	-0.25	0.39	-0.42	0.48	-0.11	0.44	-0.15	-0.12	0.76	0.44	0.59	-0.18	0.45	0.81		0.59	0.42	-0.12	0.56	0.48	-0.3	0.02	0.15	0.35
Short Term Debt	0.24	0.64	-0.25	0.22	-0.74	0.52	0.06	0.28	0.08	0.15	0.81	0.43	0.68	0.07	0.26	0.85	0.59		-0.11	0.02	0.7	0.78	0.14	0.2	0.66	0.17
Inventory	-0.16	-0.2	0.01	0.0	0.54	-0.29	-0.04	-0.14	-0.08	-0.16	-0.12	-0.03	-0.19	-0.11	-0.12	-0.11	0.42	-0.11		-0.03	0.02	-0.31	-0.19	-0.13	-0.23	-0.13
Other Current Assets	0.7	-0.12	0.57	-0.38	-0.25	-0.26	0.39	0.64	0.38	0.09	0.18	0.5	-0.12	0.46	0.64	-0.1	-0.12	0.02	-0.03		-0.04	0.38	0.15	0.69	0.14	0.65
Other Current Liab	-0.11	0.94	-0.67	0.49	-0.57	0.8	-0.25	0.05	-0.28	-0.3	0.8	0.01	0.93	-0.3	0.06	0.73	0.56	0.7	0.02	-0.04		0.41	-0.34	-0.21	0.09	-0.09
Common Stock	0.66	0.43	0.17	-0.09	-0.89	0.35	0.36	0.67	0.36	0.22	0.79	0.76	0.49	0.37	0.65	0.71	0.48	0.78	-0.31	0.38	0.41		0.21	0.58	0.62	0.62
Short Term Investments	0.4	-0.4	0.53	-0.6	-0.13	-0.44	0.56	-0.04	0.67	0.63	-0.15	0.39	-0.39	0.66	-0.02	-0.06	-0.3	0.14	-0.19	0.15	-0.34	0.21		0.54	0.79	0.03
Net Tangible Assets	0.97	-0.31	0.85	-0.75	-0.41	-0.45	0.86	0.6	0.86	0.65	0.23	0.88	-0.27	0.9	0.57	0.08	0.02	0.2	-0.13	0.69	-0.21	0.58	0.54		0.53	0.59
Short Long Term Debt	0.47	0.04	0.29	-0.26	-0.54	-0.03	0.4	0.24	0.5	0.53	0.37	0.58	0.08	0.49	0.24	0.47	0.15	0.66	-0.23	0.14	0.09	0.62	0.79	0.53		0.24
Property Plant Equipment	0.74	0.01	0.49	-0.03	-0.5	0.04	0.17	0.98	0.16	0.04	0.44	0.72	0.07	0.22	0.99	0.33	0.35	0.17	-0.13	0.65	-0.09	0.62	0.03	0.59	0.24

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Great Pb Ratio vs Average Payables Analysis

Pb Ratio vs Average Payables

Pb Ratio vs Average Payables Correlation Analysis

Correlation Coefficient

Pb Ratio

Average Payables

Great Atlantic fundamental ratios Correlations

Great Atlantic Account Relationship Matchups

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Total Liab	+ 0.99	Total Current Liabilities
Cash And Short Term Investments	+ 0.99	Cash
Property Plant And Equipment Net	+ 0.99	Non Current Assets Total
Total Current Assets	+ 0.99	Cash And Short Term Investments
Property Plant Equipment	+ 0.99	Property Plant And Equipment Net
Total Current Assets	+ 0.98	Cash

Total Current Assets	- 0.94	Net Debt
Cash And Short Term Investments	- 0.94	Net Debt
Cash	- 0.94	Net Debt
Common Stock	- 0.89	Retained Earnings
Common Stock Shares Outstanding	- 0.87	Retained Earnings
Net Debt	- 0.82	Total Stockholder Equity