GRIT Change To Netincome vs Stock Based Compensation Analysis

GR1T Stock

10.50 0.25 2.33%

GRIT Real financial indicator trend analysis is much more than just examining GRIT Real Estate latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GRIT Real Estate is a good investment. Please check the relationship between GRIT Real Change To Netincome and its Stock Based Compensation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GRIT Real Estate. 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.

Change To Netincome vs Stock Based Compensation

Change To Netincome vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GRIT Real Estate Change To Netincome account and Stock Based Compensation. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between GRIT Real's Change To Netincome and Stock Based Compensation is -0.18. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of GRIT Real Estate, assuming nothing else is changed. The correlation between historical values of GRIT Real's Change To Netincome and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of GRIT Real Estate are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Change To Netincome i.e., GRIT Real's Change To Netincome and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

-0.18

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change To Netincome

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

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

Tax Provision is likely to gain to about 6.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 146.5 K in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	42.1M	46.6M	51.6M	88.2K
Total Revenue	50.8M	56.2M	64.0M	103.0K

Gross Profit Total Revenue

GRIT Real fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Liab	Net Tangible Assets	Current Deferred Revenue	Long Term Debt
Total Assets		0.97	-0.15	0.75	0.94	0.3	0.99	-0.81	0.51	0.67	1.0	0.92	0.4	0.67	0.13	0.95	0.85	0.68	-0.01	0.99	0.76	1.0	0.85	0.86	0.62	0.84
Short Long Term Debt Total	0.97		-0.2	0.74	0.87	0.32	0.98	-0.88	0.48	0.58	0.97	0.91	0.37	0.58	0.06	0.97	0.85	0.74	-0.08	0.99	0.74	0.97	0.86	0.81	0.6	0.82
Other Current Liab	-0.15	-0.2		0.07	-0.29	-0.03	-0.16	-0.03	0.43	0.06	-0.19	-0.2	-0.42	0.06	-0.14	-0.14	-0.27	0.14	0.71	-0.15	0.16	-0.19	-0.17	-0.02	-0.02	0.17
Total Current Liabilities	0.75	0.74	0.07		0.57	-0.2	0.74	-0.72	0.4	0.58	0.7	0.83	0.28	0.58	-0.05	0.71	0.32	0.93	0.04	0.76	0.95	0.71	0.66	0.68	0.52	0.6
Total Stockholder Equity	0.94	0.87	-0.29	0.57		0.3	0.9	-0.6	0.44	0.72	0.95	0.85	0.49	0.72	0.27	0.84	0.85	0.47	0.0	0.9	0.62	0.95	0.74	0.79	0.5	0.71
Property Plant And Equipment Net	0.3	0.32	-0.03	-0.2	0.3		0.32	-0.41	0.08	0.05	0.34	-0.05	-0.12	0.05	-0.28	0.47	0.62	-0.06	0.12	0.32	-0.16	0.35	0.29	0.31	0.26	0.38
Net Debt	0.99	0.98	-0.16	0.74	0.9	0.32		-0.86	0.51	0.58	0.99	0.91	0.36	0.58	0.08	0.97	0.87	0.69	-0.08	1.0	0.74	0.99	0.88	0.85	0.64	0.87
Retained Earnings	-0.81	-0.88	-0.03	-0.72	-0.6	-0.41	-0.86		-0.44	-0.46	-0.79	-0.71	-0.26	-0.46	0.36	-0.92	-0.7	-0.82	-0.06	-0.87	-0.74	-0.82	-0.83	-0.73	-0.69	-0.83
Accounts Payable	0.51	0.48	0.43	0.4	0.44	0.08	0.51	-0.44		0.4	0.49	0.47	0.01	0.4	0.08	0.43	0.41	0.42	0.48	0.5	0.55	0.49	0.23	0.25	0.16	0.47
Cash	0.67	0.58	0.06	0.58	0.72	0.05	0.58	-0.46	0.4		0.64	0.65	0.64	1.0	0.03	0.58	0.42	0.58	0.52	0.6	0.75	0.67	0.44	0.62	0.36	0.47
Non Current Assets Total	1.0	0.97	-0.19	0.7	0.95	0.34	0.99	-0.79	0.49	0.64		0.91	0.39	0.64	0.15	0.95	0.88	0.64	-0.04	0.99	0.71	1.0	0.85	0.86	0.61	0.84
Non Currrent Assets Other	0.92	0.91	-0.2	0.83	0.85	-0.05	0.91	-0.71	0.47	0.65	0.91		0.48	0.65	0.23	0.83	0.68	0.73	-0.11	0.91	0.83	0.9	0.83	0.81	0.62	0.75
Other Assets	0.4	0.37	-0.42	0.28	0.49	-0.12	0.36	-0.26	0.01	0.64	0.39	0.48		0.64	-0.07	0.37	0.32	0.31	0.01	0.37	0.43	0.43	0.33	0.37	0.25	0.24
Cash And Short Term Investments	0.67	0.58	0.06	0.58	0.72	0.05	0.58	-0.46	0.4	1.0	0.64	0.65	0.64		0.03	0.58	0.42	0.58	0.52	0.6	0.75	0.67	0.44	0.62	0.36	0.47
Common Stock Total Equity	0.13	0.06	-0.14	-0.05	0.27	-0.28	0.08	0.36	0.08	0.03	0.15	0.23	-0.07	0.03		-0.1	0.12	-0.27	-0.28	0.06	-0.12	0.09	-0.04	0.02	-0.23	-0.06
Common Stock Shares Outstanding	0.95	0.97	-0.14	0.71	0.84	0.47	0.97	-0.92	0.43	0.58	0.95	0.83	0.37	0.58	-0.1		0.86	0.72	-0.02	0.97	0.71	0.96	0.88	0.86	0.69	0.87
Non Current Liabilities Total	0.85	0.85	-0.27	0.32	0.85	0.62	0.87	-0.7	0.41	0.42	0.88	0.68	0.32	0.42	0.12	0.86		0.32	-0.11	0.86	0.36	0.88	0.77	0.71	0.54	0.79
Other Current Assets	0.68	0.74	0.14	0.93	0.47	-0.06	0.69	-0.82	0.42	0.58	0.64	0.73	0.31	0.58	-0.27	0.72	0.32		0.19	0.72	0.93	0.66	0.6	0.6	0.46	0.58
Other Stockholder Equity	-0.01	-0.08	0.71	0.04	0.0	0.12	-0.08	-0.06	0.48	0.52	-0.04	-0.11	0.01	0.52	-0.28	-0.02	-0.11	0.19		-0.05	0.27	-0.01	-0.22	0.01	-0.1	0.07
Total Liab	0.99	0.99	-0.15	0.76	0.9	0.32	1.0	-0.87	0.5	0.6	0.99	0.91	0.37	0.6	0.06	0.97	0.86	0.72	-0.05		0.77	0.99	0.89	0.86	0.65	0.87
Total Current Assets	0.76	0.74	0.16	0.95	0.62	-0.16	0.74	-0.74	0.55	0.75	0.71	0.83	0.43	0.75	-0.12	0.71	0.36	0.93	0.27	0.77		0.73	0.62	0.67	0.5	0.63
Common Stock	1.0	0.97	-0.19	0.71	0.95	0.35	0.99	-0.82	0.49	0.67	1.0	0.9	0.43	0.67	0.09	0.96	0.88	0.66	-0.01	0.99	0.73		0.86	0.85	0.63	0.84
Other Liab	0.85	0.86	-0.17	0.66	0.74	0.29	0.88	-0.83	0.23	0.44	0.85	0.83	0.33	0.44	-0.04	0.88	0.77	0.6	-0.22	0.89	0.62	0.86		0.91	0.89	0.91
Net Tangible Assets	0.86	0.81	-0.02	0.68	0.79	0.31	0.85	-0.73	0.25	0.62	0.86	0.81	0.37	0.62	0.02	0.86	0.71	0.6	0.01	0.86	0.67	0.85	0.91		0.81	0.9
Current Deferred Revenue	0.62	0.6	-0.02	0.52	0.5	0.26	0.64	-0.69	0.16	0.36	0.61	0.62	0.25	0.36	-0.23	0.69	0.54	0.46	-0.1	0.65	0.5	0.63	0.89	0.81		0.79
Long Term Debt	0.84	0.82	0.17	0.6	0.71	0.38	0.87	-0.83	0.47	0.47	0.84	0.75	0.24	0.47	-0.06	0.87	0.79	0.58	0.07	0.87	0.63	0.84	0.91	0.9	0.79

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GRIT Real Account Relationship Matchups

GRIT Real fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	845.7M	810.7M	937.2M	907.7M	1.1B	1.2M
Short Long Term Debt Total	448.6M	432.4M	456.3M	459.5M	540.9M	769.4K
Other Current Liab	(105.5M)	(207.7M)	(200.5M)	(97.2M)	93.1M	307.5K
Total Current Liabilities	126.1M	233.2M	234.9M	4.8M	498.3M	307.5K
Total Stockholder Equity	297.9M	296.3M	391.6M	359.1M	254.7M	906.2K
Property Plant And Equipment Net	3.4M	2.4M	2.1M	622.9M	14.0M	1.8M
Net Debt	445.0M	427.6M	430.3M	450.3M	522.1M	(67.3K)
Retained Earnings	(133.8M)	(176.1M)	(178.0M)	(218.3M)	(307.7M)	71.3K
Accounts Payable	7.9M	6.6M	4.8M	6.5M	11.2M	84.9K
Cash	3.6M	4.9M	26.0M	9.2M	18.8M	67.3K
Non Current Assets Total	808.7M	747.8M	840.2M	898.5M	906.5M	1.1M
Non Currrent Assets Other	780.3M	724.8M	824.9M	275.1M	877.0M	1.1M
Other Assets	77.7M	27.9M	630.5M	1.0	1.15	1.09
Cash And Short Term Investments	3.6M	4.9M	26.0M	9.2M	18.8M	67.3K
Common Stock Total Equity	328.4M	443.3M	454.1M	102.35	117.7	111.82
Common Stock Shares Outstanding	289.6M	302.7M	314.0M	399.3M	482.3M	483.7M
Liabilities And Stockholders Equity	845.7M	810.7M	937.2M	907.7M	1.1B	1.2M
Non Current Liabilities Total	422.3M	299.1M	333.0M	569.3M	198.8M	769.4K
Other Current Assets	28.7M	58.0M	71.0M	24.5M	129.1M	327.0
Other Stockholder Equity	(26.6M)	(16.9M)	4.3M	10.1M	26.7M	864.5K
Total Liab	548.4M	532.3M	567.8M	574.1M	697.1M	307.5K
Total Current Assets	37.0M	62.9M	97.0M	9.2M	147.9M	73.9K
Common Stock	328.4M	443.3M	454.1M	463.8M	535.7M	102.35
Accumulated Other Comprehensive Income	(4.1M)	1.5M	20.6M	26.4M	(30.9K)	(29.3K)
Other Liab	44.4M	57.4M	51.7M	49.6M	57.0M	33.1M
Net Tangible Assets	389.4M	297.3M	270.4M	361.4M	415.6M	293.9M
Long Term Debt	351.2M	233.8M	270.0M	361.4M	415.6M	234.9M
Net Receivables	33.4M	57.9M	69.1M	18.6M	21.4M	34.0M
Property Plant And Equipment Gross	3.4M	7.0M	6.5M	8.6M	9.8M	10.3M
Short Long Term Debt	91.7M	197.7M	184.8M	80.2M	92.2M	127.6M
Short Term Debt	96.5M	203.3M	200.2M	94.8M	391.7M	411.2M
Intangible Assets	568K	480K	670K	433K	193K	183.4K
Property Plant Equipment	569.9M	569.1M	551.9M	2.1M	2.4M	2.3M
Capital Lease Obligations	1.2M	955K	1.4M	4.6M	5.3M	5.6M
Net Invested Capital	740.8M	702.3M	816.9M	769.0M	884.4M	776.8M
Net Working Capital	(89.1M)	(170.3M)	(137.8M)	(109.4M)	(98.5M)	(103.4M)
Capital Stock	454.1M	489.3M	565.3M	567.3M	652.4M	554.2M

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When running GRIT Real's price analysis, check to measure GRIT Real's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GRIT Real is operating at the current time. Most of GRIT Real's value examination focuses on studying past and present price action to predict the probability of GRIT Real's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GRIT Real's price. Additionally, you may evaluate how the addition of GRIT Real to your portfolios can decrease your overall portfolio volatility.

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GRIT Change To Netincome vs Stock Based Compensation Analysis

Change To Netincome vs Stock Based Compensation

Change To Netincome vs Stock Based Compensation Correlation Analysis

Correlation Coefficient

Change To Netincome

Stock Based Compensation

GRIT Real fundamental ratios Correlations

GRIT Real Account Relationship Matchups

High Positive Relationship

High Negative Relationship

GRIT Real fundamental ratios Accounts

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Additional Tools for GRIT Stock Analysis

COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Common Stock	+ 1.0	Total Assets
Total Liab	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Non Current Assets Total
Net Debt	+ 0.99	Total Assets

Common Stock Shares Outstanding	- 0.92	Retained Earnings
Retained Earnings	- 0.88	Short Long Term Debt Total
Total Liab	- 0.87	Retained Earnings
Retained Earnings	- 0.86	Net Debt
Long Term Debt	- 0.83	Retained Earnings
Other Liab	- 0.83	Retained Earnings