Gratomic Short Term Debt vs Property Plant Equipment Analysis

GRAT Stock

CAD 0.06 0.01 8.33%

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

Short Term Debt vs Property Plant Equipment

Short Term Debt vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gratomic Short Term Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Gratomic's Short Term Debt and Property Plant Equipment is 0.56. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Gratomic, assuming nothing else is changed. The correlation between historical values of Gratomic's Short Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Gratomic are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Short Term Debt i.e., Gratomic's Short Term Debt and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.56

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Short Term Debt

Property Plant Equipment

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

Selling General Administrative is likely to drop to about 2.9 M in 2024. Issuance Of Capital Stock is likely to drop to about 3.3 M in 2024

	2010	2018	2023	2024 (projected)
Cost Of Revenue	43.7K	70.7K	81.3K	62.9K
Depreciation And Amortization	43.7K	70.7K	81.3K	62.9K

Cost Of Revenue Depreciation And Amortization

Gratomic fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Net Debt	Cash	Non Current Assets Total	Cash And Short Term Investments	Inventory	Other Current Assets	Property Plant And Equipment Net	Non Currrent Assets Other	Other Current Liab	Short Long Term Debt Total	Short Term Debt	Current Deferred Revenue	Short Term Investments	Net Tangible Assets	Common Stock	Property Plant Equipment
Total Assets		0.84	0.99	-0.97	0.85	0.99	0.97	0.87	0.86	0.4	0.28	0.05	1.0	0.11	0.16	0.64	0.99	-0.23	0.88	0.6	0.6	0.47	-0.64	0.99	0.98	0.99
Total Current Liabilities	0.84		0.79	-0.85	0.97	0.84	0.88	0.82	1.0	0.0	0.59	-0.27	0.88	-0.18	0.1	0.34	0.88	-0.35	0.97	0.48	0.48	0.32	-0.86	0.85	0.88	0.86
Total Stockholder Equity	0.99	0.79		-0.98	0.8	0.99	0.96	0.87	0.81	0.43	0.25	0.07	0.99	0.12	0.15	0.67	0.99	-0.23	0.83	0.56	0.56	0.45	-0.59	0.99	0.97	0.99
Retained Earnings	-0.97	-0.85	-0.98		-0.86	-0.97	-0.98	-0.93	-0.87	-0.25	-0.42	0.11	-0.98	0.05	-0.15	-0.66	-0.98	0.35	-0.88	-0.46	-0.46	-0.42	0.63	-0.98	-0.99	-0.98
Accounts Payable	0.85	0.97	0.8	-0.86		0.83	0.87	0.82	0.98	0.02	0.57	-0.27	0.88	-0.2	0.15	0.31	0.88	-0.32	0.96	0.48	0.48	0.38	-0.77	0.85	0.88	0.86
Net Receivables	0.99	0.84	0.99	-0.97	0.83		0.95	0.87	0.85	0.4	0.29	0.04	0.99	0.1	0.15	0.66	0.99	-0.24	0.85	0.55	0.55	0.42	-0.66	0.99	0.98	0.99
Common Stock Shares Outstanding	0.97	0.88	0.96	-0.98	0.87	0.95		0.91	0.89	0.29	0.36	-0.04	0.98	0.03	0.13	0.59	0.98	-0.27	0.9	0.56	0.56	0.45	-0.7	0.98	0.98	0.97
Other Stockholder Equity	0.87	0.82	0.87	-0.93	0.82	0.87	0.91		0.83	0.06	0.55	-0.29	0.89	-0.23	0.22	0.55	0.89	-0.37	0.8	0.31	0.31	0.36	-0.67	0.89	0.93	0.88
Total Liab	0.86	1.0	0.81	-0.87	0.98	0.85	0.89	0.83		0.02	0.58	-0.26	0.89	-0.18	0.09	0.35	0.89	-0.35	0.97	0.48	0.48	0.32	-0.85	0.86	0.9	0.87
Total Current Assets	0.4	0.0	0.43	-0.25	0.02	0.4	0.29	0.06	0.02		-0.75	0.91	0.31	0.92	0.2	0.4	0.31	0.59	0.02	0.59	0.59	0.45	0.05	0.37	0.23	0.34
Net Debt	0.28	0.59	0.25	-0.42	0.57	0.29	0.36	0.55	0.58	-0.75		-0.93	0.37	-0.89	-0.07	0.12	0.37	-0.81	0.57	-0.22	-0.22	-0.16	-0.52	0.31	0.44	0.34
Cash	0.05	-0.27	0.07	0.11	-0.27	0.04	-0.04	-0.29	-0.26	0.91	-0.93		-0.05	1.0	0.11	0.11	-0.05	0.78	-0.27	0.46	0.46	0.32	0.23	0.02	-0.12	-0.02
Non Current Assets Total	1.0	0.88	0.99	-0.98	0.88	0.99	0.98	0.89	0.89	0.31	0.37	-0.05		0.02	0.14	0.62	1.0	-0.3	0.91	0.56	0.56	0.43	-0.68	0.99	0.99	0.99
Cash And Short Term Investments	0.11	-0.18	0.12	0.05	-0.2	0.1	0.03	-0.23	-0.18	0.92	-0.89	1.0	0.02		0.12	0.13	0.02	0.76	-0.2	0.5	0.5	0.34	0.14	0.09	-0.05	0.05
Inventory	0.16	0.1	0.15	-0.15	0.15	0.15	0.13	0.22	0.09	0.2	-0.07	0.11	0.14	0.12		0.12	0.13	0.09	0.06	0.22	0.22	0.48	0.14	0.12	0.09	0.12
Other Current Assets	0.64	0.34	0.67	-0.66	0.31	0.66	0.59	0.55	0.35	0.4	0.12	0.11	0.62	0.13	0.12		0.62	-0.36	0.36	0.29	0.29	0.35	-0.17	0.65	0.62	0.67
Property Plant And Equipment Net	0.99	0.88	0.99	-0.98	0.88	0.99	0.98	0.89	0.89	0.31	0.37	-0.05	1.0	0.02	0.13	0.62		-0.3	0.91	0.56	0.56	0.43	-0.68	0.99	0.99	0.99
Non Currrent Assets Other	-0.23	-0.35	-0.23	0.35	-0.32	-0.24	-0.27	-0.37	-0.35	0.59	-0.81	0.78	-0.3	0.76	0.09	-0.36	-0.3		-0.41	0.22	0.22	0.35	0.24	-0.24	-0.35	-0.3
Other Current Liab	0.88	0.97	0.83	-0.88	0.96	0.85	0.9	0.8	0.97	0.02	0.57	-0.27	0.91	-0.2	0.06	0.36	0.91	-0.41		0.52	0.52	0.33	-0.77	0.87	0.9	0.89
Short Long Term Debt Total	0.6	0.48	0.56	-0.46	0.48	0.55	0.56	0.31	0.48	0.59	-0.22	0.46	0.56	0.5	0.22	0.29	0.56	0.22	0.52		1.0	0.63	-0.35	0.55	0.47	0.56
Short Term Debt	0.6	0.48	0.56	-0.46	0.48	0.55	0.56	0.31	0.48	0.59	-0.22	0.46	0.56	0.5	0.22	0.29	0.56	0.22	0.52	1.0		0.63	-0.35	0.55	0.47	0.56
Current Deferred Revenue	0.47	0.32	0.45	-0.42	0.38	0.42	0.45	0.36	0.32	0.45	-0.16	0.32	0.43	0.34	0.48	0.35	0.43	0.35	0.33	0.63	0.63		-0.08	0.43	0.37	0.44
Short Term Investments	-0.64	-0.86	-0.59	0.63	-0.77	-0.66	-0.7	-0.67	-0.85	0.05	-0.52	0.23	-0.68	0.14	0.14	-0.17	-0.68	0.24	-0.77	-0.35	-0.35	-0.08		-0.67	-0.71	-0.67
Net Tangible Assets	0.99	0.85	0.99	-0.98	0.85	0.99	0.98	0.89	0.86	0.37	0.31	0.02	0.99	0.09	0.12	0.65	0.99	-0.24	0.87	0.55	0.55	0.43	-0.67		0.99	1.0
Common Stock	0.98	0.88	0.97	-0.99	0.88	0.98	0.98	0.93	0.9	0.23	0.44	-0.12	0.99	-0.05	0.09	0.62	0.99	-0.35	0.9	0.47	0.47	0.37	-0.71	0.99		0.99
Property Plant Equipment	0.99	0.86	0.99	-0.98	0.86	0.99	0.97	0.88	0.87	0.34	0.34	-0.02	0.99	0.05	0.12	0.67	0.99	-0.3	0.89	0.56	0.56	0.44	-0.67	1.0	0.99

Click cells to compare fundamentals

Gratomic Account Relationship Matchups

Gratomic fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.6M	10.0M	23.1M	26.7M	27.5M	28.8M
Total Current Liabilities	1.1M	1.3M	827.3K	3.0M	5.0M	5.3M
Total Stockholder Equity	5.9M	6.9M	22.1M	23.1M	21.9M	23.0M
Retained Earnings	(16.9M)	(20.5M)	(77.1M)	(85.3M)	(90.6M)	(86.1M)
Accounts Payable	735.7K	540.2K	476.0K	1.8M	2.1M	2.2M
Net Receivables	262.8K	367.2K	1.0M	993.9K	1.1M	1.2M
Common Stock Shares Outstanding	34.2M	49.5M	144.9M	179.4M	200.3M	210.3M
Liabilities And Stockholders Equity	8.6M	10.0M	23.1M	26.7M	30.7M	32.2M
Other Stockholder Equity	3.2M	3.0M	3.9M	18.2M	20.9M	21.9M
Total Liab	1.2M	1.4M	979.8K	3.6M	5.6M	5.9M
Total Current Assets	407.3K	1.7M	2.4M	1.4M	580.1K	929.5K
Net Debt	(127.1K)	(545.3K)	(682.1K)	218.2K	1.0M	1.1M
Cash	127.1K	1.1M	998.5K	252.0K	52.4K	49.8K
Non Current Assets Total	8.2M	8.2M	20.7M	25.3M	26.9M	28.2M
Cash And Short Term Investments	127.1K	1.1M	998.5K	252.0K	289.8K	275.3K
Property Plant And Equipment Net	8.1M	8.2M	20.5M	25.2M	26.8M	28.2M
Non Currrent Assets Other	7.1M	154.5K	209.4K	47.7K	54.8K	52.1K
Other Current Liab	1.1M	737.4K	510.9K	2.5M	2.9M	3.0M
Accumulated Other Comprehensive Income	3.0M	3.9M	18.2M	19.3M	22.2M	23.3M
Net Tangible Assets	8.7M	5.9M	6.9M	22.1M	25.5M	26.7M
Common Stock	19.8M	23.6M	81.1M	89.1M	102.4M	107.6M
Property Plant Equipment	7.1M	8.1M	8.2M	20.5M	23.6M	24.8M
Net Invested Capital	5.9M	7.5M	22.4M	23.6M	22.9M	15.2M
Net Working Capital	(710.0K)	437.2K	1.6M	(1.6M)	(4.4M)	(4.2M)
Capital Stock	19.8M	23.6M	81.1M	89.1M	92.7M	59.7M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Gratomic Stock Analysis

When running Gratomic's price analysis, check to measure Gratomic'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 Gratomic is operating at the current time. Most of Gratomic's value examination focuses on studying past and present price action to predict the probability of Gratomic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gratomic's price. Additionally, you may evaluate how the addition of Gratomic to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC