Greentech Capital Expenditures vs Change To Account Receivables Analysis

GRE Stock   0.09  0.01  8.60%   
Greentech Metals financial indicator trend analysis is much more than just examining Greentech Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greentech Metals is a good investment. Please check the relationship between Greentech Metals Capital Expenditures and its Change To Account Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greentech Metals. 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.

Capital Expenditures vs Change To Account Receivables

Capital Expenditures vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greentech Metals Capital Expenditures account and Change To Account Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Greentech Metals' Capital Expenditures and Change To Account Receivables is -0.42. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Greentech Metals, assuming nothing else is changed. The correlation between historical values of Greentech Metals' Capital Expenditures and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Greentech Metals are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Capital Expenditures i.e., Greentech Metals' Capital Expenditures and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

-0.42
Relationship DirectionNegative 
Relationship StrengthVery Weak

Capital Expenditures

Capital Expenditures are funds used by Greentech Metals to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Greentech Metals operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Change To Account Receivables

Most indicators from Greentech Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Greentech Metals 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 Greentech Metals. 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 gain to about 328.6 K in 2024. Issuance Of Capital Stock is likely to gain to about 2.8 M in 2024
 2010 2022 2023 2024 (projected)
Reconciled Depreciation1.8K6.2K7.2K4.4K
Cost Of Revenue1.8K6.2K7.6K5.7K

Greentech Metals fundamental ratios Correlations

-0.890.230.891.00.840.89-0.76-0.990.860.760.760.980.60.840.890.77-0.870.880.880.87-0.890.93-0.890.870.9
-0.89-0.13-0.61-0.89-0.52-0.80.480.89-0.6-0.47-0.47-0.89-0.57-0.54-0.61-0.480.61-0.59-0.94-0.731.0-0.781.0-0.65-0.7
0.23-0.130.260.230.370.01-0.25-0.25-0.010.250.250.030.170.250.260.25-0.380.4-0.090.09-0.130.29-0.130.510.43
0.89-0.610.260.890.990.71-0.95-0.860.960.950.950.880.360.991.00.95-0.980.990.610.74-0.610.8-0.610.820.82
1.0-0.890.230.890.840.89-0.76-0.990.860.750.750.980.610.830.890.76-0.870.880.880.87-0.890.93-0.890.870.9
0.84-0.520.370.990.840.65-0.95-0.810.920.950.950.80.340.980.990.95-0.981.00.510.7-0.520.78-0.520.840.82
0.89-0.80.010.710.890.65-0.48-0.920.730.470.470.880.860.620.710.49-0.620.690.930.99-0.80.96-0.80.840.89
-0.760.48-0.25-0.95-0.76-0.95-0.480.7-0.91-1.0-1.0-0.76-0.06-0.98-0.95-1.00.97-0.93-0.42-0.50.48-0.590.48-0.63-0.62
-0.990.89-0.25-0.86-0.99-0.81-0.920.7-0.82-0.69-0.69-0.96-0.69-0.79-0.86-0.70.83-0.85-0.9-0.910.89-0.960.89-0.9-0.93
0.86-0.6-0.010.960.860.920.73-0.91-0.820.910.910.90.330.960.960.92-0.910.910.660.74-0.60.75-0.60.70.73
0.76-0.470.250.950.750.950.47-1.0-0.690.911.00.760.050.980.951.0-0.970.930.410.49-0.470.58-0.470.630.62
0.76-0.470.250.950.750.950.47-1.0-0.690.911.00.760.050.980.951.0-0.970.930.410.49-0.470.58-0.470.630.62
0.98-0.890.030.880.980.80.88-0.76-0.960.90.760.760.530.830.880.77-0.840.830.910.85-0.890.87-0.890.760.81
0.6-0.570.170.360.610.340.86-0.06-0.690.330.050.050.530.240.360.07-0.270.390.730.88-0.570.84-0.570.770.8
0.84-0.540.250.990.830.980.62-0.98-0.790.960.980.980.830.240.990.98-0.980.980.530.65-0.540.72-0.540.750.75
0.89-0.610.261.00.890.990.71-0.95-0.860.960.950.950.880.360.990.95-0.980.990.610.74-0.610.8-0.610.820.82
0.77-0.480.250.950.760.950.49-1.0-0.70.921.01.00.770.070.980.95-0.970.940.430.51-0.480.6-0.480.640.63
-0.870.61-0.38-0.98-0.87-0.98-0.620.970.83-0.91-0.97-0.97-0.84-0.27-0.98-0.98-0.97-0.99-0.55-0.650.61-0.750.61-0.79-0.78
0.88-0.590.40.990.881.00.69-0.93-0.850.910.930.930.830.390.980.990.94-0.990.570.73-0.590.81-0.590.870.86
0.88-0.94-0.090.610.880.510.93-0.42-0.90.660.410.410.910.730.530.610.43-0.550.570.87-0.940.85-0.940.680.75
0.87-0.730.090.740.870.70.99-0.5-0.910.740.490.490.850.880.650.740.51-0.650.730.87-0.730.97-0.730.890.93
-0.891.0-0.13-0.61-0.89-0.52-0.80.480.89-0.6-0.47-0.47-0.89-0.57-0.54-0.61-0.480.61-0.59-0.94-0.73-0.781.0-0.65-0.7
0.93-0.780.290.80.930.780.96-0.59-0.960.750.580.580.870.840.720.80.6-0.750.810.850.97-0.78-0.780.960.98
-0.891.0-0.13-0.61-0.89-0.52-0.80.480.89-0.6-0.47-0.47-0.89-0.57-0.54-0.61-0.480.61-0.59-0.94-0.731.0-0.78-0.65-0.7
0.87-0.650.510.820.870.840.84-0.63-0.90.70.630.630.760.770.750.820.64-0.790.870.680.89-0.650.96-0.650.99
0.9-0.70.430.820.90.820.89-0.62-0.930.730.620.620.810.80.750.820.63-0.780.860.750.93-0.70.98-0.70.99
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Greentech Metals Account Relationship Matchups

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