Greentech End Period Cash Flow vs Depreciation 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 End Period Cash Flow and its Depreciation 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.
End Period Cash Flow vs Depreciation
End Period Cash Flow vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greentech Metals End Period Cash Flow account and Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Greentech Metals' End Period Cash Flow and Depreciation is 0.63. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Depreciation 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' End Period Cash Flow and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Greentech Metals are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of End Period Cash Flow i.e., Greentech Metals' End Period Cash Flow and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
End Period Cash Flow
Depreciation
Depreciation indicates how much of Greentech Metals value has been used up. For tax purposes Greentech Metals can deduct the cost of the tangible assets it purchases as business expenses. However, Greentech Metals must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.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 Depreciation | 1.8K | 6.2K | 7.2K | 4.4K | Cost Of Revenue | 1.8K | 6.2K | 7.6K | 5.7K |
Greentech Metals fundamental ratios Correlations
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Greentech Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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