Greentech Net Income vs Change In Cash 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 Net Income and its Change In Cash 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.
Net Income vs Change In Cash
Net Income vs Change In Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greentech Metals Net Income account and Change In Cash. At this time, the significance of the direction appears to have no relationship.
The correlation between Greentech Metals' Net Income and Change In Cash is 0.06. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change In Cash 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' Net Income and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Greentech Metals are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Net Income i.e., Greentech Metals' Net Income and Change In Cash go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Greentech Metals financial statement analysis. It represents the amount of money remaining after all of Greentech Metals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Change In Cash
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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Additional Tools for Greentech Stock Analysis
When running Greentech Metals' price analysis, check to measure Greentech Metals' 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 Greentech Metals is operating at the current time. Most of Greentech Metals' value examination focuses on studying past and present price action to predict the probability of Greentech Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greentech Metals' price. Additionally, you may evaluate how the addition of Greentech Metals to your portfolios can decrease your overall portfolio volatility.