Greentech Net Tangible Assets vs Long Term Investments 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 Tangible Assets and its Long Term Investments 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 Tangible Assets vs Long Term Investments

Net Tangible Assets vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greentech Metals Net Tangible Assets account and Long Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Greentech Metals' Net Tangible Assets and Long Term Investments is -0.52. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Long Term Investments 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 Tangible Assets and Long Term Investments 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 Tangible Assets of Greentech Metals are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Tangible Assets i.e., Greentech Metals' Net Tangible Assets and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.52

Relationship Direction	Negative
Relationship Strength	Very Weak

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Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Long Term Investments

Long Term Investments is an item on the asset side of Greentech Metals balance sheet that represents investments Greentech Metals intends to hold for over a year. Greentech Metals long term investments may include different instruments such as stocks, bonds, real estate and 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

Reconciled Depreciation Cost Of Revenue

Greentech Metals fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Property Plant And Equipment Net	Non Current Assets Total	Other Stockholder Equity	Net Invested Capital	Long Term Investments	Property Plant And Equipment Gross	Capital Stock
Total Assets		-0.89	0.23	0.89	1.0	0.84	0.89	-0.76	-0.99	0.86	0.76	0.76	0.98	0.6	0.84	0.89	0.77	-0.87	0.88	0.88	0.87	-0.89	0.93	-0.89	0.87	0.9
Short Long Term Debt Total	-0.89		-0.13	-0.61	-0.89	-0.52	-0.8	0.48	0.89	-0.6	-0.47	-0.47	-0.89	-0.57	-0.54	-0.61	-0.48	0.61	-0.59	-0.94	-0.73	1.0	-0.78	1.0	-0.65	-0.7
Other Current Liab	0.23	-0.13		0.26	0.23	0.37	0.01	-0.25	-0.25	-0.01	0.25	0.25	0.03	0.17	0.25	0.26	0.25	-0.38	0.4	-0.09	0.09	-0.13	0.29	-0.13	0.51	0.43
Total Current Liabilities	0.89	-0.61	0.26		0.89	0.99	0.71	-0.95	-0.86	0.96	0.95	0.95	0.88	0.36	0.99	1.0	0.95	-0.98	0.99	0.61	0.74	-0.61	0.8	-0.61	0.82	0.82
Total Stockholder Equity	1.0	-0.89	0.23	0.89		0.84	0.89	-0.76	-0.99	0.86	0.75	0.75	0.98	0.61	0.83	0.89	0.76	-0.87	0.88	0.88	0.87	-0.89	0.93	-0.89	0.87	0.9
Net Tangible Assets	0.84	-0.52	0.37	0.99	0.84		0.65	-0.95	-0.81	0.92	0.95	0.95	0.8	0.34	0.98	0.99	0.95	-0.98	1.0	0.51	0.7	-0.52	0.78	-0.52	0.84	0.82
Current Deferred Revenue	0.89	-0.8	0.01	0.71	0.89	0.65		-0.48	-0.92	0.73	0.47	0.47	0.88	0.86	0.62	0.71	0.49	-0.62	0.69	0.93	0.99	-0.8	0.96	-0.8	0.84	0.89
Net Debt	-0.76	0.48	-0.25	-0.95	-0.76	-0.95	-0.48		0.7	-0.91	-1.0	-1.0	-0.76	-0.06	-0.98	-0.95	-1.0	0.97	-0.93	-0.42	-0.5	0.48	-0.59	0.48	-0.63	-0.62
Retained Earnings	-0.99	0.89	-0.25	-0.86	-0.99	-0.81	-0.92	0.7		-0.82	-0.69	-0.69	-0.96	-0.69	-0.79	-0.86	-0.7	0.83	-0.85	-0.9	-0.91	0.89	-0.96	0.89	-0.9	-0.93
Accounts Payable	0.86	-0.6	-0.01	0.96	0.86	0.92	0.73	-0.91	-0.82		0.91	0.91	0.9	0.33	0.96	0.96	0.92	-0.91	0.91	0.66	0.74	-0.6	0.75	-0.6	0.7	0.73
Cash	0.76	-0.47	0.25	0.95	0.75	0.95	0.47	-1.0	-0.69	0.91		1.0	0.76	0.05	0.98	0.95	1.0	-0.97	0.93	0.41	0.49	-0.47	0.58	-0.47	0.63	0.62
Cash And Short Term Investments	0.76	-0.47	0.25	0.95	0.75	0.95	0.47	-1.0	-0.69	0.91	1.0		0.76	0.05	0.98	0.95	1.0	-0.97	0.93	0.41	0.49	-0.47	0.58	-0.47	0.63	0.62
Net Receivables	0.98	-0.89	0.03	0.88	0.98	0.8	0.88	-0.76	-0.96	0.9	0.76	0.76		0.53	0.83	0.88	0.77	-0.84	0.83	0.91	0.85	-0.89	0.87	-0.89	0.76	0.81
Common Stock Shares Outstanding	0.6	-0.57	0.17	0.36	0.61	0.34	0.86	-0.06	-0.69	0.33	0.05	0.05	0.53		0.24	0.36	0.07	-0.27	0.39	0.73	0.88	-0.57	0.84	-0.57	0.77	0.8
Other Current Assets	0.84	-0.54	0.25	0.99	0.83	0.98	0.62	-0.98	-0.79	0.96	0.98	0.98	0.83	0.24		0.99	0.98	-0.98	0.98	0.53	0.65	-0.54	0.72	-0.54	0.75	0.75
Total Liab	0.89	-0.61	0.26	1.0	0.89	0.99	0.71	-0.95	-0.86	0.96	0.95	0.95	0.88	0.36	0.99		0.95	-0.98	0.99	0.61	0.74	-0.61	0.8	-0.61	0.82	0.82
Total Current Assets	0.77	-0.48	0.25	0.95	0.76	0.95	0.49	-1.0	-0.7	0.92	1.0	1.0	0.77	0.07	0.98	0.95		-0.97	0.94	0.43	0.51	-0.48	0.6	-0.48	0.64	0.63
Short Term Debt	-0.87	0.61	-0.38	-0.98	-0.87	-0.98	-0.62	0.97	0.83	-0.91	-0.97	-0.97	-0.84	-0.27	-0.98	-0.98	-0.97		-0.99	-0.55	-0.65	0.61	-0.75	0.61	-0.79	-0.78
Common Stock	0.88	-0.59	0.4	0.99	0.88	1.0	0.69	-0.93	-0.85	0.91	0.93	0.93	0.83	0.39	0.98	0.99	0.94	-0.99		0.57	0.73	-0.59	0.81	-0.59	0.87	0.86
Property Plant And Equipment Net	0.88	-0.94	-0.09	0.61	0.88	0.51	0.93	-0.42	-0.9	0.66	0.41	0.41	0.91	0.73	0.53	0.61	0.43	-0.55	0.57		0.87	-0.94	0.85	-0.94	0.68	0.75
Non Current Assets Total	0.87	-0.73	0.09	0.74	0.87	0.7	0.99	-0.5	-0.91	0.74	0.49	0.49	0.85	0.88	0.65	0.74	0.51	-0.65	0.73	0.87		-0.73	0.97	-0.73	0.89	0.93
Other Stockholder Equity	-0.89	1.0	-0.13	-0.61	-0.89	-0.52	-0.8	0.48	0.89	-0.6	-0.47	-0.47	-0.89	-0.57	-0.54	-0.61	-0.48	0.61	-0.59	-0.94	-0.73		-0.78	1.0	-0.65	-0.7
Net Invested Capital	0.93	-0.78	0.29	0.8	0.93	0.78	0.96	-0.59	-0.96	0.75	0.58	0.58	0.87	0.84	0.72	0.8	0.6	-0.75	0.81	0.85	0.97	-0.78		-0.78	0.96	0.98
Long Term Investments	-0.89	1.0	-0.13	-0.61	-0.89	-0.52	-0.8	0.48	0.89	-0.6	-0.47	-0.47	-0.89	-0.57	-0.54	-0.61	-0.48	0.61	-0.59	-0.94	-0.73	1.0	-0.78		-0.65	-0.7
Property Plant And Equipment Gross	0.87	-0.65	0.51	0.82	0.87	0.84	0.84	-0.63	-0.9	0.7	0.63	0.63	0.76	0.77	0.75	0.82	0.64	-0.79	0.87	0.68	0.89	-0.65	0.96	-0.65		0.99
Capital Stock	0.9	-0.7	0.43	0.82	0.9	0.82	0.89	-0.62	-0.93	0.73	0.62	0.62	0.81	0.8	0.75	0.82	0.63	-0.78	0.86	0.75	0.93	-0.7	0.98	-0.7	0.99

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Greentech Net Tangible Assets vs Long Term Investments Analysis

Net Tangible Assets vs Long Term Investments

Net Tangible Assets vs Long Term Investments Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Long Term Investments

Greentech Metals fundamental ratios Correlations

Greentech Metals Account Relationship Matchups

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Total Stockholder Equity	+ 1.0	Total Assets
Other Stockholder Equity	+ 1.0	Short Long Term Debt Total
Long Term Investments	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Total Current Liabilities
Common Stock	+ 1.0	Net Tangible Assets
Cash And Short Term Investments	+ 1.0	Cash

Total Current Assets	- 1.0	Net Debt
Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Common Stock	- 0.99	Short Term Debt
Retained Earnings	- 0.99	Total Stockholder Equity
Retained Earnings	- 0.99	Total Assets