GRFX Stock | | | USD 0.20 0.01 5.26% |
Graphex Group financial indicator trend analysis is much more than just examining Graphex Group Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Graphex Group Limited is a good investment. Please check the relationship between Graphex Group Total Liab and its Long Term Debt accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Graphex Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Total Liab vs Long Term Debt
Total Liab vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Graphex Group Limited Total Liab account and
Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Graphex Group's Total Liab and Long Term Debt is 0.94. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Graphex Group Limited, assuming nothing else is changed. The correlation between historical values of Graphex Group's Total Liab and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Graphex Group Limited are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Liab i.e., Graphex Group's Total Liab and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Long Term Debt
Long-term debt is a debt that Graphex Group Limited has held for over one year. Long-term debt appears on Graphex Group Limited balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Graphex Group Limited balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Graphex Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Graphex Group Limited 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 Graphex Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
At this time, Graphex Group's
Issuance Of Capital Stock is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 702.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 127.8
M in 2024.
Graphex Group fundamental ratios Correlations
Click cells to compare fundamentals
Graphex Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Graphex Group fundamental ratios Accounts
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Additional Tools for Graphex Stock Analysis
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measure Graphex Group'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 Graphex Group is operating at the current time. Most of Graphex Group's value examination focuses on studying past and present price action to
predict the probability of Graphex Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Graphex Group's price. Additionally, you may evaluate how the addition of Graphex Group to your portfolios can decrease your overall portfolio volatility.