Greenroc Common Stock Shares Outstanding vs Retained Earnings Analysis

GROC Stock   1.60  0.00  0.00%   
Greenroc Mining financial indicator trend analysis is much more than just examining Greenroc Mining PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greenroc Mining PLC is a good investment. Please check the relationship between Greenroc Mining Common Stock Shares Outstanding and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenroc Mining PLC. 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.

Common Stock Shares Outstanding vs Retained Earnings

Common Stock Shares Outstanding vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenroc Mining PLC Common Stock Shares Outstanding account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Greenroc Mining's Common Stock Shares Outstanding and Retained Earnings is -0.88. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Greenroc Mining PLC, assuming nothing else is changed. The correlation between historical values of Greenroc Mining's Common Stock Shares Outstanding and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Greenroc Mining PLC are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock Shares Outstanding i.e., Greenroc Mining's Common Stock Shares Outstanding and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.88
Relationship DirectionNegative 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Greenroc Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Greenroc Mining PLC 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 Greenroc Mining PLC. 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.
Issuance Of Capital Stock is likely to gain to about 2.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 325.1 K in 2024.

Greenroc Mining fundamental ratios Correlations

1.0-0.770.52-0.360.660.99-0.96-0.780.8-0.75-0.36-0.780.770.78-0.78-0.780.77-0.70.580.65-0.360.780.580.64-0.65
1.0-0.770.52-0.360.660.99-0.96-0.780.8-0.75-0.36-0.780.770.78-0.78-0.780.77-0.70.580.65-0.360.780.580.64-0.65
-0.77-0.770.020.65-0.21-0.830.810.96-0.960.90.650.95-0.93-0.950.910.95-0.930.8-0.91-0.880.65-0.95-0.91-0.870.88
0.520.520.020.040.970.38-0.480.08-0.080.080.040.08-0.07-0.080.080.08-0.070.08-0.05-0.050.04-0.08-0.05-0.050.07
-0.36-0.360.650.04-0.16-0.370.50.61-0.560.651.00.59-0.68-0.610.560.61-0.680.33-0.8-0.651.0-0.59-0.8-0.670.87
0.660.66-0.210.97-0.160.53-0.63-0.120.13-0.11-0.16-0.120.130.12-0.11-0.120.13-0.060.190.17-0.160.120.190.17-0.14
0.990.99-0.830.38-0.370.53-0.95-0.850.88-0.82-0.37-0.860.840.85-0.86-0.850.84-0.780.610.7-0.370.860.610.69-0.7
-0.96-0.960.81-0.480.5-0.63-0.950.83-0.810.830.50.83-0.8-0.830.830.83-0.80.77-0.63-0.620.5-0.83-0.63-0.620.76
-0.78-0.780.960.080.61-0.12-0.850.83-0.980.980.611.0-0.96-1.00.991.0-0.960.91-0.78-0.770.61-1.0-0.78-0.760.92
0.80.8-0.96-0.08-0.560.130.88-0.81-0.98-0.94-0.56-0.980.980.98-0.97-0.980.98-0.840.80.86-0.560.980.80.85-0.87
-0.75-0.750.90.080.65-0.11-0.820.830.98-0.940.650.98-0.95-0.980.990.98-0.950.9-0.71-0.70.65-0.98-0.71-0.70.94
-0.36-0.360.650.041.0-0.16-0.370.50.61-0.560.650.59-0.68-0.610.560.61-0.680.33-0.8-0.651.0-0.59-0.8-0.670.87
-0.78-0.780.950.080.59-0.12-0.860.831.0-0.980.980.59-0.95-1.00.991.0-0.950.92-0.77-0.760.59-1.0-0.77-0.750.9
0.770.77-0.93-0.07-0.680.130.84-0.8-0.960.98-0.95-0.68-0.950.96-0.95-0.961.0-0.770.810.87-0.680.950.810.87-0.93
0.780.78-0.95-0.08-0.610.120.85-0.83-1.00.98-0.98-0.61-1.00.96-0.99-1.00.96-0.910.780.76-0.611.00.780.76-0.91
-0.78-0.780.910.080.56-0.11-0.860.830.99-0.970.990.560.99-0.95-0.990.99-0.950.93-0.7-0.710.56-0.99-0.7-0.710.9
-0.78-0.780.950.080.61-0.12-0.850.831.0-0.980.980.611.0-0.96-1.00.99-0.960.91-0.78-0.770.61-1.0-0.78-0.760.92
0.770.77-0.93-0.07-0.680.130.84-0.8-0.960.98-0.95-0.68-0.951.00.96-0.95-0.96-0.770.810.87-0.680.950.810.87-0.93
-0.7-0.70.80.080.33-0.06-0.780.770.91-0.840.90.330.92-0.77-0.910.930.91-0.77-0.51-0.460.33-0.92-0.51-0.450.74
0.580.58-0.91-0.05-0.80.190.61-0.63-0.780.8-0.71-0.8-0.770.810.78-0.7-0.780.81-0.510.92-0.80.771.00.92-0.82
0.650.65-0.88-0.05-0.650.170.7-0.62-0.770.86-0.7-0.65-0.760.870.76-0.71-0.770.87-0.460.92-0.650.760.921.0-0.74
-0.36-0.360.650.041.0-0.16-0.370.50.61-0.560.651.00.59-0.68-0.610.560.61-0.680.33-0.8-0.65-0.59-0.8-0.670.87
0.780.78-0.95-0.08-0.590.120.86-0.83-1.00.98-0.98-0.59-1.00.951.0-0.99-1.00.95-0.920.770.76-0.590.770.75-0.9
0.580.58-0.91-0.05-0.80.190.61-0.63-0.780.8-0.71-0.8-0.770.810.78-0.7-0.780.81-0.511.00.92-0.80.770.92-0.82
0.640.64-0.87-0.05-0.670.170.69-0.62-0.760.85-0.7-0.67-0.750.870.76-0.71-0.760.87-0.450.921.0-0.670.750.92-0.76
-0.65-0.650.880.070.87-0.14-0.70.760.92-0.870.940.870.9-0.93-0.910.90.92-0.930.74-0.82-0.740.87-0.9-0.82-0.76
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Greenroc Mining Account Relationship Matchups

Greenroc Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4M11.6M10.3M10.4M12.0M6.6M
Total Stockholder Equity1.4M10.1M9.0M9.0M10.4M5.9M
Retained Earnings(78.8K)(306K)(1.5M)(3.2M)(2.9M)(2.7M)
Intangible Assets1.4M8.3M10.2M9.8M11.3M5.9M
Common Stock1.4M1.5M111K215K193.5K183.8K

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