Greenroc Other Current Assets vs Other Liab 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 Other Current Assets and its Other Liab 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.
Other Current Assets vs Other Liab
Other Current Assets vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenroc Mining PLC Other Current Assets account and Other Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Greenroc Mining's Other Current Assets and Other Liab is -0.8. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Other Liab 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 Other Current Assets and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Greenroc Mining PLC are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Other Current Assets i.e., Greenroc Mining's Other Current Assets and Other Liab go up and down completely randomly.
Correlation Coefficient | -0.8 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Other Liab
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
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Greenroc Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Greenroc Mining fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4M | 11.6M | 10.3M | 10.4M | 12.0M | 6.6M | |
Total Stockholder Equity | 1.4M | 10.1M | 9.0M | 9.0M | 10.4M | 5.9M | |
Retained Earnings | (78.8K) | (306K) | (1.5M) | (3.2M) | (2.9M) | (2.7M) | |
Intangible Assets | 1.4M | 8.3M | 10.2M | 9.8M | 11.3M | 5.9M | |
Common Stock | 1.4M | 1.5M | 111K | 215K | 193.5K | 183.8K |
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When running Greenroc Mining's price analysis, check to measure Greenroc Mining'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 Greenroc Mining is operating at the current time. Most of Greenroc Mining's value examination focuses on studying past and present price action to predict the probability of Greenroc Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenroc Mining's price. Additionally, you may evaluate how the addition of Greenroc Mining to your portfolios can decrease your overall portfolio volatility.