Greenroc Total Assets vs Net Debt 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 Total Assets and its Net Debt 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.
Total Assets vs Net Debt
Total Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenroc Mining PLC Total Assets account and Net Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Greenroc Mining's Total Assets and Net Debt is 0.78. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt 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 Total Assets and Net 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 Assets of Greenroc Mining PLC are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Assets i.e., Greenroc Mining's Total Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.78 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Greenroc Mining assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Greenroc Mining PLC books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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
Click cells to compare fundamentals
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.