Greenvale Income Before Tax vs Ebitda Analysis

GRV Stock

0.03 0 3.03%

Greenvale Energy financial indicator trend analysis is much more than just examining Greenvale Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greenvale Energy is a good investment. Please check the relationship between Greenvale Energy Income Before Tax and its Ebitda accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenvale Energy. 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.

Income Before Tax vs Ebitda

Income Before Tax vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenvale Energy Income Before Tax account and Ebitda. At this time, the significance of the direction appears to have totally related.

The correlation between Greenvale Energy's Income Before Tax and Ebitda is 0.99. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebitda in the same time period over historical financial statements of Greenvale Energy, assuming nothing else is changed. The correlation between historical values of Greenvale Energy's Income Before Tax and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Greenvale Energy are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Income Before Tax i.e., Greenvale Energy's Income Before Tax and Ebitda go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Greenvale Energy income statement and is an important metric when analyzing Greenvale Energy profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Ebitda

Most indicators from Greenvale Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Greenvale Energy 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 Greenvale Energy. 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 1.7 M in 2024, despite the fact that Discontinued Operations is likely to grow to (2 K).

Greenvale Energy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Current Assets
Total Assets		0.59	0.48	0.73	0.98	0.57	0.5	-0.52	-0.91	0.47	0.77	0.85	0.67	0.77	0.63	0.31	0.87	-0.14	-0.38	0.04	0.73	0.71	0.83	0.59	0.96	0.52
Short Long Term Debt Total	0.59		-0.1	0.91	0.44	0.85	0.26	0.26	-0.71	0.32	0.15	0.84	0.39	0.15	0.82	0.24	0.61	-0.25	-0.54	0.06	0.9	0.78	0.12	0.99	0.65	-0.01
Other Current Liab	0.48	-0.1		0.06	0.54	0.1	0.35	-0.28	-0.4	0.14	0.23	0.3	0.42	0.23	0.04	-0.06	0.34	0.12	-0.1	0.15	0.09	0.28	0.51	-0.11	0.42	0.85
Total Current Liabilities	0.73	0.91	0.06		0.58	0.76	0.57	0.1	-0.88	0.52	0.31	0.87	0.61	0.31	0.91	0.4	0.83	-0.15	-0.63	0.0	0.99	0.71	0.34	0.9	0.81	0.24
Total Stockholder Equity	0.98	0.44	0.54	0.58		0.46	0.42	-0.65	-0.83	0.39	0.83	0.76	0.62	0.83	0.49	0.28	0.81	-0.17	-0.28	0.04	0.58	0.65	0.89	0.45	0.91	0.54
Property Plant And Equipment Net	0.57	0.85	0.1	0.76	0.46		0.12	0.28	-0.7	0.41	0.02	0.91	0.55	0.02	0.81	0.23	0.53	-0.24	-0.69	0.06	0.76	0.83	0.01	0.85	0.67	0.04
Current Deferred Revenue	0.5	0.26	0.35	0.57	0.42	0.12		-0.14	-0.53	0.28	0.34	0.37	0.49	0.34	0.48	0.04	0.62	0.25	-0.32	0.37	0.62	0.05	0.46	0.21	0.46	0.44
Net Debt	-0.52	0.26	-0.28	0.1	-0.65	0.28	-0.14		0.19	-0.03	-0.9	-0.05	-0.14	-0.9	0.19	-0.08	-0.3	0.04	-0.29	-0.01	0.11	0.03	-0.85	0.25	-0.35	-0.24
Retained Earnings	-0.91	-0.71	-0.4	-0.88	-0.83	-0.7	-0.53	0.19		-0.68	-0.5	-0.9	-0.78	-0.5	-0.83	-0.49	-0.92	0.12	0.62	0.15	-0.86	-0.78	-0.61	-0.72	-0.98	-0.55
Accounts Payable	0.47	0.32	0.14	0.52	0.39	0.41	0.28	-0.03	-0.68		0.18	0.52	0.66	0.18	0.61	0.37	0.49	0.33	-0.52	-0.47	0.51	0.43	0.25	0.33	0.65	0.32
Cash	0.77	0.15	0.23	0.31	0.83	0.02	0.34	-0.9	-0.5	0.18		0.37	0.33	1.0	0.18	0.19	0.59	-0.11	0.05	0.06	0.3	0.27	0.93	0.16	0.63	0.26
Non Current Assets Total	0.85	0.84	0.3	0.87	0.76	0.91	0.37	-0.05	-0.9	0.52	0.37		0.68	0.37	0.84	0.27	0.76	-0.15	-0.63	0.07	0.87	0.86	0.4	0.84	0.9	0.29
Non Currrent Assets Other	0.67	0.39	0.42	0.61	0.62	0.55	0.49	-0.14	-0.78	0.66	0.33	0.68		0.33	0.81	0.4	0.78	-0.05	-0.86	0.03	0.61	0.67	0.41	0.39	0.77	0.48
Cash And Short Term Investments	0.77	0.15	0.23	0.31	0.83	0.02	0.34	-0.9	-0.5	0.18	1.0	0.37	0.33		0.18	0.19	0.59	-0.11	0.05	0.06	0.3	0.27	0.93	0.16	0.63	0.26
Net Receivables	0.63	0.82	0.04	0.91	0.49	0.81	0.48	0.19	-0.83	0.61	0.18	0.84	0.81	0.18		0.45	0.79	-0.17	-0.89	0.01	0.9	0.76	0.18	0.82	0.76	0.18
Common Stock Total Equity	0.31	0.24	-0.06	0.4	0.28	0.23	0.04	-0.08	-0.49	0.37	0.19	0.27	0.4	0.19	0.45		0.62	-0.64	-0.44	-0.69	0.29	0.34	0.24	0.33	0.46	0.34
Common Stock Shares Outstanding	0.87	0.61	0.34	0.83	0.81	0.53	0.62	-0.3	-0.92	0.49	0.59	0.76	0.78	0.59	0.79	0.62		-0.33	-0.62	-0.09	0.8	0.67	0.68	0.63	0.91	0.57
Non Current Liabilities Total	-0.14	-0.25	0.12	-0.15	-0.17	-0.24	0.25	0.04	0.12	0.33	-0.11	-0.15	-0.05	-0.11	-0.17	-0.64	-0.33		0.22	0.19	-0.06	-0.34	-0.07	-0.32	-0.15	-0.05
Inventory	-0.38	-0.54	-0.1	-0.63	-0.28	-0.69	-0.32	-0.29	0.62	-0.52	0.05	-0.63	-0.86	0.05	-0.89	-0.44	-0.62	0.22		-0.04	-0.62	-0.66	0.03	-0.55	-0.55	-0.18
Other Stockholder Equity	0.04	0.06	0.15	0.0	0.04	0.06	0.37	-0.01	0.15	-0.47	0.06	0.07	0.03	0.06	0.01	-0.69	-0.09	0.19	-0.04		0.1	-0.06	0.0	-0.02	-0.14	-0.21
Total Liab	0.73	0.9	0.09	0.99	0.58	0.76	0.62	0.11	-0.86	0.51	0.3	0.87	0.61	0.3	0.9	0.29	0.8	-0.06	-0.62	0.1		0.69	0.33	0.88	0.79	0.22
Property Plant And Equipment Gross	0.71	0.78	0.28	0.71	0.65	0.83	0.05	0.03	-0.78	0.43	0.27	0.86	0.67	0.27	0.76	0.34	0.67	-0.34	-0.66	-0.06	0.69		0.31	0.8	0.78	0.3
Total Current Assets	0.83	0.12	0.51	0.34	0.89	0.01	0.46	-0.85	-0.61	0.25	0.93	0.4	0.41	0.93	0.18	0.24	0.68	-0.07	0.03	0.0	0.33	0.31		0.13	0.7	0.58
Short Term Debt	0.59	0.99	-0.11	0.9	0.45	0.85	0.21	0.25	-0.72	0.33	0.16	0.84	0.39	0.16	0.82	0.33	0.63	-0.32	-0.55	-0.02	0.88	0.8	0.13		0.66	0.01
Common Stock	0.96	0.65	0.42	0.81	0.91	0.67	0.46	-0.35	-0.98	0.65	0.63	0.9	0.77	0.63	0.76	0.46	0.91	-0.15	-0.55	-0.14	0.79	0.78	0.7	0.66		0.53
Other Current Assets	0.52	-0.01	0.85	0.24	0.54	0.04	0.44	-0.24	-0.55	0.32	0.26	0.29	0.48	0.26	0.18	0.34	0.57	-0.05	-0.18	-0.21	0.22	0.3	0.58	0.01	0.53

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Greenvale Energy Account Relationship Matchups

Greenvale Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.0M	13.6M	13.6M	14.6M	11.5M	12.1M
Total Current Liabilities	604.0K	308.9K	819.0K	4.1M	3.2M	3.4M
Total Stockholder Equity	1.8M	13.3M	12.7M	10.4M	8.3M	8.7M
Property Plant And Equipment Net	660.0	71.9K	281.3K	5.1M	7.2M	7.6M
Net Debt	(89.6K)	(9.9M)	(4.2M)	(1.3M)	1.1M	1.2M
Retained Earnings	(11.5M)	(12.6M)	(19.8M)	(23.6M)	(26.5M)	(25.2M)
Accounts Payable	604.0K	208.0K	116.2K	145.5K	391.1K	410.7K
Cash	89.6K	9.9M	4.3M	5.2M	1.5M	1.3M
Non Current Assets Total	1.5M	3.5M	4.2M	8.5M	8.8M	9.3M
Non Currrent Assets Other	1.5M	3.5M	3.7M	(8.5K)	7.1M	7.4M
Cash And Short Term Investments	89.6K	9.9M	4.3M	5.2M	1.5M	1.3M
Net Receivables	132.7K	130.4K	75.7K	616.2K	1.0M	1.1M
Common Stock Shares Outstanding	121.2M	311.1M	396.6M	416.3M	438.7M	460.6M
Liabilities And Stockholders Equity	3.0M	13.6M	13.6M	14.6M	11.5M	12.1M
Inventory	(15.8K)	32.5K	0.0	74.7K	(1.0M)	(989.2K)
Other Stockholder Equity	(1.4M)	(11.8K)	(5.9K)	(5.2K)	(1.0)	(0.95)
Total Liab	604.0K	308.9K	884.7K	4.2M	3.2M	3.4M
Property Plant And Equipment Gross	1.5M	3.5M	4.3M	5.2M	7.4M	7.8M
Total Current Assets	1.4M	10.0M	9.4M	6.1M	2.7M	1.8M
Accumulated Other Comprehensive Income	0.0	1.4M	6.9M	5.3M	4.6M	4.8M
Common Stock	13.3M	24.4M	25.7M	28.8M	30.2M	31.7M
Other Current Assets	1.2M	50.6K	5.0M	270.7K	1.2M	1.2M
Property Plant Equipment	1.5M	3.5M	4.2M	5.1M	5.9M	6.2M
Net Tangible Assets	1.8M	13.3M	12.7M	10.2M	11.7M	6.1M
Net Invested Capital	1.8M	13.3M	12.7M	14.2M	10.9M	8.2M
Net Working Capital	825.8K	9.7M	8.6M	2.0M	(535.2K)	(508.4K)
Capital Stock	13.3M	24.4M	25.7M	28.8M	30.2M	24.8M

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