Greenvale Other Current Assets vs Cash And Short Term Investments 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 Other Current Assets and its Cash And Short Term Investments 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.

Other Current Assets vs Cash And Short Term Investments

Other Current Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenvale Energy Other Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very week relationship.

The correlation between Greenvale Energy's Other Current Assets and Cash And Short Term Investments is 0.26. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash And Short Term Investments 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 Other Current Assets and Cash And Short Term Investments 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 Greenvale Energy are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Current Assets i.e., Greenvale Energy's Other Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.26

Relationship Direction	Positive
Relationship Strength	Very Weak

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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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Greenvale Energy balance sheet. This account contains Greenvale Energy investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Greenvale Energy fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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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