Greenvale Research Development vs Depreciation And Amortization 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 Research Development and its Depreciation And Amortization 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.
Research Development vs Depreciation And Amortization
Research Development vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenvale Energy Research Development account and Depreciation And Amortization. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Greenvale Energy's Research Development and Depreciation And Amortization is 0.1. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Depreciation And Amortization 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 Research Development and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Greenvale Energy are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Research Development i.e., Greenvale Energy's Research Development and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.1 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Research Development
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.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
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Greenvale Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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