GrowGeneration Property Plant Equipment vs Common Stock Shares Outstanding Analysis
GRWG Stock | USD 1.86 0.01 0.54% |
GrowGeneration Corp financial indicator trend analysis is much more than just examining GrowGeneration Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GrowGeneration Corp is a good investment. Please check the relationship between GrowGeneration Corp Property Plant Equipment and its Common Stock Shares Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GrowGeneration Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more detail on how to invest in GrowGeneration Stock please use our How to Invest in GrowGeneration Corp guide.
Property Plant Equipment vs Common Stock Shares Outstanding
Property Plant Equipment vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GrowGeneration Corp Property Plant Equipment account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between GrowGeneration Corp's Property Plant Equipment and Common Stock Shares Outstanding is 0.86. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of GrowGeneration Corp, assuming nothing else is changed. The correlation between historical values of GrowGeneration Corp's Property Plant Equipment and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of GrowGeneration Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Property Plant Equipment i.e., GrowGeneration Corp's Property Plant Equipment and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Property Plant Equipment
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from GrowGeneration Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GrowGeneration Corp 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 GrowGeneration Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more detail on how to invest in GrowGeneration Stock please use our How to Invest in GrowGeneration Corp guide.At this time, GrowGeneration Corp's Sales General And Administrative To Revenue is most likely to slightly decrease in the upcoming years. The GrowGeneration Corp's current Enterprise Value is estimated to increase to about 1.5 B, while Selling General Administrative is projected to decrease to roughly 15.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 118.2M | 70.3M | 61.3M | 37.1M | Total Revenue | 422.5M | 278.2M | 225.9M | 138.1M |
GrowGeneration Corp fundamental ratios Correlations
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GrowGeneration Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GrowGeneration Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 72.0M | 354.7M | 459.3M | 293.4M | 239.1M | 161.9M | |
Other Current Liab | 1.6M | 3.3M | (265K) | 9.1M | (7.6M) | (7.2M) | |
Total Current Liabilities | 12.1M | 27.3M | 47.1M | 35.8M | 30.9M | 17.6M | |
Total Stockholder Equity | 53.9M | 317.0M | 371.3M | 216.4M | 173.4M | 129.3M | |
Net Tangible Assets | 35.9M | 232.6M | 197.5M | 216.4M | 248.9M | 261.3M | |
Retained Earnings | (6.9M) | (2.6M) | 10.1M | (153.6M) | (200.1M) | (190.1M) | |
Accounts Payable | 6.0M | 14.6M | 17.0M | 15.7M | 11.7M | 7.6M | |
Cash | 13.0M | 177.9M | 41.4M | 40.1M | 29.8M | 35.1M | |
Other Assets | 377.4K | 13.6M | 800K | 803K | 923.5K | 877.3K | |
Cash And Short Term Investments | 13.0M | 177.9M | 81.2M | 71.9M | 65.0M | 46.9M | |
Net Receivables | 4.5M | 6.5M | 8.2M | 9.6M | 9.1M | 9.5M | |
Good Will | 17.8M | 63.0M | 125.4M | 16.0M | 7.5M | 7.1M | |
Common Stock Shares Outstanding | 33.9M | 46.5M | 60.5M | 60.8M | 61.2M | 36.2M | |
Capital Surpluse | 60.7M | 319.6M | 361.1M | 369.9M | 425.4M | 446.7M | |
Inventory | 22.7M | 54.0M | 105.6M | 77.1M | 64.9M | 37.6M | |
Total Liab | 18.1M | 37.7M | 88.0M | 77.0M | 125.4M | 131.7M | |
Short Long Term Debt | 110.2K | 82.9K | 92K | 50K | 57.5K | 54.6K | |
Total Current Assets | 42.6M | 250.2M | 216.9M | 170.7M | 147.5M | 95.3M | |
Short Term Debt | 1.9M | 3.1M | 13.8M | 8.2M | 16.0M | 16.8M | |
Common Stock | 36.9K | 57.2K | 60K | 61K | 70.2K | 38.2K | |
Property Plant Equipment | 11.0M | 18.6M | 67.8M | 28.7M | 33.0M | 34.6M | |
Short Long Term Debt Total | 8.0M | 12.7M | 45.6M | 48.8M | 42.5M | 44.6M | |
Property Plant And Equipment Net | 11.0M | 18.6M | 67.8M | 75.1M | 67.0M | 70.3M | |
Current Deferred Revenue | 2.5M | 5.2M | 11.7M | 4.3M | 5.4M | 3.6M | |
Net Debt | (5.0M) | (165.2M) | 4.2M | 8.8M | 12.7M | 13.3M | |
Non Current Assets Total | 29.4M | 104.5M | 242.4M | 122.8M | 91.6M | 74.0M | |
Non Currrent Assets Other | 377.4K | 1.5M | 800K | 803K | 949K | 600.1K | |
Long Term Debt | 2.4M | 242.1K | 158.0K | 66K | 75.9K | 72.1K | |
Common Stock Total Equity | 36.9K | 57.2K | 60K | 61K | 70.2K | 38.6K | |
Long Term Debt Total | 82.5K | 2.4M | 242.1K | 158.0K | 181.7K | 172.6K | |
Liabilities And Stockholders Equity | 72.0M | 354.7M | 459.3M | 293.4M | 298.8M | 187.1M | |
Non Current Liabilities Total | 6.0M | 10.4M | 41.0M | 41.3M | 94.5M | 99.2M | |
Other Current Assets | 2.5M | 11.8M | 22.0M | 12.1M | 8.5M | 7.1M | |
Other Stockholder Equity | 60.7M | 319.6M | 361.1M | 369.9M | 373.4M | 188.6M | |
Property Plant And Equipment Gross | 11.0M | 18.6M | 24.1M | 28.7M | 87.0M | 91.3M |
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When determining whether GrowGeneration Corp is a strong investment it is important to analyze GrowGeneration Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GrowGeneration Corp's future performance. For an informed investment choice regarding GrowGeneration Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GrowGeneration Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more detail on how to invest in GrowGeneration Stock please use our How to Invest in GrowGeneration Corp guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Home Improvement Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GrowGeneration Corp. If investors know GrowGeneration will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GrowGeneration Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.147 | Earnings Share (0.88) | Revenue Per Share 3.31 | Quarterly Revenue Growth (0.10) | Return On Assets (0.1) |
The market value of GrowGeneration Corp is measured differently than its book value, which is the value of GrowGeneration that is recorded on the company's balance sheet. Investors also form their own opinion of GrowGeneration Corp's value that differs from its market value or its book value, called intrinsic value, which is GrowGeneration Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GrowGeneration Corp's market value can be influenced by many factors that don't directly affect GrowGeneration Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GrowGeneration Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if GrowGeneration Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GrowGeneration Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.