| GRX Stock | | | 40.50 2.00 5.19% |
GreenX Metals financial indicator trend analysis is much more than just examining GreenX Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GreenX Metals is a good investment. Please check the relationship between GreenX Metals Total Revenue and its Income Tax Expense accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GreenX Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Total Revenue vs Income Tax Expense
Total Revenue vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GreenX Metals Total Revenue account and
Income Tax Expense. At this time, the significance of the direction appears to have weak relationship.
The correlation between GreenX Metals' Total Revenue and Income Tax Expense is 0.34. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of GreenX Metals, assuming nothing else is changed. The correlation between historical values of GreenX Metals' Total Revenue and Income Tax Expense 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 Revenue of GreenX Metals are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Total Revenue i.e., GreenX Metals' Total Revenue and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.34 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Revenue
Total revenue comprises all receipts GreenX Metals generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Income Tax Expense
Most indicators from GreenX Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GreenX Metals 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 GreenX Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
The current year's
Selling General Administrative is expected to grow to about 1.1
M, whereas
Issuance Of Capital Stock is forecasted to decline to about 3.7
M.
| 2022 | 2023 | 2024 | 2025 (projected) |
Gross Profit | 313.1K | 460.0K | 529.0K | 422.4K | Total Revenue | 313.1K | 451.1K | 518.8K | 424.8K |
GreenX Metals fundamental ratios Correlations
Click cells to compare fundamentals
GreenX Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GreenX Metals fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in GreenX Stock
Balance Sheet is a snapshot of the
financial position of GreenX Metals at a specified time, usually calculated after every quarter, six months, or one year. GreenX Metals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of GreenX Metals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which GreenX currently owns. An asset can also be divided into two categories, current and non-current.