Gran Gross Profit Margin vs Non Current Liabilities Total Analysis
GTE Stock | USD 6.13 0.10 1.66% |
Gran Tierra financial indicator trend analysis is much more than just examining Gran Tierra Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gran Tierra Energy is a good investment. Please check the relationship between Gran Tierra Gross Profit Margin and its Non Current Liabilities Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gran Tierra 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 estimate.
Gross Profit Margin vs Non Current Liabilities Total
Gross Profit Margin vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gran Tierra Energy Gross Profit Margin account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Gran Tierra's Gross Profit Margin and Non Current Liabilities Total is -0.06. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Gran Tierra Energy, assuming nothing else is changed. The correlation between historical values of Gran Tierra's Gross Profit Margin and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of Gran Tierra Energy are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Gross Profit Margin i.e., Gran Tierra's Gross Profit Margin and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Gross Profit Margin
Non Current Liabilities Total
Most indicators from Gran Tierra's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gran Tierra 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 Gran Tierra 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 estimate. At present, Gran Tierra's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 743.1 M, whereas Discontinued Operations is forecasted to decline to (32.6 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 333.8M | 531.1M | 220.0M | 266.0M | Total Revenue | 473.7M | 711.4M | 637.0M | 433.5M |
Gran Tierra fundamental ratios Correlations
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Gran Tierra Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gran Tierra fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.0B | 1.2B | 1.2B | 1.3B | 1.3B | 1.4B | |
Short Long Term Debt Total | 703.8M | 778.1M | 654.4M | 594.4M | 555.1M | 509.0M | |
Other Current Liab | 47.6M | 43.2M | 3.0M | 127.4M | 74.7M | 73.1M | |
Total Current Liabilities | 199.3M | 113.7M | 228.0M | 241.6M | 260.3M | 167.3M | |
Total Stockholder Equity | 1.0B | 257.0M | 302.1M | 417.6M | 396.4M | 376.6M | |
Other Liab | 112.3M | 56.3M | 71.6M | 86.8M | 99.8M | 51.8M | |
Property Plant And Equipment Net | 1.6B | 964.5M | 995.8M | 1.1B | 1.1B | 985.6M | |
Net Debt | 692.2M | 761.1M | 628.3M | 462.7M | 493.0M | 517.6M | |
Retained Earnings | (260.3M) | (1.0B) | (995.8M) | (856.7M) | (863.0M) | (819.9M) | |
Accounts Payable | 151.7M | 70.5M | 91.1M | 114.3M | 122.7M | 82.8M | |
Cash | 8.3M | 13.7M | 26.1M | 126.9M | 62.1M | 111.3M | |
Non Current Assets Total | 1.8B | 1.1B | 1.1B | 1.2B | 1.2B | 1.1B | |
Non Currrent Assets Other | 4.1M | 46.1M | 30.0M | 43.1M | 60.1M | 63.1M | |
Other Assets | 74.0M | 103.4M | 91.5M | 38.3M | 44.1M | 35.0M | |
Cash And Short Term Investments | 103.0M | 62.0M | 26.1M | 126.9M | 62.1M | 120.3M | |
Net Receivables | 172.1M | 58.0M | 58.7M | 10.8M | 12.4M | 11.7M | |
Common Stock Shares Outstanding | 37.7M | 36.7M | 36.8M | 36.9M | 33.5M | 30.2M | |
Liabilities And Stockholders Equity | 2.0B | 1.2B | 1.2B | 1.3B | 1.3B | 1.4B | |
Non Current Liabilities Total | 812.7M | 831.1M | 659.0M | 676.4M | 669.6M | 372.7M | |
Inventory | 516K | 427K | 392K | 1.1M | 29.0M | 30.5M | |
Other Current Assets | 15.0M | 13.5M | 16.6M | 29.8M | 8.9M | 8.7M | |
Other Stockholder Equity | 1.3B | 1.3B | 1.3B | 1.3B | 1.2B | 1.2B | |
Total Liab | 1.0B | 944.7M | 887.0M | 918.0M | 929.9M | 540.1M | |
Property Plant And Equipment Gross | 1.6B | 964.5M | 995.8M | 4.8B | 5.0B | 5.3B | |
Total Current Assets | 290.7M | 133.9M | 101.8M | 168.6M | 112.5M | 184.1M | |
Common Stock | 10.3M | 10.3M | 10.3M | 10.3M | 9.9M | 7.8M | |
Property Plant Equipment | 1.6B | 964.5M | 995.8M | 1.1B | 1.3B | 970.6M | |
Common Stock Total Equity | 10.3M | 10.3M | 10.3M | 10.3M | 11.8M | 8.1M | |
Long Term Debt | 700.5M | 774.8M | 587.4M | 589.6M | 493.0M | 293.2M | |
Net Tangible Assets | 930.0M | 257.0M | 302.1M | 417.6M | 375.8M | 668.9M | |
Retained Earnings Total Equity | (260.3M) | (1.0B) | (995.8M) | (856.7M) | (771.1M) | (732.5M) | |
Capital Surpluse | 1.3B | 1.3B | 1.3B | 1.3B | 1.5B | 1.3B | |
Deferred Long Term Liab | 28.4M | 23.4M | 59.8M | 28K | 25.2K | 23.9K | |
Non Current Liabilities Other | 52.5M | 56.3M | 71.6M | 86.8M | 10.9M | 10.3M |
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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.When determining whether Gran Tierra Energy is a strong investment it is important to analyze Gran Tierra'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 Gran Tierra's future performance. For an informed investment choice regarding Gran 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 Gran Tierra 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 estimate. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Oil & Gas Exploration & Production 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 Gran Tierra. If investors know Gran 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 Gran Tierra 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 (0.81) | Earnings Share 1.43 | Revenue Per Share 19.878 | Quarterly Revenue Growth (0.16) | Return On Assets 0.0651 |
The market value of Gran Tierra Energy is measured differently than its book value, which is the value of Gran that is recorded on the company's balance sheet. Investors also form their own opinion of Gran Tierra's value that differs from its market value or its book value, called intrinsic value, which is Gran Tierra'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 Gran Tierra's market value can be influenced by many factors that don't directly affect Gran Tierra'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 Gran Tierra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gran Tierra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gran Tierra'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.