Gran Property Plant Equipment vs Short Term Investments Analysis

GTE Stock  USD 6.03  0.34  5.34%   
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 Property Plant Equipment and its Short Term Investments 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.

Property Plant Equipment vs Short Term Investments

Property Plant Equipment vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gran Tierra Energy Property Plant Equipment account and Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Gran Tierra's Property Plant Equipment and Short Term Investments is 0.24. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Short Term Investments 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 Property Plant Equipment 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 Property Plant Equipment of Gran Tierra Energy are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant Equipment i.e., Gran Tierra's Property Plant Equipment and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Property Plant Equipment

Short Term Investments

Short Term Investments is an item under the current assets section of Gran Tierra balance sheet. It contains any investments Gran Tierra Energy undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Gran Tierra Energy can easily liquidate in the marketplace.
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 Profit333.8M531.1M220.0M266.0M
Total Revenue473.7M711.4M637.0M433.5M

Gran Tierra fundamental ratios Correlations

0.240.570.730.770.260.96-0.10.240.790.450.96-0.090.110.550.680.690.350.290.20.220.830.430.120.720.73
0.24-0.20.31-0.40.410.450.87-0.780.54-0.430.410.60.77-0.35-0.010.650.060.95-0.220.710.190.920.46-0.290.5
0.57-0.20.690.57-0.190.41-0.530.420.210.840.390.03-0.380.830.070.10.33-0.150.220.110.640.030.220.760.23
0.730.310.690.40.160.74-0.05-0.010.690.50.70.250.070.510.20.540.210.370.20.430.730.570.430.530.58
0.77-0.40.570.4-0.050.59-0.660.760.360.670.61-0.58-0.360.730.710.240.32-0.340.24-0.230.62-0.2-0.320.860.4
0.260.41-0.190.16-0.050.460.53-0.510.5-0.510.470.250.59-0.480.090.59-0.150.53-0.160.170.160.510.26-0.360.6
0.960.450.410.740.590.460.16-0.020.90.211.00.040.330.310.620.820.260.520.120.340.790.640.240.490.81
-0.10.87-0.53-0.05-0.660.530.16-0.90.34-0.80.150.550.82-0.74-0.160.47-0.130.85-0.310.48-0.150.740.4-0.690.23
0.24-0.780.42-0.010.76-0.51-0.02-0.9-0.180.690.0-0.77-0.750.70.45-0.430.26-0.740.2-0.470.13-0.66-0.520.73-0.26
0.790.540.210.690.360.50.90.34-0.18-0.010.880.120.340.080.520.780.170.620.080.480.50.720.390.270.7
0.45-0.430.840.50.67-0.510.21-0.80.69-0.010.19-0.2-0.630.980.14-0.140.27-0.470.35-0.050.49-0.29-0.060.90.09
0.960.410.390.70.610.471.00.150.00.880.190.00.340.290.640.830.270.480.10.290.790.60.20.490.82
-0.090.60.030.25-0.580.250.040.55-0.770.12-0.20.00.34-0.24-0.590.25-0.210.510.310.380.090.510.8-0.350.2
0.110.77-0.380.07-0.360.590.330.82-0.750.34-0.630.340.34-0.570.10.640.090.82-0.470.310.150.740.02-0.460.48
0.55-0.350.830.510.73-0.480.31-0.740.70.080.980.29-0.24-0.570.25-0.070.36-0.380.29-0.010.52-0.21-0.090.950.15
0.68-0.010.070.20.710.090.62-0.160.450.520.140.64-0.590.10.250.350.410.08-0.01-0.10.430.12-0.450.540.32
0.690.650.10.540.240.590.820.47-0.430.78-0.140.830.250.64-0.070.350.110.67-0.090.460.620.730.270.080.9
0.350.060.330.210.32-0.150.26-0.130.260.170.270.27-0.210.090.360.410.110.08-0.30.060.240.12-0.230.410.0
0.290.95-0.150.37-0.340.530.520.85-0.740.62-0.470.480.510.82-0.380.080.670.08-0.30.670.230.970.4-0.30.52
0.2-0.220.220.20.24-0.160.12-0.310.20.080.350.10.31-0.470.29-0.01-0.09-0.3-0.3-0.330.26-0.210.430.310.04
0.220.710.110.43-0.230.170.340.48-0.470.48-0.050.290.380.31-0.01-0.10.460.060.67-0.330.130.70.46-0.040.38
0.830.190.640.730.620.160.79-0.150.130.50.490.790.090.150.520.430.620.240.230.260.130.380.130.620.68
0.430.920.030.57-0.20.510.640.74-0.660.72-0.290.60.510.74-0.210.120.730.120.97-0.210.70.380.46-0.130.6
0.120.460.220.43-0.320.260.240.4-0.520.39-0.060.20.80.02-0.09-0.450.27-0.230.40.430.460.130.46-0.160.2
0.72-0.290.760.530.86-0.360.49-0.690.730.270.90.49-0.35-0.460.950.540.080.41-0.30.31-0.040.62-0.13-0.160.26
0.730.50.230.580.40.60.810.23-0.260.70.090.820.20.480.150.320.90.00.520.040.380.680.60.20.26
Click cells to compare fundamentals

Gran Tierra Account Relationship Matchups

Gran Tierra fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B1.2B1.2B1.3B1.3B1.4B
Short Long Term Debt Total703.8M778.1M654.4M594.4M555.1M509.0M
Other Current Liab47.6M43.2M3.0M127.4M74.7M73.1M
Total Current Liabilities199.3M113.7M228.0M241.6M260.3M167.3M
Total Stockholder Equity1.0B257.0M302.1M417.6M396.4M376.6M
Other Liab112.3M56.3M71.6M86.8M99.8M51.8M
Property Plant And Equipment Net1.6B964.5M995.8M1.1B1.1B985.6M
Net Debt692.2M761.1M628.3M462.7M493.0M517.6M
Retained Earnings(260.3M)(1.0B)(995.8M)(856.7M)(863.0M)(819.9M)
Accounts Payable151.7M70.5M91.1M114.3M122.7M82.8M
Cash8.3M13.7M26.1M126.9M62.1M111.3M
Non Current Assets Total1.8B1.1B1.1B1.2B1.2B1.1B
Non Currrent Assets Other4.1M46.1M30.0M43.1M60.1M63.1M
Other Assets74.0M103.4M91.5M38.3M44.1M35.0M
Cash And Short Term Investments103.0M62.0M26.1M126.9M62.1M120.3M
Net Receivables172.1M58.0M58.7M10.8M12.4M11.7M
Common Stock Shares Outstanding37.7M36.7M36.8M36.9M33.5M30.2M
Liabilities And Stockholders Equity2.0B1.2B1.2B1.3B1.3B1.4B
Non Current Liabilities Total812.7M831.1M659.0M676.4M669.6M372.7M
Inventory516K427K392K1.1M29.0M30.5M
Other Current Assets15.0M13.5M16.6M29.8M8.9M8.7M
Other Stockholder Equity1.3B1.3B1.3B1.3B1.2B1.2B
Total Liab1.0B944.7M887.0M918.0M929.9M540.1M
Property Plant And Equipment Gross1.6B964.5M995.8M4.8B5.0B5.3B
Total Current Assets290.7M133.9M101.8M168.6M112.5M184.1M
Common Stock10.3M10.3M10.3M10.3M9.9M7.8M
Property Plant Equipment1.6B964.5M995.8M1.1B1.3B970.6M
Common Stock Total Equity10.3M10.3M10.3M10.3M11.8M8.1M
Long Term Debt700.5M774.8M587.4M589.6M493.0M293.2M
Net Tangible Assets930.0M257.0M302.1M417.6M375.8M668.9M
Retained Earnings Total Equity(260.3M)(1.0B)(995.8M)(856.7M)(771.1M)(732.5M)
Capital Surpluse1.3B1.3B1.3B1.3B1.5B1.3B
Deferred Long Term Liab28.4M23.4M59.8M28K25.2K23.9K
Non Current Liabilities Other52.5M56.3M71.6M86.8M10.9M10.3M

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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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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.