Greenland Non Current Assets Total vs Total Assets Analysis
GTEC Stock | USD 2.11 0.10 4.52% |
Greenland Acquisition financial indicator trend analysis is much more than just examining Greenland Acquisition latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greenland Acquisition is a good investment. Please check the relationship between Greenland Acquisition Non Current Assets Total and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenland Acquisition 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 income.
Non Current Assets Total vs Total Assets
Non Current Assets Total vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenland Acquisition Non Current Assets Total account and Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Greenland Acquisition's Non Current Assets Total and Total Assets is -0.65. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Assets in the same time period over historical financial statements of Greenland Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Greenland Acquisition's Non Current Assets Total and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Greenland Acquisition Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Current Assets Total i.e., Greenland Acquisition's Non Current Assets Total and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Total Assets
Total assets refers to the total amount of Greenland Acquisition assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Greenland Acquisition books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Greenland Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Greenland Acquisition 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 Greenland Acquisition 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 income. At present, Greenland Acquisition's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 93.3 M, whereas Selling General Administrative is forecasted to decline to about 3.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 19.6M | 19.8M | 24.6M | 18.1M | Total Revenue | 98.8M | 90.8M | 90.3M | 79.9M |
Greenland Acquisition fundamental ratios Correlations
Click cells to compare fundamentals
Greenland Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Greenland Acquisition fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 106.5M | 132.0M | 162.6M | 155.1M | 130.5M | 130.8M | |
Other Current Liab | 9.2M | 29.1M | 1.2M | 1.7M | 6.1M | 8.1M | |
Total Current Liabilities | 56.0M | 78.8M | 85.5M | 66.2M | 72.5M | 66.8M | |
Total Stockholder Equity | 38.6M | 44.9M | 62.3M | 71.2M | 50.1M | 45.5M | |
Other Liab | 2.0M | 2.2M | 2.3M | 2.2M | 2.5M | 2.3M | |
Net Tangible Assets | 27.8M | 34.7M | 40.9M | 58.2M | 67.0M | 40.7M | |
Retained Earnings | 19.9M | 26.7M | 33.7M | 37.2M | 18.5M | 22.7M | |
Accounts Payable | 14.7M | 22.0M | 29.1M | 24.8M | 25.3M | 22.7M | |
Cash | 2.1M | 7.2M | 11.1M | 16.3M | 23.0M | 24.1M | |
Other Assets | 37.2M | 5.6M | 24.3M | 185.7K | 167.1K | 158.8K | |
Net Receivables | 64.2M | 81.7M | 93.1M | 79.8M | 43.8M | 65.1M | |
Common Stock Shares Outstanding | 7.9M | 10.0M | 10.8M | 11.9M | 13.2M | 10.9M | |
Inventory | 10.0M | 15.4M | 25.8M | 23.1M | 24.9M | 18.9M | |
Other Current Assets | 327.6K | 3.4M | 7.2M | 1.6M | 5.5M | 3.5M | |
Other Stockholder Equity | 15.2M | 13.7M | 23.8M | 33.0M | 30.3M | 20.4M | |
Total Liab | 59.5M | 81.3M | 87.7M | 70.2M | 79.8M | 72.2M | |
Total Current Assets | 80.2M | 107.6M | 139.3M | 132.4M | 99.8M | 90.5M | |
Intangible Assets | 3.9M | 4.0M | 4.0M | 3.8M | 3.6M | 3.1M | |
Property Plant Equipment | 22.1M | 20.6M | 20.1M | 19.0M | 17.1M | 16.1M | |
Non Current Assets Total | 26.2M | 24.3M | 23.3M | 22.8M | 30.7M | 26.8M | |
Non Currrent Assets Other | 798.4K | 2.4K | 44.1K | 283.1K | 1.1M | 998.2K | |
Cash And Short Term Investments | 2.1M | 7.2M | 13.2M | 24.1M | 25.8M | 27.1M | |
Non Current Liabilities Total | 3.5M | 2.5M | 2.3M | 4.0M | 7.3M | 7.8M | |
Short Long Term Debt Total | 33.3M | 53.1M | 55.0M | 41.6M | 41.9M | 49.2M | |
Property Plant And Equipment Net | 20.6M | 20.1M | 19.0M | 18.2M | 15.8M | 15.5M | |
Current Deferred Revenue | 132.2K | 366.0K | 387.9K | 227.4K | 138.0K | 242.0K | |
Net Debt | 29.8M | 46.0M | 43.9M | 25.3M | 18.9M | 26.9M | |
Liabilities And Stockholders Equity | 106.5M | 132.0M | 162.6M | 155.1M | 130.5M | 146.3M | |
Net Invested Capital | 71.9M | 95.5M | 115.6M | 110.1M | 89.8M | 89.5M | |
Short Long Term Debt | 31.9M | 50.6M | 53.3M | 38.9M | 39.8M | 46.1M | |
Accumulated Other Comprehensive Income | 3.5M | 4.5M | 4.9M | 1.0M | 1.3M | 2.5M | |
Net Working Capital | 24.2M | 28.8M | 53.8M | 66.2M | 27.3M | 36.9M | |
Short Term Debt | 31.9M | 26.5M | 54.7M | 39.4M | 40.2M | 42.1M |
Also Currently Popular
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 Greenland Acquisition offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Greenland Acquisition's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Greenland Acquisition Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Greenland Acquisition Corp Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenland Acquisition 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 income. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Industrial Machinery & Supplies & Components 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 Greenland Acquisition. If investors know Greenland 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 Greenland Acquisition 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 0.889 | Earnings Share (0.94) | Revenue Per Share 6.674 | Quarterly Revenue Growth (0.02) | Return On Assets (0.10) |
The market value of Greenland Acquisition is measured differently than its book value, which is the value of Greenland that is recorded on the company's balance sheet. Investors also form their own opinion of Greenland Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Greenland Acquisition'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 Greenland Acquisition's market value can be influenced by many factors that don't directly affect Greenland Acquisition'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 Greenland Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenland Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenland Acquisition'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.