Greenland Retained Earnings vs Net Receivables Analysis

GTEC Stock  USD 2.21  0.01  0.45%   
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 Retained Earnings and its Net Receivables 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.

Retained Earnings vs Net Receivables

Retained Earnings vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenland Acquisition Retained Earnings account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Greenland Acquisition's Retained Earnings and Net Receivables is 0.91. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Receivables 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 Retained Earnings and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Greenland Acquisition Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Retained Earnings i.e., Greenland Acquisition's Retained Earnings and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Receivables

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 Profit19.6M19.8M24.6M18.1M
Total Revenue98.8M90.8M90.3M79.9M

Greenland Acquisition fundamental ratios Correlations

-0.30.970.980.810.840.980.930.75-0.81-0.870.84-0.590.74-0.20.85-0.060.880.970.98-0.49-0.130.02-0.65-0.890.75
-0.3-0.16-0.37-0.14-0.45-0.29-0.24-0.40.530.23-0.180.45-0.370.01-0.49-0.14-0.48-0.17-0.290.32-0.050.280.190.2-0.46
0.97-0.160.920.80.750.920.950.68-0.72-0.820.77-0.50.65-0.140.75-0.10.81.00.93-0.47-0.220.09-0.57-0.880.66
0.98-0.370.920.830.890.990.870.77-0.87-0.90.87-0.660.79-0.260.88-0.090.940.910.99-0.5-0.02-0.01-0.72-0.90.8
0.81-0.140.80.830.890.780.690.87-0.86-0.940.75-0.740.87-0.420.840.030.880.790.85-0.650.21-0.24-0.74-0.870.84
0.84-0.450.750.890.890.820.70.84-0.89-0.870.76-0.740.95-0.380.970.20.960.740.89-0.470.25-0.24-0.73-0.790.86
0.98-0.290.920.990.780.820.860.69-0.82-0.890.91-0.570.71-0.240.83-0.130.880.910.99-0.44-0.050.08-0.72-0.890.72
0.93-0.240.950.870.690.70.860.64-0.66-0.70.66-0.50.64-0.210.710.030.710.950.87-0.42-0.46-0.06-0.54-0.70.63
0.75-0.40.680.770.870.840.690.64-0.83-0.790.59-0.930.91-0.260.870.10.870.680.74-0.850.09-0.5-0.59-0.730.99
-0.810.53-0.72-0.87-0.86-0.89-0.82-0.66-0.830.93-0.820.76-0.840.52-0.86-0.05-0.92-0.7-0.870.67-0.150.320.840.8-0.85
-0.870.23-0.82-0.9-0.94-0.87-0.89-0.7-0.790.93-0.910.66-0.80.49-0.820.07-0.9-0.8-0.930.6-0.180.130.860.91-0.79
0.84-0.180.770.870.750.760.910.660.59-0.82-0.91-0.440.66-0.50.760.020.780.730.92-0.360.130.0-0.87-0.810.62
-0.590.45-0.5-0.66-0.74-0.74-0.57-0.5-0.930.760.66-0.44-0.850.26-0.740.05-0.81-0.5-0.60.83-0.080.550.530.58-0.95
0.74-0.370.650.790.870.950.710.640.91-0.84-0.80.66-0.85-0.450.930.290.890.640.79-0.580.18-0.48-0.72-0.660.92
-0.20.01-0.14-0.26-0.42-0.38-0.24-0.21-0.260.520.49-0.50.26-0.45-0.3-0.43-0.25-0.11-0.340.160.00.550.830.09-0.27
0.85-0.490.750.880.840.970.830.710.87-0.86-0.820.76-0.740.93-0.30.270.930.740.88-0.520.2-0.29-0.68-0.770.89
-0.06-0.14-0.1-0.090.030.2-0.130.030.1-0.050.070.020.050.29-0.430.27-0.06-0.11-0.020.16-0.02-0.59-0.180.280.07
0.88-0.480.80.940.880.960.880.710.87-0.92-0.90.78-0.810.89-0.250.93-0.060.780.91-0.60.22-0.14-0.69-0.880.9
0.97-0.171.00.910.790.740.910.950.68-0.7-0.80.73-0.50.64-0.110.74-0.110.780.92-0.48-0.250.09-0.53-0.870.66
0.98-0.290.930.990.850.890.990.870.74-0.87-0.930.92-0.60.79-0.340.88-0.020.910.92-0.47-0.02-0.02-0.77-0.90.76
-0.490.32-0.47-0.5-0.65-0.47-0.44-0.42-0.850.670.6-0.360.83-0.580.16-0.520.16-0.6-0.48-0.470.040.520.40.58-0.82
-0.13-0.05-0.22-0.020.210.25-0.05-0.460.09-0.15-0.180.13-0.080.180.00.2-0.020.22-0.25-0.020.040.13-0.1-0.210.11
0.020.280.09-0.01-0.24-0.240.08-0.06-0.50.320.130.00.55-0.480.55-0.29-0.59-0.140.09-0.020.520.130.34-0.16-0.48
-0.650.19-0.57-0.72-0.74-0.73-0.72-0.54-0.590.840.86-0.870.53-0.720.83-0.68-0.18-0.69-0.53-0.770.4-0.10.340.58-0.61
-0.890.2-0.88-0.9-0.87-0.79-0.89-0.7-0.730.80.91-0.810.58-0.660.09-0.770.28-0.88-0.87-0.90.58-0.21-0.160.58-0.73
0.75-0.460.660.80.840.860.720.630.99-0.85-0.790.62-0.950.92-0.270.890.070.90.660.76-0.820.11-0.48-0.61-0.73
Click cells to compare fundamentals

Greenland Acquisition Account Relationship Matchups

Greenland Acquisition fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets106.5M132.0M162.6M155.1M130.5M130.8M
Other Current Liab9.2M29.1M1.2M1.7M6.1M8.1M
Total Current Liabilities56.0M78.8M85.5M66.2M72.5M66.8M
Total Stockholder Equity38.6M44.9M62.3M71.2M50.1M45.5M
Other Liab2.0M2.2M2.3M2.2M2.5M2.3M
Net Tangible Assets27.8M34.7M40.9M58.2M67.0M40.7M
Retained Earnings19.9M26.7M33.7M37.2M18.5M22.7M
Accounts Payable14.7M22.0M29.1M24.8M25.3M22.7M
Cash2.1M7.2M11.1M16.3M23.0M24.1M
Other Assets37.2M5.6M24.3M185.7K167.1K158.8K
Net Receivables64.2M81.7M93.1M79.8M43.8M65.1M
Common Stock Shares Outstanding7.9M10.0M10.8M11.9M13.2M10.9M
Inventory10.0M15.4M25.8M23.1M24.9M18.9M
Other Current Assets327.6K3.4M7.2M1.6M5.5M3.5M
Other Stockholder Equity15.2M13.7M23.8M33.0M30.3M20.4M
Total Liab59.5M81.3M87.7M70.2M79.8M72.2M
Total Current Assets80.2M107.6M139.3M132.4M99.8M90.5M
Intangible Assets3.9M4.0M4.0M3.8M3.6M3.1M
Property Plant Equipment22.1M20.6M20.1M19.0M17.1M16.1M
Non Current Assets Total26.2M24.3M23.3M22.8M30.7M26.8M
Non Currrent Assets Other798.4K2.4K44.1K283.1K1.1M998.2K
Cash And Short Term Investments2.1M7.2M13.2M24.1M25.8M27.1M
Non Current Liabilities Total3.5M2.5M2.3M4.0M7.3M7.8M
Short Long Term Debt Total33.3M53.1M55.0M41.6M41.9M49.2M
Property Plant And Equipment Net20.6M20.1M19.0M18.2M15.8M15.5M
Current Deferred Revenue132.2K366.0K387.9K227.4K138.0K242.0K
Net Debt29.8M46.0M43.9M25.3M18.9M26.9M
Liabilities And Stockholders Equity106.5M132.0M162.6M155.1M130.5M146.3M
Net Invested Capital71.9M95.5M115.6M110.1M89.8M89.5M
Short Long Term Debt31.9M50.6M53.3M38.9M39.8M46.1M
Accumulated Other Comprehensive Income3.5M4.5M4.9M1.0M1.3M2.5M
Net Working Capital24.2M28.8M53.8M66.2M27.3M36.9M
Short Term Debt31.9M26.5M54.7M39.4M40.2M42.1M

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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 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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.