| GVR Stock | | | 0.04 0.00 0.00% |
Grosvenor Resource financial indicator trend analysis is much more than just examining Grosvenor Resource Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grosvenor Resource Corp is a good investment. Please check the relationship between Grosvenor Resource Property Plant And Equipment Net and its Net Invested Capital accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grosvenor Resource 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 board of governors.
Property Plant And Equipment Net vs Net Invested Capital
Property Plant And Equipment Net vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Grosvenor Resource Corp Property Plant And Equipment Net account and
Net Invested Capital. At this time, the significance of the direction appears to have very week relationship.
The correlation between Grosvenor Resource's Property Plant And Equipment Net and Net Invested Capital is 0.22. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Grosvenor Resource Corp, assuming nothing else is changed. The correlation between historical values of Grosvenor Resource's Property Plant And Equipment Net and Net Invested Capital 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 And Equipment Net of Grosvenor Resource Corp are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Property Plant And Equipment Net i.e., Grosvenor Resource's Property Plant And Equipment Net and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.22 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Grosvenor Resource's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grosvenor Resource Corp 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 Grosvenor Resource 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 board of governors.
At this time, Grosvenor Resource's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to climb to about 115.2
K in 2024, whereas
Enterprise Value Over EBITDA is likely to drop
(1.76) in 2024.
Grosvenor Resource fundamental ratios Correlations
Click cells to compare fundamentals
Grosvenor Resource Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Grosvenor Resource fundamental ratios Accounts
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Additional Tools for Grosvenor Stock Analysis
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measure Grosvenor Resource's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Grosvenor Resource is operating at the current time. Most of Grosvenor Resource's value examination focuses on studying past and present price action to
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