Greenwave Net Tangible Assets vs Short Term Debt Analysis

GWAV Stock

USD 0.32 0.02 6.67%

Greenwave Technology financial indicator trend analysis is much more than just examining Greenwave Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greenwave Technology is a good investment. Please check the relationship between Greenwave Technology Net Tangible Assets and its Short Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenwave Technology Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Tangible Assets vs Short Term Debt

Net Tangible Assets vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenwave Technology Net Tangible Assets account and Short Term Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Greenwave Technology's Net Tangible Assets and Short Term Debt is -0.94. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Greenwave Technology Solutions, assuming nothing else is changed. The correlation between historical values of Greenwave Technology's Net Tangible Assets and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Greenwave Technology Solutions are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Net Tangible Assets i.e., Greenwave Technology's Net Tangible Assets and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.94

Relationship Direction	Negative
Relationship Strength	Significant

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Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Short Term Debt

Most indicators from Greenwave Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Greenwave Technology 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 Greenwave Technology Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Issuance Of Capital Stock is likely to climb to about 3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 10.8 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	10.6M	34.1M	8.9M	7.7M
Depreciation And Amortization	1.3M	6.5M	7.5M	7.8M

Interest Expense Depreciation And Amortization

Greenwave Technology fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Accounts Payable	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Current Deferred Revenue	Net Tangible Assets	Other Assets	Short Term Debt	Intangible Assets
Total Assets		0.29	0.5	0.15	0.94	0.88	-0.85	0.79	1.0	0.79	0.56	0.87	0.78	0.9	-0.35	0.9	0.19	-0.46	0.81	-0.22	0.81	-0.24	-0.9	-0.73	0.84	0.6
Other Current Liab	0.29		0.96	-0.75	0.06	0.09	-0.57	0.53	0.28	0.53	0.05	0.52	0.74	0.42	0.49	0.11	0.4	-0.77	-0.11	0.23	-0.07	0.46	-0.54	-0.69	0.54	0.8
Total Current Liabilities	0.5	0.96		-0.72	0.3	0.35	-0.74	0.64	0.49	0.64	0.23	0.69	0.89	0.59	0.42	0.37	0.53	-0.82	0.15	0.29	0.19	0.34	-0.71	-0.83	0.74	0.89
Total Stockholder Equity	0.15	-0.75	-0.72		0.23	0.05	0.27	-0.09	0.16	-0.09	-0.13	-0.21	-0.51	-0.03	-0.82	0.05	-0.56	0.55	0.2	-0.55	0.15	-0.63	0.12	0.45	-0.25	-0.56
Property Plant And Equipment Net	0.94	0.06	0.3	0.23		0.97	-0.82	0.59	0.95	0.59	0.71	0.85	0.68	0.78	-0.31	0.97	0.22	-0.35	0.95	-0.2	0.93	-0.22	-0.79	-0.67	0.77	0.5
Net Debt	0.88	0.09	0.35	0.05	0.97		-0.82	0.54	0.88	0.54	0.8	0.84	0.73	0.74	-0.16	1.0	0.35	-0.36	0.97	-0.05	0.97	-0.14	-0.75	-0.7	0.78	0.53
Retained Earnings	-0.85	-0.57	-0.74	0.27	-0.82	-0.82		-0.61	-0.85	-0.61	-0.64	-1.0	-0.92	-0.73	-0.19	-0.83	-0.47	0.76	-0.69	-0.03	-0.7	-0.23	0.88	0.94	-0.9	-0.88
Cash	0.79	0.53	0.64	-0.09	0.59	0.54	-0.61		0.77	1.0	0.29	0.6	0.74	0.96	-0.35	0.58	0.05	-0.46	0.46	-0.22	0.5	-0.23	-0.72	-0.53	0.64	0.47
Non Current Assets Total	1.0	0.28	0.49	0.16	0.95	0.88	-0.85	0.77		0.77	0.56	0.87	0.77	0.89	-0.35	0.9	0.19	-0.46	0.82	-0.22	0.81	-0.24	-0.9	-0.73	0.84	0.6
Cash And Short Term Investments	0.79	0.53	0.64	-0.09	0.59	0.54	-0.61	1.0	0.77		0.29	0.6	0.74	0.96	-0.35	0.58	0.05	-0.46	0.46	-0.22	0.5	-0.23	-0.72	-0.53	0.64	0.47
Other Current Assets	0.56	0.05	0.23	-0.13	0.71	0.8	-0.64	0.29	0.56	0.29		0.67	0.57	0.51	0.1	0.79	0.14	-0.2	0.83	-0.21	0.83	0.24	-0.38	-0.53	0.47	0.37
Other Stockholder Equity	0.87	0.52	0.69	-0.21	0.85	0.84	-1.0	0.6	0.87	0.6	0.67		0.89	0.73	0.15	0.85	0.42	-0.72	0.73	-0.03	0.73	0.22	-0.86	-0.92	0.88	0.84
Total Liab	0.78	0.74	0.89	-0.51	0.68	0.73	-0.92	0.74	0.77	0.74	0.57	0.89		0.8	0.22	0.75	0.52	-0.75	0.58	0.15	0.61	0.19	-0.86	-0.92	0.89	0.88
Total Current Assets	0.9	0.42	0.59	-0.03	0.78	0.74	-0.73	0.96	0.89	0.96	0.51	0.73	0.8		-0.35	0.77	0.1	-0.44	0.68	-0.23	0.71	-0.23	-0.79	-0.62	0.74	0.51
Common Stock	-0.35	0.49	0.42	-0.82	-0.31	-0.16	-0.19	-0.35	-0.35	-0.35	0.1	0.15	0.22	-0.35		-0.18	0.57	-0.52	-0.27	0.56	-0.24	0.82	0.1	-0.32	0.06	0.44
Short Long Term Debt Total	0.9	0.11	0.37	0.05	0.97	1.0	-0.83	0.58	0.9	0.58	0.79	0.85	0.75	0.77	-0.18		0.34	-0.38	0.97	-0.06	0.97	-0.15	-0.77	-0.71	0.8	0.54
Accounts Payable	0.19	0.4	0.53	-0.56	0.22	0.35	-0.47	0.05	0.19	0.05	0.14	0.42	0.52	0.1	0.57	0.34		-0.62	0.2	0.88	0.22	0.1	-0.49	-0.61	0.59	0.64
Non Currrent Assets Other	-0.46	-0.77	-0.82	0.55	-0.35	-0.36	0.76	-0.46	-0.46	-0.46	-0.2	-0.72	-0.75	-0.44	-0.52	-0.38	-0.62		-0.19	-0.37	-0.22	-0.39	0.65	0.79	-0.68	-0.83
Net Receivables	0.81	-0.11	0.15	0.2	0.95	0.97	-0.69	0.46	0.82	0.46	0.83	0.73	0.58	0.68	-0.27	0.97	0.2	-0.19		-0.17	0.99	-0.2	-0.61	-0.55	0.64	0.35
Common Stock Shares Outstanding	-0.22	0.23	0.29	-0.55	-0.2	-0.05	-0.03	-0.22	-0.22	-0.22	-0.21	-0.03	0.15	-0.23	0.56	-0.06	0.88	-0.37	-0.17		-0.14	0.0	-0.12	-0.21	0.22	0.29
Non Current Liabilities Total	0.81	-0.07	0.19	0.15	0.93	0.97	-0.7	0.5	0.81	0.5	0.83	0.73	0.61	0.71	-0.24	0.97	0.22	-0.22	0.99	-0.14		-0.16	-0.59	-0.53	0.65	0.33
Current Deferred Revenue	-0.24	0.46	0.34	-0.63	-0.22	-0.14	-0.23	-0.23	-0.24	-0.23	0.24	0.22	0.19	-0.23	0.82	-0.15	0.1	-0.39	-0.2	0.0	-0.16		0.19	-0.24	-0.05	0.33
Net Tangible Assets	-0.9	-0.54	-0.71	0.12	-0.79	-0.75	0.88	-0.72	-0.9	-0.72	-0.38	-0.86	-0.86	-0.79	0.1	-0.77	-0.49	0.65	-0.61	-0.12	-0.59	0.19		0.89	-0.94	-0.83
Other Assets	-0.73	-0.69	-0.83	0.45	-0.67	-0.7	0.94	-0.53	-0.73	-0.53	-0.53	-0.92	-0.92	-0.62	-0.32	-0.71	-0.61	0.79	-0.55	-0.21	-0.53	-0.24	0.89		-0.9	-0.97
Short Term Debt	0.84	0.54	0.74	-0.25	0.77	0.78	-0.9	0.64	0.84	0.64	0.47	0.88	0.89	0.74	0.06	0.8	0.59	-0.68	0.64	0.22	0.65	-0.05	-0.94	-0.9		0.85
Intangible Assets	0.6	0.8	0.89	-0.56	0.5	0.53	-0.88	0.47	0.6	0.47	0.37	0.84	0.88	0.51	0.44	0.54	0.64	-0.83	0.35	0.29	0.33	0.33	-0.83	-0.97	0.85

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Greenwave Technology Account Relationship Matchups

Greenwave Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.1K	98.6K	38.2M	41.5M	46.4M	48.7M
Other Current Liab	24.0M	33.3M	46.3M	12.1M	6.3M	6.0M
Total Current Liabilities	36.9M	37.7M	59.5M	19.0M	23.3M	20.1M
Total Stockholder Equity	(36.9M)	(37.7M)	(23.3M)	15.3M	(4.5M)	(4.7M)
Net Debt	7.1M	3.5M	7.5M	16.0M	37.1M	38.9M
Retained Earnings	(189.6M)	(301.2M)	(298.4M)	(362.3M)	(395.9M)	(376.1M)
Cash	1.1K	1.5K	3.0M	821.8K	1.5M	1.6M
Cash And Short Term Investments	1.1K	1.5K	3.0M	821.8K	1.5M	1.6M
Liabilities And Stockholders Equity	3.1K	98.6K	38.2M	41.5M	46.4M	48.7M
Other Current Assets	2.0K	194.3K	0.0	12.8K	296.8K	311.6K
Other Stockholder Equity	152.3M	302.6M	275.1M	377.6M	391.4M	411.0M
Total Liab	36.9M	37.8M	61.5M	26.1M	50.9M	53.4M
Total Current Assets	3.1K	98.6K	3.3M	1.2M	2.7M	2.8M
Common Stock	384.3K	493.7K	3.3K	11.0K	17.0K	16.1K
Short Long Term Debt Total	7.1M	3.5M	10.5M	16.8M	38.6M	40.5M
Accounts Payable	5.5M	1.1M	623.6K	1.5M	1.9M	1.5M
Common Stock Shares Outstanding	1.9M	31.0K	54.7K	43.8K	87.1K	82.7K
Non Current Liabilities Total	0.0	110K	2.1M	7.1M	27.6M	29.0M
Current Deferred Revenue	958.7K	337.5K	4.0M	25K	28.8K	27.3K
Net Tangible Assets	(7.1M)	(36.9M)	(16.8M)	(51.7M)	(46.5M)	(44.2M)
Short Term Debt	7.1M	3.3M	8.5M	7.8M	11.0M	6.4M
Net Invested Capital	(29.8M)	(34.3M)	(16.6M)	29.1M	33.9M	35.5M
Short Long Term Debt	7.1M	3.3M	6.7M	6.7M	10.8M	6.8M
Capital Stock	384.3K	493.7K	3.3K	11.0K	17.0K	16.1K
Net Working Capital	(36.9M)	(37.6M)	(56.1M)	(17.8M)	(20.6M)	(21.6M)

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