Great Intangible Assets vs Property Plant Equipment Analysis
Great Western financial indicator trend analysis is much more than just examining Great Western Minerals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Great Western Minerals is a good investment. Please check the relationship between Great Western Intangible Assets and its Property Plant Equipment accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Great Western Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Intangible Assets vs Property Plant Equipment
Intangible Assets vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Great Western Minerals Intangible Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have pay attention.
The correlation between Great Western's Intangible Assets and Property Plant Equipment is -0.94. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Great Western Minerals, assuming nothing else is changed. The correlation between historical values of Great Western's Intangible Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Great Western Minerals are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Intangible Assets i.e., Great Western's Intangible Assets and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.94 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Property Plant Equipment
Most indicators from Great Western's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Great Western Minerals 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 Great Western Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. The Great Western's current Enterprise Value is estimated to increase to about 67.5 M, while Selling General Administrative is projected to decrease to roughly 16.9 M.
2012 | 2013 | 2023 | 2024 (projected) | Gross Profit | 4.1M | 4.4M | 4.0M | 3.6M | Total Revenue | 15.7M | 17.4M | 20.0M | 17.6M |
Great Western fundamental ratios Correlations
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Great Western Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
When determining whether Great Western Minerals is a strong investment it is important to analyze Great Western'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 Great Western's future performance. For an informed investment choice regarding Great 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 Great Western Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Diversified Metals & Mining 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 Great Western. If investors know Great 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 Great Western listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.059 | Quarterly Revenue Growth 0.542 | Return On Assets (0.13) |
The market value of Great Western Minerals is measured differently than its book value, which is the value of Great that is recorded on the company's balance sheet. Investors also form their own opinion of Great Western's value that differs from its market value or its book value, called intrinsic value, which is Great Western'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 Great Western's market value can be influenced by many factors that don't directly affect Great Western'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 Great Western's value and its price as these two are different measures arrived at by different means. Investors typically determine if Great Western is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great Western'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.