Greif Accounts Payable vs Short Term Debt Analysis

GEF-B Stock  USD 65.25  0.82  1.27%   
Greif financial indicator trend analysis is much more than just examining Greif Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greif Inc is a good investment. Please check the relationship between Greif Accounts Payable 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 Greif Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Accounts Payable vs Short Term Debt

Accounts Payable vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greif Inc Accounts Payable account and Short Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Greif's Accounts Payable and Short Term Debt is 0.66. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Greif Inc, assuming nothing else is changed. The correlation between historical values of Greif's Accounts Payable 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 Accounts Payable of Greif Inc 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 Accounts Payable i.e., Greif's Accounts Payable and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Greif obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Greif Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Short Term Debt

Most indicators from Greif's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Greif Inc 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 Greif Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At present, Greif's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 11.75, whereas Selling General Administrative is forecasted to decline to about 348 M.
 2021 2022 2023 2024 (projected)
Interest Expense61.2M96.3M110.7M65.3M
Depreciation And Amortization290.9M230.6M265.2M278.4M

Greif fundamental ratios Correlations

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0.650.60.970.490.910.860.60.510.950.610.520.360.910.860.55-0.80.630.930.76-0.340.70.760.950.620.82
0.720.670.970.570.930.790.670.580.980.690.540.440.960.860.58-0.730.690.930.71-0.420.760.860.980.740.84
0.90.770.490.570.650.480.750.980.580.890.930.90.590.70.8-0.570.760.530.43-0.870.790.580.630.70.71
0.810.790.910.930.650.810.790.680.890.80.650.540.930.910.68-0.730.810.810.8-0.60.840.770.960.740.94
0.570.470.860.790.480.810.450.540.810.540.650.440.710.890.66-0.950.530.810.74-0.440.590.470.80.380.84
0.961.00.60.670.750.790.450.80.60.960.690.650.760.750.66-0.520.990.520.58-0.710.980.660.720.890.73
0.930.820.510.580.980.680.540.80.590.920.940.940.630.780.84-0.630.820.510.48-0.930.840.580.650.710.78
0.690.60.950.980.580.890.810.60.590.640.570.460.940.860.59-0.750.630.960.63-0.430.70.840.970.660.84
1.00.970.610.690.890.80.540.960.920.640.840.80.740.810.78-0.620.970.570.57-0.830.980.650.740.860.79
0.850.710.520.540.930.650.650.690.940.570.840.870.550.770.84-0.740.740.550.42-0.870.760.440.60.540.76
0.80.690.360.440.90.540.440.650.940.460.80.870.480.680.79-0.530.690.330.38-0.930.70.470.520.60.71
0.780.760.910.960.590.930.710.760.630.940.740.550.480.870.59-0.640.770.870.65-0.50.810.910.980.750.86
0.830.770.860.860.70.910.890.750.780.860.810.770.680.870.78-0.880.810.780.76-0.690.840.690.910.660.96
0.790.690.550.580.80.680.660.660.840.590.780.840.790.590.78-0.660.710.530.54-0.730.730.450.640.570.78
-0.65-0.53-0.8-0.73-0.57-0.73-0.95-0.52-0.63-0.75-0.62-0.74-0.53-0.64-0.88-0.66-0.6-0.76-0.670.51-0.66-0.42-0.73-0.43-0.78
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0.620.520.930.930.530.810.810.520.510.960.570.550.330.870.780.53-0.760.550.57-0.30.630.770.910.570.73
0.580.580.760.710.430.80.740.580.480.630.570.420.380.650.760.54-0.670.60.57-0.420.620.480.740.570.76
-0.82-0.73-0.34-0.42-0.87-0.6-0.44-0.71-0.93-0.43-0.83-0.87-0.93-0.5-0.69-0.730.51-0.73-0.3-0.42-0.73-0.41-0.52-0.58-0.76
0.980.990.70.760.790.840.590.980.840.70.980.760.70.810.840.73-0.660.990.630.62-0.730.70.790.880.8
0.690.660.760.860.580.770.470.660.580.840.650.440.470.910.690.45-0.420.640.770.48-0.410.70.870.750.68
0.770.720.950.980.630.960.80.720.650.970.740.60.520.980.910.64-0.730.740.910.74-0.520.790.870.720.9
0.860.890.620.740.70.740.380.890.710.660.860.540.60.750.660.57-0.430.860.570.57-0.580.880.750.720.63
0.810.740.820.840.710.940.840.730.780.840.790.760.710.860.960.78-0.780.770.730.76-0.760.80.680.90.63
Click cells to compare fundamentals

Greif Account Relationship Matchups

Greif fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.5B5.8B5.5B6.0B6.9B7.2B
Short Long Term Debt Total2.8B2.5B2.2B2.5B2.9B3.0B
Other Current Liab345.6M384.8M360.9M294M338.1M189.6M
Total Current Liabilities1.0B1.3B1.0B939.3M1.1B605.2M
Total Stockholder Equity1.2B1.5B1.8B1.9B2.2B2.4B
Property Plant And Equipment Net1.8B1.8B1.7B1.9B2.1B1.1B
Net Debt2.7B2.4B2.0B2.3B2.7B2.8B
Retained Earnings1.5B1.8B2.1B2.3B2.7B2.8B
Accounts Payable450.7M704.5M561.3M497.8M572.5M333.8M
Non Current Assets Total4.2B4.2B4.0B4.6B5.3B5.5B
Non Currrent Assets Other140M177.3M210M253.6M291.6M306.2M
Cash And Short Term Investments105.9M124.6M147.1M180.9M208.0M218.4M
Net Receivables636.6M889.5M749.1M659.4M758.3M413.8M
Common Stock Total Equity162.6M170.2M179.3M173.5M199.5M152.0M
Common Stock Shares Outstanding59.3M59.7M59.6M58.2M66.9M62.6M
Liabilities And Stockholders Equity5.5B5.8B5.5B6.0B6.9B7.2B
Non Current Liabilities Total3.3B2.9B2.6B2.9B3.3B3.5B
Inventory293.6M499.2M403.3M338.6M389.4M261.8M
Other Current Assets266.7M150.8M190.3M190.2M218.7M123.1M
Other Stockholder Equity(134.4M)(134.1M)(205.1M)(598.4M)(538.6M)(511.6M)
Total Liab4.3B4.2B3.7B3.8B4.4B4.6B
Property Plant And Equipment Gross1.6B3.1B3.0B1.9B2.1B1.2B
Total Current Assets1.3B1.7B1.5B1.4B1.6B895.7M
Accumulated Other Comprehensive Income(427.5M)(356.5M)(302.3M)(316.5M)(284.9M)(299.1M)
Short Term Debt203.8M224.8M125.7M147.5M169.6M178.1M
Common Stock170.2M179.3M173.5M208.4M239.7M136.9M
Cash105.9M124.6M147.1M180.9M208.0M218.4M
Intangible Assets715.3M648.4M576.2M792.2M911.0M956.6M
Good Will1.5B1.5B1.5B1.7B1.9B2.0B
Net Tangible Assets(1.1B)(649.5M)(279.4M)(537.3M)(483.6M)(459.4M)
Noncontrolling Interest In Consolidated Entity46.4M58M61.3M33M29.7M43.2M
Long Term Debt2.3B2.1B1.8B2.1B2.4B1.7B
Retained Earnings Total Equity1.5B1.5B1.8B2.1B2.4B1.7B
Long Term Debt Total884.1M2.7B2.1B1.8B2.1B1.6B
Non Current Liabilities Other696.9M607.7M553.6M548.3M630.5M454.2M
Accumulated Depreciation(1.3B)(1.3B)(1.6B)(1.6B)(1.4B)(1.5B)

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greif Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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Please note, there is a significant difference between Greif's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greif is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greif'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.