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 Direction | Positive |
Relationship Strength | Significant |
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 Expense | 61.2M | 96.3M | 110.7M | 65.3M | Depreciation And Amortization | 290.9M | 230.6M | 265.2M | 278.4M |
Greif fundamental ratios Correlations
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Greif Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Greif fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.5B | 5.8B | 5.5B | 6.0B | 6.9B | 7.2B | |
Short Long Term Debt Total | 2.8B | 2.5B | 2.2B | 2.5B | 2.9B | 3.0B | |
Other Current Liab | 345.6M | 384.8M | 360.9M | 294M | 338.1M | 189.6M | |
Total Current Liabilities | 1.0B | 1.3B | 1.0B | 939.3M | 1.1B | 605.2M | |
Total Stockholder Equity | 1.2B | 1.5B | 1.8B | 1.9B | 2.2B | 2.4B | |
Property Plant And Equipment Net | 1.8B | 1.8B | 1.7B | 1.9B | 2.1B | 1.1B | |
Net Debt | 2.7B | 2.4B | 2.0B | 2.3B | 2.7B | 2.8B | |
Retained Earnings | 1.5B | 1.8B | 2.1B | 2.3B | 2.7B | 2.8B | |
Accounts Payable | 450.7M | 704.5M | 561.3M | 497.8M | 572.5M | 333.8M | |
Non Current Assets Total | 4.2B | 4.2B | 4.0B | 4.6B | 5.3B | 5.5B | |
Non Currrent Assets Other | 140M | 177.3M | 210M | 253.6M | 291.6M | 306.2M | |
Cash And Short Term Investments | 105.9M | 124.6M | 147.1M | 180.9M | 208.0M | 218.4M | |
Net Receivables | 636.6M | 889.5M | 749.1M | 659.4M | 758.3M | 413.8M | |
Common Stock Total Equity | 162.6M | 170.2M | 179.3M | 173.5M | 199.5M | 152.0M | |
Common Stock Shares Outstanding | 59.3M | 59.7M | 59.6M | 58.2M | 66.9M | 62.6M | |
Liabilities And Stockholders Equity | 5.5B | 5.8B | 5.5B | 6.0B | 6.9B | 7.2B | |
Non Current Liabilities Total | 3.3B | 2.9B | 2.6B | 2.9B | 3.3B | 3.5B | |
Inventory | 293.6M | 499.2M | 403.3M | 338.6M | 389.4M | 261.8M | |
Other Current Assets | 266.7M | 150.8M | 190.3M | 190.2M | 218.7M | 123.1M | |
Other Stockholder Equity | (134.4M) | (134.1M) | (205.1M) | (598.4M) | (538.6M) | (511.6M) | |
Total Liab | 4.3B | 4.2B | 3.7B | 3.8B | 4.4B | 4.6B | |
Property Plant And Equipment Gross | 1.6B | 3.1B | 3.0B | 1.9B | 2.1B | 1.2B | |
Total Current Assets | 1.3B | 1.7B | 1.5B | 1.4B | 1.6B | 895.7M | |
Accumulated Other Comprehensive Income | (427.5M) | (356.5M) | (302.3M) | (316.5M) | (284.9M) | (299.1M) | |
Short Term Debt | 203.8M | 224.8M | 125.7M | 147.5M | 169.6M | 178.1M | |
Common Stock | 170.2M | 179.3M | 173.5M | 208.4M | 239.7M | 136.9M | |
Cash | 105.9M | 124.6M | 147.1M | 180.9M | 208.0M | 218.4M | |
Intangible Assets | 715.3M | 648.4M | 576.2M | 792.2M | 911.0M | 956.6M | |
Good Will | 1.5B | 1.5B | 1.5B | 1.7B | 1.9B | 2.0B | |
Net Tangible Assets | (1.1B) | (649.5M) | (279.4M) | (537.3M) | (483.6M) | (459.4M) | |
Noncontrolling Interest In Consolidated Entity | 46.4M | 58M | 61.3M | 33M | 29.7M | 43.2M | |
Long Term Debt | 2.3B | 2.1B | 1.8B | 2.1B | 2.4B | 1.7B | |
Retained Earnings Total Equity | 1.5B | 1.5B | 1.8B | 2.1B | 2.4B | 1.7B | |
Long Term Debt Total | 884.1M | 2.7B | 2.1B | 1.8B | 2.1B | 1.6B | |
Non Current Liabilities Other | 696.9M | 607.7M | 553.6M | 548.3M | 630.5M | 454.2M | |
Accumulated Depreciation | (1.3B) | (1.3B) | (1.6B) | (1.6B) | (1.4B) | (1.5B) |
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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.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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