Greif Inventory vs Non Current Assets Total 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 Inventory and its Non Current Assets Total 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.
Inventory vs Non Current Assets Total
Inventory vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greif Inc Inventory account and Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Greif's Inventory and Non Current Assets Total is 0.57. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Current Assets Total 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 Inventory and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Greif Inc are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Inventory i.e., Greif's Inventory and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Inventory
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
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