Greif Other Current Assets vs Non Currrent Assets Other 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 Other Current Assets and its Non Currrent Assets Other 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.

Other Current Assets vs Non Currrent Assets Other

Other Current Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greif Inc Other Current Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Greif's Other Current Assets and Non Currrent Assets Other is 0.42. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Currrent Assets Other 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 Other Current Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Greif Inc are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Current Assets i.e., Greif's Other Current Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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

0.970.650.720.90.810.570.960.930.691.00.850.80.780.830.79-0.650.970.620.58-0.820.980.690.770.860.81
0.970.60.670.770.790.471.00.820.60.970.710.690.760.770.69-0.530.990.520.58-0.730.990.660.720.890.74
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
0.970.990.630.690.760.810.530.990.820.630.970.740.690.770.810.71-0.60.550.6-0.730.990.640.740.860.77
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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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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.