Greif Accumulated Depreciation vs Total Current Assets Analysis

GEF Stock  USD 62.90  0.62  1.00%   
Greif Bros financial indicator trend analysis is much more than just examining Greif Bros latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greif Bros is a good investment. Please check the relationship between Greif Bros Accumulated Depreciation and its Total Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greif Bros. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more detail on how to invest in Greif Stock please use our How to Invest in Greif Bros guide.

Accumulated Depreciation vs Total Current Assets

Accumulated Depreciation vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greif Bros Accumulated Depreciation account and Total Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Greif Bros' Accumulated Depreciation and Total Current Assets is -0.76. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Greif Bros, assuming nothing else is changed. The correlation between historical values of Greif Bros' Accumulated Depreciation and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accumulated Depreciation of Greif Bros are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Accumulated Depreciation i.e., Greif Bros' Accumulated Depreciation and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.76
Relationship DirectionNegative 
Relationship StrengthWeak

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for Greif Bros fixed asset that has been charged to Greif Bros expense since that asset was acquired and made available for Greif Bros use. The accumulated depreciation account is Greif Bros asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Greif Bros.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Greif Bros' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Greif Bros 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 Bros. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more detail on how to invest in Greif Stock please use our How to Invest in Greif Bros guide.At this time, Greif Bros' Enterprise Value Multiple is most likely to increase slightly in the upcoming years. The Greif Bros' current Enterprise Value is estimated to increase to about 5.6 B, while Selling General Administrative is projected to decrease to roughly 348 M.
 2021 2022 2023 2024 (projected)
Interest Expense61.2M96.3M110.7M65.3M
Depreciation And Amortization290.9M230.6M265.2M278.4M

Greif Bros fundamental ratios Correlations

0.970.650.720.90.810.570.960.930.691.00.850.80.780.80.790.970.620.58-0.820.980.690.770.860.940.79
0.970.60.670.770.790.471.00.820.60.970.710.690.760.740.690.990.520.58-0.730.990.660.720.890.850.68
0.650.60.970.490.910.860.60.510.950.610.520.360.910.880.550.630.930.76-0.340.70.760.950.620.60.34
0.720.670.970.570.930.790.670.580.980.690.540.440.960.880.580.690.930.71-0.420.760.860.980.740.650.42
0.90.770.490.570.650.480.750.980.580.890.930.90.590.660.80.760.530.43-0.870.790.580.630.70.90.89
0.810.790.910.930.650.810.790.680.890.80.650.540.930.930.680.810.810.8-0.60.840.770.960.740.750.53
0.570.470.860.790.480.810.450.540.810.540.650.440.710.90.660.530.810.74-0.440.590.470.80.380.660.41
0.961.00.60.670.750.790.450.80.60.960.690.650.760.730.660.990.520.58-0.710.980.660.720.890.830.65
0.930.820.510.580.980.680.540.80.590.920.940.940.630.740.840.820.510.48-0.930.840.580.650.710.960.93
0.690.60.950.980.580.890.810.60.590.640.570.460.940.880.590.630.960.63-0.430.70.840.970.660.640.44
1.00.970.610.690.890.80.540.960.920.640.840.80.740.780.780.970.570.57-0.830.980.650.740.860.930.79
0.850.710.520.540.930.650.650.690.940.570.840.870.550.730.840.740.550.42-0.870.760.440.60.540.930.85
0.80.690.360.440.90.540.440.650.940.460.80.870.480.640.790.690.330.38-0.930.70.470.520.60.91.0
0.780.760.910.960.590.930.710.760.630.940.740.550.480.880.590.770.870.65-0.50.810.910.980.750.680.46
0.80.740.880.880.660.930.90.730.740.880.780.730.640.880.760.780.790.77-0.660.820.70.920.640.840.62
0.790.690.550.580.80.680.660.660.840.590.780.840.790.590.760.710.530.54-0.730.730.450.640.570.860.78
0.970.990.630.690.760.810.530.990.820.630.970.740.690.770.780.710.550.6-0.730.990.640.740.860.870.68
0.620.520.930.930.530.810.810.520.510.960.570.550.330.870.790.530.550.57-0.30.630.770.910.570.560.31
0.580.580.760.710.430.80.740.580.480.630.570.420.380.650.770.540.60.57-0.420.620.480.740.570.570.36
-0.82-0.73-0.34-0.42-0.87-0.6-0.44-0.71-0.93-0.43-0.83-0.87-0.93-0.5-0.66-0.73-0.73-0.3-0.42-0.73-0.41-0.52-0.58-0.9-0.93
0.980.990.70.760.790.840.590.980.840.70.980.760.70.810.820.730.990.630.62-0.730.70.790.880.890.69
0.690.660.760.860.580.770.470.660.580.840.650.440.470.910.70.450.640.770.48-0.410.70.870.750.550.46
0.770.720.950.980.630.960.80.720.650.970.740.60.520.980.920.640.740.910.74-0.520.790.870.720.710.5
0.860.890.620.740.70.740.380.890.710.660.860.540.60.750.640.570.860.570.57-0.580.880.750.720.720.6
0.940.850.60.650.90.750.660.830.960.640.930.930.90.680.840.860.870.560.57-0.90.890.550.710.720.89
0.790.680.340.420.890.530.410.650.930.440.790.851.00.460.620.780.680.310.36-0.930.690.460.50.60.89
Click cells to compare fundamentals

Greif Bros Account Relationship Matchups

Greif Bros 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 Equity162.6M170.2M179.3M173.5M199.5M139.3M
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 Stock170.2M179.3M173.5M208.4M239.7M251.6M
Cash105.9M124.6M147.1M180.9M208.0M218.4M
Intangible Assets715.3M648.4M576.2M792.2M911.0M956.6M
Good Will1.5B1.5B1.5B1.7B1.9B2.0B
Other Liab685.6M607.7M553.6M520.4M598.5M356.6M
Other Assets4.8B4.9B1.9B223.1M256.6M243.7M
Long Term Debt2.3B2.1B1.8B2.1B2.4B2.6B
Treasury Stock(135.4M)(134.8M)(134.4M)(134.1M)(120.7M)(126.7M)
Property Plant Equipment1.5B1.8B1.7B1.9B2.2B1.3B
Noncontrolling Interest In Consolidated Entity58M48.5M61.3M33M29.7M28.2M
Retained Earnings Total Equity1.5B1.5B1.8B2.1B2.4B1.5B
Deferred Long Term Liab339.2M318M343.6M3.5M4.0M3.8M

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When determining whether Greif Bros is a strong investment it is important to analyze Greif Bros' 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 Greif Bros' future performance. For an informed investment choice regarding Greif 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 Greif Bros. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more detail on how to invest in Greif Stock please use our How to Invest in Greif Bros guide.
Note that the Greif Bros information on this page should be used as a complementary analysis to other Greif Bros' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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Is Greif Bros' industry 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 Greif Bros. If investors know Greif 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 Greif Bros listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.24)
Dividend Share
2.06
Earnings Share
5.78
Revenue Per Share
109.793
Quarterly Revenue Growth
(0.05)
The market value of Greif Bros is measured differently than its book value, which is the value of Greif that is recorded on the company's balance sheet. Investors also form their own opinion of Greif Bros' value that differs from its market value or its book value, called intrinsic value, which is Greif Bros' 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 Greif Bros' market value can be influenced by many factors that don't directly affect Greif Bros' 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 Greif Bros' value and its price as these two are different measures arrived at by different means. Investors typically determine if Greif Bros is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greif Bros' 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.