Gfl Good Will vs Retained Earnings Analysis
GFL Stock | USD 32.45 0.54 1.69% |
Gfl Environmental financial indicator trend analysis is much more than just examining Gfl Environmental latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gfl Environmental is a good investment. Please check the relationship between Gfl Environmental Good Will and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gfl Environmental Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Good Will vs Retained Earnings
Good Will vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gfl Environmental Good Will account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Gfl Environmental's Good Will and Retained Earnings is -0.91. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Gfl Environmental Holdings, assuming nothing else is changed. The correlation between historical values of Gfl Environmental's Good Will and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Gfl Environmental Holdings are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Good Will i.e., Gfl Environmental's Good Will and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.91 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Gfl Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gfl Environmental 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 Gfl Environmental Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. At this time, Gfl Environmental's Tax Provision is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 22.94 this year, although the value of Discontinued Operations is projected to rise to (109.4 M).
2021 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.4B | 1.5B | 1.1B | Interest Income | 712.3M | 819.1M | 509.2M |
Gfl Environmental fundamental ratios Correlations
Click cells to compare fundamentals
Gfl Environmental Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gfl Environmental fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 12.3B | 15.7B | 18.4B | 19.8B | 20.7B | 15.9B | |
Short Long Term Debt Total | 7.8B | 7.7B | 8.3B | 9.6B | 9.3B | 8.1B | |
Other Current Liab | 35.5M | (93.2M) | (64.1M) | 816.9M | 822.3M | 863.4M | |
Total Current Liabilities | 865.1M | 1.2B | 1.5B | 2.7B | 1.8B | 1.4B | |
Total Stockholder Equity | 2.8B | 5.7B | 5.8B | 6.0B | 7.2B | 4.9B | |
Other Liab | 957.2M | 2.4B | 2.8B | 1.4B | 1.7B | 1.6B | |
Net Tangible Assets | (5.3B) | (3.9B) | (5.1B) | (5.4B) | (4.9B) | (5.1B) | |
Property Plant And Equipment Net | 2.9B | 5.1B | 6.0B | 6.5B | 7.0B | 4.9B | |
Net Debt | 7.2B | 7.7B | 8.1B | 9.6B | 9.1B | 7.9B | |
Retained Earnings | (770.3M) | (1.8B) | (2.5B) | (2.8B) | (2.8B) | (2.7B) | |
Accounts Payable | 732.0M | 1.0B | 1.3B | 1.6B | 711M | 982.8M | |
Cash | 574.8M | 27.2M | 190.4M | 82.1M | 135.7M | 159.9M | |
Non Current Assets Total | 10.9B | 14.7B | 16.9B | 18.4B | 19.2B | 14.7B | |
Non Currrent Assets Other | 31.7M | 33.2M | 36.3M | (777.6M) | 82.9M | 87.0M | |
Other Assets | 31.6M | 33.2M | 36.3M | 90.2M | 103.7M | 108.9M | |
Long Term Debt | 7.6B | 7.5B | 9.2B | 9.2B | 8.8B | 8.0B | |
Cash And Short Term Investments | 574.8M | 27.2M | 190.4M | 82.1M | 135.7M | 159.9M | |
Net Receivables | 713.4M | 867.3M | 1.1B | 1.1B | 1.1B | 920.0M | |
Good Will | 5.2B | 6.5B | 7.5B | 8.2B | 7.9B | 6.5B | |
Long Term Debt Total | 6.2B | 7.7B | 6.3B | 8.2B | 9.5B | 6.8B | |
Liabilities And Stockholders Equity | 12.3B | 15.7B | 18.4B | 19.8B | 20.7B | 15.9B | |
Non Current Liabilities Total | 8.7B | 8.9B | 11.1B | 11.0B | 11.5B | 9.6B | |
Capital Surpluse | 2.0M | 16.4M | 54.3M | 77.4M | 89.0M | 93.5M | |
Inventory | 50.5M | 57.4M | 82M | 84.2M | 98.2M | 68.9M | |
Other Current Assets | 50.5M | 76.3M | 88.6M | 182.9M | 123.4M | 92.4M | |
Other Stockholder Equity | 16.4M | 54.3M | 77.4M | 109.6M | 149.5M | 157.0M | |
Total Liab | 9.6B | 10.1B | 12.6B | 13.7B | 13.3B | 11.0B | |
Net Invested Capital | 10.4B | 13.3B | 15.1B | 15.3B | 16.0B | 13.0B | |
Property Plant And Equipment Gross | 2.9B | 5.1B | 7.9B | 9.4B | 10.6B | 6.2B | |
Short Long Term Debt | 71.4M | 76.6M | 86.9M | 17.9M | 15.5M | 14.7M | |
Total Current Assets | 1.4B | 1.0B | 1.5B | 1.4B | 1.5B | 1.2B | |
Accumulated Other Comprehensive Income | (2.7M) | (241.5M) | (253.7M) | 130.3M | 15.1M | 15.9M | |
Net Working Capital | 555.2M | (165.1M) | (26.7M) | (1.3B) | (325.4M) | (309.1M) | |
Short Term Debt | 97.5M | 101.3M | 68.1M | 69.4M | 69.3M | 73.6M | |
Intangible Assets | 2.8B | 3.1B | 3.3B | 3.2B | 3.1B | 3.0B | |
Common Stock | 3.5B | 7.6B | 8.5B | 8.6B | 9.8B | 6.7B | |
Property Plant Equipment | 2.9B | 5.1B | 6.0B | 6.5B | 7.5B | 4.4B |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Gfl Environmental using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gfl Environmental Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Gfl Environmental information on this page should be used as a complementary analysis to other Gfl Environmental's 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Gfl Stock analysis
When running Gfl Environmental's price analysis, check to measure Gfl Environmental's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gfl Environmental is operating at the current time. Most of Gfl Environmental's value examination focuses on studying past and present price action to predict the probability of Gfl Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gfl Environmental's price. Additionally, you may evaluate how the addition of Gfl Environmental to your portfolios can decrease your overall portfolio volatility.
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |
Is Gfl Environmental's 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 Gfl Environmental. If investors know Gfl 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 Gfl Environmental 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 4.972 | Dividend Share 0.051 | Revenue Per Share 21.468 | Quarterly Revenue Growth 0.001 | Return On Assets 0.0116 |
The market value of Gfl Environmental is measured differently than its book value, which is the value of Gfl that is recorded on the company's balance sheet. Investors also form their own opinion of Gfl Environmental's value that differs from its market value or its book value, called intrinsic value, which is Gfl Environmental's 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 Gfl Environmental's market value can be influenced by many factors that don't directly affect Gfl Environmental's 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 Gfl Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gfl Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gfl Environmental'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.