Greenlight Net Income vs Operating Income Analysis

GLRE Stock

USD 13.26 0.15 1.14%

Greenlight Capital financial indicator trend analysis is much more than just examining Greenlight Capital latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greenlight Capital is a good investment. Please check the relationship between Greenlight Capital Net Income and its Operating Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenlight Capital Re. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenlight Capital Net Income account and Operating Income. At this time, the significance of the direction appears to have totally related.

The correlation between Greenlight Capital's Net Income and Operating Income is 1.0. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Greenlight Capital Re, assuming nothing else is changed. The correlation between historical values of Greenlight Capital's Net Income and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Greenlight Capital Re are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Income i.e., Greenlight Capital's Net Income and Operating Income go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Greenlight Capital financial statement analysis. It represents the amount of money remaining after all of Greenlight Capital Re operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Operating Income

Operating Income is the amount of profit realized from Greenlight Capital operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Greenlight Capital Re is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Greenlight Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Greenlight Capital 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 Greenlight Capital Re. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

The current year's Sales General And Administrative To Revenue is expected to grow to 0.04, whereas Selling General Administrative is forecasted to decline to about 20.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	571.3M	414.6M	244K	231.8K
Total Revenue	571.3M	414.6M	624.3M	408.3M

Gross Profit Total Revenue

Greenlight Capital fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Common Stock Total Equity	Short Term Investments	Other Stockholder Equity	Total Liab	Common Stock	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Total Current Assets	Total Current Liabilities	Other Current Assets	Short Long Term Debt Total	Property Plant Equipment	Property Plant And Equipment Net	Property Plant And Equipment Gross
Common Stock Shares Outstanding		0.64	-0.04	0.58	0.27	0.33	0.36	0.06	0.39	0.14	0.0	0.94	0.64	0.14	0.06	0.36	0.38	-0.46	0.43	0.08	0.27	0.07	-0.24	-0.11	0.0	-0.05
Total Assets	0.64		-0.2	0.93	0.47	0.85	0.84	-0.08	0.74	0.12	0.04	0.6	0.99	0.12	0.01	0.89	0.57	-0.28	0.0	-0.31	0.51	-0.52	-0.85	-0.05	0.04	0.39
Other Current Liab	-0.04	-0.2		0.06	0.31	0.05	-0.5	0.37	-0.39	-0.14	-0.39	0.0	-0.29	-0.14	-0.34	-0.2	-0.15	-0.2	0.22	0.33	0.63	0.2	0.3	0.14	0.13	0.07
Total Stockholder Equity	0.58	0.93	0.06		0.64	0.95	0.63	-0.04	0.7	0.16	-0.02	0.52	0.87	0.16	-0.04	0.83	0.44	-0.32	-0.07	-0.29	0.62	-0.5	-0.81	0.1	0.17	0.57
Other Liab	0.27	0.47	0.31	0.64		0.68	0.13	-0.07	0.46	0.32	-0.01	0.13	0.38	0.32	-0.02	0.38	-0.03	-0.19	-0.28	-0.19	0.46	-0.28	-0.5	0.49	0.51	0.7
Retained Earnings	0.33	0.85	0.05	0.95	0.68		0.61	-0.14	0.73	0.15	0.04	0.24	0.78	0.15	0.0	0.83	0.35	-0.21	-0.28	-0.41	0.6	-0.63	-0.88	0.19	0.22	0.7
Accounts Payable	0.36	0.84	-0.5	0.63	0.13	0.61		-0.31	0.75	0.05	0.29	0.35	0.89	0.05	0.22	0.85	0.63	-0.11	-0.19	-0.51	0.34	-0.65	-0.82	-0.3	-0.24	0.16
Cash	0.06	-0.08	0.37	-0.04	-0.07	-0.14	-0.31		-0.67	-0.08	-0.98	0.15	-0.09	-0.08	-0.97	-0.23	-0.21	0.14	0.73	0.89	0.07	0.55	0.22	0.13	0.18	-0.19
Other Assets	0.39	0.74	-0.39	0.7	0.46	0.73	0.75	-0.67		0.15	0.62	0.28	0.73	0.15	0.6	0.7	0.34	-0.25	-0.5	-0.74	0.27	-0.62	-0.75	-0.01	0.01	0.46
Common Stock Total Equity	0.14	0.12	-0.14	0.16	0.32	0.15	0.05	-0.08	0.15		0.07	-0.01	0.09	1.0	0.04	0.15	0.07	0.0	-0.38	-0.17	-0.1	-0.15	-0.27	0.11	0.12	0.32
Short Term Investments	0.0	0.04	-0.39	-0.02	-0.01	0.04	0.29	-0.98	0.62	0.07		-0.06	0.07	0.07	0.98	0.19	0.26	-0.08	-0.65	-0.85	-0.11	-0.49	-0.14	-0.17	-0.2	0.06
Other Stockholder Equity	0.94	0.6	0.0	0.52	0.13	0.24	0.35	0.15	0.28	-0.01	-0.06		0.61	-0.01	0.0	0.35	0.45	-0.42	0.51	0.12	0.32	0.11	-0.13	-0.21	-0.11	-0.18
Total Liab	0.64	0.99	-0.29	0.87	0.38	0.78	0.89	-0.09	0.73	0.09	0.07	0.61		0.09	0.03	0.88	0.6	-0.25	0.03	-0.31	0.46	-0.51	-0.83	-0.11	-0.02	0.29
Common Stock	0.14	0.12	-0.14	0.16	0.32	0.15	0.05	-0.08	0.15	1.0	0.07	-0.01	0.09		0.04	0.15	0.07	0.0	-0.38	-0.16	-0.1	-0.15	-0.27	0.12	0.12	0.32
Net Debt	0.06	0.01	-0.34	-0.04	-0.02	0.0	0.22	-0.97	0.6	0.04	0.98	0.0	0.03	0.04		0.12	0.2	-0.22	-0.58	-0.79	-0.11	-0.4	-0.05	-0.19	-0.22	0.04
Non Current Assets Total	0.36	0.89	-0.2	0.83	0.38	0.83	0.85	-0.23	0.7	0.15	0.19	0.35	0.88	0.15	0.12		0.77	-0.2	-0.27	-0.57	0.53	-0.83	-0.89	-0.19	-0.13	0.45
Non Currrent Assets Other	0.38	0.57	-0.15	0.44	-0.03	0.35	0.63	-0.21	0.34	0.07	0.26	0.45	0.6	0.07	0.2	0.77		-0.19	-0.06	-0.48	0.41	-0.7	-0.48	-0.44	-0.4	-0.01
Cash And Short Term Investments	-0.46	-0.28	-0.2	-0.32	-0.19	-0.21	-0.11	0.14	-0.25	0.0	-0.08	-0.42	-0.25	0.0	-0.22	-0.2	-0.19		-0.16	0.11	-0.31	0.05	0.04	0.33	0.28	-0.15
Net Receivables	0.43	0.0	0.22	-0.07	-0.28	-0.28	-0.19	0.73	-0.5	-0.38	-0.65	0.51	0.03	-0.38	-0.58	-0.27	-0.06	-0.16		0.83	0.04	0.65	0.39	0.03	0.11	-0.5
Total Current Assets	0.08	-0.31	0.33	-0.29	-0.19	-0.41	-0.51	0.89	-0.74	-0.17	-0.85	0.12	-0.31	-0.16	-0.79	-0.57	-0.48	0.11	0.83		-0.15	0.85	0.52	0.22	0.26	-0.37
Total Current Liabilities	0.27	0.51	0.63	0.62	0.46	0.6	0.34	0.07	0.27	-0.1	-0.11	0.32	0.46	-0.1	-0.11	0.53	0.41	-0.31	0.04	-0.15		-0.38	-0.39	-0.1	-0.08	0.2
Other Current Assets	0.07	-0.52	0.2	-0.5	-0.28	-0.63	-0.65	0.55	-0.62	-0.15	-0.49	0.11	-0.51	-0.15	-0.4	-0.83	-0.7	0.05	0.65	0.85	-0.38		0.75	0.18	0.2	-0.48
Short Long Term Debt Total	-0.24	-0.85	0.3	-0.81	-0.5	-0.88	-0.82	0.22	-0.75	-0.27	-0.14	-0.13	-0.83	-0.27	-0.05	-0.89	-0.48	0.04	0.39	0.52	-0.39	0.75		-0.02	-0.04	-0.55
Property Plant Equipment	-0.11	-0.05	0.14	0.1	0.49	0.19	-0.3	0.13	-0.01	0.11	-0.17	-0.21	-0.11	0.12	-0.19	-0.19	-0.44	0.33	0.03	0.22	-0.1	0.18	-0.02		0.97	0.4
Property Plant And Equipment Net	0.0	0.04	0.13	0.17	0.51	0.22	-0.24	0.18	0.01	0.12	-0.2	-0.11	-0.02	0.12	-0.22	-0.13	-0.4	0.28	0.11	0.26	-0.08	0.2	-0.04	0.97		0.42
Property Plant And Equipment Gross	-0.05	0.39	0.07	0.57	0.7	0.7	0.16	-0.19	0.46	0.32	0.06	-0.18	0.29	0.32	0.04	0.45	-0.01	-0.15	-0.5	-0.37	0.2	-0.48	-0.55	0.4	0.42

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Greenlight Capital Account Relationship Matchups

Greenlight Capital fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	36.1M	36.3M	34.4M	39.8M	34.8M	37.6M
Total Assets	1.4B	1.4B	1.4B	1.6B	1.7B	2.1B
Other Current Liab	(122.7M)	(92.2M)	(91.2M)	(105.1M)	635.2M	667.0M
Total Stockholder Equity	477.2M	464.9M	475.7M	503.1M	596.1M	723.3M
Other Liab	6.6M	5.0M	258.9M	284.4M	255.9M	272.8M
Retained Earnings	(30.1M)	(27.1M)	(9.5M)	21.2M	108.0M	154.7M
Accounts Payable	122.7M	92.2M	91.2M	105.1M	69.0M	65.5M
Cash	25.8M	8.9M	76.3M	38.2M	655.7M	688.5M
Other Assets	743.0M	745.4M	634.8M	788.1M	1.0	0.95
Common Stock Total Equity	3.7M	3.5M	3.4M	3.5M	3.1M	4.2M
Short Term Investments	152.1M	247.0M	183.6M	178.2M	(604.6M)	(574.4M)
Liabilities And Stockholders Equity	1.4B	1.4B	1.4B	1.6B	1.7B	2.1B
Other Stockholder Equity	503.5M	488.5M	481.8M	478.4M	484.5M	504.8M
Total Liab	878.0M	892.8M	951.8M	1.1B	1.1B	1.3B
Common Stock	3.7M	3.5M	3.4M	3.5M	3.5M	4.2M
Net Debt	67.7M	86.9M	21.8M	42.3M	(580.9M)	(551.9M)
Non Current Assets Total	308.3M	250.2M	299.9M	70.3M	417.2M	724.3M
Non Currrent Assets Other	864K	2.4M	3.0M	(84.8M)	83.6M	102.0M
Cash And Short Term Investments	25.8M	8.9M	76.3M	38.2M	51.1M	35.4M
Net Receivables	278.1M	353.2M	416.5M	518.8M	645.1M	677.3M
Total Current Assets	303.9M	362.1M	492.8M	722.0M	1.3B	1.3B
Total Current Liabilities	122.7M	92.2M	91.2M	80.5M	704.9M	442.4M
Other Current Assets	1.0B	1.1B	1.1B	1.2B	1.3B	1.3B
Short Long Term Debt Total	93.5M	95.8M	98.1M	80.5M	74.8M	74.5M
Net Tangible Assets	477.2M	464.9M	475.7M	503.1M	452.8M	584.7M
Long Term Debt	93.5M	100.3M	101.8M	102.4M	73.3M	68.3M
Retained Earnings Total Equity	(30.1M)	(27.1M)	(9.5M)	21.2M	19.1M	18.1M
Long Term Debt Total	93.5M	100.3M	101.8M	102.4M	117.8M	67.3M
Non Current Liabilities Total	93.5M	95.8M	98.1M	996.7M	391.4M	426.6M
Capital Surpluse	503.5M	488.5M	481.8M	478.4M	430.6M	395.3M
Long Term Investments	256.4M	196.2M	231.0M	248.5M	258.9M	245.9M
Non Current Liabilities Other	779.5M	792.5M	850.0M	974.8M	877.3M	1.1B
Intangible Assets	49.7M	51.0M	63.0M	82.4M	80.0M	50.3M

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When determining whether Greenlight Capital is a strong investment it is important to analyze Greenlight Capital's 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 Greenlight Capital's future performance. For an informed investment choice regarding Greenlight Stock, refer to the following important reports:

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenlight Capital Re. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running Greenlight Capital's price analysis, check to measure Greenlight Capital'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 Greenlight Capital is operating at the current time. Most of Greenlight Capital's value examination focuses on studying past and present price action to predict the probability of Greenlight Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenlight Capital's price. Additionally, you may evaluate how the addition of Greenlight Capital to your portfolios can decrease your overall portfolio volatility.

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Is Greenlight Capital'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 Greenlight Capital. If investors know Greenlight 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 Greenlight Capital 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

3.661

Earnings Share

3.11

Revenue Per Share

20.461

Quarterly Revenue Growth

0.286

Return On Assets

0.0415

The market value of Greenlight Capital is measured differently than its book value, which is the value of Greenlight that is recorded on the company's balance sheet. Investors also form their own opinion of Greenlight Capital's value that differs from its market value or its book value, called intrinsic value, which is Greenlight Capital'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 Greenlight Capital's market value can be influenced by many factors that don't directly affect Greenlight Capital'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 Greenlight Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenlight Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenlight Capital'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.

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Greenlight Net Income vs Operating Income Analysis

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

Correlation Coefficient

Net Income

Operating Income

Greenlight Capital fundamental ratios Correlations

Greenlight Capital Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Greenlight Capital fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 0.99	Total Assets
Net Debt	+ 0.98	Short Term Investments
Property Plant And Equipment Net	+ 0.97	Property Plant Equipment
Retained Earnings	+ 0.95	Total Stockholder Equity
Other Stockholder Equity	+ 0.94	Common Stock Shares Outstanding

Short Term Investments	- 0.98	Cash
Net Debt	- 0.97	Cash
Short Long Term Debt Total	- 0.89	Non Current Assets Total
Short Long Term Debt Total	- 0.88	Retained Earnings
Total Current Assets	- 0.85	Short Term Investments
Short Long Term Debt Total	- 0.85	Total Assets