GreenPower Non Current Assets Total vs Long Term Debt Analysis

GP Stock  USD 1.18  0.02  1.67%   
GreenPower financial indicator trend analysis is much more than just examining GreenPower Motor latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GreenPower Motor is a good investment. Please check the relationship between GreenPower Non Current Assets Total and its Long Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GreenPower Motor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Non Current Assets Total vs Long Term Debt

Non Current Assets Total vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GreenPower Motor Non Current Assets Total account and Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between GreenPower's Non Current Assets Total and Long Term Debt is -0.07. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of GreenPower Motor, assuming nothing else is changed. The correlation between historical values of GreenPower's Non Current Assets Total and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of GreenPower Motor are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Non Current Assets Total i.e., GreenPower's Non Current Assets Total and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Long Term Debt

Long-term debt is a debt that GreenPower Motor has held for over one year. Long-term debt appears on GreenPower Motor balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on GreenPower Motor balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from GreenPower's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GreenPower Motor 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 GreenPower Motor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
At this time, GreenPower's Selling General Administrative is relatively stable compared to the past year. As of 05/31/2024, Issuance Of Capital Stock is likely to grow to about 10.3 M, while Sales General And Administrative To Revenue is likely to drop 0.45.
 2021 2022 2023 2024 (projected)
Cost Of Revenue13.4M32.4M37.3M39.2M
Research Development1.4M2.1M2.4M2.5M

GreenPower fundamental ratios Correlations

0.920.6-0.970.180.95-0.140.180.910.991.00.70.930.960.370.920.930.920.980.990.820.930.950.89-0.690.85
0.920.26-0.870.470.83-0.230.470.810.940.930.550.720.820.510.70.760.730.860.960.550.740.780.66-0.520.59
0.60.26-0.64-0.580.660.13-0.580.60.540.590.60.830.670.070.850.750.750.70.510.90.780.760.88-0.60.89
-0.97-0.87-0.64-0.15-0.960.03-0.15-0.94-0.94-0.96-0.71-0.9-0.9-0.41-0.91-0.92-0.87-0.95-0.96-0.85-0.88-0.92-0.90.54-0.87
0.180.47-0.58-0.150.190.11.00.180.220.18-0.09-0.120.10.02-0.13-0.01-0.050.010.27-0.17-0.13-0.07-0.170.08-0.15
0.950.830.66-0.960.190.090.190.950.920.940.70.910.920.270.920.950.880.920.940.890.870.930.91-0.660.91
-0.14-0.230.130.030.10.090.10.03-0.21-0.18-0.28-0.1-0.16-0.13-0.04-0.1-0.2-0.2-0.170.2-0.23-0.190.080.180.13
0.180.47-0.58-0.151.00.190.10.180.220.18-0.09-0.120.10.02-0.13-0.01-0.050.010.27-0.17-0.13-0.07-0.170.08-0.15
0.910.810.6-0.940.180.950.030.180.870.890.760.850.830.360.860.910.820.880.910.820.810.870.84-0.60.83
0.990.940.54-0.940.220.92-0.210.220.870.990.680.90.950.370.890.910.910.970.990.770.920.940.85-0.680.8
1.00.930.59-0.960.180.94-0.180.180.890.990.690.930.960.380.910.920.920.990.990.80.930.950.88-0.690.84
0.70.550.6-0.71-0.090.7-0.28-0.090.760.680.690.740.70.150.740.780.750.730.670.670.750.760.69-0.580.7
0.930.720.83-0.9-0.120.91-0.1-0.120.850.90.930.740.970.181.00.960.980.970.880.940.990.980.98-0.760.95
0.960.820.67-0.90.10.92-0.160.10.830.950.960.70.970.120.950.950.980.960.930.860.970.970.91-0.770.89
0.370.510.07-0.410.020.27-0.130.020.360.370.380.150.180.120.160.170.070.380.430.090.20.240.220.00.1
0.920.70.85-0.91-0.130.92-0.04-0.130.860.890.910.741.00.950.160.960.970.950.870.960.970.970.99-0.750.97
0.930.760.75-0.92-0.010.95-0.1-0.010.910.910.920.780.960.950.170.960.960.940.90.90.950.980.93-0.740.93
0.920.730.75-0.87-0.050.88-0.2-0.050.820.910.920.750.980.980.070.970.960.950.880.880.980.980.92-0.790.91
0.980.860.7-0.950.010.92-0.20.010.880.970.990.730.970.960.380.950.940.950.960.850.970.980.93-0.720.88
0.990.960.51-0.960.270.94-0.170.270.910.990.990.670.880.930.430.870.90.880.960.760.880.920.84-0.650.79
0.820.550.9-0.85-0.170.890.2-0.170.820.770.80.670.940.860.090.960.90.880.850.760.880.890.98-0.681.0
0.930.740.78-0.88-0.130.87-0.23-0.130.810.920.930.750.990.970.20.970.950.980.970.880.880.990.94-0.770.9
0.950.780.76-0.92-0.070.93-0.19-0.070.870.940.950.760.980.970.240.970.980.980.980.920.890.990.94-0.760.91
0.890.660.88-0.9-0.170.910.08-0.170.840.850.880.690.980.910.220.990.930.920.930.840.980.940.94-0.710.98
-0.69-0.52-0.60.540.08-0.660.180.08-0.6-0.68-0.69-0.58-0.76-0.770.0-0.75-0.74-0.79-0.72-0.65-0.68-0.77-0.76-0.71-0.71
0.850.590.89-0.87-0.150.910.13-0.150.830.80.840.70.950.890.10.970.930.910.880.791.00.90.910.98-0.71
Click cells to compare fundamentals

GreenPower Account Relationship Matchups

GreenPower fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.2M39.6M49.6M63.5M73.1M76.7M
Total Stockholder Equity(1.2M)36.2M34.4M27.7M31.8M33.4M
Net Debt11.9M(14.0M)5.0M15.1M17.4M18.3M
Retained Earnings(23.9M)(31.6M)(46.4M)(60.8M)(54.7M)(52.0M)
Cash299.7K15.1M884.8K600.4K690.5K655.9K
Non Current Assets Total5.1M6.7M6.5M9.4M10.8M11.3M
Non Currrent Assets Other1.1M463.4K5.2K(1.3K)(1.5K)(1.4K)
Cash And Short Term Investments299.7K15.1M884.8K600.4K690.5K655.9K
Common Stock Shares Outstanding15.2M18.1M21.9M23.5M27.1M28.4M
Liabilities And Stockholders Equity13.2M39.6M49.6M63.5M73.1M76.7M
Other Stockholder Equity379.5K8.5M9.9M12.9M14.9M15.6M
Total Current Assets8.1M32.9M43.1M54.2M62.3M65.4M
Other Current Liab121.9K101.3K316.6K535.5K615.8K646.6K
Total Current Liabilities7.4M2.1M11.5M26.5M30.5M32.0M
Net Receivables1.1M4.8M3.5M11.6M13.4M14.0M
Other Current Assets174.0K534.9K6.5M328.6K377.9K718.4K
Total Liab14.4M3.5M15.2M35.9M41.2M43.3M
Property Plant And Equipment Net2.4M2.5M3.6M7.5M8.6M9.0M
Accounts Payable1.0M1.3M1.7M7.3M8.4M8.9M
Inventory6.6M12.5M32.3M41.6M47.9M50.2M
Accumulated Other Comprehensive Income5.4M6.6M9.9M12.9M14.9M15.6M
Common Stock16.9M61.2M70.8M75.5M86.9M91.2M
Short Long Term Debt Total12.2M1.1M5.9M15.7M18.1M19.0M
Current Deferred Revenue426.2K125.0K3.6M8.1M9.3M9.7M
Property Plant And Equipment Gross2.4M2.5M6.2M10.7M12.3M12.9M
Short Term Debt5.8M612.2K5.9M10.6M12.2M12.8M
Non Current Liabilities Total7.0M1.3M3.7M9.4M10.8M11.3M
Net Tangible Assets(1.2M)36.2M34.4M27.7M31.8M15.9M
Other Assets2.7M4.2M(1.0)1.9M2.2M1.9M
Long Term Debt4.1M6.0M365.3K608.8K547.9K520.5K
Short Long Term Debt5.5M346.2K5.8M9.9M11.4M12.0M
Non Current Liabilities Other251.9K573.2K42.8K34.3K39.4K37.4K
Property Plant Equipment2.4M2.5M3.6M7.5M8.6M9.0M
Other Liab573.2K848.5K3.7M4.2M4.8M5.1M
Net Invested Capital10.4M36.9M40.2M38.2M43.9M25.9M
Net Working Capital743.1K30.8M31.6M27.7M31.8M17.0M
Capital Lease Obligations659.1K386.7K120.6K5.2M6.0M6.3M
Capital Stock16.9M61.2M70.8M75.5M86.9M52.2M

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When determining whether GreenPower Motor is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if GreenPower Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Greenpower Motor Stock. Highlighted below are key reports to facilitate an investment decision about Greenpower Motor Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GreenPower Motor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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Is GreenPower'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 GreenPower. If investors know GreenPower 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 GreenPower listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.62)
Revenue Per Share
1.995
Quarterly Revenue Growth
(0.36)
Return On Assets
(0.15)
Return On Equity
(0.69)
The market value of GreenPower Motor is measured differently than its book value, which is the value of GreenPower that is recorded on the company's balance sheet. Investors also form their own opinion of GreenPower's value that differs from its market value or its book value, called intrinsic value, which is GreenPower'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 GreenPower's market value can be influenced by many factors that don't directly affect GreenPower'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 GreenPower's value and its price as these two are different measures arrived at by different means. Investors typically determine if GreenPower is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GreenPower'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.