GreenPower Non Current Liabilities Total vs Return On Assets Analysis

GP Stock

USD 1.14 0.05 4.20%

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 Liabilities Total and its Return On Assets 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 Liabilities Total vs Return On Assets

Non Current Liabilities Total vs Return On Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GreenPower Motor Non Current Liabilities Total account and Return On Assets. At this time, the significance of the direction appears to have weak relationship.

The correlation between GreenPower's Non Current Liabilities Total and Return On Assets is 0.3. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Return On Assets 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 Liabilities Total and Return On 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 Non Current Liabilities Total of GreenPower Motor are associated (or correlated) with its Return On Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Return On Assets has no effect on the direction of Non Current Liabilities Total i.e., GreenPower's Non Current Liabilities Total and Return On Assets go up and down completely randomly.

Correlation Coefficient

0.3

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Non Current Liabilities Total

Return On Assets

A profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets.

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 06/05/2024, 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 Revenue	13.4M	32.4M	37.3M	39.2M
Research Development	1.4M	2.1M	2.4M	2.5M

Cost Of Revenue Research Development

GreenPower fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Current Assets	Other Current Liab	Total Current Liabilities	Net Receivables	Other Current Assets	Total Liab	Property Plant And Equipment Net	Accounts Payable	Inventory	Common Stock	Short Long Term Debt Total	Current Deferred Revenue	Property Plant And Equipment Gross	Short Term Debt	Short Term Investments	Non Current Liabilities Total
Total Assets		0.92	0.6	-0.97	0.18	0.95	-0.14	0.18	0.91	0.99	1.0	0.7	0.93	0.96	0.37	0.92	0.93	0.92	0.98	0.99	0.82	0.93	0.95	0.89	-0.69	0.85
Total Stockholder Equity	0.92		0.26	-0.87	0.47	0.83	-0.23	0.47	0.81	0.94	0.93	0.55	0.72	0.82	0.51	0.7	0.76	0.73	0.86	0.96	0.55	0.74	0.78	0.66	-0.52	0.59
Net Debt	0.6	0.26		-0.64	-0.58	0.66	0.13	-0.58	0.6	0.54	0.59	0.6	0.83	0.67	0.07	0.85	0.75	0.75	0.7	0.51	0.9	0.78	0.76	0.88	-0.6	0.89
Retained Earnings	-0.97	-0.87	-0.64		-0.15	-0.96	0.03	-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	-0.9	0.54	-0.87
Cash	0.18	0.47	-0.58	-0.15		0.19	0.1	1.0	0.18	0.22	0.18	-0.09	-0.12	0.1	0.02	-0.13	-0.01	-0.05	0.01	0.27	-0.17	-0.13	-0.07	-0.17	0.08	-0.15
Non Current Assets Total	0.95	0.83	0.66	-0.96	0.19		0.09	0.19	0.95	0.92	0.94	0.7	0.91	0.92	0.27	0.92	0.95	0.88	0.92	0.94	0.89	0.87	0.93	0.91	-0.66	0.91
Non Currrent Assets Other	-0.14	-0.23	0.13	0.03	0.1	0.09		0.1	0.03	-0.21	-0.18	-0.28	-0.1	-0.16	-0.13	-0.04	-0.1	-0.2	-0.2	-0.17	0.2	-0.23	-0.19	0.08	0.18	0.13
Cash And Short Term Investments	0.18	0.47	-0.58	-0.15	1.0	0.19	0.1		0.18	0.22	0.18	-0.09	-0.12	0.1	0.02	-0.13	-0.01	-0.05	0.01	0.27	-0.17	-0.13	-0.07	-0.17	0.08	-0.15
Common Stock Shares Outstanding	0.91	0.81	0.6	-0.94	0.18	0.95	0.03	0.18		0.87	0.89	0.76	0.85	0.83	0.36	0.86	0.91	0.82	0.88	0.91	0.82	0.81	0.87	0.84	-0.6	0.83
Other Stockholder Equity	0.99	0.94	0.54	-0.94	0.22	0.92	-0.21	0.22	0.87		0.99	0.68	0.9	0.95	0.37	0.89	0.91	0.91	0.97	0.99	0.77	0.92	0.94	0.85	-0.68	0.8
Total Current Assets	1.0	0.93	0.59	-0.96	0.18	0.94	-0.18	0.18	0.89	0.99		0.69	0.93	0.96	0.38	0.91	0.92	0.92	0.99	0.99	0.8	0.93	0.95	0.88	-0.69	0.84
Other Current Liab	0.7	0.55	0.6	-0.71	-0.09	0.7	-0.28	-0.09	0.76	0.68	0.69		0.74	0.7	0.15	0.74	0.78	0.75	0.73	0.67	0.67	0.75	0.76	0.69	-0.58	0.7
Total Current Liabilities	0.93	0.72	0.83	-0.9	-0.12	0.91	-0.1	-0.12	0.85	0.9	0.93	0.74		0.97	0.18	1.0	0.96	0.98	0.97	0.88	0.94	0.99	0.98	0.98	-0.76	0.95
Net Receivables	0.96	0.82	0.67	-0.9	0.1	0.92	-0.16	0.1	0.83	0.95	0.96	0.7	0.97		0.12	0.95	0.95	0.98	0.96	0.93	0.86	0.97	0.97	0.91	-0.77	0.89
Other Current Assets	0.37	0.51	0.07	-0.41	0.02	0.27	-0.13	0.02	0.36	0.37	0.38	0.15	0.18	0.12		0.16	0.17	0.07	0.38	0.43	0.09	0.2	0.24	0.22	0.0	0.1
Total Liab	0.92	0.7	0.85	-0.91	-0.13	0.92	-0.04	-0.13	0.86	0.89	0.91	0.74	1.0	0.95	0.16		0.96	0.97	0.95	0.87	0.96	0.97	0.97	0.99	-0.75	0.97
Property Plant And Equipment Net	0.93	0.76	0.75	-0.92	-0.01	0.95	-0.1	-0.01	0.91	0.91	0.92	0.78	0.96	0.95	0.17	0.96		0.96	0.94	0.9	0.9	0.95	0.98	0.93	-0.74	0.93
Accounts Payable	0.92	0.73	0.75	-0.87	-0.05	0.88	-0.2	-0.05	0.82	0.91	0.92	0.75	0.98	0.98	0.07	0.97	0.96		0.95	0.88	0.88	0.98	0.98	0.92	-0.79	0.91
Inventory	0.98	0.86	0.7	-0.95	0.01	0.92	-0.2	0.01	0.88	0.97	0.99	0.73	0.97	0.96	0.38	0.95	0.94	0.95		0.96	0.85	0.97	0.98	0.93	-0.72	0.88
Common Stock	0.99	0.96	0.51	-0.96	0.27	0.94	-0.17	0.27	0.91	0.99	0.99	0.67	0.88	0.93	0.43	0.87	0.9	0.88	0.96		0.76	0.88	0.92	0.84	-0.65	0.79
Short Long Term Debt Total	0.82	0.55	0.9	-0.85	-0.17	0.89	0.2	-0.17	0.82	0.77	0.8	0.67	0.94	0.86	0.09	0.96	0.9	0.88	0.85	0.76		0.88	0.89	0.98	-0.68	1.0
Current Deferred Revenue	0.93	0.74	0.78	-0.88	-0.13	0.87	-0.23	-0.13	0.81	0.92	0.93	0.75	0.99	0.97	0.2	0.97	0.95	0.98	0.97	0.88	0.88		0.99	0.94	-0.77	0.9
Property Plant And Equipment Gross	0.95	0.78	0.76	-0.92	-0.07	0.93	-0.19	-0.07	0.87	0.94	0.95	0.76	0.98	0.97	0.24	0.97	0.98	0.98	0.98	0.92	0.89	0.99		0.94	-0.76	0.91
Short Term Debt	0.89	0.66	0.88	-0.9	-0.17	0.91	0.08	-0.17	0.84	0.85	0.88	0.69	0.98	0.91	0.22	0.99	0.93	0.92	0.93	0.84	0.98	0.94	0.94		-0.71	0.98
Short Term Investments	-0.69	-0.52	-0.6	0.54	0.08	-0.66	0.18	0.08	-0.6	-0.68	-0.69	-0.58	-0.76	-0.77	0.0	-0.75	-0.74	-0.79	-0.72	-0.65	-0.68	-0.77	-0.76	-0.71		-0.71
Non Current Liabilities Total	0.85	0.59	0.89	-0.87	-0.15	0.91	0.13	-0.15	0.83	0.8	0.84	0.7	0.95	0.89	0.1	0.97	0.93	0.91	0.88	0.79	1.0	0.9	0.91	0.98	-0.71

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GreenPower Account Relationship Matchups

GreenPower fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.2M	39.6M	49.6M	63.5M	73.1M	76.7M
Total Stockholder Equity	(1.2M)	36.2M	34.4M	27.7M	31.8M	33.4M
Net Debt	11.9M	(14.0M)	5.0M	15.1M	17.4M	18.3M
Retained Earnings	(23.9M)	(31.6M)	(46.4M)	(60.8M)	(54.7M)	(52.0M)
Cash	299.7K	15.1M	884.8K	600.4K	690.5K	655.9K
Non Current Assets Total	5.1M	6.7M	6.5M	9.4M	10.8M	11.3M
Non Currrent Assets Other	1.1M	463.4K	5.2K	(1.3K)	(1.5K)	(1.4K)
Cash And Short Term Investments	299.7K	15.1M	884.8K	600.4K	690.5K	655.9K
Common Stock Shares Outstanding	15.2M	18.1M	21.9M	23.5M	27.1M	28.4M
Liabilities And Stockholders Equity	13.2M	39.6M	49.6M	63.5M	73.1M	76.7M
Other Stockholder Equity	379.5K	8.5M	9.9M	12.9M	14.9M	15.6M
Total Current Assets	8.1M	32.9M	43.1M	54.2M	62.3M	65.4M
Other Current Liab	121.9K	101.3K	316.6K	535.5K	615.8K	646.6K
Total Current Liabilities	7.4M	2.1M	11.5M	26.5M	30.5M	32.0M
Net Receivables	1.1M	4.8M	3.5M	11.6M	13.4M	14.0M
Other Current Assets	174.0K	534.9K	6.5M	328.6K	377.9K	718.4K
Total Liab	14.4M	3.5M	15.2M	35.9M	41.2M	43.3M
Property Plant And Equipment Net	2.4M	2.5M	3.6M	7.5M	8.6M	9.0M
Accounts Payable	1.0M	1.3M	1.7M	7.3M	8.4M	8.9M
Inventory	6.6M	12.5M	32.3M	41.6M	47.9M	50.2M
Accumulated Other Comprehensive Income	5.4M	6.6M	9.9M	12.9M	14.9M	15.6M
Common Stock	16.9M	61.2M	70.8M	75.5M	86.9M	91.2M
Short Long Term Debt Total	12.2M	1.1M	5.9M	15.7M	18.1M	19.0M
Current Deferred Revenue	426.2K	125.0K	3.6M	8.1M	9.3M	9.7M
Property Plant And Equipment Gross	2.4M	2.5M	6.2M	10.7M	12.3M	12.9M
Short Term Debt	5.8M	612.2K	5.9M	10.6M	12.2M	12.8M
Non Current Liabilities Total	7.0M	1.3M	3.7M	9.4M	10.8M	11.3M
Net Tangible Assets	(1.2M)	36.2M	34.4M	27.7M	31.8M	15.9M
Other Assets	2.7M	4.2M	(1.0)	1.9M	2.2M	1.9M
Long Term Debt	4.1M	6.0M	365.3K	608.8K	547.9K	520.5K
Short Long Term Debt	5.5M	346.2K	5.8M	9.9M	11.4M	12.0M
Non Current Liabilities Other	251.9K	573.2K	42.8K	34.3K	39.4K	37.4K
Property Plant Equipment	2.4M	2.5M	3.6M	7.5M	8.6M	9.0M
Other Liab	573.2K	848.5K	3.7M	4.2M	4.8M	5.1M
Net Invested Capital	10.4M	36.9M	40.2M	38.2M	43.9M	25.9M
Net Working Capital	743.1K	30.8M	31.6M	27.7M	31.8M	17.0M
Capital Lease Obligations	659.1K	386.7K	120.6K	5.2M	6.0M	6.3M
Capital Stock	16.9M	61.2M	70.8M	75.5M	86.9M	52.2M

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GreenPower Non Current Liabilities Total vs Return On Assets Analysis

Non Current Liabilities Total vs Return On Assets

Non Current Liabilities Total vs Return On Assets Correlation Analysis

Correlation Coefficient

Non Current Liabilities Total

Return On Assets

GreenPower fundamental ratios Correlations

GreenPower Account Relationship Matchups

High Positive Relationship

High Negative Relationship

GreenPower fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Tools for GreenPower Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Total Current Liabilities
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Other Stockholder Equity	+ 0.99	Total Assets
Common Stock	+ 0.99	Total Assets

Retained Earnings	- 0.97	Total Assets
Common Stock	- 0.96	Retained Earnings
Total Current Assets	- 0.96	Retained Earnings
Non Current Assets Total	- 0.96	Retained Earnings
Inventory	- 0.95	Retained Earnings
Other Stockholder Equity	- 0.94	Retained Earnings