GreenPower Property Plant Equipment vs Net 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 Property Plant Equipment and its Net 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.

Property Plant Equipment vs Net Debt

Property Plant Equipment vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GreenPower Motor Property Plant Equipment account and Net Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between GreenPower's Property Plant Equipment and Net Debt is 0.73. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net 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 Property Plant Equipment and Net 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 Property Plant Equipment of GreenPower Motor are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Property Plant Equipment i.e., GreenPower's Property Plant Equipment and Net Debt go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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

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

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for GreenPower Stock analysis

When running GreenPower's price analysis, check to measure GreenPower'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 GreenPower is operating at the current time. Most of GreenPower's value examination focuses on studying past and present price action to predict the probability of GreenPower's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GreenPower's price. Additionally, you may evaluate how the addition of GreenPower to your portfolios can decrease your overall portfolio volatility.
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
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.