Graphex Good Will vs Property Plant Equipment Analysis

GRFX Stock  USD 0.17  0.02  10.53%   
Graphex Group financial indicator trend analysis is much more than just examining Graphex Group Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Graphex Group Limited is a good investment. Please check the relationship between Graphex Group Good Will and its Property Plant Equipment accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Graphex Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Good Will vs Property Plant Equipment

Good Will vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Graphex Group Limited Good Will account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Graphex Group's Good Will and Property Plant Equipment is 0.82. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Graphex Group Limited, assuming nothing else is changed. The correlation between historical values of Graphex Group's Good Will and Property Plant Equipment 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 Graphex Group Limited are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Good Will i.e., Graphex Group's Good Will and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Property Plant Equipment

Most indicators from Graphex Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Graphex Group Limited 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 Graphex Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Issuance Of Capital Stock is likely to rise to about 103.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 127.8 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense59.7M45.4M23.7M21.8M
Depreciation And Amortization66.9M60.0M52.8M31.4M

Graphex Group fundamental ratios Correlations

0.970.050.930.630.950.740.98-0.770.77-0.671.0-0.85-0.15-0.650.720.68-0.180.940.950.90.70.980.710.910.99
0.97-0.050.860.450.990.760.99-0.670.72-0.590.96-0.86-0.11-0.590.590.53-0.150.990.950.890.580.990.680.870.97
0.05-0.050.29-0.02-0.03-0.120.03-0.15-0.19-0.430.070.0-0.43-0.430.410.0-0.3-0.030.210.120.060.070.01-0.030.07
0.930.860.290.620.830.680.9-0.840.7-0.790.93-0.74-0.02-0.750.740.73-0.240.80.920.860.730.90.590.890.92
0.630.45-0.020.620.380.360.46-0.770.65-0.490.63-0.41-0.12-0.430.710.87-0.120.350.470.50.840.450.530.680.61
0.950.99-0.030.830.380.730.99-0.60.68-0.580.95-0.86-0.13-0.570.560.46-0.161.00.940.870.50.990.650.810.95
0.740.76-0.120.680.360.730.76-0.670.72-0.610.76-0.60.15-0.620.370.6-0.330.720.70.520.560.740.230.780.75
0.980.990.030.90.460.990.76-0.670.7-0.670.98-0.88-0.12-0.650.620.54-0.170.980.960.90.571.00.640.860.98
-0.77-0.67-0.15-0.84-0.77-0.6-0.67-0.67-0.870.68-0.770.42-0.070.74-0.68-0.890.33-0.56-0.69-0.63-0.97-0.67-0.5-0.86-0.75
0.770.72-0.190.70.650.680.720.7-0.87-0.50.76-0.380.14-0.580.590.8-0.280.650.610.540.880.690.520.760.73
-0.67-0.59-0.43-0.79-0.49-0.58-0.61-0.670.68-0.5-0.710.550.140.94-0.7-0.550.42-0.55-0.68-0.59-0.6-0.64-0.18-0.61-0.7
1.00.960.070.930.630.950.760.98-0.770.76-0.71-0.86-0.16-0.680.710.67-0.240.930.950.880.690.970.650.91.0
-0.85-0.860.0-0.74-0.41-0.86-0.6-0.880.42-0.380.55-0.860.230.49-0.45-0.310.11-0.88-0.87-0.86-0.34-0.87-0.54-0.71-0.88
-0.15-0.11-0.43-0.02-0.12-0.130.15-0.12-0.070.140.14-0.160.230.11-0.330.13-0.01-0.19-0.18-0.210.03-0.14-0.270.02-0.18
-0.65-0.59-0.43-0.75-0.43-0.57-0.62-0.650.74-0.580.94-0.680.490.11-0.66-0.50.63-0.54-0.65-0.51-0.66-0.63-0.13-0.59-0.68
0.720.590.410.740.710.560.370.62-0.680.59-0.70.71-0.45-0.33-0.660.66-0.270.560.680.560.680.630.620.590.69
0.680.530.00.730.870.460.60.54-0.890.8-0.550.67-0.310.13-0.50.66-0.140.410.540.490.880.530.470.80.64
-0.18-0.15-0.3-0.24-0.12-0.16-0.33-0.170.33-0.280.42-0.240.11-0.010.63-0.27-0.14-0.14-0.160.12-0.31-0.180.33-0.1-0.24
0.940.99-0.030.80.351.00.720.98-0.560.65-0.550.93-0.88-0.19-0.540.560.41-0.140.930.860.460.980.660.790.94
0.950.950.210.920.470.940.70.96-0.690.61-0.680.95-0.87-0.18-0.650.680.54-0.160.930.910.570.970.690.880.96
0.90.890.120.860.50.870.520.9-0.630.54-0.590.88-0.86-0.21-0.510.560.490.120.860.910.550.90.770.830.89
0.70.580.060.730.840.50.560.57-0.970.88-0.60.69-0.340.03-0.660.680.88-0.310.460.570.550.570.510.780.67
0.980.990.070.90.450.990.741.0-0.670.69-0.640.97-0.87-0.14-0.630.630.53-0.180.980.970.90.570.670.850.98
0.710.680.010.590.530.650.230.64-0.50.52-0.180.65-0.54-0.27-0.130.620.470.330.660.690.770.510.670.640.65
0.910.87-0.030.890.680.810.780.86-0.860.76-0.610.9-0.710.02-0.590.590.8-0.10.790.880.830.780.850.640.89
0.990.970.070.920.610.950.750.98-0.750.73-0.71.0-0.88-0.18-0.680.690.64-0.240.940.960.890.670.980.650.89
Click cells to compare fundamentals

Graphex Group Account Relationship Matchups

Graphex Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.1B1.1B894.7M847.3M674.9M
Short Long Term Debt Total595.8M620.0M530.9M308.8M233.2M304.5M
Other Current Liab63.6M71.1M141.9M87.2M113.6M93.5M
Total Current Liabilities253.0M316.9M373.9M288.2M320.2M217.0M
Total Stockholder Equity220.7M171.5M197.3M380.6M369.7M220.2M
Property Plant And Equipment Net92.5M92.5M74.6M38.6M33.5M38.2M
Current Deferred Revenue58.5M46.2M45.3M37.4M38.6M31.2M
Net Debt541.9M576.1M499.4M277.3M206.0M175.4M
Retained Earnings(124.2M)(215.9M)(269.4M)(341.8M)(452.2M)(429.6M)
Accounts Payable22.2M16.1M8.9M13.4M23.2M24.3M
Cash53.9M43.9M31.5M31.5M27.2M53.6M
Non Current Assets Total869.0M841.7M790.4M659.6M600.8M396.9M
Non Currrent Assets Other(101.6M)(98.6M)(101.8M)(100.3M)323K339.2K
Other Assets3.7M5.9M3.4M9.8M11.3M12.2M
Cash And Short Term Investments55.1M43.9M31.5M31.5M27.2M25.9M
Net Receivables155.8M117.9M167.5M134.0M177.9M139.0M
Common Stock Shares Outstanding443.8M472.4M487.8M572.6M763.1M500.9M
Short Term Investments1.2M13.1M9.1M31K23K21.9K
Liabilities And Stockholders Equity1.2B1.1B1.1B894.7M847.3M674.9M
Non Current Liabilities Total677.4M618.8M532.0M236.6M157.5M233.8M
Inventory24.4M28.3M37.8M16.9M13.7M12.3M
Other Current Assets47.3M72.3M69.7M52.7M27.7M35.3M
Total Liab930.4M935.7M905.9M524.8M477.7M453.5M
Total Current Assets282.6M262.5M306.5M235.1M246.5M269.2M
Accumulated Other Comprehensive Income(2.5M)40.0M98.8M39.0M27.3M24.0M
Short Term Debt108.6M183.5M177.8M150.2M144.7M118.6M
Intangible Assets770.8M741.3M710.5M614.0M461.0M339.8M
Good Will7.2M5.4M105.1M101.9M117.2M58.8M
Other Liab190.2M182.2M178.9M78.0M89.7M140.6M
Net Tangible Assets(550.1M)(569.8M)(513.2M)(236.7M)(213.0M)(223.7M)
Long Term Debt422.1M374.4M299.9M140.0M73.5M69.8M
Net Invested Capital737.7M718.2M667.1M662.4M580.0M653.5M
Long Term Investments2.1M2.1M1.8M321K835K793.3K
Short Long Term Debt94.9M172.3M169.9M145.0M140.0M144.7M
Net Working Capital29.6M(54.4M)(67.4M)(53.1M)(73.7M)(70.0M)
Property Plant Equipment92.5M92.5M74.6M35.4M40.7M68.6M

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