Genfit Net Receivables vs Total Stockholder Equity Analysis

GNFT Stock

USD 5.42 0.11 1.99%

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

For more information on how to buy Genfit Stock please use our How to Invest in Genfit guide.

Net Receivables vs Total Stockholder Equity

Net Receivables vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genfit Net Receivables account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Genfit's Net Receivables and Total Stockholder Equity is 0.19. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Genfit, assuming nothing else is changed. The correlation between historical values of Genfit's Net Receivables and Total Stockholder Equity 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 Receivables of Genfit are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Receivables i.e., Genfit's Net Receivables and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.19

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Receivables

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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

For more information on how to buy Genfit Stock please use our How to Invest in Genfit guide.At this time, Genfit's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 216 M in 2024, whereas Tax Provision is likely to drop slightly above 211.8 K in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	48.1M	47.5M	63.5M	35.2M
Cost Of Revenue	161K	248K	341K	324.0K

Total Operating Expenses Cost Of Revenue

Genfit fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.82	0.34	0.87	0.58	0.46	0.3	-0.59	-0.72	0.88	0.97	0.22	-0.14	0.97	0.3	0.73	0.77	0.44	0.85	-0.67	0.06	0.78	0.89	0.53	0.98	0.28
Short Long Term Debt Total	0.82		0.1	0.65	0.03	0.62	0.0	-0.09	-0.67	0.78	0.8	0.14	-0.1	0.8	0.24	0.57	0.51	0.54	1.0	-0.57	0.03	0.59	0.97	0.39	0.81	0.36
Other Current Liab	0.34	0.1		0.46	0.41	-0.02	0.79	-0.11	-0.6	0.15	0.2	0.81	-0.13	0.21	0.85	0.68	0.53	0.1	0.12	-0.46	0.21	0.68	0.19	0.49	0.25	0.73
Total Current Liabilities	0.87	0.65	0.46		0.44	0.51	0.6	-0.49	-0.82	0.89	0.79	0.38	-0.07	0.79	0.38	0.75	0.91	0.18	0.71	-0.62	0.13	0.84	0.8	0.77	0.81	0.39
Total Stockholder Equity	0.58	0.03	0.41	0.44		-0.14	0.36	-0.88	-0.23	0.34	0.56	0.13	-0.16	0.56	0.19	0.45	0.51	0.09	0.07	-0.35	-0.02	0.47	0.14	0.2	0.57	-0.03
Property Plant And Equipment Net	0.46	0.62	-0.02	0.51	-0.14		0.12	0.07	-0.47	0.54	0.41	0.25	0.23	0.41	0.1	0.25	0.3	-0.02	0.63	-0.42	0.37	0.36	0.64	0.71	0.42	0.34
Current Deferred Revenue	0.3	0.0	0.79	0.6	0.36	0.12		-0.17	-0.66	0.23	0.14	0.8	0.19	0.14	0.65	0.63	0.7	-0.25	0.05	-0.36	0.29	0.71	0.16	0.75	0.18	0.61
Net Debt	-0.59	-0.09	-0.11	-0.49	-0.88	0.07	-0.17		0.09	-0.52	-0.66	0.24	0.22	-0.66	0.18	-0.25	-0.43	-0.16	-0.16	0.26	0.05	-0.3	-0.23	-0.1	-0.64	0.35
Retained Earnings	-0.72	-0.67	-0.6	-0.82	-0.23	-0.47	-0.66	0.09		-0.66	-0.59	-0.69	-0.03	-0.59	-0.73	-0.93	-0.86	-0.02	-0.69	0.7	-0.21	-0.96	-0.74	-0.75	-0.63	-0.74
Accounts Payable	0.88	0.78	0.15	0.89	0.34	0.54	0.23	-0.52	-0.66		0.9	0.04	-0.22	0.9	0.14	0.61	0.68	0.31	0.83	-0.58	-0.01	0.67	0.88	0.49	0.9	0.15
Cash	0.97	0.8	0.2	0.79	0.56	0.41	0.14	-0.66	-0.59	0.9		0.01	-0.23	1.0	0.14	0.62	0.64	0.49	0.84	-0.6	-0.02	0.66	0.86	0.36	1.0	0.11
Non Current Assets Total	0.22	0.14	0.81	0.38	0.13	0.25	0.8	0.24	-0.69	0.04	0.01		0.25	0.02	0.88	0.65	0.5	-0.17	0.14	-0.42	0.32	0.68	0.19	0.68	0.07	0.9
Non Currrent Assets Other	-0.14	-0.1	-0.13	-0.07	-0.16	0.23	0.19	0.22	-0.03	-0.22	-0.23	0.25		-0.22	-0.15	-0.19	0.0	-0.21	-0.09	-0.09	0.4	-0.04	-0.08	0.31	-0.22	-0.02
Cash And Short Term Investments	0.97	0.8	0.21	0.79	0.56	0.41	0.14	-0.66	-0.59	0.9	1.0	0.02	-0.22		0.14	0.62	0.64	0.49	0.84	-0.61	-0.01	0.66	0.86	0.36	1.0	0.11
Net Receivables	0.3	0.24	0.85	0.38	0.19	0.1	0.65	0.18	-0.73	0.14	0.14	0.88	-0.15	0.14		0.81	0.51	-0.1	0.23	-0.44	0.14	0.75	0.26	0.47	0.19	0.92
Common Stock Total Equity	0.73	0.57	0.68	0.75	0.45	0.25	0.63	-0.25	-0.93	0.61	0.62	0.65	-0.19	0.62	0.81		0.83	0.04	0.59	-0.63	0.06	0.97	0.64	0.57	0.67	0.72
Common Stock Shares Outstanding	0.77	0.51	0.53	0.91	0.51	0.3	0.7	-0.43	-0.86	0.68	0.64	0.5	0.0	0.64	0.51	0.83		0.03	0.56	-0.59	0.09	0.89	0.65	0.75	0.69	0.45
Short Term Investments	0.44	0.54	0.1	0.18	0.09	-0.02	-0.25	-0.16	-0.02	0.31	0.49	-0.17	-0.21	0.49	-0.1	0.04	0.03		0.53	-0.25	-0.19	0.03	0.49	-0.16	0.48	-0.06
Non Current Liabilities Total	0.85	1.0	0.12	0.71	0.07	0.63	0.05	-0.16	-0.69	0.83	0.84	0.14	-0.09	0.84	0.23	0.59	0.56	0.53		-0.59	0.04	0.62	0.99	0.44	0.84	0.34
Inventory	-0.67	-0.57	-0.46	-0.62	-0.35	-0.42	-0.36	0.26	0.7	-0.58	-0.6	-0.42	-0.09	-0.61	-0.44	-0.63	-0.59	-0.25	-0.59		-0.15	-0.69	-0.62	-0.52	-0.63	-0.36
Other Current Assets	0.06	0.03	0.21	0.13	-0.02	0.37	0.29	0.05	-0.21	-0.01	-0.02	0.32	0.4	-0.01	0.14	0.06	0.09	-0.19	0.04	-0.15		0.17	0.08	0.42	0.0	0.33
Other Stockholder Equity	0.78	0.59	0.68	0.84	0.47	0.36	0.71	-0.3	-0.96	0.67	0.66	0.68	-0.04	0.66	0.75	0.97	0.89	0.03	0.62	-0.69	0.17		0.69	0.71	0.7	0.69
Total Liab	0.89	0.97	0.19	0.8	0.14	0.64	0.16	-0.23	-0.74	0.88	0.86	0.19	-0.08	0.86	0.26	0.64	0.65	0.49	0.99	-0.62	0.08	0.69		0.53	0.88	0.36
Property Plant And Equipment Gross	0.53	0.39	0.49	0.77	0.2	0.71	0.75	-0.1	-0.75	0.49	0.36	0.68	0.31	0.36	0.47	0.57	0.75	-0.16	0.44	-0.52	0.42	0.71	0.53		0.4	0.59
Total Current Assets	0.98	0.81	0.25	0.81	0.57	0.42	0.18	-0.64	-0.63	0.9	1.0	0.07	-0.22	1.0	0.19	0.67	0.69	0.48	0.84	-0.63	0.0	0.7	0.88	0.4		0.17
Short Term Debt	0.28	0.36	0.73	0.39	-0.03	0.34	0.61	0.35	-0.74	0.15	0.11	0.9	-0.02	0.11	0.92	0.72	0.45	-0.06	0.34	-0.36	0.33	0.69	0.36	0.59	0.17

Click cells to compare fundamentals

Genfit Account Relationship Matchups

Genfit fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	309.9M	198.6M	281.7M	215.5M	173.3M	135.4M
Short Long Term Debt Total	183.6M	185.7M	74.2M	75.3M	70.2M	64.2M
Other Current Liab	2.1M	1.0M	5.4M	5.0M	8.4M	8.8M
Total Current Liabilities	43.5M	31.1M	62.8M	39.4M	38.5M	24.2M
Total Stockholder Equity	84.1M	(16.2M)	119.1M	94.5M	67.4M	51.0M
Property Plant And Equipment Net	16.5M	11.6M	9.0M	8.2M	7.9M	6.2M
Current Deferred Revenue	139K	124K	14.3M	14.5M	11.7M	12.3M
Net Debt	(93.1M)	14.7M	(184.5M)	(60.7M)	(7.6M)	(8.0M)
Retained Earnings	(303.5M)	(404.9M)	(337.8M)	(361.3M)	(389.8M)	(370.3M)
Accounts Payable	36.9M	25.6M	41.0M	14.8M	10.4M	14.4M
Cash	276.7M	171.0M	258.8M	136.0M	77.8M	105.9M
Non Current Assets Total	19.1M	13.9M	13.6M	57.1M	60.2M	63.2M
Cash And Short Term Investments	276.7M	171.0M	258.8M	140.6M	77.8M	106.5M
Net Receivables	12.0M	11.9M	7.2M	15.9M	32.7M	34.3M
Common Stock Shares Outstanding	37.0M	38.9M	55.6M	49.7M	49.7M	28.1M
Liabilities And Stockholders Equity	309.9M	198.6M	281.7M	215.5M	173.3M	135.4M
Non Current Liabilities Total	182.3M	183.7M	99.8M	81.6M	67.4M	62.9M
Other Current Assets	2.0M	1.8M	2.1M	2.0M	2.6M	2.2M
Other Stockholder Equity	377.8M	379.1M	444.4M	444.7M	443.8M	465.9M
Total Liab	225.8M	214.8M	162.6M	121.0M	105.9M	84.4M
Property Plant And Equipment Gross	16.5M	11.6M	20.0M	20.8M	20.2M	10.6M
Total Current Assets	290.8M	184.7M	268.1M	158.5M	113.1M	117.4M
Accumulated Other Comprehensive Income	14K	(92K)	22K	(1.3M)	996K	1.0M
Short Term Debt	4.4M	4.3M	2.2M	5.1M	7.9M	8.3M
Intangible Assets	920K	791K	174K	44.0M	48.8M	51.2M
Common Stock	9.7M	9.7M	12.5M	12.5M	14.3M	15.0M
Other Assets	1K	1.5M	4.4M	1.3M	1.5M	1.2M
Other Liab	2.9M	3.1M	2.4M	27.7M	31.9M	33.5M
Net Tangible Assets	20.1M	83.1M	(17.0M)	118.9M	107.0M	57.5M
Long Term Debt	168.9M	181.3M	72.0M	70.2M	57.4M	108.0M
Capital Lease Obligations	12.3M	10.1M	7.1M	6.6M	5.9M	5.6M
Long Term Investments	1.0M	1.5M	4.4M	4.9M	2.8M	1.9M
Short Long Term Debt	2.4M	4.3M	2.2M	5.1M	6.9M	3.5M
Property Plant Equipment	7.8M	16.5M	11.6M	9.0M	10.4M	8.7M
Net Invested Capital	255.4M	169.5M	193.3M	169.8M	132.2M	157.1M

Pair Trading with Genfit

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Genfit position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Genfit will appreciate offsetting losses from the drop in the long position's value.

Moving against Genfit Stock

0.63	LYRA	Lyra Therapeutics	Pair Corr
0.61	CRL	Charles River Labora	Pair Corr
0.54	IQV	IQVIA Holdings	Pair Corr
0.5	ICU	LMF Acquisition Oppo	Pair Corr

The ability to find closely correlated positions to Genfit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Genfit when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Genfit - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Genfit to buy it.

The correlation of Genfit is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Genfit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Genfit moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Genfit can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Genfit Stock Analysis

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

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