Greengro Tech Debt to Equity vs. Working Capital
| GRNH Stock | USD 0.0001 0.00 0.00% |
For Greengro Tech profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Greengro Tech to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Greengro Tech utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Greengro Tech's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Greengro Tech over time as well as its relative position and ranking within its peers.
Greengro |
Greengro Tech Working Capital vs. Debt to Equity Fundamental Analysis
Greengro Working Capital vs. Debt to Equity
Greengro Tech | = | null |
Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Greengro Tech |
| = | 502 K |
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Greengro Working Capital Comparison
Greengro Tech is currently under evaluation in working capital category among related companies.
Use Greengro Tech in pair-trading
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 Greengro Tech 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 Greengro Tech will appreciate offsetting losses from the drop in the long position's value.Greengro Tech Pair Trading
Greengro Tech Pair Trading Analysis
The ability to find closely correlated positions to Greengro Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Greengro Tech 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 Greengro Tech - 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 Greengro Tech to buy it.
The correlation of Greengro Tech 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 Greengro Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Greengro Tech 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 Greengro Tech 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.Use Investing Themes to Complement your Greengro Tech position
In addition to having Greengro Tech in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Risk vs Return Analysis. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Greengro Pink Sheet analysis
When running Greengro Tech's price analysis, check to measure Greengro Tech'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 Greengro Tech is operating at the current time. Most of Greengro Tech's value examination focuses on studying past and present price action to predict the probability of Greengro Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greengro Tech's price. Additionally, you may evaluate how the addition of Greengro Tech to your portfolios can decrease your overall portfolio volatility.
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| Fundamental Analysis View fundamental data based on most recent published financial statements |
To fully project Greengro Tech's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Greengro Tech at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Greengro Tech's income statement, its balance sheet, and the statement of cash flows.