Genesis Inventory vs Cash Analysis
GEL Stock | USD 13.44 0.18 1.32% |
Genesis Energy financial indicator trend analysis is much more than just examining Genesis Energy LP latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genesis Energy LP is a good investment. Please check the relationship between Genesis Energy Inventory and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genesis Energy LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Inventory vs Cash
Inventory vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genesis Energy LP Inventory account and Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between Genesis Energy's Inventory and Cash is 0.21. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Cash in the same time period over historical financial statements of Genesis Energy LP, assuming nothing else is changed. The correlation between historical values of Genesis Energy's Inventory and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Genesis Energy LP are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Inventory i.e., Genesis Energy's Inventory and Cash go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Inventory
Cash
Cash refers to the most liquid asset of Genesis Energy LP, which is listed under current asset account on Genesis Energy LP balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Genesis Energy customers. The amounts must be unrestricted with restricted cash listed in a different Genesis Energy account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Genesis Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genesis Energy LP 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 Genesis Energy LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. Enterprise Value is expected to rise to about 139.2 M this year, although the value of Selling General Administrative will most likely fall to about 42.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 136.9M | 341.6M | 409.0M | 429.5M | Total Revenue | 2.1B | 2.8B | 3.2B | 2.5B |
Genesis Energy fundamental ratios Correlations
Click cells to compare fundamentals
Genesis Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Genesis Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.6B | 5.9B | 5.9B | 6.4B | 7.1B | 7.4B | |
Other Current Liab | 196.8M | 185.0M | 210.0M | 245.2M | 337.2M | 354.1M | |
Total Current Liabilities | 415.5M | 383.4M | 496.9M | 709.1M | 967.4M | 1.0B | |
Total Stockholder Equity | (8.4M) | (9.4M) | (5.6M) | 6.1M | 1.3B | 1.4B | |
Property Plant And Equipment Net | 5.0B | 4.6B | 4.6B | 4.8B | 5.3B | 5.6B | |
Net Debt | 3.4B | 3.4B | 3.0B | 3.4B | 4.0B | 4.2B | |
Accounts Payable | 218.7M | 198.4M | 264.3M | 428.0M | 588.9M | 618.4M | |
Cash | 56.4M | 27.0M | 25.0M | 26.6M | 28.0M | 29.4M | |
Non Current Assets Total | 6.0B | 5.4B | 5.4B | 5.5B | 6.1B | 6.4B | |
Non Currrent Assets Other | 82.8M | 32.3M | 23.6M | 18.0M | 37.4M | 45.0M | |
Cash And Short Term Investments | 56.4M | 27.0M | 25.0M | 26.6M | 28.0M | 29.4M | |
Net Receivables | 417.0M | 392.5M | 400.3M | 721.6M | 759.5M | 797.5M | |
Liabilities And Stockholders Equity | 4.4B | 4.3B | 4.5B | 4.9B | 7.1B | 7.4B | |
Non Current Liabilities Total | 3.8B | 3.8B | 3.4B | 3.9B | 4.4B | 4.6B | |
Inventory | 65.1M | 99.9M | 78.0M | 78.1M | 135.2M | 142.0M | |
Other Current Assets | 54.5M | 60.8M | 39.2M | 26.8M | 41.2M | 24.9M | |
Total Liab | 4.3B | 4.2B | 3.9B | 4.6B | 5.4B | 5.6B | |
Total Current Assets | 593.1M | 580.2M | 542.5M | 853.0M | 964.1M | 1.0B | |
Other Stockholder Equity | 8.4M | 9.4M | 5.6M | (6.1M) | 519.7M | 545.7M | |
Property Plant And Equipment Gross | 5.0B | 4.6B | 5.5B | 5.9B | 7.3B | 7.7B | |
Accumulated Other Comprehensive Income | (8.4M) | (9.4M) | (5.6M) | 6.1M | 8.0M | 8.4M | |
Short Long Term Debt Total | 3.4B | 3.4B | 3.0B | 3.5B | 4.0B | 4.2B | |
Short Term Debt | 28.4M | 23.3M | 20.0M | 18.0M | 29.9M | 28.4M | |
Common Stock | 1.4B | 829.3M | 641.3M | 567.3M | 519.7M | 775.2M | |
Other Assets | 201.8M | 45.8M | 38.3M | 29.6M | 34.1M | 67.7M | |
Intangible Assets | 138.9M | 128.7M | 127.1M | 127.3M | 141.5M | 134.9M | |
Property Plant Equipment | 4.9B | 4.4B | 4.6B | 4.6B | 5.3B | 5.6B | |
Long Term Debt | 959.3M | 3.4B | 3.0B | 3.5B | 3.8B | 3.9B | |
Other Liab | 210.1M | 406.3M | 449.2M | 303.4M | 348.9M | 366.4M | |
Net Tangible Assets | 1.9B | 1.3B | 206.7M | 1.3B | 1.5B | 1.3B | |
Retained Earnings | (2.2B) | (1.6B) | (1.4B) | (1.5B) | (519.7M) | (545.7M) | |
Long Term Debt Total | 959.3M | 4.2B | 3.8B | 4.4B | 5.0B | 5.3B | |
Deferred Long Term Liab | 12.6M | 33.8M | 38.3M | 32.2M | 37.0M | 23.0M | |
Long Term Investments | 334.5M | 319.1M | 294.1M | 284.5M | 263.8M | 392.2M | |
Non Current Liabilities Other | 393.9M | 393.0M | 434.9M | 400.6M | 570.2M | 598.7M | |
Accumulated Depreciation | (1.2B) | (1.3B) | (1.6B) | (1.8B) | (1.6B) | (1.5B) |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Genesis Energy LP using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Additional Information and Resources on Investing in Genesis Stock
When determining whether Genesis Energy LP is a strong investment it is important to analyze Genesis Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Genesis Energy's future performance. For an informed investment choice regarding Genesis Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genesis Energy LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Oil & Gas Storage & Transportation space 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 Genesis Energy. If investors know Genesis 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 Genesis Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.586 | Dividend Share 0.6 | Earnings Share 0.34 | Revenue Per Share 25.766 | Quarterly Revenue Growth (0.03) |
The market value of Genesis Energy LP is measured differently than its book value, which is the value of Genesis that is recorded on the company's balance sheet. Investors also form their own opinion of Genesis Energy's value that differs from its market value or its book value, called intrinsic value, which is Genesis Energy'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 Genesis Energy's market value can be influenced by many factors that don't directly affect Genesis Energy'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 Genesis Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genesis Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genesis Energy'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.