Getaround Accounts Payable vs Capital Stock Analysis
| GETR Stock | 0.16 0.01 5.88% |
Getaround financial indicator trend analysis is much more than just examining Getaround latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Getaround is a good investment. Please check the relationship between Getaround Accounts Payable and its Capital Stock accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Getaround. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Getaround Stock, please use our How to Invest in Getaround guide.
Accounts Payable vs Capital Stock
Accounts Payable vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Getaround Accounts Payable account and Capital Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Getaround's Accounts Payable and Capital Stock is -0.33. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Getaround, assuming nothing else is changed. The correlation between historical values of Getaround's Accounts Payable and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Getaround are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Accounts Payable i.e., Getaround's Accounts Payable and Capital Stock go up and down completely randomly.
Correlation Coefficient | -0.33 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Getaround obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Getaround are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Capital Stock
The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.Most indicators from Getaround's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Getaround 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 Getaround. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Getaround Stock, please use our How to Invest in Getaround guide.At this time, Getaround's Selling General Administrative is relatively stable compared to the past year. As of 06/10/2024, Sales General And Administrative To Revenue is likely to grow to 0.98, while Tax Provision is likely to drop (749.7 K).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 7.4M | 14.2M | 16.3M | 10.3M | Depreciation And Amortization | 13.7M | 10.1M | 9.1M | 10.1M |
Getaround fundamental ratios Correlations
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Getaround Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Getaround's price analysis, check to measure Getaround'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 Getaround is operating at the current time. Most of Getaround's value examination focuses on studying past and present price action to predict the probability of Getaround's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Getaround's price. Additionally, you may evaluate how the addition of Getaround to your portfolios can decrease your overall portfolio volatility.