Gfl Common Stock Total Equity vs Non Current Assets Total Analysis

GFL Stock  USD 33.45  0.59  1.80%   
Gfl Environmental financial indicator trend analysis is much more than just examining Gfl Environmental latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gfl Environmental is a good investment. Please check the relationship between Gfl Environmental Common Stock Total Equity and its Non Current Assets Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gfl Environmental Holdings. 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.

Common Stock Total Equity vs Non Current Assets Total

Common Stock Total Equity vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gfl Environmental Common Stock Total Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Gfl Environmental's Common Stock Total Equity and Non Current Assets Total is 0.97. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Gfl Environmental Holdings, assuming nothing else is changed. The correlation between historical values of Gfl Environmental's Common Stock Total Equity and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Gfl Environmental Holdings are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Common Stock Total Equity i.e., Gfl Environmental's Common Stock Total Equity and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Gfl Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gfl Environmental 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 Gfl Environmental Holdings. 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.
At this time, Gfl Environmental's Tax Provision is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 22.94 this year, although the value of Discontinued Operations is projected to rise to (109.4 M).
 2021 2023 2024 (projected)
Depreciation And Amortization1.4B1.5B1.1B
Interest Income712.3M819.1M509.2M

Gfl Environmental fundamental ratios Correlations

0.170.110.250.30.190.20.060.290.010.11-0.430.230.160.16-0.170.190.120.160.260.130.240.080.130.530.26
0.170.990.640.930.990.9-0.940.980.980.99-0.920.90.461.0-0.310.840.990.460.991.00.970.970.990.830.98
0.110.990.620.90.960.87-0.970.950.991.0-0.880.890.560.98-0.320.830.990.560.970.990.940.990.990.760.95
0.250.640.620.760.630.32-0.560.670.60.63-0.760.510.180.64-0.420.940.580.180.640.620.680.590.610.770.7
0.30.930.90.760.910.75-0.830.940.90.91-0.930.920.330.93-0.620.850.890.330.930.920.880.870.90.840.93
0.190.990.960.630.910.91-0.890.990.950.97-0.930.870.370.99-0.270.830.960.370.980.980.970.940.970.840.97
0.20.90.870.320.750.91-0.810.890.850.87-0.830.860.370.9-0.090.60.90.370.910.90.910.840.90.760.85
0.06-0.94-0.97-0.56-0.83-0.89-0.81-0.86-0.98-0.970.78-0.85-0.63-0.930.27-0.78-0.97-0.63-0.91-0.95-0.87-0.97-0.96-0.64-0.88
0.290.980.950.670.940.990.89-0.860.930.96-0.960.890.370.99-0.340.840.950.370.990.970.970.930.960.890.99
0.010.980.990.60.90.950.85-0.980.930.99-0.840.90.520.97-0.350.810.990.520.950.990.920.980.980.710.93
0.110.991.00.630.910.970.87-0.970.960.99-0.880.90.530.99-0.330.830.990.530.970.990.950.980.990.770.95
-0.43-0.92-0.88-0.76-0.93-0.93-0.830.78-0.96-0.84-0.88-0.86-0.31-0.920.35-0.89-0.88-0.31-0.95-0.91-0.96-0.84-0.9-0.97-0.95
0.230.90.890.510.920.870.86-0.850.890.90.9-0.860.390.9-0.550.690.910.390.910.910.860.840.890.760.85
0.160.460.560.180.330.370.37-0.630.370.520.53-0.310.390.450.040.310.561.00.460.470.370.610.540.210.43
0.161.00.980.640.930.990.9-0.930.990.970.99-0.920.90.45-0.310.840.990.450.991.00.970.970.990.830.98
-0.17-0.31-0.32-0.42-0.62-0.27-0.090.27-0.34-0.35-0.330.35-0.550.04-0.31-0.32-0.290.04-0.32-0.33-0.21-0.25-0.28-0.25-0.31
0.190.840.830.940.850.830.6-0.780.840.810.83-0.890.690.310.84-0.320.80.310.830.830.880.80.820.860.87
0.120.990.990.580.890.960.9-0.970.950.990.99-0.880.910.560.99-0.290.80.560.980.990.940.981.00.760.95
0.160.460.560.180.330.370.37-0.630.370.520.53-0.310.391.00.450.040.310.560.460.470.370.610.540.210.43
0.260.990.970.640.930.980.91-0.910.990.950.97-0.950.910.460.99-0.320.830.980.460.990.960.960.980.860.99
0.131.00.990.620.920.980.9-0.950.970.990.99-0.910.910.471.0-0.330.830.990.470.990.960.971.00.80.97
0.240.970.940.680.880.970.91-0.870.970.920.95-0.960.860.370.97-0.210.880.940.370.960.960.90.950.90.95
0.080.970.990.590.870.940.84-0.970.930.980.98-0.840.840.610.97-0.250.80.980.610.960.970.90.990.720.95
0.130.990.990.610.90.970.9-0.960.960.980.99-0.90.890.540.99-0.280.821.00.540.981.00.950.990.790.97
0.530.830.760.770.840.840.76-0.640.890.710.77-0.970.760.210.83-0.250.860.760.210.860.80.90.720.790.88
0.260.980.950.70.930.970.85-0.880.990.930.95-0.950.850.430.98-0.310.870.950.430.990.970.950.950.970.88
Click cells to compare fundamentals

Gfl Environmental Account Relationship Matchups

Gfl Environmental fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.3B15.7B18.4B19.8B20.7B15.9B
Short Long Term Debt Total7.8B7.7B8.3B9.6B9.3B8.1B
Other Current Liab35.5M(93.2M)(64.1M)816.9M822.3M863.4M
Total Current Liabilities865.1M1.2B1.5B2.7B1.8B1.4B
Total Stockholder Equity2.8B5.7B5.8B6.0B7.2B4.9B
Other Liab957.2M2.4B2.8B1.4B1.7B1.6B
Net Tangible Assets(5.3B)(3.9B)(5.1B)(5.4B)(4.9B)(5.1B)
Property Plant And Equipment Net2.9B5.1B6.0B6.5B7.0B4.9B
Net Debt7.2B7.7B8.1B9.6B9.1B7.9B
Retained Earnings(770.3M)(1.8B)(2.5B)(2.8B)(2.8B)(2.7B)
Accounts Payable732.0M1.0B1.3B1.6B711M982.8M
Cash574.8M27.2M190.4M82.1M135.7M159.9M
Non Current Assets Total10.9B14.7B16.9B18.4B19.2B14.7B
Non Currrent Assets Other31.7M33.2M36.3M(777.6M)82.9M87.0M
Other Assets31.6M33.2M36.3M90.2M103.7M108.9M
Long Term Debt7.6B7.5B9.2B9.2B8.8B8.0B
Cash And Short Term Investments574.8M27.2M190.4M82.1M135.7M159.9M
Net Receivables713.4M867.3M1.1B1.1B1.1B920.0M
Good Will5.2B6.5B7.5B8.2B7.9B6.5B
Long Term Debt Total6.2B7.7B6.3B8.2B9.5B6.8B
Liabilities And Stockholders Equity12.3B15.7B18.4B19.8B20.7B15.9B
Non Current Liabilities Total8.7B8.9B11.1B11.0B11.5B9.6B
Capital Surpluse2.0M16.4M54.3M77.4M89.0M93.5M
Inventory50.5M57.4M82M84.2M98.2M68.9M
Other Current Assets50.5M76.3M88.6M182.9M123.4M92.4M
Other Stockholder Equity16.4M54.3M77.4M109.6M149.5M157.0M
Total Liab9.6B10.1B12.6B13.7B13.3B11.0B
Net Invested Capital10.4B13.3B15.1B15.3B16.0B13.0B
Property Plant And Equipment Gross2.9B5.1B7.9B9.4B10.6B6.2B
Short Long Term Debt71.4M76.6M86.9M17.9M15.5M14.7M
Total Current Assets1.4B1.0B1.5B1.4B1.5B1.2B
Accumulated Other Comprehensive Income(2.7M)(241.5M)(253.7M)130.3M15.1M15.9M
Net Working Capital555.2M(165.1M)(26.7M)(1.3B)(325.4M)(309.1M)
Short Term Debt97.5M101.3M68.1M69.4M69.3M73.6M
Intangible Assets2.8B3.1B3.3B3.2B3.1B3.0B
Common Stock3.5B7.6B8.5B8.6B9.8B6.7B
Property Plant Equipment2.9B5.1B6.0B6.5B7.5B4.4B

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When determining whether Gfl Environmental is a strong investment it is important to analyze Gfl Environmental'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 Gfl Environmental's future performance. For an informed investment choice regarding Gfl 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 Gfl Environmental Holdings. 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.
Note that the Gfl Environmental information on this page should be used as a complementary analysis to other Gfl Environmental's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running Gfl Environmental's price analysis, check to measure Gfl Environmental'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 Gfl Environmental is operating at the current time. Most of Gfl Environmental's value examination focuses on studying past and present price action to predict the probability of Gfl Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gfl Environmental's price. Additionally, you may evaluate how the addition of Gfl Environmental to your portfolios can decrease your overall portfolio volatility.
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Is Gfl Environmental's industry 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 Gfl Environmental. If investors know Gfl 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 Gfl Environmental 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
4.972
Dividend Share
0.051
Revenue Per Share
21.468
Quarterly Revenue Growth
0.001
Return On Assets
0.0116
The market value of Gfl Environmental is measured differently than its book value, which is the value of Gfl that is recorded on the company's balance sheet. Investors also form their own opinion of Gfl Environmental's value that differs from its market value or its book value, called intrinsic value, which is Gfl Environmental'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 Gfl Environmental's market value can be influenced by many factors that don't directly affect Gfl Environmental'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 Gfl Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gfl Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gfl Environmental'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.