Genie Accounts Payable vs Property Plant And Equipment Gross Analysis

GNE Stock  USD 15.26  0.18  1.19%   
Genie Energy financial indicator trend analysis is much more than just examining Genie Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genie Energy is a good investment. Please check the relationship between Genie Energy Accounts Payable and its Property Plant And Equipment Gross accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genie Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.

Accounts Payable vs Property Plant And Equipment Gross

Accounts Payable vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genie Energy Accounts Payable account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Genie Energy's Accounts Payable and Property Plant And Equipment Gross is -0.15. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Genie Energy, assuming nothing else is changed. The correlation between historical values of Genie Energy's Accounts Payable and Property Plant And Equipment Gross 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 Genie Energy are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Accounts Payable i.e., Genie Energy's Accounts Payable and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Genie Energy 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 Genie Energy 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.

Property Plant And Equipment Gross

Most indicators from Genie Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genie Energy 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 Genie Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.At present, Genie Energy's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 16.09, whereas Selling General Administrative is forecasted to decline to about 68.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense427K129K99K94.1K
Depreciation And Amortization2.0M2.8M463K439.9K

Genie Energy fundamental ratios Correlations

0.70.820.930.28-0.80.270.580.780.640.770.860.810.40.510.430.690.620.650.780.310.960.610.620.8-0.15
0.70.880.480.11-0.570.180.660.590.660.740.470.770.530.760.420.670.710.430.910.160.660.320.550.79-0.6
0.820.880.60.03-0.5-0.050.830.50.570.650.550.890.720.80.190.830.510.620.830.050.760.20.440.82-0.42
0.930.480.60.34-0.840.320.350.820.530.740.910.630.170.260.390.520.520.640.60.360.940.740.590.620.08
0.280.110.030.34-0.30.21-0.180.330.620.330.15-0.03-0.130.10.520.20.540.280.351.00.150.490.470.35-0.12
-0.8-0.57-0.5-0.84-0.3-0.58-0.35-1.0-0.53-0.65-0.92-0.53-0.03-0.17-0.6-0.37-0.75-0.38-0.69-0.34-0.87-0.77-0.54-0.49-0.03
0.270.18-0.050.320.21-0.58-0.130.580.240.350.450.02-0.4-0.160.63-0.170.44-0.450.260.260.340.620.380.04-0.17
0.580.660.830.35-0.18-0.35-0.130.350.390.360.390.880.880.580.130.60.310.450.67-0.150.550.080.190.5-0.16
0.780.590.50.820.33-1.00.580.350.590.670.880.540.050.210.640.380.790.390.730.380.850.790.590.510.0
0.640.660.570.530.62-0.530.240.390.590.770.340.590.450.680.750.520.810.510.880.670.470.640.90.82-0.45
0.770.740.650.740.33-0.650.350.360.670.770.540.640.330.60.50.510.590.530.780.360.70.740.880.74-0.42
0.860.470.550.910.15-0.920.450.390.880.340.540.580.060.110.390.40.540.430.540.180.950.640.370.460.13
0.810.770.890.63-0.03-0.530.020.880.540.590.640.580.760.660.330.640.470.60.80.010.740.380.50.71-0.25
0.40.530.720.17-0.13-0.03-0.40.880.050.450.330.060.760.70.010.610.160.530.56-0.110.28-0.070.250.56-0.22
0.510.760.80.260.1-0.17-0.160.580.210.680.60.110.660.70.230.790.440.50.760.130.360.040.590.84-0.66
0.430.420.190.390.52-0.60.630.130.640.750.50.390.330.010.230.070.810.040.640.580.350.730.690.45-0.33
0.690.670.830.520.2-0.37-0.170.60.380.520.510.40.640.610.790.070.390.650.680.20.620.070.380.8-0.25
0.620.710.510.520.54-0.750.440.310.790.810.590.540.470.160.440.810.390.320.850.60.560.590.660.7-0.37
0.650.430.620.640.28-0.38-0.450.450.390.510.530.430.60.530.50.040.650.320.520.270.560.30.420.640.1
0.780.910.830.60.35-0.690.260.670.730.880.780.540.80.560.760.640.680.850.520.40.690.530.740.85-0.48
0.310.160.050.361.0-0.340.26-0.150.380.670.360.180.01-0.110.130.580.20.60.270.40.180.530.520.39-0.14
0.960.660.760.940.15-0.870.340.550.850.470.70.950.740.280.360.350.620.560.560.690.180.610.480.64-0.02
0.610.320.20.740.49-0.770.620.080.790.640.740.640.38-0.070.040.730.070.590.30.530.530.610.760.360.02
0.620.550.440.590.47-0.540.380.190.590.90.880.370.50.250.590.690.380.660.420.740.520.480.760.73-0.42
0.80.790.820.620.35-0.490.040.50.510.820.740.460.710.560.840.450.80.70.640.850.390.640.360.73-0.51
-0.15-0.6-0.420.08-0.12-0.03-0.17-0.160.0-0.45-0.420.13-0.25-0.22-0.66-0.33-0.25-0.370.1-0.48-0.14-0.020.02-0.42-0.51
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Genie Energy Account Relationship Matchups

Genie Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets156.2M187.3M229.0M277.6M330.6M173.8M
Other Current Liab30.8M47.4M80.7M67.8M64.5M67.7M
Total Current Liabilities72.2M97.5M114.3M99.2M98.3M61.7M
Total Stockholder Equity94.8M98.1M124.9M187.1M197.2M116.5M
Property Plant And Equipment Net3.6M259K297K891K17.3M18.2M
Net Debt(26.9M)(35.5M)(93.8M)(96.6M)(115.8M)(110.0M)
Retained Earnings(59.7M)(56.7M)(27.5M)49.0M60.2M63.2M
Accounts Payable24.4M43.0M33.6M25.3M27.9M24.2M
Cash31.2M36.9M95.5M98.6M118.1M124.0M
Non Current Assets Total43.3M53.5M28.7M50.0M100.7M105.8M
Non Currrent Assets Other7.9M10.1M8.5M28.9M20.2M21.2M
Cash And Short Term Investments31.2M42.0M96.8M99.1M118.4M60.2M
Net Receivables49.8M60.8M52.4M55.1M61.9M45.9M
Good Will11.1M12.1M25.9M11.8M11.5M9.5M
Common Stock Shares Outstanding27.5M26.8M26.3M26.4M26.1M26.1M
Liabilities And Stockholders Equity156.2M187.3M229.0M277.6M330.6M173.8M
Non Current Liabilities Total3.2M3.8M2.4M4.8M47.8M50.2M
Inventory16.6M16.9M17.7M15.7M14.6M10.2M
Other Current Assets2.1M3.2M21.8M6.2M34.9M36.6M
Other Stockholder Equity131.9M130.9M129.2M127.5M133.4M106.7M
Total Liab75.3M101.3M116.7M104.0M146.0M153.3M
Property Plant And Equipment Gross3.6M259K297K891K20.0M21.0M
Total Current Assets112.9M133.8M200.3M227.6M229.8M138.5M
Accumulated Other Comprehensive Income2.5M3.8M3.2M1.9M3.3M1.7M
Other Liab464K554K7K3.1M3.5M3.7M
Other Assets17.7M10.6M(1K)36.0M41.4M43.4M
Common Stock Total Equity274K276K282K287K330.1K278.9K
Intangible Assets6.8M11.6M3.6M3.1M2.7M5.2M
Common Stock274K276K282K287K304K283.1K
Property Plant Equipment3.6M4.7M297K891K801.9K761.8K
Net Tangible Assets56.1M40.8M89.7M165.6M190.5M200.0M
Current Deferred Revenue13.4M5.6M(229K)5.8M5.6M5.5M
Noncontrolling Interest In Consolidated Entity(13.9M)(12.0M)(12.5M)(13.5M)(12.1M)(12.7M)
Retained Earnings Total Equity(59.7M)(56.7M)(29.1M)49.0M44.1M46.3M
Capital Surpluse139.6M140.7M143.2M146.5M168.5M136.8M

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When determining whether Genie Energy is a strong investment it is important to analyze Genie 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 Genie Energy's future performance. For an informed investment choice regarding Genie 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 Genie Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.
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Is Genie Energy'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 Genie Energy. If investors know Genie 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 Genie 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
(0.44)
Dividend Share
0.3
Earnings Share
0.38
Revenue Per Share
17.096
Quarterly Revenue Growth
0.137
The market value of Genie Energy is measured differently than its book value, which is the value of Genie that is recorded on the company's balance sheet. Investors also form their own opinion of Genie Energy's value that differs from its market value or its book value, called intrinsic value, which is Genie 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 Genie Energy's market value can be influenced by many factors that don't directly affect Genie 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 Genie Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genie Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genie 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.