Genie Capital Stock vs Total Assets Analysis
GNE Stock | USD 15.31 0.14 0.91% |
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 Capital Stock and its Total Assets 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.
Capital Stock vs Total Assets
Capital Stock vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genie Energy Capital Stock account and Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Genie Energy's Capital Stock and Total Assets is -0.65. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Total Assets 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 Capital Stock and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Genie Energy are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Capital Stock i.e., Genie Energy's Capital Stock and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Capital Stock
The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.Total Assets
Total assets refers to the total amount of Genie Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Genie Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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 Expense | 427K | 129K | 99K | 94.1K | Depreciation And Amortization | 2.0M | 2.8M | 463K | 439.9K |
Genie Energy fundamental ratios Correlations
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Genie Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Genie Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 156.2M | 187.3M | 229.0M | 277.6M | 330.6M | 173.8M | |
Other Current Liab | 30.8M | 47.4M | 80.7M | 67.8M | 64.5M | 67.7M | |
Total Current Liabilities | 72.2M | 97.5M | 114.3M | 99.2M | 98.3M | 61.7M | |
Total Stockholder Equity | 94.8M | 98.1M | 124.9M | 187.1M | 197.2M | 116.5M | |
Property Plant And Equipment Net | 3.6M | 259K | 297K | 891K | 17.3M | 18.2M | |
Net Debt | (26.9M) | (35.5M) | (93.8M) | (96.6M) | (115.8M) | (110.0M) | |
Retained Earnings | (59.7M) | (56.7M) | (27.5M) | 49.0M | 60.2M | 63.2M | |
Accounts Payable | 24.4M | 43.0M | 33.6M | 25.3M | 27.9M | 24.2M | |
Cash | 31.2M | 36.9M | 95.5M | 98.6M | 118.1M | 124.0M | |
Non Current Assets Total | 43.3M | 53.5M | 28.7M | 50.0M | 100.7M | 105.8M | |
Non Currrent Assets Other | 7.9M | 10.1M | 8.5M | 28.9M | 20.2M | 21.2M | |
Cash And Short Term Investments | 31.2M | 42.0M | 96.8M | 99.1M | 118.4M | 60.2M | |
Net Receivables | 49.8M | 60.8M | 52.4M | 55.1M | 61.9M | 45.9M | |
Good Will | 11.1M | 12.1M | 25.9M | 11.8M | 11.5M | 9.5M | |
Common Stock Shares Outstanding | 27.5M | 26.8M | 26.3M | 26.4M | 26.1M | 26.1M | |
Liabilities And Stockholders Equity | 156.2M | 187.3M | 229.0M | 277.6M | 330.6M | 173.8M | |
Non Current Liabilities Total | 3.2M | 3.8M | 2.4M | 4.8M | 47.8M | 50.2M | |
Inventory | 16.6M | 16.9M | 17.7M | 15.7M | 14.6M | 10.2M | |
Other Current Assets | 2.1M | 3.2M | 21.8M | 6.2M | 34.9M | 36.6M | |
Other Stockholder Equity | 131.9M | 130.9M | 129.2M | 127.5M | 133.4M | 106.7M | |
Total Liab | 75.3M | 101.3M | 116.7M | 104.0M | 146.0M | 153.3M | |
Property Plant And Equipment Gross | 3.6M | 259K | 297K | 891K | 20.0M | 21.0M | |
Total Current Assets | 112.9M | 133.8M | 200.3M | 227.6M | 229.8M | 138.5M | |
Accumulated Other Comprehensive Income | 2.5M | 3.8M | 3.2M | 1.9M | 3.3M | 1.7M | |
Other Liab | 464K | 554K | 7K | 3.1M | 3.5M | 3.7M | |
Other Assets | 17.7M | 10.6M | (1K) | 36.0M | 41.4M | 43.4M | |
Common Stock Total Equity | 274K | 276K | 282K | 287K | 330.1K | 278.9K | |
Intangible Assets | 6.8M | 11.6M | 3.6M | 3.1M | 2.7M | 5.2M | |
Common Stock | 274K | 276K | 282K | 287K | 304K | 283.1K | |
Property Plant Equipment | 3.6M | 4.7M | 297K | 891K | 801.9K | 761.8K | |
Net Tangible Assets | 56.1M | 40.8M | 89.7M | 165.6M | 190.5M | 200.0M | |
Current Deferred Revenue | 13.4M | 5.6M | (229K) | 5.8M | 5.6M | 5.5M | |
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) | 49.0M | 44.1M | 46.3M | |
Capital Surpluse | 139.6M | 140.7M | 143.2M | 146.5M | 168.5M | 136.8M |
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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.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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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 0.075 | 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.