| GNFT Stock | | | USD 4.84 0.65 15.51% |
Genfit financial indicator trend analysis is much more than just examining Genfit latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genfit is a good investment. Please check the relationship between Genfit Non Currrent Assets Other and its Net Debt accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genfit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
For more information on how to buy Genfit Stock please use our
How to Invest in Genfit guide.
Non Currrent Assets Other vs Net Debt
Non Currrent Assets Other vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Genfit Non Currrent Assets Other account and
Net Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between Genfit's Non Currrent Assets Other and Net Debt is 0.22. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Net Debt in the same time period over historical financial statements of Genfit, assuming nothing else is changed. The correlation between historical values of Genfit's Non Currrent Assets Other and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Genfit are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Currrent Assets Other i.e., Genfit's Non Currrent Assets Other and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.22 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Genfit's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genfit 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 Genfit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
For more information on how to buy Genfit Stock please use our
How to Invest in Genfit guide.At this time, Genfit's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 215.8
M in 2024, whereas
Tax Provision is likely to drop slightly above 211.8
K in 2024.
Genfit fundamental ratios Correlations
Click cells to compare fundamentals
Genfit Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Genfit fundamental ratios Accounts
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Additional Tools for Genfit Stock Analysis
When running Genfit's price analysis, check to
measure Genfit'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 Genfit is operating at the current time. Most of Genfit's value examination focuses on studying past and present price action to
predict the probability of Genfit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genfit's price. Additionally, you may evaluate how the addition of Genfit to your portfolios can decrease your overall portfolio volatility.