Genuine Total Assets vs Current Deferred Revenue Analysis

GPC Stock  USD 159.93  1.14  0.71%   
Genuine Parts financial indicator trend analysis is much more than just examining Genuine Parts latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genuine Parts is a good investment. Please check the relationship between Genuine Parts Total Assets and its Current Deferred Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genuine Parts Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Total Assets vs Current Deferred Revenue

Total Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genuine Parts Total Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Genuine Parts' Total Assets and Current Deferred Revenue is -0.09. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Genuine Parts Co, assuming nothing else is changed. The correlation between historical values of Genuine Parts' Total Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Genuine Parts Co are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Assets i.e., Genuine Parts' Total Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of Genuine Parts 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 Genuine Parts 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.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Genuine Parts' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genuine Parts 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 Genuine Parts Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
The current year's Enterprise Value is expected to grow to about 16.1 B, whereas Selling General Administrative is forecasted to decline to about 3.1 B.
 2021 2022 2023 2024 (projected)
Gross Profit6.6B7.7B7.9B8.3B
Total Revenue18.9B22.1B23.1B24.2B

Genuine Parts fundamental ratios Correlations

0.960.960.990.670.930.940.650.720.990.940.720.58-0.930.970.950.980.561.00.980.350.980.890.47-0.94-0.93
0.960.950.940.510.930.990.50.730.980.850.730.48-0.80.990.830.950.60.980.90.360.920.870.45-0.84-0.81
0.960.950.960.560.970.930.550.720.980.910.720.46-0.820.970.850.970.620.970.90.160.950.930.39-0.84-0.83
0.990.940.960.670.910.930.670.670.980.930.670.6-0.920.950.950.980.630.990.980.350.990.870.51-0.93-0.92
0.670.510.560.670.490.530.980.270.590.640.270.89-0.750.540.770.580.20.620.740.430.660.420.54-0.72-0.66
0.930.930.970.910.490.880.450.840.960.910.840.3-0.790.960.810.940.550.940.870.050.910.970.24-0.85-0.82
0.940.990.930.930.530.880.530.620.960.810.620.55-0.780.960.820.920.630.960.890.450.90.820.52-0.8-0.78
0.650.50.550.670.980.450.530.20.570.580.20.93-0.740.520.740.560.250.610.720.490.650.360.59-0.68-0.63
0.720.730.720.670.270.840.620.20.750.741.00.0-0.640.790.640.760.250.740.67-0.160.710.840.0-0.75-0.68
0.990.980.980.980.590.960.960.570.750.920.750.49-0.870.990.90.980.611.00.950.270.970.920.44-0.9-0.88
0.940.850.910.930.640.910.810.580.740.920.740.46-0.890.890.930.940.460.930.930.150.940.930.3-0.94-0.91
0.720.730.720.670.270.840.620.21.00.750.740.0-0.640.790.640.760.250.740.67-0.160.710.840.0-0.75-0.68
0.580.480.460.60.890.30.550.930.00.490.460.0-0.660.450.660.480.240.540.660.730.570.210.68-0.57-0.56
-0.93-0.8-0.82-0.92-0.75-0.79-0.78-0.74-0.64-0.87-0.89-0.64-0.66-0.83-0.97-0.86-0.38-0.89-0.97-0.4-0.92-0.73-0.450.960.99
0.970.990.970.950.540.960.960.520.790.990.890.790.45-0.830.860.970.540.980.920.270.940.910.39-0.87-0.85
0.950.830.850.950.770.810.820.740.640.90.930.640.66-0.970.860.910.480.920.980.380.960.790.52-0.97-0.97
0.980.950.970.980.580.940.920.560.760.980.940.760.48-0.860.970.910.60.980.940.230.980.930.37-0.9-0.88
0.560.60.620.630.20.550.630.250.250.610.460.250.24-0.380.540.480.60.60.490.140.630.530.53-0.43-0.41
1.00.980.970.990.620.940.960.610.741.00.930.740.54-0.890.980.920.980.60.960.320.980.90.46-0.91-0.9
0.980.90.90.980.740.870.890.720.670.950.930.670.66-0.970.920.980.940.490.960.420.970.820.48-0.97-0.96
0.350.360.160.350.430.050.450.49-0.160.270.15-0.160.73-0.40.270.380.230.140.320.420.28-0.060.54-0.33-0.36
0.980.920.950.990.660.910.90.650.710.970.940.710.57-0.920.940.960.980.630.980.970.280.880.48-0.93-0.93
0.890.870.930.870.420.970.820.360.840.920.930.840.21-0.730.910.790.930.530.90.82-0.060.880.18-0.83-0.78
0.470.450.390.510.540.240.520.590.00.440.30.00.68-0.450.390.520.370.530.460.480.540.480.18-0.39-0.38
-0.94-0.84-0.84-0.93-0.72-0.85-0.8-0.68-0.75-0.9-0.94-0.75-0.570.96-0.87-0.97-0.9-0.43-0.91-0.97-0.33-0.93-0.83-0.390.96
-0.93-0.81-0.83-0.92-0.66-0.82-0.78-0.63-0.68-0.88-0.91-0.68-0.560.99-0.85-0.97-0.88-0.41-0.9-0.96-0.36-0.93-0.78-0.380.96
Click cells to compare fundamentals

Genuine Parts Account Relationship Matchups

Genuine Parts fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.6B13.4B14.4B16.5B18.0B18.9B
Short Long Term Debt Total4.2B3.5B3.2B4.2B4.9B5.1B
Other Current Liab1.7B1.5B1.8B2.0B1.8B1.9B
Total Current Liabilities6.4B5.9B6.6B7.7B7.8B8.2B
Total Stockholder Equity3.7B3.2B3.5B3.8B4.4B2.6B
Property Plant And Equipment Net2.2B2.2B2.3B2.4B2.9B3.0B
Net Debt3.9B2.5B2.5B3.5B3.8B4.0B
Retained Earnings4.6B4.0B4.1B4.5B5.1B2.8B
Cash277.0M990.2M714.7M653.5M1.1B1.2B
Non Current Assets Total6.7B6.3B6.6B7.7B8.4B8.8B
Non Currrent Assets Other616.1M495.5M840.4M847.3M949.5M997.0M
Cash And Short Term Investments277.0M990.2M714.7M653.5M1.1B1.2B
Net Receivables2.4B1.6B1.8B2.2B2.2B1.3B
Common Stock Shares Outstanding146.4M145.1M144.2M142.3M141.0M133.3M
Liabilities And Stockholders Equity14.6B13.4B14.4B16.5B18.0B18.9B
Non Current Liabilities Total4.6B4.3B4.3B5.0B5.7B6.0B
Inventory3.4B3.5B3.9B4.4B4.7B4.9B
Other Current Assets1.1B1.1B1.4B1.5B1.6B1.7B
Other Stockholder Equity98.8M117.2M120.0M140.3M173.0M181.7M
Total Liab11.0B10.2B10.8B12.7B13.6B14.2B
Total Current Assets7.9B7.1B7.8B8.8B9.6B10.1B
Short Term Debt624.0M160.5M17M252.0M355.3M373.1M
Accounts Payable3.9B4.1B4.8B5.5B5.5B5.8B
Property Plant And Equipment Gross2.3B2.2B3.6B3.9B4.5B4.7B
Accumulated Other Comprehensive Income(1.1B)(1.0B)(857.7M)(1.0B)(976.9M)(928.0M)
Intangible Assets1.5B1.5B1.4B1.8B1.8B907.1M
Common Stock Total Equity145.4M144.4M142.2M140.9M126.8M127.1M
Common Stock145.4M144.4M142.2M140.9M139.6M126.5M
Other Assets553.8M1.7B985.9M847.3M974.4M584.8M
Long Term Debt2.8B2.5B2.4B3.1B3.6B3.7B
Good Will2.3B1.9B1.9B2.6B2.7B2.9B
Property Plant Equipment1.2B1.2B1.2B2.4B2.8B2.9B
Current Deferred Revenue110.9M114.0M(17M)132.6M119.4M95.3M
Other Liab928.4M1.0B1.1B1.1B1.3B739.7M
Net Tangible Assets637.8M578.4M958.2M225.8M203.2M193.0M
Noncontrolling Interest In Consolidated Entity20.8M13.2M12.5M14.1M16.2M17.1M
Retained Earnings Total Equity4.6B4.0B4.1B4.5B5.2B4.2B
Long Term Debt Total2.8B2.5B2.4B3.1B3.5B3.7B

Genuine Parts Investors Sentiment

The influence of Genuine Parts' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Genuine. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Genuine Parts' public news can be used to forecast risks associated with an investment in Genuine. The trend in average sentiment can be used to explain how an investor holding Genuine can time the market purely based on public headlines and social activities around Genuine Parts Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Genuine Parts' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Genuine Parts' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Genuine Parts' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Genuine Parts.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Genuine Parts in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Genuine Parts' short interest history, or implied volatility extrapolated from Genuine Parts options trading.

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When determining whether Genuine Parts offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Genuine Parts' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Genuine Parts Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Genuine Parts Co Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genuine Parts Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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Is Genuine Parts' 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 Genuine Parts. If investors know Genuine 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 Genuine Parts 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
(0.17)
Dividend Share
3.85
Earnings Share
8.96
Revenue Per Share
165.038
Quarterly Revenue Growth
0.003
The market value of Genuine Parts is measured differently than its book value, which is the value of Genuine that is recorded on the company's balance sheet. Investors also form their own opinion of Genuine Parts' value that differs from its market value or its book value, called intrinsic value, which is Genuine Parts' 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 Genuine Parts' market value can be influenced by many factors that don't directly affect Genuine Parts' 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 Genuine Parts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Genuine Parts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genuine Parts' 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.