Genuine Total Stockholder Equity vs Net Receivables 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 Stockholder Equity and its Net Receivables 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 Stockholder Equity vs Net Receivables

Total Stockholder Equity vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genuine Parts Total Stockholder Equity account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Genuine Parts' Total Stockholder Equity and Net Receivables is 0.89. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Receivables 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 Stockholder Equity and Net Receivables 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 Stockholder Equity of Genuine Parts Co are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Stockholder Equity i.e., Genuine Parts' Total Stockholder Equity and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Receivables

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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Complementary Tools for Genuine Stock analysis

When running Genuine Parts' price analysis, check to measure Genuine Parts' 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 Genuine Parts is operating at the current time. Most of Genuine Parts' value examination focuses on studying past and present price action to predict the probability of Genuine Parts' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genuine Parts' price. Additionally, you may evaluate how the addition of Genuine Parts to your portfolios can decrease your overall portfolio volatility.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
FinTech Suite
Use AI to screen and filter profitable investment opportunities
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.