Green Short Term Investments vs Non Currrent Assets Other Analysis
GPRE Stock | USD 18.27 0.29 1.56% |
Green Plains financial indicator trend analysis is much more than just examining Green Plains Renewable latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Green Plains Renewable is a good investment. Please check the relationship between Green Plains Short Term Investments and its Non Currrent Assets Other accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Green Plains Renewable. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Short Term Investments vs Non Currrent Assets Other
Short Term Investments vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Green Plains Renewable Short Term Investments account and Non Currrent Assets Other. At this time, the significance of the direction appears to have no relationship.
The correlation between Green Plains' Short Term Investments and Non Currrent Assets Other is 0.07. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Green Plains Renewable, assuming nothing else is changed. The correlation between historical values of Green Plains' Short Term Investments and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Green Plains Renewable are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Short Term Investments i.e., Green Plains' Short Term Investments and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.07 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Short Term Investments
Short Term Investments is an item under the current assets section of Green Plains balance sheet. It contains any investments Green Plains Renewable undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Green Plains Renewable can easily liquidate in the marketplace.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.Most indicators from Green Plains' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Green Plains Renewable 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 Green Plains Renewable. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. The current year's Issuance Of Capital Stock is expected to grow to 0.00, whereas Selling General Administrative is forecasted to decline to about 78.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 202.1M | 137.8M | 191.9M | 181.3M | Total Revenue | 2.8B | 3.7B | 3.3B | 2.9B |
Green Plains fundamental ratios Correlations
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Green Plains Account Relationship Matchups
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Green Plains fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 1.6B | 2.2B | 2.1B | 1.9B | 1.6B | |
Total Current Liabilities | 541.8M | 452.6M | 471.8M | 486.9M | 385.0M | 430.2M | |
Total Stockholder Equity | 751.9M | 646.9M | 950.5M | 910.0M | 843.7M | 651.9M | |
Property Plant And Equipment Net | 879.7M | 863.6M | 957.6M | 1.1B | 1.1B | 817.1M | |
Net Debt | 373.3M | 356.8M | 363.1M | 266.3M | 326.9M | 328.5M | |
Retained Earnings | 148.2M | 39.4M | (15.2M) | (142.4M) | (235.8M) | (224.0M) | |
Accounts Payable | 156.7M | 140.1M | 146.1M | 234.3M | 186.6M | 141.3M | |
Cash | 246.0M | 233.9M | 426.2M | 444.7M | 349.6M | 259.4M | |
Non Current Assets Total | 1.0B | 936.6M | 1.0B | 1.2B | 1.2B | 923.2M | |
Cash And Short Term Investments | 246.0M | 233.9M | 551.1M | 444.7M | 349.6M | 270.2M | |
Common Stock Shares Outstanding | 38.1M | 34.6M | 46.7M | 55.5M | 58.8M | 36.8M | |
Liabilities And Stockholders Equity | 1.7B | 1.6B | 2.2B | 2.1B | 1.9B | 1.6B | |
Other Current Assets | 31.6M | 41.8M | 43.2M | 39.6M | 23.1M | 22.0M | |
Other Stockholder Equity | 614.8M | 609.6M | 977.9M | 1.1B | 1.1B | 557.8M | |
Total Liab | 832.9M | 802.3M | 1.1B | 1.1B | 949.3M | 909.5M | |
Property Plant And Equipment Gross | 879.7M | 863.6M | 957.6M | 1.1B | 1.8B | 1.9B | |
Total Current Assets | 667.9M | 642.4M | 1.1B | 928.8M | 732.7M | 707.9M | |
Accumulated Other Comprehensive Income | (11.1M) | (2.2M) | (12.3M) | (26.6M) | (3.2M) | (3.3M) | |
Short Long Term Debt Total | 619.3M | 590.6M | 789.3M | 711.0M | 676.5M | 620.6M | |
Other Current Liab | 8.7M | 20.3M | 43.2M | 92.4M | 10.6M | 10.0M | |
Other Liab | 8.8M | 12.8M | 22.1M | 24.4M | 28.0M | 30.1M | |
Current Deferred Revenue | 39.4M | 38.5M | 57.0M | 57.0M | 65.6M | 68.9M | |
Non Currrent Assets Other | (81.9M) | (61.0M) | (80.8M) | (95.6M) | (82.2M) | (78.1M) | |
Other Assets | 81.6M | 134.9M | 84.4M | 27.4M | 31.5M | 29.9M | |
Long Term Debt | 244.0M | 287.3M | 514.0M | 495.2M | 491.9M | 450.9M | |
Net Receivables | 113.4M | 56.2M | 120.9M | 109.9M | 95.3M | 100.3M | |
Non Current Liabilities Total | 291.1M | 349.7M | 585.9M | 575.1M | 564.3M | 505.9M | |
Inventory | 253.0M | 269.5M | 267.8M | 279.0M | 215.8M | 283.6M | |
Short Term Debt | 337.0M | 253.8M | 225.5M | 160.2M | 130.7M | 248.7M | |
Property Plant Equipment | 827.3M | 801.7M | 957.6M | 1.1B | 1.3B | 848.4M | |
Net Tangible Assets | 751.9M | 646.9M | 950.5M | 862.9M | 992.3M | 778.6M | |
Noncontrolling Interest In Consolidated Entity | 116.2M | 113.4M | 129.8M | 151.5M | 174.2M | 90.6M | |
Retained Earnings Total Equity | 324.7M | 148.2M | 39.4M | (15.2M) | (13.7M) | (13.0M) | |
Long Term Debt Total | 298.2M | 244.0M | 287.3M | 514.0M | 462.6M | 369.0M | |
Capital Surpluse | 696.2M | 734.6M | 740.9M | 1.1B | 1.2B | 708.7M |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Green Plains Renewable. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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Is Green Plains' 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 Green Plains. If investors know Green 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 Green Plains 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 2.661 | Earnings Share (1.20) | Revenue Per Share 50.99 | Quarterly Revenue Growth (0.28) | Return On Assets (0.02) |
The market value of Green Plains Renewable is measured differently than its book value, which is the value of Green that is recorded on the company's balance sheet. Investors also form their own opinion of Green Plains' value that differs from its market value or its book value, called intrinsic value, which is Green Plains' 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 Green Plains' market value can be influenced by many factors that don't directly affect Green Plains' 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 Green Plains' value and its price as these two are different measures arrived at by different means. Investors typically determine if Green Plains is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Green Plains' 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.