Gran Cash and Equivalents vs Total Assets Analysis

GTE Stock  USD 7.01  0.07  1.01%   
Gran Tierra financial indicator trend analysis is much more than just examining Gran Tierra Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gran Tierra Energy is a good investment. Please check the relationship between Gran Tierra Cash And Equivalents and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gran Tierra 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 estimate.

Cash And Equivalents vs Total Assets

Cash and Equivalents vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gran Tierra Energy Cash and Equivalents account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Gran Tierra's Cash and Equivalents and Total Assets is -0.08. Overlapping area represents the amount of variation of Cash and Equivalents that can explain the historical movement of Total Assets in the same time period over historical financial statements of Gran Tierra Energy, assuming nothing else is changed. The correlation between historical values of Gran Tierra's Cash and Equivalents 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 Cash and Equivalents of Gran Tierra 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 Cash and Equivalents i.e., Gran Tierra's Cash and Equivalents and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash And Equivalents

Total Assets

Total assets refers to the total amount of Gran Tierra 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 Gran Tierra 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 Gran Tierra's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gran Tierra 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 Gran Tierra 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 estimate.
At present, Gran Tierra's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 2.58, whereas Selling General Administrative is forecasted to decline to about 43.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit333.8M531.1M220.0M266.0M
Total Revenue473.7M711.4M637.0M433.5M

Gran Tierra fundamental ratios Correlations

0.240.350.730.770.260.96-0.10.240.790.450.96-0.110.110.550.680.690.350.290.20.120.830.430.120.720.73
0.240.050.31-0.40.410.440.87-0.780.53-0.420.410.590.77-0.34-0.010.640.060.95-0.22-0.040.190.920.46-0.290.49
0.350.050.60.13-0.060.3-0.14-0.010.240.50.270.54-0.290.47-0.280.080.060.010.61-0.660.420.160.730.360.14
0.730.310.60.40.160.74-0.05-0.010.690.50.70.210.070.510.20.540.210.370.2-0.060.730.570.430.530.58
0.77-0.40.130.4-0.050.59-0.660.760.360.670.61-0.57-0.360.730.710.240.32-0.340.240.270.62-0.2-0.320.860.4
0.260.41-0.060.16-0.050.460.53-0.510.5-0.510.470.250.59-0.480.090.59-0.150.53-0.16-0.060.160.510.26-0.360.6
0.960.440.30.740.590.460.16-0.020.90.211.00.020.330.310.620.820.260.520.120.080.790.640.240.490.81
-0.10.87-0.14-0.05-0.660.530.16-0.90.34-0.80.150.540.82-0.74-0.160.47-0.130.85-0.31-0.15-0.150.740.4-0.690.23
0.24-0.78-0.01-0.010.76-0.51-0.02-0.9-0.180.690.0-0.76-0.750.70.45-0.430.26-0.740.20.250.13-0.66-0.520.73-0.26
0.790.530.240.690.360.50.90.34-0.18-0.010.880.090.340.080.520.780.170.620.080.010.50.720.390.270.7
0.45-0.420.50.50.67-0.510.21-0.80.69-0.010.19-0.2-0.630.980.14-0.140.27-0.470.350.10.49-0.29-0.060.90.09
0.960.410.270.70.610.471.00.150.00.880.19-0.020.340.290.640.830.270.480.10.090.790.60.20.490.82
-0.110.590.540.21-0.570.250.020.54-0.760.09-0.2-0.020.32-0.24-0.60.24-0.230.480.33-0.60.070.470.79-0.360.22
0.110.77-0.290.07-0.360.590.330.82-0.750.34-0.630.340.32-0.570.10.640.090.82-0.470.120.150.740.02-0.460.48
0.55-0.340.470.510.73-0.480.31-0.740.70.080.980.29-0.24-0.570.25-0.070.36-0.380.290.150.52-0.21-0.090.950.15
0.68-0.01-0.280.20.710.090.62-0.160.450.520.140.64-0.60.10.250.350.410.08-0.010.410.430.12-0.450.540.32
0.690.640.080.540.240.590.820.47-0.430.78-0.140.830.240.64-0.070.350.110.67-0.090.110.620.730.270.080.9
0.350.060.060.210.32-0.150.26-0.130.260.170.270.27-0.230.090.360.410.110.08-0.30.240.240.12-0.230.410.0
0.290.950.010.37-0.340.530.520.85-0.740.62-0.470.480.480.82-0.380.080.670.08-0.30.030.230.970.4-0.30.52
0.2-0.220.610.20.24-0.160.12-0.310.20.080.350.10.33-0.470.29-0.01-0.09-0.3-0.3-0.690.26-0.210.430.310.04
0.12-0.04-0.66-0.060.27-0.060.08-0.150.250.010.10.09-0.60.120.150.410.110.240.03-0.690.070.01-0.620.210.14
0.830.190.420.730.620.160.79-0.150.130.50.490.790.070.150.520.430.620.240.230.260.070.380.130.620.68
0.430.920.160.57-0.20.510.640.74-0.660.72-0.290.60.470.74-0.210.120.730.120.97-0.210.010.380.46-0.130.6
0.120.460.730.43-0.320.260.240.4-0.520.39-0.060.20.790.02-0.09-0.450.27-0.230.40.43-0.620.130.46-0.160.2
0.72-0.290.360.530.86-0.360.49-0.690.730.270.90.49-0.36-0.460.950.540.080.41-0.30.310.210.62-0.13-0.160.26
0.730.490.140.580.40.60.810.23-0.260.70.090.820.220.480.150.320.90.00.520.040.140.680.60.20.26
Click cells to compare fundamentals

Gran Tierra Account Relationship Matchups

Gran Tierra fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B1.2B1.2B1.3B1.3B1.4B
Short Long Term Debt Total700.5M774.8M654.4M589.6M555.1M504.5M
Other Current Liab47.6M43.2M3.0M127.4M233.0M244.7M
Total Current Liabilities199.3M113.7M228.0M241.6M260.3M167.3M
Total Stockholder Equity1.0B257.0M302.1M417.6M396.4M376.6M
Other Liab112.3M56.3M71.6M86.8M99.8M51.8M
Property Plant And Equipment Net1.6B964.5M995.8M1.1B1.1B985.6M
Net Debt692.2M761.1M628.3M462.7M493.0M517.7M
Retained Earnings(260.3M)(1.0B)(995.8M)(856.7M)(863.0M)(819.9M)
Accounts Payable151.7M70.5M91.1M114.3M122.7M82.8M
Cash8.3M13.7M26.1M126.9M62.1M111.3M
Non Current Assets Total1.8B1.1B1.1B1.2B1.2B1.1B
Non Currrent Assets Other4.1M46.1M30.0M43.1M60.1M63.1M
Other Assets74.0M103.4M91.5M38.3M44.1M35.0M
Cash And Short Term Investments103.0M62.0M26.1M126.9M62.1M120.3M
Net Receivables172.1M58.0M58.7M10.8M12.4M11.7M
Common Stock Shares Outstanding37.7M36.7M36.8M36.9M33.5M30.2M
Liabilities And Stockholders Equity2.0B1.2B1.2B1.3B1.3B1.4B
Non Current Liabilities Total812.7M831.1M659.0M676.4M669.6M372.7M
Inventory516K427K392K1.1M29.0M30.5M
Other Current Assets15.0M13.5M16.6M29.8M(62.1M)(59.0M)
Other Stockholder Equity1.3B1.3B1.3B1.3B1.2B1.2B
Total Liab1.0B944.7M887.0M918.0M929.9M540.1M
Property Plant And Equipment Gross1.6B964.5M995.8M4.8B5.0B5.3B
Total Current Assets290.7M133.9M101.8M168.6M112.5M184.1M
Common Stock10.3M10.3M10.3M10.3M9.9M7.8M
Property Plant Equipment1.6B964.5M995.8M1.1B1.3B970.6M
Common Stock Total Equity10.3M10.3M10.3M10.3M11.8M8.1M
Long Term Debt700.5M774.8M587.4M589.6M493.0M293.2M
Net Tangible Assets930.0M257.0M302.1M417.6M375.8M668.9M
Retained Earnings Total Equity(260.3M)(1.0B)(995.8M)(856.7M)(771.1M)(732.5M)
Capital Surpluse1.3B1.3B1.3B1.3B1.5B1.3B
Deferred Long Term Liab28.4M23.4M59.8M28K25.2K23.9K
Non Current Liabilities Other52.5M56.3M71.6M86.8M10.9M10.3M

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When determining whether Gran Tierra Energy is a strong investment it is important to analyze Gran Tierra's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gran Tierra's future performance. For an informed investment choice regarding Gran Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gran Tierra 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 estimate.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Gran Tierra's price analysis, check to measure Gran Tierra'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 Gran Tierra is operating at the current time. Most of Gran Tierra's value examination focuses on studying past and present price action to predict the probability of Gran Tierra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gran Tierra's price. Additionally, you may evaluate how the addition of Gran Tierra to your portfolios can decrease your overall portfolio volatility.
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Is Gran Tierra'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 Gran Tierra. If investors know Gran 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 Gran Tierra 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
(0.74)
Earnings Share
(0.19)
Revenue Per Share
19.031
Quarterly Revenue Growth
(0.05)
Return On Assets
0.0818
The market value of Gran Tierra Energy is measured differently than its book value, which is the value of Gran that is recorded on the company's balance sheet. Investors also form their own opinion of Gran Tierra's value that differs from its market value or its book value, called intrinsic value, which is Gran Tierra'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 Gran Tierra's market value can be influenced by many factors that don't directly affect Gran Tierra'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 Gran Tierra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gran Tierra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gran Tierra'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.