GEOS Stock | | | USD 11.60 0.23 2.02% |
Geospace Technologies financial indicator trend analysis is much more than just examining Geospace Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Geospace Technologies is a good investment. Please check the relationship between Geospace Technologies Total Assets and its Cash accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Geospace Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy Geospace Stock please use our
How to Invest in Geospace Technologies guide.
Total Assets vs Cash
Total Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Geospace Technologies Total Assets account and
Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between Geospace Technologies' Total Assets and Cash is 0.34. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Geospace Technologies, assuming nothing else is changed. The correlation between historical values of Geospace Technologies' Total Assets and Cash 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 Geospace Technologies are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Assets i.e., Geospace Technologies' Total Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Geospace Technologies 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 Geospace Technologies 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.
Cash
Cash refers to the most liquid asset of Geospace Technologies, which is listed under current asset account on Geospace Technologies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Geospace Technologies customers. The amounts must be unrestricted with restricted cash listed in a different Geospace Technologies account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Geospace Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Geospace Technologies 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 Geospace Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy Geospace Stock please use our
How to Invest in Geospace Technologies guide.At this time, Geospace Technologies'
Tax Provision is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 204.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 19.6
M in 2024.
Geospace Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Geospace Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Geospace Technologies fundamental ratios Accounts
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Additional Tools for Geospace Stock Analysis
When running Geospace Technologies' price analysis, check to
measure Geospace Technologies' 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 Geospace Technologies is operating at the current time. Most of Geospace Technologies' value examination focuses on studying past and present price action to
predict the probability of Geospace Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Geospace Technologies' price. Additionally, you may evaluate how the addition of Geospace Technologies to your portfolios can decrease your overall portfolio volatility.