Genie Good Will vs Other Assets Analysis
GNE Stock | USD 14.55 0.11 0.75% |
Genie Energy financial indicator trend analysis is much more than just examining Genie Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genie Energy is a good investment. Please check the relationship between Genie Energy Good Will and its Other Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genie Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.
Good Will vs Other Assets
Good Will vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genie Energy Good Will account and Other Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Genie Energy's Good Will and Other Assets is 0.25. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Assets in the same time period over historical financial statements of Genie Energy, assuming nothing else is changed. The correlation between historical values of Genie Energy's Good Will and Other 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 Good Will of Genie Energy are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Good Will i.e., Genie Energy's Good Will and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Other Assets
Most indicators from Genie Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genie 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 Genie Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.At present, Genie Energy's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 34.39, whereas Selling General Administrative is forecasted to decline to about 68.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 427K | 129K | 99K | 94.1K | Depreciation And Amortization | 436K | 385K | 463K | 439.9K |
Genie Energy fundamental ratios Correlations
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Genie Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Genie Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 156.2M | 187.3M | 229.0M | 277.6M | 330.6M | 173.8M | |
Other Current Liab | 30.8M | 61.6M | 92.4M | 49.3M | 57.8M | 60.7M | |
Total Current Liabilities | 72.2M | 97.5M | 114.3M | 99.2M | 98.3M | 61.7M | |
Total Stockholder Equity | 94.8M | 98.1M | 124.9M | 187.1M | 197.2M | 116.5M | |
Property Plant And Equipment Net | 3.6M | 259K | 297K | 891K | 17.3M | 18.2M | |
Net Debt | (26.9M) | (35.5M) | (93.8M) | (96.6M) | (107.3M) | (101.9M) | |
Retained Earnings | (59.7M) | (56.7M) | (27.5M) | 49.0M | 60.2M | 63.2M | |
Accounts Payable | 24.4M | 26.9M | 14.5M | 25.3M | 27.9M | 21.6M | |
Cash | 31.2M | 36.9M | 95.5M | 98.6M | 107.6M | 58.1M | |
Non Current Assets Total | 43.3M | 53.5M | 28.7M | 50.0M | 100.7M | 105.8M | |
Non Currrent Assets Other | 7.9M | 10.1M | 8.5M | 28.9M | 65.5M | 68.7M | |
Cash And Short Term Investments | 31.2M | 42.0M | 96.8M | 99.1M | 108.0M | 59.4M | |
Net Receivables | 49.8M | 48.4M | 41.3M | 55.1M | 61.9M | 44.2M | |
Good Will | 11.1M | 12.1M | 25.9M | 11.8M | 11.5M | 9.5M | |
Common Stock Shares Outstanding | 27.5M | 26.8M | 26.3M | 26.4M | 26.1M | 26.1M | |
Liabilities And Stockholders Equity | 156.2M | 187.3M | 229.0M | 277.6M | 330.6M | 173.8M | |
Non Current Liabilities Total | 3.2M | 3.8M | 2.4M | 4.8M | 47.8M | 50.2M | |
Inventory | 16.6M | 16.9M | 17.7M | 15.7M | 14.6M | 10.2M | |
Other Current Assets | 2.1M | 31.5M | 39.8M | 57.7M | 45.3M | 47.6M | |
Other Stockholder Equity | 131.9M | 130.9M | 129.2M | 127.5M | 133.4M | 106.7M | |
Total Liab | 75.3M | 101.3M | 116.7M | 104.0M | 146.0M | 153.3M | |
Property Plant And Equipment Gross | 3.6M | 259K | 297K | 891K | 20.0M | 21.0M | |
Total Current Assets | 112.9M | 133.8M | 200.3M | 227.6M | 229.8M | 138.5M | |
Accumulated Other Comprehensive Income | 2.5M | 3.8M | 3.2M | 1.9M | 3.3M | 1.7M | |
Other Liab | 464K | 554K | 7K | 3.1M | 3.5M | 3.7M | |
Other Assets | 17.7M | 10.6M | (1K) | 36.0M | 41.4M | 43.4M | |
Common Stock Total Equity | 274K | 276K | 282K | 287K | 330.1K | 278.9K | |
Intangible Assets | 6.8M | 11.6M | 3.6M | 3.1M | 2.7M | 5.2M | |
Common Stock | 274K | 276K | 282K | 287K | 304K | 283.1K | |
Property Plant Equipment | 3.6M | 4.7M | 297K | 891K | 801.9K | 761.8K | |
Net Tangible Assets | 56.1M | 40.8M | 89.7M | 165.6M | 190.5M | 200.0M | |
Current Deferred Revenue | 13.4M | 5.6M | (229K) | 5.8M | 5.6M | 5.5M | |
Noncontrolling Interest In Consolidated Entity | (13.9M) | (12.0M) | (12.5M) | (13.5M) | (12.1M) | (12.7M) | |
Retained Earnings Total Equity | (59.7M) | (56.7M) | (29.1M) | 49.0M | 44.1M | 46.3M | |
Capital Surpluse | 139.6M | 140.7M | 143.2M | 146.5M | 168.5M | 136.8M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Genie Energy is a strong investment it is important to analyze Genie Energy'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 Genie Energy's future performance. For an informed investment choice regarding Genie 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 Genie Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Electric Utilities space 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 Genie Energy. If investors know Genie 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 Genie Energy 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 (0.28) | Dividend Share 0.3 | Earnings Share 0.08 | Revenue Per Share 16.136 | Quarterly Revenue Growth (0.10) |
The market value of Genie Energy is measured differently than its book value, which is the value of Genie that is recorded on the company's balance sheet. Investors also form their own opinion of Genie Energy's value that differs from its market value or its book value, called intrinsic value, which is Genie Energy'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 Genie Energy's market value can be influenced by many factors that don't directly affect Genie Energy'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 Genie Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genie Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genie Energy'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.