Greenwave Pb Ratio vs Ptb Ratio Analysis

GWAV Stock

USD 5.11 0.17 3.44%

Greenwave Technology financial indicator trend analysis is much more than just examining Greenwave Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Greenwave Technology is a good investment. Please check the relationship between Greenwave Technology Pb Ratio and its Ptb Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenwave Technology Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Pb Ratio vs Ptb Ratio

Pb Ratio vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Greenwave Technology Pb Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have totally related.

The correlation between Greenwave Technology's Pb Ratio and Ptb Ratio is 1.0. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Greenwave Technology Solutions, assuming nothing else is changed. The correlation between historical values of Greenwave Technology's Pb Ratio and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Greenwave Technology Solutions are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Pb Ratio i.e., Greenwave Technology's Pb Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Pb Ratio

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most indicators from Greenwave Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Greenwave Technology 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 Greenwave Technology Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Issuance Of Capital Stock is likely to climb to about 48.7 M in 2026, whereas Selling General Administrative is likely to drop slightly above 10.8 M in 2026.

	2023	2024	2025	2026 (projected)
Total Operating Expenses	18.1M	27.1M	31.2M	32.8M
Cost Of Revenue	27.0M	27.7M	31.8M	33.4M

Total Operating Expenses Cost Of Revenue

Greenwave Technology fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Accounts Payable	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Current Deferred Revenue	Net Tangible Assets	Other Assets	Short Term Debt	Intangible Assets
Total Assets		0.06	0.43	0.73	0.97	0.66	-0.89	0.91	1.0	0.91	0.86	0.95	0.55	0.94	-0.3	0.71	0.37	-0.38	0.92	0.87	0.5	-0.26	-0.86	-0.74	0.87	0.57
Other Current Liab	0.06		0.91	-0.57	-0.11	0.09	-0.32	0.27	0.06	0.27	-0.14	0.19	0.77	0.02	0.19	0.12	0.31	-0.69	-0.17	-0.14	-0.06	0.43	-0.35	-0.53	0.29	0.68
Total Current Liabilities	0.43	0.91		-0.27	0.28	0.42	-0.67	0.54	0.44	0.54	0.19	0.56	0.94	0.35	0.16	0.45	0.55	-0.82	0.2	0.22	0.2	0.32	-0.68	-0.82	0.66	0.89
Total Stockholder Equity	0.73	-0.57	-0.27		0.81	0.24	-0.42	0.59	0.72	0.59	0.8	0.58	-0.17	0.77	-0.41	0.28	-0.02	0.2	0.82	0.83	0.18	-0.5	-0.37	-0.16	0.39	-0.07
Property Plant And Equipment Net	0.97	-0.11	0.28	0.81		0.61	-0.85	0.84	0.96	0.84	0.95	0.94	0.41	0.96	-0.26	0.65	0.39	-0.28	0.98	0.93	0.46	-0.23	-0.76	-0.67	0.8	0.47
Net Debt	0.66	0.09	0.42	0.24	0.61		-0.75	0.49	0.69	0.49	0.4	0.67	0.68	0.44	-0.11	1.0	0.45	-0.39	0.52	0.35	0.93	-0.13	-0.79	-0.7	0.83	0.62
Retained Earnings	-0.89	-0.32	-0.67	-0.42	-0.85	-0.75		-0.78	-0.9	-0.78	-0.73	-0.97	-0.77	-0.79	0.14	-0.78	-0.57	0.65	-0.78	-0.75	-0.53	-0.1	0.9	0.93	-0.93	-0.83
Cash	0.91	0.27	0.54	0.59	0.84	0.49	-0.78		0.9	1.0	0.78	0.83	0.59	0.92	-0.28	0.56	0.27	-0.4	0.8	0.74	0.35	-0.26	-0.77	-0.64	0.74	0.5
Non Current Assets Total	1.0	0.06	0.44	0.72	0.96	0.69	-0.9	0.9		0.9	0.85	0.95	0.57	0.92	-0.3	0.73	0.37	-0.39	0.9	0.86	0.52	-0.26	-0.87	-0.75	0.88	0.59
Cash And Short Term Investments	0.91	0.27	0.54	0.59	0.84	0.49	-0.78	1.0	0.9		0.78	0.83	0.59	0.92	-0.28	0.56	0.27	-0.4	0.8	0.74	0.35	-0.26	-0.77	-0.64	0.74	0.5
Other Current Assets	0.86	-0.14	0.19	0.8	0.95	0.4	-0.73	0.78	0.85	0.78		0.85	0.26	0.96	-0.2	0.45	0.36	-0.16	0.98	0.93	0.27	-0.14	-0.57	-0.54	0.63	0.33
Other Stockholder Equity	0.95	0.19	0.56	0.58	0.94	0.67	-0.97	0.83	0.95	0.83	0.85		0.65	0.89	-0.19	0.71	0.51	-0.55	0.89	0.87	0.47	0.02	-0.85	-0.86	0.89	0.72
Total Liab	0.55	0.77	0.94	-0.17	0.41	0.68	-0.77	0.59	0.57	0.59	0.26	0.65		0.4	0.06	0.71	0.56	-0.78	0.31	0.25	0.51	0.22	-0.8	-0.87	0.78	0.91
Total Current Assets	0.94	0.02	0.35	0.77	0.96	0.44	-0.79	0.92	0.92	0.92	0.96	0.89	0.4		-0.24	0.5	0.35	-0.27	0.96	0.92	0.29	-0.22	-0.69	-0.61	0.72	0.43
Common Stock	-0.3	0.19	0.16	-0.41	-0.26	-0.11	0.14	-0.28	-0.3	-0.28	-0.2	-0.19	0.06	-0.24		-0.13	0.69	-0.3	-0.22	-0.13	-0.15	0.02	0.07	-0.02	-0.02	0.1
Short Long Term Debt Total	0.71	0.12	0.45	0.28	0.65	1.0	-0.78	0.56	0.73	0.56	0.45	0.71	0.71	0.5	-0.13		0.46	-0.4	0.56	0.4	0.91	-0.16	-0.82	-0.72	0.86	0.63
Accounts Payable	0.37	0.31	0.55	-0.02	0.39	0.45	-0.57	0.27	0.37	0.27	0.36	0.51	0.56	0.35	0.69	0.46		-0.61	0.38	0.43	0.24	0.04	-0.57	-0.67	0.65	0.67
Non Currrent Assets Other	-0.38	-0.69	-0.82	0.2	-0.28	-0.39	0.65	-0.4	-0.39	-0.4	-0.16	-0.55	-0.78	-0.27	-0.3	-0.4	-0.61		-0.19	-0.28	-0.19	-0.37	0.6	0.76	-0.6	-0.82
Net Receivables	0.92	-0.17	0.2	0.82	0.98	0.52	-0.78	0.8	0.9	0.8	0.98	0.89	0.31	0.96	-0.22	0.56	0.38	-0.19		0.93	0.39	-0.21	-0.65	-0.59	0.71	0.38
Common Stock Shares Outstanding	0.87	-0.14	0.22	0.83	0.93	0.35	-0.75	0.74	0.86	0.74	0.93	0.87	0.25	0.92	-0.13	0.4	0.43	-0.28	0.93		0.15	-0.2	-0.64	-0.6	0.68	0.42
Non Current Liabilities Total	0.5	-0.06	0.2	0.18	0.46	0.93	-0.53	0.35	0.52	0.35	0.27	0.47	0.51	0.29	-0.15	0.91	0.24	-0.19	0.39	0.15		-0.14	-0.56	-0.43	0.6	0.34
Current Deferred Revenue	-0.26	0.43	0.32	-0.5	-0.23	-0.13	-0.1	-0.26	-0.26	-0.26	-0.14	0.02	0.22	-0.22	0.02	-0.16	0.04	-0.37	-0.21	-0.2	-0.14		0.23	-0.17	-0.14	0.28
Net Tangible Assets	-0.86	-0.35	-0.68	-0.37	-0.76	-0.79	0.9	-0.77	-0.87	-0.77	-0.57	-0.85	-0.8	-0.69	0.07	-0.82	-0.57	0.6	-0.65	-0.64	-0.56	0.23		0.9	-0.96	-0.82
Other Assets	-0.74	-0.53	-0.82	-0.16	-0.67	-0.7	0.93	-0.64	-0.75	-0.64	-0.54	-0.86	-0.87	-0.61	-0.02	-0.72	-0.67	0.76	-0.59	-0.6	-0.43	-0.17	0.9		-0.9	-0.97
Short Term Debt	0.87	0.29	0.66	0.39	0.8	0.83	-0.93	0.74	0.88	0.74	0.63	0.89	0.78	0.72	-0.02	0.86	0.65	-0.6	0.71	0.68	0.6	-0.14	-0.96	-0.9		0.82
Intangible Assets	0.57	0.68	0.89	-0.07	0.47	0.62	-0.83	0.5	0.59	0.5	0.33	0.72	0.91	0.43	0.1	0.63	0.67	-0.82	0.38	0.42	0.34	0.28	-0.82	-0.97	0.82

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Greenwave Technology Account Relationship Matchups

Greenwave Technology fundamental ratios Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	38.2M	41.5M	46.4M	63.1M	72.6M	76.2M
Other Current Liab	46.3M	3.8M	6.3M	4.0M	4.6M	4.4M
Total Current Liabilities	59.5M	19.0M	23.3M	21.1M	24.3M	20.3M
Total Stockholder Equity	(23.3M)	15.3M	(4.5M)	37.0M	42.5M	44.6M
Property Plant And Equipment Net	6.5M	17.4M	23.8M	38.5M	44.3M	46.5M
Net Debt	7.5M	16.0M	37.1M	13.2M	15.2M	7.9M
Retained Earnings	(298.4M)	(362.3M)	(395.9M)	(496.3M)	(446.7M)	(424.3M)
Cash	3.0M	821.8K	1.5M	2.6M	3.0M	3.1M
Non Current Assets Total	34.8M	40.2M	43.7M	55.4M	63.8M	67.0M
Cash And Short Term Investments	3.0M	821.8K	1.5M	2.6M	3.0M	3.1M
Liabilities And Stockholders Equity	38.2M	41.5M	46.4M	63.1M	72.6M	76.2M
Other Current Assets	0.0	12.8K	296.8K	921.6K	1.1M	1.1M
Other Stockholder Equity	275.1M	377.6M	391.4M	533.2M	613.2M	643.9M
Total Liab	61.5M	26.1M	50.9M	26.1M	30.1M	24.2M
Total Current Assets	3.3M	1.2M	2.7M	7.6M	8.8M	9.2M
Common Stock	3.3K	11.0K	17.0K	26.1K	23.5K	22.3K
Short Long Term Debt Total	10.6M	16.8M	38.6M	15.8M	18.2M	9.6M
Accounts Payable	623.6K	1.5M	1.9M	2.4M	2.7M	1.6M
Common Stock Shares Outstanding	54.7K	6.6M	87.1K	11.9M	13.6M	14.3M
Non Current Liabilities Total	2.1M	7.1M	27.6M	5.0M	5.8M	5.0M
Inventory	381K	189.6K	200.4K	2.9M	3.3M	3.5M
Short Term Debt	8.5M	9.7M	11.0M	10.8M	12.4M	7.4M
Net Invested Capital	(16.6M)	29.1M	33.9M	51.6M	59.4M	62.4M
Short Long Term Debt	6.7M	6.7M	10.8M	2.7M	3.1M	6.3M
Capital Stock	3.3K	11.0K	17.0K	26.5K	23.9K	22.7K
Net Working Capital	(56.1M)	(17.8M)	(20.6M)	(5.8M)	(6.6M)	(7.0M)
Property Plant And Equipment Gross	8.4M	19.9M	29.1M	46.5M	53.4M	56.1M
Long Term Debt	24.7K	7.0M	27.5M	12.0M	13.7M	10.3M
Capital Lease Obligations	3.7M	3.1M	295.9K	1.1M	994.8K	1.3M

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