GreenSky Tangible Asset Value vs Enterprise Value Analysis

GSKY
 Stock
  

USD 10.20  0.00  0.00%   

GreenSky financial indicator trend analysis is much more than just examining GreenSky latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GreenSky is a good investment. Please check the relationship between GreenSky Tangible Asset Value and its Enterprise Value accounts. Please check Risk vs Return Analysis.

Tangible Asset Value vs Enterprise Value

Tangible Asset Value vs Enterprise Value Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GreenSky Tangible Asset Value account and Enterprise Value. At this time, the significance of the direction appears to have no relationship.
The correlation between GreenSky's Tangible Asset Value and Enterprise Value is 0.03. Overlapping area represents the amount of variation of Tangible Asset Value that can explain the historical movement of Enterprise Value in the same time period over historical financial statements of GreenSky, assuming nothing else is changed. The correlation between historical values of GreenSky's Tangible Asset Value and Enterprise Value is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tangible Asset Value of GreenSky are associated (or correlated) with its Enterprise Value. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Enterprise Value has no effect on the direction of Tangible Asset Value i.e., GreenSky's Tangible Asset Value and Enterprise Value go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Tangible Asset Value

The value of tangibles assets calculated as the difference between Total Assets and [Intangibles].

Enterprise Value

Enterprise Value (or EV) is usually referred to as GreenSky theoretical takeover price. In the event of an acquisition, an acquirer would have to take on GreenSky debt, but would also pocket its cash. Enterprise Value is more accurate representation of GreenSky value than its market capitalization because it takes into account all of GreenSky existing debt. Enterprise value is a measure of the value of a business as a whole; calculated as Market Capitalization plus Total Debt USD minus Cash and Equivalents USD.
Most indicators from GreenSky fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GreenSky 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. Please check Risk vs Return Analysis.GreenSky Issuance Purchase of Equity Shares is fairly stable at the moment as compared to the past year. GreenSky reported Issuance Purchase of Equity Shares of 917,000 in 2021. Enterprise Value over EBIT is likely to rise to 29.94 in 2022, whereas Selling General and Administrative Expense is likely to drop slightly above 134.4 M in 2022.
 2018 2019 2021 2022 (projected)
Cost of Revenue161.39 M309.28 M198.9 M197.72 M
Consolidated Income127.98 M28.66 M117.81 M105.76 M

GreenSky fundamental ratios Correlations

GreenSky Account Relationship Matchups

GreenSky fundamental ratios Accounts

201720182019202020212022 (projected)
Total Assets302.2 M462.89 M802.9 M1.52 B1.19 B1.13 B
Cash and Equivalents228.11 M353.84 M458.5 M467.65 M552.44 M532.6 M
Cash and Equivalents USD228.11 M353.84 M458.5 M467.65 M552.44 M532.6 M
Shareholders Equity(123.51 M)(456.39 M)25.58 M(5.99 M)49.06 M52.93 M
Shareholders Equity USD(123.51 M)(456.39 M)25.58 M(5.99 M)49.06 M52.93 M
Investments41.27 M73.61 M2.88 M571.41 M5.32 M5.46 M
Total Liabilities90 M488.93 M837.67 M1.7 B1.22 B1.16 B
Trade and Non Trade Payables2.68 M6.84 M5.36 M15.42 M11.75 M11.39 M
Property Plant and Equipment Net7.02 M7.85 M10.23 M21.45 M23.39 M20.82 M
Trade and Non Trade Receivables18.2 M18.58 M15.54 M21.96 M19.11 M20.95 M
Accumulated Retained Earnings Deficit160.02 M98.52 M24.22 M33.75 M75.82 M71.37 M

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Please check Risk vs Return Analysis. Note that the GreenSky information on this page should be used as a complementary analysis to other GreenSky's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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