Gaztransport Other Liab vs Net Tangible Assets Analysis

0QT5 Stock   137.90  0.10  0.07%   
Gaztransport financial indicator trend analysis is much more than just examining Gaztransport et Technigaz latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gaztransport et Technigaz is a good investment. Please check the relationship between Gaztransport Other Liab and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Gaztransport et Technigaz. 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.

Other Liab vs Net Tangible Assets

Other Liab vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gaztransport et Technigaz Other Liab account and Net Tangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Gaztransport's Other Liab and Net Tangible Assets is 0.95. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Gaztransport et Technigaz, assuming nothing else is changed. The correlation between historical values of Gaztransport's Other Liab and Net Tangible 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 Other Liab of Gaztransport et Technigaz are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Other Liab i.e., Gaztransport's Other Liab and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Liab

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Gaztransport's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gaztransport et Technigaz 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Gaztransport et Technigaz. 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.
Tax Provision is likely to drop to about 28.1 M in 2024. Selling General Administrative is likely to drop to about 96.6 M in 2024
 2019 2020 2023 2024 (projected)
Interest Income194K19K17.1K16.2K
Tax Provision26.8M37.2M42.8M28.1M

Gaztransport fundamental ratios Correlations

0.80.880.850.790.430.760.880.880.740.86-0.76-0.690.590.90.9-0.690.86-0.580.840.180.830.910.930.790.87
0.80.910.830.980.680.960.960.910.960.95-0.89-0.340.760.960.93-0.340.81-0.250.96-0.080.80.850.860.90.84
0.880.910.730.930.680.830.891.00.820.88-0.79-0.550.590.890.99-0.550.84-0.220.98-0.170.860.920.910.940.87
0.850.830.730.790.260.770.920.730.80.91-0.69-0.430.690.940.75-0.430.8-0.610.740.480.660.780.850.710.87
0.790.980.930.790.650.910.950.930.880.93-0.84-0.280.60.940.94-0.280.87-0.160.95-0.120.850.880.90.970.87
0.430.680.680.260.650.70.560.680.660.63-0.71-0.340.540.530.7-0.340.490.220.7-0.570.640.610.470.610.49
0.760.960.830.770.910.70.90.830.970.9-0.97-0.30.830.90.87-0.30.69-0.270.9-0.120.70.740.740.790.72
0.880.960.890.920.950.560.90.890.890.99-0.84-0.40.691.00.91-0.40.91-0.410.910.130.850.910.940.890.92
0.880.911.00.730.930.680.830.890.820.88-0.79-0.550.590.890.99-0.550.84-0.220.98-0.170.860.920.910.940.87
0.740.960.820.80.880.660.970.890.820.9-0.9-0.340.910.90.85-0.340.66-0.340.9-0.070.670.720.720.740.7
0.860.950.880.910.930.630.90.990.880.9-0.84-0.440.720.980.9-0.440.89-0.360.90.120.840.910.910.870.93
-0.76-0.89-0.79-0.69-0.84-0.71-0.97-0.84-0.79-0.9-0.840.35-0.77-0.83-0.850.35-0.630.23-0.860.17-0.67-0.69-0.69-0.74-0.66
-0.69-0.34-0.55-0.43-0.28-0.34-0.3-0.4-0.55-0.34-0.440.35-0.43-0.44-0.551.0-0.410.43-0.43-0.19-0.42-0.58-0.5-0.31-0.52
0.590.760.590.690.60.540.830.690.590.910.72-0.77-0.430.720.64-0.430.4-0.470.680.050.410.480.460.420.46
0.90.960.890.940.940.530.91.00.890.90.98-0.83-0.440.720.91-0.440.89-0.450.910.170.830.90.930.870.92
0.90.930.990.750.940.70.870.910.990.850.9-0.85-0.550.640.91-0.550.83-0.230.98-0.170.850.910.90.930.87
-0.69-0.34-0.55-0.43-0.28-0.34-0.3-0.4-0.55-0.34-0.440.351.0-0.43-0.44-0.55-0.410.43-0.43-0.19-0.42-0.58-0.5-0.31-0.52
0.860.810.840.80.870.490.690.910.840.660.89-0.63-0.410.40.890.83-0.41-0.390.80.130.950.970.980.890.92
-0.58-0.25-0.22-0.61-0.160.22-0.27-0.41-0.22-0.34-0.360.230.43-0.47-0.45-0.230.43-0.39-0.21-0.59-0.32-0.34-0.4-0.08-0.29
0.840.960.980.740.950.70.90.910.980.90.9-0.86-0.430.680.910.98-0.430.8-0.21-0.220.830.870.860.920.82
0.18-0.08-0.170.48-0.12-0.57-0.120.13-0.17-0.070.120.17-0.190.050.17-0.17-0.190.13-0.59-0.22-0.130.040.14-0.160.23
0.830.80.860.660.850.640.70.850.860.670.84-0.67-0.420.410.830.85-0.420.95-0.320.83-0.130.950.920.880.82
0.910.850.920.780.880.610.740.910.920.720.91-0.69-0.580.480.90.91-0.580.97-0.340.870.040.950.980.910.94
0.930.860.910.850.90.470.740.940.910.720.91-0.69-0.50.460.930.9-0.50.98-0.40.860.140.920.980.930.96
0.790.90.940.710.970.610.790.890.940.740.87-0.74-0.310.420.870.93-0.310.89-0.080.92-0.160.880.910.930.89
0.870.840.870.870.870.490.720.920.870.70.93-0.66-0.520.460.920.87-0.520.92-0.290.820.230.820.940.960.89
Click cells to compare fundamentals

Gaztransport Account Relationship Matchups

Gaztransport fundamental ratios Accounts

201920202021202220232024 (projected)
Other Stockholder Equity55.6M42.3M124.4M139.0M159.9M167.9M
Total Current Liabilities139.4M100.0M145.7M207.5M238.6M150.3M
Retained Earnings143.4M198.9M134.1M128.3M147.5M157.5M
Other Assets3.2M3.6M4.0M5.5M6.4M3.4M
Net Receivables130.7M151.7M132.3M175.6M201.9M142.8M
Total Current Assets313.5M307.1M347.6M404.2M464.9M331.4M
Property Plant Equipment20.2M29.2M30.8M34.1M39.2M26.1M
Other Current Liab99.9M53.0M93.8M154.8M178.0M116.5M
Other Liab5.1M15.3M15.0M13.6M15.6M11.7M
Net Tangible Assets195.2M224.1M222.5M225.9M259.8M228.9M
Accounts Payable16.8M18.2M21.6M23.8M27.3M20.2M
Inventory10.9M10.7M9.6M13.6M15.6M11.5M

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