Gaztransport Other Stockholder Equity vs Other Liab 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 Stockholder Equity and its Other Liab 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 Stockholder Equity vs Other Liab

Other Stockholder Equity vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gaztransport et Technigaz Other Stockholder Equity account and Other Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Gaztransport's Other Stockholder Equity and Other Liab is 0.83. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Liab 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 Stockholder Equity and Other Liab 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 Stockholder Equity of Gaztransport et Technigaz are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Other Stockholder Equity i.e., Gaztransport's Other Stockholder Equity and Other Liab go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Other Stockholder Equity

Other Liab

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

Also Currently Popular

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.

Additional Tools for Gaztransport Stock Analysis

When running Gaztransport's price analysis, check to measure Gaztransport's 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 Gaztransport is operating at the current time. Most of Gaztransport's value examination focuses on studying past and present price action to predict the probability of Gaztransport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gaztransport's price. Additionally, you may evaluate how the addition of Gaztransport to your portfolios can decrease your overall portfolio volatility.