Gear4music Retained Earnings vs Property Plant And Equipment Net Analysis

G4M Stock   170.00  5.00  3.03%   
Gear4music (Holdings) financial indicator trend analysis is much more than just examining Gear4music (Holdings) latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gear4music (Holdings) is a good investment. Please check the relationship between Gear4music (Holdings) Retained Earnings and its Property Plant And Equipment Net accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gear4music Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Retained Earnings vs Property Plant And Equipment Net

Retained Earnings vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gear4music (Holdings) Retained Earnings account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Gear4music (Holdings)'s Retained Earnings and Property Plant And Equipment Net is 0.81. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Gear4music Plc, assuming nothing else is changed. The correlation between historical values of Gear4music (Holdings)'s Retained Earnings and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Gear4music Plc are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Retained Earnings i.e., Gear4music (Holdings)'s Retained Earnings and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Gear4music (Holdings)'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gear4music (Holdings) 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 Gear4music Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 19.8 M, whereas Tax Provision is projected to grow to (63.6 K).
 2021 2022 2023 2024 (projected)
Interest Expense958K1.5M2.0M2.1M
Depreciation And Amortization5.1M6.1M6.6M7.0M

Gear4music (Holdings) fundamental ratios Correlations

0.920.820.840.980.970.850.860.90.780.990.730.780.820.80.820.760.890.980.850.870.980.90.990.220.82
0.920.630.70.820.890.980.770.720.610.910.870.610.640.740.580.540.960.910.740.660.970.840.90.210.75
0.820.630.790.860.740.540.670.820.690.790.50.690.780.720.870.880.590.810.740.90.760.760.830.260.69
0.840.70.790.820.890.550.590.960.980.810.320.980.870.540.850.860.550.790.620.920.830.740.850.660.58
0.980.820.860.820.940.740.880.890.770.970.650.770.830.810.870.80.820.950.870.910.930.880.970.160.82
0.970.890.740.890.940.80.810.920.850.970.620.850.80.710.780.720.820.920.810.860.960.880.950.350.76
0.850.980.540.550.740.80.740.60.450.850.940.450.510.710.450.420.980.860.70.540.910.780.820.070.72
0.860.770.670.590.880.810.740.690.540.880.710.540.60.920.640.570.830.840.970.670.820.930.84-0.10.96
0.90.720.820.960.890.920.60.690.920.850.410.920.920.590.850.870.630.870.70.910.870.760.920.460.63
0.780.610.690.980.770.850.450.540.920.760.181.00.840.490.850.820.450.70.560.890.750.690.780.70.54
0.990.910.790.810.970.970.850.880.850.760.730.760.760.820.790.720.890.940.880.850.970.910.960.20.85
0.730.870.50.320.650.620.940.710.410.180.730.180.370.70.320.290.940.780.660.390.780.680.72-0.230.67
0.780.610.690.980.770.850.450.540.921.00.760.180.840.490.850.820.450.70.560.890.750.690.780.70.54
0.820.640.780.870.830.80.510.60.920.840.760.370.840.580.90.90.560.820.580.920.780.640.860.420.55
0.80.740.720.540.810.710.710.920.590.490.820.70.490.580.690.620.770.770.910.70.760.920.770.00.98
0.820.580.870.850.870.780.450.640.850.850.790.320.850.90.690.940.510.770.650.980.740.730.820.430.66
0.760.540.880.860.80.720.420.570.870.820.720.290.820.90.620.940.460.750.580.930.710.660.790.450.59
0.890.960.590.550.820.820.980.830.630.450.890.940.450.560.770.510.460.910.780.580.920.80.87-0.060.77
0.980.910.810.790.950.920.860.840.870.70.940.780.70.820.770.770.750.910.810.830.970.850.990.150.77
0.850.740.740.620.870.810.70.970.70.560.880.660.560.580.910.650.580.780.810.70.810.930.81-0.040.95
0.870.660.90.920.910.860.540.670.910.890.850.390.890.920.70.980.930.580.830.70.810.780.880.470.68
0.980.970.760.830.930.960.910.820.870.750.970.780.750.780.760.740.710.920.970.810.810.880.980.270.78
0.90.840.760.740.880.880.780.930.760.690.910.680.690.640.920.730.660.80.850.930.780.880.860.230.96
0.990.90.830.850.970.950.820.840.920.780.960.720.780.860.770.820.790.870.990.810.880.980.860.230.77
0.220.210.260.660.160.350.07-0.10.460.70.2-0.230.70.420.00.430.45-0.060.15-0.040.470.270.230.230.02
0.820.750.690.580.820.760.720.960.630.540.850.670.540.550.980.660.590.770.770.950.680.780.960.770.02
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Gear4music (Holdings) Account Relationship Matchups

Gear4music (Holdings) fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets61.6M67.7M94.3M84.6M75.2M48.7M
Short Long Term Debt Total24.1M12.9M37.7M27.6M21.4M15.1M
Other Current Liab4.1M1.9M3.1M5.1M3.6M2.8M
Total Current Liabilities25.5M20.6M17.4M18.8M15.3M14.7M
Total Stockholder Equity21.6M34.3M38.0M37.2M38.4M21.0M
Property Plant And Equipment Net20.2M19.1M21.2M19.2M19.0M11.4M
Net Debt16.2M6.7M33.8M23.1M16.7M11.0M
Retained Earnings4.7M17.5M21.1M20.7M21.7M22.8M
Accounts Payable10.1M11.4M9.5M9.3M6.9M7.0M
Cash7.8M6.2M3.9M4.5M4.7M4.1M
Non Current Assets Total29.3M29.5M41.0M41.3M41.0M21.8M
Long Term Debt3.4M2.9M28M19M12M7.9M
Cash And Short Term Investments7.8M6.2M3.9M4.5M4.7M4.1M
Net Receivables1.7M1.6M1.8M1.2M1.1M1.1M
Common Stock Shares Outstanding21.2M21.2M21.5M21.0M22.1M18.6M
Liabilities And Stockholders Equity61.6M67.7M94.3M84.6M75.2M48.7M
Non Current Liabilities Total14.5M12.8M38.8M28.6M21.6M13.1M
Inventory22.0M28.4M45.5M34.4M25.6M20.5M
Other Current Assets850K2.1M2.1M3.3M2.7M2.9M
Total Liab40.0M33.4M56.2M47.4M36.8M27.7M
Total Current Assets32.4M38.3M53.3M43.3M34.2M26.9M
Accumulated Other Comprehensive Income1.6M1.6M1.5M1.1M1.3M1.3M
Short Term Debt11.1M1.7M1.2M1.1M1.8M3.3M
Intangible Assets7.2M8.5M14.5M16.7M19.2M20.2M
Property Plant Equipment20.2M19.1M21.2M19.2M22.1M23.2M
Other Liab1.5M1.6M2.4M2.1M2.5M1.3M
Net Tangible Assets12.5M23.9M18.2M15.2M17.5M11.0M
Current Deferred Revenue(8.6M)4.2M7.5M8.3M9.6M10.1M
Non Currrent Assets Other(29.3M)(29.5M)(41.0M)(41.3M)16.7M17.6M

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Other Information on Investing in Gear4music Stock

Balance Sheet is a snapshot of the financial position of Gear4music (Holdings) at a specified time, usually calculated after every quarter, six months, or one year. Gear4music (Holdings) Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gear4music (Holdings) and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Gear4music currently owns. An asset can also be divided into two categories, current and non-current.