G4M Stock | | | 170.00 5.00 3.03% |
Gear4music Plc financial indicator trend analysis is much more than just examining Gear4music Plc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gear4music Plc is a good investment. Please check the relationship between Gear4music Plc Stock Based Compensation and its Depreciation 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.
Stock Based Compensation vs Depreciation
Stock Based Compensation vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gear4music Plc Stock Based Compensation account and
Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gear4music Plc's Stock Based Compensation and Depreciation is 0.61. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Depreciation in the same time period over historical financial statements of Gear4music Plc, assuming nothing else is changed. The correlation between historical values of Gear4music Plc's Stock Based Compensation and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Gear4music Plc are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Stock Based Compensation i.e., Gear4music Plc's Stock Based Compensation and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Depreciation
Depreciation indicates how much of Gear4music Plc value has been used up. For tax purposes Gear4music Plc can deduct the cost of the tangible assets it purchases as business expenses. However, Gear4music Plc must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Gear4music Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gear4music Plc 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).
Gear4music Plc fundamental ratios Correlations
Click cells to compare fundamentals
Gear4music Plc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gear4music Plc fundamental ratios Accounts
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Other Information on Investing in Gear4music Stock
Balance Sheet is a snapshot of the
financial position of Gear4music Plc at a specified time, usually calculated after every quarter, six months, or one year. Gear4music Plc Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gear4music Plc 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.