GAIL Ebit vs Total Other Income Expense Net Analysis

GAIL Stock   199.46  2.76  1.40%   
GAIL financial indicator trend analysis is much more than just examining GAIL Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GAIL Limited is a good investment. Please check the relationship between GAIL Ebit and its Total Other Income Expense Net accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GAIL Limited. 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.

Ebit vs Total Other Income Expense Net

Ebit vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GAIL Limited Ebit account and Total Other Income Expense Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between GAIL's Ebit and Total Other Income Expense Net is 0.62. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of GAIL Limited, assuming nothing else is changed. The correlation between historical values of GAIL's Ebit and Total Other Income Expense 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 Ebit of GAIL Limited are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Ebit i.e., GAIL's Ebit and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Ebit

Total Other Income Expense Net

Most indicators from GAIL's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GAIL Limited 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 GAIL Limited. 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.
At this time, GAIL's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 56.9 M in 2024, whereas Tax Provision is likely to drop slightly above 22.4 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense2.0B3.7B7.3B4.2B
Depreciation And Amortization24.2B28.0B37.1B39.0B

GAIL fundamental ratios Correlations

0.470.610.920.790.980.540.840.94-0.520.82-0.02-0.090.3-0.240.87-0.08-0.170.810.770.6-0.370.890.90.780.7
0.470.680.650.420.570.990.510.430.210.610.18-0.050.790.210.49-0.48-0.350.80.630.48-0.030.760.650.380.42
0.610.680.710.460.640.680.510.570.090.560.41-0.280.530.270.39-0.230.010.70.570.750.00.730.710.480.49
0.920.650.710.670.930.710.740.88-0.40.750.05-0.160.46-0.10.83-0.12-0.160.840.760.64-0.40.950.950.650.63
0.790.420.460.670.730.510.990.77-0.530.97-0.01-0.340.03-0.30.67-0.61-0.130.490.930.77-0.350.590.720.980.94
0.980.570.640.930.730.630.80.89-0.410.79-0.050.010.42-0.210.86-0.05-0.30.890.720.52-0.320.940.880.70.62
0.540.990.680.710.510.630.60.50.070.690.16-0.060.750.110.55-0.51-0.360.820.710.54-0.10.80.70.460.5
0.840.510.510.740.990.80.60.8-0.50.99-0.03-0.250.13-0.260.73-0.57-0.210.60.930.73-0.360.690.770.960.9
0.940.430.570.880.770.890.50.8-0.460.770.02-0.240.29-0.050.89-0.120.060.710.80.65-0.490.820.920.790.73
-0.520.210.09-0.4-0.53-0.410.07-0.5-0.46-0.430.210.020.340.75-0.410.010.03-0.11-0.4-0.30.49-0.24-0.34-0.49-0.43
0.820.610.560.750.970.790.690.990.77-0.430.03-0.260.22-0.240.7-0.63-0.250.640.950.76-0.290.710.770.940.9
-0.020.180.410.05-0.01-0.050.16-0.030.020.210.03-0.060.170.31-0.1-0.140.110.090.010.270.60.080.08-0.06-0.1
-0.09-0.05-0.28-0.16-0.340.01-0.06-0.25-0.240.02-0.26-0.060.27-0.18-0.010.44-0.570.18-0.46-0.640.360.03-0.25-0.44-0.59
0.30.790.530.460.030.420.750.130.290.340.220.170.270.260.33-0.03-0.380.750.250.150.120.650.460.00.03
-0.240.210.27-0.1-0.3-0.210.11-0.26-0.050.75-0.240.31-0.180.26-0.120.010.46-0.02-0.140.010.07-0.05-0.02-0.21-0.19
0.870.490.390.830.670.860.550.730.89-0.410.7-0.1-0.010.33-0.12-0.08-0.10.760.710.41-0.450.820.880.640.57
-0.08-0.48-0.23-0.12-0.61-0.05-0.51-0.57-0.120.01-0.63-0.140.44-0.030.01-0.080.09-0.04-0.65-0.60.06-0.08-0.21-0.59-0.65
-0.17-0.350.01-0.16-0.13-0.3-0.36-0.210.060.03-0.250.11-0.57-0.380.46-0.10.09-0.38-0.040.21-0.4-0.3-0.040.010.07
0.810.80.70.840.490.890.820.60.71-0.110.640.090.180.75-0.020.76-0.04-0.380.590.39-0.120.970.810.450.4
0.770.630.570.760.930.720.710.930.8-0.40.950.01-0.460.25-0.140.71-0.65-0.040.590.84-0.460.690.830.930.95
0.60.480.750.640.770.520.540.730.65-0.30.760.27-0.640.150.010.41-0.60.210.390.84-0.310.520.720.790.84
-0.37-0.030.0-0.4-0.35-0.32-0.1-0.36-0.490.49-0.290.60.360.120.07-0.450.06-0.4-0.12-0.46-0.31-0.25-0.41-0.44-0.49
0.890.760.730.950.590.940.80.690.82-0.240.710.080.030.65-0.050.82-0.08-0.30.970.690.52-0.250.910.560.52
0.90.650.710.950.720.880.70.770.92-0.340.770.08-0.250.46-0.020.88-0.21-0.040.810.830.72-0.410.910.70.69
0.780.380.480.650.980.70.460.960.79-0.490.94-0.06-0.440.0-0.210.64-0.590.010.450.930.79-0.440.560.70.97
0.70.420.490.630.940.620.50.90.73-0.430.9-0.1-0.590.03-0.190.57-0.650.070.40.950.84-0.490.520.690.97
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GAIL Account Relationship Matchups

GAIL fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets749.1B813.8B965.6B1.1T1.2T648.5B
Short Long Term Debt Total69.1B78.7B92.2B178.2B217.9B228.8B
Other Current Liab876.2M50.4B64.0B61.4B76.3B44.8B
Total Current Liabilities124.8B125.5B150.9B217.1B216.4B125.9B
Total Stockholder Equity492.7B531.8B641.1B649.3B770.0B808.5B
Property Plant And Equipment Net480.2B522.6B575.3B634.9B756.8B401.6B
Net Debt62.9B63.7B77.0B175.7B206.5B216.8B
Retained Earnings384.8B418.8B493.6B521.7B581.8B610.8B
Accounts Payable39.2B44.5B53.6B71.4B66.4B38.0B
Cash6.2B15.1B15.2B2.4B11.5B18.1B
Non Current Assets Total629.2B705.2B802.5B872.5B1.0T1.1T
Non Currrent Assets Other(598.3B)1.6M8.6B10.3B37.2B39.0B
Other Assets34.3B33.5B37.3B6.3B7.3B6.9B
Long Term Debt37.7B52.4B54.7B88.8B128.1B69.9B
Cash And Short Term Investments9.6B23.0B25.2B29.3B14.6B21.4B
Net Receivables78.5B44.0B89.5B123.1B113.5B60.3B
Common Stock Shares Outstanding6.8B6.8B6.7B6.6B6.6B5.4B
Short Term Investments3.4B7.9B10.0B26.8B3.2B3.0B
Liabilities And Stockholders Equity749.1B813.8B965.6B1.1T1.2T648.5B
Non Current Liabilities Total130.8B155.5B171.6B209.6B258.8B137.9B
Inventory31.8B29.9B35.8B59.2B59.7B62.7B
Other Current Assets3M55.8B102.1B138.1B128.4B134.8B
Other Stockholder Equity(463.5B)68.6B103.2B(587.4B)122.5B65.9B
Total Liab255.6B281.1B322.5B426.7B475.2B263.8B
Total Current Assets119.9B108.7B163.1B205.3B202.7B135.6B
Accumulated Other Comprehensive Income(97.9B)68.6B103.2B61.8B704.2B739.4B
Intangible Assets18.8B23.0B25.4B28.6B31.4B32.9B
Property Plant Equipment480.2B522.6B575.3B634.9B730.1B368.8B
Other Liab106.7B92.2B98.6B106.9B122.9B129.1B
Current Deferred Revenue54.2B58.3B69.0B55.8B7.1B6.8B
Short Term Debt30.5B21.8B27.5B78.2B66.6B36.1B
Net Tangible Assets445.9B473.9B508.8B615.8B708.1B468.8B
Short Long Term Debt28.8B15.2B23.6B74.0B58.0B34.4B
Long Term Debt Total38.7B56.9B64.7B100.0B115.0B120.7B
Capital Lease Obligations2.6B6.7B13.9B15.4B31.9B33.5B
Non Current Liabilities Other35.2B41.8B46.8B45.4B43.9B34.6B
Cash And Equivalents5.7B11.7B13.8B994.1M1.1B1.1B
Net Invested Capital559.2B599.4B719.4B812.0B956.1B719.3B

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