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 Gross Profit and its Depreciation And Amortization 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.
Gross Profit vs Depreciation And Amortization
Gross Profit vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GAIL Limited Gross Profit account and
Depreciation And Amortization. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between GAIL's Gross Profit and Depreciation And Amortization is 0.5. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Depreciation And Amortization 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 Gross Profit and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of GAIL Limited are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Gross Profit i.e., GAIL's Gross Profit and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of GAIL Limited minus its cost of goods sold. It is profit before GAIL operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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 Expense | 2.0B | 3.7B | 7.3B | 4.2B | Depreciation And Amortization | 24.2B | 28.0B | 37.1B | 39.0B |
GAIL fundamental ratios Correlations
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GAIL Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GAIL fundamental ratios Accounts
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Additional Tools for GAIL Stock Analysis
When running GAIL's price analysis, check to
measure GAIL'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 GAIL is operating at the current time. Most of GAIL's value examination focuses on studying past and present price action to
predict the probability of GAIL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GAIL's price. Additionally, you may evaluate how the addition of GAIL to your portfolios can decrease your overall portfolio volatility.