Gamma Other Current Liab vs Retained Earnings Analysis

GAMA Stock   1,580  36.00  2.23%   
Gamma Communications financial indicator trend analysis is much more than just examining Gamma Communications PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gamma Communications PLC is a good investment. Please check the relationship between Gamma Communications Other Current Liab and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gamma Communications 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 board of governors.

Other Current Liab vs Retained Earnings

Other Current Liab vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gamma Communications PLC Other Current Liab account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gamma Communications' Other Current Liab and Retained Earnings is 0.66. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Gamma Communications PLC, assuming nothing else is changed. The correlation between historical values of Gamma Communications' Other Current Liab and Retained Earnings 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 Current Liab of Gamma Communications PLC are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Current Liab i.e., Gamma Communications' Other Current Liab and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

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.
Most indicators from Gamma Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gamma Communications 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 Gamma Communications 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 board of governors.
Issuance Of Capital Stock is likely to gain to about 2.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 57.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit201.4M220.5M235.9M136.0M
Total Revenue447.7M484.6M521.7M313.0M

Gamma Communications fundamental ratios Correlations

0.670.861.00.540.950.960.98-0.470.980.7-0.630.760.920.94-0.390.820.78-0.911.00.990.95-0.780.880.950.07
0.670.770.67-0.160.490.70.59-0.240.680.78-0.20.710.70.610.110.650.67-0.460.660.690.48-0.440.540.68-0.11
0.860.770.840.460.730.90.87-0.550.890.75-0.360.940.840.7-0.370.810.88-0.70.840.840.73-0.590.690.87-0.13
1.00.670.840.520.950.950.97-0.450.970.69-0.650.740.90.96-0.390.80.76-0.921.00.980.95-0.770.880.930.09
0.54-0.160.460.520.620.510.63-0.380.560.11-0.450.430.410.43-0.740.470.44-0.60.520.480.62-0.510.520.5-0.03
0.950.490.730.950.620.860.93-0.380.90.46-0.720.60.790.93-0.460.650.61-0.990.950.91.0-0.80.850.820.11
0.960.70.90.950.510.860.96-0.590.980.78-0.520.820.950.85-0.380.860.85-0.810.950.950.85-0.690.830.960.04
0.980.590.870.970.630.930.96-0.540.980.66-0.640.80.90.87-0.450.810.84-0.890.970.950.93-0.780.880.94-0.01
-0.47-0.24-0.55-0.45-0.38-0.38-0.59-0.54-0.55-0.40.45-0.44-0.52-0.330.05-0.47-0.580.36-0.47-0.46-0.40.23-0.45-0.60.19
0.980.680.890.970.560.90.980.98-0.550.71-0.570.810.950.88-0.350.870.84-0.840.970.970.89-0.750.870.980.02
0.70.780.750.690.110.460.780.66-0.40.71-0.130.740.760.61-0.120.850.77-0.390.70.770.46-0.270.50.780.09
-0.63-0.2-0.36-0.65-0.45-0.72-0.52-0.640.45-0.57-0.13-0.22-0.43-0.660.08-0.36-0.360.74-0.65-0.6-0.730.76-0.74-0.530.11
0.760.710.940.740.430.60.820.8-0.440.810.74-0.220.780.56-0.380.770.94-0.550.730.750.58-0.560.610.8-0.18
0.920.70.840.90.410.790.950.9-0.520.950.76-0.430.780.83-0.270.830.78-0.720.90.930.78-0.620.730.970.17
0.940.610.70.960.430.930.850.87-0.330.880.61-0.660.560.83-0.310.710.58-0.910.960.950.93-0.70.790.860.28
-0.390.11-0.37-0.39-0.74-0.46-0.38-0.450.05-0.35-0.120.08-0.38-0.27-0.31-0.19-0.280.47-0.38-0.32-0.450.35-0.35-0.270.01
0.820.650.810.80.470.650.860.81-0.470.870.85-0.360.770.830.71-0.190.82-0.560.810.870.65-0.480.670.90.04
0.780.670.880.760.440.610.850.84-0.580.840.77-0.360.940.780.58-0.280.82-0.550.760.780.6-0.590.720.83-0.26
-0.91-0.46-0.7-0.92-0.6-0.99-0.81-0.890.36-0.84-0.390.74-0.55-0.72-0.910.47-0.56-0.55-0.92-0.85-0.990.79-0.82-0.76-0.1
1.00.660.841.00.520.950.950.97-0.470.970.7-0.650.730.90.96-0.380.810.76-0.920.990.95-0.760.870.940.1
0.990.690.840.980.480.90.950.95-0.460.970.77-0.60.750.930.95-0.320.870.78-0.850.990.9-0.70.840.960.15
0.950.480.730.950.621.00.850.93-0.40.890.46-0.730.580.780.93-0.450.650.6-0.990.950.9-0.790.850.820.13
-0.78-0.44-0.59-0.77-0.51-0.8-0.69-0.780.23-0.75-0.270.76-0.56-0.62-0.70.35-0.48-0.590.79-0.76-0.7-0.79-0.86-0.640.19
0.880.540.690.880.520.850.830.88-0.450.870.5-0.740.610.730.79-0.350.670.72-0.820.870.840.85-0.860.8-0.3
0.950.680.870.930.50.820.960.94-0.60.980.78-0.530.80.970.86-0.270.90.83-0.760.940.960.82-0.640.80.09
0.07-0.11-0.130.09-0.030.110.04-0.010.190.020.090.11-0.180.170.280.010.04-0.26-0.10.10.150.130.19-0.30.09
Click cells to compare fundamentals

Gamma Communications Account Relationship Matchups

Gamma Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets238.4M321.9M361.8M406.8M474.8M498.5M
Other Current Liab4.1M53.5M49.3M50.5M43.6M25.7M
Total Current Liabilities59.5M74.6M66.2M72.6M89.1M46.2M
Total Stockholder Equity152.5M212.8M258.7M301.1M345.1M362.4M
Accounts Payable46.1M9.4M5.7M9.5M28M29.4M
Net Receivables77.5M96.3M103.5M116.3M108.6M114.0M
Total Liab85.9M117.5M107.6M107.1M130.6M137.1M
Intangible Assets37.4M95.3M129.3M124.3M42M27.6M
Property Plant Equipment43.5M47.8M47M42.9M49.3M26.9M
Other Liab15.1M27.5M29.1M24.2M27.8M29.2M
Good Will15.3M46.2M83.1M76.7M112.7M118.3M
Long Term Debt0.04.6M2.5M1.7M1.4M1.9M
Short Long Term Debt Total12.6M19M15.2M13.2M11.7M12.6M
Property Plant And Equipment Net43.5M47.8M47M42.9M38.4M33.7M
Net Debt(41.3M)(34.9M)(37.6M)(81.4M)(124.8M)(118.6M)
Retained Earnings143.2M199.8M241.4M276.2M317.4M333.3M
Non Current Assets Total98.9M163.6M197.6M185.7M214.3M225.0M
Common Stock Shares Outstanding95.6M96.3M97.1M97.5M97.7M103.6M
Liabilities And Stockholders Equity238.4M321.9M361.8M406.8M474.8M498.5M
Non Current Liabilities Total26.4M42.9M41.4M34.5M41.5M43.6M
Other Stockholder Equity5.9M8.3M19.4M17.3M19.9M20.9M
Property Plant And Equipment Gross43.5M47.8M108.1M97.5M106.9M112.2M
Total Current Assets139.5M158.3M164.2M221.1M260.5M273.5M
Accumulated Other Comprehensive Income3.2M4.5M2.9M7.4M7.6M8.0M
Net Tangible Assets117.6M125M142.7M199.2M229.1M240.5M
Non Currrent Assets Other(15.3M)(46.2M)(83.1M)(76.7M)2.9M3.0M
Other Assets20.5M1.034.6M40.9M47.0M49.4M
Current Deferred Revenue8M7.6M7.4M9.2M14.1M8.9M
Net Invested Capital152.5M207.3M255.3M301M345.7M232.9M
Net Working Capital80M83.7M98M148.5M171.4M107.3M
Capital Lease Obligations12.6M13.1M11.9M11.1M10M11.6M

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