Gan Income Before Tax vs Total Operating Expenses Analysis

GAN Stock  USD 1.84  0.02  1.10%   
Gan financial indicator trend analysis is much more than just examining Gan latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gan is a good investment. Please check the relationship between Gan Income Before Tax and its Total Operating Expenses accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Gan Stock, please use our How to Invest in Gan guide.

Income Before Tax vs Total Operating Expenses

Income Before Tax vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gan Income Before Tax account and Total Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Gan's Income Before Tax and Total Operating Expenses is -0.66. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Gan, assuming nothing else is changed. The correlation between historical values of Gan's Income Before Tax and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Gan are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Income Before Tax i.e., Gan's Income Before Tax and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.66
Relationship DirectionNegative 
Relationship StrengthWeak

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Gan income statement and is an important metric when analyzing Gan profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Gan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gan 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 Gan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Gan Stock, please use our How to Invest in Gan guide.As of the 25th of November 2024, Tax Provision is likely to grow to about 4 M, while Selling General Administrative is likely to drop about 25.4 M.
 2021 2023 2024 (projected)
Depreciation And Amortization16.8M17.2M9.1M
Interest Income32K28.8K28.2K

Gan fundamental ratios Correlations

-0.44-0.45-0.22-0.330.29-0.370.24-0.570.45-0.53-0.31-0.61-0.42-0.19-0.3-0.40.41-0.51-0.17-0.79-0.51-0.31-0.59-0.19-0.6
-0.440.940.84-0.08-0.90.91-0.310.87-0.750.56-0.490.910.760.790.340.87-0.140.490.610.820.49-0.490.880.820.8
-0.450.940.730.0-0.820.97-0.240.93-0.770.6-0.480.970.780.650.440.73-0.230.510.630.860.51-0.50.860.710.88
-0.220.840.73-0.39-0.990.76-0.630.77-0.350.32-0.420.630.310.98-0.20.90.180.260.160.610.26-0.430.691.00.56
-0.33-0.080.0-0.390.30.09-0.070.01-0.540.74-0.240.060.44-0.40.66-0.22-0.960.790.030.130.79-0.230.17-0.40.24
0.29-0.9-0.82-0.990.3-0.840.6-0.840.46-0.420.45-0.73-0.43-0.960.07-0.9-0.09-0.34-0.25-0.7-0.340.46-0.76-0.99-0.66
-0.370.910.970.760.09-0.84-0.390.93-0.770.7-0.620.910.750.690.40.72-0.320.620.50.810.62-0.640.830.750.85
0.24-0.31-0.24-0.63-0.070.6-0.39-0.480.12-0.470.21-0.160.09-0.650.41-0.520.17-0.460.53-0.35-0.460.22-0.41-0.64-0.33
-0.570.870.930.770.01-0.840.93-0.48-0.670.64-0.350.910.630.680.260.69-0.260.560.370.880.56-0.360.870.760.9
0.45-0.75-0.77-0.35-0.540.46-0.770.12-0.67-0.850.58-0.76-0.95-0.3-0.8-0.490.69-0.82-0.66-0.69-0.820.58-0.83-0.33-0.83
-0.530.560.60.320.74-0.420.7-0.470.64-0.85-0.540.60.740.270.610.39-0.870.990.240.630.99-0.540.70.310.72
-0.31-0.49-0.48-0.42-0.240.45-0.620.21-0.350.58-0.54-0.32-0.57-0.37-0.4-0.310.36-0.52-0.38-0.09-0.521.0-0.36-0.42-0.33
-0.610.910.970.630.06-0.730.91-0.160.91-0.760.6-0.320.790.560.490.69-0.270.510.650.930.51-0.340.840.610.88
-0.420.760.780.310.44-0.430.750.090.63-0.950.74-0.570.790.240.870.43-0.590.70.830.640.7-0.560.740.290.74
-0.190.790.650.98-0.4-0.960.69-0.650.68-0.30.27-0.370.560.24-0.260.930.230.220.10.570.22-0.380.640.980.49
-0.30.340.44-0.20.660.070.40.410.26-0.80.61-0.40.490.87-0.26-0.03-0.720.60.760.340.6-0.390.4-0.220.48
-0.40.870.730.9-0.22-0.90.72-0.520.69-0.490.39-0.310.690.430.93-0.030.070.350.270.740.35-0.320.760.880.61
0.41-0.14-0.230.18-0.96-0.09-0.320.17-0.260.69-0.870.36-0.27-0.590.23-0.720.07-0.9-0.14-0.31-0.90.35-0.360.2-0.43
-0.510.490.510.260.79-0.340.62-0.460.56-0.820.99-0.520.510.70.220.60.35-0.90.190.561.0-0.520.650.240.65
-0.170.610.630.160.03-0.250.50.530.37-0.660.24-0.380.650.830.10.760.27-0.140.190.40.19-0.370.470.140.47
-0.790.820.860.610.13-0.70.81-0.350.88-0.690.63-0.090.930.640.570.340.74-0.310.560.40.56-0.110.860.590.88
-0.510.490.510.260.79-0.340.62-0.460.56-0.820.99-0.520.510.70.220.60.35-0.91.00.190.56-0.520.650.240.65
-0.31-0.49-0.5-0.43-0.230.46-0.640.22-0.360.58-0.541.0-0.34-0.56-0.38-0.39-0.320.35-0.52-0.37-0.11-0.52-0.37-0.43-0.35
-0.590.880.860.690.17-0.760.83-0.410.87-0.830.7-0.360.840.740.640.40.76-0.360.650.470.860.65-0.370.670.95
-0.190.820.711.0-0.4-0.990.75-0.640.76-0.330.31-0.420.610.290.98-0.220.880.20.240.140.590.24-0.430.670.54
-0.60.80.880.560.24-0.660.85-0.330.9-0.830.72-0.330.880.740.490.480.61-0.430.650.470.880.65-0.350.950.54
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Gan Account Relationship Matchups

Gan fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding23.4M27.0M42.0M42.4M44.2M35.6M
Other Current Liab5.0M11.3M25.6M23.4M28.1M29.6M
Total Current Liabilities10.5M17.3M33.0M32.5M36.7M20.0M
Net Tangible Assets14.7M148.4M33.0M(10.9M)(12.6M)(11.9M)
Retained Earnings(22.8M)(45.8M)(76.4M)(274.9M)(309.3M)(293.8M)
Accounts Payable1.7M4.7M5.3M6.4M7.0M4.2M
Other Assets5.0M737K13.5M896K806.4K766.1K
Net Receivables7.1M8.1M8.1M13.8M11.4M8.3M
Deferred Long Term Liab6.3M4.8M1.8M4.2M3.8M3.8M
Total Current Assets19.3M163.5M54.4M67.6M56.5M53.5M
Common Stock1.3M365K422K429K451K561.9K
Property Plant Equipment1.5M1.9M3.3M2.9M3.3M1.9M
Total Assets26.1M173.2M260.9M103.1M87.5M107.8M
Short Long Term Debt Total1.2M575K472K28.4M46.6M48.9M
Total Stockholder Equity15.1M155.6M224.0M20.8M(4.6M)(4.4M)
Property Plant And Equipment Net1.5M1.9M2.5M2.9M8.5M8.9M
Net Debt(8.9M)(152.1M)(39.0M)(17.8M)8.0M8.4M
Cash10.1M152.7M39.5M45.9M38.6M46.6M
Non Current Assets Total6.9M9.8M206.5M35.5M31.0M47.9M
Cash And Short Term Investments10.1M152.7M39.5M45.9M38.6M46.6M
Common Stock Total Equity1.3M365K422K429K386.1K595.6K
Liabilities And Stockholders Equity26.1M173.2M260.9M103.1M87.5M107.8M
Non Current Liabilities Total535K370K3.8M49.8M55.4M58.2M
Other Current Assets1.1M2.8M6.8M3.0M6.5M3.4M
Other Stockholder Equity38.6M203.8M319.6M329.0M336.6M202.3M
Total Liab11.0M17.7M36.9M82.3M92.1M96.7M
Property Plant And Equipment Gross1.5M1.9M5.0M6.4M4.7M3.4M
Accumulated Other Comprehensive Income(1.9M)(2.9M)(19.6M)(33.8M)(32.3M)(30.7M)
Intangible Assets5.2M7.1M50.3M31.7M20.7M20.1M
Current Deferred Revenue3.0M1.1M2.4M2.5M3.5M2.6M
Non Currrent Assets Other172K737K7.5M(3.3M)1.7M1.3M
Capital Lease Obligations1.2M575K472K195K4.4M4.6M
Inventory883K1.9M3.5M4.9M1.00.95
Net Invested Capital15.1M155.6M224.0M48.9M37.6M35.7M
Capital Stock1.3M365K422K429K451K562.3K
Net Working Capital8.8M146.2M21.4M35.1M19.8M18.8M
Short Term Debt692K524K472K195K1.6M1.7M
When determining whether Gan offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gan's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gan Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gan Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Gan Stock, please use our How to Invest in Gan guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gan. If investors know Gan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gan listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.77)
Earnings Share
(0.29)
Revenue Per Share
2.964
Quarterly Revenue Growth
0.244
Return On Assets
(0.07)
The market value of Gan is measured differently than its book value, which is the value of Gan that is recorded on the company's balance sheet. Investors also form their own opinion of Gan's value that differs from its market value or its book value, called intrinsic value, which is Gan's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gan's market value can be influenced by many factors that don't directly affect Gan's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gan's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.