GACM Change In Working Capital vs Net Income Analysis

GATECHDVR   0.85  0.05  5.56%   
GACM Technologies financial indicator trend analysis is much more than just examining GACM Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GACM Technologies is a good investment. Please check the relationship between GACM Technologies Change In Working Capital and its Net Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GACM Technologies 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 main economic indicators.

Change In Working Capital vs Net Income

Change In Working Capital vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GACM Technologies Change In Working Capital account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between GACM Technologies' Change In Working Capital and Net Income is 0.53. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Net Income in the same time period over historical financial statements of GACM Technologies Limited, assuming nothing else is changed. The correlation between historical values of GACM Technologies' Change In Working Capital and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of GACM Technologies Limited are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change In Working Capital i.e., GACM Technologies' Change In Working Capital and Net Income go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in GACM Technologies financial statement analysis. It represents the amount of money remaining after all of GACM Technologies Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from GACM Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GACM Technologies 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 GACM Technologies 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 main economic indicators.
The current year's Issuance Of Capital Stock is expected to grow to about 6.6 M, whereas Tax Provision is forecasted to decline to about 104.1 K.
 2021 2022 2023 2024 (projected)
Total Operating Expenses139.4M105.0M94.5M95.3M
Cost Of Revenue89.0M80.0M72.0M67.3M

GACM Technologies fundamental ratios Correlations

0.48-0.95-0.950.970.98-0.770.81-0.940.97-0.70.98-0.890.81-0.970.980.980.991.0-0.940.810.710.91
0.48-0.66-0.60.640.59-0.66-0.08-0.350.64-0.920.59-0.80.06-0.590.590.560.590.48-0.680.06-0.250.78
-0.95-0.660.99-0.99-0.990.91-0.690.89-0.990.85-0.990.98-0.631.0-0.99-0.98-0.99-0.960.99-0.63-0.48-0.98
-0.95-0.60.99-0.99-0.990.93-0.740.9-0.990.8-0.980.96-0.621.0-0.98-0.98-0.98-0.960.98-0.62-0.52-0.96
0.970.64-0.99-0.991.0-0.890.69-0.881.0-0.811.0-0.970.65-0.991.00.991.00.98-0.970.650.530.98
0.980.59-0.99-0.991.0-0.880.72-0.881.0-0.771.0-0.950.66-0.991.01.01.00.98-0.960.660.580.96
-0.77-0.660.910.93-0.89-0.88-0.550.73-0.880.8-0.870.91-0.290.89-0.87-0.86-0.85-0.790.89-0.29-0.22-0.91
0.81-0.08-0.69-0.740.690.72-0.55-0.890.69-0.270.73-0.540.82-0.750.730.750.740.81-0.680.820.880.55
-0.94-0.350.890.9-0.88-0.880.73-0.89-0.880.66-0.880.82-0.850.92-0.88-0.89-0.9-0.920.92-0.85-0.7-0.82
0.970.64-0.99-0.991.01.0-0.880.69-0.88-0.811.0-0.970.66-0.991.00.991.00.98-0.980.660.540.98
-0.7-0.920.850.8-0.81-0.770.8-0.270.66-0.81-0.770.93-0.350.79-0.77-0.75-0.77-0.690.88-0.35-0.01-0.92
0.980.59-0.99-0.981.01.0-0.870.73-0.881.0-0.77-0.940.67-0.991.01.01.00.99-0.960.670.580.96
-0.89-0.80.980.96-0.97-0.950.91-0.540.82-0.970.93-0.94-0.520.96-0.94-0.93-0.94-0.890.98-0.52-0.31-1.0
0.810.06-0.63-0.620.650.66-0.290.82-0.850.66-0.350.67-0.52-0.680.670.690.710.78-0.661.00.880.54
-0.97-0.591.01.0-0.99-0.990.89-0.750.92-0.990.79-0.990.96-0.68-0.99-0.99-0.99-0.980.98-0.68-0.56-0.96
0.980.59-0.99-0.981.01.0-0.870.73-0.881.0-0.771.0-0.940.67-0.991.01.00.99-0.960.670.580.96
0.980.56-0.98-0.980.991.0-0.860.75-0.890.99-0.751.0-0.930.69-0.991.01.00.99-0.960.690.610.95
0.990.59-0.99-0.981.01.0-0.850.74-0.91.0-0.771.0-0.940.71-0.991.01.00.99-0.970.710.60.96
1.00.48-0.96-0.960.980.98-0.790.81-0.920.98-0.690.99-0.890.78-0.980.990.990.99-0.940.780.710.91
-0.94-0.680.990.98-0.97-0.960.89-0.680.92-0.980.88-0.960.98-0.660.98-0.96-0.96-0.97-0.94-0.66-0.46-0.98
0.810.06-0.63-0.620.650.66-0.290.82-0.850.66-0.350.67-0.521.0-0.680.670.690.710.78-0.660.880.54
0.71-0.25-0.48-0.520.530.58-0.220.88-0.70.54-0.010.58-0.310.88-0.560.580.610.60.71-0.460.880.35
0.910.78-0.98-0.960.980.96-0.910.55-0.820.98-0.920.96-1.00.54-0.960.960.950.960.91-0.980.540.35
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GACM Technologies Account Relationship Matchups

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Other Information on Investing in GACM Stock

Balance Sheet is a snapshot of the financial position of GACM Technologies at a specified time, usually calculated after every quarter, six months, or one year. GACM Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of GACM Technologies 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 GACM currently owns. An asset can also be divided into two categories, current and non-current.