GACM Intangible Assets vs Net Invested Capital Analysis

GATECHDVR   0.91  0.03  3.41%   
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 Intangible Assets and its Net Invested Capital 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.

Intangible Assets vs Net Invested Capital

Intangible Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GACM Technologies Intangible Assets account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between GACM Technologies' Intangible Assets and Net Invested Capital is 0.96. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Invested Capital 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' Intangible Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of GACM Technologies Limited are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Intangible Assets i.e., GACM Technologies' Intangible Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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.