GACM Retained Earnings vs Net Debt 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 Retained Earnings and its Net Debt 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.
Retained Earnings vs Net Debt
Retained Earnings vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GACM Technologies Retained Earnings account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between GACM Technologies' Retained Earnings and Net Debt is -0.88. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Debt 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' Retained Earnings and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of GACM Technologies Limited are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Retained Earnings i.e., GACM Technologies' Retained Earnings and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.88 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
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.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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 Expenses | 139.4M | 105.0M | 94.5M | 95.3M | Cost Of Revenue | 89.0M | 80.0M | 72.0M | 67.3M |
GACM Technologies fundamental ratios Correlations
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GACM Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.