GlucoTrack Retained Earnings vs Short Term Debt Analysis

GCTK Stock  USD 0.25  0.02  7.41%   
GlucoTrack financial indicator trend analysis is much more than just examining GlucoTrack latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GlucoTrack is a good investment. Please check the relationship between GlucoTrack Retained Earnings and its Short Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GlucoTrack. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy GlucoTrack Stock please use our How to buy in GlucoTrack Stock guide.

Retained Earnings vs Short Term Debt

Retained Earnings vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GlucoTrack Retained Earnings account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between GlucoTrack's Retained Earnings and Short Term Debt is 0.4. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of GlucoTrack, assuming nothing else is changed. The correlation between historical values of GlucoTrack's Retained Earnings and Short Term 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 GlucoTrack are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Retained Earnings i.e., GlucoTrack's Retained Earnings and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Short Term Debt

Most indicators from GlucoTrack's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GlucoTrack 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 GlucoTrack. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy GlucoTrack Stock please use our How to buy in GlucoTrack Stock guide.Selling General Administrative is expected to rise to about 2.4 M this year, although the value of Issuance Of Capital Stock will most likely fall to about 5.2 M.
 2021 2022 2023 2024 (projected)
Cost Of Revenue42K23K13K12.4K
Reconciled Depreciation42K23K25K32.9K

GlucoTrack fundamental ratios Correlations

0.5-0.15-0.25-0.060.610.19-0.55-0.730.020.54-0.12-0.560.54-0.51-0.250.8-0.480.510.47-0.35-0.12-0.31-0.750.84-0.81
0.50.2-0.28-0.210.520.17-0.97-0.34-0.230.98-0.14-0.440.98-0.120.080.39-0.151.00.310.07-0.07-0.18-0.330.53-0.44
-0.150.2-0.45-0.510.0-0.06-0.180.41-0.570.270.00.070.270.19-0.22-0.370.090.2-0.050.54-0.1-0.340.31-0.270.25
-0.25-0.28-0.450.95-0.480.280.34-0.260.9-0.380.40.46-0.380.290.060.150.44-0.30.240.020.540.46-0.140.020.13
-0.06-0.21-0.510.95-0.430.480.3-0.350.98-0.340.530.47-0.340.250.010.250.41-0.240.35-0.030.610.55-0.230.130.02
0.610.520.0-0.48-0.43-0.24-0.66-0.5-0.40.63-0.52-0.780.63-0.90.040.59-0.920.540.37-0.56-0.56-0.67-0.650.72-0.66
0.190.17-0.060.280.48-0.240.020.00.520.020.920.570.020.26-0.350.060.330.120.640.190.750.570.020.040.16
-0.55-0.97-0.180.340.3-0.660.020.420.32-0.990.330.6-0.990.28-0.1-0.460.32-0.98-0.280.020.260.380.44-0.630.56
-0.73-0.340.41-0.26-0.35-0.50.00.42-0.39-0.350.240.54-0.350.51-0.17-0.950.42-0.34-0.480.40.190.280.97-0.940.88
0.02-0.23-0.570.90.98-0.40.520.32-0.39-0.370.540.43-0.370.20.010.30.36-0.260.37-0.140.610.59-0.270.18-0.03
0.540.980.27-0.38-0.340.630.02-0.99-0.35-0.37-0.27-0.541.0-0.240.010.42-0.290.980.290.04-0.23-0.38-0.380.57-0.49
-0.12-0.140.00.40.53-0.520.920.330.240.54-0.270.84-0.270.45-0.41-0.20.52-0.190.470.380.760.630.25-0.270.45
-0.56-0.440.070.460.47-0.780.570.60.540.43-0.540.84-0.540.64-0.36-0.540.69-0.480.080.550.60.590.56-0.630.79
0.540.980.27-0.38-0.340.630.02-0.99-0.35-0.371.0-0.27-0.54-0.240.010.42-0.290.980.290.04-0.23-0.38-0.380.57-0.49
-0.51-0.120.190.290.25-0.90.260.280.510.2-0.240.450.64-0.240.02-0.590.99-0.14-0.390.720.530.630.67-0.650.58
-0.250.08-0.220.060.010.04-0.35-0.1-0.170.010.01-0.41-0.360.010.020.00.020.09-0.38-0.18-0.230.15-0.060.04-0.28
0.80.39-0.370.150.250.590.06-0.46-0.950.30.42-0.2-0.540.42-0.590.0-0.510.40.55-0.43-0.2-0.33-0.950.95-0.85
-0.48-0.150.090.440.41-0.920.330.320.420.36-0.290.520.69-0.290.990.02-0.51-0.18-0.30.670.610.690.59-0.590.55
0.511.00.2-0.3-0.240.540.12-0.98-0.34-0.260.98-0.19-0.480.98-0.140.090.4-0.180.280.05-0.11-0.21-0.340.54-0.46
0.470.31-0.050.240.350.370.64-0.28-0.480.370.290.470.080.29-0.39-0.380.55-0.30.28-0.070.26-0.11-0.580.59-0.26
-0.350.070.540.02-0.03-0.560.190.020.4-0.140.040.380.550.040.72-0.18-0.430.670.05-0.070.150.090.42-0.430.47
-0.12-0.07-0.10.540.61-0.560.750.260.190.61-0.230.760.6-0.230.53-0.23-0.20.61-0.110.260.150.740.3-0.260.34
-0.31-0.18-0.340.460.55-0.670.570.380.280.59-0.380.630.59-0.380.630.15-0.330.69-0.21-0.110.090.740.44-0.410.43
-0.75-0.330.31-0.14-0.23-0.650.020.440.97-0.27-0.380.250.56-0.380.67-0.06-0.950.59-0.34-0.580.420.30.44-0.960.87
0.840.53-0.270.020.130.720.04-0.63-0.940.180.57-0.27-0.630.57-0.650.040.95-0.590.540.59-0.43-0.26-0.41-0.96-0.89
-0.81-0.440.250.130.02-0.660.160.560.88-0.03-0.490.450.79-0.490.58-0.28-0.850.55-0.46-0.260.470.340.430.87-0.89
Click cells to compare fundamentals

GlucoTrack Account Relationship Matchups

GlucoTrack fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding11.9M15.1M15.5M15.5M4.2M4.9M
Total Assets1.3M10.6M6.3M2.4M4.9M3.8M
Short Long Term Debt Total377.6K363K250K195K196K246.7K
Other Current Liab596.1K392K229K341K673K594.1K
Total Current Liabilities2.3M1.3M883K1.0M1.5M1.7M
Total Stockholder Equity(1.4M)9.0M5.2M1.2M3.2M3.4M
Property Plant And Equipment Net321.0K315K109K40K27K25.7K
Net Debt(41.0K)(9.5M)(5.8M)(2.1M)(4.3M)(4.1M)
Retained Earnings(90.7M)(93.4M)(97.5M)(101.9M)(109.9M)(104.4M)
Accounts Payable1.5M869K631K672K839K1.0M
Cash418.6K9.8M6.1M2.3M4.5M2.9M
Non Current Assets Total564.4K377K160K59K37K35.2K
Non Currrent Assets Other186.4K62K51K4K10K9.5K
Cash And Short Term Investments418.6K9.8M6.1M2.3M4.5M2.9M
Liabilities And Stockholders Equity1.3M10.6M6.3M2.4M4.9M3.8M
Non Current Liabilities Total421.8K279K227K195K196K186.2K
Other Current Assets21.4K56K43K67K376K394.8K
Other Stockholder Equity89.0M102.4M102.6M103.1M113.0M61.6M
Total Liab2.7M1.6M1.1M1.2M1.7M1.6M
Total Current Assets718.0K10.2M6.1M2.4M4.9M3.4M
Accumulated Other Comprehensive Income124.1K15K(6K)17K64K67.1K
Common Stock141.6K162.8K201K15K20K19K
Net Tangible Assets(1.4M)9.0M5.2M1.2M1.4M1.5M
Other Assets57K62K0.019K1.00.95
Property Plant Equipment321K315K109K40K36K34.2K
Long Term Debt190.4K197K210K195K196K212.0K
Net Invested Capital(1.2M)9.2M5.4M1.4M3.4M2.8M
Net Working Capital(1.6M)8.9M5.2M1.4M3.4M2.6M

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When determining whether GlucoTrack is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if GlucoTrack Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Glucotrack Stock. Highlighted below are key reports to facilitate an investment decision about Glucotrack Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GlucoTrack. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy GlucoTrack Stock please use our How to buy in GlucoTrack Stock guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Health Care Equipment & Supplies 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 GlucoTrack. If investors know GlucoTrack 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 GlucoTrack listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.91)
Return On Assets
(1.57)
Return On Equity
(5.41)
The market value of GlucoTrack is measured differently than its book value, which is the value of GlucoTrack that is recorded on the company's balance sheet. Investors also form their own opinion of GlucoTrack's value that differs from its market value or its book value, called intrinsic value, which is GlucoTrack'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 GlucoTrack's market value can be influenced by many factors that don't directly affect GlucoTrack'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 GlucoTrack's value and its price as these two are different measures arrived at by different means. Investors typically determine if GlucoTrack is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GlucoTrack'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.