GlucoTrack Selling General Administrative vs Depreciation And Amortization 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 Selling General Administrative and its Depreciation And Amortization 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.
Selling General Administrative vs Depreciation And Amortization
Selling General Administrative vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GlucoTrack Selling General Administrative account and Depreciation And Amortization. At this time, the significance of the direction appears to have almost no relationship.
The correlation between GlucoTrack's Selling General Administrative and Depreciation And Amortization is 0.15. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of GlucoTrack, assuming nothing else is changed. The correlation between historical values of GlucoTrack's Selling General Administrative and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of GlucoTrack are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Selling General Administrative i.e., GlucoTrack's Selling General Administrative and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.15 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Selling General Administrative
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.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 Revenue | 42K | 23K | 13K | 12.4K | Reconciled Depreciation | 42K | 23K | 25K | 32.9K |
GlucoTrack fundamental ratios Correlations
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GlucoTrack Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GlucoTrack fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 11.9M | 15.1M | 15.5M | 15.5M | 4.2M | 4.9M | |
Total Assets | 1.3M | 10.6M | 6.3M | 2.4M | 4.9M | 3.8M | |
Short Long Term Debt Total | 377.6K | 363K | 250K | 195K | 196K | 246.7K | |
Other Current Liab | 596.1K | 392K | 229K | 341K | 673K | 594.1K | |
Total Current Liabilities | 2.3M | 1.3M | 883K | 1.0M | 1.5M | 1.7M | |
Total Stockholder Equity | (1.4M) | 9.0M | 5.2M | 1.2M | 3.2M | 3.4M | |
Property Plant And Equipment Net | 321.0K | 315K | 109K | 40K | 27K | 25.7K | |
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 Payable | 1.5M | 869K | 631K | 672K | 839K | 1.0M | |
Cash | 418.6K | 9.8M | 6.1M | 2.3M | 4.5M | 2.9M | |
Non Current Assets Total | 564.4K | 377K | 160K | 59K | 37K | 35.2K | |
Non Currrent Assets Other | 186.4K | 62K | 51K | 4K | 10K | 9.5K | |
Cash And Short Term Investments | 418.6K | 9.8M | 6.1M | 2.3M | 4.5M | 2.9M | |
Liabilities And Stockholders Equity | 1.3M | 10.6M | 6.3M | 2.4M | 4.9M | 3.8M | |
Non Current Liabilities Total | 421.8K | 279K | 227K | 195K | 196K | 186.2K | |
Other Current Assets | 21.4K | 56K | 43K | 67K | 376K | 394.8K | |
Other Stockholder Equity | 89.0M | 102.4M | 102.6M | 103.1M | 113.0M | 61.6M | |
Total Liab | 2.7M | 1.6M | 1.1M | 1.2M | 1.7M | 1.6M | |
Total Current Assets | 718.0K | 10.2M | 6.1M | 2.4M | 4.9M | 3.4M | |
Accumulated Other Comprehensive Income | 124.1K | 15K | (6K) | 17K | 64K | 67.1K | |
Common Stock | 141.6K | 162.8K | 201K | 15K | 20K | 19K | |
Net Tangible Assets | (1.4M) | 9.0M | 5.2M | 1.2M | 1.4M | 1.5M | |
Other Assets | 57K | 62K | 0.0 | 19K | 1.0 | 0.95 | |
Property Plant Equipment | 321K | 315K | 109K | 40K | 36K | 34.2K | |
Long Term Debt | 190.4K | 197K | 210K | 195K | 196K | 212.0K | |
Net Invested Capital | (1.2M) | 9.2M | 5.4M | 1.4M | 3.4M | 2.8M | |
Net Working Capital | (1.6M) | 8.9M | 5.2M | 1.4M | 3.4M | 2.6M |
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Try AI Portfolio ArchitectCheck 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 Backtesting module to avoid under-diversification and over-optimization by backtesting 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.