GDI Stock | | | CAD 36.13 0.76 2.06% |
GDI Integrated financial indicator trend analysis is much more than just examining GDI Integrated latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GDI Integrated is a good investment. Please check the relationship between GDI Integrated Income Before Tax and its Ebitda accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GDI Integrated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Income Before Tax vs Ebitda
Income Before Tax vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GDI Integrated Income Before Tax account and
Ebitda. At this time, the significance of the direction appears to have very strong relationship.
The correlation between GDI Integrated's Income Before Tax and Ebitda is 0.84. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebitda in the same time period over historical financial statements of GDI Integrated, assuming nothing else is changed. The correlation between historical values of GDI Integrated's Income Before Tax and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of GDI Integrated are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Income Before Tax i.e., GDI Integrated's Income Before Tax and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on GDI Integrated income statement and is an important metric when analyzing GDI Integrated profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Ebitda
Most indicators from GDI Integrated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GDI Integrated 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 GDI Integrated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, GDI Integrated's
Tax Provision is very stable compared to the past year. As of the 23rd of November 2024,
Issuance Of Capital Stock is likely to grow to about 3
M, while
Selling General Administrative is likely to drop about 5.7
M.
GDI Integrated fundamental ratios Correlations
Click cells to compare fundamentals
GDI Integrated Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GDI Integrated fundamental ratios Accounts
Other Information on Investing in GDI Stock
Balance Sheet is a snapshot of the
financial position of GDI Integrated at a specified time, usually calculated after every quarter, six months, or one year. GDI Integrated Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of GDI Integrated 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 GDI currently owns. An asset can also be divided into two categories, current and non-current.