GDI Selling General Administrative vs Income Tax Expense Analysis

GDI Stock  CAD 36.25  0.12  0.33%   
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 Selling General Administrative and its Income Tax Expense 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.

Selling General Administrative vs Income Tax Expense

Selling General Administrative vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GDI Integrated Selling General Administrative account and Income Tax Expense. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between GDI Integrated's Selling General Administrative and Income Tax Expense is 0.52. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Income Tax Expense 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 Selling General Administrative and Income Tax Expense 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 GDI Integrated are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Selling General Administrative i.e., GDI Integrated's Selling General Administrative and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Selling General Administrative

Income Tax Expense

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 27th 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.
 2023 2024 (projected)
Tax Provision10M13.1M
Minority Interest88.1M82.4M

GDI Integrated fundamental ratios Correlations

1.00.990.990.920.870.990.321.00.491.00.790.880.72-0.361.00.951.00.540.820.660.480.770.650.670.96
1.00.981.00.920.880.990.340.990.511.00.770.860.71-0.341.00.971.00.560.80.670.460.790.650.660.97
0.990.980.990.870.850.980.260.990.410.980.840.930.78-0.390.980.910.980.50.860.60.540.720.720.690.92
0.991.00.990.910.870.980.330.990.50.990.790.880.71-0.340.990.950.990.570.820.620.480.760.70.670.95
0.920.920.870.910.760.930.260.90.440.930.670.720.54-0.370.930.930.920.610.70.750.430.850.410.480.95
0.870.880.850.870.760.870.640.840.710.880.470.660.58-0.360.870.880.890.240.490.470.110.730.540.840.85
0.990.990.980.980.930.870.320.990.51.00.770.860.69-0.341.00.961.00.540.790.710.460.80.590.650.96
0.320.340.260.330.260.640.320.280.930.32-0.140.020.01-0.160.350.480.35-0.03-0.150.12-0.370.160.080.640.35
1.00.990.990.990.90.840.990.280.450.990.830.910.74-0.380.990.930.980.550.860.640.530.730.680.680.93
0.490.510.410.50.440.710.50.930.450.490.080.150.1-0.010.520.650.520.290.060.32-0.180.340.170.620.55
1.01.00.980.990.930.881.00.320.990.490.770.860.7-0.341.00.961.00.530.790.680.450.810.620.640.96
0.790.770.840.790.670.470.77-0.140.830.080.770.910.74-0.320.760.630.750.680.990.470.850.450.760.440.68
0.880.860.930.880.720.660.860.020.910.150.860.910.8-0.420.850.710.850.440.940.510.690.510.780.640.74
0.720.710.780.710.540.580.690.010.740.10.70.740.8-0.330.680.580.690.280.760.390.550.490.730.490.62
-0.36-0.34-0.39-0.34-0.37-0.36-0.34-0.16-0.38-0.01-0.34-0.32-0.42-0.33-0.34-0.27-0.33-0.02-0.32-0.14-0.2-0.18-0.26-0.48-0.28
1.01.00.980.990.930.871.00.350.990.521.00.760.850.68-0.340.971.00.560.790.690.450.790.610.650.97
0.950.970.910.950.930.880.960.480.930.650.960.630.710.58-0.270.970.970.570.650.730.310.830.490.610.98
1.01.00.980.990.920.891.00.350.980.521.00.750.850.69-0.331.00.970.520.770.670.430.810.620.650.97
0.540.560.50.570.610.240.54-0.030.550.290.530.680.440.28-0.020.560.570.520.670.460.610.410.410.10.61
0.820.80.860.820.70.490.79-0.150.860.060.790.990.940.76-0.320.790.650.770.670.490.840.470.760.440.71
0.660.670.60.620.750.470.710.120.640.320.680.470.510.39-0.140.690.730.670.460.490.290.650.040.170.71
0.480.460.540.480.430.110.46-0.370.53-0.180.450.850.690.55-0.20.450.310.430.610.840.290.150.570.130.4
0.770.790.720.760.850.730.80.160.730.340.810.450.510.49-0.180.790.830.810.410.470.650.150.30.320.86
0.650.650.720.70.410.540.590.080.680.170.620.760.780.73-0.260.610.490.620.410.760.040.570.30.590.51
0.670.660.690.670.480.840.650.640.680.620.640.440.640.49-0.480.650.610.650.10.440.170.130.320.590.54
0.960.970.920.950.950.850.960.350.930.550.960.680.740.62-0.280.970.980.970.610.710.710.40.860.510.54
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GDI Integrated Account Relationship Matchups

GDI Integrated fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets637.7M750.0M1.1B1.2B1.3B1.4B
Total Current Liabilities192.9M238.9M356.9M397M416M436.8M
Total Stockholder Equity261.0M339.1M391.0M439M455M477.8M
Property Plant And Equipment Net70.5M83.7M117.3M122M127M133.4M
Net Debt176.2M169.9M305.5M391M417M437.9M
Retained Earnings(78.8M)(30.8M)12.6M49M68M71.4M
Accounts Payable137.6M131.9M236.5M286M298M312.9M
Cash3.8M3.4M24.3M7M17M15.0M
Non Current Assets Total342.6M395.1M570.3M614M626M657.3M
Cash And Short Term Investments3.8M3.4M36.7M18M30M17.7M
Net Receivables270.4M312.0M435M531M582M611.1M
Common Stock Shares Outstanding21.7M22.6M23.6M23.7M23.7M24.9M
Liabilities And Stockholders Equity637.7M750.0M1.1B1.2B1.3B1.4B
Other Current Assets5.1M17.5M9M12M13.8M14.5M
Other Stockholder Equity6.1M6.4M6M4M2M1.9M
Total Liab376.8M410.9M693.6M781M837M878.9M
Property Plant And Equipment Gross70.5M83.7M236.2M257M281M295.1M
Total Current Assets295.2M354.9M514.3M606M666M699.3M
Accumulated Other Comprehensive Income2.1M(201K)1.2M7M5M5.3M
Intangible Assets91.6M94.5M142.9M139M131M69.6M
Common Stock329.7M363.7M371.3M379M380M310.3M
Non Currrent Assets Other2.9M1.07.7M9M12M12.6M
Short Term Debt15.3M22.9M6.0M53M50M52.5M
Other Current Liab39.1M67.6M41.5M26M32M16.5M
Current Deferred Revenue17.6M19.3M43.1M30M34M17.1M
Inventory15.9M21.9M34.2M45M42M44.1M
Short Long Term Debt Total180.0M173.4M329.9M398M434M236.8M
Other Liab19.2M21.4M37.9M39M35.1M24.0M
Net Tangible Assets(8.0M)31.2M(53.8M)(44M)(50.6M)(53.1M)
Other Assets3.0M3.5M8.3M9M8.1M5.9M
Long Term Debt164.7M150.5M298.9M345M384M214.1M
Good Will177.5M213.4M301.9M344M356M225.2M
Non Current Liabilities Total183.9M171.9M336.7M384M421M247.6M
Short Long Term Debt15.3M22.9M31.0M53M50M26.2M
Property Plant Equipment70.5M83.7M117.3M122M140.3M147.3M
Long Term Debt Total164.7M150.5M298.9M345M396.8M202.6M
Capital Surpluse6.1M6.4M6M4M4.6M4.2M
Cash And Equivalents1.0M1.9M3.8M3.4M4.0M2.3M

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.