Goldenstone Gross Profit vs Ebit Analysis

GDSTW Stock  USD 0.02  0  21.50%   
Goldenstone Acquisition financial indicator trend analysis is much more than just examining Goldenstone Acquisition latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Goldenstone Acquisition is a good investment. Please check the relationship between Goldenstone Acquisition Gross Profit and its Ebit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. 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.

Gross Profit vs Ebit

Gross Profit vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goldenstone Acquisition Gross Profit account and Ebit. At this time, the significance of the direction appears to have totally related.
The correlation between Goldenstone Acquisition's Gross Profit and Ebit is 0.99. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Ebit in the same time period over historical financial statements of Goldenstone Acquisition Limited, assuming nothing else is changed. The correlation between historical values of Goldenstone Acquisition's Gross Profit and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Goldenstone Acquisition Limited are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Gross Profit i.e., Goldenstone Acquisition's Gross Profit and Ebit go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Goldenstone Acquisition Limited minus its cost of goods sold. It is profit before Goldenstone Acquisition operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Ebit

Most indicators from Goldenstone Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Goldenstone Acquisition 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. 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.
At this time, Goldenstone Acquisition's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 38.48 in 2024, whereas Tax Provision is likely to drop slightly above 336.5 K in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses55.7K1.0M847.1K533.7K
Depreciation And Amortization55.7K1.0K3.1M3.2M

Goldenstone Acquisition fundamental ratios Correlations

0.690.681.00.39-0.740.461.01.00.460.931.0-0.740.921.00.690.651.0-0.510.691.00.790.65-0.530.58-0.53
0.690.990.680.89-0.96-0.020.690.69-0.020.730.71-0.780.840.691.00.060.71-0.931.00.710.830.26-0.940.94-0.94
0.680.990.670.93-0.99-0.150.680.68-0.150.710.7-0.860.850.670.99-0.030.72-0.970.990.720.890.38-0.930.92-0.93
1.00.680.670.38-0.730.471.01.00.470.931.0-0.730.911.00.680.670.99-0.490.680.990.780.65-0.520.56-0.52
0.390.890.930.38-0.91-0.480.40.4-0.480.450.42-0.80.660.390.89-0.390.45-0.990.890.450.80.29-0.870.87-0.87
-0.74-0.96-0.99-0.73-0.910.13-0.75-0.740.13-0.75-0.760.92-0.9-0.74-0.96-0.02-0.780.96-0.96-0.78-0.94-0.490.88-0.910.88
0.46-0.02-0.150.47-0.480.130.450.451.00.40.440.250.180.46-0.020.950.370.37-0.020.37-0.15-0.130.1-0.110.1
1.00.690.681.00.4-0.750.451.00.450.931.0-0.750.921.00.690.651.0-0.520.691.00.80.65-0.530.58-0.53
1.00.690.681.00.4-0.740.451.00.450.931.0-0.750.921.00.690.651.0-0.510.691.00.80.65-0.530.58-0.53
0.46-0.02-0.150.47-0.480.131.00.450.450.40.440.250.180.46-0.020.950.370.37-0.020.37-0.15-0.130.1-0.110.1
0.930.730.710.930.45-0.750.40.930.930.40.92-0.720.80.930.730.580.92-0.540.730.920.710.58-0.690.5-0.69
1.00.710.71.00.42-0.760.441.01.00.440.92-0.760.931.00.710.631.0-0.540.711.00.810.64-0.550.61-0.55
-0.74-0.78-0.86-0.73-0.80.920.25-0.75-0.750.25-0.72-0.76-0.86-0.74-0.780.01-0.80.84-0.78-0.8-0.97-0.790.69-0.710.69
0.920.840.850.910.66-0.90.180.920.920.180.80.93-0.860.910.840.360.94-0.750.840.940.940.59-0.650.83-0.65
1.00.690.671.00.39-0.740.461.01.00.460.931.0-0.740.910.690.660.99-0.50.690.990.790.64-0.530.57-0.53
0.691.00.990.680.89-0.96-0.020.690.69-0.020.730.71-0.780.840.690.060.71-0.931.00.710.830.26-0.940.94-0.94
0.650.06-0.030.67-0.39-0.020.950.650.650.950.580.630.010.360.660.060.580.260.060.580.070.180.05-0.050.05
1.00.710.720.990.45-0.780.371.01.00.370.921.0-0.80.940.990.710.58-0.560.711.00.850.69-0.550.61-0.55
-0.51-0.93-0.97-0.49-0.990.960.37-0.52-0.510.37-0.54-0.540.84-0.75-0.5-0.930.26-0.56-0.93-0.56-0.86-0.330.89-0.920.89
0.691.00.990.680.89-0.96-0.020.690.69-0.020.730.71-0.780.840.691.00.060.71-0.930.710.830.26-0.940.94-0.94
1.00.710.720.990.45-0.780.371.01.00.370.921.0-0.80.940.990.710.581.0-0.560.710.850.69-0.550.61-0.55
0.790.830.890.780.8-0.94-0.150.80.8-0.150.710.81-0.970.940.790.830.070.85-0.860.830.850.71-0.680.81-0.68
0.650.260.380.650.29-0.49-0.130.650.65-0.130.580.64-0.790.590.640.260.180.69-0.330.260.690.71-0.160.17-0.16
-0.53-0.94-0.93-0.52-0.870.880.1-0.53-0.530.1-0.69-0.550.69-0.65-0.53-0.940.05-0.550.89-0.94-0.55-0.68-0.16-0.81.0
0.580.940.920.560.87-0.91-0.110.580.58-0.110.50.61-0.710.830.570.94-0.050.61-0.920.940.610.810.17-0.8-0.8
-0.53-0.94-0.93-0.52-0.870.880.1-0.53-0.530.1-0.69-0.550.69-0.65-0.53-0.940.05-0.550.89-0.94-0.55-0.68-0.161.0-0.8
Click cells to compare fundamentals

Goldenstone Acquisition Account Relationship Matchups

Also Currently Popular

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.

Additional Tools for Goldenstone Stock Analysis

When running Goldenstone Acquisition's price analysis, check to measure Goldenstone Acquisition's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Goldenstone Acquisition is operating at the current time. Most of Goldenstone Acquisition's value examination focuses on studying past and present price action to predict the probability of Goldenstone Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goldenstone Acquisition's price. Additionally, you may evaluate how the addition of Goldenstone Acquisition to your portfolios can decrease your overall portfolio volatility.