Gelteq Selling General Administrative vs Total Current Assets Analysis

GELS Stock

1.86 0.05 2.76%

Gelteq Limited financial indicator trend analysis is much more than just examining Gelteq Limited Ordinary latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gelteq Limited Ordinary is a good investment. Please check the relationship between Gelteq Limited Selling General Administrative and its Total Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gelteq Limited Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Selling General Administrative vs Total Current Assets

Selling General Administrative vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gelteq Limited Ordinary Selling General Administrative account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Gelteq Limited's Selling General Administrative and Total Current Assets is 0.65. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Gelteq Limited Ordinary, assuming nothing else is changed. The correlation between historical values of Gelteq Limited's Selling General Administrative and Total Current Assets 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 Gelteq Limited Ordinary are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Selling General Administrative i.e., Gelteq Limited's Selling General Administrative and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.65

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Selling General Administrative

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Gelteq Limited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gelteq Limited Ordinary 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 Gelteq Limited Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Selling General Administrative is likely to gain to about 1.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	1.2M	1.2M	1.2M	1.0M
Total Operating Expenses	3.3M	3.5M	2.8M	2.8M

Reconciled Depreciation Total Operating Expenses

Gelteq Limited fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Long Term Debt	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Net Debt	Other Current Assets
Total Assets		-0.97	0.93	0.92	-0.8	0.52	1.0	-0.73	0.96	-0.73	-0.8	0.98	-0.93	0.02	-0.86	0.94	0.99	-0.82	0.79
Total Current Liabilities	-0.97		-0.97	-0.96	0.89	-0.58	-0.96	0.75	-0.92	0.76	0.89	-0.98	0.96	-0.03	0.96	-0.99	-0.96	0.93	-0.82
Total Stockholder Equity	0.93	-0.97		1.0	-0.97	0.39	0.94	-0.88	0.82	-0.88	-0.96	0.98	-0.88	-0.19	-0.95	0.94	0.94	-0.92	0.9
Retained Earnings	0.92	-0.96	1.0		-0.97	0.35	0.94	-0.9	0.81	-0.9	-0.97	0.98	-0.86	-0.22	-0.94	0.92	0.94	-0.92	0.92
Accounts Payable	-0.8	0.89	-0.97	-0.97		-0.24	-0.83	0.93	-0.65	0.94	1.0	-0.9	0.76	0.35	0.92	-0.85	-0.83	0.9	-0.91
Cash	0.52	-0.58	0.39	0.35	-0.24		0.44	0.05	0.69	0.05	-0.25	0.46	-0.73	0.75	-0.52	0.67	0.44	-0.48	0.03
Non Current Assets Total	1.0	-0.96	0.94	0.94	-0.83	0.44		-0.78	0.93	-0.78	-0.82	0.99	-0.89	-0.08	-0.85	0.92	1.0	-0.8	0.82
Long Term Debt	-0.73	0.75	-0.88	-0.9	0.93	0.05	-0.78		-0.51	1.0	0.93	-0.82	0.55	0.63	0.73	-0.66	-0.78	0.71	-0.9
Common Stock Shares Outstanding	0.96	-0.92	0.82	0.81	-0.65	0.69	0.93	-0.51		-0.51	-0.64	0.91	-0.95	0.28	-0.8	0.92	0.93	-0.75	0.63
Non Current Liabilities Total	-0.73	0.76	-0.88	-0.9	0.94	0.05	-0.78	1.0	-0.51		0.93	-0.82	0.56	0.63	0.74	-0.67	-0.78	0.72	-0.9
Total Liab	-0.8	0.89	-0.96	-0.97	1.0	-0.25	-0.82	0.93	-0.64	0.93		-0.89	0.76	0.34	0.92	-0.85	-0.82	0.91	-0.91
Net Invested Capital	0.98	-0.98	0.98	0.98	-0.9	0.46	0.99	-0.82	0.91	-0.82	-0.89		-0.92	-0.1	-0.91	0.95	0.99	-0.87	0.85
Short Long Term Debt	-0.93	0.96	-0.88	-0.86	0.76	-0.73	-0.89	0.55	-0.95	0.56	0.76	-0.92		-0.29	0.93	-0.99	-0.89	0.9	-0.69
Total Current Assets	0.02	-0.03	-0.19	-0.22	0.35	0.75	-0.08	0.63	0.28	0.63	0.34	-0.1	-0.29		-0.03	0.16	-0.08	-0.04	-0.38
Capital Stock	-0.86	0.96	-0.95	-0.94	0.92	-0.52	-0.85	0.73	-0.8	0.74	0.92	-0.91	0.93	-0.03		-0.96	-0.85	1.0	-0.85
Net Working Capital	0.94	-0.99	0.94	0.92	-0.85	0.67	0.92	-0.66	0.92	-0.67	-0.85	0.95	-0.99	0.16	-0.96		0.92	-0.94	0.76
Intangible Assets	0.99	-0.96	0.94	0.94	-0.83	0.44	1.0	-0.78	0.93	-0.78	-0.82	0.99	-0.89	-0.08	-0.85	0.92		-0.8	0.82
Net Debt	-0.82	0.93	-0.92	-0.92	0.9	-0.48	-0.8	0.71	-0.75	0.72	0.91	-0.87	0.9	-0.04	1.0	-0.94	-0.8		-0.86
Other Current Assets	0.79	-0.82	0.9	0.92	-0.91	0.03	0.82	-0.9	0.63	-0.9	-0.91	0.85	-0.69	-0.38	-0.85	0.76	0.82	-0.86

Click cells to compare fundamentals

Gelteq Limited Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Gelteq Stock Analysis

When running Gelteq Limited's price analysis, check to measure Gelteq Limited'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 Gelteq Limited is operating at the current time. Most of Gelteq Limited's value examination focuses on studying past and present price action to predict the probability of Gelteq Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gelteq Limited's price. Additionally, you may evaluate how the addition of Gelteq Limited to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Gelteq Selling General Administrative vs Total Current Assets Analysis

Selling General Administrative vs Total Current Assets

Selling General Administrative vs Total Current Assets Correlation Analysis

Correlation Coefficient

Selling General Administrative

Total Current Assets

Gelteq Limited fundamental ratios Correlations

Gelteq Limited Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Gelteq Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Total Liab	+ 1.0	Accounts Payable
Intangible Assets	+ 1.0	Non Current Assets Total
Non Current Liabilities Total	+ 1.0	Long Term Debt
Net Debt	+ 1.0	Capital Stock

Net Working Capital	- 0.99	Short Long Term Debt
Net Working Capital	- 0.99	Total Current Liabilities
Net Invested Capital	- 0.98	Total Current Liabilities
Total Liab	- 0.97	Retained Earnings
Accounts Payable	- 0.97	Retained Earnings
Accounts Payable	- 0.97	Total Stockholder Equity