Gelteq Total Stockholder Equity vs Total Current Assets Analysis

GELS Stock

1.57 0.06 3.97%

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 Total Stockholder Equity 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.

Total Stockholder Equity vs Total Current Assets

Total Stockholder Equity 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 Total Stockholder Equity account and Total Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Gelteq Limited's Total Stockholder Equity and Total Current Assets is -0.19. Overlapping area represents the amount of variation of Total Stockholder Equity 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 Total Stockholder Equity 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 Total Stockholder Equity 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 Total Stockholder Equity i.e., Gelteq Limited's Total Stockholder Equity and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.19

Relationship Direction	Negative
Relationship Strength	Insignificant

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Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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

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Gelteq Total Stockholder Equity vs Total Current Assets Analysis

Total Stockholder Equity vs Total Current Assets

Total Stockholder Equity vs Total Current Assets Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Total Current Assets

Gelteq Limited fundamental ratios Correlations

Gelteq Limited Account Relationship Matchups

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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