| GEN Stock | | | 405.50 1.00 0.25% |
Genuit Group financial indicator trend analysis is much more than just examining Genuit Group plc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genuit Group plc is a good investment. Please check the relationship between Genuit Group Research Development and its Operating Income accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genuit Group plc. 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.
Research Development vs Operating Income
Research Development vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Genuit Group plc Research Development account and
Operating Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Genuit Group's Research Development and Operating Income is 0.25. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Operating Income in the same time period over historical financial statements of Genuit Group plc, assuming nothing else is changed. The correlation between historical values of Genuit Group's Research Development and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Genuit Group plc are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Research Development i.e., Genuit Group's Research Development and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.25 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Research Development
Operating Income
Operating Income is the amount of profit realized from Genuit Group plc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Genuit Group plc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Genuit Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genuit Group plc 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 Genuit Group plc. 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.
At present, Genuit Group's
Discontinued Operations is projected to increase significantly based on the last few years of reporting.
Genuit Group fundamental ratios Correlations
Click cells to compare fundamentals
Genuit Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Genuit Group fundamental ratios Accounts
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Other Information on Investing in Genuit Stock
Balance Sheet is a snapshot of the
financial position of Genuit Group plc at a specified time, usually calculated after every quarter, six months, or one year. Genuit Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Genuit Group 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 Genuit currently owns. An asset can also be divided into two categories, current and non-current.