Geospace Ebit vs Operating Income Analysis

GEOS Stock  USD 11.27  2.35  17.25%   
Geospace Technologies financial indicator trend analysis is much more than just examining Geospace Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Geospace Technologies is a good investment. Please check the relationship between Geospace Technologies Ebit and its Operating Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Geospace Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Geospace Stock please use our How to Invest in Geospace Technologies guide.

Ebit vs Operating Income

Ebit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Geospace Technologies Ebit account and Operating Income. At this time, the significance of the direction appears to have totally related.
The correlation between Geospace Technologies' Ebit and Operating Income is 0.99. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Geospace Technologies, assuming nothing else is changed. The correlation between historical values of Geospace Technologies' Ebit 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 Ebit of Geospace Technologies 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 Ebit i.e., Geospace Technologies' Ebit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ebit

Operating Income

Operating Income is the amount of profit realized from Geospace Technologies 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 Geospace Technologies 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 Geospace Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Geospace Technologies 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 Geospace Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Geospace Stock please use our How to Invest in Geospace Technologies guide.At this time, Geospace Technologies' Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 21.26 in 2024, whereas Selling General Administrative is likely to drop slightly above 19.6 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses41.6M41.8M45.5M31.4M
Cost Of Revenue71.2M72.8M83.0M78.8M

Geospace Technologies fundamental ratios Correlations

0.43-0.340.510.990.78-0.40.970.340.390.53-0.360.430.650.350.060.870.580.240.49-0.080.930.77-0.270.210.27
0.430.290.880.350.17-0.290.390.910.29-0.08-0.410.10.550.62-0.020.490.16-0.250.81-0.260.530.3-0.28-0.07-0.08
-0.340.290.42-0.41-0.42-0.41-0.450.440.43-0.350.10.28-0.310.60.06-0.34-0.35-0.030.440.28-0.24-0.570.060.070.04
0.510.880.420.430.16-0.420.430.940.43-0.06-0.340.30.520.72-0.130.530.35-0.140.890.030.620.2-0.280.00.0
0.990.35-0.410.430.78-0.360.980.250.350.54-0.350.430.640.280.020.870.580.250.4-0.080.920.78-0.290.220.28
0.780.17-0.420.160.78-0.460.720.010.450.79-0.380.250.410.170.510.520.340.480.33-0.260.560.710.290.370.5
-0.4-0.29-0.41-0.42-0.36-0.46-0.32-0.2-1.0-0.320.2-0.760.21-0.75-0.32-0.190.04-0.2-0.520.14-0.33-0.13-0.03-0.19-0.26
0.970.39-0.450.430.980.72-0.320.250.310.41-0.450.370.620.23-0.040.930.590.060.38-0.190.950.81-0.390.050.11
0.340.910.440.940.250.01-0.20.250.22-0.18-0.290.090.570.64-0.180.40.21-0.160.810.080.470.08-0.260.030.0
0.390.290.430.430.350.45-1.00.310.220.3-0.210.75-0.220.750.320.18-0.040.190.52-0.140.320.120.040.190.26
0.53-0.08-0.35-0.060.540.79-0.320.41-0.180.30.260.30.160.130.60.090.140.750.2-0.070.180.440.50.470.61
-0.36-0.410.1-0.34-0.35-0.380.2-0.45-0.29-0.210.260.14-0.38-0.060.01-0.63-0.330.41-0.270.33-0.53-0.430.180.180.18
0.430.10.280.30.430.25-0.760.370.090.750.30.14-0.250.68-0.070.19-0.040.270.23-0.050.370.0-0.30.330.34
0.650.55-0.310.520.640.410.210.620.57-0.220.16-0.38-0.250.03-0.080.720.530.090.450.160.690.62-0.180.170.16
0.350.620.60.720.280.17-0.750.230.640.750.13-0.060.680.030.040.19-0.190.140.710.020.35-0.13-0.140.150.19
0.06-0.020.06-0.130.020.51-0.32-0.04-0.180.320.60.01-0.07-0.080.04-0.21-0.190.350.31-0.27-0.20.250.760.210.27
0.870.49-0.340.530.870.52-0.190.930.40.180.09-0.630.190.720.19-0.210.64-0.180.4-0.10.980.75-0.54-0.09-0.08
0.580.16-0.350.350.580.340.040.590.21-0.040.14-0.33-0.040.53-0.19-0.190.64-0.070.250.110.610.63-0.18-0.02-0.01
0.24-0.25-0.03-0.140.250.48-0.20.06-0.160.190.750.410.270.090.140.35-0.18-0.070.00.4-0.060.030.520.780.9
0.490.810.440.890.40.33-0.520.380.810.520.2-0.270.230.450.710.310.40.250.0-0.030.490.270.060.00.04
-0.08-0.260.280.03-0.08-0.260.14-0.190.08-0.14-0.070.33-0.050.160.02-0.27-0.10.110.4-0.03-0.06-0.320.060.220.25
0.930.53-0.240.620.920.56-0.330.950.470.320.18-0.530.370.690.35-0.20.980.61-0.060.49-0.060.71-0.530.030.05
0.770.3-0.570.20.780.71-0.130.810.080.120.44-0.430.00.62-0.130.250.750.630.030.27-0.320.71-0.140.060.08
-0.27-0.280.06-0.28-0.290.29-0.03-0.39-0.260.040.50.18-0.3-0.18-0.140.76-0.54-0.180.520.060.06-0.53-0.140.30.4
0.21-0.070.070.00.220.37-0.190.050.030.190.470.180.330.170.150.21-0.09-0.020.780.00.220.030.060.30.95
0.27-0.080.040.00.280.5-0.260.110.00.260.610.180.340.160.190.27-0.08-0.010.90.040.250.050.080.40.95
Click cells to compare fundamentals

Geospace Technologies Account Relationship Matchups

Geospace Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets186.8M163.9M135.1M153.0M152.2M172.9M
Other Current Liab8.8M6.0M6.2M8.5M9.0M6.7M
Total Current Liabilities10.3M15.2M12.6M19.8M17.2M17.7M
Total Stockholder Equity161.0M142.5M121.6M132.7M134.6M149.1M
Property Plant And Equipment Net84.2M70.1M55.8M46.3M21.5M20.5M
Net Debt(32.7M)(12.8M)(15.1M)(18.0M)(6.4M)(6.7M)
Retained Earnings86.6M72.5M49.7M61.9M55.3M93.5M
Accounts Payable1.6M6.4M5.6M6.7M8.0M6.2M
Cash32.7M14.1M16.1M18.8M6.9M6.6M
Non Current Assets Total121.9M103.9M75.1M77.3M62.8M71.0M
Non Currrent Assets Other25.0M21.5M13.0M25.4M38.9M40.8M
Cash And Short Term Investments32.7M23.6M17.0M33.7M37.1M22.2M
Net Receivables13.8M18.2M20.9M21.4M28.2M22.8M
Common Stock Shares Outstanding13.5M13.4M13.0M13.2M13.2M13.9M
Liabilities And Stockholders Equity186.8M163.9M135.1M153.0M152.2M172.9M
Non Current Liabilities Total15.5M6.3M782K528K373K354.4K
Inventory16.9M16.2M20.0M18.4M26.2M51.9M
Other Current Assets953K2.1M2.1M2.3M2.0M2.6M
Other Stockholder Equity91.0M86.1M87.2M88.5M83.5M61.9M
Total Liab25.9M21.5M13.4M20.3M17.6M23.7M
Property Plant And Equipment Gross84.2M70.1M181.8M169.7M195.2M204.9M
Total Current Assets64.9M60.0M60.0M75.8M89.4M101.9M
Accumulated Other Comprehensive Income(16.7M)(16.3M)(15.3M)(17.8M)(4.3M)(4.5M)
Short Term Debt8.8M450K241K257K173K164.4K
Intangible Assets8.3M7.3M5.6M4.8M1.6M1.6M
Other Assets22.2M25.0M21.5M13.0M15.0M15.0M
Good Will5.0M4.3M5.1M736K846.4K804.1K
Property Plant Equipment93.5M29.9M70.1M55.8M64.1M48.4M
Current Deferred Revenue8.8M7.8M629K4.4M5.0M3.1M
Net Tangible Assets163.8M148.3M130.1M115.3M103.8M163.6M
Deferred Long Term Liab45K479K4.6M457K411.3K390.7K
Other Liab10.0M15.5M5.2M13K15.0K14.2K

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 Geospace Stock Analysis

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