GFIN Stock | | | 0.03 0.0001 0.36% |
Gfinity PLC financial indicator trend analysis is much more than just examining Gfinity PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gfinity PLC is a good investment. Please check the relationship between Gfinity PLC Capital Expenditures and its Free Cash Flow accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gfinity 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 board of governors.
Capital Expenditures vs Free Cash Flow
Capital Expenditures vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gfinity PLC Capital Expenditures account and
Free Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Gfinity PLC's Capital Expenditures and Free Cash Flow is -0.38. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Gfinity PLC, assuming nothing else is changed. The correlation between historical values of Gfinity PLC's Capital Expenditures and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Gfinity PLC are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Capital Expenditures i.e., Gfinity PLC's Capital Expenditures and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.38 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Expenditures
Capital Expenditures are funds used by Gfinity PLC to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Gfinity PLC operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from Gfinity PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gfinity 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 Gfinity 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 board of governors.
Selling General Administrative is likely to drop to about 2.9
M in 2024.
Tax Provision is likely to gain to about (833.5
K) in 2024
Gfinity PLC fundamental ratios Correlations
Click cells to compare fundamentals
Gfinity PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gfinity PLC fundamental ratios Accounts
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Additional Tools for Gfinity Stock Analysis
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predict the probability of Gfinity PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gfinity PLC's price. Additionally, you may evaluate how the addition of Gfinity PLC to your portfolios can decrease your overall portfolio volatility.