Gulf Gross Profit vs Depreciation And Amortization Analysis
GIF Stock | 2.26 0.00 0.00% |
Gulf Investment financial indicator trend analysis is much more than just examining Gulf Investment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gulf Investment is a good investment. Please check the relationship between Gulf Investment Gross Profit and its Depreciation And Amortization accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. 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.
Gross Profit vs Depreciation And Amortization
Gross Profit vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gulf Investment Gross Profit account and Depreciation And Amortization. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Gulf Investment's Gross Profit and Depreciation And Amortization is -0.06. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Gulf Investment, assuming nothing else is changed. The correlation between historical values of Gulf Investment's Gross Profit and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Gulf Investment are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Gross Profit i.e., Gulf Investment's Gross Profit and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Gulf Investment minus its cost of goods sold. It is profit before Gulf Investment operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from Gulf Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gulf Investment 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. 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. The current year's Selling General Administrative is expected to grow to about 1 M, whereas Tax Provision is forecasted to decline to about 29.4 K.
Gulf Investment fundamental ratios Correlations
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Gulf Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gulf Investment fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 114.9M | 91.3M | 83.5M | 97.5M | 98.1M | 133.2M | |
Total Stockholder Equity | 113.9M | 91.0M | 83.3M | 96.9M | 97.8M | 131.3M | |
Net Debt | (6.4M) | (1.8M) | (7.0M) | (2.5M) | (744K) | (781.2K) | |
Retained Earnings | 35.5M | 73.6M | 87.4M | 100.9M | 107.1M | 103.4M | |
Cash | 6.4M | 1.8M | 7.0M | 2.5M | 744K | 706.8K | |
Non Current Assets Total | 106.7M | 88.4M | 73.9M | 94.6M | 108.8M | 107.3M | |
Non Currrent Assets Other | (106.7M) | (88.4M) | (73.9M) | (94.6M) | (97.1M) | (101.9M) | |
Other Assets | 114.9M | 91.3M | 83.5M | 98.1M | 112.8M | 118.5M | |
Cash And Short Term Investments | 6.4M | 1.8M | 7.0M | 2.5M | 744K | 706.8K | |
Short Term Investments | 104.6M | 116.0M | 106.7M | 88.4M | 79.6M | 138.3M | |
Liabilities And Stockholders Equity | 114.9M | 91.3M | 83.5M | 97.5M | 98.1M | 133.2M | |
Non Current Liabilities Total | 943K | 325K | 269K | 586K | 527.4K | 501.0K | |
Other Current Assets | (8.2M) | (2.9M) | (9.7M) | (2.8M) | (315K) | (330.8K) | |
Total Liab | 943K | 325K | 269K | 586K | 339K | 322.1K | |
Total Current Assets | 8.2M | 2.9M | 9.7M | 2.8M | 744K | 706.8K | |
Net Receivables | 1.8M | 1.1M | 2.7M | 328K | 315K | 299.3K | |
Long Term Investments | 106.7M | 88.4M | 73.9M | 94.6M | 85.2M | 82.8M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Gulf Stock
Balance Sheet is a snapshot of the financial position of Gulf Investment at a specified time, usually calculated after every quarter, six months, or one year. Gulf Investment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gulf Investment 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 Gulf currently owns. An asset can also be divided into two categories, current and non-current.