Gulf Income Before Tax vs Selling General Administrative 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 Income Before Tax and its Selling General Administrative 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.

Income Before Tax vs Selling General Administrative

Income Before Tax vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gulf Investment Income Before Tax account and Selling General Administrative. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Gulf Investment's Income Before Tax and Selling General Administrative is 0.41. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Selling General Administrative 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 Income Before Tax and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Gulf Investment are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Income Before Tax i.e., Gulf Investment's Income Before Tax and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Gulf Investment income statement and is an important metric when analyzing Gulf Investment profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Selling General Administrative

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

0.280.531.0-0.520.51-0.050.520.16-0.17-0.580.940.920.860.990.63-0.210.490.630.940.980.91-0.50.760.790.18
0.28-0.530.30.350.54-0.23-0.350.15-0.14-0.450.40.220.220.32-0.22-0.24-0.2-0.220.40.40.19-0.170.430.13-0.15
0.53-0.530.49-0.6-0.330.470.6-0.450.430.180.330.450.360.490.880.280.810.880.340.430.45-0.130.080.310.24
1.00.30.49-0.490.55-0.080.490.2-0.21-0.610.950.920.871.00.58-0.240.460.590.950.980.92-0.50.780.80.18
-0.520.35-0.6-0.490.00.02-1.0-0.020.040.22-0.46-0.5-0.47-0.46-0.650.19-0.44-0.65-0.47-0.39-0.50.12-0.33-0.44-0.42
0.510.54-0.330.550.0-0.490.00.79-0.79-0.790.620.540.580.54-0.23-0.51-0.41-0.220.610.560.52-0.580.690.630.05
-0.05-0.230.47-0.080.02-0.49-0.02-0.780.80.75-0.31-0.3-0.42-0.070.480.760.250.47-0.3-0.02-0.31-0.12-0.56-0.52-0.38
0.52-0.350.60.49-1.00.0-0.020.02-0.04-0.220.460.50.470.460.65-0.190.440.650.470.390.5-0.120.330.440.42
0.160.15-0.450.2-0.020.79-0.780.02-1.0-0.730.320.310.420.18-0.48-0.66-0.55-0.480.30.150.32-0.320.510.560.11
-0.17-0.140.43-0.210.04-0.790.8-0.04-1.00.74-0.34-0.33-0.44-0.190.470.670.530.46-0.32-0.16-0.340.3-0.53-0.58-0.16
-0.58-0.450.18-0.610.22-0.790.75-0.22-0.730.74-0.81-0.71-0.78-0.60.120.790.050.12-0.8-0.58-0.710.29-0.95-0.81-0.35
0.940.40.330.95-0.460.62-0.310.460.32-0.34-0.810.930.920.940.43-0.460.40.441.00.910.93-0.420.930.860.33
0.920.220.450.92-0.50.54-0.30.50.31-0.33-0.710.930.980.910.48-0.280.440.490.940.871.0-0.380.830.870.4
0.860.220.360.87-0.470.58-0.420.470.42-0.44-0.780.920.980.860.38-0.380.360.390.920.820.99-0.360.860.90.45
0.990.320.491.0-0.460.54-0.070.460.18-0.19-0.60.940.910.860.58-0.220.460.590.940.990.9-0.480.770.780.16
0.63-0.220.880.58-0.65-0.230.480.65-0.480.470.120.430.480.380.580.260.791.00.440.540.48-0.270.160.320.17
-0.21-0.240.28-0.240.19-0.510.76-0.19-0.660.670.79-0.46-0.28-0.38-0.220.260.090.26-0.45-0.18-0.290.12-0.7-0.59-0.28
0.49-0.20.810.46-0.44-0.410.250.44-0.550.530.050.40.440.360.460.790.090.80.420.410.450.050.240.330.29
0.63-0.220.880.59-0.65-0.220.470.65-0.480.460.120.440.490.390.591.00.260.80.450.550.49-0.270.170.330.18
0.940.40.340.95-0.470.61-0.30.470.3-0.32-0.81.00.940.920.940.44-0.450.420.450.920.93-0.410.930.860.33
0.980.40.430.98-0.390.56-0.020.390.15-0.16-0.580.910.870.820.990.54-0.180.410.550.920.86-0.50.740.720.08
0.910.190.450.92-0.50.52-0.310.50.32-0.34-0.710.931.00.990.90.48-0.290.450.490.930.86-0.370.830.880.41
-0.5-0.17-0.13-0.50.12-0.58-0.12-0.12-0.320.30.29-0.42-0.38-0.36-0.48-0.270.120.05-0.27-0.41-0.5-0.37-0.38-0.490.23
0.760.430.080.78-0.330.69-0.560.330.51-0.53-0.950.930.830.860.770.16-0.70.240.170.930.740.83-0.380.870.34
0.790.130.310.8-0.440.63-0.520.440.56-0.58-0.810.860.870.90.780.32-0.590.330.330.860.720.88-0.490.870.45
0.18-0.150.240.18-0.420.05-0.380.420.11-0.16-0.350.330.40.450.160.17-0.280.290.180.330.080.410.230.340.45
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Gulf Investment Account Relationship Matchups

Gulf Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets114.9M91.3M83.5M97.5M98.1M133.2M
Total Stockholder Equity113.9M91.0M83.3M96.9M97.8M131.3M
Net Debt(6.4M)(1.8M)(7.0M)(2.5M)(744K)(781.2K)
Retained Earnings35.5M73.6M87.4M100.9M107.1M103.4M
Cash6.4M1.8M7.0M2.5M744K706.8K
Non Current Assets Total106.7M88.4M73.9M94.6M108.8M107.3M
Non Currrent Assets Other(106.7M)(88.4M)(73.9M)(94.6M)(97.1M)(101.9M)
Other Assets114.9M91.3M83.5M98.1M112.8M118.5M
Cash And Short Term Investments6.4M1.8M7.0M2.5M744K706.8K
Short Term Investments104.6M116.0M106.7M88.4M79.6M138.3M
Liabilities And Stockholders Equity114.9M91.3M83.5M97.5M98.1M133.2M
Non Current Liabilities Total943K325K269K586K527.4K501.0K
Other Current Assets(8.2M)(2.9M)(9.7M)(2.8M)(315K)(330.8K)
Total Liab943K325K269K586K339K322.1K
Total Current Assets8.2M2.9M9.7M2.8M744K706.8K
Net Receivables1.8M1.1M2.7M328K315K299.3K
Long Term Investments106.7M88.4M73.9M94.6M85.2M82.8M

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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.