Generationome Depreciation vs Net Income Analysis
GIPR Stock | USD 1.83 0.04 2.14% |
Generationome Properties financial indicator trend analysis is much more than just examining Generationome Properties latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Generationome Properties is a good investment. Please check the relationship between Generationome Properties Depreciation and its Net Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Generationome Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Generationome Stock, please use our How to Invest in Generationome Properties guide.
Depreciation vs Net Income
Depreciation vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Generationome Properties Depreciation account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Generationome Properties' Depreciation and Net Income is -0.97. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Net Income in the same time period over historical financial statements of Generationome Properties, assuming nothing else is changed. The correlation between historical values of Generationome Properties' Depreciation and Net 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 Depreciation of Generationome Properties are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Depreciation i.e., Generationome Properties' Depreciation and Net Income go up and down completely randomly.
Correlation Coefficient | -0.97 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Depreciation
Depreciation indicates how much of Generationome Properties value has been used up. For tax purposes Generationome Properties can deduct the cost of the tangible assets it purchases as business expenses. However, Generationome Properties must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Generationome Properties financial statement analysis. It represents the amount of money remaining after all of Generationome Properties operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Generationome Properties' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Generationome Properties 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 Generationome Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Generationome Stock, please use our How to Invest in Generationome Properties guide.At this time, Generationome Properties' Selling General Administrative is relatively stable compared to the past year. As of 11/28/2024, Enterprise Value Over EBITDA is likely to grow to 32.72, though Issuance Of Capital Stock is likely to grow to (4 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.1M | 4.2M | 5.9M | 3.3M | Total Revenue | 3.9M | 5.4M | 7.6M | 4.1M |
Generationome Properties fundamental ratios Correlations
Click cells to compare fundamentals
Generationome Properties Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Generationome Properties fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Current Liabilities | 701.3K | 754.1K | 598.8K | 966.2K | 3.9M | 4.1M | |
Other Liab | 614.7K | 604.2K | 806.3K | 3.4M | 3.9M | 4.1M | |
Net Tangible Assets | (212.1K) | (1.0M) | 10.4M | 7.5M | 8.7M | 9.1M | |
Retained Earnings | (2.3M) | (4.2M) | (5.4M) | (8.6M) | (14.8M) | (14.1M) | |
Accounts Payable | 82.9K | 118.5K | 201.7K | 173.5K | 406.8K | 427.1K | |
Other Assets | 601.6K | 689.9K | (11.5M) | 42.0M | 748.4K | 711.0K | |
Total Current Assets | 1.6M | 1.4M | 11.2M | 4.2M | 4.0M | 3.7M | |
Common Stock | 21.0K | 5.8K | 21.7K | 25.0K | 26.2K | 21.3K | |
Property Plant Equipment | 35.3M | 36.1M | 38.0M | 55.4M | 63.7M | 33.2M | |
Total Assets | 40.2M | 40.7M | 53.4M | 64.2M | 108.7M | 59.1M | |
Short Long Term Debt Total | 28.3M | 29.5M | 29.0M | 43.1M | 68.7M | 38.2M | |
Other Current Liab | 3.6K | 258.4K | 348.4K | (4.4M) | 3.5M | 3.7M | |
Total Stockholder Equity | 2.4M | 1.4M | 13.7M | 10.7M | 15.3M | 8.5M | |
Net Debt | 27.3M | 28.5M | 18.4M | 39.4M | 65.6M | 34.5M | |
Cash | 974.4K | 937.6K | 10.6M | 3.7M | 3.1M | 3.7M | |
Non Current Assets Total | 38.6M | 39.3M | 42.2M | 60.0M | 103.9M | 54.7M | |
Non Currrent Assets Other | 656.1K | 740.7K | 38.2M | (16.3M) | 89.8M | 94.3M | |
Long Term Debt | 28.3M | 29.5M | 29.0M | 36.7M | 62.3M | 35.8M | |
Cash And Short Term Investments | 974.4K | 937.6K | 10.6M | 3.7M | 3.1M | 3.7M | |
Net Receivables | 73.8K | 75.8K | 88.7K | 96.1K | 241.2K | 253.2K | |
Common Stock Shares Outstanding | 492.6K | 2.0M | 2.2M | 2.3M | 2.5M | 1.8M | |
Liabilities And Stockholders Equity | 40.2M | 40.7M | 53.4M | 64.2M | 108.7M | 59.1M | |
Non Current Liabilities Total | 28.8M | 29.9M | 29.5M | 46.3M | 66.3M | 38.6M | |
Capital Lease Obligations | 525.1K | 415.6K | 577.4K | 6.4M | 6.4M | 6.7M | |
Other Current Assets | (1.5M) | 394.8K | 560.9K | 351.4K | 667.8K | 701.2K | |
Other Stockholder Equity | (3.5M) | 5.5M | 19.1M | 19.3M | 18.5M | 11.5M | |
Total Liab | 29.5M | 30.6M | 30.1M | 47.3M | 74.2M | 40.7M | |
Net Invested Capital | 30.7M | 30.8M | 42.6M | 47.4M | 66.0M | 42.2M | |
Capital Stock | 21.0K | 5.8K | 21.7K | 25.0K | 11.7M | 12.2M | |
Non Current Liabilities Other | 525.1K | 415.6K | 577.4K | 640.0K | 1.0M | 600.8K | |
Net Working Capital | 949.1K | 842.7K | 10.9M | 3.2M | 142.4K | 135.3K | |
Short Term Debt | 525.1K | 5.0M | 577.4K | 11.2M | 12.4M | 13.0M | |
Intangible Assets | 2.6M | 2.4M | 3.3M | 4.7M | 8.0M | 4.0M |
Pair Trading with Generationome Properties
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Generationome Properties position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Generationome Properties will appreciate offsetting losses from the drop in the long position's value.Moving against Generationome Stock
0.74 | UE | Urban Edge Properties | PairCorr |
0.53 | FRPH | Frp Holdings Ord | PairCorr |
0.33 | DOUG | Douglas Elliman | PairCorr |
The ability to find closely correlated positions to Generationome Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Generationome Properties when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Generationome Properties - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Generationome Properties to buy it.
The correlation of Generationome Properties is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Generationome Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Generationome Properties moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Generationome Properties can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Generationome Stock Analysis
When running Generationome Properties' price analysis, check to measure Generationome Properties' 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 Generationome Properties is operating at the current time. Most of Generationome Properties' value examination focuses on studying past and present price action to predict the probability of Generationome Properties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Generationome Properties' price. Additionally, you may evaluate how the addition of Generationome Properties to your portfolios can decrease your overall portfolio volatility.