GMS Total Assets vs Total Liab Analysis

GMS Stock

USD 99.10 0.80 0.81%

GMS financial indicator trend analysis is much more than just examining GMS Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GMS Inc is a good investment. Please check the relationship between GMS Total Assets and its Total Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GMS Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Total Assets vs Total Liab

Total Assets vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GMS Inc Total Assets account and Total Liab. At this time, the significance of the direction appears to have totally related.

The correlation between GMS's Total Assets and Total Liab is 0.99. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Liab in the same time period over historical financial statements of GMS Inc, assuming nothing else is changed. The correlation between historical values of GMS's Total Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of GMS Inc are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Assets i.e., GMS's Total Assets and Total Liab go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Assets

Total assets refers to the total amount of GMS assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in GMS Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Most indicators from GMS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GMS Inc 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 GMS Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

At this time, GMS's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.26 in 2024, whereas Selling General Administrative is likely to drop slightly above 792 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	1.5B	1.7B	1.6B	1.0B
Total Revenue	4.6B	5.3B	5.5B	3.3B

Gross Profit Total Revenue

GMS fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity
Common Stock Shares Outstanding		0.56	0.56	0.34	0.57	0.56	-0.06	0.44	0.5	0.49	0.55	0.5	0.57	0.52	0.55	-0.25	-0.03	0.59	0.52	0.57	0.57	0.7	0.53	0.57	0.59	0.7
Total Assets	0.56		0.97	0.64	0.99	0.98	0.17	0.68	0.98	0.65	0.97	0.84	0.99	0.81	0.99	-0.16	-0.03	0.95	0.81	0.99	0.98	0.84	0.97	0.98	0.83	0.44
Short Long Term Debt Total	0.56	0.97		0.48	0.95	0.91	0.09	0.53	0.95	0.68	0.99	0.77	0.94	0.84	0.98	-0.11	0.0	0.99	0.84	0.93	0.97	0.84	1.0	0.93	0.83	0.5
Other Current Liab	0.34	0.64	0.48		0.7	0.71	0.6	0.73	0.6	0.4	0.5	0.64	0.7	0.29	0.57	-0.51	-0.13	0.47	0.29	0.74	0.58	0.46	0.47	0.74	0.58	0.18
Total Current Liabilities	0.57	0.99	0.95	0.7		0.97	0.24	0.67	0.97	0.7	0.94	0.81	1.0	0.81	0.97	-0.24	0.01	0.94	0.81	0.99	0.96	0.82	0.94	0.98	0.84	0.47
Total Stockholder Equity	0.56	0.98	0.91	0.71	0.97		0.19	0.77	0.96	0.58	0.9	0.85	0.97	0.75	0.96	-0.2	-0.09	0.87	0.75	0.99	0.96	0.84	0.9	0.98	0.79	0.4
Other Liab	-0.06	0.17	0.09	0.6	0.24	0.19		0.14	0.14	0.13	0.12	0.11	0.2	-0.08	0.12	-0.75	-0.26	0.07	-0.08	0.26	0.15	-0.01	0.07	0.23	0.03	-0.13
Net Tangible Assets	0.44	0.68	0.53	0.73	0.67	0.77	0.14		0.69	0.15	0.51	0.9	0.69	0.5	0.64	-0.18	-0.3	0.47	0.5	0.72	0.63	0.61	0.53	0.72	0.65	0.16
Property Plant And Equipment Net	0.5	0.98	0.95	0.6	0.97	0.96	0.14	0.69		0.6	0.93	0.83	0.97	0.86	0.98	-0.06	0.02	0.9	0.86	0.95	0.94	0.78	0.95	0.95	0.79	0.33
Current Deferred Revenue	0.49	0.65	0.68	0.4	0.7	0.58	0.13	0.15	0.6		0.67	0.3	0.68	0.6	0.62	-0.08	0.57	0.75	0.6	0.66	0.6	0.46	0.66	0.69	0.44	0.6
Net Debt	0.55	0.97	0.99	0.5	0.94	0.9	0.12	0.51	0.93	0.67		0.77	0.93	0.77	0.98	-0.13	-0.04	0.99	0.77	0.93	0.98	0.83	0.99	0.93	0.83	0.48
Retained Earnings	0.5	0.84	0.77	0.64	0.81	0.85	0.11	0.9	0.83	0.3	0.77		0.81	0.62	0.83	-0.11	-0.3	0.73	0.62	0.84	0.82	0.71	0.78	0.83	0.82	0.24
Accounts Payable	0.57	0.99	0.94	0.7	1.0	0.97	0.2	0.69	0.97	0.68	0.93	0.81		0.82	0.97	-0.2	0.03	0.92	0.82	0.98	0.95	0.82	0.93	0.98	0.85	0.46
Cash	0.52	0.81	0.84	0.29	0.81	0.75	-0.08	0.5	0.86	0.6	0.77	0.62	0.82		0.81	0.02	0.17	0.79	1.0	0.73	0.75	0.72	0.83	0.75	0.66	0.49
Non Current Assets Total	0.55	0.99	0.98	0.57	0.97	0.96	0.12	0.64	0.98	0.62	0.98	0.83	0.97	0.81		-0.11	-0.04	0.96	0.81	0.97	0.99	0.84	0.98	0.96	0.83	0.42
Non Currrent Assets Other	-0.25	-0.16	-0.11	-0.51	-0.24	-0.2	-0.75	-0.18	-0.06	-0.08	-0.13	-0.11	-0.2	0.02	-0.11		0.54	-0.1	0.02	-0.25	-0.2	-0.32	-0.04	-0.21	-0.23	-0.36
Other Assets	-0.03	-0.03	0.0	-0.13	0.01	-0.09	-0.26	-0.3	0.02	0.57	-0.04	-0.3	0.03	0.17	-0.04	0.54		0.06	0.17	-0.05	-0.14	-0.29	0.02	0.0	-0.23	0.01
Long Term Debt	0.59	0.95	0.99	0.47	0.94	0.87	0.07	0.47	0.9	0.75	0.99	0.73	0.92	0.79	0.96	-0.1	0.06		0.79	0.91	0.95	0.82	0.98	0.91	0.83	0.56
Cash And Short Term Investments	0.52	0.81	0.84	0.29	0.81	0.75	-0.08	0.5	0.86	0.6	0.77	0.62	0.82	1.0	0.81	0.02	0.17	0.79		0.73	0.75	0.72	0.83	0.75	0.66	0.49
Net Receivables	0.57	0.99	0.93	0.74	0.99	0.99	0.26	0.72	0.95	0.66	0.93	0.84	0.98	0.73	0.97	-0.25	-0.05	0.91	0.73		0.97	0.83	0.92	0.99	0.82	0.45
Good Will	0.57	0.98	0.97	0.58	0.96	0.96	0.15	0.63	0.94	0.6	0.98	0.82	0.95	0.75	0.99	-0.2	-0.14	0.95	0.75	0.97		0.88	0.96	0.96	0.84	0.48
Common Stock Total Equity	0.7	0.84	0.84	0.46	0.82	0.84	-0.01	0.61	0.78	0.46	0.83	0.71	0.82	0.72	0.84	-0.32	-0.29	0.82	0.72	0.83	0.88		0.8	0.81	0.81	0.73
Non Current Liabilities Total	0.53	0.97	1.0	0.47	0.94	0.9	0.07	0.53	0.95	0.66	0.99	0.78	0.93	0.83	0.98	-0.04	0.02	0.98	0.83	0.92	0.96	0.8		0.92	0.82	0.44
Inventory	0.57	0.98	0.93	0.74	0.98	0.98	0.23	0.72	0.95	0.69	0.93	0.83	0.98	0.75	0.96	-0.21	0.0	0.91	0.75	0.99	0.96	0.81	0.92		0.8	0.44
Other Current Assets	0.59	0.83	0.83	0.58	0.84	0.79	0.03	0.65	0.79	0.44	0.83	0.82	0.85	0.66	0.83	-0.23	-0.23	0.83	0.66	0.82	0.84	0.81	0.82	0.8		0.53
Other Stockholder Equity	0.7	0.44	0.5	0.18	0.47	0.4	-0.13	0.16	0.33	0.6	0.48	0.24	0.46	0.49	0.42	-0.36	0.01	0.56	0.49	0.45	0.48	0.73	0.44	0.44	0.53

Click cells to compare fundamentals

GMS Account Relationship Matchups

GMS fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	42.5M	43.3M	43.9M	42.6M	40.9M	44.2M
Total Assets	2.3B	2.5B	3.1B	3.3B	3.8B	2.3B
Short Long Term Debt Total	1.2B	1.1B	1.3B	1.3B	1.5B	1.1B
Other Current Liab	35.0M	109.1M	173.6M	154.2M	141.0M	111.3M
Total Current Liabilities	427.9M	562.5M	689.2M	706.3M	757.1M	451.6M
Total Stockholder Equity	634.0M	822.5M	1.1B	1.3B	1.5B	788.8M
Other Liab	57.1M	57.8M	67.0M	92.8M	83.5M	62.3M
Net Tangible Assets	(281.0M)	(104.7M)	(86.1M)	174.3M	200.4M	210.4M
Property Plant And Equipment Net	420.7M	429.7M	504.0M	585.8M	723.5M	374.9M
Current Deferred Revenue	102.0M	96.4M	109.1M	182.5M	2.4M	2.2M
Net Debt	1.0B	935.2M	1.2B	1.1B	1.4B	957.9M
Retained Earnings	169.0M	274.5M	548.0M	881.0M	1.2B	1.2B
Accounts Payable	213.2M	323.0M	367.3M	377.0M	420.2M	233.3M
Cash	210.9M	167.0M	101.9M	164.7M	166.1M	97.3M
Non Current Assets Total	1.4B	1.4B	1.7B	1.7B	2.1B	1.3B
Non Currrent Assets Other	13.2M	9.0M	8.8M	11.4M	11.1M	10.9M
Other Assets	22.2M	24.7M	26.7M	31.2M	1.0	0.95
Long Term Debt	954.0M	932.4M	1.1B	1.0B	1.1B	900.0M
Cash And Short Term Investments	210.9M	167.0M	101.9M	164.7M	166.1M	97.3M
Net Receivables	405.3M	558.7M	750.0M	792.2M	850.0M	519.1M
Good Will	553.1M	576.3M	695.9M	700.8M	853.8M	589.8M
Common Stock Total Equity	404K	426K	431K	428K	471.5K	429.1K
Liabilities And Stockholders Equity	2.3B	2.5B	3.1B	3.3B	3.8B	2.3B
Non Current Liabilities Total	1.2B	1.1B	1.4B	1.3B	1.5B	1.1B
Inventory	299.8M	357.1M	551.0M	575.5M	580.8M	354.3M
Other Current Assets	15.0M	39.1M	40.4M	17.1M	42.4M	44.5M
Other Stockholder Equity	529.7M	542.7M	522.1M	428.5M	334.6M	479.7M
Total Liab	1.7B	1.7B	2.0B	2.0B	2.3B	1.6B
Property Plant And Equipment Gross	420.7M	429.7M	731.2M	850.4M	1.0B	1.1B
Short Long Term Debt	50.2M	46.0M	47.6M	54.0M	6.6M	6.2M
Total Current Assets	931.0M	1.1B	1.4B	1.5B	1.6B	993.6M
Accumulated Other Comprehensive Income	(65.1M)	4.8M	(6.0M)	(35.1M)	(31.5M)	(29.9M)
Short Term Debt	83.2M	113.0M	124.4M	149.4M	193.4M	203.1M
Intangible Assets	361.9M	350.9M	454.7M	399.7M	502.7M	362.5M
Common Stock	404K	426K	431K	428K	397K	429.8K
Property Plant Equipment	420.7M	429.7M	504.0M	585.8M	673.6M	707.3M
Long Term Debt Total	1.0B	932.4M	1.1B	1.0B	1.2B	924.6M
Capital Surpluse	529.7M	542.7M	522.1M	428.5M	492.8M	506.6M
Non Current Liabilities Other	78.0M	63.5M	55.2M	48.3M	45.0M	45.3M

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 GMS Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC