GPTHEALTH | | | 177.05 4.07 2.35% |
GPT Healthcare financial indicator trend analysis is much more than just examining GPT Healthcare latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GPT Healthcare is a good investment. Please check the relationship between GPT Healthcare Net Debt and its Non Current Assets Total accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GPT Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Net Debt vs Non Current Assets Total
Net Debt vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GPT Healthcare Net Debt account and
Non Current Assets Total. At this time, the significance of the direction appears to have pay attention.
The correlation between GPT Healthcare's Net Debt and Non Current Assets Total is -0.81. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of GPT Healthcare, assuming nothing else is changed. The correlation between historical values of GPT Healthcare's Net Debt and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of GPT Healthcare are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Debt i.e., GPT Healthcare's Net Debt and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.81 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from GPT Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GPT Healthcare 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 GPT Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
The value of
Selling General Administrative is expected to slide to about 39
MGPT Healthcare fundamental ratios Correlations
Click cells to compare fundamentals
GPT Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GPT Healthcare fundamental ratios Accounts
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Other Information on Investing in GPT Stock
Balance Sheet is a snapshot of the
financial position of GPT Healthcare at a specified time, usually calculated after every quarter, six months, or one year. GPT Healthcare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of GPT Healthcare 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 GPT currently owns. An asset can also be divided into two categories, current and non-current.