GPT Operating Income vs Cost Of Revenue Analysis

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 Operating Income and its Cost Of Revenue 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.

Operating Income vs Cost Of Revenue

Operating Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GPT Healthcare Operating Income account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between GPT Healthcare's Operating Income and Cost Of Revenue is 0.78. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Cost Of Revenue 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 Operating Income and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of GPT Healthcare are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Operating Income i.e., GPT Healthcare's Operating Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Operating Income

Operating Income is the amount of profit realized from GPT Healthcare operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of GPT Healthcare is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Cost Of Revenue

Cost of Revenue is found on GPT Healthcare income statement and represents the costs associated with goods and services GPT Healthcare provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 M
 2021 2022 2023 2024 (projected)
Gross Profit2.9B2.4B2.7B2.4B
Total Revenue3.6B4.0B4.6B3.4B

GPT Healthcare fundamental ratios Correlations

-0.90.740.890.950.88-0.910.870.720.220.910.050.850.90.92-0.90.82-0.60.57-0.950.8-0.610.890.810.870.93
-0.9-0.87-0.89-0.92-0.771.0-0.97-0.72-0.16-0.83-0.17-0.85-0.88-0.760.96-0.830.72-0.490.99-0.710.61-0.98-0.83-0.9-0.94
0.74-0.870.820.720.82-0.840.910.86-0.210.840.490.580.810.64-0.790.86-0.910.53-0.810.35-0.640.920.560.780.83
0.89-0.890.820.90.79-0.890.830.760.310.820.370.90.910.76-0.940.98-0.770.34-0.90.69-0.390.850.890.980.91
0.95-0.920.720.90.74-0.920.840.730.280.850.090.930.930.75-0.970.82-0.660.57-0.970.77-0.610.870.890.910.98
0.88-0.770.820.790.74-0.740.840.84-0.140.960.330.550.770.89-0.70.81-0.710.6-0.780.48-0.660.830.530.70.78
-0.911.0-0.84-0.89-0.92-0.74-0.95-0.68-0.23-0.81-0.14-0.88-0.88-0.770.96-0.830.69-0.450.99-0.750.56-0.96-0.86-0.91-0.93
0.87-0.970.910.830.840.84-0.950.8-0.040.890.290.720.80.77-0.880.81-0.780.55-0.940.56-0.70.970.710.80.88
0.72-0.720.860.760.730.84-0.680.8-0.340.920.620.50.770.56-0.730.81-0.940.72-0.730.19-0.770.760.50.660.8
0.22-0.16-0.210.310.28-0.14-0.23-0.04-0.34-0.15-0.360.590.150.22-0.290.190.3-0.52-0.220.710.540.010.610.40.12
0.91-0.830.840.820.850.96-0.810.890.92-0.150.340.640.850.81-0.810.82-0.790.74-0.860.48-0.790.870.620.750.88
0.05-0.170.490.370.090.33-0.140.290.62-0.360.340.020.15-0.02-0.20.52-0.730.04-0.12-0.39-0.140.180.120.230.17
0.85-0.850.580.90.930.55-0.880.720.50.590.640.020.850.67-0.940.8-0.50.24-0.890.88-0.280.750.980.950.87
0.9-0.880.810.910.930.77-0.880.80.770.150.850.150.850.72-0.920.87-0.740.61-0.90.68-0.60.880.770.930.97
0.92-0.760.640.760.750.89-0.770.770.560.220.81-0.020.670.72-0.70.71-0.410.38-0.80.76-0.440.780.640.720.72
-0.90.96-0.79-0.94-0.97-0.70.96-0.88-0.73-0.29-0.81-0.2-0.94-0.92-0.7-0.880.73-0.470.97-0.740.54-0.9-0.92-0.96-0.97
0.82-0.830.860.980.820.81-0.830.810.810.190.820.520.80.870.71-0.88-0.840.31-0.830.56-0.370.820.810.940.85
-0.60.72-0.91-0.77-0.66-0.710.69-0.78-0.940.3-0.79-0.73-0.5-0.74-0.410.73-0.84-0.550.69-0.120.63-0.75-0.51-0.7-0.77
0.57-0.490.530.340.570.6-0.450.550.72-0.520.740.040.240.610.38-0.470.31-0.55-0.530.13-0.960.580.150.30.65
-0.950.99-0.81-0.9-0.97-0.780.99-0.94-0.73-0.22-0.86-0.12-0.89-0.9-0.80.97-0.830.69-0.53-0.760.62-0.95-0.87-0.91-0.96
0.8-0.710.350.690.770.48-0.750.560.190.710.48-0.390.880.680.76-0.740.56-0.120.13-0.76-0.140.640.830.770.68
-0.610.61-0.64-0.39-0.61-0.660.56-0.7-0.770.54-0.79-0.14-0.28-0.6-0.440.54-0.370.63-0.960.62-0.14-0.68-0.22-0.35-0.69
0.89-0.980.920.850.870.83-0.960.970.760.010.870.180.750.880.78-0.90.82-0.750.58-0.950.64-0.680.710.850.92
0.81-0.830.560.890.890.53-0.860.710.50.610.620.120.980.770.64-0.920.81-0.510.15-0.870.83-0.220.710.920.81
0.87-0.90.780.980.910.7-0.910.80.660.40.750.230.950.930.72-0.960.94-0.70.3-0.910.77-0.350.850.920.92
0.93-0.940.830.910.980.78-0.930.880.80.120.880.170.870.970.72-0.970.85-0.770.65-0.960.68-0.690.920.810.92
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GPT Healthcare Account Relationship Matchups

GPT Healthcare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2B3.2B3.3B3.5B4.0B3.6B
Short Long Term Debt Total1.3B1.0B823.6M305.4M274.9M261.1M
Other Current Liab470K420K223.1M282.5M324.9M341.1M
Total Current Liabilities600.0M684.8M818.4M772.1M887.9M774.9M
Total Stockholder Equity1.3B1.6B1.7B2.2B2.5B1.8B
Property Plant And Equipment Net2.2B2.2B2.3B2.3B2.6B2.5B
Net Debt1.2B932.9M757.6M288.5M259.7M246.7M
Retained Earnings123.2M366.0M437.8M859.2M988.1M1.0B
Accounts Payable258.9M289.3M333.9M373.9M430.0M348.9M
Cash47.8M82.7M66.0M16.9M19.5M18.5M
Non Current Assets Total2.3B2.4B2.5B2.7B3.1B2.7B
Non Currrent Assets Other37.7M133.1M201.3M157.4M181.0M154.2M
Cash And Short Term Investments47.8M136.6M168.8M190.3M218.9M120.3M
Net Receivables205.4M169.7M259.5M287.4M330.5M244.3M
Liabilities And Stockholders Equity3.2B3.2B3.3B3.5B4.0B3.6B
Non Current Liabilities Total1.2B965.7M795.5M498.2M448.4M745.9M
Inventory64.3M72.9M89.2M81.5M93.8M83.7M
Other Current Assets539.5M470.5M286.4M234.1M210.6M302.7M
Total Liab1.8B1.7B1.6B1.3B1.1B1.3B
Total Current Assets863.3M856.9M812.7M801.6M921.8M871.4M
Short Term Debt212.6M241.3M261.4M115.7M104.1M163.1M
Intangible Assets810K460K3.9M8.5M9.7M10.2M

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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.