GPT Short Term Investments vs Property Plant And Equipment Net 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 Short Term Investments and its Property Plant And Equipment Net 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.

Short Term Investments vs Property Plant And Equipment Net

Short Term Investments vs Property Plant And Equipment Net Correlation Analysis

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

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Investments

Short Term Investments is an item under the current assets section of GPT Healthcare balance sheet. It contains any investments GPT Healthcare undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that GPT Healthcare can easily liquidate in the marketplace.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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.