GQG Inventory vs Non Current Liabilities Total Analysis

GQG Stock

2.24 0.05 2.18%

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

Inventory vs Non Current Liabilities Total

Inventory vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GQG Partners DRC Inventory account and Non Current Liabilities Total. At this time, the significance of the direction appears to have no relationship.

The correlation between GQG Partners' Inventory and Non Current Liabilities Total is 0.06. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of GQG Partners DRC, assuming nothing else is changed. The correlation between historical values of GQG Partners' Inventory and Non Current Liabilities 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 Inventory of GQG Partners DRC are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Inventory i.e., GQG Partners' Inventory and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.06

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Inventory

Non Current Liabilities Total

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

Selling General Administrative is likely to drop to about 55.5 M in 2024. Tax Provision is likely to drop to about 60.1 M in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	334.9M	351.0M	424.6M	264.6M
Total Revenue	387.7M	422.7M	501.2M	315.2M

Gross Profit Total Revenue

GQG Partners fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Cash	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Property Plant Equipment	Other Current Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Inventory	Common Stock	Short Long Term Debt Total	Long Term Debt	Non Current Liabilities Total	Capital Surpluse
Total Assets		0.17	1.0	0.84	0.89	0.71	0.89	0.96	0.04	0.56	0.87	0.95	0.81	-0.97	0.99	0.77	-0.69	-0.03	0.59	0.49	-0.51	0.98	0.75	0.75	0.41	0.63
Total Current Liabilities	0.17		0.2	0.65	0.3	-0.32	0.3	0.43	-0.8	-0.11	-0.02	0.4	0.3	-0.14	0.16	0.39	-0.19	0.4	0.48	0.51	0.29	0.12	0.42	0.42	-0.19	0.5
Total Stockholder Equity	1.0	0.2		0.86	0.87	0.69	0.87	0.96	0.04	0.55	0.83	0.94	0.84	-0.97	0.99	0.8	-0.65	0.03	0.61	0.51	-0.44	0.98	0.8	0.8	0.44	0.66
Retained Earnings	0.84	0.65	0.86		0.8	0.34	0.8	0.95	-0.33	0.36	0.57	0.92	0.81	-0.8	0.84	0.82	-0.55	0.26	0.72	0.66	-0.12	0.8	0.86	0.86	0.27	0.79
Cash	0.89	0.3	0.87	0.8		0.44	1.0	0.87	0.0	0.25	0.87	0.96	0.67	-0.83	0.87	0.7	-0.88	-0.14	0.67	0.62	-0.57	0.85	0.7	0.7	-0.04	0.73
Other Assets	0.71	-0.32	0.69	0.34	0.44		0.44	0.6	0.09	0.89	0.75	0.53	0.34	-0.66	0.65	0.21	-0.26	-0.42	-0.08	-0.21	-0.69	0.69	0.17	0.17	0.68	-0.07
Cash And Short Term Investments	0.89	0.3	0.87	0.8	1.0	0.44		0.87	0.0	0.25	0.87	0.96	0.67	-0.83	0.87	0.7	-0.88	-0.14	0.67	0.62	-0.57	0.85	0.7	0.7	-0.04	0.73
Net Receivables	0.96	0.43	0.96	0.95	0.87	0.6	0.87		-0.22	0.55	0.78	0.97	0.81	-0.92	0.94	0.79	-0.64	0.08	0.63	0.54	-0.38	0.93	0.78	0.78	0.38	0.67
Common Stock Shares Outstanding	0.04	-0.8	0.04	-0.33	0.0	0.09	0.0	-0.22		-0.18	0.05	-0.15	0.11	-0.11	0.12	0.08	-0.07	-0.03	0.05	0.04	-0.06	0.11	0.09	0.09	0.06	0.07
Other Current Assets	0.56	-0.11	0.55	0.36	0.25	0.89	0.25	0.55	-0.18		0.52	0.41	0.23	-0.48	0.48	0.09	0.0	-0.33	-0.22	-0.34	-0.47	0.51	0.08	0.08	0.76	-0.2
Total Liab	0.87	-0.02	0.83	0.57	0.87	0.75	0.87	0.78	0.05	0.52		0.85	0.51	-0.82	0.81	0.49	-0.82	-0.38	0.38	0.29	-0.85	0.84	0.4	0.4	0.13	0.37
Total Current Assets	0.95	0.4	0.94	0.92	0.96	0.53	0.96	0.97	-0.15	0.41	0.85		0.76	-0.9	0.93	0.77	-0.78	-0.02	0.68	0.6	-0.48	0.91	0.76	0.76	0.17	0.72
Property Plant Equipment	0.81	0.3	0.84	0.81	0.67	0.34	0.67	0.81	0.11	0.23	0.51	0.76		-0.9	0.88	0.98	-0.54	0.55	0.86	0.78	0.0	0.88	0.94	0.94	0.39	0.84
Other Current Liab	-0.97	-0.14	-0.97	-0.8	-0.83	-0.66	-0.83	-0.92	-0.11	-0.48	-0.82	-0.9	-0.9		-0.98	-0.86	0.7	-0.16	-0.7	-0.59	0.42	-1.0	-0.8	-0.8	-0.41	-0.68
Net Tangible Assets	0.99	0.16	0.99	0.84	0.87	0.65	0.87	0.94	0.12	0.48	0.81	0.93	0.88	-0.98		0.84	-0.67	0.09	0.67	0.57	-0.41	0.99	0.83	0.83	0.42	0.71
Property Plant And Equipment Net	0.77	0.39	0.8	0.82	0.7	0.21	0.7	0.79	0.08	0.09	0.49	0.77	0.98	-0.86	0.84		-0.62	0.58	0.94	0.88	0.02	0.84	0.95	0.95	0.23	0.91
Net Debt	-0.69	-0.19	-0.65	-0.55	-0.88	-0.26	-0.88	-0.64	-0.07	0.0	-0.82	-0.78	-0.54	0.7	-0.67	-0.62		0.08	-0.69	-0.68	0.63	-0.7	-0.49	-0.49	0.34	-0.64
Accounts Payable	-0.03	0.4	0.03	0.26	-0.14	-0.42	-0.14	0.08	-0.03	-0.33	-0.38	-0.02	0.55	-0.16	0.09	0.58	0.08		0.61	0.62	0.75	0.1	0.52	0.52	0.12	0.53
Non Current Assets Total	0.59	0.48	0.61	0.72	0.67	-0.08	0.67	0.63	0.05	-0.22	0.38	0.68	0.86	-0.7	0.67	0.94	-0.69	0.61		0.99	0.09	0.66	0.88	0.88	-0.11	0.97
Non Currrent Assets Other	0.49	0.51	0.51	0.66	0.62	-0.21	0.62	0.54	0.04	-0.34	0.29	0.6	0.78	-0.59	0.57	0.88	-0.68	0.62	0.99		0.14	0.55	0.82	0.82	-0.24	0.95
Inventory	-0.51	0.29	-0.44	-0.12	-0.57	-0.69	-0.57	-0.38	-0.06	-0.47	-0.85	-0.48	0.0	0.42	-0.41	0.02	0.63	0.75	0.09	0.14		-0.45	0.13	0.13	0.06	0.11
Common Stock	0.98	0.12	0.98	0.8	0.85	0.69	0.85	0.93	0.11	0.51	0.84	0.91	0.88	-1.0	0.99	0.84	-0.7	0.1	0.66	0.55	-0.45		0.78	0.78	0.42	0.66
Short Long Term Debt Total	0.75	0.42	0.8	0.86	0.7	0.17	0.7	0.78	0.09	0.08	0.4	0.76	0.94	-0.8	0.83	0.95	-0.49	0.52	0.88	0.82	0.13	0.78		1.0	0.28	0.93
Long Term Debt	0.75	0.42	0.8	0.86	0.7	0.17	0.7	0.78	0.09	0.08	0.4	0.76	0.94	-0.8	0.83	0.95	-0.49	0.52	0.88	0.82	0.13	0.78	1.0		0.28	0.93
Non Current Liabilities Total	0.41	-0.19	0.44	0.27	-0.04	0.68	-0.04	0.38	0.06	0.76	0.13	0.17	0.39	-0.41	0.42	0.23	0.34	0.12	-0.11	-0.24	0.06	0.42	0.28	0.28		-0.08
Capital Surpluse	0.63	0.5	0.66	0.79	0.73	-0.07	0.73	0.67	0.07	-0.2	0.37	0.72	0.84	-0.68	0.71	0.91	-0.64	0.53	0.97	0.95	0.11	0.66	0.93	0.93	-0.08

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GQG Partners Account Relationship Matchups

GQG Partners fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	37.5M	74.1M	375.9M	342.0M	389.5M	228.3M
Total Current Liabilities	7.3M	11.7M	5.9M	6.6M	9.8M	8.8M
Total Stockholder Equity	30.2M	62.4M	290.8M	312.1M	349.5M	195.1M
Retained Earnings	30.2M	62.4M	46.4M	63.9M	98.4M	58.8M
Cash	12.6M	17.8M	56.8M	19.5M	64.9M	33.2M
Other Assets	385K	443K	238.2M	234.4M	5.4M	5.2M
Cash And Short Term Investments	12.6M	17.8M	56.8M	19.5M	64.9M	33.2M
Net Receivables	23.4M	50.4M	69.2M	72.5M	85.9M	58.0M
Liabilities And Stockholders Equity	37.5M	74.1M	375.9M	342.0M	389.5M	228.3M
Total Liab	7.3M	11.7M	85.1M	29.9M	40.0M	33.1M
Total Current Assets	36.0M	69.5M	126M	85.0M	150.8M	90.2M
Property Plant Equipment	741.4K	546K	3.2M	10.7M	12.3M	12.9M

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