Gorilla Free Cash Flow Per Share vs Payables Turnover Analysis

GRRRW Stock

USD 0.05 0 5.18%

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

Free Cash Flow Per Share vs Payables Turnover

Free Cash Flow Per Share vs Payables Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gorilla Technology Free Cash Flow Per Share account and Payables Turnover. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Gorilla Technology's Free Cash Flow Per Share and Payables Turnover is 0.82. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Payables Turnover in the same time period over historical financial statements of Gorilla Technology Group, assuming nothing else is changed. The correlation between historical values of Gorilla Technology's Free Cash Flow Per Share and Payables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Gorilla Technology Group are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Free Cash Flow Per Share i.e., Gorilla Technology's Free Cash Flow Per Share and Payables Turnover go up and down completely randomly.

Correlation Coefficient

0.82

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

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

At this time, Gorilla Technology's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 17.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 15.5 M in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	8.7M	7.6M	1.2M	1.2M
Interest Income	37.9K	235.9K	770.4K	808.9K

Depreciation And Amortization Interest Income

Gorilla Technology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Long Term Investments
Total Assets		0.76	0.32	0.58	0.52	0.06	0.03	0.79	0.11	0.28	-0.71	0.62	0.05	-0.27	0.07	0.73	0.22	0.51	-0.27	0.36	-0.14	0.5	-0.04	0.6	0.63	0.58
Short Long Term Debt Total	0.76		0.4	0.59	0.16	0.16	-0.31	0.9	0.06	0.42	-0.79	0.44	0.0	0.03	-0.17	0.64	0.06	0.47	0.02	0.76	-0.09	0.39	-0.12	0.65	0.3	0.46
Other Current Liab	0.32	0.4		0.87	-0.62	-0.83	-0.88	0.51	-0.88	0.87	-0.77	-0.52	0.86	-0.79	0.74	-0.26	0.85	0.96	-0.8	-0.1	-0.9	0.94	0.81	0.87	-0.47	0.92
Total Current Liabilities	0.58	0.59	0.87		-0.29	-0.65	-0.75	0.79	-0.66	0.91	-0.84	-0.13	0.78	-0.62	0.63	0.18	0.83	0.87	-0.63	0.15	-0.73	0.82	0.7	0.99	-0.04	0.84
Total Stockholder Equity	0.52	0.16	-0.62	-0.29		0.7	0.82	0.12	0.82	-0.57	0.17	0.94	-0.66	0.37	-0.48	0.76	-0.49	-0.44	0.38	0.28	0.66	-0.39	-0.66	-0.3	0.95	-0.33
Property Plant And Equipment Net	0.06	0.16	-0.83	-0.65	0.7		0.76	-0.06	0.98	-0.72	0.35	0.76	-0.97	0.87	-0.95	0.59	-0.94	-0.75	0.88	0.53	0.89	-0.77	-0.98	-0.6	0.59	-0.71
Current Deferred Revenue	0.03	-0.31	-0.88	-0.75	0.82	0.76		-0.41	0.87	-0.88	0.57	0.65	-0.84	0.51	-0.6	0.36	-0.74	-0.73	0.52	-0.05	0.76	-0.67	-0.78	-0.76	0.64	-0.63
Net Debt	0.79	0.9	0.51	0.79	0.12	-0.06	-0.41		-0.12	0.66	-0.89	0.38	0.24	-0.11	0.03	0.67	0.33	0.59	-0.12	0.57	-0.33	0.5	0.13	0.83	0.32	0.56
Retained Earnings	0.11	0.06	-0.88	-0.66	0.82	0.98	0.87	-0.12		-0.78	0.42	0.82	-0.96	0.8	-0.87	0.61	-0.89	-0.77	0.81	0.42	0.91	-0.77	-0.96	-0.63	0.7	-0.71
Accounts Payable	0.28	0.42	0.87	0.91	-0.57	-0.72	-0.88	0.66	-0.78		-0.78	-0.4	0.83	-0.53	0.58	-0.03	0.81	0.82	-0.54	0.01	-0.85	0.74	0.76	0.92	-0.35	0.74
Cash	-0.71	-0.79	-0.77	-0.84	0.17	0.35	0.57	-0.89	0.42	-0.78		-0.03	-0.44	0.42	-0.26	-0.35	-0.5	-0.85	0.43	-0.25	0.65	-0.78	-0.35	-0.88	0.02	-0.83
Non Current Assets Total	0.62	0.44	-0.52	-0.13	0.94	0.76	0.65	0.38	0.82	-0.4	-0.03		-0.65	0.49	-0.59	0.92	-0.5	-0.36	0.5	0.56	0.64	-0.36	-0.7	-0.11	0.95	-0.28
Non Currrent Assets Other	0.05	0.0	0.86	0.78	-0.66	-0.97	-0.84	0.24	-0.96	0.83	-0.44	-0.65		-0.81	0.92	-0.42	0.98	0.77	-0.82	-0.34	-0.87	0.77	0.99	0.74	-0.48	0.72
Long Term Debt	-0.27	0.03	-0.79	-0.62	0.37	0.87	0.51	-0.11	0.8	-0.53	0.42	0.49	-0.81		-0.93	0.41	-0.86	-0.82	1.0	0.53	0.8	-0.89	-0.82	-0.56	0.31	-0.85
Cash And Short Term Investments	0.07	-0.17	0.74	0.63	-0.48	-0.95	-0.6	0.03	-0.87	0.58	-0.26	-0.59	0.92	-0.93		-0.49	0.94	0.69	-0.93	-0.51	-0.76	0.76	0.94	0.55	-0.36	0.7
Net Receivables	0.73	0.64	-0.26	0.18	0.76	0.59	0.36	0.67	0.61	-0.03	-0.35	0.92	-0.42	0.41	-0.49		-0.28	-0.11	0.41	0.63	0.37	-0.16	-0.5	0.21	0.86	-0.07
Common Stock Shares Outstanding	0.22	0.06	0.85	0.83	-0.49	-0.94	-0.74	0.33	-0.89	0.81	-0.5	-0.5	0.98	-0.86	0.94	-0.28		0.8	-0.86	-0.34	-0.85	0.81	0.97	0.78	-0.3	0.78
Short Term Investments	0.51	0.47	0.96	0.87	-0.44	-0.75	-0.73	0.59	-0.77	0.82	-0.85	-0.36	0.77	-0.82	0.69	-0.11	0.8		-0.82	-0.13	-0.88	0.99	0.71	0.87	-0.31	0.99
Non Current Liabilities Total	-0.27	0.02	-0.8	-0.63	0.38	0.88	0.52	-0.12	0.81	-0.54	0.43	0.5	-0.82	1.0	-0.93	0.41	-0.86	-0.82		0.52	0.8	-0.89	-0.83	-0.57	0.31	-0.86
Capital Lease Obligations	0.36	0.76	-0.1	0.15	0.28	0.53	-0.05	0.57	0.42	0.01	-0.25	0.56	-0.34	0.53	-0.51	0.63	-0.34	-0.13	0.52		0.46	-0.21	-0.44	0.22	0.41	-0.16
Inventory	-0.14	-0.09	-0.9	-0.73	0.66	0.89	0.76	-0.33	0.91	-0.85	0.65	0.64	-0.87	0.8	-0.76	0.37	-0.85	-0.88	0.8	0.46		-0.87	-0.85	-0.72	0.56	-0.84
Other Current Assets	0.5	0.39	0.94	0.82	-0.39	-0.77	-0.67	0.5	-0.77	0.74	-0.78	-0.36	0.77	-0.89	0.76	-0.16	0.81	0.99	-0.89	-0.21	-0.87		0.73	0.81	-0.28	1.0
Other Stockholder Equity	-0.04	-0.12	0.81	0.7	-0.66	-0.98	-0.78	0.13	-0.96	0.76	-0.35	-0.7	0.99	-0.82	0.94	-0.5	0.97	0.71	-0.83	-0.44	-0.85	0.73		0.65	-0.5	0.67
Total Liab	0.6	0.65	0.87	0.99	-0.3	-0.6	-0.76	0.83	-0.63	0.92	-0.88	-0.11	0.74	-0.56	0.55	0.21	0.78	0.87	-0.57	0.22	-0.72	0.81	0.65		-0.05	0.83
Net Invested Capital	0.63	0.3	-0.47	-0.04	0.95	0.59	0.64	0.32	0.7	-0.35	0.02	0.95	-0.48	0.31	-0.36	0.86	-0.3	-0.31	0.31	0.41	0.56	-0.28	-0.5	-0.05		-0.22
Long Term Investments	0.58	0.46	0.92	0.84	-0.33	-0.71	-0.63	0.56	-0.71	0.74	-0.83	-0.28	0.72	-0.85	0.7	-0.07	0.78	0.99	-0.86	-0.16	-0.84	1.0	0.67	0.83	-0.22

Click cells to compare fundamentals

Gorilla Technology Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Additional Tools for Gorilla Stock Analysis

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

Gorilla Free Cash Flow Per Share vs Payables Turnover Analysis

Free Cash Flow Per Share vs Payables Turnover

Free Cash Flow Per Share vs Payables Turnover Correlation Analysis

Correlation Coefficient

Free Cash Flow Per Share

Payables Turnover

Gorilla Technology fundamental ratios Correlations

Gorilla Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Additional Tools for Gorilla Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Long Term Debt
Long Term Investments	+ 1.0	Other Current Assets
Total Liab	+ 0.99	Total Current Liabilities
Other Stockholder Equity	+ 0.99	Non Currrent Assets Other
Other Current Assets	+ 0.99	Short Term Investments
Long Term Investments	+ 0.99	Short Term Investments

Other Stockholder Equity	- 0.98	Property Plant And Equipment Net
Non Currrent Assets Other	- 0.97	Property Plant And Equipment Net
Other Stockholder Equity	- 0.96	Retained Earnings
Non Currrent Assets Other	- 0.96	Retained Earnings
Cash And Short Term Investments	- 0.95	Property Plant And Equipment Net
Common Stock Shares Outstanding	- 0.94	Property Plant And Equipment Net