Gorilla Intangible Assets vs Net Receivables Analysis
GRRRW Stock | USD 0.05 0 3.94% |
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 Intangible Assets and its Net Receivables 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.
Intangible Assets vs Net Receivables
Intangible Assets vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gorilla Technology Intangible Assets account and Net Receivables. At this time, the significance of the direction appears to have pay attention.
The correlation between Gorilla Technology's Intangible Assets and Net Receivables is -0.87. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Receivables 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 Intangible Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Gorilla Technology Group are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Intangible Assets i.e., Gorilla Technology's Intangible Assets and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.87 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Net Receivables
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 |
Gorilla Technology fundamental ratios Correlations
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Gorilla Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.