Gorilla Interest Expense vs Ebitda Analysis
GRRRW Stock | USD 0.06 0 3.62% |
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 Interest Expense and its Ebitda 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.
Interest Expense vs Ebitda
Interest Expense vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gorilla Technology Interest Expense account and Ebitda. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Gorilla Technology's Interest Expense and Ebitda is -0.43. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Ebitda 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 Interest Expense and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Gorilla Technology Group are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Interest Expense i.e., Gorilla Technology's Interest Expense and Ebitda go up and down completely randomly.
Correlation Coefficient | -0.43 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Ebitda
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.