Gorilla Interest Income vs Depreciation And Amortization 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 Income and its Depreciation And Amortization 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 Income vs Depreciation And Amortization

Interest Income vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gorilla Technology Interest Income account and Depreciation And Amortization. At this time, the significance of the direction appears to have pay attention.
The correlation between Gorilla Technology's Interest Income and Depreciation And Amortization is -0.99. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Depreciation And Amortization 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 Income and Depreciation And Amortization 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 Income of Gorilla Technology Group are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Interest Income i.e., Gorilla Technology's Interest Income and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.99
Relationship DirectionNegative 
Relationship StrengthSignificant

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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 Amortization8.7M7.6M1.2M1.2M
Interest Income37.9K235.9K770.4K808.9K

Gorilla Technology fundamental ratios Correlations

0.760.320.580.520.060.030.790.110.28-0.710.620.05-0.270.070.730.220.51-0.270.36-0.140.5-0.040.60.630.58
0.760.40.590.160.16-0.310.90.060.42-0.790.440.00.03-0.170.640.060.470.020.76-0.090.39-0.120.650.30.46
0.320.40.87-0.62-0.83-0.880.51-0.880.87-0.77-0.520.86-0.790.74-0.260.850.96-0.8-0.1-0.90.940.810.87-0.470.92
0.580.590.87-0.29-0.65-0.750.79-0.660.91-0.84-0.130.78-0.620.630.180.830.87-0.630.15-0.730.820.70.99-0.040.84
0.520.16-0.62-0.290.70.820.120.82-0.570.170.94-0.660.37-0.480.76-0.49-0.440.380.280.66-0.39-0.66-0.30.95-0.33
0.060.16-0.83-0.650.70.76-0.060.98-0.720.350.76-0.970.87-0.950.59-0.94-0.750.880.530.89-0.77-0.98-0.60.59-0.71
0.03-0.31-0.88-0.750.820.76-0.410.87-0.880.570.65-0.840.51-0.60.36-0.74-0.730.52-0.050.76-0.67-0.78-0.760.64-0.63
0.790.90.510.790.12-0.06-0.41-0.120.66-0.890.380.24-0.110.030.670.330.59-0.120.57-0.330.50.130.830.320.56
0.110.06-0.88-0.660.820.980.87-0.12-0.780.420.82-0.960.8-0.870.61-0.89-0.770.810.420.91-0.77-0.96-0.630.7-0.71
0.280.420.870.91-0.57-0.72-0.880.66-0.78-0.78-0.40.83-0.530.58-0.030.810.82-0.540.01-0.850.740.760.92-0.350.74
-0.71-0.79-0.77-0.840.170.350.57-0.890.42-0.78-0.03-0.440.42-0.26-0.35-0.5-0.850.43-0.250.65-0.78-0.35-0.880.02-0.83
0.620.44-0.52-0.130.940.760.650.380.82-0.4-0.03-0.650.49-0.590.92-0.5-0.360.50.560.64-0.36-0.7-0.110.95-0.28
0.050.00.860.78-0.66-0.97-0.840.24-0.960.83-0.44-0.65-0.810.92-0.420.980.77-0.82-0.34-0.870.770.990.74-0.480.72
-0.270.03-0.79-0.620.370.870.51-0.110.8-0.530.420.49-0.81-0.930.41-0.86-0.821.00.530.8-0.89-0.82-0.560.31-0.85
0.07-0.170.740.63-0.48-0.95-0.60.03-0.870.58-0.26-0.590.92-0.93-0.490.940.69-0.93-0.51-0.760.760.940.55-0.360.7
0.730.64-0.260.180.760.590.360.670.61-0.03-0.350.92-0.420.41-0.49-0.28-0.110.410.630.37-0.16-0.50.210.86-0.07
0.220.060.850.83-0.49-0.94-0.740.33-0.890.81-0.5-0.50.98-0.860.94-0.280.8-0.86-0.34-0.850.810.970.78-0.30.78
0.510.470.960.87-0.44-0.75-0.730.59-0.770.82-0.85-0.360.77-0.820.69-0.110.8-0.82-0.13-0.880.990.710.87-0.310.99
-0.270.02-0.8-0.630.380.880.52-0.120.81-0.540.430.5-0.821.0-0.930.41-0.86-0.820.520.8-0.89-0.83-0.570.31-0.86
0.360.76-0.10.150.280.53-0.050.570.420.01-0.250.56-0.340.53-0.510.63-0.34-0.130.520.46-0.21-0.440.220.41-0.16
-0.14-0.09-0.9-0.730.660.890.76-0.330.91-0.850.650.64-0.870.8-0.760.37-0.85-0.880.80.46-0.87-0.85-0.720.56-0.84
0.50.390.940.82-0.39-0.77-0.670.5-0.770.74-0.78-0.360.77-0.890.76-0.160.810.99-0.89-0.21-0.870.730.81-0.281.0
-0.04-0.120.810.7-0.66-0.98-0.780.13-0.960.76-0.35-0.70.99-0.820.94-0.50.970.71-0.83-0.44-0.850.730.65-0.50.67
0.60.650.870.99-0.3-0.6-0.760.83-0.630.92-0.88-0.110.74-0.560.550.210.780.87-0.570.22-0.720.810.65-0.050.83
0.630.3-0.47-0.040.950.590.640.320.7-0.350.020.95-0.480.31-0.360.86-0.3-0.310.310.410.56-0.28-0.5-0.05-0.22
0.580.460.920.84-0.33-0.71-0.630.56-0.710.74-0.83-0.280.72-0.850.7-0.070.780.99-0.86-0.16-0.841.00.670.83-0.22
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Gorilla Technology Account Relationship Matchups

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