Gravity Retained Earnings vs Short Term Debt Analysis

GRVY Stock  USD 66.64  1.64  2.52%   
Gravity financial indicator trend analysis is much more than just examining Gravity latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gravity is a good investment. Please check the relationship between Gravity Retained Earnings and its Short Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gravity Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Retained Earnings vs Short Term Debt

Retained Earnings vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gravity Retained Earnings account and Short Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Gravity's Retained Earnings and Short Term Debt is 0.98. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Gravity Co, assuming nothing else is changed. The correlation between historical values of Gravity's Retained Earnings and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Gravity Co are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Retained Earnings i.e., Gravity's Retained Earnings and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Short Term Debt

Most indicators from Gravity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gravity 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 Gravity Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
At this time, Gravity's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 39.1 B in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.06 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit189.8B196.3B240.6B252.6B
Total Revenue413.9B463.6B725.5B761.8B

Gravity fundamental ratios Correlations

0.560.870.990.78-0.970.980.280.541.00.370.430.87-0.270.880.941.00.060.820.990.780.890.430.970.570.97
0.560.590.530.79-0.630.610.120.020.540.190.270.59-0.330.590.770.570.190.520.550.570.640.180.650.120.48
0.870.590.80.73-0.920.920.040.210.840.370.260.7-0.491.00.80.880.280.980.840.980.990.410.860.490.77
0.990.530.80.76-0.940.950.330.60.990.340.450.88-0.20.810.930.980.00.740.990.70.820.410.960.560.99
0.780.790.730.76-0.80.790.210.230.770.330.280.81-0.380.730.890.780.290.650.780.660.750.350.810.250.73
-0.97-0.63-0.92-0.94-0.8-1.0-0.23-0.45-0.96-0.4-0.4-0.830.31-0.93-0.91-0.97-0.1-0.87-0.95-0.87-0.93-0.45-0.95-0.53-0.91
0.980.610.920.950.79-1.00.230.460.970.380.390.84-0.310.930.920.980.10.860.960.860.930.440.960.560.92
0.280.120.040.330.21-0.230.230.810.220.390.610.320.520.070.230.21-0.480.010.23-0.010.070.40.140.310.21
0.540.020.210.60.23-0.450.460.810.510.370.640.60.450.240.420.48-0.470.170.50.120.230.420.40.510.53
1.00.540.840.990.77-0.960.970.220.510.330.40.87-0.280.850.941.00.070.790.990.750.860.40.980.550.99
0.370.190.370.340.33-0.40.380.390.370.330.740.410.440.410.290.35-0.590.470.260.320.331.00.210.750.28
0.430.270.260.450.28-0.40.390.610.640.40.740.510.590.310.380.39-0.620.330.340.190.270.740.30.610.39
0.870.590.70.880.81-0.830.840.320.60.870.410.51-0.130.720.910.870.040.640.860.590.710.460.840.560.87
-0.27-0.33-0.49-0.2-0.380.31-0.310.520.45-0.280.440.59-0.13-0.45-0.32-0.31-0.82-0.43-0.35-0.54-0.50.42-0.420.32-0.26
0.880.591.00.810.73-0.930.930.070.240.850.410.310.72-0.450.810.890.240.980.840.980.990.450.860.520.78
0.940.770.80.930.89-0.910.920.230.420.940.290.380.91-0.320.810.940.140.730.940.710.840.330.960.450.92
1.00.570.880.980.78-0.970.980.210.481.00.350.390.87-0.310.890.940.10.840.990.80.90.410.980.550.97
0.060.190.280.00.29-0.10.1-0.48-0.470.07-0.59-0.620.04-0.820.240.140.10.190.130.320.27-0.590.2-0.450.05
0.820.520.980.740.65-0.870.860.010.170.790.470.330.64-0.430.980.730.840.190.780.960.960.510.790.560.72
0.990.550.840.990.78-0.950.960.230.50.990.260.340.86-0.350.840.940.990.130.780.750.860.330.980.490.98
0.780.570.980.70.66-0.870.86-0.010.120.750.320.190.59-0.540.980.710.80.320.960.750.970.360.780.410.66
0.890.640.990.820.75-0.930.930.070.230.860.330.270.71-0.50.990.840.90.270.960.860.970.370.890.460.79
0.430.180.410.410.35-0.450.440.40.420.41.00.740.460.420.450.330.41-0.590.510.330.360.370.270.790.35
0.970.650.860.960.81-0.950.960.140.40.980.210.30.84-0.420.860.960.980.20.790.980.780.890.270.430.96
0.570.120.490.560.25-0.530.560.310.510.550.750.610.560.320.520.450.55-0.450.560.490.410.460.790.430.53
0.970.480.770.990.73-0.910.920.210.530.990.280.390.87-0.260.780.920.970.050.720.980.660.790.350.960.53
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Gravity Account Relationship Matchups

Gravity fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets175.4B265.4B327.5B444.1B578.2B607.1B
Other Current Liab2.0B17.7B18.6B23.5B6.6B4.3B
Total Current Liabilities55.8B82.7B74.0B105.7B106.4B111.8B
Total Stockholder Equity115.5B176.9B246.1B329.5B463.1B486.2B
Property Plant And Equipment Net6.7B7.7B11.3B8.1B10.2B5.2B
Net Debt(76.4B)(107.4B)(94.0B)(166.8B)(181.7B)(172.7B)
Cash79.4B110.6B99.1B169.9B184.1B193.3B
Non Current Assets Total19.6B18.8B21.4B22.3B31.3B24.0B
Non Currrent Assets Other1.7B2.8B2.0B2.5B7.0B7.3B
Cash And Short Term Investments118.9B182.5B247.7B340.2B465.7B489.0B
Liabilities And Stockholders Equity175.4B265.4B327.5B444.1B578.2B607.1B
Non Current Liabilities Total3.9B5.3B6.7B8.2B8.0B7.0B
Other Current Assets2.7B4.4B5.8B4.3B6.3B6.6B
Other Stockholder Equity27.1B25.0B27.1B27.1B31.1B37.7B
Total Liab59.7B88.0B80.7B113.9B114.5B120.2B
Property Plant And Equipment Gross6.7B20.9B26.3B26.5B28.0B29.4B
Total Current Assets155.9B246.6B306.1B421.8B546.9B574.2B
Short Long Term Debt Total5.6B3.2B5.1B3.1B2.3B2.9B
Current Deferred Revenue10.7B13.7B13.5B18.5B18.1B19.0B
Retained Earnings84.7B147.4B213.3B296.5B428.5B449.9B
Accounts Payable37.5B52.7B41.2B73.5B61.8B64.9B
Net Receivables32.3B59.8B53.7B77.4B74.9B78.6B
Short Term Debt5.6B13.7B15.7B22.3B25.7B26.9B
Short Term Investments39.5B71.8B148.6B170.4B281.7B295.7B
Accumulated Other Comprehensive Income274.5M(1.0B)2.2B2.5B4.0B4.2B
Other Liab863.6M5.3B1.6B8.2B9.4B9.9B
Other Assets9.4B265.4B3.7B10.3B11.9B17.6B
Inventory2.0B2.2B3.2B3.3B468K444.6K
Intangible Assets1.7B3.4B3.3B3.9B6.4B6.4B
Property Plant Equipment6.7B7.7B11.3B8.1B9.4B9.8B
Net Tangible Assets113.8B162.1B241.3B325.7B374.5B393.2B
Long Term Investments1.8B1.3B3.0B2.2B1.8B1.6B
Non Current Liabilities Other3.6B3.8B5.9B5.0B3.2B2.5B
Net Invested Capital115.5B176.9B246.1B329.5B463.1B486.2B
Net Working Capital100.1B163.9B232.1B316.1B440.5B462.5B

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