| GTE Stock | | | CAD 8.20 0.16 1.99% |
Gran Tierra financial indicator trend analysis is much more than just examining Gran Tierra Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gran Tierra Energy is a good investment. Please check the relationship between Gran Tierra Income Before Tax and its Total Revenue accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gran Tierra Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Income Before Tax vs Total Revenue
Income Before Tax vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gran Tierra Energy Income Before Tax account and
Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gran Tierra's Income Before Tax and Total Revenue is 0.65. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Gran Tierra Energy, assuming nothing else is changed. The correlation between historical values of Gran Tierra's Income Before Tax and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Gran Tierra Energy are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Before Tax i.e., Gran Tierra's Income Before Tax and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.65 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Gran Tierra income statement and is an important metric when analyzing Gran Tierra Energy profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Total Revenue
Total revenue comprises all receipts Gran Tierra Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Gran Tierra's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gran Tierra Energy 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 Gran Tierra Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Gran Tierra's
Tax Provision is very stable compared to the past year. As of the 16th of February 2025,
Issuance Of Capital Stock is likely to grow to 2,415, while
Selling General Administrative is likely to drop about 38
M.
| 2022 | 2023 | 2024 | 2025 (projected) |
Gross Profit | 531.1M | 421.4M | 484.6M | 277.7M | Total Revenue | 711.4M | 637.0M | 732.5M | 433.5M |
Gran Tierra fundamental ratios Correlations
Click cells to compare fundamentals
Gran Tierra Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gran Tierra fundamental ratios Accounts
When determining whether Gran Tierra Energy is a strong investment it is important to analyze Gran Tierra's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gran Tierra's
future performance.
For an informed investment choice regarding Gran Stock, refer to the following important reports: Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gran Tierra Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
You can also try the
Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Please note, there is a significant difference between Gran Tierra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gran Tierra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gran Tierra's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.