Gtn Cost Of Revenue vs Ebit Analysis

GTN Stock   0.44  0.01  2.22%   
Gtn financial indicator trend analysis is much more than just examining Gtn latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gtn is a good investment. Please check the relationship between Gtn Cost Of Revenue and its Ebit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gtn. 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.

Cost Of Revenue vs Ebit

Cost Of Revenue vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gtn Cost Of Revenue account and Ebit. At this time, the significance of the direction appears to have very week relationship.
The correlation between Gtn's Cost Of Revenue and Ebit is 0.28. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Ebit in the same time period over historical financial statements of Gtn, assuming nothing else is changed. The correlation between historical values of Gtn's Cost Of Revenue and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Gtn are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Cost Of Revenue i.e., Gtn's Cost Of Revenue and Ebit go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cost Of Revenue

Cost of Revenue is found on Gtn income statement and represents the costs associated with goods and services Gtn provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Ebit

Most indicators from Gtn's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gtn 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 Gtn. 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.
Tax Provision is likely to gain to about 2.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 485.4 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.2M1.6M1.5M1.5M
Depreciation And Amortization10.6M12.3M13.3M9.9M

Gtn fundamental ratios Correlations

0.940.990.77-0.910.940.910.910.94-0.370.970.970.970.830.260.14-0.460.41-0.430.770.910.20.760.460.780.35
0.940.930.77-0.850.910.910.860.95-0.280.910.960.910.840.20.19-0.230.45-0.580.670.810.070.790.50.740.21
0.990.930.83-0.940.960.90.940.94-0.380.940.950.990.870.160.23-0.390.47-0.50.740.930.110.740.480.830.25
0.770.770.83-0.870.760.770.940.78-0.380.640.770.880.79-0.030.41-0.160.61-0.680.660.91-0.090.70.480.90.01
-0.91-0.85-0.94-0.87-0.93-0.81-0.94-0.850.49-0.81-0.83-0.98-0.940.11-0.490.18-0.670.63-0.57-0.920.14-0.65-0.55-0.890.0
0.940.910.960.76-0.930.790.880.92-0.270.880.880.950.930.010.29-0.230.55-0.510.610.83-0.030.60.450.780.1
0.910.910.90.77-0.810.790.840.9-0.440.890.940.880.720.320.09-0.440.44-0.590.770.870.220.960.490.780.32
0.910.860.940.94-0.940.880.840.86-0.470.830.880.970.860.10.35-0.350.54-0.540.750.980.060.720.450.850.2
0.940.950.940.78-0.850.920.90.86-0.270.890.930.920.830.140.21-0.30.43-0.60.670.830.050.780.470.740.17
-0.37-0.28-0.38-0.380.49-0.27-0.44-0.47-0.27-0.34-0.27-0.44-0.42-0.02-0.560.18-0.390.29-0.34-0.5-0.09-0.380.1-0.27-0.04
0.970.910.940.64-0.810.880.890.830.89-0.340.970.890.730.42-0.02-0.570.28-0.290.790.840.360.760.420.670.51
0.970.960.950.77-0.830.880.940.880.93-0.270.970.920.750.380.0-0.480.34-0.430.820.880.280.840.50.780.43
0.970.910.990.88-0.980.950.880.970.92-0.440.890.920.910.070.34-0.320.56-0.570.710.950.030.720.50.870.16
0.830.840.870.79-0.940.930.720.860.83-0.420.730.750.91-0.20.550.020.77-0.650.460.79-0.240.530.420.77-0.13
0.260.20.16-0.030.110.010.320.10.14-0.020.420.380.07-0.2-0.75-0.78-0.460.460.70.170.970.38-0.28-0.080.92
0.140.190.230.41-0.490.290.090.350.21-0.56-0.020.00.340.55-0.750.550.63-0.61-0.220.27-0.71-0.030.170.29-0.7
-0.46-0.23-0.39-0.160.18-0.23-0.44-0.35-0.30.18-0.57-0.48-0.320.02-0.780.550.31-0.4-0.74-0.47-0.84-0.440.03-0.16-0.9
0.410.450.470.61-0.670.550.440.540.43-0.390.280.340.560.77-0.460.630.31-0.720.090.51-0.50.370.420.65-0.43
-0.43-0.58-0.5-0.680.63-0.51-0.59-0.54-0.60.29-0.29-0.43-0.57-0.650.46-0.61-0.4-0.72-0.08-0.490.6-0.59-0.56-0.680.54
0.770.670.740.66-0.570.610.770.750.67-0.340.790.820.710.460.7-0.22-0.740.09-0.080.780.670.720.030.550.69
0.910.810.930.91-0.920.830.870.980.83-0.50.840.880.950.790.170.27-0.470.51-0.490.780.140.780.490.860.29
0.20.070.11-0.090.14-0.030.220.060.05-0.090.360.280.03-0.240.97-0.71-0.84-0.50.60.670.140.25-0.41-0.160.93
0.760.790.740.7-0.650.60.960.720.78-0.380.760.840.720.530.38-0.03-0.440.37-0.590.720.780.250.50.710.35
0.460.50.480.48-0.550.450.490.450.470.10.420.50.50.42-0.280.170.030.42-0.560.030.49-0.410.50.67-0.11
0.780.740.830.9-0.890.780.780.850.74-0.270.670.780.870.77-0.080.29-0.160.65-0.680.550.86-0.160.710.67-0.02
0.350.210.250.010.00.10.320.20.17-0.040.510.430.16-0.130.92-0.7-0.9-0.430.540.690.290.930.35-0.11-0.02
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Gtn Account Relationship Matchups

Gtn fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets337.3M330.4M317.2M311.0M299.3M336.5M
Total Current Liabilities34.6M36.4M38.7M43.2M47.4M39.3M
Total Stockholder Equity219.1M220.6M223.6M217.4M217.9M222.4M
Net Tangible Assets77.4M84.4M94.4M93.8M107.9M70.4M
Retained Earnings(226.9M)(227.0M)(224.2M)(222.9M)(218.9M)(229.8M)
Accounts Payable19.4M16.9M19.1M20.8M24.8M20.5M
Cash57.0M49.4M73.5M72.9M31.6M56.4M
Other Assets99.3M98.6M97.9M95.7M110.0M88.2M
Net Receivables19.9M31.0M41.8M45.6M39.2M37.0M
Other Stockholder Equity9.2M(210.6M)(210.6M)(213.4M)(209.2M)1.05
Total Liab118.2M109.9M93.6M93.6M81.4M114.1M
Total Current Assets86.5M88.0M80.4M81.1M78.7M90.4M
Property Plant Equipment9.9M7.7M9.7M10.7M12.3M8.3M
Short Long Term Debt Total64.3M53.0M33.5M27.1M11.6M11.1M
Other Current Liab12.4M17.1M17.2M19.7M19.4M13.6M
Other Liab20.8M21.8M22.8M24.4M28.1M22.3M
Property Plant And Equipment Net9.9M7.7M9.7M10.7M9.3M9.2M
Net Debt7.3M3.6M(40.0M)(45.7M)(19.9M)(18.9M)
Non Current Assets Total250.8M242.5M236.8M229.9M220.6M196.8M
Non Currrent Assets Other95.0M93.7M92.4M90.9M73.7M92.9M
Long Term Debt59.8M49.8M29.9M23.9M8.0M7.6M
Cash And Short Term Investments57.0M49.4M73.5M72.9M31.6M61.9M
Good Will96.2M96.0M96.6M96.4M96.3M105.4M
Common Stock Shares Outstanding224.6M220.9M215.3M211.9M202.4M225.6M
Long Term Debt Total62.8M51.7M32.1M25.9M23.3M43.6M
Liabilities And Stockholders Equity337.3M330.4M317.2M311.0M299.3M269.0M
Non Current Liabilities Total83.6M73.5M55.0M50.4M34.0M59.8M
Other Current Assets9.6M7.6M7.8M9.3M8.0M6.4M
Accumulated Other Comprehensive Income8.5M10.0M10.2M8.2M6.4M8.1M
Short Term Debt1.5M1.3M12.5M13.8M(11K)(10.5K)
Intangible Assets45.7M39.5M33.2M27.1M20.7M19.6M
Current Deferred Revenue1.3M1M17.2M19.8M1.6M1.5M
Property Plant And Equipment Gross9.9M38.2M44.1M51.2M50.0M27.2M
Net Invested Capital278.9M270.4M253.5M241.3M225.8M224.2M
Cash And Equivalents9.0M9.0M0.07.7M8.8M6.6M

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