GTN Income Tax Expense vs Net Interest Income Analysis
GTN Stock | 0.40 0.01 2.56% |
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 Income Tax Expense and its Net Interest Income 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 producer price index.
Income Tax Expense vs Net Interest Income
Income Tax Expense vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GTN Income Tax Expense account and Net Interest Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between GTN's Income Tax Expense and Net Interest Income is 0.21. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of GTN, assuming nothing else is changed. The correlation between historical values of GTN's Income Tax Expense and Net Interest Income 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 Tax Expense of GTN are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Income Tax Expense i.e., GTN's Income Tax Expense and Net Interest Income go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Income Tax Expense
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.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 producer price index. Tax Provision is likely to gain to about 2.8 M in 2025, whereas Selling General Administrative is likely to drop slightly above 436.9 K in 2025.
2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 1.8M | 1.5M | 1.4M | 1.3M | Depreciation And Amortization | 12.3M | 13.3M | 11.9M | 9.9M |
GTN fundamental ratios Correlations
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GTN Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running GTN's price analysis, check to measure GTN'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 GTN is operating at the current time. Most of GTN's value examination focuses on studying past and present price action to predict the probability of GTN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GTN's price. Additionally, you may evaluate how the addition of GTN to your portfolios can decrease your overall portfolio volatility.