Garrett Gross Profit vs Ebitda Analysis

GTX Stock  USD 8.31  0.11  1.34%   
Garrett Motion financial indicator trend analysis is much more than just examining Garrett Motion latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Garrett Motion is a good investment. Please check the relationship between Garrett Motion Gross Profit and its Ebitda accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Garrett Motion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Garrett Stock please use our How to Invest in Garrett Motion guide.

Gross Profit vs Ebitda

Gross Profit vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Garrett Motion Gross Profit account and Ebitda. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Garrett Motion's Gross Profit and Ebitda is 0.4. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Ebitda in the same time period over historical financial statements of Garrett Motion, assuming nothing else is changed. The correlation between historical values of Garrett Motion's Gross Profit and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Garrett Motion are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Gross Profit i.e., Garrett Motion's Gross Profit and Ebitda go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Garrett Motion minus its cost of goods sold. It is profit before Garrett Motion operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Ebitda

Most indicators from Garrett Motion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Garrett Motion 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 Garrett Motion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Garrett Stock please use our How to Invest in Garrett Motion guide.Selling General Administrative is likely to rise to about 252.9 M in 2024, whereas Tax Provision is likely to drop slightly above 75.4 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income11M76M7M6.7M
Tax Provision43M106M93M75.4M

Garrett Motion fundamental ratios Correlations

-0.020.44-0.40.42-0.590.450.42-0.120.31-0.060.430.440.54-0.150.65-0.07-0.370.31-0.20.470.450.33-0.41-0.60.18
-0.02-0.660.650.00.41-0.13-0.140.29-0.50.28-0.290.26-0.130.32-0.130.850.52-0.37-0.06-0.140.170.340.30.12-0.15
0.44-0.66-0.67-0.2-0.36-0.140.41-0.470.68-0.620.510.250.32-0.650.34-0.63-0.660.080.380.410.15-0.43-0.02-0.290.04
-0.40.65-0.67-0.250.83-0.36-0.70.51-0.910.33-0.84-0.35-0.780.51-0.80.820.96-0.51-0.12-0.77-0.60.250.440.72-0.64
0.420.0-0.2-0.25-0.720.97-0.020.55-0.090.690.1-0.120.440.640.47-0.16-0.20.31-0.890.210.260.81-0.95-0.430.5
-0.590.41-0.360.83-0.72-0.8-0.580.14-0.61-0.08-0.7-0.3-0.830.06-0.870.580.77-0.630.37-0.71-0.64-0.30.790.83-0.75
0.45-0.13-0.14-0.360.97-0.80.120.380.050.560.23-0.060.510.510.56-0.25-0.280.53-0.820.310.320.75-0.94-0.540.61
0.42-0.140.41-0.7-0.02-0.580.12-0.790.82-0.610.960.850.84-0.710.81-0.28-0.770.560.450.940.86-0.280.02-0.880.59
-0.120.29-0.470.510.550.140.38-0.79-0.770.83-0.69-0.65-0.410.95-0.390.250.54-0.42-0.83-0.58-0.490.74-0.470.47-0.18
0.31-0.50.68-0.91-0.09-0.610.050.82-0.77-0.610.880.530.7-0.780.75-0.68-0.890.50.470.80.65-0.48-0.07-0.670.59
-0.060.28-0.620.330.69-0.080.56-0.610.83-0.61-0.56-0.51-0.170.91-0.180.230.38-0.19-0.85-0.47-0.20.66-0.590.22-0.05
0.43-0.290.51-0.840.1-0.70.230.96-0.690.88-0.560.710.89-0.650.87-0.49-0.890.560.330.980.81-0.22-0.16-0.880.7
0.440.260.25-0.35-0.12-0.3-0.060.85-0.650.53-0.510.710.7-0.590.590.2-0.510.210.480.730.86-0.250.25-0.750.25
0.54-0.130.32-0.780.44-0.830.510.84-0.410.7-0.170.890.7-0.320.91-0.35-0.860.450.00.910.90.04-0.43-0.960.67
-0.150.32-0.650.510.640.060.51-0.710.95-0.780.91-0.65-0.59-0.32-0.340.320.54-0.25-0.88-0.53-0.390.79-0.520.34-0.1
0.65-0.130.34-0.80.47-0.870.560.81-0.390.75-0.180.870.590.91-0.34-0.43-0.790.61-0.050.910.840.16-0.49-0.910.81
-0.070.85-0.630.82-0.160.58-0.25-0.280.25-0.680.23-0.490.2-0.350.32-0.430.7-0.39-0.01-0.4-0.060.220.440.25-0.51
-0.370.52-0.660.96-0.20.77-0.28-0.770.54-0.890.38-0.89-0.51-0.860.54-0.790.7-0.36-0.21-0.84-0.70.290.340.77-0.6
0.31-0.370.08-0.510.31-0.630.530.56-0.420.5-0.190.560.210.45-0.250.61-0.39-0.36-0.090.530.380.15-0.37-0.610.69
-0.2-0.060.38-0.12-0.890.37-0.820.45-0.830.47-0.850.330.480.0-0.88-0.05-0.01-0.21-0.090.230.17-0.890.840.0-0.2
0.47-0.140.41-0.770.21-0.710.310.94-0.580.8-0.470.980.730.91-0.530.91-0.4-0.840.530.230.85-0.06-0.22-0.90.75
0.450.170.15-0.60.26-0.640.320.86-0.490.65-0.20.810.860.9-0.390.84-0.06-0.70.380.170.85-0.05-0.17-0.90.61
0.330.34-0.430.250.81-0.30.75-0.280.74-0.480.66-0.22-0.250.040.790.160.220.290.15-0.89-0.06-0.05-0.67-0.090.28
-0.410.3-0.020.44-0.950.79-0.940.02-0.47-0.07-0.59-0.160.25-0.43-0.52-0.490.440.34-0.370.84-0.22-0.17-0.670.39-0.53
-0.60.12-0.290.72-0.430.83-0.54-0.880.47-0.670.22-0.88-0.75-0.960.34-0.910.250.77-0.610.0-0.9-0.9-0.090.39-0.67
0.18-0.150.04-0.640.5-0.750.610.59-0.180.59-0.050.70.250.67-0.10.81-0.51-0.60.69-0.20.750.610.28-0.53-0.67
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Garrett Motion Account Relationship Matchups

Garrett Motion fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding75.9M76.1M317.5M65.1M166.6M122.4M
Total Assets2.3B3.0B2.7B2.6B2.5B2.1B
Other Current Liab367M198M438M243M227M327.7M
Total Current Liabilities1.4B1.8B1.5B1.4B1.4B1.4B
Total Stockholder Equity(2.1B)(2.3B)(468M)(116M)(735M)(771.8M)
Other Liab1.6B1.8B290M194M174.6M165.9M
Net Tangible Assets(2.3B)(2.5B)(661M)(309M)(355.4M)(373.1M)
Property Plant And Equipment Net471M541M485M470M517M513.6M
Current Deferred Revenue12M8M23M29M15M14.9M
Net Debt1.2B1.1B765M909M1.4B878.6M
Retained Earnings(2.3B)(2.2B)(1.8B)(1.5B)(1.9B)(2.0B)
Accounts Payable1.0B1.0B1.0B1.0B1.1B1.1B
Cash187M592M423M246M259M319.3M
Non Current Assets Total1.1B1.1B1.2B1.2B1.1B1.2B
Non Currrent Assets Other108M99M200M281M166M192.9M
Other Assets341M374M489M469M539.4M382.0M
Cash And Short Term Investments187M592M423M246M259M294.8M
Net Receivables707M841M747M610M842M695.7M
Liabilities And Stockholders Equity2.3B3.0B2.7B2.6B2.5B2.1B
Non Current Liabilities Total3.0B3.5B1.7B1.4B1.9B1.9B
Inventory220M235M244M270M263M236.1M
Other Current Assets85M440M296M305M276M200.5M
Other Stockholder Equity19M28M1.3B1.3B1.2B825.6M
Total Liab4.4B5.3B3.2B2.8B3.3B3.3B
Property Plant And Equipment Gross506M541M485M1.5B1.6B805.3M
Short Long Term Debt23M4M570M7M6.3M6.0M
Total Current Assets1.2B1.9B1.5B1.4B1.4B1.2B
Accumulated Other Comprehensive Income130M(129M)(4M)36M(3M)(2.9M)
Non Current Liabilities Other27M2.3B464M49M36M34.2M
Short Term Debt23M4M575M16M14.4M13.7M
Property Plant Equipment506M541M485M470M540.5M511.2M
Net Invested Capital(720M)(656M)720M1.0B915M960.8M
Net Working Capital(193M)42M3M56M32M33.6M
Short Long Term Debt Total1.4B1.7B1.2B1.2B1.7B1.2B
Long Term Debt1.4B1.1B1.2B1.1B1.6B1.1B
Capital Surpluse19M28M1.3B1.3B1.5B1.6B

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