Gulf Accounts Payable vs Capital Stock Analysis

GUF Stock  CAD 0.45  0.00  0.00%   
Gulf Pacific financial indicator trend analysis is much more than just examining Gulf Pacific Equities latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gulf Pacific Equities is a good investment. Please check the relationship between Gulf Pacific Accounts Payable and its Capital Stock accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gulf Pacific Equities. 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.

Accounts Payable vs Capital Stock

Accounts Payable vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gulf Pacific Equities Accounts Payable account and Capital Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Gulf Pacific's Accounts Payable and Capital Stock is -0.32. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Gulf Pacific Equities, assuming nothing else is changed. The correlation between historical values of Gulf Pacific's Accounts Payable and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Gulf Pacific Equities are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Accounts Payable i.e., Gulf Pacific's Accounts Payable and Capital Stock go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Gulf Pacific obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Gulf Pacific Equities are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from Gulf Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gulf Pacific Equities 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 Gulf Pacific Equities. 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.
Selling General Administrative is likely to climb to about 862 K in 2024, whereas Tax Provision is likely to drop slightly above 86.8 K in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.3M2.3M2.5M1.9M
Total Revenue4.0M4.2M4.4M4.4M

Gulf Pacific fundamental ratios Correlations

-0.67-0.720.940.90.930.920.820.721.0-0.140.830.5-0.720.68-0.670.87-0.670.970.42-0.671.0-0.560.43-0.67-0.79
-0.670.54-0.52-0.46-0.47-0.44-0.32-0.91-0.670.53-0.39-0.540.53-0.681.0-0.91.0-0.59-0.541.0-0.690.5-0.641.00.43
-0.720.54-0.71-0.63-0.73-0.7-0.58-0.51-0.710.13-0.66-0.290.78-0.40.54-0.630.54-0.74-0.190.54-0.710.37-0.380.540.62
0.94-0.52-0.710.970.991.00.730.590.93-0.260.910.18-0.840.38-0.520.79-0.520.910.09-0.520.93-0.660.18-0.52-0.91
0.9-0.46-0.630.970.980.970.690.610.89-0.190.890.14-0.780.35-0.460.77-0.460.90.06-0.460.9-0.750.15-0.46-0.84
0.93-0.47-0.730.990.980.990.740.590.93-0.140.90.21-0.790.4-0.470.76-0.470.940.11-0.470.93-0.650.21-0.47-0.84
0.92-0.44-0.71.00.970.990.740.540.92-0.190.910.15-0.820.35-0.440.74-0.440.910.05-0.440.92-0.640.14-0.44-0.89
0.82-0.32-0.580.730.690.740.740.320.820.180.80.5-0.510.63-0.320.55-0.320.810.45-0.320.8-0.230.19-0.32-0.67
0.72-0.91-0.510.590.610.590.540.320.72-0.360.420.53-0.510.68-0.910.93-0.910.710.49-0.910.74-0.680.63-0.91-0.4
1.0-0.67-0.710.930.890.930.920.820.72-0.140.820.51-0.710.69-0.670.86-0.670.970.43-0.671.0-0.540.44-0.67-0.79
-0.140.530.13-0.26-0.19-0.14-0.190.18-0.36-0.14-0.250.360.560.190.53-0.440.530.030.320.53-0.150.50.180.530.49
0.83-0.39-0.660.910.890.90.910.80.420.82-0.250.04-0.840.28-0.390.7-0.390.8-0.02-0.390.81-0.59-0.09-0.39-0.9
0.5-0.54-0.290.180.140.210.150.50.530.510.360.040.10.96-0.540.44-0.540.520.98-0.540.50.120.85-0.540.05
-0.720.530.78-0.84-0.78-0.79-0.82-0.51-0.51-0.710.56-0.840.1-0.130.53-0.720.53-0.650.170.53-0.710.730.060.530.91
0.68-0.68-0.40.380.350.40.350.630.680.690.190.280.96-0.13-0.680.65-0.680.670.94-0.680.68-0.10.78-0.68-0.18
-0.671.00.54-0.52-0.46-0.47-0.44-0.32-0.91-0.670.53-0.39-0.540.53-0.68-0.91.0-0.59-0.541.0-0.690.5-0.641.00.43
0.87-0.9-0.630.790.770.760.740.550.930.86-0.440.70.44-0.720.65-0.9-0.90.820.4-0.90.88-0.710.46-0.9-0.66
-0.671.00.54-0.52-0.46-0.47-0.44-0.32-0.91-0.670.53-0.39-0.540.53-0.681.0-0.9-0.59-0.541.0-0.690.5-0.641.00.43
0.97-0.59-0.740.910.90.940.910.810.710.970.030.80.52-0.650.67-0.590.82-0.590.42-0.590.97-0.540.47-0.59-0.69
0.42-0.54-0.190.090.060.110.050.450.490.430.32-0.020.980.170.94-0.540.4-0.540.42-0.540.430.150.83-0.540.11
-0.671.00.54-0.52-0.46-0.47-0.44-0.32-0.91-0.670.53-0.39-0.540.53-0.681.0-0.91.0-0.59-0.54-0.690.5-0.641.00.43
1.0-0.69-0.710.930.90.930.920.80.741.0-0.150.810.5-0.710.68-0.690.88-0.690.970.43-0.69-0.580.46-0.69-0.78
-0.560.50.37-0.66-0.75-0.65-0.64-0.23-0.68-0.540.5-0.590.120.73-0.10.5-0.710.5-0.540.150.5-0.580.030.50.62
0.43-0.64-0.380.180.150.210.140.190.630.440.18-0.090.850.060.78-0.640.46-0.640.470.83-0.640.460.03-0.640.11
-0.671.00.54-0.52-0.46-0.47-0.44-0.32-0.91-0.670.53-0.39-0.540.53-0.681.0-0.91.0-0.59-0.541.0-0.690.5-0.640.43
-0.790.430.62-0.91-0.84-0.84-0.89-0.67-0.4-0.790.49-0.90.050.91-0.180.43-0.660.43-0.690.110.43-0.780.620.110.43
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Gulf Pacific Account Relationship Matchups

Gulf Pacific fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets40.2M40.1M44.1M48.6M51.7M47.9M
Total Current Liabilities7.0M3.9M4.1M5.0M2.5M4.1M
Total Stockholder Equity14.3M14.7M19.2M20.8M22.0M18.4M
Other Liab1.1M1.1M1.4M1.7M1.9M1.3M
Net Tangible Assets14.3M14.7M19.2M20.8M23.9M17.6M
Retained Earnings4.0M4.5M8.8M10.4M11.6M7.1M
Accounts Payable550.7K1.1M736.7K2.8M2.5M1.4M
Cash283.6K147.9K178.1K185.2K729.4K765.9K
Non Current Assets Total39.7M39.7M43.6M47.9M50.5M47.3M
Long Term Debt22.2M21.7M21.0M23.3M25.5M18.5M
Net Receivables196.7K257.2K275.1K499.8K460.9K266.4K
Non Current Liabilities Total23.3M22.8M22.5M25.0M27.2M26.9M
Other Current Assets47.0K37.2K38.5K5.7K5.1K4.9K
Total Liab25.9M25.4M24.8M27.8M29.7M29.5M
Total Current Assets518.8K410.7K458.9K690.7K1.2M1.3M
Property Plant Equipment39.7M39.6M43.5M47.8M55.0M46.1M
Net Debt21.9M21.6M20.8M23.1M24.7M24.9M
Net Invested Capital36.5M36.4M40.3M44.1M47.4M44.0M
Net Working Capital(2.1M)(2.2M)(1.9M)(2.1M)(1.2M)(1.3M)

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