Gulf Depreciation vs Change To Netincome Analysis
GURE Stock | USD 0.58 0.01 1.69% |
Gulf Resources financial indicator trend analysis is much more than just examining Gulf Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gulf Resources is a good investment. Please check the relationship between Gulf Resources Depreciation and its Change To Netincome accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gulf Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Gulf Stock refer to our How to Trade Gulf Stock guide.
Depreciation vs Change To Netincome
Depreciation vs Change To Netincome Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gulf Resources Depreciation account and Change To Netincome. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Gulf Resources' Depreciation and Change To Netincome is -0.06. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Gulf Resources, assuming nothing else is changed. The correlation between historical values of Gulf Resources' Depreciation and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Gulf Resources are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Depreciation i.e., Gulf Resources' Depreciation and Change To Netincome go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Depreciation
Depreciation indicates how much of Gulf Resources value has been used up. For tax purposes Gulf Resources can deduct the cost of the tangible assets it purchases as business expenses. However, Gulf Resources must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Change To Netincome
Most indicators from Gulf Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gulf Resources 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 Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Gulf Stock refer to our How to Trade Gulf Stock guide.At present, Gulf Resources' Enterprise Value Over EBITDA is projected to drop based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 1.02, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.13.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 12.0M | 8.9M | 41.9M | 44.0M | Cost Of Revenue | 27.1M | 28.7M | 37.6M | 46.0M |
Gulf Resources fundamental ratios Correlations
Click cells to compare fundamentals
Gulf Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gulf Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 279.3M | 294.0M | 309.9M | 292.4M | 226.7M | 214.7M | |
Short Long Term Debt Total | 10.5M | 10.6M | 10.1M | 9.7M | 11.1M | 6.7M | |
Total Current Liabilities | 6.3M | 7.1M | 13.9M | 11.8M | 12.6M | 9.9M | |
Total Stockholder Equity | 263.1M | 277.0M | 286.6M | 271.6M | 205.2M | 200.0M | |
Property Plant And Equipment Net | 147.0M | 158.0M | 171.2M | 158.2M | 129.0M | 98.1M | |
Net Debt | (89.8M) | (83.6M) | (85.7M) | (98.5M) | (88.7M) | (93.1M) | |
Retained Earnings | 184.0M | 175.6M | 174.7M | 184.8M | 123.0M | 129.3M | |
Accounts Payable | 3.8M | 480.0K | 202.3K | 57.6K | 207.0K | 196.6K | |
Cash | 100.3M | 94.2M | 95.8M | 108.2M | 72.2M | 82.1M | |
Non Current Assets Total | 172.0M | 186.7M | 194.4M | 173.0M | 140.6M | 111.0M | |
Non Currrent Assets Other | 9.1M | 10.1M | 10.4M | 9.5M | 10.9M | 10.4M | |
Cash And Short Term Investments | 100.3M | 94.2M | 95.8M | 108.2M | 124.5M | 82.2M | |
Net Receivables | 4.9M | 6.5M | 14.5M | 5.4M | 4.9M | 4.6M | |
Common Stock Shares Outstanding | 9.5M | 9.7M | 10.5M | 10.0M | 10.4M | 20.6M | |
Liabilities And Stockholders Equity | 279.3M | 294.0M | 309.9M | 292.4M | 336.3M | 213.2M | |
Non Current Liabilities Total | 9.8M | 9.9M | 9.3M | 9.0M | 8.8M | 5.5M | |
Inventory | 690.1K | 419.6K | 691.1K | 1.6M | 577.2K | 548.4K | |
Other Current Assets | 1.3M | 6.1M | 4.5M | 4.2M | 4.9M | 5.1M | |
Other Stockholder Equity | 94.5M | 96.9M | 100.1M | 99.9M | 114.8M | 65.9M | |
Total Liab | 16.1M | 17.0M | 23.2M | 20.8M | 21.4M | 14.7M | |
Property Plant And Equipment Gross | 155.3M | 148.9M | 296.7M | 158.2M | 237.1M | 125.6M | |
Total Current Assets | 107.2M | 107.3M | 115.4M | 119.4M | 86.1M | 103.7M | |
Accumulated Other Comprehensive Income | (15.5M) | 4.5M | 11.9M | (13.0M) | (15.0M) | (14.2M) | |
Intangible Assets | 9.1M | 10.1M | 10.4M | 9.5M | 9.8M | 6.4M | |
Other Current Liab | 1.9M | 3.9M | 11.4M | 9.7M | 11.2M | 11.7M | |
Short Term Debt | 615.1K | 1.4M | 1.5M | 1.3M | 1.2M | 1.5M | |
Common Stock | 23.9K | 24.1K | 24.4K | 24.5K | 22.0K | 20.3K | |
Other Assets | 28.7M | 25.1M | 37.8M | 23.3M | 26.8M | 28.1M | |
Property Plant Equipment | 82.3M | 138.0M | 148.9M | 171.2M | 196.8M | 119.0M | |
Net Tangible Assets | 293.9M | 263.1M | 277.0M | 286.6M | 329.6M | 330.5M | |
Retained Earnings Total Equity | 255.6M | 185.6M | 159.8M | 151.4M | 174.1M | 203.1M | |
Capital Surpluse | 94.5M | 95.0M | 95.0M | 97.4M | 112.1M | 97.3M | |
Capital Lease Obligations | 10.5M | 10.6M | 11.9M | 9.7M | 9.5M | 6.2M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Gulf Resources is a strong investment it is important to analyze Gulf Resources' 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 Gulf Resources' future performance. For an informed investment choice regarding Gulf 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 Gulf Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Gulf Stock refer to our How to Trade Gulf Stock guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Commodity Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gulf Resources. If investors know Gulf will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gulf Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.662 | Earnings Share (9.26) | Revenue Per Share 1.552 | Quarterly Revenue Growth (0.70) | Return On Assets (0.13) |
The market value of Gulf Resources is measured differently than its book value, which is the value of Gulf that is recorded on the company's balance sheet. Investors also form their own opinion of Gulf Resources' value that differs from its market value or its book value, called intrinsic value, which is Gulf Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gulf Resources' market value can be influenced by many factors that don't directly affect Gulf Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gulf Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Gulf Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gulf Resources' 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.