Galway Ebitda vs Income Tax Expense Analysis

GWM Stock

CAD 0.47 0.01 2.17%

Galway Metals financial indicator trend analysis is much more than just examining Galway Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Galway Metals is a good investment. Please check the relationship between Galway Metals Ebitda and its Income Tax Expense accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galway Metals. 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.

Ebitda vs Income Tax Expense

Ebitda vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Galway Metals Ebitda account and Income Tax Expense. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Galway Metals' Ebitda and Income Tax Expense is -0.02. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Galway Metals, assuming nothing else is changed. The correlation between historical values of Galway Metals' Ebitda and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Galway Metals are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Ebitda i.e., Galway Metals' Ebitda and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.02

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Ebitda

Income Tax Expense

Most indicators from Galway Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Galway Metals 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 Galway Metals. 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 drop to about 2.5 M in 2024. Issuance Of Capital Stock is likely to drop to about 3.4 M in 2024

	2021	2022	2023	2024 (projected)
Interest Income	1.6K	535.0	138.0K	144.9K
Net Interest Income	1.6K	535.0	138.0K	144.9K

Interest Income Net Interest Income

Galway Metals fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Tangible Assets	Accounts Payable	Other Assets	Net Receivables	Other Current Liab	Other Liab	Non Current Liabilities Total	Other Current Assets	Property Plant Equipment	Net Invested Capital	Long Term Investments
Total Assets		0.91	0.97	0.57	-0.26	-0.51	0.27	0.55	0.12	0.27	0.58	0.2	0.91	0.37	0.58	0.83	0.71	0.28	0.87	0.93	-0.09	-0.09	-0.08	0.58	0.95	-0.09
Total Current Liabilities	0.91		0.78	0.71	-0.03	-0.61	0.04	0.68	0.1	0.04	0.7	0.24	1.0	0.15	0.69	0.8	0.9	0.57	0.92	0.99	-0.07	-0.32	0.03	0.72	0.91	-0.07
Total Stockholder Equity	0.97	0.78		0.44	-0.38	-0.4	0.38	0.42	0.11	0.38	0.45	0.16	0.78	0.47	0.47	0.78	0.53	0.1	0.78	0.81	-0.09	0.04	-0.14	0.45	0.89	-0.09
Property Plant And Equipment Net	0.57	0.71	0.44		0.01	-0.41	0.01	0.46	-0.04	0.01	0.56	0.21	0.72	0.09	0.57	0.44	0.68	0.56	0.65	0.66	0.36	-0.3	0.32	0.57	0.61	0.36
Net Debt	-0.26	-0.03	-0.38	0.01		-0.65	-1.0	0.66	0.74	-1.0	0.49	0.05	-0.03	-0.99	0.47	0.08	0.09	0.62	0.0	-0.06	-0.62	-0.5	0.4	0.51	0.01	-0.62
Retained Earnings	-0.51	-0.61	-0.4	-0.41	-0.65		0.64	-0.97	-0.83	0.64	-0.92	-0.35	-0.62	0.57	-0.92	-0.7	-0.5	-0.65	-0.56	-0.62	0.63	0.33	-0.23	-0.93	-0.69	0.63
Cash	0.27	0.04	0.38	0.01	-1.0	0.64		-0.65	-0.74	1.0	-0.48	-0.04	0.04	0.99	-0.46	-0.08	-0.09	-0.61	0.01	0.07	0.63	0.51	-0.39	-0.49	0.0	0.63
Non Current Assets Total	0.55	0.68	0.42	0.46	0.66	-0.97	-0.65		0.74	-0.65	0.9	0.2	0.68	-0.57	0.89	0.73	0.62	0.76	0.66	0.67	-0.58	-0.49	0.28	0.91	0.74	-0.58
Non Currrent Assets Other	0.12	0.1	0.11	-0.04	0.74	-0.83	-0.74	0.74		-0.74	0.65	0.29	0.12	-0.72	0.67	0.42	-0.01	0.34	0.14	0.14	-0.79	-0.15	0.2	0.64	0.32	-0.79
Cash And Short Term Investments	0.27	0.04	0.38	0.01	-1.0	0.64	1.0	-0.65	-0.74		-0.48	-0.04	0.04	0.99	-0.46	-0.08	-0.09	-0.61	0.01	0.07	0.63	0.51	-0.39	-0.49	0.0	0.63
Common Stock Shares Outstanding	0.58	0.7	0.45	0.56	0.49	-0.92	-0.48	0.9	0.65	-0.48		0.35	0.71	-0.39	0.99	0.78	0.55	0.69	0.63	0.68	-0.33	-0.32	0.23	1.0	0.7	-0.33
Other Stockholder Equity	0.2	0.24	0.16	0.21	0.05	-0.35	-0.04	0.2	0.29	-0.04	0.35		0.24	-0.02	0.34	0.31	0.08	0.03	0.17	0.24	-0.16	0.15	-0.09	0.34	0.27	-0.16
Total Liab	0.91	1.0	0.78	0.72	-0.03	-0.62	0.04	0.68	0.12	0.04	0.71	0.24		0.15	0.7	0.8	0.9	0.56	0.9	0.99	-0.08	-0.3	0.03	0.73	0.91	-0.08
Total Current Assets	0.37	0.15	0.47	0.09	-0.99	0.57	0.99	-0.57	-0.72	0.99	-0.39	-0.02	0.15		-0.38	0.03	0.02	-0.53	0.12	0.17	0.62	0.44	-0.38	-0.41	0.1	0.62
Common Stock	0.58	0.69	0.47	0.57	0.47	-0.92	-0.46	0.89	0.67	-0.46	0.99	0.34	0.7	-0.38		0.77	0.52	0.67	0.6	0.67	-0.32	-0.29	0.26	0.99	0.7	-0.32
Net Tangible Assets	0.83	0.8	0.78	0.44	0.08	-0.7	-0.08	0.73	0.42	-0.08	0.78	0.31	0.8	0.03	0.77		0.59	0.53	0.85	0.82	-0.27	-0.36	0.05	0.77	0.9	-0.27
Accounts Payable	0.71	0.9	0.53	0.68	0.09	-0.5	-0.09	0.62	-0.01	-0.09	0.55	0.08	0.9	0.02	0.52	0.59		0.66	0.87	0.86	-0.07	-0.52	0.07	0.58	0.75	-0.07
Other Assets	0.28	0.57	0.1	0.56	0.62	-0.65	-0.61	0.76	0.34	-0.61	0.69	0.03	0.56	-0.53	0.67	0.53	0.66		0.58	0.52	-0.19	-0.86	0.55	0.7	0.5	-0.19
Net Receivables	0.87	0.92	0.78	0.65	0.0	-0.56	0.01	0.66	0.14	0.01	0.63	0.17	0.9	0.12	0.6	0.85	0.87	0.58		0.89	-0.13	-0.5	0.03	0.64	0.93	-0.13
Other Current Liab	0.93	0.99	0.81	0.66	-0.06	-0.62	0.07	0.67	0.14	0.07	0.68	0.24	0.99	0.17	0.67	0.82	0.86	0.52	0.89		-0.13	-0.27	0.0	0.7	0.93	-0.13
Other Liab	-0.09	-0.07	-0.09	0.36	-0.62	0.63	0.63	-0.58	-0.79	0.63	-0.33	-0.16	-0.08	0.62	-0.32	-0.27	-0.07	-0.19	-0.13	-0.13		0.18	0.03	-0.34	-0.27	1.0
Non Current Liabilities Total	-0.09	-0.32	0.04	-0.3	-0.5	0.33	0.51	-0.49	-0.15	0.51	-0.32	0.15	-0.3	0.44	-0.29	-0.36	-0.52	-0.86	-0.5	-0.27	0.18		-0.47	-0.33	-0.32	0.18
Other Current Assets	-0.08	0.03	-0.14	0.32	0.4	-0.23	-0.39	0.28	0.2	-0.39	0.23	-0.09	0.03	-0.38	0.26	0.05	0.07	0.55	0.03	0.0	0.03	-0.47		0.19	0.07	0.03
Property Plant Equipment	0.58	0.72	0.45	0.57	0.51	-0.93	-0.49	0.91	0.64	-0.49	1.0	0.34	0.73	-0.41	0.99	0.77	0.58	0.7	0.64	0.7	-0.34	-0.33	0.19		0.71	-0.34
Net Invested Capital	0.95	0.91	0.89	0.61	0.01	-0.69	0.0	0.74	0.32	0.0	0.7	0.27	0.91	0.1	0.7	0.9	0.75	0.5	0.93	0.93	-0.27	-0.32	0.07	0.71		-0.27
Long Term Investments	-0.09	-0.07	-0.09	0.36	-0.62	0.63	0.63	-0.58	-0.79	0.63	-0.33	-0.16	-0.08	0.62	-0.32	-0.27	-0.07	-0.19	-0.13	-0.13	1.0	0.18	0.03	-0.34	-0.27

Click cells to compare fundamentals

Galway Metals Account Relationship Matchups

Galway Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.7M	24.7M	20.7M	16.2M	14.2M	16.2M
Total Current Liabilities	1.3M	4.3M	4.3M	1.5M	1.4M	1.4M
Total Stockholder Equity	11.4M	20.4M	16.3M	14.6M	12.8M	14.8M
Property Plant And Equipment Net	5.8M	7.6M	9.1M	9.7M	1.3M	1.3M
Net Debt	(6.1M)	(15.4M)	(10.4M)	(5.6M)	(3.2M)	(3.4M)
Retained Earnings	(21.5M)	(33.4M)	(49.5M)	(60.3M)	(65.7M)	(62.4M)
Cash	6.1M	15.4M	10.7M	5.8M	3.3M	3.2M
Non Current Assets Total	5.8M	7.7M	9.2M	9.7M	10.4M	10.9M
Non Currrent Assets Other	54.5K	53.5K	53.2K	9.1M	10.4M	11.0M
Cash And Short Term Investments	6.1M	15.4M	10.7M	5.8M	3.3M	3.2M
Common Stock Shares Outstanding	38.2M	49.6M	58.7M	64.1M	72.2M	38.6M
Liabilities And Stockholders Equity	12.7M	24.7M	20.7M	16.2M	14.2M	16.2M
Other Stockholder Equity	3.4M	7.2M	9.0M	9.5M	9.7M	7.2M
Total Liab	1.3M	4.3M	4.5M	1.6M	1.5M	1.4M
Total Current Assets	6.9M	17.1M	11.6M	6.5M	3.8M	3.6M
Accumulated Other Comprehensive Income	181.8K	188.7K	156.4K	149.0K	117.7K	123.6K
Common Stock	29.4M	46.4M	56.6M	65.3M	68.6M	35.6M
Net Tangible Assets	11.8M	11.4M	20.4M	14.6M	16.8M	13.7M
Accounts Payable	656.8K	845.2K	892.0K	237.1K	272.7K	432.0K
Other Assets	52.7K	57.3K	54.5K	53.5K	61.5K	37.7K
Net Receivables	684.4K	1.7M	867.8K	540.3K	438.1K	629.7K
Other Current Liab	595.7K	4.3M	4.2M	1.4M	1.3M	1.7M
Other Current Assets	74.8K	36.0K	49.1K	115.2K	39.3K	51.7K
Property Plant Equipment	4.8M	5.8M	7.6M	9.7M	11.2M	6.3M
Net Invested Capital	11.4M	20.4M	16.5M	14.8M	12.9M	15.5M
Net Working Capital	5.6M	12.7M	7.3M	5.0M	2.4M	2.3M
Capital Stock	29.4M	46.4M	56.6M	65.3M	68.6M	53.2M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Galway Stock Analysis

When running Galway Metals' price analysis, check to measure Galway Metals' 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 Galway Metals is operating at the current time. Most of Galway Metals' value examination focuses on studying past and present price action to predict the probability of Galway Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galway Metals' price. Additionally, you may evaluate how the addition of Galway Metals to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC