Gaztransport Total Assets vs Net Receivables Analysis

0QT5 Stock   137.90  0.10  0.07%   
Gaztransport financial indicator trend analysis is much more than just examining Gaztransport et Technigaz latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gaztransport et Technigaz is a good investment. Please check the relationship between Gaztransport Total Assets and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Gaztransport et Technigaz. 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.

Total Assets vs Net Receivables

Total Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gaztransport et Technigaz Total Assets account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Gaztransport's Total Assets and Net Receivables is 0.95. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Gaztransport et Technigaz, assuming nothing else is changed. The correlation between historical values of Gaztransport's Total Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Gaztransport et Technigaz are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Assets i.e., Gaztransport's Total Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Gaztransport assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Gaztransport et Technigaz books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Receivables

Most indicators from Gaztransport's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gaztransport et Technigaz 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Gaztransport et Technigaz. 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.
Tax Provision is likely to drop to about 28.1 M in 2024. Selling General Administrative is likely to drop to about 96.6 M in 2024
 2019 2020 2023 2024 (projected)
Interest Income194K19K17.1K16.2K
Tax Provision26.8M37.2M42.8M28.1M

Gaztransport fundamental ratios Correlations

0.80.880.850.790.430.760.880.880.740.86-0.76-0.690.590.90.9-0.690.86-0.580.840.180.830.910.930.790.87
0.80.910.830.980.680.960.960.910.960.95-0.89-0.340.760.960.93-0.340.81-0.250.96-0.080.80.850.860.90.84
0.880.910.730.930.680.830.891.00.820.88-0.79-0.550.590.890.99-0.550.84-0.220.98-0.170.860.920.910.940.87
0.850.830.730.790.260.770.920.730.80.91-0.69-0.430.690.940.75-0.430.8-0.610.740.480.660.780.850.710.87
0.790.980.930.790.650.910.950.930.880.93-0.84-0.280.60.940.94-0.280.87-0.160.95-0.120.850.880.90.970.87
0.430.680.680.260.650.70.560.680.660.63-0.71-0.340.540.530.7-0.340.490.220.7-0.570.640.610.470.610.49
0.760.960.830.770.910.70.90.830.970.9-0.97-0.30.830.90.87-0.30.69-0.270.9-0.120.70.740.740.790.72
0.880.960.890.920.950.560.90.890.890.99-0.84-0.40.691.00.91-0.40.91-0.410.910.130.850.910.940.890.92
0.880.911.00.730.930.680.830.890.820.88-0.79-0.550.590.890.99-0.550.84-0.220.98-0.170.860.920.910.940.87
0.740.960.820.80.880.660.970.890.820.9-0.9-0.340.910.90.85-0.340.66-0.340.9-0.070.670.720.720.740.7
0.860.950.880.910.930.630.90.990.880.9-0.84-0.440.720.980.9-0.440.89-0.360.90.120.840.910.910.870.93
-0.76-0.89-0.79-0.69-0.84-0.71-0.97-0.84-0.79-0.9-0.840.35-0.77-0.83-0.850.35-0.630.23-0.860.17-0.67-0.69-0.69-0.74-0.66
-0.69-0.34-0.55-0.43-0.28-0.34-0.3-0.4-0.55-0.34-0.440.35-0.43-0.44-0.551.0-0.410.43-0.43-0.19-0.42-0.58-0.5-0.31-0.52
0.590.760.590.690.60.540.830.690.590.910.72-0.77-0.430.720.64-0.430.4-0.470.680.050.410.480.460.420.46
0.90.960.890.940.940.530.91.00.890.90.98-0.83-0.440.720.91-0.440.89-0.450.910.170.830.90.930.870.92
0.90.930.990.750.940.70.870.910.990.850.9-0.85-0.550.640.91-0.550.83-0.230.98-0.170.850.910.90.930.87
-0.69-0.34-0.55-0.43-0.28-0.34-0.3-0.4-0.55-0.34-0.440.351.0-0.43-0.44-0.55-0.410.43-0.43-0.19-0.42-0.58-0.5-0.31-0.52
0.860.810.840.80.870.490.690.910.840.660.89-0.63-0.410.40.890.83-0.41-0.390.80.130.950.970.980.890.92
-0.58-0.25-0.22-0.61-0.160.22-0.27-0.41-0.22-0.34-0.360.230.43-0.47-0.45-0.230.43-0.39-0.21-0.59-0.32-0.34-0.4-0.08-0.29
0.840.960.980.740.950.70.90.910.980.90.9-0.86-0.430.680.910.98-0.430.8-0.21-0.220.830.870.860.920.82
0.18-0.08-0.170.48-0.12-0.57-0.120.13-0.17-0.070.120.17-0.190.050.17-0.17-0.190.13-0.59-0.22-0.130.040.14-0.160.23
0.830.80.860.660.850.640.70.850.860.670.84-0.67-0.420.410.830.85-0.420.95-0.320.83-0.130.950.920.880.82
0.910.850.920.780.880.610.740.910.920.720.91-0.69-0.580.480.90.91-0.580.97-0.340.870.040.950.980.910.94
0.930.860.910.850.90.470.740.940.910.720.91-0.69-0.50.460.930.9-0.50.98-0.40.860.140.920.980.930.96
0.790.90.940.710.970.610.790.890.940.740.87-0.74-0.310.420.870.93-0.310.89-0.080.92-0.160.880.910.930.89
0.870.840.870.870.870.490.720.920.870.70.93-0.66-0.520.460.920.87-0.520.92-0.290.820.230.820.940.960.89
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Gaztransport Account Relationship Matchups

Gaztransport fundamental ratios Accounts

201920202021202220232024 (projected)
Other Stockholder Equity55.6M42.3M124.4M139.0M159.9M167.9M
Total Current Liabilities139.4M100.0M145.7M207.5M238.6M150.3M
Retained Earnings143.4M198.9M134.1M128.3M147.5M157.5M
Other Assets3.2M3.6M4.0M5.5M6.4M3.4M
Net Receivables130.7M151.7M132.3M175.6M201.9M142.8M
Total Current Assets313.5M307.1M347.6M404.2M464.9M331.4M
Property Plant Equipment20.2M29.2M30.8M34.1M39.2M26.1M
Other Current Liab99.9M53.0M93.8M154.8M178.0M116.5M
Other Liab5.1M15.3M15.0M13.6M15.6M11.7M
Net Tangible Assets195.2M224.1M222.5M225.9M259.8M228.9M
Accounts Payable16.8M18.2M21.6M23.8M27.3M20.2M
Inventory10.9M10.7M9.6M13.6M15.6M11.5M

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