GBG Research Development vs Cost Of Revenue Analysis

GBG Stock   345.20  0.80  0.23%   
GB Group financial indicator trend analysis is much more than just examining GB Group plc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GB Group plc is a good investment. Please check the relationship between GB Group Research Development and its Cost Of Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GB Group plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Research Development vs Cost Of Revenue

Research Development vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GB Group plc Research Development account and Cost Of Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between GB Group's Research Development and Cost Of Revenue is 0.8. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of GB Group plc, assuming nothing else is changed. The correlation between historical values of GB Group's Research Development and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of GB Group plc are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Research Development i.e., GB Group's Research Development and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Research Development

Cost Of Revenue

Cost of Revenue is found on GB Group plc income statement and represents the costs associated with goods and services GB Group provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from GB Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GB Group plc 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 GB Group plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 93.8 M, whereas Tax Provision is forecasted to decline to about 1.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.8M7.0M9.3M9.8M
Depreciation And Amortization28.1M46.1M42.1M44.2M

GB Group fundamental ratios Correlations

0.951.00.60.920.440.920.581.0-0.130.580.910.96-0.270.990.830.910.950.790.660.820.99-0.080.680.781.0
0.950.940.750.780.60.910.750.93-0.170.750.940.87-0.120.950.790.990.840.910.780.920.920.020.720.790.93
1.00.940.580.910.420.920.561.0-0.10.560.910.95-0.270.980.840.90.930.780.640.820.99-0.080.670.761.0
0.60.750.580.410.780.550.880.58-0.450.880.60.56-0.020.650.310.770.490.770.920.650.490.110.550.80.56
0.920.780.910.410.20.860.40.93-0.170.40.760.98-0.380.940.770.750.990.590.50.670.93-0.20.590.730.93
0.440.60.420.780.20.340.610.42-0.230.610.370.37-0.030.470.050.590.260.750.770.490.320.060.430.490.4
0.920.910.920.550.860.340.570.91-0.260.570.940.89-0.250.920.90.920.90.80.620.890.94-0.10.580.80.92
0.580.750.560.880.40.610.570.55-0.231.00.670.540.250.640.40.790.50.750.760.740.50.250.530.660.54
1.00.931.00.580.930.420.910.55-0.120.550.90.97-0.290.980.820.890.950.770.640.80.99-0.10.670.771.0
-0.13-0.17-0.1-0.45-0.17-0.23-0.26-0.23-0.12-0.23-0.13-0.190.45-0.19-0.11-0.23-0.19-0.22-0.49-0.15-0.10.53-0.06-0.65-0.11
0.580.750.560.880.40.610.571.00.55-0.230.670.540.250.640.40.790.50.750.760.740.50.250.530.660.54
0.910.940.910.60.760.370.940.670.9-0.130.670.82-0.070.890.890.940.820.830.670.950.920.00.550.720.9
0.960.870.950.560.980.370.890.540.97-0.190.540.82-0.320.980.740.840.990.710.640.750.94-0.140.630.790.96
-0.27-0.12-0.27-0.02-0.38-0.03-0.250.25-0.290.450.25-0.07-0.32-0.26-0.21-0.09-0.330.0-0.18-0.02-0.30.66-0.1-0.32-0.29
0.990.950.980.650.940.470.920.640.98-0.190.640.890.98-0.260.780.920.970.80.710.830.96-0.080.680.820.98
0.830.790.840.310.770.050.90.40.82-0.110.40.890.74-0.210.780.790.790.580.360.780.9-0.050.570.630.84
0.910.990.90.770.750.590.920.790.89-0.230.790.940.84-0.090.920.790.820.910.790.940.890.050.710.820.89
0.950.840.930.490.990.260.90.50.95-0.190.50.820.99-0.330.970.790.820.650.580.740.94-0.150.610.780.95
0.790.910.780.770.590.750.80.750.77-0.220.750.830.710.00.80.580.910.650.80.870.73-0.030.50.690.76
0.660.780.640.920.50.770.620.760.64-0.490.760.670.64-0.180.710.360.790.580.80.760.57-0.090.450.790.62
0.820.920.820.650.670.490.890.740.8-0.150.740.950.75-0.020.830.780.940.740.870.760.810.050.490.680.8
0.990.920.990.490.930.320.940.50.99-0.10.50.920.94-0.30.960.90.890.940.730.570.81-0.090.660.740.99
-0.080.02-0.080.11-0.20.06-0.10.25-0.10.530.250.0-0.140.66-0.08-0.050.05-0.15-0.03-0.090.05-0.090.18-0.12-0.1
0.680.720.670.550.590.430.580.530.67-0.060.530.550.63-0.10.680.570.710.610.50.450.490.660.180.60.67
0.780.790.760.80.730.490.80.660.77-0.650.660.720.79-0.320.820.630.820.780.690.790.680.74-0.120.60.76
1.00.931.00.560.930.40.920.541.0-0.110.540.90.96-0.290.980.840.890.950.760.620.80.99-0.10.670.76
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GB Group Account Relationship Matchups

GB Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets526.2M480.2M1.1B955.1M852.9M895.5M
Total Current Liabilities86.5M90M115.8M96.8M98.9M103.8M
Total Stockholder Equity344.9M364.3M787.1M694.1M625.1M656.4M
Property Plant And Equipment Net9.4M6.9M7.3M5.2M3.2M2.6M
Net Debt40.4M(17.2M)109.3M106.6M81.5M85.6M
Retained Earnings74.5M98.4M112.6M(15.2M)27.2M28.5M
Accounts Payable10.4M6.3M10.6M11.4M13.6M14.2M
Cash27.5M21.1M22.3M21.6M21.3M10.8M
Non Current Assets Total430.2M394.6M1.0B864.6M754.5M792.2M
Non Currrent Assets Other(303.3M)2.3M2.3M701K493K517.7K
Cash And Short Term Investments27.5M21.1M22.3M21.6M21.3M10.8M
Common Stock Shares Outstanding196.8M198.5M220.5M252.2M252.6M265.2M
Liabilities And Stockholders Equity526.2M480.2M1.1B955.1M852.9M895.5M
Non Current Liabilities Total94.8M26.0M199.2M164.2M128.9M135.3M
Other Current Assets7.9M8.2M10.5M10.8M9.4M8.6M
Total Liab181.3M116.0M315.0M261.0M227.8M239.2M
Property Plant And Equipment Gross9.4M6.9M7.3M18.6M21.4M22.5M
Total Current Assets96.0M85.7M101.0M90.6M98.4M103.3M
Short Long Term Debt Total67.9M3.9M131.6M128.2M102.8M108.0M
Other Current Liab31.1M34.2M40.1M23.1M30.1M31.6M
Short Term Debt2.0M1.7M1.8M1.2M836K1.2M
Common Stock Total Equity3.8M4.8M4.9M4.9M5.6M5.9M
Other Stockholder Equity261.6M234.4M566.8M566.5M567.5M595.8M
Common Stock4.9M4.9M6.3M6.3M6.3M7.8M
Inventory128K123K1.2M2.6M1.3M1.4M
Accumulated Other Comprehensive Income4.0M(16.6M)1.4M36.5M24.2M25.4M
Intangible Assets414.5M91.3M255.9M224.8M181.1M190.1M
Good Will303.3M286.4M713.6M626.4M561.6M589.7M
Net Receivables60.5M56.2M67.0M55.6M66.3M43.9M
Other Liab29.0M23.7M69.4M37.3M42.9M23.4M
Net Tangible Assets(69.6M)(13.4M)(182.4M)(157.1M)(141.4M)(134.3M)
Other Assets6.3M7.7M21.9M5.1M5.9M7.2M
Property Plant Equipment9.4M6.9M7.3M5.2M6.0M5.3M
Current Deferred Revenue37.6M78.3M97.5M82.9M53.0M48.1M
Long Term Debt62.1M0.0128.2M126.4M145.4M152.6M
Net Invested Capital407.1M364.3M915.4M820.6M943.6M565.1M
Net Working Capital9.5M(4.3M)(14.8M)(6.2M)(5.6M)(5.3M)

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Other Information on Investing in GBG Stock

Balance Sheet is a snapshot of the financial position of GB Group plc at a specified time, usually calculated after every quarter, six months, or one year. GB Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of GB Group and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which GBG currently owns. An asset can also be divided into two categories, current and non-current.