GDC Total Other Income Expense Net vs Income Tax Expense Analysis
GDC Stock | 2.45 0.09 3.54% |
GD Culture financial indicator trend analysis is much more than just examining GD Culture Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GD Culture Group is a good investment. Please check the relationship between GD Culture Total Other Income Expense Net 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 GD Culture Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Total Other Income Expense Net vs Income Tax Expense
Total Other Income Expense Net vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GD Culture Group Total Other Income Expense Net account and Income Tax Expense. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between GD Culture's Total Other Income Expense Net and Income Tax Expense is 0.45. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of GD Culture Group, assuming nothing else is changed. The correlation between historical values of GD Culture's Total Other Income Expense Net 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 Total Other Income Expense Net of GD Culture Group 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 Total Other Income Expense Net i.e., GD Culture's Total Other Income Expense Net and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.45 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Other Income Expense Net
Income Tax Expense
Most indicators from GD Culture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GD Culture Group 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 GD Culture Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. At present, GD Culture's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 33.12, whereas Tax Provision is forecasted to decline to 979.83.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 96.0 | 87.0 | 81.0 | 76.95 | Depreciation And Amortization | 1.3M | 718.0 | 346.8K | 327.0K |
GD Culture fundamental ratios Correlations
Click cells to compare fundamentals
GD Culture Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GD Culture fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 22.4M | 25.1M | 50.5M | 3.8M | 14.2M | 25.8M | |
Other Current Liab | 14.3M | 1.4M | 12.2M | 2.1K | 44.2K | 42.0K | |
Total Current Liabilities | 16.2M | 3.2M | 18.4M | 333.8K | 403.2K | 383.0K | |
Total Stockholder Equity | 6.0M | 21.9M | 32.1M | 3.5M | 8.3M | 14.8M | |
Net Debt | (1.0M) | 68.8K | (14.1M) | (193.4K) | (3.5M) | (3.3M) | |
Retained Earnings | (1.6M) | 951.8K | (26.0M) | (56.8M) | (69.4M) | (65.9M) | |
Accounts Payable | 1.4M | 344.1K | 1.1M | 3.5M | 127.5K | 0.0 | |
Cash | 2.5M | 998.7K | 14.6M | 389.1K | 5.2M | 3.1M | |
Non Current Assets Total | 10.9M | 13.2M | 34.6M | 2.2M | 5.1M | 4.9M | |
Cash And Short Term Investments | 2.5M | 4.3M | 14.6M | 389.1K | 5.2M | 3.5M | |
Common Stock Shares Outstanding | 748.3K | 948.4K | 1.3M | 1.5M | 3.2M | 3.4M | |
Liabilities And Stockholders Equity | 22.4M | 25.1M | 50.5M | 3.8M | 14.2M | 25.8M | |
Non Current Liabilities Total | 300.7K | 33.7K | 8.7K | 0.0 | 1.6M | 1.6M | |
Other Stockholder Equity | 8.4M | 20.0M | 57.9M | 60.1M | 77.5M | 81.4M | |
Total Liab | 16.5M | 3.2M | 18.5M | 333.8K | 2.0M | 1.9M | |
Total Current Assets | 11.6M | 12.0M | 15.9M | 1.6M | 9.1M | 7.4M | |
Common Stock | 2.1K | 2.9K | 4.6K | 184.0 | 545.0 | 517.75 | |
Short Long Term Debt Total | 1.5M | 1.1M | 488.5K | 195.7K | 1.7M | 1.6M | |
Property Plant And Equipment Net | 109.3K | 151.9K | 28.0M | 502.0 | 1.6M | 1.5M | |
Non Currrent Assets Other | 3.4M | (13.0M) | (25.2M) | (2.2M) | 250.7K | 263.3K | |
Net Receivables | 2.3M | 1.9M | 1.3M | 1.2M | 2.6M | 1.9M | |
Inventory | 1.2M | 1.0M | 3.7K | 1.0 | 0.9 | 0.86 | |
Other Current Assets | 5.6M | 4.8M | 1.3M | 1.0M | 1.3M | 2.2M | |
Accumulated Other Comprehensive Income | (832.3K) | 935.6K | 225.9K | 183.9K | 175.3K | 184.1K | |
Short Term Debt | 1.4M | 576.4K | 479.7K | 195.7K | 359.0K | 341.0K |
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 GD Culture Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GD Culture's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gd Culture Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gd Culture Group Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GD Culture Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Movies & Entertainment 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 GD Culture. If investors know GDC 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 GD Culture listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.87) | Revenue Per Share (0.02) | Return On Assets (1.12) | Return On Equity (2.19) |
The market value of GD Culture Group is measured differently than its book value, which is the value of GDC that is recorded on the company's balance sheet. Investors also form their own opinion of GD Culture's value that differs from its market value or its book value, called intrinsic value, which is GD Culture's 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 GD Culture's market value can be influenced by many factors that don't directly affect GD Culture's 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 GD Culture's value and its price as these two are different measures arrived at by different means. Investors typically determine if GD Culture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GD Culture's 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.