Getty Total Current Assets vs Net Debt Analysis
GETY Stock | USD 2.93 0.01 0.34% |
Getty Images financial indicator trend analysis is much more than just examining Getty Images Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Getty Images Holdings is a good investment. Please check the relationship between Getty Images Total Current Assets and its Net Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Getty Images Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Total Current Assets vs Net Debt
Total Current Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Getty Images Holdings Total Current Assets account and Net Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between Getty Images' Total Current Assets and Net Debt is 0.24. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Getty Images Holdings, assuming nothing else is changed. The correlation between historical values of Getty Images' Total Current Assets and Net Debt 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 Current Assets of Getty Images Holdings are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Assets i.e., Getty Images' Total Current Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Getty Images' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Getty Images Holdings 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 Getty Images Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, Getty Images' Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 15.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 347.7 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | EBIT | 203.4M | 83.7M | 112.2M | 132.1M | Other Operating Expenses | 717.2M | 724.2M | 788.9M | 528.3M |
Getty Images fundamental ratios Correlations
Click cells to compare fundamentals
Getty Images Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Getty Images' price analysis, check to measure Getty Images' 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 Getty Images is operating at the current time. Most of Getty Images' value examination focuses on studying past and present price action to predict the probability of Getty Images' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Getty Images' price. Additionally, you may evaluate how the addition of Getty Images to your portfolios can decrease your overall portfolio volatility.