Gokul Depreciation And Amortization vs Income Tax Expense Analysis

GOKUL Stock   54.45  0.85  1.59%   
Gokul Refoils financial indicator trend analysis is much more than just examining Gokul Refoils latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gokul Refoils is a good investment. Please check the relationship between Gokul Refoils Depreciation And Amortization 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 Gokul Refoils and. 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.

Depreciation And Amortization vs Income Tax Expense

Depreciation And Amortization vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gokul Refoils Depreciation And Amortization account and Income Tax Expense. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Gokul Refoils' Depreciation And Amortization and Income Tax Expense is -0.5. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Gokul Refoils and, assuming nothing else is changed. The correlation between historical values of Gokul Refoils' Depreciation And Amortization 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 Depreciation And Amortization of Gokul Refoils and 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 Depreciation And Amortization i.e., Gokul Refoils' Depreciation And Amortization and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Income Tax Expense

Most indicators from Gokul Refoils' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gokul Refoils 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 Gokul Refoils and. 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.
As of the 2nd of December 2024, Discontinued Operations is likely to grow to about 347.1 M, while Selling General Administrative is likely to drop about 31.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.0B1.7B1.2B2.0B
Total Revenue30.5B31.4B30.2B27.4B

Gokul Refoils fundamental ratios Correlations

0.930.291.00.610.89-0.06-0.160.940.930.910.510.930.710.480.850.670.940.60.741.01.00.950.460.150.02
0.930.230.940.560.680.08-0.060.760.950.730.370.950.50.340.90.470.860.670.540.930.950.890.350.110.06
0.290.230.33-0.470.31-0.62-0.840.350.420.230.190.410.08-0.050.30.630.15-0.020.390.340.30.48-0.460.210.12
1.00.940.330.560.89-0.1-0.210.940.940.90.50.940.690.480.850.670.930.590.741.01.00.960.430.160.05
0.610.56-0.470.560.550.560.630.520.370.660.340.390.640.340.50.230.660.510.340.560.590.430.71-0.16-0.35
0.890.680.310.890.55-0.21-0.230.970.730.980.620.730.830.570.650.780.860.380.840.890.870.850.530.12-0.12
-0.060.08-0.62-0.10.56-0.210.7-0.22-0.22-0.08-0.07-0.210.11-0.19-0.07-0.330.110.23-0.13-0.1-0.06-0.170.1-0.13-0.3
-0.16-0.06-0.84-0.210.63-0.230.7-0.3-0.28-0.09-0.17-0.26-0.11-0.18-0.04-0.42-0.060.25-0.37-0.21-0.17-0.370.36-0.41-0.47
0.940.760.350.940.520.97-0.22-0.30.820.960.580.810.80.590.70.760.90.450.850.940.920.920.460.280.03
0.930.950.420.940.370.73-0.22-0.280.820.740.391.00.450.40.890.560.80.580.580.940.940.920.30.20.17
0.910.730.230.90.660.98-0.08-0.090.960.740.60.740.80.510.70.760.890.490.830.90.890.840.520.11-0.21
0.510.370.190.50.340.62-0.07-0.170.580.390.60.410.590.540.530.250.40.030.570.50.490.590.430.24-0.1
0.930.950.410.940.390.73-0.21-0.260.811.00.740.410.450.410.920.550.790.580.570.940.940.920.310.20.15
0.710.50.080.690.640.830.11-0.110.80.450.80.590.450.690.420.590.70.090.670.690.690.710.640.18-0.06
0.480.34-0.050.480.340.57-0.19-0.180.590.40.510.540.410.690.380.180.39-0.250.320.470.470.510.760.50.23
0.850.90.30.850.50.65-0.07-0.040.70.890.70.530.920.420.380.440.680.50.430.850.860.830.360.11-0.05
0.670.470.630.670.230.78-0.33-0.420.760.560.760.250.550.590.180.440.630.30.730.680.650.680.070.04-0.22
0.940.860.150.930.660.860.11-0.060.90.80.890.40.790.70.390.680.630.670.80.930.930.840.40.14-0.03
0.60.67-0.020.590.510.380.230.250.450.580.490.030.580.09-0.250.50.30.670.430.590.610.460.0-0.15-0.08
0.740.540.390.740.340.84-0.13-0.370.850.580.830.570.570.670.320.430.730.80.430.740.720.730.170.27-0.07
1.00.930.341.00.560.89-0.1-0.210.940.940.90.50.940.690.470.850.680.930.590.741.00.960.430.150.04
1.00.950.31.00.590.87-0.06-0.170.920.940.890.490.940.690.470.860.650.930.610.721.00.960.440.150.05
0.950.890.480.960.430.85-0.17-0.370.920.920.840.590.920.710.510.830.680.840.460.730.960.960.350.260.16
0.460.35-0.460.430.710.530.10.360.460.30.520.430.310.640.760.360.070.40.00.170.430.440.35-0.09-0.16
0.150.110.210.16-0.160.12-0.13-0.410.280.20.110.240.20.180.50.110.040.14-0.150.270.150.150.26-0.090.53
0.020.060.120.05-0.35-0.12-0.3-0.470.030.17-0.21-0.10.15-0.060.23-0.05-0.22-0.03-0.08-0.070.040.050.16-0.160.53
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Gokul Refoils Account Relationship Matchups

Gokul Refoils fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.0B7.0B8.4B8.4B7.4B9.6B
Short Long Term Debt Total2.3B2.8B3.7B4.2B3.3B3.3B
Other Current Liab1.6M(116.0M)69.2M201.0M70.1M66.6M
Total Current Liabilities2.9B4.2B5.3B4.9B3.9B6.4B
Total Stockholder Equity3.0B2.8B3.0B3.3B3.3B3.3B
Property Plant And Equipment Net758.7M702.7M721.3M980.3M1.0B1.6B
Net Debt2.1B2.6B3.6B3.6B3.2B2.3B
Retained Earnings2.1B1.9B2.1B2.4B2.4B2.3B
Accounts Payable207.4M906.3M1.5B642.8M629.6M598.1M
Cash199.7M204.6M72.9M679.5M156.7M148.9M
Non Current Assets Total1.0B1.1B1.4B1.9B1.7B1.8B
Cash And Short Term Investments737.1M399.6M362.3M1.7B563.3M535.1M
Net Receivables2.6B1.1B1.8B1.4B1.3B2.5B
Short Term Investments537.4M195.0M289.4M987.3M350.8M609.2M
Liabilities And Stockholders Equity6.0B7.0B8.4B8.4B7.4B9.6B
Non Current Liabilities Total51.2M38.1M33.4M266.9M223.4M212.2M
Inventory1.6B2.8B3.4B2.5B2.1B2.7B
Other Current Assets25.5M1.6B1.6B1.0B1.7B939.9M
Other Stockholder Equity(2.8B)(3.0B)698.6M171K(623.9M)(592.7M)
Total Liab2.9B4.3B5.4B5.2B4.1B7.1B
Total Current Assets4.9B5.9B7.0B6.6B5.7B7.7B
Accumulated Other Comprehensive Income(86.0M)(136.5M)(185.4M)698.6M803.4M843.6M
Intangible Assets1.0M656K338K215K348K330.6K
Current Deferred Revenue339.8M490.5M193.5M8.8M7.9M7.5M
Short Term Debt2.3B1.9B3.7B4.0B3.2B3.8B
Other Liab51.2M38.1M33.4M54.7M62.9M66.0M
Net Tangible Assets3.0B2.8B3.0B3.3B3.0B2.5B
Other Assets281.8M229.1M365.8M12.0M1.00.95
Short Long Term Debt2.3B2.8B3.7B4.0B3.2B2.7B
Property Plant Equipment747.1M702.7M721.3M980.3M882.3M1.3B
Cash And Equivalents244.4M237.2M104.7M679.5M781.4M820.4M
Net Invested Capital5.4B5.6B6.7B7.5B6.6B6.8B
Net Working Capital2.1B1.7B1.7B1.7B1.8B1.4B

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Other Information on Investing in Gokul Stock

Balance Sheet is a snapshot of the financial position of Gokul Refoils at a specified time, usually calculated after every quarter, six months, or one year. Gokul Refoils Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gokul Refoils 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 Gokul currently owns. An asset can also be divided into two categories, current and non-current.