Great Other Operating Expenses vs Income Before Tax Analysis
| GR Stock | CAD 0.06 0.00 0.00% |
Great Atlantic financial indicator trend analysis is much more than just examining Great Atlantic Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Great Atlantic Resources is a good investment. Please check the relationship between Great Atlantic Other Operating Expenses and its Income Before Tax accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Great Atlantic Resources. 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.
Other Operating Expenses vs Income Before Tax
Other Operating Expenses vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Great Atlantic Resources Other Operating Expenses account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between Great Atlantic's Other Operating Expenses and Income Before Tax is -0.95. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Great Atlantic Resources, assuming nothing else is changed. The correlation between historical values of Great Atlantic's Other Operating Expenses and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Great Atlantic Resources are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Other Operating Expenses i.e., Great Atlantic's Other Operating Expenses and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.95 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Great Atlantic Resources. It is also known as Great Atlantic overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Great Atlantic income statement and is an important metric when analyzing Great Atlantic Resources profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from Great Atlantic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Great Atlantic Resources 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 Great Atlantic Resources. 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. At this time, Great Atlantic's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 2.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 421.6 K in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 166.9K | 250.0K | 229.8K | 241.3K | Income Tax Expense | 670.4K | 271.6K | 3.0 | 2.85 |
Great Atlantic fundamental ratios Correlations
Click cells to compare fundamentals
Great Atlantic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Great Stock Analysis
When running Great Atlantic's price analysis, check to measure Great Atlantic's 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 Great Atlantic is operating at the current time. Most of Great Atlantic's value examination focuses on studying past and present price action to predict the probability of Great Atlantic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Great Atlantic's price. Additionally, you may evaluate how the addition of Great Atlantic to your portfolios can decrease your overall portfolio volatility.