Gorilla Long Term Debt vs Net Receivables Analysis

GRRRW Stock  USD 0.31  0.14  82.35%   
Gorilla Technology financial indicator trend analysis is much more than just examining Gorilla Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gorilla Technology is a good investment. Please check the relationship between Gorilla Technology Long Term Debt and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gorilla Technology 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 metropolitan statistical area.

Long Term Debt vs Net Receivables

Long Term Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gorilla Technology Long Term Debt account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Gorilla Technology's Long Term Debt and Net Receivables is 0.41. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Gorilla Technology Group, assuming nothing else is changed. The correlation between historical values of Gorilla Technology's Long Term Debt and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Gorilla Technology Group are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Long Term Debt i.e., Gorilla Technology's Long Term Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Long Term Debt

Long-term debt is a debt that Gorilla Technology has held for over one year. Long-term debt appears on Gorilla Technology Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Gorilla Technology Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Receivables

Most indicators from Gorilla Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gorilla Technology 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 Gorilla Technology 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 metropolitan statistical area.
At this time, Gorilla Technology's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 17.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 15.5 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization8.7M7.6M1.2M1.2M
Interest Income37.9K235.9K770.4K808.9K

Gorilla Technology fundamental ratios Correlations

0.760.320.580.520.060.030.790.110.28-0.710.620.05-0.270.070.730.220.51-0.270.36-0.140.5-0.040.60.630.58
0.760.40.590.160.16-0.310.90.060.42-0.790.440.00.03-0.170.640.060.470.020.76-0.090.39-0.120.650.30.46
0.320.40.87-0.62-0.83-0.880.51-0.880.87-0.77-0.520.86-0.790.74-0.260.850.96-0.8-0.1-0.90.940.810.87-0.470.92
0.580.590.87-0.29-0.65-0.750.79-0.660.91-0.84-0.130.78-0.620.630.180.830.87-0.630.15-0.730.820.70.99-0.040.84
0.520.16-0.62-0.290.70.820.120.82-0.570.170.94-0.660.37-0.480.76-0.49-0.440.380.280.66-0.39-0.66-0.30.95-0.33
0.060.16-0.83-0.650.70.76-0.060.98-0.720.350.76-0.970.87-0.950.59-0.94-0.750.880.530.89-0.77-0.98-0.60.59-0.71
0.03-0.31-0.88-0.750.820.76-0.410.87-0.880.570.65-0.840.51-0.60.36-0.74-0.730.52-0.050.76-0.67-0.78-0.760.64-0.63
0.790.90.510.790.12-0.06-0.41-0.120.66-0.890.380.24-0.110.030.670.330.59-0.120.57-0.330.50.130.830.320.56
0.110.06-0.88-0.660.820.980.87-0.12-0.780.420.82-0.960.8-0.870.61-0.89-0.770.810.420.91-0.77-0.96-0.630.7-0.71
0.280.420.870.91-0.57-0.72-0.880.66-0.78-0.78-0.40.83-0.530.58-0.030.810.82-0.540.01-0.850.740.760.92-0.350.74
-0.71-0.79-0.77-0.840.170.350.57-0.890.42-0.78-0.03-0.440.42-0.26-0.35-0.5-0.850.43-0.250.65-0.78-0.35-0.880.02-0.83
0.620.44-0.52-0.130.940.760.650.380.82-0.4-0.03-0.650.49-0.590.92-0.5-0.360.50.560.64-0.36-0.7-0.110.95-0.28
0.050.00.860.78-0.66-0.97-0.840.24-0.960.83-0.44-0.65-0.810.92-0.420.980.77-0.82-0.34-0.870.770.990.74-0.480.72
-0.270.03-0.79-0.620.370.870.51-0.110.8-0.530.420.49-0.81-0.930.41-0.86-0.821.00.530.8-0.89-0.82-0.560.31-0.85
0.07-0.170.740.63-0.48-0.95-0.60.03-0.870.58-0.26-0.590.92-0.93-0.490.940.69-0.93-0.51-0.760.760.940.55-0.360.7
0.730.64-0.260.180.760.590.360.670.61-0.03-0.350.92-0.420.41-0.49-0.28-0.110.410.630.37-0.16-0.50.210.86-0.07
0.220.060.850.83-0.49-0.94-0.740.33-0.890.81-0.5-0.50.98-0.860.94-0.280.8-0.86-0.34-0.850.810.970.78-0.30.78
0.510.470.960.87-0.44-0.75-0.730.59-0.770.82-0.85-0.360.77-0.820.69-0.110.8-0.82-0.13-0.880.990.710.87-0.310.99
-0.270.02-0.8-0.630.380.880.52-0.120.81-0.540.430.5-0.821.0-0.930.41-0.86-0.820.520.8-0.89-0.83-0.570.31-0.86
0.360.76-0.10.150.280.53-0.050.570.420.01-0.250.56-0.340.53-0.510.63-0.34-0.130.520.46-0.21-0.440.220.41-0.16
-0.14-0.09-0.9-0.730.660.890.76-0.330.91-0.850.650.64-0.870.8-0.760.37-0.85-0.880.80.46-0.87-0.85-0.720.56-0.84
0.50.390.940.82-0.39-0.77-0.670.5-0.770.74-0.78-0.360.77-0.890.76-0.160.810.99-0.89-0.21-0.870.730.81-0.281.0
-0.04-0.120.810.7-0.66-0.98-0.780.13-0.960.76-0.35-0.70.99-0.820.94-0.50.970.71-0.83-0.44-0.850.730.65-0.50.67
0.60.650.870.99-0.3-0.6-0.760.83-0.630.92-0.88-0.110.74-0.560.550.210.780.87-0.570.22-0.720.810.65-0.050.83
0.630.3-0.47-0.040.950.590.640.320.7-0.350.020.95-0.480.31-0.360.86-0.3-0.310.310.410.56-0.28-0.5-0.05-0.22
0.580.460.920.84-0.33-0.71-0.630.56-0.710.74-0.83-0.280.72-0.850.7-0.070.780.99-0.86-0.16-0.841.00.670.83-0.22
Click cells to compare fundamentals

Gorilla Technology Account Relationship Matchups

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.

Additional Tools for Gorilla Stock Analysis

When running Gorilla Technology's price analysis, check to measure Gorilla Technology'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 Gorilla Technology is operating at the current time. Most of Gorilla Technology's value examination focuses on studying past and present price action to predict the probability of Gorilla Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gorilla Technology's price. Additionally, you may evaluate how the addition of Gorilla Technology to your portfolios can decrease your overall portfolio volatility.