GSTechnologies Other Operating Expenses vs Depreciation And Amortization Analysis

GST Stock   2.20  0.12  5.77%   
GSTechnologies financial indicator trend analysis is much more than just examining GSTechnologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GSTechnologies is a good investment. Please check the relationship between GSTechnologies Other Operating Expenses and its Depreciation And Amortization accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GSTechnologies. 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.

Other Operating Expenses vs Depreciation And Amortization

Other Operating Expenses vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GSTechnologies Other Operating Expenses account and Depreciation And Amortization. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between GSTechnologies' Other Operating Expenses and Depreciation And Amortization is -0.26. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of GSTechnologies, assuming nothing else is changed. The correlation between historical values of GSTechnologies' Other Operating Expenses and Depreciation And Amortization 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 GSTechnologies are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Other Operating Expenses i.e., GSTechnologies' Other Operating Expenses and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of GSTechnologies. It is also known as GSTechnologies 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.

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.
Most indicators from GSTechnologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GSTechnologies 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 GSTechnologies. 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 December 29, 2024, Selling General Administrative is expected to decline to about 457 K. Tax Provision is expected to grow at the current pace this year

GSTechnologies fundamental ratios Correlations

0.390.710.91-0.760.060.410.450.410.050.160.730.750.190.57-0.18-0.410.790.790.47-0.38-0.32-0.740.680.080.43
0.390.480.120.020.34-0.09-0.17-0.15-0.220.290.710.480.82-0.06-0.31-0.850.370.370.7-0.25-0.17-0.590.460.020.88
0.710.480.4-0.440.270.760.250.04-0.140.00.940.560.450.55-0.38-0.340.560.560.38-0.43-0.17-0.660.72-0.190.35
0.910.120.4-0.8-0.190.180.560.660.260.040.40.57-0.040.510.1-0.20.670.670.24-0.13-0.39-0.540.460.290.2
-0.760.02-0.44-0.80.17-0.37-0.36-0.590.01-0.1-0.37-0.560.1-0.49-0.110.15-0.75-0.75-0.160.190.380.36-0.3-0.17-0.02
0.060.340.27-0.190.170.28-0.09-0.75-0.440.080.340.240.220.13-0.91-0.310.140.140.4-0.460.03-0.290.62-0.280.36
0.41-0.090.760.18-0.370.280.32-0.12-0.13-0.010.580.33-0.070.69-0.470.150.390.390.02-0.470.0-0.420.45-0.4-0.09
0.45-0.170.250.56-0.36-0.090.320.480.43-0.380.16-0.08-0.150.85-0.030.340.160.16-0.260.17-0.46-0.50.340.28-0.11
0.41-0.150.040.66-0.59-0.75-0.120.480.5-0.22-0.040.04-0.020.30.720.160.30.3-0.30.36-0.52-0.07-0.20.46-0.22
0.05-0.22-0.140.260.01-0.44-0.130.430.5-0.43-0.14-0.28-0.30.120.370.11-0.15-0.15-0.240.7-0.05-0.13-0.10.68-0.08
0.160.290.00.04-0.10.08-0.01-0.38-0.22-0.430.130.550.14-0.17-0.29-0.410.430.430.58-0.570.21-0.28-0.14-0.250.34
0.730.710.940.4-0.370.340.580.16-0.04-0.140.130.640.530.42-0.45-0.60.580.580.61-0.41-0.11-0.790.76-0.110.65
0.750.480.560.57-0.560.240.33-0.080.04-0.280.550.640.250.19-0.35-0.570.890.890.67-0.61-0.07-0.560.48-0.150.5
0.190.820.45-0.040.10.22-0.07-0.15-0.02-0.30.140.530.25-0.01-0.14-0.50.260.260.34-0.23-0.4-0.320.25-0.080.47
0.57-0.060.550.51-0.490.130.690.850.30.12-0.170.420.19-0.01-0.290.270.450.45-0.18-0.27-0.54-0.590.46-0.12-0.08
-0.18-0.31-0.380.1-0.11-0.91-0.47-0.030.720.37-0.29-0.45-0.35-0.14-0.290.29-0.24-0.24-0.50.54-0.140.51-0.630.29-0.38
-0.41-0.85-0.34-0.20.15-0.310.150.340.160.11-0.41-0.6-0.57-0.50.270.29-0.42-0.42-0.880.13-0.10.52-0.41-0.23-0.91
0.790.370.560.67-0.750.140.390.160.3-0.150.430.580.890.260.45-0.24-0.421.00.42-0.54-0.43-0.580.39-0.070.35
0.790.370.560.67-0.750.140.390.160.3-0.150.430.580.890.260.45-0.24-0.421.00.42-0.54-0.43-0.580.39-0.070.35
0.470.70.380.24-0.160.40.02-0.26-0.3-0.240.580.610.670.34-0.18-0.5-0.880.420.42-0.290.34-0.620.50.160.81
-0.38-0.25-0.43-0.130.19-0.46-0.470.170.360.7-0.57-0.41-0.61-0.23-0.270.540.13-0.54-0.54-0.290.110.24-0.320.81-0.17
-0.32-0.17-0.17-0.390.380.030.0-0.46-0.52-0.050.21-0.11-0.07-0.4-0.54-0.14-0.1-0.43-0.430.340.110.17-0.120.00.06
-0.74-0.59-0.66-0.540.36-0.29-0.42-0.5-0.07-0.13-0.28-0.79-0.56-0.32-0.590.510.52-0.58-0.58-0.620.240.17-0.67-0.18-0.67
0.680.460.720.46-0.30.620.450.34-0.2-0.1-0.140.760.480.250.46-0.63-0.410.390.390.5-0.32-0.12-0.670.00.5
0.080.02-0.190.29-0.17-0.28-0.40.280.460.68-0.25-0.11-0.15-0.08-0.120.29-0.23-0.07-0.070.160.810.0-0.180.00.12
0.430.880.350.2-0.020.36-0.09-0.11-0.22-0.080.340.650.50.47-0.08-0.38-0.910.350.350.81-0.170.06-0.670.50.12
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GSTechnologies Account Relationship Matchups

GSTechnologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.1M2.6M4.6M8.2M6.7M7.5M
Total Current Liabilities1.7M674K1.6M1.5M2.8M1.1M
Total Stockholder Equity2.3M1.9M1.8M6.0M3.9M6.3M
Net Debt(871K)(444K)94.9K(3.8M)(3.9M)(2.4M)
Retained Earnings1.2M947K457K(973K)(2.6M)(3.8M)
Accounts Payable1.4M389K471K218K2.3M838K
Non Current Assets Total183K301K281K314K2.1M4.0M
Liabilities And Stockholders Equity4.1M2.6M4.6M8.2M6.7M7.5M
Other Current Assets253K621K1.1M2.0M335K667K
Total Liab1.7M736K2.8M2.2M2.8M1.3M
Total Current Assets3.9M2.3M4.3M7.9M4.6M3.5M
Cash871K561K1.7M5.1M4.3M2.6M
Cash And Short Term Investments871K561K1.7M5.1M4.3M2.6M
Other Current Liab348K230K535K676K148K196K
Property Plant And Equipment Net177K296K275K270K95K192K
Net Receivables2.4M1.1M1.5M775K19K216K
Inventory315K312K18K16K59K10K
Other Stockholder Equity(179K)(1.7M)(1.4M)(1.6M)(2.8M)(440K)
Property Plant And Equipment Gross177K296K275K1.2M219K502K
Net Tangible Assets2.3M1.9M1.8M6.0M6.9M7.2M
Net Invested Capital1.9M3.5M7.2M4.2M6.3M4.6M
Net Working Capital1.6M2.8M6.4M1.8M2.4M3.2M
Property Plant Equipment177K295K275K270K310.5K258.5K

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Other Information on Investing in GSTechnologies Stock

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