GSTechnologies Reconciled Depreciation vs Income Tax Expense Analysis

GST Stock   1.60  0.03  1.84%   
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 Reconciled Depreciation 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 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.

Reconciled Depreciation vs Income Tax Expense

Reconciled Depreciation vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GSTechnologies Reconciled Depreciation account and Income Tax Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between GSTechnologies' Reconciled Depreciation and Income Tax Expense is -0.13. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of GSTechnologies, assuming nothing else is changed. The correlation between historical values of GSTechnologies' Reconciled Depreciation 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 Reconciled Depreciation of GSTechnologies 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 Reconciled Depreciation i.e., GSTechnologies' Reconciled Depreciation and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Reconciled Depreciation

Income Tax Expense

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 20, 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.