GSTechnologies Total Stockholder Equity vs Accounts Payable 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 Total Stockholder Equity and its Accounts Payable 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.
Total Stockholder Equity vs Accounts Payable
Total Stockholder Equity vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GSTechnologies Total Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have almost no relationship.
The correlation between GSTechnologies' Total Stockholder Equity and Accounts Payable is 0.18. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of GSTechnologies, assuming nothing else is changed. The correlation between historical values of GSTechnologies' Total Stockholder Equity and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of GSTechnologies are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Stockholder Equity i.e., GSTechnologies' Total Stockholder Equity and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.18 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Accounts Payable
An accounting item on the balance sheet that represents GSTechnologies obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of GSTechnologies are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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
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GSTechnologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GSTechnologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.1M | 2.6M | 4.6M | 8.2M | 6.7M | 7.5M | |
Total Current Liabilities | 1.7M | 674K | 1.6M | 1.5M | 2.8M | 1.1M | |
Total Stockholder Equity | 2.3M | 1.9M | 1.8M | 6.0M | 3.9M | 6.3M | |
Net Debt | (871K) | (444K) | 94.9K | (3.8M) | (3.9M) | (2.4M) | |
Retained Earnings | 1.2M | 947K | 457K | (973K) | (2.6M) | (3.8M) | |
Accounts Payable | 1.4M | 389K | 471K | 218K | 2.3M | 838K | |
Non Current Assets Total | 183K | 301K | 281K | 314K | 2.1M | 4.0M | |
Liabilities And Stockholders Equity | 4.1M | 2.6M | 4.6M | 8.2M | 6.7M | 7.5M | |
Other Current Assets | 253K | 621K | 1.1M | 2.0M | 335K | 667K | |
Total Liab | 1.7M | 736K | 2.8M | 2.2M | 2.8M | 1.3M | |
Total Current Assets | 3.9M | 2.3M | 4.3M | 7.9M | 4.6M | 3.5M | |
Cash | 871K | 561K | 1.7M | 5.1M | 4.3M | 2.6M | |
Cash And Short Term Investments | 871K | 561K | 1.7M | 5.1M | 4.3M | 2.6M | |
Other Current Liab | 348K | 230K | 535K | 676K | 148K | 196K | |
Property Plant And Equipment Net | 177K | 296K | 275K | 270K | 95K | 192K | |
Net Receivables | 2.4M | 1.1M | 1.5M | 775K | 19K | 216K | |
Inventory | 315K | 312K | 18K | 16K | 59K | 10K | |
Other Stockholder Equity | (179K) | (1.7M) | (1.4M) | (1.6M) | (2.8M) | (440K) | |
Property Plant And Equipment Gross | 177K | 296K | 275K | 1.2M | 219K | 502K | |
Net Tangible Assets | 2.3M | 1.9M | 1.8M | 6.0M | 6.9M | 7.2M | |
Net Invested Capital | 1.9M | 3.5M | 7.2M | 4.2M | 6.3M | 4.6M | |
Net Working Capital | 1.6M | 2.8M | 6.4M | 1.8M | 2.4M | 3.2M | |
Property Plant Equipment | 177K | 295K | 275K | 270K | 310.5K | 258.5K |
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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.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.