GTECJAINX Net Income From Continuing Ops vs Selling General Administrative Analysis
| GTECJAINX | 35.36 1.14 3.33% |
G Tec financial indicator trend analysis is much more than just examining G Tec Jainx latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether G Tec Jainx is a good investment. Please check the relationship between G Tec Net Income From Continuing Ops and its Selling General Administrative accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in G Tec Jainx Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
Net Income From Continuing Ops vs Selling General Administrative
Net Income From Continuing Ops vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of G Tec Jainx Net Income From Continuing Ops account and Selling General Administrative. At this time, the significance of the direction appears to have very strong relationship.
The correlation between G Tec's Net Income From Continuing Ops and Selling General Administrative is 0.89. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of G Tec Jainx Education, assuming nothing else is changed. The correlation between historical values of G Tec's Net Income From Continuing Ops and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of G Tec Jainx Education are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Net Income From Continuing Ops i.e., G Tec's Net Income From Continuing Ops and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.89 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Net Income From Continuing Ops
Selling General Administrative
Most indicators from G Tec's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into G Tec Jainx 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 G Tec Jainx Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. The current Tax Provision is estimated to decrease to about (251.2 K). The current Selling General Administrative is estimated to decrease to about 13.8 M
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 66K | 267K | 240.3K | 238.4K | Interest Income | 62K | 162K | 145.8K | 138.8K |
G Tec fundamental ratios Correlations
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G Tec Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of G Tec Jainx at a specified time, usually calculated after every quarter, six months, or one year. G Tec Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of G Tec 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 GTECJAINX currently owns. An asset can also be divided into two categories, current and non-current.