Geo Debt Equity Ratio from 2010 to 2024

GEO Stock  USD 27.80  0.13  0.47%   
Geo Debt Equity Ratio yearly trend continues to be very stable with very little volatility. Debt Equity Ratio is likely to drop to 1.10. During the period from 2010 to 2024, Geo Debt Equity Ratio quarterly data regression pattern had sample variance of  0.44 and median of  2.07. View All Fundamentals
 
Debt Equity Ratio  
First Reported
2010-12-31
Previous Quarter
1.37846192
Current Value
1.1
Quarterly Volatility
0.66198911
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Geo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Geo's main balance sheet or income statement drivers, such as Depreciation And Amortization of 119.5 M, Interest Expense of 229.2 M or Total Revenue of 1.3 B, as well as many indicators such as Price To Sales Ratio of 0.52, Dividend Yield of 0.0279 or PTB Ratio of 0.97. Geo financial statements analysis is a perfect complement when working with Geo Valuation or Volatility modules.
  
Check out the analysis of Geo Correlation against competitors.

Latest Geo's Debt Equity Ratio Growth Pattern

Below is the plot of the Debt Equity Ratio of Geo Group over the last few years. It is Geo's Debt Equity Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Geo's overall financial position and show how it may be relating to other accounts over time.
Debt Equity Ratio10 Years Trend
Pretty Stable
   Debt Equity Ratio   
       Timeline  

Geo Debt Equity Ratio Regression Statistics

Arithmetic Mean2.05
Geometric Mean1.95
Coefficient Of Variation32.30
Mean Deviation0.55
Median2.07
Standard Deviation0.66
Sample Variance0.44
Range2.0908
R-Value0.15
Mean Square Error0.46
R-Squared0.02
Significance0.60
Slope0.02
Total Sum of Squares6.14

Geo Debt Equity Ratio History

2024 1.1
2023 1.38
2022 1.7
2021 3.02
2020 3.19
2019 2.88
2018 2.64

About Geo Financial Statements

Geo investors utilize fundamental indicators, such as Debt Equity Ratio, to predict how Geo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Debt Equity Ratio 1.38  1.10 

Pair Trading with Geo

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Geo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Geo will appreciate offsetting losses from the drop in the long position's value.

Moving together with Geo Stock

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Moving against Geo Stock

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The ability to find closely correlated positions to Geo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Geo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Geo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Geo Group to buy it.
The correlation of Geo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Geo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Geo Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Geo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Geo Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Geo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Geo Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Geo Group Stock:
Check out the analysis of Geo Correlation against competitors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Geo. If investors know Geo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Geo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.188
Earnings Share
0.28
Revenue Per Share
18.972
Quarterly Revenue Growth
0.001
Return On Assets
0.0555
The market value of Geo Group is measured differently than its book value, which is the value of Geo that is recorded on the company's balance sheet. Investors also form their own opinion of Geo's value that differs from its market value or its book value, called intrinsic value, which is Geo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Geo's market value can be influenced by many factors that don't directly affect Geo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Geo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Geo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Geo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.