Ganesh Depreciation And Amortization vs Income Before Tax Analysis
GANESHHOUC | 1,188 64.45 5.15% |
Ganesh Housing financial indicator trend analysis is much more than just examining Ganesh Housing latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ganesh Housing is a good investment. Please check the relationship between Ganesh Housing Depreciation And Amortization and its Income Before Tax accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ganesh Housing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Depreciation And Amortization vs Income Before Tax
Depreciation And Amortization vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ganesh Housing Depreciation And Amortization account and Income Before Tax. At this time, the significance of the direction appears to have very week relationship.
The correlation between Ganesh Housing's Depreciation And Amortization and Income Before Tax is 0.23. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Ganesh Housing, assuming nothing else is changed. The correlation between historical values of Ganesh Housing's Depreciation And Amortization and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Ganesh Housing are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Depreciation And Amortization i.e., Ganesh Housing's Depreciation And Amortization and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Ganesh Housing income statement and is an important metric when analyzing Ganesh Housing profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from Ganesh Housing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ganesh Housing 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 Ganesh Housing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. The Ganesh Housing's current Selling General Administrative is estimated to increase to about 186.7 M. The Ganesh Housing's current Tax Provision is estimated to increase to about 1.7 B
Ganesh Housing fundamental ratios Correlations
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Ganesh Housing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ganesh Housing fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.7B | 11.3B | 11.8B | 14.2B | 17.7B | 13.6B | |
Short Long Term Debt Total | 5.3B | 4.1B | 1.4B | 35.7M | 260.4M | 247.4M | |
Other Current Liab | 53.2M | 419.2M | 57.7M | 1.5B | 1.4B | 1.5B | |
Total Current Liabilities | 3.1B | 3.1B | 2.2B | 2.3B | 1.9B | 2.7B | |
Total Stockholder Equity | 6.2B | 5.0B | 7.9B | 11.1B | 15.5B | 7.8B | |
Property Plant And Equipment Net | 2.1B | 1.9B | 1.9B | 2.2B | 3.7B | 3.9B | |
Net Debt | 5.3B | 4.0B | 1.4B | (1.4B) | (480.8M) | (456.7M) | |
Cash | 47.6M | 51.9M | 55.1M | 1.4B | 741.2M | 778.2M | |
Non Current Assets Total | 3.2B | 3.1B | 6.0B | 3.0B | 6.0B | 3.4B | |
Non Currrent Assets Other | (2.3B) | 158.8M | 3.3B | 2.0B | 1.6B | 1.2B | |
Cash And Short Term Investments | 162.9M | 193.7M | 133.8M | 3.3B | 2.3B | 2.4B | |
Net Receivables | 4.9B | 4.2B | 1.2B | 900.8M | 1.2B | 1.2B | |
Liabilities And Stockholders Equity | 13.7B | 11.3B | 11.8B | 14.2B | 17.7B | 13.6B | |
Non Current Liabilities Total | 3.5B | 2.3B | 790.2M | 84.2M | 256.4M | 243.6M | |
Inventory | 5.4B | 3.7B | 4.3B | 5.1B | 4.4B | 4.0B | |
Other Current Assets | 4.9B | 3.7B | 165.7M | 1.9B | 3.9B | 2.3B | |
Total Liab | 6.5B | 5.4B | 3.0B | 2.4B | 2.2B | 2.1B | |
Total Current Assets | 10.5B | 8.2B | 5.8B | 11.2B | 11.7B | 10.2B | |
Accumulated Other Comprehensive Income | (129.3M) | 925.3M | 965.3M | 3.2B | 3.2B | 3.3B | |
Accounts Payable | 345.7M | 102.1M | 129.2M | 144.1M | 191.6M | 242.3M | |
Intangible Assets | 1.0M | 571.0K | 222K | 50K | 42K | 39.9K | |
Current Deferred Revenue | 696.7M | 1.1B | 1.3B | 258.8M | 322.7M | 615.9M | |
Retained Earnings | 2.3B | 1.3B | 1.9B | 3.9B | 7.3B | 4.1B | |
Short Term Investments | 115.3M | 141.8M | 78.7M | 1.8B | 1.6B | 1.6B | |
Short Term Debt | 2.0B | 1.8B | 730.3M | 10.8M | 35.0M | 33.3M | |
Other Liab | 116.5M | (1K) | 118.3M | 59.2M | 53.3M | 50.6M | |
Net Tangible Assets | 7.3B | 6.1B | 4.9B | 7.7B | 7.0B | 5.8B | |
Other Assets | 990.5M | 1.1B | 4.0B | 7.5M | 2K | 1.9K | |
Long Term Debt | 3.3B | 2.3B | 671.9M | 24.9M | 225.4M | 214.1M | |
Short Long Term Debt | 2.0B | 736.6M | 747.0M | 10.8M | 35.0M | 33.3M | |
Property Plant Equipment | 2.1B | 1.9B | 1.9B | 2.2B | 2.5B | 2.1B | |
Long Term Debt Total | 3.4B | 2.3B | 671.9M | 24.9M | 22.4M | 21.3M | |
Non Current Liabilities Other | 146.6M | 116.5M | (1K) | 1K | 900.0 | 855.0 | |
Net Invested Capital | 11.6B | 8.1B | 9.3B | 11.1B | 15.8B | 9.8B |
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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 Ganesh Stock
Balance Sheet is a snapshot of the financial position of Ganesh Housing at a specified time, usually calculated after every quarter, six months, or one year. Ganesh Housing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ganesh Housing 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 Ganesh currently owns. An asset can also be divided into two categories, current and non-current.