GASS Stock | | | USD 5.43 0.37 7.31% |
StealthGas financial indicator trend analysis is much more than just breaking down StealthGas prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether StealthGas is a good investment. Please check the relationship between StealthGas Selling And Marketing Expenses and its Net Income accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in StealthGas. 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.
For more information on how to buy StealthGas Stock please use our
How to Invest in StealthGas guide.
Selling And Marketing Expenses vs Net Income
Selling And Marketing Expenses vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
StealthGas Selling And Marketing Expenses account and
Net Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between StealthGas' Selling And Marketing Expenses and Net Income is 0.37. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Net Income in the same time period over historical financial statements of StealthGas, assuming nothing else is changed. The correlation between historical values of StealthGas' Selling And Marketing Expenses and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of StealthGas are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Selling And Marketing Expenses i.e., StealthGas' Selling And Marketing Expenses and Net Income go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Selling And Marketing Expenses
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in StealthGas financial statement analysis. It represents the amount of money remaining after all of StealthGas operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from StealthGas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into StealthGas 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 StealthGas. 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.
For more information on how to buy StealthGas Stock please use our
How to Invest in StealthGas guide.At this time, StealthGas'
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 318.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 9.3
M in 2024.
StealthGas fundamental ratios Correlations
Click cells to compare fundamentals
StealthGas Account Relationship Matchups
High Positive Relationship
High Negative Relationship
StealthGas fundamental ratios Accounts
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Additional Tools for StealthGas Stock Analysis
When running StealthGas' price analysis, check to
measure StealthGas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy StealthGas is operating at the current time. Most of StealthGas' value examination focuses on studying past and present price action to
predict the probability of StealthGas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move StealthGas' price. Additionally, you may evaluate how the addition of StealthGas to your portfolios can decrease your overall portfolio volatility.