Grid Depreciation vs Investments Analysis
| GDYN Stock | USD 20.34 0.78 3.69% |
Grid Dynamics financial indicator trend analysis is much more than just examining Grid Dynamics Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grid Dynamics Holdings is a good investment. Please check the relationship between Grid Dynamics Depreciation and its Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grid Dynamics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Depreciation vs Investments
Depreciation vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grid Dynamics Holdings Depreciation account and Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Grid Dynamics' Depreciation and Investments is -0.85. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Investments in the same time period over historical financial statements of Grid Dynamics Holdings, assuming nothing else is changed. The correlation between historical values of Grid Dynamics' Depreciation and Investments 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 of Grid Dynamics Holdings are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Depreciation i.e., Grid Dynamics' Depreciation and Investments go up and down completely randomly.
Correlation Coefficient | -0.85 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Depreciation
Depreciation indicates how much of Grid Dynamics Holdings value has been used up. For tax purposes Grid Dynamics can deduct the cost of the tangible assets it purchases as business expenses. However, Grid Dynamics Holdings must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Most indicators from Grid Dynamics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grid Dynamics Holdings 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 Grid Dynamics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. As of the 13th of January 2025, Tax Provision is likely to grow to about 11.5 M, while Selling General Administrative is likely to drop about 53.4 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 120.6M | 113.1M | 130.1M | 75.5M | Total Revenue | 310.5M | 312.9M | 359.8M | 192.8M |
Grid Dynamics fundamental ratios Correlations
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Grid Dynamics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Grid Dynamics fundamental ratios Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 167.1M | 256.7M | 411.1M | 435.2M | 500.4M | 525.5M | |
| Other Current Liab | 11.3M | 21.3M | 20.5M | 24.2M | 27.8M | 29.2M | |
| Total Current Liabilities | 13.3M | 25.3M | 38.7M | 42.2M | 48.6M | 51.0M | |
| Total Stockholder Equity | 151.7M | 227.1M | 363.0M | 382.9M | 440.3M | 462.4M | |
| Net Tangible Assets | 52.9M | 128.9M | 172.0M | 295.7M | 340.0M | 357.0M | |
| Retained Earnings | 22.8M | 15.1M | (14.1M) | (15.9M) | (14.3M) | (13.6M) | |
| Accounts Payable | 757K | 2.1M | 3.9M | 3.6M | 4.2M | 4.4M | |
| Cash | 112.7M | 144.4M | 256.7M | 257.2M | 295.8M | 310.6M | |
| Other Assets | 1.5M | 5.6M | 2.7M | 5.2M | 6.0M | 3.0M | |
| Net Receivables | 18.7M | 43.3M | 53.9M | 53.6M | 61.6M | 34.3M | |
| Good Will | 14.7M | 36.0M | 45.5M | 53.9M | 61.9M | 65.0M | |
| Common Stock Shares Outstanding | 44.7M | 58.7M | 69.2M | 75.2M | 86.5M | 58.2M | |
| Other Current Assets | 3.2M | 5.1M | 12.4M | 13.2M | 15.2M | 15.9M | |
| Total Liab | 15.4M | 29.7M | 48.1M | 52.3M | 60.1M | 63.1M | |
| Total Current Assets | 134.6M | 192.8M | 323.1M | 324.0M | 372.6M | 391.2M | |
| Intangible Assets | 8.1M | 19.1M | 20.4M | 26.5M | 30.5M | 32.1M | |
| Property Plant Equipment | 2.9M | 4.1M | 6.2M | 14.4M | 16.6M | 17.4M | |
| Property Plant And Equipment Net | 4.1M | 6.2M | 15.9M | 21.8M | 25.1M | 26.3M | |
| Current Deferred Revenue | 731K | 798K | 1.9M | 1.3M | 1.5M | 976.1K | |
| Net Debt | (112.7M) | (144.4M) | (248.6M) | (246.2M) | (221.6M) | (210.5M) | |
| Non Current Assets Total | 32.5M | 64.0M | 88.0M | 111.2M | 127.9M | 134.3M | |
| Cash And Short Term Investments | 112.7M | 144.4M | 256.7M | 257.2M | 295.8M | 152.4M | |
| Liabilities And Stockholders Equity | 167.1M | 256.7M | 411.1M | 435.2M | 500.4M | 253.6M | |
| Non Current Liabilities Total | 2.1M | 4.3M | 9.4M | 10.0M | 11.5M | 6.4M | |
| Inventory | 821K | 584K | 4.3M | 1.0 | 1.15 | 1.09 | |
| Other Stockholder Equity | 128.9M | 212.1M | 378.0M | 397.5M | 457.1M | 480.0M | |
| Net Invested Capital | 151.7M | 227.1M | 363.0M | 382.9M | 440.3M | 222.2M | |
| Property Plant And Equipment Gross | 2.8M | 17.9M | 15.9M | 29.2M | 33.5M | 35.2M | |
| Accumulated Other Comprehensive Income | (4K) | (126K) | (848K) | 1.3M | 1.5M | 1.5M | |
| Capital Stock | 8.1M | 5K | 7K | 8K | 7.2K | 6.8K | |
| Net Working Capital | 121.3M | 167.4M | 284.4M | 281.8M | 324.0M | 172.6M | |
| Short Term Debt | 8.6M | 12.9M | 2.5M | 18.8M | 21.6M | 22.7M | |
| Common Stock | 8.1M | 5K | 7K | 8K | 7.2K | 6.8K | |
| Non Currrent Assets Other | (26.9M) | (61.2M) | 224K | 1.2M | 1.1M | 1.1M |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grid Dynamics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Internet Services & Infrastructure 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 Grid Dynamics. If investors know Grid 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 Grid Dynamics 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 4.582 | Earnings Share 0.03 | Revenue Per Share | Quarterly Revenue Growth 0.129 | Return On Assets |
The market value of Grid Dynamics Holdings is measured differently than its book value, which is the value of Grid that is recorded on the company's balance sheet. Investors also form their own opinion of Grid Dynamics' value that differs from its market value or its book value, called intrinsic value, which is Grid Dynamics' 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 Grid Dynamics' market value can be influenced by many factors that don't directly affect Grid Dynamics' 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 Grid Dynamics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Grid Dynamics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grid Dynamics' 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.