Gelteq Cash vs Net Invested Capital Analysis
| GELS Stock | 2.00 0.14 7.53% |
Gelteq Limited financial indicator trend analysis is much more than just examining Gelteq Limited Ordinary latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gelteq Limited Ordinary is a good investment. Please check the relationship between Gelteq Limited Cash and its Net Invested Capital accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gelteq Limited Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Cash vs Net Invested Capital
Cash vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gelteq Limited Ordinary Cash account and Net Invested Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Gelteq Limited's Cash and Net Invested Capital is 0.46. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Gelteq Limited Ordinary, assuming nothing else is changed. The correlation between historical values of Gelteq Limited's Cash and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Gelteq Limited Ordinary are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Cash i.e., Gelteq Limited's Cash and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.46 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of Gelteq Limited Ordinary, which is listed under current asset account on Gelteq Limited Ordinary balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Gelteq Limited customers. The amounts must be unrestricted with restricted cash listed in a different Gelteq Limited account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from Gelteq Limited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gelteq Limited Ordinary 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 Gelteq Limited Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. Selling General Administrative is likely to gain to about 1.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 1.2M | 1.2M | 1.2M | 1.0M | Total Operating Expenses | 3.3M | 3.5M | 2.8M | 2.8M |
Gelteq Limited fundamental ratios Correlations
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Gelteq Limited Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Gelteq Stock Analysis
When running Gelteq Limited's price analysis, check to measure Gelteq Limited's 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 Gelteq Limited is operating at the current time. Most of Gelteq Limited's value examination focuses on studying past and present price action to predict the probability of Gelteq Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gelteq Limited's price. Additionally, you may evaluate how the addition of Gelteq Limited to your portfolios can decrease your overall portfolio volatility.