Gelteq Research Development vs Net Income From Continuing Ops Analysis
| GELS Stock | 1.86 0.05 2.76% |
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 Research Development and its Net Income From Continuing Ops 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.
Research Development vs Net Income From Continuing Ops
Research Development vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gelteq Limited Ordinary Research Development account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have pay attention.
The correlation between Gelteq Limited's Research Development and Net Income From Continuing Ops is -0.78. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Net Income From Continuing Ops 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 Research Development and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Gelteq Limited Ordinary are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Research Development i.e., Gelteq Limited's Research Development and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | -0.78 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Research Development
Net Income From Continuing Ops
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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