Gevo Other Operating Expenses vs Income Tax Expense Analysis

GEVO Stock  USD 1.58  0.11  7.48%   
Gevo financial indicator trend analysis is much more than just examining Gevo Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gevo Inc is a good investment. Please check the relationship between Gevo Other Operating Expenses and its Income Tax Expense accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gevo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Other Operating Expenses vs Income Tax Expense

Other Operating Expenses vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gevo Inc Other Operating Expenses account and Income Tax Expense. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Gevo's Other Operating Expenses and Income Tax Expense is 0.44. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Gevo Inc, assuming nothing else is changed. The correlation between historical values of Gevo's Other Operating Expenses and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Gevo Inc are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Other Operating Expenses i.e., Gevo's Other Operating Expenses and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Gevo Inc. It is also known as Gevo overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Income Tax Expense

Most indicators from Gevo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gevo Inc 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 Gevo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
As of the 11th of December 2024, Selling General Administrative is likely to drop to about 24.4 M. Issuance Of Capital Stock is expected to grow at the current pace this year
 2021 2022 2023 2024 (projected)
Interest Expense251K1.2M2.2M3.1M
Depreciation And Amortization5.1M7.9M19.0M20.0M

Gevo fundamental ratios Correlations

0.980.670.880.780.990.830.94-0.75-0.820.240.860.950.880.98-0.610.960.960.660.240.810.950.680.920.980.63
0.980.770.910.741.00.750.94-0.68-0.80.340.820.980.930.97-0.520.980.940.740.390.750.940.790.890.990.56
0.670.770.780.470.740.280.71-0.23-0.470.420.430.820.780.69-0.070.750.640.780.730.420.630.990.610.730.24
0.880.910.780.730.890.580.89-0.52-0.680.480.680.930.810.88-0.350.860.850.70.430.730.830.820.850.880.5
0.780.740.470.730.730.760.84-0.75-0.670.170.830.710.470.84-0.390.650.760.19-0.180.960.750.480.930.740.95
0.991.00.740.890.730.780.94-0.71-0.810.320.830.970.920.97-0.570.990.940.720.350.750.950.750.890.990.56
0.830.750.280.580.760.780.79-0.92-0.810.020.920.690.620.85-0.610.740.790.21-0.20.770.840.290.840.780.75
0.940.940.710.890.840.940.79-0.69-0.880.250.820.960.80.95-0.430.880.930.570.240.820.960.730.970.910.69
-0.75-0.68-0.23-0.52-0.75-0.71-0.92-0.690.63-0.13-0.97-0.56-0.51-0.780.47-0.7-0.75-0.070.26-0.75-0.71-0.25-0.77-0.74-0.75
-0.82-0.8-0.47-0.68-0.67-0.81-0.81-0.880.63-0.05-0.7-0.82-0.68-0.790.62-0.74-0.8-0.47-0.06-0.67-0.95-0.49-0.83-0.77-0.58
0.240.340.420.480.170.320.020.25-0.13-0.050.220.320.380.260.080.380.270.380.450.070.20.50.180.35-0.05
0.860.820.430.680.830.830.920.82-0.97-0.70.220.720.650.9-0.440.820.850.25-0.070.820.810.440.880.860.78
0.950.980.820.930.710.970.690.96-0.56-0.820.320.720.920.94-0.480.940.910.780.450.710.940.830.880.950.51
0.880.930.780.810.470.920.620.8-0.51-0.680.380.650.920.86-0.50.950.810.860.60.460.840.80.680.910.25
0.980.970.690.880.840.970.850.95-0.78-0.790.260.90.940.86-0.530.940.940.590.210.840.930.70.940.970.7
-0.61-0.52-0.07-0.35-0.39-0.57-0.61-0.430.470.620.08-0.44-0.48-0.5-0.53-0.53-0.47-0.410.21-0.44-0.61-0.08-0.43-0.54-0.4
0.960.980.750.860.650.990.740.88-0.7-0.740.380.820.940.950.94-0.530.910.750.420.670.910.760.820.990.47
0.960.940.640.850.760.940.790.93-0.75-0.80.270.850.910.810.94-0.470.910.570.230.80.910.660.910.930.61
0.660.740.780.70.190.720.210.57-0.07-0.470.380.250.780.860.59-0.410.750.570.780.230.620.780.410.7-0.06
0.240.390.730.43-0.180.35-0.20.240.26-0.060.45-0.070.450.60.210.210.420.230.78-0.190.210.730.050.34-0.44
0.810.750.420.730.960.750.770.82-0.75-0.670.070.820.710.460.84-0.440.670.80.23-0.190.760.420.930.760.92
0.950.940.630.830.750.950.840.96-0.71-0.950.20.810.940.840.93-0.610.910.910.620.210.760.640.920.930.61
0.680.790.990.820.480.750.290.73-0.25-0.490.50.440.830.80.7-0.080.760.660.780.730.420.640.620.740.23
0.920.890.610.850.930.890.840.97-0.77-0.830.180.880.880.680.94-0.430.820.910.410.050.930.920.620.880.82
0.980.990.730.880.740.990.780.91-0.74-0.770.350.860.950.910.97-0.540.990.930.70.340.760.930.740.880.58
0.630.560.240.50.950.560.750.69-0.75-0.58-0.050.780.510.250.7-0.40.470.61-0.06-0.440.920.610.230.820.58
Click cells to compare fundamentals

Gevo Account Relationship Matchups

Gevo fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding12.2M56.9M195.8M221.5M238.7M250.6M
Total Assets93.4M152.1M666.5M700.7M650.3M682.8M
Short Long Term Debt Total14.6M1.3M90.8M69.7M70.2M36.3M
Other Current Liab4.2M3.0M23.3M17.2M20.0M21.0M
Total Current Liabilities20.1M4.9M32.6M25.4M91.4M96.0M
Total Stockholder Equity72.5M146.4M547.3M605.5M557.4M585.3M
Other Liab228K331K87K820K943K990.2K
Property Plant And Equipment Net66.7M66.4M168.9M178.4M213.1M223.8M
Net Debt(1.7M)(77.1M)50.0M(167.4M)(228.2M)(216.8M)
Retained Earnings(458.0M)(498.2M)(557.4M)(655.4M)(721.6M)(685.5M)
Accounts Payable1.5M897K4.8M5.0M2.7M3.2M
Cash16.3M78.3M40.8M237.1M298.3M313.3M
Non Current Assets Total69.1M68.8M314.7M285.3M263.9M277.1M
Non Currrent Assets Other935K921K72.5M99.2M42.8M45.0M
Other Assets335K621K72.5M97.7M112.4M118.0M
Long Term Debt233K457K318K159K21K20.0K
Cash And Short Term Investments16.3M78.3M316.2M404.5M298.3M313.3M
Common Stock Total Equity141K1.3M2.0M2.4M2.7M2.9M
Liabilities And Stockholders Equity93.4M152.1M666.5M700.7M650.3M682.8M
Non Current Liabilities Total761K788K86.6M69.8M1.5M1.4M
Other Current Assets3.6M4.1M28.6M4.1M80.3M84.3M
Other Stockholder Equity530.3M643.3M1.1B1.3B1.3B1.3B
Total Liab20.9M5.7M119.2M95.3M92.9M49.8M
Property Plant And Equipment Gross66.7M66.4M168.9M176.9M299.4M314.4M
Total Current Assets24.2M83.3M351.8M415.4M386.4M405.7M
Short Term Debt14.4M989K941K1.2M68.7M72.1M
Common Stock141K1.3M2.0M2.4M2.4M2.5M
Property Plant Equipment66.7M66.7M139.1M176.9M203.4M213.6M
Net Receivables1.1M527K978K476K4.0M4.2M
Inventory3.2M2.3M2.8M6.3M3.8M4.0M
Net Tangible Assets72.5M146.4M538.3M597.8M687.5M721.8M
Retained Earnings Total Equity(458.0M)(498.2M)(557.4M)(655.4M)(589.8M)(560.4M)
Capital Surpluse530.3M643.3M1.1B1.3B1.4B1.5B
Long Term Debt Total233K457K318K159K143.1K135.9K
Non Current Liabilities Other528K331K1.9M69.7M80.1M84.1M
Short Long Term Debt14.4M809K158K159K68.1M71.5M

Pair Trading with Gevo

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gevo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gevo will appreciate offsetting losses from the drop in the long position's value.

Moving together with Gevo Stock

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Moving against Gevo Stock

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  0.4CMT Core Molding TechnologiesPairCorr
  0.34ECVT EcovystPairCorr
The ability to find closely correlated positions to Gevo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gevo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gevo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gevo Inc to buy it.
The correlation of Gevo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gevo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gevo Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gevo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Gevo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gevo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gevo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gevo Inc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gevo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Oil & Gas Refining & Marketing 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 Gevo. If investors know Gevo 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 Gevo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.33)
Revenue Per Share
0.065
Quarterly Revenue Growth
(0.57)
Return On Assets
(0.09)
Return On Equity
(0.15)
The market value of Gevo Inc is measured differently than its book value, which is the value of Gevo that is recorded on the company's balance sheet. Investors also form their own opinion of Gevo's value that differs from its market value or its book value, called intrinsic value, which is Gevo's 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 Gevo's market value can be influenced by many factors that don't directly affect Gevo's 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 Gevo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gevo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gevo's 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.