GFIN Stock | | | 0.03 0.0001 0.36% |
Gfinity PLC financial indicator trend analysis is much more than just examining Gfinity PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gfinity PLC is a good investment. Please check the relationship between Gfinity PLC Common Stock Total Equity and its Net Tangible Assets accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gfinity PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Common Stock Total Equity vs Net Tangible Assets
Common Stock Total Equity vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gfinity PLC Common Stock Total Equity account and
Net Tangible Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Gfinity PLC's Common Stock Total Equity and Net Tangible Assets is 0.36. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Gfinity PLC, assuming nothing else is changed. The correlation between historical values of Gfinity PLC's Common Stock Total Equity and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Gfinity PLC are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Common Stock Total Equity i.e., Gfinity PLC's Common Stock Total Equity and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Gfinity PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gfinity PLC 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 Gfinity PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to drop to about 2.9
M in 2024.
Tax Provision is likely to gain to about (833.5
K) in 2024
Gfinity PLC fundamental ratios Correlations
Click cells to compare fundamentals
Gfinity PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gfinity PLC fundamental ratios Accounts
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Additional Tools for Gfinity Stock Analysis
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measure Gfinity PLC'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 Gfinity PLC is operating at the current time. Most of Gfinity PLC's value examination focuses on studying past and present price action to
predict the probability of Gfinity PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gfinity PLC's price. Additionally, you may evaluate how the addition of Gfinity PLC to your portfolios can decrease your overall portfolio volatility.