Gerdau Non Currrent Assets Other vs Common Stock Shares Outstanding Analysis

GGB Stock  USD 3.41  0.02  0.58%   
Gerdau SA financial indicator trend analysis is much more than just examining Gerdau SA ADR latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gerdau SA ADR is a good investment. Please check the relationship between Gerdau SA Non Currrent Assets Other and its Common Stock Shares Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gerdau SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Non Currrent Assets Other vs Common Stock Shares Outstanding

Non Currrent Assets Other vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gerdau SA ADR Non Currrent Assets Other account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Gerdau SA's Non Currrent Assets Other and Common Stock Shares Outstanding is 0.9. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Gerdau SA ADR, assuming nothing else is changed. The correlation between historical values of Gerdau SA's Non Currrent Assets Other and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Gerdau SA ADR are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Non Currrent Assets Other i.e., Gerdau SA's Non Currrent Assets Other and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Gerdau SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gerdau SA ADR 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 Gerdau SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
The current year's Selling General Administrative is expected to grow to about 1.5 B, whereas Tax Provision is forecasted to decline to about 1.5 B.
 2021 2022 2023 2024 (projected)
Gross Profit20.8B18.8B11.3B6.9B
Total Revenue78.3B82.4B68.9B37.3B

Gerdau SA fundamental ratios Correlations

0.640.530.880.770.940.620.510.820.660.970.590.780.910.880.720.490.670.840.3-0.610.880.470.940.450.87
0.640.210.360.270.710.98-0.10.220.820.760.280.710.770.690.360.130.990.17-0.06-0.620.920.00.40.570.73
0.530.210.690.450.340.150.280.660.330.440.560.270.430.50.460.030.190.570.28-0.60.430.280.60.060.49
0.880.360.690.760.70.30.570.960.560.760.610.690.740.710.630.470.360.920.36-0.610.690.480.960.40.7
0.770.270.450.760.690.270.910.730.330.680.840.530.60.530.890.50.290.80.74-0.480.540.870.810.340.52
0.940.710.340.70.690.730.440.60.590.980.510.680.910.90.730.40.740.680.24-0.460.860.450.790.540.89
0.620.980.150.30.270.73-0.080.150.690.750.240.630.770.70.350.180.980.14-0.1-0.490.880.010.350.540.74
0.51-0.10.280.570.910.44-0.080.580.020.380.720.240.30.210.760.42-0.080.710.78-0.210.180.920.620.160.19
0.820.220.660.960.730.60.150.580.460.680.540.640.640.620.550.510.240.940.35-0.550.580.430.950.160.6
0.660.820.330.560.330.590.690.020.460.680.330.830.720.550.340.110.790.330.1-0.760.840.060.560.50.56
0.970.760.440.760.680.980.750.380.680.680.530.770.940.920.690.430.790.710.21-0.580.920.390.830.490.91
0.590.280.560.610.840.510.240.720.540.330.530.460.410.490.90.380.260.560.86-0.640.460.830.60.330.47
0.780.710.270.690.530.680.630.240.640.830.770.460.790.640.450.640.720.520.2-0.680.840.220.730.370.65
0.910.770.430.740.60.910.770.30.640.720.940.410.790.850.560.430.810.620.1-0.490.930.260.770.460.86
0.880.690.50.710.530.90.70.210.620.550.920.490.640.850.660.380.720.620.17-0.510.850.240.740.480.99
0.720.360.460.630.890.730.350.760.550.340.690.90.450.560.660.350.370.620.8-0.50.550.810.670.410.63
0.490.130.030.470.50.40.180.420.510.110.430.380.640.430.380.350.190.470.23-0.160.340.330.53-0.030.39
0.670.990.190.360.290.740.98-0.080.240.790.790.260.720.810.720.370.190.19-0.06-0.560.920.00.420.490.75
0.840.170.570.920.80.680.140.710.940.330.710.560.520.620.620.620.470.190.4-0.430.520.60.950.260.6
0.3-0.060.280.360.740.24-0.10.780.350.10.210.860.20.10.170.80.23-0.060.4-0.340.110.840.380.170.13
-0.61-0.62-0.6-0.61-0.48-0.46-0.49-0.21-0.55-0.76-0.58-0.64-0.68-0.49-0.51-0.5-0.16-0.56-0.43-0.34-0.69-0.29-0.59-0.37-0.51
0.880.920.430.690.540.860.880.180.580.840.920.460.840.930.850.550.340.920.520.11-0.690.210.720.550.87
0.470.00.280.480.870.450.010.920.430.060.390.830.220.260.240.810.330.00.60.84-0.290.210.540.330.21
0.940.40.60.960.810.790.350.620.950.560.830.60.730.770.740.670.530.420.950.38-0.590.720.540.340.72
0.450.570.060.40.340.540.540.160.160.50.490.330.370.460.480.41-0.030.490.260.17-0.370.550.330.340.51
0.870.730.490.70.520.890.740.190.60.560.910.470.650.860.990.630.390.750.60.13-0.510.870.210.720.51
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Gerdau SA Account Relationship Matchups

Gerdau SA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets54.0B63.1B73.8B73.8B74.9B47.1B
Short Long Term Debt Total17.9B18.4B15.0B13.7B12.2B14.4B
Other Current Liab666.9M1.7B1.4B1.5B1.4B945.3M
Total Current Liabilities7.4B11.5B14.0B13.5B11.3B7.6B
Total Stockholder Equity27.0B30.9B42.6B46.1B49.1B51.5B
Property Plant And Equipment Net16.7B18.1B19.6B21.4B24.1B15.9B
Net Debt14.2B13.8B10.8B11.2B9.2B12.0B
Retained Earnings5.6B7.3B17.8B22.2B25.9B27.2B
Accounts Payable3.8B5.4B8.0B6.6B5.9B3.1B
Cash2.6B4.6B4.2B2.5B3.0B2.2B
Non Current Assets Total35.8B39.7B41.2B42.5B45.7B29.4B
Non Currrent Assets Other3.1B3.3B2.4B3.6B4.3B4.6B
Cash And Short Term Investments6.3B7.7B6.8B5.4B5.3B4.4B
Net Receivables3.7B6.0B5.4B5.0B4.9B3.8B
Common Stock Shares Outstanding1.8B1.8B1.8B1.8B2.1B2.0B
Short Term Investments3.7B3.0B2.6B3.0B2.3B2.2B
Liabilities And Stockholders Equity54.0B63.1B73.8B73.8B74.9B46.9B
Non Current Liabilities Total19.4B20.6B17.0B14.0B14.4B15.4B
Inventory7.7B9.2B16.9B17.8B15.2B7.9B
Other Current Assets618.8M591.5M682.4M793.2M1.8B1.8B
Other Stockholder Equity(3.1B)(3.1B)(2.9B)(2.9B)(2.6B)(2.5B)
Total Liab26.8B32.0B31.0B27.5B25.6B23.5B
Property Plant And Equipment Gross16.7B18.1B19.6B57.0B59.9B62.9B
Total Current Assets18.2B23.4B32.6B31.3B29.2B17.2B
Accumulated Other Comprehensive Income5.2B7.4B8.5B7.8B6.0B6.3B
Short Term Debt1.8B1.7B1.8B3.1B1.8B2.4B
Current Deferred Revenue1.2B2.6B2.8B502.8M578.2M957.9M
Other Assets6.9B7.1B6.6B5.3B4.7B0.95
Other Liab4.3B3.8B4.0B3.8B4.3B4.6B
Long Term Debt14.5B16.1B12.3B9.5B9.1B9.1B
Property Plant Equipment16.7B18.1B19.6B21.4B24.6B25.8B
Intangible Assets673.3M622.6M509.8M415.2M373.7M355.0M
Good Will9.5B12.1B12.4B11.1B10.8B9.4B
Treasury Stock(280.4M)(242.5M)(229.3M)(152.4M)(137.2M)(144.0M)
Net Tangible Assets16.8B18.1B29.7B34.1B39.2B19.6B
Long Term Investments1.8B2.3B3.3B3.9B3.9B2.2B
Short Long Term Debt1.6B1.4B1.8B3.1B1.8B2.7B
Long Term Debt Total16.1B16.8B12.9B10.2B9.2B12.8B

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When determining whether Gerdau SA ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gerdau SA'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 Gerdau Sa Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gerdau Sa Adr Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gerdau SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
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 Metals & Mining 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 Gerdau SA. If investors know Gerdau 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 Gerdau SA 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
(0.14)
Dividend Share
0.783
Earnings Share
0.39
Revenue Per Share
30.909
Quarterly Revenue Growth
0.018
The market value of Gerdau SA ADR is measured differently than its book value, which is the value of Gerdau that is recorded on the company's balance sheet. Investors also form their own opinion of Gerdau SA's value that differs from its market value or its book value, called intrinsic value, which is Gerdau SA'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 Gerdau SA's market value can be influenced by many factors that don't directly affect Gerdau SA'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 Gerdau SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gerdau SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gerdau SA'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.