| GMBREW Stock | | | 806.00 7.45 0.93% |
GM Breweries financial indicator trend analysis is much more than just examining GM Breweries Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GM Breweries Limited is a good investment. Please check the relationship between GM Breweries Net Interest Income and its Operating Income accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GM Breweries Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Net Interest Income vs Operating Income
Net Interest Income vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GM Breweries Limited Net Interest Income account and
Operating Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between GM Breweries' Net Interest Income and Operating Income is 0.19. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of GM Breweries Limited, assuming nothing else is changed. The correlation between historical values of GM Breweries' Net Interest Income and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of GM Breweries Limited are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Interest Income i.e., GM Breweries' Net Interest Income and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.19 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Operating Income
Operating Income is the amount of profit realized from GM Breweries Limited operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of GM Breweries Limited is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from GM Breweries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GM Breweries Limited 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 GM Breweries Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
The current year's
Selling General Administrative is expected to grow to about 118.6
M, whereas
Tax Provision is forecasted to decline to about 232.1
M.
GM Breweries fundamental ratios Correlations
Click cells to compare fundamentals
GM Breweries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GM Breweries fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in GMBREW Stock
Balance Sheet is a snapshot of the
financial position of GM Breweries Limited at a specified time, usually calculated after every quarter, six months, or one year. GM Breweries Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of GM Breweries and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which GMBREW currently owns. An asset can also be divided into two categories, current and non-current.