GMS Change To Operating Activities vs Investments Analysis

GMS Stock  USD 95.00  2.48  2.54%   
GMS financial indicator trend analysis is much more than just examining GMS Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GMS Inc is a good investment. Please check the relationship between GMS Change To Operating Activities and its Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GMS 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 population.

Change To Operating Activities vs Investments

Change To Operating Activities vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GMS Inc Change To Operating Activities account and Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between GMS's Change To Operating Activities and Investments is -0.35. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Investments in the same time period over historical financial statements of GMS Inc, assuming nothing else is changed. The correlation between historical values of GMS's Change To Operating Activities and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of GMS Inc are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Change To Operating Activities i.e., GMS's Change To Operating Activities and Investments go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Operating Activities

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from GMS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GMS 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 GMS 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 population.
At this time, GMS's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.26 in 2024, whereas Selling General Administrative is likely to drop slightly above 792 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.5B1.7B1.8B1.1B
Total Revenue4.6B5.3B5.5B3.3B

GMS fundamental ratios Correlations

0.560.560.340.570.56-0.060.440.50.490.550.50.570.520.55-0.25-0.030.590.520.570.570.70.530.570.590.7
0.560.970.640.990.980.170.680.980.650.970.840.990.810.99-0.16-0.030.950.810.990.980.840.970.980.830.44
0.560.970.480.950.910.090.530.950.680.990.770.940.840.98-0.110.00.990.840.930.970.841.00.930.830.5
0.340.640.480.70.710.60.730.60.40.50.640.70.290.57-0.51-0.130.470.290.740.580.460.470.740.580.18
0.570.990.950.70.970.240.670.970.70.940.811.00.810.97-0.240.010.940.810.990.960.820.940.980.840.47
0.560.980.910.710.970.190.770.960.580.90.850.970.750.96-0.2-0.090.870.750.990.960.840.90.980.790.4
-0.060.170.090.60.240.190.140.140.130.120.110.2-0.080.12-0.75-0.260.07-0.080.260.15-0.010.070.230.03-0.13
0.440.680.530.730.670.770.140.690.150.510.90.690.50.64-0.18-0.30.470.50.720.630.610.530.720.650.16
0.50.980.950.60.970.960.140.690.60.930.830.970.860.98-0.060.020.90.860.950.940.780.950.950.790.33
0.490.650.680.40.70.580.130.150.60.670.30.680.60.62-0.080.570.750.60.660.60.460.660.690.440.6
0.550.970.990.50.940.90.120.510.930.670.770.930.770.98-0.13-0.040.990.770.930.980.830.990.930.830.48
0.50.840.770.640.810.850.110.90.830.30.770.810.620.83-0.11-0.30.730.620.840.820.710.780.830.820.24
0.570.990.940.71.00.970.20.690.970.680.930.810.820.97-0.20.030.920.820.980.950.820.930.980.850.46
0.520.810.840.290.810.75-0.080.50.860.60.770.620.820.810.020.170.791.00.730.750.720.830.750.660.49
0.550.990.980.570.970.960.120.640.980.620.980.830.970.81-0.11-0.040.960.810.970.990.840.980.960.830.42
-0.25-0.16-0.11-0.51-0.24-0.2-0.75-0.18-0.06-0.08-0.13-0.11-0.20.02-0.110.54-0.10.02-0.25-0.2-0.32-0.04-0.21-0.23-0.36
-0.03-0.030.0-0.130.01-0.09-0.26-0.30.020.57-0.04-0.30.030.17-0.040.540.060.17-0.05-0.14-0.290.020.0-0.230.01
0.590.950.990.470.940.870.070.470.90.750.990.730.920.790.96-0.10.060.790.910.950.820.980.910.830.56
0.520.810.840.290.810.75-0.080.50.860.60.770.620.821.00.810.020.170.790.730.750.720.830.750.660.49
0.570.990.930.740.990.990.260.720.950.660.930.840.980.730.97-0.25-0.050.910.730.970.830.920.990.820.45
0.570.980.970.580.960.960.150.630.940.60.980.820.950.750.99-0.2-0.140.950.750.970.880.960.960.840.48
0.70.840.840.460.820.84-0.010.610.780.460.830.710.820.720.84-0.32-0.290.820.720.830.880.80.810.810.73
0.530.971.00.470.940.90.070.530.950.660.990.780.930.830.98-0.040.020.980.830.920.960.80.920.820.44
0.570.980.930.740.980.980.230.720.950.690.930.830.980.750.96-0.210.00.910.750.990.960.810.920.80.44
0.590.830.830.580.840.790.030.650.790.440.830.820.850.660.83-0.23-0.230.830.660.820.840.810.820.80.53
0.70.440.50.180.470.4-0.130.160.330.60.480.240.460.490.42-0.360.010.560.490.450.480.730.440.440.53
Click cells to compare fundamentals

GMS Account Relationship Matchups

GMS fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding42.5M43.3M43.9M42.6M40.9M44.2M
Total Assets2.3B2.5B3.1B3.3B3.8B2.3B
Short Long Term Debt Total1.2B1.1B1.3B1.3B1.5B1.1B
Other Current Liab35.0M109.1M173.6M154.2M141.0M111.3M
Total Current Liabilities427.9M562.5M689.2M706.3M757.1M451.6M
Total Stockholder Equity634.0M822.5M1.1B1.3B1.5B788.8M
Other Liab57.1M57.8M67.0M92.8M83.5M62.3M
Net Tangible Assets(281.0M)(104.7M)(86.1M)174.3M200.4M210.4M
Property Plant And Equipment Net420.7M429.7M504.0M585.8M723.5M374.9M
Current Deferred Revenue102.0M96.4M109.1M182.5M2.4M2.2M
Net Debt1.0B935.2M1.2B1.1B1.4B957.9M
Retained Earnings169.0M274.5M548.0M881.0M1.2B1.2B
Accounts Payable213.2M323.0M367.3M377.0M420.2M233.3M
Cash210.9M167.0M101.9M164.7M166.1M97.3M
Non Current Assets Total1.4B1.4B1.7B1.7B2.1B1.3B
Non Currrent Assets Other13.2M9.0M8.8M11.4M11.1M10.9M
Other Assets22.2M24.7M26.7M31.2M1.00.95
Long Term Debt954.0M932.4M1.1B1.0B1.1B900.0M
Cash And Short Term Investments210.9M167.0M101.9M164.7M166.1M97.3M
Net Receivables405.3M558.7M750.0M792.2M850.0M519.1M
Good Will553.1M576.3M695.9M700.8M853.8M589.8M
Common Stock Total Equity404K426K431K428K471.5K429.1K
Liabilities And Stockholders Equity2.3B2.5B3.1B3.3B3.8B2.3B
Non Current Liabilities Total1.2B1.1B1.4B1.3B1.5B1.1B
Inventory299.8M357.1M551.0M575.5M580.8M354.3M
Other Current Assets15.0M39.1M40.4M17.1M42.4M44.5M
Other Stockholder Equity529.7M542.7M522.1M428.5M334.6M479.7M
Total Liab1.7B1.7B2.0B2.0B2.3B1.6B
Property Plant And Equipment Gross420.7M429.7M731.2M850.4M1.0B1.1B
Short Long Term Debt50.2M46.0M47.6M54.0M6.6M6.2M
Total Current Assets931.0M1.1B1.4B1.5B1.6B993.6M
Accumulated Other Comprehensive Income(65.1M)4.8M(6.0M)(35.1M)(31.5M)(29.9M)
Short Term Debt83.2M113.0M124.4M149.4M193.4M203.1M
Intangible Assets361.9M350.9M454.7M399.7M502.7M362.5M
Common Stock404K426K431K428K397K429.8K
Property Plant Equipment420.7M429.7M504.0M585.8M673.6M707.3M
Long Term Debt Total1.0B932.4M1.1B1.0B1.2B924.6M
Capital Surpluse529.7M542.7M522.1M428.5M492.8M506.6M
Non Current Liabilities Other78.0M63.5M55.2M48.3M45.0M45.3M

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Additional Tools for GMS Stock Analysis

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