Getty Capital Expenditures vs Depreciation Analysis

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Getty Copper financial indicator trend analysis is much more than just examining Getty Copper latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Getty Copper is a good investment. Please check the relationship between Getty Copper Capital Expenditures and its Depreciation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Getty Copper. 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.

Capital Expenditures vs Depreciation

Capital Expenditures vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Getty Copper Capital Expenditures account and Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Getty Copper's Capital Expenditures and Depreciation is -0.64. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of Getty Copper, assuming nothing else is changed. The correlation between historical values of Getty Copper's Capital Expenditures and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Getty Copper are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., Getty Copper's Capital Expenditures and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.64

Relationship Direction	Negative
Relationship Strength	Weak

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Capital Expenditures

Capital Expenditures are funds used by Getty Copper to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Getty Copper operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Depreciation

Depreciation indicates how much of Getty Copper value has been used up. For tax purposes Getty Copper can deduct the cost of the tangible assets it purchases as business expenses. However, Getty Copper must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from Getty Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Getty Copper 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 Getty Copper. 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 280.4 K in 2025

Getty Copper fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Other Current Liab	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Net Debt	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital
Total Assets		0.86	-0.81	0.8	-0.71	-0.61	0.59	0.27	0.86	0.81	0.32	0.91	0.93	0.83	0.44	0.77	0.9	0.98	-0.42	0.99	-0.09	0.66	0.97	0.94	0.96	-0.81
Total Current Liabilities	0.86		-0.93	0.79	-0.88	-0.77	0.72	0.1	0.8	0.7	0.4	0.88	0.88	0.97	0.32	0.93	0.78	0.88	-0.56	0.84	-0.12	0.36	0.87	0.77	0.77	-0.96
Total Stockholder Equity	-0.81	-0.93		-0.75	0.98	0.82	-0.84	-0.01	-0.68	-0.84	-0.59	-0.9	-0.92	-0.85	-0.34	-0.93	-0.7	-0.87	0.63	-0.77	0.01	-0.47	-0.83	-0.67	-0.66	0.88
Other Liab	0.8	0.79	-0.75		-0.72	-0.54	0.72	0.23	0.6	0.68	0.32	0.87	0.77	0.67	0.38	0.63	0.85	0.84	-0.68	0.75	0.07	0.4	0.7	0.71	0.71	-0.63
Net Tangible Assets	-0.71	-0.88	0.98	-0.72		0.8	-0.85	0.0	-0.58	-0.79	-0.63	-0.85	-0.85	-0.79	-0.34	-0.92	-0.63	-0.79	0.66	-0.65	-0.02	-0.38	-0.72	-0.56	-0.53	0.81
Retained Earnings	-0.61	-0.77	0.82	-0.54	0.8		-0.75	-0.05	-0.59	-0.78	-0.5	-0.8	-0.81	-0.67	-0.33	-0.8	-0.34	-0.66	0.66	-0.53	-0.02	-0.37	-0.67	-0.43	-0.42	0.76
Accounts Payable	0.59	0.72	-0.84	0.72	-0.85	-0.75		-0.25	0.34	0.7	0.39	0.76	0.77	0.59	0.03	0.71	0.48	0.67	-0.84	0.5	0.17	0.22	0.56	0.36	0.35	-0.66
Cash	0.27	0.1	-0.01	0.23	0.0	-0.05	-0.25		0.34	0.25	0.13	0.26	0.14	0.07	0.88	0.08	0.27	0.23	0.19	0.27	-0.26	0.38	0.23	0.35	0.35	-0.01
Other Assets	0.86	0.8	-0.68	0.6	-0.58	-0.59	0.34	0.34		0.65	0.16	0.75	0.74	0.81	0.4	0.71	0.8	0.85	-0.27	0.89	-0.16	0.61	0.85	0.93	0.89	-0.77
Long Term Debt	0.81	0.7	-0.84	0.68	-0.79	-0.78	0.7	0.25	0.65		0.53	0.89	0.9	0.58	0.5	0.7	0.62	0.83	-0.54	0.74	0.15	0.74	0.79	0.66	0.65	-0.62
Net Receivables	0.32	0.4	-0.59	0.32	-0.63	-0.5	0.39	0.13	0.16	0.53		0.5	0.49	0.31	0.58	0.55	0.2	0.36	-0.24	0.26	-0.16	0.42	0.41	0.15	0.17	-0.35
Other Stockholder Equity	0.91	0.88	-0.9	0.87	-0.85	-0.8	0.76	0.26	0.75	0.89	0.5		0.96	0.78	0.51	0.85	0.77	0.95	-0.61	0.85	-0.04	0.59	0.89	0.78	0.78	-0.8
Total Liab	0.93	0.88	-0.92	0.77	-0.85	-0.81	0.77	0.14	0.74	0.9	0.49	0.96		0.82	0.41	0.87	0.73	0.94	-0.56	0.88	-0.04	0.59	0.94	0.78	0.79	-0.85
Short Long Term Debt	0.83	0.97	-0.85	0.67	-0.79	-0.67	0.59	0.07	0.81	0.58	0.31	0.78	0.82		0.26	0.91	0.76	0.83	-0.47	0.83	-0.19	0.26	0.85	0.78	0.79	-0.97
Total Current Assets	0.44	0.32	-0.34	0.38	-0.34	-0.33	0.03	0.88	0.4	0.5	0.58	0.51	0.41	0.26		0.37	0.36	0.42	0.0	0.39	-0.28	0.54	0.44	0.41	0.42	-0.22
Short Term Debt	0.77	0.93	-0.93	0.63	-0.92	-0.8	0.71	0.08	0.71	0.7	0.55	0.85	0.87	0.91	0.37		0.64	0.82	-0.49	0.74	-0.22	0.33	0.82	0.66	0.65	-0.94
Common Stock	0.9	0.78	-0.7	0.85	-0.63	-0.34	0.48	0.27	0.8	0.62	0.2	0.77	0.73	0.76	0.36	0.64		0.9	-0.38	0.91	-0.07	0.54	0.81	0.94	0.92	-0.67
Property Plant Equipment	0.98	0.88	-0.87	0.84	-0.79	-0.66	0.67	0.23	0.85	0.83	0.36	0.95	0.94	0.83	0.42	0.82	0.9		-0.51	0.96	-0.04	0.62	0.94	0.92	0.91	-0.81
Other Current Liab	-0.42	-0.56	0.63	-0.68	0.66	0.66	-0.84	0.19	-0.27	-0.54	-0.24	-0.61	-0.56	-0.47	0.0	-0.49	-0.38	-0.51		-0.31	-0.27	0.0	-0.34	-0.25	-0.25	0.47
Non Current Assets Total	0.99	0.84	-0.77	0.75	-0.65	-0.53	0.5	0.27	0.89	0.74	0.26	0.85	0.88	0.83	0.39	0.74	0.91	0.96	-0.31		-0.12	0.66	0.97	0.97	0.98	-0.8
Non Currrent Assets Other	-0.09	-0.12	0.01	0.07	-0.02	-0.02	0.17	-0.26	-0.16	0.15	-0.16	-0.04	-0.04	-0.19	-0.28	-0.22	-0.07	-0.04	-0.27	-0.12		-0.01	-0.2	-0.15	-0.14	0.23
Non Current Liabilities Total	0.66	0.36	-0.47	0.4	-0.38	-0.37	0.22	0.38	0.61	0.74	0.42	0.59	0.59	0.26	0.54	0.33	0.54	0.62	0.0	0.66	-0.01		0.66	0.64	0.62	-0.29
Net Debt	0.97	0.87	-0.83	0.7	-0.72	-0.67	0.56	0.23	0.85	0.79	0.41	0.89	0.94	0.85	0.44	0.82	0.81	0.94	-0.34	0.97	-0.2	0.66		0.89	0.92	-0.87
Common Stock Shares Outstanding	0.94	0.77	-0.67	0.71	-0.56	-0.43	0.36	0.35	0.93	0.66	0.15	0.78	0.78	0.78	0.41	0.66	0.94	0.92	-0.25	0.97	-0.15	0.64	0.89		0.98	-0.72
Net Invested Capital	0.96	0.77	-0.66	0.71	-0.53	-0.42	0.35	0.35	0.89	0.65	0.17	0.78	0.79	0.79	0.42	0.65	0.92	0.91	-0.25	0.98	-0.14	0.62	0.92	0.98		-0.74
Net Working Capital	-0.81	-0.96	0.88	-0.63	0.81	0.76	-0.66	-0.01	-0.77	-0.62	-0.35	-0.8	-0.85	-0.97	-0.22	-0.94	-0.67	-0.81	0.47	-0.8	0.23	-0.29	-0.87	-0.72	-0.74

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Getty Copper Account Relationship Matchups

Getty Copper fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	5.9M	6.4M	6.6M	7.0M	8.0M	6.4M
Total Current Liabilities	1.5M	1.5M	1.9M	2.3M	2.7M	2.8M
Total Stockholder Equity	3.2M	3.7M	3.4M	3.3M	3.0M	3.1M
Net Tangible Assets	3.7M	3.2M	3.2M	3.7M	3.3M	3.1M
Retained Earnings	(22.2M)	(22.5M)	(22.8M)	(23.3M)	(20.9M)	(22.0M)
Accounts Payable	272.4K	188.9K	273.6K	303.6K	349.2K	262.9K
Cash	55.9K	113.5K	5.7K	64.3K	74.0K	48.4K
Long Term Debt	1.2M	1.2M	1.3M	1.4M	1.6M	827.0K
Net Receivables	826.0	21.7K	75.3K	15.4K	17.7K	17.2K
Other Stockholder Equity	1.6M	1.8M	1.8M	1.9M	2.2M	1.8M
Total Liab	2.7M	2.7M	3.2M	3.7M	4.2M	2.2M
Short Long Term Debt	694.8K	796.1K	1.1M	1.5M	1.7M	1.8M
Total Current Assets	133.8K	139.6K	28.9K	88.4K	101.7K	69.3K
Property Plant Equipment	5.6M	5.8M	5.8M	6.2M	7.1M	6.1M
Other Current Liab	13.8K	171.6K	177.9K	184.2K	165.8K	148.8K
Non Current Assets Total	5.8M	6.2M	6.5M	6.9M	7.9M	6.6M
Non Current Liabilities Total	1.2M	1.2M	1.3M	1.4M	1.6M	1.1M
Net Debt	1.9M	1.9M	2.4M	2.8M	3.2M	2.1M
Net Invested Capital	5.1M	5.7M	5.8M	6.1M	7.0M	5.9M
Net Working Capital	(1.3M)	(1.4M)	(1.9M)	(2.2M)	(2.0M)	(2.1M)
Property Plant And Equipment Net	5.8M	6.2M	6.5M	6.9M	7.9M	6.8M
Property Plant And Equipment Gross	6.1M	6.6M	6.6M	7.0M	8.1M	7.2M

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