Gratifii Other Current Liab vs Common Stock Analysis
GTI Stock | 0.11 0.01 10.00% |
Gratifii financial indicator trend analysis is much more than just examining Gratifii latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gratifii is a good investment. Please check the relationship between Gratifii Other Current Liab and its Common Stock accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gratifii. 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.
Other Current Liab vs Common Stock
Other Current Liab vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gratifii Other Current Liab account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gratifii's Other Current Liab and Common Stock is 0.69. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Common Stock in the same time period over historical financial statements of Gratifii, assuming nothing else is changed. The correlation between historical values of Gratifii's Other Current Liab and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Gratifii are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Other Current Liab i.e., Gratifii's Other Current Liab and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Current Liab
Common Stock
Most indicators from Gratifii's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gratifii 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 Gratifii. 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. At this time, Gratifii's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 3.6 M in 2024, whereas Discontinued Operations is likely to drop (6 M) in 2024.
2023 | 2024 (projected) | Research Development | 59.0K | 56.1K | Cost Of Revenue | 25.4M | 26.6M |
Gratifii fundamental ratios Correlations
Click cells to compare fundamentals
Gratifii Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gratifii fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.8M | 9.4M | 13.6M | 19.3M | 13.7M | 14.4M | |
Total Stockholder Equity | (5.0M) | 1.3M | 5.5M | 8.1M | 1.5M | 1.7M | |
Property Plant And Equipment Net | 44.7K | 246.2K | 431.5K | 252.8K | 998.4K | 580.8K | |
Net Debt | 3.5M | 2.4M | 1.3M | 139.8K | 2.4M | 2.5M | |
Cash | 69.1K | 2.2M | 2.1M | 1.7M | 324.1K | 307.9K | |
Non Current Assets Total | 953.6K | 4.8M | 9.4M | 14.0M | 11.1M | 11.7M | |
Cash And Short Term Investments | 69.1K | 2.2M | 2.1M | 1.7M | 324.1K | 307.9K | |
Net Receivables | 730.6K | 986.8K | 1.4M | 1.3M | 1.3M | 1.4M | |
Common Stock Shares Outstanding | 269.6M | 459.7M | 657.7M | 1.0B | 1.5B | 1.6B | |
Liabilities And Stockholders Equity | 1.8M | 9.4M | 13.6M | 19.3M | 13.7M | 14.4M | |
Total Current Assets | 854.7K | 4.6M | 4.2M | 5.3M | 2.6M | 2.8M | |
Accumulated Other Comprehensive Income | 2.7M | (113.7K) | (58.7K) | 42.5K | 266.0K | 252.7K | |
Intangible Assets | 765.5K | 4.5M | 8.9M | 7.4M | 3.8M | 3.3M | |
Common Stock | 26.1M | 34.0M | 40.6M | 46.9M | 50.4M | 25.8M | |
Other Current Liab | (184.2K) | 871.8K | 656.7K | 3.6M | 3.0M | 3.2M | |
Total Current Liabilities | 6.3M | 6.4M | 7.8M | 10.4M | 11.4M | 11.9M | |
Retained Earnings | (34.7M) | (32.6M) | (35.0M) | (38.8M) | (49.2M) | (46.7M) | |
Accounts Payable | 2.9M | 2.6M | 3.9M | 3.9M | 4.9M | 5.1M | |
Non Currrent Assets Other | 143.4K | (4.8M) | (9.4M) | 3.8M | 3.5M | 3.6M | |
Other Current Assets | 54.9K | 76.1K | 329.8K | 1.7M | 544.7K | 571.9K | |
Total Liab | 6.9M | 8.1M | 8.1M | 11.2M | 12.3M | 12.9M | |
Short Long Term Debt Total | 3.6M | 4.6M | 3.4M | 1.8M | 2.8M | 2.6M | |
Current Deferred Revenue | 67.0K | 4.3K | 333.0 | 1.7M | 1.4M | 1.4M | |
Non Current Liabilities Total | 632.4K | 1.7M | 316.9K | 793.0K | 901.5K | 882.6K | |
Short Term Debt | 3.5M | 2.9M | 3.1M | 1.1M | 2.0M | 2.0M | |
Long Term Debt Total | 63.1K | 1.7M | 306.5K | 763.6K | 878.1K | 685.9K | |
Other Stockholder Equity | 825.3K | (113.7K) | (58.7K) | 42.5K | 48.9K | 74.3K | |
Cash And Equivalents | 69.1K | 2.2M | 2.1M | 1.7M | 1.9M | 1.4M | |
Property Plant Equipment | 188.1K | 246.2K | 431.5K | 252.8K | 290.8K | 192.0K | |
Other Liab | 569.3K | 4.0K | 10.5K | 29.4K | 26.5K | 25.1K | |
Net Tangible Assets | (5.8M) | (3.2M) | (3.4M) | (5.6M) | (5.1M) | (5.3M) | |
Long Term Debt | 0.0 | 1.7M | 133.6K | 757K | 681.3K | 548.5K | |
Net Invested Capital | (2.3M) | 5.8M | 8.6M | 9.8M | 11.2M | 11.8M | |
Short Long Term Debt | 2.7M | 2.8M | 2.9M | 896.6K | 1.0M | 2.0M | |
Net Working Capital | (5.5M) | (1.8M) | (3.5M) | (5.1M) | (4.6M) | (4.8M) | |
Capital Stock | 27.9M | 34.0M | 40.6M | 46.9M | 53.9M | 38.6M |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Gratifii Stock Analysis
When running Gratifii's price analysis, check to measure Gratifii'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 Gratifii is operating at the current time. Most of Gratifii's value examination focuses on studying past and present price action to predict the probability of Gratifii's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gratifii's price. Additionally, you may evaluate how the addition of Gratifii to your portfolios can decrease your overall portfolio volatility.