| GTY Stock | | | USD 32.88 0.43 1.29% |
Getty Realty financial indicator trend analysis is much more than just examining Getty Realty latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Getty Realty is a good investment. Please check the relationship between Getty Realty 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 Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Getty Stock please use our
How to Invest in Getty Realty guide.
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 Realty Capital Expenditures account and
Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Getty Realty's Capital Expenditures and Depreciation is -0.23. 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 Realty, assuming nothing else is changed. The correlation between historical values of Getty Realty'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 Realty 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 Realty's Capital Expenditures and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.23 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Capital Expenditures
Capital Expenditures are funds used by Getty Realty 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 Realty 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 Realty value has been used up. For tax purposes Getty Realty can deduct the cost of the tangible assets it purchases as business expenses. However, Getty Realty 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 Realty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Getty Realty 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 Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Getty Stock please use our
How to Invest in Getty Realty guide.At this time, Getty Realty's
Issuance Of Capital Stock is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 1.9
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 13.5
M in 2024.
Getty Realty fundamental ratios Correlations
Click cells to compare fundamentals
Getty Realty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Getty Realty fundamental ratios Accounts
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Additional Tools for Getty Stock Analysis
When running Getty Realty's price analysis, check to
measure Getty Realty'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 Getty Realty is operating at the current time. Most of Getty Realty's value examination focuses on studying past and present price action to
predict the probability of Getty Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Getty Realty's price. Additionally, you may evaluate how the addition of Getty Realty to your portfolios can decrease your overall portfolio volatility.