GPT Net Income vs. Current Ratio
| 46T Stock | EUR 2.65 0.01 0.38% |
For GPT profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GPT to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GPT Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GPT's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GPT Group over time as well as its relative position and ranking within its peers.
GPT |
GPT Group Current Ratio vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining GPT's current stock value. Our valuation model uses many indicators to compare GPT value to that of its competitors to determine the firm's financial worth. GPT Group is rated fifth in net income category among its peers. It is rated below average in current ratio category among its peers . The ratio of Net Income to Current Ratio for GPT Group is about 3,833,583,333 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the GPT's earnings, one of the primary drivers of an investment's value.GPT Current Ratio vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
GPT |
| = | 920.06 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
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| = | 0.24 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
GPT Current Ratio Comparison
GPT is rated below average in current ratio category among its peers.
GPT Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in GPT, profitability is also one of the essential criteria for including it into their portfolios because, without profit, GPT will eventually generate negative long term returns. The profitability progress is the general direction of GPT's change in net profit over the period of time. It can combine multiple indicators of GPT, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The GPT Group is one of Australias largest diversified property groups and a top 50 ASX listed company by market capitalisation. The Group has a substantial investor base with more than 32,000 shareholders. GPT operates under REIT - Diversified classification in Germany and is traded on Frankfurt Stock Exchange.
GPT Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on GPT. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of GPT position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the GPT's important profitability drivers and their relationship over time.
Use GPT in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if GPT position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in GPT will appreciate offsetting losses from the drop in the long position's value.GPT Pair Trading
GPT Group Pair Trading Analysis
The ability to find closely correlated positions to GPT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GPT when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back GPT - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling GPT Group to buy it.
The correlation of GPT is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GPT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GPT Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for GPT can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your GPT position
In addition to having GPT in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Currency Funds Thematic Idea Now
Currency Funds
Funds or Etfs investing in a single currency or combination of currencies from different countries in order to replicate respective foreign exchange markets. The Currency Funds theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Currency Funds Theme or any other thematic opportunities.
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Other Information on Investing in GPT Stock
To fully project GPT's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of GPT Group at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include GPT's income statement, its balance sheet, and the statement of cash flows.