Gannett Interest Income vs Tax Provision Analysis

GCI Stock  USD 2.58  0.11  4.09%   
Gannett financial indicator trend analysis is much more than just examining Gannett latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gannett is a good investment. Please check the relationship between Gannett Interest Income and its Tax Provision accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gannett Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Interest Income vs Tax Provision

Interest Income vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gannett Interest Income account and Tax Provision. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Gannett's Interest Income and Tax Provision is 0.11. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Gannett Co, assuming nothing else is changed. The correlation between historical values of Gannett's Interest Income and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Gannett Co are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Interest Income i.e., Gannett's Interest Income and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Gannett's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gannett 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 Gannett Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
As of now, Gannett's Tax Provision is increasing as compared to previous years. The Gannett's current Enterprise Value Over EBITDA is estimated to increase to 9.39, while Selling General Administrative is forecasted to increase to (619.2 M).
 2021 2022 2023 2024 (projected)
Gross Profit1.3B1.1B815.6M703.6M
Total Revenue3.2B2.9B2.7B1.7B

Gannett fundamental ratios Correlations

0.740.60.540.880.30.610.780.57-0.170.830.440.740.850.440.770.720.850.570.730.730.880.690.710.730.82
0.740.690.820.960.570.980.980.640.140.790.671.00.690.670.990.980.740.720.960.970.690.830.970.990.53
0.60.690.490.74-0.20.620.671.0-0.580.740.230.70.610.230.680.620.71.00.630.780.80.970.630.620.52
0.540.820.490.750.550.770.810.450.170.370.440.820.630.440.860.880.60.540.880.730.620.630.770.80.19
0.880.960.740.750.460.90.970.7-0.020.890.60.960.80.60.970.940.830.760.930.960.810.870.920.950.68
0.30.57-0.20.550.460.620.57-0.270.850.230.650.560.230.650.560.610.2-0.150.580.420.020.020.60.630.13
0.610.980.620.770.90.620.940.560.260.760.710.970.580.710.950.940.630.670.910.960.530.770.960.970.45
0.780.980.670.810.970.570.940.620.120.80.620.980.730.620.990.960.750.70.970.950.720.820.920.970.55
0.570.641.00.450.7-0.270.560.62-0.630.70.140.650.580.140.640.580.680.990.580.740.780.960.580.560.49
-0.170.14-0.580.17-0.020.850.260.12-0.63-0.160.40.13-0.270.40.110.19-0.33-0.520.150.01-0.48-0.40.190.2-0.3
0.830.790.740.370.890.230.760.80.7-0.160.540.790.660.540.770.710.730.730.710.870.690.810.770.780.78
0.440.670.230.440.60.650.710.620.140.40.540.640.41.00.620.610.390.260.580.60.290.370.690.780.39
0.741.00.70.820.960.560.970.980.650.130.790.640.70.640.990.980.740.740.960.970.690.840.970.980.53
0.850.690.610.630.80.230.580.730.58-0.270.660.40.70.40.730.670.90.60.660.670.840.690.660.680.78
0.440.670.230.440.60.650.710.620.140.40.541.00.640.40.620.610.390.260.580.60.290.370.690.780.39
0.770.990.680.860.970.560.950.990.640.110.770.620.990.730.620.990.770.720.970.950.740.830.960.970.53
0.720.980.620.880.940.610.940.960.580.190.710.610.980.670.610.990.740.660.970.930.680.780.960.960.48
0.850.740.70.60.830.20.630.750.68-0.330.730.390.740.90.390.770.740.690.730.730.880.770.730.720.86
0.570.721.00.540.76-0.150.670.70.99-0.520.730.260.740.60.260.720.660.690.670.810.780.980.670.660.48
0.730.960.630.880.930.580.910.970.580.150.710.580.960.660.580.970.970.730.670.920.710.780.890.950.45
0.730.970.780.730.960.420.960.950.740.010.870.60.970.670.60.950.930.730.810.920.690.90.930.940.56
0.880.690.80.620.810.020.530.720.78-0.480.690.290.690.840.290.740.680.880.780.710.690.830.630.660.68
0.690.830.970.630.870.020.770.820.96-0.40.810.370.840.690.370.830.780.770.980.780.90.830.780.780.56
0.710.970.630.770.920.60.960.920.580.190.770.690.970.660.690.960.960.730.670.890.930.630.780.960.56
0.730.990.620.80.950.630.970.970.560.20.780.780.980.680.780.970.960.720.660.950.940.660.780.960.53
0.820.530.520.190.680.130.450.550.49-0.30.780.390.530.780.390.530.480.860.480.450.560.680.560.560.53
Click cells to compare fundamentals

Gannett Account Relationship Matchups

Gannett fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding67.7M131.7M134.8M136.9M139.6M75.7M
Total Assets4.0B3.1B2.8B2.4B2.2B1.9B
Short Long Term Debt Total1.9B1.9B1.5B1.4B1.3B1.0B
Other Current Liab349.3M48.6M251.0M213.8M161.3M134.2M
Total Current Liabilities718.5M741.3M662.5M617.0M533.5M375.5M
Total Stockholder Equity981.4M364.1M532.1M295.7M317.8M383.2M
Property Plant And Equipment Net1.1B879.8M687.3M539.3M460.8M505.4M
Current Deferred Revenue218.8M186.0M184.8M153.6M120.5M111.4M
Net Debt1.8B1.7B1.4B1.3B1.2B928.7M
Retained Earnings(116.0M)(786.4M)(921.4M)(999.4M)(1.0B)(975.8M)
Accounts Payable147.0M378.2M157.3M189.1M142.2M94.2M
Cash156.0M170.7M130.8M94.3M100.6M107.6M
Non Current Assets Total3.2B2.5B2.3B1.9B1.7B1.5B
Non Currrent Assets Other91.1M118.8M276.0M133.3M170.8M179.3M
Cash And Short Term Investments156.0M170.7M130.8M94.3M100.6M107.6M
Net Receivables438.5M314.3M328.7M289.4M266.1M211.8M
Good Will914.3M534.1M533.7M533.2M533.9M362.4M
Common Stock Total Equity1.3M1.4M1.4M1.5M1.8M1.9M
Liabilities And Stockholders Equity4.0B3.1B2.8B2.4B2.2B1.9B
Non Current Liabilities Total2.3B2.0B1.6B1.5B1.3B1.1B
Inventory55.1M35.1M37.7M45.2M26.8M26.0M
Other Current Assets129.5M116.6M80.1M78.9M50.8M48.2M
Other Stockholder Equity1.1B1.1B1.4B1.4B1.4B987.1M
Total Liab3.0B2.7B2.3B2.1B1.9B1.5B
Property Plant And Equipment Gross1.1B879.8M687.3M539.3M797.2M533.8M
Total Current Assets779.1M636.7M577.3M507.8M444.2M407.7M
Accumulated Other Comprehensive Income8.2M50.2M60.0M(101.2M)(65.5M)(62.3M)
Short Term Debt3.3M128.4M69.5M60.5M109.5M115.0M
Intangible Assets1.0B824.7M713.2M613.4M524.4M507.7M
Common Stock1.3M1.4M1.4M1.5M1.6M946K
Other Liab381.1M258.5M218.2M160.7M184.8M182.6M
Net Tangible Assets(945.5M)(994.6M)(714.8M)(850.8M)(765.7M)(804.0M)
Other Assets189.2M523.2M316.6M199.9M1.00.95
Long Term Debt1.6B1.5B1.2B1.1B980.9M1.0B
Long Term Debt Total1.6B1.5B1.2B1.1B1.3B1.0B
Capital Surpluse1.1B1.1B1.4B1.4B1.6B1.1B
Property Plant Equipment1.1B879.8M687.3M539.3M620.2M679.7M
Net Invested Capital2.6B2.0B1.8B1.5B1.4B1.8B
Short Long Term Debt3.3M128.4M69.5M60.5M63.8M53.5M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Gannett in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Gannett's short interest history, or implied volatility extrapolated from Gannett options trading.

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When determining whether Gannett offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gannett's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gannett Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gannett Co Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gannett Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Gannett information on this page should be used as a complementary analysis to other Gannett's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running Gannett's price analysis, check to measure Gannett'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 Gannett is operating at the current time. Most of Gannett's value examination focuses on studying past and present price action to predict the probability of Gannett's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gannett's price. Additionally, you may evaluate how the addition of Gannett to your portfolios can decrease your overall portfolio volatility.
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Is Gannett's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gannett. If investors know Gannett will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gannett listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.20)
Revenue Per Share
19.075
Quarterly Revenue Growth
(0.08)
Return On Assets
0.0241
Return On Equity
(0.09)
The market value of Gannett is measured differently than its book value, which is the value of Gannett that is recorded on the company's balance sheet. Investors also form their own opinion of Gannett's value that differs from its market value or its book value, called intrinsic value, which is Gannett's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gannett's market value can be influenced by many factors that don't directly affect Gannett's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gannett's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gannett is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gannett's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.