Gerdau Net Tangible Assets vs Retained Earnings Analysis
GGB Stock | USD 3.61 0.12 3.44% |
Gerdau SA financial indicator trend analysis is much more than just examining Gerdau SA ADR latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gerdau SA ADR is a good investment. Please check the relationship between Gerdau SA Net Tangible Assets and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gerdau SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Net Tangible Assets vs Retained Earnings
Net Tangible Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gerdau SA ADR Net Tangible Assets account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gerdau SA's Net Tangible Assets and Retained Earnings is 0.71. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Gerdau SA ADR, assuming nothing else is changed. The correlation between historical values of Gerdau SA's Net Tangible Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Gerdau SA ADR are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Tangible Assets i.e., Gerdau SA's Net Tangible Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Gerdau SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gerdau SA ADR 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 Gerdau SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. At present, Gerdau SA's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.04, whereas Tax Provision is forecasted to decline to about 1.5 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 20.8B | 18.8B | 11.3B | 6.9B | Total Revenue | 78.3B | 82.4B | 68.9B | 37.3B |
Gerdau SA fundamental ratios Correlations
Click cells to compare fundamentals
Gerdau SA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gerdau SA fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 54.0B | 63.1B | 73.8B | 73.8B | 74.9B | 47.1B | |
Short Long Term Debt Total | 16.9B | 18.4B | 15.0B | 13.7B | 12.2B | 14.2B | |
Other Current Liab | 666.9M | 1.7B | 1.1B | 3.4B | 2.7B | 1.6B | |
Total Current Liabilities | 7.4B | 11.5B | 14.0B | 13.5B | 11.3B | 7.6B | |
Total Stockholder Equity | 27.0B | 30.9B | 42.6B | 46.1B | 49.1B | 51.5B | |
Property Plant And Equipment Net | 16.7B | 18.1B | 19.6B | 21.4B | 24.1B | 15.9B | |
Net Debt | 14.2B | 13.8B | 10.8B | 11.2B | 9.2B | 12.0B | |
Retained Earnings | 5.6B | 7.3B | 17.8B | 22.2B | 25.9B | 27.2B | |
Accounts Payable | 3.8B | 5.4B | 8.0B | 6.6B | 5.9B | 3.1B | |
Cash | 2.6B | 4.6B | 4.2B | 2.5B | 3.0B | 2.2B | |
Non Current Assets Total | 35.8B | 39.7B | 41.2B | 42.5B | 45.7B | 29.4B | |
Non Currrent Assets Other | 3.1B | 3.3B | 2.4B | 3.6B | 2.3B | 2.0B | |
Cash And Short Term Investments | 6.3B | 7.7B | 6.8B | 5.4B | 5.3B | 4.4B | |
Net Receivables | 3.7B | 6.0B | 8.3B | 7.2B | 6.9B | 4.1B | |
Common Stock Shares Outstanding | 1.8B | 1.8B | 1.8B | 1.8B | 2.1B | 2.0B | |
Short Term Investments | 3.7B | 3.0B | 2.6B | 3.0B | 2.3B | 2.2B | |
Liabilities And Stockholders Equity | 54.0B | 63.1B | 73.8B | 73.8B | 74.9B | 46.9B | |
Non Current Liabilities Total | 19.4B | 20.6B | 17.0B | 14.0B | 14.4B | 15.4B | |
Inventory | 7.7B | 9.2B | 16.9B | 17.8B | 15.2B | 7.9B | |
Other Current Assets | 618.8M | 591.5M | 679.2M | 789.9M | 1.8B | 1.8B | |
Other Stockholder Equity | (3.1B) | (3.1B) | (3.0B) | (3.1B) | (150.2M) | (142.7M) | |
Total Liab | 26.8B | 32.0B | 31.0B | 27.5B | 25.6B | 23.5B | |
Property Plant And Equipment Gross | 16.7B | 18.1B | 19.6B | 57.0B | 59.9B | 62.9B | |
Total Current Assets | 18.2B | 23.4B | 32.6B | 31.3B | 29.2B | 17.2B | |
Accumulated Other Comprehensive Income | 5.2B | 7.4B | 8.5B | 7.8B | 3.1B | 3.2B | |
Short Term Debt | 1.8B | 1.7B | 2.0B | 3.4B | 2.2B | 2.5B | |
Current Deferred Revenue | 1.2B | 2.6B | 2.8B | 502.8M | 578.2M | 957.9M | |
Other Liab | 4.3B | 3.8B | 4.0B | 3.8B | 4.3B | 4.6B | |
Other Assets | 7.1B | 6.6B | 5.3B | 4.7B | 1.0 | 0.95 | |
Long Term Debt | 14.5B | 16.1B | 12.3B | 9.5B | 9.1B | 9.1B | |
Property Plant Equipment | 16.7B | 18.1B | 19.6B | 21.4B | 24.6B | 25.8B | |
Intangible Assets | 673.3M | 622.6M | 509.8M | 415.2M | 373.7M | 355.0M | |
Good Will | 9.5B | 12.1B | 12.4B | 11.1B | 10.8B | 9.4B | |
Treasury Stock | (280.4M) | (242.5M) | (229.3M) | (152.4M) | (137.2M) | (144.0M) | |
Net Tangible Assets | 16.8B | 18.1B | 29.7B | 34.1B | 39.2B | 19.6B | |
Long Term Investments | 1.8B | 2.3B | 3.3B | 3.9B | 3.9B | 2.2B | |
Short Long Term Debt | 1.6B | 1.4B | 1.8B | 3.1B | 1.8B | 2.7B | |
Long Term Debt Total | 16.1B | 16.8B | 12.9B | 10.2B | 9.2B | 12.8B |
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Is Gerdau SA'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 Gerdau SA. If investors know Gerdau 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 Gerdau SA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.55) | Dividend Share 1.258 | Earnings Share 0.69 | Revenue Per Share 32.84 | Quarterly Revenue Growth (0.18) |
The market value of Gerdau SA ADR is measured differently than its book value, which is the value of Gerdau that is recorded on the company's balance sheet. Investors also form their own opinion of Gerdau SA's value that differs from its market value or its book value, called intrinsic value, which is Gerdau SA'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 Gerdau SA's market value can be influenced by many factors that don't directly affect Gerdau SA'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 Gerdau SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gerdau SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gerdau SA'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.