Gogo Research Development vs Operating Income Analysis

GOGO Stock  USD 9.14  0.35  3.98%   
Gogo financial indicator trend analysis is much more than just examining Gogo Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gogo Inc is a good investment. Please check the relationship between Gogo Research Development and its Operating Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gogo Inc. 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.

Research Development vs Operating Income

Research Development vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gogo Inc Research Development account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Gogo's Research Development and Operating Income is -0.32. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Operating Income in the same time period over historical financial statements of Gogo Inc, assuming nothing else is changed. The correlation between historical values of Gogo's Research Development and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Gogo Inc are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Research Development i.e., Gogo's Research Development and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Research Development

Operating Income

Operating Income is the amount of profit realized from Gogo Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Gogo Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Gogo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gogo Inc 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 Gogo Inc. 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 this time, Gogo's Selling General Administrative is very stable compared to the past year. As of the 28th of April 2024, Sales General And Administrative To Revenue is likely to grow to 0.24, though Tax Provision is likely to grow to (47.2 M).
 2021 2022 2023 2024 (projected)
Interest Expense67.5M38.9M36.0M64.3M
Depreciation And Amortization15.6M14.8M16.7M15.9M

Gogo fundamental ratios Correlations

0.730.90.62-0.040.890.860.73-0.490.490.260.940.770.650.92-0.03-0.150.820.640.510.590.820.890.91-0.140.72
0.730.640.8-0.530.450.450.97-0.92-0.020.430.580.510.550.72-0.170.190.850.610.610.750.890.430.790.440.18
0.90.640.71-0.220.890.960.64-0.30.460.180.840.90.570.870.24-0.350.80.650.30.320.810.860.83-0.120.81
0.620.80.71-0.560.450.580.69-0.580.20.620.380.550.740.550.14-0.270.670.40.090.420.790.40.80.610.42
-0.04-0.53-0.22-0.560.06-0.04-0.550.50.49-0.10.06-0.16-0.06-0.160.0-0.12-0.57-0.28-0.08-0.08-0.590.11-0.16-0.60.22
0.890.450.890.450.060.940.47-0.140.590.080.930.860.480.820.03-0.40.70.530.250.240.680.980.71-0.390.86
0.860.450.960.58-0.040.940.46-0.090.620.120.850.90.510.810.3-0.460.670.560.190.210.680.920.73-0.290.92
0.730.970.640.69-0.550.470.46-0.88-0.060.190.630.530.410.74-0.170.290.890.680.710.690.90.450.720.30.15
-0.49-0.92-0.3-0.580.5-0.14-0.09-0.880.22-0.4-0.35-0.2-0.36-0.510.38-0.46-0.66-0.49-0.68-0.8-0.7-0.13-0.57-0.530.18
0.49-0.020.460.20.490.590.62-0.060.220.130.50.380.420.330.27-0.350.060.05-0.070.180.090.570.4-0.340.78
0.260.430.180.62-0.10.080.120.19-0.40.130.010.080.680.14-0.08-0.290.13-0.03-0.140.430.270.070.520.650.14
0.940.580.840.380.060.930.850.63-0.350.50.010.80.390.9-0.02-0.070.760.630.560.490.710.930.71-0.410.71
0.770.510.90.55-0.160.860.90.53-0.20.380.080.80.280.80.21-0.440.680.730.290.20.680.840.61-0.230.77
0.650.550.570.74-0.060.480.510.41-0.360.420.680.390.280.41-0.02-0.350.440.05-0.020.430.550.460.860.380.51
0.920.720.870.55-0.160.820.810.74-0.510.330.140.90.80.41-0.01-0.010.850.820.570.530.830.840.8-0.180.6
-0.03-0.170.240.140.00.030.3-0.170.380.27-0.08-0.020.21-0.02-0.01-0.21-0.13-0.04-0.14-0.15-0.130.05-0.04-0.090.38
-0.150.19-0.35-0.27-0.12-0.4-0.460.29-0.46-0.35-0.29-0.07-0.44-0.35-0.01-0.210.040.050.590.39-0.04-0.35-0.210.05-0.62
0.820.850.80.67-0.570.70.670.89-0.660.060.130.760.680.440.85-0.130.040.710.530.510.980.680.750.080.4
0.640.610.650.4-0.280.530.560.68-0.490.05-0.030.630.730.050.82-0.040.050.710.640.410.670.550.54-0.130.35
0.510.610.30.09-0.080.250.190.71-0.68-0.07-0.140.560.29-0.020.57-0.140.590.530.640.770.450.280.36-0.16-0.03
0.590.750.320.42-0.080.240.210.69-0.80.180.430.490.20.430.53-0.150.390.510.410.770.520.270.610.230.09
0.820.890.810.79-0.590.680.680.9-0.70.090.270.710.680.550.83-0.13-0.040.980.670.450.520.650.820.230.41
0.890.430.860.40.110.980.920.45-0.130.570.070.930.840.460.840.05-0.350.680.550.280.270.650.7-0.420.85
0.910.790.830.8-0.160.710.730.72-0.570.40.520.710.610.860.8-0.04-0.210.750.540.360.610.820.70.20.61
-0.140.44-0.120.61-0.6-0.39-0.290.3-0.53-0.340.65-0.41-0.230.38-0.18-0.090.050.08-0.13-0.160.230.23-0.420.2-0.37
0.720.180.810.420.220.860.920.150.180.780.140.710.770.510.60.38-0.620.40.35-0.030.090.410.850.61-0.37
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Gogo Account Relationship Matchups

Gogo fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B673.6M647.7M759.5M781.5M856.7M
Short Long Term Debt Total1.2B1.2B881.7M776.7M678.1M646.4M
Other Current Liab188.5M83.0M59.9M60.1M37.4M35.5M
Total Current Liabilities252.6M438.1M188.5M84.4M72.0M68.4M
Total Stockholder Equity(398.9M)(641.1M)(320.2M)(101.9M)40.7M42.8M
Property Plant And Equipment Net623.7M97.2M134.7M179.9M168.7M334.7M
Current Deferred Revenue34.8M3.1M1.8M3.4M1.0M952.8K
Net Debt1.0B771.6M735.8M626.1M539.1M453.8M
Retained Earnings(1.4B)(1.6B)(1.5B)(1.4B)(1.2B)(1.3B)
Accounts Payable17.2M11.0M17.2M13.6M16.1M16.2M
Cash170.0M435.3M145.9M150.6M139.0M192.5M
Non Current Assets Total789.9M161.4M397.8M435.4M466.9M485.9M
Non Currrent Assets Other89.7M11.5M3.5M4.1M5.7M5.5M
Cash And Short Term Investments170.0M435.3M145.9M175.3M139.0M237.7M
Net Receivables101.4M39.8M37.7M54.2M73.4M61.7M
Common Stock Shares Outstanding80.8M82.3M127.2M133.9M133.3M98.9M
Liabilities And Stockholders Equity1.2B673.6M647.7M759.5M781.5M856.7M
Non Current Liabilities Total1.4B876.6M779.3M777.0M668.8M823.2M
Inventory117.1M28.1M34.0M49.5M63.2M49.2M
Other Current Assets36.3M8.9M32.3M45.1M38.9M22.2M
Other Stockholder Equity979.5M989.7M1.1B1.2B1.2B830.1M
Total Liab1.6B1.3B967.8M861.4M740.8M1.0B
Property Plant And Equipment Gross623.7M97.2M63.7M179.9M290.0M338.4M
Total Current Assets424.8M512.2M249.9M324.1M314.6M370.8M
Accumulated Other Comprehensive Income(2.3M)(1.0M)1.8M30.1M15.8M16.6M
Short Term Debt12.2M341M109.6M7.3M17.5M16.7M
Intangible Assets75.9M52.1M48.9M48.9M55.0M52.9M
Other Liab180.9M10.6M7.2M7.6M6.8M6.5M
Other Assets89.7M11.5M213.6M180.4M207.5M217.9M
Long Term Debt1.1B828.0M694.8M690.2M587.5M672.0M
Short Term Investments39.3M170.0M925K24.8M23.2M22.1M
Property Plant Equipment560.3M63.5M63.7M179.9M161.9M264.5M
Net Tangible Assets(475.4M)(693.8M)(320.2M)(151.4M)(136.2M)(143.1M)
Retained Earnings Total Equity(1.2B)(1.4B)(1.6B)(1.5B)(1.3B)(1.4B)
Long Term Debt Total1.0B1.1B828.0M694.8M799.0M798.2M
Capital Surpluse963.5M979.5M1.1B1.3B1.4B1.1B
Deferred Long Term Liab129.1M135.4M1.9M1.4M1.3M1.2M
Non Current Liabilities Other124.3M48.6M84.6M7.6M8.3M7.9M
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 Gogo 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, Gogo's short interest history, or implied volatility extrapolated from Gogo options trading.

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When determining whether Gogo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gogo'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 Gogo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gogo Inc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gogo Inc. 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.
Note that the Gogo Inc information on this page should be used as a complementary analysis to other Gogo'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 Commodity Directory module to find actively traded commodities issued by global exchanges.

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When running Gogo's price analysis, check to measure Gogo'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 Gogo is operating at the current time. Most of Gogo's value examination focuses on studying past and present price action to predict the probability of Gogo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gogo's price. Additionally, you may evaluate how the addition of Gogo to your portfolios can decrease your overall portfolio volatility.
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Is Gogo'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 Gogo. If investors know Gogo 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 Gogo 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
(0.47)
Earnings Share
1.09
Revenue Per Share
3.064
Quarterly Revenue Growth
(0.1)
Return On Assets
0.1007
The market value of Gogo Inc is measured differently than its book value, which is the value of Gogo that is recorded on the company's balance sheet. Investors also form their own opinion of Gogo's value that differs from its market value or its book value, called intrinsic value, which is Gogo'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 Gogo's market value can be influenced by many factors that don't directly affect Gogo'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 Gogo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gogo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gogo'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.