Gran Interest Coverage from 2010 to 2023

GTE Stock  USD 6.30  0.10  1.56%   
Gran Tierra Interest Coverage is decreasing over the years with slightly volatile fluctuation. Ongoing Interest Coverage is projected to grow to 7.02 this year. During the period from 2010 to 2023 Gran Tierra Interest Coverage annual values regression line had geometric mean of 8.46 and mean square error of  59.65. At present, Gran Tierra's Earning Before Interest and Taxes EBIT is projected to decrease significantly based on the last few years of reporting. . The current year's Net Income is expected to grow to about 150 M, whereas Cost of Revenue is forecasted to decline to about 166.1 M.
Check Gran Tierra financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gran main balance sheet or income statement drivers, such as Direct Expenses of 144.1 M, Consolidated Income of 150 M or Cost of Revenue of 166.1 M, as well as many exotic indicators such as Interest Coverage of 7.02, Long Term Debt to Equity of 1.22 or Calculated Tax Rate of 51.34. Gran financial statements analysis is a perfect complement when working with Gran Tierra Valuation or Volatility modules.
  
This module can also supplement Gran Tierra's financial leverage analysis and stock options assessment as well as various Gran Tierra Technical models . Check out the analysis of Gran Tierra Correlation against competitors.

Gran Interest Coverage Breakdown

Showing smoothed Interest Coverage of Gran Tierra Energy with missing and latest data points interpolated. Gran Tierra's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Gran Tierra's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

Gran Interest Coverage Regression Statistics

Arithmetic Mean11.87
Geometric Mean8.46
Coefficient Of Variation87.85
Mean Deviation7.89
Median8.70
Standard Deviation10.42
Sample Variance108.67
Range31.82
R-Value(0.70)
Mean Square Error59.65
R-Squared0.49
Significance0.005095
Slope(1.75)
Total Sum of Squares1,413

Gran Interest Coverage History

2023 7.02
2022 6.84
2020 2.39
2019 2.47
2018 7.48
2014 8.7
2013 34.21
2012 25.78
2011 30.4
2010 12.33

About Gran Tierra Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Gran Tierra income statement, its balance sheet, and the statement of cash flows. Gran Tierra investors use historical funamental indicators, such as Gran Tierra's Interest Coverage, to determine how well the company is positioned to perform in the future. Although Gran Tierra investors may use each financial statement separately, they are all related. The changes in Gran Tierra's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Gran Tierra's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Gran Tierra Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Gran Tierra. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Interest Coverage 6.84  7.02 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA474.5 M512 M

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When determining whether Gran Tierra Energy is a strong investment it is important to analyze Gran Tierra's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gran Tierra's future performance. For an informed investment choice regarding Gran Stock, refer to the following important reports:
Check out the analysis of Gran Tierra Correlation against competitors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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Is Gran Tierra'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 Gran Tierra. If investors know Gran 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 Gran Tierra 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
(0.81)
Earnings Share
0.5
Revenue Per Share
18.893
Quarterly Revenue Growth
0.068
Return On Assets
0.0882
The market value of Gran Tierra Energy is measured differently than its book value, which is the value of Gran that is recorded on the company's balance sheet. Investors also form their own opinion of Gran Tierra's value that differs from its market value or its book value, called intrinsic value, which is Gran Tierra'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 Gran Tierra's market value can be influenced by many factors that don't directly affect Gran Tierra'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 Gran Tierra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gran Tierra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gran Tierra'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.