Gan Operating Income vs Tax Provision Analysis

GAN Stock  USD 1.32  0.02  1.49%   
Gan financial indicator trend analysis is much more than just examining Gan latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gan is a good investment. Please check the relationship between Gan Operating 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 Gan. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Gan Stock, please use our How to Invest in Gan guide.

Operating Income vs Tax Provision

Operating Income vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gan Operating Income account and Tax Provision. At this time, the significance of the direction appears to have weak relationship.
The correlation between Gan's Operating Income and Tax Provision is 0.32. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Gan, assuming nothing else is changed. The correlation between historical values of Gan's Operating 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 Operating Income of Gan 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 Operating Income i.e., Gan's Operating Income and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Operating Income

Operating Income is the amount of profit realized from Gan 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 Gan 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.

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 Gan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gan 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 Gan. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Gan Stock, please use our How to Invest in Gan guide.As of the 19th of May 2024, Tax Provision is likely to grow to about 4 M, while Selling General Administrative is likely to drop about 25.4 M.
 2021 2023 2024 (projected)
Depreciation And Amortization16.9M17.2M9.1M
Interest Income32K28.8K28.2K

Gan fundamental ratios Correlations

-0.43-0.45-0.22-0.330.29-0.370.24-0.570.45-0.53-0.31-0.61-0.42-0.19-0.3-0.40.41-0.51-0.17-0.79-0.51-0.31-0.59-0.19-0.6
-0.431.00.710.01-0.80.97-0.20.92-0.780.6-0.50.970.80.630.470.7-0.230.510.660.850.51-0.520.840.690.87
-0.451.00.730.0-0.820.97-0.240.93-0.770.6-0.480.970.780.650.440.73-0.230.510.630.860.51-0.50.860.710.88
-0.220.710.73-0.39-0.990.76-0.630.77-0.350.32-0.420.630.310.98-0.20.90.180.260.160.610.26-0.430.691.00.56
-0.330.010.0-0.390.30.09-0.070.01-0.540.74-0.240.060.44-0.40.66-0.22-0.960.790.030.130.79-0.230.17-0.40.24
0.29-0.8-0.82-0.990.3-0.840.6-0.840.46-0.420.45-0.73-0.43-0.960.07-0.9-0.09-0.34-0.25-0.7-0.340.46-0.76-0.99-0.66
-0.370.970.970.760.09-0.84-0.390.93-0.770.7-0.620.910.750.690.40.72-0.320.620.50.810.62-0.640.830.750.85
0.24-0.2-0.24-0.63-0.070.6-0.39-0.480.12-0.470.21-0.160.09-0.650.41-0.520.17-0.460.53-0.35-0.460.22-0.41-0.64-0.33
-0.570.920.930.770.01-0.840.93-0.48-0.670.64-0.350.910.630.680.260.69-0.260.560.370.880.56-0.360.870.760.9
0.45-0.78-0.77-0.35-0.540.46-0.770.12-0.67-0.850.58-0.76-0.95-0.3-0.8-0.490.69-0.82-0.66-0.69-0.820.58-0.83-0.33-0.83
-0.530.60.60.320.74-0.420.7-0.470.64-0.85-0.540.60.740.270.610.39-0.870.990.240.630.99-0.540.70.310.72
-0.31-0.5-0.48-0.42-0.240.45-0.620.21-0.350.58-0.54-0.32-0.57-0.37-0.4-0.310.36-0.52-0.38-0.09-0.521.0-0.36-0.42-0.33
-0.610.970.970.630.06-0.730.91-0.160.91-0.760.6-0.320.790.560.490.69-0.270.510.650.930.51-0.340.840.610.88
-0.420.80.780.310.44-0.430.750.090.63-0.950.74-0.570.790.240.870.43-0.590.70.830.640.7-0.560.740.290.74
-0.190.630.650.98-0.4-0.960.69-0.650.68-0.30.27-0.370.560.24-0.270.930.230.220.10.570.22-0.380.640.980.49
-0.30.470.44-0.20.660.070.40.410.26-0.80.61-0.40.490.87-0.27-0.03-0.720.60.760.340.6-0.390.4-0.220.48
-0.40.70.730.9-0.22-0.90.72-0.520.69-0.490.39-0.310.690.430.93-0.030.070.350.270.740.35-0.320.760.880.61
0.41-0.23-0.230.18-0.96-0.09-0.320.17-0.260.69-0.870.36-0.27-0.590.23-0.720.07-0.9-0.14-0.31-0.90.35-0.360.2-0.43
-0.510.510.510.260.79-0.340.62-0.460.56-0.820.99-0.520.510.70.220.60.35-0.90.190.561.0-0.520.650.240.65
-0.170.660.630.160.03-0.250.50.530.37-0.660.24-0.380.650.830.10.760.27-0.140.190.40.19-0.370.470.140.47
-0.790.850.860.610.13-0.70.81-0.350.88-0.690.63-0.090.930.640.570.340.74-0.310.560.40.56-0.110.860.590.88
-0.510.510.510.260.79-0.340.62-0.460.56-0.820.99-0.520.510.70.220.60.35-0.91.00.190.56-0.520.650.240.65
-0.31-0.52-0.5-0.43-0.230.46-0.640.22-0.360.58-0.541.0-0.34-0.56-0.38-0.39-0.320.35-0.52-0.37-0.11-0.52-0.37-0.43-0.35
-0.590.840.860.690.17-0.760.83-0.410.87-0.830.7-0.360.840.740.640.40.76-0.360.650.470.860.65-0.370.670.95
-0.190.690.711.0-0.4-0.990.75-0.640.76-0.330.31-0.420.610.290.98-0.220.880.20.240.140.590.24-0.430.670.54
-0.60.870.880.560.24-0.660.85-0.330.9-0.830.72-0.330.880.740.490.480.61-0.430.650.470.880.65-0.350.950.54
Click cells to compare fundamentals

Gan Account Relationship Matchups

Gan fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding23.4M27.0M42.0M42.4M44.2M35.6M
Other Current Liab5.0M11.3M24.9M23.4M25.5M13.3M
Total Current Liabilities10.5M17.3M33.0M32.5M36.7M20.0M
Net Tangible Assets14.7M148.4M33.0M(10.9M)(12.6M)(11.9M)
Retained Earnings(22.8M)(45.8M)(76.4M)(274.9M)(309.3M)(293.8M)
Accounts Payable1.7M4.7M5.3M6.4M7.0M4.2M
Other Assets5.0M737K13.5M896K806.4K766.1K
Net Receivables7.1M8.1M8.1M13.8M11.4M8.3M
Deferred Long Term Liab6.3M4.8M1.8M4.2M3.8M3.8M
Total Current Assets19.3M163.5M54.4M67.6M56.5M53.5M
Common Stock1.3M365K422K429K451K561.9K
Property Plant Equipment1.5M1.9M3.3M2.9M3.3M1.9M
Total Assets26.1M173.2M260.9M103.1M87.5M107.8M
Short Long Term Debt Total1.2M575K472K28.2M46.6M48.9M
Total Stockholder Equity15.1M155.6M224.0M20.8M(4.6M)(4.4M)
Property Plant And Equipment Net1.5M1.9M2.5M2.9M8.5M8.9M
Net Debt(8.9M)(152.1M)(39.0M)(17.8M)8.0M8.4M
Cash10.1M152.7M39.5M45.9M38.6M46.6M
Non Current Assets Total6.9M9.8M206.5M35.5M31.0M47.9M
Cash And Short Term Investments10.1M152.7M39.5M45.9M38.6M46.6M
Common Stock Total Equity1.3M365K422K429K386.1K595.6K
Liabilities And Stockholders Equity26.1M173.2M260.9M103.1M87.5M107.8M
Non Current Liabilities Total535K370K3.8M49.8M55.4M58.2M
Other Current Assets1.1M874K3.3M3.0M6.5M6.9M
Other Stockholder Equity38.6M203.8M319.6M329.0M336.6M202.3M
Total Liab11.0M17.7M36.9M82.3M92.1M96.7M
Property Plant And Equipment Gross1.5M1.9M5.0M6.4M4.7M3.4M
Accumulated Other Comprehensive Income(1.9M)(2.9M)(19.6M)(33.8M)(32.3M)(30.7M)
Intangible Assets5.2M7.1M50.3M31.7M20.7M20.1M
Current Deferred Revenue3.0M1.1M2.4M2.5M3.5M2.6M
Non Currrent Assets Other172K737K7.5M(3.3M)1.6M1.3M
Capital Lease Obligations1.2M575K472K195K4.4M4.6M
Inventory883K1.9M3.5M4.9M1.00.95
Net Invested Capital15.1M155.6M224.0M48.9M37.6M35.7M
Capital Stock1.3M365K422K429K451K562.3K
Net Working Capital8.8M146.2M21.4M35.1M19.8M18.8M
Short Term Debt692K262K472K195K804K413.9K

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When determining whether Gan offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gan'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 Gan Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gan Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gan. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Gan Stock, please use our How to Invest in Gan guide.
Note that the Gan information on this page should be used as a complementary analysis to other Gan'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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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When running Gan's price analysis, check to measure Gan'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 Gan is operating at the current time. Most of Gan's value examination focuses on studying past and present price action to predict the probability of Gan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gan's price. Additionally, you may evaluate how the addition of Gan to your portfolios can decrease your overall portfolio volatility.
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Is Gan'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 Gan. If investors know Gan 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 Gan 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
(0.77)
Earnings Share
(0.90)
Revenue Per Share
2.794
Quarterly Revenue Growth
(0.13)
Return On Assets
(0.19)
The market value of Gan is measured differently than its book value, which is the value of Gan that is recorded on the company's balance sheet. Investors also form their own opinion of Gan's value that differs from its market value or its book value, called intrinsic value, which is Gan'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 Gan's market value can be influenced by many factors that don't directly affect Gan'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 Gan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gan'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.