StealthGas Other Current Liab vs Net Debt Analysis
GASS Stock | USD 6.07 0.11 1.85% |
StealthGas financial indicator trend analysis is much more than just breaking down StealthGas prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether StealthGas is a good investment. Please check the relationship between StealthGas Other Current Liab and its Net Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in StealthGas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy StealthGas Stock please use our How to Invest in StealthGas guide.
Other Current Liab vs Net Debt
Other Current Liab vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of StealthGas Other Current Liab account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between StealthGas' Other Current Liab and Net Debt is 0.57. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Net Debt in the same time period over historical financial statements of StealthGas, assuming nothing else is changed. The correlation between historical values of StealthGas' Other Current Liab and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of StealthGas are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Current Liab i.e., StealthGas' Other Current Liab and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Current Liab
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from StealthGas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into StealthGas 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 StealthGas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy StealthGas Stock please use our How to Invest in StealthGas guide.At this time, StealthGas' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 318.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 9.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 61.2M | 72.7M | 74.6M | 53.0M | Total Revenue | 150.2M | 152.8M | 143.5M | 130.3M |
StealthGas fundamental ratios Correlations
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StealthGas Account Relationship Matchups
High Positive Relationship
High Negative Relationship
StealthGas fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 953.4M | 944.0M | 798.7M | 821.5M | 697.2M | 802.7M | |
Other Current Liab | 12.3M | 8.6M | 12.5M | 9.4M | 6.6M | 6.3M | |
Total Current Liabilities | 66.4M | 63.1M | 58.7M | 56.6M | 38.7M | 65.1M | |
Total Stockholder Equity | 559.2M | 564.6M | 474.8M | 517.9M | 549.7M | 453.9M | |
Property Plant And Equipment Net | 838.6M | 838.9M | 681.4M | 651.9M | 527.8M | 702.7M | |
Retained Earnings | 82.9M | 94.9M | 59.8M | 94.1M | 146.0M | 153.3M | |
Accounts Payable | 9.0M | 10.0M | 8.6M | 11.8M | 10.0M | 7.5M | |
Non Current Assets Total | 875.5M | 896.0M | 747.0M | 716.8M | 576.4M | 723.7M | |
Non Currrent Assets Other | 12.4M | 13.9M | 12.2M | 18.3M | 1.1M | 1.1M | |
Net Receivables | 4.5M | 3.7M | 2.2M | 4.8M | 4.6M | 3.4M | |
Common Stock Total Equity | 501.9M | 502.3M | 502.9M | 500.0M | 575.0M | 603.7M | |
Common Stock Shares Outstanding | 39.8M | 38.4M | 37.9M | 38.0M | 37.2M | 31.5M | |
Liabilities And Stockholders Equity | 953.4M | 944.0M | 798.7M | 821.5M | 697.2M | 802.7M | |
Inventory | 2.4M | 3.7M | 2.8M | 3.1M | 2.0M | 2.4M | |
Other Current Assets | 118.2K | 309.6K | 299.0K | 270.5K | 36.4M | 38.2M | |
Other Stockholder Equity | 478.1M | 474.2M | 417.6M | 418.2M | 402.5M | 384.9M | |
Total Liab | 394.3M | 379.4M | 323.9M | 303.6M | 147.5M | 140.2M | |
Property Plant And Equipment Gross | 835.6M | 838.9M | 872.8M | 851.4M | 979.1M | 711.9M | |
Total Current Assets | 77.9M | 48.1M | 51.7M | 104.7M | 120.8M | 79.0M | |
Accumulated Other Comprehensive Income | (2.3M) | (5.0M) | (3.1M) | 5.2M | 731.8K | 768.4K | |
Short Long Term Debt Total | 366.5M | 351.8M | 293.9M | 277.1M | 123.6M | 117.5M | |
Current Deferred Revenue | 3.8M | 4.0M | 5.7M | 5.2M | 5.4M | 5.2M | |
Net Debt | 298.0M | 313.6M | 262.6M | 221.3M | 45.8M | 43.5M | |
Cash | 68.5M | 38.2M | 31.3M | 55.8M | 77.9M | 60.1M | |
Other Assets | 15.3M | 20.4M | 12.2M | 41.7M | 48.0M | 50.3M | |
Long Term Debt | 325.2M | 311.2M | 262.0M | 247.0M | 284.1M | 304.8M | |
Cash And Short Term Investments | 68.5M | 38.2M | 31.3M | 82.3M | 77.9M | 61.6M | |
Non Current Liabilities Total | 327.9M | 316.3M | 265.2M | 247.1M | 108.9M | 103.4M | |
Short Term Debt | 41.2M | 40.5M | 31.9M | 30.1M | 16.7M | 15.9M | |
Property Plant Equipment | 835.6M | 832.3M | 681.4M | 628.5M | 722.8M | 737.3M | |
Net Tangible Assets | 559.2M | 564.6M | 474.8M | 517.9M | 466.1M | 437.9M | |
Short Long Term Debt | 40.7M | 40.5M | 31.8M | 30.1M | 27.1M | 25.7M | |
Long Term Investments | 25.3M | 43.2M | 53.3M | 46.6M | 53.6M | 56.3M |
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Is StealthGas' 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 StealthGas. If investors know StealthGas 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 StealthGas 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 0.27 | Earnings Share 1.27 | Revenue Per Share 3.862 | Quarterly Revenue Growth (0.20) | Return On Assets 0.0337 |
The market value of StealthGas is measured differently than its book value, which is the value of StealthGas that is recorded on the company's balance sheet. Investors also form their own opinion of StealthGas' value that differs from its market value or its book value, called intrinsic value, which is StealthGas' 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 StealthGas' market value can be influenced by many factors that don't directly affect StealthGas' 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 StealthGas' value and its price as these two are different measures arrived at by different means. Investors typically determine if StealthGas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, StealthGas' 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.