StealthGas Total Revenue vs Selling General Administrative Analysis

GASS Stock

USD 7.02 0.27 4.00%

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 Total Revenue and its Selling General Administrative 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.

Total Revenue vs Selling General Administrative

Total Revenue vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of StealthGas Total Revenue account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.

The correlation between StealthGas' Total Revenue and Selling General Administrative is 0.95. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of StealthGas, assuming nothing else is changed. The correlation between historical values of StealthGas' Total Revenue and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of StealthGas are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Revenue i.e., StealthGas' Total Revenue and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Revenue

Total revenue comprises all receipts StealthGas generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Selling General Administrative

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 9.3 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	61.2M	72.7M	74.6M	68.8M
Total Revenue	150.2M	152.8M	143.5M	130.3M

Gross Profit Total Revenue

StealthGas fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Liab	Current Deferred Revenue	Net Debt	Cash	Other Assets	Long Term Debt
Total Assets		0.53	0.88	0.93	0.99	0.58	0.83	0.99	0.22	0.64	0.72	0.89	0.81	-0.03	0.96	0.83	0.94	0.63	0.84	0.73	0.0	0.55	0.61	0.5	0.4	0.72
Other Current Liab	0.53		0.64	0.39	0.52	0.02	0.42	0.5	0.26	0.0	0.23	0.41	0.19	-0.26	0.44	0.62	0.48	0.45	0.37	0.58	-0.05	0.47	0.57	0.09	0.04	0.6
Total Current Liabilities	0.88	0.64		0.72	0.88	0.39	0.59	0.86	0.08	0.54	0.51	0.66	0.59	-0.08	0.76	0.83	0.75	0.62	0.6	0.77	0.13	0.5	0.65	0.51	0.26	0.75
Total Stockholder Equity	0.93	0.39	0.72		0.88	0.72	0.91	0.9	0.25	0.73	0.86	0.97	0.73	0.09	0.99	0.64	0.92	0.71	0.96	0.52	-0.23	0.66	0.38	0.58	0.5	0.5
Property Plant And Equipment Net	0.99	0.52	0.88	0.88		0.5	0.76	0.99	0.15	0.58	0.64	0.83	0.8	-0.08	0.91	0.87	0.9	0.53	0.77	0.78	0.07	0.48	0.68	0.44	0.4	0.77
Retained Earnings	0.58	0.02	0.39	0.72	0.5		0.64	0.53	-0.09	0.69	0.85	0.66	0.44	0.69	0.66	0.06	0.59	0.62	0.69	-0.09	-0.32	0.53	-0.25	0.51	0.63	-0.12
Accounts Payable	0.83	0.42	0.59	0.91	0.76	0.64		0.81	0.47	0.68	0.78	0.9	0.72	0.02	0.89	0.57	0.91	0.64	0.91	0.44	-0.26	0.61	0.35	0.35	0.48	0.44
Non Current Assets Total	0.99	0.5	0.86	0.9	0.99	0.53	0.81		0.22	0.6	0.69	0.86	0.83	-0.08	0.94	0.85	0.94	0.53	0.81	0.75	0.01	0.49	0.66	0.41	0.41	0.74
Non Currrent Assets Other	0.22	0.26	0.08	0.25	0.15	-0.09	0.47	0.22		0.1	0.23	0.33	0.33	-0.53	0.29	0.23	0.35	0.12	0.34	0.2	-0.39	0.1	0.26	-0.17	-0.3	0.24
Net Receivables	0.64	0.0	0.54	0.73	0.58	0.69	0.68	0.6	0.1		0.67	0.65	0.51	0.21	0.67	0.38	0.61	0.59	0.66	0.3	-0.15	0.29	0.16	0.57	0.51	0.27
Common Stock Total Equity	0.72	0.23	0.51	0.86	0.64	0.85	0.78	0.69	0.23	0.67		0.88	0.53	0.3	0.84	0.26	0.76	0.59	0.9	0.13	-0.58	0.7	0.01	0.44	0.58	0.11
Common Stock Shares Outstanding	0.89	0.41	0.66	0.97	0.83	0.66	0.9	0.86	0.33	0.65	0.88		0.66	0.04	0.97	0.58	0.91	0.65	0.99	0.47	-0.35	0.69	0.36	0.49	0.53	0.45
Inventory	0.81	0.19	0.59	0.73	0.8	0.44	0.72	0.83	0.33	0.51	0.53	0.66		-0.1	0.75	0.72	0.82	0.35	0.62	0.63	0.16	0.26	0.58	0.25	0.22	0.63
Other Current Assets	-0.03	-0.26	-0.08	0.09	-0.08	0.69	0.02	-0.08	-0.53	0.21	0.3	0.04	-0.1		0.01	-0.43	0.01	0.25	0.07	-0.55	-0.05	0.11	-0.64	0.22	0.43	-0.58
Other Stockholder Equity	0.96	0.44	0.76	0.99	0.91	0.66	0.89	0.94	0.29	0.67	0.84	0.97	0.75	0.01		0.69	0.93	0.66	0.95	0.58	-0.21	0.65	0.45	0.54	0.46	0.56
Total Liab	0.83	0.62	0.83	0.64	0.87	0.06	0.57	0.85	0.23	0.38	0.26	0.58	0.72	-0.43	0.69		0.74	0.4	0.51	0.98	0.34	0.26	0.93	0.3	0.08	0.98
Property Plant And Equipment Gross	0.94	0.48	0.75	0.92	0.9	0.59	0.91	0.94	0.35	0.61	0.76	0.91	0.82	0.01	0.93	0.74		0.56	0.88	0.61	-0.1	0.52	0.54	0.31	0.46	0.61
Total Current Assets	0.63	0.45	0.62	0.71	0.53	0.62	0.64	0.53	0.12	0.59	0.59	0.65	0.35	0.25	0.66	0.4	0.56		0.65	0.29	-0.05	0.71	0.08	0.83	0.2	0.26
Common Stock	0.84	0.37	0.6	0.96	0.77	0.69	0.91	0.81	0.34	0.66	0.9	0.99	0.62	0.07	0.95	0.51	0.88	0.65		0.39	-0.42	0.71	0.28	0.48	0.53	0.37
Short Long Term Debt Total	0.73	0.58	0.77	0.52	0.78	-0.09	0.44	0.75	0.2	0.3	0.13	0.47	0.63	-0.55	0.58	0.98	0.61	0.29	0.39		0.37	0.16	0.97	0.25	0.01	1.0
Other Liab	0.0	-0.05	0.13	-0.23	0.07	-0.32	-0.26	0.01	-0.39	-0.15	-0.58	-0.35	0.16	-0.05	-0.21	0.34	-0.1	-0.05	-0.42	0.37		-0.4	0.35	0.09	-0.3	0.37
Current Deferred Revenue	0.55	0.47	0.5	0.66	0.48	0.53	0.61	0.49	0.1	0.29	0.7	0.69	0.26	0.11	0.65	0.26	0.52	0.71	0.71	0.16	-0.4		0.01	0.57	0.39	0.14
Net Debt	0.61	0.57	0.65	0.38	0.68	-0.25	0.35	0.66	0.26	0.16	0.01	0.36	0.58	-0.64	0.45	0.93	0.54	0.08	0.28	0.97	0.35	0.01		-0.01	-0.03	0.97
Cash	0.5	0.09	0.51	0.58	0.44	0.51	0.35	0.41	-0.17	0.57	0.44	0.49	0.25	0.22	0.54	0.3	0.31	0.83	0.48	0.25	0.09	0.57	-0.01		0.13	0.2
Other Assets	0.4	0.04	0.26	0.5	0.4	0.63	0.48	0.41	-0.3	0.51	0.58	0.53	0.22	0.43	0.46	0.08	0.46	0.2	0.53	0.01	-0.3	0.39	-0.03	0.13		-0.03
Long Term Debt	0.72	0.6	0.75	0.5	0.77	-0.12	0.44	0.74	0.24	0.27	0.11	0.45	0.63	-0.58	0.56	0.98	0.61	0.26	0.37	1.0	0.37	0.14	0.97	0.2	-0.03

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StealthGas Account Relationship Matchups

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	576.5M	723.7M
Non Currrent Assets Other	12.4M	13.9M	12.2M	18.3M	1.2M	1.2M
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	36.3M	38.1M
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	722.2M	716.0M
Total Current Assets	77.9M	48.1M	51.7M	104.7M	120.7M	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	106.9M	101.6M
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	16.6M	15.8M
Long Term Investments	25.3M	43.2M	53.3M	46.6M	39.7M	23.1M

Pair Trading with StealthGas

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if StealthGas position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in StealthGas will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to StealthGas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace StealthGas when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back StealthGas - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling StealthGas to buy it.

The correlation of StealthGas is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as StealthGas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if StealthGas moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for StealthGas can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether StealthGas is a strong investment it is important to analyze StealthGas' 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 StealthGas' future performance. For an informed investment choice regarding StealthGas Stock, refer to the following important reports:

How To Invest In StealthGas

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Is StealthGas Stock a good investment?

Details

What is StealthGas' Net Worth?

Details

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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.

You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running StealthGas' price analysis, check to measure StealthGas' 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 StealthGas is operating at the current time. Most of StealthGas' value examination focuses on studying past and present price action to predict the probability of StealthGas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move StealthGas' price. Additionally, you may evaluate how the addition of StealthGas to your portfolios can decrease your overall portfolio volatility.

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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

0.162

Earnings Share

1.37

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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StealthGas Total Revenue vs Selling General Administrative Analysis

Total Revenue vs Selling General Administrative

Total Revenue vs Selling General Administrative Correlation Analysis

Correlation Coefficient

Total Revenue

Selling General Administrative

StealthGas fundamental ratios Correlations

StealthGas Account Relationship Matchups

High Positive Relationship

High Negative Relationship

StealthGas fundamental ratios Accounts

Pair Trading with StealthGas

Complementary Tools for StealthGas Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Other Stockholder Equity	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Common Stock	+ 0.99	Common Stock Shares Outstanding

Net Debt	- 0.64	Other Current Assets
Long Term Debt	- 0.58	Other Current Assets
Other Liab	- 0.58	Common Stock Total Equity
Short Long Term Debt Total	- 0.55	Other Current Assets
Other Current Assets	- 0.53	Non Currrent Assets Other
Total Liab	- 0.43	Other Current Assets