GATX Current Ratio vs Asset Turnover Analysis
GATX Stock | USD 125.83 0.29 0.23% |
GATX financial indicator trend analysis is much more than just examining GATX latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GATX is a good investment. Please check the relationship between GATX Current Ratio and its Asset Turnover accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GATX Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Current Ratio vs Asset Turnover
Current Ratio vs Asset Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GATX Current Ratio account and Asset Turnover. At this time, the significance of the direction appears to have weak relationship.
The correlation between GATX's Current Ratio and Asset Turnover is 0.37. Overlapping area represents the amount of variation of Current Ratio that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of GATX Corporation, assuming nothing else is changed. The correlation between historical values of GATX's Current Ratio and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Ratio of GATX Corporation are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Current Ratio i.e., GATX's Current Ratio and Asset Turnover go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.Most indicators from GATX's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GATX 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 GATX Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. At this time, GATX's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 15.43 in 2024, whereas Selling General Administrative is likely to drop slightly above 145.7 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 539.2M | 572.6M | 1.3B | 673.6M | Total Revenue | 1.3B | 1.3B | 1.4B | 1.3B |
GATX fundamental ratios Correlations
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GATX Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GATX fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.3B | 8.9B | 9.5B | 10.1B | 11.6B | 6.2B | |
Short Long Term Debt Total | 5.2B | 5.7B | 6.2B | 6.7B | 7.6B | 8.0B | |
Other Current Liab | 188.9M | 147.3M | 215.8M | 75.1M | 42.2M | 44.3M | |
Total Current Liabilities | 204.7M | 170.9M | 233.9M | 219.5M | 816.3M | 857.1M | |
Total Stockholder Equity | 1.8B | 2.0B | 2.0B | 2.0B | 2.3B | 1.2B | |
Property Plant And Equipment Net | 6.9B | 7.5B | 8.1B | 8.5B | 9.7B | 10.1B | |
Net Debt | 5.1B | 5.4B | 5.8B | 6.4B | 7.2B | 3.6B | |
Retained Earnings | 2.6B | 2.7B | 2.8B | 2.8B | 3.0B | 3.2B | |
Cash | 151M | 292.2M | 344.3M | 303.7M | 450.8M | 473.3M | |
Non Current Assets Total | 7.6B | 8.5B | 9.0B | 9.4B | 10.9B | 11.5B | |
Non Currrent Assets Other | 80.2M | (732.5M) | (736M) | (800.1M) | 257.6M | 270.5M | |
Cash And Short Term Investments | 151M | 292.2M | 344.3M | 452.2M | 450.8M | 473.3M | |
Net Receivables | 150M | 142.2M | 163.8M | 162M | 218.4M | 207.5M | |
Common Stock Shares Outstanding | 36.4M | 35.4M | 36M | 35.9M | 35.7M | 36.0M | |
Liabilities And Stockholders Equity | 8.3B | 8.9B | 9.5B | 10.1B | 11.6B | 6.2B | |
Non Current Liabilities Total | 6.2B | 6.8B | 7.3B | 7.8B | 8.5B | 4.6B | |
Inventory | 63.7M | 59.4M | 64.3M | 60.2M | 74M | 49.7M | |
Other Stockholder Equity | (644.4M) | (629.1M) | (613.9M) | (632.7M) | (611.4M) | (580.8M) | |
Total Liab | 6.5B | 7.0B | 7.5B | 8.0B | 9.3B | 5.0B | |
Property Plant And Equipment Gross | 7.2B | 7.6B | 11.2B | 11.7B | 13.3B | 14.0B | |
Total Current Assets | 676.4M | 434.8M | 508.3M | 654.5M | 669.2M | 638.7M | |
Accumulated Other Comprehensive Income | (163.6M) | (137.5M) | (160.6M) | (211.6M) | (167.6M) | (176.0M) | |
Accounts Payable | 119.4M | 147.3M | 215.8M | 202.2M | 239.6M | 171.1M | |
Common Stock Total Equity | 41.8M | 41.9M | 42.2M | 42.4M | 48.8M | 39.5M | |
Other Current Assets | 316M | (63.9M) | (51.8M) | (19.9M) | (74M) | (70.3M) | |
Common Stock | 41.8M | 41.9M | 42.2M | 42.4M | 42.5M | 39.7M | |
Other Liab | 1.0B | 1.1B | 1.1B | 1.1B | 1.3B | 1.3B | |
Other Assets | 8.1B | 8.5B | 7.2B | 8.2B | 9.4B | 9.8B | |
Long Term Debt | 4.8B | 5.4B | 5.9B | 6.4B | 7.4B | 4.3B | |
Good Will | 81.5M | 143.7M | 123M | 117.2M | 120M | 101.5M | |
Property Plant Equipment | 455M | 7.2B | 272.2M | 8.3B | 9.5B | 10.0B | |
Short Term Investments | 3.2M | 6.5M | 1.4M | 5.6M | 148.5M | 0.0 | |
Net Tangible Assets | 1.8B | 1.8B | 1.9B | 1.9B | 2.2B | 1.6B | |
Capital Surpluse | 720.1M | 735.4M | 763.8M | 792.2M | 911.0M | 770.7M | |
Deferred Long Term Liab | 2.6M | 962.8M | 1.0B | 1.0B | 1.2B | 863.0M |
GATX Investors Sentiment
The influence of GATX's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in GATX. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to GATX's public news can be used to forecast risks associated with an investment in GATX. The trend in average sentiment can be used to explain how an investor holding GATX can time the market purely based on public headlines and social activities around GATX Corporation. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
GATX's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for GATX's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average GATX's news discussions. The higher the estimated score, the more favorable is the investor's outlook on GATX.
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 GATX 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, GATX's short interest history, or implied volatility extrapolated from GATX options trading.
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GATX Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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Is GATX'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 GATX. If investors know GATX 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 GATX 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 (0.05) | Dividend Share 2.23 | Earnings Share 7.13 | Revenue Per Share 40.528 | Quarterly Revenue Growth 0.121 |
The market value of GATX is measured differently than its book value, which is the value of GATX that is recorded on the company's balance sheet. Investors also form their own opinion of GATX's value that differs from its market value or its book value, called intrinsic value, which is GATX'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 GATX's market value can be influenced by many factors that don't directly affect GATX'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 GATX's value and its price as these two are different measures arrived at by different means. Investors typically determine if GATX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GATX'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.