GDI Common Stock Shares Outstanding vs Other Current Assets Analysis

GDI Stock  CAD 34.39  1.17  3.29%   
GDI Integrated financial indicator trend analysis is much more than just examining GDI Integrated latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GDI Integrated is a good investment. Please check the relationship between GDI Integrated Common Stock Shares Outstanding and its Other Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GDI Integrated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Common Stock Shares Outstanding vs Other Current Assets

Common Stock Shares Outstanding vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GDI Integrated Common Stock Shares Outstanding account and Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between GDI Integrated's Common Stock Shares Outstanding and Other Current Assets is 0.83. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of GDI Integrated, assuming nothing else is changed. The correlation between historical values of GDI Integrated's Common Stock Shares Outstanding and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of GDI Integrated are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Common Stock Shares Outstanding i.e., GDI Integrated's Common Stock Shares Outstanding and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from GDI Integrated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GDI Integrated 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 GDI Integrated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, GDI Integrated's Selling General Administrative is very stable compared to the past year. As of the 20th of May 2024, Tax Provision is likely to grow to about 13.1 M, while Sales General And Administrative To Revenue is likely to drop 0.
 2021 2022 2023 2024 (projected)
Gross Profit340.0M439M450M472.5M
Total Revenue1.6B2.2B2.4B2.6B

GDI Integrated fundamental ratios Correlations

1.00.990.990.990.871.00.321.00.230.990.790.880.8-0.351.00.951.00.540.830.730.480.890.740.56-0.46
1.00.981.00.990.881.00.340.990.270.980.770.860.78-0.331.00.971.00.560.810.730.460.910.750.58-0.4
0.990.980.990.970.850.980.260.990.140.980.840.930.85-0.380.980.910.980.50.870.680.540.830.780.54-0.56
0.991.00.990.980.870.990.330.990.260.990.790.870.8-0.340.990.950.990.570.830.690.480.880.780.58-0.43
0.990.990.970.980.850.990.320.980.250.970.760.830.75-0.321.00.970.990.560.80.770.450.920.670.53-0.4
0.870.880.850.870.850.860.640.840.470.840.470.660.71-0.350.870.880.890.240.520.530.110.840.680.85-0.26
1.01.00.980.990.990.860.310.990.250.980.780.870.77-0.321.00.961.00.560.820.750.480.90.730.55-0.43
0.320.340.260.330.320.640.310.280.880.27-0.140.010.14-0.160.350.480.35-0.03-0.110.14-0.370.390.190.870.24
1.00.990.990.990.980.840.990.280.190.990.830.910.82-0.380.990.930.980.550.860.710.530.850.740.54-0.52
0.230.270.140.260.250.470.250.880.190.21-0.22-0.13-0.060.00.280.450.270.19-0.180.15-0.340.380.090.710.47
0.990.980.980.990.970.840.980.270.990.210.820.90.81-0.350.980.920.980.580.850.660.520.840.750.56-0.47
0.790.770.840.790.760.470.78-0.140.83-0.220.820.910.76-0.310.760.630.750.681.00.540.850.530.650.17-0.68
0.880.860.930.870.830.660.870.010.91-0.130.90.910.83-0.410.850.710.840.440.920.580.690.590.720.37-0.76
0.80.780.850.80.750.710.770.140.82-0.060.810.760.83-0.150.770.660.780.340.770.350.430.580.810.44-0.62
-0.35-0.33-0.38-0.34-0.32-0.35-0.32-0.16-0.380.0-0.35-0.31-0.41-0.15-0.33-0.26-0.32-0.02-0.31-0.15-0.2-0.19-0.29-0.310.29
1.01.00.980.991.00.871.00.350.990.280.980.760.850.77-0.330.971.00.560.80.750.450.910.710.57-0.4
0.950.970.910.950.970.880.960.480.930.450.920.630.710.66-0.260.970.970.570.680.780.310.960.640.63-0.21
1.01.00.980.990.990.891.00.350.980.270.980.750.840.78-0.321.00.970.520.790.740.430.920.730.58-0.4
0.540.560.50.570.560.240.56-0.030.550.190.580.680.440.34-0.020.560.570.520.690.460.610.50.390.090.0
0.830.810.870.830.80.520.82-0.110.86-0.180.851.00.920.77-0.310.80.680.790.690.580.830.580.660.21-0.66
0.730.730.680.690.770.530.750.140.710.150.660.540.580.35-0.150.750.780.740.460.580.350.760.240.22-0.25
0.480.460.540.480.450.110.48-0.370.53-0.340.520.850.690.43-0.20.450.310.430.610.830.350.230.39-0.13-0.66
0.890.910.830.880.920.840.90.390.850.380.840.530.590.58-0.190.910.960.920.50.580.760.230.620.52-0.11
0.740.750.780.780.670.680.730.190.740.090.750.650.720.81-0.290.710.640.730.390.660.240.390.620.48-0.35
0.560.580.540.580.530.850.550.870.540.710.560.170.370.44-0.310.570.630.580.090.210.22-0.130.520.48-0.01
-0.46-0.4-0.56-0.43-0.4-0.26-0.430.24-0.520.47-0.47-0.68-0.76-0.620.29-0.4-0.21-0.40.0-0.66-0.25-0.66-0.11-0.35-0.01
Click cells to compare fundamentals

GDI Integrated Account Relationship Matchups

GDI Integrated fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets637.7M750.0M1.1B1.2B1.3B1.4B
Total Current Liabilities192.9M238.9M356.9M397M416M436.8M
Total Stockholder Equity261.0M339.1M391.0M439M455M477.8M
Property Plant And Equipment Net70.5M83.7M117.3M122M127M133.4M
Net Debt176.2M169.9M305.5M391M417M437.9M
Retained Earnings(78.8M)(30.8M)12.6M49M68M71.4M
Accounts Payable148.9M165.4M250.1M286M298M312.9M
Cash3.8M3.4M24.3M7M17M15.0M
Non Current Assets Total342.6M395.1M570.3M614M626M657.3M
Cash And Short Term Investments3.8M3.4M36.7M18M16.2M18.3M
Net Receivables270.4M312.0M434.8M531M439M461.0M
Common Stock Shares Outstanding21.7M22.6M23.6M23.7M23.4M24.6M
Liabilities And Stockholders Equity637.7M750.0M1.1B1.2B1.4B1.5B
Other Current Assets5.1M17.5M8.6M12M11M11.6M
Other Stockholder Equity7.9M6.4M6M4M3.6M3.4M
Total Liab376.8M410.9M693.6M781M837M878.9M
Property Plant And Equipment Gross70.5M83.7M236.2M257M281M295.1M
Total Current Assets295.2M354.9M514.3M606M666M699.3M
Accumulated Other Comprehensive Income2.1M(201K)1.2M7M8.1M8.5M
Intangible Assets91.6M94.5M142.9M139M131M69.6M
Common Stock329.7M363.7M371.3M379M435.9M301.4M
Non Currrent Assets Other2.9M1.0M7.7M9M12M12.6M
Short Term Debt15.3M22.9M31.0M53M61.0M64.0M
Other Current Liab22.1M62.7M32.7M28M32.2M33.8M
Current Deferred Revenue17.6M19.3M43.1M30M34.5M25.2M
Other Liab19.2M21.4M37.9M39M35.1M24.0M
Net Tangible Assets(8.0M)31.2M(53.8M)(44M)(50.6M)(53.1M)
Other Assets3.0M3.5M8.3M9M8.1M5.9M
Long Term Debt164.7M150.5M298.9M345M384M214.1M
Good Will177.5M213.4M301.9M344M356M225.2M
Inventory15.9M21.9M34.2M45M42M21.9M
Short Long Term Debt15.3M22.9M31.0M53M50M26.2M
Property Plant Equipment70.5M83.7M117.3M122M140.3M147.3M
Short Long Term Debt Total180.0M173.4M329.9M398M457.7M480.6M
Long Term Debt Total164.7M150.5M298.9M345M396.8M202.6M
Non Current Liabilities Total183.9M171.9M336.7M384M421M252.4M
Capital Surpluse6.1M6.4M6M4M4.6M4.2M
Cash And Equivalents1.0M1.9M3.8M3.4M4.0M2.3M

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GDI Integrated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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Please note, there is a significant difference between GDI Integrated's value and its price as these two are different measures arrived at by different means. Investors typically determine if GDI Integrated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GDI Integrated'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.