Good Net Income From Continuing Ops vs Net Income Analysis
GTIM Stock | USD 2.73 0.05 1.87% |
Good Times financial indicator trend analysis is much more than just examining Good Times Restaurants latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Good Times Restaurants is a good investment. Please check the relationship between Good Times Net Income From Continuing Ops and its Net Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Good Times Restaurants. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
Net Income From Continuing Ops vs Net Income
Net Income From Continuing Ops vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Good Times Restaurants Net Income From Continuing Ops account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Good Times' Net Income From Continuing Ops and Net Income is 0.98. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Net Income in the same time period over historical financial statements of Good Times Restaurants, assuming nothing else is changed. The correlation between historical values of Good Times' Net Income From Continuing Ops and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Good Times Restaurants are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Income From Continuing Ops i.e., Good Times' Net Income From Continuing Ops and Net Income go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Income From Continuing Ops
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Good Times Restaurants financial statement analysis. It represents the amount of money remaining after all of Good Times Restaurants operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Good Times' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Good Times Restaurants 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 Good Times Restaurants. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Good Times' Selling General Administrative is very stable compared to the past year. As of the 17th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.10, though Tax Provision is likely to grow to (9.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 16.7M | 14.9M | 17.1M | 18.0M | Total Revenue | 138.2M | 138.1M | 158.8M | 166.8M |
Good Times fundamental ratios Correlations
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Good Times Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Good Times fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 99.7M | 93.7M | 86.4M | 91.1M | 104.8M | 110.0M | |
Short Long Term Debt Total | 75.6M | 54.7M | 51.0M | 48.9M | 56.2M | 59.0M | |
Other Current Liab | 5.1M | 6.0M | 5.8M | 5.3M | 6.1M | 6.5M | |
Total Current Liabilities | 18.6M | 12.9M | 12.9M | 14.9M | 17.1M | 18.0M | |
Total Stockholder Equity | 15.0M | 29.7M | 27.8M | 33.0M | 37.9M | 39.8M | |
Property Plant And Equipment Net | 76.9M | 73.0M | 64.7M | 63.0M | 72.4M | 76.0M | |
Retained Earnings | (44.5M) | (27.7M) | (30.3M) | (19.2M) | (17.3M) | (18.2M) | |
Accounts Payable | 2.6M | 1.5M | 628K | 2.6M | 3.0M | 3.1M | |
Cash | 11.5M | 8.9M | 8.9M | 4.2M | 4.8M | 3.5M | |
Non Current Assets Total | 86.2M | 82.2M | 74.5M | 84.5M | 97.2M | 102.0M | |
Non Currrent Assets Other | 209K | 219K | 166K | 292K | 262.8K | 350.4K | |
Cash And Short Term Investments | 11.5M | 8.9M | 8.9M | 4.2M | 4.8M | 3.6M | |
Common Stock Shares Outstanding | 12.6M | 12.8M | 12.5M | 11.8M | 13.6M | 14.3M | |
Liabilities And Stockholders Equity | 99.7M | 93.7M | 86.4M | 91.1M | 104.8M | 110.0M | |
Non Current Liabilities Total | 66.1M | 49.9M | 45.7M | 43.2M | 49.7M | 52.2M | |
Other Stockholder Equity | 59.4M | 57.4M | 58.1M | 52.2M | 60.0M | 35.8M | |
Total Liab | 84.7M | 62.8M | 58.6M | 58.1M | 66.8M | 70.1M | |
Total Current Assets | 13.5M | 11.4M | 11.9M | 6.6M | 7.6M | 4.8M | |
Intangible Assets | 3.9M | 3.9M | 3.9M | 3.9M | 4.5M | 2.8M | |
Net Debt | 64.1M | 45.8M | 42.1M | 44.7M | 51.4M | 54.0M | |
Inventory | 1.1M | 1.3M | 1.4M | 1.4M | 1.6M | 1.7M | |
Other Current Assets | 275K | 641K | (2.1M) | 235K | 211.5K | 160.7K | |
Short Term Debt | 10.9M | 4.9M | 5.4M | 5.8M | 6.7M | 7.0M | |
Net Receivables | 669K | 644K | 694K | 769K | 884.4K | 928.6K | |
Property Plant And Equipment Gross | 27.7M | 115.8M | 113.7M | 116.9M | 134.4M | 141.1M | |
Other Liab | 8.9M | 1.4M | 202K | 159K | 182.9K | 173.7K | |
Other Assets | 212K | 53.4M | 93.7M | 3.0M | 3.4M | 3.2M | |
Long Term Debt | 7.5M | 12.9M | 10.9M | 750K | 862.5K | 819.4K | |
Property Plant Equipment | 35.7M | 27.7M | 73.0M | 64.7M | 74.4M | 78.1M | |
Current Deferred Revenue | 69K | 436K | 1.0M | 1.2M | 1.4M | 1.4M | |
Net Tangible Assets | 27.4M | 13.7M | 20.7M | 16.9M | 19.4M | 22.5M |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Good Times Restaurants. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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When running Good Times' price analysis, check to measure Good Times' 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 Good Times is operating at the current time. Most of Good Times' value examination focuses on studying past and present price action to predict the probability of Good Times' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Good Times' price. Additionally, you may evaluate how the addition of Good Times to your portfolios can decrease your overall portfolio volatility.
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Is Good Times' 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 Good Times. If investors know Good 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 Good Times 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 (0.94) | Earnings Share 0.07 | Revenue Per Share 12.112 | Quarterly Revenue Growth 0.019 | Return On Assets 0.0118 |
The market value of Good Times Restaurants is measured differently than its book value, which is the value of Good that is recorded on the company's balance sheet. Investors also form their own opinion of Good Times' value that differs from its market value or its book value, called intrinsic value, which is Good Times' 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 Good Times' market value can be influenced by many factors that don't directly affect Good Times' 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 Good Times' value and its price as these two are different measures arrived at by different means. Investors typically determine if Good Times is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Good Times' 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.