StealthGas Property Plant And Equipment Net vs Common Stock Shares Outstanding Analysis

GASS Stock

USD 5.98 0.22 3.82%

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 Property Plant And Equipment Net and its Common Stock Shares Outstanding 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 closely tied 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.

Property Plant And Equipment Net vs Common Stock Shares Outstanding

Property Plant And Equipment Net vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of StealthGas Property Plant And Equipment Net account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.

The correlation between StealthGas' Property Plant And Equipment Net and Common Stock Shares Outstanding is 0.83. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of StealthGas, assuming nothing else is changed. The correlation between historical values of StealthGas' Property Plant And Equipment Net and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of StealthGas are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Property Plant And Equipment Net i.e., StealthGas' Property Plant And Equipment Net and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Common Stock Shares Outstanding

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

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 closely tied 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

Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for StealthGas Stock Analysis

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.

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

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC