GATX Common Stock Total Equity vs Retained Earnings Analysis

GATX Stock  USD 152.92  0.25  0.16%   
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 Common Stock Total Equity and its Retained Earnings 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 closely tied with the direction of predictive economic indicators such as signals in estimate.

Common Stock Total Equity vs Retained Earnings

Common Stock Total Equity vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GATX Common Stock Total Equity account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between GATX's Common Stock Total Equity and Retained Earnings is 0.65. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Retained Earnings 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 Common Stock Total Equity and Retained Earnings 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 Total Equity of GATX Corporation are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock Total Equity i.e., GATX's Common Stock Total Equity and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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 closely tied 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 Profit539.2M572.6M1.3B673.6M
Total Revenue1.3B1.3B1.4B1.3B

GATX fundamental ratios Correlations

0.72-0.270.150.960.790.870.810.50.79-0.110.57-0.81-0.750.990.42-0.851.00.73-0.340.090.80.79-0.390.70.58
0.72-0.470.540.670.920.860.890.620.910.240.66-0.75-0.830.70.4-0.790.720.9-0.270.470.660.51-0.430.450.73
-0.27-0.47-0.72-0.14-0.55-0.21-0.41-0.59-0.56-0.51-0.660.10.33-0.25-0.290.22-0.3-0.63-0.3-0.72-0.3-0.150.5-0.04-0.3
0.150.54-0.720.040.520.220.380.520.540.730.45-0.06-0.280.090.27-0.160.180.620.180.990.360.1-0.42-0.030.27
0.960.67-0.140.040.740.850.810.40.73-0.170.46-0.83-0.770.950.42-0.870.940.64-0.42-0.020.710.77-0.340.710.56
0.790.92-0.550.520.740.750.970.711.00.190.74-0.83-0.860.780.27-0.90.80.96-0.30.460.730.68-0.520.630.74
0.870.86-0.210.220.850.750.780.390.73-0.010.46-0.76-0.770.860.58-0.760.870.7-0.360.150.690.56-0.290.480.65
0.810.89-0.410.380.810.970.780.570.960.140.61-0.9-0.950.790.35-0.950.80.9-0.410.310.640.65-0.420.610.8
0.50.62-0.590.520.40.710.390.570.730.130.95-0.41-0.40.5-0.14-0.50.520.730.130.490.650.56-0.640.50.36
0.790.91-0.560.540.731.00.730.960.730.190.75-0.82-0.840.770.25-0.890.790.96-0.30.470.740.69-0.540.640.72
-0.110.24-0.510.73-0.170.19-0.010.140.130.190.050.19-0.18-0.160.370.09-0.090.30.470.74-0.21-0.290.13-0.410.14
0.570.66-0.660.450.460.740.460.610.950.750.05-0.45-0.450.57-0.09-0.530.590.780.160.410.680.55-0.640.490.38
-0.81-0.750.1-0.06-0.83-0.83-0.76-0.9-0.41-0.820.19-0.450.83-0.81-0.20.98-0.79-0.680.620.01-0.63-0.780.23-0.8-0.77
-0.75-0.830.33-0.28-0.77-0.86-0.77-0.95-0.4-0.84-0.18-0.450.83-0.74-0.520.87-0.74-0.80.42-0.21-0.47-0.450.31-0.41-0.86
0.990.7-0.250.090.950.780.860.790.50.77-0.160.57-0.81-0.740.37-0.850.990.71-0.340.030.790.79-0.370.720.58
0.420.4-0.290.270.420.270.580.35-0.140.250.37-0.09-0.2-0.520.37-0.220.410.27-0.210.260.11-0.07-0.08-0.210.46
-0.85-0.790.22-0.16-0.87-0.9-0.76-0.95-0.5-0.890.09-0.530.980.87-0.85-0.22-0.83-0.770.53-0.09-0.67-0.80.31-0.8-0.75
1.00.72-0.30.180.940.80.870.80.520.79-0.090.59-0.79-0.740.990.41-0.830.74-0.310.120.810.78-0.390.690.58
0.730.9-0.630.620.640.960.70.90.730.960.30.78-0.68-0.80.710.27-0.770.74-0.130.560.720.54-0.570.460.68
-0.34-0.27-0.30.18-0.42-0.3-0.36-0.410.13-0.30.470.160.620.42-0.34-0.210.53-0.31-0.130.2-0.35-0.390.22-0.45-0.53
0.090.47-0.720.99-0.020.460.150.310.490.470.740.410.01-0.210.030.26-0.090.120.560.20.310.07-0.41-0.070.21
0.80.66-0.30.360.710.730.690.640.650.74-0.210.68-0.63-0.470.790.11-0.670.810.72-0.350.310.78-0.60.710.46
0.790.51-0.150.10.770.680.560.650.560.69-0.290.55-0.78-0.450.79-0.07-0.80.780.54-0.390.070.78-0.320.980.38
-0.39-0.430.5-0.42-0.34-0.52-0.29-0.42-0.64-0.540.13-0.640.230.31-0.37-0.080.31-0.39-0.570.22-0.41-0.6-0.32-0.27-0.19
0.70.45-0.04-0.030.710.630.480.610.50.64-0.410.49-0.8-0.410.72-0.21-0.80.690.46-0.45-0.070.710.98-0.270.34
0.580.73-0.30.270.560.740.650.80.360.720.140.38-0.77-0.860.580.46-0.750.580.68-0.530.210.460.38-0.190.34
Click cells to compare fundamentals

GATX Account Relationship Matchups

GATX fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.3B8.9B9.5B10.1B11.6B6.2B
Short Long Term Debt Total5.2B5.7B6.2B6.7B7.6B8.0B
Other Current Liab188.9M147.3M215.8M75.1M42.2M44.3M
Total Current Liabilities204.7M170.9M233.9M219.5M816.3M857.1M
Total Stockholder Equity1.8B2.0B2.0B2.0B2.3B1.2B
Property Plant And Equipment Net6.9B7.5B8.1B8.5B9.7B10.1B
Net Debt5.1B5.4B5.8B6.4B7.2B3.6B
Retained Earnings2.6B2.7B2.8B2.8B3.0B3.2B
Cash151M292.2M344.3M303.7M450.8M473.3M
Non Current Assets Total7.6B8.5B9.0B9.4B10.9B11.5B
Non Currrent Assets Other80.2M(732.5M)(736M)(800.1M)257.6M270.5M
Cash And Short Term Investments151M292.2M344.3M452.2M450.8M473.3M
Net Receivables150M142.2M163.8M162M218.4M207.5M
Common Stock Shares Outstanding36.4M35.4M36M35.9M35.7M36.0M
Liabilities And Stockholders Equity8.3B8.9B9.5B10.1B11.6B6.2B
Non Current Liabilities Total6.2B6.8B7.3B7.8B8.5B4.6B
Inventory63.7M59.4M64.3M60.2M74M49.7M
Other Stockholder Equity(644.4M)(629.1M)(613.9M)(632.7M)(611.4M)(580.8M)
Total Liab6.5B7.0B7.5B8.0B9.3B5.0B
Property Plant And Equipment Gross7.2B7.6B11.2B11.7B13.3B14.0B
Total Current Assets676.4M434.8M508.3M654.5M669.2M638.7M
Accumulated Other Comprehensive Income(163.6M)(137.5M)(160.6M)(211.6M)(167.6M)(176.0M)
Accounts Payable119.4M147.3M215.8M202.2M239.6M171.1M
Common Stock Total Equity41.8M41.9M42.2M42.4M48.8M39.5M
Other Current Assets316M(63.9M)(51.8M)(19.9M)(74M)(70.3M)
Common Stock41.8M41.9M42.2M42.4M42.5M39.7M
Other Liab1.0B1.1B1.1B1.1B1.3B1.3B
Other Assets8.1B8.5B7.2B8.2B9.4B9.8B
Long Term Debt4.8B5.4B5.9B6.4B7.4B4.3B
Good Will81.5M143.7M123M117.2M120M101.5M
Property Plant Equipment455M7.2B272.2M8.3B9.5B10.0B
Short Term Investments1.2M6.5M1.4M5.6M148.5M0.0
Current Deferred Revenue(119.4M)(147.3M)(215.8M)(75.1M)(42.2M)(44.3M)
Net Tangible Assets1.8B1.8B1.9B1.9B2.2B1.6B
Capital Surpluse720.1M735.4M763.8M792.2M911.0M770.7M
Deferred Long Term Liab2.6M962.8M1.0B1.0B1.2B863.0M

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