GDI Depreciation vs Net Income Analysis

GDI Stock  CAD 32.26  0.14  0.43%   
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 Depreciation and its Net Income 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

Depreciation vs Net Income

Depreciation vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GDI Integrated Depreciation account and Net Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between GDI Integrated's Depreciation and Net Income is 0.8. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Net Income 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 Depreciation 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 Depreciation of GDI Integrated 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 Depreciation i.e., GDI Integrated's Depreciation and Net Income go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Depreciation

Depreciation indicates how much of GDI Integrated value has been used up. For tax purposes GDI Integrated can deduct the cost of the tangible assets it purchases as business expenses. However, GDI Integrated must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in GDI Integrated financial statement analysis. It represents the amount of money remaining after all of GDI Integrated operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 closely tied 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 30th of July 2025, Tax Provision is likely to grow to about 12.8 M, while Sales General And Administrative To Revenue is likely to drop 0.
 2024 2025 (projected)
Tax Provision9M12.8M
Minority Interest88.1M82.4M

GDI Integrated fundamental ratios Correlations

1.00.990.990.920.890.990.361.00.470.990.80.880.75-0.331.00.961.00.580.840.710.570.410.750.770.89
1.00.981.00.930.890.990.370.990.50.990.780.860.74-0.311.00.971.00.60.820.710.550.430.760.760.91
0.990.980.980.890.880.980.310.990.40.970.830.910.8-0.350.980.920.980.520.860.690.60.350.80.780.85
0.991.00.980.910.870.980.360.990.490.990.810.880.74-0.320.990.950.990.620.850.650.570.440.80.760.91
0.920.930.890.910.790.930.290.910.440.920.70.730.58-0.350.940.930.930.680.740.740.550.50.550.60.89
0.890.890.880.870.790.890.640.860.650.860.50.670.64-0.310.890.910.910.280.530.660.240.30.640.90.76
0.990.990.980.980.930.890.360.990.480.980.770.860.72-0.311.00.971.00.570.810.760.540.40.70.750.88
0.360.370.310.360.290.640.360.320.920.33-0.110.050.06-0.150.380.50.390.01-0.090.25-0.27-0.030.160.670.32
1.00.990.990.990.910.860.990.320.440.980.840.910.77-0.350.990.940.990.580.870.690.60.390.770.760.88
0.470.50.40.490.440.650.480.920.440.490.040.160.10.00.510.620.50.30.080.27-0.140.250.210.620.54
0.990.990.970.990.920.860.980.330.980.490.810.880.72-0.330.990.940.980.630.850.620.580.530.750.740.93
0.80.780.830.810.70.50.77-0.110.840.040.810.920.74-0.310.780.650.760.680.990.440.880.340.760.460.75
0.880.860.910.880.730.670.860.050.910.160.880.920.8-0.410.860.720.850.470.940.50.720.310.830.690.73
0.750.740.80.740.580.640.720.060.770.10.720.740.8-0.310.710.630.730.290.760.510.580.20.790.570.58
-0.33-0.31-0.35-0.32-0.35-0.31-0.31-0.15-0.350.0-0.33-0.31-0.41-0.31-0.31-0.24-0.3-0.03-0.32-0.11-0.22-0.13-0.27-0.46-0.27
1.01.00.980.990.940.891.00.380.990.510.990.780.860.71-0.310.971.00.610.820.720.550.430.720.750.91
0.960.970.920.950.930.910.970.50.940.620.940.650.720.63-0.240.970.970.60.690.780.420.40.620.720.89
1.01.00.980.990.930.911.00.390.990.50.980.760.850.73-0.31.00.970.570.80.730.530.420.730.760.89
0.580.60.520.620.680.280.570.010.580.30.630.680.470.29-0.030.610.60.570.680.320.620.560.380.10.79
0.840.820.860.850.740.530.81-0.090.870.080.850.990.940.76-0.320.820.690.80.680.460.850.380.770.490.77
0.710.710.690.650.740.660.760.250.690.270.620.440.50.51-0.110.720.780.730.320.460.330.010.290.420.52
0.570.550.60.570.550.240.54-0.270.6-0.140.580.880.720.58-0.220.550.420.530.620.850.330.210.550.180.58
0.410.430.350.440.50.30.4-0.030.390.250.530.340.310.2-0.130.430.40.420.560.380.010.210.240.170.67
0.750.760.80.80.550.640.70.160.770.210.750.760.830.79-0.270.720.620.730.380.770.290.550.240.640.61
0.770.760.780.760.60.90.750.670.760.620.740.460.690.57-0.460.750.720.760.10.490.420.180.170.640.6
0.890.910.850.910.890.760.880.320.880.540.930.750.730.58-0.270.910.890.890.790.770.520.580.670.610.6
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GDI Integrated Account Relationship Matchups

GDI Integrated fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets750.0M1.1B1.2B1.3B1.3B1.3B
Total Current Liabilities238.9M356.9M397M416M403M423.2M
Total Stockholder Equity339.1M391.0M439M455M496M520.8M
Property Plant And Equipment Net83.7M117.3M122M127M119M125.0M
Net Debt169.9M305.5M391M417M371M389.6M
Retained Earnings(30.8M)12.6M49M68M100M105M
Accounts Payable131.9M236.5M286M298M306M321.3M
Cash3.4M24.3M7M17M14M14.8M
Non Current Assets Total395.1M570.3M614M626M632M663.6M
Cash And Short Term Investments3.4M36.7M18M30M14M17.4M
Net Receivables312.0M435M531M582M445M467.3M
Common Stock Shares Outstanding22.6M23.6M23.7M23.7M23.5M24.7M
Liabilities And Stockholders Equity750.0M1.1B1.2B1.3B1.3B1.3B
Other Current Assets5.1M17.5M9M12M16M16.8M
Other Stockholder Equity6.4M6M4M2M11M10.5M
Total Liab410.9M693.6M781M837M789M828.5M
Property Plant And Equipment Gross83.7M236.2M257M281M283M297.2M
Total Current Assets354.9M514.3M606M666M653M685.7M
Accumulated Other Comprehensive Income(201K)1.2M7M5M5.8M6.0M
Intangible Assets94.5M142.9M139M131M115M72.5M
Common Stock363.7M371.3M379M380M382M318.2M
Non Currrent Assets Other1.07.7M9M12M20M21M
Short Term Debt22.9M6.0M53M50M2M1.9M
Other Current Liab67.6M41.5M26M32M36.8M38.6M
Current Deferred Revenue19.3M43.1M30M34M39.1M41.1M
Inventory21.9M34.2M45M42M33M21.4M
Short Long Term Debt Total173.4M329.9M398M434M499.1M524.1M
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 Debt150.5M298.9M345M384M362M229.4M
Good Will213.4M301.9M344M356M378M241.1M
Non Current Liabilities Total171.9M336.7M384M421M386M262.4M
Short Long Term Debt22.9M31.0M53M50M23M25.5M
Property Plant Equipment83.7M117.3M122M127M119M78.6M
Long Term Debt Total150.5M298.9M345M384M362M244.1M
Capital Surpluse6.4M6M4M2M3M3.9M

Other Information on Investing in GDI Stock

Balance Sheet is a snapshot of the financial position of GDI Integrated at a specified time, usually calculated after every quarter, six months, or one year. GDI Integrated Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of GDI Integrated and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which GDI currently owns. An asset can also be divided into two categories, current and non-current.