Gitlab Property Plant Equipment vs Retained Earnings Analysis

GTLB Stock  USD 60.21  3.79  6.72%   
Gitlab financial indicator trend analysis is much more than just examining Gitlab Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gitlab Inc is a good investment. Please check the relationship between Gitlab Property Plant Equipment and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gitlab Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Property Plant Equipment vs Retained Earnings

Property Plant Equipment vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gitlab Inc Property Plant Equipment account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Gitlab's Property Plant Equipment and Retained Earnings is -0.88. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Gitlab Inc, assuming nothing else is changed. The correlation between historical values of Gitlab's Property Plant Equipment 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 Property Plant Equipment of Gitlab Inc 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 Property Plant Equipment i.e., Gitlab's Property Plant Equipment and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.88
Relationship DirectionNegative 
Relationship StrengthSignificant

Property Plant Equipment

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 Gitlab's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gitlab Inc 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 Gitlab Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, Gitlab's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.41, whereas Selling General Administrative is forecasted to decline to about 101.3 M.
 2021 2022 2023 2024 (projected)
Interest Income736K14.5M39.1M41.1M
Net Interest Income736K14.5M39.1M41.1M

Gitlab fundamental ratios Correlations

0.740.830.970.920.970.97-0.28-0.90.580.30.970.70.961.00.950.03-0.980.220.640.9-0.220.930.971.00.13
0.740.980.590.680.810.80.09-0.94-0.03-0.050.81.00.660.720.80.32-0.76-0.430.990.880.330.710.590.74-0.42
0.830.980.710.780.890.880.05-0.980.15-0.010.880.970.770.820.880.3-0.85-0.260.950.950.20.810.710.83-0.3
0.970.590.710.870.950.88-0.44-0.790.720.460.890.540.930.980.85-0.15-0.970.410.460.82-0.460.881.00.970.32
0.920.680.780.870.870.94-0.26-0.880.650.270.940.660.990.910.910.0-0.890.290.570.83-0.131.00.870.920.28
0.970.810.890.950.870.92-0.29-0.920.520.320.930.770.90.970.90.01-1.00.140.710.93-0.240.890.950.970.07
0.970.80.880.880.940.92-0.07-0.940.470.091.00.780.950.951.00.23-0.920.110.720.940.00.950.880.96-0.01
-0.280.090.05-0.44-0.26-0.29-0.070.0-0.54-1.0-0.120.13-0.31-0.34-0.010.940.32-0.450.210.080.67-0.22-0.44-0.29-0.75
-0.9-0.94-0.98-0.79-0.88-0.92-0.940.0-0.3-0.03-0.94-0.93-0.86-0.87-0.93-0.270.90.11-0.88-0.97-0.11-0.9-0.79-0.890.16
0.58-0.030.150.720.650.520.47-0.54-0.30.540.46-0.060.670.590.42-0.42-0.590.9-0.180.35-0.760.640.720.580.82
0.3-0.05-0.010.460.270.320.09-1.0-0.030.540.14-0.090.320.360.03-0.94-0.350.43-0.17-0.05-0.670.240.460.310.73
0.970.80.880.890.940.931.0-0.12-0.940.460.140.780.960.960.990.18-0.930.090.720.92-0.010.950.890.970.0
0.71.00.970.540.660.770.780.13-0.93-0.06-0.090.780.630.680.780.35-0.72-0.470.990.850.390.690.540.69-0.44
0.960.660.770.930.990.90.95-0.31-0.860.670.320.960.630.950.93-0.03-0.920.320.550.83-0.20.990.930.960.29
1.00.720.820.980.910.970.95-0.34-0.870.590.360.960.680.950.93-0.03-0.980.240.610.88-0.270.920.981.00.16
0.950.80.880.850.910.91.0-0.01-0.930.420.030.990.780.930.930.29-0.90.060.730.940.050.930.850.95-0.07
0.030.320.3-0.150.00.010.230.94-0.27-0.42-0.940.180.35-0.03-0.030.290.03-0.430.430.360.640.04-0.150.02-0.78
-0.98-0.76-0.85-0.97-0.89-1.0-0.920.320.9-0.59-0.35-0.93-0.72-0.92-0.98-0.90.03-0.23-0.65-0.920.3-0.91-0.97-0.98-0.15
0.22-0.43-0.260.410.290.140.11-0.450.110.90.430.09-0.470.320.240.06-0.43-0.23-0.56-0.01-0.830.270.410.230.86
0.640.990.950.460.570.710.720.21-0.88-0.18-0.170.720.990.550.610.730.43-0.65-0.560.820.460.610.460.63-0.55
0.90.880.950.820.830.930.940.08-0.970.35-0.050.920.850.830.880.940.36-0.92-0.010.820.010.860.820.9-0.19
-0.220.330.2-0.46-0.13-0.240.00.67-0.11-0.76-0.67-0.010.39-0.2-0.270.050.640.3-0.830.460.01-0.12-0.46-0.23-0.76
0.930.710.810.881.00.890.95-0.22-0.90.640.240.950.690.990.920.930.04-0.910.270.610.86-0.120.880.930.24
0.970.590.711.00.870.950.88-0.44-0.790.720.460.890.540.930.980.85-0.15-0.970.410.460.82-0.460.880.970.32
1.00.740.830.970.920.970.96-0.29-0.890.580.310.970.690.961.00.950.02-0.980.230.630.9-0.230.930.970.14
0.13-0.42-0.30.320.280.07-0.01-0.750.160.820.730.0-0.440.290.16-0.07-0.78-0.150.86-0.55-0.19-0.760.240.320.14
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Gitlab Account Relationship Matchups

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Gitlab Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gitlab's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gitlab Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gitlab Inc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gitlab Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Systems Software space 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 Gitlab. If investors know Gitlab 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 Gitlab listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.34)
Revenue Per Share
4.226
Quarterly Revenue Growth
0.308
Return On Assets
(0.08)
Return On Equity
(0.48)
The market value of Gitlab Inc is measured differently than its book value, which is the value of Gitlab that is recorded on the company's balance sheet. Investors also form their own opinion of Gitlab's value that differs from its market value or its book value, called intrinsic value, which is Gitlab's 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 Gitlab's market value can be influenced by many factors that don't directly affect Gitlab's 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 Gitlab's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gitlab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gitlab'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.