GTY Stock | | | USD 30.26 0.02 0.07% |
Getty Realty financial indicator trend analysis is much more than just examining Getty Realty latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Getty Realty is a good investment. Please check the relationship between Getty Realty Income Before Tax and its Income Tax Expense accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Getty Realty. 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.
For more information on how to buy Getty Stock please use our
How to Invest in Getty Realty guide.
Income Before Tax vs Income Tax Expense
Income Before Tax vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Getty Realty Income Before Tax account and
Income Tax Expense. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Getty Realty's Income Before Tax and Income Tax Expense is 0.88. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Getty Realty, assuming nothing else is changed. The correlation between historical values of Getty Realty's Income Before Tax and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Getty Realty are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Income Before Tax i.e., Getty Realty's Income Before Tax and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Getty Realty income statement and is an important metric when analyzing Getty Realty profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Income Tax Expense
Most indicators from Getty Realty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Getty Realty 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 Getty Realty. 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.
For more information on how to buy Getty Stock please use our
How to Invest in Getty Realty guide.At this time, Getty Realty's
Issuance Of Capital Stock is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 1.9
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 13.5
M in 2024.
Getty Realty fundamental ratios Correlations
Click cells to compare fundamentals
Getty Realty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Getty Realty fundamental ratios Accounts
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Additional Tools for Getty Stock Analysis
When running Getty Realty's price analysis, check to
measure Getty Realty's 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 Getty Realty is operating at the current time. Most of Getty Realty's value examination focuses on studying past and present price action to
predict the probability of Getty Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Getty Realty's price. Additionally, you may evaluate how the addition of Getty Realty to your portfolios can decrease your overall portfolio volatility.