Groupe Net Income vs Capital Expenditures Analysis
| GRGD Stock | 63.48 1.00 1.60% |
Groupe Dynamite financial indicator trend analysis is much more than just examining Groupe Dynamite latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Groupe Dynamite is a good investment. Please check the relationship between Groupe Dynamite Net Income and its Capital Expenditures accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Groupe Dynamite. 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.
Net Income vs Capital Expenditures
Net Income vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Groupe Dynamite Net Income account and Capital Expenditures. At this time, the significance of the direction appears to have no relationship.
The correlation between Groupe Dynamite's Net Income and Capital Expenditures is 0.07. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Groupe Dynamite, assuming nothing else is changed. The correlation between historical values of Groupe Dynamite's Net Income and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Groupe Dynamite are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Net Income i.e., Groupe Dynamite's Net Income and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.07 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Groupe Dynamite financial statement analysis. It represents the amount of money remaining after all of Groupe Dynamite operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Capital Expenditures
Capital Expenditures are funds used by Groupe Dynamite to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Groupe Dynamite operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most indicators from Groupe Dynamite's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Groupe Dynamite 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 Groupe Dynamite. 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. At this time, Groupe Dynamite's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 24th of November 2025, Enterprise Value Over EBITDA is likely to grow to 12.24, while Selling General Administrative is likely to drop about 234.7 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 18.2M | 36.4M | 34.6M | 27.5M | Depreciation And Amortization | 66.9M | 69.4M | 76.8M | 74.5M |
Groupe Dynamite fundamental ratios Correlations
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Groupe Dynamite Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Groupe Dynamite
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Groupe Dynamite position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Groupe Dynamite will appreciate offsetting losses from the drop in the long position's value.Moving together with Groupe Stock
Moving against Groupe Stock
The ability to find closely correlated positions to Groupe Dynamite could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Groupe Dynamite when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Groupe Dynamite - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Groupe Dynamite to buy it.
The correlation of Groupe Dynamite is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Groupe Dynamite moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Groupe Dynamite moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Groupe Dynamite can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Groupe Stock
Balance Sheet is a snapshot of the financial position of Groupe Dynamite at a specified time, usually calculated after every quarter, six months, or one year. Groupe Dynamite Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Groupe Dynamite 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 Groupe currently owns. An asset can also be divided into two categories, current and non-current.