Genuine Interest Coverage Trend from 2010 to 2022

GPC -  USA Stock  

USD 139.18  3.14  2.31%

Genuine Parts Interest Coverage is decreasing over the years with slightly volatile fluctuation. Ongoing Interest Coverage is projected to grow to 5.23 this year. From 2010 to 2022 Genuine Parts Interest Coverage quarterly data regression line had arithmetic mean of 27.53 and r-squared of  0.54. Genuine Parts Cost of Revenue is projected to increase significantly based on the last few years of reporting. The past year's Cost of Revenue was at 12.24 Billion. The current year Net Loss Income from Discontinued Operations is expected to grow to about 238.8 M, whereas Direct Expenses is forecasted to decline to about 9.6 B.
  
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Check Genuine Parts financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genuine main balance sheet or income statement drivers, such as Direct Expenses of 9.6 B, Consolidated Income of 737.9 M or Cost of Revenue of 12.6 B, as well as many exotic indicators such as Interest Coverage of 5.23, Long Term Debt to Equity of 0.76 or Calculated Tax Rate of 42.28. Genuine financial statements analysis is a perfect complement when working with Genuine Parts Valuation or Volatility modules. It can also supplement various Genuine Parts Technical models. Please check the analysis of Genuine Parts Correlation against competitors.

Genuine Interest Coverage Breakdown

Showing smoothed Interest Coverage of Genuine Parts with missing and latest data points interpolated. Genuine Parts' Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Genuine Parts' overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Decreasing
Slightly volatile
 Interest Coverage 
Share
      Timeline 

Genuine Interest Coverage Regression Statistics

Arithmetic Mean 27.53
Geometric Mean 19.64
Coefficient Of Variation 68.40
Mean Deviation 16.24
Median 28.02
Standard Deviation 18.83
Sample Variance 354.76
Range 47.48
R-Value(0.73)
Mean Square Error 178.40
R-Squared 0.54
Significance 0.004271
Slope(3.55)
Total Sum of Squares 4,257

Genuine Interest Coverage History

2012  49.96 
2013  39.24 
2014  44.81 
2015  51.91 
2016  50.74 
2017  24.58 
2018  10.89 
2019  9.43 
2020  4.43 
2021  5.09 
2022  5.23 

About Genuine Parts Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Genuine Parts income statement, its balance sheet, and the statement of cash flows. Genuine Parts investors use historical funamental indicators, such as Genuine Parts's Interest Coverage, to determine how well the company is positioned to perform in the future. Although Genuine Parts investors may use each financial statement separately, they are all related. The changes in Genuine Parts's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Genuine Parts's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Genuine Parts Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Genuine Parts. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Interest Coverage 5.09  5.23 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA1.6 B1.5 B
Genuine Parts Company distributes automotive replacement parts, and industrial parts and materials. The company was incorporated in 1928 and is headquartered in Atlanta, Georgia. Genuine Parts operates under Specialty Retail classification in the United States and is traded on New York Stock Exchange. It employs 52000 people.

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Please check the analysis of Genuine Parts Correlation against competitors. Note that the Genuine Parts information on this page should be used as a complementary analysis to other Genuine Parts' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is Genuine Parts' industry 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 Genuine Parts. If investors know Genuine 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 Genuine Parts listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Genuine Parts is measured differently than its book value, which is the value of Genuine that is recorded on the company's balance sheet. Investors also form their own opinion of Genuine Parts' value that differs from its market value or its book value, called intrinsic value, which is Genuine Parts' 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 Genuine Parts' market value can be influenced by many factors that don't directly affect Genuine Parts' 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 Genuine Parts' value and its price as these two are different measures arrived at by different means. Investors typically determine Genuine Parts value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genuine Parts' 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.