Genuine Depreciation Amortization and Accretion vs Issuance Purchase of Equity Shares Analysis

Genuine Parts financial indicator trend analysis is much more than just examining Genuine Parts latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genuine Parts is a good investment. Please check the relationship between Genuine Parts Depreciation Amortization and Accretion and its Issuance Purchase of Equity Shares accounts. Check out Risk vs Return Analysis.

Depreciation Amortization and Accretion vs Issuance Purchase of Equity Shares

Depreciation Amortization and Accretion vs Issuance Purchase of Equity Shares Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genuine Parts Depreciation Amortization and Accretion account and Issuance Purchase of Equity Shares. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Genuine Parts' Depreciation Amortization and Accretion and Issuance Purchase of Equity Shares is -0.33. Overlapping area represents the amount of variation of Depreciation Amortization and Accretion that can explain the historical movement of Issuance Purchase of Equity Shares in the same time period over historical financial statements of Genuine Parts, assuming nothing else is changed. The correlation between historical values of Genuine Parts' Depreciation Amortization and Accretion and Issuance Purchase of Equity Shares 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 Amortization and Accretion of Genuine Parts are associated (or correlated) with its Issuance Purchase of Equity Shares. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Issuance Purchase of Equity Shares has no effect on the direction of Depreciation Amortization and Accretion i.e., Genuine Parts' Depreciation Amortization and Accretion and Issuance Purchase of Equity Shares go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation Amortization and Accretion

A component of operating cash flow representing the aggregate net amount of depreciation; amortization; and accretion recognized during an accounting period. As a non-cash item; the net amount is added back to net income when calculating cash provided by or used in operations using the indirect method.

Issuance Purchase of Equity Shares

A component of Net Cash Flow from Financing representing the net cash inflow (outflow) from common equity changes. Includes additional capital contributions from share issuances and exercise of stock options; and outflow from share repurchases.
Most indicators from Genuine Parts fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genuine Parts 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.Genuine Parts Net Loss Income from Discontinued Operations is projected to increase significantly based on the last few years of reporting. The past year's Net Loss Income from Discontinued Operations was at 221.37 Million. The current year Enterprise Value over EBIT is expected to grow to 20.05, whereas Selling General and Administrative Expense is forecasted to decline to about 4.8 B.
 2019 2020 2021 2022 (projected)
Interest Expense91.41 M91.05 M62.15 M60.62 M
Gross Profit5.86 B5.65 B6.63 B6.33 B

Genuine Parts fundamental ratios Correlations

0.740.890.930.930.910.110.880.450.830.860.960.930.920.960.810.940.750.75-0.930.84
0.740.510.610.680.56-0.410.650.90.530.670.720.580.590.640.50.550.280.97-0.720.48
0.890.510.950.960.940.340.850.190.860.860.910.970.940.970.850.980.850.61-0.850.95
0.930.610.950.991.00.380.970.330.970.830.970.931.00.980.960.960.90.66-0.850.96
0.930.680.960.990.970.290.950.410.930.850.980.940.980.980.930.960.830.74-0.870.95
0.910.560.941.00.970.430.970.280.970.80.960.91.00.970.970.950.930.59-0.830.95
0.11-0.410.340.380.290.430.39-0.470.51-0.080.260.240.420.290.540.340.6-0.36-0.020.43
0.880.650.850.970.950.970.390.440.990.740.970.840.970.920.980.870.850.67-0.80.91
0.450.90.190.330.410.28-0.470.440.30.340.480.30.320.350.270.24-0.040.85-0.470.2
0.830.530.860.970.930.970.510.990.30.690.930.820.970.911.00.870.910.55-0.750.93
0.860.670.860.830.850.8-0.080.740.340.690.820.870.790.860.670.830.670.74-0.850.84
0.960.720.910.970.980.960.260.970.480.930.820.930.970.970.910.940.80.75-0.910.91
0.930.580.970.930.940.90.240.840.30.820.870.930.910.960.810.970.750.68-0.890.92
0.920.590.941.00.981.00.420.970.320.970.790.970.910.980.970.960.910.63-0.830.95
0.960.640.970.980.980.970.290.920.350.910.860.970.960.980.90.990.850.69-0.90.93
0.810.50.850.960.930.970.540.980.271.00.670.910.810.970.90.860.920.52-0.70.92
0.940.550.980.960.960.950.340.870.240.870.830.940.970.960.990.860.850.62-0.880.93
0.750.280.850.90.830.930.60.85-0.040.910.670.80.750.910.850.920.850.3-0.640.88
0.750.970.610.660.740.59-0.360.670.850.550.740.750.680.630.690.520.620.3-0.750.57
-0.93-0.72-0.85-0.85-0.87-0.83-0.02-0.8-0.47-0.75-0.85-0.91-0.89-0.83-0.9-0.7-0.88-0.64-0.75-0.8
0.840.480.950.960.950.950.430.910.20.930.840.910.920.950.930.920.930.880.57-0.8
Click cells to compare fundamentals

Genuine Parts Account Relationship Matchups

Genuine Parts fundamental ratios Accounts

201720182019202020212022 (projected)
Inventories3.77 B3.61 B3.83 B3.51 B3.89 B3.38 B
Receivables2.42 B2.49 B2.64 B1.56 B1.8 B1.74 B
Accounts Payable3.63 B4 B4.11 B4.13 B4.8 B5.18 B
Accumulated Other Comprehensive Income(852.59 M)(1.12 B)(1.14 B)(1.04 B)(857.74 M)(925.46 M)
Total Assets12.41 B12.68 B14.65 B13.44 B14.35 B13.53 B
Current Assets7.31 B7.58 B7.94 B7.11 B7.76 B7.74 B
Assets Non Current5.1 B5.11 B6.71 B6.33 B6.6 B5.78 B
Cash and Equivalents314.9 M333.55 M276.99 M990.17 M714.7 M604.98 M
Cash and Equivalents USD314.9 M333.55 M276.99 M990.17 M714.7 M604.98 M
Total Debt3.25 B3.14 B4.18 B3.47 B3.2 B2.8 B
Debt Current694.99 M711.15 M624.04 M160.53 M184.61 M189.47 M
Debt Non Current2.55 B2.43 B3.56 B3.31 B3.2 B2.61 B
Total Debt USD3.25 B3.14 B4.18 B3.47 B3.2 B2.8 B
Shareholders Equity3.41 B3.45 B3.67 B3.2 B3.49 B3.73 B
Shareholders Equity USD3.41 B3.45 B3.67 B3.2 B3.49 B3.73 B
Goodwill and Intangible Assets3.55 B3.54 B3.79 B3.42 B3.32 B3.01 B
Inventory3.77 B3.61 B3.44 B3.51 B3.89 B3.91 B
Total Liabilities8.95 B9.21 B10.95 B10.22 B10.85 B9.78 B
Current Liabilities5.47 B5.9 B6.39 B5.89 B6.58 B6.08 B
Liabilities Non Current3.47 B3.31 B4.56 B4.33 B4.27 B3.7 B
Trade and Non Trade Payables3.63 B4 B3.95 B4.13 B4.8 B4.34 B
Property Plant and Equipment Net936.7 M1.03 B2.17 B2.2 B2.29 B1.86 B
Trade and Non Trade Receivables2.42 B2.49 B2.44 B1.56 B1.8 B2.05 B
Accumulated Retained Earnings Deficit4.05 B4.34 B4.57 B3.98 B4.09 B4.4 B
Tax Assets40.16 M29.51 M45.92 M65.66 M59.09 M82.32 M
Tax Liabilities193.31 M196.84 M233.04 M212.91 M280.78 M302.94 M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Genuine Parts in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Genuine Parts' short interest history, or implied volatility extrapolated from Genuine Parts options trading.

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Check out Risk vs Return Analysis. 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 Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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When running Genuine Parts price analysis, check to measure Genuine Parts' 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 Genuine Parts is operating at the current time. Most of Genuine Parts' value examination focuses on studying past and present price action to predict the probability of Genuine Parts' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Genuine Parts' price. Additionally, you may evaluate how the addition of Genuine Parts to your portfolios can decrease your overall portfolio volatility.
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