GTY Technology Revenue vs. Current Asset

GTYH
 Stock
  

USD 6.30  0.00  0.00%   

For GTY Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GTY Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GTY Technology Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GTY Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GTY Technology Holdings over time as well as its relative position and ranking within its peers. Please check Risk vs Return Analysis.
  
Is GTY Technology's 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 GTY Technology. If investors know GTY Technology 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 GTY Technology 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 GTY Technology Holdings is measured differently than its book value, which is the value of GTY Technology that is recorded on the company's balance sheet. Investors also form their own opinion of GTY Technology's value that differs from its market value or its book value, called intrinsic value, which is GTY Technology'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 GTY Technology's market value can be influenced by many factors that don't directly affect GTY Technology'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 GTY Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine GTY Technology value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GTY Technology'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.

GTY Technology Holdings Current Asset vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining GTY Technology's current stock value. Our valuation model uses many indicators to compare GTY Technology value to that of its competitors to determine the firm's financial worth.
GTY Technology Holdings is rated below average in revenue category among related companies. It is rated below average in current asset category among related companies . The ratio of Revenue to Current Asset for GTY Technology Holdings is about  744.14 . Comparative valuation analysis is a catch-all model that can be used if you cannot value GTY Technology by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for GTY Technology's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the GTY Technology's earnings, one of the primary drivers of an investment's value.

GTY Technology Revenue vs. Competition

GTY Technology Holdings is rated below average in revenue category among related companies. Market size based on revenue of Software—Application industry is currently estimated at about 55.41 Billion. GTY Technology adds roughly 63.09 Million in revenue claiming only tiny portion of equities listed under Software—Application industry.

GTY Technology Current Asset vs. Revenue

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
GTY Technology 
Revenue 
 = 
Money Received 
Discounts and Returns 
63.09 M
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
GTY Technology 
Current Asset 
 = 
Cash 
Deposits 
Liquid Assets 
84.78 K
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.

GTY Technology Current Asset Comparison

GTY Technology is currently under evaluation in current asset category among related companies.

GTY Technology Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in GTY Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, GTY Technology will eventually generate negative long term returns. The profitability progress is the general direction of GTY Technology's change in net profit over the period of time. It can combine multiple indicators of GTY Technology, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
GTY Technology Holdings Inc. operates as a software-as-a-service company that offers a cloud-based suite of solutions for the public sector in North America. As of July 7, 2022, GTY Technology Holdings Inc. was taken private. GTY Technology operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 5 people.

GTY Technology Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on GTY Technology. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of GTY Technology position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the GTY Technology's important profitability drivers and their relationship over time.

Use GTY Technology in pair-trading

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 GTY Technology 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 GTY Technology will appreciate offsetting losses from the drop in the long position's value.

GTY Technology Pair Trading

GTY Technology Holdings Pair Trading Analysis

The ability to find closely correlated positions to GTY Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GTY Technology 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 GTY Technology - 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 GTY Technology Holdings to buy it.
The correlation of GTY Technology is a statistical measure of how it moves in relation to other equities. 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 GTY Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GTY Technology Holdings 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 GTY Technology 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your GTY Technology position

In addition to having GTY Technology in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Electronics Thematic Idea Now

Electronics
Electronics Theme
Companies manufacturing electronic appliances and goods. The Electronics theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Electronics Theme or any other thematic opportunities.
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Please check Risk vs Return Analysis. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Other Tools for GTY Technology Stock

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