Goodrx Reconciled Depreciation vs Income Tax Expense Analysis

GDRX Stock  USD 8.55  0.24  2.73%   
Goodrx Holdings financial indicator trend analysis is much more than just examining Goodrx Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Goodrx Holdings is a good investment. Please check the relationship between Goodrx Holdings Reconciled Depreciation 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 Goodrx Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Goodrx Stock please use our How to Invest in Goodrx Holdings guide.

Reconciled Depreciation vs Income Tax Expense

Reconciled Depreciation vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goodrx Holdings Reconciled Depreciation account and Income Tax Expense. At this time, the significance of the direction appears to have pay attention.
The correlation between Goodrx Holdings' Reconciled Depreciation and Income Tax Expense is -0.83. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Goodrx Holdings, assuming nothing else is changed. The correlation between historical values of Goodrx Holdings' Reconciled Depreciation 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 Reconciled Depreciation of Goodrx Holdings 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 Reconciled Depreciation i.e., Goodrx Holdings' Reconciled Depreciation and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

Reconciled Depreciation

Income Tax Expense

Most indicators from Goodrx Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Goodrx Holdings 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 Goodrx Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Goodrx Stock please use our How to Invest in Goodrx Holdings guide.At this time, Goodrx Holdings' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.20 in 2024, despite the fact that Tax Provision is likely to grow to (48.2 M).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization34.6M54.2M111.8M117.4M
Interest Income59K9.3M29.1M30.6M

Goodrx Holdings fundamental ratios Correlations

-0.40.950.930.990.140.980.940.97-0.98-0.950.730.980.92-0.130.86-0.720.980.920.9-0.990.88-1.00.971.0-0.99
-0.4-0.38-0.38-0.510.12-0.54-0.43-0.420.420.62-0.72-0.39-0.37-0.42-0.350.89-0.39-0.38-0.390.51-0.710.47-0.39-0.380.49
0.95-0.381.00.940.20.950.890.93-0.88-0.90.840.880.960.040.78-0.710.880.990.94-0.930.88-0.940.910.94-0.92
0.93-0.381.00.920.20.940.880.92-0.86-0.890.850.860.960.070.76-0.710.860.990.94-0.920.88-0.920.890.93-0.9
0.99-0.510.940.920.121.00.930.97-0.98-0.970.780.970.91-0.060.87-0.790.970.910.89-1.00.92-1.00.960.99-1.0
0.140.120.20.20.120.16-0.15-0.03-0.05-0.260.280.060.280.280.040.140.060.20.31-0.15-0.01-0.130.090.16-0.12
0.98-0.540.950.941.00.160.920.96-0.95-0.980.830.950.93-0.020.82-0.810.950.930.92-0.990.94-0.990.940.98-0.99
0.94-0.430.890.880.93-0.150.920.99-0.92-0.850.670.910.87-0.120.85-0.780.910.870.84-0.920.91-0.930.960.93-0.93
0.97-0.420.930.920.97-0.030.960.99-0.94-0.90.710.940.91-0.10.87-0.770.940.910.89-0.960.92-0.970.980.97-0.96
-0.980.42-0.88-0.86-0.98-0.05-0.95-0.92-0.940.92-0.65-1.0-0.820.18-0.890.7-1.0-0.83-0.790.98-0.830.98-0.95-0.980.99
-0.950.62-0.9-0.89-0.97-0.26-0.98-0.85-0.90.92-0.86-0.91-0.9-0.07-0.80.83-0.91-0.88-0.890.98-0.920.96-0.91-0.940.97
0.73-0.720.840.850.780.280.830.670.71-0.65-0.860.630.830.420.55-0.860.630.850.84-0.780.88-0.760.690.72-0.75
0.98-0.390.880.860.970.060.950.910.94-1.0-0.910.630.82-0.20.9-0.681.00.830.79-0.970.82-0.980.950.98-0.98
0.92-0.370.960.960.910.280.930.870.91-0.82-0.90.830.820.010.7-0.70.820.971.0-0.90.89-0.90.890.91-0.89
-0.13-0.420.040.07-0.060.28-0.02-0.12-0.10.18-0.070.42-0.20.010.1-0.28-0.2-0.010.020.040.140.07-0.01-0.130.08
0.86-0.350.780.760.870.040.820.850.87-0.89-0.80.550.90.70.1-0.630.90.680.65-0.880.73-0.880.940.87-0.89
-0.720.89-0.71-0.71-0.790.14-0.81-0.78-0.770.70.83-0.86-0.68-0.7-0.28-0.63-0.68-0.7-0.70.78-0.940.76-0.73-0.70.77
0.98-0.390.880.860.970.060.950.910.94-1.0-0.910.631.00.82-0.20.9-0.680.830.79-0.970.82-0.980.950.98-0.98
0.92-0.380.990.990.910.20.930.870.91-0.83-0.880.850.830.97-0.010.68-0.70.830.96-0.90.88-0.90.860.91-0.88
0.9-0.390.940.940.890.310.920.840.89-0.79-0.890.840.791.00.020.65-0.70.790.96-0.880.89-0.880.860.89-0.86
-0.990.51-0.93-0.92-1.0-0.15-0.99-0.92-0.960.980.98-0.78-0.97-0.90.04-0.880.78-0.97-0.9-0.88-0.911.0-0.96-0.991.0
0.88-0.710.880.880.92-0.010.940.910.92-0.83-0.920.880.820.890.140.73-0.940.820.880.89-0.91-0.90.880.86-0.9
-1.00.47-0.94-0.92-1.0-0.13-0.99-0.93-0.970.980.96-0.76-0.98-0.90.07-0.880.76-0.98-0.9-0.881.0-0.9-0.97-0.991.0
0.97-0.390.910.890.960.090.940.960.98-0.95-0.910.690.950.89-0.010.94-0.730.950.860.86-0.960.88-0.970.97-0.97
1.0-0.380.940.930.990.160.980.930.97-0.98-0.940.720.980.91-0.130.87-0.70.980.910.89-0.990.86-0.990.97-0.99
-0.990.49-0.92-0.9-1.0-0.12-0.99-0.93-0.960.990.97-0.75-0.98-0.890.08-0.890.77-0.98-0.88-0.861.0-0.91.0-0.97-0.99
Click cells to compare fundamentals

Goodrx Holdings Account Relationship Matchups

Goodrx Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets386.8M1.5B1.6B1.6B1.6B1.3B
Short Long Term Debt Total711.0M704.9M702.3M717.0M711.1M569.1M
Other Current Liab12.1M30.8M43.9M39.6M64.2M35.6M
Total Current Liabilities33.4M59.6M81.1M76.3M122.6M71.4M
Total Stockholder Equity(1.1B)711.4M831.7M814.8M762.0M800.1M
Other Liab3.0M5.8M5.4M7.6M8.7M6.3M
Net Tangible Assets(1.4B)393.5M831.7M814.8M937.1M983.9M
Property Plant And Equipment Net34.2M50.8M49.3M55.7M45.9M43.4M
Current Deferred Revenue3.5M6.9M6.9M7.9M7.1M5.9M
Net Debt684.9M(263.8M)(238.8M)(40.1M)38.8M36.8M
Retained Earnings(1.1B)(1.4B)(1.4B)(1.4B)(1.5B)(1.5B)
Accounts Payable7.9M10.3M17.5M17.7M36.3M38.1M
Cash26.1M968.7M941.1M757.2M672.3M623.3M
Non Current Assets Total300.2M383.7M518.8M684.9M716.0M521.7M
Non Currrent Assets Other1.2M2.0M(34.3M)(15.0M)22.8M23.9M
Other Assets3.4M15.1M6.0M8.2M9.4M7.6M
Long Term Debt663.9M659.9M655.9M651.8M647.7M532.8M
Cash And Short Term Investments26.1M968.7M941.1M757.2M672.3M623.3M
Net Receivables55.5M68.7M126.4M117.1M160.0M103.2M
Good Will236.2M261.1M329.7M412.1M410.8M342.9M
Common Stock Shares Outstanding385.4M391.7M400.6M412.9M410.3M433.3M
Liabilities And Stockholders Equity386.8M1.5B1.6B1.6B1.6B1.3B
Non Current Liabilities Total1.4B699.2M694.8M713.5M704.3M761.8M
Capital Lease Obligations40.1M38.0M39.4M58.2M54.6M42.2M
Other Current Assets12.4M46.0M29.6M45.4M40.4M32.5M
Other Stockholder Equity8.8M2.1B2.2B2.3B2.2B1.6B
Total Liab1.5B758.8M775.9M789.8M826.8M813.7M
Net Invested Capital(416.7M)1.4B1.5B1.5B1.4B899.8M
Property Plant And Equipment Gross34.2M50.8M21.6M19.8M59.6M34.3M
Total Current Assets86.6M1.1B1.1B919.7M872.8M756.7M
Non Current Liabilities Other3.0M5.8M5.1M7.6M8.2M6.1M
Net Working Capital53.2M1.0B1.0B843.4M750.2M685.3M
Short Term Debt10.0M11.6M12.9M11.1M15.0M12.1M
Intangible Assets26.4M56.7M133.8M189.9M156.3M106.6M
Property Plant Equipment34.2M50.8M21.6M19.8M22.8M28.0M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Goodrx Stock Analysis

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