GE Aerospace Income Tax Expense vs Interest Income Analysis

GE Stock  USD 159.89  1.23  0.76%   
GE Aerospace financial indicator trend analysis is much more than just examining GE Aerospace latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GE Aerospace is a good investment. Please check the relationship between GE Aerospace Income Tax Expense and its Interest Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GE Aerospace. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade GE Aerospace Stock refer to our How to Trade GE Aerospace Stock guide.

Income Tax Expense vs Interest Income

Income Tax Expense vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GE Aerospace Income Tax Expense account and Interest Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between GE Aerospace's Income Tax Expense and Interest Income is -0.17. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Interest Income in the same time period over historical financial statements of GE Aerospace, assuming nothing else is changed. The correlation between historical values of GE Aerospace's Income Tax Expense and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of GE Aerospace are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Income Tax Expense i.e., GE Aerospace's Income Tax Expense and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Tax Expense

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from GE Aerospace's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GE Aerospace 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 GE Aerospace. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade GE Aerospace Stock refer to our How to Trade GE Aerospace Stock guide.At present, GE Aerospace's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.28, whereas Enterprise Value Over EBITDA is forecasted to decline to 9.36.
 2021 2022 2023 2024 (projected)
Gross Profit20.3B13.8B17.6B16.7B
Total Revenue74.2B76.6B68.0B113.9B

GE Aerospace fundamental ratios Correlations

0.98-0.170.490.960.910.940.890.890.850.810.960.910.620.780.40.611.00.970.790.570.540.340.880.840.58
0.98-0.150.50.950.860.980.790.850.740.750.920.960.720.770.220.730.980.990.80.450.470.440.860.790.57
-0.17-0.150.0-0.07-0.36-0.04-0.11-0.41-0.2-0.18-0.28-0.05-0.08-0.19-0.22-0.05-0.17-0.12-0.19-0.46-0.30.16-0.38-0.33-0.44
0.490.50.00.410.410.540.380.270.490.550.460.410.33-0.110.160.30.520.440.850.290.270.810.40.390.3
0.960.95-0.070.410.830.90.880.870.810.80.920.890.690.810.380.660.950.940.70.510.410.250.820.830.51
0.910.86-0.360.410.830.780.840.910.810.690.960.730.480.740.510.450.910.840.690.770.630.210.990.890.82
0.940.98-0.040.540.90.780.710.720.680.70.840.970.730.680.110.760.940.970.810.350.410.550.780.720.48
0.890.79-0.110.380.880.840.710.830.910.720.890.680.290.720.720.240.880.790.60.70.620.070.760.80.44
0.890.85-0.410.270.870.910.720.830.760.730.950.740.550.820.450.50.880.850.630.620.520.050.890.790.69
0.850.74-0.20.490.810.810.680.910.760.850.830.580.310.580.680.270.840.70.670.730.620.150.750.780.48
0.810.75-0.180.550.80.690.70.720.730.850.760.610.620.490.410.540.810.690.770.480.280.310.680.640.47
0.960.92-0.280.460.920.960.840.890.950.830.760.810.550.760.470.530.960.910.760.680.570.270.940.870.7
0.910.96-0.050.410.890.730.970.680.740.580.610.810.730.760.030.770.910.980.710.240.390.450.740.650.42
0.620.72-0.080.330.690.480.730.290.550.310.620.550.730.48-0.240.970.610.690.620.06-0.160.470.580.510.5
0.780.77-0.19-0.110.810.740.680.720.820.580.490.760.760.480.310.480.760.80.260.420.44-0.210.720.660.44
0.40.22-0.220.160.380.510.110.720.450.680.410.470.03-0.240.31-0.360.390.20.180.820.48-0.30.410.570.26
0.610.73-0.050.30.660.450.760.240.50.270.540.530.770.970.48-0.360.60.710.590.0-0.10.520.550.480.46
1.00.98-0.170.520.950.910.940.880.880.840.810.960.910.610.760.390.60.970.80.560.560.370.880.820.58
0.970.99-0.120.440.940.840.970.790.850.70.690.910.980.690.80.20.710.970.750.410.480.40.830.760.53
0.790.8-0.190.850.70.690.810.60.630.670.770.760.710.620.260.180.590.80.750.40.360.760.690.630.52
0.570.45-0.460.290.510.770.350.70.620.730.480.680.240.060.420.820.00.560.410.40.56-0.050.730.850.66
0.540.47-0.30.270.410.630.410.620.520.620.280.570.39-0.160.440.48-0.10.560.480.360.560.030.540.450.32
0.340.440.160.810.250.210.550.070.050.150.310.270.450.47-0.21-0.30.520.370.40.76-0.050.030.250.20.21
0.880.86-0.380.40.820.990.780.760.890.750.680.940.740.580.720.410.550.880.830.690.730.540.250.90.88
0.840.79-0.330.390.830.890.720.80.790.780.640.870.650.510.660.570.480.820.760.630.850.450.20.90.74
0.580.57-0.440.30.510.820.480.440.690.480.470.70.420.50.440.260.460.580.530.520.660.320.210.880.74
Click cells to compare fundamentals

GE Aerospace Account Relationship Matchups

GE Aerospace fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets266B253.5B198.9B188.9B163.0B154.9B
Short Long Term Debt Total94.1B75.1B35.2B26.1B22.9B21.8B
Other Current Liab1.7B16.6B14.0B19.4B19.3B13.3B
Total Current Liabilities92.6B56.1B52.0B49.4B50.9B48.3B
Total Stockholder Equity28.3B35.6B40.3B33.7B27.4B26.0B
Property Plant And Equipment Net46.2B44.7B15.6B12.2B12.5B11.9B
Net Debt9.2B38.4B19.4B10.3B6.0B5.7B
Retained Earnings87.7B92.2B85.1B83.0B86.5B85.6B
Cash84.9B36.6B15.8B15.8B17.0B16.1B
Non Current Assets Total138B165.0B132.5B130.5B103.2B176.1B
Non Currrent Assets Other37.6B30.4B28.3B44.9B14.2B13.5B
Cash And Short Term Investments84.9B43.9B28.1B23.4B22.7B21.5B
Net Receivables19.9B27.1B20.5B17.8B17.4B16.6B
Common Stock Shares Outstanding1.1B1.1B1.1B1.1B1.1B1.0B
Liabilities And Stockholders Equity266B253.5B198.9B188.9B163.0B154.9B
Non Current Liabilities Total143.6B160.3B105.3B104.5B83.6B79.4B
Inventory14.1B15.9B15.8B14.9B16.5B12.0B
Other Stockholder Equity(48.4B)(47.7B)(46.4B)(47.0B)(53.0B)(50.4B)
Total Liab236.2B216.4B157.3B153.9B134.5B127.7B
Total Current Assets128B88.4B66.3B58.4B59.8B56.8B
Short Term Debt90.9B4.8B4.4B3.7B1.3B1.2B
Intangible Assets10.7B9.8B9.3B6.1B5.7B5.4B
Accounts Payable15.9B16.5B16.2B10.0B10.7B16.2B
Other Current Assets9.1B1.5B1.9B83M495M470.3M
Property Plant And Equipment Gross46.2B44.7B15.6B12.2B12.5B11.9B
Accumulated Other Comprehensive Income(11.7B)(9.7B)1.6B(2.3B)(6.2B)(6.5B)
Good Will26.7B25.5B26.2B13.0B13.4B12.7B
Short Term Investments48.5B7.3B12.3B7.6B5.7B5.4B
Other Liab68.6B47.6B37.3B28.9B26.0B24.7B
Long Term Debt68.8B70.3B30.8B28.6B19.7B18.7B
Treasury Stock(82.8B)(82.0B)(81.1B)(81.2B)(73.1B)(69.4B)
Property Plant Equipment52.4B44.7B15.6B14.5B13.0B12.4B
Current Deferred Revenue(15.9B)18.2B17.4B16.2B19.7B20.7B
Noncontrolling Interest In Consolidated Entity20.5B1.5B1.5B1.2B1.4B1.3B
Retained Earnings Total Equity93.1B87.7B92.2B84.7B97.4B113.6B
Deferred Long Term Liab31.7B29.8B2.6B16.0B18.4B19.1B
Net Tangible Assets(9.1B)10.0B4.8B10.6B9.5B6.8B

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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.
When determining whether GE Aerospace is a strong investment it is important to analyze GE Aerospace's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GE Aerospace's future performance. For an informed investment choice regarding GE Aerospace Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GE Aerospace. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade GE Aerospace Stock refer to our How to Trade GE Aerospace Stock guide.
Note that the GE Aerospace information on this page should be used as a complementary analysis to other GE Aerospace's 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 the Money Managers module to screen money managers from public funds and ETFs managed around the world.

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Is GE Aerospace'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 GE Aerospace. If investors know GE Aerospace 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 GE Aerospace listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.79)
Dividend Share
0.52
Earnings Share
3.79
Revenue Per Share
63.81
Quarterly Revenue Growth
0.108
The market value of GE Aerospace is measured differently than its book value, which is the value of GE Aerospace that is recorded on the company's balance sheet. Investors also form their own opinion of GE Aerospace's value that differs from its market value or its book value, called intrinsic value, which is GE Aerospace'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 GE Aerospace's market value can be influenced by many factors that don't directly affect GE Aerospace'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 GE Aerospace's value and its price as these two are different measures arrived at by different means. Investors typically determine if GE Aerospace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GE Aerospace'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.