GameSquare Total Assets vs Accounts Payable Analysis

GAME Stock  USD 1.46  0.01  0.69%   
GameSquare Holdings financial indicator trend analysis is much more than just examining GameSquare Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GameSquare Holdings is a good investment. Please check the relationship between GameSquare Holdings Total Assets and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GameSquare Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade GameSquare Stock refer to our How to Trade GameSquare Stock guide.

Total Assets vs Accounts Payable

Total Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GameSquare Holdings Total Assets account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between GameSquare Holdings' Total Assets and Accounts Payable is 0.95. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of GameSquare Holdings, assuming nothing else is changed. The correlation between historical values of GameSquare Holdings' Total Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of GameSquare Holdings are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Assets i.e., GameSquare Holdings' Total Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of GameSquare Holdings assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in GameSquare Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Accounts Payable

An accounting item on the balance sheet that represents GameSquare Holdings obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of GameSquare Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from GameSquare Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GameSquare 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 GameSquare Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade GameSquare Stock refer to our How to Trade GameSquare Stock guide.At present, GameSquare Holdings' Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense1.3M411.8K696.0K587.9K
Depreciation And Amortization3.5M2.7M3.6M2.9M

GameSquare Holdings fundamental ratios Correlations

0.980.80.65-0.910.640.640.780.790.970.930.770.950.820.780.410.570.890.890.870.720.860.80.830.31-0.89
0.980.70.67-0.890.630.630.680.70.990.880.770.90.850.870.520.490.920.80.880.730.860.850.750.36-0.88
0.80.70.28-0.680.440.440.850.830.640.830.550.820.370.380.160.70.630.90.710.270.630.490.83-0.06-0.73
0.650.670.28-0.450.040.040.570.630.730.420.250.750.820.790.050.450.680.60.530.760.40.80.240.28-0.54
-0.91-0.89-0.68-0.45-0.87-0.87-0.57-0.55-0.9-0.96-0.95-0.77-0.81-0.66-0.44-0.38-0.78-0.73-0.85-0.77-0.92-0.62-0.9-0.370.86
0.640.630.440.04-0.871.00.190.190.650.80.920.390.570.390.62-0.010.520.380.580.60.870.280.790.5-0.6
0.640.630.440.04-0.871.00.190.190.650.80.920.390.570.390.62-0.010.520.380.580.60.870.280.790.5-0.6
0.780.680.850.57-0.570.190.190.940.670.730.340.910.470.44-0.10.890.590.970.620.40.480.550.68-0.15-0.72
0.790.70.830.63-0.550.190.190.940.70.710.290.920.520.47-0.010.730.630.930.530.470.520.60.610.1-0.6
0.970.990.640.73-0.90.650.650.670.70.880.780.890.910.860.470.450.90.790.850.820.870.840.740.42-0.86
0.930.880.830.42-0.960.80.80.730.710.880.860.850.710.580.380.540.750.860.810.680.90.570.950.26-0.87
0.770.770.550.25-0.950.920.920.340.290.780.860.570.720.590.50.210.70.540.820.670.880.520.850.33-0.8
0.950.90.820.75-0.770.390.390.910.920.890.850.570.750.720.170.740.820.960.790.660.70.780.740.15-0.84
0.820.850.370.82-0.810.570.570.470.520.910.710.720.750.880.370.280.850.610.740.960.80.830.590.52-0.74
0.780.870.380.79-0.660.390.390.440.470.860.580.590.720.880.520.330.930.550.810.720.720.960.480.36-0.75
0.410.520.160.05-0.440.620.62-0.1-0.010.470.380.50.170.370.52-0.250.510.050.390.280.650.370.310.57-0.35
0.570.490.70.45-0.38-0.01-0.010.890.730.450.540.210.740.280.33-0.250.410.840.60.180.250.420.55-0.53-0.7
0.890.920.630.68-0.780.520.520.590.630.90.750.70.820.850.930.510.410.70.870.690.840.960.690.36-0.81
0.890.80.90.6-0.730.380.380.970.930.790.860.540.960.610.550.050.840.70.750.530.650.630.8-0.03-0.83
0.870.880.710.53-0.850.580.580.620.530.850.810.820.790.740.810.390.60.870.750.560.780.80.80.01-0.97
0.720.730.270.76-0.770.60.60.40.470.820.680.670.660.960.720.280.180.690.530.560.750.660.550.61-0.6
0.860.860.630.4-0.920.870.870.480.520.870.90.880.70.80.720.650.250.840.650.780.750.670.870.52-0.79
0.80.850.490.8-0.620.280.280.550.60.840.570.520.780.830.960.370.420.960.630.80.660.670.490.29-0.71
0.830.750.830.24-0.90.790.790.680.610.740.950.850.740.590.480.310.550.690.80.80.550.870.490.11-0.85
0.310.36-0.060.28-0.370.50.5-0.150.10.420.260.330.150.520.360.57-0.530.36-0.030.010.610.520.290.110.02
-0.89-0.88-0.73-0.540.86-0.6-0.6-0.72-0.6-0.86-0.87-0.8-0.84-0.74-0.75-0.35-0.7-0.81-0.83-0.97-0.6-0.79-0.71-0.850.02
Click cells to compare fundamentals

GameSquare Holdings Account Relationship Matchups

GameSquare Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.7M53.4M57.2M20.1M64.7M67.9M
Total Current Liabilities5.4M41.8M32.5M10.5M36.2M38.0M
Total Stockholder Equity(8.0M)45.9K15.2M7.2M18.4M19.3M
Net Debt10.8M15.1M(3.8M)2.5M12.9M13.5M
Retained Earnings(39.8M)(72.1M)(123.1M)(41.3M)(73.4M)(69.7M)
Cash2.8M5.2M15.3M977.4K2.9M2.8M
Cash And Short Term Investments2.8M5.2M15.3M977.4K2.9M2.8M
Common Stock Shares Outstanding36.7K740K3.0M5.6M11.1M11.7M
Liabilities And Stockholders Equity10.7M53.4M57.2M20.1M64.7M67.9M
Other Stockholder Equity3.5M5.1M17.8M5.4M91.9M96.5M
Total Liab18.4M53.2M41.9M12.9M46.3M48.7M
Total Current Assets4.8M12.2M31.6M10.1M22.2M23.4M
Accumulated Other Comprehensive Income(1.3M)(2.3M)(2.3M)(333.9K)(132.1K)(138.7K)
Common Stock29.6M69.4M122.7M43.4M50.0M30.8M
Accounts Payable3.9M12.5M10.4M8.0M23.5M24.7M
Short Long Term Debt Total13.6M20.3M11.5M3.5M15.8M10.2M
Short Term Debt942.9K9.0M2.1M1.1M5.6M3.0M
Other Current Liab562.3K19.8M17.4M260K5.1M8.7M
Property Plant And Equipment Net85.3K959.9K960.8K5.4M4.6M4.9M
Non Current Assets Total5.9M41.2M25.6M10.0M42.5M22.8M
Net Receivables1.2M3.8M8.6M8.3M16.5M17.3M
Good Will651.4K18.8M15.6M15.2M16.3M11.8M
Non Current Liabilities Total12.9M11.3M9.4M2.4M10.2M7.7M
Other Current Assets698.8K2.7M4.1M312.9K2.8M1.7M
Intangible Assets3.7M19.4M5.1M4.6M18.6M9.4M
Current Deferred Revenue31.7K553.4K2.6M1.1M1.9M1.2M
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 GameSquare Holdings 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, GameSquare Holdings' short interest history, or implied volatility extrapolated from GameSquare Holdings options trading.

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When determining whether GameSquare Holdings is a strong investment it is important to analyze GameSquare Holdings' 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 GameSquare Holdings' future performance. For an informed investment choice regarding GameSquare 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 GameSquare Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade GameSquare Stock refer to our How to Trade GameSquare Stock guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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Is GameSquare Holdings' 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 GameSquare Holdings. If investors know GameSquare 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 GameSquare Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(6.88)
Revenue Per Share
0.152
Quarterly Revenue Growth
0.583
The market value of GameSquare Holdings is measured differently than its book value, which is the value of GameSquare that is recorded on the company's balance sheet. Investors also form their own opinion of GameSquare Holdings' value that differs from its market value or its book value, called intrinsic value, which is GameSquare Holdings' 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 GameSquare Holdings' market value can be influenced by many factors that don't directly affect GameSquare Holdings' 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 GameSquare Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if GameSquare Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GameSquare Holdings' 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.