GameSquare Total Current Liabilities vs Net Tangible Assets 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 Current Liabilities and its Net Tangible Assets 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 Current Liabilities vs Net Tangible Assets

Total Current Liabilities vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GameSquare Holdings Total Current Liabilities account and Net Tangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between GameSquare Holdings' Total Current Liabilities and Net Tangible Assets is -0.88. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Tangible Assets 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 Current Liabilities and Net Tangible Assets 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 Current Liabilities of GameSquare Holdings are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Current Liabilities i.e., GameSquare Holdings' Total Current Liabilities and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.88
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on GameSquare Holdings balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of GameSquare Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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

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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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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