Sharplink Short Long Term Debt Total vs Non Current Liabilities Total Analysis

SBET Stock

USD 0.83 0.09 9.78%

Sharplink Gaming financial indicator trend analysis is much more than just breaking down Sharplink Gaming prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sharplink Gaming is a good investment. Please check the relationship between Sharplink Gaming Short Long Term Debt Total and its Non Current Liabilities Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sharplink Gaming. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

For more information on how to buy Sharplink Stock please use our How to Invest in Sharplink Gaming guide.

Short Long Term Debt Total vs Non Current Liabilities Total

Short Long Term Debt Total vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sharplink Gaming Short Long Term Debt Total account and Non Current Liabilities Total. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Sharplink Gaming's Short Long Term Debt Total and Non Current Liabilities Total is 0.49. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Sharplink Gaming, assuming nothing else is changed. The correlation between historical values of Sharplink Gaming's Short Long Term Debt Total and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Sharplink Gaming are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Short Long Term Debt Total i.e., Sharplink Gaming's Short Long Term Debt Total and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.49

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Short Long Term Debt Total

Non Current Liabilities Total

Most indicators from Sharplink Gaming's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sharplink Gaming 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sharplink Gaming. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

For more information on how to buy Sharplink Stock please use our How to Invest in Sharplink Gaming guide.At this time, Sharplink Gaming's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 54.6 K in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	26.2M	137.5K	1.2M	1.6M
Depreciation And Amortization	299.2K	1.5M	1.7M	1.8M

Interest Expense Depreciation And Amortization

Sharplink Gaming fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Current Assets	Good Will
Total Assets		0.98	0.96	0.99	-0.07	0.98	-0.97	-0.82	0.51	0.99	0.47	0.98	0.99	-0.06	0.92	-0.09	0.56	0.99	0.89	0.99	0.99	0.98	0.59	0.89	0.54	0.62
Short Long Term Debt Total	0.98		0.95	1.0	-0.22	1.0	-0.96	-0.81	0.45	0.99	0.34	1.0	0.99	-0.16	0.94	-0.16	0.49	1.0	0.86	0.99	0.99	1.0	0.45	0.88	0.57	0.52
Other Current Liab	0.96	0.95		0.97	-0.19	0.95	-0.89	-0.89	0.61	0.93	0.49	0.95	0.93	0.03	0.91	-0.3	0.55	0.95	0.93	0.97	0.95	0.95	0.53	0.86	0.63	0.63
Total Current Liabilities	0.99	1.0	0.97		-0.22	1.0	-0.96	-0.82	0.51	0.99	0.38	1.0	0.98	-0.09	0.93	-0.18	0.52	1.0	0.87	1.0	0.99	1.0	0.47	0.88	0.58	0.56
Total Stockholder Equity	-0.07	-0.22	-0.19	-0.22		-0.21	0.04	0.09	-0.23	-0.1	0.33	-0.21	-0.08	-0.01	-0.19	0.61	-0.16	-0.18	0.04	-0.22	-0.12	-0.22	0.54	0.01	-0.33	0.1
Current Deferred Revenue	0.98	1.0	0.95	1.0	-0.21		-0.96	-0.81	0.46	0.99	0.35	1.0	0.99	-0.15	0.93	-0.16	0.49	1.0	0.86	0.99	0.99	1.0	0.46	0.88	0.57	0.53
Net Debt	-0.97	-0.96	-0.89	-0.96	0.04	-0.96		0.79	-0.37	-0.98	-0.43	-0.96	-0.98	0.2	-0.89	0.01	-0.44	-0.97	-0.84	-0.95	-0.97	-0.96	-0.54	-0.87	-0.46	-0.57
Retained Earnings	-0.82	-0.81	-0.89	-0.82	0.09	-0.81	0.79		-0.45	-0.79	-0.56	-0.81	-0.79	0.1	-0.89	0.38	-0.35	-0.83	-0.97	-0.82	-0.8	-0.81	-0.61	-0.87	-0.61	-0.56
Accounts Payable	0.51	0.45	0.61	0.51	-0.23	0.46	-0.37	-0.45		0.41	0.49	0.45	0.41	0.79	0.42	-0.2	0.66	0.45	0.45	0.54	0.48	0.46	0.37	0.36	0.38	0.59
Cash	0.99	0.99	0.93	0.99	-0.1	0.99	-0.98	-0.79	0.41		0.37	0.99	1.0	-0.18	0.92	-0.07	0.46	0.99	0.86	0.98	1.0	0.99	0.51	0.89	0.52	0.53
Non Current Assets Total	0.47	0.34	0.49	0.38	0.33	0.35	-0.43	-0.56	0.49	0.37		0.34	0.37	0.3	0.35	-0.07	0.65	0.36	0.54	0.41	0.39	0.34	0.84	0.42	0.13	0.9
Non Currrent Assets Other	0.98	1.0	0.95	1.0	-0.21	1.0	-0.96	-0.81	0.45	0.99	0.34		0.99	-0.16	0.94	-0.15	0.49	1.0	0.86	0.99	0.99	1.0	0.46	0.88	0.57	0.52
Cash And Short Term Investments	0.99	0.99	0.93	0.98	-0.08	0.99	-0.98	-0.79	0.41	1.0	0.37	0.99		-0.18	0.92	-0.05	0.46	0.99	0.86	0.98	1.0	0.99	0.51	0.89	0.51	0.53
Net Receivables	-0.06	-0.16	0.03	-0.09	-0.01	-0.15	0.2	0.1	0.79	-0.18	0.3	-0.16	-0.18		-0.19	0.04	0.42	-0.16	-0.11	-0.06	-0.11	-0.15	0.12	-0.21	-0.01	0.31
Common Stock Shares Outstanding	0.92	0.94	0.91	0.93	-0.19	0.93	-0.89	-0.89	0.42	0.92	0.35	0.94	0.92	-0.19		-0.27	0.44	0.95	0.91	0.93	0.93	0.94	0.55	0.97	0.54	0.42
Short Term Investments	-0.09	-0.16	-0.3	-0.18	0.61	-0.16	0.01	0.38	-0.2	-0.07	-0.07	-0.15	-0.05	0.04	-0.27		-0.19	-0.15	-0.25	-0.18	-0.08	-0.16	0.07	-0.2	-0.19	-0.03
Non Current Liabilities Total	0.56	0.49	0.55	0.52	-0.16	0.49	-0.44	-0.35	0.66	0.46	0.65	0.49	0.46	0.42	0.44	-0.19		0.48	0.38	0.57	0.5	0.49	0.54	0.37	0.2	0.74
Inventory	0.99	1.0	0.95	1.0	-0.18	1.0	-0.97	-0.83	0.45	0.99	0.36	1.0	0.99	-0.16	0.95	-0.15	0.48		0.88	0.99	1.0	1.0	0.49	0.9	0.57	0.52
Other Stockholder Equity	0.89	0.86	0.93	0.87	0.04	0.86	-0.84	-0.97	0.45	0.86	0.54	0.86	0.86	-0.11	0.91	-0.25	0.38	0.88		0.86	0.87	0.86	0.67	0.91	0.6	0.57
Total Liab	0.99	0.99	0.97	1.0	-0.22	0.99	-0.95	-0.82	0.54	0.98	0.41	0.99	0.98	-0.06	0.93	-0.18	0.57	0.99	0.86		0.99	0.99	0.49	0.87	0.58	0.59
Total Current Assets	0.99	0.99	0.95	0.99	-0.12	0.99	-0.97	-0.8	0.48	1.0	0.39	0.99	1.0	-0.11	0.93	-0.08	0.5	1.0	0.87	0.99		0.99	0.51	0.89	0.55	0.56
Short Term Debt	0.98	1.0	0.95	1.0	-0.22	1.0	-0.96	-0.81	0.46	0.99	0.34	1.0	0.99	-0.15	0.94	-0.16	0.49	1.0	0.86	0.99	0.99		0.45	0.88	0.58	0.52
Intangible Assets	0.59	0.45	0.53	0.47	0.54	0.46	-0.54	-0.61	0.37	0.51	0.84	0.46	0.51	0.12	0.55	0.07	0.54	0.49	0.67	0.49	0.51	0.45		0.67	0.06	0.65
Common Stock	0.89	0.88	0.86	0.88	0.01	0.88	-0.87	-0.87	0.36	0.89	0.42	0.88	0.89	-0.21	0.97	-0.2	0.37	0.9	0.91	0.87	0.89	0.88	0.67		0.44	0.4
Other Current Assets	0.54	0.57	0.63	0.58	-0.33	0.57	-0.46	-0.61	0.38	0.52	0.13	0.57	0.51	-0.01	0.54	-0.19	0.2	0.57	0.6	0.58	0.55	0.58	0.06	0.44		0.34
Good Will	0.62	0.52	0.63	0.56	0.1	0.53	-0.57	-0.56	0.59	0.53	0.9	0.52	0.53	0.31	0.42	-0.03	0.74	0.52	0.57	0.59	0.56	0.52	0.65	0.4	0.34

Click cells to compare fundamentals

Sharplink Gaming Account Relationship Matchups

Sharplink Gaming fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.0M	4.4M	20.6M	65.0M	74.8M	78.5M
Other Current Liab	2.7M	1.1M	3.8M	7.3M	8.4M	8.8M
Total Current Liabilities	3.9M	1.5M	5.9M	58.9M	67.7M	71.1M
Total Stockholder Equity	3.1M	1.4M	14.2M	3.0M	2.7M	4.7M
Current Deferred Revenue	962K	406.5K	1.2M	44.3M	51.0M	53.5M
Net Debt	(3.0M)	(2.4M)	(6.6M)	(31.0M)	(27.9M)	(26.5M)
Retained Earnings	(27.5M)	(2.7M)	(58.3M)	(73.6M)	(66.2M)	(62.9M)
Accounts Payable	149K	114K	813.6K	2.1M	2.4M	2.6M
Cash	3.2M	2.6M	6.8M	39.3M	45.2M	47.5M
Non Current Assets Total	3.9M	1.2M	11.1M	11.1M	10.0M	5.1M
Non Currrent Assets Other	3.1M	(1.2M)	284K	260.2B	299.3B	314.2B
Cash And Short Term Investments	3.2M	2.6M	6.8M	39.3M	45.2M	47.5M
Net Receivables	526K	631.2K	1.2M	1.0M	938.4K	1.4M
Common Stock Shares Outstanding	879.5K	1.1M	1.4M	2.5M	2.9M	3.0M
Liabilities And Stockholders Equity	8.0M	4.4M	20.6M	65.0M	74.8M	78.5M
Non Current Liabilities Total	994.0K	1.5M	507.8K	3.1M	3.6M	3.8M
Other Stockholder Equity	31.2M	2.5M	72.1M	76.0M	87.4M	91.8M
Total Liab	4.9M	3.1M	6.4M	62.1M	71.4M	74.9M
Total Current Assets	4.1M	3.2M	9.5M	53.9M	62.0M	65.1M
Accumulated Other Comprehensive Income	(631K)	(5.3K)	0.0	1.0	1.15	1.21
Intangible Assets	429.1K	608.6K	6.0M	3.7M	3.4M	3.5M
Common Stock	30K	215.0K	447.3K	537.7K	618.4K	649.3K
Other Current Assets	381.0K	4.6K	466.6K	1.1M	1.3M	1.3M
Good Will	3.2M	381K	4.4M	6.9M	8.0M	4.2M
Property Plant And Equipment Net	62K	210.3K	237.6K	290.9K	334.5K	177.3K

Pair Trading with Sharplink Gaming

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 Sharplink Gaming 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 Sharplink Gaming will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sharplink Stock

0.62

DNUT

Krispy Kreme

Pair Corr

Moving against Sharplink Stock

0.81	EM	Smart Share Global	Pair Corr
0.69	CDROW	Codere Online Luxembourg	Pair Corr
0.56	BDL	Flanigans Enterprises	Pair Corr
0.55	HRB	HR Block Fiscal Year End 20th of August 2024	Pair Corr
0.5	ARKR	Ark Restaurants Corp	Pair Corr

The ability to find closely correlated positions to Sharplink Gaming could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sharplink Gaming 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 Sharplink Gaming - 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 Sharplink Gaming to buy it.

The correlation of Sharplink Gaming is a statistical measure of how it moves in relation to other instruments. 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 Sharplink Gaming moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sharplink Gaming 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 Sharplink Gaming 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 Correlation Correlation Matching

Additional Tools for Sharplink Stock Analysis

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

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