Sharplink Net Debt from 2010 to 2024
| SBET Stock | USD 1.01 0.09 8.18% |
Net Debt | First Reported 2002-03-31 | Previous Quarter -32.7 M | Current Value -4 M | Quarterly Volatility 5.5 M |
Check Sharplink Gaming financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sharplink main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Interest Expense of 1.6 M or Selling General Administrative of 14.9 M, as well as many exotic indicators such as Price To Sales Ratio of 0.9, Dividend Yield of 0.0844 or PTB Ratio of 2.21. Sharplink financial statements analysis is a perfect complement when working with Sharplink Gaming Valuation or Volatility modules.
Sharplink | Net Debt |
Latest Sharplink Gaming's Net Debt Growth Pattern
Below is the plot of the Net Debt of Sharplink Gaming over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Sharplink Gaming's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sharplink Gaming's overall financial position and show how it may be relating to other accounts over time.
| Net Debt | 10 Years Trend |
|
Net Debt |
| Timeline |
Sharplink Net Debt Regression Statistics
| Arithmetic Mean | (8,839,419) | |
| Coefficient Of Variation | (117.94) | |
| Mean Deviation | 7,883,575 | |
| Median | (4,190,000) | |
| Standard Deviation | 10,424,874 | |
| Sample Variance | 108.7T | |
| Range | 29.9M | |
| R-Value | (0.61) | |
| Mean Square Error | 73.9T | |
| R-Squared | 0.37 | |
| Significance | 0.02 | |
| Slope | (1,415,984) | |
| Total Sum of Squares | 1521.5T |
Sharplink Net Debt History
Other Fundumenentals of Sharplink Gaming
Sharplink Gaming Net Debt component correlations
Click cells to compare fundamentals
About Sharplink Gaming Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Sharplink Gaming income statement, its balance sheet, and the statement of cash flows. Sharplink Gaming investors use historical funamental indicators, such as Sharplink Gaming's Net Debt, to determine how well the company is positioned to perform in the future. Although Sharplink Gaming investors may use each financial statement separately, they are all related. The changes in Sharplink Gaming's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Sharplink Gaming's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Sharplink Gaming Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Sharplink Gaming. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Debt | -27.9 M | -26.5 M | |
| Net Debt To EBITDA | 3.01 | 3.16 |
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
| 0.72 | EXPE | Expedia Group | PairCorr |
| 0.7 | WYNN | Wynn Resorts Limited | PairCorr |
Moving against Sharplink Stock
| 0.74 | WING | Wingstop | PairCorr |
| 0.57 | RCL | Royal Caribbean Cruises Earnings Call This Week | PairCorr |
| 0.43 | AGS | PlayAGS | PairCorr |
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.Check out the analysis of Sharplink Gaming Correlation against competitors. For more information on how to buy Sharplink Stock please use our How to Invest in Sharplink Gaming guide.Note that the Sharplink Gaming information on this page should be used as a complementary analysis to other Sharplink Gaming'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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary 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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Is Sharplink Gaming'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 Sharplink Gaming. If investors know Sharplink 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 Sharplink Gaming listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.90) | Revenue Per Share 4.43 | Quarterly Revenue Growth (0.71) | Return On Assets (0.17) | Return On Equity (7.60) |
The market value of Sharplink Gaming is measured differently than its book value, which is the value of Sharplink that is recorded on the company's balance sheet. Investors also form their own opinion of Sharplink Gaming's value that differs from its market value or its book value, called intrinsic value, which is Sharplink Gaming'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 Sharplink Gaming's market value can be influenced by many factors that don't directly affect Sharplink Gaming'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 Sharplink Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sharplink Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sharplink Gaming'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.