Corsair Common Stock vs Inventory Analysis

CRSR Stock

USD 11.45 0.27 2.30%

Corsair Gaming financial indicator trend analysis is way more than just evaluating Corsair Gaming prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Corsair Gaming is a good investment. Please check the relationship between Corsair Gaming Common Stock and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corsair Gaming. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

To learn how to invest in Corsair Stock, please use our How to Invest in Corsair Gaming guide.

Common Stock vs Inventory

Common Stock vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Corsair Gaming Common Stock account and Inventory. At this time, the significance of the direction appears to have strong relationship.

The correlation between Corsair Gaming's Common Stock and Inventory is 0.68. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Inventory in the same time period over historical financial statements of Corsair Gaming, assuming nothing else is changed. The correlation between historical values of Corsair Gaming's Common Stock and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Corsair Gaming are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Common Stock i.e., Corsair Gaming's Common Stock and Inventory go up and down completely randomly.

Correlation Coefficient

0.68

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Common Stock

Inventory

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

To learn how to invest in Corsair Stock, please use our How to Invest in Corsair Gaming guide.At this time, Corsair Gaming's Selling General Administrative is relatively stable compared to the past year. As of 06/05/2024, Enterprise Value Over EBITDA is likely to grow to 26.36, while Issuance Of Capital Stock is likely to drop 0.00.

	2021	2022	2023	2024 (projected)
Gross Profit	513.9M	296.6M	327.6M	370.4M
Total Revenue	1.9B	1.4B	1.5B	1.6B

Gross Profit Total Revenue

Corsair Gaming fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Good Will
Other Current Liab		0.98	0.57	0.18	0.11	0.94	0.73	0.99	0.94	0.97	0.91	0.98	0.62	0.57	0.96	-0.7	0.88	0.48	-0.26	-0.75	0.82	0.91	0.71	-0.68	0.82	0.91
Total Current Liabilities	0.98		0.62	0.12	0.04	0.98	0.66	0.99	0.95	0.96	0.92	0.98	0.66	0.57	0.95	-0.71	0.86	0.52	-0.3	-0.76	0.83	0.88	0.61	-0.68	0.83	0.89
Other Liab	0.57	0.62		-0.49	-0.51	0.65	0.33	0.67	0.61	0.62	0.61	0.58	0.92	0.37	0.53	-0.25	0.41	0.31	-0.14	-0.35	0.42	0.57	0.24	-0.21	0.42	0.56
Net Tangible Assets	0.18	0.12	-0.49		0.91	0.04	0.09	0.11	0.21	0.16	0.16	0.25	-0.17	0.47	0.33	-0.69	0.49	0.49	0.31	-0.59	0.39	0.23	0.25	-0.71	0.39	0.26
Retained Earnings	0.11	0.04	-0.51	0.91		-0.03	0.26	0.05	0.16	0.06	-0.03	0.14	-0.21	0.17	0.2	-0.52	0.34	0.21	0.24	-0.37	0.16	0.05	0.36	-0.56	0.16	0.08
Accounts Payable	0.94	0.98	0.65	0.04	-0.03		0.59	0.95	0.91	0.9	0.86	0.94	0.65	0.52	0.9	-0.66	0.79	0.5	-0.4	-0.72	0.79	0.82	0.5	-0.61	0.79	0.83
Other Assets	0.73	0.66	0.33	0.09	0.26	0.59		0.69	0.74	0.72	0.53	0.65	0.35	0.02	0.58	-0.38	0.54	-0.11	-0.21	-0.29	0.3	0.48	0.96	-0.41	0.3	0.44
Net Receivables	0.99	0.99	0.67	0.11	0.05	0.95	0.69		0.96	0.97	0.93	0.98	0.72	0.6	0.96	-0.71	0.88	0.53	-0.22	-0.76	0.82	0.91	0.66	-0.68	0.82	0.91
Inventory	0.94	0.95	0.61	0.21	0.16	0.91	0.74	0.96		0.97	0.9	0.96	0.68	0.58	0.93	-0.77	0.89	0.53	-0.06	-0.76	0.75	0.84	0.7	-0.76	0.75	0.85
Other Current Assets	0.97	0.96	0.62	0.16	0.06	0.9	0.72	0.97	0.97		0.96	0.98	0.68	0.64	0.95	-0.74	0.91	0.54	-0.07	-0.77	0.81	0.91	0.72	-0.73	0.81	0.91
Other Stockholder Equity	0.91	0.92	0.61	0.16	-0.03	0.86	0.53	0.93	0.9	0.96		0.96	0.69	0.75	0.93	-0.76	0.93	0.65	-0.02	-0.81	0.9	0.92	0.57	-0.74	0.9	0.94
Total Current Assets	0.98	0.98	0.58	0.25	0.14	0.94	0.65	0.98	0.96	0.98	0.96		0.68	0.68	0.98	-0.8	0.94	0.6	-0.15	-0.84	0.88	0.91	0.65	-0.78	0.88	0.93
Common Stock	0.62	0.66	0.92	-0.17	-0.21	0.65	0.35	0.72	0.68	0.68	0.69	0.68		0.56	0.64	-0.51	0.61	0.48	-0.01	-0.56	0.6	0.64	0.33	-0.48	0.6	0.65
Property Plant Equipment	0.57	0.57	0.37	0.47	0.17	0.52	0.02	0.6	0.58	0.64	0.75	0.68	0.56		0.76	-0.82	0.82	0.95	0.34	-0.91	0.85	0.79	0.16	-0.79	0.85	0.83
Total Assets	0.96	0.95	0.53	0.33	0.2	0.9	0.58	0.96	0.93	0.95	0.93	0.98	0.64	0.76		-0.82	0.95	0.69	-0.08	-0.88	0.9	0.96	0.6	-0.79	0.9	0.97
Short Long Term Debt Total	-0.7	-0.71	-0.25	-0.69	-0.52	-0.66	-0.38	-0.71	-0.77	-0.74	-0.76	-0.8	-0.51	-0.82	-0.82		-0.92	-0.79	-0.12	0.97	-0.85	-0.71	-0.47	0.99	-0.85	-0.75
Total Stockholder Equity	0.88	0.86	0.41	0.49	0.34	0.79	0.54	0.88	0.89	0.91	0.93	0.94	0.61	0.82	0.95	-0.92		0.73	0.09	-0.93	0.92	0.89	0.62	-0.91	0.92	0.93
Property Plant And Equipment Net	0.48	0.52	0.31	0.49	0.21	0.5	-0.11	0.53	0.53	0.54	0.65	0.6	0.48	0.95	0.69	-0.79	0.73		0.35	-0.87	0.76	0.71	-0.02	-0.75	0.76	0.75
Current Deferred Revenue	-0.26	-0.3	-0.14	0.31	0.24	-0.4	-0.21	-0.22	-0.06	-0.07	-0.02	-0.15	-0.01	0.34	-0.08	-0.12	0.09	0.35		-0.07	-0.11	0.02	-0.06	-0.19	-0.11	0.04
Net Debt	-0.75	-0.76	-0.35	-0.59	-0.37	-0.72	-0.29	-0.76	-0.76	-0.77	-0.81	-0.84	-0.56	-0.91	-0.88	0.97	-0.93	-0.87	-0.07		-0.92	-0.82	-0.38	0.93	-0.92	-0.85
Cash	0.82	0.83	0.42	0.39	0.16	0.79	0.3	0.82	0.75	0.81	0.9	0.88	0.6	0.85	0.9	-0.85	0.92	0.76	-0.11	-0.92		0.86	0.38	-0.82	1.0	0.9
Non Current Assets Total	0.91	0.88	0.57	0.23	0.05	0.82	0.48	0.91	0.84	0.91	0.92	0.91	0.64	0.79	0.96	-0.71	0.89	0.71	0.02	-0.82	0.86		0.53	-0.67	0.86	0.99
Non Currrent Assets Other	0.71	0.61	0.24	0.25	0.36	0.5	0.96	0.66	0.7	0.72	0.57	0.65	0.33	0.16	0.6	-0.47	0.62	-0.02	-0.06	-0.38	0.38	0.53		-0.51	0.38	0.5
Long Term Debt	-0.68	-0.68	-0.21	-0.71	-0.56	-0.61	-0.41	-0.68	-0.76	-0.73	-0.74	-0.78	-0.48	-0.79	-0.79	0.99	-0.91	-0.75	-0.19	0.93	-0.82	-0.67	-0.51		-0.82	-0.72
Cash And Short Term Investments	0.82	0.83	0.42	0.39	0.16	0.79	0.3	0.82	0.75	0.81	0.9	0.88	0.6	0.85	0.9	-0.85	0.92	0.76	-0.11	-0.92	1.0	0.86	0.38	-0.82		0.9
Good Will	0.91	0.89	0.56	0.26	0.08	0.83	0.44	0.91	0.85	0.91	0.94	0.93	0.65	0.83	0.97	-0.75	0.93	0.75	0.04	-0.85	0.9	0.99	0.5	-0.72	0.9

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Corsair Gaming Account Relationship Matchups

Corsair Gaming fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	111.3M	205.7M	199.2M	158.2M	149.2M	122.4M
Total Current Liabilities	299.9M	505.4M	446.7M	343.0M	418.5M	347.2M
Other Liab	39.6M	32.4M	25.7M	21.2M	24.4M	30.9M
Net Tangible Assets	(387.0M)	(134.7M)	25.4M	59.8M	68.8M	72.3M
Retained Earnings	(106.0M)	(2.8M)	98.1M	37.2M	40.4M	42.4M
Accounts Payable	182.0M	299.6M	236.1M	172.0M	240.0M	208.1M
Other Assets	10.8M	34.6M	72.0M	30.3M	1.0	0.95
Net Receivables	202.3M	293.6M	291.3M	235.7M	253.3M	220.0M
Inventory	151.1M	226.0M	298.3M	192.7M	240.2M	201.3M
Other Current Assets	24.7M	38.0M	51.0M	40.6M	39.8M	29.6M
Other Stockholder Equity	325.0M	438.7M	470.4M	593.5M	630.6M	373.8M
Total Current Assets	429.8M	691.0M	705.8M	622.8M	711.6M	545.3M
Property Plant Equipment	15.4M	16.5M	16.8M	80.1M	92.1M	96.7M
Total Assets	1.1B	1.3B	1.3B	1.3B	1.4B	1.3B
Short Long Term Debt Total	505.8M	339.0M	308.3M	295.2M	246.5M	282.3M
Total Stockholder Equity	216.8M	437.4M	568.2M	623.8M	667.6M	490.7M
Property Plant And Equipment Net	15.4M	16.5M	16.8M	34.9M	68.5M	72.0M
Current Deferred Revenue	4.2M	(9.1M)	6.7M	6.3M	7.4M	7.8M
Net Debt	457.6M	205.6M	243.1M	141.3M	70.9M	67.3M
Cash	48.2M	133.3M	65.1M	153.8M	175.6M	110.3M
Non Current Assets Total	629.9M	623.1M	631.6M	674.5M	645.9M	678.3M
Non Currrent Assets Other	10.8M	29.6M	72.0M	51.7M	6.6M	6.3M
Long Term Debt	503.4M	321.4M	242.9M	232.2M	186.0M	250.7M
Cash And Short Term Investments	48.2M	133.3M	65.1M	153.8M	175.6M	110.3M
Good Will	312.8M	312.8M	317.1M	347.7M	354.7M	343.1M
Liabilities And Stockholders Equity	1.1B	1.3B	1.3B	1.3B	1.4B	1.3B
Non Current Liabilities Total	543.0M	371.3M	322.5M	298.8M	245.0M	294.6M
Total Liab	842.9M	876.7M	769.2M	641.8M	663.5M	592.3M
Net Invested Capital	722.6M	758.8M	815.8M	862.5M	865.8M	845.3M
Property Plant And Equipment Gross	15.4M	16.5M	16.8M	112.6M	104.2M	109.4M
Accumulated Other Comprehensive Income	(2.2M)	1.5M	(340K)	(6.9M)	(3.5M)	(3.7M)
Non Current Liabilities Other	5.7M	20.2M	53.9M	48.6M	3.0M	2.9M
Net Working Capital	129.9M	185.6M	259.0M	279.8M	293.1M	228.2M
Short Term Debt	2.4M	9.1M	4.8M	6.5M	21.9M	23.0M

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Corsair Common Stock vs Inventory Analysis

Common Stock vs Inventory

Common Stock vs Inventory Correlation Analysis

Correlation Coefficient

Common Stock

Inventory

Corsair Gaming fundamental ratios Correlations

Corsair Gaming Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Corsair Gaming fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Tools for Corsair Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Net Receivables	+ 0.99	Other Current Liab
Net Receivables	+ 0.99	Total Current Liabilities
Long Term Debt	+ 0.99	Short Long Term Debt Total
Good Will	+ 0.99	Non Current Assets Total
Total Current Liabilities	+ 0.98	Other Current Liab

Net Debt	- 0.93	Total Stockholder Equity
Cash And Short Term Investments	- 0.92	Net Debt
Cash	- 0.92	Net Debt
Total Stockholder Equity	- 0.92	Short Long Term Debt Total
Long Term Debt	- 0.91	Total Stockholder Equity
Net Debt	- 0.91	Property Plant Equipment