Corsair Free Cash Flow Yield vs Cash Ratio Analysis

CRSR Stock  USD 11.59  0.01  0.09%   
Corsair GamingInc financial indicator trend analysis is way more than just evaluating Corsair GamingInc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Corsair GamingInc is a good investment. Please check the relationship between Corsair GamingInc Free Cash Flow Yield and its Cash Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corsair GamingInc. 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 GamingInc guide.

Free Cash Flow Yield vs Cash Ratio

Free Cash Flow Yield vs Cash Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Corsair GamingInc Free Cash Flow Yield account and Cash Ratio. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Corsair GamingInc's Free Cash Flow Yield and Cash Ratio is 0.9. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Cash Ratio in the same time period over historical financial statements of Corsair GamingInc, assuming nothing else is changed. The correlation between historical values of Corsair GamingInc's Free Cash Flow Yield and Cash Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Corsair GamingInc are associated (or correlated) with its Cash Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Ratio has no effect on the direction of Free Cash Flow Yield i.e., Corsair GamingInc's Free Cash Flow Yield and Cash Ratio go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Cash Ratio

Most indicators from Corsair GamingInc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Corsair GamingInc 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 GamingInc. 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 GamingInc guide.At this time, Corsair GamingInc's Selling General Administrative is relatively stable compared to the past year. As of 05/31/2024, 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 Profit513.9M296.6M327.6M370.4M
Total Revenue1.9B1.4B1.5B1.6B

Corsair GamingInc fundamental ratios Correlations

0.980.570.180.110.940.730.990.940.970.910.980.620.570.96-0.70.880.48-0.26-0.750.820.910.71-0.680.820.91
0.980.620.120.040.980.660.990.950.960.920.980.660.570.95-0.710.860.52-0.3-0.760.830.880.61-0.680.830.89
0.570.62-0.49-0.510.650.330.670.610.620.610.580.920.370.53-0.250.410.31-0.14-0.350.420.570.24-0.210.420.56
0.180.12-0.490.910.040.090.110.210.160.160.25-0.170.470.33-0.690.490.490.31-0.590.390.230.25-0.710.390.26
0.110.04-0.510.91-0.030.260.050.160.06-0.030.14-0.210.170.2-0.520.340.210.24-0.370.160.050.36-0.560.160.08
0.940.980.650.04-0.030.590.950.910.90.860.940.650.520.9-0.660.790.5-0.4-0.720.790.820.5-0.610.790.83
0.730.660.330.090.260.590.690.740.720.530.650.350.020.58-0.380.54-0.11-0.21-0.290.30.480.96-0.410.30.44
0.990.990.670.110.050.950.690.960.970.930.980.720.60.96-0.710.880.53-0.22-0.760.820.910.66-0.680.820.91
0.940.950.610.210.160.910.740.960.970.90.960.680.580.93-0.770.890.53-0.06-0.760.750.840.7-0.760.750.85
0.970.960.620.160.060.90.720.970.970.960.980.680.640.95-0.740.910.54-0.07-0.770.810.910.72-0.730.810.91
0.910.920.610.16-0.030.860.530.930.90.960.960.690.750.93-0.760.930.65-0.02-0.810.90.920.57-0.740.90.94
0.980.980.580.250.140.940.650.980.960.980.960.680.680.98-0.80.940.6-0.15-0.840.880.910.65-0.780.880.93
0.620.660.92-0.17-0.210.650.350.720.680.680.690.680.560.64-0.510.610.48-0.01-0.560.60.640.33-0.480.60.65
0.570.570.370.470.170.520.020.60.580.640.750.680.560.76-0.820.820.950.34-0.910.850.790.16-0.790.850.83
0.960.950.530.330.20.90.580.960.930.950.930.980.640.76-0.820.950.69-0.08-0.880.90.960.6-0.790.90.97
-0.7-0.71-0.25-0.69-0.52-0.66-0.38-0.71-0.77-0.74-0.76-0.8-0.51-0.82-0.82-0.92-0.79-0.120.97-0.85-0.71-0.470.99-0.85-0.75
0.880.860.410.490.340.790.540.880.890.910.930.940.610.820.95-0.920.730.09-0.930.920.890.62-0.910.920.93
0.480.520.310.490.210.5-0.110.530.530.540.650.60.480.950.69-0.790.730.35-0.870.760.71-0.02-0.750.760.75
-0.26-0.3-0.140.310.24-0.4-0.21-0.22-0.06-0.07-0.02-0.15-0.010.34-0.08-0.120.090.35-0.07-0.110.02-0.06-0.19-0.110.04
-0.75-0.76-0.35-0.59-0.37-0.72-0.29-0.76-0.76-0.77-0.81-0.84-0.56-0.91-0.880.97-0.93-0.87-0.07-0.92-0.82-0.380.93-0.92-0.85
0.820.830.420.390.160.790.30.820.750.810.90.880.60.850.9-0.850.920.76-0.11-0.920.860.38-0.821.00.9
0.910.880.570.230.050.820.480.910.840.910.920.910.640.790.96-0.710.890.710.02-0.820.860.53-0.670.860.99
0.710.610.240.250.360.50.960.660.70.720.570.650.330.160.6-0.470.62-0.02-0.06-0.380.380.53-0.510.380.5
-0.68-0.68-0.21-0.71-0.56-0.61-0.41-0.68-0.76-0.73-0.74-0.78-0.48-0.79-0.790.99-0.91-0.75-0.190.93-0.82-0.67-0.51-0.82-0.72
0.820.830.420.390.160.790.30.820.750.810.90.880.60.850.9-0.850.920.76-0.11-0.921.00.860.38-0.820.9
0.910.890.560.260.080.830.440.910.850.910.940.930.650.830.97-0.750.930.750.04-0.850.90.990.5-0.720.9
Click cells to compare fundamentals

Corsair GamingInc Account Relationship Matchups

Corsair GamingInc fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab111.3M205.7M199.2M158.2M149.2M122.4M
Total Current Liabilities299.9M505.4M446.7M343.0M418.5M347.2M
Other Liab39.6M32.4M25.7M21.2M24.4M30.9M
Net Tangible Assets(387.0M)(134.7M)25.4M59.8M68.8M72.3M
Retained Earnings(106.0M)(2.8M)98.1M37.2M40.4M42.4M
Accounts Payable182.0M299.6M236.1M172.0M240.0M208.1M
Other Assets10.8M34.6M72.0M30.3M1.00.95
Net Receivables202.3M293.6M291.3M235.7M253.3M220.0M
Inventory151.1M226.0M298.3M192.7M240.2M201.3M
Other Current Assets24.7M38.0M51.0M40.6M39.8M29.6M
Other Stockholder Equity325.0M438.7M470.4M593.5M630.6M373.8M
Total Current Assets429.8M691.0M705.8M622.8M711.6M545.3M
Property Plant Equipment15.4M16.5M16.8M80.1M92.1M96.7M
Total Assets1.1B1.3B1.3B1.3B1.4B1.3B
Short Long Term Debt Total505.8M339.0M308.3M295.2M246.5M282.3M
Total Stockholder Equity216.8M437.4M568.2M623.8M667.6M490.7M
Property Plant And Equipment Net15.4M16.5M16.8M34.9M68.5M72.0M
Current Deferred Revenue4.2M(9.1M)6.7M6.3M7.4M7.8M
Net Debt457.6M205.6M243.1M141.3M70.9M67.3M
Cash48.2M133.3M65.1M153.8M175.6M110.3M
Non Current Assets Total629.9M623.1M631.6M674.5M645.9M678.3M
Non Currrent Assets Other10.8M29.6M72.0M51.7M6.6M6.3M
Long Term Debt503.4M321.4M242.9M232.2M186.0M250.7M
Cash And Short Term Investments48.2M133.3M65.1M153.8M175.6M110.3M
Good Will312.8M312.8M317.1M347.7M354.7M343.1M
Liabilities And Stockholders Equity1.1B1.3B1.3B1.3B1.4B1.3B
Non Current Liabilities Total543.0M371.3M322.5M298.8M245.0M294.6M
Total Liab842.9M876.7M769.2M641.8M663.5M592.3M
Net Invested Capital722.6M758.8M815.8M862.5M865.8M845.3M
Property Plant And Equipment Gross15.4M16.5M16.8M112.6M104.2M109.4M
Accumulated Other Comprehensive Income(2.2M)1.5M(340K)(6.9M)(3.5M)(3.7M)
Non Current Liabilities Other5.7M20.2M53.9M48.6M3.0M2.9M
Net Working Capital129.9M185.6M259.0M279.8M293.1M228.2M
Short Term Debt2.4M9.1M4.8M6.5M21.9M23.0M

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When determining whether Corsair GamingInc is a strong investment it is important to analyze Corsair GamingInc's 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 Corsair GamingInc's future performance. For an informed investment choice regarding Corsair Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corsair GamingInc. 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 GamingInc guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

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Is Corsair GamingInc'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 Corsair GamingInc. If investors know Corsair 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 Corsair GamingInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.53)
Earnings Share
(0.08)
Revenue Per Share
14.018
Quarterly Revenue Growth
(0.05)
Return On Assets
(0.0008)
The market value of Corsair GamingInc is measured differently than its book value, which is the value of Corsair that is recorded on the company's balance sheet. Investors also form their own opinion of Corsair GamingInc's value that differs from its market value or its book value, called intrinsic value, which is Corsair GamingInc'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 Corsair GamingInc's market value can be influenced by many factors that don't directly affect Corsair GamingInc'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 Corsair GamingInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Corsair GamingInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Corsair GamingInc'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.