Gambling Non Current Liabilities Total vs Short Long Term Debt Total Analysis
GAMB Stock | USD 8.02 0.18 2.30% |
Gambling financial indicator trend analysis is much more than just examining Gambling Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gambling Group is a good investment. Please check the relationship between Gambling Non Current Liabilities Total and its Short Long Term Debt Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gambling Group. 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.
Non Current Liabilities Total vs Short Long Term Debt Total
Non Current Liabilities Total vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gambling Group Non Current Liabilities Total account and Short Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gambling's Non Current Liabilities Total and Short Long Term Debt Total is 0.79. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Gambling Group, assuming nothing else is changed. The correlation between historical values of Gambling's Non Current Liabilities Total and Short Long Term Debt 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 Non Current Liabilities Total of Gambling Group are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Non Current Liabilities Total i.e., Gambling's Non Current Liabilities Total and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Current Liabilities Total
Short Long Term Debt Total
Most indicators from Gambling's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gambling Group 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 Gambling Group. 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. At present, Gambling's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 48.1 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.22.
2021 | 2022 | 2023 | 2024 (projected) | EBIT | 11.4M | 15.8M | 29.5M | 31.0M | Other Operating Expenses | 30.9M | 63.0M | 79.1M | 83.1M |
Gambling fundamental ratios Correlations
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Gambling Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gambling fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 1.1M | 151K | 202K | 23.1M | 28.1M | 29.6M | |
Total Current Liabilities | 2.4M | 3.7M | 9.8M | 31.7M | 32.7M | 34.4M | |
Retained Earnings | (3.8M) | 11.3M | 23.8M | 26.4M | 44.7M | 46.9M | |
Accounts Payable | 503K | 521K | 3.3M | 6.3M | 1.9M | 2.4M | |
Net Receivables | 1.9M | 5.0M | 5.5M | 12.2M | 20.1M | 21.1M | |
Other Stockholder Equity | 621K | 296K | 2.4M | 4.1M | (3.1M) | (3.0M) | |
Total Current Assets | 9.4M | 13.7M | 56.5M | 42.0M | 47.4M | 32.2M |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gambling Group. 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. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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Is Gambling'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 Gambling. If investors know Gambling 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 Gambling 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 1.167 | Earnings Share 0.47 | Revenue Per Share 2.93 | Quarterly Revenue Growth 0.524 | Return On Assets 0.1266 |
The market value of Gambling Group is measured differently than its book value, which is the value of Gambling that is recorded on the company's balance sheet. Investors also form their own opinion of Gambling's value that differs from its market value or its book value, called intrinsic value, which is Gambling'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 Gambling's market value can be influenced by many factors that don't directly affect Gambling'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 Gambling's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gambling is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gambling'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.