Gambling Other Stockholder Equity vs Cash Analysis
| GAMB Stock | USD 8.00 0.16 2.04% |
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 Other Stockholder Equity and its Cash 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.
Other Stockholder Equity vs Cash
Other Stockholder Equity vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gambling Group Other Stockholder Equity account and Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between Gambling's Other Stockholder Equity and Cash is 0.21. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Cash 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 Other Stockholder Equity and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Gambling Group are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Stockholder Equity i.e., Gambling's Other Stockholder Equity and Cash go up and down completely randomly.
Correlation Coefficient | 0.21 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Other Stockholder Equity
Cash
Cash refers to the most liquid asset of Gambling Group, which is listed under current asset account on Gambling Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Gambling customers. The amounts must be unrestricted with restricted cash listed in a different Gambling account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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
Click cells to compare fundamentals
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 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Gambling Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gambling's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gambling Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gambling Group Stock: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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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When running Gambling's price analysis, check to measure Gambling'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 Gambling is operating at the current time. Most of Gambling's value examination focuses on studying past and present price action to predict the probability of Gambling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gambling's price. Additionally, you may evaluate how the addition of Gambling to your portfolios can decrease your overall portfolio volatility.
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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 0.118 | Earnings Share 0.49 | Revenue Per Share 2.985 | Quarterly Revenue Growth 0.095 | Return On Assets 0.1226 |
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.