Gambling Other Stockholder Equity vs Short Term Investments 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 Other Stockholder Equity and its Short Term Investments 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 Short Term Investments

Other Stockholder Equity vs Short Term Investments 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 Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between Gambling's Other Stockholder Equity and Short Term Investments is 0.31. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Short Term Investments 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 Short Term Investments 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 Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Other Stockholder Equity i.e., Gambling's Other Stockholder Equity and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Stockholder Equity

Short Term Investments

Short Term Investments is an item under the current assets section of Gambling balance sheet. It contains any investments Gambling Group undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Gambling Group can easily liquidate in the marketplace.
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)
EBIT11.4M15.8M29.5M31.0M
Other Operating Expenses30.9M63.0M79.1M83.1M

Gambling fundamental ratios Correlations

0.990.790.890.60.550.96-0.380.620.660.490.86-0.790.8-0.810.31-0.620.460.910.89-0.580.460.840.990.59-0.47
0.990.850.910.70.580.95-0.260.710.670.490.91-0.830.85-0.760.21-0.720.580.930.87-0.650.580.820.990.63-0.5
0.790.850.950.760.850.88-0.080.940.890.770.93-0.970.96-0.66-0.29-0.960.870.830.85-0.90.870.850.840.34-0.81
0.890.910.950.610.720.97-0.350.840.820.640.91-0.930.93-0.82-0.13-0.860.730.850.95-0.820.730.930.90.3-0.81
0.60.70.760.610.620.540.490.770.550.490.79-0.730.73-0.2-0.1-0.790.760.720.4-0.680.760.380.650.74-0.29
0.550.580.850.720.620.660.070.840.970.970.8-0.860.85-0.38-0.41-0.830.730.720.61-0.890.730.720.610.16-0.72
0.960.950.880.970.540.66-0.450.720.780.620.88-0.880.87-0.870.09-0.730.570.880.96-0.710.570.930.960.38-0.69
-0.38-0.26-0.08-0.350.490.07-0.450.1-0.140.0-0.070.09-0.10.71-0.26-0.110.21-0.14-0.58-0.070.21-0.53-0.310.310.35
0.620.710.940.840.770.840.720.10.830.710.9-0.870.95-0.43-0.52-0.980.960.750.71-0.880.960.740.660.31-0.77
0.660.670.890.820.550.970.78-0.140.830.940.85-0.90.89-0.53-0.35-0.820.690.780.74-0.90.690.860.710.12-0.79
0.490.490.770.640.490.970.620.00.710.940.68-0.790.73-0.41-0.33-0.720.60.610.57-0.810.60.660.560.06-0.69
0.860.910.930.910.790.80.88-0.070.90.850.68-0.910.98-0.56-0.15-0.870.760.960.81-0.840.760.860.880.53-0.63
-0.79-0.83-0.97-0.93-0.73-0.86-0.880.09-0.87-0.9-0.79-0.91-0.940.630.230.9-0.76-0.85-0.80.95-0.76-0.85-0.84-0.290.79
0.80.850.960.930.730.850.87-0.10.950.890.730.98-0.94-0.57-0.31-0.920.820.90.83-0.90.820.890.820.36-0.76
-0.81-0.76-0.66-0.82-0.2-0.38-0.870.71-0.43-0.53-0.41-0.560.63-0.57-0.230.49-0.35-0.55-0.920.41-0.35-0.77-0.8-0.150.64
0.310.21-0.29-0.13-0.1-0.410.09-0.26-0.52-0.35-0.33-0.150.23-0.31-0.230.48-0.590.07-0.010.46-0.59-0.140.260.480.57
-0.62-0.72-0.96-0.86-0.79-0.83-0.73-0.11-0.98-0.82-0.72-0.870.9-0.920.490.48-0.96-0.71-0.710.9-0.96-0.71-0.68-0.290.8
0.460.580.870.730.760.730.570.210.960.690.60.76-0.760.82-0.35-0.59-0.960.560.59-0.781.00.560.510.26-0.73
0.910.930.830.850.720.720.88-0.140.750.780.610.96-0.850.9-0.550.07-0.710.560.77-0.740.560.840.920.6-0.47
0.890.870.850.950.40.610.96-0.580.710.740.570.81-0.80.83-0.92-0.01-0.710.590.77-0.630.590.940.880.24-0.76
-0.58-0.65-0.9-0.82-0.68-0.89-0.71-0.07-0.88-0.9-0.81-0.840.95-0.90.410.460.9-0.78-0.74-0.63-0.78-0.76-0.64-0.120.81
0.460.580.870.730.760.730.570.210.960.690.60.76-0.760.82-0.35-0.59-0.961.00.560.59-0.780.560.510.26-0.73
0.840.820.850.930.380.720.93-0.530.740.860.660.86-0.850.89-0.77-0.14-0.710.560.840.94-0.760.560.830.14-0.8
0.990.990.840.90.650.610.96-0.310.660.710.560.88-0.840.82-0.80.26-0.680.510.920.88-0.640.510.830.59-0.5
0.590.630.340.30.740.160.380.310.310.120.060.53-0.290.36-0.150.48-0.290.260.60.24-0.120.260.140.590.26
-0.47-0.5-0.81-0.81-0.29-0.72-0.690.35-0.77-0.79-0.69-0.630.79-0.760.640.570.8-0.73-0.47-0.760.81-0.73-0.8-0.50.26
Click cells to compare fundamentals

Gambling Account Relationship Matchups

Gambling fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab1.1M151K202K23.1M28.1M29.6M
Total Current Liabilities2.4M3.7M9.8M31.7M32.7M34.4M
Retained Earnings(3.8M)11.3M23.8M26.4M44.7M46.9M
Accounts Payable503K521K3.3M6.3M1.9M2.4M
Net Receivables1.9M5.0M5.5M12.2M20.1M21.1M
Other Stockholder Equity621K296K2.4M4.1M(3.1M)(3.0M)
Total Current Assets9.4M13.7M56.5M42.0M47.4M32.2M

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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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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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.