Godaddy Deferred Revenue vs Debt Current Analysis
| GDDY Stock | USD 97.92 0.85 0.88% |
Godaddy financial indicator trend analysis is much more than just examining Godaddy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Godaddy is a good investment. Please check the relationship between Godaddy Deferred Revenue and its Debt Current accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Godaddy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.
Deferred Revenue vs Debt Current
Deferred Revenue vs Debt Current Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Godaddy Deferred Revenue account and Debt Current. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Godaddy's Deferred Revenue and Debt Current is 0.94. Overlapping area represents the amount of variation of Deferred Revenue that can explain the historical movement of Debt Current in the same time period over historical financial statements of Godaddy, assuming nothing else is changed. The correlation between historical values of Godaddy's Deferred Revenue and Debt Current is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Revenue of Godaddy are associated (or correlated) with its Debt Current. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Debt Current has no effect on the direction of Deferred Revenue i.e., Godaddy's Deferred Revenue and Debt Current go up and down completely randomly.
Correlation Coefficient | 0.94 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Deferred Revenue
A component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income. Where this item is not contained on the company consolidated financial statements and cannot otherwise be imputed the value of 0 is used.Debt Current
The current portion of Total Debt; reported if the company operates a classified balance sheet that segments current and non-current liabilities. Where this item is not contained on the company consolidated financial statements and cannot otherwise be imputed the value of 0 is used.Most indicators from Godaddy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Godaddy 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 Godaddy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.Enterprise Value over EBIT is likely to rise to 31.29 in 2023, whereas Net Loss Income from Discontinued Operations is likely to drop (13.7 M) in 2023.
| 2020 | 2021 | 2022 | 2023 (projected) | Interest Expense | 91.3M | 126M | 146.3M | 129.6M | Gross Profit | 2.2B | 2.4B | 2.6B | 2.2B |
Godaddy fundamental ratios Correlations
Click cells to compare fundamentals
Godaddy Account Relationship Matchups
Godaddy fundamental ratios Accounts
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 (projected) | ||
| Receivables | 26.4M | 30.2M | 41.8M | 63.6M | 60.1M | 64.8M | |
| Accounts Payable | 61.6M | 72.3M | 51M | 85.2M | 130.9M | 141.2M | |
| Accumulated Other Comprehensive Income | (72.1M) | (78.2M) | (131M) | (38.6M) | 178M | 192.1M | |
| Total Assets | 6.1B | 6.3B | 6.4B | 7.4B | 7.0B | 6.7B | |
| Current Assets | 1.4B | 1.6B | 1.3B | 1.9B | 1.6B | 1.5B | |
| Assets Non Current | 4.7B | 4.7B | 5.1B | 5.5B | 5.4B | 5.2B | |
| Cash and Equivalents | 932.4M | 1.1B | 765.2M | 1.3B | 774M | 784.9M | |
| Cash and Equivalents USD | 932.4M | 1.1B | 765.2M | 1.3B | 774M | 784.9M | |
| Total Debt | 2.4B | 2.6B | 3.3B | 4.0B | 3.9B | 3.4B | |
| Debt Current | 16.6M | 18.4M | 24.3M | 24.1M | 18.2M | 17.2M | |
| Debt Non Current | 2.4B | 2.6B | 3.3B | 4.0B | 3.9B | 3.4B | |
| Total Debt USD | 2.4B | 2.6B | 3.3B | 4.0B | 3.9B | 3.4B | |
| Deferred Revenue | 2.0B | 2.2B | 2.4B | 2.6B | 2.7B | 2.5B | |
| Shareholders Equity Attributable to Parent | 792.7M | 772M | (12.9M) | 81.7M | (331.8M) | (340.5M) | |
| Shareholders Equity USD | 792.7M | 772M | (12.9M) | 81.7M | (331.8M) | (340.5M) | |
| Goodwill and Intangible Assets | 4.2B | 4.1B | 4.5B | 4.9B | 4.8B | 4.6B | |
| Investments | 6.6M | 12.3M | 18.9M | 23.6M | 27.1M | 29.3M | |
| Investments Current | 6.6M | 12.3M | 18.9M | 23.6M | 27.1M | 29.3M | |
| Total Liabilities | 5.3B | 5.5B | 6.4B | 7.3B | 7.3B | 6.6B | |
| Current Liabilities | 1.9B | 2.0B | 2.3B | 2.4B | 2.5B | 2.3B | |
| Liabilities Non Current | 3.4B | 3.5B | 4.1B | 4.9B | 4.8B | 4.3B | |
| Trade and Non Trade Payables | 235.9M | 72.3M | 51M | 85.2M | 130.9M | 144.1M | |
| Property Plant and Equipment Net | 299M | 455.2M | 399.3M | 329.2M | 309.7M | 333.8M | |
| Trade and Non Trade Receivables | 26.4M | 30.2M | 41.8M | 63.6M | 60.1M | 64.8M | |
| Accumulated Retained Earnings Deficit | 164.8M | (153.5M) | (1.2B) | (1.5B) | (2.4B) | (2.5B) | |
| Tax Liabilities | 117.2M | 276.2M | 92M | 75.3M | 56.2M | 75.8M |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Godaddy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Theme Ratings Now
Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| All Next | Launch Module |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Godaddy using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Godaddy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.Note that the Godaddy information on this page should be used as a complementary analysis to other Godaddy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Godaddy Stock analysis
When running Godaddy's price analysis, check to measure Godaddy'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 Godaddy is operating at the current time. Most of Godaddy's value examination focuses on studying past and present price action to predict the probability of Godaddy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Godaddy's price. Additionally, you may evaluate how the addition of Godaddy to your portfolios can decrease your overall portfolio volatility.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Fund Screener Find actively-traded funds from around the world traded on over 30 global exchanges |
Is Godaddy'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 Godaddy. If investors know Godaddy 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 Godaddy 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 0.413 | Earnings Share 2.31 | Revenue Per Share 27.656 | Quarterly Revenue Growth 0.035 | Return On Assets 0.0511 |
The market value of Godaddy is measured differently than its book value, which is the value of Godaddy that is recorded on the company's balance sheet. Investors also form their own opinion of Godaddy's value that differs from its market value or its book value, called intrinsic value, which is Godaddy'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 Godaddy's market value can be influenced by many factors that don't directly affect Godaddy'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 Godaddy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Godaddy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Godaddy'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.