Golden Intangible Assets vs Total Assets Analysis

GDEN Stock  USD 32.05  0.69  2.11%   
Golden Entertainment financial indicator trend analysis is much more than just examining Golden Entertainment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Golden Entertainment is a good investment. Please check the relationship between Golden Entertainment Intangible Assets and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Entertainment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Golden Stock, please use our How to Invest in Golden Entertainment guide.

Intangible Assets vs Total Assets

Intangible Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Golden Entertainment Intangible Assets account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Golden Entertainment's Intangible Assets and Total Assets is 0.76. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Golden Entertainment, assuming nothing else is changed. The correlation between historical values of Golden Entertainment's Intangible Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Golden Entertainment are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Intangible Assets i.e., Golden Entertainment's Intangible Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Assets

Total assets refers to the total amount of Golden Entertainment assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Golden Entertainment books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Golden Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Golden Entertainment 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 Golden Entertainment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Golden Stock, please use our How to Invest in Golden Entertainment guide.At this time, Golden Entertainment's Selling General Administrative is very stable compared to the past year. As of the 1st of May 2024, Tax Provision is likely to grow to about 84.5 M, while Issuance Of Capital Stock is likely to drop 6,650.
 2021 2022 2023 2024 (projected)
Gross Profit513.2M504.5M364.2M382.4M
Total Revenue1.1B1.1B1.1B1.1B

Golden Entertainment fundamental ratios Correlations

0.920.820.930.760.990.95-0.20.860.990.00.790.640.170.890.980.380.870.990.970.730.760.290.940.150.93
0.920.570.740.460.960.98-0.520.710.960.010.640.620.170.910.980.020.910.960.860.430.80.310.90.250.99
0.820.570.950.910.750.630.30.880.740.130.840.620.020.640.70.780.530.740.880.960.350.050.650.080.59
0.930.740.950.880.890.80.070.880.880.030.820.630.120.790.840.660.70.870.960.90.540.20.820.130.75
0.760.460.910.880.660.520.460.790.67-0.030.740.470.170.610.60.810.560.640.80.940.440.20.68-0.20.5
0.990.960.750.890.660.98-0.320.821.0-0.010.750.620.170.891.00.270.871.00.950.640.770.30.930.20.96
0.950.980.630.80.520.98-0.470.730.98-0.010.660.60.150.880.990.110.880.990.890.50.810.30.930.260.99
-0.2-0.520.30.070.46-0.32-0.470.03-0.310.190.030.01-0.18-0.32-0.390.68-0.36-0.35-0.120.41-0.36-0.3-0.25-0.44-0.47
0.860.710.880.880.790.820.730.030.810.060.960.640.150.790.790.490.690.810.920.840.50.240.730.00.72
0.990.960.740.880.671.00.98-0.310.81-0.010.730.630.160.90.990.260.891.00.940.630.810.30.950.180.97
0.00.010.130.03-0.03-0.01-0.010.190.06-0.01-0.040.71-0.84-0.090.0-0.05-0.130.00.00.0-0.04-0.81-0.010.380.01
0.790.640.840.820.740.750.660.030.960.73-0.040.510.20.720.720.480.620.740.870.840.390.280.64-0.080.65
0.640.620.620.630.470.620.60.010.640.630.710.51-0.460.60.620.170.50.630.650.470.45-0.370.590.320.62
0.170.170.020.120.170.170.15-0.180.150.16-0.840.2-0.460.270.160.110.310.160.180.140.120.960.15-0.290.16
0.890.910.640.790.610.890.88-0.320.790.9-0.090.720.60.270.890.180.950.890.870.570.760.390.890.060.9
0.980.980.70.840.61.00.99-0.390.790.990.00.720.620.160.890.190.891.00.930.570.80.30.930.230.98
0.380.020.780.660.810.270.110.680.490.26-0.050.480.170.110.180.190.10.250.460.86-0.070.030.22-0.060.05
0.870.910.530.70.560.870.88-0.360.690.89-0.130.620.50.310.950.890.10.880.80.460.860.440.920.040.93
0.990.960.740.870.641.00.99-0.350.811.00.00.740.630.160.891.00.250.880.940.620.780.290.940.220.97
0.970.860.880.960.80.950.89-0.120.920.940.00.870.650.180.870.930.460.80.940.820.620.280.870.110.86
0.730.430.960.90.940.640.50.410.840.630.00.840.470.140.570.570.860.460.620.820.240.150.57-0.050.45
0.760.80.350.540.440.770.81-0.360.50.81-0.040.390.450.120.760.8-0.070.860.780.620.240.310.870.010.84
0.290.310.050.20.20.30.3-0.30.240.3-0.810.28-0.370.960.390.30.030.440.290.280.150.310.3-0.280.3
0.940.90.650.820.680.930.93-0.250.730.95-0.010.640.590.150.890.930.220.920.940.870.570.870.30.030.92
0.150.250.080.13-0.20.20.26-0.440.00.180.38-0.080.32-0.290.060.23-0.060.040.220.11-0.050.01-0.280.030.22
0.930.990.590.750.50.960.99-0.470.720.970.010.650.620.160.90.980.050.930.970.860.450.840.30.920.22
Click cells to compare fundamentals

Golden Entertainment Account Relationship Matchups

Golden Entertainment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.6B1.6B1.5B1.5B1.6B
Short Long Term Debt Total1.4B1.3B1.2B1.1B758.2M392.5M
Other Current Liab47.9M39.6M66.7M53.0M95.3M100.0M
Total Current Liabilities132.8M118.7M127.0M132.7M174.4M183.1M
Total Stockholder Equity289.7M161.3M319.5M352.9M537.7M564.6M
Property Plant And Equipment Net1.3B1.2B1.1B988.6M865.5M908.8M
Net Debt1.2B1.2B986.2M928.3M600.6M630.7M
Retained Earnings(172.2M)(309.7M)(158.6M)(127.4M)61.5M64.5M
Cash111.7M103.6M220.5M136.9M157.6M165.4M
Non Current Assets Total1.6B1.4B1.4B1.3B1.1B1.2B
Non Currrent Assets Other10.9M9.4M11.7M15.7M9.5M9.1M
Cash And Short Term Investments111.7M103.6M220.5M136.9M157.6M165.4M
Net Receivables16.2M13.7M18.7M20.5M17.0M11.4M
Common Stock Shares Outstanding27.7M28.1M32.1M31.5M30.8M19.3M
Liabilities And Stockholders Equity1.7B1.6B1.6B1.5B1.5B1.6B
Non Current Liabilities Total1.3B1.3B1.2B1.0B801.0M841.0M
Other Current Assets4.4M2.9M2.9M13.6M226.8M238.2M
Other Stockholder Equity461.6M470.7M477.8M480.1M476.0M294.0M
Total Liab1.5B1.4B1.3B1.2B975.3M1.0B
Property Plant And Equipment Gross1.3B1.2B1.5B1.5B1.4B1.4B
Total Current Assets160.4M140.7M263.9M244.6M409.4M429.9M
Intangible Assets135.2M106.1M98.1M89.6M53.9M66.4M
Accounts Payable30.1M20.2M19.1M25.2M18.7M19.6M
Other Assets10.9M190.0M11.7M27.5M24.8M25.0M
Long Term Debt1.1B1.1B1.0B900.5M658.5M439.9M
Short Term Debt42.4M46.9M41.2M42.8M18.3M17.7M
Property Plant Equipment1.0B975.8M904.2M988.6M1.1B1.2B
Other Liab3.7M3.8M3.5M605K544.5K517.3K
Current Deferred Revenue12.5M12.4M12.1M11.8M42.1M44.2M
Inventory8.2M5.6M6.6M8.1M8.1M5.5M
Net Tangible Assets(29.7M)(103.2M)47.1M105.0M94.5M48.2M
Retained Earnings Total Equity(172.2M)(309.7M)(158.6M)(127.4M)(114.7M)(120.4M)
Capital Surpluse461.6M470.7M477.8M480.1M552.1M377.5M
Deferred Long Term Liab1.1M1.5M1.9M53K61.0K57.9K
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Golden Entertainment in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Golden Entertainment's short interest history, or implied volatility extrapolated from Golden Entertainment options trading.

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When determining whether Golden Entertainment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Entertainment'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 Golden Entertainment Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Entertainment Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Entertainment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Golden Stock, please use our How to Invest in Golden Entertainment guide.
Note that the Golden Entertainment information on this page should be used as a complementary analysis to other Golden Entertainment'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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running Golden Entertainment's price analysis, check to measure Golden Entertainment'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 Golden Entertainment is operating at the current time. Most of Golden Entertainment's value examination focuses on studying past and present price action to predict the probability of Golden Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Entertainment's price. Additionally, you may evaluate how the addition of Golden Entertainment to your portfolios can decrease your overall portfolio volatility.
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Is Golden Entertainment'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 Golden Entertainment. If investors know Golden 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 Golden Entertainment 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
16.4
Earnings Share
8.31
Revenue Per Share
36.755
Quarterly Revenue Growth
(0.17)
Return On Assets
0.0455
The market value of Golden Entertainment is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Golden Entertainment'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 Golden Entertainment's market value can be influenced by many factors that don't directly affect Golden Entertainment'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 Golden Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Entertainment'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.