Goodrx Retained Earnings vs Total Current Liabilities Analysis
GDRX Stock | USD 7.51 0.86 12.93% |
Goodrx HoldingsInc financial indicator trend analysis is much more than just examining Goodrx HoldingsInc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Goodrx HoldingsInc is a good investment. Please check the relationship between Goodrx HoldingsInc Retained Earnings and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goodrx HoldingsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Goodrx Stock please use our How to Invest in Goodrx HoldingsInc guide.
Retained Earnings vs Total Current Liabilities
Retained Earnings vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goodrx HoldingsInc Retained Earnings account and Total Current Liabilities. At this time, the significance of the direction appears to have pay attention.
The correlation between Goodrx HoldingsInc's Retained Earnings and Total Current Liabilities is -0.89. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Goodrx HoldingsInc, assuming nothing else is changed. The correlation between historical values of Goodrx HoldingsInc's Retained Earnings and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Goodrx HoldingsInc are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Retained Earnings i.e., Goodrx HoldingsInc's Retained Earnings and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.89 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Total Current Liabilities
Total Current Liabilities is an item on Goodrx HoldingsInc balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Goodrx HoldingsInc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Goodrx HoldingsInc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Goodrx HoldingsInc 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 Goodrx HoldingsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Goodrx Stock please use our How to Invest in Goodrx HoldingsInc guide.At this time, Goodrx HoldingsInc's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.20 in 2024, despite the fact that Tax Provision is likely to grow to (48.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 34.6M | 54.2M | 111.8M | 117.4M | Interest Income | 59K | 9.3M | 29.1M | 30.6M |
Goodrx HoldingsInc fundamental ratios Correlations
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Goodrx HoldingsInc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Goodrx HoldingsInc fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 386.8M | 1.5B | 1.6B | 1.6B | 1.6B | 1.3B | |
Short Long Term Debt Total | 711.0M | 704.9M | 702.3M | 717.0M | 711.1M | 569.1M | |
Other Current Liab | 12.1M | 30.8M | 43.9M | 39.6M | 64.2M | 35.6M | |
Total Current Liabilities | 33.4M | 59.6M | 81.1M | 76.3M | 122.6M | 71.4M | |
Total Stockholder Equity | (1.1B) | 711.4M | 831.7M | 814.8M | 762.0M | 800.1M | |
Other Liab | 3.0M | 5.8M | 5.4M | 7.6M | 8.7M | 6.3M | |
Net Tangible Assets | (1.4B) | 393.5M | 831.7M | 814.8M | 937.1M | 983.9M | |
Property Plant And Equipment Net | 34.2M | 50.8M | 49.3M | 55.7M | 45.9M | 43.4M | |
Current Deferred Revenue | 3.5M | 6.9M | 6.9M | 7.9M | 7.1M | 5.9M | |
Net Debt | 684.9M | (263.8M) | (238.8M) | (40.1M) | 38.8M | 36.8M | |
Retained Earnings | (1.1B) | (1.4B) | (1.4B) | (1.4B) | (1.5B) | (1.5B) | |
Accounts Payable | 7.9M | 10.3M | 17.5M | 17.7M | 36.3M | 38.1M | |
Cash | 26.1M | 968.7M | 941.1M | 757.2M | 672.3M | 623.3M | |
Non Current Assets Total | 300.2M | 383.7M | 518.8M | 684.9M | 716.0M | 521.7M | |
Non Currrent Assets Other | 1.2M | 2.0M | (34.3M) | (15.0M) | 22.8M | 23.9M | |
Other Assets | 3.4M | 15.1M | 6.0M | 8.2M | 9.4M | 7.6M | |
Long Term Debt | 663.9M | 659.9M | 655.9M | 651.8M | 647.7M | 532.8M | |
Cash And Short Term Investments | 26.1M | 968.7M | 941.1M | 757.2M | 672.3M | 623.3M | |
Net Receivables | 55.5M | 68.7M | 126.4M | 117.1M | 160.0M | 103.2M | |
Good Will | 236.2M | 261.1M | 329.7M | 412.1M | 410.8M | 342.9M | |
Common Stock Shares Outstanding | 385.4M | 391.7M | 400.6M | 412.9M | 410.3M | 433.3M | |
Liabilities And Stockholders Equity | 386.8M | 1.5B | 1.6B | 1.6B | 1.6B | 1.3B | |
Non Current Liabilities Total | 1.4B | 699.2M | 694.8M | 713.5M | 704.3M | 761.8M | |
Capital Lease Obligations | 40.1M | 38.0M | 39.4M | 58.2M | 54.6M | 42.2M | |
Other Current Assets | 12.4M | 46.0M | 29.6M | 45.4M | 40.4M | 32.5M | |
Other Stockholder Equity | 8.8M | 2.1B | 2.2B | 2.3B | 2.2B | 1.6B | |
Total Liab | 1.5B | 758.8M | 775.9M | 789.8M | 826.8M | 813.7M | |
Net Invested Capital | (416.7M) | 1.4B | 1.5B | 1.5B | 1.4B | 899.8M | |
Property Plant And Equipment Gross | 34.2M | 50.8M | 21.6M | 19.8M | 59.6M | 34.3M | |
Total Current Assets | 86.6M | 1.1B | 1.1B | 919.7M | 872.8M | 756.7M | |
Non Current Liabilities Other | 3.0M | 5.8M | 5.1M | 7.6M | 8.2M | 6.1M | |
Net Working Capital | 53.2M | 1.0B | 1.0B | 843.4M | 750.2M | 685.3M | |
Short Term Debt | 10.0M | 11.6M | 12.9M | 11.1M | 15.0M | 12.1M | |
Intangible Assets | 26.4M | 56.7M | 133.8M | 189.9M | 156.3M | 106.6M | |
Property Plant Equipment | 34.2M | 50.8M | 21.6M | 19.8M | 22.8M | 28.0M |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goodrx HoldingsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Goodrx Stock please use our How to Invest in Goodrx HoldingsInc guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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Is Goodrx HoldingsInc'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 Goodrx HoldingsInc. If investors know Goodrx 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 Goodrx HoldingsInc 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 6.635 | Earnings Share (0.02) | Revenue Per Share 1.829 | Quarterly Revenue Growth 0.068 | Return On Assets 0.0195 |
The market value of Goodrx HoldingsInc is measured differently than its book value, which is the value of Goodrx that is recorded on the company's balance sheet. Investors also form their own opinion of Goodrx HoldingsInc's value that differs from its market value or its book value, called intrinsic value, which is Goodrx HoldingsInc'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 Goodrx HoldingsInc's market value can be influenced by many factors that don't directly affect Goodrx HoldingsInc'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 Goodrx HoldingsInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Goodrx HoldingsInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goodrx HoldingsInc'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.