Genius Inventory vs Total Current Liabilities Analysis
| GENI Stock | USD 5.27 0.18 3.30% |
Genius Sports financial indicator trend analysis is much more than just examining Genius Sports latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genius Sports is a good investment. Please check the relationship between Genius Sports Inventory 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 Genius Sports. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Genius Stock please use our How to Invest in Genius Sports guide.
Inventory vs Total Current Liabilities
Inventory vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genius Sports Inventory account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Genius Sports' Inventory and Total Current Liabilities is 0.82. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Genius Sports, assuming nothing else is changed. The correlation between historical values of Genius Sports' Inventory 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 Inventory of Genius Sports 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 Inventory i.e., Genius Sports' Inventory and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.82 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Inventory
Total Current Liabilities
Total Current Liabilities is an item on Genius Sports balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Genius Sports 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 Genius Sports' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genius Sports 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 Genius Sports. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Genius Stock please use our How to Invest in Genius Sports guide.As of now, Genius Sports' Enterprise Value Over EBITDA is increasing as compared to previous years. The Genius Sports' current Enterprise Value Multiple is estimated to increase to 153.86, while Issuance Of Capital Stock is projected to decrease to 0.00.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 347.0M | 184.1M | 137.4M | 172.7M | Cost Of Revenue | 476.2M | 338.2M | 345.0M | 299.8M |
Genius Sports fundamental ratios Correlations
Click cells to compare fundamentals
Genius Sports Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Genius Sports fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Current Liab | 25.3M | 38.9M | 103.0M | 85.9M | 70.0M | 60.8M | |
| Total Current Liabilities | 54.7M | 85.3M | 152.8M | 171.1M | 182.9M | 123.2M | |
| Other Liab | 10.0M | 11.7M | 28.0M | 15.0M | 17.3M | 17.0M | |
| Net Tangible Assets | (400.8M) | (454.6M) | 168.5M | 117.7M | 135.3M | 142.1M | |
| Retained Earnings | (91.0M) | (153.2M) | (757.3M) | (939.0M) | (1.0B) | (973.3M) | |
| Accounts Payable | 13.3M | 10.1M | 19.9M | 33.1M | 57.4M | 60.2M | |
| Other Assets | 12.3M | 9.5M | 10.3M | 34.7M | 1.0 | 0.95 | |
| Net Receivables | 27.0M | 34.9M | 70.6M | 71.8M | 116.9M | 61.6M | |
| Inventory | 281K | 384K | 530K | 283K | 347K | 363.7K | |
| Other Stockholder Equity | (316.4M) | (348.3M) | 1.5B | 1.6B | 1.6B | 1.7B | |
| Total Current Assets | 38.7M | 61.3M | 324.7M | 236.5M | 244.8M | 173.7M | |
| Property Plant Equipment | 4.9M | 5.0M | 14.4M | 19.3M | 22.2M | 23.4M |
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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 Genius Sports. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Genius Stock please use our How to Invest in Genius Sports 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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When running Genius Sports' price analysis, check to measure Genius Sports' 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 Genius Sports is operating at the current time. Most of Genius Sports' value examination focuses on studying past and present price action to predict the probability of Genius Sports' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genius Sports' price. Additionally, you may evaluate how the addition of Genius Sports to your portfolios can decrease your overall portfolio volatility.
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Is Genius Sports' 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 Genius Sports. If investors know Genius 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 Genius Sports listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.38) | Revenue Per Share 1.828 | Quarterly Revenue Growth 0.207 | Return On Assets (0.06) | Return On Equity (0.15) |
The market value of Genius Sports is measured differently than its book value, which is the value of Genius that is recorded on the company's balance sheet. Investors also form their own opinion of Genius Sports' value that differs from its market value or its book value, called intrinsic value, which is Genius Sports' 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 Genius Sports' market value can be influenced by many factors that don't directly affect Genius Sports' 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 Genius Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Genius Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genius Sports' 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.