Gogo Non Current Assets Total vs Good Will Analysis
GOGO Stock | USD 10.00 0.59 6.27% |
Gogo financial indicator trend analysis is much more than just examining Gogo Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gogo Inc is a good investment. Please check the relationship between Gogo Non Current Assets Total and its Good Will accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gogo Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Non Current Assets Total vs Good Will
Non Current Assets Total vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gogo Inc Non Current Assets Total account and Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Gogo's Non Current Assets Total and Good Will is -0.02. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Good Will in the same time period over historical financial statements of Gogo Inc, assuming nothing else is changed. The correlation between historical values of Gogo's Non Current Assets Total and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Gogo Inc are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Non Current Assets Total i.e., Gogo's Non Current Assets Total and Good Will go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most indicators from Gogo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gogo Inc 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 Gogo Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. At this time, Gogo's Selling General Administrative is very stable compared to the past year. As of the 8th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.24, though Tax Provision is likely to grow to (47.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 67.5M | 38.9M | 36.0M | 64.3M | Depreciation And Amortization | 15.6M | 14.8M | 16.7M | 15.9M |
Gogo fundamental ratios Correlations
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Gogo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gogo fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.2B | 673.6M | 647.7M | 759.5M | 781.5M | 856.7M | |
Short Long Term Debt Total | 1.2B | 1.2B | 881.7M | 776.7M | 678.1M | 646.4M | |
Other Current Liab | 188.5M | 83.0M | 59.9M | 60.1M | 37.4M | 35.5M | |
Total Current Liabilities | 252.6M | 438.1M | 188.5M | 84.4M | 72.0M | 68.4M | |
Total Stockholder Equity | (398.9M) | (641.1M) | (320.2M) | (101.9M) | 40.7M | 42.8M | |
Property Plant And Equipment Net | 623.7M | 97.2M | 134.7M | 179.9M | 168.7M | 334.7M | |
Current Deferred Revenue | 34.8M | 3.1M | 1.8M | 3.4M | 1.0M | 952.8K | |
Net Debt | 1.0B | 771.6M | 735.8M | 626.1M | 539.1M | 453.8M | |
Retained Earnings | (1.4B) | (1.6B) | (1.5B) | (1.4B) | (1.2B) | (1.3B) | |
Accounts Payable | 17.2M | 11.0M | 17.2M | 13.6M | 16.1M | 16.2M | |
Cash | 170.0M | 435.3M | 145.9M | 150.6M | 139.0M | 192.5M | |
Non Current Assets Total | 789.9M | 161.4M | 397.8M | 435.4M | 466.9M | 485.9M | |
Non Currrent Assets Other | 89.7M | 11.5M | 3.5M | 4.1M | 5.7M | 5.5M | |
Cash And Short Term Investments | 170.0M | 435.3M | 145.9M | 175.3M | 139.0M | 237.7M | |
Net Receivables | 101.4M | 39.8M | 37.7M | 54.2M | 73.4M | 61.7M | |
Common Stock Shares Outstanding | 80.8M | 82.3M | 127.2M | 133.9M | 133.3M | 98.9M | |
Liabilities And Stockholders Equity | 1.2B | 673.6M | 647.7M | 759.5M | 781.5M | 856.7M | |
Non Current Liabilities Total | 1.4B | 876.6M | 779.3M | 777.0M | 668.8M | 823.2M | |
Inventory | 117.1M | 28.1M | 34.0M | 49.5M | 63.2M | 49.2M | |
Other Current Assets | 36.3M | 8.9M | 32.3M | 45.1M | 38.9M | 22.2M | |
Other Stockholder Equity | 979.5M | 989.7M | 1.1B | 1.2B | 1.2B | 830.1M | |
Total Liab | 1.6B | 1.3B | 967.8M | 861.4M | 740.8M | 1.0B | |
Property Plant And Equipment Gross | 623.7M | 97.2M | 63.7M | 179.9M | 290.0M | 338.4M | |
Total Current Assets | 424.8M | 512.2M | 249.9M | 324.1M | 314.6M | 370.8M | |
Accumulated Other Comprehensive Income | (2.3M) | (1.0M) | 1.8M | 30.1M | 15.8M | 16.6M | |
Short Term Debt | 12.2M | 341M | 109.6M | 7.3M | 17.5M | 16.7M | |
Intangible Assets | 75.9M | 52.1M | 48.9M | 48.9M | 55.0M | 52.9M | |
Other Liab | 180.9M | 10.6M | 7.2M | 7.6M | 6.8M | 6.5M | |
Other Assets | 89.7M | 11.5M | 213.6M | 180.4M | 207.5M | 217.9M | |
Long Term Debt | 1.1B | 828.0M | 694.8M | 690.2M | 587.5M | 672.0M | |
Short Term Investments | 39.3M | 170.0M | 925K | 24.8M | 23.2M | 22.1M | |
Property Plant Equipment | 560.3M | 63.5M | 63.7M | 179.9M | 161.9M | 264.5M | |
Net Tangible Assets | (475.4M) | (693.8M) | (320.2M) | (151.4M) | (136.2M) | (143.1M) | |
Retained Earnings Total Equity | (1.2B) | (1.4B) | (1.6B) | (1.5B) | (1.3B) | (1.4B) | |
Long Term Debt Total | 1.0B | 1.1B | 828.0M | 694.8M | 799.0M | 798.2M | |
Capital Surpluse | 963.5M | 979.5M | 1.1B | 1.3B | 1.4B | 1.1B | |
Deferred Long Term Liab | 129.1M | 135.4M | 1.9M | 1.4M | 1.3M | 1.2M | |
Non Current Liabilities Other | 124.3M | 48.6M | 84.6M | 7.6M | 8.3M | 7.9M |
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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 Gogo Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Gogo Inc information on this page should be used as a complementary analysis to other Gogo'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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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Is Gogo'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 Gogo. If investors know Gogo 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 Gogo 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 (0.47) | Earnings Share 1.09 | Revenue Per Share 3.064 | Quarterly Revenue Growth (0.1) | Return On Assets 0.1007 |
The market value of Gogo Inc is measured differently than its book value, which is the value of Gogo that is recorded on the company's balance sheet. Investors also form their own opinion of Gogo's value that differs from its market value or its book value, called intrinsic value, which is Gogo'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 Gogo's market value can be influenced by many factors that don't directly affect Gogo'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 Gogo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gogo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gogo'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.