Gravity Cash vs Current Deferred Revenue Analysis
GRVY Stock | USD 74.40 1.13 1.54% |
Gravity financial indicator trend analysis is much more than just examining Gravity latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gravity is a good investment. Please check the relationship between Gravity Cash and its Current Deferred Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gravity Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
Cash vs Current Deferred Revenue
Cash vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gravity Cash account and Current Deferred Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Gravity's Cash and Current Deferred Revenue is 0.86. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Gravity Co, assuming nothing else is changed. The correlation between historical values of Gravity's Cash and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Gravity Co are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Cash i.e., Gravity's Cash and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cash
Cash refers to the most liquid asset of Gravity, which is listed under current asset account on Gravity Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Gravity customers. The amounts must be unrestricted with restricted cash listed in a different Gravity account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Gravity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gravity 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 Gravity Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. At this time, Gravity's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 39.1 B in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.06 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 189.8B | 196.3B | 240.6B | 252.6B | Total Revenue | 413.9B | 463.6B | 725.5B | 761.8B |
Gravity fundamental ratios Correlations
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Gravity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gravity fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 175.4B | 265.4B | 327.5B | 444.1B | 578.2B | 607.1B | |
Other Current Liab | 2.0B | 2.7B | 3.6B | 13.6B | 4.3B | 2.2B | |
Total Current Liabilities | 55.8B | 82.7B | 74.0B | 105.7B | 106.4B | 111.8B | |
Total Stockholder Equity | 115.5B | 176.9B | 246.1B | 329.5B | 463.1B | 486.2B | |
Property Plant And Equipment Net | 6.7B | 7.7B | 11.3B | 8.1B | 10.2B | 5.2B | |
Net Debt | (76.4B) | (107.4B) | (94.0B) | (166.8B) | (181.7B) | (172.7B) | |
Cash | 79.4B | 110.6B | 99.1B | 169.9B | 184.1B | 193.3B | |
Non Current Assets Total | 19.6B | 18.8B | 21.4B | 22.3B | 31.3B | 24.0B | |
Non Currrent Assets Other | 1.7B | 2.8B | 2.0B | 2.5B | 7.0B | 7.3B | |
Cash And Short Term Investments | 118.9B | 182.5B | 247.7B | 340.2B | 465.7B | 489.0B | |
Liabilities And Stockholders Equity | 175.4B | 265.4B | 327.5B | 444.1B | 578.2B | 607.1B | |
Non Current Liabilities Total | 3.9B | 5.3B | 6.7B | 8.2B | 8.0B | 7.0B | |
Other Current Assets | 2.7B | 2.1B | 1.6B | 790.8M | 3.3B | 2.5B | |
Other Stockholder Equity | 27.1B | 26.1B | 27.1B | 27.1B | 27.1B | 37.6B | |
Total Liab | 59.7B | 88.0B | 80.7B | 113.9B | 114.5B | 120.2B | |
Property Plant And Equipment Gross | 6.7B | 20.9B | 26.3B | 26.5B | 28.0B | 29.4B | |
Total Current Assets | 155.9B | 246.6B | 306.1B | 421.8B | 546.9B | 574.2B | |
Short Long Term Debt Total | 3.0B | 3.2B | 5.1B | 3.1B | 2.3B | 2.1B | |
Current Deferred Revenue | 10.7B | 13.7B | 13.5B | 18.5B | 18.1B | 19.0B | |
Retained Earnings | 84.7B | 147.4B | 213.3B | 296.5B | 428.5B | 449.9B | |
Accounts Payable | 37.5B | 52.7B | 41.2B | 73.5B | 61.8B | 64.9B | |
Net Receivables | 32.3B | 59.8B | 53.7B | 77.4B | 74.9B | 78.6B | |
Short Term Debt | 5.6B | 13.7B | 15.7B | 22.3B | 25.7B | 26.9B | |
Short Term Investments | 39.5B | 71.8B | 148.6B | 170.4B | 281.7B | 295.7B | |
Accumulated Other Comprehensive Income | 274.5M | (1.0B) | 2.2B | 2.5B | 4.0B | 4.2B | |
Other Liab | 863.6M | 5.3B | 1.6B | 8.2B | 9.4B | 9.9B | |
Other Assets | 9.4B | 265.4B | 3.7B | 10.3B | 11.9B | 17.6B | |
Inventory | 2.0B | 2.2B | 3.2B | 3.3B | 3.0B | 2.0B | |
Intangible Assets | 1.7B | 3.4B | 3.3B | 3.9B | 6.4B | 6.4B | |
Property Plant Equipment | 6.7B | 7.7B | 11.3B | 8.1B | 9.4B | 9.8B | |
Net Tangible Assets | 113.8B | 162.1B | 241.3B | 325.7B | 374.5B | 393.2B | |
Long Term Investments | 1.8B | 1.3B | 3.0B | 2.2B | 1.8B | 1.6B | |
Non Current Liabilities Other | 3.6B | 3.8B | 5.9B | 5.0B | 3.2B | 2.5B | |
Net Invested Capital | 115.5B | 176.9B | 246.1B | 329.5B | 463.1B | 486.2B | |
Net Working Capital | 100.1B | 163.9B | 232.1B | 316.1B | 440.5B | 462.5B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Gravity offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gravity'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 Gravity Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gravity Co Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gravity Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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Is Gravity'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 Gravity. If investors know Gravity 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 Gravity 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 (0.26) | Earnings Share 13 | Revenue Per Share 96.2 K | Quarterly Revenue Growth (0.29) | Return On Assets 0.1548 |
The market value of Gravity is measured differently than its book value, which is the value of Gravity that is recorded on the company's balance sheet. Investors also form their own opinion of Gravity's value that differs from its market value or its book value, called intrinsic value, which is Gravity'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 Gravity's market value can be influenced by many factors that don't directly affect Gravity'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 Gravity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gravity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gravity'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.