Gravity Non Current Assets Total vs Property Plant And Equipment Gross 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 Non Current Assets Total and its Property Plant And Equipment Gross 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.

Non Current Assets Total vs Property Plant And Equipment Gross

Non Current Assets Total vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gravity Non Current Assets Total account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have very week relationship.
The correlation between Gravity's Non Current Assets Total and Property Plant And Equipment Gross is 0.23. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant And Equipment Gross 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 Non Current Assets Total and Property Plant And Equipment Gross 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 Gravity Co are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Non Current Assets Total i.e., Gravity's Non Current Assets Total and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Property Plant And Equipment Gross

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 Profit189.8B196.3B240.6B252.6B
Total Revenue413.9B463.6B725.5B761.8B

Gravity fundamental ratios Correlations

0.60.870.990.78-0.970.980.280.541.00.370.430.35-0.290.880.941.00.260.820.990.780.890.430.970.570.97
0.60.570.580.62-0.680.660.220.130.580.210.38-0.05-0.220.580.660.60.280.530.580.580.610.210.640.130.52
0.870.570.80.73-0.920.920.040.210.840.370.260.21-0.511.00.80.880.220.980.840.980.990.410.860.490.77
0.990.580.80.76-0.940.950.330.60.990.340.450.37-0.230.810.930.980.260.740.990.70.820.410.960.560.99
0.780.620.730.76-0.80.790.210.230.770.330.280.3-0.390.730.890.780.520.650.780.660.750.350.810.250.73
-0.97-0.68-0.92-0.94-0.8-1.0-0.23-0.45-0.96-0.4-0.4-0.330.33-0.93-0.91-0.97-0.24-0.87-0.95-0.87-0.93-0.45-0.95-0.53-0.91
0.980.660.920.950.79-1.00.230.460.970.380.390.33-0.320.930.920.980.250.860.960.860.930.440.960.560.92
0.280.220.040.330.21-0.230.230.810.220.390.610.40.510.070.230.21-0.210.010.23-0.010.070.40.140.310.21
0.540.130.210.60.23-0.450.460.810.510.370.640.670.430.240.420.48-0.20.170.50.120.230.420.40.510.53
1.00.580.840.990.77-0.960.970.220.510.330.40.34-0.30.850.941.00.280.790.990.750.860.40.980.550.99
0.370.210.370.340.33-0.40.380.390.370.330.740.480.430.410.290.35-0.640.470.260.320.331.00.210.750.28
0.430.380.260.450.28-0.40.390.610.640.40.740.470.580.310.380.39-0.470.330.340.190.270.740.30.610.39
0.35-0.050.210.370.3-0.330.330.40.670.340.480.470.240.230.280.33-0.20.190.310.140.170.50.230.430.34
-0.29-0.22-0.51-0.23-0.390.33-0.320.510.43-0.30.430.580.24-0.47-0.33-0.34-0.7-0.44-0.37-0.55-0.510.41-0.440.32-0.28
0.880.581.00.810.73-0.930.930.070.240.850.410.310.23-0.470.810.890.190.980.840.980.990.450.860.520.78
0.940.660.80.930.89-0.910.920.230.420.940.290.380.28-0.330.810.940.440.730.940.710.840.330.960.450.92
1.00.60.880.980.78-0.970.980.210.481.00.350.390.33-0.340.890.940.280.840.990.80.90.410.980.550.97
0.260.280.220.260.52-0.240.25-0.21-0.20.28-0.64-0.47-0.2-0.70.190.440.280.070.360.20.28-0.620.43-0.470.3
0.820.530.980.740.65-0.870.860.010.170.790.470.330.19-0.440.980.730.840.070.780.960.960.510.790.560.72
0.990.580.840.990.78-0.950.960.230.50.990.260.340.31-0.370.840.940.990.360.780.750.860.330.980.490.98
0.780.580.980.70.66-0.870.86-0.010.120.750.320.190.14-0.550.980.710.80.20.960.750.970.360.780.410.66
0.890.610.990.820.75-0.930.930.070.230.860.330.270.17-0.510.990.840.90.280.960.860.970.370.890.460.79
0.430.210.410.410.35-0.450.440.40.420.41.00.740.50.410.450.330.41-0.620.510.330.360.370.270.790.35
0.970.640.860.960.81-0.950.960.140.40.980.210.30.23-0.440.860.960.980.430.790.980.780.890.270.430.96
0.570.130.490.560.25-0.530.560.310.510.550.750.610.430.320.520.450.55-0.470.560.490.410.460.790.430.53
0.970.520.770.990.73-0.910.920.210.530.990.280.390.34-0.280.780.920.970.30.720.980.660.790.350.960.53
Click cells to compare fundamentals

Gravity Account Relationship Matchups

Gravity fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets175.4B265.4B327.5B444.1B578.2B607.1B
Other Current Liab2.0B2.7B3.6B13.6B4.3B2.2B
Total Current Liabilities55.8B82.7B74.0B105.7B106.4B111.8B
Total Stockholder Equity115.5B176.9B246.1B329.5B463.1B486.2B
Property Plant And Equipment Net6.7B7.7B11.3B8.1B10.2B5.2B
Net Debt(76.4B)(107.4B)(94.0B)(166.8B)(181.7B)(172.7B)
Cash79.4B110.6B99.1B169.9B184.1B193.3B
Non Current Assets Total19.6B18.8B21.4B22.3B31.3B24.0B
Non Currrent Assets Other1.7B2.8B2.0B2.5B7.0B7.3B
Cash And Short Term Investments118.9B182.5B247.7B340.2B465.7B489.0B
Liabilities And Stockholders Equity175.4B265.4B327.5B444.1B578.2B607.1B
Non Current Liabilities Total3.9B5.3B6.7B8.2B8.0B7.0B
Other Current Assets2.7B2.1B1.6B790.8M3.3B2.5B
Other Stockholder Equity27.1B26.1B27.1B27.1B27.1B37.6B
Total Liab59.7B88.0B80.7B113.9B114.5B120.2B
Property Plant And Equipment Gross6.7B20.9B26.3B26.5B28.0B29.4B
Total Current Assets155.9B246.6B306.1B421.8B546.9B574.2B
Short Long Term Debt Total3.0B3.2B5.1B3.1B2.3B2.1B
Current Deferred Revenue10.7B13.7B13.5B18.5B18.1B19.0B
Retained Earnings84.7B147.4B213.3B296.5B428.5B449.9B
Accounts Payable37.5B52.7B41.2B73.5B61.8B64.9B
Net Receivables32.3B59.8B53.7B77.4B74.9B78.6B
Short Term Debt5.6B13.7B15.7B22.3B25.7B26.9B
Short Term Investments39.5B71.8B148.6B170.4B281.7B295.7B
Accumulated Other Comprehensive Income274.5M(1.0B)2.2B2.5B4.0B4.2B
Other Liab863.6M5.3B1.6B8.2B9.4B9.9B
Other Assets9.4B265.4B3.7B10.3B11.9B17.6B
Inventory2.0B2.2B3.2B3.3B3.0B2.0B
Intangible Assets1.7B3.4B3.3B3.9B6.4B6.4B
Property Plant Equipment6.7B7.7B11.3B8.1B9.4B9.8B
Net Tangible Assets113.8B162.1B241.3B325.7B374.5B393.2B
Long Term Investments1.8B1.3B3.0B2.2B1.8B1.6B
Non Current Liabilities Other3.6B3.8B5.9B5.0B3.2B2.5B
Net Invested Capital115.5B176.9B246.1B329.5B463.1B486.2B
Net Working Capital100.1B163.9B232.1B316.1B440.5B462.5B

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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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When running Gravity's price analysis, check to measure Gravity'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 Gravity is operating at the current time. Most of Gravity's value examination focuses on studying past and present price action to predict the probability of Gravity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gravity's price. Additionally, you may evaluate how the addition of Gravity to your portfolios can decrease your overall portfolio volatility.
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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.