Gravity Total Assets vs Non Currrent Assets Other 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 Total Assets and its Non Currrent Assets Other 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.
Total Assets vs Non Currrent Assets Other
Total Assets vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gravity Total Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Gravity's Total Assets and Non Currrent Assets Other is 0.54. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Currrent Assets Other 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 Total Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Gravity Co are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Assets i.e., Gravity's Total Assets and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of Gravity assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Gravity books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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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.