Motorsport Net Tangible Assets vs Net Debt Analysis
| MSGM Stock | USD 2.28 0.02 0.87% |
Motorsport Gaming financial indicator trend analysis is infinitely more than just investigating Motorsport Gaming recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Motorsport Gaming is a good investment. Please check the relationship between Motorsport Gaming Net Tangible Assets and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Motorsport Gaming Us. 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.
Net Tangible Assets vs Net Debt
Net Tangible Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Motorsport Gaming Net Tangible Assets account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Motorsport Gaming's Net Tangible Assets and Net Debt is -0.59. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Motorsport Gaming Us, assuming nothing else is changed. The correlation between historical values of Motorsport Gaming's Net Tangible Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Motorsport Gaming Us are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Tangible Assets i.e., Motorsport Gaming's Net Tangible Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.59 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Motorsport Gaming's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Motorsport Gaming 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Motorsport Gaming Us. 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, Motorsport Gaming's Selling General Administrative is very stable compared to the past year. As of the 5th of May 2024, Issuance Of Capital Stock is likely to grow to about 14.8 M, while Sales General And Administrative To Revenue is likely to drop 0.77.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 7.5M | 5.4M | 2.9M | 5.6M | Total Revenue | 15.1M | 10.3M | 6.9M | 10.1M |
Motorsport Gaming fundamental ratios Correlations
Click cells to compare fundamentals
Motorsport Gaming Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Motorsport Gaming fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 12.8M | 17.4M | 50.7M | 18.9M | 9.8M | 9.3M | |
| Short Long Term Debt Total | 8.0M | 10.9M | 119.0K | 997.8K | 276.4K | 262.6K | |
| Other Current Liab | 852.9K | 3.4M | 6.2M | 10.3M | 6.3M | 5.1M | |
| Total Current Liabilities | 9.2M | 14.9M | 8.6M | 13.3M | 7.6M | 11.0M | |
| Total Stockholder Equity | (3.1M) | (1.0M) | 36.7M | 1.5M | 3.0M | 2.9M | |
| Property Plant And Equipment Net | 127.4K | 162.1K | 727.1K | 1.5M | 445K | 554.9K | |
| Net Debt | 6.1M | 6.9M | (17.7M) | 18.5K | (1.4M) | (1.3M) | |
| Retained Earnings | (3.1M) | (4.8M) | (38.0M) | (74.0M) | (87.0M) | (82.7M) | |
| Accounts Payable | 266.9K | 706.0K | 1.8M | 2.4M | 813.7K | 1.2M | |
| Cash | 2.0M | 4.0M | 17.8M | 979.3K | 1.7M | 1.6M | |
| Non Current Assets Total | 5.6M | 6.9M | 26.1M | 14.9M | 6.2M | 12.2M | |
| Non Currrent Assets Other | 55.4K | 1.0M | (26.1M) | (14.9M) | (13.4M) | (12.7M) | |
| Cash And Short Term Investments | 2.0M | 4.0M | 17.8M | 979.3K | 1.7M | 1.6M | |
| Net Receivables | 5.1M | 6.0M | 5.6M | 2.0M | 735.8K | 699.0K | |
| Common Stock Shares Outstanding | 1.7M | 1.8M | 1.9M | 1.2M | 2.6M | 3.5M | |
| Liabilities And Stockholders Equity | 12.8M | 17.4M | 50.7M | 18.9M | 9.8M | 9.3M | |
| Non Current Liabilities Total | 8.3M | 856.7K | 4.1M | 3.7M | 76.8K | 72.9K | |
| Other Current Assets | 77.0K | 507.2K | 1.2M | 1.0M | 1.1M | 732.8K | |
| Other Stockholder Equity | 3.1M | (1.0M) | 75.7M | 76.4M | 91.9M | 96.5M | |
| Total Liab | 9.2M | 15.8M | 12.7M | 17.0M | 7.7M | 12.6M | |
| Net Invested Capital | 5.0M | 9.8M | 36.8M | 1.5M | 3.0M | 2.9M | |
| Property Plant And Equipment Gross | 127.4K | 162.1K | 1.0M | 1.9M | 1.2M | 811.2K | |
| Total Current Assets | 7.1M | 10.5M | 24.6M | 4.0M | 3.5M | 3.3M | |
| Accumulated Other Comprehensive Income | (49.5K) | 4.9K | (945.4K) | (933.4K) | (1.9M) | (1.8M) | |
| Net Working Capital | (2.0M) | (4.4M) | 16.0M | (9.3M) | (4.1M) | (3.9M) | |
| Short Term Debt | 8.0M | 10.9M | 119.0K | 380.5K | 230.7K | 219.2K | |
| Intangible Assets | 5.3M | 5.6M | 20.5M | 13.4M | 5.8M | 10.4M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Motorsport Gaming in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Motorsport Gaming's short interest history, or implied volatility extrapolated from Motorsport Gaming options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Motorsport Gaming Us. 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 Motorsport Gaming information on this page should be used as a complementary analysis to other Motorsport Gaming'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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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When running Motorsport Gaming's price analysis, check to measure Motorsport Gaming'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 Motorsport Gaming is operating at the current time. Most of Motorsport Gaming's value examination focuses on studying past and present price action to predict the probability of Motorsport Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Motorsport Gaming's price. Additionally, you may evaluate how the addition of Motorsport Gaming to your portfolios can decrease your overall portfolio volatility.
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Is Motorsport Gaming'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 Motorsport Gaming. If investors know Motorsport 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 Motorsport Gaming listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.06) | Revenue Per Share 2.681 | Quarterly Revenue Growth (0.54) | Return On Assets (0.67) | Return On Equity (7.17) |
The market value of Motorsport Gaming is measured differently than its book value, which is the value of Motorsport that is recorded on the company's balance sheet. Investors also form their own opinion of Motorsport Gaming's value that differs from its market value or its book value, called intrinsic value, which is Motorsport Gaming'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 Motorsport Gaming's market value can be influenced by many factors that don't directly affect Motorsport Gaming'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 Motorsport Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Motorsport Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Motorsport Gaming'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.