Golden Research And Ddevelopement To Revenue from 2010 to 2024

GMGI Stock  USD 2.70  0.07  2.53%   
Golden Matrix's Research And Ddevelopement To Revenue is decreasing with slightly volatile movements from year to year. Research And Ddevelopement To Revenue is predicted to flatten to 0.0007. Research And Ddevelopement To Revenue is the ratio of a company's research and development expenses to its total revenue, indicating how much of the revenue is invested back into developing new products or services. View All Fundamentals
 
Research And Ddevelopement To Revenue  
First Reported
2010-12-31
Previous Quarter
0.000737
Current Value
0.0007
Quarterly Volatility
0.00385684
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Golden Matrix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Golden Matrix's main balance sheet or income statement drivers, such as Selling General Administrative of 12.6 M, Other Operating Expenses of 43.3 M or EBIT of 232.4 K, as well as many indicators such as Price To Sales Ratio of 3.19, Dividend Yield of 0.0 or PTB Ratio of 2.86. Golden financial statements analysis is a perfect complement when working with Golden Matrix Valuation or Volatility modules.
  
Check out the analysis of Golden Matrix Correlation against competitors.

Latest Golden Matrix's Research And Ddevelopement To Revenue Growth Pattern

Below is the plot of the Research And Ddevelopement To Revenue of Golden Matrix Group over the last few years. It is the ratio of a company's research and development expenses to its total revenue, indicating how much of the revenue is invested back into developing new products or services. Golden Matrix's Research And Ddevelopement To Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Golden Matrix's overall financial position and show how it may be relating to other accounts over time.
Research And Ddevelopement To Revenue10 Years Trend
Slightly volatile
   Research And Ddevelopement To Revenue   
       Timeline  

Golden Research And Ddevelopement To Revenue Regression Statistics

Arithmetic Mean0.01
Geometric Mean0
Coefficient Of Variation56.23
Mean Deviation0
Median0.01
Standard Deviation0
Sample Variance0.000015
Range0.0085
R-Value(0.77)
Mean Square Error0.00000659
R-Squared0.59
Significance0.0008
Slope(0.0007)
Total Sum of Squares0.0002

Golden Research And Ddevelopement To Revenue History

2024 7.0E-4
2023 7.37E-4
2021 6.41E-4

About Golden Matrix Financial Statements

Investors use fundamental indicators, such as Golden Matrix's Research And Ddevelopement To Revenue, to determine how well the company is positioned to perform in the future. Although Golden Matrix's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year

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When determining whether Golden Matrix Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Matrix'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 Golden Matrix Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Matrix Group Stock:
Check out the analysis of Golden Matrix Correlation against competitors.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Movies & Entertainment space 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 Golden Matrix. If investors know Golden 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 Golden Matrix 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
(1.00)
Earnings Share
(0.02)
Revenue Per Share
2.391
Quarterly Revenue Growth
0.748
Return On Assets
0.0014
The market value of Golden Matrix Group is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Matrix's value that differs from its market value or its book value, called intrinsic value, which is Golden Matrix'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 Golden Matrix's market value can be influenced by many factors that don't directly affect Golden Matrix'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 Golden Matrix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Matrix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Matrix'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.