Goeasy Current Deferred Revenue from 2010 to 2026
| GSY Stock | CAD 126.48 3.37 2.60% |
Current Deferred Revenue | First Reported 2000-03-31 | Previous Quarter 28.1 M | Current Value 29.7 M | Quarterly Volatility 10.2 M |
Check Goeasy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Goeasy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 49.3 M, Interest Expense of 5.2 M or Selling General Administrative of 52.8 M, as well as many indicators such as Price To Sales Ratio of 0.9, Dividend Yield of 0.0174 or PTB Ratio of 1.39. Goeasy financial statements analysis is a perfect complement when working with Goeasy Valuation or Volatility modules.
Goeasy | Current Deferred Revenue |
Evaluating Goeasy's Current Deferred Revenue across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into goeasy's fundamental strength.
Latest Goeasy's Current Deferred Revenue Growth Pattern
Below is the plot of the Current Deferred Revenue of goeasy over the last few years. It is 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. Goeasy's Current Deferred Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Goeasy's overall financial position and show how it may be relating to other accounts over time.
| Current Deferred Revenue | 10 Years Trend |
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Current Deferred Revenue |
| Timeline |
Goeasy Current Deferred Revenue Regression Statistics
| Arithmetic Mean | 12,481,022 | |
| Geometric Mean | 8,725,393 | |
| Coefficient Of Variation | 87.69 | |
| Mean Deviation | 9,418,737 | |
| Median | 6,002,000 | |
| Standard Deviation | 10,945,186 | |
| Sample Variance | 119.8T | |
| Range | 28M | |
| R-Value | 0.88 | |
| Mean Square Error | 27.9T | |
| R-Squared | 0.78 | |
| Slope | 1,916,705 | |
| Total Sum of Squares | 1916.8T |
Goeasy Current Deferred Revenue History
About Goeasy Financial Statements
Goeasy investors utilize fundamental indicators, such as Current Deferred Revenue, to predict how Goeasy Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 29.7 M | 31.2 M |
Pair Trading with Goeasy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Goeasy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Goeasy will appreciate offsetting losses from the drop in the long position's value.Moving against Goeasy Stock
The ability to find closely correlated positions to Goeasy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Goeasy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Goeasy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling goeasy to buy it.
The correlation of Goeasy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Goeasy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if goeasy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Goeasy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Goeasy Stock
Goeasy financial ratios help investors to determine whether Goeasy Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Goeasy with respect to the benefits of owning Goeasy security.