Corsair Gaming Financials

CRSR Stock  USD 8.32  0.35  4.39%   
Corsair Gaming is not in a good financial situation at this time. It has a very high probability of going through financial hardship in February. At this time, Corsair Gaming's Long Term Debt is relatively stable compared to the past year. As of 01/18/2025, Non Current Liabilities Total is likely to grow to about 294.6 M, while Total Current Liabilities is likely to drop slightly above 347.2 M. Key indicators impacting Corsair Gaming's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.40.42
Sufficiently Down
Slightly volatile
Current Ratio1.271.53
Significantly Down
Slightly volatile
Investors should never underestimate Corsair Gaming's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Corsair Gaming's cash flow, debt, and profitability to make informed and accurate decisions about investing in Corsair Gaming.

Net Income

(2.21 Million)

  
Understanding current and past Corsair Gaming Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Corsair Gaming's financial statements are interrelated, with each one affecting the others. For example, an increase in Corsair Gaming's assets may result in an increase in income on the income statement.

Corsair Gaming Earnings Geography

Corsair Gaming Stock Summary

Corsair Gaming competes with Clover Health, Skillz Platform, and Fubotv. Corsair Gaming, Inc., together with its subsidiaries, designs, markets, and distributes gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. Corsair Gaming, Inc. is a subsidiary of Corsair Group , LP. Corsair Gaming operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange. It employs 2490 people.
Specialization
Information Technology, Technology Hardware & Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS22041X1028
CUSIP22041X102
LocationCalifornia; U.S.A
Business Address115 North McCarthy
SectorTechnology Hardware, Storage & Peripherals
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websiteir.corsair.com
Phone510 657 8747
CurrencyUSD - US Dollar

Corsair Gaming Key Financial Ratios

Corsair Gaming Key Balance Sheet Accounts

202020212022202320242025 (projected)
Other Current Liab174.2M190.1M141.8M134.9M155.1M112.6M
Other Liab39.6M32.4M25.7M21.2M24.4M30.9M
Net Tangible Assets(387.0M)(134.7M)25.4M59.8M68.8M72.3M
Retained Earnings(2.8M)98.1M37.2M40.4M46.5M48.8M
Accounts Payable299.6M236.1M172.0M240.0M276.0M208.1M
Other Assets34.6M72.0M30.3M1.01.151.09
Net Receivables293.6M291.3M235.7M253.3M291.3M220.0M
Inventory226.0M298.3M192.7M240.2M276.2M201.3M
Other Current Assets41.8M53.8M83.8M42.5M48.9M36.8M
Total Current Assets691.0M705.8M622.8M711.6M818.3M545.3M
Total Assets1.3B1.3B1.3B1.4B1.6B1.3B
Net Debt205.6M243.1M141.3M70.9M63.8M60.6M
Cash133.3M65.1M153.8M175.6M202.0M110.3M
Long Term Debt321.4M242.9M232.2M186.0M167.4M250.7M
Good Will312.8M317.1M347.7M354.7M407.9M343.1M
Total Liab876.7M769.2M641.8M663.5M597.1M592.3M
Net Invested Capital758.8M815.8M862.5M865.8M995.6M845.3M
Net Working Capital185.6M259.0M279.8M293.1M337.1M228.2M
Short Term Debt9.1M14.2M17.5M21.9M25.2M17.2M

Corsair Gaming Key Income Statement Accounts

The reason investors look at the income statement is to determine what Corsair Gaming's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
202020212022202320242025 (projected)
Interest Expense35.1M17.7M9.2M17.4M20.0M20.3M
Income Tax Expense18.8M13.6M(9.8M)(2.4M)(2.2M)(2.1M)
Ebit158.4M137.9M(54.6M)13.9M12.5M11.9M
Tax Provision18.8M13.6M(9.8M)(1.6M)(1.4M)(1.4M)
Net Interest Income(35.1M)(17.7M)(9.2M)(11.4M)(13.1M)(13.7M)
Total Revenue1.7B1.9B1.4B1.5B1.7B1.6B
Gross Profit465.4M513.9M296.6M360.3M414.3M376.4M
Operating Income158.4M137.9M(54.8M)9.7M8.7M8.3M
Research Development50.1M60.3M66.5M65.3M75.1M57.1M
Ebitda201.6M183.0M(1.1M)64.6M58.2M75.5M
Cost Of Revenue1.2B1.4B1.1B1.1B1.3B1.2B
Income Before Tax122.0M114.6M(63.8M)(3.5M)(3.1M)(3.0M)
Net Income103.2M101.0M(53.9M)(2.6M)(2.3M)(2.2M)

Corsair Gaming Key Cash Accounts

202020212022202320242025 (projected)
Change To Inventory(80.1M)(71.3M)111.3M(39.5M)(45.4M)(43.1M)
Change In Cash81.6M(68.2M)88.7M24.5M28.2M20.2M
Free Cash Flow160.0M9.2M40.1M76.4M87.9M92.2M
Depreciation43.2M45.1M53.5M50.7M58.3M34.3M
Other Non Cash Items9.3M9.6M4.9M39K35.1K33.3K
Capital Expenditures9.0M11.0M26.3M12.8M14.7M11.0M
Net Income103.2M101.0M(53.9M)3.2M2.9M2.7M
End Period Cash Flow133.6M65.4M154.1M178.6M205.3M215.6M
Net Borrowings82.9M(190.4M)(79.7M)(9.5M)(8.5M)(8.1M)
Change To Netincome(8.0M)5.0M13.4M5.3M6.1M6.4M
Dividends Paid87.0M0.014.5M4.3M3.9M3.7M
Investments(10.3M)(20.5M)(47.0M)(31.6M)(36.3M)(38.1M)

Corsair Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Corsair Gaming's current stock value. Our valuation model uses many indicators to compare Corsair Gaming value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Corsair Gaming competition to find correlations between indicators driving Corsair Gaming's intrinsic value. More Info.
Corsair Gaming is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . At this time, Corsair Gaming's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Corsair Gaming by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Corsair Gaming Systematic Risk

Corsair Gaming's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Corsair Gaming volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Corsair Gaming correlated with the market. If Beta is less than 0 Corsair Gaming generally moves in the opposite direction as compared to the market. If Corsair Gaming Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Corsair Gaming is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Corsair Gaming is generally in the same direction as the market. If Beta > 1 Corsair Gaming moves generally in the same direction as, but more than the movement of the benchmark.

Corsair Gaming Thematic Clasifications

Corsair Gaming is part of several thematic ideas from Air to Online Gaming. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Corsair Gaming Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Corsair Gaming's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Corsair Gaming growth as a starting point in their analysis.

Price Earnings To Growth Ratio

4.99

At this time, Corsair Gaming's Price Earnings To Growth Ratio is relatively stable compared to the past year.

Corsair Gaming January 18, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Corsair Gaming help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Corsair Gaming. We use our internally-developed statistical techniques to arrive at the intrinsic value of Corsair Gaming based on widely used predictive technical indicators. In general, we focus on analyzing Corsair Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Corsair Gaming's daily price indicators and compare them against related drivers.

Additional Tools for Corsair Stock Analysis

When running Corsair Gaming's price analysis, check to measure Corsair 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 Corsair Gaming is operating at the current time. Most of Corsair Gaming's value examination focuses on studying past and present price action to predict the probability of Corsair 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 Corsair Gaming's price. Additionally, you may evaluate how the addition of Corsair Gaming to your portfolios can decrease your overall portfolio volatility.