Gogo Financials

GOGO Stock  USD 8.28  0.54  6.98%   
Based on the analysis of Gogo's profitability, liquidity, and operating efficiency, Gogo Inc is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At this time, Gogo's Non Current Assets Total are very stable compared to the past year. As of the 22nd of November 2024, Cash And Short Term Investments is likely to grow to about 237.7 M, while Short and Long Term Debt Total is likely to drop about 646.4 M. Key indicators impacting Gogo's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio4.594.3696
Sufficiently Up
Slightly volatile
The financial analysis of Gogo is a critical element in measuring its lifeblood. Investors should not minimize Gogo's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

152.96 Million

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

Gogo Stock Summary

Gogo competes with Digital Ally, Kandi Technologies, Yelp, and National Beverage. Gogo Inc., through its subsidiaries, provides broadband connectivity services to the aviation industry in the United States and internationally. Gogo Inc. was founded in 1991 and is headquartered in Broomfield, Colorado. Gogo operates under Telecom Services classification in the United States and is traded on NASDAQ Exchange. It employs 376 people.
Specialization
Communication Services, Telecommunication Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS38046C1099
CUSIP38046C109
LocationIllinois; U.S.A
Business Address105 Edgeview Drive,
SectorWireless Telecommunication Services
IndustryCommunication Services
BenchmarkDow Jones Industrial
Websitewww.gogoair.com
Phone303 301 3271
CurrencyUSD - US Dollar

Gogo Key Financial Ratios

Gogo Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.2B673.6M647.7M759.5M781.5M856.7M
Other Current Liab188.5M72.9M50.4M48.7M36.2M34.4M
Net Debt1.0B771.6M735.8M626.1M539.1M453.8M
Retained Earnings(1.4B)(1.6B)(1.5B)(1.4B)(1.2B)(1.3B)
Accounts Payable17.2M11.0M17.2M13.6M16.1M16.2M
Cash170.0M435.3M145.9M150.6M139.0M192.5M
Net Receivables101.4M42.3M37.7M60.7M96.7M64.1M
Inventory117.1M28.1M34.0M49.5M63.2M49.2M
Other Current Assets36.3M6.5M32.3M38.6M38.9M21.5M
Total Liab1.6B1.3B967.8M861.4M740.8M1.0B
Total Current Assets424.8M512.2M249.9M324.1M314.6M370.8M
Short Term Debt12.2M349.1M117.1M16.3M17.5M16.7M
Intangible Assets75.9M52.1M48.9M48.9M55.0M52.9M
Other Liab180.9M10.6M7.2M7.6M6.8M6.5M
Other Assets89.7M11.5M213.6M180.4M207.5M217.9M
Long Term Debt1.1B828.0M694.8M690.2M587.5M672.0M
Net Tangible Assets(475.4M)(693.8M)(320.2M)(151.4M)(136.2M)(143.1M)
Long Term Debt Total1.0B1.1B828.0M694.8M799.0M798.2M
Capital Surpluse963.5M979.5M1.1B1.3B1.4B1.1B

Gogo Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense130.6M125.8M67.5M38.9M36.0M64.3M
Total Revenue835.7M269.7M335.7M404.1M397.6M454.3M
Gross Profit403.2M185.3M233.5M268.2M247.9M239.8M
Operating Income36.7M76.4M120.6M142.3M124.2M130.4M
Ebit36.7M76.4M36.8M144.6M124.2M130.4M
Research Development108.6M25.2M24.9M29.6M36.7M64.4M
Ebitda162.4M90.5M52.3M157.2M140.9M147.9M
Cost Of Revenue432.6M84.4M102.2M135.9M149.7M214.4M
Income Before Tax(145.0M)(48.7M)(30.6M)105.7M97.6M102.5M
Net Income(146.0M)(48.6M)152.7M92.1M145.7M153.0M
Income Tax Expense1.0M(146K)(187.2M)13.7M(48.1M)(45.7M)
Tax Provision1.0M(146K)(187.2M)13.7M(49.7M)(47.2M)
Interest Income5.2M722K191K2.4M32.6M34.2M
Net Interest Income(126.4M)(125.1M)(67.3M)(36.5M)(27.3M)(28.6M)

Gogo Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory29.1M7.1M(5.9M)(15.5M)(13.7M)(13.0M)
Change In Cash(13.4M)258.2M(289.6M)4.6M(11.5M)(10.9M)
Free Cash Flow(51.4M)(141.7M)56.8M53.5M54.9M57.6M
Depreciation118.8M14.2M15.5M12.6M16.7M15.9M
Other Non Cash Items91.8M(116.3M)88.3M6.3M6.8M6.3M
Capital Expenditures115.5M9.0M8.7M49.9M24.1M22.9M
Net Income(146.0M)(48.6M)156.6M92.1M145.7M153.0M
End Period Cash Flow177.7M435.9M146.3M150.9M139.4M193.7M
Change Receivables(17.1M)29.9M1.3M1.9M2.2M2.3M
Net Borrowings(3.9M)48.7M(1.0B)(7.4M)(6.7M)(6.4M)
Change To Netincome88.5M(128.5M)(174.8M)34.9M31.4M32.9M
Investments39.3M348.4M(24.1M)(70.4M)(34.7M)(33.0M)

Gogo Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Gogo's current stock value. Our valuation model uses many indicators to compare Gogo value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Gogo competition to find correlations between indicators driving Gogo's intrinsic value. More Info.
Gogo Inc is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about  0.06  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Gogo Inc is roughly  15.45 . At this time, Gogo's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Gogo's earnings, one of the primary drivers of an investment's value.

Gogo Inc Systematic Risk

Gogo's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Gogo 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.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Gogo Inc correlated with the market. If Beta is less than 0 Gogo generally moves in the opposite direction as compared to the market. If Gogo Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Gogo Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Gogo is generally in the same direction as the market. If Beta > 1 Gogo moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Gogo Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Gogo'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 Gogo growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.19

At this time, Gogo's Price Earnings To Growth Ratio is very stable compared to the past year.

Gogo November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Gogo help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Gogo Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Gogo Inc based on widely used predictive technical indicators. In general, we focus on analyzing Gogo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Gogo's daily price indicators and compare them against related drivers.
When determining whether Gogo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gogo'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 Gogo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gogo Inc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gogo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Wireless Telecommunication Services 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 Gogo. If investors know Gogo 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 Gogo 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
(0.50)
Earnings Share
0.43
Revenue Per Share
3.139
Quarterly Revenue Growth
0.026
Return On Assets
0.0847
The market value of Gogo Inc is measured differently than its book value, which is the value of Gogo that is recorded on the company's balance sheet. Investors also form their own opinion of Gogo's value that differs from its market value or its book value, called intrinsic value, which is Gogo'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 Gogo's market value can be influenced by many factors that don't directly affect Gogo'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 Gogo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gogo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gogo'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.