Esports Entertainment Group Preferred Stock Cash Flow From Operations
| GMBLPDelisted Preferred Stock | USD 5.90 0.12 1.99% |
Esports Entertainment Group fundamentals help investors to digest information that contributes to Esports Entertainment's financial success or failures. It also enables traders to predict the movement of Esports Pink Sheet. The fundamental analysis module provides a way to measure Esports Entertainment's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Esports Entertainment pink sheet.
Esports |
Esports Entertainment Group Company Cash Flow From Operations Analysis
Esports Entertainment's Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Current Esports Entertainment Cash Flow From Operations | (21.01 M) |
Most of Esports Entertainment's fundamental indicators, such as Cash Flow From Operations, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Esports Entertainment Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
CompetitionIn accordance with the recently published financial statements, Esports Entertainment Group has (21.01 Million) in Cash Flow From Operations. This is 102.91% lower than that of the Consumer Cyclical sector and 180.79% lower than that of the Gambling industry. The cash flow from operations for all United States preferred stocks is 102.16% higher than that of the company.
Esports Cash Flow From Operations Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Esports Entertainment's direct or indirect competition against its Cash Flow From Operations to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Esports Entertainment could also be used in its relative valuation, which is a method of valuing Esports Entertainment by comparing valuation metrics of similar companies.Esports Entertainment is currently under evaluation in cash flow from operations category among its peers.
Esports Fundamentals
| Return On Equity | -3.23 | ||||
| Return On Asset | -0.27 | ||||
| Profit Margin | (2.05) % | ||||
| Operating Margin | (0.78) % | ||||
| Shares Owned By Institutions | 0.33 % | ||||
| Number Of Shares Shorted | 24.5 K | ||||
| Revenue | 58.35 M | ||||
| Gross Profit | 34.19 M | ||||
| EBITDA | 115.03 M | ||||
| Net Income | (102.23 M) | ||||
| Cash And Equivalents | 2.98 M | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 33.28 M | ||||
| Current Ratio | 0.16 X | ||||
| Book Value Per Share | (0.23) X | ||||
| Cash Flow From Operations | (21.01 M) | ||||
| Short Ratio | 1.80 X | ||||
| Earnings Per Share | (4.34) X | ||||
| Beta | 1.47 | ||||
| Total Asset | 64.86 M | ||||
| Z Score | 3.3 | ||||
| Annual Yield | 0.17 % | ||||
| Net Asset | 64.86 M |
About Esports Entertainment Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Esports Entertainment Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Esports Entertainment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Esports Entertainment Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Esports Entertainment
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 Esports Entertainment 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 Esports Entertainment will appreciate offsetting losses from the drop in the long position's value.Moving against Esports Pink Sheet
| 0.75 | IGT | International Game | PairCorr |
| 0.71 | LNW | Light Wonder | PairCorr |
| 0.61 | ACEL | Accel Entertainment | PairCorr |
| 0.56 | INSE | Inspired Entertainment | PairCorr |
| 0.36 | GMBLW | Esports Entertainment | PairCorr |
The ability to find closely correlated positions to Esports Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Esports Entertainment 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 Esports Entertainment - 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 Esports Entertainment Group to buy it.
The correlation of Esports Entertainment 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 Esports Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Esports Entertainment 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 Esports Entertainment 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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Other Consideration for investing in Esports Pink Sheet
If you are still planning to invest in Esports Entertainment check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Esports Entertainment's history and understand the potential risks before investing.
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