Gaming Technologies Common Stock Current Ratio

GMGT Stock  USD 0.0001  0.00  0.00%   
Gaming Technologies Common fundamentals help investors to digest information that contributes to Gaming Technologies' financial success or failures. It also enables traders to predict the movement of Gaming Stock. The fundamental analysis module provides a way to measure Gaming Technologies' 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 Gaming Technologies stock.
Last ReportedProjected for Next Year
Current Ratio 0.09  0.08 
Current Ratio is likely to drop to 0.08 in 2024.
  
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Gaming Technologies Common Company Current Ratio Analysis

Gaming Technologies' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Gaming Technologies Current Ratio

    
  0.07 X  
Most of Gaming Technologies' fundamental indicators, such as Current Ratio, 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, Gaming Technologies Common is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Gaming Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Gaming Technologies is extremely important. It helps to project a fair market value of Gaming Stock properly, considering its historical fundamentals such as Current Ratio. Since Gaming Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Gaming Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Gaming Technologies' interrelated accounts and indicators.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

Gaming Price To Sales Ratio

Price To Sales Ratio

480.1

At this time, Gaming Technologies' Price To Sales Ratio is comparatively stable compared to the past year.
In accordance with the recently published financial statements, Gaming Technologies Common has a Current Ratio of 0.07 times. This is 93.0% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The current ratio for all United States stocks is 96.76% higher than that of the company.

Gaming Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Gaming Technologies' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Gaming Technologies could also be used in its relative valuation, which is a method of valuing Gaming Technologies by comparing valuation metrics of similar companies.
Gaming Technologies is currently under evaluation in current ratio category among its peers.

Gaming Fundamentals

About Gaming Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Gaming Technologies Common's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Gaming Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Gaming Technologies Common 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Gaming Stock Analysis

When running Gaming Technologies' price analysis, check to measure Gaming Technologies' 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 Gaming Technologies is operating at the current time. Most of Gaming Technologies' value examination focuses on studying past and present price action to predict the probability of Gaming Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gaming Technologies' price. Additionally, you may evaluate how the addition of Gaming Technologies to your portfolios can decrease your overall portfolio volatility.