Gopro Inc Stock Total Asset
| GPRO Stock | USD 1.22 0.02 1.67% |
GoPro Inc fundamentals help investors to digest information that contributes to GoPro's financial success or failures. It also enables traders to predict the movement of GoPro Stock. The fundamental analysis module provides a way to measure GoPro'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 GoPro stock.
| Last Reported | Projected for Next Year | ||
| Total Assets | 968 M | 921 M | |
| Intangibles To Total Assets | 0.15 | 0.10 |
GoPro | Total Asset |
GoPro Inc Company Total Asset Analysis
GoPro's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current GoPro Total Asset | 967.95 M |
Most of GoPro's fundamental indicators, such as Total Asset, 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, GoPro Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
GoPro Total Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for GoPro is extremely important. It helps to project a fair market value of GoPro Stock properly, considering its historical fundamentals such as Total Asset. Since GoPro's 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 GoPro's 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 GoPro's interrelated accounts and indicators.
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GoPro Total Asset Historical Pattern
Today, most investors in GoPro Stock are looking for potential investment opportunities by analyzing not only static indicators but also various GoPro's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of GoPro total asset as a starting point in their analysis.
GoPro Total Asset |
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Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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GoPro Total Assets
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Based on the latest financial disclosure, GoPro Inc has a Total Asset of 967.95 M. This is 98.53% lower than that of the Household Durables sector and 99.91% lower than that of the Consumer Discretionary industry. The total asset for all United States stocks is 96.72% higher than that of the company.
GoPro Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses GoPro's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of GoPro could also be used in its relative valuation, which is a method of valuing GoPro by comparing valuation metrics of similar companies.GoPro is currently under evaluation in total asset category among its peers.
GoPro Current Valuation Drivers
We derive many important indicators used in calculating different scores of GoPro from analyzing GoPro's financial statements. These drivers represent accounts that assess GoPro's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of GoPro's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 628.8M | 1.2B | 1.6B | 777.8M | 532.1M | 505.5M | |
| Enterprise Value | 699.4M | 1.2B | 1.5B | 738.1M | 438.1M | 416.2M |
GoPro Institutional Holders
Institutional Holdings refers to the ownership stake in GoPro that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of GoPro's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing GoPro's value.| Shares | Two Sigma Investments Llc | 2024-09-30 | 1.4 M | Goldman Sachs Group Inc | 2024-06-30 | 1.2 M | Renaissance Technologies Corp | 2024-09-30 | 1.1 M | Millennium Management Llc | 2024-06-30 | 1.1 M | Northern Trust Corp | 2024-09-30 | 1.1 M | Arrowstreet Capital Limited Partnership | 2024-06-30 | 845 K | Amvescap Plc. | 2024-06-30 | 838.3 K | Walleye Trading Advisors, Llc | 2024-06-30 | 825.1 K | Cubist Systematic Strategies, Llc | 2024-09-30 | 646.8 K | Blackrock Inc | 2024-06-30 | 10.5 M | Vanguard Group Inc | 2024-09-30 | 7.7 M |
GoPro Fundamentals
| Return On Equity | -1.07 | ||||
| Return On Asset | -0.0696 | ||||
| Profit Margin | (0.44) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 183.88 M | ||||
| Shares Outstanding | 128.5 M | ||||
| Shares Owned By Insiders | 2.38 % | ||||
| Shares Owned By Institutions | 54.20 % | ||||
| Number Of Shares Shorted | 5.72 M | ||||
| Price To Earning | 12.16 X | ||||
| Price To Book | 1.03 X | ||||
| Price To Sales | 0.21 X | ||||
| Revenue | 1.01 B | ||||
| Gross Profit | 414.96 M | ||||
| EBITDA | (75.46 M) | ||||
| Net Income | (53.18 M) | ||||
| Cash And Equivalents | 348.78 M | ||||
| Cash Per Share | 2.24 X | ||||
| Total Debt | 128.66 M | ||||
| Debt To Equity | 0.30 % | ||||
| Current Ratio | 2.11 X | ||||
| Book Value Per Share | 1.19 X | ||||
| Cash Flow From Operations | (32.86 M) | ||||
| Short Ratio | 6.32 X | ||||
| Earnings Per Share | (2.61) X | ||||
| Price To Earnings To Growth | 1.01 X | ||||
| Target Price | 1.35 | ||||
| Number Of Employees | 930 | ||||
| Beta | 1.56 | ||||
| Market Capitalization | 188.81 M | ||||
| Total Asset | 967.95 M | ||||
| Retained Earnings | (249.3 M) | ||||
| Working Capital | 203.5 M | ||||
| Current Asset | 833.24 M | ||||
| Current Liabilities | 295.18 M | ||||
| Net Asset | 967.95 M |
About GoPro Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze GoPro Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GoPro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GoPro Inc 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 GoPro
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 GoPro 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 GoPro will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to GoPro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GoPro 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 GoPro - 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 GoPro Inc to buy it.
The correlation of GoPro 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 GoPro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GoPro Inc 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 GoPro 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 GoPro Piotroski F Score and GoPro Altman Z Score analysis. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Consumer Electronics 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 GoPro. If investors know GoPro 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 GoPro 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 (0.94) | Earnings Share (2.61) | Revenue Per Share 5.891 | Quarterly Revenue Growth (0.12) | Return On Assets (0.07) |
The market value of GoPro Inc is measured differently than its book value, which is the value of GoPro that is recorded on the company's balance sheet. Investors also form their own opinion of GoPro's value that differs from its market value or its book value, called intrinsic value, which is GoPro'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 GoPro's market value can be influenced by many factors that don't directly affect GoPro'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 GoPro's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoPro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoPro'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.