Allied Free Cash Flow vs Free Cash Flow Yield Analysis
| AGAE Stock | 1.01 0.01 0.98% |
Allied Gaming financial indicator trend analysis is way more than just evaluating Allied Gaming Entert prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allied Gaming Entert is a good investment. Please check the relationship between Allied Gaming Free Cash Flow and its Free Cash Flow Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allied Gaming Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Free Cash Flow vs Free Cash Flow Yield
Free Cash Flow vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allied Gaming Entert Free Cash Flow account and Free Cash Flow Yield. At this time, the significance of the direction appears to have strong relationship.
The correlation between Allied Gaming's Free Cash Flow and Free Cash Flow Yield is 0.64. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Allied Gaming Entertainment, assuming nothing else is changed. The correlation between historical values of Allied Gaming's Free Cash Flow and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Allied Gaming Entertainment are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Free Cash Flow i.e., Allied Gaming's Free Cash Flow and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.64 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Most indicators from Allied Gaming's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allied Gaming Entert current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allied Gaming Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At present, Allied Gaming's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 1.24, whereas Enterprise Value Over EBITDA is projected to grow to (7.34).
| 2023 | 2024 (projected) | Depreciation And Amortization | 1.5M | 3.0M | Interest Income | 710.4K | 1.2M |
Allied Gaming fundamental ratios Correlations
Click cells to compare fundamentals
Allied Gaming Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Allied Gaming fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 71.3M | 61.9M | 105.8M | 97.7M | 112.0M | 105.6M | |
| Other Current Liab | 6.0M | 20.7M | 4.8M | 1.6M | 763.5K | 725.3K | |
| Total Current Liabilities | 24.6M | 18.9M | 5.2M | 3.3M | 12.0M | 9.8M | |
| Total Stockholder Equity | 44.2M | 33.4M | 98.6M | 87.9M | 82.7M | 65.7M | |
| Other Liab | 1.4M | 2.5M | 5.2M | 1.9M | 2.2M | 2.3M | |
| Net Tangible Assets | 25.3M | 33.4M | 98.6M | 87.9M | 101.1M | 106.1M | |
| Retained Earnings | (117.2M) | (162.3M) | (99.4M) | (110.2M) | (113.7M) | (119.4M) | |
| Accounts Payable | 956.9K | 901.4K | 341.2K | 317.6K | 371.8K | 381.3K | |
| Cash | 8.4M | 424.2K | 92.9M | 11.2M | 16.3M | 18.2M | |
| Non Current Assets Total | 55.7M | 49.6M | 11.5M | 15.4M | 33.7M | 44.6M | |
| Non Currrent Assets Other | 11.7M | 40.3M | 5.4M | 5.4M | 5.4M | 5.2M | |
| Other Assets | 11.7M | 625K | 5.4M | 5.5M | 4.9M | 5.9M | |
| Cash And Short Term Investments | 8.4M | 424.2K | 92.9M | 81.2M | 72.8M | 76.5M | |
| Net Receivables | 2.1M | 271.1K | 389.0K | 750.1K | 529.4K | 688.0K | |
| Common Stock Total Equity | 135.5M | 2.3K | 3.9K | 3.9K | 3.5K | 3.3K | |
| Common Stock Shares Outstanding | 16.2M | 28.7M | 39.0M | 39.1M | 37.2M | 23.2M | |
| Liabilities And Stockholders Equity | 71.3M | 61.9M | 105.8M | 97.7M | 112.0M | 100.3M | |
| Non Current Liabilities Total | 2.5M | 9.6M | 1.9M | 6.5M | 6.7M | 3.7M | |
| Capital Surpluse | 3.8M | 161.3M | 195.5M | 198.5M | 228.3M | 239.7M | |
| Other Current Assets | 1.4M | 46.3M | 984.8K | 459.3K | 4.7M | 7.4M | |
| Other Stockholder Equity | 161.3M | 195.5M | 197.8M | 197.9M | 196.0M | 131.6M | |
| Total Liab | 27.1M | 28.5M | 7.2M | 9.8M | 18.6M | 13.8M | |
| Deferred Long Term Liab | 5.0M | 9.1M | 11.0M | 1.7M | 1.5M | 1.4M | |
| Property Plant And Equipment Gross | 20.6M | 9.3M | 15.9M | 9.9M | 21.5M | 22.6M | |
| Short Long Term Debt | 350K | 13.8M | 539.1K | 9.2M | 10.6M | 11.1M | |
| Total Current Assets | 15.6M | 12.3M | 94.3M | 82.4M | 78.3M | 39.5M | |
| Accumulated Other Comprehensive Income | 136.2K | 191.0K | 269.6K | 219.7K | 433.6K | 455.2K | |
| Short Term Debt | 13.8M | 4.0M | 4.8M | 1.2M | 10.7M | 11.2M | |
| Intangible Assets | 14.8M | 30.8K | 26.8K | 72.6K | 6.3M | 8.2M | |
| Common Stock | 2.3K | 3.9K | 3.9K | 3.9K | 3.5K | 3.3K | |
| Property Plant Equipment | 20.6M | 9.3M | 6.1M | 4.0M | 3.6M | 3.4M | |
| Net Debt | 5.4M | 4.5M | (92.9M) | (3.4M) | (47.2K) | (49.5K) | |
| Net Invested Capital | 58.1M | 38.3M | 98.6M | 87.9M | 92.0M | 74.9M | |
| Net Working Capital | (9.0M) | (6.6M) | 89.0M | 79.1M | 66.4M | 34.3M | |
| Current Deferred Revenue | 3.9M | 57.0K | 141.8K | 108.4K | 103.7K | 98.6K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Allied Gaming Entert is a strong investment it is important to analyze Allied Gaming's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Allied Gaming's future performance. For an informed investment choice regarding Allied Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allied Gaming Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Hotels, Restaurants & Leisure 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 Allied Gaming. If investors know Allied 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 Allied Gaming listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.27) | Revenue Per Share 0.211 | Quarterly Revenue Growth (0.19) | Return On Assets (0.06) | Return On Equity (0.08) |
The market value of Allied Gaming Entert is measured differently than its book value, which is the value of Allied that is recorded on the company's balance sheet. Investors also form their own opinion of Allied Gaming's value that differs from its market value or its book value, called intrinsic value, which is Allied Gaming'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 Allied Gaming's market value can be influenced by many factors that don't directly affect Allied Gaming'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 Allied Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allied Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allied Gaming'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.