Betmakers Other Stockholder Equity vs Total Assets Analysis

BET Stock

0.10 0.01 9.09%

Betmakers Technology financial indicator trend analysis is way more than just evaluating Betmakers Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Betmakers Technology is a good investment. Please check the relationship between Betmakers Technology Other Stockholder Equity and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Betmakers Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Stockholder Equity vs Total Assets

Other Stockholder Equity vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Betmakers Technology Other Stockholder Equity account and Total Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Betmakers Technology's Other Stockholder Equity and Total Assets is 0.74. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Assets in the same time period over historical financial statements of Betmakers Technology Group, assuming nothing else is changed. The correlation between historical values of Betmakers Technology's Other Stockholder Equity and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Betmakers Technology Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Stockholder Equity i.e., Betmakers Technology's Other Stockholder Equity and Total Assets go up and down completely randomly.

Correlation Coefficient

0.74

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Other Stockholder Equity

Total Assets

Total assets refers to the total amount of Betmakers Technology assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Betmakers Technology books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Betmakers Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Betmakers Technology 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 Betmakers Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Betmakers Technology's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 21.9 M in 2024, despite the fact that Discontinued Operations is likely to grow to (4.8 M).

	2021	2022	2023	2024 (projected)
Total Operating Expenses	88.8M	23.7M	62.9M	66.1M
Cost Of Revenue	81.8M	120.4M	37.8M	26.3M

Total Operating Expenses Cost Of Revenue

Betmakers Technology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Assets	Long Term Debt	Other Stockholder Equity	Other Liab	Net Tangible Assets
Total Assets		0.88	0.71	0.77	1.0	0.84	-0.9	-0.7	0.81	0.91	0.93	-0.4	0.91	0.83	0.9	0.84	0.16	0.88	0.97	0.46	0.87	0.59	0.42	0.74	0.7	0.93
Short Long Term Debt Total	0.88		0.78	0.81	0.86	0.92	-0.65	-0.79	0.59	0.68	0.9	0.03	0.68	0.91	0.76	0.68	0.22	0.87	0.79	0.61	0.84	0.44	0.16	0.83	0.46	0.84
Other Current Liab	0.71	0.78		0.99	0.66	0.94	-0.4	-0.96	0.65	0.42	0.9	0.13	0.42	0.94	0.81	0.37	0.28	0.95	0.55	0.69	0.93	0.03	0.31	0.47	0.13	0.8
Total Current Liabilities	0.77	0.81	0.99		0.73	0.95	-0.5	-0.95	0.75	0.52	0.94	0.01	0.52	0.94	0.87	0.45	0.26	0.98	0.64	0.66	0.96	0.1	0.32	0.48	0.23	0.85
Total Stockholder Equity	1.0	0.86	0.66	0.73		0.81	-0.93	-0.66	0.8	0.94	0.91	-0.44	0.94	0.8	0.9	0.87	0.14	0.85	0.98	0.41	0.84	0.62	0.42	0.75	0.73	0.93
Property Plant And Equipment Net	0.84	0.92	0.94	0.95	0.81		-0.58	-0.95	0.69	0.61	0.97	0.08	0.61	0.96	0.85	0.57	0.27	0.96	0.72	0.59	0.97	0.26	0.28	0.71	0.32	0.91
Net Debt	-0.9	-0.65	-0.4	-0.5	-0.93	-0.58		0.4	-0.81	-1.0	-0.73	0.69	-1.0	-0.55	-0.81	-0.92	0.0	-0.65	-0.98	-0.13	-0.66	-0.73	-0.37	-0.65	-0.87	-0.84
Retained Earnings	-0.7	-0.79	-0.96	-0.95	-0.66	-0.95	0.4		-0.63	-0.43	-0.9	-0.19	-0.43	-0.89	-0.81	-0.37	-0.3	-0.91	-0.55	-0.51	-0.95	-0.08	-0.32	-0.58	-0.13	-0.83
Accounts Payable	0.81	0.59	0.65	0.75	0.8	0.69	-0.81	-0.63		0.81	0.8	-0.57	0.81	0.64	0.9	0.69	0.11	0.81	0.83	0.25	0.81	0.38	0.33	0.37	0.61	0.87
Cash	0.91	0.68	0.42	0.52	0.94	0.61	-1.0	-0.43	0.81		0.75	-0.67	1.0	0.57	0.82	0.93	0.0	0.67	0.98	0.16	0.68	0.73	0.36	0.66	0.86	0.85
Non Current Assets Total	0.93	0.9	0.9	0.94	0.91	0.97	-0.73	-0.9	0.8	0.75		-0.16	0.75	0.94	0.95	0.7	0.19	0.98	0.84	0.54	0.98	0.37	0.37	0.7	0.49	0.96
Non Currrent Assets Other	-0.4	0.03	0.13	0.01	-0.44	0.08	0.69	-0.19	-0.57	-0.67	-0.16		-0.67	0.05	-0.4	-0.56	0.2	-0.12	-0.56	0.18	-0.11	-0.47	-0.33	0.05	-0.7	-0.31
Cash And Short Term Investments	0.91	0.68	0.42	0.52	0.94	0.61	-1.0	-0.43	0.81	1.0	0.75	-0.67		0.57	0.82	0.93	0.0	0.67	0.98	0.16	0.68	0.73	0.36	0.66	0.86	0.85
Net Receivables	0.83	0.91	0.94	0.94	0.8	0.96	-0.55	-0.89	0.64	0.57	0.94	0.05	0.57		0.8	0.5	0.26	0.94	0.7	0.79	0.92	0.17	0.27	0.61	0.26	0.83
Good Will	0.9	0.76	0.81	0.87	0.9	0.85	-0.81	-0.81	0.9	0.82	0.95	-0.4	0.82	0.8		0.74	0.08	0.93	0.86	0.36	0.94	0.42	0.45	0.57	0.61	0.96
Non Current Liabilities Total	0.84	0.68	0.37	0.45	0.87	0.57	-0.92	-0.37	0.69	0.93	0.7	-0.56	0.93	0.5	0.74		0.02	0.63	0.9	0.08	0.6	0.88	0.29	0.75	0.96	0.75
Other Current Assets	0.16	0.22	0.28	0.26	0.14	0.27	0.0	-0.3	0.11	0.0	0.19	0.2	0.0	0.26	0.08	0.02		0.23	0.09	0.22	0.23	0.2	0.45	0.22	-0.05	0.16
Total Liab	0.88	0.87	0.95	0.98	0.85	0.96	-0.65	-0.91	0.81	0.67	0.98	-0.12	0.67	0.94	0.93	0.63	0.23		0.78	0.6	0.97	0.29	0.35	0.6	0.43	0.92
Total Current Assets	0.97	0.79	0.55	0.64	0.98	0.72	-0.98	-0.55	0.83	0.98	0.84	-0.56	0.98	0.7	0.86	0.9	0.09	0.78		0.31	0.77	0.68	0.39	0.71	0.8	0.9
Short Term Debt	0.46	0.61	0.69	0.66	0.41	0.59	-0.13	-0.51	0.25	0.16	0.54	0.18	0.16	0.79	0.36	0.08	0.22	0.6	0.31		0.51	-0.2	0.06	0.15	-0.11	0.36
Common Stock	0.87	0.84	0.93	0.96	0.84	0.97	-0.66	-0.95	0.81	0.68	0.98	-0.11	0.68	0.92	0.94	0.6	0.23	0.97	0.77	0.51		0.26	0.39	0.62	0.38	0.96
Other Assets	0.59	0.44	0.03	0.1	0.62	0.26	-0.73	-0.08	0.38	0.73	0.37	-0.47	0.73	0.17	0.42	0.88	0.2	0.29	0.68	-0.2	0.26		0.35	0.71	0.91	0.45
Long Term Debt	0.42	0.16	0.31	0.32	0.42	0.28	-0.37	-0.32	0.33	0.36	0.37	-0.33	0.36	0.27	0.45	0.29	0.45	0.35	0.39	0.06	0.39	0.35		0.23	0.3	0.37
Other Stockholder Equity	0.74	0.83	0.47	0.48	0.75	0.71	-0.65	-0.58	0.37	0.66	0.7	0.05	0.66	0.61	0.57	0.75	0.22	0.6	0.71	0.15	0.62	0.71	0.23		0.58	0.7
Other Liab	0.7	0.46	0.13	0.23	0.73	0.32	-0.87	-0.13	0.61	0.86	0.49	-0.7	0.86	0.26	0.61	0.96	-0.05	0.43	0.8	-0.11	0.38	0.91	0.3	0.58		0.58
Net Tangible Assets	0.93	0.84	0.8	0.85	0.93	0.91	-0.84	-0.83	0.87	0.85	0.96	-0.31	0.85	0.83	0.96	0.75	0.16	0.92	0.9	0.36	0.96	0.45	0.37	0.7	0.58

Click cells to compare fundamentals

Betmakers Technology Account Relationship Matchups

Betmakers Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	62.6M	230.3M	223.1M	199.5M	150.7M	87.8M
Other Current Liab	946.0K	11.2M	16.4M	37.5M	30.2M	31.8M
Total Current Liabilities	1.7M	22.1M	21.3M	45.3M	37.2M	39.1M
Total Stockholder Equity	60.4M	195.4M	189.3M	150.6M	111.6M	70.5M
Property Plant And Equipment Net	701.1K	13.9M	29.7M	32.7M	27.3M	28.7M
Net Debt	(31.2M)	(118.1M)	(82.3M)	(36.3M)	(26.2M)	(27.5M)
Retained Earnings	(26.1M)	(43.5M)	(132.7M)	(165.3M)	(203.5M)	(193.4M)
Accounts Payable	620.2K	9.6M	3.0M	4.1M	5.4M	5.7M
Cash	31.6M	120.6M	87.6M	41.0M	29.3M	29.7M
Non Current Assets Total	28.9M	95.7M	114.0M	124.2M	101.8M	106.8M
Non Currrent Assets Other	(14.5M)	(44.3M)	47K	792K	1.4M	1.5M
Cash And Short Term Investments	31.6M	120.6M	87.6M	41.0M	29.3M	29.7M
Net Receivables	2.0M	9.0M	15.4M	27.6M	14.2M	14.9M
Liabilities And Stockholders Equity	62.6M	230.3M	223.1M	199.5M	150.7M	87.8M
Non Current Liabilities Total	512.6K	12.8M	12.5M	3.7M	1.9M	3.3M
Other Current Assets	60.4K	575.1K	2.1M	2.5M	1.7M	1.6M
Total Liab	2.2M	34.9M	33.8M	48.9M	39.1M	41.1M
Total Current Assets	33.7M	134.6M	109.1M	75.3M	48.9M	39.2M
Common Stock	84.9M	226.0M	252.5M	300.0M	305.2M	320.4M
Other Assets	7.0M	1.0	13.9M	18.5M	1.15	1.09
Other Stockholder Equity	1.6M	12.9M	69.5M	15.9M	18.3M	12.8M
Accumulated Other Comprehensive Income	1.6M	12.9M	69.5M	15.9M	9.9M	11.5M
Other Liab	162.4K	10.7M	7.9M	347K	399.1K	379.1K
Net Tangible Assets	40.3M	127.4M	123.5M	93.9M	108.0M	113.4M
Common Stock Shares Outstanding	457.2M	675.2M	874.3M	933.2M	960.1M	503.5M
Property Plant And Equipment Gross	701.1K	15.1M	34.3M	39.6M	40.3M	42.3M
Intangible Assets	20.1M	68.0M	65.8M	56.7M	28.4M	28.3M
Property Plant Equipment	701.1K	13.9M	29.7M	32.7M	37.6M	39.5M
Long Term Debt Total	350.2K	2.1M	4.6M	3.3M	3.8M	4.0M
Net Invested Capital	60.4M	204.5M	197.7M	150.6M	111.6M	105.3M
Net Working Capital	32.0M	112.5M	87.8M	30.0M	11.7M	11.1M
Capital Stock	84.9M	226.0M	252.5M	300.0M	305.2M	222.0M

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.

Explore Investing Ideas

Additional Tools for Betmakers Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC