Contagious Net Receivables vs Total Stockholder Equity Analysis
CNS Stock | CAD 0.01 0.00 0.00% |
Contagious Gaming financial indicator trend analysis is way more than just evaluating Contagious Gaming prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Contagious Gaming is a good investment. Please check the relationship between Contagious Gaming Net Receivables and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Contagious Gaming. 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.
Net Receivables vs Total Stockholder Equity
Net Receivables vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Contagious Gaming Net Receivables account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Contagious Gaming's Net Receivables and Total Stockholder Equity is 0.57. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Contagious Gaming, assuming nothing else is changed. The correlation between historical values of Contagious Gaming's Net Receivables and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Contagious Gaming are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Receivables i.e., Contagious Gaming's Net Receivables and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Receivables
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Contagious Gaming's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Contagious Gaming 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 Contagious Gaming. 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. Discontinued Operations is likely to climb to about (117.5 K) in 2024. Selling General Administrative is likely to drop to about 134.4 K in 2024
Contagious Gaming fundamental ratios Correlations
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Contagious Gaming Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Contagious Gaming fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 157.3K | 47.4K | 23.3K | 36.6K | 8.4K | 8.0K | |
Total Current Liabilities | 1.5M | 1.5M | 1.9M | 2.3M | 1.6M | 1.7M | |
Total Stockholder Equity | (1.3M) | (1.4M) | (1.9M) | (2.2M) | (1.6M) | (1.5M) | |
Net Tangible Assets | (986.3K) | (1.5M) | (1.7M) | (2.1M) | (1.9M) | (2.0M) | |
Retained Earnings | (25.3M) | (26.3M) | (26.7M) | (27.2M) | (27.0M) | (28.4M) | |
Accounts Payable | 596.9K | 830.0K | 948.8K | 952.8K | 787.7K | 788.5K | |
Cash | 143.7K | 34.3K | 11.5K | 26.4K | 4.5K | 4.3K | |
Total Liab | 1.5M | 1.5M | 1.9M | 2.3M | 1.6M | 1.6M | |
Total Current Assets | 157.3K | 47.4K | 23.3K | 36.6K | 8.4K | 8.0K | |
Net Invested Capital | (1.0M) | (1.1M) | (1.6M) | (1.9M) | (1.3M) | (1.4M) | |
Net Working Capital | (1.3M) | (1.4M) | (1.9M) | (2.2M) | (1.6M) | (1.7M) | |
Net Debt | 156.3K | 265.7K | 288.5K | 273.6K | 295.5K | 237.0K |
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When running Contagious Gaming's price analysis, check to measure Contagious Gaming'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 Contagious Gaming is operating at the current time. Most of Contagious Gaming's value examination focuses on studying past and present price action to predict the probability of Contagious Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Contagious Gaming's price. Additionally, you may evaluate how the addition of Contagious Gaming to your portfolios can decrease your overall portfolio volatility.