Gear4music Inventory vs Other Current Liab Analysis

G4M Stock

152.50 0.00 0.00%

Gear4music Plc financial indicator trend analysis is much more than just examining Gear4music Plc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gear4music Plc is a good investment. Please check the relationship between Gear4music Plc Inventory and its Other Current Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gear4music Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Inventory vs Other Current Liab

Inventory vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gear4music Plc Inventory account and Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Gear4music Plc's Inventory and Other Current Liab is 0.82. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Gear4music Plc, assuming nothing else is changed. The correlation between historical values of Gear4music Plc's Inventory and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Gear4music Plc are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Inventory i.e., Gear4music Plc's Inventory and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.82

Relationship Direction	Positive
Relationship Strength	Strong

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Inventory

Other Current Liab

Most indicators from Gear4music Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gear4music Plc 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gear4music Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

As of February 5, 2025, Selling General Administrative is expected to decline to about 19.8 M. The current year's Tax Provision is expected to grow to about (73.2 K)

	2022	2023	2024	2025 (projected)
Interest Expense	1.5M	2.0M	2.3M	2.5M
Depreciation And Amortization	6.1M	6.6M	7.6M	8.0M

Interest Expense Depreciation And Amortization

Gear4music Plc 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	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.92	0.84	0.84	0.92	0.97	0.86	0.86	0.88	0.79	0.92	0.75	0.79	0.81	0.83	0.83	0.79	0.9	0.97	0.85	0.88	0.98	0.88	0.99	0.18	0.85
Short Long Term Debt Total	0.92		0.66	0.71	0.78	0.9	0.98	0.77	0.73	0.63	0.84	0.88	0.63	0.65	0.77	0.61	0.58	0.97	0.92	0.74	0.69	0.97	0.82	0.9	0.18	0.78
Other Current Liab	0.84	0.66		0.79	0.82	0.77	0.57	0.69	0.82	0.71	0.76	0.54	0.71	0.78	0.75	0.89	0.89	0.63	0.82	0.75	0.91	0.78	0.76	0.85	0.22	0.73
Total Current Liabilities	0.84	0.71	0.79		0.76	0.88	0.57	0.59	0.96	0.98	0.75	0.35	0.98	0.87	0.57	0.87	0.86	0.57	0.8	0.61	0.93	0.84	0.72	0.86	0.63	0.61
Total Stockholder Equity	0.92	0.78	0.82	0.76		0.88	0.71	0.96	0.82	0.74	0.98	0.62	0.74	0.76	0.93	0.82	0.78	0.78	0.88	0.95	0.85	0.87	0.96	0.9	0.12	0.95
Property Plant And Equipment Net	0.97	0.9	0.77	0.88	0.88		0.82	0.81	0.9	0.85	0.9	0.65	0.85	0.8	0.75	0.79	0.75	0.84	0.92	0.81	0.87	0.96	0.87	0.95	0.3	0.8
Net Debt	0.86	0.98	0.57	0.57	0.71	0.82		0.74	0.61	0.48	0.78	0.94	0.48	0.53	0.74	0.49	0.46	0.98	0.87	0.7	0.57	0.91	0.77	0.84	0.05	0.74
Retained Earnings	0.86	0.77	0.69	0.59	0.96	0.81	0.74		0.67	0.57	0.96	0.7	0.57	0.59	0.94	0.64	0.6	0.82	0.82	0.97	0.68	0.81	0.94	0.82	-0.11	0.97
Accounts Payable	0.88	0.73	0.82	0.96	0.82	0.9	0.61	0.67		0.92	0.78	0.43	0.92	0.92	0.61	0.87	0.87	0.64	0.88	0.67	0.92	0.87	0.72	0.92	0.44	0.64
Cash	0.79	0.63	0.71	0.98	0.74	0.85	0.48	0.57	0.92		0.72	0.22	1.0	0.84	0.53	0.87	0.83	0.49	0.72	0.58	0.9	0.77	0.69	0.79	0.66	0.58
Non Current Assets Total	0.92	0.84	0.76	0.75	0.98	0.9	0.78	0.96	0.78	0.72		0.68	0.72	0.7	0.94	0.75	0.71	0.83	0.87	0.96	0.8	0.89	0.99	0.88	0.16	0.97
Long Term Debt	0.75	0.88	0.54	0.35	0.62	0.65	0.94	0.7	0.43	0.22	0.68		0.22	0.39	0.72	0.36	0.34	0.95	0.8	0.66	0.42	0.79	0.67	0.73	-0.23	0.7
Cash And Short Term Investments	0.79	0.63	0.71	0.98	0.74	0.85	0.48	0.57	0.92	1.0	0.72	0.22		0.84	0.53	0.87	0.83	0.49	0.72	0.58	0.9	0.77	0.69	0.79	0.66	0.58
Net Receivables	0.81	0.65	0.78	0.87	0.76	0.8	0.53	0.59	0.92	0.84	0.7	0.39	0.84		0.6	0.92	0.89	0.58	0.82	0.57	0.93	0.78	0.62	0.86	0.4	0.57
Good Will	0.83	0.77	0.75	0.57	0.93	0.75	0.74	0.94	0.61	0.53	0.94	0.72	0.53	0.6		0.7	0.67	0.8	0.8	0.93	0.71	0.79	0.94	0.79	-0.02	0.98
Common Stock Total Equity	0.83	0.61	0.89	0.87	0.82	0.79	0.49	0.64	0.87	0.87	0.75	0.36	0.87	0.92	0.7		0.95	0.54	0.79	0.66	0.98	0.76	0.72	0.84	0.41	0.67
Common Stock Shares Outstanding	0.79	0.58	0.89	0.86	0.78	0.75	0.46	0.6	0.87	0.83	0.71	0.34	0.83	0.89	0.67	0.95		0.51	0.76	0.61	0.94	0.73	0.68	0.81	0.41	0.64
Non Current Liabilities Total	0.9	0.97	0.63	0.57	0.78	0.84	0.98	0.82	0.64	0.49	0.83	0.95	0.49	0.58	0.8	0.54	0.51		0.91	0.78	0.61	0.93	0.8	0.88	-0.08	0.8
Inventory	0.97	0.92	0.82	0.8	0.88	0.92	0.87	0.82	0.88	0.72	0.87	0.8	0.72	0.82	0.8	0.79	0.76	0.91		0.79	0.85	0.97	0.82	0.99	0.13	0.79
Other Current Assets	0.85	0.74	0.75	0.61	0.95	0.81	0.7	0.97	0.67	0.58	0.96	0.66	0.58	0.57	0.93	0.66	0.61	0.78	0.79		0.7	0.8	0.95	0.8	-0.06	0.97
Other Stockholder Equity	0.88	0.69	0.91	0.93	0.85	0.87	0.57	0.68	0.92	0.9	0.8	0.42	0.9	0.93	0.71	0.98	0.94	0.61	0.85	0.7		0.83	0.77	0.89	0.44	0.7
Total Liab	0.98	0.97	0.78	0.84	0.87	0.96	0.91	0.81	0.87	0.77	0.89	0.79	0.77	0.78	0.79	0.76	0.73	0.93	0.97	0.8	0.83		0.86	0.98	0.24	0.81
Property Plant And Equipment Gross	0.88	0.82	0.76	0.72	0.96	0.87	0.77	0.94	0.72	0.69	0.99	0.67	0.69	0.62	0.94	0.72	0.68	0.8	0.82	0.95	0.77	0.86		0.84	0.18	0.97
Total Current Assets	0.99	0.9	0.85	0.86	0.9	0.95	0.84	0.82	0.92	0.79	0.88	0.73	0.79	0.86	0.79	0.84	0.81	0.88	0.99	0.8	0.89	0.98	0.84		0.21	0.8
Short Term Debt	0.18	0.18	0.22	0.63	0.12	0.3	0.05	-0.11	0.44	0.66	0.16	-0.23	0.66	0.4	-0.02	0.41	0.41	-0.08	0.13	-0.06	0.44	0.24	0.18	0.21		0.0
Intangible Assets	0.85	0.78	0.73	0.61	0.95	0.8	0.74	0.97	0.64	0.58	0.97	0.7	0.58	0.57	0.98	0.67	0.64	0.8	0.79	0.97	0.7	0.81	0.97	0.8	0.0

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Gear4music Plc Account Relationship Matchups

Gear4music Plc fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	67.7M	94.3M	84.6M	75.2M	86.5M	48.7M
Short Long Term Debt Total	12.9M	37.7M	27.6M	21.4M	24.6M	15.1M
Total Current Liabilities	20.6M	17.4M	18.8M	15.3M	17.6M	14.7M
Total Stockholder Equity	34.3M	38.0M	37.2M	38.4M	44.1M	46.3M
Property Plant And Equipment Net	19.1M	21.2M	19.2M	19.0M	21.8M	11.4M
Net Debt	6.7M	33.8M	23.1M	16.7M	19.2M	11.0M
Retained Earnings	17.5M	21.1M	20.7M	21.7M	25.0M	26.2M
Accounts Payable	11.4M	9.5M	9.3M	6.9M	7.9M	7.0M
Cash	6.2M	3.9M	4.5M	4.7M	5.4M	4.1M
Non Current Assets Total	29.5M	41.0M	41.3M	41.0M	47.2M	49.5M
Long Term Debt	2.9M	28M	19M	12M	13.8M	7.9M
Cash And Short Term Investments	6.2M	3.9M	4.5M	4.7M	5.4M	4.1M
Net Receivables	1.6M	1.8M	1.2M	1.1M	1.3M	1.1M
Common Stock Shares Outstanding	21.2M	21.5M	21.0M	22.1M	25.4M	18.6M
Liabilities And Stockholders Equity	67.7M	94.3M	84.6M	75.2M	86.5M	48.7M
Non Current Liabilities Total	12.8M	38.8M	28.6M	21.6M	24.8M	13.1M
Inventory	28.4M	45.5M	34.4M	25.6M	29.5M	20.5M
Other Current Assets	2.1M	2.1M	3.3M	2.7M	3.1M	3.3M
Total Liab	33.4M	56.2M	47.4M	36.8M	42.4M	27.7M
Property Plant And Equipment Gross	19.1M	31.3M	32.3M	34.9M	40.1M	42.1M
Total Current Assets	38.3M	53.3M	43.3M	34.2M	39.3M	26.9M
Accumulated Other Comprehensive Income	1.6M	1.5M	1.1M	1.3M	1.5M	1.5M
Short Term Debt	1.7M	1.2M	1.1M	1.8M	2.1M	3.3M
Intangible Assets	7.2M	8.5M	14.5M	16.7M	19.2M	20.2M
Property Plant Equipment	20.2M	19.1M	21.2M	19.2M	22.1M	23.2M
Other Liab	1.5M	1.6M	2.4M	2.1M	2.5M	1.3M
Net Tangible Assets	12.5M	23.9M	18.2M	15.2M	17.5M	11.0M
Current Deferred Revenue	(8.6M)	4.2M	7.5M	8.3M	9.6M	10.1M
Non Currrent Assets Other	(29.5M)	(41.0M)	(41.3M)	16.7M	15.1M	15.8M
Capital Lease Obligations	9.4M	9.7M	8.6M	9.4M	10.8M	7.5M
Net Invested Capital	37.8M	66.0M	56.2M	50.4M	57.9M	50.0M
Net Working Capital	17.7M	35.8M	24.6M	18.9M	21.8M	20.6M

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Other Information on Investing in Gear4music Stock

Balance Sheet is a snapshot of the financial position of Gear4music Plc at a specified time, usually calculated after every quarter, six months, or one year. Gear4music Plc Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gear4music Plc and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Gear4music currently owns. An asset can also be divided into two categories, current and non-current.

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Gear4music Inventory vs Other Current Liab Analysis

Inventory vs Other Current Liab

Inventory vs Other Current Liab Correlation Analysis

Correlation Coefficient

Inventory

Other Current Liab

Gear4music Plc fundamental ratios Correlations

Gear4music Plc Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Gear4music Plc fundamental ratios Accounts

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Other Information on Investing in Gear4music Stock

COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Total Assets
Property Plant And Equipment Gross	+ 0.99	Non Current Assets Total
Total Current Assets	+ 0.99	Inventory
Total Liab	+ 0.98	Total Assets
Net Debt	+ 0.98	Short Long Term Debt Total

Short Term Debt	- 0.23	Long Term Debt
Short Term Debt	- 0.11	Retained Earnings
Short Term Debt	- 0.08	Non Current Liabilities Total
Short Term Debt	- 0.06	Other Current Assets
Short Term Debt	- 0.02	Good Will
Intangible Assets	- 0.0	Short Term Debt