Gear4music Total Assets vs Net Debt Analysis

G4M Stock

155.00 5.00 3.12%

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 Total Assets and its Net Debt 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.

Total Assets vs Net Debt

Total Assets vs Net Debt Correlation Analysis

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

The correlation between Gear4music Plc's Total Assets and Net Debt is 0.85. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt 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 Total Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Gear4music Plc are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Assets i.e., Gear4music Plc's Total Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Total Assets

Total assets refers to the total amount of Gear4music Plc 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 Gear4music Plc 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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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.

The current year's Selling General Administrative is expected to grow to about 19.8 M, whereas Tax Provision is projected to grow to (63.6 K).

	2021	2022	2023	2024 (projected)
Interest Expense	958K	1.5M	2.0M	2.1M
Depreciation And Amortization	5.1M	6.1M	6.6M	7.0M

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	0.47	0.84	0.98	0.97	0.85	0.86	0.9	0.78	0.99	0.73	0.78	0.82	0.8	0.82	0.76	0.89	0.98	0.8	0.81	0.98	0.9	0.99	0.22	0.82
Short Long Term Debt Total	0.92		0.39	0.7	0.82	0.89	0.98	0.77	0.72	0.61	0.91	0.87	0.61	0.64	0.74	0.58	0.54	0.96	0.91	0.59	0.59	0.97	0.84	0.9	0.21	0.75
Other Current Liab	0.47	0.39		0.52	0.47	0.44	0.33	0.35	0.44	0.45	0.45	0.29	0.45	0.24	0.37	0.46	0.43	0.3	0.46	0.27	0.45	0.45	0.54	0.47	0.36	0.39
Total Current Liabilities	0.84	0.7	0.52		0.82	0.89	0.55	0.59	0.96	0.98	0.81	0.32	0.98	0.87	0.54	0.85	0.86	0.55	0.79	0.63	0.88	0.83	0.74	0.85	0.66	0.58
Total Stockholder Equity	0.98	0.82	0.47	0.82		0.94	0.74	0.88	0.89	0.77	0.97	0.65	0.77	0.83	0.81	0.87	0.8	0.82	0.95	0.87	0.86	0.93	0.88	0.97	0.16	0.82
Property Plant And Equipment Net	0.97	0.89	0.44	0.89	0.94		0.8	0.81	0.92	0.85	0.97	0.62	0.85	0.8	0.71	0.78	0.72	0.82	0.92	0.73	0.79	0.96	0.88	0.95	0.35	0.76
Net Debt	0.85	0.98	0.33	0.55	0.74	0.8		0.74	0.6	0.45	0.85	0.94	0.45	0.51	0.71	0.45	0.42	0.98	0.86	0.53	0.46	0.91	0.78	0.82	0.07	0.72
Retained Earnings	0.86	0.77	0.35	0.59	0.88	0.81	0.74		0.69	0.54	0.88	0.71	0.54	0.6	0.92	0.64	0.57	0.83	0.84	0.75	0.61	0.82	0.93	0.84	-0.1	0.96
Accounts Payable	0.9	0.72	0.44	0.96	0.89	0.92	0.6	0.69		0.92	0.85	0.41	0.92	0.92	0.59	0.85	0.87	0.63	0.87	0.73	0.88	0.87	0.76	0.92	0.46	0.63
Cash	0.78	0.61	0.45	0.98	0.77	0.85	0.45	0.54	0.92		0.76	0.18	1.0	0.84	0.49	0.85	0.82	0.45	0.7	0.56	0.85	0.75	0.69	0.78	0.7	0.54
Non Current Assets Total	0.99	0.91	0.45	0.81	0.97	0.97	0.85	0.88	0.85	0.76		0.73	0.76	0.76	0.82	0.79	0.72	0.89	0.94	0.8	0.78	0.97	0.91	0.96	0.2	0.85
Long Term Debt	0.73	0.87	0.29	0.32	0.65	0.62	0.94	0.71	0.41	0.18	0.73		0.18	0.37	0.7	0.32	0.29	0.94	0.78	0.53	0.33	0.78	0.68	0.72	-0.23	0.67
Cash And Short Term Investments	0.78	0.61	0.45	0.98	0.77	0.85	0.45	0.54	0.92	1.0	0.76	0.18		0.84	0.49	0.85	0.82	0.45	0.7	0.56	0.85	0.75	0.69	0.78	0.7	0.54
Net Receivables	0.82	0.64	0.24	0.87	0.83	0.8	0.51	0.6	0.92	0.84	0.76	0.37	0.84		0.58	0.9	0.9	0.56	0.82	0.77	0.94	0.78	0.64	0.86	0.42	0.55
Good Will	0.8	0.74	0.37	0.54	0.81	0.71	0.71	0.92	0.59	0.49	0.82	0.7	0.49	0.58		0.69	0.62	0.77	0.77	0.75	0.65	0.76	0.92	0.77	0.0	0.98
Common Stock Total Equity	0.82	0.58	0.46	0.85	0.87	0.78	0.45	0.64	0.85	0.85	0.79	0.32	0.85	0.9	0.69		0.94	0.51	0.77	0.81	0.98	0.74	0.73	0.82	0.43	0.66
Common Stock Shares Outstanding	0.76	0.54	0.43	0.86	0.8	0.72	0.42	0.57	0.87	0.82	0.72	0.29	0.82	0.9	0.62	0.94		0.46	0.75	0.75	0.93	0.71	0.66	0.79	0.45	0.59
Non Current Liabilities Total	0.89	0.96	0.3	0.55	0.82	0.82	0.98	0.83	0.63	0.45	0.89	0.94	0.45	0.56	0.77	0.51	0.46		0.91	0.64	0.5	0.92	0.8	0.87	-0.06	0.77
Inventory	0.98	0.91	0.46	0.79	0.95	0.92	0.86	0.84	0.87	0.7	0.94	0.78	0.7	0.82	0.77	0.77	0.75	0.91		0.78	0.78	0.97	0.85	0.99	0.15	0.77
Other Current Assets	0.8	0.59	0.27	0.63	0.87	0.73	0.53	0.75	0.73	0.56	0.8	0.53	0.56	0.77	0.75	0.81	0.75	0.64	0.78		0.84	0.72	0.7	0.79	-0.04	0.72
Other Stockholder Equity	0.81	0.59	0.45	0.88	0.86	0.79	0.46	0.61	0.88	0.85	0.78	0.33	0.85	0.94	0.65	0.98	0.93	0.5	0.78	0.84		0.75	0.71	0.83	0.46	0.62
Total Liab	0.98	0.97	0.45	0.83	0.93	0.96	0.91	0.82	0.87	0.75	0.97	0.78	0.75	0.78	0.76	0.74	0.71	0.92	0.97	0.72	0.75		0.88	0.98	0.27	0.78
Property Plant And Equipment Gross	0.9	0.84	0.54	0.74	0.88	0.88	0.78	0.93	0.76	0.69	0.91	0.68	0.69	0.64	0.92	0.73	0.66	0.8	0.85	0.7	0.71	0.88		0.86	0.23	0.96
Total Current Assets	0.99	0.9	0.47	0.85	0.97	0.95	0.82	0.84	0.92	0.78	0.96	0.72	0.78	0.86	0.77	0.82	0.79	0.87	0.99	0.79	0.83	0.98	0.86		0.23	0.77
Short Term Debt	0.22	0.21	0.36	0.66	0.16	0.35	0.07	-0.1	0.46	0.7	0.2	-0.23	0.7	0.42	0.0	0.43	0.45	-0.06	0.15	-0.04	0.46	0.27	0.23	0.23		0.02
Intangible Assets	0.82	0.75	0.39	0.58	0.82	0.76	0.72	0.96	0.63	0.54	0.85	0.67	0.54	0.55	0.98	0.66	0.59	0.77	0.77	0.72	0.62	0.78	0.96	0.77	0.02

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Gear4music Plc Account Relationship Matchups

Gear4music Plc fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	61.6M	67.7M	94.3M	84.6M	75.2M	48.7M
Short Long Term Debt Total	24.1M	12.9M	37.7M	27.6M	21.4M	15.1M
Other Current Liab	197K	3.1M	3.6M	5.1M	3.6M	2.6M
Total Current Liabilities	25.5M	20.6M	17.4M	18.8M	15.3M	14.7M
Total Stockholder Equity	21.6M	34.3M	38.0M	37.2M	38.4M	21.0M
Property Plant And Equipment Net	20.2M	19.1M	21.2M	19.2M	19.0M	11.4M
Net Debt	16.2M	6.7M	33.8M	23.1M	16.7M	11.0M
Retained Earnings	4.7M	17.5M	21.1M	20.7M	21.7M	22.8M
Accounts Payable	10.1M	11.4M	9.5M	9.3M	6.9M	7.0M
Cash	7.8M	6.2M	3.9M	4.5M	4.7M	4.1M
Non Current Assets Total	29.3M	29.5M	41.0M	41.3M	41.0M	21.8M
Long Term Debt	3.4M	2.9M	28M	19M	12M	7.9M
Cash And Short Term Investments	7.8M	6.2M	3.9M	4.5M	4.7M	4.1M
Net Receivables	1.7M	1.6M	1.8M	1.2M	1.1M	1.1M
Common Stock Shares Outstanding	21.2M	21.2M	21.5M	21.0M	22.1M	18.6M
Liabilities And Stockholders Equity	61.6M	67.7M	94.3M	84.6M	75.2M	48.7M
Non Current Liabilities Total	14.5M	12.8M	38.8M	28.6M	21.6M	13.1M
Inventory	22.0M	28.4M	45.5M	34.4M	25.6M	20.5M
Other Current Assets	850.0K	2.1M	2.1M	3.3M	2.7M	1.6M
Other Stockholder Equity	13.2M	13.2M	13.2M	13.3M	15.3M	10.8M
Total Liab	40.0M	33.4M	56.2M	47.4M	36.8M	27.7M
Total Current Assets	32.4M	38.3M	53.3M	43.3M	34.2M	26.9M
Accumulated Other Comprehensive Income	1.6M	1.6M	1.5M	1.1M	1.3M	1.3M
Short Term Debt	11.1M	1.7M	1.2M	1.1M	1.8M	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	(29.3M)	(29.5M)	(41.0M)	(41.3M)	16.7M	17.6M

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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 Total Assets vs Net Debt Analysis

Total Assets vs Net Debt

Total Assets vs Net Debt Correlation Analysis

Correlation Coefficient

Total Assets

Net Debt

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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Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Inventory
Total Stockholder Equity	+ 0.98	Total Assets
Inventory	+ 0.98	Total Assets

Short Term Debt	- 0.23	Long Term Debt
Short Term Debt	- 0.1	Retained Earnings
Short Term Debt	- 0.06	Non Current Liabilities Total
Short Term Debt	- 0.04	Other Current Assets
Short Term Debt	- 0.0	Good Will