Gamma Good Will vs Total Current Liabilities Analysis

GAMA Stock   1,354  8.00  0.59%   
Gamma Communications financial indicator trend analysis is much more than just examining Gamma Communications PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gamma Communications PLC is a good investment. Please check the relationship between Gamma Communications Good Will and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gamma Communications 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 board of governors.

Good Will vs Total Current Liabilities

Good Will vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gamma Communications PLC Good Will account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Gamma Communications' Good Will and Total Current Liabilities is 0.92. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Gamma Communications PLC, assuming nothing else is changed. The correlation between historical values of Gamma Communications' Good Will and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Gamma Communications PLC are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Good Will i.e., Gamma Communications' Good Will and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Total Current Liabilities

Total Current Liabilities is an item on Gamma Communications balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Gamma Communications PLC are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Gamma Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gamma Communications 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 Gamma Communications 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 board of governors.
Issuance Of Capital Stock is likely to gain to about 2.8 M in 2025, whereas Selling General Administrative is likely to drop slightly above 57.8 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit220.5M235.9M271.3M136.0M
Total Revenue484.6M521.7M600.0M313.0M

Gamma Communications fundamental ratios Correlations

0.760.991.00.840.960.970.98-0.490.990.62-0.630.730.90.96-0.460.80.76-0.931.00.990.96-0.760.870.950.94
0.760.780.740.370.610.840.78-0.40.810.83-0.260.950.80.61-0.370.870.94-0.620.740.770.6-0.530.670.810.65
0.990.780.980.840.950.970.98-0.480.990.58-0.620.760.890.92-0.460.80.79-0.910.980.960.94-0.790.870.950.89
1.00.740.980.840.970.960.98-0.470.970.62-0.630.710.880.97-0.460.790.75-0.941.00.990.96-0.760.860.940.96
0.840.370.840.840.940.710.8-0.270.790.14-0.640.370.60.89-0.420.470.38-0.910.840.80.94-0.660.80.710.8
0.960.610.950.970.940.880.95-0.410.920.41-0.660.590.770.95-0.520.650.61-0.980.960.931.0-0.750.870.860.91
0.970.840.970.960.710.880.97-0.540.980.73-0.570.790.940.88-0.440.850.84-0.850.960.960.88-0.710.810.970.88
0.980.780.980.980.80.950.97-0.550.980.6-0.630.770.890.91-0.50.80.81-0.920.980.960.95-0.770.860.950.89
-0.49-0.4-0.48-0.47-0.27-0.41-0.54-0.55-0.53-0.390.45-0.43-0.57-0.420.11-0.51-0.510.39-0.49-0.5-0.420.42-0.34-0.59-0.45
0.990.810.990.970.790.920.980.98-0.530.64-0.590.780.940.91-0.430.850.81-0.880.980.980.92-0.750.840.980.89
0.620.830.580.620.140.410.730.6-0.390.64-0.140.740.760.54-0.140.840.77-0.40.620.690.41-0.290.40.730.6
-0.63-0.26-0.62-0.63-0.64-0.66-0.57-0.630.45-0.59-0.14-0.21-0.41-0.630.08-0.38-0.380.6-0.64-0.6-0.670.76-0.72-0.55-0.61
0.730.950.760.710.370.590.790.77-0.430.780.74-0.210.80.57-0.420.80.96-0.60.710.730.58-0.560.640.780.62
0.90.80.890.880.60.770.940.89-0.570.940.76-0.410.80.82-0.320.850.81-0.720.880.910.77-0.620.690.970.79
0.960.610.920.970.890.950.880.91-0.420.910.54-0.630.570.82-0.40.710.59-0.920.970.970.95-0.670.830.890.97
-0.46-0.37-0.46-0.46-0.42-0.52-0.44-0.50.11-0.43-0.140.08-0.42-0.32-0.4-0.25-0.340.54-0.45-0.4-0.510.35-0.44-0.35-0.43
0.80.870.80.790.470.650.850.8-0.510.850.84-0.380.80.850.71-0.250.83-0.60.790.850.65-0.50.620.890.71
0.760.940.790.750.380.610.840.81-0.510.810.77-0.380.960.810.59-0.340.83-0.610.750.760.61-0.620.660.830.65
-0.93-0.62-0.91-0.94-0.91-0.98-0.85-0.920.39-0.88-0.40.6-0.6-0.72-0.920.54-0.6-0.61-0.94-0.89-0.980.69-0.82-0.81-0.89
1.00.740.981.00.840.960.960.98-0.490.980.62-0.640.710.880.97-0.450.790.75-0.940.990.96-0.750.860.950.95
0.990.770.960.990.80.930.960.96-0.50.980.69-0.60.730.910.97-0.40.850.76-0.890.990.93-0.70.830.970.95
0.960.60.940.960.941.00.880.95-0.420.920.41-0.670.580.770.95-0.510.650.61-0.980.960.93-0.740.870.860.91
-0.76-0.53-0.79-0.76-0.66-0.75-0.71-0.770.42-0.75-0.290.76-0.56-0.62-0.670.35-0.5-0.620.69-0.75-0.7-0.74-0.79-0.66-0.73
0.870.670.870.860.80.870.810.86-0.340.840.4-0.720.640.690.83-0.440.620.66-0.820.860.830.87-0.790.780.82
0.950.810.950.940.710.860.970.95-0.590.980.73-0.550.780.970.89-0.350.890.83-0.810.950.970.86-0.660.780.85
0.940.650.890.960.80.910.880.89-0.450.890.6-0.610.620.790.97-0.430.710.65-0.890.950.950.91-0.730.820.85
Click cells to compare fundamentals

Gamma Communications Account Relationship Matchups

Gamma Communications fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets321.9M361.8M406.8M474.8M546.0M573.3M
Other Current Liab53.5M49.3M50.5M43.6M50.1M27.2M
Total Current Liabilities74.6M66.2M72.6M89.1M102.5M107.6M
Total Stockholder Equity212.8M258.7M301.1M345.1M396.9M416.7M
Accounts Payable9.4M5.7M9.5M28M32.2M33.8M
Net Receivables96.3M103.5M116.3M108.6M124.9M131.1M
Other Current Assets2.6M5.1M6.9M3.6M3.2M3.1M
Total Liab117.5M107.6M107.1M130.6M150.2M157.7M
Intangible Assets95.3M129.3M124.3M42M48.3M27.6M
Property Plant Equipment43.5M47.8M47M42.9M49.3M26.9M
Other Liab15.1M27.5M29.1M24.2M27.8M29.2M
Good Will46.2M83.1M76.7M112.7M129.6M136.1M
Long Term Debt4.6M2.5M1.7M1.4M1.3M1.9M
Short Long Term Debt Total19M15.2M13.2M11.7M13.5M12.6M
Property Plant And Equipment Net47.8M47M42.9M38.4M44.2M33.7M
Net Debt(34.9M)(37.6M)(81.4M)(124.8M)(112.3M)(106.7M)
Retained Earnings199.8M241.4M276.2M317.4M365.0M383.3M
Non Current Assets Total163.6M197.6M185.7M214.3M246.4M258.8M
Common Stock Shares Outstanding96.3M97.1M97.5M97.7M112.3M103.6M
Liabilities And Stockholders Equity321.9M361.8M406.8M474.8M546.0M573.3M
Non Current Liabilities Total42.9M41.4M34.5M41.5M47.7M50.1M
Other Stockholder Equity8.3M19.4M17.3M19.9M22.9M24.0M
Property Plant And Equipment Gross47.8M108.1M97.5M106.9M122.9M129.1M
Total Current Assets158.3M164.2M221.1M260.5M299.6M314.6M
Accumulated Other Comprehensive Income4.5M2.9M7.4M7.6M8.7M9.2M
Short Term Debt1.3M3.6M2.9M3.3M3.8M3.5M
Net Tangible Assets117.6M125M142.7M199.2M229.1M240.5M
Non Currrent Assets Other(46.2M)(83.1M)(76.7M)2.9M2.6M2.7M
Other Assets20.5M1.034.6M40.9M47.0M49.4M
Current Deferred Revenue7.6M7.4M9.2M14.1M16.2M8.9M
Net Invested Capital207.3M255.3M301M345.7M397.6M232.9M
Net Working Capital83.7M98M148.5M171.4M197.1M107.3M
Capital Lease Obligations13.1M11.9M11.1M10M11.5M11.6M

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