Gambling Total Assets vs Common Stock Analysis
GAMB Stock | USD 13.00 0.09 0.70% |
Gambling financial indicator trend analysis is much more than just examining Gambling Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gambling Group is a good investment. Please check the relationship between Gambling Total Assets and its Common Stock accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gambling 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 population.
Total Assets vs Common Stock
Total Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gambling Group Total Assets account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gambling's Total Assets and Common Stock is 0.71. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Gambling Group, assuming nothing else is changed. The correlation between historical values of Gambling's Total Assets and Common Stock 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 Gambling Group are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Assets i.e., Gambling's Total Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Gambling 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 Gambling Group 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.Common Stock
Most indicators from Gambling's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gambling Group 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 Gambling 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 population. At present, Gambling's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 48.1 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.22.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 42.3M | 73.5M | 97.5M | 102.3M | Total Revenue | 42.3M | 76.5M | 108.7M | 114.1M |
Gambling fundamental ratios Correlations
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Gambling Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gambling fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 35.1M | 45.4M | 91.0M | 138.9M | 154.9M | 85.2M | |
Short Long Term Debt Total | 20.6M | 7.9M | 7.6M | 2.1M | 1.7M | 1.6M | |
Other Current Liab | 1.1M | 1.7M | 2.2M | 27.0M | 28.1M | 29.5M | |
Total Current Liabilities | 2.4M | 3.7M | 9.8M | 31.7M | 32.7M | 34.4M | |
Total Stockholder Equity | 12.9M | 34.2M | 79.9M | 87.1M | 118.9M | 124.9M | |
Property Plant And Equipment Net | 2.5M | 2.3M | 2.0M | 2.5M | 2.4M | 1.9M | |
Net Debt | 13.6M | (290K) | (43.4M) | (27.6M) | (23.7M) | (22.5M) | |
Retained Earnings | (3.8M) | 11.3M | 23.8M | 26.4M | 44.7M | 46.9M | |
Accounts Payable | 503K | 521K | 1.0M | 1.2M | 1.9M | 1.0M | |
Cash | 7.0M | 8.2M | 51.0M | 29.7M | 25.4M | 20.1M | |
Non Current Assets Total | 25.8M | 31.7M | 34.5M | 96.9M | 107.5M | 55.4M | |
Non Currrent Assets Other | (25.8M) | (25.9M) | 7.0M | 29K | 87.2M | 91.6M | |
Cash And Short Term Investments | 7.0M | 8.2M | 51.0M | 29.7M | 25.4M | 20.1M | |
Net Receivables | 1.9M | 5.0M | 5.5M | 11.3M | 20.1M | 21.1M | |
Liabilities And Stockholders Equity | 35.1M | 45.4M | 91.0M | 138.9M | 154.9M | 85.2M | |
Non Current Liabilities Total | 19.9M | 7.5M | 1.3M | 20.1M | 3.2M | 3.0M | |
Other Stockholder Equity | 621K | 20.0M | 56.1M | (348K) | (3.1M) | (3.0M) | |
Total Liab | 22.2M | 11.2M | 11.1M | 51.8M | 35.9M | 29.8M | |
Total Current Assets | 9.4M | 13.7M | 56.5M | 42.0M | 47.4M | 29.8M | |
Accumulated Other Comprehensive Income | 16.1M | 22.5M | 53.7M | 56.6M | 77.4M | 38.8M | |
Short Term Investments | 144K | 66K | 121K | 263K | 157K | 160.4K | |
Other Current Assets | 484.0K | 460K | 1.2M | 954K | 2.0M | 990.8K | |
Short Term Debt | 762K | 436K | 6.3M | 1.1M | 533K | 506.4K | |
Intangible Assets | 23.3M | 23.6M | 25.4M | 77.7M | 87.2M | 49.2M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Gambling Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gambling's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gambling Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gambling Group Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gambling 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 population. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gambling. If investors know Gambling will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gambling listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 24.173 | Earnings Share 0.78 | Revenue Per Share 3.115 | Quarterly Revenue Growth 0.176 | Return On Assets 0.1183 |
The market value of Gambling Group is measured differently than its book value, which is the value of Gambling that is recorded on the company's balance sheet. Investors also form their own opinion of Gambling's value that differs from its market value or its book value, called intrinsic value, which is Gambling's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gambling's market value can be influenced by many factors that don't directly affect Gambling's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gambling's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gambling is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gambling's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.