Gambling Total Stockholder Equity vs Accounts Payable Analysis

GAMB Stock

USD 12.98 0.06 0.46%

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 Stockholder Equity and its Accounts Payable 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 Stockholder Equity vs Accounts Payable

Total Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gambling Group Total Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Gambling's Total Stockholder Equity and Accounts Payable is 0.89. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Accounts Payable 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 Stockholder Equity and Accounts Payable 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 Stockholder Equity of Gambling Group are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Stockholder Equity i.e., Gambling's Total Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

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.

Accounts Payable

An accounting item on the balance sheet that represents Gambling obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Gambling Group are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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

Gross Profit Total Revenue

Gambling 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	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Tangible Assets	Current Deferred Revenue	Short Term Investments	Inventory	Other Current Assets
Total Assets		-0.85	0.85	0.89	0.89	0.7	-0.84	0.87	0.96	0.77	0.96	0.42	0.77	0.77	0.48	0.86	-0.64	0.13	0.4	0.88	0.71	0.9	0.58	0.67	-0.21	0.92
Short Long Term Debt Total	-0.85		-0.77	-0.84	-0.94	-0.89	0.93	-0.94	-0.83	-0.79	-0.8	-0.26	-0.95	-0.79	-0.31	-0.8	0.88	-0.31	-0.03	-0.79	-0.88	-0.96	-0.82	-0.45	0.27	-0.83
Other Current Liab	0.85	-0.77		0.99	0.87	0.55	-0.65	0.87	0.81	0.48	0.89	0.65	0.68	0.48	0.73	1.0	-0.51	-0.26	0.57	0.61	0.53	0.81	0.44	0.72	0.16	0.73
Total Current Liabilities	0.89	-0.84	0.99		0.93	0.62	-0.75	0.93	0.87	0.6	0.9	0.61	0.75	0.6	0.66	0.99	-0.62	-0.12	0.48	0.7	0.63	0.88	0.5	0.71	0.01	0.8
Total Stockholder Equity	0.89	-0.94	0.87	0.93		0.75	-0.91	0.99	0.89	0.79	0.82	0.55	0.89	0.79	0.55	0.89	-0.84	0.21	0.15	0.84	0.75	0.99	0.67	0.5	-0.28	0.9
Property Plant And Equipment Net	0.7	-0.89	0.55	0.62	0.75		-0.83	0.73	0.69	0.71	0.66	-0.06	0.96	0.71	-0.02	0.6	-0.79	0.34	-0.12	0.64	0.93	0.79	0.97	0.39	-0.25	0.71
Net Debt	-0.84	0.93	-0.65	-0.75	-0.91	-0.83		-0.89	-0.82	-0.96	-0.71	-0.22	-0.91	-0.96	-0.22	-0.68	0.87	-0.54	0.05	-0.93	-0.82	-0.96	-0.73	-0.45	0.57	-0.86
Retained Earnings	0.87	-0.94	0.87	0.93	0.99	0.73	-0.89		0.89	0.74	0.81	0.57	0.87	0.74	0.56	0.89	-0.86	0.18	0.12	0.8	0.76	0.97	0.66	0.45	-0.23	0.89
Accounts Payable	0.96	-0.83	0.81	0.87	0.89	0.69	-0.82	0.89		0.74	0.93	0.47	0.76	0.74	0.44	0.82	-0.73	0.13	0.27	0.84	0.78	0.87	0.58	0.54	-0.23	0.96
Cash	0.77	-0.79	0.48	0.6	0.79	0.71	-0.96	0.74	0.74		0.58	0.13	0.78	1.0	0.1	0.5	-0.77	0.69	-0.11	0.95	0.71	0.87	0.6	0.41	-0.76	0.8
Non Current Assets Total	0.96	-0.8	0.89	0.9	0.82	0.66	-0.71	0.81	0.93	0.58		0.43	0.7	0.58	0.51	0.91	-0.53	-0.11	0.53	0.72	0.67	0.8	0.54	0.72	0.05	0.84
Non Currrent Assets Other	0.42	-0.26	0.65	0.61	0.55	-0.06	-0.22	0.57	0.47	0.13	0.43		0.19	0.13	0.94	0.63	-0.27	-0.32	0.35	0.34	-0.02	0.43	-0.07	0.19	0.12	0.5
Other Assets	0.77	-0.95	0.68	0.75	0.89	0.96	-0.91	0.87	0.76	0.78	0.7	0.19		0.78	0.22	0.72	-0.87	0.34	-0.09	0.75	0.89	0.91	0.93	0.41	-0.31	0.82
Cash And Short Term Investments	0.77	-0.79	0.48	0.6	0.79	0.71	-0.96	0.74	0.74	1.0	0.58	0.13	0.78		0.1	0.5	-0.77	0.69	-0.11	0.95	0.71	0.87	0.6	0.41	-0.76	0.8
Net Receivables	0.48	-0.31	0.73	0.66	0.55	-0.02	-0.22	0.56	0.44	0.1	0.51	0.94	0.22	0.1		0.71	-0.18	-0.4	0.51	0.34	-0.06	0.45	-0.03	0.32	0.26	0.46
Common Stock Shares Outstanding	0.86	-0.8	1.0	0.99	0.89	0.6	-0.68	0.89	0.82	0.5	0.91	0.63	0.72	0.5	0.71		-0.55	-0.23	0.54	0.63	0.58	0.84	0.51	0.71	0.14	0.76
Non Current Liabilities Total	-0.64	0.88	-0.51	-0.62	-0.84	-0.79	0.87	-0.86	-0.73	-0.77	-0.53	-0.27	-0.87	-0.77	-0.18	-0.55		-0.53	0.38	-0.72	-0.85	-0.85	-0.79	-0.05	0.48	-0.8
Other Stockholder Equity	0.13	-0.31	-0.26	-0.12	0.21	0.34	-0.54	0.18	0.13	0.69	-0.11	-0.32	0.34	0.69	-0.4	-0.23	-0.53		-0.68	0.53	0.35	0.34	0.33	-0.27	-0.93	0.27
Total Liab	0.4	-0.03	0.57	0.48	0.15	-0.12	0.05	0.12	0.27	-0.11	0.53	0.35	-0.09	-0.11	0.51	0.54	0.38	-0.68		0.08	-0.16	0.1	-0.26	0.8	0.52	0.1
Total Current Assets	0.88	-0.79	0.61	0.7	0.84	0.64	-0.93	0.8	0.84	0.95	0.72	0.34	0.75	0.95	0.34	0.63	-0.72	0.53	0.08		0.63	0.9	0.53	0.48	-0.64	0.89
Common Stock	0.71	-0.88	0.53	0.63	0.75	0.93	-0.82	0.76	0.78	0.71	0.67	-0.02	0.89	0.71	-0.06	0.58	-0.85	0.35	-0.16	0.63		0.77	0.88	0.31	-0.29	0.75
Net Tangible Assets	0.9	-0.96	0.81	0.88	0.99	0.79	-0.96	0.97	0.87	0.87	0.8	0.43	0.91	0.87	0.45	0.84	-0.85	0.34	0.1	0.9	0.77		0.7	0.51	-0.39	0.9
Current Deferred Revenue	0.58	-0.82	0.44	0.5	0.67	0.97	-0.73	0.66	0.58	0.6	0.54	-0.07	0.93	0.6	-0.03	0.51	-0.79	0.33	-0.26	0.53	0.88	0.7		0.21	-0.21	0.65
Short Term Investments	0.67	-0.45	0.72	0.71	0.5	0.39	-0.45	0.45	0.54	0.41	0.72	0.19	0.41	0.41	0.32	0.71	-0.05	-0.27	0.8	0.48	0.31	0.51	0.21		0.1	0.41
Inventory	-0.21	0.27	0.16	0.01	-0.28	-0.25	0.57	-0.23	-0.23	-0.76	0.05	0.12	-0.31	-0.76	0.26	0.14	0.48	-0.93	0.52	-0.64	-0.29	-0.39	-0.21	0.1		-0.37
Other Current Assets	0.92	-0.83	0.73	0.8	0.9	0.71	-0.86	0.89	0.96	0.8	0.84	0.5	0.82	0.8	0.46	0.76	-0.8	0.27	0.1	0.89	0.75	0.9	0.65	0.41	-0.37

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Gambling Account Relationship Matchups

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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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:

How To Invest In Gambling

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Is Gambling Stock a good investment?

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What is Gambling's Net Worth?

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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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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.

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Gambling Total Stockholder Equity vs Accounts Payable Analysis

Total Stockholder Equity vs Accounts Payable

Total Stockholder Equity vs Accounts Payable Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Accounts Payable

Gambling fundamental ratios Correlations

Gambling Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Gambling fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock Shares Outstanding	+ 1.0	Other Current Liab
Cash And Short Term Investments	+ 1.0	Cash
Total Current Liabilities	+ 0.99	Other Current Liab
Common Stock Shares Outstanding	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.99	Total Stockholder Equity
Net Tangible Assets	+ 0.99	Total Stockholder Equity

Net Tangible Assets	- 0.96	Net Debt
Cash And Short Term Investments	- 0.96	Net Debt
Cash	- 0.96	Net Debt
Net Tangible Assets	- 0.96	Short Long Term Debt Total
Other Assets	- 0.95	Short Long Term Debt Total
Retained Earnings	- 0.94	Short Long Term Debt Total