Gan Net Tangible Assets vs Cash Analysis
GAN Stock | USD 1.84 0.02 1.10% |
Gan financial indicator trend analysis is much more than just examining Gan latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gan is a good investment. Please check the relationship between Gan Net Tangible Assets and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Gan Stock, please use our How to Invest in Gan guide.
Net Tangible Assets vs Cash
Net Tangible Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gan Net Tangible Assets account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gan's Net Tangible Assets and Cash is 0.79. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Gan, assuming nothing else is changed. The correlation between historical values of Gan's Net Tangible Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Gan are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Tangible Assets i.e., Gan's Net Tangible Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Cash
Cash refers to the most liquid asset of Gan, which is listed under current asset account on Gan balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Gan customers. The amounts must be unrestricted with restricted cash listed in a different Gan account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Gan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gan 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 Gan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Gan Stock, please use our How to Invest in Gan guide.As of the 22nd of November 2024, Tax Provision is likely to grow to about 4 M, while Selling General Administrative is likely to drop about 25.4 M.
2021 | 2023 | 2024 (projected) | Depreciation And Amortization | 16.8M | 17.2M | 9.1M | Interest Income | 32K | 28.8K | 28.2K |
Gan fundamental ratios Correlations
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Gan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gan fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 23.4M | 27.0M | 42.0M | 42.4M | 44.2M | 35.6M | |
Other Current Liab | 5.0M | 11.3M | 25.6M | 23.4M | 28.1M | 29.6M | |
Total Current Liabilities | 10.5M | 17.3M | 33.0M | 32.5M | 36.7M | 20.0M | |
Net Tangible Assets | 14.7M | 148.4M | 33.0M | (10.9M) | (12.6M) | (11.9M) | |
Retained Earnings | (22.8M) | (45.8M) | (76.4M) | (274.9M) | (309.3M) | (293.8M) | |
Accounts Payable | 1.7M | 4.7M | 5.3M | 6.4M | 7.0M | 4.2M | |
Other Assets | 5.0M | 737K | 13.5M | 896K | 806.4K | 766.1K | |
Net Receivables | 7.1M | 8.1M | 8.1M | 13.8M | 11.4M | 8.3M | |
Deferred Long Term Liab | 6.3M | 4.8M | 1.8M | 4.2M | 3.8M | 3.8M | |
Total Current Assets | 19.3M | 163.5M | 54.4M | 67.6M | 56.5M | 53.5M | |
Common Stock | 1.3M | 365K | 422K | 429K | 451K | 561.9K | |
Property Plant Equipment | 1.5M | 1.9M | 3.3M | 2.9M | 3.3M | 1.9M | |
Total Assets | 26.1M | 173.2M | 260.9M | 103.1M | 87.5M | 107.8M | |
Short Long Term Debt Total | 1.2M | 575K | 472K | 28.4M | 46.6M | 48.9M | |
Total Stockholder Equity | 15.1M | 155.6M | 224.0M | 20.8M | (4.6M) | (4.4M) | |
Property Plant And Equipment Net | 1.5M | 1.9M | 2.5M | 2.9M | 8.5M | 8.9M | |
Net Debt | (8.9M) | (152.1M) | (39.0M) | (17.8M) | 8.0M | 8.4M | |
Cash | 10.1M | 152.7M | 39.5M | 45.9M | 38.6M | 46.6M | |
Non Current Assets Total | 6.9M | 9.8M | 206.5M | 35.5M | 31.0M | 47.9M | |
Cash And Short Term Investments | 10.1M | 152.7M | 39.5M | 45.9M | 38.6M | 46.6M | |
Common Stock Total Equity | 1.3M | 365K | 422K | 429K | 386.1K | 595.6K | |
Liabilities And Stockholders Equity | 26.1M | 173.2M | 260.9M | 103.1M | 87.5M | 107.8M | |
Non Current Liabilities Total | 535K | 370K | 3.8M | 49.8M | 55.4M | 58.2M | |
Other Current Assets | 1.1M | 2.8M | 6.8M | 3.0M | 6.5M | 3.4M | |
Other Stockholder Equity | 38.6M | 203.8M | 319.6M | 329.0M | 336.6M | 202.3M | |
Total Liab | 11.0M | 17.7M | 36.9M | 82.3M | 92.1M | 96.7M | |
Property Plant And Equipment Gross | 1.5M | 1.9M | 5.0M | 6.4M | 4.7M | 3.4M | |
Accumulated Other Comprehensive Income | (1.9M) | (2.9M) | (19.6M) | (33.8M) | (32.3M) | (30.7M) | |
Intangible Assets | 5.2M | 7.1M | 50.3M | 31.7M | 20.7M | 20.1M | |
Current Deferred Revenue | 3.0M | 1.1M | 2.4M | 2.5M | 3.5M | 2.6M | |
Non Currrent Assets Other | 172K | 737K | 7.5M | (3.3M) | 1.7M | 1.3M | |
Capital Lease Obligations | 1.2M | 575K | 472K | 195K | 4.4M | 4.6M | |
Inventory | 883K | 1.9M | 3.5M | 4.9M | 1.0 | 0.95 | |
Net Invested Capital | 15.1M | 155.6M | 224.0M | 48.9M | 37.6M | 35.7M | |
Capital Stock | 1.3M | 365K | 422K | 429K | 451K | 562.3K | |
Net Working Capital | 8.8M | 146.2M | 21.4M | 35.1M | 19.8M | 18.8M | |
Short Term Debt | 692K | 524K | 472K | 195K | 1.6M | 1.7M |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Gan Stock, please use our How to Invest in Gan guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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 Gan. If investors know Gan 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 Gan 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 (0.77) | Earnings Share (0.29) | Revenue Per Share 2.964 | Quarterly Revenue Growth 0.244 | Return On Assets (0.07) |
The market value of Gan is measured differently than its book value, which is the value of Gan that is recorded on the company's balance sheet. Investors also form their own opinion of Gan's value that differs from its market value or its book value, called intrinsic value, which is Gan'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 Gan's market value can be influenced by many factors that don't directly affect Gan'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 Gan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gan'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.