Godaddy Capital Stock vs Accounts Payable Analysis

GDDY Stock  USD 193.01  2.89  1.52%   
Godaddy financial indicator trend analysis is much more than just examining Godaddy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Godaddy is a good investment. Please check the relationship between Godaddy Capital Stock and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Godaddy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.

Capital Stock vs Accounts Payable

Capital Stock vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Godaddy Capital Stock account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Godaddy's Capital Stock and Accounts Payable is -0.72. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Godaddy, assuming nothing else is changed. The correlation between historical values of Godaddy's Capital Stock 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 Capital Stock of Godaddy 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 Capital Stock i.e., Godaddy's Capital Stock and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Accounts Payable

An accounting item on the balance sheet that represents Godaddy 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 Godaddy 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 Godaddy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Godaddy 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 Godaddy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.At this time, Godaddy's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 37.07 in 2024, whereas Selling General Administrative is likely to drop slightly above 299.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense126M146.3M179M99.9M
Depreciation And Amortization199.6M194.6M171.3M187.7M

Godaddy fundamental ratios Correlations

0.720.670.740.63-0.180.610.590.59-0.260.390.620.730.890.620.550.740.30.680.130.420.360.660.320.650.57
0.720.970.880.99-0.710.760.980.89-0.590.770.840.990.760.840.871.00.510.990.020.760.810.990.570.940.87
0.670.970.790.97-0.790.680.970.96-0.720.760.750.970.80.750.880.980.590.990.030.840.830.990.50.880.93
0.740.880.790.86-0.530.820.810.66-0.250.540.80.860.590.810.630.880.220.840.140.480.560.850.490.830.7
0.630.990.970.86-0.790.760.990.89-0.620.790.810.980.690.820.870.980.520.990.010.790.840.990.580.920.89
-0.18-0.71-0.79-0.53-0.79-0.5-0.81-0.790.8-0.75-0.51-0.71-0.39-0.51-0.78-0.73-0.62-0.790.06-0.87-0.86-0.79-0.46-0.65-0.82
0.610.760.680.820.76-0.50.740.51-0.220.450.870.710.430.870.550.760.260.730.30.410.540.740.40.840.64
0.590.980.970.810.99-0.810.740.9-0.670.810.80.970.680.810.880.970.570.98-0.010.820.860.990.580.920.89
0.590.890.960.660.89-0.790.510.9-0.810.750.540.930.810.540.870.910.610.93-0.110.880.830.920.520.710.9
-0.26-0.59-0.72-0.25-0.620.8-0.22-0.67-0.81-0.81-0.24-0.64-0.58-0.24-0.86-0.61-0.63-0.670.43-0.95-0.88-0.65-0.59-0.43-0.71
0.390.770.760.540.79-0.750.450.810.75-0.810.530.780.530.540.930.760.610.77-0.450.870.940.780.80.680.62
0.620.840.750.80.81-0.510.870.80.54-0.240.530.750.51.00.620.820.330.80.350.470.560.80.290.970.68
0.730.990.970.860.98-0.710.710.970.93-0.640.780.750.790.760.880.990.50.98-0.070.790.820.980.610.870.87
0.890.760.80.590.69-0.390.430.680.81-0.580.530.50.790.510.70.790.530.770.020.670.520.740.320.620.72
0.620.840.750.810.82-0.510.870.810.54-0.240.541.00.760.510.630.820.330.80.340.470.570.810.310.970.68
0.550.870.880.630.87-0.780.550.880.87-0.860.930.620.880.70.630.860.520.88-0.360.950.960.880.760.760.81
0.741.00.980.880.98-0.730.760.970.91-0.610.760.820.990.790.820.860.540.990.050.780.80.990.540.920.89
0.30.510.590.220.52-0.620.260.570.61-0.630.610.330.50.530.330.520.540.570.150.620.540.560.10.490.48
0.680.990.990.840.99-0.790.730.980.93-0.670.770.80.980.770.80.880.990.570.050.820.831.00.520.910.91
0.130.020.030.140.010.060.3-0.01-0.110.43-0.450.35-0.070.020.34-0.360.050.150.05-0.31-0.380.03-0.740.230.1
0.420.760.840.480.79-0.870.410.820.88-0.950.870.470.790.670.470.950.780.620.82-0.310.930.810.620.640.85
0.360.810.830.560.84-0.860.540.860.83-0.880.940.560.820.520.570.960.80.540.83-0.380.930.840.780.710.77
0.660.990.990.850.99-0.790.740.990.92-0.650.780.80.980.740.810.880.990.561.00.030.810.840.540.920.91
0.320.570.50.490.58-0.460.40.580.52-0.590.80.290.610.320.310.760.540.10.52-0.740.620.780.540.40.4
0.650.940.880.830.92-0.650.840.920.71-0.430.680.970.870.620.970.760.920.490.910.230.640.710.920.40.79
0.570.870.930.70.89-0.820.640.890.9-0.710.620.680.870.720.680.810.890.480.910.10.850.770.910.40.79
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Godaddy Account Relationship Matchups

Godaddy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding181.7M168.6M171.1M161.5M151.5M150.2M
Total Assets6.3B6.4B7.4B7.0B7.6B5.8B
Short Long Term Debt Total2.6B3.3B4.0B3.9B3.9B2.6B
Other Current Liab366M447.7M364.8M280.6M356.9M302.8M
Total Current Liabilities2.0B2.3B2.4B2.5B2.7B1.9B
Total Stockholder Equity772M(12.9M)81.7M(331.8M)62.2M59.1M
Property Plant And Equipment Net455.2M399.3M329.2M309.7M246.1M307.7M
Current Deferred Revenue1.5B1.7B1.9B2.0B2.1B1.5B
Net Debt1.5B2.5B2.8B3.2B3.5B1.9B
Retained Earnings(153.5M)(1.2B)(1.5B)(2.4B)(2.3B)(2.2B)
Accounts Payable72.3M51M85.2M130.9M148.1M155.5M
Cash1.1B765.2M1.3B774M458.8M645.3M
Non Current Assets Total4.7B5.1B5.5B5.4B6.3B4.6B
Non Currrent Assets Other196.5M212.1M272.6M292.1M261.5M181.6M
Cash And Short Term Investments1.1B765.2M1.3B774M498.8M655.9M
Net Receivables30.2M41.8M63.6M60.1M76.6M80.4M
Good Will3.0B3.3B3.5B3.5B3.6B2.8B
Short Term Investments23.6M2M24.7M173M40M28.9M
Liabilities And Stockholders Equity6.3B6.4B7.4B7.0B7.6B5.8B
Non Current Liabilities Total3.5B4.1B4.9B4.8B4.8B3.4B
Inventory409.8M423.5M460.6M476.7M(127.2M)(120.8M)
Other Current Assets48.9M484.3M570.5M748.5M680.5M714.5M
Other Stockholder Equity1.0B1.3B1.6B1.9B2.3B2.4B
Total Liab5.5B6.4B7.3B7.3B7.5B5.3B
Property Plant And Equipment Gross455.2M399.3M220M225.6M811M851.6M
Total Current Assets1.6B1.3B1.9B1.6B1.3B1.2B
Accumulated Other Comprehensive Income(78.2M)(131M)(38.6M)178M111.2M116.8M
Short Term Debt18.4M65.8M61M51.5M47M26.9M
Intangible Assets1.1B1.3B1.4B1.3B1.2B1.2B
Other Liab948.3M873.7M896.3M913.6M1.1B865.3M
Other Assets196.5M212.1M272.6M251.6M289.3M223.0M
Long Term Debt2.4B3.1B3.9B3.8B3.8B2.6B
Property Plant Equipment258.6M257.3M329.2M225.6M259.4M278.1M
Net Tangible Assets(2.5B)(3.7B)(4.8B)555M499.5M524.5M
Deferred Long Term Liab100.9M92M181.4M56.2M50.6M48.1M
Short Long Term Debt18.4M24.3M24.1M18.2M17.9M16.4M
Noncontrolling Interest In Consolidated Entity10.1M1.1M1.5M2.5M2.3M2.1M
Retained Earnings Total Equity(153.5M)(1.2B)(1.5B)(2.4B)(2.2B)(2.1B)

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Additional Tools for Godaddy Stock Analysis

When running Godaddy's price analysis, check to measure Godaddy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Godaddy is operating at the current time. Most of Godaddy's value examination focuses on studying past and present price action to predict the probability of Godaddy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Godaddy's price. Additionally, you may evaluate how the addition of Godaddy to your portfolios can decrease your overall portfolio volatility.