GDEV Other Current Assets vs Retained Earnings Analysis

GDEV Stock

USD 24.07 0.05 0.21%

GDEV financial indicator trend analysis is much more than just examining GDEV Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GDEV Inc is a good investment. Please check the relationship between GDEV Other Current Assets and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GDEV Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Other Current Assets vs Retained Earnings

Other Current Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GDEV Inc Other Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.

The correlation between GDEV's Other Current Assets and Retained Earnings is -0.77. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of GDEV Inc, assuming nothing else is changed. The correlation between historical values of GDEV's Other Current Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of GDEV Inc are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Current Assets i.e., GDEV's Other Current Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.77

Relationship Direction	Negative
Relationship Strength	Weak

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Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from GDEV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GDEV Inc 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 GDEV Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

At this time, GDEV's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 6.92 in 2024, whereas Selling General Administrative is likely to drop slightly above 21.5 M in 2024.

	2021	2022	2023	2024 (projected)
Net Interest Income	6.9M	801K	1.5M	2.5M
Tax Provision	1.1M	3.8M	2.0M	1.7M

Net Interest Income Tax Provision

GDEV fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	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	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Total Current Assets
Total Assets		-0.91	-0.93	1.0	-0.94	0.99	-0.99	0.96	-0.92	-0.97	0.79	0.92	0.99	0.48	0.33	0.94	0.98	-0.97	0.74	0.99	0.31	0.77	0.7	1.0	0.98	1.0
Short Long Term Debt Total	-0.91		0.99	-0.93	0.91	-0.86	0.91	-0.78	0.89	0.84	-0.55	-0.9	-0.95	-0.63	-0.48	-0.93	-0.83	0.97	-0.6	-0.91	-0.32	-0.63	-0.7	-0.92	-0.92	-0.88
Other Current Liab	-0.93	0.99		-0.95	0.95	-0.9	0.93	-0.82	0.95	0.87	-0.55	-0.95	-0.96	-0.54	-0.52	-0.96	-0.86	0.98	-0.56	-0.94	-0.38	-0.59	-0.66	-0.95	-0.95	-0.91
Total Current Liabilities	1.0	-0.93	-0.95		-0.96	0.98	-0.99	0.94	-0.93	-0.97	0.76	0.94	1.0	0.48	0.38	0.96	0.97	-0.97	0.71	0.99	0.35	0.74	0.71	1.0	0.98	0.99
Total Stockholder Equity	-0.94	0.91	0.95	-0.96		-0.93	0.95	-0.86	0.97	0.94	-0.65	-0.97	-0.97	-0.34	-0.61	-0.99	-0.88	0.92	-0.51	-0.98	-0.58	-0.54	-0.72	-0.97	-0.94	-0.92
Other Liab	0.99	-0.86	-0.9	0.98	-0.93		-0.98	0.98	-0.91	-0.97	0.8	0.91	0.97	0.42	0.32	0.92	0.99	-0.94	0.72	0.98	0.31	0.74	0.65	0.98	0.98	1.0
Net Tangible Assets	-0.99	0.91	0.93	-0.99	0.95	-0.98		-0.94	0.92	0.99	-0.79	-0.93	-0.99	-0.44	-0.33	-0.96	-0.97	0.96	-0.75	-0.99	-0.33	-0.77	-0.71	-1.0	-0.97	-0.98
Property Plant And Equipment Net	0.96	-0.78	-0.82	0.94	-0.86	0.98	-0.94		-0.87	-0.94	0.79	0.87	0.91	0.33	0.18	0.84	0.98	-0.9	0.75	0.94	0.17	0.77	0.51	0.94	0.96	0.98
Net Debt	-0.92	0.89	0.95	-0.93	0.97	-0.91	0.92	-0.87		0.89	-0.53	-1.0	-0.93	-0.25	-0.59	-0.96	-0.85	0.93	-0.45	-0.95	-0.49	-0.48	-0.54	-0.94	-0.95	-0.9
Retained Earnings	-0.97	0.84	0.87	-0.97	0.94	-0.97	0.99	-0.94	0.89		-0.84	-0.91	-0.97	-0.36	-0.31	-0.94	-0.97	0.91	-0.74	-0.98	-0.37	-0.77	-0.72	-0.98	-0.94	-0.97
Accounts Payable	0.79	-0.55	-0.55	0.76	-0.65	0.8	-0.79	0.79	-0.53	-0.84		0.54	0.75	0.43	-0.03	0.65	0.85	-0.64	0.84	0.75	0.19	0.85	0.76	0.76	0.67	0.8
Cash	0.92	-0.9	-0.95	0.94	-0.97	0.91	-0.93	0.87	-1.0	-0.91	0.54		0.94	0.25	0.54	0.97	0.86	-0.93	0.49	0.96	0.45	0.52	0.54	0.95	0.96	0.9
Non Current Assets Total	0.99	-0.95	-0.96	1.0	-0.97	0.97	-0.99	0.91	-0.93	-0.97	0.75	0.94		0.5	0.43	0.98	0.95	-0.97	0.69	0.99	0.39	0.72	0.75	1.0	0.97	0.97
Non Currrent Assets Other	0.48	-0.63	-0.54	0.48	-0.34	0.42	-0.44	0.33	-0.25	-0.36	0.43	0.25	0.5		0.0	0.38	0.45	-0.56	0.59	0.39	-0.13	0.61	0.63	0.45	0.42	0.47
Other Assets	0.33	-0.48	-0.52	0.38	-0.61	0.32	-0.33	0.18	-0.59	-0.31	-0.03	0.54	0.43	0.0		0.57	0.18	-0.36	-0.35	0.43	0.9	-0.31	0.4	0.4	0.37	0.28
Cash And Short Term Investments	0.94	-0.93	-0.96	0.96	-0.99	0.92	-0.96	0.84	-0.96	-0.94	0.65	0.97	0.98	0.38	0.57		0.88	-0.93	0.55	0.97	0.54	0.58	0.74	0.97	0.93	0.92
Net Receivables	0.98	-0.83	-0.86	0.97	-0.88	0.99	-0.97	0.98	-0.85	-0.97	0.85	0.86	0.95	0.45	0.18	0.88		-0.93	0.82	0.96	0.2	0.83	0.65	0.97	0.96	0.99
Common Stock Shares Outstanding	-0.97	0.97	0.98	-0.97	0.92	-0.94	0.96	-0.9	0.93	0.91	-0.64	-0.93	-0.97	-0.56	-0.36	-0.93	-0.93		-0.69	-0.95	-0.23	-0.72	-0.63	-0.97	-0.98	-0.96
Short Term Investments	0.74	-0.6	-0.56	0.71	-0.51	0.72	-0.75	0.75	-0.45	-0.74	0.84	0.49	0.69	0.59	-0.35	0.55	0.82	-0.69		0.67	-0.27	1.0	0.56	0.7	0.66	0.76
Non Current Liabilities Total	0.99	-0.91	-0.94	0.99	-0.98	0.98	-0.99	0.94	-0.95	-0.98	0.75	0.96	0.99	0.39	0.43	0.97	0.96	-0.95	0.67		0.41	0.69	0.7	1.0	0.98	0.98
Inventory	0.31	-0.32	-0.38	0.35	-0.58	0.31	-0.33	0.17	-0.49	-0.37	0.19	0.45	0.39	-0.13	0.9	0.54	0.2	-0.23	-0.27	0.41		-0.24	0.53	0.37	0.28	0.26
Other Current Assets	0.77	-0.63	-0.59	0.74	-0.54	0.74	-0.77	0.77	-0.48	-0.77	0.85	0.52	0.72	0.61	-0.31	0.58	0.83	-0.72	1.0	0.69	-0.24		0.59	0.73	0.69	0.79
Other Stockholder Equity	0.7	-0.7	-0.66	0.71	-0.72	0.65	-0.71	0.51	-0.54	-0.72	0.76	0.54	0.75	0.63	0.4	0.74	0.65	-0.63	0.56	0.7	0.53	0.59		0.71	0.57	0.66
Total Liab	1.0	-0.92	-0.95	1.0	-0.97	0.98	-1.0	0.94	-0.94	-0.98	0.76	0.95	1.0	0.45	0.4	0.97	0.97	-0.97	0.7	1.0	0.37	0.73	0.71		0.98	0.99
Deferred Long Term Liab	0.98	-0.92	-0.95	0.98	-0.94	0.98	-0.97	0.96	-0.95	-0.94	0.67	0.96	0.97	0.42	0.37	0.93	0.96	-0.98	0.66	0.98	0.28	0.69	0.57	0.98		0.98
Total Current Assets	1.0	-0.88	-0.91	0.99	-0.92	1.0	-0.98	0.98	-0.9	-0.97	0.8	0.9	0.97	0.47	0.28	0.92	0.99	-0.96	0.76	0.98	0.26	0.79	0.66	0.99	0.98

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GDEV Other Current Assets vs Retained Earnings Analysis

Other Current Assets vs Retained Earnings

Other Current Assets vs Retained Earnings Correlation Analysis

Correlation Coefficient

Other Current Assets

Retained Earnings

GDEV fundamental ratios Correlations

GDEV Account Relationship Matchups

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Total Current Liabilities	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Other Liab

Cash	- 1.0	Net Debt
Total Liab	- 1.0	Net Tangible Assets
Non Current Liabilities Total	- 0.99	Net Tangible Assets
Non Current Assets Total	- 0.99	Net Tangible Assets
Cash And Short Term Investments	- 0.99	Total Stockholder Equity
Net Tangible Assets	- 0.99	Total Current Liabilities