GDEV Other Current Liab vs Inventory Analysis

GDEV Stock  USD 24.02  0.48  1.96%   
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 Liab and its Inventory 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 Liab vs Inventory

Other Current Liab vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GDEV Inc Other Current Liab account and Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between GDEV's Other Current Liab and Inventory is -0.38. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Inventory 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 Liab and Inventory 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 Liab of GDEV Inc are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Other Current Liab i.e., GDEV's Other Current Liab and Inventory go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Liab

Inventory

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 Income6.9M801K1.5M2.5M
Tax Provision1.1M3.8M2.0M1.7M

GDEV fundamental ratios Correlations

-0.91-0.931.0-0.940.99-0.990.96-0.92-0.970.790.920.990.480.330.940.98-0.970.740.990.310.770.71.00.981.0
-0.910.99-0.930.91-0.860.91-0.780.890.84-0.55-0.9-0.95-0.63-0.48-0.93-0.830.97-0.6-0.91-0.32-0.63-0.7-0.92-0.92-0.88
-0.930.99-0.950.95-0.90.93-0.820.950.87-0.55-0.95-0.96-0.54-0.52-0.96-0.860.98-0.56-0.94-0.38-0.59-0.66-0.95-0.95-0.91
1.0-0.93-0.95-0.960.98-0.990.94-0.93-0.970.760.941.00.480.380.960.97-0.970.710.990.350.740.711.00.980.99
-0.940.910.95-0.96-0.930.95-0.860.970.94-0.65-0.97-0.97-0.34-0.61-0.99-0.880.92-0.51-0.98-0.58-0.54-0.72-0.97-0.94-0.92
0.99-0.86-0.90.98-0.93-0.980.98-0.91-0.970.80.910.970.420.320.920.99-0.940.720.980.310.740.650.980.981.0
-0.990.910.93-0.990.95-0.98-0.940.920.99-0.79-0.93-0.99-0.44-0.33-0.96-0.970.96-0.75-0.99-0.33-0.77-0.71-1.0-0.97-0.98
0.96-0.78-0.820.94-0.860.98-0.94-0.87-0.940.790.870.910.330.180.840.98-0.90.750.940.170.770.510.940.960.98
-0.920.890.95-0.930.97-0.910.92-0.870.89-0.53-1.0-0.93-0.25-0.59-0.96-0.850.93-0.45-0.95-0.49-0.48-0.54-0.94-0.95-0.9
-0.970.840.87-0.970.94-0.970.99-0.940.89-0.84-0.91-0.97-0.36-0.31-0.94-0.970.91-0.74-0.98-0.37-0.77-0.72-0.98-0.94-0.97
0.79-0.55-0.550.76-0.650.8-0.790.79-0.53-0.840.540.750.43-0.030.650.85-0.640.840.750.190.850.760.760.670.8
0.92-0.9-0.950.94-0.970.91-0.930.87-1.0-0.910.540.940.250.540.970.86-0.930.490.960.450.520.540.950.960.9
0.99-0.95-0.961.0-0.970.97-0.990.91-0.93-0.970.750.940.50.430.980.95-0.970.690.990.390.720.751.00.970.97
0.48-0.63-0.540.48-0.340.42-0.440.33-0.25-0.360.430.250.50.00.380.45-0.560.590.39-0.130.610.630.450.420.47
0.33-0.48-0.520.38-0.610.32-0.330.18-0.59-0.31-0.030.540.430.00.570.18-0.36-0.350.430.9-0.310.40.40.370.28
0.94-0.93-0.960.96-0.990.92-0.960.84-0.96-0.940.650.970.980.380.570.88-0.930.550.970.540.580.740.970.930.92
0.98-0.83-0.860.97-0.880.99-0.970.98-0.85-0.970.850.860.950.450.180.88-0.930.820.960.20.830.650.970.960.99
-0.970.970.98-0.970.92-0.940.96-0.90.930.91-0.64-0.93-0.97-0.56-0.36-0.93-0.93-0.69-0.95-0.23-0.72-0.63-0.97-0.98-0.96
0.74-0.6-0.560.71-0.510.72-0.750.75-0.45-0.740.840.490.690.59-0.350.550.82-0.690.67-0.271.00.560.70.660.76
0.99-0.91-0.940.99-0.980.98-0.990.94-0.95-0.980.750.960.990.390.430.970.96-0.950.670.410.690.71.00.980.98
0.31-0.32-0.380.35-0.580.31-0.330.17-0.49-0.370.190.450.39-0.130.90.540.2-0.23-0.270.41-0.240.530.370.280.26
0.77-0.63-0.590.74-0.540.74-0.770.77-0.48-0.770.850.520.720.61-0.310.580.83-0.721.00.69-0.240.590.730.690.79
0.7-0.7-0.660.71-0.720.65-0.710.51-0.54-0.720.760.540.750.630.40.740.65-0.630.560.70.530.590.710.570.66
1.0-0.92-0.951.0-0.970.98-1.00.94-0.94-0.980.760.951.00.450.40.970.97-0.970.71.00.370.730.710.980.99
0.98-0.92-0.950.98-0.940.98-0.970.96-0.95-0.940.670.960.970.420.370.930.96-0.980.660.980.280.690.570.980.98
1.0-0.88-0.910.99-0.921.0-0.980.98-0.9-0.970.80.90.970.470.280.920.99-0.960.760.980.260.790.660.990.98
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GDEV Account Relationship Matchups

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Additional Tools for GDEV Stock Analysis

When running GDEV's price analysis, check to measure GDEV'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 GDEV is operating at the current time. Most of GDEV's value examination focuses on studying past and present price action to predict the probability of GDEV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GDEV's price. Additionally, you may evaluate how the addition of GDEV to your portfolios can decrease your overall portfolio volatility.