| GGT Stock | | | USD 4.91 0.03 0.61% |
Gabelli MultiMedia financial indicator trend analysis is much more than just examining Gabelli MultiMedia Mutual latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gabelli MultiMedia Mutual is a good investment. Please check the relationship between Gabelli MultiMedia Total Liab and its Cash accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gabelli MultiMedia Mutual. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
Total Liab vs Cash
Total Liab vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gabelli MultiMedia Mutual Total Liab account and
Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Gabelli MultiMedia's Total Liab and Cash is -0.32. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Cash in the same time period over historical financial statements of Gabelli MultiMedia Mutual, assuming nothing else is changed. The correlation between historical values of Gabelli MultiMedia's Total Liab 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 Total Liab of Gabelli MultiMedia Mutual 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 Total Liab i.e., Gabelli MultiMedia's Total Liab and Cash go up and down completely randomly.
Correlation Coefficient | -0.32 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Cash
Cash refers to the most liquid asset of Gabelli MultiMedia Mutual, which is listed under current asset account on Gabelli MultiMedia Mutual balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Gabelli MultiMedia customers. The amounts must be unrestricted with restricted cash listed in a different Gabelli MultiMedia 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 Gabelli MultiMedia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gabelli MultiMedia Mutual 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 Gabelli MultiMedia Mutual. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
At this time, Gabelli MultiMedia's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 7.24 in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.39 in 2024.
Gabelli MultiMedia fundamental ratios Correlations
Click cells to compare fundamentals
Gabelli MultiMedia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gabelli MultiMedia fundamental ratios Accounts
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Additional Tools for Gabelli Stock Analysis
When running Gabelli MultiMedia's price analysis, check to
measure Gabelli MultiMedia'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 Gabelli MultiMedia is operating at the current time. Most of Gabelli MultiMedia's value examination focuses on studying past and present price action to
predict the probability of Gabelli MultiMedia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gabelli MultiMedia's price. Additionally, you may evaluate how the addition of Gabelli MultiMedia to your portfolios can decrease your overall portfolio volatility.