Guild Total Revenue vs Total Current Assets Analysis
GILD Stock | 0.03 0.0005 1.52% |
Guild Esports financial indicator trend analysis is much more than just examining Guild Esports Plc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guild Esports Plc is a good investment. Please check the relationship between Guild Esports Total Revenue and its Total Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guild Esports Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Total Revenue vs Total Current Assets
Total Revenue vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guild Esports Plc Total Revenue account and Total Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Guild Esports' Total Revenue and Total Current Assets is -0.52. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Guild Esports Plc, assuming nothing else is changed. The correlation between historical values of Guild Esports' Total Revenue and Total Current Assets 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 Revenue of Guild Esports Plc are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Revenue i.e., Guild Esports' Total Revenue and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.52 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Revenue
Total revenue comprises all receipts Guild Esports Plc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Guild Esports' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guild Esports Plc 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 Guild Esports Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to gain to about 4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 444.6 K in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 11.3M | 8.2M | 9.5M | 8.9M | Cost Of Revenue | 1.7M | 1.5M | 1.8M | 1.1M |
Guild Esports fundamental ratios Correlations
Click cells to compare fundamentals
Guild Esports Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Guild Stock Analysis
When running Guild Esports' price analysis, check to measure Guild Esports' 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 Guild Esports is operating at the current time. Most of Guild Esports' value examination focuses on studying past and present price action to predict the probability of Guild Esports' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guild Esports' price. Additionally, you may evaluate how the addition of Guild Esports to your portfolios can decrease your overall portfolio volatility.