GameStop Average Payables vs Cash Per Share Analysis
GME Stock | USD 27.90 0.08 0.29% |
GameStop Corp financial indicator trend analysis is much more than just examining GameStop Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GameStop Corp is a good investment. Please check the relationship between GameStop Corp Average Payables and its Cash Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GameStop Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade GameStop Stock refer to our How to Trade GameStop Stock guide.
Average Payables vs Cash Per Share
Average Payables vs Cash Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GameStop Corp Average Payables account and Cash Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between GameStop Corp's Average Payables and Cash Per Share is -0.21. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Cash Per Share in the same time period over historical financial statements of GameStop Corp, assuming nothing else is changed. The correlation between historical values of GameStop Corp's Average Payables and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of GameStop Corp are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Average Payables i.e., GameStop Corp's Average Payables and Cash Per Share go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Cash Per Share
Most indicators from GameStop Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GameStop Corp 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 GameStop Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade GameStop Stock refer to our How to Trade GameStop Stock guide.The current year's Selling General Administrative is expected to grow to about 1.4 B, whereas Tax Provision is forecasted to decline to about 6.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3B | 1.4B | 1.2B | 1.8B | Total Revenue | 6.0B | 5.9B | 5.3B | 6.4B |
GameStop Corp fundamental ratios Correlations
Click cells to compare fundamentals
GameStop Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GameStop Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.8B | 2.5B | 3.5B | 3.1B | 2.7B | 3.4B | |
Total Stockholder Equity | 611.5M | 436.7M | 1.6B | 1.3B | 1.3B | 1.6B | |
Other Assets | 143.1M | 58.1M | 150.3M | 92.4M | 106.3M | 92.2M | |
Common Stock Shares Outstanding | 350M | 260M | 290.4M | 304.2M | 305.2M | 355.3M | |
Liabilities And Stockholders Equity | 2.8B | 2.5B | 3.5B | 3.1B | 2.7B | 3.4B | |
Total Liab | 2.2B | 2.0B | 1.9B | 1.8B | 1.4B | 1.8B | |
Other Current Liab | 267.6M | 352.3M | 427.5M | 379.3M | 199.5M | 389.7M | |
Total Current Liabilities | 1.2B | 1.3B | 1.4B | 1.3B | 934.5M | 1.3B | |
Other Liab | 21.4M | 20.5M | 107.9M | 40.9M | 47.0M | 65.7M | |
Retained Earnings | 690.2M | 474.9M | 93.6M | (219.5M) | (212.8M) | (202.2M) | |
Accounts Payable | 380.8M | 341.8M | 471M | 531.3M | 324M | 643.6M | |
Cash | 499.4M | 508.5M | 1.3B | 1.1B | 921.7M | 671.8M | |
Long Term Debt | 419.8M | 216M | 40.5M | 28.7M | 17.7M | 16.8M | |
Inventory | 859.7M | 602.5M | 915M | 682.9M | 632.5M | 865.1M | |
Other Current Assets | 120.6M | 334.9M | 271.3M | 96.3M | 51.4M | 91.6M | |
Intangible Assets | 33.5M | 22.8M | 18.5M | 12.1M | 6.5M | 6.2M | |
Property Plant Equipment | 275.9M | 863.3M | 163.6M | 697.3M | 801.9M | 428.8M | |
Property Plant And Equipment Net | 1.0B | 863.3M | 750.2M | 697.3M | 650.7M | 519.5M | |
Net Debt | 689.1M | 538.3M | (622.4M) | (522.4M) | (318.9M) | (303.0M) | |
Non Current Assets Total | 1.2B | 921.4M | 900.5M | 789.7M | 734.8M | 698.1M | |
Non Currrent Assets Other | 184.6M | 39.6M | 105.9M | 74.1M | 77.6M | 73.7M | |
Cash And Short Term Investments | 499.4M | 508.5M | 1.3B | 1.4B | 1.2B | 723.7M | |
Net Receivables | 141.9M | 105.3M | 141.1M | 153.9M | 91M | 93.8M | |
Non Current Liabilities Total | 970.5M | 693.2M | 542.1M | 452M | 435.9M | 550.3M | |
Total Current Assets | 1.6B | 1.6B | 2.6B | 2.3B | 2.0B | 1.8B | |
Property Plant And Equipment Gross | 1.0B | 863.3M | 163.6M | 136.5M | 1.5B | 1.6B | |
Accumulated Other Comprehensive Income | (78.8M) | (49.3M) | (68.7M) | (71.9M) | (83.6M) | (79.4M) | |
Short Long Term Debt Total | 1.2B | 1.0B | 649M | 616.6M | 602.8M | 649.6M | |
Current Deferred Revenue | 349.9M | 371.6M | 389.8M | 404.1M | 128.6M | 122.2M | |
Short Term Debt | 239.4M | 601.5M | 425.5M | 400.2M | 386.2M | 405.5M | |
Net Tangible Assets | 611.5M | 436.7M | 1.6B | 1.3B | 1.5B | 1.6B | |
Retained Earnings Total Equity | 690.2M | 474.9M | 93.6M | (219.5M) | (197.6M) | (187.7M) |
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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.When determining whether GameStop Corp is a strong investment it is important to analyze GameStop Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GameStop Corp's future performance. For an informed investment choice regarding GameStop Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GameStop Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade GameStop Stock refer to our How to Trade GameStop Stock guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Computer & Electronics Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GameStop Corp. If investors know GameStop will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GameStop Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.259 | Earnings Share 0.14 | Revenue Per Share 13.97 | Quarterly Revenue Growth (0.31) | Return On Assets 0.0004 |
The market value of GameStop Corp is measured differently than its book value, which is the value of GameStop that is recorded on the company's balance sheet. Investors also form their own opinion of GameStop Corp's value that differs from its market value or its book value, called intrinsic value, which is GameStop Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GameStop Corp's market value can be influenced by many factors that don't directly affect GameStop Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GameStop Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if GameStop Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GameStop Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.