Gaming Capex To Depreciation vs Ev To Sales Analysis

GMGT Stock

USD 0.0001 0.00 0.00%

Gaming Technologies financial indicator trend analysis is much more than just examining Gaming Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gaming Technologies is a good investment. Please check the relationship between Gaming Technologies Capex To Depreciation and its Ev To Sales accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gaming Technologies Common. 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.

Capex To Depreciation vs Ev To Sales

Capex To Depreciation vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gaming Technologies Capex To Depreciation account and Ev To Sales. At this time, the significance of the direction appears to have very week relationship.

The correlation between Gaming Technologies' Capex To Depreciation and Ev To Sales is 0.2. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Gaming Technologies Common, assuming nothing else is changed. The correlation between historical values of Gaming Technologies' Capex To Depreciation and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Gaming Technologies Common are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Capex To Depreciation i.e., Gaming Technologies' Capex To Depreciation and Ev To Sales go up and down completely randomly.

Correlation Coefficient

0.2

Relationship Direction	Positive
Relationship Strength	Very Weak

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Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Most indicators from Gaming Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gaming Technologies 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 Gaming Technologies Common. 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.

Enterprise Value is likely to gain to about 87.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 573.2 K in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	11.9M	2.1M	2.4M	2.3M
Cost Of Revenue	857.7K	467.5K	537.7K	444.8K

Total Operating Expenses Cost Of Revenue

Gaming Technologies fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Other Current Assets	Total Liab	Net Invested Capital
Other Current Liab		0.96	-0.71	-0.85	0.88	0.88	0.19	0.76	-0.37	0.03	0.97	-0.92	-0.72	0.91	-0.03	0.78	-0.88	-0.03	-0.79	0.71	-0.02	0.48	-0.74	-0.02	0.96	-0.88
Total Current Liabilities	0.96		-0.82	-0.94	0.97	0.96	0.22	0.82	-0.45	0.05	1.0	-0.97	-0.84	0.93	-0.02	0.77	-0.87	-0.02	-0.77	0.71	0.22	0.59	-0.85	0.22	1.0	-0.93
Net Tangible Assets	-0.71	-0.82		0.79	-0.82	-0.75	0.24	-0.57	0.49	0.39	-0.82	0.91	0.61	-0.92	0.47	-0.81	0.89	0.47	0.49	-0.8	-0.43	-0.25	0.62	-0.43	-0.82	0.96
Retained Earnings	-0.85	-0.94	0.79		-0.98	-0.99	-0.38	-0.91	0.45	-0.22	-0.93	0.92	0.95	-0.81	-0.14	-0.67	0.74	-0.14	0.59	-0.55	-0.4	-0.75	0.96	-0.4	-0.95	0.86
Accounts Payable	0.88	0.97	-0.82	-0.98		0.99	0.33	0.87	-0.45	0.15	0.96	-0.94	-0.93	0.87	0.08	0.68	-0.78	0.08	-0.7	0.63	0.42	0.71	-0.93	0.42	0.98	-0.89
Other Stockholder Equity	0.88	0.96	-0.75	-0.99	0.99		0.43	0.9	-0.43	0.26	0.95	-0.91	-0.96	0.81	0.19	0.63	-0.72	0.19	-0.7	0.56	0.39	0.78	-0.96	0.39	0.97	-0.84
Total Current Assets	0.19	0.22	0.24	-0.38	0.33	0.43		0.52	-0.01	0.97	0.21	-0.04	-0.62	-0.14	0.96	-0.27	0.24	0.96	-0.22	-0.4	0.19	0.87	-0.61	0.19	0.24	0.11
Common Stock	0.76	0.82	-0.57	-0.91	0.87	0.9	0.52		-0.12	0.35	0.82	-0.78	-0.9	0.65	0.27	0.63	-0.58	0.27	-0.46	0.47	0.24	0.77	-0.9	0.24	0.84	-0.7
Property Plant Equipment	-0.37	-0.45	0.49	0.45	-0.45	-0.43	-0.01	-0.12		-0.05	-0.44	0.44	0.43	-0.4	-0.02	-0.32	0.36	-0.02	0.3	-0.29	-0.22	-0.32	0.43	-0.22	-0.44	0.42
Total Assets	0.03	0.05	0.39	-0.22	0.15	0.26	0.97	0.35	-0.05		0.04	0.13	-0.48	-0.31	0.99	-0.4	0.39	0.99	-0.06	-0.55	0.09	0.78	-0.47	0.09	0.07	0.28
Short Long Term Debt Total	0.97	1.0	-0.82	-0.93	0.96	0.95	0.21	0.82	-0.44	0.04		-0.97	-0.82	0.94	-0.03	0.78	-0.88	-0.03	-0.78	0.72	0.19	0.57	-0.84	0.19	1.0	-0.93
Total Stockholder Equity	-0.92	-0.97	0.91	0.92	-0.94	-0.91	-0.04	-0.78	0.44	0.13	-0.97		0.77	-0.97	0.21	-0.85	0.94	0.21	0.64	-0.77	-0.23	-0.45	0.78	-0.23	-0.97	0.99
Property Plant And Equipment Net	-0.72	-0.84	0.61	0.95	-0.93	-0.96	-0.62	-0.9	0.43	-0.48	-0.82	0.77		-0.62	-0.4	-0.45	0.52	-0.4	0.55	-0.34	-0.48	-0.92	1.0	-0.48	-0.85	0.68
Net Debt	0.91	0.93	-0.92	-0.81	0.87	0.81	-0.14	0.65	-0.4	-0.31	0.94	-0.97	-0.62		-0.37	0.87	-0.98	-0.37	-0.72	0.87	0.17	0.27	-0.64	0.17	0.93	-0.98
Cash	-0.03	-0.02	0.47	-0.14	0.08	0.19	0.96	0.27	-0.02	0.99	-0.03	0.21	-0.4	-0.37		-0.47	0.45	1.0	-0.05	-0.6	0.05	0.73	-0.39	0.05	0.0	0.35
Non Current Assets Total	0.78	0.77	-0.81	-0.67	0.68	0.63	-0.27	0.63	-0.32	-0.4	0.78	-0.85	-0.45	0.87	-0.47		-0.88	-0.47	-0.38	0.9	-0.09	0.11	-0.48	-0.09	0.76	-0.87
Non Currrent Assets Other	-0.88	-0.87	0.89	0.74	-0.78	-0.72	0.24	-0.58	0.36	0.39	-0.88	0.94	0.52	-0.98	0.45	-0.88		0.45	0.62	-0.83	-0.04	-0.15	0.54	-0.04	-0.87	0.97
Cash And Short Term Investments	-0.03	-0.02	0.47	-0.14	0.08	0.19	0.96	0.27	-0.02	0.99	-0.03	0.21	-0.4	-0.37	1.0	-0.47	0.45		-0.05	-0.6	0.05	0.73	-0.39	0.05	0.0	0.35
Net Receivables	-0.79	-0.77	0.49	0.59	-0.7	-0.7	-0.22	-0.46	0.3	-0.06	-0.78	0.64	0.55	-0.72	-0.05	-0.38	0.62	-0.05		-0.56	-0.16	-0.42	0.55	-0.16	-0.77	0.62
Common Stock Shares Outstanding	0.71	0.71	-0.8	-0.55	0.63	0.56	-0.4	0.47	-0.29	-0.55	0.72	-0.77	-0.34	0.87	-0.6	0.9	-0.83	-0.6	-0.56		0.05	-0.01	-0.35	0.05	0.7	-0.83
Short Term Investments	-0.02	0.22	-0.43	-0.4	0.42	0.39	0.19	0.24	-0.22	0.09	0.19	-0.23	-0.48	0.17	0.05	-0.09	-0.04	0.05	-0.16	0.05		0.46	-0.46	1.0	0.23	-0.25
Non Current Liabilities Total	0.48	0.59	-0.25	-0.75	0.71	0.78	0.87	0.77	-0.32	0.78	0.57	-0.45	-0.92	0.27	0.73	0.11	-0.15	0.73	-0.42	-0.01	0.46		-0.91	0.46	0.61	-0.33
Capital Lease Obligations	-0.74	-0.85	0.62	0.96	-0.93	-0.96	-0.61	-0.9	0.43	-0.47	-0.84	0.78	1.0	-0.64	-0.39	-0.48	0.54	-0.39	0.55	-0.35	-0.46	-0.91		-0.46	-0.86	0.69
Other Current Assets	-0.02	0.22	-0.43	-0.4	0.42	0.39	0.19	0.24	-0.22	0.09	0.19	-0.23	-0.48	0.17	0.05	-0.09	-0.04	0.05	-0.16	0.05	1.0	0.46	-0.46		0.23	-0.25
Total Liab	0.96	1.0	-0.82	-0.95	0.98	0.97	0.24	0.84	-0.44	0.07	1.0	-0.97	-0.85	0.93	0.0	0.76	-0.87	0.0	-0.77	0.7	0.23	0.61	-0.86	0.23		-0.92
Net Invested Capital	-0.88	-0.93	0.96	0.86	-0.89	-0.84	0.11	-0.7	0.42	0.28	-0.93	0.99	0.68	-0.98	0.35	-0.87	0.97	0.35	0.62	-0.83	-0.25	-0.33	0.69	-0.25	-0.92

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Gaming Technologies Account Relationship Matchups

Gaming Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	62.0K	14.9K	32.9K	945.3K	1.1M	1.1M
Total Current Liabilities	212.4K	397.9K	2.6M	5.1M	5.9M	6.2M
Retained Earnings	(754.4K)	(8.0M)	(20.9M)	(27.2M)	(24.5M)	(23.3M)
Accounts Payable	51.7K	368.8K	1.6M	1.8M	2.0M	2.1M
Other Stockholder Equity	1.0M	9.6M	18.9M	22.7M	26.1M	27.5M
Total Current Assets	367.0K	2.0M	516.3K	399.2K	459.1K	739.6K
Common Stock	24.6K	28.4K	31.4K	45.7K	52.6K	29.2K

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