Gaming Free Cash Flow Per Share vs Average Payables 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 Free Cash Flow Per Share and its Average Payables 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.

Free Cash Flow Per Share vs Average Payables

Free Cash Flow Per Share vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gaming Technologies Free Cash Flow Per Share account and Average Payables. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Gaming Technologies' Free Cash Flow Per Share and Average Payables is 0.11. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Average Payables 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' Free Cash Flow Per Share and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Gaming Technologies Common are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Free Cash Flow Per Share i.e., Gaming Technologies' Free Cash Flow Per Share and Average Payables go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

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.
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 Expenses11.9M2.4M2.7M2.6M
Cost Of Revenue857.7K467.5K537.7K444.8K

Gaming Technologies fundamental ratios Correlations

0.96-0.71-0.850.880.880.190.76-0.370.030.97-0.92-0.720.91-0.030.78-0.88-0.03-0.790.71-0.020.48-0.74-0.020.96-0.88
0.96-0.82-0.940.970.960.220.82-0.450.051.0-0.97-0.840.93-0.020.77-0.87-0.02-0.770.710.220.59-0.850.221.0-0.93
-0.71-0.820.79-0.82-0.750.24-0.570.490.39-0.820.910.61-0.920.47-0.810.890.470.49-0.8-0.43-0.250.62-0.43-0.820.96
-0.85-0.940.79-0.98-0.99-0.38-0.910.45-0.22-0.930.920.95-0.81-0.14-0.670.74-0.140.59-0.55-0.4-0.750.96-0.4-0.950.86
0.880.97-0.82-0.980.990.330.87-0.450.150.96-0.94-0.930.870.080.68-0.780.08-0.70.630.420.71-0.930.420.98-0.89
0.880.96-0.75-0.990.990.430.9-0.430.260.95-0.91-0.960.810.190.63-0.720.19-0.70.560.390.78-0.960.390.97-0.84
0.190.220.24-0.380.330.430.52-0.010.970.21-0.04-0.62-0.140.96-0.270.240.96-0.22-0.40.190.87-0.610.190.240.11
0.760.82-0.57-0.910.870.90.52-0.120.350.82-0.78-0.90.650.270.63-0.580.27-0.460.470.240.77-0.90.240.84-0.7
-0.37-0.450.490.45-0.45-0.43-0.01-0.12-0.05-0.440.440.43-0.4-0.02-0.320.36-0.020.3-0.29-0.22-0.320.43-0.22-0.440.42
0.030.050.39-0.220.150.260.970.35-0.050.040.13-0.48-0.310.99-0.40.390.99-0.06-0.550.090.78-0.470.090.070.28
0.971.0-0.82-0.930.960.950.210.82-0.440.04-0.97-0.820.94-0.030.78-0.88-0.03-0.780.720.190.57-0.840.191.0-0.93
-0.92-0.970.910.92-0.94-0.91-0.04-0.780.440.13-0.970.77-0.970.21-0.850.940.210.64-0.77-0.23-0.450.78-0.23-0.970.99
-0.72-0.840.610.95-0.93-0.96-0.62-0.90.43-0.48-0.820.77-0.62-0.4-0.450.52-0.40.55-0.34-0.48-0.921.0-0.48-0.850.68
0.910.93-0.92-0.810.870.81-0.140.65-0.4-0.310.94-0.97-0.62-0.370.87-0.98-0.37-0.720.870.170.27-0.640.170.93-0.98
-0.03-0.020.47-0.140.080.190.960.27-0.020.99-0.030.21-0.4-0.37-0.470.451.0-0.05-0.60.050.73-0.390.050.00.35
0.780.77-0.81-0.670.680.63-0.270.63-0.32-0.40.78-0.85-0.450.87-0.47-0.88-0.47-0.380.9-0.090.11-0.48-0.090.76-0.87
-0.88-0.870.890.74-0.78-0.720.24-0.580.360.39-0.880.940.52-0.980.45-0.880.450.62-0.83-0.04-0.150.54-0.04-0.870.97
-0.03-0.020.47-0.140.080.190.960.27-0.020.99-0.030.21-0.4-0.371.0-0.470.45-0.05-0.60.050.73-0.390.050.00.35
-0.79-0.770.490.59-0.7-0.7-0.22-0.460.3-0.06-0.780.640.55-0.72-0.05-0.380.62-0.05-0.56-0.16-0.420.55-0.16-0.770.62
0.710.71-0.8-0.550.630.56-0.40.47-0.29-0.550.72-0.77-0.340.87-0.60.9-0.83-0.6-0.560.05-0.01-0.350.050.7-0.83
-0.020.22-0.43-0.40.420.390.190.24-0.220.090.19-0.23-0.480.170.05-0.09-0.040.05-0.160.050.46-0.461.00.23-0.25
0.480.59-0.25-0.750.710.780.870.77-0.320.780.57-0.45-0.920.270.730.11-0.150.73-0.42-0.010.46-0.910.460.61-0.33
-0.74-0.850.620.96-0.93-0.96-0.61-0.90.43-0.47-0.840.781.0-0.64-0.39-0.480.54-0.390.55-0.35-0.46-0.91-0.46-0.860.69
-0.020.22-0.43-0.40.420.390.190.24-0.220.090.19-0.23-0.480.170.05-0.09-0.040.05-0.160.051.00.46-0.460.23-0.25
0.961.0-0.82-0.950.980.970.240.84-0.440.071.0-0.97-0.850.930.00.76-0.870.0-0.770.70.230.61-0.860.23-0.92
-0.88-0.930.960.86-0.89-0.840.11-0.70.420.28-0.930.990.68-0.980.35-0.870.970.350.62-0.83-0.25-0.330.69-0.25-0.92
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Gaming Technologies Account Relationship Matchups

Gaming Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab62.0K14.9K32.9K945.3K1.1M1.1M
Total Current Liabilities212.4K397.9K2.6M5.1M5.9M6.2M
Retained Earnings(754.4K)(8.0M)(20.9M)(27.2M)(24.5M)(23.3M)
Accounts Payable51.7K368.8K1.6M1.8M2.0M2.1M
Other Stockholder Equity1.0M9.6M18.9M22.7M26.1M27.5M
Total Current Assets367.0K2.0M516.3K399.2K459.1K739.6K
Common Stock24.6K28.4K31.4K45.7K52.6K29.2K

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Additional Tools for Gaming Stock Analysis

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