Gaming Non Currrent Assets Other vs Cash Analysis

GMR Stock   36.90  0.10  0.27%   
Gaming Realms financial indicator trend analysis is much more than just examining Gaming Realms plc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gaming Realms plc is a good investment. Please check the relationship between Gaming Realms Non Currrent Assets Other and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gaming Realms 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 bureau of economic analysis.

Non Currrent Assets Other vs Cash

Non Currrent Assets Other vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gaming Realms plc Non Currrent Assets Other account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Gaming Realms' Non Currrent Assets Other and Cash is -0.12. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash in the same time period over historical financial statements of Gaming Realms plc, assuming nothing else is changed. The correlation between historical values of Gaming Realms' Non Currrent Assets Other 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 Non Currrent Assets Other of Gaming Realms plc 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 Non Currrent Assets Other i.e., Gaming Realms' Non Currrent Assets Other and Cash go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Cash

Cash refers to the most liquid asset of Gaming Realms plc, which is listed under current asset account on Gaming Realms plc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Gaming Realms customers. The amounts must be unrestricted with restricted cash listed in a different Gaming Realms 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 Gaming Realms' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gaming Realms 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 Gaming Realms 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 bureau of economic analysis.
As of November 30, 2024, Selling General Administrative is expected to decline to about 5.6 M. The current year's Discontinued Operations is expected to grow to about (855.9 K)
 2021 2022 2023 2024 (projected)
Interest Expense534.1K282.0K43.9K41.7K
Depreciation And Amortization3.3M3.9M4.1M4.3M

Gaming Realms fundamental ratios Correlations

0.540.860.930.170.070.180.6-0.010.94-0.04-0.110.680.660.440.280.51-0.270.840.090.52-0.020.820.7-0.31-0.48
0.540.580.450.03-0.08-0.090.020.130.47-0.470.00.40.530.520.010.340.080.530.050.38-0.530.170.43-0.49-0.37
0.860.580.67-0.040.17-0.010.77-0.140.85-0.03-0.280.450.470.360.220.48-0.140.91-0.130.340.020.720.49-0.27-0.48
0.930.450.670.19-0.130.30.380.170.85-0.030.150.670.620.410.040.47-0.280.590.270.56-0.030.760.67-0.29-0.58
0.170.03-0.040.19-0.1-0.28-0.060.160.170.310.010.680.670.140.13-0.10.430.090.70.07-0.170.390.69-0.57-0.01
0.07-0.080.17-0.13-0.1-0.10.28-0.960.050.19-0.91-0.2-0.11-0.120.680.250.030.34-0.530.070.410.23-0.120.10.43
0.18-0.09-0.010.3-0.28-0.1-0.130.030.22-0.370.21-0.08-0.14-0.340.0-0.05-0.7-0.06-0.19-0.050.37-0.01-0.080.58-0.15
0.60.020.770.38-0.060.28-0.13-0.290.660.18-0.380.190.170.220.360.23-0.240.76-0.310.070.270.630.220.0-0.15
-0.010.13-0.140.170.16-0.960.03-0.29-0.08-0.120.860.370.260.15-0.63-0.02-0.02-0.270.620.16-0.54-0.20.28-0.19-0.5
0.940.470.850.850.170.050.220.66-0.08-0.1-0.150.540.550.340.320.24-0.270.84-0.020.210.140.810.57-0.22-0.34
-0.04-0.47-0.03-0.030.310.19-0.370.18-0.12-0.1-0.180.16-0.06-0.1-0.050.170.32-0.050.290.150.250.410.15-0.050.01
-0.110.0-0.280.150.01-0.910.21-0.380.86-0.15-0.180.090.00.17-0.66-0.23-0.12-0.460.470.05-0.31-0.260.020.0-0.4
0.680.40.450.670.68-0.2-0.080.190.370.540.160.090.930.380.110.490.130.520.650.62-0.40.590.99-0.58-0.5
0.660.530.470.620.67-0.11-0.140.170.260.55-0.060.00.930.360.20.450.20.550.60.55-0.380.550.93-0.74-0.45
0.440.520.360.410.14-0.12-0.340.220.150.34-0.10.170.380.360.020.150.140.380.020.43-0.630.160.41-0.27-0.19
0.280.010.220.040.130.680.00.36-0.630.32-0.05-0.660.110.20.020.05-0.20.57-0.430.010.280.30.160.050.55
0.510.340.480.47-0.10.25-0.050.23-0.020.240.17-0.230.490.450.150.05-0.10.440.160.89-0.240.380.48-0.31-0.53
-0.270.08-0.14-0.280.430.03-0.7-0.24-0.02-0.270.32-0.120.130.20.14-0.2-0.1-0.170.44-0.08-0.24-0.010.16-0.61-0.06
0.840.530.910.590.090.34-0.060.76-0.270.84-0.05-0.460.520.550.380.570.44-0.17-0.210.34-0.010.690.57-0.25-0.2
0.090.05-0.130.270.7-0.53-0.19-0.310.62-0.020.290.470.650.60.02-0.430.160.44-0.210.32-0.290.240.6-0.67-0.52
0.520.380.340.560.070.07-0.050.070.160.210.150.050.620.550.430.010.89-0.080.340.32-0.430.330.6-0.36-0.52
-0.02-0.530.02-0.03-0.170.410.370.27-0.540.140.25-0.31-0.4-0.38-0.630.28-0.24-0.24-0.01-0.29-0.430.35-0.390.350.24
0.820.170.720.760.390.23-0.010.63-0.20.810.41-0.260.590.550.160.30.38-0.010.690.240.330.350.61-0.38-0.33
0.70.430.490.670.69-0.12-0.080.220.280.570.150.020.990.930.410.160.480.160.570.60.6-0.390.61-0.58-0.48
-0.31-0.49-0.27-0.29-0.570.10.580.0-0.19-0.22-0.050.0-0.58-0.74-0.270.05-0.31-0.61-0.25-0.67-0.360.35-0.38-0.580.38
-0.48-0.37-0.48-0.58-0.010.43-0.15-0.15-0.5-0.340.01-0.4-0.5-0.45-0.190.55-0.53-0.06-0.2-0.52-0.520.24-0.33-0.480.38
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Gaming Realms Account Relationship Matchups

Gaming Realms fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.0M17.8M20.1M21.6M28.2M17.8M
Other Current Liab1.6M1.5M5.7M2.1M2.3M1.7M
Total Current Liabilities2.4M2.3M6.6M3.5M3.4M3.6M
Total Stockholder Equity12.0M10.9M13.1M17.9M24.4M13.0M
Property Plant And Equipment Net760.8K560.8K484.6K535.4K367.1K448.4K
Net Debt(1.7M)(1.4M)(4.1M)(2.5M)(7.3M)(6.9M)
Retained Earnings(37.6M)(38.8M)(37.0M)(32.8M)(26.5M)(27.8M)
Accounts Payable2.1M368.4K531.9K669.0K727.7K691.3K
Cash2.6M2.1M4.4M2.9M7.5M7.8M
Non Current Assets Total13.1M12.2M12.5M13.4M15.7M10.4M
Non Currrent Assets Other597.6K551.8K150.6K138.8K139.5K146.5K
Cash And Short Term Investments2.6M2.1M4.4M2.9M7.5M4.4M
Liabilities And Stockholders Equity19.0M17.8M20.1M21.6M28.2M17.8M
Non Current Liabilities Total4.5M4.6M368.1K243.3K353.4K335.7K
Other Current Assets126.4K140.1K3.3M5.1M5.8M6.1M
Other Stockholder Equity19.5M87.3M87.4M87.7M20.1M36.3M
Total Liab6.9M6.9M7.0M3.7M3.8M4.8M
Property Plant And Equipment Gross760.8K560.8K1.2M1.4M1.5M1.6M
Total Current Assets5.9M5.6M7.7M8.3M12.5M7.4M
Accumulated Other Comprehensive Income1.6M1.4M1.4M1.5M1.4M1.5M
Short Term Debt256.5K343.9K172.9K217.7K52.1K49.5K
Intangible Assets6.5M6.1M6.8M7.3M8.2M5.4M
Inventory(2.7M)1.3M972.6K(5.1M)(4.6M)(4.3M)
Short Long Term Debt Total902.6K684.0K341.1K385.4K185.6K176.3K
Net Receivables1.9M2.3M3.3M5.3M5.1M2.7M
Good Will5.2M5.0M5.0M5.1M5.1M6.3M
Net Tangible Assets8.5M4.1M3.9M6.7M7.7M8.0M
Other Assets3.9M4.0M4.4M5.5M6.3M3.7M
Deferred Long Term Liab3.8M3.8M4.2M5.4M6.2M3.6M
Property Plant Equipment127.6K917.9K560.8K484.6K557.3K381.3K
Other Liab1.0M930.5K1.1M199.9K179.9K170.9K
Net Invested Capital12.0M10.9M13.1M17.9M24.4M17.8M
Net Working Capital3.5M3.3M1.0M4.8M9.1M9.5M

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Other Information on Investing in Gaming Stock

Balance Sheet is a snapshot of the financial position of Gaming Realms plc at a specified time, usually calculated after every quarter, six months, or one year. Gaming Realms Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gaming Realms and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Gaming currently owns. An asset can also be divided into two categories, current and non-current.