Gogo Historical Balance Sheet

GOGO Stock

USD 7.74 0.16 2.03%

Trend analysis of Gogo Inc balance sheet accounts such as Other Current Liabilities of 34.4 M or Total Current Liabilities of 68.4 M provides information on Gogo's total assets, liabilities, and equity, which is the actual value of Gogo Inc to its prevalent stockholders. By breaking down trends over time using Gogo balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Gogo Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Gogo Inc is a good buy for the upcoming year.

Gogo Inventory

49.23 Million

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gogo Inc. 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.

About Gogo Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Gogo Inc at a specified time, usually calculated after every quarter, six months, or one year. Gogo Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gogo 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 Gogo currently owns. An asset can also be divided into two categories, current and non-current.

Gogo Balance Sheet Chart

At this time, Gogo's Non Current Assets Total are very stable compared to the past year. As of the 22nd of November 2024, Cash And Short Term Investments is likely to grow to about 237.7 M, while Short and Long Term Debt Total is likely to drop about 646.4 M.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities Common Stock Shares Outstanding Other Liab

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Total Assets

Total assets refers to the total amount of Gogo assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Gogo Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Gogo balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Gogo Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most accounts from Gogo's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Gogo Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Gogo Inc. 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.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	881.7M	776.7M	678.1M	646.4M
Total Assets	647.7M	759.5M	781.5M	856.7M

Short Long Term Debt Total Total Assets

Gogo balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.73	0.9	0.62	-0.04	0.89	0.92	0.73	-0.49	0.49	0.26	0.94	0.77	0.65	0.89	-0.03	-0.15	0.82	0.64	0.54	0.59	0.82	0.89	0.91	-0.15	0.72
Short Long Term Debt Total	0.73		0.6	0.8	-0.53	0.45	0.49	0.97	-0.92	-0.02	0.43	0.58	0.51	0.55	0.72	-0.17	0.19	0.85	0.61	0.61	0.75	0.89	0.43	0.79	0.45	0.18
Other Current Liab	0.9	0.6		0.69	-0.19	0.9	0.93	0.61	-0.26	0.48	0.16	0.84	0.9	0.56	0.8	0.24	-0.38	0.78	0.65	0.32	0.29	0.79	0.87	0.81	-0.16	0.83
Total Current Liabilities	0.62	0.8	0.69		-0.56	0.45	0.51	0.69	-0.58	0.2	0.62	0.38	0.55	0.74	0.5	0.14	-0.27	0.67	0.4	0.09	0.42	0.79	0.4	0.8	0.6	0.42
Total Stockholder Equity	-0.04	-0.53	-0.19	-0.56		0.06	0.04	-0.55	0.5	0.49	-0.1	0.06	-0.16	-0.06	-0.13	0.0	-0.12	-0.57	-0.28	-0.06	-0.08	-0.59	0.11	-0.16	-0.6	0.22
Property Plant And Equipment Net	0.89	0.45	0.9	0.45	0.06		0.98	0.47	-0.14	0.59	0.08	0.93	0.86	0.48	0.75	0.03	-0.4	0.7	0.53	0.3	0.24	0.68	0.98	0.71	-0.4	0.86
Current Deferred Revenue	0.92	0.49	0.93	0.51	0.04	0.98		0.5	-0.18	0.59	0.11	0.92	0.87	0.51	0.83	0.06	-0.37	0.72	0.61	0.32	0.29	0.71	0.98	0.77	-0.35	0.87
Net Debt	0.73	0.97	0.61	0.69	-0.55	0.47	0.5		-0.88	-0.06	0.19	0.63	0.53	0.41	0.74	-0.17	0.29	0.89	0.68	0.71	0.69	0.9	0.45	0.72	0.31	0.15
Retained Earnings	-0.49	-0.92	-0.26	-0.58	0.5	-0.14	-0.18	-0.88		0.22	-0.4	-0.35	-0.2	-0.36	-0.54	0.38	-0.46	-0.66	-0.49	-0.66	-0.8	-0.7	-0.13	-0.57	-0.54	0.18
Accounts Payable	0.49	-0.02	0.48	0.2	0.49	0.59	0.59	-0.06	0.22		0.13	0.5	0.38	0.42	0.28	0.27	-0.35	0.06	0.05	-0.02	0.18	0.09	0.57	0.4	-0.35	0.78
Cash	0.26	0.43	0.16	0.62	-0.1	0.08	0.11	0.19	-0.4	0.13		0.01	0.08	0.68	0.12	-0.08	-0.29	0.13	-0.03	-0.17	0.43	0.27	0.07	0.52	0.64	0.14
Non Current Assets Total	0.94	0.58	0.84	0.38	0.06	0.93	0.92	0.63	-0.35	0.5	0.01		0.8	0.39	0.87	-0.02	-0.07	0.76	0.63	0.61	0.49	0.71	0.93	0.71	-0.41	0.71
Non Currrent Assets Other	0.77	0.51	0.9	0.55	-0.16	0.86	0.87	0.53	-0.2	0.38	0.08	0.8		0.28	0.73	0.21	-0.44	0.68	0.73	0.34	0.2	0.68	0.84	0.61	-0.23	0.77
Cash And Short Term Investments	0.65	0.55	0.56	0.74	-0.06	0.48	0.51	0.41	-0.36	0.42	0.68	0.39	0.28		0.37	-0.02	-0.35	0.44	0.05	-0.03	0.43	0.55	0.46	0.86	0.37	0.51
Net Receivables	0.89	0.72	0.8	0.5	-0.13	0.75	0.83	0.74	-0.54	0.28	0.12	0.87	0.73	0.37		-0.01	0.09	0.81	0.81	0.67	0.58	0.79	0.8	0.77	-0.18	0.53
Good Will	-0.03	-0.17	0.24	0.14	0.0	0.03	0.06	-0.17	0.38	0.27	-0.08	-0.02	0.21	-0.02	-0.01		-0.21	-0.13	-0.04	-0.12	-0.15	-0.13	0.05	-0.04	-0.1	0.38
Common Stock Shares Outstanding	-0.15	0.19	-0.38	-0.27	-0.12	-0.4	-0.37	0.29	-0.46	-0.35	-0.29	-0.07	-0.44	-0.35	0.09	-0.21		0.04	0.05	0.55	0.39	-0.04	-0.35	-0.21	0.07	-0.62
Non Current Liabilities Total	0.82	0.85	0.78	0.67	-0.57	0.7	0.72	0.89	-0.66	0.06	0.13	0.76	0.68	0.44	0.81	-0.13	0.04		0.71	0.55	0.51	0.98	0.68	0.75	0.08	0.4
Inventory	0.64	0.61	0.65	0.4	-0.28	0.53	0.61	0.68	-0.49	0.05	-0.03	0.63	0.73	0.05	0.81	-0.04	0.05	0.71		0.67	0.41	0.67	0.55	0.54	-0.14	0.35
Other Current Assets	0.54	0.61	0.32	0.09	-0.06	0.3	0.32	0.71	-0.66	-0.02	-0.17	0.61	0.34	-0.03	0.67	-0.12	0.55	0.55	0.67		0.76	0.47	0.34	0.37	-0.19	0.03
Other Stockholder Equity	0.59	0.75	0.29	0.42	-0.08	0.24	0.29	0.69	-0.8	0.18	0.43	0.49	0.2	0.43	0.58	-0.15	0.39	0.51	0.41	0.76		0.52	0.27	0.61	0.24	0.09
Total Liab	0.82	0.89	0.79	0.79	-0.59	0.68	0.71	0.9	-0.7	0.09	0.27	0.71	0.68	0.55	0.79	-0.13	-0.04	0.98	0.67	0.47	0.52		0.65	0.82	0.22	0.41
Property Plant And Equipment Gross	0.89	0.43	0.87	0.4	0.11	0.98	0.98	0.45	-0.13	0.57	0.07	0.93	0.84	0.46	0.8	0.05	-0.35	0.68	0.55	0.34	0.27	0.65		0.7	-0.43	0.85
Total Current Assets	0.91	0.79	0.81	0.8	-0.16	0.71	0.77	0.72	-0.57	0.4	0.52	0.71	0.61	0.86	0.77	-0.04	-0.21	0.75	0.54	0.37	0.61	0.82	0.7		0.19	0.61
Short Term Debt	-0.15	0.45	-0.16	0.6	-0.6	-0.4	-0.35	0.31	-0.54	-0.35	0.64	-0.41	-0.23	0.37	-0.18	-0.1	0.07	0.08	-0.14	-0.19	0.24	0.22	-0.43	0.19		-0.39
Intangible Assets	0.72	0.18	0.83	0.42	0.22	0.86	0.87	0.15	0.18	0.78	0.14	0.71	0.77	0.51	0.53	0.38	-0.62	0.4	0.35	0.03	0.09	0.41	0.85	0.61	-0.39

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Gogo Account Relationship Matchups

Gogo balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.2B	673.6M	647.7M	759.5M	781.5M	856.7M
Short Long Term Debt Total	1.2B	1.2B	881.7M	776.7M	678.1M	646.4M
Other Current Liab	188.5M	72.9M	50.4M	48.7M	36.2M	34.4M
Total Current Liabilities	252.6M	438.1M	188.5M	84.4M	72.0M	68.4M
Total Stockholder Equity	(398.9M)	(641.1M)	(320.2M)	(101.9M)	40.7M	42.8M
Property Plant And Equipment Net	623.7M	97.2M	134.7M	179.9M	168.7M	334.7M
Current Deferred Revenue	34.8M	3.1M	1.8M	3.4M	10.8M	17.4M
Net Debt	1.0B	771.6M	735.8M	626.1M	539.1M	453.8M
Retained Earnings	(1.4B)	(1.6B)	(1.5B)	(1.4B)	(1.2B)	(1.3B)
Accounts Payable	17.2M	11.0M	17.2M	13.6M	16.1M	16.2M
Cash	170.0M	435.3M	145.9M	150.6M	139.0M	192.5M
Non Current Assets Total	789.9M	161.4M	397.8M	435.4M	466.9M	485.9M
Non Currrent Assets Other	89.7M	11.5M	3.5M	4.1M	5.7M	5.4M
Cash And Short Term Investments	170.0M	435.3M	145.9M	175.3M	139.0M	237.7M
Net Receivables	101.4M	42.3M	37.7M	60.7M	96.7M	64.1M
Common Stock Shares Outstanding	80.8M	82.3M	127.2M	133.9M	133.3M	98.9M
Liabilities And Stockholders Equity	1.2B	673.6M	647.7M	759.5M	781.5M	856.7M
Non Current Liabilities Total	1.4B	876.6M	779.3M	777.0M	668.8M	823.2M
Inventory	117.1M	28.1M	34.0M	49.5M	63.2M	49.2M
Other Current Assets	36.3M	6.5M	32.3M	38.6M	38.9M	21.5M
Other Stockholder Equity	979.5M	989.7M	1.1B	1.2B	1.2B	830.1M
Total Liab	1.6B	1.3B	967.8M	861.4M	740.8M	1.0B
Property Plant And Equipment Gross	623.7M	97.2M	63.7M	179.9M	290.0M	338.4M
Total Current Assets	424.8M	512.2M	249.9M	324.1M	314.6M	370.8M
Accumulated Other Comprehensive Income	(2.3M)	(1.0M)	1.8M	30.1M	15.8M	16.6M
Short Term Debt	12.2M	349.1M	117.1M	16.3M	17.5M	16.7M
Intangible Assets	75.9M	52.1M	48.9M	48.9M	55.0M	52.9M
Other Liab	180.9M	10.6M	7.2M	7.6M	6.8M	6.5M
Other Assets	89.7M	11.5M	213.6M	180.4M	207.5M	217.9M
Long Term Debt	1.1B	828.0M	694.8M	690.2M	587.5M	672.0M
Short Term Investments	39.3M	170.0M	925K	24.8M	23.2M	22.1M
Property Plant Equipment	560.3M	63.5M	63.7M	179.9M	161.9M	264.5M
Net Tangible Assets	(475.4M)	(693.8M)	(320.2M)	(151.4M)	(136.2M)	(143.1M)
Retained Earnings Total Equity	(1.2B)	(1.4B)	(1.6B)	(1.5B)	(1.3B)	(1.4B)
Long Term Debt Total	1.0B	1.1B	828.0M	694.8M	799.0M	798.2M
Capital Surpluse	963.5M	979.5M	1.1B	1.3B	1.4B	1.1B
Deferred Long Term Liab	129.1M	135.4M	1.9M	1.4M	1.3M	1.2M
Non Current Liabilities Other	124.3M	48.6M	84.6M	7.6M	8.3M	7.9M

Pair Trading with Gogo

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gogo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gogo will appreciate offsetting losses from the drop in the long position's value.

Moving against Gogo Stock

0.7	TEF	Telefonica SA ADR	Pair Corr
0.58	VZ	Verizon Communications Aggressive Push	Pair Corr
0.57	TBB	ATT Inc	Pair Corr
0.51	LILA	Liberty Latin America	Pair Corr
0.47	IRDM	Iridium Communications	Pair Corr

The ability to find closely correlated positions to Gogo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gogo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gogo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gogo Inc to buy it.

The correlation of Gogo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gogo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gogo Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Gogo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Gogo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gogo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gogo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gogo Inc Stock:

How To Invest In Gogo

Details

Is Gogo Stock a good investment?

Details

What is Gogo's Net Worth?

Details

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You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Is Wireless Telecommunication Services 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 Gogo. If investors know Gogo 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 Gogo 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

(0.50)

Earnings Share

0.43

Revenue Per Share

3.139

Quarterly Revenue Growth

0.026

Return On Assets

0.0847

The market value of Gogo Inc is measured differently than its book value, which is the value of Gogo that is recorded on the company's balance sheet. Investors also form their own opinion of Gogo's value that differs from its market value or its book value, called intrinsic value, which is Gogo'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 Gogo's market value can be influenced by many factors that don't directly affect Gogo'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 Gogo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gogo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gogo'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.

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Gogo Historical Balance Sheet

Gogo Inventory

49.23 Million

About Gogo Balance Sheet Analysis

Gogo Balance Sheet Chart

Total Assets

Total Current Liabilities

Common Stock Shares Outstanding

Gogo balance sheet Correlations

Gogo Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Gogo balance sheet Accounts

Pair Trading with Gogo

Moving against Gogo Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Current Deferred Revenue	+ 0.98	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.98	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.98	Current Deferred Revenue
Total Liab	+ 0.98	Non Current Liabilities Total
Net Debt	+ 0.97	Short Long Term Debt Total
Non Current Assets Total	+ 0.94	Total Assets

Retained Earnings	- 0.92	Short Long Term Debt Total
Retained Earnings	- 0.88	Net Debt
Other Stockholder Equity	- 0.8	Retained Earnings
Total Liab	- 0.7	Retained Earnings
Other Current Assets	- 0.66	Retained Earnings
Non Current Liabilities Total	- 0.66	Retained Earnings