Goosehead Current Deferred Revenue vs Cash And Short Term Investments Analysis

GSHD Stock

USD 126.34 4.16 3.40%

Goosehead Insurance financial indicator trend analysis is much more than just examining Goosehead Insurance latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Goosehead Insurance is a good investment. Please check the relationship between Goosehead Insurance Current Deferred Revenue and its Cash And Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goosehead Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

For information on how to trade Goosehead Stock refer to our How to Trade Goosehead Stock guide.

Current Deferred Revenue vs Cash And Short Term Investments

Current Deferred Revenue vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goosehead Insurance Current Deferred Revenue account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Goosehead Insurance's Current Deferred Revenue and Cash And Short Term Investments is 0.85. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Goosehead Insurance, assuming nothing else is changed. The correlation between historical values of Goosehead Insurance's Current Deferred Revenue and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Goosehead Insurance are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Current Deferred Revenue i.e., Goosehead Insurance's Current Deferred Revenue and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Goosehead Insurance balance sheet. This account contains Goosehead Insurance investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Goosehead Insurance fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Goosehead Insurance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Goosehead Insurance 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 Goosehead Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

For information on how to trade Goosehead Stock refer to our How to Trade Goosehead Stock guide.At present, Goosehead Insurance's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 14.9 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.23.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	5.1M	7.1M	9.5M	9.9M
Interest Income	1.2M	1.4M	1.4M	851.6K

Depreciation And Amortization Interest Income

Goosehead Insurance fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Short Long Term Debt
Total Assets		0.92	-0.91	0.6	0.58	1.0	0.84	0.93	0.88	0.88	0.93	0.9	0.86	-0.42	1.0	0.82	0.9	0.88	-0.38	0.86	0.84	0.36	0.8	0.93	0.98	0.95
Short Long Term Debt Total	0.92		-0.86	0.52	0.42	0.91	0.71	0.97	0.98	0.99	0.98	0.91	0.61	-0.63	0.9	0.96	0.91	0.97	-0.46	0.94	0.69	0.29	0.7	0.99	0.94	0.8
Other Current Liab	-0.91	-0.86		-0.22	-0.8	-0.9	-0.83	-0.86	-0.77	-0.82	-0.88	-0.92	-0.78	0.35	-0.92	-0.81	-0.92	-0.78	0.52	-0.83	-0.78	-0.38	-0.89	-0.86	-0.89	-0.89
Total Current Liabilities	0.6	0.52	-0.22		-0.22	0.62	0.31	0.55	0.6	0.55	0.52	0.35	0.51	-0.3	0.57	0.42	0.35	0.56	0.2	0.43	0.5	0.15	0.12	0.56	0.56	0.49
Total Stockholder Equity	0.58	0.42	-0.8	-0.22		0.57	0.78	0.45	0.29	0.32	0.49	0.68	0.68	0.06	0.62	0.34	0.68	0.36	-0.51	0.49	0.59	0.2	0.87	0.43	0.55	0.72
Other Liab	1.0	0.91	-0.9	0.62	0.57		0.84	0.92	0.88	0.88	0.93	0.9	0.87	-0.4	1.0	0.82	0.9	0.87	-0.37	0.85	0.85	0.33	0.79	0.93	0.97	0.96
Net Tangible Assets	0.84	0.71	-0.83	0.31	0.78	0.84		0.76	0.69	0.63	0.78	0.84	0.76	-0.32	0.84	0.56	0.84	0.74	-0.54	0.72	0.66	0.12	0.91	0.74	0.81	0.9
Property Plant And Equipment Net	0.93	0.97	-0.86	0.55	0.45	0.92	0.76		0.94	0.96	0.99	0.92	0.66	-0.65	0.92	0.87	0.92	0.93	-0.34	0.92	0.65	0.35	0.7	0.99	0.92	0.83
Current Deferred Revenue	0.88	0.98	-0.77	0.6	0.29	0.88	0.69	0.94		0.97	0.95	0.85	0.53	-0.69	0.85	0.94	0.85	0.99	-0.49	0.91	0.62	0.16	0.65	0.96	0.9	0.76
Net Debt	0.88	0.99	-0.82	0.55	0.32	0.88	0.63	0.96	0.97		0.95	0.85	0.55	-0.68	0.87	0.97	0.85	0.95	-0.4	0.89	0.64	0.37	0.6	0.97	0.91	0.73
Accounts Payable	0.93	0.98	-0.88	0.52	0.49	0.93	0.78	0.99	0.95	0.95		0.94	0.67	-0.61	0.92	0.89	0.94	0.94	-0.41	0.94	0.68	0.25	0.76	0.99	0.92	0.86
Cash	0.9	0.91	-0.92	0.35	0.68	0.9	0.84	0.92	0.85	0.85	0.94		0.73	-0.38	0.9	0.82	1.0	0.88	-0.46	0.96	0.77	0.24	0.86	0.93	0.92	0.89
Non Current Assets Total	0.86	0.61	-0.78	0.51	0.68	0.87	0.76	0.66	0.53	0.55	0.67	0.73		0.05	0.88	0.48	0.73	0.54	-0.12	0.61	0.91	0.38	0.73	0.66	0.8	0.91
Non Currrent Assets Other	-0.42	-0.63	0.35	-0.3	0.06	-0.4	-0.32	-0.65	-0.69	-0.68	-0.61	-0.38	0.05		-0.39	-0.6	-0.38	-0.65	0.36	-0.5	0.1	-0.1	-0.2	-0.61	-0.42	-0.26
Other Assets	1.0	0.9	-0.92	0.57	0.62	1.0	0.84	0.92	0.85	0.87	0.92	0.9	0.88	-0.39		0.81	0.9	0.85	-0.36	0.84	0.85	0.39	0.8	0.92	0.96	0.96
Long Term Debt	0.82	0.96	-0.81	0.42	0.34	0.82	0.56	0.87	0.94	0.97	0.89	0.82	0.48	-0.6	0.81		0.82	0.92	-0.55	0.88	0.65	0.29	0.62	0.91	0.88	0.68
Cash And Short Term Investments	0.9	0.91	-0.92	0.35	0.68	0.9	0.84	0.92	0.85	0.85	0.94	1.0	0.73	-0.38	0.9	0.82		0.88	-0.46	0.96	0.77	0.24	0.86	0.93	0.92	0.89
Net Receivables	0.88	0.97	-0.78	0.56	0.36	0.87	0.74	0.93	0.99	0.95	0.94	0.88	0.54	-0.65	0.85	0.92	0.88		-0.55	0.93	0.64	0.14	0.69	0.96	0.92	0.78
Common Stock Shares Outstanding	-0.38	-0.46	0.52	0.2	-0.51	-0.37	-0.54	-0.34	-0.49	-0.4	-0.41	-0.46	-0.12	0.36	-0.36	-0.55	-0.46	-0.55		-0.48	-0.24	0.29	-0.68	-0.38	-0.45	-0.43
Long Term Debt Total	0.86	0.94	-0.83	0.43	0.49	0.85	0.72	0.92	0.91	0.89	0.94	0.96	0.61	-0.5	0.84	0.88	0.96	0.93	-0.48		0.69	0.16	0.75	0.94	0.91	0.81
Non Current Liabilities Total	0.84	0.69	-0.78	0.5	0.59	0.85	0.66	0.65	0.62	0.64	0.68	0.77	0.91	0.1	0.85	0.65	0.77	0.64	-0.24	0.69		0.34	0.71	0.7	0.85	0.85
Other Current Assets	0.36	0.29	-0.38	0.15	0.2	0.33	0.12	0.35	0.16	0.37	0.25	0.24	0.38	-0.1	0.39	0.29	0.24	0.14	0.29	0.16	0.34		-0.02	0.31	0.36	0.18
Other Stockholder Equity	0.8	0.7	-0.89	0.12	0.87	0.79	0.91	0.7	0.65	0.6	0.76	0.86	0.73	-0.2	0.8	0.62	0.86	0.69	-0.68	0.75	0.71	-0.02		0.71	0.77	0.9
Total Liab	0.93	0.99	-0.86	0.56	0.43	0.93	0.74	0.99	0.96	0.97	0.99	0.93	0.66	-0.61	0.92	0.91	0.93	0.96	-0.38	0.94	0.7	0.31	0.71		0.94	0.83
Property Plant And Equipment Gross	0.98	0.94	-0.89	0.56	0.55	0.97	0.81	0.92	0.9	0.91	0.92	0.92	0.8	-0.42	0.96	0.88	0.92	0.92	-0.45	0.91	0.85	0.36	0.77	0.94		0.91
Short Long Term Debt	0.95	0.8	-0.89	0.49	0.72	0.96	0.9	0.83	0.76	0.73	0.86	0.89	0.91	-0.26	0.96	0.68	0.89	0.78	-0.43	0.81	0.85	0.18	0.9	0.83	0.91

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Goosehead Insurance Account Relationship Matchups

Goosehead Insurance fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	64.6M	185.8M	267.8M	321.4M	354.9M	372.6M
Short Long Term Debt Total	59.5M	119.0M	175.0M	165.2M	143.2M	108.6M
Other Current Liab	(12.7M)	(57.3M)	(125.2M)	(119.6M)	(143.1M)	(135.9M)
Total Current Liabilities	12.7M	20.4M	27.8M	37.1M	40.9M	42.9M
Total Stockholder Equity	(9.0M)	(4.9M)	(14.2M)	10.7M	56.6M	59.4M
Other Liab	40.1M	91.5M	143.5M	166.2M	191.1M	200.7M
Net Tangible Assets	(9.5M)	(5.4M)	(17.0M)	6.2M	7.1M	7.5M
Property Plant And Equipment Net	9.5M	39.2M	57.6M	79.4M	68.7M	37.2M
Current Deferred Revenue	2.8M	4.2M	6.1M	6.0M	4.1M	3.5M
Net Debt	31.8M	94.1M	146.4M	136.4M	101.3M	83.8M
Accounts Payable	6.0M	9.4M	14.9M	17.6M	16.4M	10.1M
Cash	14.3M	24.9M	28.5M	28.7M	42.0M	22.8M
Non Current Assets Total	10.0M	39.7M	60.4M	83.9M	280.3M	294.3M
Non Currrent Assets Other	(10.0M)	(39.7M)	(60.4M)	(155.3M)	13.1M	13.8M
Other Assets	19.8M	82.3M	137.2M	165.5M	190.3M	199.8M
Long Term Debt	42.2M	79.4M	118.4M	86.7M	67.6M	71.1M
Cash And Short Term Investments	14.3M	24.9M	28.5M	28.7M	42.0M	22.8M
Net Receivables	20.5M	38.9M	41.7M	43.2M	31.9M	25.7M
Common Stock Shares Outstanding	16.1M	18.4M	20.8M	21.8M	38.4M	19.9M
Long Term Debt Total	48.2M	47.6M	55.5M	79.4M	91.3M	57.2M
Liabilities And Stockholders Equity	64.6M	185.8M	267.8M	321.4M	354.9M	372.6M
Non Current Liabilities Total	62.2M	142.3M	208.2M	37.1M	297.2M	312.1M
Other Current Assets	(35.8M)	3.7M	4.8M	4.3M	7.9M	8.3M
Other Stockholder Equity	69.3M	29.4M	46.3M	70.9M	103.2M	108.4M
Total Liab	95.6M	224.2M	337.0M	355.0M	338.1M	206.3M
Property Plant And Equipment Gross	6.8M	7.6M	9.5M	39.2M	45.0M	47.3M
Short Long Term Debt	4M	3.5M	4.4M	6.9M	9.4M	9.8M
Total Current Assets	34.8M	63.8M	70.3M	72.0M	74.6M	48.5M
Short Term Debt	4M	6.7M	9.3M	13.5M	18.3M	19.2M
Intangible Assets	445K	549K	2.8M	4.5M	17.3M	18.1M
Property Plant Equipment	9.5M	16.7M	57.6M	79.4M	91.3M	95.9M
Net Invested Capital	37.2M	78.0M	108.5M	104.3M	133.5M	94.3M
Retained Earnings	(23.8M)	(34.6M)	(60.9M)	(60.6M)	(47.1M)	(49.4M)

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When determining whether Goosehead Insurance is a strong investment it is important to analyze Goosehead Insurance'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 Goosehead Insurance's future performance. For an informed investment choice regarding Goosehead Stock, refer to the following important reports:

How To Invest In Goosehead

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Is Goosehead Stock a good investment?

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What is Goosehead Insurance's Net Worth?

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Largest Insurance Brokers Companies

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goosehead Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

For information on how to trade Goosehead Stock refer to our How to Trade Goosehead Stock guide.

You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Is Insurance Brokers 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 Goosehead Insurance. If investors know Goosehead 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 Goosehead Insurance 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

0.051

Earnings Share

0.7

Revenue Per Share

11.444

Quarterly Revenue Growth

0.1

Return On Assets

0.0637

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

Current Deferred Revenue vs Cash And Short Term Investments

Current Deferred Revenue vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Cash And Short Term Investments

Goosehead Insurance fundamental ratios Correlations

Goosehead Insurance Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Goosehead Insurance fundamental ratios Accounts

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COMPANY

Other Liab	+ 1.0	Total Assets
Other Assets	+ 1.0	Total Assets
Other Assets	+ 1.0	Other Liab
Cash And Short Term Investments	+ 1.0	Cash
Net Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total

Cash And Short Term Investments	- 0.92	Other Current Liab
Other Assets	- 0.92	Other Current Liab
Cash	- 0.92	Other Current Liab
Other Current Liab	- 0.91	Total Assets
Other Liab	- 0.9	Other Current Liab
Short Long Term Debt	- 0.89	Other Current Liab