Motorsport Ebit vs Cost Of Revenue Analysis
MSGM Stock | USD 1.32 0.02 1.49% |
Motorsport Gaming financial indicator trend analysis is infinitely more than just investigating Motorsport Gaming recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Motorsport Gaming is a good investment. Please check the relationship between Motorsport Gaming Ebit and its Cost Of Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Motorsport Gaming Us. 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.
Ebit vs Cost Of Revenue
Ebit vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Motorsport Gaming Ebit account and Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Motorsport Gaming's Ebit and Cost Of Revenue is -0.31. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Motorsport Gaming Us, assuming nothing else is changed. The correlation between historical values of Motorsport Gaming's Ebit and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Motorsport Gaming Us are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Ebit i.e., Motorsport Gaming's Ebit and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.31 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ebit
Cost Of Revenue
Cost of Revenue is found on Motorsport Gaming income statement and represents the costs associated with goods and services Motorsport Gaming provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most indicators from Motorsport Gaming's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Motorsport Gaming 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Motorsport Gaming Us. 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. At this time, Motorsport Gaming's Selling General Administrative is very stable compared to the past year. As of the 30th of November 2024, Issuance Of Capital Stock is likely to grow to about 14.8 M, while Enterprise Value Multiple is likely to drop (0.60).
2023 | 2024 (projected) | Depreciation And Amortization | 2.1M | 1.6M | Interest Income | 1.2K | 1.1K |
Motorsport Gaming fundamental ratios Correlations
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Motorsport Gaming Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Motorsport Gaming fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 12.8M | 17.4M | 50.7M | 18.9M | 9.8M | 9.3M | |
Short Long Term Debt Total | 8.0M | 10.9M | 119.0K | 997.8K | 198.7K | 188.7K | |
Other Current Liab | 852.9K | 3.3M | 6.1M | 10.1M | 6.3M | 5.1M | |
Total Current Liabilities | 9.2M | 14.9M | 8.6M | 13.3M | 7.6M | 11.0M | |
Total Stockholder Equity | (3.1M) | (1.0M) | 36.7M | 1.5M | 3.0M | 2.9M | |
Property Plant And Equipment Net | 127.4K | 162.1K | 727.1K | 1.5M | 445K | 554.9K | |
Net Debt | 6.1M | 6.9M | (17.7M) | 18.5K | (1.5M) | (1.4M) | |
Retained Earnings | (3.1M) | (4.8M) | (38.0M) | (74.0M) | (87.0M) | (82.7M) | |
Accounts Payable | 266.9K | 706.0K | 1.8M | 2.4M | 813.7K | 1.2M | |
Cash | 2.0M | 4.0M | 17.8M | 979.3K | 1.7M | 1.6M | |
Non Current Assets Total | 5.6M | 6.9M | 26.1M | 14.9M | 6.2M | 12.2M | |
Non Currrent Assets Other | 55.4K | 1.0M | (26.1M) | (14.9M) | (13.4M) | (12.7M) | |
Cash And Short Term Investments | 2.0M | 4.0M | 17.8M | 979.3K | 1.7M | 1.6M | |
Net Receivables | 5.1M | 6.0M | 5.6M | 2.0M | 735.8K | 699.0K | |
Common Stock Shares Outstanding | 1.7M | 1.8M | 1.9M | 1.2M | 2.6M | 3.5M | |
Liabilities And Stockholders Equity | 12.8M | 17.4M | 50.7M | 18.9M | 9.8M | 9.3M | |
Non Current Liabilities Total | 8.3M | 856.7K | 4.1M | 3.7M | 76.8K | 72.9K | |
Other Current Assets | 77.0K | 1.0M | 1.2M | 1.0M | 1.1M | 825.8K | |
Other Stockholder Equity | 3.1M | (1.0M) | 75.7M | 76.4M | 91.9M | 96.5M | |
Total Liab | 9.2M | 15.8M | 12.7M | 17.0M | 7.7M | 12.6M | |
Net Invested Capital | 5.0M | 9.8M | 36.8M | 1.5M | 3.0M | 2.9M | |
Property Plant And Equipment Gross | 127.4K | 162.1K | 1.0M | 1.9M | 1.2M | 811.2K | |
Total Current Assets | 7.1M | 10.5M | 24.6M | 4.0M | 3.5M | 3.3M | |
Accumulated Other Comprehensive Income | (49.5K) | 4.9K | (945.4K) | (933.4K) | (1.9M) | (1.8M) | |
Net Working Capital | (2.0M) | (4.4M) | 16.0M | (9.3M) | (4.1M) | (3.9M) | |
Short Term Debt | 8.0M | 10.9M | (404.8K) | 380.5K | 153.0K | 145.4K | |
Intangible Assets | 5.3M | 5.6M | 20.5M | 13.4M | 5.8M | 10.4M |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Motorsport Gaming Us. 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. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Movies & Entertainment 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 Motorsport Gaming. If investors know Motorsport 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 Motorsport Gaming listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 2.06 | Revenue Per Share 3.076 | Quarterly Revenue Growth 0.082 | Return On Assets (0.49) | Return On Equity (0.14) |
The market value of Motorsport Gaming is measured differently than its book value, which is the value of Motorsport that is recorded on the company's balance sheet. Investors also form their own opinion of Motorsport Gaming's value that differs from its market value or its book value, called intrinsic value, which is Motorsport Gaming'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 Motorsport Gaming's market value can be influenced by many factors that don't directly affect Motorsport Gaming'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 Motorsport Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Motorsport Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Motorsport Gaming'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.