Motorsport Net Debt vs Non Current Liabilities Total Analysis

MSGM Stock  USD 1.11  0.02  1.77%   
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 Net Debt and its Non Current Liabilities Total 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.

Net Debt vs Non Current Liabilities Total

Net Debt vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Motorsport Gaming Net Debt account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Motorsport Gaming's Net Debt and Non Current Liabilities Total is 0.15. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Liabilities Total 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 Net Debt and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Motorsport Gaming Us are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Debt i.e., Motorsport Gaming's Net Debt and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Non Current Liabilities Total

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 24th 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 Amortization2.1M1.6M
Interest Income1.2K1.1K

Motorsport Gaming fundamental ratios Correlations

-0.260.30.070.940.270.32-0.84-0.010.50.970.87-0.620.230.970.340.96-0.240.080.390.220.310.960.26-0.250.93
-0.26-0.590.14-0.49-0.81-0.580.710.72-0.65-0.23-0.560.76-0.43-0.230.66-0.310.170.34-0.4-0.79-0.07-0.19-0.671.0-0.01
0.3-0.590.660.40.890.95-0.43-0.880.830.150.64-0.840.870.15-0.680.12-0.77-0.60.890.870.790.220.98-0.63-0.04
0.070.140.660.040.420.610.11-0.480.42-0.050.31-0.350.74-0.05-0.32-0.17-0.81-0.540.730.430.960.080.550.1-0.1
0.94-0.490.40.040.510.37-0.96-0.260.510.950.91-0.790.40.950.070.94-0.33-0.130.510.470.290.950.38-0.470.84
0.27-0.810.890.420.510.8-0.6-0.960.70.220.66-0.920.870.22-0.810.21-0.68-0.680.840.990.570.270.9-0.82-0.02
0.32-0.580.950.610.370.8-0.41-0.770.910.130.67-0.780.710.13-0.590.13-0.67-0.380.740.780.770.180.96-0.63-0.03
-0.840.71-0.430.11-0.96-0.6-0.410.35-0.58-0.85-0.880.82-0.37-0.850.09-0.880.210.15-0.45-0.55-0.16-0.82-0.440.69-0.71
-0.010.72-0.88-0.48-0.26-0.96-0.770.35-0.590.04-0.440.78-0.870.040.930.070.710.73-0.8-0.97-0.57-0.02-0.890.740.28
0.5-0.650.830.420.510.70.91-0.58-0.590.320.78-0.750.560.32-0.380.35-0.39-0.290.610.650.640.330.83-0.690.19
0.97-0.230.15-0.050.950.220.13-0.850.040.320.8-0.570.191.00.370.99-0.170.050.320.180.170.990.11-0.210.97
0.87-0.560.640.310.910.660.67-0.88-0.440.780.8-0.880.550.8-0.120.79-0.49-0.20.630.610.560.810.61-0.570.67
-0.620.76-0.84-0.35-0.79-0.92-0.780.820.78-0.75-0.57-0.88-0.78-0.570.52-0.560.670.46-0.81-0.9-0.57-0.61-0.840.77-0.36
0.23-0.430.870.740.40.870.71-0.37-0.870.560.190.55-0.780.19-0.670.1-0.85-0.850.970.870.80.290.8-0.450.0
0.97-0.230.15-0.050.950.220.13-0.850.040.321.00.8-0.570.190.370.99-0.170.050.320.180.170.990.11-0.210.97
0.340.66-0.68-0.320.07-0.81-0.590.090.93-0.380.37-0.120.52-0.670.370.370.50.66-0.55-0.84-0.340.33-0.730.680.59
0.96-0.310.12-0.170.940.210.13-0.880.070.350.990.79-0.560.10.990.37-0.070.140.230.160.070.960.1-0.280.95
-0.240.17-0.77-0.81-0.33-0.68-0.670.210.71-0.39-0.17-0.490.67-0.85-0.170.5-0.070.51-0.85-0.71-0.84-0.3-0.720.19-0.03
0.080.34-0.6-0.54-0.13-0.68-0.380.150.73-0.290.05-0.20.46-0.850.050.660.140.51-0.77-0.68-0.51-0.01-0.510.340.21
0.39-0.40.890.730.510.840.74-0.45-0.80.610.320.63-0.810.970.32-0.550.23-0.85-0.770.820.820.420.82-0.430.15
0.22-0.790.870.430.470.990.78-0.55-0.970.650.180.61-0.90.870.18-0.840.16-0.71-0.680.820.570.230.88-0.8-0.06
0.31-0.070.790.960.290.570.77-0.16-0.570.640.170.56-0.570.80.17-0.340.07-0.84-0.510.820.570.280.7-0.120.08
0.96-0.190.220.080.950.270.18-0.82-0.020.330.990.81-0.610.290.990.330.96-0.3-0.010.420.230.280.17-0.170.95
0.26-0.670.980.550.380.90.96-0.44-0.890.830.110.61-0.840.80.11-0.730.1-0.72-0.510.820.880.70.17-0.71-0.09
-0.251.0-0.630.1-0.47-0.82-0.630.690.74-0.69-0.21-0.570.77-0.45-0.210.68-0.280.190.34-0.43-0.8-0.12-0.17-0.710.02
0.93-0.01-0.04-0.10.84-0.02-0.03-0.710.280.190.970.67-0.360.00.970.590.95-0.030.210.15-0.060.080.95-0.090.02
Click cells to compare fundamentals

Motorsport Gaming Account Relationship Matchups

Motorsport Gaming fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.8M17.4M50.7M18.9M9.8M9.3M
Short Long Term Debt Total8.0M10.9M119.0K997.8K198.7K188.7K
Other Current Liab852.9K3.3M6.1M10.1M6.3M5.1M
Total Current Liabilities9.2M14.9M8.6M13.3M7.6M11.0M
Total Stockholder Equity(3.1M)(1.0M)36.7M1.5M3.0M2.9M
Property Plant And Equipment Net127.4K162.1K727.1K1.5M445K554.9K
Net Debt6.1M6.9M(17.7M)18.5K(1.5M)(1.4M)
Retained Earnings(3.1M)(4.8M)(38.0M)(74.0M)(87.0M)(82.7M)
Accounts Payable266.9K706.0K1.8M2.4M813.7K1.2M
Cash2.0M4.0M17.8M979.3K1.7M1.6M
Non Current Assets Total5.6M6.9M26.1M14.9M6.2M12.2M
Non Currrent Assets Other55.4K1.0M(26.1M)(14.9M)(13.4M)(12.7M)
Cash And Short Term Investments2.0M4.0M17.8M979.3K1.7M1.6M
Net Receivables5.1M6.0M5.6M2.0M735.8K699.0K
Common Stock Shares Outstanding1.7M1.8M1.9M1.2M2.6M3.5M
Liabilities And Stockholders Equity12.8M17.4M50.7M18.9M9.8M9.3M
Non Current Liabilities Total8.3M856.7K4.1M3.7M76.8K72.9K
Other Current Assets77.0K1.0M1.2M1.0M1.1M825.8K
Other Stockholder Equity3.1M(1.0M)75.7M76.4M91.9M96.5M
Total Liab9.2M15.8M12.7M17.0M7.7M12.6M
Net Invested Capital5.0M9.8M36.8M1.5M3.0M2.9M
Property Plant And Equipment Gross127.4K162.1K1.0M1.9M1.2M811.2K
Total Current Assets7.1M10.5M24.6M4.0M3.5M3.3M
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 Debt8.0M10.9M(404.8K)380.5K153.0K145.4K
Intangible Assets5.3M5.6M20.5M13.4M5.8M10.4M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Motorsport Gaming is a strong investment it is important to analyze Motorsport Gaming'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 Motorsport Gaming's future performance. For an informed investment choice regarding Motorsport Stock, refer to the following important reports:
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.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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.