PLAY Stock | | | USD 34.10 0.15 0.44% |
Dave Busters financial indicator trend analysis is much more than just examining Dave Busters Enterta latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dave Busters Enterta is a good investment. Please check the relationship between Dave Busters Current Deferred Revenue and its Total Revenue accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Dave Busters Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Current Deferred Revenue vs Total Revenue
Current Deferred Revenue vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dave Busters Enterta Current Deferred Revenue account and
Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Dave Busters' Current Deferred Revenue and Total Revenue is 0.87. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Dave Busters Entertainment, assuming nothing else is changed. The correlation between historical values of Dave Busters' Current Deferred Revenue and Total 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 Current Deferred Revenue of Dave Busters Entertainment are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Current Deferred Revenue i.e., Dave Busters' Current Deferred Revenue and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.
Total Revenue
Total revenue comprises all receipts Dave Busters Enterta generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Dave Busters' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dave Busters Enterta 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Dave Busters Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
At this time, Dave Busters'
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to rise to about 38
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop
(28.61) in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 1.1B | 1.7B | 447.6M | 603.5M | Total Revenue | 1.3B | 2.0B | 2.2B | 2.3B |
Dave Busters fundamental ratios Correlations
Click cells to compare fundamentals
Dave Busters Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dave Busters fundamental ratios Accounts
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