Sportradar Inventory vs Capital Lease Obligations Analysis
| SRAD Stock | USD 17.73 0.23 1.31% |
Sportradar Group financial indicator trend analysis is much more than just breaking down Sportradar Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sportradar Group is a good investment. Please check the relationship between Sportradar Group Inventory and its Capital Lease Obligations accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sportradar Group AG. 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.
Inventory vs Capital Lease Obligations
Inventory vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sportradar Group Inventory account and Capital Lease Obligations. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sportradar Group's Inventory and Capital Lease Obligations is -0.02. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Sportradar Group AG, assuming nothing else is changed. The correlation between historical values of Sportradar Group's Inventory and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Sportradar Group AG are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Inventory i.e., Sportradar Group's Inventory and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | -0.02 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Inventory
Capital Lease Obligations
Sportradar Group capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Sportradar Group asset purchases. For example, Sportradar Group can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Sportradar Group control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Most indicators from Sportradar Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sportradar Group 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sportradar Group AG. 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 present, Sportradar Group's Enterprise Value is projected to decrease significantly based on the last few years of reporting.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 134.5M | 181.5M | 206.4M | 170.2M | Interest Income | 5.2M | 5.3M | 7.7M | 6.4M |
Sportradar Group fundamental ratios Correlations
Click cells to compare fundamentals
Sportradar Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Sportradar Group is a strong investment it is important to analyze Sportradar Group'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 Sportradar Group's future performance. For an informed investment choice regarding Sportradar Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sportradar Group AG. 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. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Hotels, Restaurants & Leisure 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 Sportradar Group. If investors know Sportradar 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 Sportradar Group 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 1.364 | Earnings Share 0.14 | Revenue Per Share 3.506 | Quarterly Revenue Growth 0.269 | Return On Assets 0.0373 |
The market value of Sportradar Group is measured differently than its book value, which is the value of Sportradar that is recorded on the company's balance sheet. Investors also form their own opinion of Sportradar Group's value that differs from its market value or its book value, called intrinsic value, which is Sportradar Group'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 Sportradar Group's market value can be influenced by many factors that don't directly affect Sportradar Group'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 Sportradar Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sportradar Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sportradar Group'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.