Sportradar Long Term Debt vs Current Deferred Revenue 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 Long Term Debt and its Current Deferred Revenue 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.
Long Term Debt vs Current Deferred Revenue
Long Term Debt vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sportradar Group Long Term Debt account and Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sportradar Group's Long Term Debt and Current Deferred Revenue is -0.48. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Current Deferred Revenue 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 Long Term Debt and Current Deferred 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 Long Term Debt of Sportradar Group AG are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Long Term Debt i.e., Sportradar Group's Long Term Debt and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.48 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Long Term Debt
Long-term debt is a debt that Sportradar Group has held for over one year. Long-term debt appears on Sportradar Group AG balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Sportradar Group AG balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.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.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
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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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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.