Champion Common Stock vs Property Plant And Equipment Net Analysis

WAGR Stock

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Champion Gaming financial indicator trend analysis is way more than just evaluating Champion Gaming Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Champion Gaming Group is a good investment. Please check the relationship between Champion Gaming Common Stock and its Property Plant And Equipment Net accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Champion Gaming Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Common Stock vs Property Plant And Equipment Net

Common Stock vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Champion Gaming Group Common Stock account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Champion Gaming's Common Stock and Property Plant And Equipment Net is 0.58. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Champion Gaming Group, assuming nothing else is changed. The correlation between historical values of Champion Gaming's Common Stock and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Champion Gaming Group are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Common Stock i.e., Champion Gaming's Common Stock and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

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Common Stock

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Most indicators from Champion Gaming's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Champion Gaming 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Champion Gaming Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Selling General Administrative is likely to drop to about 1.8 M in 2024. Issuance Of Capital Stock is likely to drop to about 666.2 K in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	1.8M	1.1M	641.1K	1.0M
Total Revenue	2.0M	1.3M	909.7K	1.2M

Gross Profit Total Revenue

Champion Gaming fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Cash	Non Current Assets Total	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Capital Stock	Net Working Capital	Short Long Term Debt	Net Debt	Long Term Debt
Other Current Liab		0.77	-0.37	-0.97	-0.89	0.73	-0.96	-0.7	1.0	1.0	0.45	-0.65	0.57	0.33	0.57	0.65	-0.37	0.81	-0.65	0.61	0.84	-0.67	0.64	-0.37	-0.37
Total Current Liabilities	0.77		-0.77	-0.81	-0.95	1.0	-0.83	-0.76	0.77	0.76	0.2	-0.95	0.5	0.04	0.5	0.88	-0.77	0.93	-0.94	0.55	0.93	-0.95	0.97	-0.77	-0.77
Other Liab	-0.37	-0.77		0.49	0.6	-0.79	0.55	0.61	-0.37	-0.36	0.03	0.68	-0.32	0.16	-0.32	-0.74	1.0	-0.52	0.68	-0.35	-0.55	0.68	-0.79	1.0	1.0
Net Tangible Assets	-0.97	-0.81	0.49		0.92	-0.77	0.99	0.73	-0.97	-0.97	-0.45	0.68	-0.63	-0.33	-0.63	-0.61	0.49	-0.77	0.67	-0.67	-0.83	0.69	-0.68	0.49	0.49
Retained Earnings	-0.89	-0.95	0.6	0.92		-0.93	0.92	0.71	-0.89	-0.89	-0.4	0.87	-0.63	-0.25	-0.63	-0.77	0.6	-0.93	0.86	-0.68	-0.96	0.88	-0.86	0.6	0.6
Accounts Payable	0.73	1.0	-0.79	-0.77	-0.93		-0.8	-0.79	0.73	0.73	0.11	-0.97	0.42	-0.05	0.42	0.9	-0.79	0.92	-0.96	0.48	0.9	-0.97	0.99	-0.79	-0.79
Net Receivables	-0.96	-0.83	0.55	0.99	0.92	-0.8		0.79	-0.96	-0.96	-0.36	0.72	-0.57	-0.23	-0.57	-0.66	0.55	-0.78	0.71	-0.6	-0.82	0.73	-0.73	0.55	0.55
Total Current Assets	-0.7	-0.76	0.61	0.73	0.71	-0.79	0.79		-0.69	-0.69	0.28	0.83	0.01	0.41	0.01	-0.74	0.61	-0.68	0.83	-0.04	-0.56	0.82	-0.82	0.61	0.61
Common Stock	1.0	0.77	-0.37	-0.97	-0.89	0.73	-0.96	-0.69		1.0	0.45	-0.65	0.58	0.33	0.58	0.64	-0.37	0.81	-0.64	0.61	0.84	-0.67	0.64	-0.37	-0.37
Property Plant Equipment	1.0	0.76	-0.36	-0.97	-0.89	0.73	-0.96	-0.69	1.0		0.45	-0.65	0.58	0.33	0.58	0.64	-0.36	0.8	-0.64	0.61	0.84	-0.66	0.63	-0.36	-0.36
Total Assets	0.45	0.2	0.03	-0.45	-0.4	0.11	-0.36	0.28	0.45	0.45		0.07	0.93	0.99	0.93	-0.04	0.03	0.24	0.09	0.91	0.48	0.04	-0.05	0.03	0.03
Total Stockholder Equity	-0.65	-0.95	0.68	0.68	0.87	-0.97	0.72	0.83	-0.65	-0.65	0.07		-0.22	0.23	-0.22	-0.88	0.68	-0.91	1.0	-0.28	-0.82	1.0	-0.98	0.68	0.68
Property Plant And Equipment Net	0.57	0.5	-0.32	-0.63	-0.63	0.42	-0.57	0.01	0.58	0.58	0.93	-0.22		0.86	1.0	0.22	-0.32	0.44	-0.21	1.0	0.68	-0.25	0.27	-0.32	-0.32
Cash	0.33	0.04	0.16	-0.33	-0.25	-0.05	-0.23	0.41	0.33	0.33	0.99	0.23	0.86		0.86	-0.2	0.16	0.08	0.25	0.84	0.33	0.2	-0.22	0.16	0.16
Non Current Assets Total	0.57	0.5	-0.32	-0.63	-0.63	0.42	-0.57	0.01	0.58	0.58	0.93	-0.22	1.0	0.86		0.22	-0.32	0.44	-0.21	1.0	0.68	-0.25	0.27	-0.32	-0.32
Common Stock Shares Outstanding	0.65	0.88	-0.74	-0.61	-0.77	0.9	-0.66	-0.74	0.64	0.64	-0.04	-0.88	0.22	-0.2	0.22		-0.74	0.88	-0.87	0.27	0.81	-0.87	0.91	-0.74	-0.74
Other Stockholder Equity	-0.37	-0.77	1.0	0.49	0.6	-0.79	0.55	0.61	-0.37	-0.36	0.03	0.68	-0.32	0.16	-0.32	-0.74		-0.52	0.68	-0.35	-0.55	0.68	-0.79	1.0	1.0
Total Liab	0.81	0.93	-0.52	-0.77	-0.93	0.92	-0.78	-0.68	0.81	0.8	0.24	-0.91	0.44	0.08	0.44	0.88	-0.52		-0.91	0.5	0.96	-0.92	0.89	-0.52	-0.52
Net Invested Capital	-0.65	-0.94	0.68	0.67	0.86	-0.96	0.71	0.83	-0.64	-0.64	0.09	1.0	-0.21	0.25	-0.21	-0.87	0.68	-0.91		-0.27	-0.81	1.0	-0.98	0.68	0.68
Property Plant And Equipment Gross	0.61	0.55	-0.35	-0.67	-0.68	0.48	-0.6	-0.04	0.61	0.61	0.91	-0.28	1.0	0.84	1.0	0.27	-0.35	0.5	-0.27		0.72	-0.31	0.33	-0.35	-0.35
Capital Stock	0.84	0.93	-0.55	-0.83	-0.96	0.9	-0.82	-0.56	0.84	0.84	0.48	-0.82	0.68	0.33	0.68	0.81	-0.55	0.96	-0.81	0.72		-0.84	0.82	-0.55	-0.55
Net Working Capital	-0.67	-0.95	0.68	0.69	0.88	-0.97	0.73	0.82	-0.67	-0.66	0.04	1.0	-0.25	0.2	-0.25	-0.87	0.68	-0.92	1.0	-0.31	-0.84		-0.98	0.68	0.68
Short Long Term Debt	0.64	0.97	-0.79	-0.68	-0.86	0.99	-0.73	-0.82	0.64	0.63	-0.05	-0.98	0.27	-0.22	0.27	0.91	-0.79	0.89	-0.98	0.33	0.82	-0.98		-0.79	-0.79
Net Debt	-0.37	-0.77	1.0	0.49	0.6	-0.79	0.55	0.61	-0.37	-0.36	0.03	0.68	-0.32	0.16	-0.32	-0.74	1.0	-0.52	0.68	-0.35	-0.55	0.68	-0.79		1.0
Long Term Debt	-0.37	-0.77	1.0	0.49	0.6	-0.79	0.55	0.61	-0.37	-0.36	0.03	0.68	-0.32	0.16	-0.32	-0.74	1.0	-0.52	0.68	-0.35	-0.55	0.68	-0.79	1.0

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Champion Gaming Account Relationship Matchups

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Champion Common Stock vs Property Plant And Equipment Net Analysis

Common Stock vs Property Plant And Equipment Net

Common Stock vs Property Plant And Equipment Net Correlation Analysis

Correlation Coefficient

Common Stock

Property Plant And Equipment Net

Champion Gaming fundamental ratios Correlations

Champion Gaming Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Champion Stock Analysis

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Common Stock	+ 1.0	Other Current Liab
Property Plant Equipment	+ 1.0	Other Current Liab
Accounts Payable	+ 1.0	Total Current Liabilities
Other Stockholder Equity	+ 1.0	Other Liab
Net Debt	+ 1.0	Other Liab
Long Term Debt	+ 1.0	Other Liab

Short Long Term Debt	- 0.98	Net Working Capital
Short Long Term Debt	- 0.98	Net Invested Capital
Short Long Term Debt	- 0.98	Total Stockholder Equity
Net Working Capital	- 0.97	Accounts Payable
Total Stockholder Equity	- 0.97	Accounts Payable
Property Plant Equipment	- 0.97	Net Tangible Assets