Champion Total Cash From Operating Activities vs Total Current Liabilities Analysis
WAGR Stock | 0.01 0.00 0.00% |
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 Total Cash From Operating Activities and its Total Current Liabilities 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.
Total Cash From Operating Activities vs Total Current Liabilities
Total Cash From Operating Activities vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Champion Gaming Group Total Cash From Operating Activities account and Total Current Liabilities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Champion Gaming's Total Cash From Operating Activities and Total Current Liabilities is 0.11. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Total Current Liabilities 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 Total Cash From Operating Activities and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Cash From Operating Activities of Champion Gaming Group are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Cash From Operating Activities i.e., Champion Gaming's Total Cash From Operating Activities and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Cash From Operating Activities
Total Current Liabilities
Total Current Liabilities is an item on Champion Gaming balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Champion Gaming Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 |
Champion Gaming fundamental ratios Correlations
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Champion Gaming Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Champion Stock Analysis
When running Champion Gaming's price analysis, check to measure Champion Gaming's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Champion Gaming is operating at the current time. Most of Champion Gaming's value examination focuses on studying past and present price action to predict the probability of Champion Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Champion Gaming's price. Additionally, you may evaluate how the addition of Champion Gaming to your portfolios can decrease your overall portfolio volatility.