Gold Ent Return On Asset vs. Cash And Equivalents

GEGP Stock  USD 0.0001  0.0001  50.00%   
Based on Gold Ent's profitability indicators, Gold Ent Group may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Gold Ent's ability to earn profits and add value for shareholders.
For Gold Ent profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Gold Ent to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Gold Ent Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Gold Ent's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Gold Ent Group over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Gold Ent's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gold Ent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gold Ent'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.

Gold Ent Group Cash And Equivalents vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Gold Ent's current stock value. Our valuation model uses many indicators to compare Gold Ent value to that of its competitors to determine the firm's financial worth.
Gold Ent Group is rated below average in return on asset category among its peers. It is rated below average in cash and equivalents category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Gold Ent's earnings, one of the primary drivers of an investment's value.

Gold Cash And Equivalents vs. Return On Asset

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Gold Ent

Return On Asset

 = 

Net Income

Total Assets

 = 
-12.56
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Gold Ent

Cash

 = 

Bank Deposits

+

Liquidities

 = 
775
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).

Gold Cash And Equivalents Comparison

Gold Ent is currently under evaluation in cash and equivalents category among its peers.

Gold Ent Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Gold Ent, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Gold Ent will eventually generate negative long term returns. The profitability progress is the general direction of Gold Ent's change in net profit over the period of time. It can combine multiple indicators of Gold Ent, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Gold Entertainment Group, Inc. does not have significant operations. The company was incorporated in 1999 and is based in Reno, Nevada. Gold Entertainment is traded on OTC Exchange in the United States.

Gold Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Gold Ent. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Gold Ent position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Gold Ent's important profitability drivers and their relationship over time.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in Gold Ent without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Correlation Analysis

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Use Investing Themes to Complement your Gold Ent position

In addition to having Gold Ent in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Marketing
Marketing Theme
Companies providing marketing and public relation (PR) services as well as news and media distribution. The Marketing theme has 37 constituents at this time.
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Additional Tools for Gold Pink Sheet Analysis

When running Gold Ent's price analysis, check to measure Gold Ent'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 Gold Ent is operating at the current time. Most of Gold Ent's value examination focuses on studying past and present price action to predict the probability of Gold Ent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold Ent's price. Additionally, you may evaluate how the addition of Gold Ent to your portfolios can decrease your overall portfolio volatility.