Galaxy Gaming Total Debt vs. Current Valuation
| GLXZ Stock | USD 2.82 0.09 3.30% |
For Galaxy Gaming profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Galaxy Gaming to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Galaxy Gaming utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Galaxy Gaming's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Galaxy Gaming over time as well as its relative position and ranking within its peers.
Galaxy |
Galaxy Gaming Current Valuation vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Galaxy Gaming's current stock value. Our valuation model uses many indicators to compare Galaxy Gaming value to that of its competitors to determine the firm's financial worth. Galaxy Gaming is rated as one of the top companies in total debt category among its peers. It is rated # 3 in current valuation category among its peers reporting about 1.88 of Current Valuation per Total Debt. Comparative valuation analysis is a catch-all model that can be used if you cannot value Galaxy Gaming by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Galaxy Gaming's OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Galaxy Total Debt vs. Competition
Galaxy Gaming is rated as one of the top companies in total debt category among its peers. Total debt of Gambling industry is currently estimated at about 83.29 Million. Galaxy Gaming totals roughly 52.14 Million in total debt claiming about 63% of equities under Gambling industry.
Galaxy Current Valuation vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Galaxy Gaming |
| = | 52.14 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Galaxy Gaming |
| = | 98.07 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Galaxy Current Valuation vs Competition
Galaxy Gaming is rated # 3 in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Gambling industry is currently estimated at about 522.8 Million. Galaxy Gaming retains roughly 98.07 Million in current valuation claiming about 19% of equities under Gambling industry.
Galaxy Gaming Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Galaxy Gaming, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Galaxy Gaming will eventually generate negative long term returns. The profitability progress is the general direction of Galaxy Gaming's change in net profit over the period of time. It can combine multiple indicators of Galaxy Gaming, 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.
Galaxy Gaming, Inc., a gaming company, designs, develops, acquires, assembles, markets, and licenses proprietary casino table games and associated technology, platforms, and systems for the casino gaming industry. Galaxy Gaming, Inc. was founded in 2006 and is headquartered in Las Vegas, Nevada. Galaxy Gaming operates under Gambling classification in the United States and is traded on OTC Exchange. It employs 36 people.
Galaxy Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Galaxy Gaming. 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 Galaxy Gaming 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 Galaxy Gaming's important profitability drivers and their relationship over time.
Use Galaxy Gaming in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Galaxy Gaming position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Galaxy Gaming will appreciate offsetting losses from the drop in the long position's value.Galaxy Gaming Pair Trading
Galaxy Gaming Pair Trading Analysis
The ability to find closely correlated positions to Galaxy Gaming could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Galaxy Gaming when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Galaxy Gaming - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Galaxy Gaming to buy it.
The correlation of Galaxy Gaming is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Galaxy Gaming moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Galaxy Gaming moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Galaxy Gaming can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Galaxy Gaming position
In addition to having Galaxy Gaming 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.Did You Try This Idea?
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Additional Tools for Galaxy OTC Stock Analysis
When running Galaxy Gaming's price analysis, check to measure Galaxy 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 Galaxy Gaming is operating at the current time. Most of Galaxy Gaming's value examination focuses on studying past and present price action to predict the probability of Galaxy 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 Galaxy Gaming's price. Additionally, you may evaluate how the addition of Galaxy Gaming to your portfolios can decrease your overall portfolio volatility.