Bingo Cash vs Total Stockholder Equity Analysis

688227 Stock   25.16  1.15  4.79%   
Bingo Software financial indicator trend analysis is way more than just evaluating Bingo Software prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bingo Software is a good investment. Please check the relationship between Bingo Software Cash and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bingo Software Co. 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.

Cash vs Total Stockholder Equity

Cash vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bingo Software Cash account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Bingo Software's Cash and Total Stockholder Equity is 0.82. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Bingo Software Co, assuming nothing else is changed. The correlation between historical values of Bingo Software's Cash and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Bingo Software Co are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Cash i.e., Bingo Software's Cash and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Cash

Cash refers to the most liquid asset of Bingo Software, which is listed under current asset account on Bingo Software Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Bingo Software customers. The amounts must be unrestricted with restricted cash listed in a different Bingo Software account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Bingo Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bingo Software 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Bingo Software Co. 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.
The current year's Selling General Administrative is expected to grow to about 88 M, whereas Tax Provision is projected to grow to (6.3 M).
 2022 2024 2025 (projected)
Interest Expense5.8M2.5M2.4M
Depreciation And Amortization38.0M43.7M31.3M

Bingo Software fundamental ratios Correlations

0.75-0.350.951.00.9-0.90.970.910.830.850.080.940.910.040.8-0.810.950.920.990.80.920.990.30.910.99
0.75-0.060.780.730.54-0.730.820.550.790.640.150.740.550.60.35-0.770.710.860.770.990.820.710.650.550.7
-0.35-0.06-0.36-0.35-0.640.08-0.35-0.60.14-0.74-0.1-0.34-0.630.14-0.730.38-0.48-0.34-0.25-0.11-0.38-0.42-0.32-0.66-0.36
0.950.78-0.360.930.87-0.890.890.890.820.830.030.930.830.110.78-0.710.910.980.940.830.850.940.270.870.93
1.00.73-0.350.930.89-0.90.970.910.820.840.080.930.92-0.010.81-0.810.940.890.990.770.920.990.280.920.99
0.90.54-0.640.870.89-0.660.860.990.520.880.120.780.97-0.010.94-0.670.840.840.840.620.820.920.240.970.87
-0.9-0.730.08-0.89-0.9-0.66-0.83-0.7-0.96-0.670.07-0.95-0.670.05-0.560.67-0.89-0.84-0.94-0.76-0.77-0.86-0.13-0.71-0.93
0.970.82-0.350.890.970.86-0.830.870.780.850.160.890.910.20.74-0.880.920.890.950.850.960.960.470.880.94
0.910.55-0.60.890.910.99-0.70.870.570.890.180.820.96-0.030.94-0.70.870.850.860.630.80.930.190.960.89
0.830.790.140.820.820.52-0.960.780.570.53-0.050.880.550.080.38-0.630.790.790.890.80.720.780.170.560.84
0.850.64-0.740.830.840.88-0.670.850.890.530.220.850.90.090.84-0.810.930.830.790.690.820.870.460.90.84
0.080.15-0.10.030.080.120.070.160.18-0.050.22-0.020.10.350.14-0.430.080.10.030.19-0.020.110.0-0.01-0.02
0.940.74-0.340.930.930.78-0.950.890.820.880.85-0.020.81-0.040.7-0.750.980.890.960.770.840.930.270.830.97
0.910.55-0.630.830.920.97-0.670.910.960.550.90.10.81-0.040.92-0.750.880.80.860.620.880.940.340.980.9
0.040.60.140.11-0.01-0.010.050.2-0.030.080.090.35-0.04-0.04-0.24-0.24-0.020.290.020.580.21-0.010.62-0.11-0.08
0.80.35-0.730.780.810.94-0.560.740.940.380.840.140.70.92-0.24-0.630.770.710.730.420.70.850.120.940.79
-0.81-0.770.38-0.71-0.81-0.670.67-0.88-0.7-0.63-0.81-0.43-0.75-0.75-0.24-0.63-0.82-0.73-0.78-0.78-0.84-0.82-0.57-0.72-0.77
0.950.71-0.480.910.940.84-0.890.920.870.790.930.080.980.88-0.020.77-0.820.880.940.760.870.950.340.890.97
0.920.86-0.340.980.890.84-0.840.890.850.790.830.10.890.80.290.71-0.730.880.910.910.850.90.380.820.88
0.990.77-0.250.940.990.84-0.940.950.860.890.790.030.960.860.020.73-0.780.940.910.810.90.970.260.860.99
0.80.99-0.110.830.770.62-0.760.850.630.80.690.190.770.620.580.42-0.780.760.910.810.830.760.60.60.74
0.920.82-0.380.850.920.82-0.770.960.80.720.82-0.020.840.880.210.7-0.840.870.850.90.830.910.610.880.9
0.990.71-0.420.940.990.92-0.860.960.930.780.870.110.930.94-0.010.85-0.820.950.90.970.760.910.30.940.98
0.30.65-0.320.270.280.24-0.130.470.190.170.460.00.270.340.620.12-0.570.340.380.260.60.610.30.330.26
0.910.55-0.660.870.920.97-0.710.880.960.560.9-0.010.830.98-0.110.94-0.720.890.820.860.60.880.940.330.91
0.990.7-0.360.930.990.87-0.930.940.890.840.84-0.020.970.9-0.080.79-0.770.970.880.990.740.90.980.260.91
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Bingo Software Account Relationship Matchups

Bingo Software fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets814.4M1.9B1.8B1.9B2.2B1.3B
Short Long Term Debt Total69.4M131.8M168.7M83.5M96.1M100.4M
Other Current Liab139.2M271.6M181.9M41.4M37.3M35.4M
Total Current Liabilities298.6M491.9M360.7M443.3M509.8M389.2M
Total Stockholder Equity435.0M1.4B1.4B1.4B1.6B849.4M
Property Plant And Equipment Net74.7M100.7M141.1M202.5M232.9M117.2M
Net Debt(21.9M)10.7M(996.6M)(567.9M)(511.1M)(485.6M)
Retained Earnings97.9M147.5M173.2M147.7M169.9M101.7M
Accounts Payable59.5M84.9M103.5M126.1M145.0M91.2M
Cash121.0M1.2B651.5M392.2M451.1M415.8M
Non Current Assets Total236.8M250.5M345.1M506.1M582.0M611.1M
Non Currrent Assets Other16.1M4.7M27.6M15.1M13.6M24.0M
Cash And Short Term Investments91.3M121.0M1.2B863.0M992.5M1.0B
Common Stock Shares Outstanding84.3M84.3M112.2M113.1M130.0M96.8M
Liabilities And Stockholders Equity739.6M814.4M1.9B1.8B2.1B1.2B
Non Current Liabilities Total85.9M52.5M31.4M30.7M27.6M41.1M
Inventory167.7M189.6M220.6M285.3M328.1M221.0M
Other Current Assets7.6M1.6M2.1M3.8M3.4M3.3M
Other Stockholder Equity249.5M252.4M1.1B1.2B1.3B1.4B
Total Liab384.5M544.4M392.1M474.0M545.1M445.7M
Total Current Assets577.7M1.7B1.5B1.4B1.6B1.0B
Short Term Debt62.6M99.8M135.4M75.3M86.6M84.6M
Intangible Assets137.8M136.2M145.9M146.7M168.7M90.8M
Net Receivables269.0M315.5M398.3M526.1M605.1M374.4M
Net Invested Capital566.8M1.6B1.5B1.5B1.7B1.2B
Short Long Term Debt99.8M135.4M75.3M49.0M44.1M67.6M
Non Current Liabilities Other5.5M6.9M10.1M8.9M10.3M7.8M
Net Working Capital279.1M1.2B1.1B924.8M1.1B826.0M

Currently Active Assets on Macroaxis

Other Information on Investing in Bingo Stock

Balance Sheet is a snapshot of the financial position of Bingo Software at a specified time, usually calculated after every quarter, six months, or one year. Bingo Software Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bingo Software and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Bingo currently owns. An asset can also be divided into two categories, current and non-current.