Betmakers Depreciation And Amortization vs Property Plant Equipment Analysis

BET Stock

0.11 0.01 10.00%

Betmakers Technology financial indicator trend analysis is way more than just evaluating Betmakers Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Betmakers Technology is a good investment. Please check the relationship between Betmakers Technology Depreciation And Amortization and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Betmakers Technology 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 board of governors.

Depreciation And Amortization vs Property Plant Equipment

Depreciation And Amortization vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Betmakers Technology Depreciation And Amortization account and Property Plant Equipment. At this time, the significance of the direction appears to have totally related.

The correlation between Betmakers Technology's Depreciation And Amortization and Property Plant Equipment is 0.99. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Betmakers Technology Group, assuming nothing else is changed. The correlation between historical values of Betmakers Technology's Depreciation And Amortization and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Betmakers Technology Group are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Depreciation And Amortization i.e., Betmakers Technology's Depreciation And Amortization and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Property Plant Equipment

Most indicators from Betmakers Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Betmakers Technology 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 Betmakers Technology 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 board of governors.

At this time, Betmakers Technology's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 25.1 M in 2025, despite the fact that Discontinued Operations is likely to grow to (4.8 M).

	2022	2023	2024	2025 (projected)
Total Operating Expenses	23.7M	62.9M	72.4M	76.0M
Cost Of Revenue	120.4M	37.8M	43.5M	26.3M

Total Operating Expenses Cost Of Revenue

Betmakers Technology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Assets	Long Term Debt	Other Stockholder Equity	Other Liab	Net Tangible Assets
Total Assets		0.89	0.72	0.77	1.0	0.83	-0.86	-0.75	0.81	0.89	0.91	-0.34	0.89	0.83	0.92	0.8	0.61	0.86	0.96	0.45	0.85	0.51	0.43	0.74	0.64	0.94
Short Long Term Debt Total	0.89		0.79	0.81	0.87	0.9	-0.62	-0.82	0.63	0.67	0.89	0.07	0.67	0.91	0.78	0.64	0.73	0.86	0.79	0.59	0.83	0.36	0.19	0.82	0.4	0.85
Other Current Liab	0.72	0.79		0.99	0.67	0.95	-0.34	-0.96	0.72	0.4	0.92	0.18	0.4	0.94	0.82	0.31	0.72	0.96	0.54	0.62	0.95	-0.06	0.32	0.45	0.06	0.81
Total Current Liabilities	0.77	0.81	0.99		0.72	0.96	-0.43	-0.95	0.79	0.48	0.95	0.08	0.48	0.94	0.87	0.38	0.7	0.98	0.62	0.6	0.97	0.0	0.32	0.46	0.15	0.85
Total Stockholder Equity	1.0	0.87	0.67	0.72		0.8	-0.9	-0.7	0.8	0.92	0.89	-0.39	0.92	0.8	0.91	0.83	0.56	0.83	0.98	0.41	0.82	0.55	0.44	0.75	0.68	0.94
Property Plant And Equipment Net	0.83	0.9	0.95	0.96	0.8		-0.52	-0.97	0.75	0.57	0.97	0.13	0.57	0.96	0.86	0.5	0.73	0.97	0.7	0.54	0.97	0.15	0.29	0.68	0.24	0.91
Net Debt	-0.86	-0.62	-0.34	-0.43	-0.9	-0.52		0.37	-0.74	-1.0	-0.67	0.69	-1.0	-0.51	-0.78	-0.92	-0.26	-0.58	-0.97	-0.13	-0.57	-0.72	-0.37	-0.64	-0.87	-0.8
Retained Earnings	-0.75	-0.82	-0.96	-0.95	-0.7	-0.97	0.37		-0.69	-0.43	-0.92	-0.23	-0.43	-0.91	-0.81	-0.34	-0.71	-0.93	-0.57	-0.5	-0.95	-0.02	-0.33	-0.58	-0.09	-0.83
Accounts Payable	0.81	0.63	0.72	0.79	0.8	0.75	-0.74	-0.69		0.77	0.83	-0.46	0.77	0.69	0.92	0.63	0.35	0.85	0.8	0.25	0.84	0.28	0.34	0.38	0.52	0.89
Cash	0.89	0.67	0.4	0.48	0.92	0.57	-1.0	-0.43	0.77		0.71	-0.65	1.0	0.56	0.81	0.92	0.3	0.63	0.98	0.16	0.62	0.7	0.37	0.67	0.85	0.84
Non Current Assets Total	0.91	0.89	0.92	0.95	0.89	0.97	-0.67	-0.92	0.83	0.71		-0.09	0.71	0.94	0.95	0.62	0.67	0.98	0.81	0.51	0.98	0.26	0.38	0.67	0.4	0.97
Non Currrent Assets Other	-0.34	0.07	0.18	0.08	-0.39	0.13	0.69	-0.23	-0.46	-0.65	-0.09		-0.65	0.1	-0.35	-0.56	0.29	-0.05	-0.53	0.19	-0.03	-0.48	-0.31	0.06	-0.71	-0.26
Cash And Short Term Investments	0.89	0.67	0.4	0.48	0.92	0.57	-1.0	-0.43	0.77	1.0	0.71	-0.65		0.56	0.81	0.92	0.3	0.63	0.98	0.16	0.62	0.7	0.37	0.67	0.85	0.84
Net Receivables	0.83	0.91	0.94	0.94	0.8	0.96	-0.51	-0.91	0.69	0.56	0.94	0.1	0.56		0.83	0.46	0.75	0.95	0.7	0.75	0.92	0.1	0.29	0.6	0.2	0.86
Good Will	0.92	0.78	0.82	0.87	0.91	0.86	-0.78	-0.81	0.92	0.81	0.95	-0.35	0.81	0.83		0.71	0.54	0.93	0.87	0.36	0.93	0.36	0.46	0.58	0.56	0.96
Non Current Liabilities Total	0.8	0.64	0.31	0.38	0.83	0.5	-0.92	-0.34	0.63	0.92	0.62	-0.56	0.92	0.46	0.71		0.3	0.56	0.89	0.08	0.51	0.87	0.29	0.74	0.95	0.72
Other Current Assets	0.61	0.73	0.72	0.7	0.56	0.73	-0.26	-0.71	0.35	0.3	0.67	0.29	0.3	0.75	0.54	0.3		0.69	0.44	0.57	0.64	0.15	0.45	0.59	0.11	0.54
Total Liab	0.86	0.86	0.96	0.98	0.83	0.97	-0.58	-0.93	0.85	0.63	0.98	-0.05	0.63	0.95	0.93	0.56	0.69		0.75	0.56	0.98	0.19	0.35	0.58	0.34	0.92
Total Current Assets	0.96	0.79	0.54	0.62	0.98	0.7	-0.97	-0.57	0.8	0.98	0.81	-0.53	0.98	0.7	0.87	0.89	0.44	0.75		0.32	0.73	0.64	0.4	0.71	0.78	0.9
Short Term Debt	0.45	0.59	0.62	0.6	0.41	0.54	-0.13	-0.5	0.25	0.16	0.51	0.19	0.16	0.75	0.36	0.08	0.57	0.56	0.32		0.46	-0.21	0.07	0.15	-0.12	0.36
Common Stock	0.85	0.83	0.95	0.97	0.82	0.97	-0.57	-0.95	0.84	0.62	0.98	-0.03	0.62	0.92	0.93	0.51	0.64	0.98	0.73	0.46		0.14	0.38	0.59	0.28	0.94
Other Assets	0.51	0.36	-0.06	0.0	0.55	0.15	-0.72	-0.02	0.28	0.7	0.26	-0.48	0.7	0.1	0.36	0.87	0.15	0.19	0.64	-0.21	0.14		0.33	0.68	0.91	0.39
Long Term Debt	0.43	0.19	0.32	0.32	0.44	0.29	-0.37	-0.33	0.34	0.37	0.38	-0.31	0.37	0.29	0.46	0.29	0.45	0.35	0.4	0.07	0.38	0.33		0.24	0.28	0.38
Other Stockholder Equity	0.74	0.82	0.45	0.46	0.75	0.68	-0.64	-0.58	0.38	0.67	0.67	0.06	0.67	0.6	0.58	0.74	0.59	0.58	0.71	0.15	0.59	0.68	0.24		0.57	0.7
Other Liab	0.64	0.4	0.06	0.15	0.68	0.24	-0.87	-0.09	0.52	0.85	0.4	-0.71	0.85	0.2	0.56	0.95	0.11	0.34	0.78	-0.12	0.28	0.91	0.28	0.57		0.53
Net Tangible Assets	0.94	0.85	0.81	0.85	0.94	0.91	-0.8	-0.83	0.89	0.84	0.97	-0.26	0.84	0.86	0.96	0.72	0.54	0.92	0.9	0.36	0.94	0.39	0.38	0.7	0.53

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Betmakers Technology Account Relationship Matchups

Betmakers Technology fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	230.3M	223.1M	199.5M	150.7M	173.3M	87.8M
Short Long Term Debt Total	2.5M	5.2M	4.7M	3.2M	3.6M	2.3M
Other Current Liab	11.2M	16.4M	37.5M	30.2M	34.8M	36.5M
Total Current Liabilities	22.1M	21.3M	45.3M	37.2M	42.8M	44.9M
Total Stockholder Equity	195.4M	189.3M	150.6M	111.6M	128.3M	70.5M
Property Plant And Equipment Net	13.9M	29.7M	32.7M	27.3M	31.4M	33.0M
Net Debt	(118.1M)	(82.3M)	(36.3M)	(26.2M)	(23.6M)	(24.7M)
Retained Earnings	(43.5M)	(132.7M)	(165.3M)	(203.5M)	(183.2M)	(174.0M)
Accounts Payable	9.6M	3.0M	4.1M	5.4M	6.2M	6.5M
Cash	120.6M	87.6M	41.0M	29.3M	33.7M	29.7M
Non Current Assets Total	95.7M	114.0M	124.2M	101.8M	117.0M	122.9M
Non Currrent Assets Other	(44.3M)	47K	792K	1.4M	1.3M	1.3M
Cash And Short Term Investments	120.6M	87.6M	41.0M	29.3M	33.7M	29.7M
Net Receivables	9.0M	15.4M	27.6M	14.2M	16.3M	17.1M
Liabilities And Stockholders Equity	230.3M	223.1M	199.5M	150.7M	173.3M	87.8M
Non Current Liabilities Total	12.8M	12.5M	3.7M	1.9M	2.2M	3.3M
Other Current Assets	575.1K	2.1M	2.5M	1.7M	1.9M	1.2M
Total Liab	34.9M	33.8M	48.9M	39.1M	45.0M	47.2M
Total Current Assets	134.6M	109.1M	75.3M	48.9M	56.2M	39.2M
Short Term Debt	363.6K	590K	11.8M	1.6M	1.8M	1.5M
Common Stock	226.0M	252.5M	300.0M	305.2M	351.0M	368.5M
Other Assets	7.0M	1.0	13.9M	18.5M	1.15	1.09
Other Stockholder Equity	1.6M	12.9M	69.5M	15.9M	18.3M	12.8M
Accumulated Other Comprehensive Income	12.9M	69.5M	15.9M	9.9M	11.4M	11.5M
Other Liab	162.4K	10.7M	7.9M	347K	399.1K	379.1K
Net Tangible Assets	40.3M	127.4M	123.5M	93.9M	108.0M	113.4M
Common Stock Shares Outstanding	675.2M	874.3M	933.2M	960.1M	1.1B	1.2B
Inventory	4.4M	4.0M	4.2M	3.7M	4.3M	2.6M
Property Plant And Equipment Gross	15.1M	34.3M	39.6M	40.3M	46.3M	48.7M
Intangible Assets	68.0M	65.8M	56.7M	28.4M	32.6M	28.3M
Property Plant Equipment	701.1K	13.9M	29.7M	32.7M	37.6M	39.5M
Current Deferred Revenue	864.7K	1.0M	1.8M	1.5M	1.7M	1.8M
Long Term Debt Total	350.2K	2.1M	4.6M	3.3M	3.8M	4.0M
Net Invested Capital	204.5M	197.7M	150.6M	111.6M	128.3M	105.3M
Net Working Capital	112.5M	87.8M	30.0M	11.7M	13.4M	12.8M
Capital Stock	226.0M	252.5M	300.0M	305.2M	351.0M	222.0M

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