Contagious Common Stock vs Total Current Liabilities Analysis
CNS Stock | CAD 0.01 0.00 0.00% |
Contagious Gaming financial indicator trend analysis is way more than just evaluating Contagious Gaming prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Contagious Gaming is a good investment. Please check the relationship between Contagious Gaming Common Stock and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Contagious Gaming. 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.
Common Stock vs Total Current Liabilities
Common Stock vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Contagious Gaming Common Stock account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Contagious Gaming's Common Stock and Total Current Liabilities is -0.16. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Contagious Gaming, assuming nothing else is changed. The correlation between historical values of Contagious Gaming's Common Stock 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 Common Stock of Contagious Gaming 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 Common Stock i.e., Contagious Gaming's Common Stock and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock
Total Current Liabilities
Total Current Liabilities is an item on Contagious 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 Contagious Gaming 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 Contagious Gaming's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Contagious Gaming 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 Contagious Gaming. 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. Discontinued Operations is likely to climb to about (117.5 K) in 2024. Selling General Administrative is likely to drop to about 134.4 K in 2024
Contagious Gaming fundamental ratios Correlations
Click cells to compare fundamentals
Contagious Gaming Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Contagious Gaming fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 157.3K | 47.4K | 23.3K | 36.6K | 8.4K | 8.0K | |
Total Current Liabilities | 1.5M | 1.5M | 1.9M | 2.3M | 1.6M | 1.7M | |
Total Stockholder Equity | (1.3M) | (1.4M) | (1.9M) | (2.2M) | (1.6M) | (1.5M) | |
Net Tangible Assets | (986.3K) | (1.5M) | (1.7M) | (2.1M) | (1.9M) | (2.0M) | |
Retained Earnings | (25.3M) | (26.3M) | (26.7M) | (27.2M) | (27.0M) | (28.4M) | |
Accounts Payable | 596.9K | 830.0K | 948.8K | 952.8K | 787.7K | 788.5K | |
Cash | 143.7K | 34.3K | 11.5K | 26.4K | 4.5K | 4.3K | |
Total Liab | 1.5M | 1.5M | 1.9M | 2.3M | 1.6M | 1.6M | |
Total Current Assets | 157.3K | 47.4K | 23.3K | 36.6K | 8.4K | 8.0K | |
Net Invested Capital | (1.0M) | (1.1M) | (1.6M) | (1.9M) | (1.3M) | (1.4M) | |
Net Working Capital | (1.3M) | (1.4M) | (1.9M) | (2.2M) | (1.6M) | (1.7M) | |
Net Debt | 156.3K | 265.7K | 288.5K | 273.6K | 295.5K | 237.0K |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Contagious Stock Analysis
When running Contagious Gaming's price analysis, check to measure Contagious 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 Contagious Gaming is operating at the current time. Most of Contagious Gaming's value examination focuses on studying past and present price action to predict the probability of Contagious 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 Contagious Gaming's price. Additionally, you may evaluate how the addition of Contagious Gaming to your portfolios can decrease your overall portfolio volatility.