Contagious Total Liab vs Total Assets 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 Total Liab and its Total Assets 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.

Total Liab vs Total Assets

Total Liab vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Contagious Gaming Total Liab account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Contagious Gaming's Total Liab and Total Assets is 0.78. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Assets 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 Total Liab and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Contagious Gaming are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Liab i.e., Contagious Gaming's Total Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Total Assets

Total assets refers to the total amount of Contagious Gaming assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Contagious Gaming books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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

-0.34-0.030.990.330.290.180.95-0.190.180.60.780.160.980.161.00.08-0.220.72-0.24-0.30.47-0.370.190.420.44
-0.340.45-0.36-0.42-0.240.29-0.39-0.020.01-0.43-0.17-0.21-0.44-0.21-0.30.10.12-0.370.190.45-0.40.63-0.51-0.73-0.7
-0.030.45-0.15-0.790.090.36-0.270.0-0.190.180.520.47-0.20.460.02-0.160.020.290.030.160.090.16-0.08-0.43-0.4
0.99-0.36-0.150.460.30.110.97-0.230.170.570.680.090.990.090.980.07-0.260.67-0.28-0.340.46-0.380.190.460.48
0.33-0.42-0.790.460.36-0.520.51-0.45-0.130.2-0.3-0.240.5-0.240.29-0.19-0.510.07-0.51-0.580.28-0.440.30.60.58
0.29-0.240.090.30.36-0.750.14-0.87-0.870.870.170.750.330.750.27-0.92-0.950.74-0.89-0.890.83-0.670.360.740.76
0.180.290.360.11-0.52-0.750.20.710.81-0.450.44-0.430.07-0.430.220.820.76-0.230.710.75-0.530.5-0.24-0.7-0.68
0.95-0.39-0.270.970.510.140.2-0.090.330.430.6-0.070.98-0.070.940.23-0.130.53-0.16-0.240.3-0.330.20.410.42
-0.19-0.020.0-0.23-0.45-0.870.71-0.090.84-0.630.05-0.49-0.23-0.51-0.170.850.92-0.490.920.84-0.650.42-0.04-0.53-0.56
0.180.01-0.190.17-0.13-0.870.810.330.84-0.60.16-0.720.15-0.730.190.990.85-0.430.810.76-0.60.45-0.18-0.5-0.52
0.6-0.430.180.570.20.87-0.450.43-0.63-0.60.580.840.610.830.59-0.68-0.70.97-0.68-0.750.83-0.680.350.780.81
0.78-0.170.520.68-0.30.170.440.60.050.160.580.450.670.440.80.080.020.76-0.01-0.040.36-0.220.130.130.16
0.16-0.210.470.09-0.240.75-0.43-0.07-0.49-0.720.840.450.131.00.16-0.76-0.540.79-0.52-0.530.61-0.470.210.540.57
0.98-0.44-0.20.990.50.330.070.98-0.230.150.610.670.130.130.960.04-0.280.69-0.3-0.390.46-0.450.250.540.55
0.16-0.210.460.09-0.240.75-0.43-0.07-0.51-0.730.830.441.00.130.16-0.76-0.530.79-0.52-0.530.6-0.440.160.540.57
1.0-0.30.020.980.290.270.220.94-0.170.190.590.80.160.960.160.1-0.20.72-0.22-0.270.46-0.340.170.380.4
0.080.1-0.160.07-0.19-0.920.820.230.850.99-0.680.08-0.760.04-0.760.10.88-0.510.850.82-0.680.54-0.25-0.58-0.6
-0.220.120.02-0.26-0.51-0.950.76-0.130.920.85-0.70.02-0.54-0.28-0.53-0.20.88-0.560.940.9-0.750.63-0.38-0.63-0.65
0.72-0.370.290.670.070.74-0.230.53-0.49-0.430.970.760.790.690.790.72-0.51-0.56-0.54-0.610.78-0.590.290.660.69
-0.240.190.03-0.28-0.51-0.890.71-0.160.920.81-0.68-0.01-0.52-0.3-0.52-0.220.850.94-0.540.95-0.730.71-0.4-0.62-0.64
-0.30.450.16-0.34-0.58-0.890.75-0.240.840.76-0.75-0.04-0.53-0.39-0.53-0.270.820.9-0.610.95-0.830.82-0.49-0.79-0.8
0.47-0.40.090.460.280.83-0.530.3-0.65-0.60.830.360.610.460.60.46-0.68-0.750.78-0.73-0.83-0.740.410.680.7
-0.370.630.16-0.38-0.44-0.670.5-0.330.420.45-0.68-0.22-0.47-0.45-0.44-0.340.540.63-0.590.710.82-0.74-0.85-0.74-0.74
0.19-0.51-0.080.190.30.36-0.240.2-0.04-0.180.350.130.210.250.160.17-0.25-0.380.29-0.4-0.490.41-0.850.410.41
0.42-0.73-0.430.460.60.74-0.70.41-0.53-0.50.780.130.540.540.540.38-0.58-0.630.66-0.62-0.790.68-0.740.410.99
0.44-0.7-0.40.480.580.76-0.680.42-0.56-0.520.810.160.570.550.570.4-0.6-0.650.69-0.64-0.80.7-0.740.410.99
Click cells to compare fundamentals

Contagious Gaming Account Relationship Matchups

Contagious Gaming fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets157.3K47.4K23.3K36.6K8.4K8.0K
Total Current Liabilities1.5M1.5M1.9M2.3M1.6M1.7M
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 Payable596.9K830.0K948.8K952.8K787.7K788.5K
Cash143.7K34.3K11.5K26.4K4.5K4.3K
Total Liab1.5M1.5M1.9M2.3M1.6M1.6M
Total Current Assets157.3K47.4K23.3K36.6K8.4K8.0K
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 Debt156.3K265.7K288.5K273.6K295.5K237.0K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.