Corsair Net Working Capital vs Property Plant Equipment Analysis

CRSR Stock  USD 12.42  0.09  0.72%   
Corsair Gaming financial indicator trend analysis is way more than just evaluating Corsair Gaming prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Corsair Gaming is a good investment. Please check the relationship between Corsair Gaming Net Working Capital and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corsair 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 state.
To learn how to invest in Corsair Stock, please use our How to Invest in Corsair Gaming guide.

Net Working Capital vs Property Plant Equipment

Net Working Capital vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Corsair Gaming Net Working Capital account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Corsair Gaming's Net Working Capital and Property Plant Equipment is 0.87. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Corsair Gaming, assuming nothing else is changed. The correlation between historical values of Corsair Gaming's Net Working Capital 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 Net Working Capital of Corsair Gaming 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 Net Working Capital i.e., Corsair Gaming's Net Working Capital and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Net Working Capital

Property Plant Equipment

Most indicators from Corsair Gaming's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Corsair 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 Corsair 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 state.
To learn how to invest in Corsair Stock, please use our How to Invest in Corsair Gaming guide.At this time, Corsair Gaming's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 02/17/2025, Enterprise Value Multiple is likely to grow to 28.32, though Tax Provision is likely to grow to (1.4 M).
 2022 2023 2024 2025 (projected)
Gross Profit296.6M360.3M327.6M374.1M
Total Revenue1.4B1.5B1.3B1.5B

Corsair Gaming fundamental ratios Correlations

0.970.570.230.140.930.650.990.950.90.910.960.650.620.95-0.720.880.54-0.09-0.760.80.90.65-0.70.80.89
0.970.60.210.10.990.530.990.960.850.930.980.680.650.96-0.770.890.61-0.13-0.80.850.90.51-0.740.850.9
0.570.6-0.45-0.480.620.310.650.580.510.570.540.910.360.5-0.250.390.3-0.09-0.340.390.540.24-0.210.390.51
0.230.21-0.450.920.150.050.20.290.310.260.33-0.110.520.4-0.70.540.530.37-0.620.450.320.22-0.720.450.35
0.140.1-0.480.920.040.220.10.210.150.050.19-0.160.230.25-0.520.360.260.27-0.40.210.130.33-0.560.210.15
0.930.990.620.150.040.460.960.930.760.890.950.680.610.92-0.740.830.6-0.21-0.770.830.850.4-0.690.830.86
0.650.530.310.050.220.460.570.590.580.390.490.3-0.040.42-0.240.37-0.18-0.25-0.190.160.320.96-0.280.160.28
0.990.990.650.20.10.960.570.960.880.940.980.740.670.96-0.760.90.6-0.07-0.80.840.920.57-0.730.840.92
0.950.960.580.290.210.930.590.960.840.920.970.70.660.94-0.820.910.630.08-0.810.80.870.58-0.810.80.88
0.90.850.510.310.150.760.580.880.840.920.890.650.740.88-0.750.890.550.09-0.790.820.870.69-0.760.820.86
0.910.930.570.260.050.890.390.940.920.920.970.70.80.95-0.820.940.710.12-0.850.920.940.45-0.80.920.95
0.960.980.540.330.190.950.490.980.970.890.970.690.740.98-0.850.960.690.02-0.870.910.930.52-0.830.910.95
0.650.680.91-0.11-0.160.680.30.740.70.650.70.690.580.66-0.540.630.510.07-0.590.610.660.31-0.520.610.66
0.620.650.360.520.230.61-0.040.670.660.740.80.740.580.81-0.850.860.950.44-0.920.870.850.11-0.830.870.87
0.950.960.50.40.250.920.420.960.940.880.950.980.660.81-0.870.970.770.09-0.90.930.970.47-0.840.930.98
-0.72-0.77-0.25-0.7-0.52-0.74-0.24-0.76-0.82-0.75-0.82-0.85-0.54-0.85-0.87-0.94-0.83-0.250.97-0.89-0.79-0.350.99-0.89-0.82
0.880.890.390.540.360.830.370.90.910.890.940.960.630.860.97-0.940.790.22-0.940.940.920.47-0.930.940.95
0.540.610.30.530.260.6-0.180.60.630.550.710.690.510.950.77-0.830.790.47-0.890.810.79-0.08-0.790.810.81
-0.09-0.13-0.090.370.27-0.21-0.25-0.070.080.090.120.020.070.440.09-0.250.220.47-0.210.080.18-0.09-0.30.080.2
-0.76-0.8-0.34-0.62-0.4-0.77-0.19-0.8-0.81-0.79-0.85-0.87-0.59-0.92-0.90.97-0.94-0.89-0.21-0.93-0.86-0.290.95-0.93-0.88
0.80.850.390.450.210.830.160.840.80.820.920.910.610.870.93-0.890.940.810.08-0.930.90.26-0.861.00.93
0.90.90.540.320.130.850.320.920.870.870.940.930.660.850.97-0.790.920.790.18-0.860.90.4-0.760.90.99
0.650.510.240.220.330.40.960.570.580.690.450.520.310.110.47-0.350.47-0.08-0.09-0.290.260.4-0.40.260.36
-0.7-0.74-0.21-0.72-0.56-0.69-0.28-0.73-0.81-0.76-0.8-0.83-0.52-0.83-0.840.99-0.93-0.79-0.30.95-0.86-0.76-0.4-0.86-0.79
0.80.850.390.450.210.830.160.840.80.820.920.910.610.870.93-0.890.940.810.08-0.931.00.90.26-0.860.93
0.890.90.510.350.150.860.280.920.880.860.950.950.660.870.98-0.820.950.810.2-0.880.930.990.36-0.790.93
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Corsair Gaming Account Relationship Matchups

Corsair Gaming fundamental ratios Accounts

202020212022202320242025 (projected)
Other Current Liab174.2M190.1M141.8M134.9M155.1M112.6M
Total Current Liabilities505.4M446.7M343.0M418.5M481.3M347.2M
Other Liab39.6M32.4M25.7M21.2M24.4M30.9M
Net Tangible Assets(387.0M)(134.7M)25.4M59.8M68.8M72.3M
Retained Earnings(2.8M)98.1M37.2M40.4M46.5M48.8M
Accounts Payable299.6M236.1M172.0M240.0M276.0M208.1M
Other Assets34.6M72.0M30.3M1.01.151.09
Net Receivables293.6M291.3M235.7M253.3M291.3M220.0M
Inventory226.0M298.3M192.7M240.2M276.2M201.3M
Other Current Assets41.8M53.8M83.8M42.5M48.9M36.8M
Other Stockholder Equity438.7M470.4M593.5M630.6M725.2M373.8M
Total Current Assets691.0M705.8M622.8M711.6M818.3M545.3M
Property Plant Equipment15.4M16.5M16.8M80.1M92.1M96.7M
Total Assets1.3B1.3B1.3B1.4B1.6B1.3B
Short Long Term Debt Total339.0M308.3M295.2M246.5M221.9M282.3M
Total Stockholder Equity437.4M568.2M623.8M667.6M767.7M490.7M
Property Plant And Equipment Net16.5M16.8M34.9M68.5M78.8M82.8M
Current Deferred Revenue(9.1M)6.7M6.3M7.4M8.6M9.0M
Net Debt205.6M243.1M141.3M70.9M63.8M60.6M
Cash133.3M65.1M153.8M175.6M202.0M110.3M
Non Current Assets Total623.1M631.6M674.5M645.9M742.8M678.3M
Non Currrent Assets Other29.6M72.0M51.7M6.9M7.9M7.5M
Long Term Debt321.4M242.9M232.2M186.0M167.4M250.7M
Cash And Short Term Investments133.3M65.1M153.8M175.6M202.0M110.3M
Good Will312.8M317.1M347.7M354.7M407.9M343.1M
Common Stock Shares Outstanding91.9M100.0M96.3M106.3M104.2M107.2M
Liabilities And Stockholders Equity1.3B1.3B1.3B1.4B1.6B1.3B
Non Current Liabilities Total371.3M322.5M298.8M245.0M220.5M294.6M
Capital Lease Obligations9.1M51.2M56.5M48.3M55.6M30.3M
Total Liab876.7M769.2M641.8M663.5M597.1M592.3M
Net Invested Capital758.8M815.8M862.5M865.8M995.6M845.3M
Property Plant And Equipment Gross16.5M16.8M112.6M104.2M119.8M125.8M
Accumulated Other Comprehensive Income1.5M(340K)(6.9M)(3.5M)(3.1M)(3.3M)
Non Current Liabilities Other20.2M53.9M48.6M3.0M3.5M3.3M
Net Working Capital185.6M259.0M279.8M293.1M337.1M228.2M
Short Term Debt9.1M14.2M17.5M21.9M25.2M17.2M

Additional Tools for Corsair Stock Analysis

When running Corsair Gaming's price analysis, check to measure Corsair 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 Corsair Gaming is operating at the current time. Most of Corsair Gaming's value examination focuses on studying past and present price action to predict the probability of Corsair 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 Corsair Gaming's price. Additionally, you may evaluate how the addition of Corsair Gaming to your portfolios can decrease your overall portfolio volatility.