CRSR Stock | | | USD 11.39 0.22 1.89% |
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 Total Stockholder Equity and its Cash 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.
Total Stockholder Equity vs Cash
Total Stockholder Equity vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Corsair Gaming Total Stockholder Equity account and
Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Corsair Gaming's Total Stockholder Equity and Cash is 0.94. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash 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 Total Stockholder Equity and Cash 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 Stockholder Equity of Corsair Gaming are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Stockholder Equity i.e., Corsair Gaming's Total Stockholder Equity and Cash go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.
Cash
Cash refers to the most liquid asset of Corsair Gaming, which is listed under current asset account on Corsair Gaming balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Corsair Gaming customers. The amounts must be unrestricted with restricted cash listed in a different Corsair Gaming 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.
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 02/26/2025,
Enterprise Value Multiple is likely to grow to 28.32, though
Tax Provision is likely to grow to (1.4
M).
Corsair Gaming fundamental ratios Correlations
Click cells to compare fundamentals
Corsair Gaming Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Corsair Gaming fundamental ratios Accounts
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.