Gambling Total Stockholder Equity vs Cash Analysis

GAMB Stock  USD 12.92  0.01  0.08%   
Gambling financial indicator trend analysis is much more than just examining Gambling Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gambling Group is a good investment. Please check the relationship between Gambling Total Stockholder Equity and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gambling 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 population.

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 Gambling Group Total Stockholder Equity account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gambling's Total Stockholder Equity and Cash is 0.79. 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 Gambling Group, assuming nothing else is changed. The correlation between historical values of Gambling'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 Gambling Group 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., Gambling's Total Stockholder Equity and Cash go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

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 Gambling Group, which is listed under current asset account on Gambling Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Gambling customers. The amounts must be unrestricted with restricted cash listed in a different Gambling 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 Gambling's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gambling Group 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gambling 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 population.
The current year's Tax Provision is expected to grow to about 1.8 M. The current year's Selling General Administrative is expected to grow to about 48.1 M
 2021 2022 2023 2024 (projected)
Gross Profit42.3M73.5M99.5M104.5M
Total Revenue42.3M76.5M108.7M114.1M

Gambling fundamental ratios Correlations

-0.850.850.890.890.7-0.840.870.960.770.960.420.770.770.480.86-0.640.240.40.880.710.90.580.67-0.210.92
-0.85-0.77-0.84-0.94-0.890.93-0.94-0.83-0.79-0.8-0.26-0.95-0.79-0.31-0.80.88-0.43-0.03-0.79-0.88-0.96-0.82-0.450.27-0.85
0.85-0.770.990.870.55-0.650.870.810.480.890.650.680.480.731.0-0.51-0.130.570.610.530.810.440.720.160.73
0.89-0.840.990.930.62-0.750.930.870.60.90.610.750.60.660.99-0.620.010.480.70.630.880.50.710.010.8
0.89-0.940.870.930.75-0.910.990.890.790.820.550.890.790.550.89-0.840.350.150.840.750.990.670.5-0.280.91
0.7-0.890.550.620.75-0.830.730.690.710.66-0.060.960.71-0.020.6-0.790.42-0.120.640.930.790.970.39-0.250.73
-0.840.93-0.65-0.75-0.91-0.83-0.89-0.82-0.96-0.71-0.22-0.91-0.96-0.22-0.680.87-0.640.05-0.93-0.82-0.96-0.73-0.450.57-0.88
0.87-0.940.870.930.990.73-0.890.890.740.810.570.870.740.560.89-0.860.330.120.80.760.970.660.45-0.230.89
0.96-0.830.810.870.890.69-0.820.890.740.930.470.760.740.440.82-0.730.250.270.840.780.870.580.54-0.230.95
0.77-0.790.480.60.790.71-0.960.740.740.580.130.781.00.10.5-0.770.76-0.110.950.710.870.60.41-0.760.83
0.96-0.80.890.90.820.66-0.710.810.930.580.430.70.580.510.91-0.530.00.530.720.670.80.540.720.050.83
0.42-0.260.650.610.55-0.06-0.220.570.470.130.430.190.130.940.63-0.27-0.180.350.34-0.020.43-0.070.190.120.48
0.77-0.950.680.750.890.96-0.910.870.760.780.70.190.780.220.72-0.870.45-0.090.750.890.910.930.41-0.310.83
0.77-0.790.480.60.790.71-0.960.740.741.00.580.130.780.10.5-0.770.76-0.110.950.710.870.60.41-0.760.83
0.48-0.310.730.660.55-0.02-0.220.560.440.10.510.940.220.10.71-0.18-0.280.510.34-0.060.45-0.030.320.260.44
0.86-0.81.00.990.890.6-0.680.890.820.50.910.630.720.50.71-0.55-0.10.540.630.580.840.510.710.140.76
-0.640.88-0.51-0.62-0.84-0.790.87-0.86-0.73-0.77-0.53-0.27-0.87-0.77-0.18-0.55-0.650.38-0.72-0.85-0.85-0.79-0.050.48-0.81
0.24-0.43-0.130.010.350.42-0.640.330.250.760.0-0.180.450.76-0.28-0.1-0.65-0.670.620.440.460.41-0.23-0.930.44
0.4-0.030.570.480.15-0.120.050.120.27-0.110.530.35-0.09-0.110.510.540.38-0.670.08-0.160.1-0.260.80.520.09
0.88-0.790.610.70.840.64-0.930.80.840.950.720.340.750.950.340.63-0.720.620.080.630.90.530.48-0.640.91
0.71-0.880.530.630.750.93-0.820.760.780.710.67-0.020.890.71-0.060.58-0.850.44-0.160.630.770.880.31-0.290.76
0.9-0.960.810.880.990.79-0.960.970.870.870.80.430.910.870.450.84-0.850.460.10.90.770.70.51-0.390.91
0.58-0.820.440.50.670.97-0.730.660.580.60.54-0.070.930.6-0.030.51-0.790.41-0.260.530.880.70.21-0.210.67
0.67-0.450.720.710.50.39-0.450.450.540.410.720.190.410.410.320.71-0.05-0.230.80.480.310.510.210.10.42
-0.210.270.160.01-0.28-0.250.57-0.23-0.23-0.760.050.12-0.31-0.760.260.140.48-0.930.52-0.64-0.29-0.39-0.210.1-0.4
0.92-0.850.730.80.910.73-0.880.890.950.830.830.480.830.830.440.76-0.810.440.090.910.760.910.670.42-0.4
Click cells to compare fundamentals

Gambling Account Relationship Matchups

Gambling fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets35.1M45.4M91.0M138.9M154.9M85.2M
Short Long Term Debt Total20.6M7.9M7.6M2.1M1.7M1.6M
Other Current Liab1.1M1.7M2.2M27.0M28.1M29.5M
Total Current Liabilities2.4M3.7M9.8M31.7M32.7M34.4M
Total Stockholder Equity12.9M34.2M79.9M87.1M118.9M124.9M
Property Plant And Equipment Net2.5M2.3M2.0M2.5M2.4M1.9M
Net Debt13.6M(290K)(43.4M)(27.6M)(23.7M)(22.5M)
Retained Earnings(3.8M)11.3M23.8M26.4M44.7M46.9M
Accounts Payable503K521K1.0M1.2M1.9M1.0M
Cash7.0M8.2M51.0M29.7M25.4M20.1M
Non Current Assets Total25.8M31.7M34.5M96.9M107.5M55.4M
Non Currrent Assets Other(25.8M)(25.9M)7.0M29K87.2M91.6M
Cash And Short Term Investments7.0M8.2M51.0M29.7M25.4M20.1M
Net Receivables1.9M5.0M5.5M11.3M20.1M21.1M
Liabilities And Stockholders Equity35.1M45.4M91.0M138.9M154.9M85.2M
Non Current Liabilities Total19.9M7.5M1.3M20.1M3.2M3.0M
Other Stockholder Equity621K20.0M56.1M(348K)4.3M4.1M
Total Liab22.2M11.2M11.1M51.8M35.9M29.8M
Total Current Assets9.4M13.7M56.5M42.0M47.4M29.8M
Accumulated Other Comprehensive Income16.1M22.5M53.7M56.6M70.0M37.6M
Short Term Investments144K66K121K263K157K160.4K
Other Current Assets484.0K460K1.2M954K1.8M962.1K
Short Term Debt762K436K6.3M1.1M533K506.4K
Intangible Assets23.3M23.6M25.4M77.7M87.2M49.2M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Gambling Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gambling's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gambling Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gambling Group Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gambling 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 population.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gambling. If investors know Gambling will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gambling listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
24.173
Earnings Share
0.78
Revenue Per Share
3.115
Quarterly Revenue Growth
0.176
Return On Assets
0.1183
The market value of Gambling Group is measured differently than its book value, which is the value of Gambling that is recorded on the company's balance sheet. Investors also form their own opinion of Gambling's value that differs from its market value or its book value, called intrinsic value, which is Gambling's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gambling's market value can be influenced by many factors that don't directly affect Gambling's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gambling's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gambling is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gambling's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.