GameSquare Net Tangible Assets vs Other Current Liab Analysis
GAME Stock | USD 0.88 0.03 3.30% |
GameSquare Holdings financial indicator trend analysis is much more than just examining GameSquare Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GameSquare Holdings is a good investment. Please check the relationship between GameSquare Holdings Net Tangible Assets and its Other Current Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GameSquare Holdings. 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. For information on how to trade GameSquare Stock refer to our How to Trade GameSquare Stock guide.
Net Tangible Assets vs Other Current Liab
Net Tangible Assets vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GameSquare Holdings Net Tangible Assets account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between GameSquare Holdings' Net Tangible Assets and Other Current Liab is 0.63. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of GameSquare Holdings, assuming nothing else is changed. The correlation between historical values of GameSquare Holdings' Net Tangible Assets and Other Current Liab 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 Tangible Assets of GameSquare Holdings are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Tangible Assets i.e., GameSquare Holdings' Net Tangible Assets and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Other Current Liab
Most indicators from GameSquare Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GameSquare Holdings 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 GameSquare Holdings. 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. For information on how to trade GameSquare Stock refer to our How to Trade GameSquare Stock guide.At present, GameSquare Holdings' Enterprise Value is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.3M | 411.8K | 696.0K | 587.9K | Depreciation And Amortization | 5.1M | 3.7M | 3.6M | 3.3M |
GameSquare Holdings fundamental ratios Correlations
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GameSquare Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GameSquare Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.7M | 53.4M | 57.2M | 20.1M | 64.7M | 67.9M | |
Total Current Liabilities | 5.4M | 41.8M | 32.5M | 10.5M | 36.2M | 38.0M | |
Total Stockholder Equity | (8.0M) | 45.9K | 15.2M | 7.2M | 18.4M | 19.3M | |
Net Debt | 10.8M | 15.1M | (3.8M) | 2.5M | 12.9M | 13.5M | |
Retained Earnings | (39.8M) | (72.1M) | (123.1M) | (41.3M) | (73.4M) | (69.7M) | |
Cash | 2.8M | 5.2M | 15.3M | 977.4K | 2.9M | 2.8M | |
Cash And Short Term Investments | 2.8M | 5.2M | 15.3M | 977.4K | 2.9M | 2.8M | |
Common Stock Shares Outstanding | 36.7K | 740K | 3.0M | 5.6M | 11.1M | 11.7M | |
Liabilities And Stockholders Equity | 10.7M | 53.4M | 57.2M | 20.1M | 64.7M | 67.9M | |
Other Stockholder Equity | 3.5M | 5.1M | 17.8M | 5.4M | 91.9M | 96.5M | |
Total Liab | 18.4M | 53.2M | 41.9M | 12.9M | 46.3M | 48.7M | |
Total Current Assets | 4.8M | 12.2M | 31.6M | 10.1M | 22.2M | 23.4M | |
Accumulated Other Comprehensive Income | (1.3M) | (2.3M) | (2.3M) | (333.9K) | (132.1K) | (138.7K) | |
Common Stock | 29.6M | 69.4M | 122.7M | 43.4M | 50.0M | 30.8M | |
Accounts Payable | 3.9M | 12.5M | 10.4M | 8.0M | 23.5M | 24.7M | |
Short Long Term Debt Total | 13.6M | 20.3M | 11.5M | 3.5M | 15.8M | 10.2M | |
Short Term Debt | 942.9K | 9.0M | 2.1M | 1.1M | 5.6M | 3.0M | |
Other Current Liab | 562.3K | 7.4M | 7.0M | (7.8M) | (18.4M) | (17.5M) | |
Property Plant And Equipment Net | 85.3K | 959.9K | 960.8K | 5.4M | 4.6M | 4.9M | |
Non Current Assets Total | 5.9M | 41.2M | 25.6M | 10.0M | 42.5M | 22.8M | |
Net Receivables | 1.2M | 3.8M | 8.6M | 8.3M | 16.5M | 17.3M | |
Good Will | 651.4K | 18.8M | 15.6M | 15.2M | 16.3M | 11.8M | |
Non Current Liabilities Total | 12.9M | 11.3M | 9.4M | 2.4M | 10.2M | 7.7M | |
Other Current Assets | 698.8K | 2.7M | 4.1M | 312.9K | 2.8M | 1.7M | |
Intangible Assets | 3.7M | 19.4M | 5.1M | 4.6M | 18.6M | 9.4M | |
Current Deferred Revenue | 31.7K | 553.4K | 2.6M | 1.1M | 1.9M | 1.2M |
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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 GameSquare Holdings is a strong investment it is important to analyze GameSquare Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GameSquare Holdings' future performance. For an informed investment choice regarding GameSquare Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GameSquare Holdings. 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. For information on how to trade GameSquare Stock refer to our How to Trade GameSquare Stock guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Movies & Entertainment 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 GameSquare Holdings. If investors know GameSquare 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 GameSquare Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.68) | Revenue Per Share 4.566 | Quarterly Revenue Growth 1.516 | Return On Assets (0.18) | Return On Equity (1.10) |
The market value of GameSquare Holdings is measured differently than its book value, which is the value of GameSquare that is recorded on the company's balance sheet. Investors also form their own opinion of GameSquare Holdings' value that differs from its market value or its book value, called intrinsic value, which is GameSquare Holdings' 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 GameSquare Holdings' market value can be influenced by many factors that don't directly affect GameSquare Holdings' 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 GameSquare Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if GameSquare Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GameSquare Holdings' 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.