Godaddy Good Will vs Total Liab Analysis

GDDY Stock  USD 204.85  1.46  0.72%   
Godaddy financial indicator trend analysis is much more than just examining Godaddy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Godaddy is a good investment. Please check the relationship between Godaddy Good Will and its Total Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Godaddy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.

Good Will vs Total Liab

Good Will vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Godaddy Good Will account and Total Liab. At this time, the significance of the direction appears to have totally related.
The correlation between Godaddy's Good Will and Total Liab is 0.99. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Liab in the same time period over historical financial statements of Godaddy, assuming nothing else is changed. The correlation between historical values of Godaddy's Good Will and Total 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 Good Will of Godaddy are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Good Will i.e., Godaddy's Good Will and Total Liab go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Godaddy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Godaddy 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 Godaddy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.At this time, Godaddy's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 37.07 in 2024, whereas Selling General Administrative is likely to drop slightly above 300.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense126M146.3M179M99.9M
Depreciation And Amortization199.6M194.6M171.3M187.7M

Godaddy fundamental ratios Correlations

0.720.670.740.63-0.180.610.590.59-0.260.390.620.730.890.620.550.740.30.680.130.420.360.660.320.650.57
0.720.970.880.99-0.710.760.980.89-0.590.770.840.990.760.840.871.00.510.990.020.760.810.990.570.940.87
0.670.970.790.97-0.790.680.970.96-0.720.760.750.970.80.750.880.980.590.990.030.840.830.990.50.880.93
0.740.880.790.86-0.530.820.810.66-0.250.540.80.860.590.810.630.880.220.840.140.480.560.850.490.830.7
0.630.990.970.86-0.790.760.990.89-0.620.790.810.980.690.820.870.980.520.990.010.790.840.990.580.920.89
-0.18-0.71-0.79-0.53-0.79-0.5-0.81-0.790.8-0.75-0.51-0.71-0.39-0.51-0.78-0.73-0.62-0.790.06-0.87-0.86-0.79-0.46-0.65-0.82
0.610.760.680.820.76-0.50.740.51-0.220.450.870.710.430.870.550.760.260.730.30.410.540.740.40.840.64
0.590.980.970.810.99-0.810.740.9-0.670.810.80.970.680.810.880.970.570.98-0.010.820.860.990.580.920.89
0.590.890.960.660.89-0.790.510.9-0.810.750.540.930.810.540.870.910.610.93-0.110.880.830.920.520.710.9
-0.26-0.59-0.72-0.25-0.620.8-0.22-0.67-0.81-0.81-0.24-0.64-0.58-0.24-0.86-0.61-0.63-0.670.43-0.95-0.88-0.65-0.59-0.43-0.71
0.390.770.760.540.79-0.750.450.810.75-0.810.530.780.530.540.930.760.610.77-0.450.870.940.780.80.680.62
0.620.840.750.80.81-0.510.870.80.54-0.240.530.750.51.00.620.820.330.80.350.470.560.80.290.970.68
0.730.990.970.860.98-0.710.710.970.93-0.640.780.750.790.760.880.990.50.98-0.070.790.820.980.610.870.87
0.890.760.80.590.69-0.390.430.680.81-0.580.530.50.790.510.70.790.530.770.020.670.520.740.320.620.72
0.620.840.750.810.82-0.510.870.810.54-0.240.541.00.760.510.630.820.330.80.340.470.570.810.310.970.68
0.550.870.880.630.87-0.780.550.880.87-0.860.930.620.880.70.630.860.520.88-0.360.950.960.880.760.760.81
0.741.00.980.880.98-0.730.760.970.91-0.610.760.820.990.790.820.860.540.990.050.780.80.990.540.920.89
0.30.510.590.220.52-0.620.260.570.61-0.630.610.330.50.530.330.520.540.570.150.620.540.560.10.490.48
0.680.990.990.840.99-0.790.730.980.93-0.670.770.80.980.770.80.880.990.570.050.820.831.00.520.910.91
0.130.020.030.140.010.060.3-0.01-0.110.43-0.450.35-0.070.020.34-0.360.050.150.05-0.31-0.380.03-0.740.230.1
0.420.760.840.480.79-0.870.410.820.88-0.950.870.470.790.670.470.950.780.620.82-0.310.930.810.620.640.85
0.360.810.830.560.84-0.860.540.860.83-0.880.940.560.820.520.570.960.80.540.83-0.380.930.840.780.710.77
0.660.990.990.850.99-0.790.740.990.92-0.650.780.80.980.740.810.880.990.561.00.030.810.840.540.920.91
0.320.570.50.490.58-0.460.40.580.52-0.590.80.290.610.320.310.760.540.10.52-0.740.620.780.540.40.4
0.650.940.880.830.92-0.650.840.920.71-0.430.680.970.870.620.970.760.920.490.910.230.640.710.920.40.79
0.570.870.930.70.89-0.820.640.890.9-0.710.620.680.870.720.680.810.890.480.910.10.850.770.910.40.79
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Godaddy Account Relationship Matchups

Godaddy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding181.7M168.6M171.1M161.5M151.5M150.2M
Total Assets6.3B6.4B7.4B7.0B7.6B5.8B
Short Long Term Debt Total2.6B3.3B4.0B3.9B3.9B2.6B
Other Current Liab366M447.7M364.8M280.6M356.9M302.8M
Total Current Liabilities2.0B2.3B2.4B2.5B2.7B1.9B
Total Stockholder Equity772M(12.9M)81.7M(331.8M)62.2M59.1M
Property Plant And Equipment Net455.2M399.3M329.2M309.7M246.1M307.7M
Current Deferred Revenue1.5B1.7B1.9B2.0B2.1B1.5B
Net Debt1.5B2.5B2.8B3.2B3.5B1.9B
Retained Earnings(153.5M)(1.2B)(1.5B)(2.4B)(2.3B)(2.2B)
Accounts Payable72.3M51M85.2M130.9M148.1M155.5M
Cash1.1B765.2M1.3B774M458.8M645.3M
Non Current Assets Total4.7B5.1B5.5B5.4B6.3B4.6B
Non Currrent Assets Other196.5M212.1M272.6M292.1M261.5M181.6M
Cash And Short Term Investments1.1B765.2M1.3B774M498.8M655.9M
Net Receivables30.2M41.8M63.6M60.1M76.6M80.4M
Good Will3.0B3.3B3.5B3.5B3.6B2.8B
Short Term Investments23.6M2M24.7M173M40M28.9M
Liabilities And Stockholders Equity6.3B6.4B7.4B7.0B7.6B5.8B
Non Current Liabilities Total3.5B4.1B4.9B4.8B4.8B3.4B
Inventory409.8M423.5M460.6M476.7M(127.2M)(120.8M)
Other Current Assets48.9M484.3M570.5M748.5M680.5M714.5M
Other Stockholder Equity1.0B1.3B1.6B1.9B2.3B2.4B
Total Liab5.5B6.4B7.3B7.3B7.5B5.3B
Property Plant And Equipment Gross455.2M399.3M220M225.6M811M851.6M
Total Current Assets1.6B1.3B1.9B1.6B1.3B1.2B
Accumulated Other Comprehensive Income(78.2M)(131M)(38.6M)178M111.2M116.8M
Short Term Debt18.4M65.8M61M51.5M47M26.9M
Intangible Assets1.1B1.3B1.4B1.3B1.2B1.2B
Other Liab948.3M873.7M896.3M913.6M1.1B865.3M
Other Assets196.5M212.1M272.6M251.6M289.3M223.0M
Long Term Debt2.4B3.1B3.9B3.8B3.8B2.6B
Property Plant Equipment258.6M257.3M329.2M225.6M259.4M278.1M
Net Tangible Assets(2.5B)(3.7B)(4.8B)555M499.5M524.5M
Deferred Long Term Liab100.9M92M181.4M56.2M50.6M48.1M
Short Long Term Debt18.4M24.3M24.1M18.2M17.9M16.4M
Noncontrolling Interest In Consolidated Entity10.1M1.1M1.5M2.5M2.3M2.1M
Retained Earnings Total Equity(153.5M)(1.2B)(1.5B)(2.4B)(2.2B)(2.1B)

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