GDEV Short Long Term Debt Total vs Short Term Investments Analysis
GDEV Stock | USD 23.00 0.50 2.13% |
GDEV financial indicator trend analysis is much more than just examining GDEV Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GDEV Inc is a good investment. Please check the relationship between GDEV Short Long Term Debt Total and its Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GDEV Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Short Long Term Debt Total vs Short Term Investments
Short Long Term Debt Total vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GDEV Inc Short Long Term Debt Total account and Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between GDEV's Short Long Term Debt Total and Short Term Investments is -0.6. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of GDEV Inc, assuming nothing else is changed. The correlation between historical values of GDEV's Short Long Term Debt Total and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of GDEV Inc are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Short Long Term Debt Total i.e., GDEV's Short Long Term Debt Total and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.6 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Short Long Term Debt Total
Short Term Investments
Short Term Investments is an item under the current assets section of GDEV balance sheet. It contains any investments GDEV Inc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that GDEV Inc can easily liquidate in the marketplace.Most indicators from GDEV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GDEV Inc 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 GDEV Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, GDEV's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 6.92 in 2024, whereas Selling General Administrative is likely to drop slightly above 21.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 6.9M | 801K | 1.5M | 2.5M | Tax Provision | 1.1M | 3.8M | 2.0M | 1.7M |
GDEV fundamental ratios Correlations
Click cells to compare fundamentals
GDEV Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for GDEV Stock Analysis
When running GDEV's price analysis, check to measure GDEV'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 GDEV is operating at the current time. Most of GDEV's value examination focuses on studying past and present price action to predict the probability of GDEV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GDEV's price. Additionally, you may evaluate how the addition of GDEV to your portfolios can decrease your overall portfolio volatility.