Genius Inventory vs Cash Analysis
| GENI Stock | USD 9.77 0.43 4.60% |
Genius Sports financial indicator trend analysis is much more than just examining Genius Sports latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genius Sports is a good investment. Please check the relationship between Genius Sports Inventory and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genius Sports. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Genius Stock please use our How to Invest in Genius Sports guide.
Inventory vs Cash
Inventory vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genius Sports Inventory account and Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Genius Sports' Inventory and Cash is 0.83. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Cash in the same time period over historical financial statements of Genius Sports, assuming nothing else is changed. The correlation between historical values of Genius Sports' Inventory 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 Inventory of Genius Sports 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 Inventory i.e., Genius Sports' Inventory and Cash go up and down completely randomly.
Correlation Coefficient | 0.83 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Inventory
Cash
Cash refers to the most liquid asset of Genius Sports, which is listed under current asset account on Genius Sports balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Genius Sports customers. The amounts must be unrestricted with restricted cash listed in a different Genius Sports 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 Genius Sports' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genius Sports 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 Genius Sports. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Genius Stock please use our How to Invest in Genius Sports guide.As of now, Genius Sports' Enterprise Value Over EBITDA is increasing as compared to previous years. The Genius Sports' current Enterprise Value Multiple is estimated to increase to 243.77, while Issuance Of Capital Stock is projected to decrease to 0.00.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 347.0M | 184.1M | 143.2M | 174.0M | Cost Of Revenue | 476.2M | 338.2M | 344.0M | 299.6M |
Genius Sports fundamental ratios Correlations
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Genius Sports Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Genius Sports fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Current Liab | 25.3M | 38.9M | 103.0M | 82.4M | 70.0M | 60.2M | |
| Total Current Liabilities | 54.7M | 85.3M | 152.8M | 171.1M | 182.9M | 123.2M | |
| Other Liab | 10.0M | 11.7M | 28.0M | 15.0M | 17.3M | 17.0M | |
| Net Tangible Assets | (400.8M) | (454.6M) | 168.5M | 117.7M | 135.3M | 142.1M | |
| Retained Earnings | (91.0M) | (153.2M) | (757.3M) | (939.0M) | (1.0B) | (973.3M) | |
| Accounts Payable | 13.3M | 10.1M | 19.9M | 33.1M | 57.4M | 60.2M | |
| Other Assets | 12.3M | 9.5M | 10.3M | 34.7M | 1.0 | 0.95 | |
| Net Receivables | 27.0M | 43.0M | 70.6M | 71.8M | 116.9M | 63.1M | |
| Inventory | 281K | 384K | 530K | 283K | 347K | 363.7K | |
| Other Stockholder Equity | (316.4M) | (349.0M) | 1.5B | 1.6B | 1.6B | 1.7B | |
| Total Current Assets | 38.7M | 61.3M | 324.7M | 236.5M | 244.8M | 173.7M | |
| Property Plant Equipment | 4.9M | 5.0M | 14.4M | 19.3M | 22.2M | 23.4M |
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When determining whether Genius Sports offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Genius Sports' 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 Genius Sports Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Genius Sports Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genius Sports. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Genius Stock please use our How to Invest in Genius Sports guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Interactive Media & Services 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 Genius Sports. If investors know Genius 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 Genius Sports listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.32) | Revenue Per Share 1.828 | Quarterly Revenue Growth 0.182 | Return On Assets (0.07) | Return On Equity (0.13) |
The market value of Genius Sports is measured differently than its book value, which is the value of Genius that is recorded on the company's balance sheet. Investors also form their own opinion of Genius Sports' value that differs from its market value or its book value, called intrinsic value, which is Genius Sports' 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 Genius Sports' market value can be influenced by many factors that don't directly affect Genius Sports' 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 Genius Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Genius Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genius Sports' 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.