Genius Total Current Liabilities vs Other Assets 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 Total Current Liabilities and its Other Assets 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.
Total Current Liabilities vs Other Assets
Total Current Liabilities vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genius Sports Total Current Liabilities account and Other Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Genius Sports' Total Current Liabilities and Other Assets is 0.3. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Assets 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' Total Current Liabilities and Other Assets 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 Current Liabilities of Genius Sports are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Current Liabilities i.e., Genius Sports' Total Current Liabilities and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on Genius Sports balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Genius Sports are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Other Assets
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 |
Currently Active Assets on Macroaxis
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.