Gfinity Common Stock Total Equity vs Net Tangible Assets Analysis

GFIN Stock   0.03  0.0001  0.36%   
Gfinity PLC financial indicator trend analysis is much more than just examining Gfinity PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gfinity PLC is a good investment. Please check the relationship between Gfinity PLC Common Stock Total Equity and its Net Tangible Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gfinity PLC. 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.

Common Stock Total Equity vs Net Tangible Assets

Common Stock Total Equity vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gfinity PLC Common Stock Total Equity account and Net Tangible Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Gfinity PLC's Common Stock Total Equity and Net Tangible Assets is 0.36. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Gfinity PLC, assuming nothing else is changed. The correlation between historical values of Gfinity PLC's Common Stock Total Equity and Net Tangible 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 Common Stock Total Equity of Gfinity PLC are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Common Stock Total Equity i.e., Gfinity PLC's Common Stock Total Equity and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

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.
Most indicators from Gfinity PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gfinity PLC 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 Gfinity PLC. 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.
Selling General Administrative is likely to drop to about 2.9 M in 2024. Tax Provision is likely to gain to about (833.5 K) in 2024
 2021 2022 2023 2024 (projected)
Total Operating Expenses1.2M3.8M4.4M5.9M
Cost Of Revenue3.0M953.9K1.1M1.0M

Gfinity PLC fundamental ratios Correlations

0.310.930.92-0.71-0.610.670.690.930.340.910.420.530.650.930.810.860.290.660.990.420.66-0.920.69-0.08-0.32
0.310.260.37-0.49-0.070.480.470.11-0.160.360.51-0.40.420.180.110.52-0.220.680.360.550.68-0.320.46-0.02-0.21
0.930.260.95-0.48-0.740.640.430.950.340.920.340.570.570.970.80.680.430.490.870.160.49-0.930.430.02-0.29
0.920.370.95-0.54-0.780.830.50.880.370.940.490.390.680.960.740.760.440.640.850.270.64-0.890.49-0.02-0.34
-0.71-0.49-0.48-0.540.15-0.57-0.99-0.42-0.33-0.48-0.26-0.01-0.7-0.46-0.47-0.950.0-0.79-0.78-0.89-0.790.48-0.990.3-0.01
-0.61-0.07-0.74-0.780.15-0.53-0.11-0.69-0.31-0.8-0.34-0.34-0.19-0.75-0.62-0.36-0.86-0.23-0.510.11-0.230.6-0.1-0.290.58
0.670.480.640.83-0.57-0.530.530.510.330.680.450.030.850.710.450.740.230.730.620.450.73-0.630.53-0.14-0.08
0.690.470.430.5-0.99-0.110.530.40.310.460.290.00.660.420.440.94-0.060.80.770.910.8-0.451.0-0.32-0.02
0.930.110.950.88-0.42-0.690.510.40.260.910.350.730.440.960.840.620.380.40.880.080.4-0.920.390.06-0.41
0.34-0.160.340.37-0.33-0.310.330.310.260.320.2-0.040.30.320.250.370.230.30.290.310.3-0.20.33-0.73-0.04
0.910.360.920.94-0.48-0.80.680.460.910.320.620.410.480.920.750.710.430.630.870.250.63-0.90.460.02-0.59
0.420.510.340.49-0.26-0.340.450.290.350.20.62-0.230.290.340.060.420.010.710.430.360.71-0.480.29-0.19-0.62
0.53-0.40.570.39-0.01-0.340.030.00.73-0.040.41-0.230.030.640.730.130.22-0.220.47-0.37-0.22-0.50.00.24-0.15
0.650.420.570.68-0.7-0.190.850.660.440.30.480.290.030.580.270.78-0.030.720.640.60.72-0.630.66-0.30.31
0.930.180.970.96-0.46-0.750.710.420.960.320.920.340.640.580.840.670.440.470.860.120.47-0.90.410.05-0.33
0.810.110.80.74-0.47-0.620.450.440.840.250.750.060.730.270.840.590.360.270.770.090.26-0.650.430.07-0.41
0.860.520.680.76-0.95-0.360.740.940.620.370.710.420.130.780.670.590.090.860.90.810.86-0.70.94-0.26-0.13
0.29-0.220.430.440.0-0.860.23-0.060.380.230.430.010.22-0.030.440.360.09-0.070.19-0.24-0.07-0.24-0.060.44-0.35
0.660.680.490.64-0.79-0.230.730.80.40.30.630.71-0.220.720.470.270.86-0.070.70.821.0-0.570.8-0.33-0.21
0.990.360.870.85-0.78-0.510.620.770.880.290.870.430.470.640.860.770.90.190.70.530.7-0.890.77-0.1-0.31
0.420.550.160.27-0.890.110.450.910.080.310.250.36-0.370.60.120.090.81-0.240.820.530.82-0.230.92-0.470.07
0.660.680.490.64-0.79-0.230.730.80.40.30.630.71-0.220.720.470.260.86-0.071.00.70.82-0.570.8-0.33-0.21
-0.92-0.32-0.93-0.890.480.6-0.63-0.45-0.92-0.2-0.9-0.48-0.5-0.63-0.9-0.65-0.7-0.24-0.57-0.89-0.23-0.57-0.45-0.010.28
0.690.460.430.49-0.99-0.10.531.00.390.330.460.290.00.660.410.430.94-0.060.80.770.920.8-0.45-0.34-0.01
-0.08-0.020.02-0.020.3-0.29-0.14-0.320.06-0.730.02-0.190.24-0.30.050.07-0.260.44-0.33-0.1-0.47-0.33-0.01-0.34-0.22
-0.32-0.21-0.29-0.34-0.010.58-0.08-0.02-0.41-0.04-0.59-0.62-0.150.31-0.33-0.41-0.13-0.35-0.21-0.310.07-0.210.28-0.01-0.22
Click cells to compare fundamentals

Gfinity PLC Account Relationship Matchups

Gfinity PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.0M6.8M5.8M13.5M1.8M343.0K
Other Current Liab1.5M910.6K1.1M2.3M684.9K40.9K
Total Current Liabilities3.0M1.9M1.9M3.0M1.3M59.9K
Net Debt(648.5K)(1.2M)(1.4M)(2.1M)(270.5K)31.5K
Retained Earnings(35.7M)(43.5M)(47.3M)(51.1M)(58.0M)(755.0K)
Accounts Payable1.4M450.3K680.4K571.4K412.4K19K
Cash648.5K1.6M1.4M2.1M270.5K285K
Non Current Assets Total4.1M3.8M2.8M9.4M925.2K4.8K
Net Receivables1.1M1.4M957.0K1.5M465.8K33.3K
Liabilities And Stockholders Equity7.0M6.8M5.8M13.5M1.8M343.0K
Non Current Liabilities Total322.7K92.1K382.8K1.7M90.1K401.7K
Other Current Assets1.2M0.0151.2K480.5K178.7K20.0K
Total Liab3.3M2.0M2.2M4.8M1.4M373.4K
Property Plant And Equipment Gross483.1K641.6K1.8M2.9M28.3K4.8K
Total Current Assets3.0M3.0M3.0M4.1M915.0K338.2K
Accumulated Other Comprehensive Income1.6M3.1M3.4M3.7M401.6K(950.0)
Common Stock362.9K725.9K930.5K1.3M2.6M23.8K
Property Plant Equipment483.1K641.6K187.4K148.5K5.8K5.5K
Total Stockholder Equity4.8M3.5M8.8M451.1K518.7K492.8K
Net Tangible Assets146.2K1.6M915.5K(522.8K)(470.5K)(447.0K)
Property Plant And Equipment Net641.6K187.4K148.5K14.8K13.3K12.6K
Non Currrent Assets Other(2.5M)(1.9M)(4.7M)(495.3K)(445.8K)(468.0K)
Cash And Short Term Investments1.6M1.4M2.1M270.5K243.4K231.3K
Common Stock Shares Outstanding518.2M809.8M1.1B1.7B2.0B2.1B
Inventory(1.4M)(629.9K)(480.5K)(178.7K)(160.8K)(168.9K)
Other Stockholder Equity44.4M46.5M54.9M55.4M63.7M32.7M
Intangible Assets3.2M2.6M9.3M415.2K477.4K453.6K
Net Invested Capital4.8M3.5M8.8M451.1K406.0K385.7K
Net Working Capital1.1M1.1M1.1M(384.1K)(345.7K)(328.4K)
Other Liab322.7K92.1K382.8K1.7M2.0M2.1M
Capital Stock725.9K930.5K1.3M2.6M3.0M3.2M
Non Current Liabilities Other3.0255.0K840.8K17.7K20.3K19.3K

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