Gogoro Total Assets vs Current Deferred Revenue Analysis
| GGR Stock | USD 0.60 0.01 1.64% |
Gogoro financial indicator trend analysis is much more than just examining Gogoro Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gogoro Inc is a good investment. Please check the relationship between Gogoro Total Assets and its Current Deferred Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gogoro 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 price.
Total Assets vs Current Deferred Revenue
Total Assets vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gogoro Inc Total Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Gogoro's Total Assets and Current Deferred Revenue is -0.95. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Gogoro Inc, assuming nothing else is changed. The correlation between historical values of Gogoro's Total Assets and Current Deferred Revenue 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 Assets of Gogoro Inc are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Assets i.e., Gogoro's Total Assets and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.95 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Gogoro assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Gogoro Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Gogoro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gogoro 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 Gogoro 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 price. At this time, Gogoro's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 12/04/2024, Enterprise Value Multiple is likely to grow to 36.87, while Tax Provision is likely to drop 0.00.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 94.8M | 94.8M | 98.4M | 93.2M | Interest Income | 625K | 2.9M | 2.8M | 1.8M |
Gogoro fundamental ratios Correlations
Click cells to compare fundamentals
Gogoro Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Additional Tools for Gogoro Stock Analysis
When running Gogoro's price analysis, check to measure Gogoro'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 Gogoro is operating at the current time. Most of Gogoro's value examination focuses on studying past and present price action to predict the probability of Gogoro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gogoro's price. Additionally, you may evaluate how the addition of Gogoro to your portfolios can decrease your overall portfolio volatility.