GameStop Inventory vs Non Current Liabilities Total Analysis

GME Stock  USD 29.05  1.84  5.96%   
GameStop Corp financial indicator trend analysis is much more than just examining GameStop Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GameStop Corp is a good investment. Please check the relationship between GameStop Corp Inventory and its Non Current Liabilities Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GameStop Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade GameStop Stock refer to our How to Trade GameStop Stock guide.

Inventory vs Non Current Liabilities Total

Inventory vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GameStop Corp Inventory account and Non Current Liabilities Total. At this time, the significance of the direction appears to have no relationship.
The correlation between GameStop Corp's Inventory and Non Current Liabilities Total is 0.02. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of GameStop Corp, assuming nothing else is changed. The correlation between historical values of GameStop Corp's Inventory and Non Current Liabilities Total 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 GameStop Corp are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Inventory i.e., GameStop Corp's Inventory and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
Relationship StrengthInsignificant

Inventory

Non Current Liabilities Total

Most indicators from GameStop Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GameStop Corp 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 GameStop Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade GameStop Stock refer to our How to Trade GameStop Stock guide.The current year's Selling General Administrative is expected to grow to about 1.4 B, whereas Tax Provision is forecasted to decline to about 6.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.3B1.4B1.2B1.8B
Total Revenue6.0B5.9B5.3B6.4B

GameStop Corp fundamental ratios Correlations

0.890.220.66-0.130.820.770.910.820.760.830.370.340.950.060.410.680.240.08-0.240.810.770.260.60.050.74
0.89-0.070.810.030.470.680.680.860.720.740.180.040.81-0.230.480.50.2-0.11-0.440.840.640.110.27-0.30.52
0.22-0.07-0.17-0.170.520.30.340.020.090.310.580.690.330.14-0.090.08-0.38-0.13-0.03-0.060.290.510.540.60.55
0.660.81-0.17-0.340.270.450.550.590.820.72-0.110.040.69-0.480.530.16-0.02-0.3-0.340.80.56-0.2-0.07-0.430.2
-0.130.03-0.17-0.34-0.27-0.14-0.25-0.03-0.67-0.20.4-0.64-0.25-0.07-0.560.320.210.27-0.42-0.45-0.540.51-0.13-0.260.19
0.820.470.520.27-0.270.630.90.510.570.680.490.610.830.40.20.690.220.290.080.530.680.370.820.480.79
0.770.680.30.45-0.140.630.630.60.60.550.190.430.670.10.350.370.160.020.010.70.610.10.540.210.49
0.910.680.340.55-0.250.90.630.620.70.890.510.360.940.220.240.660.230.08-0.270.620.650.370.590.060.82
0.820.860.020.59-0.030.510.60.620.660.550.180.210.710.040.640.420.02-0.1-0.310.770.750.080.48-0.070.49
0.760.720.090.82-0.670.570.60.70.660.68-0.120.490.78-0.10.740.180.01-0.25-0.040.930.86-0.250.33-0.030.28
0.830.740.310.72-0.20.680.550.890.550.680.460.220.9-0.110.20.460.07-0.21-0.510.580.530.340.28-0.180.73
0.370.180.58-0.110.40.490.190.510.18-0.120.460.040.380.23-0.410.520.10.16-0.54-0.170.00.980.40.060.89
0.340.040.690.04-0.640.610.430.360.210.490.220.040.350.160.5-0.02-0.2-0.170.440.390.71-0.050.680.780.21
0.950.810.330.69-0.250.830.670.940.710.780.90.380.350.050.330.620.090.02-0.290.750.720.240.520.020.75
0.06-0.230.14-0.48-0.070.40.10.220.04-0.1-0.110.230.160.05-0.210.290.180.510.32-0.13-0.020.150.420.420.26
0.410.48-0.090.53-0.560.20.350.240.640.740.2-0.410.50.33-0.21-0.18-0.12-0.440.120.760.83-0.460.310.08-0.12
0.680.50.080.160.320.690.370.660.420.180.460.52-0.020.620.29-0.180.610.59-0.10.280.250.510.510.10.73
0.240.2-0.38-0.020.210.220.160.230.020.010.070.1-0.20.090.18-0.120.610.410.090.14-0.030.180.13-0.110.19
0.08-0.11-0.13-0.30.270.290.020.08-0.1-0.25-0.210.16-0.170.020.51-0.440.590.410.43-0.11-0.180.160.290.30.19
-0.24-0.44-0.03-0.34-0.420.080.01-0.27-0.31-0.04-0.51-0.540.44-0.290.320.12-0.10.090.430.010.09-0.540.210.7-0.46
0.810.84-0.060.8-0.450.530.70.620.770.930.58-0.170.390.75-0.130.760.280.14-0.110.010.85-0.270.37-0.020.25
0.770.640.290.56-0.540.680.610.650.750.860.530.00.710.72-0.020.830.25-0.03-0.180.090.85-0.10.680.320.37
0.260.110.51-0.20.510.370.10.370.08-0.250.340.98-0.050.240.15-0.460.510.180.16-0.54-0.27-0.10.350.030.81
0.60.270.54-0.07-0.130.820.540.590.480.330.280.40.680.520.420.310.510.130.290.210.370.680.350.670.61
0.05-0.30.6-0.43-0.260.480.210.06-0.07-0.03-0.180.060.780.020.420.080.1-0.110.30.7-0.020.320.030.670.1
0.740.520.550.20.190.790.490.820.490.280.730.890.210.750.26-0.120.730.190.19-0.460.250.370.810.610.1
Click cells to compare fundamentals

GameStop Corp Account Relationship Matchups

GameStop Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8B2.5B3.5B3.1B2.7B3.4B
Total Stockholder Equity611.5M436.7M1.6B1.3B1.3B1.6B
Other Assets143.1M58.1M150.3M92.4M106.3M92.2M
Common Stock Shares Outstanding350M260M290.4M304.2M305.2M355.3M
Liabilities And Stockholders Equity2.8B2.5B3.5B3.1B2.7B3.4B
Total Liab2.2B2.0B1.9B1.8B1.4B1.8B
Other Current Liab267.6M352.3M427.5M379.3M199.5M389.7M
Total Current Liabilities1.2B1.3B1.4B1.3B934.5M1.3B
Other Liab21.4M20.5M107.9M40.9M47.0M65.7M
Retained Earnings690.2M474.9M93.6M(219.5M)(212.8M)(202.2M)
Accounts Payable380.8M341.8M471M531.3M324M643.6M
Cash499.4M508.5M1.3B1.1B921.7M671.8M
Long Term Debt419.8M216M40.5M28.7M17.7M16.8M
Inventory859.7M602.5M915M682.9M632.5M865.1M
Other Current Assets120.6M334.9M271.3M96.3M51.4M91.6M
Intangible Assets33.5M22.8M18.5M12.1M6.5M6.2M
Property Plant Equipment275.9M863.3M163.6M697.3M801.9M428.8M
Property Plant And Equipment Net1.0B863.3M750.2M697.3M650.7M519.5M
Net Debt689.1M538.3M(622.4M)(522.4M)(318.9M)(303.0M)
Non Current Assets Total1.2B921.4M900.5M789.7M734.8M698.1M
Non Currrent Assets Other184.6M39.6M105.9M74.1M60.3M57.3M
Cash And Short Term Investments499.4M508.5M1.3B1.4B1.2B723.7M
Net Receivables141.9M105.3M141.1M153.9M91M93.8M
Non Current Liabilities Total970.5M693.2M542.1M452M435.9M550.3M
Total Current Assets1.6B1.6B2.6B2.3B2.0B1.8B
Property Plant And Equipment Gross1.0B863.3M163.6M136.5M1.5B1.6B
Accumulated Other Comprehensive Income(78.8M)(49.3M)(68.7M)(71.9M)(83.6M)(79.4M)
Short Long Term Debt Total1.2B1.0B649M616.6M602.8M649.6M
Current Deferred Revenue349.9M371.6M389.8M404.1M128.6M122.2M
Short Term Debt239.4M601.5M425.5M400.2M386.2M405.5M
Net Tangible Assets611.5M436.7M1.6B1.3B1.5B1.6B
Retained Earnings Total Equity690.2M474.9M93.6M(219.5M)(197.6M)(187.7M)

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether GameStop Corp is a strong investment it is important to analyze GameStop Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GameStop Corp's future performance. For an informed investment choice regarding GameStop Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GameStop Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade GameStop Stock refer to our How to Trade GameStop Stock guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Computer & Electronics Retail 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 GameStop Corp. If investors know GameStop 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 GameStop Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.259
Earnings Share
0.14
Revenue Per Share
13.97
Quarterly Revenue Growth
(0.31)
Return On Assets
0.0004
The market value of GameStop Corp is measured differently than its book value, which is the value of GameStop that is recorded on the company's balance sheet. Investors also form their own opinion of GameStop Corp's value that differs from its market value or its book value, called intrinsic value, which is GameStop Corp's 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 GameStop Corp's market value can be influenced by many factors that don't directly affect GameStop Corp's 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 GameStop Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if GameStop Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GameStop Corp's 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.