Gogo Deferred Long Term Liab vs Net Invested Capital Analysis
GOGO Stock | USD 7.78 0.07 0.89% |
Gogo financial indicator trend analysis is much more than just examining Gogo Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gogo Inc is a good investment. Please check the relationship between Gogo Deferred Long Term Liab and its Net Invested Capital accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gogo 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.
Deferred Long Term Liab vs Net Invested Capital
Deferred Long Term Liab vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gogo Inc Deferred Long Term Liab account and Net Invested Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gogo's Deferred Long Term Liab and Net Invested Capital is 0.74. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Gogo Inc, assuming nothing else is changed. The correlation between historical values of Gogo's Deferred Long Term Liab and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Gogo Inc are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Deferred Long Term Liab i.e., Gogo's Deferred Long Term Liab and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from Gogo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gogo 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 Gogo 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, Gogo's Selling General Administrative is very stable compared to the past year. As of the 12th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.24, though Tax Provision is likely to grow to (47.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 67.5M | 38.9M | 33.1M | 64.1M | Depreciation And Amortization | 15.5M | 12.6M | 16.7M | 15.9M |
Gogo fundamental ratios Correlations
Click cells to compare fundamentals
Gogo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gogo fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.2B | 673.6M | 647.7M | 759.5M | 781.5M | 856.7M | |
Short Long Term Debt Total | 1.2B | 1.2B | 881.7M | 776.7M | 678.1M | 646.4M | |
Other Current Liab | 188.5M | 72.9M | 50.4M | 48.7M | 35.2M | 33.4M | |
Total Current Liabilities | 252.6M | 438.1M | 188.5M | 84.4M | 72.0M | 68.4M | |
Total Stockholder Equity | (398.9M) | (641.1M) | (320.2M) | (101.9M) | 40.7M | 42.8M | |
Property Plant And Equipment Net | 623.7M | 97.2M | 134.7M | 179.9M | 168.7M | 334.7M | |
Current Deferred Revenue | 34.8M | 3.1M | 1.8M | 3.4M | 1.0M | 952.9K | |
Net Debt | 1.0B | 771.6M | 735.8M | 626.1M | 539.1M | 453.8M | |
Retained Earnings | (1.4B) | (1.6B) | (1.5B) | (1.4B) | (1.2B) | (1.3B) | |
Accounts Payable | 17.2M | 11.0M | 17.2M | 13.6M | 16.1M | 16.2M | |
Cash | 170.0M | 435.3M | 145.9M | 150.6M | 139.0M | 192.5M | |
Non Current Assets Total | 789.9M | 161.4M | 397.8M | 435.4M | 466.9M | 485.9M | |
Non Currrent Assets Other | 89.7M | 11.5M | 3.5M | 4.1M | 5.7M | 5.4M | |
Cash And Short Term Investments | 170.0M | 435.3M | 145.9M | 175.3M | 139.0M | 237.7M | |
Net Receivables | 101.4M | 42.3M | 37.7M | 60.7M | 73.4M | 62.4M | |
Common Stock Shares Outstanding | 80.8M | 82.3M | 127.2M | 133.9M | 133.3M | 98.9M | |
Liabilities And Stockholders Equity | 1.2B | 673.6M | 647.7M | 759.5M | 781.5M | 856.7M | |
Non Current Liabilities Total | 1.4B | 876.6M | 779.3M | 777.0M | 668.8M | 823.2M | |
Inventory | 117.1M | 28.1M | 34.0M | 49.5M | 63.2M | 49.2M | |
Other Current Assets | 36.3M | 6.5M | 32.3M | 38.6M | 38.9M | 21.5M | |
Other Stockholder Equity | 979.5M | 989.7M | 1.1B | 1.2B | 1.2B | 830.1M | |
Total Liab | 1.6B | 1.3B | 967.8M | 861.4M | 740.8M | 1.0B | |
Property Plant And Equipment Gross | 623.7M | 97.2M | 63.7M | 179.9M | 290.0M | 338.4M | |
Total Current Assets | 424.8M | 512.2M | 249.9M | 324.1M | 314.6M | 370.8M | |
Accumulated Other Comprehensive Income | (2.3M) | (1.0M) | 1.8M | 30.1M | 15.8M | 16.6M | |
Short Term Debt | 12.2M | 349.1M | 117.1M | 16.3M | 17.5M | 16.7M | |
Intangible Assets | 75.9M | 52.1M | 48.9M | 48.9M | 55.0M | 52.9M | |
Other Liab | 180.9M | 10.6M | 7.2M | 7.6M | 6.8M | 6.5M | |
Other Assets | 89.7M | 11.5M | 213.6M | 180.4M | 207.5M | 217.9M | |
Long Term Debt | 1.1B | 828.0M | 694.8M | 690.2M | 587.5M | 672.0M | |
Short Term Investments | 39.3M | 170.0M | 925K | 24.8M | 23.2M | 22.1M | |
Property Plant Equipment | 560.3M | 63.5M | 63.7M | 179.9M | 161.9M | 264.5M | |
Net Tangible Assets | (475.4M) | (693.8M) | (320.2M) | (151.4M) | (136.2M) | (143.1M) | |
Retained Earnings Total Equity | (1.2B) | (1.4B) | (1.6B) | (1.5B) | (1.3B) | (1.4B) | |
Long Term Debt Total | 1.0B | 1.1B | 828.0M | 694.8M | 799.0M | 798.2M | |
Capital Surpluse | 963.5M | 979.5M | 1.1B | 1.3B | 1.4B | 1.1B | |
Deferred Long Term Liab | 129.1M | 135.4M | 1.9M | 1.4M | 1.3M | 1.2M | |
Non Current Liabilities Other | 124.3M | 48.6M | 84.6M | 7.6M | 8.3M | 7.9M |
Pair Trading with Gogo
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gogo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gogo will appreciate offsetting losses from the drop in the long position's value.Moving against Gogo Stock
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The ability to find closely correlated positions to Gogo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gogo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gogo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gogo Inc to buy it.
The correlation of Gogo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gogo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gogo Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gogo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gogo 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. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Wireless Telecommunication 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 Gogo. If investors know Gogo 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 Gogo 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 (0.50) | Earnings Share 0.43 | Revenue Per Share 3.139 | Quarterly Revenue Growth 0.026 | Return On Assets 0.0847 |
The market value of Gogo Inc is measured differently than its book value, which is the value of Gogo that is recorded on the company's balance sheet. Investors also form their own opinion of Gogo's value that differs from its market value or its book value, called intrinsic value, which is Gogo'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 Gogo's market value can be influenced by many factors that don't directly affect Gogo'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 Gogo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gogo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gogo'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.