Goosehead Property Plant And Equipment Gross vs Current Deferred Revenue Analysis

GSHD Stock  USD 122.45  16.80  15.90%   
Goosehead Insurance financial indicator trend analysis is much more than just examining Goosehead Insurance latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Goosehead Insurance is a good investment. Please check the relationship between Goosehead Insurance Property Plant And Equipment Gross 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 Goosehead Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Goosehead Stock refer to our How to Trade Goosehead Stock guide.

Property Plant And Equipment Gross vs Current Deferred Revenue

Property Plant And Equipment Gross vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goosehead Insurance Property Plant And Equipment Gross account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Goosehead Insurance's Property Plant And Equipment Gross and Current Deferred Revenue is 0.91. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Goosehead Insurance, assuming nothing else is changed. The correlation between historical values of Goosehead Insurance's Property Plant And Equipment Gross 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 Property Plant And Equipment Gross of Goosehead Insurance 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 Property Plant And Equipment Gross i.e., Goosehead Insurance's Property Plant And Equipment Gross and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Gross

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 Goosehead Insurance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Goosehead Insurance 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 Goosehead Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Goosehead Stock refer to our How to Trade Goosehead Stock guide.At present, Goosehead Insurance's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 14.9 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.20.
 2022 2023 2024 2025 (projected)
Depreciation And Amortization7.1M9.5M10.5M11.0M
Interest Income1.4M1.4M1.7M851.6K

Goosehead Insurance fundamental ratios Correlations

0.91-0.90.660.681.00.860.990.860.870.920.970.9-0.260.320.80.970.86-0.090.850.890.430.840.920.970.97
0.91-0.890.570.510.930.750.930.970.990.980.850.67-0.50.610.950.850.97-0.270.960.720.360.740.990.940.81
-0.9-0.89-0.3-0.82-0.9-0.85-0.9-0.8-0.85-0.9-0.92-0.770.29-0.42-0.83-0.92-0.810.31-0.85-0.78-0.43-0.9-0.89-0.89-0.87
0.660.57-0.3-0.020.680.40.650.640.590.580.510.59-0.220.170.460.510.60.340.480.580.220.260.610.620.57
0.680.51-0.82-0.020.640.820.640.380.410.590.810.760.13-0.050.40.810.44-0.240.550.70.290.90.540.610.79
1.00.93-0.90.680.640.860.990.90.90.940.960.87-0.320.390.840.960.89-0.130.870.870.40.830.940.970.95
0.860.75-0.850.40.820.860.850.720.670.810.890.78-0.240.270.60.890.77-0.290.750.720.20.920.780.830.91
0.990.93-0.90.650.640.990.850.890.910.940.950.85-0.380.420.840.950.89-0.130.870.830.450.820.940.970.94
0.860.97-0.80.640.380.90.720.890.970.940.780.57-0.60.70.940.780.99-0.340.920.640.220.680.950.910.76
0.870.99-0.850.590.410.90.670.910.970.950.790.6-0.580.690.960.790.95-0.250.920.660.420.640.970.920.74
0.920.98-0.90.580.590.940.810.940.940.950.880.73-0.450.520.870.880.93-0.190.950.740.330.790.990.920.87
0.970.85-0.920.510.810.960.890.950.780.790.880.92-0.110.210.761.00.81-0.170.840.930.380.920.870.940.98
0.90.67-0.770.590.760.870.780.850.570.60.730.920.14-0.110.510.920.590.190.640.940.450.80.720.80.94
-0.26-0.50.29-0.220.13-0.32-0.24-0.38-0.6-0.58-0.45-0.110.14-0.93-0.53-0.11-0.550.45-0.410.18-0.05-0.1-0.45-0.35-0.11
0.320.61-0.420.17-0.050.390.270.420.70.690.520.21-0.11-0.930.710.210.67-0.610.53-0.040.070.20.540.460.15
0.80.95-0.830.460.40.840.60.840.940.960.870.760.51-0.530.710.760.92-0.420.90.650.330.640.90.890.68
0.970.85-0.920.510.810.960.890.950.780.790.881.00.92-0.110.210.760.81-0.170.840.930.380.920.870.940.98
0.860.97-0.810.60.440.890.770.890.990.950.930.810.59-0.550.670.920.81-0.390.950.660.210.720.950.930.77
-0.09-0.270.310.34-0.24-0.13-0.29-0.13-0.34-0.25-0.19-0.170.190.45-0.61-0.42-0.17-0.39-0.350.070.4-0.39-0.17-0.24-0.1
0.850.96-0.850.480.550.870.750.870.920.920.950.840.64-0.410.530.90.840.95-0.350.710.220.770.950.920.8
0.890.72-0.780.580.70.870.720.830.640.660.740.930.940.18-0.040.650.930.660.070.710.420.780.750.850.9
0.430.36-0.430.220.290.40.20.450.220.420.330.380.45-0.050.070.330.380.210.40.220.420.10.370.420.29
0.840.74-0.90.260.90.830.920.820.680.640.790.920.8-0.10.20.640.920.72-0.390.770.780.10.750.80.92
0.920.99-0.890.610.540.940.780.940.950.970.990.870.72-0.450.540.90.870.95-0.170.950.750.370.750.940.84
0.970.94-0.890.620.610.970.830.970.910.920.920.940.8-0.350.460.890.940.93-0.240.920.850.420.80.940.9
0.970.81-0.870.570.790.950.910.940.760.740.870.980.94-0.110.150.680.980.77-0.10.80.90.290.920.840.9
Click cells to compare fundamentals

Goosehead Insurance Account Relationship Matchups

Goosehead Insurance fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets185.8M267.8M321.4M354.9M408.1M428.5M
Short Long Term Debt Total119.0M175.0M165.2M143.2M164.7M108.6M
Other Current Liab(57.3M)(125.2M)(119.6M)(143.1M)(128.8M)(122.3M)
Total Current Liabilities20.4M27.8M37.1M40.9M47.0M49.4M
Total Stockholder Equity(4.9M)(14.2M)10.7M56.6M65.0M68.3M
Other Liab40.1M91.5M143.5M166.2M191.1M200.7M
Net Tangible Assets(9.5M)(5.4M)(17.0M)6.2M7.1M7.5M
Property Plant And Equipment Net39.2M57.6M79.4M68.7M79.0M83.0M
Current Deferred Revenue4.2M6.1M6.0M4.1M4.7M3.5M
Net Debt94.1M146.4M136.4M101.3M116.4M83.8M
Accounts Payable9.4M14.9M17.6M16.4M18.9M10.1M
Cash24.9M28.5M28.7M42.0M48.2M50.7M
Non Current Assets Total39.7M60.4M83.9M280.3M322.4M338.5M
Non Currrent Assets Other(39.7M)(60.4M)(155.3M)13.1M11.8M12.4M
Other Assets82.3M137.2M165.5M(7.2M)(8.3M)(7.8M)
Long Term Debt79.4M118.4M86.7M67.6M77.7M71.1M
Cash And Short Term Investments24.9M28.5M28.7M42.0M48.2M50.7M
Net Receivables38.9M41.7M43.2M31.9M36.7M25.7M
Common Stock Shares Outstanding18.4M20.8M21.8M38.4M38.3M29.0M
Liabilities And Stockholders Equity185.8M267.8M321.4M354.9M408.1M428.5M
Non Current Liabilities Total142.3M208.2M37.1M297.2M341.8M358.9M
Other Current Assets3.7M4.8M4.3M7.9M9.1M9.5M
Other Stockholder Equity29.4M46.3M70.9M103.2M118.7M124.6M
Total Liab224.2M337.0M355.0M338.1M388.8M206.3M
Short Long Term Debt3.5M4.4M6.9M9.4M10.8M11.3M
Total Current Assets63.8M70.3M72.0M81.7M94.0M49.5M
Short Term Debt6.7M9.3M13.5M18.3M21.0M22.1M
Intangible Assets549K2.8M4.5M17.3M19.9M20.8M
Common Stock367K370K374K380K437K458.9K
Property Plant Equipment9.5M16.7M57.6M79.4M91.3M95.9M
Net Invested Capital78.0M108.5M104.3M133.5M153.5M94.3M
Retained Earnings(34.6M)(60.9M)(60.6M)(47.1M)(42.4M)(44.5M)
Capital Stock367K370K374K380K437K406.1K

Also Currently Popular

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 Goosehead Insurance is a strong investment it is important to analyze Goosehead Insurance'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 Goosehead Insurance's future performance. For an informed investment choice regarding Goosehead 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 Goosehead Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Goosehead Stock refer to our How to Trade Goosehead Stock guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Insurance Brokers 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 Goosehead Insurance. If investors know Goosehead 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 Goosehead Insurance 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
2.886
Earnings Share
0.7
Revenue Per Share
12.755
Quarterly Revenue Growth
0.498
Return On Assets
0.1016
The market value of Goosehead Insurance is measured differently than its book value, which is the value of Goosehead that is recorded on the company's balance sheet. Investors also form their own opinion of Goosehead Insurance's value that differs from its market value or its book value, called intrinsic value, which is Goosehead Insurance'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 Goosehead Insurance's market value can be influenced by many factors that don't directly affect Goosehead Insurance'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 Goosehead Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Goosehead Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goosehead Insurance'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.