Sharplink Common Stock Shares Outstanding vs Accounts Payable Analysis

SBET Stock  USD 0.63  0.04  5.97%   
Sharplink Gaming financial indicator trend analysis is much more than just breaking down Sharplink Gaming prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sharplink Gaming is a good investment. Please check the relationship between Sharplink Gaming Common Stock Shares Outstanding and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sharplink Gaming. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Sharplink Stock please use our How to Invest in Sharplink Gaming guide.

Common Stock Shares Outstanding vs Accounts Payable

Common Stock Shares Outstanding vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sharplink Gaming Common Stock Shares Outstanding account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sharplink Gaming's Common Stock Shares Outstanding and Accounts Payable is -0.04. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Sharplink Gaming, assuming nothing else is changed. The correlation between historical values of Sharplink Gaming's Common Stock Shares Outstanding and Accounts Payable 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 Shares Outstanding of Sharplink Gaming are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock Shares Outstanding i.e., Sharplink Gaming's Common Stock Shares Outstanding and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Sharplink Gaming obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Sharplink Gaming are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Sharplink Gaming's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sharplink Gaming 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sharplink Gaming. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Sharplink Stock please use our How to Invest in Sharplink Gaming guide.At this time, Sharplink Gaming's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 62.7 K in 2025, whereas Enterprise Value Over EBITDA is likely to drop (2.82) in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense137.5K1.2M1.3M1.6M
Depreciation And Amortization1.2M236.4K212.8K368.0K

Sharplink Gaming fundamental ratios Correlations

0.980.990.99-0.70.310.25-0.890.030.3-0.280.340.29-0.270.94-0.110.190.380.910.990.990.85-0.010.910.990.65
0.981.01.0-0.810.20.38-0.87-0.030.17-0.450.230.16-0.350.95-0.170.090.260.871.01.00.91-0.180.891.00.55
0.991.01.0-0.790.250.33-0.89-0.020.22-0.40.280.21-0.340.96-0.180.10.320.891.01.00.89-0.150.91.00.57
0.991.01.0-0.790.240.35-0.880.010.2-0.40.270.19-0.310.95-0.180.120.30.881.01.00.9-0.150.891.00.59
-0.7-0.81-0.79-0.790.03-0.60.64-0.070.170.680.010.190.25-0.740.46-0.050.01-0.56-0.79-0.75-0.820.6-0.58-0.79-0.29
0.310.20.250.240.03-0.8-0.33-0.040.970.441.00.97-0.040.28-0.070.280.990.290.250.24-0.220.360.320.260.32
0.250.380.330.35-0.6-0.8-0.220.1-0.85-0.69-0.79-0.85-0.120.28-0.18-0.17-0.770.210.340.330.71-0.530.190.330.01
-0.89-0.87-0.89-0.880.64-0.33-0.22-0.04-0.280.17-0.35-0.270.29-0.930.35-0.08-0.41-0.97-0.88-0.87-0.73-0.09-0.91-0.88-0.62
0.03-0.03-0.020.01-0.07-0.040.1-0.04-0.120.31-0.05-0.120.92-0.04-0.140.53-0.060.030.04-0.01-0.010.17-0.08-0.030.36
0.30.170.220.20.170.97-0.85-0.28-0.120.480.971.0-0.080.240.090.230.980.270.210.22-0.240.460.310.220.31
-0.28-0.45-0.4-0.40.680.44-0.690.170.310.480.410.480.46-0.350.040.550.42-0.13-0.38-0.39-0.620.86-0.23-0.410.31
0.340.230.280.270.011.0-0.79-0.35-0.050.970.410.97-0.060.31-0.060.271.00.310.280.27-0.190.350.350.290.32
0.290.160.210.190.190.97-0.85-0.27-0.121.00.480.97-0.080.230.120.220.970.260.20.21-0.250.460.30.220.31
-0.27-0.35-0.34-0.310.25-0.04-0.120.290.92-0.080.46-0.06-0.08-0.380.080.49-0.08-0.29-0.29-0.32-0.330.24-0.39-0.350.18
0.940.950.960.95-0.740.280.28-0.93-0.040.24-0.350.310.23-0.38-0.260.090.360.920.950.950.83-0.030.970.960.5
-0.11-0.17-0.18-0.180.46-0.07-0.180.35-0.140.090.04-0.060.120.08-0.26-0.14-0.06-0.25-0.19-0.11-0.140.16-0.21-0.17-0.05
0.190.090.10.12-0.050.28-0.17-0.080.530.230.550.270.220.490.09-0.140.250.070.170.11-0.030.450.050.10.62
0.380.260.320.30.010.99-0.77-0.41-0.060.980.421.00.97-0.080.36-0.060.250.380.310.31-0.150.40.410.320.35
0.910.870.890.88-0.560.290.21-0.970.030.27-0.130.310.26-0.290.92-0.250.070.380.880.880.750.150.920.890.62
0.991.01.01.0-0.790.250.34-0.880.040.21-0.380.280.2-0.290.95-0.190.170.310.881.00.89-0.130.891.00.61
0.991.01.01.0-0.750.240.33-0.87-0.010.22-0.390.270.21-0.320.95-0.110.110.310.881.00.89-0.120.91.00.59
0.850.910.890.9-0.82-0.220.71-0.73-0.01-0.24-0.62-0.19-0.25-0.330.83-0.14-0.03-0.150.750.890.89-0.340.750.890.42
-0.01-0.18-0.15-0.150.60.36-0.53-0.090.170.460.860.350.460.24-0.030.160.450.40.15-0.13-0.12-0.340.15-0.150.36
0.910.890.90.89-0.580.320.19-0.91-0.080.31-0.230.350.3-0.390.97-0.210.050.410.920.890.90.750.150.90.47
0.991.01.01.0-0.790.260.33-0.88-0.030.22-0.410.290.22-0.350.96-0.170.10.320.891.01.00.89-0.150.90.57
0.650.550.570.59-0.290.320.01-0.620.360.310.310.320.310.180.5-0.050.620.350.620.610.590.420.360.470.57
Click cells to compare fundamentals

Sharplink Gaming Account Relationship Matchups

Sharplink Gaming fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.4M20.6M65.0M71.3M82.0M86.1M
Short Long Term Debt Total193.1K165.5K8.3M12.8M14.7M15.5M
Other Current Liab962.4K5.0M50.9M67.0M77.1M80.9M
Total Current Liabilities1.5M5.9M58.9M79.2M91.1M95.7M
Total Stockholder Equity1.4M14.2M3.0M(9.4M)(8.5M)(8.0M)
Current Deferred Revenue406.5K1.2M44.3M629.6K724.1K687.9K
Net Debt(2.4M)(6.6M)(31.0M)10.3M9.3M9.8M
Retained Earnings(2.7M)(58.3M)(73.6M)(87.9M)(79.1M)(75.1M)
Accounts Payable114K813.6K689.2K834.1K959.2K857.5K
Cash2.6M6.8M39.3M2.5M2.9M2.7M
Non Current Assets Total1.2M11.1M11.1M176.9K159.2K151.3K
Non Currrent Assets Other(1.2M)284K260.2B8.8K10.1K9.6K
Cash And Short Term Investments2.6M6.8M39.3M2.5M2.9M2.7M
Net Receivables631.2K1.1M1.0M427.1K384.4K365.2K
Common Stock Shares Outstanding1.1M1.4M2.5M2.8M3.2M3.3M
Liabilities And Stockholders Equity4.4M20.6M65.0M71.3M82.0M86.1M
Non Current Liabilities Total1.5M507.8K3.1M1.4M1.6M1.5M
Other Stockholder Equity2.5M72.1M76.0M77.9M89.6M94.1M
Total Liab3.1M6.4M62.1M80.7M92.8M97.4M
Total Current Assets3.2M9.5M53.9M71.1M81.8M85.9M
Short Term Debt27.6K29.3K(1.3M)11.4M13.1M13.8M
Intangible Assets608.6K6.0M3.7M168.1K151.3K143.7K
Common Stock215.0K447.3K537.7K543.8K625.3K656.6K
Other Current Assets4.6K2.3M52.1M68.2M78.4M82.3M
Good Will3.2M381K4.4M6.9M8.0M4.2M
Property Plant And Equipment Net210.3K237.6K290.9K8.8K7.9K7.5K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Sharplink Stock Analysis

When running Sharplink Gaming's price analysis, check to measure Sharplink Gaming'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 Sharplink Gaming is operating at the current time. Most of Sharplink Gaming's value examination focuses on studying past and present price action to predict the probability of Sharplink Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sharplink Gaming's price. Additionally, you may evaluate how the addition of Sharplink Gaming to your portfolios can decrease your overall portfolio volatility.