GDEV Current Ratio from 2010 to 2024

GDEV Stock  USD 2.27  0.12  5.58%   
GDEV Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 0.45 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
0.7064219
Current Value
0.45
Quarterly Volatility
0.09414871
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check GDEV financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GDEV main balance sheet or income statement drivers, such as Tax Provision of 1.7 M, Net Interest Income of 2.5 M or Depreciation And Amortization of 3.6 M, as well as many exotic indicators such as Price To Sales Ratio of 0.89, Dividend Yield of 0.1 or Days Sales Outstanding of 53.39. GDEV financial statements analysis is a perfect complement when working with GDEV Valuation or Volatility modules.
  
This module can also supplement various GDEV Technical models . Check out the analysis of GDEV Correlation against competitors.

Latest GDEV's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of GDEV Inc over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. GDEV's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in GDEV's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.59 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

GDEV Current Ratio Regression Statistics

Arithmetic Mean0.46
Geometric Mean0.45
Coefficient Of Variation20.53
Mean Deviation0.07
Median0.40
Standard Deviation0.09
Sample Variance0.01
Range0.302
R-Value0.69
Mean Square Error0.01
R-Squared0.47
Significance0
Slope0.01
Total Sum of Squares0.12

GDEV Current Ratio History

2024 0.45
2023 0.71
2022 0.57
2021 0.59
2020 0.52

About GDEV Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include GDEV income statement, its balance sheet, and the statement of cash flows. GDEV investors use historical funamental indicators, such as GDEV's Current Ratio, to determine how well the company is positioned to perform in the future. Although GDEV investors may use each financial statement separately, they are all related. The changes in GDEV's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on GDEV's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on GDEV Financial Statements. Understanding these patterns can help to make the right decision on long term investment in GDEV. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 0.71  0.45 

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When determining whether GDEV Inc is a strong investment it is important to analyze GDEV'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 GDEV's future performance. For an informed investment choice regarding GDEV Stock, refer to the following important reports:
Check out the analysis of GDEV Correlation against competitors.
Note that the GDEV Inc information on this page should be used as a complementary analysis to other GDEV's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running GDEV's price analysis, check to measure GDEV'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 GDEV is operating at the current time. Most of GDEV's value examination focuses on studying past and present price action to predict the probability of GDEV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GDEV's price. Additionally, you may evaluate how the addition of GDEV to your portfolios can decrease your overall portfolio volatility.
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Is GDEV's industry 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 GDEV. If investors know GDEV 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 GDEV 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
(0.24)
Earnings Share
0.23
Revenue Per Share
2.317
Quarterly Revenue Growth
0.059
Return On Assets
0.0746
The market value of GDEV Inc is measured differently than its book value, which is the value of GDEV that is recorded on the company's balance sheet. Investors also form their own opinion of GDEV's value that differs from its market value or its book value, called intrinsic value, which is GDEV'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 GDEV's market value can be influenced by many factors that don't directly affect GDEV'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 GDEV's value and its price as these two are different measures arrived at by different means. Investors typically determine if GDEV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GDEV'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.