Goosehead Other Current Liab from 2010 to 2024

GSHD Stock  USD 62.03  0.22  0.36%   
Goosehead Insurance's Other Current Liabilities is decreasing over the years with slightly volatile fluctuation. Overall, Other Current Liabilities is expected to go to 1.05 this year. During the period from 2010 to 2024 Goosehead Insurance Other Current Liabilities annual values regression line had coefficient of variation of (222.37) and r-squared of  0.09. View All Fundamentals
 
Other Current Liabilities  
First Reported
2017-12-31
Previous Quarter
1
Current Value
M
Quarterly Volatility
42.2 M
 
Covid
Check Goosehead Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Goosehead Insurance's main balance sheet or income statement drivers, such as Interest Income of 851.6 K, Depreciation And Amortization of 9.7 M or Interest Expense of 3.6 M, as well as many indicators such as Price To Sales Ratio of 6.94, Dividend Yield of 0.0066 or PTB Ratio of 33.68. Goosehead financial statements analysis is a perfect complement when working with Goosehead Insurance Valuation or Volatility modules.
  
Check out the analysis of Goosehead Insurance Correlation against competitors.
For information on how to trade Goosehead Stock refer to our How to Trade Goosehead Stock guide.

Latest Goosehead Insurance's Other Current Liab Growth Pattern

Below is the plot of the Other Current Liab of Goosehead Insurance over the last few years. It is Goosehead Insurance's Other Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Goosehead Insurance's overall financial position and show how it may be relating to other accounts over time.
Other Current Liab10 Years Trend
Slightly volatile
   Other Current Liab   
       Timeline  

Goosehead Other Current Liab Regression Statistics

Arithmetic Mean(12,575,546)
Coefficient Of Variation(222.37)
Mean Deviation18,396,569
Median1,446,972
Standard Deviation27,964,291
Sample Variance782T
Range104.9M
R-Value(0.30)
Mean Square Error765.9T
R-Squared0.09
Significance0.28
Slope(1,881,351)
Total Sum of Squares10948T

Goosehead Other Current Liab History

2024 1.05
2023 1.0
2022-37.1 M
2021-27.8 M
2020-20.4 M
2019-12.7 M
2018-102.8 M

About Goosehead Insurance Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Goosehead Insurance income statement, its balance sheet, and the statement of cash flows. Goosehead Insurance investors use historical funamental indicators, such as Goosehead Insurance's Other Current Liab, to determine how well the company is positioned to perform in the future. Although Goosehead Insurance investors may use each financial statement separately, they are all related. The changes in Goosehead Insurance's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Goosehead Insurance'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 Goosehead Insurance Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Goosehead Insurance. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Liabilities 1.00  1.05 

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Additional Information and Resources on Investing in Goosehead Stock

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 the analysis of Goosehead Insurance Correlation against competitors.
For information on how to trade Goosehead Stock refer to our How to Trade Goosehead Stock guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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
5.55
Earnings Share
0.61
Revenue Per Share
10.922
Quarterly Revenue Growth
0.116
Return On Assets
0.0581
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.