Godaddy Days Payables Outstanding vs Ptb Ratio Analysis
GDDY Stock | USD 135.01 1.44 1.06% |
Godaddy financial indicator trend analysis is much more than just examining Godaddy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Godaddy is a good investment. Please check the relationship between Godaddy Days Payables Outstanding and its Ptb Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Godaddy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.
Days Payables Outstanding vs Ptb Ratio
Days Payables Outstanding vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Godaddy Days Payables Outstanding account and Ptb Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between Godaddy's Days Payables Outstanding and Ptb Ratio is 0.34. Overlapping area represents the amount of variation of Days Payables Outstanding that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Godaddy, assuming nothing else is changed. The correlation between historical values of Godaddy's Days Payables Outstanding and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Payables Outstanding of Godaddy are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Days Payables Outstanding i.e., Godaddy's Days Payables Outstanding and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Days Payables Outstanding
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most indicators from Godaddy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Godaddy 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 Godaddy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.At this time, Godaddy's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 36.39 in 2024, whereas Selling General Administrative is likely to drop slightly above 300.2 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 126M | 146.3M | 267.5M | 280.9M | Depreciation And Amortization | 196.8M | 217.9M | 171.3M | 191.9M |
Godaddy fundamental ratios Correlations
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Godaddy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Godaddy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 181.7M | 168.6M | 171.1M | 161.5M | 151.5M | 150.2M | |
Total Assets | 6.3B | 6.4B | 7.4B | 7.0B | 7.6B | 5.8B | |
Short Long Term Debt Total | 2.6B | 3.3B | 4.0B | 3.9B | 3.9B | 2.6B | |
Other Current Liab | 366M | 527.6M | 437.3M | 356.7M | 413.1M | 328.9M | |
Total Current Liabilities | 2.0B | 2.3B | 2.4B | 2.5B | 2.7B | 1.9B | |
Total Stockholder Equity | 772M | (12.9M) | 81.7M | (331.8M) | 62.2M | 59.1M | |
Property Plant And Equipment Net | 455.2M | 399.3M | 329.2M | 309.7M | 246.1M | 307.7M | |
Current Deferred Revenue | 1.5B | 1.7B | 1.9B | 2.0B | 2.1B | 1.5B | |
Net Debt | 1.5B | 2.5B | 2.8B | 3.2B | 3.5B | 1.9B | |
Retained Earnings | (153.5M) | (1.2B) | (1.5B) | (2.4B) | (2.3B) | (2.2B) | |
Accounts Payable | 72.3M | 51M | 85.2M | 130.9M | 148.1M | 155.5M | |
Cash | 1.1B | 765.2M | 1.3B | 774M | 458.8M | 645.3M | |
Non Current Assets Total | 4.7B | 5.1B | 5.5B | 5.4B | 6.3B | 4.6B | |
Non Currrent Assets Other | 196.5M | 212.1M | 272.6M | 292.1M | 261.5M | 181.6M | |
Cash And Short Term Investments | 1.1B | 765.2M | 1.3B | 774M | 498.8M | 655.9M | |
Net Receivables | 30.2M | 41.8M | 63.6M | 60.1M | 76.6M | 80.4M | |
Good Will | 3.0B | 3.3B | 3.5B | 3.5B | 3.6B | 2.8B | |
Short Term Investments | 23.6M | 2M | 24.7M | 173M | 40M | 28.9M | |
Liabilities And Stockholders Equity | 6.3B | 6.4B | 7.4B | 7.0B | 7.6B | 5.8B | |
Non Current Liabilities Total | 3.5B | 4.1B | 4.9B | 4.8B | 4.8B | 3.4B | |
Inventory | 409.8M | 423.5M | 460.6M | 476.7M | (127.2M) | (120.8M) | |
Other Current Assets | 48.9M | 60.8M | 109.9M | 271.8M | 680.5M | 714.5M | |
Other Stockholder Equity | 1.0B | 1.3B | 1.6B | 1.9B | 2.3B | 1.3B | |
Total Liab | 5.5B | 6.4B | 7.3B | 7.3B | 7.5B | 5.3B | |
Property Plant And Equipment Gross | 455.2M | 399.3M | 220M | 225.6M | 811M | 851.6M | |
Total Current Assets | 1.6B | 1.3B | 1.9B | 1.6B | 1.3B | 1.2B | |
Accumulated Other Comprehensive Income | (78.2M) | (131M) | (38.6M) | 178M | 111.2M | 116.8M | |
Short Term Debt | 18.4M | 24.3M | 24.1M | 18.2M | 47M | 49.4M | |
Intangible Assets | 1.1B | 1.3B | 1.4B | 1.3B | 1.2B | 1.2B | |
Other Liab | 948.3M | 873.7M | 896.3M | 913.6M | 1.1B | 865.3M | |
Other Assets | 196.5M | 212.1M | 272.6M | 251.6M | 289.3M | 223.0M | |
Long Term Debt | 2.4B | 3.1B | 3.9B | 3.8B | 3.8B | 2.6B | |
Property Plant Equipment | 258.6M | 257.3M | 329.2M | 225.6M | 259.4M | 278.1M | |
Net Tangible Assets | (2.5B) | (3.7B) | (4.8B) | 555M | 499.5M | 524.5M | |
Deferred Long Term Liab | 100.9M | 92M | 181.4M | 56.2M | 50.6M | 48.1M | |
Short Long Term Debt | 18.4M | 24.3M | 24.1M | 18.2M | 17.9M | 16.4M | |
Noncontrolling Interest In Consolidated Entity | 10.1M | 1.1M | 1.5M | 2.5M | 2.3M | 2.1M | |
Retained Earnings Total Equity | (153.5M) | (1.2B) | (1.5B) | (2.4B) | (2.2B) | (2.1B) | |
Long Term Debt Total | 2.4B | 3.1B | 3.9B | 3.8B | 4.4B | 2.8B |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Godaddy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.Note that the Godaddy information on this page should be used as a complementary analysis to other Godaddy'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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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Is Godaddy'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 Godaddy. If investors know Godaddy 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 Godaddy 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 8.2 | Earnings Share 11.54 | Revenue Per Share 29.757 | Quarterly Revenue Growth 0.07 | Return On Assets 0.061 |
The market value of Godaddy is measured differently than its book value, which is the value of Godaddy that is recorded on the company's balance sheet. Investors also form their own opinion of Godaddy's value that differs from its market value or its book value, called intrinsic value, which is Godaddy'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 Godaddy's market value can be influenced by many factors that don't directly affect Godaddy'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 Godaddy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Godaddy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Godaddy'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.