Golden Non Current Liabilities Total vs Retained Earnings Analysis
GDEN Stock | USD 28.65 0.10 0.35% |
Golden Entertainment financial indicator trend analysis is much more than just examining Golden Entertainment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Golden Entertainment is a good investment. Please check the relationship between Golden Entertainment Non Current Liabilities Total and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Entertainment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. To learn how to invest in Golden Stock, please use our How to Invest in Golden Entertainment guide.
Non Current Liabilities Total vs Retained Earnings
Non Current Liabilities Total vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Golden Entertainment Non Current Liabilities Total account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Golden Entertainment's Non Current Liabilities Total and Retained Earnings is -0.39. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Golden Entertainment, assuming nothing else is changed. The correlation between historical values of Golden Entertainment's Non Current Liabilities Total and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Golden Entertainment are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Non Current Liabilities Total i.e., Golden Entertainment's Non Current Liabilities Total and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.39 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Current Liabilities Total
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Golden Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Golden Entertainment 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 Golden Entertainment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. To learn how to invest in Golden Stock, please use our How to Invest in Golden Entertainment guide.At this time, Golden Entertainment's Selling General Administrative is very stable compared to the past year. As of the 23rd of May 2024, Tax Provision is likely to grow to about 84.5 M, while Issuance Of Capital Stock is likely to drop 6,650.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 513.2M | 504.5M | 364.2M | 382.4M | Total Revenue | 1.1B | 1.1B | 1.1B | 1.1B |
Golden Entertainment fundamental ratios Correlations
Click cells to compare fundamentals
Golden Entertainment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Golden Entertainment fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 1.6B | 1.6B | 1.5B | 1.5B | 1.6B | |
Short Long Term Debt Total | 1.4B | 1.3B | 1.2B | 1.1B | 758.2M | 392.5M | |
Other Current Liab | 47.9M | 39.6M | 66.7M | 53.0M | 95.3M | 100.0M | |
Total Current Liabilities | 132.8M | 118.7M | 127.0M | 132.7M | 174.4M | 183.1M | |
Total Stockholder Equity | 289.7M | 161.3M | 319.5M | 352.9M | 537.7M | 564.6M | |
Property Plant And Equipment Net | 1.3B | 1.2B | 1.1B | 988.6M | 865.5M | 908.8M | |
Net Debt | 1.2B | 1.2B | 986.2M | 928.3M | 600.6M | 630.7M | |
Retained Earnings | (172.2M) | (309.7M) | (158.6M) | (127.4M) | 61.5M | 64.5M | |
Cash | 111.7M | 103.6M | 220.5M | 136.9M | 157.6M | 165.4M | |
Non Current Assets Total | 1.6B | 1.4B | 1.4B | 1.3B | 1.1B | 1.2B | |
Non Currrent Assets Other | 10.9M | 9.4M | 11.7M | 15.7M | 9.5M | 9.1M | |
Cash And Short Term Investments | 111.7M | 103.6M | 220.5M | 136.9M | 157.6M | 165.4M | |
Net Receivables | 16.2M | 13.7M | 18.7M | 20.5M | 17.0M | 11.4M | |
Common Stock Shares Outstanding | 27.7M | 28.1M | 32.1M | 31.5M | 30.8M | 19.3M | |
Liabilities And Stockholders Equity | 1.7B | 1.6B | 1.6B | 1.5B | 1.5B | 1.6B | |
Non Current Liabilities Total | 1.3B | 1.3B | 1.2B | 1.0B | 801.0M | 841.0M | |
Other Current Assets | 4.4M | 2.9M | 2.9M | 13.6M | 226.8M | 238.2M | |
Other Stockholder Equity | 461.6M | 470.7M | 477.8M | 480.1M | 476.0M | 294.0M | |
Total Liab | 1.5B | 1.4B | 1.3B | 1.2B | 975.3M | 1.0B | |
Property Plant And Equipment Gross | 1.3B | 1.2B | 1.5B | 1.5B | 1.4B | 1.4B | |
Total Current Assets | 160.4M | 140.7M | 263.9M | 244.6M | 409.4M | 429.9M | |
Intangible Assets | 135.2M | 106.1M | 98.1M | 89.6M | 53.9M | 66.4M | |
Accounts Payable | 30.1M | 20.2M | 19.1M | 25.2M | 18.7M | 19.6M | |
Other Assets | 10.9M | 190.0M | 11.7M | 27.5M | 24.8M | 25.0M | |
Long Term Debt | 1.1B | 1.1B | 1.0B | 900.5M | 658.5M | 439.9M | |
Short Term Debt | 42.4M | 46.9M | 41.2M | 42.8M | 18.3M | 17.7M | |
Property Plant Equipment | 1.0B | 975.8M | 904.2M | 988.6M | 1.1B | 1.2B | |
Other Liab | 3.7M | 3.8M | 3.5M | 605K | 544.5K | 517.3K | |
Current Deferred Revenue | 12.5M | 12.4M | 12.1M | 11.8M | 42.1M | 44.2M | |
Inventory | 8.2M | 5.6M | 6.6M | 8.1M | 8.1M | 5.5M | |
Net Tangible Assets | (29.7M) | (103.2M) | 47.1M | 105.0M | 94.5M | 48.2M | |
Retained Earnings Total Equity | (172.2M) | (309.7M) | (158.6M) | (127.4M) | (114.7M) | (120.4M) | |
Capital Surpluse | 461.6M | 470.7M | 477.8M | 480.1M | 552.1M | 377.5M | |
Deferred Long Term Liab | 1.1M | 1.5M | 1.9M | 53K | 61.0K | 57.9K |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Entertainment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. To learn how to invest in Golden Stock, please use our How to Invest in Golden Entertainment guide.Note that the Golden Entertainment information on this page should be used as a complementary analysis to other Golden Entertainment'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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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Is Golden Entertainment'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 Golden Entertainment. If investors know Golden 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 Golden Entertainment 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 2.605 | Dividend Share 0.25 | Earnings Share 9.3 | Revenue Per Share 33.006 | Quarterly Revenue Growth (0.37) |
The market value of Golden Entertainment is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Golden Entertainment'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 Golden Entertainment's market value can be influenced by many factors that don't directly affect Golden Entertainment'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 Golden Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Entertainment'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.