GDEV Total Stockholder Equity vs Total Current Assets Analysis
| GDEV Stock | USD 2.07 0.20 8.81% |
GDEV financial indicator trend analysis is much more than just examining GDEV Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GDEV Inc is a good investment. Please check the relationship between GDEV Total Stockholder Equity and its Total Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GDEV Inc. 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.
Total Stockholder Equity vs Total Current Assets
Total Stockholder Equity vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GDEV Inc Total Stockholder Equity account and Total Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between GDEV's Total Stockholder Equity and Total Current Assets is -0.92. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of GDEV Inc, assuming nothing else is changed. The correlation between historical values of GDEV's Total Stockholder Equity and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of GDEV Inc are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Stockholder Equity i.e., GDEV's Total Stockholder Equity and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.92 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from GDEV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GDEV Inc 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 GDEV Inc. 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. At this time, GDEV's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 7.95 in 2024, whereas Tax Provision is likely to drop slightly above 1.7 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 6.9M | 801K | 1.5M | 2.5M | Tax Provision | 1.1M | 3.8M | 2.0M | 1.7M |
GDEV fundamental ratios Correlations
Click cells to compare fundamentals
GDEV Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards GDEV in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, GDEV's short interest history, or implied volatility extrapolated from GDEV options trading.
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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 GDEV Inc. 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. 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for GDEV Stock analysis
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.