Inspired Common Stock Shares Outstanding vs Total Current Liabilities Analysis

INSE Stock  USD 9.11  0.10  1.11%   
Inspired Entertainment financial indicator trend analysis is infinitely more than just investigating Inspired Entertainment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inspired Entertainment is a good investment. Please check the relationship between Inspired Entertainment Common Stock Shares Outstanding and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inspired 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 state.
For information on how to trade Inspired Stock refer to our How to Trade Inspired Stock guide.

Common Stock Shares Outstanding vs Total Current Liabilities

Common Stock Shares Outstanding vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inspired Entertainment Common Stock Shares Outstanding account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Inspired Entertainment's Common Stock Shares Outstanding and Total Current Liabilities is 0.77. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Inspired Entertainment, assuming nothing else is changed. The correlation between historical values of Inspired Entertainment's Common Stock Shares Outstanding and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Inspired Entertainment are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Shares Outstanding i.e., Inspired Entertainment's Common Stock Shares Outstanding and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Current Liabilities

Total Current Liabilities is an item on Inspired Entertainment balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Inspired Entertainment are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Inspired Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inspired 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 Inspired 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 state.
For information on how to trade Inspired Stock refer to our How to Trade Inspired Stock guide.At present, Inspired Entertainment's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Total Revenue208.9M285.4M323M188.8M
Depreciation And Amortization50.3M41.6M43.7M41.8M

Inspired Entertainment fundamental ratios Correlations

0.780.92-0.250.50.55-0.590.850.810.9-0.080.210.820.430.620.710.790.690.460.510.720.960.38-0.810.490.07
0.780.8-0.350.220.49-0.610.530.690.71-0.020.370.560.070.510.60.810.490.170.470.670.70.5-0.750.53-0.06
0.920.8-0.410.460.56-0.730.860.740.88-0.060.220.820.470.430.770.820.640.350.560.790.860.54-0.870.530.08
-0.25-0.35-0.41-0.480.220.24-0.270.2-0.50.670.06-0.27-0.21-0.010.01-0.73-0.05-0.530.27-0.85-0.13-0.410.570.17-0.15
0.50.220.46-0.48-0.20.090.540.160.71-0.65-0.010.60.210.38-0.040.470.090.81-0.270.620.380.02-0.36-0.230.33
0.550.490.560.22-0.2-0.830.310.730.370.740.330.480.390.210.850.260.79-0.370.890.140.560.47-0.340.95-0.46
-0.59-0.61-0.730.240.09-0.83-0.39-0.59-0.55-0.46-0.32-0.57-0.36-0.11-0.9-0.53-0.650.19-0.85-0.49-0.53-0.790.67-0.810.18
0.850.530.86-0.270.540.31-0.390.590.73-0.24-0.090.670.570.390.560.660.610.540.30.650.880.14-0.720.250.13
0.810.690.740.20.160.73-0.590.590.60.370.480.760.330.550.750.430.58-0.020.730.30.820.27-0.50.7-0.09
0.90.710.88-0.50.710.37-0.550.730.6-0.280.210.850.290.530.550.80.490.610.330.840.760.53-0.840.310.27
-0.08-0.02-0.060.67-0.650.74-0.46-0.240.37-0.280.28-0.050.03-0.140.5-0.40.3-0.830.75-0.53-0.020.20.250.73-0.43
0.210.370.220.06-0.010.33-0.32-0.090.480.210.280.39-0.20.220.30.140.03-0.190.390.080.150.25-0.160.370.13
0.820.560.82-0.270.60.48-0.570.670.760.85-0.050.390.460.470.630.570.470.410.470.640.740.42-0.650.410.14
0.430.070.47-0.210.210.39-0.360.570.330.290.03-0.20.460.140.410.350.60.160.250.380.550.08-0.220.38-0.4
0.620.510.43-0.010.380.21-0.110.390.550.53-0.140.220.470.140.280.440.350.380.180.340.60.27-0.350.080.04
0.710.60.770.01-0.040.85-0.90.560.750.550.50.30.630.410.280.450.71-0.110.930.370.720.59-0.630.82-0.15
0.790.810.82-0.730.470.26-0.530.660.430.8-0.40.140.570.350.440.450.490.50.190.950.710.46-0.860.280.05
0.690.490.64-0.050.090.79-0.650.610.580.490.30.030.470.60.350.710.490.080.550.40.740.27-0.450.68-0.51
0.460.170.35-0.530.81-0.370.190.54-0.020.61-0.83-0.190.410.160.38-0.110.50.08-0.410.630.4-0.04-0.46-0.450.44
0.510.470.560.27-0.270.89-0.850.30.730.330.750.390.470.250.180.930.190.55-0.410.080.520.57-0.410.88-0.17
0.720.670.79-0.850.620.14-0.490.650.30.84-0.530.080.640.380.340.370.950.40.630.080.610.5-0.850.140.15
0.960.70.86-0.130.380.56-0.530.880.820.76-0.020.150.740.550.60.720.710.740.40.520.610.22-0.720.5-0.04
0.380.50.54-0.410.020.47-0.790.140.270.530.20.250.420.080.270.590.460.27-0.040.570.50.22-0.60.420.12
-0.81-0.75-0.870.57-0.36-0.340.67-0.72-0.5-0.840.25-0.16-0.65-0.22-0.35-0.63-0.86-0.45-0.46-0.41-0.85-0.72-0.6-0.28-0.34
0.490.530.530.17-0.230.95-0.810.250.70.310.730.370.410.380.080.820.280.68-0.450.880.140.50.42-0.28-0.51
0.07-0.060.08-0.150.33-0.460.180.13-0.090.27-0.430.130.14-0.40.04-0.150.05-0.510.44-0.170.15-0.040.12-0.34-0.51
Click cells to compare fundamentals

Inspired Entertainment Account Relationship Matchups

Inspired Entertainment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets327.4M324.1M331.7M309.4M340.9M278.3M
Other Current Liab41M48.3M44.9M40.4M28.7M33.4M
Total Current Liabilities79.6M81.9M81.5M74.7M100.7M66.6M
Total Stockholder Equity(12.5M)(49.5M)(88.7M)(78M)(57.7M)(81.9M)
Property Plant And Equipment Net88.7M78M61M53M77M53.5M
Net Debt252.9M264M274.7M263.5M291.5M306.1M
Retained Earnings(441.2M)(470.4M)(494.1M)(482.2M)(508.6M)(483.2M)
Accounts Payable22.2M17.9M20.8M25.7M41.9M22.2M
Cash29.1M47.1M47.8M25M40M24.7M
Non Current Assets Total232.1M215.1M205.3M180.8M188.4M185.1M
Non Currrent Assets Other5.1M3.3M7.1M3.4M9.6M10.1M
Other Assets(500K)60M7.1M3.4M1.00.95
Cash And Short Term Investments29.1M47.1M47.8M25M40M26.4M
Net Receivables24.2M27.5M49.4M40.5M64.6M37.2M
Good Will77.3M83.7M82.7M73.9M58.8M50.9M
Common Stock Shares Outstanding21.9M22.4M24.4M29.1M29.2M18.1M
Non Current Liabilities Total297.3M330.9M328.2M292.4M318.2M268.9M
Inventory18.8M17.6M16.9M31M32.3M33.9M
Other Current Assets23.2M16.8M12.3M32.1M15.6M15.4M
Other Stockholder Equity346.6M350.6M372.3M378.2M386.1M213.8M
Total Liab376.9M412.8M409.7M367.1M418.9M356.2M
Total Current Assets95.3M109M126.4M128.6M152.5M92.3M
Intangible Assets60.3M50.1M54.5M50.5M35.2M43.9M
Short Long Term Debt Total282M311.1M322.5M288.5M331.5M246.3M
Other Liab22.9M22.3M9.9M7.7M6.9M6.6M
Net Tangible Assets(187.2M)(222.5M)(215.2M)(182.1M)(163.9M)(172.1M)
Long Term Debt270.5M297.5M309M277.6M295.6M212.8M
Retained Earnings Total Equity(399.5M)(441.2M)(457.4M)(482.2M)(434.0M)(455.7M)
Liabilities And Stockholders Equity327.4M324.1M331.7M309.4M340.9M271.6M
Capital Surpluse328.5M346.6M324.6M378.2M434.9M269.5M
Non Current Liabilities Other10.4M10.9M1.3M14.8M700K665K
Short Term Debt474K6.3M4.2M3.8M24.5M38.7M
Property Plant Equipment79.3M78M61M44.7M51.4M60.5M
Deferred Long Term Liab21.1M31.7M17.7M1.7M2.0M1.9M
Accumulated Other Comprehensive Income45.1M31.1M43.8M46.3M44.5M44.3M
Current Deferred Revenue10.1M11.5M11.6M4.8M5.6M7.4M
Long Term Debt Total131.3M270.5M297.5M277.6M319.2M240.4M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Inspired Entertainment is a strong investment it is important to analyze Inspired Entertainment'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 Inspired Entertainment's future performance. For an informed investment choice regarding Inspired Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inspired 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 state.
For information on how to trade Inspired Stock refer to our How to Trade Inspired Stock guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running Inspired Entertainment's price analysis, check to measure Inspired Entertainment'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 Inspired Entertainment is operating at the current time. Most of Inspired Entertainment's value examination focuses on studying past and present price action to predict the probability of Inspired Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inspired Entertainment's price. Additionally, you may evaluate how the addition of Inspired Entertainment to your portfolios can decrease your overall portfolio volatility.
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Is Inspired 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 Inspired Entertainment. If investors know Inspired 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 Inspired 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
(0.99)
Earnings Share
0.11
Revenue Per Share
11.378
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0604
The market value of Inspired Entertainment is measured differently than its book value, which is the value of Inspired that is recorded on the company's balance sheet. Investors also form their own opinion of Inspired Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Inspired 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 Inspired Entertainment's market value can be influenced by many factors that don't directly affect Inspired 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 Inspired Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Inspired Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inspired 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.