GoPro Good Will vs Total Current Liabilities Analysis
GPRO Stock | USD 1.92 0.01 0.52% |
GoPro financial indicator trend analysis is much more than just examining GoPro Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GoPro Inc is a good investment. Please check the relationship between GoPro Good Will 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 GoPro 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 metropolitan statistical area.
Good Will vs Total Current Liabilities
Good Will vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GoPro Inc Good Will account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between GoPro's Good Will and Total Current Liabilities is 0.7. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of GoPro Inc, assuming nothing else is changed. The correlation between historical values of GoPro's Good Will 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 Good Will of GoPro Inc 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 Good Will i.e., GoPro's Good Will and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Total Current Liabilities
Total Current Liabilities is an item on GoPro balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of GoPro Inc 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 GoPro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GoPro 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 GoPro 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 metropolitan statistical area. At this time, GoPro's Selling General Administrative is very stable compared to the past year. As of the 7th of May 2024, Issuance Of Capital Stock is likely to grow to about 4.3 M, while Tax Provision is likely to drop (12.6 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 477.1M | 406.8M | 323.6M | 436.2M | Total Revenue | 1.2B | 1.1B | 1.0B | 1.2B |
GoPro fundamental ratios Correlations
Click cells to compare fundamentals
GoPro Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GoPro fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 144.9M | 149.0M | 163.2M | 178.3M | 153.3M | 153.0M | |
Total Assets | 792.8M | 771.4M | 1.3B | 1.1B | 968.0M | 921.0M | |
Short Long Term Debt Total | 220.9M | 279.5M | 286.5M | 184.0M | 128.7M | 197.0M | |
Other Current Liab | 141.8M | 113.8M | 128.6M | 118.9M | 108.1M | 137.6M | |
Total Current Liabilities | 327.1M | 262.7M | 474.8M | 275.9M | 279.1M | 339.5M | |
Total Stockholder Equity | 233.5M | 216.0M | 615.9M | 611.6M | 555.8M | 414.2M | |
Other Liab | 20.5M | 22.5M | 14.8M | 15.0M | 17.2M | 29.0M | |
Property Plant And Equipment Net | 89.7M | 55.3M | 46.3M | 35.1M | 27.4M | 26.0M | |
Current Deferred Revenue | 15.5M | 28.1M | 42.5M | 55.9M | 57.8M | 60.7M | |
Net Debt | 70.6M | (46.1M) | (114.6M) | (39.7M) | (94.0M) | (98.7M) | |
Retained Earnings | (583.7M) | (650.5M) | (279.3M) | (196.1M) | (249.3M) | (261.8M) | |
Accounts Payable | 160.7M | 111.4M | 171.5M | 91.6M | 102.6M | 139.9M | |
Cash | 150.3M | 325.7M | 401.1M | 223.7M | 222.7M | 239.0M | |
Non Current Assets Total | 256.8M | 214.7M | 478.0M | 470.9M | 485.4M | 296.6M | |
Non Currrent Assets Other | 15.5M | 11.8M | 285.2M | 10.2M | 6.3M | 5.9M | |
Other Assets | 15.5M | 43.3M | 285.2M | 289.3M | 332.7M | 349.3M | |
Long Term Debt | 148.8M | 218.2M | 111.3M | 141.0M | 92.6M | 105.2M | |
Cash And Short Term Investments | 165.1M | 325.7M | 538.9M | 367.3M | 246.6M | 306.2M | |
Net Receivables | 200.6M | 107.2M | 114.2M | 77.0M | 91.5M | 102.0M | |
Common Stock Total Equity | 930.9M | 980.1M | 1.0B | 960.9M | 1.1B | 758.4M | |
Liabilities And Stockholders Equity | 792.8M | 771.4M | 1.3B | 1.1B | 968.0M | 921.0M | |
Non Current Liabilities Total | 232.2M | 292.7M | 169.1M | 189.4M | 133.0M | 167.2M | |
Inventory | 144.2M | 97.9M | 86.4M | 127.1M | 106.3M | 100.7M | |
Other Current Assets | 26.0M | 25.9M | 42.3M | 34.6M | 38.3M | 28.8M | |
Other Stockholder Equity | 1.0M | 9.8M | (113.6M) | (153.2M) | (193.2M) | (202.9M) | |
Total Liab | 559.3M | 555.4M | 644.0M | 465.4M | 412.1M | 506.8M | |
Property Plant And Equipment Gross | 89.7M | 55.3M | 46.3M | 35.1M | 106.9M | 63.3M | |
Total Current Assets | 536.0M | 556.7M | 781.9M | 606.0M | 482.6M | 624.4M | |
Short Term Debt | 9.1M | 9.4M | 132.2M | 9.6M | 10.5M | 10.0M | |
Intangible Assets | 5.2M | 1.2M | 62K | 15K | 13.5K | 12.8K | |
Common Stock | 930.9M | 980.1M | 1.0B | 960.9M | 998.4M | 786.7M | |
Property Plant Equipment | 36.5M | 23.7M | 46.3M | 13.3M | 12.0M | 11.4M | |
Net Tangible Assets | 81.8M | 68.3M | 469.4M | 465.1M | 418.6M | 252.4M | |
Retained Earnings Total Equity | (583.7M) | (650.5M) | (279.3M) | (196.1M) | (176.5M) | (185.3M) | |
Short Term Investments | 14.8M | 0.0 | 137.8M | 143.6M | 23.9M | 22.7M | |
Non Current Liabilities Other | 83.4M | 74.5M | 14.8M | 5.4M | 3.7M | 3.5M | |
Long Term Debt Total | 148.8M | 218.2M | 111.3M | 141.0M | 162.2M | 162.9M |
GoPro Investors Sentiment
The influence of GoPro's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in GoPro. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to GoPro's public news can be used to forecast risks associated with an investment in GoPro. The trend in average sentiment can be used to explain how an investor holding GoPro can time the market purely based on public headlines and social activities around GoPro Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
GoPro's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for GoPro's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average GoPro's news discussions. The higher the estimated score, the more favorable is the investor's outlook on GoPro.
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 GoPro 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, GoPro's short interest history, or implied volatility extrapolated from GoPro options trading.
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Complementary Tools for GoPro Stock analysis
When running GoPro's price analysis, check to measure GoPro'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 GoPro is operating at the current time. Most of GoPro's value examination focuses on studying past and present price action to predict the probability of GoPro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoPro's price. Additionally, you may evaluate how the addition of GoPro to your portfolios can decrease your overall portfolio volatility.
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Is GoPro'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 GoPro. If investors know GoPro 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 GoPro 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 (0.94) | Earnings Share (0.35) | Revenue Per Share 6.557 | Quarterly Revenue Growth (0.08) | Return On Assets (0.05) |
The market value of GoPro Inc is measured differently than its book value, which is the value of GoPro that is recorded on the company's balance sheet. Investors also form their own opinion of GoPro's value that differs from its market value or its book value, called intrinsic value, which is GoPro'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 GoPro's market value can be influenced by many factors that don't directly affect GoPro'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 GoPro's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoPro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoPro'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.