Motorsport Total Current Assets from 2010 to 2024

MSGM Stock  USD 1.10  0.04  3.77%   
Motorsport Gaming Total Current Assets yearly trend continues to be very stable with very little volatility. Total Current Assets are likely to drop to about 3.3 M. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2010-12-31
Previous Quarter
3.5 M
Current Value
3.3 M
Quarterly Volatility
4.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Motorsport Gaming financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Motorsport Gaming's main balance sheet or income statement drivers, such as Interest Expense of 576.4 K, Minority Interest of 141.2 K or Tax Provision of 0.0, as well as many indicators such as Price To Sales Ratio of 1.1, Dividend Yield of 0.0 or PTB Ratio of 2.49. Motorsport financial statements analysis is a perfect complement when working with Motorsport Gaming Valuation or Volatility modules.
  
Check out the analysis of Motorsport Gaming Correlation against competitors.

Latest Motorsport Gaming's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Motorsport Gaming Us over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Motorsport Gaming's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Motorsport Gaming's overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Very volatile
   Total Current Assets   
       Timeline  

Motorsport Total Current Assets Regression Statistics

Arithmetic Mean8,761,685
Geometric Mean7,818,686
Coefficient Of Variation55.94
Mean Deviation2,343,012
Median8,699,604
Standard Deviation4,901,433
Sample Variance24T
Range21.3M
R-Value(0.08)
Mean Square Error25.7T
R-Squared0.01
Significance0.76
Slope(92,861)
Total Sum of Squares336.3T

Motorsport Total Current Assets History

20243.3 M
20233.5 M
2022M
202124.6 M
202010.5 M
20197.1 M

About Motorsport Gaming Financial Statements

Motorsport Gaming investors utilize fundamental indicators, such as Total Current Assets, to predict how Motorsport Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Current Assets3.5 M3.3 M

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When determining whether Motorsport Gaming is a strong investment it is important to analyze Motorsport Gaming'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 Motorsport Gaming's future performance. For an informed investment choice regarding Motorsport Stock, refer to the following important reports:
Check out the analysis of Motorsport Gaming Correlation against competitors.
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Is Movies & Entertainment space 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 Motorsport Gaming. If investors know Motorsport 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 Motorsport Gaming listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
2.06
Revenue Per Share
3.076
Quarterly Revenue Growth
0.082
Return On Assets
(0.49)
Return On Equity
(0.14)
The market value of Motorsport Gaming is measured differently than its book value, which is the value of Motorsport that is recorded on the company's balance sheet. Investors also form their own opinion of Motorsport Gaming's value that differs from its market value or its book value, called intrinsic value, which is Motorsport Gaming'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 Motorsport Gaming's market value can be influenced by many factors that don't directly affect Motorsport Gaming'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 Motorsport Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Motorsport Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Motorsport Gaming'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.