Gravity Financials

GRVY Stock  USD 66.64  1.64  2.52%   
Based on the key measurements obtained from Gravity's financial statements, Gravity Co is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At this time, Gravity's Property Plant And Equipment Gross is fairly stable compared to the past year. Total Current Assets is likely to rise to about 574.2 B in 2024, whereas Other Current Liabilities is likely to drop slightly above 4.3 B in 2024. Key indicators impacting Gravity's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.00840.0089
Notably Down
Slightly volatile
Current Ratio5.175.1384
Slightly Up
Pretty Stable
The financial analysis of Gravity is a critical element in measuring its lifeblood. Investors should not minimize Gravity's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

138.62 Billion

  
Understanding current and past Gravity Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Gravity's financial statements are interrelated, with each one affecting the others. For example, an increase in Gravity's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Gravity's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Gravity Co. Check Gravity's Beneish M Score to see the likelihood of Gravity's management manipulating its earnings.

Gravity Stock Summary

Gravity competes with Doubledown Interactive, Playtika Holding, NetEase, SohuCom, and Snail,. Gravity Co., Ltd. develops and publishes online and mobile games in South Korea, Taiwan, Thailand, and Japan. Gravity Co., Ltd. is a subsidiary of GungHo Online Entertainment, Inc. Gravity operates under Electronic Gaming Multimedia classification in the United States and is traded on NASDAQ Exchange. It employs 335 people.
Specialization
Communication Services, Electronic Gaming & Multimedia
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS38911N2062
CUSIP38911N206 38911N107
LocationRepublic Of Korea
Business Address396 World Cup
SectorEntertainment
IndustryCommunication Services
BenchmarkDow Jones Industrial
Websitewww.gravity.co.kr
Phone82 2 2132 7000
CurrencyUSD - US Dollar

Gravity Key Financial Ratios

Gravity Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets175.4B265.4B327.5B444.1B578.2B607.1B
Other Current Liab2.0B17.7B18.6B23.5B6.6B4.3B
Net Debt(76.4B)(107.4B)(94.0B)(166.8B)(181.7B)(172.7B)
Cash79.4B110.6B99.1B169.9B184.1B193.3B
Other Current Assets2.7B4.4B5.8B4.3B6.3B6.6B
Total Liab59.7B88.0B80.7B113.9B114.5B120.2B
Total Current Assets155.9B246.6B306.1B421.8B546.9B574.2B
Retained Earnings84.7B147.4B213.3B296.5B428.5B449.9B
Accounts Payable37.5B52.7B41.2B73.5B61.8B64.9B
Net Receivables32.3B59.8B53.7B77.4B74.9B78.6B
Short Term Debt5.6B13.7B15.7B22.3B25.7B26.9B
Other Liab863.6M5.3B1.6B8.2B9.4B9.9B
Other Assets9.4B265.4B3.7B10.3B11.9B17.6B
Inventory2.0B2.2B3.2B3.3B468K444.6K
Intangible Assets1.7B3.4B3.3B3.9B6.4B6.4B
Net Tangible Assets113.8B162.1B241.3B325.7B374.5B393.2B
Net Invested Capital115.5B176.9B246.1B329.5B463.1B486.2B
Net Working Capital100.1B163.9B232.1B316.1B440.5B462.5B

Gravity Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense277.5M186M115M127M162M153.9M
Total Revenue361.0B406.0B413.9B463.6B725.5B761.8B
Gross Profit95.2B166.9B189.8B196.3B240.6B252.6B
Operating Income48.8B89.5B97.6B104.8B160.4B168.4B
Ebit54.4B88.2B95.7B110.0B168.9B177.3B
Research Development9.5B15.0B16.6B13.8B13.5B14.2B
Ebitda54.4B93.1B102.0B117.1B176.5B185.3B
Cost Of Revenue265.8B239.0B224.2B267.4B485.0B509.2B
Net Income39.9B62.7B65.9B83.2B132.0B138.6B
Income Tax Expense11.5B25.5B33.4B26.8B36.7B38.6B
Income Before Tax51.3B88.0B99.3B109.9B168.7B177.1B
Minority Interest221.4M437.1M66.9M104.1M(23M)(24.2M)
Tax Provision11.5B25.5B33.4B26.8B37.3B39.1B
Interest Income1.6B1.3B5.3B16.0B10.2B10.7B
Net Interest Income1.3B628.7M2.6B5.2B7.2B7.5B

Gravity Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Gravity. It measures of how well Gravity is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Gravity brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Gravity had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Gravity has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash(6.6B)31.2B(11.5B)70.8B14.2B9.4B
Free Cash Flow24.0B66.2B70.0B95.5B126.6B133.0B
Depreciation3.7B4.9B6.3B7.1B7.7B5.1B
Other Non Cash Items(1.3B)(902.1M)40.6B(28.9B)(38.9B)(36.9B)
Capital Expenditures2.3B3.7B4.2B2.8B5.8B3.6B
End Period Cash Flow79.4B110.6B99.1B169.9B184.1B193.3B
Net Income39.7B62.6B65.9B83.1B132.0B138.6B
Change To Netincome54.8M20.1B4.8B(2.2B)(2.5B)(2.4B)
Change To Inventory1.1B1.3B(2.8B)(1.8B)(2.0B)(2.1B)
Investments(32.5B)(32.4B)(82.5B)(22.3B)(116.6B)(110.8B)
Net Borrowings(2.0B)(2.9B)(3.6B)(3.9B)(3.5B)(3.3B)

Gravity Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Gravity's current stock value. Our valuation model uses many indicators to compare Gravity value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Gravity competition to find correlations between indicators driving Gravity's intrinsic value. More Info.
Gravity Co is rated # 3 in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.51  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Gravity Co is roughly  1.96 . At this time, Gravity's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Gravity's earnings, one of the primary drivers of an investment's value.

Gravity Systematic Risk

Gravity's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Gravity volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Gravity correlated with the market. If Beta is less than 0 Gravity generally moves in the opposite direction as compared to the market. If Gravity Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Gravity is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Gravity is generally in the same direction as the market. If Beta > 1 Gravity moves generally in the same direction as, but more than the movement of the benchmark.

Gravity Thematic Clasifications

Gravity Co is part of several thematic ideas from Online Gaming to Video Games. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Gravity Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Gravity's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Gravity growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.12

At this time, Gravity's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Gravity November 24, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Gravity help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Gravity Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Gravity Co based on widely used predictive technical indicators. In general, we focus on analyzing Gravity Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Gravity's daily price indicators and compare them against related drivers.

Additional Tools for Gravity Stock Analysis

When running Gravity's price analysis, check to measure Gravity'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 Gravity is operating at the current time. Most of Gravity's value examination focuses on studying past and present price action to predict the probability of Gravity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gravity's price. Additionally, you may evaluate how the addition of Gravity to your portfolios can decrease your overall portfolio volatility.