GDEV Non Current Assets Total vs Property Plant And Equipment Net Analysis

GDEV Stock  USD 32.21  4.79  12.95%   
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 Non Current Assets Total and its Property Plant And Equipment Net 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 closely tied with the direction of predictive economic indicators such as signals in income.

Non Current Assets Total vs Property Plant And Equipment Net

Non Current Assets Total vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GDEV Inc Non Current Assets Total account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between GDEV's Non Current Assets Total and Property Plant And Equipment Net is 0.91. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant And Equipment Net 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 Non Current Assets Total and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of GDEV Inc are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Current Assets Total i.e., GDEV's Non Current Assets Total and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 closely tied 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 93.05 in 2024, whereas Tax Provision is likely to drop slightly above 1.7 M in 2024.
 2021 2022 2023 2024 (projected)
Net Interest Income6.9M801K1.5M2.5M
Tax Provision1.1M3.8M2.0M1.7M

GDEV fundamental ratios Correlations

-0.91-0.921.0-0.940.99-0.990.96-0.92-0.970.790.920.990.480.330.940.98-0.120.740.99-0.250.610.761.00.981.0
-0.910.99-0.930.91-0.860.91-0.780.890.84-0.55-0.9-0.95-0.63-0.48-0.93-0.830.3-0.6-0.910.13-0.45-0.68-0.92-0.92-0.88
-0.920.99-0.940.94-0.880.92-0.80.950.86-0.51-0.95-0.95-0.52-0.54-0.96-0.830.37-0.53-0.930.07-0.4-0.73-0.94-0.94-0.89
1.0-0.93-0.94-0.960.98-0.990.94-0.93-0.970.760.941.00.480.380.960.97-0.150.710.99-0.210.570.781.00.980.99
-0.940.910.94-0.96-0.930.95-0.860.970.94-0.65-0.97-0.97-0.34-0.61-0.99-0.880.29-0.51-0.98-0.06-0.34-0.9-0.97-0.94-0.92
0.99-0.86-0.880.98-0.93-0.980.98-0.91-0.970.80.910.970.420.320.920.99-0.140.720.98-0.250.60.760.980.981.0
-0.990.910.92-0.990.95-0.98-0.940.920.99-0.79-0.93-0.99-0.44-0.33-0.96-0.970.07-0.75-0.990.24-0.61-0.78-1.0-0.97-0.98
0.96-0.78-0.80.94-0.860.98-0.94-0.87-0.940.790.870.910.330.180.840.98-0.090.750.94-0.380.70.660.940.960.98
-0.920.890.95-0.930.97-0.910.92-0.870.89-0.53-1.0-0.93-0.25-0.59-0.96-0.850.41-0.45-0.950.0-0.36-0.82-0.94-0.95-0.9
-0.970.840.86-0.970.94-0.970.99-0.940.89-0.84-0.91-0.97-0.36-0.31-0.94-0.97-0.01-0.74-0.980.22-0.59-0.82-0.98-0.94-0.97
0.79-0.55-0.510.76-0.650.8-0.790.79-0.53-0.840.540.750.43-0.030.650.850.40.840.75-0.340.630.630.760.670.8
0.92-0.9-0.950.94-0.970.91-0.930.87-1.0-0.910.540.940.250.540.970.86-0.350.490.96-0.050.420.80.950.960.9
0.99-0.95-0.951.0-0.970.97-0.990.91-0.93-0.970.750.940.50.430.980.95-0.160.690.99-0.150.520.811.00.970.97
0.48-0.63-0.520.48-0.340.42-0.440.33-0.25-0.360.430.250.50.00.380.450.040.590.39-0.320.390.130.450.420.47
0.33-0.48-0.540.38-0.610.32-0.330.18-0.59-0.31-0.030.540.430.00.570.18-0.73-0.350.430.79-0.530.730.40.370.28
0.94-0.93-0.960.96-0.990.92-0.960.84-0.96-0.940.650.970.980.380.570.88-0.240.550.970.020.370.880.970.930.92
0.98-0.83-0.830.97-0.880.99-0.970.98-0.85-0.970.850.860.950.450.180.880.00.820.96-0.380.70.690.970.960.99
-0.120.30.37-0.150.29-0.140.07-0.090.41-0.010.4-0.35-0.160.04-0.73-0.240.00.48-0.16-0.50.44-0.23-0.15-0.26-0.1
0.74-0.6-0.530.71-0.510.72-0.750.75-0.45-0.740.840.490.690.59-0.350.550.820.480.67-0.740.920.270.70.660.76
0.99-0.91-0.930.99-0.980.98-0.990.94-0.95-0.980.750.960.990.390.430.970.96-0.160.67-0.150.520.831.00.980.98
-0.250.130.07-0.21-0.06-0.250.24-0.380.00.22-0.34-0.05-0.15-0.320.790.02-0.38-0.5-0.74-0.15-0.910.38-0.19-0.25-0.31
0.61-0.45-0.40.57-0.340.6-0.610.7-0.36-0.590.630.420.520.39-0.530.370.70.440.920.52-0.910.020.560.580.65
0.76-0.68-0.730.78-0.90.76-0.780.66-0.82-0.820.630.80.810.130.730.880.69-0.230.270.830.380.020.80.720.73
1.0-0.92-0.941.0-0.970.98-1.00.94-0.94-0.980.760.951.00.450.40.970.97-0.150.71.0-0.190.560.80.980.99
0.98-0.92-0.940.98-0.940.98-0.970.96-0.95-0.940.670.960.970.420.370.930.96-0.260.660.98-0.250.580.720.980.98
1.0-0.88-0.890.99-0.921.0-0.980.98-0.9-0.970.80.90.970.470.280.920.99-0.10.760.98-0.310.650.730.990.98
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GDEV Account Relationship Matchups

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Additional 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.