Gaming Total Assets vs Cash And Short Term Investments Analysis

GLPI Stock  USD 48.72  0.37  0.75%   
Gaming Leisure financial indicator trend analysis is much more than just examining Gaming Leisure Properties latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gaming Leisure Properties is a good investment. Please check the relationship between Gaming Leisure Total Assets and its Cash And Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gaming Leisure Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Total Assets vs Cash And Short Term Investments

Total Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gaming Leisure Properties Total Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Gaming Leisure's Total Assets and Cash And Short Term Investments is 0.58. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Gaming Leisure Properties, assuming nothing else is changed. The correlation between historical values of Gaming Leisure's Total Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Gaming Leisure Properties are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Assets i.e., Gaming Leisure's Total Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of Gaming Leisure assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Gaming Leisure Properties books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Gaming Leisure Properties balance sheet. This account contains Gaming Leisure investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Gaming Leisure Properties fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Gaming Leisure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gaming Leisure Properties 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 Gaming Leisure Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
As of now, Gaming Leisure's Selling General Administrative is increasing as compared to previous years. The Gaming Leisure's current Issuance Of Capital Stock is estimated to increase to about 448.8 M, while Tax Provision is projected to decrease to under 1.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B1.3B1.1B779.8M
Total Revenue1.2B1.3B1.4B933.0M

Gaming Leisure fundamental ratios Correlations

0.980.310.950.9-0.890.190.540.66-0.83-0.420.950.830.460.950.960.610.540.950.970.40.680.970.870.970.99
0.980.320.960.89-0.90.250.580.67-0.83-0.40.980.830.480.970.970.610.580.980.970.450.680.970.870.980.98
0.310.320.170.49-0.270.10.630.67-0.32-0.640.270.160.190.250.250.660.630.290.310.170.570.240.580.270.37
0.950.960.170.81-0.910.260.510.59-0.84-0.240.970.770.580.960.970.50.510.960.940.490.530.950.780.950.92
0.90.890.490.81-0.790.190.690.8-0.82-0.660.830.810.360.830.850.780.690.850.880.370.830.910.990.920.93
-0.89-0.9-0.27-0.91-0.79-0.08-0.46-0.580.760.38-0.93-0.68-0.47-0.95-0.9-0.52-0.46-0.93-0.92-0.36-0.61-0.88-0.77-0.88-0.9
0.190.250.10.260.19-0.080.570.4-0.280.080.250.210.410.190.230.440.570.250.130.90.190.260.230.260.17
0.540.580.630.510.69-0.460.570.95-0.7-0.620.550.470.450.510.580.81.00.570.470.620.540.590.770.60.58
0.660.670.670.590.8-0.580.40.95-0.81-0.680.620.570.460.590.670.850.950.640.590.530.580.70.870.70.7
-0.83-0.83-0.32-0.84-0.820.76-0.28-0.7-0.810.5-0.82-0.59-0.62-0.81-0.91-0.7-0.7-0.83-0.81-0.5-0.39-0.91-0.86-0.9-0.82
-0.42-0.4-0.64-0.24-0.660.380.08-0.62-0.680.5-0.33-0.270.08-0.34-0.37-0.78-0.62-0.36-0.410.04-0.61-0.42-0.72-0.42-0.48
0.950.980.270.970.83-0.930.250.550.62-0.82-0.330.760.521.00.980.540.551.00.950.460.60.950.810.950.95
0.830.830.160.770.81-0.680.210.470.57-0.59-0.270.760.150.750.740.490.470.760.750.30.730.80.730.810.84
0.460.480.190.580.36-0.470.410.450.46-0.620.080.520.150.50.570.180.450.520.510.70.020.540.410.550.43
0.950.970.250.960.83-0.950.190.510.59-0.81-0.341.00.750.50.970.530.511.00.950.410.610.940.80.940.94
0.960.970.250.970.85-0.90.230.580.67-0.91-0.370.980.740.570.970.580.580.980.950.460.530.980.840.970.94
0.610.610.660.50.78-0.520.440.80.85-0.7-0.780.540.490.180.530.580.80.560.560.480.680.630.840.630.64
0.540.580.630.510.69-0.460.571.00.95-0.7-0.620.550.470.450.510.580.80.570.470.620.540.590.770.60.58
0.950.980.290.960.85-0.930.250.570.64-0.83-0.361.00.760.521.00.980.560.570.950.450.620.950.820.950.95
0.970.970.310.940.88-0.920.130.470.59-0.81-0.410.950.750.510.950.950.560.470.950.390.660.960.860.970.97
0.40.450.170.490.37-0.360.90.620.53-0.50.040.460.30.70.410.460.480.620.450.390.250.480.410.490.39
0.680.680.570.530.83-0.610.190.540.58-0.39-0.610.60.730.020.610.530.680.540.620.660.250.610.790.630.73
0.970.970.240.950.91-0.880.260.590.7-0.91-0.420.950.80.540.940.980.630.590.950.960.480.610.891.00.97
0.870.870.580.780.99-0.770.230.770.87-0.86-0.720.810.730.410.80.840.840.770.820.860.410.790.890.90.9
0.970.980.270.950.92-0.880.260.60.7-0.9-0.420.950.810.550.940.970.630.60.950.970.490.631.00.90.97
0.990.980.370.920.93-0.90.170.580.7-0.82-0.480.950.840.430.940.940.640.580.950.970.390.730.970.90.97
Click cells to compare fundamentals

Gaming Leisure Account Relationship Matchups

Gaming Leisure fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding215.8M219.8M236.2M253.8M265.0M191.6M
Total Assets8.4B9.0B10.7B10.9B11.8B7.0B
Other Current Liab35.7M152.1M78.6M229.2M244.1M256.3M
Total Current Liabilities411.2M412.1M476.9M420.4M382.5M299.9M
Total Stockholder Equity2.1B2.7B3.2B3.8B4.2B4.4B
Retained Earnings(1.9B)(1.6B)(1.8B)(1.8B)(1.9B)(1.8B)
Accounts Payable1.0M375K63.5M6.6M7.0M9.8M
Cash26.8M486.5M724.6M239.1M684.0M718.2M
Other Assets344.2M8.5B9.1B6.1B10.3B10.8B
Other Current Assets(26.8M)61.4M77.7M(239.1M)(684.0M)(649.8M)
Total Liab6.4B6.4B7.3B6.8B7.3B4.9B
Property Plant And Equipment Net932.8M849.8M864.8M181.2M196.3M355.2M
Net Debt5.9B5.4B6.1B6.1B6.2B4.7B
Non Current Assets Total8.1B8.5B8.7B8.8B9.1B6.2B
Non Currrent Assets Other34.5M36.9M7.2B8.0B8.2B8.6B
Cash And Short Term Investments26.8M486.5M724.6M239.1M684.0M718.2M
Liabilities And Stockholders Equity8.4B9.0B10.7B10.9B11.8B7.5B
Non Current Liabilities Total5.9B5.9B6.8B6.4B6.9B5.0B
Other Stockholder Equity5.8B4.3B5.0B5.6B6.1B3.8B
Property Plant And Equipment Gross278.1M232.0M864.8M181.2M196.3M238.6M
Total Current Assets334.7M550.0M2.0B2.1B2.7B2.9B
Short Long Term Debt Total5.9B5.9B6.8B6.4B6.9B5.5B
Net Tangible Assets2.0B2.7B3.2B3.8B4.3B4.6B
Long Term Debt5.7B5.8B6.6B6.1B6.6B5.3B
Common Stock Total Equity2.1M2.3M2.5M2.6M3.0M2.1M
Retained Earnings Total Equity(1.9B)(1.6B)(1.8B)(1.8B)(1.6B)(1.7B)
Long Term Debt Total5.9B5.7B6.6B6.1B7.0B5.0B
Capital Surpluse4.0B4.3B5.0B5.6B6.4B3.5B
Deferred Long Term Liab232.0M293.9M328.5M333.4M383.4M208.6M
Non Current Liabilities Other26.7M5.9B600.1M27.7M36.6M34.7M
Common Stock2.1M2.3M2.5M2.6M2.7M2.2M
Property Plant Equipment7.1B80.6M13.0M7.7B8.9B9.3B
Other Liab355.4M373.4M362.9M352.5M405.3M291.7M
Current Deferred Revenue328.5M333.1M329.1M324.8M284.9M270.4M

Currently Active Assets on Macroaxis

When determining whether Gaming Leisure Properties offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gaming Leisure's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gaming Leisure Properties Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gaming Leisure Properties Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gaming Leisure Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Other Specialized REITs 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 Gaming Leisure. If investors know Gaming 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 Gaming Leisure 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
(0.04)
Dividend Share
3.01
Earnings Share
2.86
Revenue Per Share
5.568
Quarterly Revenue Growth
0.072
The market value of Gaming Leisure Properties is measured differently than its book value, which is the value of Gaming that is recorded on the company's balance sheet. Investors also form their own opinion of Gaming Leisure's value that differs from its market value or its book value, called intrinsic value, which is Gaming Leisure'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 Gaming Leisure's market value can be influenced by many factors that don't directly affect Gaming Leisure'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 Gaming Leisure's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gaming Leisure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gaming Leisure'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.