Gaming Total Current Liabilities vs Other Current Liab 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 Current Liabilities and its Other Current Liab 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 Current Liabilities vs Other Current Liab

Total Current Liabilities vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gaming Leisure Properties Total Current Liabilities account and Other Current Liab. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Gaming Leisure's Total Current Liabilities and Other Current Liab is 0.17. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Liab 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 Current Liabilities and Other Current Liab 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 Current Liabilities of Gaming Leisure Properties are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Current Liabilities i.e., Gaming Leisure's Total Current Liabilities and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Gaming Leisure balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Gaming Leisure Properties 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.

Other Current Liab

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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.