GoPro Stock Based Compensation vs Free Cash Flow Analysis

GPRO Stock

USD 1.57 0.12 8.28%

GoPro financial indicator trend analysis is much more than just examining GoPro Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GoPro Inc is a good investment. Please check the relationship between GoPro Stock Based Compensation and its Free Cash Flow accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoPro 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 metropolitan statistical area.

Stock Based Compensation vs Free Cash Flow

Stock Based Compensation vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GoPro Inc Stock Based Compensation account and Free Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between GoPro's Stock Based Compensation and Free Cash Flow is -0.09. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of GoPro Inc, assuming nothing else is changed. The correlation between historical values of GoPro's Stock Based Compensation and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of GoPro Inc are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Stock Based Compensation i.e., GoPro's Stock Based Compensation and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.09

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from GoPro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GoPro 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 GoPro 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 metropolitan statistical area.

At this time, GoPro's Selling General Administrative is very stable compared to the past year. As of the 9th of November 2024, Issuance Of Capital Stock is likely to grow to about 4.3 M, while Tax Provision is likely to drop (12.6 M).

	2021	2022	2023	2024 (projected)
Gross Profit	477.1M	406.8M	323.6M	436.2M
Total Revenue	1.2B	1.1B	1.0B	1.2B

Gross Profit Total Revenue

GoPro fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Common Stock Shares Outstanding		0.72	0.49	0.46	0.55	0.6	0.21	0.23	0.67	-0.27	-0.3	0.37	0.58	0.78	0.28	0.63	0.18	0.6	0.01	0.68	0.71	0.06	0.3	0.55	-0.02	0.55
Total Assets	0.72		0.48	0.55	0.79	0.94	0.43	0.46	0.63	-0.73	-0.14	0.59	0.88	0.85	0.51	0.62	-0.18	0.91	0.35	0.69	0.85	-0.36	0.63	0.64	-0.3	0.49
Short Long Term Debt Total	0.49	0.48		0.17	0.44	0.26	-0.06	0.28	0.41	-0.03	-0.54	0.35	0.64	0.43	0.49	0.33	0.53	0.53	0.09	0.52	0.56	0.47	-0.09	0.36	-0.08	0.73
Other Current Liab	0.46	0.55	0.17		0.74	0.39	0.8	0.71	0.17	-0.28	-0.42	0.63	0.3	0.58	0.18	0.17	-0.05	0.31	0.27	0.69	0.58	-0.1	0.62	0.71	0.47	0.62
Total Current Liabilities	0.55	0.79	0.44	0.74		0.61	0.59	0.59	0.37	-0.5	-0.34	0.91	0.67	0.69	0.54	0.39	-0.18	0.62	0.46	0.7	0.69	-0.26	0.55	0.73	0.0	0.75
Total Stockholder Equity	0.6	0.94	0.26	0.39	0.61		0.35	0.35	0.56	-0.85	0.13	0.41	0.83	0.73	0.43	0.57	-0.39	0.91	0.35	0.48	0.71	-0.57	0.67	0.43	-0.44	0.17
Other Liab	0.21	0.43	-0.06	0.8	0.59	0.35		0.63	-0.01	-0.43	-0.4	0.61	0.28	0.3	-0.01	-0.08	-0.15	0.27	0.39	0.54	0.51	-0.26	0.68	0.62	0.18	0.36
Property Plant And Equipment Net	0.23	0.46	0.28	0.71	0.59	0.35	0.63		-0.21	-0.33	-0.41	0.64	0.34	0.28	0.17	-0.27	-0.1	0.32	0.76	0.49	0.51	-0.15	0.76	0.43	0.11	0.45
Current Deferred Revenue	0.67	0.63	0.41	0.17	0.37	0.56	-0.01	-0.21		-0.23	-0.18	0.19	0.52	0.79	0.11	0.96	0.2	0.5	-0.28	0.6	0.64	0.07	-0.02	0.53	-0.24	0.39
Net Debt	-0.27	-0.73	-0.03	-0.28	-0.5	-0.85	-0.43	-0.33	-0.23		-0.32	-0.41	-0.74	-0.35	-0.33	-0.24	0.66	-0.78	-0.48	-0.17	-0.42	0.8	-0.73	-0.2	0.54	0.08
Retained Earnings	-0.3	-0.14	-0.54	-0.42	-0.34	0.13	-0.4	-0.41	-0.18	-0.32		-0.45	-0.14	-0.32	0.12	0.0	-0.74	0.04	-0.1	-0.75	-0.6	-0.66	0.03	-0.63	-0.25	-0.77
Accounts Payable	0.37	0.59	0.35	0.63	0.91	0.41	0.61	0.64	0.19	-0.41	-0.45		0.5	0.48	0.31	0.16	-0.18	0.4	0.65	0.63	0.59	-0.24	0.53	0.61	-0.08	0.68
Cash	0.58	0.88	0.64	0.3	0.67	0.83	0.28	0.34	0.52	-0.74	-0.14	0.5		0.62	0.58	0.48	-0.08	0.95	0.31	0.52	0.73	-0.25	0.44	0.47	-0.46	0.45
Non Current Assets Total	0.78	0.85	0.43	0.58	0.69	0.73	0.3	0.28	0.79	-0.35	-0.32	0.48	0.62		0.39	0.78	0.08	0.63	0.0	0.84	0.85	-0.07	0.33	0.77	0.02	0.59
Non Currrent Assets Other	0.28	0.51	0.49	0.18	0.54	0.43	-0.01	0.17	0.11	-0.33	0.12	0.31	0.58	0.39		0.27	-0.16	0.63	0.1	0.14	0.24	-0.18	0.05	0.21	0.01	0.38
Other Assets	0.63	0.62	0.33	0.17	0.39	0.57	-0.08	-0.27	0.96	-0.24	0.0	0.16	0.48	0.78	0.27		0.04	0.5	-0.32	0.49	0.52	-0.06	-0.05	0.44	-0.15	0.32
Long Term Debt	0.18	-0.18	0.53	-0.05	-0.18	-0.39	-0.15	-0.1	0.2	0.66	-0.74	-0.18	-0.08	0.08	-0.16	0.04		-0.2	-0.42	0.36	0.24	0.97	-0.52	0.27	0.27	0.5
Cash And Short Term Investments	0.6	0.91	0.53	0.31	0.62	0.91	0.27	0.32	0.5	-0.78	0.04	0.4	0.95	0.63	0.63	0.5	-0.2		0.28	0.43	0.67	-0.36	0.51	0.4	-0.43	0.33
Net Receivables	0.01	0.35	0.09	0.27	0.46	0.35	0.39	0.76	-0.28	-0.48	-0.1	0.65	0.31	0.0	0.1	-0.32	-0.42	0.28		0.15	0.27	-0.45	0.72	0.05	-0.37	0.12
Good Will	0.68	0.69	0.52	0.69	0.7	0.48	0.54	0.49	0.6	-0.17	-0.75	0.63	0.52	0.84	0.14	0.49	0.36	0.43	0.15		0.93	0.21	0.34	0.89	0.11	0.79
Common Stock Total Equity	0.71	0.85	0.56	0.58	0.69	0.71	0.51	0.51	0.64	-0.42	-0.6	0.59	0.73	0.85	0.24	0.52	0.24	0.67	0.27	0.93		0.04	0.47	0.81	-0.16	0.66
Non Current Liabilities Total	0.06	-0.36	0.47	-0.1	-0.26	-0.57	-0.26	-0.15	0.07	0.8	-0.66	-0.24	-0.25	-0.07	-0.18	-0.06	0.97	-0.36	-0.45	0.21	0.04		-0.61	0.12	0.38	0.45
Inventory	0.3	0.63	-0.09	0.62	0.55	0.67	0.68	0.76	-0.02	-0.73	0.03	0.53	0.44	0.33	0.05	-0.05	-0.52	0.51	0.72	0.34	0.47	-0.61		0.32	-0.2	0.09
Other Current Assets	0.55	0.64	0.36	0.71	0.73	0.43	0.62	0.43	0.53	-0.2	-0.63	0.61	0.47	0.77	0.21	0.44	0.27	0.4	0.05	0.89	0.81	0.12	0.32		0.1	0.75
Other Stockholder Equity	-0.02	-0.3	-0.08	0.47	0.0	-0.44	0.18	0.11	-0.24	0.54	-0.25	-0.08	-0.46	0.02	0.01	-0.15	0.27	-0.43	-0.37	0.11	-0.16	0.38	-0.2	0.1		0.26
Total Liab	0.55	0.49	0.73	0.62	0.75	0.17	0.36	0.45	0.39	0.08	-0.77	0.68	0.45	0.59	0.38	0.32	0.5	0.33	0.12	0.79	0.66	0.45	0.09	0.75	0.26

Click cells to compare fundamentals

GoPro Account Relationship Matchups

GoPro fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	144.9M	149.0M	163.2M	178.3M	153.3M	153.0M
Total Assets	792.8M	771.4M	1.3B	1.1B	968.0M	921.0M
Short Long Term Debt Total	220.9M	279.5M	286.5M	184.0M	128.7M	198.4M
Other Current Liab	141.8M	113.8M	128.6M	118.9M	108.1M	137.6M
Total Current Liabilities	327.1M	262.7M	474.8M	275.9M	279.1M	339.5M
Total Stockholder Equity	233.5M	216.0M	615.9M	611.6M	555.8M	414.2M
Other Liab	20.5M	22.5M	14.8M	15.0M	17.2M	29.0M
Property Plant And Equipment Net	89.7M	55.3M	46.3M	35.1M	27.4M	26.0M
Current Deferred Revenue	15.5M	28.1M	42.5M	55.9M	57.8M	60.7M
Net Debt	70.6M	(46.1M)	(114.6M)	(39.7M)	(94.0M)	(98.7M)
Retained Earnings	(583.7M)	(650.5M)	(279.3M)	(196.1M)	(249.3M)	(261.8M)
Accounts Payable	160.7M	111.4M	171.5M	91.6M	102.6M	139.9M
Cash	150.3M	325.7M	401.1M	223.7M	222.7M	239.0M
Non Current Assets Total	256.8M	214.7M	478.0M	470.9M	485.4M	296.6M
Non Currrent Assets Other	15.5M	11.8M	285.2M	10.2M	6.3M	5.9M
Other Assets	15.5M	43.3M	285.2M	289.3M	332.7M	349.3M
Long Term Debt	148.8M	218.2M	111.3M	141.0M	92.6M	105.2M
Cash And Short Term Investments	165.1M	325.7M	538.9M	367.3M	246.6M	306.2M
Net Receivables	200.6M	107.2M	114.2M	77.0M	91.5M	102.0M
Common Stock Total Equity	930.9M	980.1M	1.0B	960.9M	1.1B	758.4M
Liabilities And Stockholders Equity	792.8M	771.4M	1.3B	1.1B	968.0M	921.0M
Non Current Liabilities Total	232.2M	292.7M	169.1M	189.4M	133.0M	167.2M
Inventory	144.2M	97.9M	86.4M	127.1M	106.3M	100.7M
Other Current Assets	26.0M	25.9M	42.3M	34.6M	38.3M	28.8M
Other Stockholder Equity	1.0M	9.8M	(113.6M)	(153.2M)	(193.2M)	(202.9M)
Total Liab	559.3M	555.4M	644.0M	465.4M	412.1M	506.8M
Property Plant And Equipment Gross	89.7M	55.3M	46.3M	35.1M	106.9M	63.3M
Total Current Assets	536.0M	556.7M	781.9M	606.0M	482.6M	624.4M
Short Term Debt	9.1M	9.4M	132.2M	9.6M	10.5M	10.0M
Intangible Assets	5.2M	1.2M	62K	15K	13.5K	12.8K
Common Stock	930.9M	980.1M	1.0B	960.9M	998.4M	786.7M
Property Plant Equipment	36.5M	23.7M	46.3M	13.3M	12.0M	11.4M
Net Tangible Assets	81.8M	68.3M	469.4M	465.1M	418.6M	252.4M
Retained Earnings Total Equity	(583.7M)	(650.5M)	(279.3M)	(196.1M)	(176.5M)	(185.3M)
Short Term Investments	14.8M	0.0	137.8M	143.6M	23.9M	22.7M
Non Current Liabilities Other	83.4M	74.5M	14.8M	5.4M	3.7M	3.5M
Long Term Debt Total	148.8M	218.2M	111.3M	141.0M	162.2M	162.9M

Pair Trading with GoPro

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if GoPro position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in GoPro will appreciate offsetting losses from the drop in the long position's value.

Moving together with GoPro Stock

0.65

Ralph Lauren Corp

Pair Corr

Moving against GoPro Stock

0.6	DOOO	BRP Inc	Pair Corr
0.6	WLDS	Wearable Devices	Pair Corr
0.49	CRI	Carters	Pair Corr
0.44	FEBO	Fenbo Holdings	Pair Corr
0.43	OXM	Oxford Industries	Pair Corr

The ability to find closely correlated positions to GoPro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GoPro when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back GoPro - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling GoPro Inc to buy it.

The correlation of GoPro is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GoPro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GoPro Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for GoPro can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether GoPro Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GoPro'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 Gopro Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gopro Inc Stock:

How To Invest In GoPro

Details

Is GoPro Stock a good investment?

Details

What is GoPro's Net Worth?

Details

Largest Consumer Electronics Companies

View

Largest Consumer Durables & Apparel Companies

View

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoPro 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 metropolitan statistical area.

You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Is Consumer Electronics 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 GoPro. If investors know GoPro 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 GoPro 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

(0.94)

Earnings Share

(2.82)

Revenue Per Share

5.891

Quarterly Revenue Growth

(0.12)

Return On Assets

(0.08)

The market value of GoPro Inc is measured differently than its book value, which is the value of GoPro that is recorded on the company's balance sheet. Investors also form their own opinion of GoPro's value that differs from its market value or its book value, called intrinsic value, which is GoPro'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 GoPro's market value can be influenced by many factors that don't directly affect GoPro'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 GoPro's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoPro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoPro'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

GoPro Stock Based Compensation vs Free Cash Flow Analysis

Stock Based Compensation vs Free Cash Flow

Stock Based Compensation vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Stock Based Compensation

Free Cash Flow

GoPro fundamental ratios Correlations

GoPro Account Relationship Matchups

High Positive Relationship

High Negative Relationship

GoPro fundamental ratios Accounts

Pair Trading with GoPro

Moving together with GoPro Stock

Moving against GoPro Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 0.97	Long Term Debt
Other Assets	+ 0.96	Current Deferred Revenue
Cash And Short Term Investments	+ 0.95	Cash
Total Stockholder Equity	+ 0.94	Total Assets
Common Stock Total Equity	+ 0.93	Good Will
Cash And Short Term Investments	+ 0.91	Total Assets

Net Debt	- 0.85	Total Stockholder Equity
Cash And Short Term Investments	- 0.78	Net Debt
Total Liab	- 0.77	Retained Earnings
Good Will	- 0.75	Retained Earnings
Long Term Debt	- 0.74	Retained Earnings
Cash	- 0.74	Net Debt