Good Total Assets vs Non Currrent Assets Other Analysis
GTIM Stock | USD 2.52 0.13 4.91% |
Good Times financial indicator trend analysis is much more than just examining Good Times Restaurants latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Good Times Restaurants is a good investment. Please check the relationship between Good Times Total Assets and its Non Currrent Assets Other accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Good Times Restaurants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Total Assets vs Non Currrent Assets Other
Total Assets vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Good Times Restaurants Total Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very week relationship.
The correlation between Good Times' Total Assets and Non Currrent Assets Other is 0.28. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Good Times Restaurants, assuming nothing else is changed. The correlation between historical values of Good Times' Total Assets and Non Currrent Assets Other 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 Good Times Restaurants are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Assets i.e., Good Times' Total Assets and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.28 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Good Times 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 Good Times Restaurants 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.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most indicators from Good Times' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Good Times Restaurants 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 Good Times Restaurants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Good Times' Selling General Administrative is very stable compared to the past year. As of the 17th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.09, though Tax Provision is likely to grow to (9.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 16.7M | 14.9M | 15.8M | 16.6M | Total Revenue | 138.2M | 138.1M | 142.3M | 149.4M |
Good Times fundamental ratios Correlations
Click cells to compare fundamentals
Good Times Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Good Times fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 99.7M | 93.7M | 86.4M | 91.1M | 87.1M | 91.5M | |
Short Long Term Debt Total | 75.6M | 54.7M | 51.0M | 48.9M | 43.6M | 45.8M | |
Other Current Liab | 6.2M | 4.7M | 5.6M | 4.1M | 5.0M | 5.2M | |
Total Current Liabilities | 18.6M | 12.9M | 12.9M | 14.9M | 15.7M | 16.5M | |
Total Stockholder Equity | 15.0M | 29.7M | 27.8M | 32.6M | 32.4M | 34.0M | |
Property Plant And Equipment Net | 76.9M | 73.0M | 64.7M | 63.0M | 58.5M | 61.4M | |
Retained Earnings | (44.5M) | (27.7M) | (30.3M) | (19.2M) | (17.6M) | (18.5M) | |
Accounts Payable | 2.6M | 1.5M | 628K | 2.6M | 3.1M | 3.2M | |
Cash | 11.5M | 8.9M | 8.9M | 4.2M | 3.9M | 3.5M | |
Non Current Assets Total | 86.2M | 82.2M | 74.5M | 84.5M | 80.6M | 84.6M | |
Non Currrent Assets Other | 209K | 219K | 166K | 292K | 242K | 345.8K | |
Cash And Short Term Investments | 11.5M | 8.9M | 8.9M | 4.2M | 3.9M | 3.6M | |
Common Stock Shares Outstanding | 12.6M | 12.8M | 12.5M | 11.8M | 11.1M | 11.7M | |
Liabilities And Stockholders Equity | 99.7M | 93.7M | 86.4M | 91.1M | 87.1M | 91.5M | |
Non Current Liabilities Total | 66.1M | 49.9M | 45.7M | 43.2M | 38.3M | 40.3M | |
Other Stockholder Equity | 58.1M | 57.4M | 56.8M | 51.8M | 50.0M | 36.2M | |
Total Liab | 84.7M | 62.8M | 58.6M | 58.1M | 54.0M | 56.7M | |
Total Current Assets | 13.5M | 11.4M | 11.9M | 6.6M | 6.6M | 4.9M | |
Intangible Assets | 3.9M | 3.9M | 3.9M | 3.9M | 3.9M | 2.9M | |
Net Debt | 64.1M | 45.8M | 42.1M | 44.7M | 39.7M | 41.7M | |
Inventory | 1.1M | 1.3M | 1.4M | 1.4M | 1.4M | 1.5M | |
Other Current Assets | 275K | 1.3M | 888K | 235K | 395K | 360.4K | |
Short Term Debt | 10.9M | 4.9M | 5.4M | 5.8M | 6.2M | 6.5M | |
Net Receivables | 669K | 644K | 694K | 769K | 890K | 454.1K | |
Property Plant And Equipment Gross | 27.7M | 115.8M | 113.7M | 116.9M | 134.4M | 141.1M | |
Other Liab | 8.9M | 1.4M | 202K | 159K | 182.9K | 173.7K | |
Other Assets | 212K | 53.4M | 93.7M | 3.0M | 3.4M | 3.2M | |
Long Term Debt | 7.5M | 12.9M | 10.9M | 750K | 862.5K | 819.4K | |
Property Plant Equipment | 35.7M | 27.7M | 73.0M | 64.7M | 74.4M | 78.1M | |
Current Deferred Revenue | 69K | 436K | 1.0M | 1.2M | 131K | 202.1K | |
Net Tangible Assets | 27.4M | 13.7M | 20.7M | 16.9M | 19.4M | 22.5M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Good Times Restaurants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Hotels, Restaurants & Leisure 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 Good Times. If investors know Good 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 Good Times 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 0.714 | Earnings Share 0.14 | Revenue Per Share 12.523 | Quarterly Revenue Growth 0.065 | Return On Assets 0.0104 |
The market value of Good Times Restaurants is measured differently than its book value, which is the value of Good that is recorded on the company's balance sheet. Investors also form their own opinion of Good Times' value that differs from its market value or its book value, called intrinsic value, which is Good Times' 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 Good Times' market value can be influenced by many factors that don't directly affect Good Times' 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 Good Times' value and its price as these two are different measures arrived at by different means. Investors typically determine if Good Times is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Good Times' 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.