Evolution Gaming Group Stock Working Capital

0RQ6 Stock   977.60  3.39  0.35%   
Evolution Gaming Group fundamentals help investors to digest information that contributes to Evolution Gaming's financial success or failures. It also enables traders to predict the movement of Evolution Stock. The fundamental analysis module provides a way to measure Evolution Gaming's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Evolution Gaming stock.
Change In Working Capital is likely to gain to about (34.2 M) in 2024.
  
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Evolution Gaming Group Company Working Capital Analysis

Evolution Gaming's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

 = 

Current Assets

-

Current Liabilities

More About Working Capital | All Equity Analysis
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

Evolution Capital Surpluse

Capital Surpluse

2.69 Billion

At this time, Evolution Gaming's Capital Surpluse is comparatively stable compared to the past year.
In accordance with the company's disclosures, Evolution Gaming Group has a Working Capital of 0.0. This is 100.0% lower than that of the Commercial Services & Supplies sector and about the same as Industrials (which currently averages 0.0) industry. The working capital for all United Kingdom stocks is 100.0% higher than that of the company.

Evolution Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Evolution Gaming's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Evolution Gaming could also be used in its relative valuation, which is a method of valuing Evolution Gaming by comparing valuation metrics of similar companies.
Evolution Gaming is currently under evaluation in working capital category among its peers.

Evolution Fundamentals

About Evolution Gaming Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Evolution Gaming Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Evolution Gaming using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Evolution Gaming Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Evolution Stock Analysis

When running Evolution Gaming's price analysis, check to measure Evolution Gaming'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 Evolution Gaming is operating at the current time. Most of Evolution Gaming's value examination focuses on studying past and present price action to predict the probability of Evolution Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evolution Gaming's price. Additionally, you may evaluate how the addition of Evolution Gaming to your portfolios can decrease your overall portfolio volatility.