Corsair Historical Balance Sheet

CRSR Stock  USD 7.96  0.09  1.12%   
Trend analysis of Corsair Gaming balance sheet accounts such as Total Current Liabilities of 347.2 M, Other Liabilities of 30.9 M or Net Tangible Assets of 72.3 M provides information on Corsair Gaming's total assets, liabilities, and equity, which is the actual value of Corsair Gaming to its prevalent stockholders. By breaking down trends over time using Corsair Gaming balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Corsair Gaming latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Corsair Gaming is a good buy for the upcoming year.

Corsair Gaming Inventory

201.31 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corsair Gaming. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Corsair Stock, please use our How to Invest in Corsair Gaming guide.

About Corsair Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Corsair Gaming at a specified time, usually calculated after every quarter, six months, or one year. Corsair Gaming Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Corsair Gaming and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Corsair currently owns. An asset can also be divided into two categories, current and non-current.

Corsair Gaming Balance Sheet Chart

At this time, Corsair Gaming's Non Current Assets Total are relatively stable compared to the past year. As of 12/11/2024, Long Term Debt is likely to grow to about 250.7 M, while Total Current Liabilities is likely to drop slightly above 347.2 M.

Total Current Liabilities

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

Accounts Payable

An accounting item on the balance sheet that represents Corsair Gaming obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Corsair Gaming are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most accounts from Corsair Gaming's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Corsair Gaming current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corsair Gaming. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Corsair Stock, please use our How to Invest in Corsair Gaming guide.At this time, Corsair Gaming's Non Current Assets Total are relatively stable compared to the past year. As of 12/11/2024, Long Term Debt is likely to grow to about 250.7 M, while Total Current Liabilities is likely to drop slightly above 347.2 M.
 2021 2022 2023 2024 (projected)
Total Current Liabilities446.7M343.0M418.5M347.2M
Other Current Liabilities190.1M141.8M134.9M112.6M

Corsair Gaming balance sheet Correlations

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Click cells to compare fundamentals

Corsair Gaming Account Relationship Matchups

Corsair Gaming balance sheet Accounts

201920202021202220232024 (projected)
Other Current Liab111.3M174.2M190.1M141.8M134.9M112.6M
Total Current Liabilities299.9M505.4M446.7M343.0M418.5M347.2M
Other Liab39.6M32.4M25.7M21.2M24.4M30.9M
Net Tangible Assets(387.0M)(134.7M)25.4M59.8M68.8M72.3M
Retained Earnings(106.0M)(2.8M)98.1M37.2M40.4M42.4M
Accounts Payable182.0M299.6M236.1M172.0M240.0M208.1M
Other Assets10.8M34.6M72.0M30.3M1.00.95
Net Receivables202.3M293.6M291.3M235.7M253.3M220.0M
Inventory151.1M226.0M298.3M192.7M240.2M201.3M
Other Current Assets24.7M41.8M53.8M83.8M42.5M36.8M
Other Stockholder Equity325.0M438.7M470.4M593.5M630.6M373.8M
Total Current Assets429.8M691.0M705.8M622.8M711.6M545.3M
Property Plant Equipment15.4M16.5M16.8M80.1M92.1M96.7M
Total Assets1.1B1.3B1.3B1.3B1.4B1.3B
Short Long Term Debt Total505.8M339.0M308.3M295.2M246.5M282.3M
Total Stockholder Equity216.8M437.4M568.2M623.8M667.6M490.7M
Property Plant And Equipment Net15.4M16.5M16.8M34.9M68.5M72.0M
Current Deferred Revenue4.2M(9.1M)6.7M6.3M7.4M7.8M
Net Debt457.6M205.6M243.1M141.3M70.9M67.3M
Cash48.2M133.3M65.1M153.8M175.6M110.3M
Non Current Assets Total629.9M623.1M631.6M674.5M645.9M678.3M
Non Currrent Assets Other10.8M29.6M72.0M51.7M6.9M6.5M
Long Term Debt503.4M321.4M242.9M232.2M186.0M250.7M
Cash And Short Term Investments48.2M133.3M65.1M153.8M175.6M110.3M
Good Will312.8M312.8M317.1M347.7M354.7M343.1M
Liabilities And Stockholders Equity1.1B1.3B1.3B1.3B1.4B1.3B
Non Current Liabilities Total543.0M371.3M322.5M298.8M245.0M294.6M
Total Liab842.9M876.7M769.2M641.8M663.5M592.3M
Net Invested Capital722.6M758.8M815.8M862.5M865.8M845.3M
Property Plant And Equipment Gross15.4M16.5M16.8M112.6M104.2M109.4M
Accumulated Other Comprehensive Income(2.2M)1.5M(340K)(6.9M)(3.5M)(3.7M)
Non Current Liabilities Other5.7M20.2M53.9M48.6M3.0M2.9M
Net Working Capital129.9M185.6M259.0M279.8M293.1M228.2M
Short Term Debt2.4M9.1M14.2M17.5M21.9M17.2M

Pair Trading with Corsair Gaming

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 Corsair Gaming 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 Corsair Gaming will appreciate offsetting losses from the drop in the long position's value.

Moving together with Corsair Stock

  0.81EXTR Extreme NetworksPairCorr
  0.78HPE Hewlett Packard Ente Downward RallyPairCorr

Moving against Corsair Stock

  0.52JNPR Juniper NetworksPairCorr
  0.48DM Desktop MetalPairCorr
The ability to find closely correlated positions to Corsair Gaming could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corsair Gaming 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 Corsair Gaming - 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 Corsair Gaming to buy it.
The correlation of Corsair Gaming 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 Corsair Gaming moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Corsair Gaming 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 Corsair Gaming 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 CorrelationCorrelation Matching

Additional Tools for Corsair Stock Analysis

When running Corsair Gaming's price analysis, check to measure Corsair 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 Corsair Gaming is operating at the current time. Most of Corsair Gaming's value examination focuses on studying past and present price action to predict the probability of Corsair 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 Corsair Gaming's price. Additionally, you may evaluate how the addition of Corsair Gaming to your portfolios can decrease your overall portfolio volatility.