Endeavor Non Current Liabilities Total vs Total Assets Analysis

EDR Stock  USD 30.34  0.14  0.46%   
Endeavor Group financial indicator trend analysis is much more than just examining Endeavor Group Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Endeavor Group Holdings is a good investment. Please check the relationship between Endeavor Group Non Current Liabilities Total and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endeavor Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Non Current Liabilities Total vs Total Assets

Non Current Liabilities Total vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Endeavor Group Holdings Non Current Liabilities Total account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Endeavor Group's Non Current Liabilities Total and Total Assets is 0.9. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Assets in the same time period over historical financial statements of Endeavor Group Holdings, assuming nothing else is changed. The correlation between historical values of Endeavor Group's Non Current Liabilities Total and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Endeavor Group Holdings are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Current Liabilities Total i.e., Endeavor Group's Non Current Liabilities Total and Total Assets go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Liabilities Total

Total Assets

Total assets refers to the total amount of Endeavor Group 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 Endeavor Group Holdings 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.
Most indicators from Endeavor Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Endeavor Group Holdings 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endeavor Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
At this time, Endeavor Group's Selling General Administrative is relatively stable compared to the past year. As of 11/28/2024, Tax Provision is likely to grow to about 230.8 M, while Issuance Of Capital Stock is likely to drop 0.00.
 2021 2022 2023 2024 (projected)
Interest Expense268.7M282.3M345.7M363.0M
Depreciation And Amortization282.9M266.8M361.5M379.6M

Endeavor Group fundamental ratios Correlations

0.420.930.840.940.810.760.871.0-0.440.860.110.960.90.870.920.930.130.740.750.920.93-0.290.251.00.98
0.420.570.170.580.560.620.530.39-0.120.52-0.140.420.560.250.570.53-0.170.60.650.410.48-0.520.340.380.3
0.930.570.610.990.940.910.960.9-0.610.950.230.860.980.660.990.990.220.90.830.950.94-0.40.410.920.87
0.840.170.610.650.370.330.510.87-0.040.51-0.120.860.530.990.570.63-0.140.270.450.640.71-0.21-0.030.840.89
0.940.580.990.650.920.890.920.92-0.590.910.210.870.970.70.980.960.140.870.850.940.96-0.40.380.940.88
0.810.560.940.370.920.960.910.77-0.680.910.390.740.980.430.970.90.440.980.820.90.81-0.210.440.80.72
0.760.620.910.330.890.960.880.71-0.690.880.430.690.940.380.930.880.420.980.880.880.78-0.260.360.750.66
0.870.530.960.510.920.910.880.82-0.621.00.20.790.940.570.950.980.250.90.790.860.88-0.410.360.850.79
1.00.390.90.870.920.770.710.82-0.390.810.10.960.870.90.890.890.110.690.720.890.91-0.250.220.990.99
-0.44-0.12-0.61-0.04-0.59-0.68-0.69-0.62-0.39-0.62-0.39-0.24-0.65-0.06-0.62-0.61-0.41-0.69-0.39-0.68-0.50.33-0.29-0.48-0.42
0.860.520.950.510.910.910.881.00.81-0.620.190.790.940.570.950.980.270.90.780.860.86-0.390.340.850.79
0.11-0.140.23-0.120.210.390.430.20.1-0.390.190.110.29-0.170.270.170.80.40.240.340.120.420.10.110.06
0.960.420.860.860.870.740.690.790.96-0.240.790.110.830.890.850.860.130.670.740.840.86-0.160.180.940.93
0.90.560.980.530.970.980.940.940.87-0.650.940.290.830.581.00.960.330.950.840.950.88-0.290.380.90.83
0.870.250.660.990.70.430.380.570.9-0.060.57-0.170.890.580.620.68-0.190.330.510.660.76-0.270.040.870.91
0.920.570.990.570.980.970.930.950.89-0.620.950.270.851.00.620.970.290.930.850.950.91-0.320.370.910.85
0.930.530.990.630.960.90.880.980.89-0.610.980.170.860.960.680.970.20.870.810.920.93-0.450.330.920.87
0.13-0.170.22-0.140.140.440.420.250.11-0.410.270.80.130.33-0.190.290.20.450.160.35-0.030.52-0.070.120.1
0.740.60.90.270.870.980.980.90.69-0.690.90.40.670.950.330.930.870.450.840.850.75-0.230.430.720.64
0.750.650.830.450.850.820.880.790.72-0.390.780.240.740.840.510.850.810.160.840.780.81-0.210.230.730.65
0.920.410.950.640.940.90.880.860.89-0.680.860.340.840.950.660.950.920.350.850.780.87-0.290.250.920.87
0.930.480.940.710.960.810.780.880.91-0.50.860.120.860.880.760.910.93-0.030.750.810.87-0.450.390.930.88
-0.29-0.52-0.4-0.21-0.4-0.21-0.26-0.41-0.250.33-0.390.42-0.16-0.29-0.27-0.32-0.450.52-0.23-0.21-0.29-0.45-0.29-0.29-0.24
0.250.340.41-0.030.380.440.360.360.22-0.290.340.10.180.380.040.370.33-0.070.430.230.250.39-0.290.250.19
1.00.380.920.840.940.80.750.850.99-0.480.850.110.940.90.870.910.920.120.720.730.920.93-0.290.250.99
0.980.30.870.890.880.720.660.790.99-0.420.790.060.930.830.910.850.870.10.640.650.870.88-0.240.190.99
Click cells to compare fundamentals

Endeavor Group Account Relationship Matchups

Endeavor Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.3B9.6B11.4B12.5B21.5B22.6B
Other Current Liab509.1M1.2B1.3B1.7B1.0B608.2M
Total Current Liabilities1.8B2.0B2.7B2.4B2.8B2.9B
Total Stockholder Equity913.3M277.8M1.2B1.9B4.8B5.0B
Current Deferred Revenue629.9M783.1M868.4M974.6M1.1B1.1B
Net Debt4.8B5.4B4.6B4.8B4.2B4.4B
Accounts Payable509.5M554.3M558.9M600.6M587.6M294.2M
Cash705.3M1.0B1.6B767.8M1.2B1.2B
Non Current Assets Total7.3B7.6B7.7B10.0B18.1B19.0B
Non Currrent Assets Other167.8M539.3M224.5M325.6M622.0M778.5M
Cash And Short Term Investments705.3M1.0B1.6B767.8M1.2B1.2B
Common Stock Total Equity1.7B1.0B468.6M5K5.8K5.5K
Liabilities And Stockholders Equity9.3B9.6B11.4B12.5B21.5B22.6B
Non Current Liabilities Total5.7B6.5B6.4B6.8B7.0B7.4B
Other Stockholder Equity927.2M857.7M1.6B2.1B4.9B5.1B
Total Liab7.5B8.5B9.1B9.2B9.8B10.3B
Total Current Assets2.0B2.1B3.8B2.5B3.5B3.6B
Common Stock1.7B1.0B468.6M5K6K5.7K
Short Long Term Debt Total5.5B6.4B6.1B5.6B5.4B3.4B
Property Plant And Equipment Net1.0B1.0B1.0B1.0B1.3B639.3M
Net Receivables779.5M445.8M615.0M917M939.8M986.8M
Property Plant And Equipment Gross1.0B1.0B1.4B1.0B1.8B1.9B
Short Term Debt164.6M271.9M201.5M153.7M135.1M154.0M
Accumulated Other Comprehensive Income(125.4M)(190.8M)(80.5M)(23.7M)(157K)(164.9K)
Good Will3.9B4.2B4.5B5.3B10.2B10.7B
Intangible Assets1.6B1.6B1.6B2.2B5.2B5.5B
Other Liab278.6M288.3M402.5M1.4B1.6B1.7B
Net Tangible Assets(4.6B)(5.5B)(4.9B)(5.6B)(5.0B)(5.3B)
Other Assets170.8M540.7M260.9M1.1B1.3B1.3B
Long Term Debt4.9B5.7B5.6B5.1B5.0B5.6B
Long Term Debt Total4.9B5.7B5.6B5.1B5.8B5.6B
Inventory391.3M416.5M1.4B558.7M905.6M676.9M
Other Current Assets145.7M194.5M1.6B293.2M452.6M455.3M
Net Invested Capital6.0B6.2B7.0B7.0B9.8B7.6B
Long Term Investments580.1M251.1M298.2M337.0M398.0M397.5M
Short Long Term Debt115.4M213.0M82.0M88.3M58.9M108.5M
Non Current Liabilities Other275.4M373.6M766.0M1.4B1.2B737.8M
Cash And Equivalents705.3M1.0B1.6B767.8M883.0M1.0B

Pair Trading with Endeavor Group

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 Endeavor Group 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 Endeavor Group will appreciate offsetting losses from the drop in the long position's value.

Moving together with Endeavor Stock

  0.89SE SeaPairCorr

Moving against Endeavor Stock

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  0.61BATRK Atlanta Braves Holdings,PairCorr
The ability to find closely correlated positions to Endeavor Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Endeavor Group 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 Endeavor Group - 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 Endeavor Group Holdings to buy it.
The correlation of Endeavor Group 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 Endeavor Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Endeavor Group Holdings 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 Endeavor Group 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 Endeavor Stock Analysis

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