Fiverr Other Stockholder Equity vs Total Current Liabilities Analysis

FVRR Stock  USD 32.61  0.22  0.67%   
Fiverr International financial indicator trend analysis is much more than just examining Fiverr International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fiverr International is a good investment. Please check the relationship between Fiverr International Other Stockholder Equity and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fiverr International. 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.
To learn how to invest in Fiverr Stock, please use our How to Invest in Fiverr International guide.

Other Stockholder Equity vs Total Current Liabilities

Other Stockholder Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fiverr International Other Stockholder Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have totally related.
The correlation between Fiverr International's Other Stockholder Equity and Total Current Liabilities is 0.99. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Fiverr International, assuming nothing else is changed. The correlation between historical values of Fiverr International's Other Stockholder Equity and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Fiverr International are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Stockholder Equity i.e., Fiverr International's Other Stockholder Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Stockholder Equity

Total Current Liabilities

Total Current Liabilities is an item on Fiverr International balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Fiverr International 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.
Most indicators from Fiverr International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fiverr International 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 Fiverr International. 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.
To learn how to invest in Fiverr Stock, please use our How to Invest in Fiverr International guide.At this time, Fiverr International's Tax Provision is relatively stable compared to the past year. Issuance Of Capital Stock is expected to grow at the current pace this year, while Selling General Administrative is likely to drop slightly above 38.6 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization6.9M10.2M6.0M5.4M
Interest Income1.9M6.5M23.2M24.3M

Fiverr International fundamental ratios Correlations

0.990.980.990.980.550.910.890.560.93-0.910.840.780.97-0.46-0.940.990.970.850.920.950.890.990.980.990.99
0.990.970.980.950.50.870.890.620.95-0.90.850.760.96-0.43-0.931.00.970.850.950.950.841.00.960.971.0
0.980.971.00.960.540.850.810.590.95-0.950.880.680.96-0.44-0.950.970.930.90.910.950.90.970.990.990.98
0.990.981.00.960.560.870.840.60.96-0.940.890.690.97-0.47-0.960.980.940.890.920.960.890.980.990.990.99
0.980.950.960.960.60.960.90.440.87-0.880.790.810.96-0.48-0.910.950.950.810.850.90.910.950.960.990.96
0.550.50.540.560.60.520.580.420.59-0.450.70.140.67-0.97-0.710.50.40.360.440.490.520.50.540.570.52
0.910.870.850.870.960.520.940.240.73-0.770.660.870.85-0.39-0.780.870.930.660.720.840.860.870.870.920.87
0.890.890.810.840.90.580.940.390.78-0.710.710.820.85-0.5-0.80.880.920.620.790.840.730.880.810.860.88
0.560.620.590.60.440.420.240.390.72-0.590.710.180.64-0.52-0.720.620.430.640.780.520.220.620.570.510.61
0.930.950.950.960.870.590.730.780.72-0.90.950.520.94-0.54-0.950.950.870.860.930.950.80.950.930.910.96
-0.91-0.9-0.95-0.94-0.88-0.45-0.77-0.71-0.59-0.9-0.87-0.59-0.880.340.92-0.9-0.86-0.97-0.86-0.9-0.79-0.9-0.95-0.93-0.91
0.840.850.880.890.790.70.660.710.710.95-0.870.350.86-0.65-0.940.850.760.80.810.90.710.850.880.850.86
0.780.760.680.690.810.140.870.820.180.52-0.590.350.69-0.05-0.560.760.850.550.680.630.660.760.70.750.75
0.970.960.960.970.960.670.850.850.640.94-0.880.860.69-0.61-0.970.960.90.850.930.890.850.960.950.960.97
-0.46-0.43-0.44-0.47-0.48-0.97-0.39-0.5-0.52-0.540.34-0.65-0.05-0.610.66-0.43-0.29-0.29-0.42-0.4-0.36-0.43-0.43-0.46-0.44
-0.94-0.93-0.95-0.96-0.91-0.71-0.78-0.8-0.72-0.950.92-0.94-0.56-0.970.66-0.93-0.84-0.88-0.91-0.89-0.79-0.93-0.95-0.94-0.94
0.991.00.970.980.950.50.870.880.620.95-0.90.850.760.96-0.43-0.930.970.860.960.950.841.00.960.971.0
0.970.970.930.940.950.40.930.920.430.87-0.860.760.850.9-0.29-0.840.970.790.870.950.860.970.930.950.97
0.850.850.90.890.810.360.660.620.640.86-0.970.80.550.85-0.29-0.880.860.790.880.830.710.850.880.860.87
0.920.950.910.920.850.440.720.790.780.93-0.860.810.680.93-0.42-0.910.960.870.880.860.690.950.880.880.95
0.950.950.950.960.90.490.840.840.520.95-0.90.90.630.89-0.4-0.890.950.950.830.860.860.950.940.940.96
0.890.840.90.890.910.520.860.730.220.8-0.790.710.660.85-0.36-0.790.840.860.710.690.860.840.880.910.86
0.991.00.970.980.950.50.870.880.620.95-0.90.850.760.96-0.43-0.931.00.970.850.950.950.840.960.971.0
0.980.960.990.990.960.540.870.810.570.93-0.950.880.70.95-0.43-0.950.960.930.880.880.940.880.960.990.97
0.990.970.990.990.990.570.920.860.510.91-0.930.850.750.96-0.46-0.940.970.950.860.880.940.910.970.990.98
0.991.00.980.990.960.520.870.880.610.96-0.910.860.750.97-0.44-0.941.00.970.870.950.960.861.00.970.98
Click cells to compare fundamentals

Fiverr International Account Relationship Matchups

Fiverr International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets236.4M861.2M931.6M923.8M1.0B653.3M
Short Long Term Debt Total6.1M373.8M401.0M463.7M462.4M269.4M
Other Current Liab74.4M117.8M157.5M171.3M185.9M122.5M
Total Current Liabilities81.9M145.9M189.0M197.1M205.4M143.9M
Total Stockholder Equity148.8M345.4M346.9M265.7M355.8M241.9M
Other Liab3.1M1.9M13.1M1.6M1.8M1.7M
Net Tangible Assets130.4M328.3M220.4M173.7M199.7M169.2M
Property Plant And Equipment Net5.3M21.9M18.3M14.7M11.5M12.9M
Current Deferred Revenue3.2M6.0M12.1M11.4M11.0M9.6M
Net Debt(18.1M)105.8M329.8M377.0M278.7M156.6M
Retained Earnings(157.8M)(172.6M)(237.6M)(288.0M)(284.4M)(298.6M)
Accounts Payable3.7M3.6M8.7M8.6M5.5M5.7M
Cash24.2M268.0M71.2M86.8M183.7M112.8M
Non Current Assets Total49.2M270.1M463.4M298.6M429.1M241.3M
Non Currrent Assets Other3.7M3.0M(56.6M)2.0M1.3M1.4M
Other Assets3.7M3.0M1.1M2.0M1.8M2.3M
Long Term Debt2.5M354.2M385.2M454.3M455.3M260.5M
Cash And Short Term Investments127.7M487.4M323.3M462.0M417.4M303.5M
Net Receivables3.1M5.4M14.3M19.0M24.2M25.4M
Common Stock Shares Outstanding20.5M32.3M36.0M36.9M39.2M34.0M
Short Term Investments103.6M219.4M252.2M375.3M233.7M190.8M
Liabilities And Stockholders Equity236.4M861.2M931.6M923.8M1.0B653.3M
Non Current Liabilities Total5.6M369.9M395.7M461.0M462.4M267.4M
Other Current Assets55.9M98.3M130.6M144.2M152.9M97.7M
Other Stockholder Equity306.6M517.4M585.5M565.8M640.8M456.5M
Total Liab87.6M515.8M584.7M658.1M667.8M411.3M
Net Invested Capital151.8M700.1M734.3M720.1M811.1M503.1M
Property Plant And Equipment Gross5.3M21.9M18.3M14.7M20.7M14.3M
Short Long Term Debt445K503K560K2.3M2.6M2.7M
Total Current Assets187.1M591.2M468.2M625.2M594.5M412.0M
Accumulated Other Comprehensive Income238K532K(1.1M)(12.1M)(714K)(749.7K)
Net Working Capital105.2M445.3M279.2M428.1M389.1M268.0M
Short Term Debt503K7.2M8.4M5.5M2.6M3.9M
Intangible Assets7.2M5.9M49.2M14.8M10.7M14.7M
Common Stock306.3M517.4M585.5M565.8M640.8M456.5M
Property Plant Equipment5.3M21.9M18.3M14.7M16.9M12.9M
Inventory324K346K3.0M1.1M1.3M1.1M

Pair Trading with Fiverr International

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 Fiverr International 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 Fiverr International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Fiverr Stock

  0.81G Genpact LimitedPairCorr
  0.65BR Broadridge FinancialPairCorr

Moving against Fiverr Stock

  0.84MG Mistras GroupPairCorr
  0.67VCIG VCI Global Limited TrendingPairCorr
  0.65VLTO VeraltoPairCorr
  0.61FC Franklin CoveyPairCorr
  0.37FA First Advantage CorpPairCorr
The ability to find closely correlated positions to Fiverr International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fiverr International 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 Fiverr International - 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 Fiverr International to buy it.
The correlation of Fiverr International 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 Fiverr International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fiverr International 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 Fiverr International 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 Fiverr Stock Analysis

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