| GAW Stock | | | 14,130 260.00 1.87% |
Games Workshop financial indicator trend analysis is much more than just examining Games Workshop Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Games Workshop Group is a good investment. Please check the relationship between Games Workshop Cash and its Cash And Short Term Investments accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Games Workshop Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Cash vs Cash And Short Term Investments
Cash vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Games Workshop Group Cash account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Games Workshop's Cash and Cash And Short Term Investments is -0.28. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Games Workshop Group, assuming nothing else is changed. The correlation between historical values of Games Workshop's Cash and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Games Workshop Group are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Cash i.e., Games Workshop's Cash and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.28 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Games Workshop Group, which is listed under current asset account on Games Workshop Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Games Workshop customers. The amounts must be unrestricted with restricted cash listed in a different Games Workshop account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Games Workshop Group balance sheet. This account contains Games Workshop investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Games Workshop Group fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Games Workshop's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Games Workshop Group 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 Games Workshop Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At present, Games Workshop's
Tax Provision is projected to increase significantly based on the last few years of reporting.
Games Workshop fundamental ratios Correlations
Click cells to compare fundamentals
Games Workshop Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Games Workshop fundamental ratios Accounts
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Other Information on Investing in Games Stock
Balance Sheet is a snapshot of the
financial position of Games Workshop Group at a specified time, usually calculated after every quarter, six months, or one year. Games Workshop Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Games Workshop 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 Games currently owns. An asset can also be divided into two categories, current and non-current.