Gamehost Historical Balance Sheet
GH Stock | CAD 10.77 0.05 0.46% |
Trend analysis of Gamehost balance sheet accounts such as Other Current Liabilities of 1.4 M or Total Current Liabilities of 22.9 M provides information on Gamehost's total assets, liabilities, and equity, which is the actual value of Gamehost to its prevalent stockholders. By breaking down trends over time using Gamehost 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.
Financial Statement Analysis is much more than just reviewing and examining Gamehost 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 Gamehost is a good buy for the upcoming year.
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About Gamehost Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Gamehost at a specified time, usually calculated after every quarter, six months, or one year. Gamehost Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gamehost 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 Gamehost currently owns. An asset can also be divided into two categories, current and non-current.
Gamehost Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Gamehost 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 Gamehost 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.Total Current Liabilities
Total Current Liabilities is an item on Gamehost balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Gamehost 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.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Capital Lease Obligations
Gamehost capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Gamehost asset purchases. For example, Gamehost can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Gamehost control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Most accounts from Gamehost's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Gamehost 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gamehost. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, Gamehost's Other Liabilities is very stable compared to the past year. As of the 29th of November 2024, Net Tangible Assets is likely to grow to about 27.2 M, while Total Assets are likely to drop about 137.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 61.9M | 66.3M | 57.8M | 35.7M | Total Assets | 188.4M | 183.4M | 179.4M | 137.4M |
Gamehost balance sheet Correlations
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Gamehost Account Relationship Matchups
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Gamehost balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 176.2M | 175M | 188.4M | 183.4M | 179.4M | 137.4M | |
Short Long Term Debt Total | 45.6M | 51.6M | 61.9M | 66.3M | 57.8M | 35.7M | |
Other Current Liab | 3.6M | 100K | 28.2M | 2.0M | 1.4M | 1.4M | |
Total Current Liabilities | 28M | 20.6M | 31.3M | 33.3M | 26.8M | 22.9M | |
Total Stockholder Equity | 109.9M | 106.1M | 108M | 103.9M | 108.8M | 83.1M | |
Property Plant And Equipment Net | 77.1M | 81.8M | 87.3M | 85.3M | 81.7M | 59.1M | |
Net Debt | 30.2M | 41.3M | 46.3M | 50.7M | 43.8M | 46.0M | |
Non Current Assets Total | 156.8M | 160.7M | 165.7M | 163.4M | 159.7M | 121.7M | |
Non Currrent Assets Other | (1.1M) | (2.5M) | (3M) | (2.8M) | 1.2M | 1.2M | |
Common Stock Shares Outstanding | 24.3M | 23.8M | 23M | 22.5M | 21.8M | 19.3M | |
Liabilities And Stockholders Equity | 176.2M | 175M | 188.4M | 183.4M | 179.4M | 137.4M | |
Non Current Liabilities Total | 30.3M | 41.6M | 42.6M | 46.2M | 43.8M | 24.7M | |
Other Current Assets | 900K | 1.7M | 1.4M | 600K | 1.5M | 1.5M | |
Total Liab | 58.3M | 62.2M | 73.9M | 79.5M | 70.6M | 46.1M | |
Property Plant And Equipment Gross | 77.1M | 81.8M | 151.7M | 154.6M | 155.2M | 163.0M | |
Total Current Assets | 19.4M | 14.3M | 22.7M | 20M | 19.7M | 15.7M | |
Short Term Debt | 22.4M | 18.1M | 27.4M | 28.0M | 21.4M | 17.1M | |
Common Stock | 164.3M | 159.4M | 154.6M | 151.3M | 143.5M | 127.3M | |
Net Tangible Assets | 33M | 29.2M | 31.1M | 27M | 24.3M | 27.2M | |
Long Term Debt | 19.2M | 23.4M | 22.3M | 27.2M | 25.5M | 21.8M | |
Short Long Term Debt | 21.5M | 17.4M | 26.7M | 26.8M | 20.7M | 21.5M | |
Property Plant Equipment | 77M | 81.8M | 87.3M | 85.3M | 98.1M | 83.9M | |
Long Term Debt Total | 23.2M | 33.5M | 34.5M | 38.8M | 44.6M | 27.5M | |
Net Invested Capital | 150.6M | 146.9M | 157M | 157.9M | 155.0M | 166.8M | |
Net Working Capital | (11.4M) | (8.6M) | (6.3M) | (13.3M) | (7.2M) | (7.6M) | |
Capital Stock | 164.3M | 159.4M | 154.6M | 151.3M | 143.5M | 125.0M |
Pair Trading with Gamehost
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 Gamehost 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 Gamehost will appreciate offsetting losses from the drop in the long position's value.Moving against Gamehost Stock
The ability to find closely correlated positions to Gamehost could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gamehost 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 Gamehost - 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 Gamehost to buy it.
The correlation of Gamehost 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 Gamehost moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gamehost 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 Gamehost 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.Other Information on Investing in Gamehost Stock
Balance Sheet is a snapshot of the financial position of Gamehost at a specified time, usually calculated after every quarter, six months, or one year. Gamehost Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gamehost 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 Gamehost currently owns. An asset can also be divided into two categories, current and non-current.