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.
 
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Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.

Gamehost Inventory

449,374

  
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.

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

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.

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.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 Total61.9M66.3M57.8M35.7M
Total Assets188.4M183.4M179.4M137.4M

Gamehost balance sheet Correlations

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0.220.260.20.180.260.21-0.110.170.170.2-0.370.170.770.130.190.140.27-0.10.210.350.330.280.12-0.240.13
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0.510.90.210.680.220.62-0.260.620.370.52-0.190.370.470.20.840.350.180.40.830.80.430.770.50.220.5
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0.610.560.770.480.570.650.47-0.390.50.430.6-0.330.430.480.50.560.55-0.170.540.670.640.530.58-0.150.53
0.930.450.130.630.980.870.2-0.960.440.850.93-0.090.850.480.460.870.47-0.080.570.280.880.540.91-0.640.91
0.730.960.190.680.450.80.84-0.510.680.610.73-0.170.610.50.460.560.060.530.950.570.650.730.64-0.130.59
0.910.580.140.660.930.880.35-0.790.430.830.91-0.020.830.560.870.560.44-0.050.650.510.890.610.92-0.320.86
0.420.110.270.10.580.390.18-0.410.00.180.43-0.130.180.550.470.060.44-0.420.080.450.340.130.56-0.120.56
0.120.44-0.10.25-0.150.150.4-0.090.320.220.120.410.22-0.17-0.080.53-0.05-0.420.45-0.080.110.270.04-0.160.05
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0.510.660.350.560.380.570.8-0.20.510.370.5-0.230.370.670.280.570.510.45-0.080.60.50.610.580.390.58
0.940.660.330.780.870.910.43-0.830.630.970.93-0.050.970.640.880.650.890.340.110.770.50.710.9-0.470.88
0.740.880.280.970.50.810.77-0.550.750.670.74-0.180.670.530.540.730.610.130.270.90.610.710.65-0.160.64
0.960.640.120.70.940.930.5-0.860.560.850.96-0.010.850.580.910.640.920.560.040.720.580.90.65-0.380.98
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0.940.60.130.70.910.90.5-0.880.530.850.94-0.010.850.530.910.590.860.560.050.690.580.880.640.98-0.4
Click cells to compare fundamentals

Gamehost Account Relationship Matchups

Gamehost balance sheet Accounts

201920202021202220232024 (projected)
Total Assets176.2M175M188.4M183.4M179.4M137.4M
Short Long Term Debt Total45.6M51.6M61.9M66.3M57.8M35.7M
Other Current Liab3.6M100K28.2M2.0M1.4M1.4M
Total Current Liabilities28M20.6M31.3M33.3M26.8M22.9M
Total Stockholder Equity109.9M106.1M108M103.9M108.8M83.1M
Property Plant And Equipment Net77.1M81.8M87.3M85.3M81.7M59.1M
Net Debt30.2M41.3M46.3M50.7M43.8M46.0M
Non Current Assets Total156.8M160.7M165.7M163.4M159.7M121.7M
Non Currrent Assets Other(1.1M)(2.5M)(3M)(2.8M)1.2M1.2M
Common Stock Shares Outstanding24.3M23.8M23M22.5M21.8M19.3M
Liabilities And Stockholders Equity176.2M175M188.4M183.4M179.4M137.4M
Non Current Liabilities Total30.3M41.6M42.6M46.2M43.8M24.7M
Other Current Assets900K1.7M1.4M600K1.5M1.5M
Total Liab58.3M62.2M73.9M79.5M70.6M46.1M
Property Plant And Equipment Gross77.1M81.8M151.7M154.6M155.2M163.0M
Total Current Assets19.4M14.3M22.7M20M19.7M15.7M
Short Term Debt22.4M18.1M27.4M28.0M21.4M17.1M
Common Stock164.3M159.4M154.6M151.3M143.5M127.3M
Net Tangible Assets33M29.2M31.1M27M24.3M27.2M
Long Term Debt19.2M23.4M22.3M27.2M25.5M21.8M
Short Long Term Debt21.5M17.4M26.7M26.8M20.7M21.5M
Property Plant Equipment77M81.8M87.3M85.3M98.1M83.9M
Long Term Debt Total23.2M33.5M34.5M38.8M44.6M27.5M
Net Invested Capital150.6M146.9M157M157.9M155.0M166.8M
Net Working Capital(11.4M)(8.6M)(6.3M)(13.3M)(7.2M)(7.6M)
Capital Stock164.3M159.4M154.6M151.3M143.5M125.0M

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

  0.51SCD Scandium CanadaPairCorr
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.
Pair CorrelationCorrelation Matching

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.