Golden Free Cash Flow vs Stock Based Compensation Analysis
| GMGI Stock | USD 2.05 0.08 3.76% |
Golden Matrix financial indicator trend analysis is much more than just examining Golden Matrix Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Golden Matrix Group is a good investment. Please check the relationship between Golden Matrix Free Cash Flow and its Stock Based Compensation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Matrix 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 price.
Free Cash Flow vs Stock Based Compensation
Free Cash Flow vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Golden Matrix Group Free Cash Flow account and Stock Based Compensation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Golden Matrix's Free Cash Flow and Stock Based Compensation is 0.6. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Golden Matrix Group, assuming nothing else is changed. The correlation between historical values of Golden Matrix's Free Cash Flow and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Golden Matrix Group are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Free Cash Flow i.e., Golden Matrix's Free Cash Flow and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | 0.6 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Most indicators from Golden Matrix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Golden Matrix 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 Golden Matrix 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 price. As of now, Golden Matrix's Enterprise Value is increasing as compared to previous years.
| 2023 | 2024 (projected) | Tax Provision | 615.0K | 546.6K | Interest Income | 65.6K | 34.0K |
Golden Matrix fundamental ratios Correlations
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Golden Matrix Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Golden Matrix fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 13.8M | 20.5M | 32.6M | 35.6M | 40.9M | 43.0M | |
| Total Stockholder Equity | 13.3M | 18.9M | 26.8M | 31.1M | 35.8M | 37.6M | |
| Net Debt | (11.7M) | (16.5M) | (14.8M) | (17.0M) | (15.3M) | (14.6M) | |
| Cash | 11.7M | 16.8M | 14.9M | 17.1M | 19.7M | 20.6M | |
| Cash And Short Term Investments | 11.7M | 16.8M | 14.9M | 17.1M | 19.7M | 20.6M | |
| Common Stock Shares Outstanding | 31.6M | 27.2M | 28.0M | 35.4M | 40.7M | 42.8M | |
| Liabilities And Stockholders Equity | 13.8M | 20.5M | 32.6M | 35.6M | 40.9M | 43.0M | |
| Total Liab | 552.6K | 1.5M | 2.8M | 4.5M | 5.2M | 5.4M | |
| Short Long Term Debt Total | 99.0 | 282.2K | 154.9K | 59.1K | 53.2K | 50.5K | |
| Short Term Debt | 99.0 | 100.2K | 95.1K | 59.1K | 53.2K | 50.5K | |
| Accumulated Other Comprehensive Income | (978.0) | (1.7K) | (205.7K) | (73.2K) | (65.8K) | (62.6K) | |
| Current Deferred Revenue | 149.6K | 68.6K | 291.8K | 456.7K | 525.2K | 359.6K | |
| Net Invested Capital | 2.4M | 13.3M | 18.9M | 31.1M | 35.8M | 37.6M | |
| Net Working Capital | 1.2M | 13.3M | 18.7M | 18.4M | 21.1M | 22.2M | |
| Capital Stock | 28.5K | 227.0 | 272.0 | 362.0 | 325.8 | 309.51 |
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When determining whether Golden Matrix Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Matrix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Golden Matrix Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Matrix Group Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Matrix 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 price. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Matrix. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Matrix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (1.00) | Earnings Share (0.02) | Revenue Per Share 2.391 | Quarterly Revenue Growth 0.748 | Return On Assets 0.0014 |
The market value of Golden Matrix Group is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Matrix's value that differs from its market value or its book value, called intrinsic value, which is Golden Matrix's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Matrix's market value can be influenced by many factors that don't directly affect Golden Matrix's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Matrix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Matrix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Matrix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.