Gogo Historical Balance Sheet

GOGO Stock  USD 7.56  0.15  2.02%   
Trend analysis of Gogo Inc balance sheet accounts such as Other Current Liabilities of 33.4 M or Total Current Liabilities of 68.4 M provides information on Gogo's total assets, liabilities, and equity, which is the actual value of Gogo Inc to its prevalent stockholders. By breaking down trends over time using Gogo 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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Financial Statement Analysis is much more than just reviewing and examining Gogo Inc 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 Gogo Inc is a good buy for the upcoming year.

Gogo Inventory

49.23 Million

  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gogo Inc. 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.

About Gogo Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Gogo Inc at a specified time, usually calculated after every quarter, six months, or one year. Gogo Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gogo 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 Gogo currently owns. An asset can also be divided into two categories, current and non-current.

Gogo Balance Sheet Chart

At this time, Gogo's Cash And Short Term Investments are very stable compared to the past year. As of the 4th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 856.7 M, while Short and Long Term Debt Total is likely to drop about 646.4 M.

Total Assets

Total assets refers to the total amount of Gogo 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 Gogo Inc 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 Gogo balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Gogo Inc 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.

Accumulated Other Comprehensive Income

Gains and losses not included in net income that are recorded in shareholders' equity, reflecting changes in the value of assets or liabilities that are not realized.
Most accounts from Gogo's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Gogo Inc 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 Gogo Inc. 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.
At this time, Gogo's Cash And Short Term Investments are very stable compared to the past year. As of the 4th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 856.7 M, while Short and Long Term Debt Total is likely to drop about 646.4 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total881.7M776.7M678.1M646.4M
Total Assets647.7M759.5M781.5M856.7M

Gogo balance sheet Correlations

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0.620.80.69-0.560.450.580.69-0.580.20.620.380.550.740.550.14-0.270.670.40.090.420.790.40.80.60.42
-0.04-0.53-0.19-0.560.06-0.04-0.550.50.49-0.10.06-0.16-0.06-0.170.0-0.12-0.57-0.28-0.06-0.08-0.590.11-0.16-0.60.22
0.890.450.90.450.060.940.47-0.140.590.080.930.860.480.810.03-0.40.70.530.30.240.680.980.71-0.40.86
0.860.450.970.58-0.040.940.46-0.090.620.120.850.90.510.790.3-0.460.670.560.230.210.680.920.73-0.30.92
0.730.970.610.69-0.550.470.46-0.88-0.060.190.630.530.410.75-0.170.290.890.680.710.690.90.450.720.310.15
-0.49-0.92-0.26-0.580.5-0.14-0.09-0.880.22-0.4-0.35-0.2-0.36-0.530.38-0.46-0.66-0.49-0.66-0.8-0.7-0.13-0.57-0.540.18
0.49-0.020.480.20.490.590.62-0.060.220.130.50.380.420.320.27-0.350.060.05-0.020.180.090.570.4-0.350.78
0.260.430.160.62-0.10.080.120.19-0.40.130.010.080.680.15-0.08-0.290.13-0.03-0.170.430.270.070.520.640.14
0.940.580.840.380.060.930.850.63-0.350.50.010.80.390.89-0.02-0.070.760.630.610.490.710.930.71-0.410.71
0.770.510.90.55-0.160.860.90.53-0.20.380.080.80.280.790.21-0.440.680.730.340.20.680.840.61-0.230.77
0.650.550.560.74-0.060.480.510.41-0.360.420.680.390.280.41-0.02-0.350.440.05-0.030.430.550.460.860.370.51
0.920.730.860.55-0.170.810.790.75-0.530.320.150.890.790.41-0.020.010.850.820.620.550.830.830.8-0.170.58
-0.03-0.170.250.140.00.030.3-0.170.380.27-0.08-0.020.21-0.02-0.02-0.21-0.13-0.04-0.12-0.15-0.130.05-0.04-0.10.38
-0.150.19-0.38-0.27-0.12-0.4-0.460.29-0.46-0.35-0.29-0.07-0.44-0.350.01-0.210.040.050.550.39-0.04-0.35-0.210.07-0.62
0.820.850.780.67-0.570.70.670.89-0.660.060.130.760.680.440.85-0.130.040.710.550.510.980.680.750.080.4
0.640.610.650.4-0.280.530.560.68-0.490.05-0.030.630.730.050.82-0.040.050.710.670.410.670.550.54-0.140.35
0.540.610.320.09-0.060.30.230.71-0.66-0.02-0.170.610.34-0.030.62-0.120.550.550.670.760.470.340.37-0.190.03
0.590.750.290.42-0.080.240.210.69-0.80.180.430.490.20.430.55-0.150.390.510.410.760.520.270.610.240.09
0.820.890.790.79-0.590.680.680.9-0.70.090.270.710.680.550.83-0.13-0.040.980.670.470.520.650.820.220.41
0.890.430.870.40.110.980.920.45-0.130.570.070.930.840.460.830.05-0.350.680.550.340.270.650.7-0.430.85
0.910.790.810.8-0.160.710.730.72-0.570.40.520.710.610.860.8-0.04-0.210.750.540.370.610.820.70.190.61
-0.150.45-0.160.6-0.6-0.4-0.30.31-0.54-0.350.64-0.41-0.230.37-0.17-0.10.070.08-0.14-0.190.240.22-0.430.19-0.39
0.720.180.830.420.220.860.920.150.180.780.140.710.770.510.580.38-0.620.40.350.030.090.410.850.61-0.39
Click cells to compare fundamentals

Gogo Account Relationship Matchups

Gogo balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.2B673.6M647.7M759.5M781.5M856.7M
Short Long Term Debt Total1.2B1.2B881.7M776.7M678.1M646.4M
Other Current Liab188.5M72.9M50.4M48.7M35.2M33.4M
Total Current Liabilities252.6M438.1M188.5M84.4M72.0M68.4M
Total Stockholder Equity(398.9M)(641.1M)(320.2M)(101.9M)40.7M42.8M
Property Plant And Equipment Net623.7M97.2M134.7M179.9M168.7M334.7M
Current Deferred Revenue34.8M3.1M1.8M3.4M1.0M952.9K
Net Debt1.0B771.6M735.8M626.1M539.1M453.8M
Retained Earnings(1.4B)(1.6B)(1.5B)(1.4B)(1.2B)(1.3B)
Accounts Payable17.2M11.0M17.2M13.6M16.1M16.2M
Cash170.0M435.3M145.9M150.6M139.0M192.5M
Non Current Assets Total789.9M161.4M397.8M435.4M466.9M485.9M
Non Currrent Assets Other89.7M11.5M3.5M4.1M5.7M5.4M
Cash And Short Term Investments170.0M435.3M145.9M175.3M139.0M237.7M
Net Receivables101.4M42.3M37.7M60.7M73.4M62.4M
Common Stock Shares Outstanding80.8M82.3M127.2M133.9M133.3M98.9M
Liabilities And Stockholders Equity1.2B673.6M647.7M759.5M781.5M856.7M
Non Current Liabilities Total1.4B876.6M779.3M777.0M668.8M823.2M
Inventory117.1M28.1M34.0M49.5M63.2M49.2M
Other Current Assets36.3M6.5M32.3M38.6M38.9M21.5M
Other Stockholder Equity979.5M989.7M1.1B1.2B1.2B830.1M
Total Liab1.6B1.3B967.8M861.4M740.8M1.0B
Property Plant And Equipment Gross623.7M97.2M63.7M179.9M290.0M338.4M
Total Current Assets424.8M512.2M249.9M324.1M314.6M370.8M
Accumulated Other Comprehensive Income(2.3M)(1.0M)1.8M30.1M15.8M16.6M
Short Term Debt12.2M349.1M117.1M16.3M17.5M16.7M
Intangible Assets75.9M52.1M48.9M48.9M55.0M52.9M
Other Liab180.9M10.6M7.2M7.6M6.8M6.5M
Other Assets89.7M11.5M213.6M180.4M207.5M217.9M
Long Term Debt1.1B828.0M694.8M690.2M587.5M672.0M
Short Term Investments39.3M170.0M925K24.8M23.2M22.1M
Property Plant Equipment560.3M63.5M63.7M179.9M161.9M264.5M
Net Tangible Assets(475.4M)(693.8M)(320.2M)(151.4M)(136.2M)(143.1M)
Retained Earnings Total Equity(1.2B)(1.4B)(1.6B)(1.5B)(1.3B)(1.4B)
Long Term Debt Total1.0B1.1B828.0M694.8M799.0M798.2M
Capital Surpluse963.5M979.5M1.1B1.3B1.4B1.1B
Deferred Long Term Liab129.1M135.4M1.9M1.4M1.3M1.2M
Non Current Liabilities Other124.3M48.6M84.6M7.6M8.3M7.9M

Pair Trading with Gogo

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

Moving against Gogo Stock

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The ability to find closely correlated positions to Gogo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gogo 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 Gogo - 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 Gogo Inc to buy it.
The correlation of Gogo 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 Gogo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gogo Inc 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 Gogo 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
When determining whether Gogo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gogo'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 Gogo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gogo Inc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gogo Inc. 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 Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Wireless Telecommunication Services 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 Gogo. If investors know Gogo 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 Gogo 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
(0.50)
Earnings Share
0.43
Revenue Per Share
3.139
Quarterly Revenue Growth
0.026
Return On Assets
0.0847
The market value of Gogo Inc is measured differently than its book value, which is the value of Gogo that is recorded on the company's balance sheet. Investors also form their own opinion of Gogo's value that differs from its market value or its book value, called intrinsic value, which is Gogo'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 Gogo's market value can be influenced by many factors that don't directly affect Gogo'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 Gogo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gogo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gogo'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.