Good Long Term Investments vs Good Will Analysis

GTIM Stock  USD 2.72  0.01  0.37%   
Good Times financial indicator trend analysis is much more than just examining Good Times Restaurants latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Good Times Restaurants is a good investment. Please check the relationship between Good Times Long Term Investments and its Good Will accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Good Times Restaurants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Long Term Investments vs Good Will

Long Term Investments vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Good Times Restaurants Long Term Investments account and Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Good Times' Long Term Investments and Good Will is -0.01. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Good Will in the same time period over historical financial statements of Good Times Restaurants, assuming nothing else is changed. The correlation between historical values of Good Times' Long Term Investments and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Good Times Restaurants are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Long Term Investments i.e., Good Times' Long Term Investments and Good Will go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Investments

Long Term Investments is an item on the asset side of Good Times balance sheet that represents investments Good Times Restaurants intends to hold for over a year. Good Times Restaurants long term investments may include different instruments such as stocks, bonds, real estate and cash.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Good Times' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Good Times Restaurants 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 Good Times Restaurants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Good Times' Selling General Administrative is very stable compared to the past year. As of the 4th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.11, though Tax Provision is likely to grow to (9.2 M).
 2021 2022 2023 2024 (projected)
Gross Profit16.7M14.9M17.1M18.0M
Total Revenue138.2M138.1M158.8M166.8M

Good Times fundamental ratios Correlations

0.890.730.970.670.97-0.50.560.251.00.290.250.880.920.380.920.380.80.870.96-0.30.810.240.84-0.070.42
0.890.590.940.280.96-0.480.230.240.890.320.240.610.990.020.910.310.510.990.83-0.060.950.150.79-0.370.55
0.730.590.70.510.7-0.680.640.070.730.180.070.780.670.430.690.220.720.570.77-0.330.60.290.480.460.26
0.970.940.70.540.97-0.510.510.230.970.30.230.790.960.260.940.350.70.920.92-0.280.910.270.8-0.160.4
0.670.280.510.540.51-0.230.760.20.660.140.210.880.340.740.450.340.850.230.69-0.520.190.190.540.34-0.01
0.970.960.70.970.51-0.50.420.190.980.280.190.780.980.230.950.320.690.950.94-0.160.860.240.85-0.170.51
-0.5-0.48-0.68-0.51-0.23-0.5-0.37-0.52-0.460.0-0.52-0.59-0.52-0.57-0.54-0.66-0.53-0.4-0.390.43-0.53-0.21-0.07-0.29-0.47
0.560.230.640.510.760.42-0.370.010.56-0.010.010.750.310.660.460.170.720.20.57-0.640.260.340.250.63-0.05
0.250.240.070.230.20.19-0.520.010.160.091.00.310.210.40.160.920.30.090.06-0.40.29-0.43-0.02-0.230.38
1.00.890.730.970.660.98-0.460.560.160.30.160.870.920.330.920.290.780.880.98-0.260.810.260.86-0.070.39
0.290.320.180.30.140.280.0-0.010.090.30.10.230.29-0.130.08-0.040.230.30.250.280.39-0.210.28-0.260.16
0.250.240.070.230.210.19-0.520.011.00.160.10.310.210.40.160.920.30.090.06-0.40.29-0.43-0.01-0.240.38
0.880.610.780.790.880.78-0.590.750.310.870.230.310.670.710.730.470.920.560.86-0.520.540.260.630.290.26
0.920.990.670.960.340.98-0.520.310.210.920.290.210.670.10.940.310.580.980.87-0.10.930.20.79-0.260.55
0.380.020.430.260.740.23-0.570.660.40.33-0.130.40.710.10.260.60.75-0.050.33-0.64-0.010.260.050.570.07
0.920.910.690.940.450.95-0.540.460.160.920.080.160.730.940.260.360.640.910.89-0.190.830.40.75-0.070.48
0.380.310.220.350.340.32-0.660.170.920.29-0.040.920.470.310.60.360.470.170.22-0.440.32-0.090.08-0.070.41
0.80.510.720.70.850.69-0.530.720.30.780.230.30.920.580.750.640.470.460.76-0.390.470.20.520.340.25
0.870.990.570.920.230.95-0.40.20.090.880.30.090.560.98-0.050.910.170.460.830.020.920.210.81-0.360.51
0.960.830.770.920.690.94-0.390.570.060.980.250.060.860.870.330.890.220.760.83-0.280.720.310.90.010.28
-0.3-0.06-0.33-0.28-0.52-0.160.43-0.64-0.4-0.260.28-0.4-0.52-0.1-0.64-0.19-0.44-0.390.02-0.28-0.10.01-0.03-0.340.23
0.810.950.60.910.190.86-0.530.260.290.810.390.290.540.93-0.010.830.320.470.920.72-0.10.120.63-0.330.47
0.240.150.290.270.190.24-0.210.34-0.430.26-0.21-0.430.260.20.260.4-0.090.20.210.310.010.120.20.33-0.04
0.840.790.480.80.540.85-0.070.25-0.020.860.28-0.010.630.790.050.750.080.520.810.9-0.030.630.2-0.330.27
-0.07-0.370.46-0.160.34-0.17-0.290.63-0.23-0.07-0.26-0.240.29-0.260.57-0.07-0.070.34-0.360.01-0.34-0.330.33-0.33-0.22
0.420.550.260.4-0.010.51-0.47-0.050.380.390.160.380.260.550.070.480.410.250.510.280.230.47-0.040.27-0.22
Click cells to compare fundamentals

Good Times Account Relationship Matchups

Good Times fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets99.7M93.7M86.4M91.1M104.8M110.0M
Short Long Term Debt Total75.6M54.7M51.0M48.9M56.2M59.0M
Other Current Liab6.2M4.7M5.6M4.1M4.7M4.9M
Total Current Liabilities18.6M12.9M12.9M14.9M17.1M18.0M
Total Stockholder Equity15.0M29.7M27.8M32.6M37.5M39.3M
Property Plant And Equipment Net76.9M73.0M64.7M63.0M72.4M76.0M
Retained Earnings(44.5M)(27.7M)(30.3M)(19.2M)(17.3M)(18.2M)
Accounts Payable2.6M1.5M628K2.6M3.0M3.1M
Cash11.5M8.9M8.9M4.2M4.8M3.5M
Non Current Assets Total86.2M82.2M74.5M84.5M97.2M102.0M
Non Currrent Assets Other209K219K166K292K262.8K350.4K
Cash And Short Term Investments11.5M8.9M8.9M4.2M4.8M3.6M
Common Stock Shares Outstanding12.6M12.8M12.5M11.8M13.6M14.3M
Liabilities And Stockholders Equity99.7M93.7M86.4M91.1M104.8M110.0M
Non Current Liabilities Total66.1M49.9M45.7M43.2M49.7M52.2M
Other Stockholder Equity58.1M57.4M56.8M51.8M59.6M35.7M
Total Liab84.7M62.8M58.6M58.1M66.8M70.1M
Total Current Assets13.5M11.4M11.9M6.6M7.6M4.8M
Intangible Assets3.9M3.9M3.9M3.9M4.5M2.8M
Net Debt64.1M45.8M42.1M44.7M51.4M54.0M
Inventory1.1M1.3M1.4M1.4M1.6M1.7M
Other Current Assets275K1.3M888K235K270.3K357.8K
Short Term Debt10.9M4.9M5.4M5.8M6.7M7.0M
Net Receivables669K644K694K769K884.4K928.6K
Property Plant And Equipment Gross27.7M115.8M113.7M116.9M134.4M141.1M
Other Liab8.9M1.4M202K159K182.9K173.7K
Other Assets212K53.4M93.7M3.0M3.4M3.2M
Long Term Debt7.5M12.9M10.9M750K862.5K819.4K
Property Plant Equipment35.7M27.7M73.0M64.7M74.4M78.1M
Current Deferred Revenue69K436K1.0M1.2M1.4M1.4M
Net Tangible Assets27.4M13.7M20.7M16.9M19.4M22.5M

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When determining whether Good Times Restaurants is a strong investment it is important to analyze Good Times' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Good Times' future performance. For an informed investment choice regarding Good Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Good Times Restaurants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Hotels, Restaurants & Leisure 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 Good Times. If investors know Good 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 Good Times 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
0.714
Earnings Share
0.1
Revenue Per Share
12.523
Quarterly Revenue Growth
0.065
Return On Assets
0.0104
The market value of Good Times Restaurants is measured differently than its book value, which is the value of Good that is recorded on the company's balance sheet. Investors also form their own opinion of Good Times' value that differs from its market value or its book value, called intrinsic value, which is Good Times' 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 Good Times' market value can be influenced by many factors that don't directly affect Good Times' 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 Good Times' value and its price as these two are different measures arrived at by different means. Investors typically determine if Good Times is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Good Times' 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.