1847 Goedeker Depreciation Amortization and Accretion vs Revenues Analysis

GOED
 Stock
  

USD 1.24  0.02  1.64%   

1847 Goedeker financial indicator trend analysis is way more than just evaluating 1847 Goedeker prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 1847 Goedeker is a good investment. Please check the relationship between 1847 Goedeker Depreciation Amortization and Accretion and its Revenues accounts. Please check Risk vs Return Analysis.

Depreciation Amortization and Accretion vs Revenues

Depreciation Amortization and Accretion vs Revenues Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 1847 Goedeker Depreciation Amortization and Accretion account and Revenues. At this time, the significance of the direction appears to have totally related.
The correlation between 1847 Goedeker's Depreciation Amortization and Accretion and Revenues is 0.99. Overlapping area represents the amount of variation of Depreciation Amortization and Accretion that can explain the historical movement of Revenues in the same time period over historical financial statements of 1847 Goedeker, assuming nothing else is changed. The correlation between historical values of 1847 Goedeker's Depreciation Amortization and Accretion and Revenues is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation Amortization and Accretion of 1847 Goedeker are associated (or correlated) with its Revenues. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Revenues has no effect on the direction of Depreciation Amortization and Accretion i.e., 1847 Goedeker's Depreciation Amortization and Accretion and Revenues go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Depreciation Amortization and Accretion

A component of operating cash flow representing the aggregate net amount of depreciation; amortization; and accretion recognized during an accounting period. As a non-cash item; the net amount is added back to net income when calculating cash provided by or used in operations using the indirect method.

Revenues

Revenues refers to the total amount of money received by 1847 Goedeker for goods sold or services provided during a certain time period. It also includes all of 1847 Goedeker sales as well as any other increase in 1847 Goedeker equity.Revenues are reported on 1847 Goedeker income statement and calculated before any expenses are subtracted. Amount of Revenue recognized from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses.
Most indicators from 1847 Goedeker fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 1847 Goedeker 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. Please check Risk vs Return Analysis.The current year Enterprise Value over EBITDA is expected to grow to 21.34, whereas Selling General and Administrative Expense is forecasted to decline to about 22.9 M.
 2010 2019 2021 2022 (projected)
Interest Expense149871 K3.2 M3.45 M
Gross Profit10.9 M7.25 M79.66 M85.95 M

1847 Goedeker fundamental ratios Correlations

1.01.00.980.990.990.990.630.990.991.00.990.940.991.01.01.0-1.0
1.01.00.980.990.990.990.650.990.991.00.990.950.991.01.00.99-1.0
1.01.00.980.990.990.990.620.990.991.00.990.940.990.991.01.0-1.0
0.980.980.980.960.960.960.780.950.960.981.00.980.960.990.990.96-0.97
0.990.990.990.961.01.00.590.991.00.990.970.941.00.980.990.99-0.99
0.990.990.990.961.01.00.590.991.00.990.970.941.00.980.990.99-0.99
0.990.990.990.961.01.00.590.991.00.990.970.941.00.980.990.99-0.99
0.630.650.620.780.590.590.590.530.590.630.740.820.590.70.660.57-0.59
0.990.990.990.950.990.990.990.530.990.990.960.90.990.980.991.0-1.0
0.990.990.990.961.01.01.00.590.990.990.970.941.00.980.990.99-0.99
1.01.01.00.980.990.990.990.630.990.990.990.940.991.01.01.0-1.0
0.990.990.991.00.970.970.970.740.960.970.990.980.971.00.990.97-0.98
0.940.950.940.980.940.940.940.820.90.940.940.980.940.970.950.92-0.93
0.990.990.990.961.01.01.00.590.991.00.990.970.940.980.990.99-0.99
1.01.00.990.990.980.980.980.70.980.981.01.00.970.981.00.99-0.99
1.01.01.00.990.990.990.990.660.990.991.00.990.950.991.00.99-1.0
1.00.991.00.960.990.990.990.571.00.991.00.970.920.990.990.99-1.0
-1.0-1.0-1.0-0.97-0.99-0.99-0.99-0.59-1.0-0.99-1.0-0.98-0.93-0.99-0.99-1.0-1.0
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1847 Goedeker Account Relationship Matchups

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Is 1847 Goedeker's industry 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 1847 Goedeker. If investors know 1847 Goedeker 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 1847 Goedeker listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
131.9 M
Quarterly Revenue Growth YOY
10.15
Return On Assets
0.13
Return On Equity
0.17
The market value of 1847 Goedeker is measured differently than its book value, which is the value of 1847 Goedeker that is recorded on the company's balance sheet. Investors also form their own opinion of 1847 Goedeker's value that differs from its market value or its book value, called intrinsic value, which is 1847 Goedeker'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 1847 Goedeker's market value can be influenced by many factors that don't directly affect 1847 Goedeker'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 1847 Goedeker's value and its price as these two are different measures arrived at by different means. Investors typically determine 1847 Goedeker value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1847 Goedeker'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.