1847 Goedeker Total Liabilities vs Current Assets Analysis

GOED -  USA Stock  

USD 1.33  0.04  3.10%

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 Total Liabilities and its Current Assets accounts. Please check Risk vs Return Analysis.

Total Liabilities vs Current Assets

Total Liabilities vs Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 1847 Goedeker Total Liabilities account and Current Assets. At this time, the significance of the direction appears to have totally related.
The correlation between 1847 Goedeker's Total Liabilities and Current Assets is 0.99. Overlapping area represents the amount of variation of Total Liabilities that can explain the historical movement of Current Assets 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 Total Liabilities and Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liabilities of 1847 Goedeker are associated (or correlated) with its Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Assets has no effect on the direction of Total Liabilities i.e., 1847 Goedeker's Total Liabilities and Current Assets go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liabilities

Deferred Income Tax is recorded on 1847 Goedeker balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on 1847 Goedeker books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are Total Debt; [DeferredRev]; Trade and Non Trade Payables; Deposit Liabilities; and Tax Liabilities.

Current Assets

Current assets of 1847 Goedeker include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of 1847 Goedeker. The current portion of Total Assets; reported if a company operates a classified balance sheet that segments current and non-current assets.
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
Click cells to compare fundamentals

1847 Goedeker Account Relationship Matchups

1847 Goedeker Investors Sentiment

The influence of 1847 Goedeker's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in 1847 Goedeker. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

1847 Goedeker Implied Volatility

    
  98.9  
1847 Goedeker's implied volatility exposes the market's sentiment of 1847 Goedeker stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if 1847 Goedeker's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that 1847 Goedeker stock will not fluctuate a lot when 1847 Goedeker's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards 1847 Goedeker in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, 1847 Goedeker's short interest history, or implied volatility extrapolated from 1847 Goedeker options trading.

Current Sentiment - GOED

1847 Goedeker Investor Sentiment

Macroaxis portfolio users are indifferent in their judgment towards investing in 1847 Goedeker. What is your sentiment towards investing in 1847 Goedeker? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish

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Please check Risk vs Return Analysis. Note that the 1847 Goedeker information on this page should be used as a complementary analysis to other 1847 Goedeker's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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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
137.2 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.