Golden Star Acquisition Stock Piotroski F Score

GODNU Stock   11.49  0.00  0.00%   
This module uses fundamental data of Golden Star to approximate its Piotroski F score. Golden Star F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Golden Star Acquisition. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Golden Star financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Golden Star Altman Z Score, Golden Star Correlation, Golden Star Valuation, as well as analyze Golden Star Alpha and Beta and Golden Star Hype Analysis.
  
At this time, Golden Star's Debt To Equity is comparatively stable compared to the past year. Debt Equity Ratio is likely to gain to 149.21 in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 233.8 K in 2024.
At this time, it appears that Golden Star's Piotroski F Score is Poor. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
4.0
Piotroski F Score - Poor
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

No Change

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Golden Star Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Golden Star is to make sure Golden is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Golden Star's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Golden Star's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Debt201.7 K302 K
Way Down
Slightly volatile
Total Current Liabilities379.9 K543.1 K
Way Down
Slightly volatile
Total Assets75.7 M72.1 M
Sufficiently Up
Slightly volatile
Total Current Assets44.5 K46.9 K
Notably Down
Slightly volatile

Golden Star Acquisition F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Golden Star's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Golden Star in a much-optimized way.

About Golden Star Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

8.21

At this time, Golden Star's Book Value Per Share is comparatively stable compared to the past year.

About Golden Star Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Golden Star Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Golden Star using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Golden Star Acquisition based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for Golden Stock Analysis

When running Golden Star's price analysis, check to measure Golden Star's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Golden Star is operating at the current time. Most of Golden Star's value examination focuses on studying past and present price action to predict the probability of Golden Star's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Star's price. Additionally, you may evaluate how the addition of Golden Star to your portfolios can decrease your overall portfolio volatility.