GoldMining Cash And Short Term Investments vs Short Term Investments Analysis

0UYN Stock   1.20  0.01  0.83%   
GoldMining financial indicator trend analysis is much more than just examining GoldMining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GoldMining is a good investment. Please check the relationship between GoldMining Cash And Short Term Investments and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GoldMining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy GoldMining Stock please use our How to Invest in GoldMining guide.

Cash And Short Term Investments vs Short Term Investments

Cash And Short Term Investments vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GoldMining Cash And Short Term Investments account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between GoldMining's Cash And Short Term Investments and Short Term Investments is 0.79. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of GoldMining, assuming nothing else is changed. The correlation between historical values of GoldMining's Cash And Short Term Investments and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of GoldMining are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Cash And Short Term Investments i.e., GoldMining's Cash And Short Term Investments and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of GoldMining balance sheet. This account contains GoldMining investments that will expire within one year. These investments include stocks and bonds that can be liquidated by GoldMining fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Short Term Investments

Short Term Investments is an item under the current assets section of GoldMining balance sheet. It contains any investments GoldMining undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that GoldMining can easily liquidate in the marketplace.
Most indicators from GoldMining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GoldMining 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in GoldMining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy GoldMining Stock please use our How to Invest in GoldMining guide.Selling General Administrative is likely to gain to about 16.7 M in 2024
 2021 2022 2023 2024 (projected)
Total Operating Expenses14.8M25.3M29.1M30.5M
Cost Of Revenue210K237K213.3K274.9K

GoldMining fundamental ratios Correlations

0.420.731.00.72-0.270.66-0.070.670.990.670.620.80.72-0.450.760.69-0.220.710.810.63-0.550.590.580.610.57
0.42-0.220.450.41-0.580.16-0.610.590.360.590.760.490.88-0.27-0.160.63-0.26-0.060.53-0.33-0.84-0.370.86-0.36-0.23
0.73-0.220.70.420.350.570.290.10.790.10.040.460.13-0.30.960.1-0.130.790.440.980.090.96-0.070.970.77
1.00.450.70.73-0.310.64-0.090.70.990.70.650.810.74-0.460.720.72-0.220.680.830.6-0.570.550.610.570.53
0.720.410.420.73-0.350.030.180.50.710.510.360.940.49-0.590.420.51-0.210.350.930.3-0.310.280.330.290.2
-0.27-0.580.35-0.31-0.350.00.15-0.88-0.16-0.87-0.62-0.39-0.610.20.29-0.87-0.270.16-0.460.450.660.47-0.670.470.3
0.660.160.570.640.030.0-0.310.380.660.380.60.220.510.020.590.4-0.220.560.270.57-0.520.570.530.550.49
-0.07-0.610.29-0.090.180.15-0.31-0.15-0.05-0.15-0.420.01-0.49-0.30.17-0.180.41-0.040.020.220.550.28-0.560.240.03
0.670.590.10.70.5-0.880.38-0.150.581.00.770.60.8-0.310.161.00.150.220.66-0.02-0.74-0.050.79-0.040.06
0.990.360.790.990.71-0.160.66-0.050.580.580.550.780.66-0.450.810.6-0.260.750.790.7-0.480.660.510.680.62
0.670.590.10.70.51-0.870.38-0.151.00.580.770.60.8-0.310.161.00.150.220.66-0.02-0.74-0.050.79-0.040.06
0.620.760.040.650.36-0.620.6-0.420.770.550.770.490.9-0.190.030.8-0.210.030.57-0.06-0.92-0.040.94-0.09-0.16
0.80.490.460.810.94-0.390.220.010.60.780.60.490.63-0.570.470.61-0.140.430.990.36-0.480.320.470.340.26
0.720.880.130.740.49-0.610.51-0.490.80.660.80.90.63-0.260.180.83-0.240.240.680.01-0.92-0.020.95-0.020.05
-0.45-0.27-0.3-0.46-0.590.20.02-0.3-0.31-0.45-0.31-0.19-0.57-0.26-0.28-0.31-0.17-0.21-0.6-0.180.22-0.16-0.21-0.17-0.13
0.76-0.160.960.720.420.290.590.170.160.810.160.030.470.18-0.280.16-0.150.920.440.960.020.90.00.950.91
0.690.630.10.720.51-0.870.4-0.181.00.61.00.80.610.83-0.310.160.120.220.67-0.02-0.77-0.050.82-0.040.06
-0.22-0.26-0.13-0.22-0.21-0.27-0.220.410.15-0.260.15-0.21-0.14-0.24-0.17-0.150.12-0.17-0.15-0.150.14-0.14-0.18-0.15-0.11
0.71-0.060.790.680.350.160.56-0.040.220.750.220.030.430.24-0.210.920.22-0.170.390.8-0.090.690.110.80.98
0.810.530.440.830.93-0.460.270.020.660.790.660.570.990.68-0.60.440.67-0.150.390.32-0.540.310.530.30.21
0.63-0.330.980.60.30.450.570.22-0.020.7-0.02-0.060.360.01-0.180.96-0.02-0.150.80.320.180.98-0.161.00.81
-0.55-0.840.09-0.57-0.310.66-0.520.55-0.74-0.48-0.74-0.92-0.48-0.920.220.02-0.770.14-0.09-0.540.180.21-0.980.210.09
0.59-0.370.960.550.280.470.570.28-0.050.66-0.05-0.040.32-0.02-0.160.9-0.05-0.140.690.310.980.21-0.190.980.7
0.580.86-0.070.610.33-0.670.53-0.560.790.510.790.940.470.95-0.210.00.82-0.180.110.53-0.16-0.98-0.19-0.2-0.07
0.61-0.360.970.570.290.470.550.24-0.040.68-0.04-0.090.34-0.02-0.170.95-0.04-0.150.80.31.00.210.98-0.20.81
0.57-0.230.770.530.20.30.490.030.060.620.06-0.160.260.05-0.130.910.06-0.110.980.210.810.090.7-0.070.81
Click cells to compare fundamentals

GoldMining Account Relationship Matchups

GoldMining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets69.4M200.2M147.3M136.9M157.4M165.3M
Other Current Liab1.7M46K198K2.3M2.6M2.7M
Total Current Liabilities3.1M13.6M11.0M2.3M2.7M3.5M
Total Stockholder Equity64.3M175.7M135.1M129.2M148.6M156.1M
Property Plant And Equipment Net57.7M56.3M58.6M60.0M69.1M41.6M
Net Debt(8.7M)987.6K751K(21.2M)(19.1M)(18.1M)
Retained Earnings(59.9M)41.2M28.0M20.2M23.2M24.4M
Accounts Payable923.2K992K1.7M7K8.1K7.6K
Cash9.2M11.7M8.3M21.6M24.8M26.1M
Non Current Assets Total59.3M187.9M138.1M113.2M130.1M136.6M
Cash And Short Term Investments9.3M11.7M8.3M21.6M24.8M26.1M
Net Receivables63.0K40.1K374K594K683.1K717.3K
Common Stock Shares Outstanding146.0M152.5M154.0M171.9M197.7M111.7M
Liabilities And Stockholders Equity69.4M200.2M147.3M136.9M157.4M165.3M
Other Current Assets829.0K529K499K1.5M1.8M1.9M
Other Stockholder Equity1.4K1.03.4K(43.8K)(39.4K)(37.4K)
Total Liab3.9M24.5M12.2M4.5M5.1M5.0M
Total Current Assets10.1M12.3M9.2M23.7M27.3M28.7M
Accumulated Other Comprehensive Income(3.9M)3.4M(43.8M)(67.5M)(60.8M)(57.7M)
Non Current Liabilities Total861.9K10.9M1.2M2.1M2.4M1.7M
Common Stock128.2M131.1M150.9M176.6M203.1M102.0M
Other Liab816.7K815.8K10.8M1.1M1.3M1.2M
Net Tangible Assets65.6M64.3M175.7M135.1M155.4M107.6M
Property Plant Equipment59.5M57.7M56.3M58.6M52.8M47.4M

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