GoldMining Retained Earnings vs Other Liab 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 Retained Earnings and its Other Liab 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.

Retained Earnings vs Other Liab

Retained Earnings vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GoldMining Retained Earnings account and Other Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between GoldMining's Retained Earnings and Other Liab is 0.49. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Liab in the same time period over historical financial statements of GoldMining, assuming nothing else is changed. The correlation between historical values of GoldMining's Retained Earnings and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of GoldMining are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Retained Earnings i.e., GoldMining's Retained Earnings and Other Liab go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Other Liab

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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