Gold79 Total Liab vs Total Current Assets Analysis
AUU Stock | CAD 0.30 0.01 3.45% |
Gold79 Mines financial indicator trend analysis is much more than just examining Gold79 Mines latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gold79 Mines is a good investment. Please check the relationship between Gold79 Mines Total Liab and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Gold79 Mines. 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.
Total Liab vs Total Current Assets
Total Liab vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gold79 Mines Total Liab account and Total Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Gold79 Mines' Total Liab and Total Current Assets is -0.07. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Gold79 Mines, assuming nothing else is changed. The correlation between historical values of Gold79 Mines' Total Liab and Total 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 Liab of Gold79 Mines are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Liab i.e., Gold79 Mines' Total Liab and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Gold79 Mines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gold79 Mines 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 Gold79 Mines. 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. At this time, Gold79 Mines' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 3 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 327.6 K in 2024.
Gold79 Mines fundamental ratios Correlations
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Gold79 Mines Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gold79 Mines fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Current Liabilities | 389.4K | 136.0K | 247.0K | 85.5K | 195.8K | 168.2K | |
Total Stockholder Equity | (154.6K) | 2.4M | 4.7M | 4.9M | 4.9M | 5.1M | |
Retained Earnings | (18.3M) | (19.1M) | (20.0M) | (20.5M) | (20.9M) | (19.9M) | |
Accounts Payable | 282.5K | 111.8K | 204.2K | 53.5K | 152.0K | 131.4K | |
Common Stock Shares Outstanding | 3.1M | 5.8M | 11.5M | 14.9M | 19.1M | 20.1M | |
Other Stockholder Equity | 5.1M | 5.8M | 6.8M | 7.0M | 7.1M | 9.0M | |
Total Liab | 389.4K | 136.0K | 247.0K | 85.5K | 195.8K | 188.9K | |
Common Stock | 13.1M | 15.9M | 17.9M | 18.5M | 18.8M | 11.3M | |
Total Assets | 234.9K | 2.6M | 4.9M | 5.0M | 5.1M | 2.7M | |
Property Plant And Equipment Net | 155.3K | 1.8M | 2.3M | 4.5M | 4.9M | 5.2M | |
Net Debt | (47.2K) | (173.8K) | (1.0M) | (432.0K) | (90.2K) | (94.7K) | |
Cash | 47.2K | 173.8K | 1.0M | 432.0K | 90.2K | 85.7K | |
Non Current Assets Total | 181.2K | 2.3M | 3.6M | 4.5M | 4.9M | 5.2M | |
Non Currrent Assets Other | 25.9K | 530.2K | 1.3M | 13.0K | 11.7K | 11.1K | |
Cash And Short Term Investments | 47.2K | 173.8K | 1.0M | 432.0K | 90.2K | 85.7K | |
Net Receivables | 1.0K | 32.5K | 30.4K | 11.9K | 5.2K | 4.9K | |
Liabilities And Stockholders Equity | 234.9K | 2.6M | 4.9M | 5.0M | 5.1M | 2.7M | |
Total Current Assets | 53.6K | 293.3K | 1.3M | 516.2K | 130.3K | 123.8K | |
Accumulated Other Comprehensive Income | (104.2K) | (81.0K) | (65.3K) | (62.7K) | (65.2K) | (62.0K) | |
Other Current Liab | 106.9K | 24.2K | 42.8K | 32K | 43.8K | 55.9K | |
Net Tangible Assets | (151.2K) | (154.6K) | 2.4M | 4.7M | 5.4M | 5.6M | |
Net Invested Capital | (154.6K) | 2.4M | 4.7M | 4.9M | 4.9M | 2.6M | |
Net Working Capital | (335.8K) | 157.3K | 1.1M | 430.7K | (65.5K) | (62.3K) | |
Capital Stock | 13.1M | 15.9M | 17.9M | 18.5M | 18.8M | 17.8M |
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When running Gold79 Mines' price analysis, check to measure Gold79 Mines' 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 Gold79 Mines is operating at the current time. Most of Gold79 Mines' value examination focuses on studying past and present price action to predict the probability of Gold79 Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold79 Mines' price. Additionally, you may evaluate how the addition of Gold79 Mines to your portfolios can decrease your overall portfolio volatility.