Eminent Other Stockholder Equity vs Total Current Liabilities Analysis
EMNT Stock | CAD 0.33 0.04 13.79% |
Eminent Gold financial indicator trend analysis is much more than just examining Eminent Gold Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eminent Gold Corp is a good investment. Please check the relationship between Eminent Gold Other Stockholder Equity and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eminent Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Other Stockholder Equity vs Total Current Liabilities
Other Stockholder Equity vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eminent Gold Corp Other Stockholder Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Eminent Gold's Other Stockholder Equity and Total Current Liabilities is 0.75. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Eminent Gold Corp, assuming nothing else is changed. The correlation between historical values of Eminent Gold's Other Stockholder Equity and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Eminent Gold Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Stockholder Equity i.e., Eminent Gold's Other Stockholder Equity and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Stockholder Equity
Total Current Liabilities
Total Current Liabilities is an item on Eminent Gold balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Eminent Gold Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Eminent Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eminent Gold Corp 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eminent Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, Eminent Gold's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 17.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 690.9 K in 2024.
Eminent Gold fundamental ratios Correlations
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Eminent Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eminent Gold fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Current Liabilities | 23.8K | 133.6K | 277.9K | 245.0K | 334.9K | 207.3K | |
Net Tangible Assets | (104.6K) | (218.2K) | 676.0K | 2.3M | 2.6M | 2.8M | |
Retained Earnings | (1.4M) | (2.7M) | (3.9M) | (5.4M) | (9.6M) | (9.1M) | |
Accounts Payable | 14.3K | 63.9K | 251.8K | 126.1K | 289.1K | 303.5K | |
Total Current Assets | 699.8K | 1.6M | 1.6M | 613.2K | 305.0K | 289.8K | |
Total Assets | 699.8K | 2.4M | 4.9M | 5.6M | 3.1M | 2.6M | |
Total Stockholder Equity | 676.0K | 2.3M | 4.6M | 5.4M | 2.7M | 2.4M | |
Cash | 697.8K | 1.6M | 1.2M | 96.4K | 207.0K | 196.7K | |
Common Stock Shares Outstanding | 25.0M | 36.2M | 41.0M | 44.9M | 49.7M | 35.7M | |
Total Liab | 23.8K | 133.6K | 277.9K | 245.0K | 334.9K | 223.9K | |
Net Invested Capital | 676.0K | 2.3M | 4.6M | 5.4M | 2.7M | 2.4M | |
Net Working Capital | 676.0K | 1.5M | 1.3M | 368.2K | (29.8K) | (28.4K) | |
Capital Stock | 2.0M | 4.2M | 7.5M | 9.3M | 10.7M | 6.4M |
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Additional Tools for Eminent Stock Analysis
When running Eminent Gold's price analysis, check to measure Eminent Gold'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 Eminent Gold is operating at the current time. Most of Eminent Gold's value examination focuses on studying past and present price action to predict the probability of Eminent Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eminent Gold's price. Additionally, you may evaluate how the addition of Eminent Gold to your portfolios can decrease your overall portfolio volatility.