Galena Net Receivables vs Property Plant Equipment Analysis

G1A Stock

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Galena Mining financial indicator trend analysis is much more than just examining Galena Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Galena Mining is a good investment. Please check the relationship between Galena Mining Net Receivables and its Property Plant Equipment accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galena Mining. 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.

Net Receivables vs Property Plant Equipment

Net Receivables vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Galena Mining Net Receivables account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Galena Mining's Net Receivables and Property Plant Equipment is 0.98. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Galena Mining, assuming nothing else is changed. The correlation between historical values of Galena Mining's Net Receivables and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Galena Mining are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Receivables i.e., Galena Mining's Net Receivables and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Receivables

Property Plant Equipment

Most indicators from Galena Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Galena Mining 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galena Mining. 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.

Issuance Of Capital Stock is likely to gain to about 44.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.1 M in 2024.

	2021	2023	2024 (projected)
Other Operating Expenses	4.9M	83.6M	87.8M
Depreciation And Amortization	13.3M	15.3M	16.1M

Other Operating Expenses Depreciation And Amortization

Galena Mining fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Current Assets	Total Liab	Total Current Assets	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Property Plant And Equipment Gross	Common Stock	Other Current Liab	Net Invested Capital	Cash And Equivalents	Net Working Capital	Property Plant Equipment
Total Assets		0.95	0.82	-0.97	0.97	0.43	0.99	-0.45	0.97	0.98	0.55	0.83	0.99	0.9	0.45	0.96	0.73	0.88	0.85	0.99	0.98	0.57	1.0	-0.6	-0.46	0.99
Total Current Liabilities	0.95		0.63	-0.97	0.99	0.16	0.97	-0.38	0.95	0.99	0.29	0.65	0.97	0.98	0.19	0.98	0.57	0.78	0.68	0.98	0.94	0.41	0.94	-0.51	-0.69	0.98
Total Stockholder Equity	0.82	0.63		-0.77	0.68	0.73	0.75	-0.34	0.74	0.7	0.82	1.0	0.75	0.54	0.73	0.7	0.96	0.96	0.99	0.74	0.83	0.79	0.82	-0.45	0.0	0.74
Retained Earnings	-0.97	-0.97	-0.77		-0.97	-0.3	-0.98	0.43	-0.96	-0.97	-0.43	-0.78	-0.98	-0.93	-0.31	-0.96	-0.7	-0.88	-0.81	-0.98	-0.97	-0.55	-0.96	0.56	0.58	-0.98
Accounts Payable	0.97	0.99	0.68	-0.97		0.21	0.99	-0.38	0.97	1.0	0.33	0.69	0.99	0.98	0.23	0.99	0.61	0.8	0.72	0.99	0.95	0.41	0.97	-0.52	-0.66	0.99
Cash	0.43	0.16	0.73	-0.3	0.21		0.3	-0.17	0.24	0.26	0.99	0.72	0.3	0.02	1.0	0.21	0.63	0.53	0.7	0.3	0.43	0.69	0.43	-0.31	0.59	0.3
Non Current Assets Total	0.99	0.97	0.75	-0.98	0.99	0.3		-0.45	0.99	1.0	0.43	0.76	1.0	0.95	0.32	0.98	0.67	0.85	0.79	1.0	0.97	0.49	0.99	-0.58	-0.57	1.0
Non Currrent Assets Other	-0.45	-0.38	-0.34	0.43	-0.38	-0.17	-0.45		-0.45	-0.43	-0.22	-0.31	-0.45	-0.41	-0.18	-0.29	-0.19	-0.31	-0.4	-0.44	-0.38	-0.51	-0.45	0.92	0.17	-0.45
Other Current Assets	0.97	0.95	0.74	-0.96	0.97	0.24	0.99	-0.45		0.97	0.36	0.76	0.99	0.95	0.26	0.98	0.71	0.85	0.78	0.99	0.96	0.51	0.97	-0.55	-0.61	0.98
Total Liab	0.98	0.99	0.7	-0.97	1.0	0.26	1.0	-0.43	0.97		0.38	0.71	1.0	0.97	0.28	0.98	0.62	0.81	0.75	1.0	0.96	0.44	0.98	-0.58	-0.62	1.0
Total Current Assets	0.55	0.29	0.82	-0.43	0.33	0.99	0.43	-0.22	0.36	0.38		0.81	0.43	0.15	0.99	0.33	0.72	0.66	0.79	0.42	0.55	0.74	0.55	-0.37	0.48	0.42
Net Tangible Assets	0.83	0.65	1.0	-0.78	0.69	0.72	0.76	-0.31	0.76	0.71	0.81		0.76	0.55	0.73	0.72	0.97	0.96	0.99	0.76	0.85	0.79	0.83	-0.43	-0.01	0.75
Property Plant And Equipment Net	0.99	0.97	0.75	-0.98	0.99	0.3	1.0	-0.45	0.99	1.0	0.43	0.76		0.95	0.32	0.98	0.67	0.85	0.79	1.0	0.97	0.49	0.99	-0.58	-0.57	1.0
Net Debt	0.9	0.98	0.54	-0.93	0.98	0.02	0.95	-0.41	0.95	0.97	0.15	0.55	0.95		0.04	0.96	0.47	0.7	0.6	0.96	0.88	0.28	0.9	-0.53	-0.79	0.96
Cash And Short Term Investments	0.45	0.19	0.73	-0.31	0.23	1.0	0.32	-0.18	0.26	0.28	0.99	0.73	0.32	0.04		0.23	0.63	0.54	0.7	0.32	0.45	0.7	0.45	-0.32	0.58	0.32
Net Receivables	0.96	0.98	0.7	-0.96	0.99	0.21	0.98	-0.29	0.98	0.98	0.33	0.72	0.98	0.96	0.23		0.66	0.83	0.73	0.98	0.96	0.41	0.96	-0.44	-0.65	0.98
Common Stock Total Equity	0.73	0.57	0.96	-0.7	0.61	0.63	0.67	-0.19	0.71	0.62	0.72	0.97	0.67	0.47	0.63	0.66		0.94	0.93	0.67	0.78	0.78	0.73	-0.27	-0.02	0.66
Common Stock Shares Outstanding	0.88	0.78	0.96	-0.88	0.8	0.53	0.85	-0.31	0.85	0.81	0.66	0.96	0.85	0.7	0.54	0.83	0.94		0.96	0.84	0.9	0.71	0.88	-0.44	-0.26	0.84
Other Stockholder Equity	0.85	0.68	0.99	-0.81	0.72	0.7	0.79	-0.4	0.78	0.75	0.79	0.99	0.79	0.6	0.7	0.73	0.93	0.96		0.79	0.85	0.77	0.86	-0.51	-0.06	0.79
Property Plant And Equipment Gross	0.99	0.98	0.74	-0.98	0.99	0.3	1.0	-0.44	0.99	1.0	0.42	0.76	1.0	0.96	0.32	0.98	0.67	0.84	0.79		0.97	0.49	0.99	-0.58	-0.58	1.0
Common Stock	0.98	0.94	0.83	-0.97	0.95	0.43	0.97	-0.38	0.96	0.96	0.55	0.85	0.97	0.88	0.45	0.96	0.78	0.9	0.85	0.97		0.64	0.98	-0.51	-0.46	0.97
Other Current Liab	0.57	0.41	0.79	-0.55	0.41	0.69	0.49	-0.51	0.51	0.44	0.74	0.79	0.49	0.28	0.7	0.41	0.78	0.71	0.77	0.49	0.64		0.56	-0.48	0.17	0.49
Net Invested Capital	1.0	0.94	0.82	-0.96	0.97	0.43	0.99	-0.45	0.97	0.98	0.55	0.83	0.99	0.9	0.45	0.96	0.73	0.88	0.86	0.99	0.98	0.56		-0.6	-0.45	0.99
Cash And Equivalents	-0.6	-0.51	-0.45	0.56	-0.52	-0.31	-0.58	0.92	-0.55	-0.58	-0.37	-0.43	-0.58	-0.53	-0.32	-0.44	-0.27	-0.44	-0.51	-0.58	-0.51	-0.48	-0.6		0.19	-0.59
Net Working Capital	-0.46	-0.69	0.0	0.58	-0.66	0.59	-0.57	0.17	-0.61	-0.62	0.48	-0.01	-0.57	-0.79	0.58	-0.65	-0.02	-0.26	-0.06	-0.58	-0.46	0.17	-0.45	0.19		-0.58
Property Plant Equipment	0.99	0.98	0.74	-0.98	0.99	0.3	1.0	-0.45	0.98	1.0	0.42	0.75	1.0	0.96	0.32	0.98	0.66	0.84	0.79	1.0	0.97	0.49	0.99	-0.59	-0.58

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Galena Mining Account Relationship Matchups

Galena Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	59.5M	170.3M	264.2M	366.2M	421.1M	442.2M
Total Current Liabilities	2.5M	3.2M	19.1M	74.1M	85.2M	89.4M
Total Stockholder Equity	51.2M	87.8M	82.0M	80.2M	92.2M	51.7M
Retained Earnings	(11.0M)	(14.6M)	(20.9M)	(59.1M)	(53.2M)	(50.5M)
Accounts Payable	1.8M	2.2M	17.8M	38.7M	44.5M	46.7M
Cash	9.1M	96.2M	48.2M	19.3M	22.2M	30.0M
Non Current Assets Total	49.1M	73.8M	213.0M	335.5M	385.9M	405.2M
Non Current Liabilities Total	920.2K	34.1M	118.4M	190.3M	218.8M	229.8M
Other Current Assets	912.5K	223.7K	1.5M	2.2M	2.6M	2.7M
Total Liab	3.4M	37.4M	137.6M	264.4M	304.0M	319.2M
Total Current Assets	10.4M	96.5M	51.2M	30.6M	35.2M	32.4M
Net Tangible Assets	51.2M	87.8M	82.0M	80.2M	92.2M	56.5M
Property Plant And Equipment Net	49.1M	73.8M	213.0M	335.5M	385.9M	405.2M
Net Debt	(7.5M)	(63.0M)	67.2M	194.2M	223.4M	234.6M
Cash And Short Term Investments	9.1M	96.2M	48.2M	19.3M	22.2M	33.6M
Net Receivables	449.1K	104.1K	1.5M	2.8M	3.2M	3.3M
Common Stock Shares Outstanding	381.3M	459.7M	476.4M	611.9M	703.7M	421.5M
Long Term Debt Total	920.2K	32.5M	114.6M	179.7M	206.6M	217.0M
Liabilities And Stockholders Equity	59.5M	170.3M	264.2M	366.2M	421.1M	442.2M
Other Stockholder Equity	27.3M	54.4M	54.6M	54.9M	63.2M	33.2M
Property Plant And Equipment Gross	49.1M	73.9M	214.5M	347.3M	399.4M	419.4M
Accumulated Other Comprehensive Income	27.3M	54.4M	54.6M	54.9M	63.2M	33.2M
Short Term Debt	602.4K	769.7K	812.8K	33.9M	39.0M	40.9M
Common Stock	34.9M	48.0M	48.3M	84.3M	97.0M	101.8M
Other Current Liab	1.9M	2.5M	543.6K	1.1M	1.3M	1.1M
Net Invested Capital	51.2M	119.7M	195.4M	248.9M	286.3M	300.6M
Net Working Capital	7.9M	93.3M	32.1M	(43.4M)	(39.1M)	(37.1M)
Property Plant Equipment	49.1M	73.8M	213.0M	335.5M	385.9M	405.2M
Capital Stock	34.9M	48.0M	48.3M	84.3M	97.0M	53.7M

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