Galena Property Plant Equipment vs Property Plant And Equipment Gross Analysis

G1A Stock   0.06  0.00  0.00%   
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 Property Plant Equipment and its Property Plant And Equipment Gross 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.

Property Plant Equipment vs Property Plant And Equipment Gross

Property Plant Equipment vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Galena Mining Property Plant Equipment account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have totally related.
The correlation between Galena Mining's Property Plant Equipment and Property Plant And Equipment Gross is 1.0. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Property Plant And Equipment Gross 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 Property Plant Equipment and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Galena Mining are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Property Plant Equipment i.e., Galena Mining's Property Plant Equipment and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant Equipment

Property Plant And Equipment Gross

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 Expenses4.9M83.6M87.8M
Depreciation And Amortization13.3M15.3M16.1M

Galena Mining fundamental ratios Correlations

0.950.82-0.970.970.430.99-0.450.970.980.550.830.990.90.450.960.730.880.850.990.980.571.0-0.6-0.460.99
0.950.63-0.970.990.160.97-0.380.950.990.290.650.970.980.190.980.570.780.680.980.940.410.94-0.51-0.690.98
0.820.63-0.770.680.730.75-0.340.740.70.821.00.750.540.730.70.960.960.990.740.830.790.82-0.450.00.74
-0.97-0.97-0.77-0.97-0.3-0.980.43-0.96-0.97-0.43-0.78-0.98-0.93-0.31-0.96-0.7-0.88-0.81-0.98-0.97-0.55-0.960.560.58-0.98
0.970.990.68-0.970.210.99-0.380.971.00.330.690.990.980.230.990.610.80.720.990.950.410.97-0.52-0.660.99
0.430.160.73-0.30.210.3-0.170.240.260.990.720.30.021.00.210.630.530.70.30.430.690.43-0.310.590.3
0.990.970.75-0.980.990.3-0.450.991.00.430.761.00.950.320.980.670.850.791.00.970.490.99-0.58-0.571.0
-0.45-0.38-0.340.43-0.38-0.17-0.45-0.45-0.43-0.22-0.31-0.45-0.41-0.18-0.29-0.19-0.31-0.4-0.44-0.38-0.51-0.450.920.17-0.45
0.970.950.74-0.960.970.240.99-0.450.970.360.760.990.950.260.980.710.850.780.990.960.510.97-0.55-0.610.98
0.980.990.7-0.971.00.261.0-0.430.970.380.711.00.970.280.980.620.810.751.00.960.440.98-0.58-0.621.0
0.550.290.82-0.430.330.990.43-0.220.360.380.810.430.150.990.330.720.660.790.420.550.740.55-0.370.480.42
0.830.651.0-0.780.690.720.76-0.310.760.710.810.760.550.730.720.970.960.990.760.850.790.83-0.43-0.010.75
0.990.970.75-0.980.990.31.0-0.450.991.00.430.760.950.320.980.670.850.791.00.970.490.99-0.58-0.571.0
0.90.980.54-0.930.980.020.95-0.410.950.970.150.550.950.040.960.470.70.60.960.880.280.9-0.53-0.790.96
0.450.190.73-0.310.231.00.32-0.180.260.280.990.730.320.040.230.630.540.70.320.450.70.45-0.320.580.32
0.960.980.7-0.960.990.210.98-0.290.980.980.330.720.980.960.230.660.830.730.980.960.410.96-0.44-0.650.98
0.730.570.96-0.70.610.630.67-0.190.710.620.720.970.670.470.630.660.940.930.670.780.780.73-0.27-0.020.66
0.880.780.96-0.880.80.530.85-0.310.850.810.660.960.850.70.540.830.940.960.840.90.710.88-0.44-0.260.84
0.850.680.99-0.810.720.70.79-0.40.780.750.790.990.790.60.70.730.930.960.790.850.770.86-0.51-0.060.79
0.990.980.74-0.980.990.31.0-0.440.991.00.420.761.00.960.320.980.670.840.790.970.490.99-0.58-0.581.0
0.980.940.83-0.970.950.430.97-0.380.960.960.550.850.970.880.450.960.780.90.850.970.640.98-0.51-0.460.97
0.570.410.79-0.550.410.690.49-0.510.510.440.740.790.490.280.70.410.780.710.770.490.640.56-0.480.170.49
1.00.940.82-0.960.970.430.99-0.450.970.980.550.830.990.90.450.960.730.880.860.990.980.56-0.6-0.450.99
-0.6-0.51-0.450.56-0.52-0.31-0.580.92-0.55-0.58-0.37-0.43-0.58-0.53-0.32-0.44-0.27-0.44-0.51-0.58-0.51-0.48-0.60.19-0.59
-0.46-0.690.00.58-0.660.59-0.570.17-0.61-0.620.48-0.01-0.57-0.790.58-0.65-0.02-0.26-0.06-0.58-0.460.17-0.450.19-0.58
0.990.980.74-0.980.990.31.0-0.450.981.00.420.751.00.960.320.980.660.840.791.00.970.490.99-0.59-0.58
Click cells to compare fundamentals

Galena Mining Account Relationship Matchups

Galena Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets59.5M170.3M264.2M366.2M421.1M442.2M
Total Current Liabilities2.5M3.2M19.1M74.1M85.2M89.4M
Total Stockholder Equity51.2M87.8M82.0M80.2M92.2M51.7M
Retained Earnings(11.0M)(14.6M)(20.9M)(59.1M)(53.2M)(50.5M)
Accounts Payable1.8M2.2M17.8M38.7M44.5M46.7M
Cash9.1M96.2M48.2M19.3M22.2M30.0M
Non Current Assets Total49.1M73.8M213.0M335.5M385.9M405.2M
Non Current Liabilities Total920.2K34.1M118.4M190.3M218.8M229.8M
Other Current Assets912.5K223.7K1.5M2.2M2.6M2.7M
Total Liab3.4M37.4M137.6M264.4M304.0M319.2M
Total Current Assets10.4M96.5M51.2M30.6M35.2M32.4M
Net Tangible Assets51.2M87.8M82.0M80.2M92.2M56.5M
Property Plant And Equipment Net49.1M73.8M213.0M335.5M385.9M405.2M
Net Debt(7.5M)(63.0M)67.2M194.2M223.4M234.6M
Cash And Short Term Investments9.1M96.2M48.2M19.3M22.2M33.6M
Net Receivables449.1K104.1K1.5M2.8M3.2M3.3M
Common Stock Shares Outstanding381.3M459.7M476.4M611.9M703.7M421.5M
Long Term Debt Total920.2K32.5M114.6M179.7M206.6M217.0M
Liabilities And Stockholders Equity59.5M170.3M264.2M366.2M421.1M442.2M
Other Stockholder Equity27.3M54.4M54.6M54.9M63.2M33.2M
Property Plant And Equipment Gross49.1M73.9M214.5M347.3M399.4M419.4M
Accumulated Other Comprehensive Income27.3M54.4M54.6M54.9M63.2M33.2M
Short Term Debt602.4K769.7K812.8K33.9M39.0M40.9M
Common Stock34.9M48.0M48.3M84.3M97.0M101.8M
Other Current Liab1.9M2.5M543.6K1.1M1.3M1.1M
Net Invested Capital51.2M119.7M195.4M248.9M286.3M300.6M
Net Working Capital7.9M93.3M32.1M(43.4M)(39.1M)(37.1M)
Property Plant Equipment49.1M73.8M213.0M335.5M385.9M405.2M
Capital Stock34.9M48.0M48.3M84.3M97.0M53.7M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Galena Stock Analysis

When running Galena Mining's price analysis, check to measure Galena Mining'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 Galena Mining is operating at the current time. Most of Galena Mining's value examination focuses on studying past and present price action to predict the probability of Galena Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galena Mining's price. Additionally, you may evaluate how the addition of Galena Mining to your portfolios can decrease your overall portfolio volatility.