Galantas Capex To Depreciation vs Price To Sales Ratio Analysis

GAL Stock

CAD 0.06 0.01 14.29%

Galantas Gold financial indicator trend analysis is much more than just examining Galantas Gold Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Galantas Gold Corp is a good investment. Please check the relationship between Galantas Gold Capex To Depreciation and its Price To Sales Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galantas 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 board of governors.

Capex To Depreciation vs Price To Sales Ratio

Capex To Depreciation vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Galantas Gold Corp Capex To Depreciation account and Price To Sales Ratio. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Galantas Gold's Capex To Depreciation and Price To Sales Ratio is 0.47. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Galantas Gold Corp, assuming nothing else is changed. The correlation between historical values of Galantas Gold's Capex To Depreciation and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Galantas Gold Corp are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Capex To Depreciation i.e., Galantas Gold's Capex To Depreciation and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.47

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Galantas Gold Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Galantas Gold sales, a figure that is much harder to manipulate than other Galantas Gold Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

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

At this time, Galantas Gold's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 266.31 in 2024, whereas Enterprise Value Over EBITDA is likely to drop (12.66) in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	793.1K	1.5M	1.8M	1.9M
Cost Of Revenue	803.9K	908.9K	707.9K	1.2M

Interest Expense Cost Of Revenue

Galantas Gold fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Property Plant And Equipment Net	Non Currrent Assets Other	Short Term Investments	Inventory	Short Term Debt	Other Current Liab	Current Deferred Revenue	Common Stock	Other Assets	Other Current Assets
Total Assets		0.63	0.9	0.47	-0.8	0.7	0.36	0.98	0.36	0.37	0.68	0.63	-0.17	0.72	0.54	0.61	0.87	0.24	-0.43	-0.35	0.43	0.66	0.54	0.96	-0.13	0.53
Total Current Liabilities	0.63		0.41	0.76	-0.9	0.6	0.21	0.61	0.21	-0.13	0.89	0.43	-0.5	0.95	0.37	0.88	0.69	0.28	-0.83	-0.38	0.91	0.65	0.39	0.7	-0.58	0.91
Total Stockholder Equity	0.9	0.41		0.25	-0.62	0.51	0.37	0.88	0.37	0.51	0.49	0.61	-0.01	0.53	0.49	0.41	0.83	0.17	-0.31	-0.29	0.17	0.48	0.57	0.81	0.13	0.28
Net Debt	0.47	0.76	0.25		-0.8	0.41	-0.29	0.54	-0.29	-0.11	0.91	0.69	-0.52	0.84	-0.1	0.89	0.67	0.47	-0.7	-0.32	0.83	0.23	0.08	0.54	-0.69	0.87
Retained Earnings	-0.8	-0.9	-0.62	-0.8		-0.59	-0.12	-0.81	-0.12	0.01	-0.95	-0.68	0.51	-0.95	-0.3	-0.87	-0.86	-0.33	0.79	0.57	-0.77	-0.61	-0.49	-0.88	0.45	-0.86
Accounts Payable	0.7	0.6	0.51	0.41	-0.59		0.38	0.63	0.38	0.46	0.6	0.41	-0.08	0.62	0.62	0.57	0.47	0.6	-0.38	0.08	0.54	0.34	0.36	0.66	-0.4	0.65
Cash	0.36	0.21	0.37	-0.29	-0.12	0.38		0.18	1.0	0.31	0.05	0.09	0.35	0.2	0.95	0.17	0.11	-0.09	-0.17	-0.07	0.03	0.23	0.25	0.24	0.11	0.0
Non Current Assets Total	0.98	0.61	0.88	0.54	-0.81	0.63	0.18		0.18	0.31	0.7	0.64	-0.26	0.71	0.36	0.6	0.9	0.24	-0.42	-0.38	0.43	0.66	0.52	0.97	-0.13	0.54
Cash And Short Term Investments	0.36	0.21	0.37	-0.29	-0.12	0.38	1.0	0.18		0.31	0.05	0.09	0.35	0.2	0.95	0.17	0.11	-0.09	-0.17	-0.07	0.03	0.23	0.25	0.24	0.11	0.0
Net Receivables	0.37	-0.13	0.51	-0.11	0.01	0.46	0.31	0.31	0.31		-0.01	0.32	0.73	0.0	0.45	0.01	0.17	0.14	0.11	0.41	-0.19	-0.21	0.29	0.21	0.29	-0.12
Common Stock Shares Outstanding	0.68	0.89	0.49	0.91	-0.95	0.6	0.05	0.7	0.05	-0.01		0.74	-0.51	0.96	0.25	0.96	0.81	0.49	-0.76	-0.46	0.85	0.4	0.24	0.75	-0.67	0.94
Non Current Liabilities Total	0.63	0.43	0.61	0.69	-0.68	0.41	0.09	0.64	0.09	0.32	0.74		-0.13	0.68	0.23	0.74	0.73	0.44	-0.54	-0.34	0.43	-0.01	0.2	0.58	-0.28	0.52
Other Stockholder Equity	-0.17	-0.5	-0.01	-0.52	0.51	-0.08	0.35	-0.26	0.35	0.73	-0.51	-0.13		-0.45	0.31	-0.38	-0.35	-0.32	0.4	0.47	-0.52	-0.44	-0.02	-0.32	0.51	-0.59
Total Liab	0.72	0.95	0.53	0.84	-0.95	0.62	0.2	0.71	0.2	0.0	0.96	0.68	-0.45		0.38	0.96	0.8	0.38	-0.85	-0.42	0.89	0.52	0.38	0.76	-0.57	0.91
Total Current Assets	0.54	0.37	0.49	-0.1	-0.3	0.62	0.95	0.36	0.95	0.45	0.25	0.23	0.31	0.38		0.34	0.26	0.08	-0.27	0.01	0.21	0.29	0.33	0.42	-0.03	0.21
Short Long Term Debt Total	0.61	0.88	0.41	0.89	-0.87	0.57	0.17	0.6	0.17	0.01	0.96	0.74	-0.38	0.96	0.34		0.72	0.44	-0.82	-0.36	0.88	0.32	0.2	0.63	-0.66	0.89
Property Plant And Equipment Net	0.87	0.69	0.83	0.67	-0.86	0.47	0.11	0.9	0.11	0.17	0.81	0.73	-0.35	0.8	0.26	0.72		0.2	-0.51	-0.48	0.52	0.56	0.37	0.86	-0.3	0.63
Non Currrent Assets Other	0.24	0.28	0.17	0.47	-0.33	0.6	-0.09	0.24	-0.09	0.14	0.49	0.44	-0.32	0.38	0.08	0.44	0.2		-0.24	0.06	0.42	-0.2	-0.12	0.21	-0.53	0.54
Short Term Investments	-0.43	-0.83	-0.31	-0.7	0.79	-0.38	-0.17	-0.42	-0.17	0.11	-0.76	-0.54	0.4	-0.85	-0.27	-0.82	-0.51	-0.24		0.33	-0.82	-0.38	-0.56	-0.49	0.32	-0.74
Inventory	-0.35	-0.38	-0.29	-0.32	0.57	0.08	-0.07	-0.38	-0.07	0.41	-0.46	-0.34	0.47	-0.42	0.01	-0.36	-0.48	0.06	0.33		-0.15	-0.42	-0.13	-0.49	0.14	-0.27
Short Term Debt	0.43	0.91	0.17	0.83	-0.77	0.54	0.03	0.43	0.03	-0.19	0.85	0.43	-0.52	0.89	0.21	0.88	0.52	0.42	-0.82	-0.15		0.41	0.23	0.49	-0.7	0.93
Other Current Liab	0.66	0.65	0.48	0.23	-0.61	0.34	0.23	0.66	0.23	-0.21	0.4	-0.01	-0.44	0.52	0.29	0.32	0.56	-0.2	-0.38	-0.42	0.41		0.55	0.73	-0.04	0.4
Current Deferred Revenue	0.54	0.39	0.57	0.08	-0.49	0.36	0.25	0.52	0.25	0.29	0.24	0.2	-0.02	0.38	0.33	0.2	0.37	-0.12	-0.56	-0.13	0.23	0.55		0.55	0.44	0.18
Common Stock	0.96	0.7	0.81	0.54	-0.88	0.66	0.24	0.97	0.24	0.21	0.75	0.58	-0.32	0.76	0.42	0.63	0.86	0.21	-0.49	-0.49	0.49	0.73	0.55		-0.21	0.61
Other Assets	-0.13	-0.58	0.13	-0.69	0.45	-0.4	0.11	-0.13	0.11	0.29	-0.67	-0.28	0.51	-0.57	-0.03	-0.66	-0.3	-0.53	0.32	0.14	-0.7	-0.04	0.44	-0.21		-0.79
Other Current Assets	0.53	0.91	0.28	0.87	-0.86	0.65	0.0	0.54	0.0	-0.12	0.94	0.52	-0.59	0.91	0.21	0.89	0.63	0.54	-0.74	-0.27	0.93	0.4	0.18	0.61	-0.79

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Galantas Gold Account Relationship Matchups

Galantas Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	24.7M	23.7M	30.2M	30.3M	32.6M	17.1M
Total Current Liabilities	8.5M	9.0M	3.6M	14.0M	16.8M	17.6M
Total Stockholder Equity	14.2M	14.1M	19.4M	14.7M	11.4M	10.4M
Net Debt	1.2M	1.6M	3.6M	3.8M	7.9M	8.3M
Retained Earnings	(45.3M)	(48.5M)	(53.8M)	(70.5M)	(79.0M)	(75.1M)
Accounts Payable	1.1M	423.6K	1.5M	2.5M	2.1M	1.1M
Cash	1.9M	612.1K	1.1M	1.0M	2.6M	1.3M
Non Current Assets Total	22.3M	22.4M	27.8M	27.4M	28.4M	15.0M
Cash And Short Term Investments	1.9M	612.1K	1.1M	1.0M	2.6M	1.3M
Net Receivables	347.1K	355.9K	998.7K	420.7K	108.3K	102.9K
Common Stock Shares Outstanding	30.8M	34.0M	64.1M	89.4M	111.9M	117.5M
Liabilities And Stockholders Equity	24.7M	23.7M	30.2M	30.3M	32.6M	17.1M
Non Current Liabilities Total	2.0M	598.3K	7.3M	1.7M	4.4M	4.6M
Other Stockholder Equity	9.4M	9.7M	15.4M	1.0	0.9	0.86
Total Liab	10.5M	9.6M	10.8M	15.6M	21.2M	22.3M
Total Current Assets	2.4M	1.3M	2.5M	2.9M	4.2M	2.1M
Short Long Term Debt Total	3.1M	2.2M	4.7M	4.8M	10.5M	11.0M
Property Plant And Equipment Net	21.8M	21.9M	27.3M	26.9M	23.1M	24.2M
Non Currrent Assets Other	508.8K	523.2K	1.0	4.8M	4.3M	4.5M
Inventory	70.3K	81.2K	108.8K	83.2K	18.2K	17.3K
Accumulated Other Comprehensive Income	9.4M	9.7M	15.4M	15.5M	18.6M	19.5M
Short Term Debt	1.6M	2.2M	416.0K	4.8M	7.9M	8.3M
Other Current Liab	5.8M	6.4M	1.7M	6.6M	6.7M	3.6M
Common Stock	50.1M	52.9M	57.8M	69.7M	71.8M	42.2M
Other Assets	515.2K	521.4K	514.0K	(1.0)	(0.9)	(0.85)
Other Current Assets	69.6K	239.0K	281.2K	1.4M	1.5M	1.6M
Other Liab	578.2K	580.3K	598.3K	3.0M	3.5M	3.7M
Net Tangible Assets	15.8M	14.2M	14.1M	19.4M	22.3M	12.1M
Short Long Term Debt	4.1M	6.1M	5.5M	4.8M	6.1M	3.4M
Property Plant Equipment	17.2M	21.8M	21.9M	27.3M	31.4M	17.4M
Long Term Debt	1.1M	1.4M	4.2M	1.9M	2.2M	1.4M
Net Invested Capital	21.8M	19.6M	23.6M	14.7M	19.4M	20.2M
Net Working Capital	(6.1M)	(7.7M)	(1.1M)	(11.0M)	(12.6M)	(12.0M)
Capital Stock	50.1M	52.9M	57.8M	69.7M	71.8M	64.3M

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