Galiano Inventory vs Total Assets Analysis

GAU Stock  USD 1.38  0.04  2.99%   
Galiano Gold financial indicator trend analysis is much more than just examining Galiano Gold latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Galiano Gold is a good investment. Please check the relationship between Galiano Gold Inventory and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galiano Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Galiano Stock please use our How to Invest in Galiano Gold guide.

Inventory vs Total Assets

Inventory vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Galiano Gold Inventory account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Galiano Gold's Inventory and Total Assets is 0.75. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Assets in the same time period over historical financial statements of Galiano Gold, assuming nothing else is changed. The correlation between historical values of Galiano Gold's Inventory and Total 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 Inventory of Galiano Gold are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Inventory i.e., Galiano Gold's Inventory and Total Assets go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Inventory

Total Assets

Total assets refers to the total amount of Galiano Gold assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Galiano Gold books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Galiano Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Galiano Gold 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 Galiano Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Galiano Stock please use our How to Invest in Galiano Gold guide.Selling General Administrative is likely to drop to about 10.3 M in 2024. Sales General And Administrative To Revenue is likely to drop to 0.08 in 2024
 2021 2022 2023 2024 (projected)
Cost Of Revenue146.7K140.2K145.6K138.3K
Interest Income257K1.0M2.7M2.5M

Galiano Gold fundamental ratios Correlations

0.90.960.460.30.180.20.260.940.360.410.850.660.860.940.950.94-0.230.730.950.480.780.340.350.750.83
0.90.770.660.27-0.06-0.050.230.960.120.290.940.750.950.930.950.92-0.330.70.950.430.780.150.270.810.86
0.960.770.30.240.30.310.30.830.440.490.710.610.720.830.840.87-0.070.680.840.380.670.470.420.610.7
0.460.660.3-0.12-0.77-0.750.440.62-0.620.30.720.420.760.590.580.73-0.080.10.580.580.55-0.150.360.630.44
0.30.270.24-0.120.440.43-0.830.360.49-0.720.150.10.20.380.40.13-0.220.620.39-0.050.28-0.52-0.760.260.66
0.18-0.060.3-0.770.441.0-0.410.030.97-0.17-0.15-0.06-0.20.060.08-0.16-0.240.440.07-0.29-0.060.29-0.27-0.160.19
0.2-0.050.31-0.750.431.0-0.390.040.97-0.15-0.14-0.07-0.180.070.1-0.14-0.240.440.09-0.29-0.060.29-0.25-0.150.2
0.260.230.30.44-0.83-0.41-0.390.16-0.360.930.30.280.280.140.120.420.18-0.280.130.290.140.670.960.14-0.22
0.940.960.830.620.360.030.040.160.230.260.940.640.951.01.00.93-0.410.741.00.560.830.120.220.840.92
0.360.120.44-0.620.490.970.97-0.360.23-0.110.050.070.010.260.270.02-0.350.580.26-0.080.170.32-0.220.080.36
0.410.290.490.3-0.72-0.17-0.150.930.26-0.110.360.330.310.240.230.480.16-0.050.230.320.220.790.980.2-0.09
0.850.940.710.720.15-0.15-0.140.30.940.050.360.560.990.920.920.89-0.430.580.920.620.750.190.340.820.83
0.660.750.610.420.1-0.06-0.070.280.640.070.330.560.610.590.620.680.020.580.620.180.680.30.320.660.48
0.860.950.720.760.2-0.2-0.180.280.950.010.310.990.610.930.920.92-0.390.580.920.650.810.150.310.870.84
0.940.930.830.590.380.060.070.141.00.260.240.920.590.931.00.91-0.430.740.990.590.830.10.20.840.92
0.950.950.840.580.40.080.10.121.00.270.230.920.620.921.00.91-0.410.761.00.520.80.10.180.810.93
0.940.920.870.730.13-0.16-0.140.420.930.020.480.890.680.920.910.91-0.120.550.920.540.770.260.460.770.75
-0.23-0.33-0.07-0.08-0.22-0.24-0.240.18-0.41-0.350.16-0.430.02-0.39-0.43-0.41-0.12-0.29-0.41-0.38-0.370.040.15-0.39-0.48
0.730.70.680.10.620.440.44-0.280.740.58-0.050.580.580.580.740.760.55-0.290.760.230.660.02-0.170.660.82
0.950.950.840.580.390.070.090.131.00.260.230.920.620.920.991.00.92-0.410.760.530.80.10.190.810.93
0.480.430.380.58-0.05-0.29-0.290.290.56-0.080.320.620.180.650.590.520.54-0.380.230.530.730.110.30.770.43
0.780.780.670.550.28-0.06-0.060.140.830.170.220.750.680.810.830.80.77-0.370.660.80.730.10.190.970.71
0.340.150.47-0.15-0.520.290.290.670.120.320.790.190.30.150.10.10.260.040.020.10.110.10.740.07-0.11
0.350.270.420.36-0.76-0.27-0.250.960.22-0.220.980.340.320.310.20.180.460.15-0.170.190.30.190.740.17-0.15
0.750.810.610.630.26-0.16-0.150.140.840.080.20.820.660.870.840.810.77-0.390.660.810.770.970.070.170.74
0.830.860.70.440.660.190.2-0.220.920.36-0.090.830.480.840.920.930.75-0.480.820.930.430.71-0.11-0.150.74
Click cells to compare fundamentals

Galiano Gold Account Relationship Matchups

Galiano Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets144.5M203.6M136.2M179.9M213.3M214.2M
Total Current Liabilities2.3M3.6M2.6M1.5M12.0M10.9M
Total Stockholder Equity141.3M198.9M132.8M173.7M200.9M169.9M
Net Debt(30.5M)(61.6M)(53.1M)(55.8M)(55.1M)(57.8M)
Retained Earnings(487.2M)(429.8M)(498.7M)(457.9M)(431.8M)(410.2M)
Cash31.1M62.2M53.5M56.1M55.3M70.5M
Cash And Short Term Investments31.1M62.2M53.5M56.1M55.3M65.0M
Common Stock Shares Outstanding225.9M224.9M224.7M224.9M225.2M236.4M
Liabilities And Stockholders Equity144.5M203.6M136.2M179.9M213.3M214.2M
Total Liab3.2M4.7M3.4M6.2M12.4M11.8M
Total Current Assets35.8M65.5M61.7M58.6M57.1M77.4M
Common Stock578.9M578.4M578.8M579.6M579.6M470.1M
Other Current Assets347K529K766K756K764K706.1K
Other Stockholder Equity50.1M50.0M70.2K23.6K53.1M48.3M
Accounts Payable2.2M2.5M2.1M4.2M8.5M8.7M
Non Current Liabilities Total930K1.1M790K4.7M396K376.2K
Accumulated Other Comprehensive Income50.1M50.0M51.8M52.0M52.8M27.5M
Property Plant And Equipment Net679K591K2.1M332K225K213.8K
Non Current Assets Total108.7M138.0M74.5M121.3M156.2M171.0M
Non Currrent Assets Other173.1M25K78.3M798.1K917.8K871.9K
Property Plant And Equipment Gross679K591K2.1M332K225K213.8K
Net Receivables4.3M2.9M7.4M1.7M1.1M1.0M
Other Current Liab2.2M1.0M(2.1M)1.4M3.3M3.2M
Common Stock Total Equity561.4M578.9M578.4M578.8M665.6M513.8M
Long Term Debt Total514K421K312K204K183.6K174.4K
Short Term Debt83K94K107K110K125K118.8K
Property Plant Equipment679K591K2.1M332K298.8K283.9K
Other Liab300K416K668K478K430.2K408.7K
Net Tangible Assets141.3M198.9M132.8M173.7M156.3M206.1M
Cash And Equivalents31.1M62.2M53.5M56.1M64.5M50.6M
Net Invested Capital141.3M198.9M132.8M173.7M200.9M199.3M
Net Working Capital33.5M61.9M59.0M57.1M53.8M44.7M
Long Term Investments108.0M137.5M72.4M121.0M156.0M119.2M

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Additional Tools for Galiano Stock Analysis

When running Galiano Gold's price analysis, check to measure Galiano 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 Galiano Gold is operating at the current time. Most of Galiano Gold's value examination focuses on studying past and present price action to predict the probability of Galiano 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 Galiano Gold's price. Additionally, you may evaluate how the addition of Galiano Gold to your portfolios can decrease your overall portfolio volatility.