| GAU Stock | | | USD 1.33 0.08 5.67% |
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 Total Liab and its Accounts Payable 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.
Total Liab vs Accounts Payable
Total Liab vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Galiano Gold Total Liab account and
Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Galiano Gold's Total Liab and Accounts Payable is 0.95. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Accounts Payable 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 Total Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Galiano Gold are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Liab i.e., Galiano Gold's Total Liab and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.95 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Accounts Payable
An accounting item on the balance sheet that represents Galiano Gold obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Galiano Gold are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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
Galiano Gold fundamental ratios Correlations
Click cells to compare fundamentals
Galiano Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Galiano Gold fundamental ratios Accounts
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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.