Goldcliff Days Payables Outstanding vs Price To Sales Ratio Analysis

GCN Stock  CAD 0.03  0.00  0.00%   
Goldcliff Resource financial indicator trend analysis is much more than just examining Goldcliff Resource Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Goldcliff Resource Corp is a good investment. Please check the relationship between Goldcliff Resource Days Payables Outstanding 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 Goldcliff Resource 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.

Days Payables Outstanding vs Price To Sales Ratio

Days Payables Outstanding vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goldcliff Resource Corp Days Payables Outstanding account and Price To Sales Ratio. At this time, the significance of the direction appears to have very week relationship.
The correlation between Goldcliff Resource's Days Payables Outstanding and Price To Sales Ratio is 0.25. Overlapping area represents the amount of variation of Days Payables Outstanding that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Goldcliff Resource Corp, assuming nothing else is changed. The correlation between historical values of Goldcliff Resource's Days Payables Outstanding 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 Days Payables Outstanding of Goldcliff Resource 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 Days Payables Outstanding i.e., Goldcliff Resource's Days Payables Outstanding and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

Days Payables Outstanding

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Goldcliff Resource Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Goldcliff Resource sales, a figure that is much harder to manipulate than other Goldcliff Resource 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 Goldcliff Resource's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Goldcliff Resource 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 Goldcliff Resource 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.
Selling General Administrative is likely to drop to about 110 K in 2024. Issuance Of Capital Stock is likely to drop to about 181.9 K in 2024

Goldcliff Resource fundamental ratios Correlations

-0.850.980.15-0.72-0.13-0.40.790.240.190.85-0.170.35-0.160.13-0.860.850.25-0.68-0.13-0.490.880.350.30.580.58
-0.85-0.94-0.320.420.010.4-0.51-0.48-0.35-0.530.17-0.360.29-0.331.0-0.53-0.140.870.30.69-0.76-0.35-0.5-0.49-0.49
0.98-0.940.24-0.63-0.1-0.420.710.350.250.76-0.180.39-0.20.2-0.930.760.23-0.78-0.21-0.580.870.370.390.580.58
0.15-0.320.240.32-0.41-0.37-0.160.83-0.11-0.14-0.250.810.37-0.1-0.25-0.150.47-0.57-0.72-0.160.340.450.620.530.53
-0.720.42-0.630.320.090.08-0.980.360.13-0.930.030.18-0.020.220.45-0.93-0.090.16-0.520.26-0.650.170.15-0.13-0.13
-0.130.01-0.1-0.410.090.2-0.220.110.85-0.280.01-0.66-0.880.820.0-0.27-0.940.230.12-0.05-0.54-0.55-0.6-0.65-0.65
-0.40.4-0.42-0.370.080.2-0.17-0.38-0.09-0.210.72-0.410.01-0.080.39-0.18-0.270.60.32-0.34-0.41-0.33-0.45-0.45-0.45
0.79-0.510.71-0.16-0.98-0.22-0.17-0.25-0.190.95-0.09-0.010.11-0.28-0.520.950.23-0.310.39-0.310.77-0.050.020.290.29
0.24-0.480.350.830.360.11-0.38-0.250.47-0.22-0.260.58-0.20.46-0.42-0.230.01-0.59-0.81-0.250.160.330.40.340.34
0.19-0.350.25-0.110.130.85-0.09-0.190.47-0.18-0.08-0.24-0.950.98-0.35-0.17-0.73-0.15-0.3-0.2-0.25-0.13-0.26-0.24-0.24
0.85-0.530.76-0.14-0.93-0.28-0.210.95-0.22-0.18-0.050.120.12-0.25-0.551.00.3-0.330.31-0.310.820.120.030.390.39
-0.170.17-0.18-0.250.030.010.72-0.09-0.26-0.08-0.05-0.110.03-0.040.16-0.02-0.060.40.1-0.38-0.160.02-0.23-0.15-0.15
0.35-0.360.390.810.18-0.66-0.41-0.010.58-0.240.12-0.110.46-0.19-0.310.120.77-0.54-0.76-0.140.560.850.710.810.81
-0.160.29-0.20.37-0.02-0.880.010.11-0.2-0.950.120.030.46-0.930.310.110.810.040.060.180.290.270.360.350.35
0.13-0.330.2-0.10.220.82-0.08-0.280.460.98-0.25-0.04-0.19-0.93-0.33-0.24-0.69-0.13-0.37-0.19-0.28-0.03-0.22-0.25-0.25
-0.861.0-0.93-0.250.450.00.39-0.52-0.42-0.35-0.550.16-0.310.31-0.33-0.55-0.140.860.260.68-0.76-0.34-0.49-0.48-0.48
0.85-0.530.76-0.15-0.93-0.27-0.180.95-0.23-0.171.0-0.020.120.11-0.24-0.550.29-0.320.32-0.330.820.120.010.380.38
0.25-0.140.230.47-0.09-0.94-0.270.230.01-0.730.3-0.060.770.81-0.69-0.140.29-0.36-0.28-0.030.630.710.730.760.76
-0.680.87-0.78-0.570.160.230.6-0.31-0.59-0.15-0.330.4-0.540.04-0.130.86-0.32-0.360.430.5-0.72-0.43-0.76-0.66-0.66
-0.130.3-0.21-0.72-0.520.120.320.39-0.81-0.30.310.1-0.760.06-0.370.260.32-0.280.430.11-0.12-0.7-0.53-0.46-0.46
-0.490.69-0.58-0.160.26-0.05-0.34-0.31-0.25-0.2-0.31-0.38-0.140.18-0.190.68-0.33-0.030.50.11-0.46-0.13-0.28-0.22-0.22
0.88-0.760.870.34-0.65-0.54-0.410.770.16-0.250.82-0.160.560.29-0.28-0.760.820.63-0.72-0.12-0.460.490.560.730.73
0.35-0.350.370.450.17-0.55-0.33-0.050.33-0.130.120.020.850.27-0.03-0.340.120.71-0.43-0.7-0.130.490.670.750.75
0.3-0.50.390.620.15-0.6-0.450.020.4-0.260.03-0.230.710.36-0.22-0.490.010.73-0.76-0.53-0.280.560.670.780.78
0.58-0.490.580.53-0.13-0.65-0.450.290.34-0.240.39-0.150.810.35-0.25-0.480.380.76-0.66-0.46-0.220.730.750.781.0
0.58-0.490.580.53-0.13-0.65-0.450.290.34-0.240.39-0.150.810.35-0.25-0.480.380.76-0.66-0.46-0.220.730.750.781.0
Click cells to compare fundamentals

Goldcliff Resource Account Relationship Matchups

Goldcliff Resource fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8M1.4M853.8K921.2K829.1K787.7K
Total Current Liabilities151.5K85.3K238.1K293.2K337.1K307.8K
Total Stockholder Equity1.7M1.3M615.7K628.1K565.3K537.0K
Property Plant And Equipment Net241.1K412.6K547.7K775.6K698.0K1.4M
Net Debt(1.0M)(429.8K)78.6K152.3K175.2K183.9K
Retained Earnings(17.8M)(18.6M)(19.6M)(19.9M)(17.9M)(17.0M)
Accounts Payable29.0K32.3K18.0K17.3K15.6K14.8K
Cash1.0M429.8K96.4K22.7K26.1K24.8K
Non Current Assets Total291.9K483.5K616.8K844.7K760.2K1.5M
Non Currrent Assets Other36.7K50.8K70.9K69.1K62.2K111.2K
Cash And Short Term Investments1.5M869.8K206.4K63.9K73.5K69.8K
Net Receivables12.3K26.3K30.7K12.6K11.4K10.8K
Common Stock Shares Outstanding42.1M49.3M59.9M62.7M72.1M75.7M
Liabilities And Stockholders Equity1.8M1.4M853.8K921.2K829.1K787.7K
Total Liab151.5K85.3K238.1K293.2K337.1K395.9K
Total Current Assets1.6M901.8K237.0K76.6K88.0K83.6K
Common Stock17.0M17.7M18.1M18.6M21.4M15.6M
Other Stockholder Equity2.0M2.5M2.3M2.1M1.9M1.8M
Accumulated Other Comprehensive Income2.5M2.3M2.1M2.0M2.2M1.7M
Other Current Liab122.5K52.9K45.2K293.2K263.8K177.1K
Net Tangible Assets1.3M1.7M1.3M615.7K708.1K514.1K
Other Assets36.7K50.8K70.9K69.1K79.5K49.3K
Property Plant Equipment474.6K241.1K412.6K547.7K629.9K376.1K
Net Invested Capital1.7M1.3M790.7K803.1K923.5K1.0M
Net Working Capital1.4M816.6K(1.1K)(216.6K)(249.1K)(236.6K)
Capital Stock17.0M17.7M18.1M18.6M21.4M18.7M

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 Goldcliff Stock Analysis

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