Goldcliff Non Currrent Assets Other vs Cash And Short Term Investments 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 Non Currrent Assets Other and its Cash And Short Term Investments 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.

Non Currrent Assets Other vs Cash And Short Term Investments

Non Currrent Assets Other vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goldcliff Resource Corp Non Currrent Assets Other account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Goldcliff Resource's Non Currrent Assets Other and Cash And Short Term Investments is -0.18. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash And Short Term Investments 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 Non Currrent Assets Other and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Goldcliff Resource Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Currrent Assets Other i.e., Goldcliff Resource's Non Currrent Assets Other and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Goldcliff Resource Corp balance sheet. This account contains Goldcliff Resource investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Goldcliff Resource Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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
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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

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