Golden Short Term Debt vs Capital Stock Analysis

GDP Stock  CAD 0.18  0.02  10.00%   
Golden Pursuit financial indicator trend analysis is much more than just examining Golden Pursuit Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Golden Pursuit Resources is a good investment. Please check the relationship between Golden Pursuit Short Term Debt and its Capital Stock accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Pursuit Resources. 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.

Short Term Debt vs Capital Stock

Short Term Debt vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Golden Pursuit Resources Short Term Debt account and Capital Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Golden Pursuit's Short Term Debt and Capital Stock is 0.86. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Golden Pursuit Resources, assuming nothing else is changed. The correlation between historical values of Golden Pursuit's Short Term Debt and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Golden Pursuit Resources are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Short Term Debt i.e., Golden Pursuit's Short Term Debt and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Short Term Debt

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from Golden Pursuit's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Golden Pursuit Resources 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 Golden Pursuit Resources. 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 118.3 K in 2024. Issuance Of Capital Stock is likely to drop to about 556.1 K in 2024

Golden Pursuit fundamental ratios Correlations

0.580.380.190.25-0.780.690.440.530.820.360.910.790.680.640.780.30.180.680.680.710.680.770.75
0.580.9-0.6-0.57-0.80.820.00.390.810.880.360.740.580.680.72-0.51-0.610.830.830.690.830.760.76
0.380.9-0.81-0.76-0.720.76-0.060.490.751.00.120.690.490.640.67-0.75-0.810.730.730.690.730.650.67
0.19-0.6-0.810.990.3-0.350.38-0.25-0.3-0.820.44-0.26-0.13-0.23-0.250.980.98-0.37-0.37-0.26-0.37-0.21-0.24
0.25-0.57-0.760.990.22-0.280.45-0.22-0.23-0.770.48-0.18-0.04-0.13-0.160.970.96-0.32-0.32-0.17-0.32-0.13-0.15
-0.78-0.8-0.720.30.22-0.9-0.33-0.53-0.84-0.71-0.59-0.86-0.67-0.74-0.890.220.32-0.84-0.84-0.81-0.84-0.86-0.86
0.690.820.76-0.35-0.28-0.90.150.550.880.750.440.880.830.920.89-0.31-0.430.790.790.890.790.960.96
0.440.0-0.060.380.45-0.330.15-0.20.37-0.070.560.460.090.120.460.380.40.460.460.470.460.260.27
0.530.390.49-0.25-0.22-0.530.55-0.20.550.50.360.520.480.460.51-0.16-0.250.310.310.450.310.470.47
0.820.810.75-0.3-0.23-0.840.880.370.550.740.610.980.760.780.95-0.21-0.320.910.910.950.910.890.9
0.360.881.0-0.82-0.77-0.710.75-0.070.50.740.10.680.480.630.66-0.76-0.820.710.710.680.710.640.66
0.910.360.120.440.48-0.590.440.560.360.610.10.580.370.360.560.550.460.530.530.490.530.50.48
0.790.740.69-0.26-0.18-0.860.880.460.520.980.680.580.780.770.99-0.19-0.290.920.920.970.920.90.91
0.680.580.49-0.13-0.04-0.670.830.090.480.760.480.370.780.90.81-0.12-0.250.570.570.80.570.930.93
0.640.680.64-0.23-0.13-0.740.920.120.460.780.630.360.770.90.79-0.22-0.350.590.590.840.590.940.94
0.780.720.67-0.25-0.16-0.890.890.460.510.950.660.560.990.810.79-0.2-0.30.890.890.970.890.930.94
0.3-0.51-0.750.980.970.22-0.310.38-0.16-0.21-0.760.55-0.19-0.12-0.22-0.20.99-0.29-0.29-0.23-0.29-0.18-0.21
0.18-0.61-0.810.980.960.32-0.430.4-0.25-0.32-0.820.46-0.29-0.25-0.35-0.30.99-0.36-0.36-0.32-0.36-0.31-0.33
0.680.830.73-0.37-0.32-0.840.790.460.310.910.710.530.920.570.590.89-0.29-0.361.00.861.00.780.79
0.680.830.73-0.37-0.32-0.840.790.460.310.910.710.530.920.570.590.89-0.29-0.361.00.861.00.780.79
0.710.690.69-0.26-0.17-0.810.890.470.450.950.680.490.970.80.840.97-0.23-0.320.860.860.860.910.93
0.680.830.73-0.37-0.32-0.840.790.460.310.910.710.530.920.570.590.89-0.29-0.361.01.00.860.780.79
0.770.760.65-0.21-0.13-0.860.960.260.470.890.640.50.90.930.940.93-0.18-0.310.780.780.910.781.0
0.750.760.67-0.24-0.15-0.860.960.270.470.90.660.480.910.930.940.94-0.21-0.330.790.790.930.791.0
Click cells to compare fundamentals

Golden Pursuit Account Relationship Matchups

Golden Pursuit fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets167.2K339.0K190.2K204.0K234.6K159.6K
Other Current Liab77.5K237.2K29.8K177.3K203.9K214.1K
Total Current Liabilities68.9K97.2K348.8K459.7K528.7K555.1K
Total Stockholder Equity98.3K262.4K(158.6K)(255.7K)(230.1K)(218.6K)
Net Tangible Assets(493.9K)98.3K242.7K(158.6K)(182.4K)(173.3K)
Retained Earnings(19.1M)(19.8M)(20.9M)(21.7M)(19.5M)(20.5M)
Accounts Payable31.1K97.2K165.2K124.9K143.7K150.9K
Cash89.8K54.0K11.0K50.0K57.5K37.6K
Net Receivables14.1K7.3K62.2K38.5K44.3K27.9K
Other Stockholder Equity5.3M5.4M5.9M5.8M6.7M5.8M
Total Liab68.9K76.6K348.8K459.7K528.7K555.1K
Total Current Assets162.5K246.1K76.7K97.4K112.0K102.0K
Common Stock12.3M13.8M14.2M14.9M17.1M14.1M
Non Current Assets Total4.7K93.9K113.5K106.6K122.6K63.8K
Property Plant Equipment15.8K4.7K93.9K113.5K130.5K137.0K
Common Stock Shares Outstanding25.2M28.6M34.0M39.0M44.8M26.8M
Net Invested Capital98.3K262.4K(158.6K)(255.7K)(230.1K)(218.6K)
Net Working Capital93.6K168.5K(272.1K)(362.3K)(326.1K)(309.8K)
Capital Stock13.8M14.2M14.9M15.4M17.7M15.2M

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 Golden Stock Analysis

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