Goldenstone Cash And Short Term Investments vs Common Stock Analysis

GDSTU Stock

USD 11.41 0.00 0.00%

Goldenstone Acquisition financial indicator trend analysis is much more than just examining Goldenstone Acquisition latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Goldenstone Acquisition is a good investment. Please check the relationship between Goldenstone Acquisition Cash And Short Term Investments and its Common Stock accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldenstone Acquisition Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Goldenstone Stock please use our How to Invest in Goldenstone Acquisition guide.

Cash And Short Term Investments vs Common Stock

Cash And Short Term Investments vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goldenstone Acquisition Cash And Short Term Investments account and Common Stock. At this time, the significance of the direction appears to have weak relationship.

The correlation between Goldenstone Acquisition's Cash And Short Term Investments and Common Stock is 0.37. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Common Stock in the same time period over historical financial statements of Goldenstone Acquisition Ltd, assuming nothing else is changed. The correlation between historical values of Goldenstone Acquisition's Cash And Short Term Investments and Common 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 Cash And Short Term Investments of Goldenstone Acquisition Ltd are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Cash And Short Term Investments i.e., Goldenstone Acquisition's Cash And Short Term Investments and Common Stock go up and down completely randomly.

Correlation Coefficient

0.37

Relationship Direction	Positive
Relationship Strength	Very Weak

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Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Goldenstone Acquisition balance sheet. This account contains Goldenstone Acquisition investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Goldenstone Acquisition Ltd 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.

Common Stock

Most indicators from Goldenstone Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Goldenstone Acquisition 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 Goldenstone Acquisition Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Goldenstone Stock please use our How to Invest in Goldenstone Acquisition guide.At this time, Goldenstone Acquisition's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 38.48 in 2024, whereas Tax Provision is likely to drop slightly above 336.5 K in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	55.7K	1.0M	847.1K	533.7K
Depreciation And Amortization	55.7K	1.0K	3.1M	3.2M

Other Operating Expenses Depreciation And Amortization

Goldenstone Acquisition fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Short Term Debt	Common Stock	Other Current Liab	Other Current Assets	Net Receivables	Inventory	Short Term Investments
Total Assets		0.69	0.68	1.0	0.39	-0.74	0.46	1.0	1.0	0.46	0.93	1.0	-0.74	0.92	1.0	0.69	0.65	1.0	-0.51	0.69	1.0	0.79	0.65	-0.53	0.58	-0.53
Short Long Term Debt Total	0.69		0.99	0.68	0.89	-0.96	-0.02	0.69	0.69	-0.02	0.73	0.71	-0.78	0.84	0.69	1.0	0.06	0.71	-0.93	1.0	0.71	0.83	0.26	-0.94	0.94	-0.94
Total Current Liabilities	0.68	0.99		0.67	0.93	-0.99	-0.15	0.68	0.68	-0.15	0.71	0.7	-0.86	0.85	0.67	0.99	-0.03	0.72	-0.97	0.99	0.72	0.89	0.38	-0.93	0.92	-0.93
Total Stockholder Equity	1.0	0.68	0.67		0.38	-0.73	0.47	1.0	1.0	0.47	0.93	1.0	-0.73	0.91	1.0	0.68	0.67	0.99	-0.49	0.68	0.99	0.78	0.65	-0.52	0.56	-0.52
Net Debt	0.39	0.89	0.93	0.38		-0.91	-0.48	0.4	0.4	-0.48	0.45	0.42	-0.8	0.66	0.39	0.89	-0.39	0.45	-0.99	0.89	0.45	0.8	0.29	-0.87	0.87	-0.87
Retained Earnings	-0.74	-0.96	-0.99	-0.73	-0.91		0.13	-0.75	-0.74	0.13	-0.75	-0.76	0.92	-0.9	-0.74	-0.96	-0.02	-0.78	0.96	-0.96	-0.78	-0.94	-0.49	0.88	-0.91	0.88
Cash	0.46	-0.02	-0.15	0.47	-0.48	0.13		0.45	0.45	1.0	0.4	0.44	0.25	0.18	0.46	-0.02	0.95	0.37	0.37	-0.02	0.37	-0.15	-0.13	0.1	-0.11	0.1
Non Current Assets Total	1.0	0.69	0.68	1.0	0.4	-0.75	0.45		1.0	0.45	0.93	1.0	-0.75	0.92	1.0	0.69	0.65	1.0	-0.52	0.69	1.0	0.8	0.65	-0.53	0.58	-0.53
Non Currrent Assets Other	1.0	0.69	0.68	1.0	0.4	-0.74	0.45	1.0		0.45	0.93	1.0	-0.75	0.92	1.0	0.69	0.65	1.0	-0.51	0.69	1.0	0.8	0.65	-0.53	0.58	-0.53
Cash And Short Term Investments	0.46	-0.02	-0.15	0.47	-0.48	0.13	1.0	0.45	0.45		0.4	0.44	0.25	0.18	0.46	-0.02	0.95	0.37	0.37	-0.02	0.37	-0.15	-0.13	0.1	-0.11	0.1
Common Stock Shares Outstanding	0.93	0.73	0.71	0.93	0.45	-0.75	0.4	0.93	0.93	0.4		0.92	-0.72	0.8	0.93	0.73	0.58	0.92	-0.54	0.73	0.92	0.71	0.58	-0.69	0.5	-0.69
Non Current Liabilities Total	1.0	0.71	0.7	1.0	0.42	-0.76	0.44	1.0	1.0	0.44	0.92		-0.76	0.93	1.0	0.71	0.63	1.0	-0.54	0.71	1.0	0.81	0.64	-0.55	0.61	-0.55
Other Stockholder Equity	-0.74	-0.78	-0.86	-0.73	-0.8	0.92	0.25	-0.75	-0.75	0.25	-0.72	-0.76		-0.86	-0.74	-0.78	0.01	-0.8	0.84	-0.78	-0.8	-0.97	-0.79	0.69	-0.71	0.69
Total Liab	0.92	0.84	0.85	0.91	0.66	-0.9	0.18	0.92	0.92	0.18	0.8	0.93	-0.86		0.91	0.84	0.36	0.94	-0.75	0.84	0.94	0.94	0.59	-0.65	0.83	-0.65
Net Invested Capital	1.0	0.69	0.67	1.0	0.39	-0.74	0.46	1.0	1.0	0.46	0.93	1.0	-0.74	0.91		0.69	0.66	0.99	-0.5	0.69	0.99	0.79	0.64	-0.53	0.57	-0.53
Short Long Term Debt	0.69	1.0	0.99	0.68	0.89	-0.96	-0.02	0.69	0.69	-0.02	0.73	0.71	-0.78	0.84	0.69		0.06	0.71	-0.93	1.0	0.71	0.83	0.26	-0.94	0.94	-0.94
Total Current Assets	0.65	0.06	-0.03	0.67	-0.39	-0.02	0.95	0.65	0.65	0.95	0.58	0.63	0.01	0.36	0.66	0.06		0.58	0.26	0.06	0.58	0.07	0.18	0.05	-0.05	0.05
Capital Stock	1.0	0.71	0.72	0.99	0.45	-0.78	0.37	1.0	1.0	0.37	0.92	1.0	-0.8	0.94	0.99	0.71	0.58		-0.56	0.71	1.0	0.85	0.69	-0.55	0.61	-0.55
Net Working Capital	-0.51	-0.93	-0.97	-0.49	-0.99	0.96	0.37	-0.52	-0.51	0.37	-0.54	-0.54	0.84	-0.75	-0.5	-0.93	0.26	-0.56		-0.93	-0.56	-0.86	-0.33	0.89	-0.92	0.89
Short Term Debt	0.69	1.0	0.99	0.68	0.89	-0.96	-0.02	0.69	0.69	-0.02	0.73	0.71	-0.78	0.84	0.69	1.0	0.06	0.71	-0.93		0.71	0.83	0.26	-0.94	0.94	-0.94
Common Stock	1.0	0.71	0.72	0.99	0.45	-0.78	0.37	1.0	1.0	0.37	0.92	1.0	-0.8	0.94	0.99	0.71	0.58	1.0	-0.56	0.71		0.85	0.69	-0.55	0.61	-0.55
Other Current Liab	0.79	0.83	0.89	0.78	0.8	-0.94	-0.15	0.8	0.8	-0.15	0.71	0.81	-0.97	0.94	0.79	0.83	0.07	0.85	-0.86	0.83	0.85		0.71	-0.68	0.81	-0.68
Other Current Assets	0.65	0.26	0.38	0.65	0.29	-0.49	-0.13	0.65	0.65	-0.13	0.58	0.64	-0.79	0.59	0.64	0.26	0.18	0.69	-0.33	0.26	0.69	0.71		-0.16	0.17	-0.16
Net Receivables	-0.53	-0.94	-0.93	-0.52	-0.87	0.88	0.1	-0.53	-0.53	0.1	-0.69	-0.55	0.69	-0.65	-0.53	-0.94	0.05	-0.55	0.89	-0.94	-0.55	-0.68	-0.16		-0.8	1.0
Inventory	0.58	0.94	0.92	0.56	0.87	-0.91	-0.11	0.58	0.58	-0.11	0.5	0.61	-0.71	0.83	0.57	0.94	-0.05	0.61	-0.92	0.94	0.61	0.81	0.17	-0.8		-0.8
Short Term Investments	-0.53	-0.94	-0.93	-0.52	-0.87	0.88	0.1	-0.53	-0.53	0.1	-0.69	-0.55	0.69	-0.65	-0.53	-0.94	0.05	-0.55	0.89	-0.94	-0.55	-0.68	-0.16	1.0	-0.8

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Goldenstone Cash And Short Term Investments vs Common Stock Analysis

Cash And Short Term Investments vs Common Stock

Cash And Short Term Investments vs Common Stock Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Common Stock

Goldenstone Acquisition fundamental ratios Correlations

Goldenstone Acquisition Account Relationship Matchups

High Positive Relationship

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COMMON DESTINATIONS

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Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Currrent Assets Other	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Capital Stock	+ 1.0	Total Assets

Net Working Capital	- 0.99	Net Debt
Retained Earnings	- 0.99	Total Current Liabilities
Other Current Liab	- 0.97	Other Stockholder Equity
Net Working Capital	- 0.97	Total Current Liabilities
Short Term Debt	- 0.96	Retained Earnings
Short Long Term Debt	- 0.96	Retained Earnings