Goldenstone Debt To Equity vs Current Ratio Analysis

GDSTW Stock

USD 0.03 0 3.70%

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 Debt To Equity and its Current Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldenstone Acquisition Limited. 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.

Debt To Equity vs Current Ratio

Debt To Equity vs Current Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goldenstone Acquisition Debt To Equity account and Current Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Goldenstone Acquisition's Debt To Equity and Current Ratio is -0.44. Overlapping area represents the amount of variation of Debt To Equity that can explain the historical movement of Current Ratio in the same time period over historical financial statements of Goldenstone Acquisition Limited, assuming nothing else is changed. The correlation between historical values of Goldenstone Acquisition's Debt To Equity and Current 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 Debt To Equity of Goldenstone Acquisition Limited are associated (or correlated) with its Current Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Ratio has no effect on the direction of Debt To Equity i.e., Goldenstone Acquisition's Debt To Equity and Current Ratio go up and down completely randomly.

Correlation Coefficient

-0.44

Relationship Direction	Negative
Relationship Strength	Very Weak

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Debt To Equity

A measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.

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 Limited. 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 fairly stable compared to the past year. Enterprise Value Multiple is likely to climb 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	-0.75	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	-0.75	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
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	-0.52	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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C	Citigroup
GM	General Motors
F	Ford Motor

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Goldenstone Debt To Equity vs Current Ratio Analysis

Debt To Equity vs Current Ratio

Debt To Equity vs Current Ratio Correlation Analysis

Correlation Coefficient

Debt To Equity

Current Ratio

Goldenstone Acquisition fundamental ratios Correlations

Goldenstone Acquisition Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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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