| GENM Stock | | | CAD 0.14 0.02 12.50% |
Generation Mining financial indicator trend analysis is much more than just examining Generation Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Generation Mining is a good investment. Please check the relationship between Generation Mining Common Stock Total Equity and its Current Deferred Revenue accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Generation Mining. 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.
Common Stock Total Equity vs Current Deferred Revenue
Common Stock Total Equity vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Generation Mining Common Stock Total Equity account and
Current Deferred Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Generation Mining's Common Stock Total Equity and Current Deferred Revenue is 0.81. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Generation Mining, assuming nothing else is changed. The correlation between historical values of Generation Mining's Common Stock Total Equity and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Generation Mining are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Common Stock Total Equity i.e., Generation Mining's Common Stock Total Equity and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.81 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Generation Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Generation Mining 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 Generation Mining. 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.
At this time, Generation Mining's
Selling General Administrative is very stable compared to the past year. As of the 21st of December 2024,
Enterprise Value is likely to grow to about 42.1
M, while
Issuance Of Capital Stock is likely to drop about 8.9
M.
Generation Mining fundamental ratios Correlations
Click cells to compare fundamentals
Generation Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Generation Mining fundamental ratios Accounts
Other Information on Investing in Generation Stock
Balance Sheet is a snapshot of the
financial position of Generation Mining at a specified time, usually calculated after every quarter, six months, or one year. Generation Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Generation Mining and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Generation currently owns. An asset can also be divided into two categories, current and non-current.