Giga Common Stock Shares Outstanding vs Non Current Liabilities Total Analysis

GIGA Stock  CAD 0.11  0.01  8.33%   
Giga Metals financial indicator trend analysis is much more than just examining Giga Metals Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Giga Metals Corp is a good investment. Please check the relationship between Giga Metals Common Stock Shares Outstanding and its Non Current Liabilities Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Giga Metals 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 nation.

Common Stock Shares Outstanding vs Non Current Liabilities Total

Common Stock Shares Outstanding vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Giga Metals Corp Common Stock Shares Outstanding account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Giga Metals' Common Stock Shares Outstanding and Non Current Liabilities Total is 0.64. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Giga Metals Corp, assuming nothing else is changed. The correlation between historical values of Giga Metals' Common Stock Shares Outstanding and Non Current Liabilities Total 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 Shares Outstanding of Giga Metals Corp are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Common Stock Shares Outstanding i.e., Giga Metals' Common Stock Shares Outstanding and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Non Current Liabilities Total

Most indicators from Giga Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Giga Metals 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 Giga Metals 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 nation.
Selling General Administrative is likely to drop to about 1.5 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
 2023 2024 (projected)
Non Recurring19.4K16.7K
Interest Income123.1K129.3K

Giga Metals fundamental ratios Correlations

0.240.990.75-0.090.340.070.090.980.390.03-0.220.120.44-0.010.320.33-0.26-0.210.46-0.31-0.43-0.050.310.680.62
0.240.150.11-0.62-0.320.920.640.110.060.670.380.740.930.70.430.84-0.170.410.8-0.02-0.160.40.680.010.52
0.990.150.74-0.010.40.00.020.990.41-0.04-0.220.030.35-0.080.250.26-0.27-0.240.38-0.3-0.44-0.120.210.710.56
0.750.110.74-0.040.15-0.080.060.75-0.270.0-0.210.250.29-0.030.320.24-0.14-0.150.32-0.25-0.170.210.360.430.55
-0.09-0.62-0.01-0.040.45-0.59-1.00.070.17-0.940.07-0.55-0.6-0.89-0.46-0.370.15-0.54-0.470.2-0.25-0.41-0.470.23-0.14
0.34-0.320.40.150.45-0.17-0.470.430.36-0.52-0.29-0.7-0.33-0.55-0.77-0.16-0.22-0.48-0.10.6-0.62-0.82-0.450.880.14
0.070.920.0-0.08-0.59-0.170.6-0.060.060.660.370.560.740.690.150.69-0.20.50.620.21-0.150.210.50.060.4
0.090.640.020.06-1.0-0.470.6-0.07-0.180.94-0.060.590.630.890.470.41-0.150.530.5-0.210.250.440.49-0.240.15
0.980.110.990.750.070.43-0.06-0.070.42-0.14-0.270.00.32-0.190.220.25-0.22-0.340.38-0.26-0.49-0.130.230.730.6
0.390.060.41-0.270.170.360.06-0.180.42-0.21-0.03-0.250.13-0.21-0.10.16-0.12-0.260.16-0.06-0.45-0.44-0.170.410.08
0.030.67-0.040.0-0.94-0.520.660.94-0.14-0.210.170.630.590.980.480.42-0.170.690.39-0.230.320.430.43-0.30.08
-0.220.38-0.22-0.210.07-0.290.37-0.06-0.27-0.030.170.240.20.330.150.29-0.110.31-0.02-0.150.290.07-0.13-0.27-0.23
0.120.740.030.25-0.55-0.70.560.590.0-0.250.630.240.780.650.720.70.040.530.64-0.310.130.840.81-0.370.4
0.440.930.350.29-0.6-0.330.740.630.320.130.590.20.780.590.590.82-0.150.230.93-0.18-0.20.510.790.080.63
-0.010.7-0.08-0.03-0.89-0.550.690.89-0.19-0.210.980.330.650.590.490.45-0.180.740.36-0.250.360.430.39-0.340.03
0.320.430.250.32-0.46-0.770.150.470.22-0.10.480.150.720.590.490.310.030.310.38-0.820.320.780.65-0.420.29
0.330.840.260.24-0.37-0.160.690.410.250.160.420.290.70.820.450.31-0.10.230.760.05-0.30.30.570.10.5
-0.26-0.17-0.27-0.140.15-0.22-0.2-0.15-0.22-0.12-0.17-0.110.04-0.15-0.180.03-0.1-0.24-0.15-0.090.180.12-0.01-0.34-0.21
-0.210.41-0.24-0.15-0.54-0.480.50.53-0.34-0.260.690.310.530.230.740.310.23-0.240.03-0.10.240.40.28-0.38-0.06
0.460.80.380.32-0.47-0.10.620.50.380.160.39-0.020.640.930.360.380.76-0.150.030.08-0.390.410.780.290.71
-0.31-0.02-0.3-0.250.20.60.21-0.21-0.26-0.06-0.23-0.15-0.31-0.18-0.25-0.820.05-0.09-0.10.08-0.47-0.43-0.140.420.1
-0.43-0.16-0.44-0.17-0.25-0.62-0.150.25-0.49-0.450.320.290.13-0.20.360.32-0.30.180.24-0.39-0.470.41-0.17-0.73-0.5
-0.050.4-0.120.21-0.41-0.820.210.44-0.13-0.440.430.070.840.510.430.780.30.120.40.41-0.430.410.77-0.550.32
0.310.680.210.36-0.47-0.450.50.490.23-0.170.43-0.130.810.790.390.650.57-0.010.280.78-0.14-0.170.77-0.060.77
0.680.010.710.430.230.880.06-0.240.730.41-0.3-0.27-0.370.08-0.34-0.420.1-0.34-0.380.290.42-0.73-0.55-0.060.49
0.620.520.560.55-0.140.140.40.150.60.080.08-0.230.40.630.030.290.5-0.21-0.060.710.1-0.50.320.770.49
Click cells to compare fundamentals

Giga Metals Account Relationship Matchups

Giga Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.7M10.2M15.0M25.2M23.3M17.4M
Total Current Liabilities459.9K218.9K442.9K705.6K395.5K285.9K
Total Stockholder Equity6.9M9.6M14.1M20.5M19.0M16.5M
Property Plant And Equipment Net4.7M6.1M12.6M17.3M21.1M22.1M
Net Debt(1.3M)(3.5M)(1.3M)(7.0M)(1.4M)(1.5M)
Retained Earnings(56.0M)(58.0M)(60.8M)(59.0M)(60.9M)(57.9M)
Accounts Payable235.4K81.3K278.2K432.4K127.5K146.7K
Cash1.6M3.8M1.5M7.2M1.5M1.9M
Non Current Assets Total5.0M6.3M13.1M17.7M21.5M14.9M
Cash And Short Term Investments1.6M3.8M1.5M7.2M1.5M2.1M
Net Receivables1.1M103.7K279.5K75.1K97.3K92.4K
Common Stock Shares Outstanding51.2M60.5M80.8M96.6M97.9M102.8M
Liabilities And Stockholders Equity7.7M10.2M15.0M25.2M23.3M17.4M
Total Liab877.2K663.1K935.4K1.4M1.0M617.2K
Total Current Assets2.8M4.0M1.9M7.5M1.8M2.5M
Common Stock55.1M60.2M65.2M68.6M78.9M56.7M
Other Current Liab148.4K49.4K63.0K180.9K158.6K166.5K
Other Stockholder Equity7.8M7.4M9.6M10.8M9.7M14.5M
Accumulated Other Comprehensive Income7.8M(933.0)(3.2K)9.8K11.3M11.8M
Other Current Assets64.4K87.5K160.3K184.9K143.8K190.2K
Non Current Liabilities Total417.4K444.2K492.5K664.5K620.1K340.2K
Net Tangible Assets6.8M6.9M9.6M14.1M12.6M7.6M
Property Plant Equipment2.4M4.7M6.1M12.6M11.4M6.1M
Net Invested Capital6.9M9.6M14.1M20.5M19.0M12.8M
Net Working Capital2.3M3.7M1.5M6.8M1.4M1.3M
Capital Stock55.1M60.2M65.2M68.6M78.9M68.1M

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