Giga Short Term Debt vs Total Liab 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 Short Term Debt and its Total Liab 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.

Short Term Debt vs Total Liab

Short Term Debt vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Giga Metals Corp Short Term Debt account and Total Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Giga Metals' Short Term Debt and Total Liab is 0.51. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Liab 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' Short Term Debt and Total Liab 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 Giga Metals Corp are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Short Term Debt i.e., Giga Metals' Short Term Debt and Total Liab go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Short Term Debt

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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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