Goldbank Other Stockholder Equity vs Total Liab Analysis

GLB Stock  CAD 0.18  0.00  0.00%   
Goldbank Mining financial indicator trend analysis is much more than just examining Goldbank Mining Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Goldbank Mining Corp is a good investment. Please check the relationship between Goldbank Mining Other Stockholder Equity and its Total Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldbank Mining 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 board of governors.

Other Stockholder Equity vs Total Liab

Other Stockholder Equity vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goldbank Mining Corp Other Stockholder Equity account and Total Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Goldbank Mining's Other Stockholder Equity and Total Liab is -0.73. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Liab in the same time period over historical financial statements of Goldbank Mining Corp, assuming nothing else is changed. The correlation between historical values of Goldbank Mining's Other Stockholder Equity 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 Other Stockholder Equity of Goldbank Mining 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 Other Stockholder Equity i.e., Goldbank Mining's Other Stockholder Equity and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.73
Relationship DirectionNegative 
Relationship StrengthWeak

Other Stockholder Equity

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Goldbank Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Goldbank Mining 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 Goldbank Mining 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 board of governors.
Selling General Administrative is likely to climb to about 627.3 K in 2024. Issuance Of Capital Stock is likely to climb to about 2.6 M in 2024
 2021 2022 2023 2024 (projected)
Total Operating Expenses203.8K295.9K809.1K411.3K
Cost Of Revenue429.02.3K3.1K5.4K

Goldbank Mining fundamental ratios Correlations

0.540.97-0.94-0.96-0.910.40.470.09-0.810.97-0.780.78-0.770.960.97-0.380.70.920.91-0.880.73-0.83-0.81-0.380.67
0.540.48-0.44-0.53-0.43-0.010.02-0.2-0.860.48-0.60.36-0.60.560.58-0.110.670.470.57-0.480.2-0.31-0.29-0.110.14
0.970.48-0.98-0.97-0.90.250.330.1-0.731.0-0.770.67-0.760.940.96-0.320.650.90.87-0.890.77-0.88-0.85-0.320.68
-0.94-0.44-0.980.950.96-0.17-0.24-0.10.74-0.980.76-0.610.75-0.91-0.920.48-0.62-0.93-0.870.87-0.780.940.920.48-0.76
-0.96-0.53-0.970.950.87-0.35-0.42-0.080.76-0.970.79-0.750.79-0.88-0.930.31-0.69-0.84-0.810.88-0.620.810.780.31-0.57
-0.91-0.43-0.90.960.87-0.16-0.21-0.050.79-0.90.74-0.550.73-0.9-0.890.68-0.56-0.97-0.920.82-0.840.950.960.68-0.88
0.4-0.010.25-0.17-0.35-0.160.97-0.11-0.120.25-0.290.7-0.290.310.320.10.250.220.24-0.440.06-0.1-0.080.10.0
0.470.020.33-0.24-0.42-0.210.97-0.02-0.150.33-0.30.81-0.30.350.370.120.360.250.26-0.470.09-0.15-0.130.120.02
0.09-0.20.1-0.1-0.08-0.05-0.11-0.020.090.10.480.20.48-0.010.05-0.06-0.24-0.01-0.030.060.1-0.03-0.04-0.060.11
-0.81-0.86-0.730.740.760.79-0.12-0.150.09-0.730.75-0.540.75-0.81-0.820.5-0.72-0.8-0.840.67-0.530.650.650.5-0.55
0.970.481.0-0.98-0.97-0.90.250.330.1-0.73-0.770.67-0.760.940.96-0.320.650.90.87-0.890.77-0.88-0.85-0.320.68
-0.78-0.6-0.770.760.790.74-0.29-0.30.480.75-0.77-0.481.0-0.79-0.810.3-0.72-0.75-0.750.74-0.520.660.650.3-0.49
0.780.360.67-0.61-0.75-0.550.70.810.2-0.540.67-0.48-0.480.630.67-0.10.720.540.53-0.640.29-0.46-0.43-0.10.25
-0.77-0.6-0.760.750.790.73-0.29-0.30.480.75-0.761.0-0.48-0.79-0.80.29-0.72-0.75-0.750.73-0.520.660.640.29-0.48
0.960.560.94-0.91-0.88-0.90.310.35-0.01-0.810.94-0.790.63-0.790.99-0.420.640.950.98-0.890.84-0.84-0.83-0.420.75
0.970.580.96-0.92-0.93-0.890.320.370.05-0.820.96-0.810.67-0.80.99-0.370.650.920.94-0.870.78-0.81-0.79-0.370.69
-0.38-0.11-0.320.480.310.680.10.12-0.060.5-0.320.3-0.10.29-0.42-0.37-0.11-0.61-0.570.27-0.580.590.661.0-0.8
0.70.670.65-0.62-0.69-0.560.250.36-0.24-0.720.65-0.720.72-0.720.640.65-0.110.560.57-0.570.26-0.52-0.48-0.110.23
0.920.470.9-0.93-0.84-0.970.220.25-0.01-0.80.9-0.750.54-0.750.950.92-0.610.560.97-0.860.89-0.94-0.94-0.610.88
0.910.570.87-0.87-0.81-0.920.240.26-0.03-0.840.87-0.750.53-0.750.980.94-0.570.570.97-0.840.87-0.85-0.85-0.570.82
-0.88-0.48-0.890.870.880.82-0.44-0.470.060.67-0.890.74-0.640.73-0.89-0.870.27-0.57-0.86-0.84-0.690.850.810.27-0.59
0.730.20.77-0.78-0.62-0.840.060.090.1-0.530.77-0.520.29-0.520.840.78-0.580.260.890.87-0.69-0.84-0.86-0.580.95
-0.83-0.31-0.880.940.810.95-0.1-0.15-0.030.65-0.880.66-0.460.66-0.84-0.810.59-0.52-0.94-0.850.85-0.841.00.59-0.85
-0.81-0.29-0.850.920.780.96-0.08-0.13-0.040.65-0.850.65-0.430.64-0.83-0.790.66-0.48-0.94-0.850.81-0.861.00.66-0.89
-0.38-0.11-0.320.480.310.680.10.12-0.060.5-0.320.3-0.10.29-0.42-0.371.0-0.11-0.61-0.570.27-0.580.590.66-0.8
0.670.140.68-0.76-0.57-0.880.00.020.11-0.550.68-0.490.25-0.480.750.69-0.80.230.880.82-0.590.95-0.85-0.89-0.8
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Goldbank Mining Account Relationship Matchups

Goldbank Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.4M6.0M5.5M5.7M6.1M5.5M
Other Current Liab8.5M2.1M2.3M2.6M3.0M2.8M
Total Current Liabilities8.7M10.0M11.4M11.9M12.2M9.0M
Total Stockholder Equity(3.3M)(4.1M)(5.9M)(6.2M)(6.1M)(5.8M)
Net Tangible Assets(1.9M)(3.5M)(3.3M)(4.1M)(3.6M)(3.5M)
Retained Earnings(29.3M)(30.5M)(32.3M)(34.8M)(37.6M)(39.5M)
Accounts Payable115.1K6.4M7.7M11.2K574.7K546.0K
Cash293.6K496.5K19.6K44.9K21.9K20.8K
Net Receivables15.1K23.8K33.2K54.6K70.7K38.3K
Total Liab8.7M10.0M11.4M11.9M12.2M9.0M
Short Long Term Debt1K34K8.1K5K4.5K4.3K
Total Current Assets401.5K888.4K402.6K287.9K256.9K347.2K
Common Stock22.6M23.1M23.7M24.2M27.8M23.4M
Property Plant Equipment4.8M4.9M5.0M5.1M5.8M4.9M
Short Term Investments92.7K367.0K349.4K188.0K164.3K217.8K
Non Current Assets Total5.0M5.1M5.1M5.4M5.8M5.6M
Common Stock Shares Outstanding74.2M81.8M89.9M119.9M169.9M108.5M
Net Invested Capital(3.3M)(4.0M)(5.9M)(6.2M)(6.1M)(6.4M)
Net Working Capital(8.3M)(9.1M)(11.0M)(11.7M)(11.9M)(12.5M)

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Additional Tools for Goldbank Stock Analysis

When running Goldbank Mining's price analysis, check to measure Goldbank Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Goldbank Mining is operating at the current time. Most of Goldbank Mining's value examination focuses on studying past and present price action to predict the probability of Goldbank Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goldbank Mining's price. Additionally, you may evaluate how the addition of Goldbank Mining to your portfolios can decrease your overall portfolio volatility.