Cassiar Cash vs Short Term Debt Analysis

GLDC Stock

CAD 0.21 0.01 4.55%

Cassiar Gold financial indicator trend analysis is way more than just evaluating Cassiar Gold Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cassiar Gold Corp is a good investment. Please check the relationship between Cassiar Gold Cash and its Short Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Cassiar Gold 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 main economic indicators.

Cash vs Short Term Debt

Cash vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cassiar Gold Corp Cash account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Cassiar Gold's Cash and Short Term Debt is -0.38. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Cassiar Gold Corp, assuming nothing else is changed. The correlation between historical values of Cassiar Gold's Cash and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Cassiar Gold Corp are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Cash i.e., Cassiar Gold's Cash and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.38

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash

Cash refers to the most liquid asset of Cassiar Gold Corp, which is listed under current asset account on Cassiar Gold Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Cassiar Gold customers. The amounts must be unrestricted with restricted cash listed in a different Cassiar Gold account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Short Term Debt

Most indicators from Cassiar Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cassiar Gold 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 Cassiar Gold 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 main economic indicators.

At this time, Cassiar Gold's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 1,906 in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (17.11).

	2021	2022	2023	2024 (projected)
Total Operating Expenses	3.0M	2.5M	2.9M	1.7M
Cost Of Revenue	81.8K	202.6K	182.3K	191.4K

Total Operating Expenses Cost Of Revenue

Cassiar Gold fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Total Liab	Total Current Assets	Property Plant And Equipment Net	Retained Earnings	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Short Long Term Debt Total	Short Term Debt	Net Tangible Assets	Non Currrent Assets Other	Other Assets	Common Stock	Property Plant Equipment
Total Assets		0.86	0.98	1.0	-0.81	0.98	0.88	1.0	0.88	0.95	0.99	0.9	0.21	-0.78	0.99	0.96	-0.14	0.79	0.91	-0.58	-0.38	1.0	0.88	0.94	0.99	0.99
Other Current Liab	0.86		0.83	0.87	-0.43	0.84	0.55	0.89	0.55	0.71	0.83	0.58	-0.3	-0.54	0.85	0.8	-0.05	0.75	0.94	-0.53	-0.36	0.82	1.0	0.74	0.83	0.81
Total Current Liabilities	0.98	0.83		0.98	-0.83	1.0	0.9	0.97	0.9	0.98	0.97	0.92	0.24	-0.77	0.96	0.91	-0.15	0.75	0.89	-0.56	-0.37	0.98	0.84	0.88	0.96	0.97
Total Stockholder Equity	1.0	0.87	0.98		-0.81	0.98	0.88	1.0	0.88	0.94	0.99	0.9	0.21	-0.78	0.99	0.96	-0.14	0.79	0.91	-0.58	-0.38	0.99	0.88	0.94	0.99	0.99
Net Debt	-0.81	-0.43	-0.83	-0.81		-0.83	-0.98	-0.77	-0.98	-0.9	-0.84	-0.98	-0.7	0.76	-0.8	-0.8	0.12	-0.57	-0.6	0.46	0.37	-0.86	-0.46	-0.82	-0.82	-0.86
Accounts Payable	0.98	0.84	1.0	0.98	-0.83		0.9	0.97	0.9	0.97	0.97	0.91	0.21	-0.76	0.96	0.91	-0.14	0.77	0.89	-0.57	-0.4	0.98	0.86	0.88	0.96	0.97
Cash	0.88	0.55	0.9	0.88	-0.98	0.9		0.85	1.0	0.95	0.9	1.0	0.61	-0.77	0.87	0.86	-0.1	0.64	0.7	-0.48	-0.38	0.92	0.57	0.87	0.88	0.92
Non Current Assets Total	1.0	0.89	0.97	1.0	-0.77	0.97	0.85		0.85	0.93	0.99	0.87	0.15	-0.77	0.99	0.96	-0.15	0.79	0.93	-0.58	-0.38	0.99	0.91	0.93	0.98	0.99
Cash And Short Term Investments	0.88	0.55	0.9	0.88	-0.98	0.9	1.0	0.85		0.95	0.9	1.0	0.61	-0.77	0.87	0.86	-0.1	0.64	0.7	-0.48	-0.38	0.92	0.57	0.87	0.88	0.92
Net Receivables	0.95	0.71	0.98	0.94	-0.9	0.97	0.95	0.93	0.95		0.96	0.96	0.41	-0.77	0.93	0.91	-0.16	0.7	0.81	-0.48	-0.35	0.97	0.73	0.89	0.94	0.96
Total Liab	0.99	0.83	0.97	0.99	-0.84	0.97	0.9	0.99	0.9	0.96		0.91	0.27	-0.77	0.98	0.98	-0.12	0.75	0.9	-0.54	-0.39	0.99	0.84	0.95	0.98	0.99
Total Current Assets	0.9	0.58	0.92	0.9	-0.98	0.91	1.0	0.87	1.0	0.96	0.91		0.58	-0.77	0.89	0.87	-0.1	0.65	0.72	-0.49	-0.38	0.93	0.6	0.88	0.9	0.93
Property Plant And Equipment Net	0.21	-0.3	0.24	0.21	-0.7	0.21	0.61	0.15	0.61	0.41	0.27	0.58		-0.42	0.23	0.28	-0.15	-0.03	-0.05	-0.11	-0.1	0.3	-0.28	0.36	0.25	0.31
Retained Earnings	-0.78	-0.54	-0.77	-0.78	0.76	-0.76	-0.77	-0.77	-0.77	-0.77	-0.77	-0.77	-0.42		-0.83	-0.76	0.3	-0.42	-0.66	0.64	0.31	-0.78	-0.56	-0.69	-0.85	-0.79
Common Stock Shares Outstanding	0.99	0.85	0.96	0.99	-0.8	0.96	0.87	0.99	0.87	0.93	0.98	0.89	0.23	-0.83		0.97	-0.17	0.76	0.91	-0.6	-0.38	0.98	0.86	0.93	1.0	0.99
Non Current Liabilities Total	0.96	0.8	0.91	0.96	-0.8	0.91	0.86	0.96	0.86	0.91	0.98	0.87	0.28	-0.76	0.97		-0.1	0.72	0.87	-0.5	-0.38	0.97	0.81	0.97	0.96	0.97
Inventory	-0.14	-0.05	-0.15	-0.14	0.12	-0.14	-0.1	-0.15	-0.1	-0.16	-0.12	-0.1	-0.15	0.3	-0.17	-0.1		0.05	-0.09	0.39	-0.05	-0.15	-0.07	-0.13	-0.18	-0.15
Other Current Assets	0.79	0.75	0.75	0.79	-0.57	0.77	0.64	0.79	0.64	0.7	0.75	0.65	-0.03	-0.42	0.76	0.72	0.05		0.66	-0.21	-0.02	0.78	0.79	0.69	0.77	0.77
Other Stockholder Equity	0.91	0.94	0.89	0.91	-0.6	0.89	0.7	0.93	0.7	0.81	0.9	0.72	-0.05	-0.66	0.91	0.87	-0.09	0.66		-0.69	-0.56	0.88	0.92	0.81	0.88	0.88
Short Long Term Debt Total	-0.58	-0.53	-0.56	-0.58	0.46	-0.57	-0.48	-0.58	-0.48	-0.48	-0.54	-0.49	-0.11	0.64	-0.6	-0.5	0.39	-0.21	-0.69		0.67	-0.55	-0.51	-0.48	-0.58	-0.55
Short Term Debt	-0.38	-0.36	-0.37	-0.38	0.37	-0.4	-0.38	-0.38	-0.38	-0.35	-0.39	-0.38	-0.1	0.31	-0.38	-0.38	-0.05	-0.02	-0.56	0.67		-0.39	-0.32	-0.37	-0.34	-0.38
Net Tangible Assets	1.0	0.82	0.98	0.99	-0.86	0.98	0.92	0.99	0.92	0.97	0.99	0.93	0.3	-0.78	0.98	0.97	-0.15	0.78	0.88	-0.55	-0.39		0.83	0.95	0.98	1.0
Non Currrent Assets Other	0.88	1.0	0.84	0.88	-0.46	0.86	0.57	0.91	0.57	0.73	0.84	0.6	-0.28	-0.56	0.86	0.81	-0.07	0.79	0.92	-0.51	-0.32	0.83		0.75	0.85	0.82
Other Assets	0.94	0.74	0.88	0.94	-0.82	0.88	0.87	0.93	0.87	0.89	0.95	0.88	0.36	-0.69	0.93	0.97	-0.13	0.69	0.81	-0.48	-0.37	0.95	0.75		0.92	0.96
Common Stock	0.99	0.83	0.96	0.99	-0.82	0.96	0.88	0.98	0.88	0.94	0.98	0.9	0.25	-0.85	1.0	0.96	-0.18	0.77	0.88	-0.58	-0.34	0.98	0.85	0.92		0.99
Property Plant Equipment	0.99	0.81	0.97	0.99	-0.86	0.97	0.92	0.99	0.92	0.96	0.99	0.93	0.31	-0.79	0.99	0.97	-0.15	0.77	0.88	-0.55	-0.38	1.0	0.82	0.96	0.99

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Cassiar Gold Account Relationship Matchups

Cassiar Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.0M	22.1M	38.3M	46.3M	53.2M	55.9M
Other Current Liab	5.1K	118.0K	102.4K	2.5M	2.8M	3.0M
Total Current Liabilities	767.5K	755.0K	2.7M	2.5M	2.9M	3.1M
Total Stockholder Equity	8.2M	18.9M	33.3M	41.0M	47.1M	49.5M
Net Debt	(1.9M)	(3.5M)	(8.4M)	(4.4M)	(4.0M)	(3.8M)
Accounts Payable	195.6K	762.4K	637.1K	2.5M	2.8M	3.0M
Cash	2.0M	3.5M	8.6M	4.5M	5.2M	5.4M
Non Current Assets Total	6.8M	18.4M	29.1M	41.2M	47.4M	49.8M
Cash And Short Term Investments	2.0M	3.5M	8.6M	4.5M	5.2M	5.4M
Net Receivables	105.0K	145.1K	408.3K	295.5K	339.8K	356.8K
Liabilities And Stockholders Equity	9.0M	22.1M	38.3M	46.3M	53.2M	55.9M
Total Liab	767.5K	3.2M	5.0M	5.3M	6.1M	6.4M
Total Current Assets	2.2M	3.7M	9.2M	5.1M	5.8M	6.1M
Property Plant And Equipment Net	6.8M	18.0M	28.7M	410.6K	472.2K	448.6K
Retained Earnings	(23.8M)	(25.4M)	(28.2M)	(29.9M)	(26.9M)	(25.6M)
Common Stock Shares Outstanding	27.5M	54.1M	68.7M	87.7M	100.9M	105.9M
Other Current Assets	110.5K	74.2K	193.4K	282.7K	325.1K	341.4K
Other Stockholder Equity	9.7M	11.3M	12.0M	18.8M	21.6M	22.7M
Net Tangible Assets	2.8M	8.2M	18.9M	33.3M	38.4M	40.3M
Common Stock	22.3M	32.9M	45.7M	52.1M	59.9M	62.9M
Property Plant Equipment	2.9M	6.8M	18.0M	28.7M	33.0M	34.7M
Net Invested Capital	3.0M	8.2M	18.9M	33.3M	38.4M	40.3M
Net Working Capital	(210.5K)	1.4M	2.9M	6.5M	7.5M	7.9M
Capital Stock	15.3M	22.3M	32.9M	45.7M	52.6M	29.1M

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