Cassiar Total Current Assets vs Cash And Short Term Investments 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 Total Current Assets and its Cash And Short Term Investments 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.

Total Current Assets vs Cash And Short Term Investments

Total Current Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cassiar Gold Corp Total Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have totally related.

The correlation between Cassiar Gold's Total Current Assets and Cash And Short Term Investments is 1.0. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash And Short Term Investments 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 Total Current Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Cassiar Gold Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Assets i.e., Cassiar Gold's Total Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Cassiar Gold Corp balance sheet. This account contains Cassiar Gold investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Cassiar Gold Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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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