GO2 Retained Earnings vs Long Term Debt Total Analysis

GO2 Stock

0.67 0.00 0.00%

GO2 People financial indicator trend analysis is much more than just examining GO2 People latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GO2 People is a good investment. Please check the relationship between GO2 People Retained Earnings and its Long Term Debt Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GO2 People. 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.

Retained Earnings vs Long Term Debt Total

Retained Earnings vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GO2 People Retained Earnings account and Long Term Debt Total. At this time, the significance of the direction appears to have pay attention.

The correlation between GO2 People's Retained Earnings and Long Term Debt Total is -0.88. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of GO2 People, assuming nothing else is changed. The correlation between historical values of GO2 People's Retained Earnings and Long Term Debt 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 Retained Earnings of GO2 People are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Retained Earnings i.e., GO2 People's Retained Earnings and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.88

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Long Term Debt Total

Most indicators from GO2 People's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GO2 People 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 GO2 People. 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 drop to about 863.2 K in 2024. Issuance Of Capital Stock is likely to drop to about 229 K in 2024

	2020	2021	2023	2024 (projected)
Gross Profit	4.4M	20.6M	23.7M	24.9M
Total Revenue	29.7M	73.7M	84.8M	43.6M

Gross Profit Total Revenue

GO2 People fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Net Receivables	Short Term Investments	Other Current Assets	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Cash And Short Term Investments	Long Term Debt Total	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Other Liab	Property Plant And Equipment Net
Total Assets		0.06	0.27	0.7	0.24	0.51	0.37	0.21	0.34	-0.08	0.56	-0.35	0.41	0.58	0.82	0.69	-0.2	-0.35	0.66	0.31	-0.43	0.72	0.2	0.72	-0.02	-0.35
Other Current Liab	0.06		0.95	-0.65	-0.85	-0.79	-0.78	-0.65	-0.64	0.48	0.05	0.29	0.9	-0.66	-0.49	-0.57	0.78	0.85	0.08	0.1	0.79	0.69	-0.35	0.61	0.32	0.85
Total Current Liabilities	0.27	0.95		-0.49	-0.72	-0.67	-0.69	-0.66	-0.53	0.53	0.09	0.14	0.98	-0.46	-0.3	-0.34	0.75	0.76	0.34	0.2	0.68	0.82	-0.26	0.73	0.42	0.76
Total Stockholder Equity	0.7	-0.65	-0.49		0.77	0.97	0.87	0.71	0.73	-0.4	0.37	-0.45	-0.37	0.88	0.97	0.89	-0.75	-0.88	0.35	0.09	-0.87	0.02	0.41	0.07	-0.37	-0.87
Net Tangible Assets	0.24	-0.85	-0.72	0.77		0.82	0.75	0.47	0.76	-0.28	0.04	-0.32	-0.67	0.91	0.69	0.85	-0.72	-0.92	0.28	-0.26	-0.91	-0.42	0.39	-0.39	-0.06	-0.92
Retained Earnings	0.51	-0.79	-0.67	0.97	0.82		0.93	0.81	0.76	-0.44	0.25	-0.46	-0.57	0.85	0.9	0.82	-0.85	-0.92	0.18	0.01	-0.88	-0.21	0.4	-0.16	-0.49	-0.91
Accounts Payable	0.37	-0.78	-0.69	0.87	0.75	0.93		0.91	0.86	-0.25	0.17	-0.51	-0.62	0.74	0.81	0.69	-0.85	-0.81	0.0	0.03	-0.74	-0.35	0.64	-0.29	-0.64	-0.81
Cash	0.21	-0.65	-0.66	0.71	0.47	0.81	0.91		0.67	-0.32	0.08	-0.43	-0.61	0.46	0.62	0.39	-0.83	-0.62	-0.3	0.0	-0.5	-0.39	0.49	-0.34	-0.89	-0.61
Long Term Debt	0.34	-0.64	-0.53	0.73	0.76	0.76	0.86	0.67		-0.01	0.17	-0.48	-0.49	0.75	0.73	0.7	-0.73	-0.71	0.13	-0.13	-0.65	-0.29	0.73	-0.26	-0.38	-0.7
Net Receivables	-0.08	0.48	0.53	-0.4	-0.28	-0.44	-0.25	-0.32	-0.01		-0.22	-0.34	0.41	-0.16	-0.22	-0.17	0.47	0.52	0.15	0.03	0.52	0.12	0.17	0.07	0.18	0.52
Short Term Investments	0.56	0.05	0.09	0.37	0.04	0.25	0.17	0.08	0.17	-0.22		-0.25	0.27	0.15	0.41	0.25	-0.16	-0.14	0.08	0.33	-0.28	0.46	0.04	0.65	0.07	-0.13
Other Current Assets	-0.35	0.29	0.14	-0.45	-0.32	-0.46	-0.51	-0.43	-0.48	-0.34	-0.25		0.09	-0.48	-0.53	-0.45	0.4	0.25	-0.13	-0.15	0.24	0.04	-0.16	-0.04	0.31	0.24
Total Liab	0.41	0.9	0.98	-0.37	-0.67	-0.57	-0.62	-0.61	-0.49	0.41	0.27	0.09		-0.39	-0.18	-0.25	0.68	0.69	0.38	0.29	0.58	0.9	-0.24	0.85	0.42	0.68
Short Long Term Debt	0.58	-0.66	-0.46	0.88	0.91	0.85	0.74	0.46	0.75	-0.16	0.15	-0.48	-0.39		0.88	0.99	-0.61	-0.88	0.57	-0.05	-0.89	-0.07	0.36	-0.07	-0.06	-0.88
Total Current Assets	0.82	-0.49	-0.3	0.97	0.69	0.9	0.81	0.62	0.73	-0.22	0.41	-0.53	-0.18	0.88		0.91	-0.64	-0.77	0.48	0.15	-0.79	0.19	0.43	0.22	-0.31	-0.77
Short Term Debt	0.69	-0.57	-0.34	0.89	0.85	0.82	0.69	0.39	0.7	-0.17	0.25	-0.45	-0.25	0.99	0.91		-0.54	-0.84	0.65	0.01	-0.87	0.08	0.33	0.09	0.01	-0.84
Common Stock	-0.2	0.78	0.75	-0.75	-0.72	-0.85	-0.85	-0.83	-0.73	0.47	-0.16	0.4	0.68	-0.61	-0.64	-0.54		0.77	0.24	0.37	0.68	0.42	-0.36	0.38	0.61	0.76
Property Plant Equipment	-0.35	0.85	0.76	-0.88	-0.92	-0.92	-0.81	-0.62	-0.71	0.52	-0.14	0.25	0.69	-0.88	-0.77	-0.84	0.77		-0.24	0.12	0.98	0.34	-0.3	0.3	0.24	1.0
Short Long Term Debt Total	0.66	0.08	0.34	0.35	0.28	0.18	0.0	-0.3	0.13	0.15	0.08	-0.13	0.38	0.57	0.48	0.65	0.24	-0.24		0.31	-0.35	0.55	0.03	0.48	0.53	-0.25
Cash And Short Term Investments	0.31	0.1	0.2	0.09	-0.26	0.01	0.03	0.0	-0.13	0.03	0.33	-0.15	0.29	-0.05	0.15	0.01	0.37	0.12	0.31		0.02	0.34	0.14	0.45	0.03	0.11
Long Term Debt Total	-0.43	0.79	0.68	-0.87	-0.91	-0.88	-0.74	-0.5	-0.65	0.52	-0.28	0.24	0.58	-0.89	-0.79	-0.87	0.68	0.98	-0.35	0.02		0.21	-0.26	0.14	0.08	0.98
Non Current Assets Total	0.72	0.69	0.82	0.02	-0.42	-0.21	-0.35	-0.39	-0.29	0.12	0.46	0.04	0.9	-0.07	0.19	0.08	0.42	0.34	0.55	0.34	0.21		-0.17	0.96	0.32	0.33
Non Currrent Assets Other	0.2	-0.35	-0.26	0.41	0.39	0.4	0.64	0.49	0.73	0.17	0.04	-0.16	-0.24	0.36	0.43	0.33	-0.36	-0.3	0.03	0.14	-0.26	-0.17		-0.14	-0.32	-0.3
Non Current Liabilities Total	0.72	0.61	0.73	0.07	-0.39	-0.16	-0.29	-0.34	-0.26	0.07	0.65	-0.04	0.85	-0.07	0.22	0.09	0.38	0.3	0.48	0.45	0.14	0.96	-0.14		0.32	0.29
Other Liab	-0.02	0.32	0.42	-0.37	-0.06	-0.49	-0.64	-0.89	-0.38	0.18	0.07	0.31	0.42	-0.06	-0.31	0.01	0.61	0.24	0.53	0.03	0.08	0.32	-0.32	0.32		0.23
Property Plant And Equipment Net	-0.35	0.85	0.76	-0.87	-0.92	-0.91	-0.81	-0.61	-0.7	0.52	-0.13	0.24	0.68	-0.88	-0.77	-0.84	0.76	1.0	-0.25	0.11	0.98	0.33	-0.3	0.29	0.23

Click cells to compare fundamentals

GO2 People Account Relationship Matchups

GO2 People fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	17.4M	12.4M	7.6M	30.4M	29.7M	0.0
Other Current Liab	3.6M	13.5M	20.6M	12.8M	14.7M	7.7M
Total Current Liabilities	7.6M	18.3M	24.4M	13.0M	15.0M	12.8M
Total Stockholder Equity	(136.4K)	4.3M	86K	(13.0M)	(11.7M)	(11.1M)
Net Tangible Assets	802.4K	(617.9K)	(7.6M)	(11.8M)	(10.6M)	(10.1M)
Retained Earnings	(18.0M)	(18.6M)	(24.5M)	(38.0M)	(34.2M)	(32.5M)
Accounts Payable	555.7K	695K	369.1K	253.5K	228.2K	216.8K
Cash	938.8K	1.3M	1.2M	2.5M	2.3M	2.2M
Net Receivables	9.0M	4.5M	8.3M	10.0M	11.6M	8.8M
Short Term Investments	156.9K	156.8K	5.1M	19K	21.9K	20.8K
Other Current Assets	156.9K	670.0K	237K	346K	397.9K	273.1K
Total Liab	7.7M	26.1M	29.6M	13.0M	15.0M	14.4M
Short Long Term Debt	3.1M	3.1M	2.6M	26.8K	24.1K	22.9K
Total Current Assets	15.8M	10.8M	6.4M	15.0M	12.9M	0.0
Short Term Debt	3.5M	4.2M	3.4M	26.8K	24.1K	22.9K
Common Stock	16.2M	23.4M	24.6M	24.9M	28.7M	16.9M
Property Plant Equipment	990.4K	569.3K	3.2M	4.7M	5.5M	5.7M
Short Long Term Debt Total	3.6M	5.1M	6.2M	26.8K	24.1K	22.9K
Cash And Short Term Investments	938.8K	1.4M	6.4M	2.5M	2.3M	2.7M
Long Term Debt Total	288.4K	89.1K	939K	2.8M	3.2M	3.4M
Non Current Assets Total	1.7M	1.7M	1.2M	15.4M	16.8M	0.0
Non Currrent Assets Other	(1.3M)	48.5K	54K	56K	50.4K	47.9K
Non Current Liabilities Total	89.1K	7.7M	5.2M	1.1K	1.2K	1.2K
Property Plant And Equipment Net	990.4K	569.3K	3.2M	4.7M	5.5M	5.7M
Net Debt	2.3M	3.8M	3.7M	26.8K	30.8K	29.3K
Common Stock Shares Outstanding	2.7M	3.6M	8.3M	8.5M	9.8M	10.3M
Liabilities And Stockholders Equity	7.6M	30.4M	29.7M	(1.1K)	(953.1)	(905.44)
Inventory	292.3K	230.4K	1.0	346K	311.4K	327.0K
Net Invested Capital	3.0M	7.9M	2.7M	(13.0M)	(11.7M)	(11.1M)
Property Plant And Equipment Gross	990.4K	569.3K	4.5M	10.0M	11.5M	12.1M
Net Working Capital	(1.3M)	(2.8M)	(11.5M)	(13.0M)	(11.7M)	(11.1M)
Intangible Assets	70.5K	481.5K	206K	4.6M	5.3M	5.5M
Other Assets	1.2M	48.5K	54K	56K	50.4K	47.9K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for GO2 Stock Analysis

When running GO2 People's price analysis, check to measure GO2 People'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 GO2 People is operating at the current time. Most of GO2 People's value examination focuses on studying past and present price action to predict the probability of GO2 People's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GO2 People's price. Additionally, you may evaluate how the addition of GO2 People to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC