Golden Net Invested Capital vs Common Stock Shares Outstanding Analysis
GODNU Stock | 11.49 0.00 0.00% |
Golden Star financial indicator trend analysis is much more than just examining Golden Star Acquisition latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Golden Star Acquisition is a good investment. Please check the relationship between Golden Star Net Invested Capital and its Common Stock Shares Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Star Acquisition. 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.
Net Invested Capital vs Common Stock Shares Outstanding
Net Invested Capital vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Golden Star Acquisition Net Invested Capital account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.
The correlation between Golden Star's Net Invested Capital and Common Stock Shares Outstanding is -0.74. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Golden Star Acquisition, assuming nothing else is changed. The correlation between historical values of Golden Star's Net Invested Capital and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Golden Star Acquisition are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Invested Capital i.e., Golden Star's Net Invested Capital and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.74 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Golden Star's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Golden Star Acquisition 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 Golden Star Acquisition. 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. At this time, Golden Star's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 65.17 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 39.6 M in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 17.4K | 5.7K | 857.7K | 900.6K | Depreciation And Amortization | 236.6K | 228.5K | 2.4M | 2.5M |
Golden Star fundamental ratios Correlations
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Golden Star Account Relationship Matchups
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When running Golden Star's price analysis, check to measure Golden Star'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 Golden Star is operating at the current time. Most of Golden Star's value examination focuses on studying past and present price action to predict the probability of Golden Star's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Star's price. Additionally, you may evaluate how the addition of Golden Star to your portfolios can decrease your overall portfolio volatility.