Golden Other Current Liab vs Cash 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 Other Current Liab and its Cash 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.

Other Current Liab vs Cash

Other Current Liab vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Golden Star Acquisition Other Current Liab account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Golden Star's Other Current Liab and Cash is 0.71. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Cash 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 Other Current Liab and Cash 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 Current Liab of Golden Star Acquisition are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Liab i.e., Golden Star's Other Current Liab and Cash go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Cash

Cash refers to the most liquid asset of Golden Star Acquisition, which is listed under current asset account on Golden Star Acquisition balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Golden Star customers. The amounts must be unrestricted with restricted cash listed in a different Golden Star 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.
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 Expenses17.4K5.7K857.7K900.6K
Depreciation And Amortization236.6K228.5K2.4M2.5M

Golden Star fundamental ratios Correlations

0.721.00.891.00.72-1.00.751.01.0-0.710.75-0.74-0.29-0.951.01.00.72-0.841.0-1.00.721.0-0.95-0.95
0.720.690.950.721.0-0.741.00.720.72-0.941.0-0.92-0.8-0.590.750.721.0-0.270.72-0.741.00.72-0.59-0.59
1.00.690.871.00.69-1.00.711.01.0-0.670.71-0.7-0.24-0.951.01.00.69-0.861.0-1.00.691.0-0.95-0.95
0.890.950.870.890.94-0.910.960.890.89-0.850.96-0.85-0.58-0.750.90.890.95-0.570.89-0.910.950.89-0.75-0.75
1.00.721.00.890.72-1.00.751.01.0-0.710.75-0.74-0.29-0.951.01.00.72-0.841.0-1.00.721.0-0.95-0.95
0.721.00.690.940.72-0.741.00.720.72-0.941.0-0.92-0.81-0.590.750.721.0-0.270.72-0.741.00.72-0.59-0.59
-1.0-0.74-1.0-0.91-1.0-0.74-0.76-1.0-1.00.71-0.760.730.290.93-1.0-1.0-0.740.84-1.01.0-0.74-1.00.930.93
0.751.00.710.960.751.0-0.760.750.75-0.931.0-0.92-0.78-0.610.770.751.0-0.30.75-0.771.00.75-0.61-0.61
1.00.721.00.891.00.72-1.00.751.0-0.710.75-0.74-0.29-0.951.01.00.72-0.841.0-1.00.721.0-0.95-0.95
1.00.721.00.891.00.72-1.00.751.0-0.710.75-0.74-0.29-0.951.01.00.72-0.841.0-1.00.721.0-0.95-0.95
-0.71-0.94-0.67-0.85-0.71-0.940.71-0.93-0.71-0.71-0.931.00.880.69-0.74-0.71-0.940.21-0.710.71-0.94-0.710.690.69
0.751.00.710.960.751.0-0.761.00.750.75-0.93-0.92-0.78-0.610.770.751.0-0.30.75-0.771.00.75-0.61-0.61
-0.74-0.92-0.7-0.85-0.74-0.920.73-0.92-0.74-0.741.0-0.920.850.73-0.77-0.74-0.920.25-0.740.74-0.92-0.740.730.73
-0.29-0.8-0.24-0.58-0.29-0.810.29-0.78-0.29-0.290.88-0.780.850.27-0.33-0.29-0.8-0.28-0.290.3-0.8-0.290.270.27
-0.95-0.59-0.95-0.75-0.95-0.590.93-0.61-0.95-0.950.69-0.610.730.27-0.95-0.95-0.590.79-0.950.93-0.59-0.951.01.0
1.00.751.00.91.00.75-1.00.771.01.0-0.740.77-0.77-0.33-0.951.00.75-0.811.0-1.00.751.0-0.95-0.95
1.00.721.00.891.00.72-1.00.751.01.0-0.710.75-0.74-0.29-0.951.00.72-0.841.0-1.00.721.0-0.95-0.95
0.721.00.690.950.721.0-0.741.00.720.72-0.941.0-0.92-0.8-0.590.750.72-0.270.72-0.741.00.72-0.59-0.59
-0.84-0.27-0.86-0.57-0.84-0.270.84-0.3-0.84-0.840.21-0.30.25-0.280.79-0.81-0.84-0.27-0.840.83-0.27-0.840.790.79
1.00.721.00.891.00.72-1.00.751.01.0-0.710.75-0.74-0.29-0.951.01.00.72-0.84-1.00.721.0-0.95-0.95
-1.0-0.74-1.0-0.91-1.0-0.741.0-0.77-1.0-1.00.71-0.770.740.30.93-1.0-1.0-0.740.83-1.0-0.74-1.00.930.93
0.721.00.690.950.721.0-0.741.00.720.72-0.941.0-0.92-0.8-0.590.750.721.0-0.270.72-0.740.72-0.59-0.59
1.00.721.00.891.00.72-1.00.751.01.0-0.710.75-0.74-0.29-0.951.01.00.72-0.841.0-1.00.72-0.95-0.95
-0.95-0.59-0.95-0.75-0.95-0.590.93-0.61-0.95-0.950.69-0.610.730.271.0-0.95-0.95-0.590.79-0.950.93-0.59-0.951.0
-0.95-0.59-0.95-0.75-0.95-0.590.93-0.61-0.95-0.950.69-0.610.730.271.0-0.95-0.95-0.590.79-0.950.93-0.59-0.951.0
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Golden Star Account Relationship Matchups

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