Golden Short Term Debt vs Total Current Liabilities 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 Short Term Debt and its Total Current Liabilities 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.
Short Term Debt vs Total Current Liabilities
Short Term Debt vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Golden Star Acquisition Short Term Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Golden Star's Short Term Debt and Total Current Liabilities is 0.95. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Current Liabilities 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 Short Term Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Golden Star Acquisition are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Term Debt i.e., Golden Star's Short Term Debt and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Short Term Debt
Total Current Liabilities
Total Current Liabilities is an item on Golden Star balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Golden Star Acquisition are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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
High Positive Relationship
High Negative Relationship
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