Grande Total Assets vs Other Stockholder Equity Analysis

GPG Stock  CAD 0.20  0.01  4.76%   
Grande Portage financial indicator trend analysis is much more than just examining Grande Portage Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grande Portage Resources is a good investment. Please check the relationship between Grande Portage Total Assets and its Other Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grande Portage Resources. 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.

Total Assets vs Other Stockholder Equity

Total Assets vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grande Portage Resources Total Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Grande Portage's Total Assets and Other Stockholder Equity is 0.17. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Grande Portage Resources, assuming nothing else is changed. The correlation between historical values of Grande Portage's Total Assets and Other Stockholder Equity 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 Assets of Grande Portage Resources are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Assets i.e., Grande Portage's Total Assets and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of Grande Portage assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Grande Portage Resources books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Other Stockholder Equity

Most indicators from Grande Portage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grande Portage Resources 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 Grande Portage Resources. 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, Grande Portage's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 1.8 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (24.77) in 2024.

Grande Portage fundamental ratios Correlations

0.781.00.99-0.24-0.620.840.310.990.41-0.030.930.170.780.410.560.77-0.310.58-0.43-0.160.09-0.20.830.92-0.24
0.780.760.82-0.02-0.580.960.10.82-0.06-0.160.80.011.0-0.060.450.94-0.140.48-0.450.140.03-0.380.660.71-0.02
1.00.760.99-0.26-0.610.820.320.990.43-0.030.920.180.760.430.560.75-0.310.58-0.42-0.170.1-0.190.830.92-0.25
0.990.820.99-0.15-0.610.870.221.00.3-0.070.930.130.830.30.560.82-0.290.58-0.42-0.150.08-0.230.820.92-0.23
-0.24-0.02-0.26-0.150.31-0.09-1.0-0.15-0.820.07-0.260.020.01-0.8-0.11-0.050.18-0.10.3-0.09-0.10.2-0.33-0.230.09
-0.62-0.58-0.61-0.610.31-0.6-0.35-0.61-0.280.44-0.760.34-0.56-0.26-0.66-0.70.58-0.660.48-0.37-0.210.56-0.77-0.430.0
0.840.960.820.87-0.09-0.60.170.870.02-0.250.89-0.060.960.010.380.94-0.070.41-0.610.170.12-0.310.750.82-0.23
0.310.10.320.22-1.0-0.350.170.220.81-0.080.32-0.020.070.790.140.12-0.180.14-0.330.10.1-0.220.390.29-0.1
0.990.820.991.0-0.15-0.610.870.220.3-0.070.930.130.830.30.560.82-0.290.58-0.42-0.140.08-0.230.820.92-0.23
0.41-0.060.430.3-0.82-0.280.020.810.30.190.340.27-0.080.990.16-0.06-0.250.15-0.23-0.130.070.130.430.39-0.15
-0.03-0.16-0.03-0.070.070.44-0.25-0.08-0.070.19-0.310.95-0.170.260.07-0.34-0.140.060.39-0.670.060.19-0.28-0.12-0.08
0.930.80.920.93-0.26-0.760.890.320.930.34-0.31-0.080.80.320.430.87-0.170.45-0.650.210.08-0.180.90.91-0.22
0.170.010.180.130.020.34-0.06-0.020.130.270.95-0.080.010.330.08-0.15-0.070.080.25-0.61-0.010.24-0.120.12-0.13
0.781.00.760.830.01-0.560.960.070.83-0.08-0.170.80.01-0.090.440.94-0.110.47-0.440.130.01-0.360.660.72-0.04
0.41-0.060.430.3-0.8-0.260.010.790.30.990.260.320.33-0.090.18-0.07-0.270.17-0.22-0.180.140.120.420.38-0.16
0.560.450.560.56-0.11-0.660.380.140.560.160.070.430.080.440.180.46-0.911.00.12-0.340.19-0.780.380.20.05
0.770.940.750.82-0.05-0.70.940.120.82-0.06-0.340.87-0.150.94-0.070.46-0.160.49-0.520.260.13-0.430.720.71-0.02
-0.31-0.14-0.31-0.290.180.58-0.07-0.18-0.29-0.25-0.14-0.17-0.07-0.11-0.27-0.91-0.16-0.89-0.240.37-0.220.74-0.240.07-0.09
0.580.480.580.58-0.1-0.660.410.140.580.150.060.450.080.470.171.00.49-0.890.1-0.340.18-0.770.40.230.04
-0.43-0.45-0.42-0.420.30.48-0.61-0.33-0.42-0.230.39-0.650.25-0.44-0.220.12-0.52-0.240.1-0.55-0.3-0.1-0.6-0.560.36
-0.160.14-0.17-0.15-0.09-0.370.170.1-0.14-0.13-0.670.21-0.610.13-0.18-0.340.260.37-0.34-0.55-0.020.080.22-0.010.09
0.090.030.10.08-0.1-0.210.120.10.080.070.060.08-0.010.010.140.190.13-0.220.18-0.3-0.02-0.20.130.02-0.16
-0.2-0.38-0.19-0.230.20.56-0.31-0.22-0.230.130.19-0.180.24-0.360.12-0.78-0.430.74-0.77-0.10.08-0.2-0.160.11-0.14
0.830.660.830.82-0.33-0.770.750.390.820.43-0.280.9-0.120.660.420.380.72-0.240.4-0.60.220.13-0.160.8-0.2
0.920.710.920.92-0.23-0.430.820.290.920.39-0.120.910.120.720.380.20.710.070.23-0.56-0.010.020.110.8-0.31
-0.24-0.02-0.25-0.230.090.0-0.23-0.1-0.23-0.15-0.08-0.22-0.13-0.04-0.160.05-0.02-0.090.040.360.09-0.16-0.14-0.2-0.31
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Grande Portage Account Relationship Matchups

Grande Portage fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.4M17.9M19.6M20.9M24.0M25.2M
Total Current Liabilities450.3K433.8K276.1K962.4K1.1M1.2M
Total Stockholder Equity12.0M17.4M19.3M19.8M22.7M23.9M
Property Plant And Equipment Net10.8M14.3M17.1M20.3M23.4M24.5M
Net Debt(1.5M)(3.4M)(318.0K)(213.1K)(191.8K)(201.3K)
Retained Earnings(19.7M)(20.9M)(22.2M)(23.3M)(20.9M)(19.9M)
Accounts Payable450.3K433.8K276.1K919.2K1.1M1.1M
Cash1.5M3.4M318.0K344.2K395.8K376.0K
Non Current Assets Total10.9M14.4M17.2M20.5M23.5M24.7M
Cash And Short Term Investments1.5M3.4M2.3M344.2K395.8K376.0K
Net Receivables15.1K9.8K6.3K5.9K5.3K5.1K
Common Stock Shares Outstanding67.4M87.6M106.9M110.8M127.4M133.8M
Liabilities And Stockholders Equity12.4M17.9M19.6M20.9M24.0M25.2M
Total Liab450.3K433.8K276.1K1.1M1.3M1.3M
Total Current Assets1.6M3.5M2.4M403.9K464.5K441.3K
Accumulated Other Comprehensive Income2.9M3.3M3.8M4.2M4.9M5.1M
Other Current Assets61.4K83.4K52.7K53.9K48.5K46.1K
Short Term Investments4.2K2.2K1.2K949.02.0M0.0
Common Stock28.8M35.1M37.7M38.8M44.6M27.0M
Net Tangible Assets7.9M12.0M17.4M19.3M22.2M23.3M
Property Plant Equipment7.8M10.8M14.3M17.1M19.7M20.7M
Net Invested Capital12.0M17.4M19.3M19.8M22.7M14.2M
Net Working Capital1.1M3.1M2.1M(558.5K)(642.2K)(610.1K)
Capital Stock28.8M35.1M37.7M38.8M44.6M34.4M

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