Gossan Capex To Depreciation vs Free Cash Flow Yield Analysis

GSS Stock

CAD 0.02 0.00 0.00%

Gossan Resources financial indicator trend analysis is much more than just examining Gossan Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gossan Resources is a good investment. Please check the relationship between Gossan Resources Capex To Depreciation and its Free Cash Flow Yield accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gossan 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.

Capex To Depreciation vs Free Cash Flow Yield

Capex To Depreciation vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gossan Resources Capex To Depreciation account and Free Cash Flow Yield. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Gossan Resources' Capex To Depreciation and Free Cash Flow Yield is 0.4. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Gossan Resources, assuming nothing else is changed. The correlation between historical values of Gossan Resources' Capex To Depreciation and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Gossan Resources are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Capex To Depreciation i.e., Gossan Resources' Capex To Depreciation and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.4

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from Gossan Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gossan 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 Gossan 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, Gossan Resources' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 1.44 in 2024, whereas Selling General Administrative is likely to drop slightly above 327.4 K in 2024.

Gossan Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Short Term Investments	Inventory	Other Current Assets	Common Stock	Net Tangible Assets	Other Assets	Property Plant Equipment	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		-0.31	0.94	0.68	-0.36	0.6	-0.06	0.36	0.38	0.24	-0.19	0.29	-0.29	0.45	-0.29	0.35	-0.51	-0.39	-0.52	0.55	-0.01	0.62	0.52	0.52	0.07
Total Current Liabilities	-0.31		-0.46	-0.51	-0.36	-0.55	0.79	0.36	0.32	0.05	0.38	-0.3	1.0	0.38	0.69	-0.46	0.38	0.11	0.5	-0.37	0.13	-0.46	-0.04	-0.04	0.2
Total Stockholder Equity	0.94	-0.46		0.8	-0.38	0.76	-0.18	0.37	0.39	0.03	-0.42	0.39	-0.46	0.38	-0.41	0.34	-0.66	-0.37	-0.64	0.69	-0.16	0.72	0.34	0.34	-0.07
Property Plant And Equipment Net	0.68	-0.51	0.8		0.03	0.87	-0.29	-0.03	-0.07	-0.19	-0.54	-0.04	-0.52	-0.18	-0.35	0.14	-0.45	-0.16	-0.37	0.35	-0.22	0.43	-0.01	-0.01	-0.16
Net Debt	-0.36	-0.36	-0.38	0.03		-0.2	-0.36	-1.0	-0.99	0.34	0.29	-0.58	-0.34	-0.8	-0.17	0.2	0.51	0.27	0.52	-0.62	0.43	-0.5	0.0	0.0	0.3
Retained Earnings	0.6	-0.55	0.76	0.87	-0.2		-0.45	0.2	0.18	-0.47	-0.86	0.22	-0.56	-0.11	-0.25	0.17	-0.64	-0.31	-0.65	0.56	-0.51	0.62	-0.2	-0.2	-0.58
Accounts Payable	-0.06	0.79	-0.18	-0.29	-0.36	-0.45		0.35	0.31	0.16	0.46	-0.14	0.79	0.4	0.12	-0.45	0.2	0.04	0.34	-0.05	0.07	-0.25	0.17	0.17	0.37
Cash	0.36	0.36	0.37	-0.03	-1.0	0.2	0.35		0.99	-0.35	-0.29	0.58	0.34	0.8	0.17	-0.21	-0.51	-0.27	-0.52	0.62	-0.43	0.5	0.0	0.0	-0.3
Cash And Short Term Investments	0.38	0.32	0.39	-0.07	-0.99	0.18	0.31	0.99		-0.29	-0.26	0.63	0.31	0.84	0.16	-0.06	-0.5	-0.27	-0.54	0.65	-0.39	0.52	0.09	0.09	-0.29
Net Receivables	0.24	0.05	0.03	-0.19	0.34	-0.47	0.16	-0.35	-0.29		0.75	-0.18	0.09	0.25	-0.08	0.37	0.33	-0.18	0.36	-0.31	0.82	-0.21	0.79	0.79	0.79
Common Stock Shares Outstanding	-0.19	0.38	-0.42	-0.54	0.29	-0.86	0.46	-0.29	-0.26	0.75		-0.3	0.41	0.15	0.04	-0.01	0.59	0.28	0.64	-0.52	0.71	-0.52	0.52	0.52	0.87
Other Stockholder Equity	0.29	-0.3	0.39	-0.04	-0.58	0.22	-0.14	0.58	0.63	-0.18	-0.3		-0.31	0.52	-0.38	0.19	-0.71	-0.37	-0.86	0.82	-0.49	0.82	0.01	0.01	-0.33
Total Liab	-0.29	1.0	-0.46	-0.52	-0.34	-0.56	0.79	0.34	0.31	0.09	0.41	-0.31		0.38	0.69	-0.45	0.39	0.11	0.5	-0.38	0.15	-0.47	0.0	0.0	0.22
Total Current Assets	0.45	0.38	0.38	-0.18	-0.8	-0.11	0.4	0.8	0.84	0.25	0.15	0.52	0.38		0.14	0.11	-0.33	-0.33	-0.29	0.45	0.09	0.38	0.47	0.47	0.2
Other Current Liab	-0.29	0.69	-0.41	-0.35	-0.17	-0.25	0.12	0.17	0.16	-0.08	0.04	-0.38	0.69	0.14		-0.22	0.35	0.11	0.39	-0.54	0.13	-0.43	-0.22	-0.22	-0.1
Short Term Investments	0.35	-0.46	0.34	0.14	0.2	0.17	-0.45	-0.21	-0.06	0.37	-0.01	0.19	-0.45	0.11	-0.22		-0.04	-0.06	-0.23	0.25	0.25	0.18	0.56	0.56	0.09
Inventory	-0.51	0.38	-0.66	-0.45	0.51	-0.64	0.2	-0.51	-0.5	0.33	0.59	-0.71	0.39	-0.33	0.35	-0.04		0.31	0.83	-0.8	0.58	-0.95	0.13	0.13	0.44
Other Current Assets	-0.39	0.11	-0.37	-0.16	0.27	-0.31	0.04	-0.27	-0.27	-0.18	0.28	-0.37	0.11	-0.33	0.11	-0.06	0.31		0.43	-0.33	0.0	-0.4	-0.24	-0.24	0.18
Common Stock	-0.52	0.5	-0.64	-0.37	0.52	-0.65	0.34	-0.52	-0.54	0.36	0.64	-0.86	0.5	-0.29	0.39	-0.23	0.83	0.43		-0.88	0.67	-0.93	0.1	0.1	0.59
Net Tangible Assets	0.55	-0.37	0.69	0.35	-0.62	0.56	-0.05	0.62	0.65	-0.31	-0.52	0.82	-0.38	0.45	-0.54	0.25	-0.8	-0.33	-0.88		-0.59	0.86	0.09	0.09	-0.41
Other Assets	-0.01	0.13	-0.16	-0.22	0.43	-0.51	0.07	-0.43	-0.39	0.82	0.71	-0.49	0.15	0.09	0.13	0.25	0.58	0.0	0.67	-0.59		-0.55	0.66	0.66	0.83
Property Plant Equipment	0.62	-0.46	0.72	0.43	-0.5	0.62	-0.25	0.5	0.52	-0.21	-0.52	0.82	-0.47	0.38	-0.43	0.18	-0.95	-0.4	-0.93	0.86	-0.55		0.01	0.01	-0.41
Net Invested Capital	0.52	-0.04	0.34	-0.01	0.0	-0.2	0.17	0.0	0.09	0.79	0.52	0.01	0.0	0.47	-0.22	0.56	0.13	-0.24	0.1	0.09	0.66	0.01		1.0	0.62
Net Working Capital	0.52	-0.04	0.34	-0.01	0.0	-0.2	0.17	0.0	0.09	0.79	0.52	0.01	0.0	0.47	-0.22	0.56	0.13	-0.24	0.1	0.09	0.66	0.01	1.0		0.62
Capital Stock	0.07	0.2	-0.07	-0.16	0.3	-0.58	0.37	-0.3	-0.29	0.79	0.87	-0.33	0.22	0.2	-0.1	0.09	0.44	0.18	0.59	-0.41	0.83	-0.41	0.62	0.62

Click cells to compare fundamentals

Gossan Resources Account Relationship Matchups

Gossan Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	86.8K	467.7K	744.5K	324.2K	944.0K	1.7M
Total Current Liabilities	254.2K	274.4K	394.9K	244.3K	195.5K	194.6K
Total Stockholder Equity	(167.3K)	193.4K	349.6K	79.9K	748.4K	711.0K
Net Debt	(27.2K)	(331.5K)	(491.9K)	(131.2K)	(87.1K)	(91.4K)
Retained Earnings	(13.7M)	(14.2M)	(16.4M)	(17.6M)	(17.0M)	(16.1M)
Accounts Payable	34.4K	108.1K	291.9K	140.9K	83.6K	87.2K
Cash	27.2K	331.5K	491.9K	131.2K	87.1K	82.7K
Cash And Short Term Investments	27.2K	331.5K	491.9K	131.2K	192.1K	182.5K
Net Receivables	56.6K	134.7K	251.8K	157.0K	750.7K	788.2K
Common Stock Shares Outstanding	33.7M	38.0M	57.1M	65.9M	66.8M	70.1M
Liabilities And Stockholders Equity	86.8K	467.7K	744.5K	324.2K	944.0K	1.7M
Other Stockholder Equity	1.6M	1.9M	2.2M	2.4M	2.4M	2.3M
Total Liab	254.2K	274.4K	394.9K	244.3K	195.5K	218.2K
Total Current Assets	86.8K	467.7K	744.5K	324.2K	944.0K	610.5K
Other Current Liab	219.8K	166.3K	103.0K	103.5K	112.0K	130.2K
Other Current Assets	3.0K	1.6K	750.0	36.1K	1.2K	1.1K
Common Stock	11.9M	12.5M	14.6M	15.3M	17.6M	10.7M
Net Tangible Assets	(167.3K)	193.4K	349.6K	79.9K	71.9K	68.3K
Net Invested Capital	(167.3K)	193.4K	349.6K	79.9K	748.4K	785.8K
Net Working Capital	(167.3K)	193.4K	349.6K	79.9K	748.4K	785.8K
Capital Stock	11.9M	12.5M	14.6M	15.3M	17.6M	14.9M

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 Gossan Stock Analysis

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