Gossan Days Sales Outstanding vs Ev To Sales 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 Days Sales Outstanding and its Ev To Sales 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.
Days Sales Outstanding vs Ev To Sales
Days Sales Outstanding vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gossan Resources Days Sales Outstanding account and Ev To Sales. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Gossan Resources' Days Sales Outstanding and Ev To Sales is -0.23. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Ev To Sales 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' Days Sales Outstanding and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Gossan Resources are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Days Sales Outstanding i.e., Gossan Resources' Days Sales Outstanding and Ev To Sales go up and down completely randomly.
Correlation Coefficient | -0.23 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Days Sales Outstanding
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.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
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Gossan Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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