Gossan Net Invested Capital vs Other Stockholder Equity 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 Net Invested Capital 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 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.
Net Invested Capital vs Other Stockholder Equity
Net Invested Capital vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gossan Resources Net Invested Capital account and Other Stockholder Equity. At this time, the significance of the direction appears to have no relationship.
The correlation between Gossan Resources' Net Invested Capital and Other Stockholder Equity is 0.01. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Other Stockholder Equity 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' Net Invested Capital 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 Net Invested Capital of Gossan 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 Net Invested Capital i.e., Gossan Resources' Net Invested Capital and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.01 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Other Stockholder Equity
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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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.