Plato Common Stock Shares Outstanding vs Short Term Debt Analysis

PGC Stock  CAD 0.03  0.01  16.67%   
Plato Gold financial indicator trend analysis is much more than just breaking down Plato Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plato Gold Corp is a good investment. Please check the relationship between Plato Gold Common Stock Shares Outstanding and its Short Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plato Gold Corp. 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.

Common Stock Shares Outstanding vs Short Term Debt

Common Stock Shares Outstanding vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plato Gold Corp Common Stock Shares Outstanding account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Plato Gold's Common Stock Shares Outstanding and Short Term Debt is -0.28. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Plato Gold Corp, assuming nothing else is changed. The correlation between historical values of Plato Gold's Common Stock Shares Outstanding and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Plato Gold Corp are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Common Stock Shares Outstanding i.e., Plato Gold's Common Stock Shares Outstanding and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Short Term Debt

Most indicators from Plato Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plato Gold Corp 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plato Gold Corp. 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.
Enterprise Value is likely to climb to about 6.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 109.1 K in 2024.
 2023 2024 (projected)
Tax Provision278.1247.2
Interest Income5.5K3.6K

Plato Gold fundamental ratios Correlations

-0.390.97-0.350.16-0.220.270.10.760.280.76-0.280.430.05-0.170.970.97-0.110.6-0.27-0.10.52-0.05-0.21-0.360.16
-0.39-0.610.39-0.560.81-0.130.07-0.230.29-0.020.99-0.29-0.510.37-0.54-0.540.47-0.370.70.25-0.67-0.110.330.52-0.15
0.97-0.61-0.410.27-0.410.270.070.710.170.67-0.510.440.16-0.220.980.98-0.240.59-0.43-0.140.65-0.03-0.25-0.470.2
-0.350.39-0.41-0.190.19-0.67-0.61-0.19-0.06-0.40.38-0.61-0.20.46-0.34-0.340.7-0.210.53-0.42-0.29-0.580.190.36-0.18
0.16-0.560.27-0.19-0.570.10.030.53-0.840.1-0.520.60.95-0.360.310.30.150.630.07-0.45-0.070.02-0.840.32-0.65
-0.220.81-0.410.19-0.57-0.060.09-0.220.380.060.81-0.25-0.480.13-0.35-0.340.19-0.210.370.46-0.43-0.020.350.180.09
0.27-0.130.27-0.670.1-0.060.860.180.080.65-0.140.710.17-0.310.170.17-0.11-0.04-0.190.390.190.19-0.28-0.13-0.05
0.10.070.07-0.610.030.090.860.170.040.570.050.750.14-0.21-0.04-0.05-0.08-0.11-0.070.66-0.080.33-0.330.01-0.2
0.76-0.230.71-0.190.53-0.220.180.17-0.20.74-0.110.680.43-0.240.730.720.250.770.17-0.24-0.02-0.01-0.670.19-0.48
0.280.290.17-0.06-0.840.380.080.04-0.20.170.29-0.36-0.840.110.130.15-0.26-0.37-0.280.330.310.110.69-0.480.74
0.76-0.020.67-0.40.10.060.650.570.740.170.070.70.06-0.090.630.630.160.390.070.20.15-0.08-0.34-0.03-0.15
-0.280.99-0.510.38-0.520.81-0.140.05-0.110.290.07-0.24-0.490.35-0.43-0.430.49-0.250.730.21-0.68-0.120.290.54-0.18
0.43-0.290.44-0.610.6-0.250.710.750.68-0.360.7-0.240.63-0.360.40.380.030.47-0.020.21-0.030.22-0.780.13-0.5
0.05-0.510.16-0.20.95-0.480.170.140.43-0.840.06-0.490.63-0.330.180.170.140.460.08-0.29-0.060.0-0.90.3-0.66
-0.170.37-0.220.46-0.360.13-0.31-0.21-0.240.11-0.090.35-0.36-0.33-0.2-0.20.29-0.430.380.170.06-0.740.340.040.15
0.97-0.540.98-0.340.31-0.350.17-0.040.730.130.63-0.430.40.18-0.21.0-0.160.67-0.33-0.240.57-0.08-0.25-0.380.16
0.97-0.540.98-0.340.3-0.340.17-0.050.720.150.63-0.430.380.17-0.21.0-0.170.66-0.34-0.240.59-0.08-0.23-0.40.18
-0.110.47-0.240.70.150.19-0.11-0.080.25-0.260.160.490.030.140.29-0.16-0.170.010.83-0.37-0.5-0.55-0.30.72-0.63
0.6-0.370.59-0.210.63-0.21-0.04-0.110.77-0.370.39-0.250.470.46-0.430.670.660.01-0.06-0.38-0.040.12-0.480.05-0.31
-0.270.7-0.430.530.070.37-0.19-0.070.17-0.280.070.73-0.020.080.38-0.33-0.340.83-0.06-0.23-0.72-0.37-0.220.9-0.67
-0.10.25-0.14-0.42-0.450.460.390.66-0.240.330.20.210.21-0.290.17-0.24-0.24-0.37-0.38-0.230.060.20.18-0.310.27
0.52-0.670.65-0.29-0.07-0.430.19-0.08-0.020.310.15-0.68-0.03-0.060.060.570.59-0.5-0.04-0.720.06-0.220.17-0.850.66
-0.05-0.11-0.03-0.580.02-0.020.190.33-0.010.11-0.08-0.120.220.0-0.74-0.08-0.08-0.550.12-0.370.2-0.22-0.05-0.030.0
-0.210.33-0.250.19-0.840.35-0.28-0.33-0.670.69-0.340.29-0.78-0.90.34-0.25-0.23-0.3-0.48-0.220.180.17-0.05-0.410.79
-0.360.52-0.470.360.320.18-0.130.010.19-0.48-0.030.540.130.30.04-0.38-0.40.720.050.9-0.31-0.85-0.03-0.41-0.84
0.16-0.150.2-0.18-0.650.09-0.05-0.2-0.480.74-0.15-0.18-0.5-0.660.150.160.18-0.63-0.31-0.670.270.660.00.79-0.84
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Plato Gold Account Relationship Matchups

Plato Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9M1.9M2.3M2.5M2.5M1.9M
Total Current Liabilities629.1K629.7K732.0K845.3K1.2M803.2K
Total Stockholder Equity1.3M1.3M1.5M1.6M1.3M1.2M
Net Debt(93.7K)(37.8K)(80.7K)(46.7K)308.0K323.4K
Retained Earnings(11.5M)(11.7M)(12.1M)(12.3M)(12.7M)(12.0M)
Accounts Payable287.22623.2K713.5K723.8K872.1K595.0K
Cash93.7K57.0K112.7K78.8K14.3K13.6K
Cash And Short Term Investments189.3K57.0K112.7K78.8K14.3K13.6K
Net Receivables35.3K29.5K9.7K10.0K30.2K28.7K
Common Stock Shares Outstanding200.8M206.4M213.4M223.8M228.4M136.0M
Liabilities And Stockholders Equity1.9M1.9M2.3M2.5M2.5M1.9M
Other Stockholder Equity3.4M3.5M3.6M3.8M3.9M4.6M
Total Liab629.1K648.9K764.0K845.3K1.2M836.1K
Total Current Assets224.6K86.6K139.2K106.8K63.7K60.5K
Other Current Assets35.2529.5416.8K18.0K19.2K18.3K
Property Plant And Equipment Net1.7M1.7M2.1M2.3M2.3M1.7M
Non Current Assets Total1.7M1.8M2.1M2.4M2.4M1.8M
Net Tangible Assets1.3M1.3M1.5M1.6M1.9M2.0M
Inventory(44.9K)(54.0K)(35.25)(29.54)(33.97)(35.67)
Common Stock9.2M9.3M9.7M10.0M10.0M8.9M
Property Plant Equipment1.7M1.7M2.1M2.3M2.6M1.4M
Net Invested Capital1.3M1.3M1.6M1.7M1.3M1.2M
Net Working Capital(404.5K)(543.1K)(592.8K)(738.5K)(1.1M)(1.2M)
Capital Stock9.2M9.3M9.7M10.0M10.0M8.9M

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