Plato Short Term Debt vs Short Term Investments 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 Short Term Debt and its Short Term Investments 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.

Short Term Debt vs Short Term Investments

Short Term Debt vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plato Gold Corp Short Term Debt account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Plato Gold's Short Term Debt and Short Term Investments is -0.23. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Short Term Investments 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 Short Term Debt and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Plato Gold Corp are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Short Term Debt i.e., Plato Gold's Short Term Debt and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.23

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Short Term Debt

Short Term Investments

Short Term Investments is an item under the current assets section of Plato Gold balance sheet. It contains any investments Plato Gold Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Plato Gold Corp can easily liquidate in the marketplace.

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 Provision	278.1	247.2
Interest Income	5.5K	3.6K

Tax Provision Interest Income

Plato Gold fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	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 Assets	Other Current Liab	Property Plant And Equipment Net	Non Current Assets Total	Short Long Term Debt Total	Non Current Liabilities Total	Short Term Debt	Short Term Investments	Net Tangible Assets	Current Deferred Revenue	Inventory	Short Long Term Debt	Common Stock
Total Assets		-0.39	0.97	-0.35	0.16	-0.22	0.27	0.1	0.76	0.28	0.76	-0.28	0.43	0.05	-0.17	0.97	0.97	-0.11	0.6	-0.27	-0.1	0.52	-0.05	-0.21	-0.36	0.16
Total Current Liabilities	-0.39		-0.61	0.39	-0.56	0.81	-0.13	0.07	-0.23	0.29	-0.02	0.99	-0.29	-0.51	0.37	-0.54	-0.54	0.47	-0.37	0.7	0.25	-0.67	-0.11	0.33	0.52	-0.15
Total Stockholder Equity	0.97	-0.61		-0.41	0.27	-0.41	0.27	0.07	0.71	0.17	0.67	-0.51	0.44	0.16	-0.22	0.98	0.98	-0.24	0.59	-0.43	-0.14	0.65	-0.03	-0.25	-0.47	0.2
Net Debt	-0.35	0.39	-0.41		-0.19	0.19	-0.67	-0.61	-0.19	-0.06	-0.4	0.38	-0.61	-0.2	0.46	-0.34	-0.34	0.7	-0.21	0.53	-0.42	-0.29	-0.58	0.19	0.36	-0.18
Retained Earnings	0.16	-0.56	0.27	-0.19		-0.57	0.1	0.03	0.53	-0.84	0.1	-0.52	0.6	0.95	-0.36	0.31	0.3	0.15	0.63	0.07	-0.45	-0.07	0.02	-0.84	0.32	-0.65
Accounts Payable	-0.22	0.81	-0.41	0.19	-0.57		-0.06	0.09	-0.22	0.38	0.06	0.81	-0.25	-0.48	0.13	-0.35	-0.34	0.19	-0.21	0.37	0.46	-0.43	-0.02	0.35	0.18	0.09
Cash	0.27	-0.13	0.27	-0.67	0.1	-0.06		0.86	0.18	0.08	0.65	-0.14	0.71	0.17	-0.31	0.17	0.17	-0.11	-0.04	-0.19	0.39	0.19	0.19	-0.28	-0.13	-0.05
Cash And Short Term Investments	0.1	0.07	0.07	-0.61	0.03	0.09	0.86		0.17	0.04	0.57	0.05	0.75	0.14	-0.21	-0.04	-0.05	-0.08	-0.11	-0.07	0.66	-0.08	0.33	-0.33	0.01	-0.2
Net Receivables	0.76	-0.23	0.71	-0.19	0.53	-0.22	0.18	0.17		-0.2	0.74	-0.11	0.68	0.43	-0.24	0.73	0.72	0.25	0.77	0.17	-0.24	-0.02	-0.01	-0.67	0.19	-0.48
Common Stock Shares Outstanding	0.28	0.29	0.17	-0.06	-0.84	0.38	0.08	0.04	-0.2		0.17	0.29	-0.36	-0.84	0.11	0.13	0.15	-0.26	-0.37	-0.28	0.33	0.31	0.11	0.69	-0.48	0.74
Other Stockholder Equity	0.76	-0.02	0.67	-0.4	0.1	0.06	0.65	0.57	0.74	0.17		0.07	0.7	0.06	-0.09	0.63	0.63	0.16	0.39	0.07	0.2	0.15	-0.08	-0.34	-0.03	-0.15
Total Liab	-0.28	0.99	-0.51	0.38	-0.52	0.81	-0.14	0.05	-0.11	0.29	0.07		-0.24	-0.49	0.35	-0.43	-0.43	0.49	-0.25	0.73	0.21	-0.68	-0.12	0.29	0.54	-0.18
Total Current Assets	0.43	-0.29	0.44	-0.61	0.6	-0.25	0.71	0.75	0.68	-0.36	0.7	-0.24		0.63	-0.36	0.4	0.38	0.03	0.47	-0.02	0.21	-0.03	0.22	-0.78	0.13	-0.5
Other Current Assets	0.05	-0.51	0.16	-0.2	0.95	-0.48	0.17	0.14	0.43	-0.84	0.06	-0.49	0.63		-0.33	0.18	0.17	0.14	0.46	0.08	-0.29	-0.06	0.0	-0.9	0.3	-0.66
Other Current Liab	-0.17	0.37	-0.22	0.46	-0.36	0.13	-0.31	-0.21	-0.24	0.11	-0.09	0.35	-0.36	-0.33		-0.2	-0.2	0.29	-0.43	0.38	0.17	0.06	-0.74	0.34	0.04	0.15
Property Plant And Equipment Net	0.97	-0.54	0.98	-0.34	0.31	-0.35	0.17	-0.04	0.73	0.13	0.63	-0.43	0.4	0.18	-0.2		1.0	-0.16	0.67	-0.33	-0.24	0.57	-0.08	-0.25	-0.38	0.16
Non Current Assets Total	0.97	-0.54	0.98	-0.34	0.3	-0.34	0.17	-0.05	0.72	0.15	0.63	-0.43	0.38	0.17	-0.2	1.0		-0.17	0.66	-0.34	-0.24	0.59	-0.08	-0.23	-0.4	0.18
Short Long Term Debt Total	-0.11	0.47	-0.24	0.7	0.15	0.19	-0.11	-0.08	0.25	-0.26	0.16	0.49	0.03	0.14	0.29	-0.16	-0.17		0.01	0.83	-0.37	-0.5	-0.55	-0.3	0.72	-0.63
Non Current Liabilities Total	0.6	-0.37	0.59	-0.21	0.63	-0.21	-0.04	-0.11	0.77	-0.37	0.39	-0.25	0.47	0.46	-0.43	0.67	0.66	0.01		-0.06	-0.38	-0.04	0.12	-0.48	0.05	-0.31
Short Term Debt	-0.27	0.7	-0.43	0.53	0.07	0.37	-0.19	-0.07	0.17	-0.28	0.07	0.73	-0.02	0.08	0.38	-0.33	-0.34	0.83	-0.06		-0.23	-0.72	-0.37	-0.22	0.9	-0.67
Short Term Investments	-0.1	0.25	-0.14	-0.42	-0.45	0.46	0.39	0.66	-0.24	0.33	0.2	0.21	0.21	-0.29	0.17	-0.24	-0.24	-0.37	-0.38	-0.23		0.06	0.2	0.18	-0.31	0.27
Net Tangible Assets	0.52	-0.67	0.65	-0.29	-0.07	-0.43	0.19	-0.08	-0.02	0.31	0.15	-0.68	-0.03	-0.06	0.06	0.57	0.59	-0.5	-0.04	-0.72	0.06		-0.22	0.17	-0.85	0.66
Current Deferred Revenue	-0.05	-0.11	-0.03	-0.58	0.02	-0.02	0.19	0.33	-0.01	0.11	-0.08	-0.12	0.22	0.0	-0.74	-0.08	-0.08	-0.55	0.12	-0.37	0.2	-0.22		-0.05	-0.03	0.0
Inventory	-0.21	0.33	-0.25	0.19	-0.84	0.35	-0.28	-0.33	-0.67	0.69	-0.34	0.29	-0.78	-0.9	0.34	-0.25	-0.23	-0.3	-0.48	-0.22	0.18	0.17	-0.05		-0.41	0.79
Short Long Term Debt	-0.36	0.52	-0.47	0.36	0.32	0.18	-0.13	0.01	0.19	-0.48	-0.03	0.54	0.13	0.3	0.04	-0.38	-0.4	0.72	0.05	0.9	-0.31	-0.85	-0.03	-0.41		-0.84
Common Stock	0.16	-0.15	0.2	-0.18	-0.65	0.09	-0.05	-0.2	-0.48	0.74	-0.15	-0.18	-0.5	-0.66	0.15	0.16	0.18	-0.63	-0.31	-0.67	0.27	0.66	0.0	0.79	-0.84

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Plato Gold Account Relationship Matchups

Plato Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.9M	1.9M	2.3M	2.5M	2.5M	1.9M
Total Current Liabilities	629.1K	629.7K	732.0K	845.3K	1.2M	803.2K
Total Stockholder Equity	1.3M	1.3M	1.5M	1.6M	1.3M	1.2M
Net Debt	(93.7K)	(37.8K)	(80.7K)	(46.7K)	308.0K	323.4K
Retained Earnings	(11.5M)	(11.7M)	(12.1M)	(12.3M)	(12.7M)	(12.0M)
Accounts Payable	287.22	623.2K	713.5K	723.8K	872.1K	595.0K
Cash	93.7K	57.0K	112.7K	78.8K	14.3K	13.6K
Cash And Short Term Investments	189.3K	57.0K	112.7K	78.8K	14.3K	13.6K
Net Receivables	35.3K	29.5K	9.7K	10.0K	30.2K	28.7K
Common Stock Shares Outstanding	200.8M	206.4M	213.4M	223.8M	228.4M	136.0M
Liabilities And Stockholders Equity	1.9M	1.9M	2.3M	2.5M	2.5M	1.9M
Other Stockholder Equity	3.4M	3.5M	3.6M	3.8M	3.9M	4.6M
Total Liab	629.1K	648.9K	764.0K	845.3K	1.2M	836.1K
Total Current Assets	224.6K	86.6K	139.2K	106.8K	63.7K	60.5K
Other Current Assets	35.25	29.54	16.8K	18.0K	19.2K	18.3K
Property Plant And Equipment Net	1.7M	1.7M	2.1M	2.3M	2.3M	1.7M
Non Current Assets Total	1.7M	1.8M	2.1M	2.4M	2.4M	1.8M
Net Tangible Assets	1.3M	1.3M	1.5M	1.6M	1.9M	2.0M
Inventory	(44.9K)	(54.0K)	(35.25)	(29.54)	(33.97)	(35.67)
Common Stock	9.2M	9.3M	9.7M	10.0M	10.0M	8.9M
Property Plant Equipment	1.7M	1.7M	2.1M	2.3M	2.6M	1.4M
Net Invested Capital	1.3M	1.3M	1.6M	1.7M	1.3M	1.2M
Net Working Capital	(404.5K)	(543.1K)	(592.8K)	(738.5K)	(1.1M)	(1.2M)
Capital Stock	9.2M	9.3M	9.7M	10.0M	10.0M	8.9M

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