Roscan Short Term Debt vs Total Current Liabilities Analysis

ROS Stock

CAD 0.07 0.00 0.00%

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

Short Term Debt vs Total Current Liabilities Correlation Analysis

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

The correlation between Roscan Gold's Short Term Debt and Total Current Liabilities is -0.23. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Roscan Gold Corp, assuming nothing else is changed. The correlation between historical values of Roscan Gold's Short Term Debt and Total Current Liabilities 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 Roscan Gold Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Term Debt i.e., Roscan Gold's Short Term Debt and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.23

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Short Term Debt

Total Current Liabilities

Total Current Liabilities is an item on Roscan Gold balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Roscan Gold Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most indicators from Roscan Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Roscan 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 Roscan 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 62.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.2 M in 2024.

Roscan Gold fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Current Assets	Short Long Term Debt Total	Short Term Debt	Inventory	Other Current Liab	Net Tangible Assets	Short Long Term Debt	Current Deferred Revenue	Net Invested Capital	Net Working Capital
Total Assets		0.21	0.81	-0.07	-1.0	-0.25	0.07	1.0	0.58	1.0	0.53	0.21	0.06	0.21	1.0	0.23	0.63	-0.04	-0.05	0.13	0.77	0.86	0.31	-0.14	0.81	0.81
Total Current Liabilities	0.21		-0.39	-0.52	-0.17	-0.78	0.98	0.16	0.51	0.16	0.53	0.82	0.65	1.0	0.21	0.78	0.7	-0.22	-0.23	-0.57	0.58	-0.28	0.68	0.56	-0.39	-0.39
Total Stockholder Equity	0.81	-0.39		0.21	-0.84	0.21	-0.51	0.84	0.2	0.84	0.15	-0.25	-0.3	-0.39	0.82	-0.21	0.16	0.08	0.09	0.38	0.35	0.98	-0.09	-0.39	1.0	1.0
Property Plant And Equipment Net	-0.07	-0.52	0.21		0.08	0.81	-0.57	-0.07	0.12	-0.07	-0.27	-0.8	-0.69	-0.52	-0.07	-0.83	-0.05	0.35	0.34	0.5	-0.07	0.09	-0.43	-0.51	0.23	0.22
Net Debt	-1.0	-0.17	-0.84	0.08		0.25	-0.04	-1.0	-0.54	-1.0	-0.48	-0.21	-0.06	-0.17	-1.0	-0.23	-0.57	0.09	0.09	-0.14	-0.74	-0.88	-0.28	0.14	-0.83	-0.84
Retained Earnings	-0.25	-0.78	0.21	0.81	0.25		-0.78	-0.23	-0.1	-0.23	-0.24	-0.98	-0.84	-0.77	-0.25	-0.98	-0.39	0.31	0.3	0.48	-0.37	0.07	-0.7	-0.5	0.21	0.2
Accounts Payable	0.07	0.98	-0.51	-0.57	-0.04	-0.78		0.02	0.4	0.02	0.44	0.83	0.69	0.98	0.07	0.8	0.58	-0.28	-0.29	-0.63	0.47	-0.39	0.63	0.62	-0.51	-0.5
Cash	1.0	0.16	0.84	-0.07	-1.0	-0.23	0.02		0.54	1.0	0.48	0.19	0.05	0.16	1.0	0.22	0.58	-0.04	-0.04	0.15	0.73	0.89	0.29	-0.15	0.84	0.84
Non Current Assets Total	0.58	0.51	0.2	0.12	-0.54	-0.1	0.4	0.54		0.54	0.84	0.08	-0.02	0.52	0.58	0.05	0.82	-0.12	-0.14	0.14	0.89	0.18	0.22	-0.14	0.19	0.2
Cash And Short Term Investments	1.0	0.16	0.84	-0.07	-1.0	-0.23	0.02	1.0	0.54		0.48	0.19	0.05	0.16	1.0	0.22	0.58	-0.04	-0.04	0.15	0.73	0.89	0.29	-0.15	0.84	0.84
Net Receivables	0.53	0.53	0.15	-0.27	-0.48	-0.24	0.44	0.48	0.84	0.48		0.22	0.07	0.54	0.52	0.2	0.72	-0.13	-0.15	0.05	0.73	0.14	0.31	-0.02	0.13	0.13
Common Stock Shares Outstanding	0.21	0.82	-0.25	-0.8	-0.21	-0.98	0.83	0.19	0.08	0.19	0.22		0.83	0.81	0.21	0.99	0.4	-0.29	-0.29	-0.64	0.35	-0.11	0.74	0.63	-0.25	-0.25
Other Stockholder Equity	0.06	0.65	-0.3	-0.69	-0.06	-0.84	0.69	0.05	-0.02	0.05	0.07	0.83		0.65	0.06	0.84	0.19	-0.35	-0.35	-0.49	0.12	-0.18	0.49	0.49	-0.31	-0.3
Total Liab	0.21	1.0	-0.39	-0.52	-0.17	-0.77	0.98	0.16	0.52	0.16	0.54	0.81	0.65		0.21	0.78	0.7	-0.22	-0.23	-0.57	0.59	-0.28	0.68	0.56	-0.39	-0.39
Total Current Assets	1.0	0.21	0.82	-0.07	-1.0	-0.25	0.07	1.0	0.58	1.0	0.52	0.21	0.06	0.21		0.23	0.62	-0.04	-0.05	0.13	0.76	0.86	0.31	-0.14	0.81	0.82
Common Stock	0.23	0.78	-0.21	-0.83	-0.23	-0.98	0.8	0.22	0.05	0.22	0.2	0.99	0.84	0.78	0.23		0.36	-0.3	-0.3	-0.63	0.33	-0.06	0.69	0.63	-0.21	-0.2
Other Current Assets	0.63	0.7	0.16	-0.05	-0.57	-0.39	0.58	0.58	0.82	0.58	0.72	0.4	0.19	0.7	0.62	0.36		0.21	0.19	-0.11	0.83	0.2	0.7	0.11	0.17	0.16
Short Long Term Debt Total	-0.04	-0.22	0.08	0.35	0.09	0.31	-0.28	-0.04	-0.12	-0.04	-0.13	-0.29	-0.35	-0.22	-0.04	-0.3	0.21		1.0	0.15	-0.21	0.05	0.3	-0.16	0.13	0.09
Short Term Debt	-0.05	-0.23	0.09	0.34	0.09	0.3	-0.29	-0.04	-0.14	-0.04	-0.15	-0.29	-0.35	-0.23	-0.05	-0.3	0.19	1.0		0.15	-0.23	0.05	0.29	-0.15	0.13	0.09
Inventory	0.13	-0.57	0.38	0.5	-0.14	0.48	-0.63	0.15	0.14	0.15	0.05	-0.64	-0.49	-0.57	0.13	-0.63	-0.11	0.15	0.15		0.02	0.29	-0.41	-0.8	0.38	0.38
Other Current Liab	0.77	0.58	0.35	-0.07	-0.74	-0.37	0.47	0.73	0.89	0.73	0.73	0.35	0.12	0.59	0.76	0.33	0.83	-0.21	-0.23	0.02		0.37	0.39	-0.02	0.34	0.35
Net Tangible Assets	0.86	-0.28	0.98	0.09	-0.88	0.07	-0.39	0.89	0.18	0.89	0.14	-0.11	-0.18	-0.28	0.86	-0.06	0.2	0.05	0.05	0.29	0.37		0.0	-0.3	0.98	0.98
Short Long Term Debt	0.31	0.68	-0.09	-0.43	-0.28	-0.7	0.63	0.29	0.22	0.29	0.31	0.74	0.49	0.68	0.31	0.69	0.7	0.3	0.29	-0.41	0.39	0.0		0.4	-0.07	-0.09
Current Deferred Revenue	-0.14	0.56	-0.39	-0.51	0.14	-0.5	0.62	-0.15	-0.14	-0.15	-0.02	0.63	0.49	0.56	-0.14	0.63	0.11	-0.16	-0.15	-0.8	-0.02	-0.3	0.4		-0.39	-0.39
Net Invested Capital	0.81	-0.39	1.0	0.23	-0.83	0.21	-0.51	0.84	0.19	0.84	0.13	-0.25	-0.31	-0.39	0.81	-0.21	0.17	0.13	0.13	0.38	0.34	0.98	-0.07	-0.39		1.0
Net Working Capital	0.81	-0.39	1.0	0.22	-0.84	0.2	-0.5	0.84	0.2	0.84	0.13	-0.25	-0.3	-0.39	0.82	-0.2	0.16	0.09	0.09	0.38	0.35	0.98	-0.09	-0.39	1.0

Click cells to compare fundamentals

Roscan Gold Account Relationship Matchups

Roscan Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.9M	7.2M	141.4K	152.7K	175.6K	166.8K
Total Current Liabilities	3.7M	1.1M	1.3M	2.6M	2.9M	3.1M
Total Stockholder Equity	(810.3K)	6.1M	(1.2M)	(2.4M)	(2.2M)	(2.1M)
Net Debt	(2.3M)	(6.9M)	(47.0K)	(18.8K)	(16.9K)	(17.7K)
Retained Earnings	(38.1M)	(62.7M)	(79.5M)	(84.4M)	(75.9M)	(72.1M)
Accounts Payable	2.9M	449.9K	1.1M	2.4M	2.7M	2.9M
Cash	2.4M	6.9M	47.0K	18.8K	21.6K	20.5K
Cash And Short Term Investments	2.4M	6.9M	47.0K	18.8K	21.6K	20.5K
Net Receivables	146.6K	69.4K	37.6K	31.9K	36.7K	25.9K
Common Stock Shares Outstanding	195.9M	303.8M	370.0M	385.9M	443.8M	466.0M
Liabilities And Stockholders Equity	2.9M	7.2M	141.4K	152.7K	175.6K	166.8K
Other Stockholder Equity	3.0M	4.6M	7.4M	8.3M	7.4M	7.8M
Total Liab	3.7M	1.1M	1.3M	2.6M	2.9M	3.1M
Total Current Assets	2.9M	7.1M	141.4K	152.7K	175.6K	166.8K
Common Stock	31.1M	63.5M	70.9M	73.7M	84.8M	89.0M
Accumulated Other Comprehensive Income	1.1M	3.1M	3.1M	717.1K	824.6K	1.2M
Other Current Assets	377.8K	211.8K	56.9K	102.0K	117.3K	123.2K
Other Current Liab	799.7K	621.8K	227.5K	174.5K	200.7K	210.0K
Net Tangible Assets	(64.1K)	(810.3K)	6.1M	(1.2M)	(1.4M)	(1.3M)
Net Invested Capital	(810.3K)	6.1M	(1.2M)	(2.4M)	(2.2M)	(2.1M)
Net Working Capital	(836.5K)	6.1M	(1.2M)	(2.4M)	(2.2M)	(2.1M)
Capital Stock	31.1M	63.5M	70.9M	73.7M	84.8M	47.4M

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 Roscan Stock Analysis

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