USAU Capex To Depreciation vs Income Quality Analysis

USAU Stock

USD 7.06 0.26 3.55%

US Gold financial indicator trend analysis is much more than just breaking down US Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether US Gold Corp is a good investment. Please check the relationship between US Gold Capex To Depreciation and its Income Quality accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in US 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 nation.

Capex To Depreciation vs Income Quality

Capex To Depreciation vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of US Gold Corp Capex To Depreciation account and Income Quality. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between US Gold's Capex To Depreciation and Income Quality is -0.09. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Income Quality in the same time period over historical financial statements of US Gold Corp, assuming nothing else is changed. The correlation between historical values of US Gold's Capex To Depreciation and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of US Gold Corp are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Capex To Depreciation i.e., US Gold's Capex To Depreciation and Income Quality go up and down completely randomly.

Correlation Coefficient

-0.09

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Most indicators from US Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into US 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 World Market Map to better understand how to build diversified portfolios, which includes a position in US 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 nation.

At this time, US Gold's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 6.6 M in 2024, despite the fact that Enterprise Value Multiple is likely to grow to (4.44).

	2023	2024 (projected)
Non Recurring	4.6M	2.8M
Reconciled Depreciation	88.2K	59.6K

Non Recurring Reconciled Depreciation

US Gold fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Accounts Payable	Non Currrent Assets Other	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Short Long Term Debt Total	Short Term Debt	Intangible Assets	Net Tangible Assets
Total Assets		-0.55	0.97	0.89	-0.86	-0.61	0.87	0.89	0.87	-0.61	0.74	0.55	0.75	0.72	0.06	0.7	-0.25	-0.05	0.48	0.9	-0.16	-0.16	-0.13	-0.53	0.6	0.9
Total Current Liabilities	-0.55		-0.66	-0.68	0.68	0.5	-0.57	-0.65	-0.57	0.94	-0.63	-0.38	-0.64	-0.57	0.51	-0.23	0.57	0.47	0.01	-0.68	0.33	0.33	0.32	0.86	-0.73	-0.72
Total Stockholder Equity	0.97	-0.66		0.87	-0.92	-0.54	0.91	0.85	0.91	-0.7	0.68	0.42	0.76	0.66	-0.16	0.66	-0.34	-0.1	0.37	0.88	-0.2	-0.2	-0.14	-0.6	0.67	0.89
Property Plant And Equipment Net	0.89	-0.68	0.87		-0.7	-0.86	0.67	1.0	0.67	-0.78	0.93	0.7	0.86	0.91	0.06	0.48	-0.52	-0.36	0.43	1.0	-0.44	-0.44	-0.38	-0.68	0.56	0.98
Net Debt	-0.86	0.68	-0.92	-0.7		0.28	-0.99	-0.67	-0.99	0.65	-0.52	-0.33	-0.62	-0.43	0.28	-0.79	0.14	-0.12	-0.28	-0.71	-0.03	-0.03	-0.14	0.5	-0.83	-0.76
Retained Earnings	-0.61	0.5	-0.54	-0.86	0.28		-0.23	-0.88	-0.23	0.64	-0.94	-0.78	-0.73	-0.96	-0.29	-0.11	0.62	0.58	-0.42	-0.85	0.6	0.6	0.6	0.61	-0.2	-0.81
Cash	0.87	-0.57	0.91	0.67	-0.99	-0.23		0.64	1.0	-0.57	0.46	0.28	0.59	0.39	-0.23	0.82	-0.1	0.2	0.32	0.68	0.04	0.04	0.2	-0.39	0.79	0.72
Non Current Assets Total	0.89	-0.65	0.85	1.0	-0.67	-0.88	0.64		0.64	-0.76	0.94	0.72	0.85	0.93	0.1	0.47	-0.52	-0.38	0.45	1.0	-0.44	-0.44	-0.41	-0.68	0.51	0.97
Cash And Short Term Investments	0.87	-0.57	0.91	0.67	-0.99	-0.23	1.0	0.64		-0.57	0.46	0.28	0.59	0.39	-0.23	0.82	-0.1	0.2	0.32	0.68	0.04	0.04	0.2	-0.39	0.79	0.72
Net Receivables	-0.61	0.94	-0.7	-0.78	0.65	0.64	-0.57	-0.76	-0.57		-0.72	-0.4	-0.76	-0.65	0.44	-0.19	0.72	0.53	-0.05	-0.78	0.51	0.51	0.39	0.8	-0.71	-0.77
Common Stock Shares Outstanding	0.74	-0.63	0.68	0.93	-0.52	-0.94	0.46	0.94	0.46	-0.72		0.87	0.8	0.94	0.25	0.35	-0.5	-0.4	0.45	0.93	-0.45	-0.45	-0.38	-0.63	0.46	0.91
Non Current Liabilities Total	0.55	-0.38	0.42	0.7	-0.33	-0.78	0.28	0.72	0.28	-0.4	0.87		0.53	0.76	0.59	0.35	-0.09	-0.19	0.49	0.7	-0.11	-0.11	-0.21	-0.44	0.28	0.69
Other Current Assets	0.75	-0.64	0.76	0.86	-0.62	-0.73	0.59	0.85	0.59	-0.76	0.8	0.53		0.77	-0.07	0.38	-0.6	-0.29	0.23	0.86	-0.46	-0.46	-0.36	-0.65	0.51	0.82
Other Stockholder Equity	0.72	-0.57	0.66	0.91	-0.43	-0.96	0.39	0.93	0.39	-0.65	0.94	0.76	0.77		0.21	0.27	-0.6	-0.52	0.47	0.91	-0.57	-0.57	-0.53	-0.64	0.29	0.89
Total Liab	0.06	0.51	-0.16	0.06	0.28	-0.29	-0.23	0.1	-0.23	0.44	0.25	0.59	-0.07	0.21		0.11	0.42	0.24	0.46	0.06	0.2	0.2	0.09	0.34	-0.37	0.01
Total Current Assets	0.7	-0.23	0.66	0.48	-0.79	-0.11	0.82	0.47	0.82	-0.19	0.35	0.35	0.38	0.27	0.11		0.23	0.43	0.46	0.5	0.32	0.32	0.36	-0.11	0.54	0.57
Other Current Liab	-0.25	0.57	-0.34	-0.52	0.14	0.62	-0.1	-0.52	-0.1	0.72	-0.5	-0.09	-0.6	-0.6	0.42	0.23		0.71	-0.03	-0.51	0.8	0.8	0.61	0.54	-0.17	-0.48
Accounts Payable	-0.05	0.47	-0.1	-0.36	-0.12	0.58	0.2	-0.38	0.2	0.53	-0.4	-0.19	-0.29	-0.52	0.24	0.43	0.71		0.09	-0.34	0.66	0.66	0.93	0.69	0.14	-0.35
Non Currrent Assets Other	0.48	0.01	0.37	0.43	-0.28	-0.42	0.32	0.45	0.32	-0.05	0.45	0.49	0.23	0.47	0.46	0.46	-0.03	0.09		0.43	-0.02	-0.02	-0.02	-0.04	0.03	0.45
Property Plant And Equipment Gross	0.9	-0.68	0.88	1.0	-0.71	-0.85	0.68	1.0	0.68	-0.78	0.93	0.7	0.86	0.91	0.06	0.5	-0.51	-0.34	0.43		-0.43	-0.43	-0.35	-0.68	0.58	0.98
Common Stock Total Equity	-0.16	0.33	-0.2	-0.44	-0.03	0.6	0.04	-0.44	0.04	0.51	-0.45	-0.11	-0.46	-0.57	0.2	0.32	0.8	0.66	-0.02	-0.43		1.0	0.55	0.32	-0.08	-0.37
Common Stock	-0.16	0.33	-0.2	-0.44	-0.03	0.6	0.04	-0.44	0.04	0.51	-0.45	-0.11	-0.46	-0.57	0.2	0.32	0.8	0.66	-0.02	-0.43	1.0		0.55	0.32	-0.08	-0.37
Short Long Term Debt Total	-0.13	0.32	-0.14	-0.38	-0.14	0.6	0.2	-0.41	0.2	0.39	-0.38	-0.21	-0.36	-0.53	0.09	0.36	0.61	0.93	-0.02	-0.35	0.55	0.55		0.69	0.31	-0.35
Short Term Debt	-0.53	0.86	-0.6	-0.68	0.5	0.61	-0.39	-0.68	-0.39	0.8	-0.63	-0.44	-0.65	-0.64	0.34	-0.11	0.54	0.69	-0.04	-0.68	0.32	0.32	0.69		-0.38	-0.71
Intangible Assets	0.6	-0.73	0.67	0.56	-0.83	-0.2	0.79	0.51	0.79	-0.71	0.46	0.28	0.51	0.29	-0.37	0.54	-0.17	0.14	0.03	0.58	-0.08	-0.08	0.31	-0.38		0.58
Net Tangible Assets	0.9	-0.72	0.89	0.98	-0.76	-0.81	0.72	0.97	0.72	-0.77	0.91	0.69	0.82	0.89	0.01	0.57	-0.48	-0.35	0.45	0.98	-0.37	-0.37	-0.35	-0.71	0.58

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US Gold Account Relationship Matchups

US Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.8M	31.3M	27.5M	24.2M	22.6M	17.1M
Total Current Liabilities	157.8K	619.0K	1.1M	378.8K	452.8K	430.2K
Total Stockholder Equity	9.5M	30.5M	23.7M	18.9M	17.5M	12.6M
Property Plant And Equipment Net	6.3M	16.5M	16.8M	14.9M	14.9M	15.6M
Net Debt	(2.7M)	(13.6M)	(9.0M)	(7.8M)	(5.5M)	(5.8M)
Retained Earnings	(31.6M)	(44.0M)	(57.9M)	(66.0M)	(72.8M)	(69.2M)
Cash	2.7M	13.6M	9.1M	7.8M	5.6M	5.2M
Non Current Assets Total	6.7M	17.2M	17.6M	15.8M	16.1M	16.9M
Cash And Short Term Investments	2.7M	13.6M	9.1M	7.8M	5.6M	5.2M
Common Stock Shares Outstanding	2.3M	4.7M	7.3M	8.4M	9.4M	9.8M
Liabilities And Stockholders Equity	9.8M	31.3M	27.5M	24.2M	22.6M	17.1M
Non Current Liabilities Total	168.4K	204.6K	2.7M	4.9M	4.7M	4.9M
Other Current Assets	212.7K	860.7K	1.6M	610.1K	948.8K	996.3K
Other Stockholder Equity	41.1M	74.5M	81.6M	84.8M	90.3M	94.8M
Total Liab	326.2K	823.7K	3.8M	5.3M	5.1M	4.5M
Total Current Assets	3.2M	14.1M	9.9M	8.4M	6.5M	12.8M
Other Current Liab	47.9K	3.5K	(55.6K)	346.7K	1.5K	1.4K
Accounts Payable	154.4K	619.0K	1.1M	346.7K	336.3K	319.5K
Non Currrent Assets Other	355.6K	718.5K	832.5K	857.5K	1.2M	1.2M
Property Plant And Equipment Gross	6.3M	16.5M	16.8M	15.0M	15.0M	15.8M
Common Stock Total Equity	17.6K	19.9K	2.9K	7.1K	6.4K	6.0K
Common Stock	2.9K	7.1K	8.4K	9.3K	10.7K	10.2K
Net Tangible Assets	7.2M	9.5M	30.5M	23.7M	27.2M	28.6M
Retained Earnings Total Equity	(18.2M)	(26.3M)	(31.6M)	(44.0M)	(39.6M)	(37.6M)
Capital Surpluse	30.9M	33.4M	41.1M	74.5M	85.6M	89.9M
Property Plant Equipment	74.9K	133.4K	16.5M	16.8M	19.3M	20.3M
Net Invested Capital	9.5M	30.5M	23.7M	18.9M	17.5M	17.0M
Net Working Capital	3.0M	13.5M	8.8M	8.1M	6.1M	7.0M

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