Vista Asset Turnover vs Net Debt Analysis

VGZ Stock  USD 0.59  0.01  1.67%   
Vista Gold financial indicator trend analysis is much more than just breaking down Vista Gold prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vista Gold is a good investment. Please check the relationship between Vista Gold Asset Turnover and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vista Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Vista Stock please use our How to Invest in Vista Gold guide.

Asset Turnover vs Net Debt

Asset Turnover vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vista Gold Asset Turnover account and Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Vista Gold's Asset Turnover and Net Debt is -0.09. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Net Debt in the same time period over historical financial statements of Vista Gold, assuming nothing else is changed. The correlation between historical values of Vista Gold's Asset Turnover and Net 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 Asset Turnover of Vista Gold are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Asset Turnover i.e., Vista Gold's Asset Turnover and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Vista Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vista Gold 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 Vista Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Vista Stock please use our How to Invest in Vista Gold guide.At this time, Vista Gold's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 56.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.1 M in 2024.
 2020 2021 2023 2024 (projected)
Net Interest Income16K3K271K145.5K
Interest Income16K3K271K231.8K

Vista Gold fundamental ratios Correlations

-0.71-0.22-0.41-0.77-0.930.18-0.95-0.84-0.15-0.68-0.310.19-0.18-0.88-0.13-0.23-0.01-0.46-0.47-0.9-0.38-0.87-0.75-0.520.83
-0.710.510.591.00.68-0.650.760.620.650.920.30.170.50.440.340.690.390.820.940.650.60.810.340.03-0.55
-0.220.510.970.470.1-0.590.20.490.580.160.320.80.950.020.88-0.050.790.040.60.070.950.36-0.03-0.2-0.11
-0.410.590.970.570.31-0.60.410.680.580.260.310.710.90.250.82-0.050.690.10.630.290.960.530.19-0.11-0.31
-0.771.00.470.570.73-0.610.80.660.60.920.320.10.470.510.320.660.340.810.90.70.580.830.40.09-0.6
-0.930.680.10.310.73-0.260.990.860.230.70.07-0.280.030.93-0.050.29-0.20.510.440.990.250.870.890.33-0.91
0.18-0.65-0.59-0.6-0.61-0.26-0.34-0.39-0.95-0.530.12-0.52-0.52-0.1-0.29-0.45-0.4-0.56-0.75-0.3-0.54-0.39-0.10.650.2
-0.950.760.20.410.80.99-0.340.890.320.750.12-0.180.130.90.030.34-0.070.560.540.980.350.920.850.3-0.92
-0.840.620.490.680.660.86-0.390.890.370.470.110.130.380.850.3-0.010.110.220.450.860.590.860.830.19-0.84
-0.150.650.580.580.60.23-0.950.320.370.55-0.140.540.470.060.220.510.520.560.780.270.490.470.09-0.67-0.25
-0.680.920.160.260.920.7-0.530.750.470.550.12-0.090.130.45-0.040.860.150.950.850.680.240.770.380.05-0.58
-0.310.30.320.310.320.070.120.120.11-0.140.12-0.150.50.010.59-0.030.360.020.180.00.490.12-0.150.460.01
0.190.170.80.710.1-0.28-0.52-0.180.130.54-0.09-0.150.66-0.310.57-0.080.75-0.090.4-0.270.60.05-0.29-0.470.21
-0.180.50.950.90.470.03-0.520.130.380.470.130.50.66-0.050.96-0.060.740.040.560.00.970.25-0.15-0.10.02
-0.880.440.020.250.510.93-0.10.90.850.060.450.01-0.31-0.05-0.090.0-0.290.230.170.930.180.760.910.41-0.87
-0.130.340.880.820.32-0.05-0.290.030.30.22-0.040.590.570.96-0.09-0.230.66-0.140.37-0.10.920.12-0.190.070.09
-0.230.69-0.05-0.050.660.29-0.450.34-0.010.510.86-0.03-0.08-0.060.0-0.230.140.950.740.28-0.050.41-0.01-0.17-0.21
-0.010.390.790.690.34-0.2-0.4-0.070.110.520.150.360.750.74-0.290.660.140.090.56-0.240.680.22-0.38-0.180.12
-0.460.820.040.10.810.51-0.560.560.220.560.950.02-0.090.040.23-0.140.950.090.80.50.090.550.18-0.1-0.38
-0.470.940.60.630.90.44-0.750.540.450.780.850.180.40.560.170.370.740.560.80.420.60.680.12-0.2-0.36
-0.90.650.070.290.70.99-0.30.980.860.270.680.0-0.270.00.93-0.10.28-0.240.50.420.220.850.920.24-0.92
-0.380.60.950.960.580.25-0.540.350.590.490.240.490.60.970.180.92-0.050.680.090.60.220.440.08-0.02-0.19
-0.870.810.360.530.830.87-0.390.920.860.470.770.120.050.250.760.120.410.220.550.680.850.440.710.18-0.83
-0.750.34-0.030.190.40.89-0.10.850.830.090.38-0.15-0.29-0.150.91-0.19-0.01-0.380.180.120.920.080.710.23-0.92
-0.520.03-0.2-0.110.090.330.650.30.19-0.670.050.46-0.47-0.10.410.07-0.17-0.18-0.1-0.20.24-0.020.180.23-0.27
0.83-0.55-0.11-0.31-0.6-0.910.2-0.92-0.84-0.25-0.580.010.210.02-0.870.09-0.210.12-0.38-0.36-0.92-0.19-0.83-0.92-0.27
Click cells to compare fundamentals

Vista Gold Account Relationship Matchups

Vista Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding100.5M104.5M110.3M118.0M121.2M127.2M
Total Assets16.7M17.2M16.3M11.0M8.9M8.5M
Other Current Liab880K770K1.2M764K749K1.3M
Total Current Liabilities1.1M1.1M1.8M933K939K892.1K
Total Stockholder Equity12.6M15.9M14.3M10.0M5.0M4.7M
Property Plant And Equipment Net7.9M7.8M2.4M2.3M2.4M2.2M
Net Debt(1.4M)(7.7M)(12.8M)(8.1M)(6.1M)(6.4M)
Retained Earnings(445.1M)(444.7M)(459.9M)(464.8M)(471.4M)(447.8M)
Accounts Payable195K190K356K566K169K180.5K
Cash1.4M7.8M12.8M8.1M6.1M10.6M
Non Current Assets Total7.9M7.8M2.4M2.3M2.4M2.3M
Non Currrent Assets Other89K34K12K2.1M69K65.6K
Cash And Short Term Investments8.3M8.5M13.1M8.1M6.1M5.8M
Short Term Investments12.5M6.9M693K384K441.6K419.5K
Liabilities And Stockholders Equity16.7M17.2M16.3M11.0M8.9M8.5M
Non Current Liabilities Total3.0M253K261K24K3.0M5.0M
Other Current Assets482K952K811K537K446K839.0K
Total Liab4.0M1.4M2.0M957K4.0M3.8M
Property Plant And Equipment Gross7.9M13.3M7.9M7.8M7.9M7.5M
Total Current Assets8.8M9.4M14.0M8.6M6.5M6.2M
Common Stock457.7M460.5M474.2M474.8M476.4M355.0M
Property Plant Equipment5.6M5.6M2.4M193K173.7K165.0K
Common Stock Total Equity457.7M460.5M474.2M474.8M546.1M419.1M
Net Tangible Assets12.6M15.9M14.3M10.0M9.0M8.6M
Retained Earnings Total Equity(445.1M)(444.7M)(459.9M)(464.8M)(418.3M)(439.3M)
Cash And Equivalents1.4M7.8M12.8M8.1M9.3M5.4M
Net Invested Capital12.6M15.9M14.3M10.0M5.0M4.7M
Net Working Capital7.8M8.3M12.2M7.7M5.6M8.4M
Capital Stock457.7M460.5M474.2M474.8M476.4M513.4M

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When running Vista Gold's price analysis, check to measure Vista 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 Vista Gold is operating at the current time. Most of Vista Gold's value examination focuses on studying past and present price action to predict the probability of Vista 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 Vista Gold's price. Additionally, you may evaluate how the addition of Vista Gold to your portfolios can decrease your overall portfolio volatility.