Galane Gold Stock Current Liabilities
GG Stock | CAD 0.32 0.03 8.57% |
Galane Gold fundamentals help investors to digest information that contributes to Galane Gold's financial success or failures. It also enables traders to predict the movement of Galane Stock. The fundamental analysis module provides a way to measure Galane Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Galane Gold stock.
Total Current Liabilities is likely to climb to about 13 M in 2024, whereas Non Current Liabilities Total is likely to drop slightly above 2 M in 2024. Galane | Current Liabilities |
Galane Gold Company Current Liabilities Analysis
Galane Gold's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Current Galane Gold Current Liabilities | 1.05 B |
Most of Galane Gold's fundamental indicators, such as Current Liabilities, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Galane Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Galane Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for Galane Gold is extremely important. It helps to project a fair market value of Galane Stock properly, considering its historical fundamentals such as Current Liabilities. Since Galane Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Galane Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Galane Gold's interrelated accounts and indicators.
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Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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Galane Total Current Liabilities
Total Current Liabilities |
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In accordance with the recently published financial statements, Galane Gold has a Current Liabilities of 1.05 B. This is 83.05% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The current liabilities for all Canada stocks is 86.73% higher than that of the company.
Galane Gold Current Valuation Drivers
We derive many important indicators used in calculating different scores of Galane Gold from analyzing Galane Gold's financial statements. These drivers represent accounts that assess Galane Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Galane Gold's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 15.5M | 42.1M | 28.9M | 16.3M | 8.6M | 13.8M | |
Enterprise Value | 32.5M | 52.8M | 30.3M | 18.7M | 13.0M | 17.1M |
Galane Fundamentals
Return On Equity | -0.079 | ||||
Return On Asset | -0.0159 | ||||
Profit Margin | (0.24) % | ||||
Operating Margin | (0.11) % | ||||
Current Valuation | 27.9 M | ||||
Shares Outstanding | 71.27 M | ||||
Shares Owned By Insiders | 17.59 % | ||||
Number Of Shares Shorted | 9.94 K | ||||
Price To Earning | 14.78 X | ||||
Price To Book | 0.54 X | ||||
Price To Sales | 2.44 X | ||||
Revenue | 9.37 M | ||||
Gross Profit | (429.66 K) | ||||
EBITDA | (1.16 M) | ||||
Net Income | (2.15 M) | ||||
Cash And Equivalents | 414.14 K | ||||
Cash Per Share | 0.01 X | ||||
Total Debt | 4.55 M | ||||
Debt To Equity | 0.03 % | ||||
Current Ratio | 0.50 X | ||||
Book Value Per Share | 0.44 X | ||||
Cash Flow From Operations | (18.76 K) | ||||
Short Ratio | 0.11 X | ||||
Earnings Per Share | (0.04) X | ||||
Target Price | 0.64 | ||||
Beta | 2.78 | ||||
Market Capitalization | 24.59 M | ||||
Total Asset | 42.37 M | ||||
Retained Earnings | (29.78 M) | ||||
Working Capital | (7.77 M) | ||||
Current Asset | 1.33 B | ||||
Current Liabilities | 1.05 B | ||||
Net Asset | 42.37 M |
About Galane Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Galane Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Galane Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Galane Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Galane Stock Analysis
When running Galane Gold's price analysis, check to measure Galane 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 Galane Gold is operating at the current time. Most of Galane Gold's value examination focuses on studying past and present price action to predict the probability of Galane 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 Galane Gold's price. Additionally, you may evaluate how the addition of Galane Gold to your portfolios can decrease your overall portfolio volatility.