Golden Star Acquisition Stock Working Capital

GODN Stock   11.24  0.00  0.00%   
Golden Star Acquisition fundamentals help investors to digest information that contributes to Golden Star's financial success or failures. It also enables traders to predict the movement of Golden Stock. The fundamental analysis module provides a way to measure Golden Star'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 Golden Star stock.
Last ReportedProjected for Next Year
Net Working Capital-496.2 K-471.4 K
Change In Working Capital245.7 K258 K
As of the 12th of December 2024, Change In Working Capital is likely to grow to about 258 K, though Net Working Capital is likely to grow to (471.4 K).
  
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Golden Star Acquisition Company Working Capital Analysis

Golden Star's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

 = 

Current Assets

-

Current Liabilities

More About Working Capital | All Equity Analysis

Current Golden Star Working Capital

    
  (496.23 K)  
Most of Golden Star's fundamental indicators, such as Working Capital, 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, Golden Star Acquisition is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Golden Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Golden Star is extremely important. It helps to project a fair market value of Golden Stock properly, considering its historical fundamentals such as Working Capital. Since Golden Star'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 Golden Star'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 Golden Star's interrelated accounts and indicators.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

Golden Net Invested Capital

Net Invested Capital

73.31 Million

At this time, Golden Star's Net Invested Capital is very stable compared to the past year.
According to the company's disclosures, Golden Star Acquisition has a Working Capital of (496,227). This is 100.01% lower than that of the Capital Markets sector and significantly lower than that of the Financials industry. The working capital for all United States stocks is 100.03% higher than that of the company.

Golden Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Golden Star's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Golden Star could also be used in its relative valuation, which is a method of valuing Golden Star by comparing valuation metrics of similar companies.
Golden Star is currently under evaluation in working capital category among its peers.

Golden Star ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Golden Star's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Golden Star's managers, analysts, and investors.
Environmental
Governance
Social

Golden Fundamentals

About Golden Star Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Golden Star Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Golden Star using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Golden Star Acquisition 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.

Pair Trading with Golden Star

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Golden Star position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Golden Star will appreciate offsetting losses from the drop in the long position's value.

Moving together with Golden Stock

  0.7V Visa Class APairCorr
  0.85MA MastercardPairCorr
  0.86MS Morgan Stanley Fiscal Year End 21st of January 2025 PairCorr

Moving against Golden Stock

  0.78FCFS FirstCashPairCorr
  0.73WU Western UnionPairCorr
  0.42PT Pintec TechnologyPairCorr
The ability to find closely correlated positions to Golden Star could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Golden Star when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Golden Star - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Golden Star Acquisition to buy it.
The correlation of Golden Star is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Golden Star moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Golden Star Acquisition moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Golden Star can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Golden Star Acquisition is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Golden Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Golden Star Acquisition Stock. Highlighted below are key reports to facilitate an investment decision about Golden Star Acquisition Stock:
Check out Golden Star Piotroski F Score and Golden Star Altman Z Score analysis.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Star. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Star listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.062
Earnings Share
(1.16)
Return On Assets
(0.02)
The market value of Golden Star Acquisition is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Star's value that differs from its market value or its book value, called intrinsic value, which is Golden Star's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Star's market value can be influenced by many factors that don't directly affect Golden Star's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Star's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Star is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Star's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.