Golden Tag Resources Stock Cash And Equivalents
GTAGFDelisted Stock | USD 0.09 0.00 0.00% |
Golden Tag Resources fundamentals help investors to digest information that contributes to Golden Tag's financial success or failures. It also enables traders to predict the movement of Golden Pink Sheet. The fundamental analysis module provides a way to measure Golden Tag'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 Tag pink sheet.
Golden |
Golden Tag Resources Company Cash And Equivalents Analysis
Golden Tag's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Golden Tag Cash And Equivalents | 7.42 M |
Most of Golden Tag's fundamental indicators, such as Cash And Equivalents, 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 Tag Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
CompetitionIn accordance with the recently published financial statements, Golden Tag Resources has 7.42 M in Cash And Equivalents. This is 98.48% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The cash and equivalents for all United States stocks is 99.73% higher than that of the company.
Golden Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Golden Tag's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Golden Tag could also be used in its relative valuation, which is a method of valuing Golden Tag by comparing valuation metrics of similar companies.Golden Tag is currently under evaluation in cash and equivalents category among its peers.
Golden Fundamentals
Return On Equity | -0.55 | |||
Return On Asset | -0.34 | |||
Current Valuation | 30.68 M | |||
Shares Outstanding | 216.32 M | |||
Shares Owned By Insiders | 25.31 % | |||
Shares Owned By Institutions | 0.10 % | |||
Price To Earning | 13.25 X | |||
Price To Book | 7.01 X | |||
Gross Profit | (2.23 M) | |||
EBITDA | (4.75 M) | |||
Net Income | (4.8 M) | |||
Cash And Equivalents | 7.42 M | |||
Cash Per Share | 0.03 X | |||
Current Ratio | 64.82 X | |||
Book Value Per Share | 0.03 X | |||
Cash Flow From Operations | (4.66 M) | |||
Earnings Per Share | (0.02) X | |||
Beta | 2.28 | |||
Market Capitalization | 36.6 M | |||
Total Asset | 6.55 M | |||
Net Asset | 6.55 M |
About Golden Tag Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Golden Tag Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Golden Tag using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Golden Tag Resources 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.
Currently Active Assets on Macroaxis
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. 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. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Other Consideration for investing in Golden Pink Sheet
If you are still planning to invest in Golden Tag Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Golden Tag's history and understand the potential risks before investing.
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Commodity Directory Find actively traded commodities issued by global exchanges |