Goldlok Common Stock vs Inventory Analysis

002348 Stock   4.46  0.41  10.12%   
Goldlok Toys financial indicator trend analysis is much more than just examining Goldlok Toys Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Goldlok Toys Holdings is a good investment. Please check the relationship between Goldlok Toys Common Stock and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Goldlok Toys Holdings. 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.

Common Stock vs Inventory

Common Stock vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goldlok Toys Holdings Common Stock account and Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Goldlok Toys' Common Stock and Inventory is 0.41. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Inventory in the same time period over historical financial statements of Goldlok Toys Holdings, assuming nothing else is changed. The correlation between historical values of Goldlok Toys' Common Stock and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Goldlok Toys Holdings are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Common Stock i.e., Goldlok Toys' Common Stock and Inventory go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock

Inventory

Most indicators from Goldlok Toys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Goldlok Toys Holdings 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Goldlok Toys Holdings. 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.
As of November 27, 2024, Selling General Administrative is expected to decline to about 27.4 M. The current year's Tax Provision is expected to grow to about (1.6 M)
 2021 2022 2023 2024 (projected)
Research Development24.6M15.9M14.2M20.8M
Income Tax Expense1.8M1.3M1.2M1.1M

Goldlok Toys fundamental ratios Correlations

0.310.330.890.650.480.280.170.180.830.820.350.510.560.370.670.650.40.110.140.420.740.420.220.660.6
0.310.76-0.020.58-0.150.74-0.41-0.120.640.470.280.74-0.050.540.51-0.11-0.23-0.440.08-0.080.10.190.590.610.56
0.330.76-0.10.75-0.440.88-0.64-0.110.730.440.280.95-0.180.760.69-0.37-0.26-0.730.35-0.350.060.230.890.70.69
0.89-0.02-0.10.290.67-0.110.530.290.520.670.20.070.660.060.410.850.530.440.00.560.650.29-0.20.290.23
0.650.580.750.290.040.73-0.51-0.080.880.50.150.890.080.760.810.060.22-0.450.33-0.060.520.160.740.920.95
0.48-0.15-0.440.670.04-0.480.650.310.140.210.01-0.260.58-0.34-0.080.910.60.84-0.430.860.730.04-0.610.090.03
0.280.740.88-0.110.73-0.48-0.72-0.140.610.390.280.86-0.260.910.78-0.35-0.14-0.780.45-0.55-0.040.250.880.660.63
0.17-0.41-0.640.53-0.510.65-0.720.49-0.28-0.01-0.17-0.630.5-0.63-0.380.740.160.77-0.430.590.16-0.12-0.8-0.47-0.5
0.18-0.12-0.110.29-0.080.31-0.140.49-0.08-0.16-0.17-0.13-0.25-0.15-0.160.370.080.340.020.20.12-0.04-0.31-0.14-0.15
0.830.640.730.520.880.140.61-0.28-0.080.770.340.860.320.60.780.240.17-0.30.130.170.590.310.620.880.86
0.820.470.440.670.50.210.39-0.01-0.160.770.640.540.540.410.660.40.1-0.060.120.290.510.560.330.580.48
0.350.280.280.20.150.010.28-0.17-0.170.340.640.340.150.180.230.07-0.150.00.130.240.380.90.190.340.12
0.510.740.950.070.89-0.260.86-0.63-0.130.860.540.34-0.040.760.75-0.19-0.12-0.650.32-0.20.320.310.890.890.86
0.56-0.05-0.180.660.080.58-0.260.5-0.250.320.540.15-0.04-0.170.220.70.250.4-0.270.540.510.17-0.240.180.12
0.370.540.760.060.76-0.340.91-0.63-0.150.60.410.180.76-0.170.91-0.210.15-0.70.49-0.550.00.140.810.60.6
0.670.510.690.410.81-0.080.78-0.38-0.160.780.660.230.750.220.910.110.3-0.50.39-0.270.230.220.690.670.65
0.65-0.11-0.370.850.060.91-0.350.740.370.240.40.07-0.190.7-0.210.110.530.71-0.350.730.660.13-0.510.130.04
0.4-0.23-0.260.530.220.6-0.140.160.080.170.1-0.15-0.120.250.150.30.530.38-0.10.270.41-0.03-0.240.10.08
0.11-0.44-0.730.44-0.450.84-0.780.770.34-0.3-0.060.0-0.650.4-0.7-0.50.710.38-0.450.830.430.04-0.91-0.38-0.44
0.140.080.350.00.33-0.430.45-0.430.020.130.120.130.32-0.270.490.39-0.35-0.1-0.45-0.42-0.080.290.430.150.18
0.42-0.08-0.350.56-0.060.86-0.550.590.20.170.290.24-0.20.54-0.55-0.270.730.270.83-0.420.740.25-0.580.090.01
0.740.10.060.650.520.73-0.040.160.120.590.510.380.320.510.00.230.660.410.43-0.080.740.44-0.050.650.56
0.420.190.230.290.160.040.25-0.12-0.040.310.560.90.310.170.140.220.13-0.030.040.290.250.440.150.330.1
0.220.590.89-0.20.74-0.610.88-0.8-0.310.620.330.190.89-0.240.810.69-0.51-0.24-0.910.43-0.58-0.050.150.70.73
0.660.610.70.290.920.090.66-0.47-0.140.880.580.340.890.180.60.670.130.1-0.380.150.090.650.330.70.96
0.60.560.690.230.950.030.63-0.5-0.150.860.480.120.860.120.60.650.040.08-0.440.180.010.560.10.730.96
Click cells to compare fundamentals

Goldlok Toys Account Relationship Matchups

Goldlok Toys fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B1.2B928.6M803.3M749.4M1.1B
Other Current Liab29.5M36.8M38.2M31.2M585.0K555.7K
Total Current Liabilities234.0M297.0M182.7M173.4M197.7M120.5M
Total Stockholder Equity1.3B763.8M653.6M574.9M513.8M931.3M
Other Liab17.9M14.7M11.3M10.6M12.2M9.5M
Retained Earnings(1.8M)(193.1M)(301.7M)(385.3M)(512.3M)(486.7M)
Accounts Payable86.5M73.4M93.7M81.1M69.8M39.1M
Cash54.9M45.7M17.4M10.2M18.3M17.4M
Other Assets8.1M6.2M3.3M2.7M2.4M2.3M
Net Receivables327.3M302.7M221.6M158.9M141.6M205.5M
Inventory147.5M102.6M79.4M62.5M51.7M78.1M
Other Current Assets133.7M37.6M19.7M11.0M2.6M2.5M
Total Liab401.0M359.7M274.7M228.0M235.5M172.7M
Intangible Assets114.6M45.5M40.7M37.6M33.7M32.0M
Property Plant Equipment653.4M608.2M545.7M518.9M596.8M427.4M
Long Term Debt127.4M48M79.3M43.3M26.1M24.8M
Net Tangible Assets843.9M718.3M612.9M537.4M483.6M662.5M
Other Stockholder Equity3.2M(280.3K)(1.8M)3.2M3.6M3.8M
Total Current Assets663.4M501.7M338.9M244.1M220.7M397.4M
Non Current Assets Total1.1B659.9M589.7M559.2M528.8M650.8M
Non Currrent Assets Other1.2M1.9M1.1B3.2M3.7M3.5M
Non Current Liabilities Total153.7M62.7M92.0M54.6M37.8M35.9M
Deferred Long Term Liab3.4M2.7M3.0M2.4M2.2M2.7M
Net Debt164.0M125.1M90.6M53.1M7.8M7.4M
Net Invested Capital1.5B934.6M761.6M638.2M539.9M852.6M
Short Long Term Debt91.5M122.8M28.7M20.0M18.0M17.1M
Net Working Capital528.6M204.6M156.2M70.7M23.0M21.8M

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Other Information on Investing in Goldlok Stock

Balance Sheet is a snapshot of the financial position of Goldlok Toys Holdings at a specified time, usually calculated after every quarter, six months, or one year. Goldlok Toys Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Goldlok Toys and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Goldlok currently owns. An asset can also be divided into two categories, current and non-current.