002348 Stock | | | 3.68 0.09 2.39% |
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 Net Tangible Assets and its Total Stockholder Equity 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.
Net Tangible Assets vs Total Stockholder Equity
Net Tangible Assets vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Goldlok Toys Holdings Net Tangible Assets account and
Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Goldlok Toys' Net Tangible Assets and Total Stockholder Equity is 0.44. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Stockholder Equity 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' Net Tangible Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Goldlok Toys Holdings are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Tangible Assets i.e., Goldlok Toys' Net Tangible Assets and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 23, 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)
Goldlok Toys fundamental ratios Correlations
Click cells to compare fundamentals
Goldlok Toys Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Goldlok Toys fundamental ratios Accounts
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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.