Artemis Other Current Assets vs Short Term Investments Analysis

ARTG Stock

CAD 28.35 0.30 1.07%

Artemis Gold financial indicator trend analysis is way more than just evaluating Artemis Gold prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Artemis Gold is a good investment. Please check the relationship between Artemis Gold Other Current Assets and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Artemis Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Other Current Assets vs Short Term Investments

Other Current Assets vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Artemis Gold Other Current Assets account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Artemis Gold's Other Current Assets and Short Term Investments is -0.24. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Artemis Gold, assuming nothing else is changed. The correlation between historical values of Artemis Gold's Other Current Assets and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Artemis Gold are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Other Current Assets i.e., Artemis Gold's Other Current Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.24

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Short Term Investments

Short Term Investments is an item under the current assets section of Artemis Gold balance sheet. It contains any investments Artemis Gold undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Artemis Gold can easily liquidate in the marketplace.

Most indicators from Artemis Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Artemis Gold 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 Artemis Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Selling General Administrative is likely to drop to about 11 M in 2025. Issuance Of Capital Stock is expected to grow at the current pace this year

	2022	2023	2024	2025 (projected)
Interest Expense	72.5K	110.2K	67.7K	73.2K
Depreciation And Amortization	2.5M	987.4K	1.1M	1.2M

Interest Expense Depreciation And Amortization

Artemis Gold fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Total Assets		0.94	0.59	0.93	0.86	0.77	0.78	1.0	0.8	-0.99	0.95	0.25	1.0	0.98	0.11	0.82	0.71	0.89	-0.15	0.97	0.91	-0.94	0.97	0.97	0.97	0.92
Short Long Term Debt Total	0.94		0.53	0.89	0.71	0.59	0.61	0.95	0.85	-0.93	0.86	0.09	0.95	0.96	-0.17	0.65	0.76	0.78	-0.26	0.98	0.89	-0.97	0.99	0.89	0.97	0.82
Other Current Liab	0.59	0.53		0.37	0.71	0.76	0.67	0.54	0.17	-0.54	0.65	0.54	0.55	0.6	0.18	0.59	0.78	0.66	0.42	0.48	0.28	-0.66	0.6	0.62	0.46	0.61
Total Current Liabilities	0.93	0.89	0.37		0.63	0.57	0.55	0.96	0.95	-0.9	0.8	-0.11	0.95	0.87	-0.1	0.59	0.44	0.69	-0.12	0.95	0.99	-0.81	0.89	0.82	0.97	0.76
Total Stockholder Equity	0.86	0.71	0.71	0.63		0.95	0.98	0.81	0.39	-0.88	0.92	0.69	0.81	0.84	0.51	0.98	0.78	0.99	-0.02	0.72	0.58	-0.83	0.8	0.93	0.7	0.95
Other Liab	0.77	0.59	0.76	0.57	0.95		0.98	0.72	0.3	-0.76	0.8	0.65	0.73	0.71	0.49	0.91	0.67	0.94	0.26	0.62	0.49	-0.71	0.68	0.82	0.61	0.9
Net Tangible Assets	0.78	0.61	0.67	0.55	0.98	0.98		0.73	0.3	-0.79	0.83	0.7	0.73	0.74	0.53	0.96	0.7	0.97	0.1	0.63	0.5	-0.74	0.7	0.85	0.61	0.93
Property Plant And Equipment Net	1.0	0.95	0.54	0.96	0.81	0.72	0.73		0.85	-0.98	0.92	0.16	1.0	0.96	0.04	0.76	0.66	0.85	-0.15	0.98	0.94	-0.93	0.97	0.95	0.99	0.89
Net Debt	0.8	0.85	0.17	0.95	0.39	0.3	0.3	0.85		-0.76	0.61	-0.38	0.84	0.75	-0.38	0.34	0.32	0.48	-0.22	0.9	0.97	-0.71	0.81	0.65	0.92	0.57
Retained Earnings	-0.99	-0.93	-0.54	-0.9	-0.88	-0.76	-0.79	-0.98	-0.76		-0.97	-0.31	-0.98	-0.98	-0.19	-0.86	-0.72	-0.91	0.24	-0.95	-0.89	0.94	-0.97	-0.98	-0.95	-0.93
Accounts Payable	0.95	0.86	0.65	0.8	0.92	0.8	0.83	0.92	0.61	-0.97		0.48	0.92	0.97	0.34	0.91	0.79	0.92	-0.21	0.87	0.77	-0.93	0.93	0.98	0.86	0.93
Cash	0.25	0.09	0.54	-0.11	0.69	0.65	0.7	0.16	-0.38	-0.31	0.48		0.17	0.3	0.81	0.72	0.58	0.6	-0.01	0.04	-0.15	-0.31	0.21	0.46	0.0	0.48
Non Current Assets Total	1.0	0.95	0.55	0.95	0.81	0.73	0.73	1.0	0.84	-0.98	0.92	0.17		0.97	0.04	0.77	0.67	0.86	-0.15	0.98	0.94	-0.93	0.97	0.95	0.98	0.89
Non Currrent Assets Other	0.98	0.96	0.6	0.87	0.84	0.71	0.74	0.96	0.75	-0.98	0.97	0.3	0.97		0.11	0.81	0.8	0.88	-0.28	0.96	0.86	-0.98	0.99	0.97	0.94	0.9
Other Assets	0.11	-0.17	0.18	-0.1	0.51	0.49	0.53	0.04	-0.38	-0.19	0.34	0.81	0.04	0.11		0.6	0.1	0.4	-0.03	-0.12	-0.14	-0.01	-0.03	0.29	-0.11	0.31
Cash And Short Term Investments	0.82	0.65	0.59	0.59	0.98	0.91	0.96	0.76	0.34	-0.86	0.91	0.72	0.77	0.81	0.6		0.72	0.97	-0.14	0.67	0.55	-0.78	0.75	0.91	0.65	0.94
Net Receivables	0.71	0.76	0.78	0.44	0.78	0.67	0.7	0.66	0.32	-0.72	0.79	0.58	0.67	0.8	0.1	0.72		0.79	-0.18	0.66	0.41	-0.88	0.79	0.79	0.61	0.76
Common Stock Shares Outstanding	0.89	0.78	0.66	0.69	0.99	0.94	0.97	0.85	0.48	-0.91	0.92	0.6	0.86	0.88	0.4	0.97	0.79		-0.07	0.78	0.65	-0.87	0.85	0.95	0.76	0.98
Short Term Investments	-0.15	-0.26	0.42	-0.12	-0.02	0.26	0.1	-0.15	-0.22	0.24	-0.21	-0.01	-0.15	-0.28	-0.03	-0.14	-0.18	-0.07		-0.22	-0.22	0.23	-0.24	-0.21	-0.2	-0.09
Non Current Liabilities Total	0.97	0.98	0.48	0.95	0.72	0.62	0.63	0.98	0.9	-0.95	0.87	0.04	0.98	0.96	-0.12	0.67	0.66	0.78	-0.22		0.95	-0.94	0.98	0.9	1.0	0.83
Capital Lease Obligations	0.91	0.89	0.28	0.99	0.58	0.49	0.5	0.94	0.97	-0.89	0.77	-0.15	0.94	0.86	-0.14	0.55	0.41	0.65	-0.22	0.95		-0.79	0.88	0.8	0.97	0.73
Inventory	-0.94	-0.97	-0.66	-0.81	-0.83	-0.71	-0.74	-0.93	-0.71	0.94	-0.93	-0.31	-0.93	-0.98	-0.01	-0.78	-0.88	-0.87	0.23	-0.94	-0.79		-0.99	-0.94	-0.91	-0.89
Other Current Assets	0.97	0.99	0.6	0.89	0.8	0.68	0.7	0.97	0.81	-0.97	0.93	0.21	0.97	0.99	-0.03	0.75	0.79	0.85	-0.24	0.98	0.88	-0.99		0.95	0.97	0.88
Other Stockholder Equity	0.97	0.89	0.62	0.82	0.93	0.82	0.85	0.95	0.65	-0.98	0.98	0.46	0.95	0.97	0.29	0.91	0.79	0.95	-0.21	0.9	0.8	-0.94	0.95		0.89	0.94
Total Liab	0.97	0.97	0.46	0.97	0.7	0.61	0.61	0.99	0.92	-0.95	0.86	0.0	0.98	0.94	-0.11	0.65	0.61	0.76	-0.2	1.0	0.97	-0.91	0.97	0.89		0.82
Net Invested Capital	0.92	0.82	0.61	0.76	0.95	0.9	0.93	0.89	0.57	-0.93	0.93	0.48	0.89	0.9	0.31	0.94	0.76	0.98	-0.09	0.83	0.73	-0.89	0.88	0.94	0.82

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Artemis Gold Account Relationship Matchups

Artemis Gold fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	352.7M	469.8M	656.8M	1.1B	1.7B	1.8B
Short Long Term Debt Total	846.6K	1.2M	1.7M	164.8M	189.6M	199.0M
Other Current Liab	47.3M	5.1M	24.6M	52.8M	13.2M	26.2M
Total Current Liabilities	51.9M	5.4M	25.3M	57.0M	306.6M	321.9M
Total Stockholder Equity	259.2M	419.3M	577.4M	581.4M	590.9M	454.1M
Property Plant And Equipment Net	272.2M	305.9M	435.7M	904.1M	1.6B	1.7B
Net Debt	(51.0M)	(130.1M)	(192.4M)	8.2M	449.2M	471.6M
Retained Earnings	2.3M	(11.4M)	(33.0M)	(44.4M)	(75.9M)	(72.1M)
Cash	51.8M	131.4M	194.1M	156.6M	28.3M	26.9M
Non Current Assets Total	295.9M	329.3M	459.7M	953.9M	1.7B	1.7B
Non Currrent Assets Other	3.2M	3.8M	15.8M	27.1M	31.2M	32.8M
Other Assets	540.8K	7.4M	15.8M	1.0	1.15	1.09
Cash And Short Term Investments	55.8M	132.5M	194.1M	156.6M	180.1M	125.6M
Net Receivables	954.0K	651.1K	3.0M	10.2M	3.8M	3.4M
Common Stock Shares Outstanding	75.2M	142.2M	162.5M	196.6M	225.0M	151.5M
Liabilities And Stockholders Equity	352.7M	469.8M	656.8M	1.1B	1.3B	1.4B
Non Current Liabilities Total	41.5M	45.0M	54.0M	482.4M	809.0M	849.4M
Capital Lease Obligations	846.6K	1.2M	1.7M	21.3M	132.6M	139.3M
Inventory	(932.2K)	(651.1K)	(3.0M)	(10.2M)	(9.2M)	(8.8M)
Other Current Assets	932.2K	651.1K	3.0M	10.2M	11.8M	12.4M
Other Stockholder Equity	3.6M	10.1M	17.5M	22.3M	25.7M	26.9M
Total Liab	93.4M	50.5M	79.3M	539.4M	1.1B	1.2B
Net Invested Capital	259.2M	419.3M	577.4M	724.9M	1.1B	568.0M
Long Term Investments	20.5M	19.6M	8.2M	7.6M	7.1M	10.5M
Property Plant And Equipment Gross	272.6M	307.2M	438.0M	908.8M	1.7B	1.7B
Total Current Assets	56.8M	133.1M	197.1M	166.8M	52.8M	50.2M
Capital Stock	250.4M	417.3M	589.3M	599.9M	631.0M	463.7M
Net Working Capital	4.9M	127.7M	171.8M	109.8M	(253.8M)	(241.1M)
Short Term Debt	138.7K	361.9K	680.0K	1.4M	1.6M	1.7M
Common Stock	250.4M	417.3M	589.3M	599.9M	689.8M	417.7M

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