ASA Total Stockholder Equity vs Total Liab Analysis

ASA Stock

USD 20.26 0.45 2.17%

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

Total Stockholder Equity vs Total Liab

Total Stockholder Equity vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ASA Gold Total Stockholder Equity account and Total Liab. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between ASA Gold's Total Stockholder Equity and Total Liab is -0.32. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Liab in the same time period over historical financial statements of ASA Gold and, assuming nothing else is changed. The correlation between historical values of ASA Gold's Total Stockholder Equity and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of ASA Gold and are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Stockholder Equity i.e., ASA Gold's Total Stockholder Equity and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.32

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

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.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

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

As of December 18, 2024, Selling General Administrative is expected to decline to about 949.8 K. In addition to that, Sales General And Administrative To Revenue is expected to decline to 0.41

	2023	2024 (projected)
Interest Income	87.4K	83.0K
Non Recurring	500.1K	444.6K

Interest Income Non Recurring

ASA Gold fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Total Liab	Common Stock	Short Term Investments	Other Liab	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Current Assets	Net Tangible Assets	Long Term Investments	Capital Surpluse	Capital Stock
Total Assets		-0.33	-0.38	0.8	0.64	-0.31	-0.28	-0.14	-0.46	0.3	-0.06	-0.49	0.19	0.68	-0.67	-0.2	0.29	0.31	-0.32	-0.45	-0.32	-0.17	0.21	0.22	-0.06	-0.06
Other Current Liab	-0.33		1.0	-0.23	-0.14	0.98	0.61	-0.49	0.94	-0.94	0.1	0.79	-0.31	0.43	-0.4	0.33	-0.13	-0.94	0.95	0.26	-0.12	0.31	0.77	0.76	0.1	0.1
Total Current Liabilities	-0.38	1.0		-0.27	-0.21	0.98	0.62	-0.44	0.96	-0.94	0.12	0.81	-0.31	0.39	-0.35	0.33	-0.13	-0.95	0.96	0.28	-0.07	0.32	0.74	0.73	0.12	0.12
Total Stockholder Equity	0.8	-0.23	-0.27		0.52	-0.24	-0.25	-0.23	-0.32	0.17	-0.08	-0.41	0.21	0.68	-0.68	-0.23	0.33	0.18	-0.2	-0.57	-0.43	-0.19	0.25	0.26	-0.08	-0.08
Retained Earnings	0.64	-0.14	-0.21	0.52		-0.25	-0.36	-0.32	-0.38	0.28	-0.1	-0.37	0.3	0.4	-0.43	-0.33	-0.14	0.28	-0.28	0.0	-0.8	-0.33	0.11	0.12	-0.1	-0.1
Accounts Payable	-0.31	0.98	0.98	-0.24	-0.25		0.71	-0.38	0.96	-0.94	0.13	0.83	-0.42	0.45	-0.41	0.44	-0.04	-0.95	0.96	0.19	-0.03	0.43	0.74	0.72	0.13	0.13
Cash	-0.28	0.61	0.62	-0.25	-0.36	0.71		-0.06	0.7	-0.66	-0.14	0.69	-0.93	0.22	-0.24	0.95	0.18	-0.66	0.59	-0.06	0.07	0.94	0.25	0.24	-0.14	-0.14
Other Assets	-0.14	-0.49	-0.44	-0.23	-0.32	-0.38	-0.06		-0.23	0.42	0.25	0.05	-0.09	-0.5	0.54	0.12	0.08	0.42	-0.35	0.19	0.47	0.12	-0.68	-0.68	0.25	0.25
Total Liab	-0.46	0.94	0.96	-0.32	-0.38	0.96	0.7	-0.23		-0.9	0.21	0.92	-0.41	0.29	-0.24	0.45	-0.07	-0.92	0.95	0.33	0.1	0.43	0.6	0.59	0.21	0.21
Common Stock	0.3	-0.94	-0.94	0.17	0.28	-0.94	-0.66	0.42	-0.9		0.05	-0.73	0.36	-0.46	0.42	-0.39	0.07	1.0	-0.91	-0.11	0.05	-0.38	-0.74	-0.73	0.05	0.05
Short Term Investments	-0.06	0.1	0.12	-0.08	-0.1	0.13	-0.14	0.25	0.21	0.05		0.35	0.29	-0.05	0.22	-0.2	-0.04	0.01	0.34	0.46	0.19	-0.2	0.04	0.04	1.0	1.0
Other Liab	-0.49	0.79	0.81	-0.41	-0.37	0.83	0.69	0.05	0.92	-0.73	0.35		-0.45	0.1	-0.03	0.51	-0.06	-0.74	0.83	0.54	0.19	0.49	0.32	0.31	0.35	0.35
Net Debt	0.19	-0.31	-0.31	0.21	0.3	-0.42	-0.93	-0.09	-0.41	0.36	0.29	-0.45		-0.07	0.13	-0.99	-0.25	0.35	-0.26	0.19	-0.09	-0.99	0.03	0.04	0.29	0.29
Non Current Assets Total	0.68	0.43	0.39	0.68	0.4	0.45	0.22	-0.5	0.29	-0.46	-0.05	0.1	-0.07		-0.98	0.08	0.23	-0.46	0.42	-0.37	-0.38	0.1	0.79	0.79	-0.05	-0.05
Non Currrent Assets Other	-0.67	-0.4	-0.35	-0.68	-0.43	-0.41	-0.24	0.54	-0.24	0.42	0.22	-0.03	0.13	-0.98		-0.11	-0.24	0.42	-0.34	0.46	0.41	-0.13	-0.77	-0.77	0.22	0.22
Cash And Short Term Investments	-0.2	0.33	0.33	-0.23	-0.33	0.44	0.95	0.12	0.45	-0.39	-0.2	0.51	-0.99	0.08	-0.11		0.25	-0.39	0.31	-0.13	0.11	1.0	-0.02	-0.04	-0.2	-0.2
Net Receivables	0.29	-0.13	-0.13	0.33	-0.14	-0.04	0.18	0.08	-0.07	0.07	-0.04	-0.06	-0.25	0.23	-0.24	0.25		0.07	-0.06	-0.35	0.26	0.32	-0.04	-0.03	-0.04	-0.04
Common Stock Total Equity	0.31	-0.94	-0.95	0.18	0.28	-0.95	-0.66	0.42	-0.92	1.0	0.01	-0.74	0.35	-0.46	0.42	-0.39	0.07		-0.92	-0.13	0.05	-0.37	-0.75	-0.74	0.01	0.01
Common Stock Shares Outstanding	-0.32	0.95	0.96	-0.2	-0.28	0.96	0.59	-0.35	0.95	-0.91	0.34	0.83	-0.26	0.42	-0.34	0.31	-0.06	-0.92		0.25	0.01	0.29	0.74	0.73	0.34	0.34
Non Current Liabilities Total	-0.45	0.26	0.28	-0.57	0.0	0.19	-0.06	0.19	0.33	-0.11	0.46	0.54	0.19	-0.37	0.46	-0.13	-0.35	-0.13	0.25		0.11	-0.16	-0.13	-0.15	0.46	0.46
Other Stockholder Equity	-0.32	-0.12	-0.07	-0.43	-0.8	-0.03	0.07	0.47	0.1	0.05	0.19	0.19	-0.09	-0.38	0.41	0.11	0.26	0.05	0.01	0.11		0.12	-0.2	-0.2	0.19	0.19
Total Current Assets	-0.17	0.31	0.32	-0.19	-0.33	0.43	0.94	0.12	0.43	-0.38	-0.2	0.49	-0.99	0.1	-0.13	1.0	0.32	-0.37	0.29	-0.16	0.12		-0.02	-0.03	-0.2	-0.2
Net Tangible Assets	0.21	0.77	0.74	0.25	0.11	0.74	0.25	-0.68	0.6	-0.74	0.04	0.32	0.03	0.79	-0.77	-0.02	-0.04	-0.75	0.74	-0.13	-0.2	-0.02		1.0	0.04	0.04
Long Term Investments	0.22	0.76	0.73	0.26	0.12	0.72	0.24	-0.68	0.59	-0.73	0.04	0.31	0.04	0.79	-0.77	-0.04	-0.03	-0.74	0.73	-0.15	-0.2	-0.03	1.0		0.04	0.04
Capital Surpluse	-0.06	0.1	0.12	-0.08	-0.1	0.13	-0.14	0.25	0.21	0.05	1.0	0.35	0.29	-0.05	0.22	-0.2	-0.04	0.01	0.34	0.46	0.19	-0.2	0.04	0.04		1.0
Capital Stock	-0.06	0.1	0.12	-0.08	-0.1	0.13	-0.14	0.25	0.21	0.05	1.0	0.35	0.29	-0.05	0.22	-0.2	-0.04	0.01	0.34	0.46	0.19	-0.2	0.04	0.04	1.0

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ASA Gold Account Relationship Matchups

ASA Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	464.7M	482.7M	326.3M	335.6M	302.1M	323.7M
Other Current Liab	433.6K	462.3K	312.4K	370.6K	333.5K	316.8K
Total Current Liabilities	433.6K	462.3K	312.4K	370.6K	333.5K	316.8K
Total Stockholder Equity	463.9M	481.9M	325.6M	334.9M	301.4M	308.9M
Retained Earnings	443.3M	461.2M	304.9M	314.3M	361.4M	274.8M
Cash	1.3M	79.9K	78.5K	4.8M	4.3M	5.5M
Other Assets	109.1K	131.0K	104.2K	88.6K	101.8K	106.9K
Total Liab	803.4K	462.3K	691.6K	706.5K	635.9K	604.1K
Other Liab	411.3K	369.8K	333.5K	379.2K	341.3K	324.3K
Net Debt	(1.3M)	(79.9K)	(78.5K)	(4.8M)	(5.5M)	(5.8M)
Non Current Assets Total	463.1M	482.3M	325.9M	330.4M	297.3M	345.5M
Non Currrent Assets Other	(463.1M)	(482.3M)	(325.9M)	(330.4M)	(379.9M)	(398.9M)
Cash And Short Term Investments	1.3M	79.9K	78.5K	4.8M	4.3M	5.4M
Net Receivables	177.2K	236.8K	183.8K	328.2K	295.4K	237.0K
Liabilities And Stockholders Equity	464.7M	482.7M	326.3M	335.6M	302.1M	351.0M
Non Current Liabilities Total	803.4K	795.7K	691.6K	336.0K	302.4K	287.2K
Total Current Assets	1.5M	316.7K	262.3K	5.2M	4.7M	5.6M
Net Tangible Assets	285.9M	463.9M	481.9M	325.6M	293.0M	299.3M
Long Term Investments	463.1M	482.3M	325.9M	330.4M	297.3M	292.8M

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When determining whether ASA Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASA Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Asa Gold And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asa Gold And Stock:

How To Invest In ASA

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Is ASA Stock a good investment?

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What is ASA Gold's Net Worth?

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Largest Asset Management & Custody Banks Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASA Gold and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

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 ASA Gold. If investors know ASA 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 ASA Gold 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

3.282

Dividend Share

0.03

Earnings Share

3.25

Revenue Per Share

0.104

Quarterly Revenue Growth

(0.44)

The market value of ASA Gold is measured differently than its book value, which is the value of ASA that is recorded on the company's balance sheet. Investors also form their own opinion of ASA Gold's value that differs from its market value or its book value, called intrinsic value, which is ASA Gold'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 ASA Gold's market value can be influenced by many factors that don't directly affect ASA Gold'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 ASA Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASA Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASA Gold'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.

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ASA Total Stockholder Equity vs Total Liab Analysis

Total Stockholder Equity vs Total Liab

Total Stockholder Equity vs Total Liab Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Total Liab

ASA Gold fundamental ratios Correlations

ASA Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ASA Gold fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Current Liabilities	+ 1.0	Other Current Liab
Common Stock Total Equity	+ 1.0	Common Stock
Capital Surpluse	+ 1.0	Short Term Investments
Capital Stock	+ 1.0	Short Term Investments
Total Current Assets	+ 1.0	Cash And Short Term Investments
Long Term Investments	+ 1.0	Net Tangible Assets

Total Current Assets	- 0.99	Net Debt
Cash And Short Term Investments	- 0.99	Net Debt
Non Currrent Assets Other	- 0.98	Non Current Assets Total
Common Stock Total Equity	- 0.95	Accounts Payable
Common Stock Total Equity	- 0.95	Total Current Liabilities
Common Stock	- 0.94	Accounts Payable