Ausgold Other Liab vs Good Will Analysis

AUC Stock   0.47  0.02  4.08%   
Ausgold financial indicator trend analysis is way more than just evaluating Ausgold prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ausgold is a good investment. Please check the relationship between Ausgold Other Liab and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ausgold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Liab vs Good Will

Other Liab vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ausgold Other Liab account and Good Will. At this time, the significance of the direction appears to have pay attention.
The correlation between Ausgold's Other Liab and Good Will is -0.91. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Good Will in the same time period over historical financial statements of Ausgold, assuming nothing else is changed. The correlation between historical values of Ausgold's Other Liab and Good Will 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 Liab of Ausgold are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Other Liab i.e., Ausgold's Other Liab and Good Will go up and down completely randomly.

Correlation Coefficient

-0.91
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Liab

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Ausgold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ausgold 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 Ausgold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 1.4 M in 2024. Issuance Of Capital Stock is likely to drop to about 12.2 M in 2024
 2023 2024 (projected)
Interest Income148.1K155.5K
Research Development150K103.6K

Ausgold fundamental ratios Correlations

1.00.961.0-1.01.00.91-0.891.0-0.911.00.181.01.01.01.00.7-0.321.00.97-0.27-0.06-0.550.03-0.75-0.04
1.00.941.0-1.01.00.88-0.891.0-0.911.00.241.01.01.01.00.65-0.371.00.98-0.26-0.01-0.6-0.03-0.78-0.08
0.960.940.94-0.940.930.93-0.860.93-0.90.93-0.050.930.930.950.930.8-0.050.940.9-0.14-0.18-0.390.19-0.650.06
1.01.00.94-1.01.00.89-0.91.0-0.911.00.231.01.01.01.00.67-0.371.00.97-0.3-0.03-0.59-0.01-0.76-0.07
-1.0-1.0-0.94-1.0-1.0-0.890.9-1.00.91-1.0-0.23-1.0-1.0-1.0-1.0-0.660.37-1.0-0.980.280.030.590.010.770.07
1.01.00.931.0-1.00.87-0.91.0-0.911.00.271.01.01.01.00.63-0.41.00.99-0.290.0-0.62-0.04-0.79-0.09
0.910.880.930.89-0.890.87-0.770.88-0.80.87-0.180.880.870.910.870.87-0.030.880.84-0.4-0.48-0.250.45-0.520.2
-0.89-0.89-0.86-0.90.9-0.9-0.77-0.90.99-0.9-0.28-0.9-0.9-0.89-0.9-0.430.39-0.9-0.890.310.010.750.060.850.08
1.01.00.931.0-1.01.00.88-0.9-0.911.00.261.01.01.01.00.64-0.391.00.98-0.29-0.01-0.61-0.03-0.79-0.08
-0.91-0.91-0.9-0.910.91-0.91-0.80.99-0.91-0.91-0.23-0.91-0.91-0.91-0.91-0.490.32-0.91-0.90.230.010.70.050.840.08
1.01.00.931.0-1.01.00.87-0.91.0-0.910.261.01.01.01.00.64-0.41.00.98-0.3-0.01-0.62-0.04-0.78-0.09
0.180.24-0.050.23-0.230.27-0.18-0.280.26-0.230.260.260.270.20.26-0.5-0.890.250.320.00.72-0.8-0.82-0.61-0.53
1.01.00.931.0-1.01.00.88-0.91.0-0.911.00.261.01.01.00.64-0.391.00.98-0.29-0.01-0.61-0.04-0.79-0.09
1.01.00.931.0-1.01.00.87-0.91.0-0.911.00.271.01.01.00.64-0.41.00.98-0.30.0-0.62-0.04-0.79-0.09
1.01.00.951.0-1.01.00.91-0.891.0-0.911.00.21.01.01.00.69-0.351.00.98-0.32-0.08-0.570.04-0.76-0.04
1.01.00.931.0-1.01.00.87-0.91.0-0.911.00.261.01.01.00.64-0.41.00.98-0.290.0-0.62-0.04-0.79-0.09
0.70.650.80.67-0.660.630.87-0.430.64-0.490.64-0.50.640.640.690.640.340.650.57-0.19-0.540.190.59-0.10.37
-0.32-0.37-0.05-0.370.37-0.4-0.030.39-0.390.32-0.4-0.89-0.39-0.4-0.35-0.40.34-0.38-0.440.43-0.470.830.630.620.46
1.01.00.941.0-1.01.00.88-0.91.0-0.911.00.251.01.01.01.00.65-0.380.98-0.29-0.01-0.61-0.03-0.78-0.08
0.970.980.90.97-0.980.990.84-0.890.98-0.90.980.320.980.980.980.980.57-0.440.98-0.280.04-0.64-0.07-0.84-0.11
-0.27-0.26-0.14-0.30.28-0.29-0.40.31-0.290.23-0.30.0-0.29-0.3-0.32-0.29-0.190.43-0.29-0.280.480.21-0.320.13-0.24
-0.06-0.01-0.18-0.030.030.0-0.480.01-0.010.01-0.010.72-0.010.0-0.080.0-0.54-0.47-0.010.040.48-0.49-0.97-0.32-0.52
-0.55-0.6-0.39-0.590.59-0.62-0.250.75-0.610.7-0.62-0.8-0.61-0.62-0.57-0.620.190.83-0.61-0.640.21-0.490.610.870.49
0.03-0.030.19-0.010.01-0.040.450.06-0.030.05-0.04-0.82-0.04-0.040.04-0.040.590.63-0.03-0.07-0.32-0.970.610.380.57
-0.75-0.78-0.65-0.760.77-0.79-0.520.85-0.790.84-0.78-0.61-0.79-0.79-0.76-0.79-0.10.62-0.78-0.840.13-0.320.870.380.26
-0.04-0.080.06-0.070.07-0.090.20.08-0.080.08-0.09-0.53-0.09-0.09-0.04-0.090.370.46-0.08-0.11-0.24-0.520.490.570.26
Click cells to compare fundamentals

Ausgold Account Relationship Matchups

Ausgold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets45.1M59.9M74.0M81.5M89.4M85.0M
Total Current Liabilities462.3K536.8K924.6K1.0M3.7M3.5M
Total Stockholder Equity43.4M58.1M71.8M78.6M84.1M119.9M
Other Liab1.2M1.2M1.2M1.2M1.1M1.0M
Retained Earnings(31.3M)(34.8M)(37.4M)(42.6M)(51.0M)(53.5M)
Accounts Payable216.1K144.1K424.7K160.2K461.6K438.5K
Cash1.0M7.5M10.9M9.4M5.1M4.9M
Net Receivables21.0K80.1K74.9K173.7K250.8K238.3K
Other Stockholder Equity(37.8M)(50.9M)(65.0M)(71.1M)(64.0M)(60.8M)
Total Liab1.7M1.8M2.2M3.0M5.3M5.1M
Total Current Assets1.2M7.8M11.2M9.9M5.4M5.1M
Short Term Debt95.9K99.4K43.0K290.3K2.4M2.2M
Common Stock69.0M85.7M102.3M113.7M125.3M80.5M
Property Plant Equipment43.9M52.1M62.7M71.7M82.4M86.6M
Other Current Liab150.3K293.2K456.9K560.6K795.5K755.8K
Property Plant And Equipment Net224.5K409.9K360.7K1.8M84.0M88.2M
Net Debt(853.9K)(7.3M)(10.8M)(8.4M)(2.4M)(2.5M)
Non Current Assets Total43.9M52.1M62.7M71.7M84.0M46.6M
Cash And Short Term Investments1.1M7.6M11.1M9.5M5.0M4.3M
Common Stock Shares Outstanding95.4M133.1M171.3M2.1B232.4M238.6M
Short Term Investments42K159.3K124.3K126K(151.4K)(143.9K)
Liabilities And Stockholders Equity45.1M59.9M74.0M81.5M89.4M51.4M
Property Plant And Equipment Gross43.9M52.8M63.5M72.7M85.4M46.7M
Accumulated Other Comprehensive Income5.6M7.2M6.8M7.5M9.7M5.6M
Short Long Term Debt Total171.9K196.4K119.3K1.0M2.8M2.9M
Current Deferred Revenue(95.9K)(99.4K)(43.0K)(290.3K)120.1K126.1K
Other Current Assets96.0K94.6K122.1K151.4K136.3K169.5K
Net Tangible Assets43.4M58.1M71.8M78.6M90.4M52.2M
Non Currrent Assets Other43.7M51.7M62.4M69.9M80.4M84.4M
Non Current Liabilities Total1.2M1.3M1.3M1.9M1.7M1.2M
Long Term Debt Total76.0K96.9K76.3K733.4K843.4K885.5K
Net Invested Capital43.4M58.1M71.8M78.6M86.2M62.4M
Cash And Equivalents2.2M298.5K1.0M7.5M8.6M9.0M
Net Working Capital722.5K7.2M10.3M8.9M1.7M1.7M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Ausgold Stock Analysis

When running Ausgold's price analysis, check to measure Ausgold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ausgold is operating at the current time. Most of Ausgold's value examination focuses on studying past and present price action to predict the probability of Ausgold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ausgold's price. Additionally, you may evaluate how the addition of Ausgold to your portfolios can decrease your overall portfolio volatility.