Golden Book Value Per Share vs Days Sales Outstanding Analysis
| AUMN Stock | CAD 0.33 0.03 10.00% |
Golden Minerals financial indicator trend analysis is much more than just examining Golden Minerals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Golden Minerals is a good investment. Please check the relationship between Golden Minerals Book Value Per Share and its Days Sales Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Golden Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
Book Value Per Share vs Days Sales Outstanding
Book Value Per Share vs Days Sales Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Golden Minerals Book Value Per Share account and Days Sales Outstanding. At this time, the significance of the direction appears to have no relationship.
The correlation between Golden Minerals' Book Value Per Share and Days Sales Outstanding is 0.08. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Golden Minerals, assuming nothing else is changed. The correlation between historical values of Golden Minerals' Book Value Per Share and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Golden Minerals are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Book Value Per Share i.e., Golden Minerals' Book Value Per Share and Days Sales Outstanding go up and down completely randomly.
Correlation Coefficient | 0.08 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Days Sales Outstanding
Most indicators from Golden Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Golden Minerals 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 Golden Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index. At this time, Golden Minerals' Enterprise Value Over EBITDA is very stable compared to the past year. As of the 22nd of August 2025, Enterprise Value Multiple is likely to grow to 0.41, while Selling General Administrative is likely to drop about 3.8 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Total Operating Expenses | 15.5M | 8.2M | 4.6M | 4.3M | Cost Of Revenue | 17.9M | 12.9M | 1K | 950.0 |
Golden Minerals fundamental ratios Correlations
Click cells to compare fundamentals
Golden Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Golden Minerals fundamental ratios Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 18.3M | 23.7M | 14.9M | 14.9M | 4.8M | 4.6M | |
| Short Long Term Debt Total | 277K | 327K | 234K | 133K | 153.0K | 145.3K | |
| Other Current Liab | 2.0M | 3.7M | 2.3M | 3.1M | 2.0M | 1.9M | |
| Total Current Liabilities | 2.5M | 5.6M | 4.3M | 5.7M | 3.6M | 3.5M | |
| Total Stockholder Equity | 12.0M | 14.2M | 6.5M | 5.1M | (2.1M) | (2.0M) | |
| Property Plant And Equipment Net | 6.5M | 7.3M | 6.7M | 5.9M | 31K | 29.5K | |
| Net Debt | (9.4M) | (11.9M) | (3.6M) | (3.5M) | (3.1M) | (3.0M) | |
| Retained Earnings | (525.9M) | (528.0M) | (538.0M) | (547.2M) | (554.8M) | (527.0M) | |
| Accounts Payable | 272K | 1.3M | 1.8M | 2.5M | 1.2M | 1.1M | |
| Cash | 9.7M | 12.2M | 3.8M | 3.6M | 3.2M | 3.0M | |
| Non Current Assets Total | 7.0M | 7.4M | 7.0M | 6.2M | 963K | 914.9K | |
| Non Currrent Assets Other | 1.1M | 479K | 70K | 5.8M | 667K | 633.7K | |
| Cash And Short Term Investments | 9.8M | 12.3M | 3.8M | 3.6M | 3.3M | 3.1M | |
| Common Stock Shares Outstanding | 5.3M | 6.5M | 6.6M | 8.5M | 15.1M | 15.8M | |
| Liabilities And Stockholders Equity | 18.3M | 23.7M | 14.9M | 14.9M | 13.4M | 12.7M | |
| Other Current Assets | 1.2M | 1.2M | 2.6M | 4.1M | 255K | 242.3K | |
| Other Stockholder Equity | 536.3M | 540.4M | 544.4M | 552.2M | 635.0M | 431.0M | |
| Total Liab | 6.3M | 9.5M | 8.5M | 9.8M | 6.9M | 6.6M | |
| Property Plant And Equipment Gross | 6.5M | 36.3M | 35.8M | 33.2M | 517K | 491.2K | |
| Total Current Assets | 11.3M | 16.3M | 8.0M | 8.7M | 3.9M | 3.7M | |
| Short Term Debt | 277K | 327K | 234K | 105K | 94.5K | 89.8K | |
| Current Deferred Revenue | 472K | 535K | 1.5M | 1.7M | 2.0M | 2.1M | |
| Net Receivables | 117K | 1.3M | 1.5M | 153K | 176.0K | 184.7K | |
| Non Current Liabilities Total | 3.8M | 3.9M | 4.1M | 4.1M | 3.3M | 3.1M | |
| Common Stock | 1.6M | 1.6M | 1.7M | 141K | 162.2K | 154.0K | |
| Short Term Investments | 330K | 0.0 | 79K | 67K | 20K | 11K | |
| Inventory | 284K | 1.6M | 1.4M | 830K | 747K | 709.7K | |
| Other Assets | 1.4M | (7K) | 1.1M | 1.2M | 1.3M | 955.2K | |
| Other Liab | 3M | 2.8M | 3.2M | 3.6M | 3.2M | 2.7M | |
| Net Tangible Assets | 7.4M | 5.6M | 12.0M | 14.2M | 12.8M | 9.6M | |
| Property Plant Equipment | 5.8M | 5.6M | 6.2M | 5.6M | 5.0M | 7.6M | |
| Capital Surpluse | 517.8M | 521.3M | 536.3M | 540.5M | 621.6M | 567.7M | |
| Non Current Liabilities Other | 648K | 353K | 122K | 19K | 17.1K | 16.2K | |
| Deferred Long Term Liab | 569K | 511K | 479K | 70K | 63K | 59.9K | |
| Net Invested Capital | 12.0M | 14.2M | 6.5M | 5.1M | (2.1M) | (2.0M) | |
| Net Working Capital | 8.8M | 10.7M | 3.6M | 3.0M | 216K | 205.2K | |
| Capital Stock | 1.6M | 1.6M | 1.7M | 141K | 150K | 142.5K |
Pair Trading with Golden Minerals
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Golden Minerals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Golden Minerals will appreciate offsetting losses from the drop in the long position's value.Moving together with Golden Stock
Moving against Golden Stock
| 0.74 | FDR | Flinders Resources | PairCorr |
| 0.72 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.53 | ORE | Orezone Gold Corp | PairCorr |
The ability to find closely correlated positions to Golden Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Golden Minerals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Golden Minerals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Golden Minerals to buy it.
The correlation of Golden Minerals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Golden Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Golden Minerals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Golden Minerals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Golden Stock
Balance Sheet is a snapshot of the financial position of Golden Minerals at a specified time, usually calculated after every quarter, six months, or one year. Golden Minerals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Golden Minerals 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 Golden currently owns. An asset can also be divided into two categories, current and non-current.