Gold79 Common Stock Shares Outstanding vs Cash Analysis

AUU Stock

CAD 0.32 0.01 3.23%

Gold79 Mines financial indicator trend analysis is much more than just examining Gold79 Mines latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gold79 Mines is a good investment. Please check the relationship between Gold79 Mines Common Stock Shares Outstanding and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Gold79 Mines. 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.

Common Stock Shares Outstanding vs Cash

Common Stock Shares Outstanding vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gold79 Mines Common Stock Shares Outstanding account and Cash. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Gold79 Mines' Common Stock Shares Outstanding and Cash is 0.14. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash in the same time period over historical financial statements of Gold79 Mines, assuming nothing else is changed. The correlation between historical values of Gold79 Mines' Common Stock Shares Outstanding and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Gold79 Mines are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock Shares Outstanding i.e., Gold79 Mines' Common Stock Shares Outstanding and Cash go up and down completely randomly.

Correlation Coefficient

0.14

Relationship Direction	Positive
Relationship Strength	Insignificant

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Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Cash

Cash refers to the most liquid asset of Gold79 Mines, which is listed under current asset account on Gold79 Mines balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Gold79 Mines customers. The amounts must be unrestricted with restricted cash listed in a different Gold79 Mines account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Gold79 Mines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gold79 Mines 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 Gold79 Mines. 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.

At this time, Gold79 Mines' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 3 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 327.6 K in 2024.

Gold79 Mines fundamental ratios Correlations

	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Common Stock	Total Assets	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Total Current Assets	Other Assets	Inventory	Other Current Assets	Short Term Investments	Other Current Liab	Net Tangible Assets	Property Plant Equipment	Net Invested Capital	Net Working Capital
Total Current Liabilities		-0.29	-0.2	0.78	-0.07	-0.41	0.5	0.02	-0.27	-0.14	0.1	-0.1	-0.26	-0.22	-0.24	-0.12	-0.19	0.06	0.01	0.03	-0.12	0.25	-0.11	-0.05	-0.09	-0.19
Total Stockholder Equity	-0.29		0.12	-0.16	0.51	-0.05	0.47	0.34	0.97	0.61	-0.37	0.37	0.99	0.77	0.27	0.46	0.29	0.16	-0.33	0.32	-0.04	0.12	0.56	0.51	0.5	0.33
Retained Earnings	-0.2	0.12		-0.1	-0.5	-0.09	0.32	-0.8	0.24	-0.39	-0.33	0.33	0.17	0.51	0.31	0.08	0.24	-0.73	0.27	-0.29	0.87	0.76	-0.4	-0.5	-0.47	-0.18
Accounts Payable	0.78	-0.16	-0.1		0.11	-0.69	0.32	-0.04	-0.15	0.05	-0.14	0.14	-0.14	-0.22	-0.05	-0.01	0.02	-0.16	-0.11	0.15	-0.16	-0.04	0.08	0.17	0.12	-0.04
Common Stock Shares Outstanding	-0.07	0.51	-0.5	0.11		-0.31	-0.17	0.51	0.38	0.98	-0.15	0.14	0.48	-0.14	0.05	0.1	0.11	0.16	-0.77	0.76	-0.39	-0.42	0.96	0.96	0.87	0.34
Other Stockholder Equity	-0.41	-0.05	-0.09	-0.69	-0.31		-0.07	0.12	-0.07	-0.36	0.4	-0.4	-0.06	0.21	-0.24	-0.28	-0.29	0.47	0.16	-0.2	-0.17	-0.07	-0.41	-0.44	-0.43	-0.12
Total Liab	0.5	0.47	0.32	0.32	-0.17	-0.07		-0.02	0.52	-0.11	-0.06	0.06	0.52	0.73	-0.09	0.16	-0.07	0.1	0.06	-0.05	0.12	0.62	-0.17	-0.19	-0.21	-0.19
Common Stock	0.02	0.34	-0.8	-0.04	0.51	0.12	-0.02		0.31	0.48	0.06	-0.06	0.28	-0.01	-0.07	0.25	0.0	0.87	-0.05	0.27	-0.78	-0.59	0.48	0.54	0.64	0.4
Total Assets	-0.27	0.97	0.24	-0.15	0.38	-0.07	0.52	0.31		0.5	-0.44	0.44	0.97	0.83	0.34	0.51	0.35	0.13	-0.14	0.23	0.07	0.22	0.46	0.4	0.45	0.34
Property Plant And Equipment Net	-0.14	0.61	-0.39	0.05	0.98	-0.36	-0.11	0.48	0.5		-0.17	0.17	0.59	-0.02	0.06	0.17	0.11	0.11	-0.73	0.73	-0.32	-0.34	0.95	0.95	0.87	0.31
Net Debt	0.1	-0.37	-0.33	-0.14	-0.15	0.4	-0.06	0.06	-0.44	-0.17		-1.0	-0.31	-0.25	-0.9	-0.64	-0.94	0.4	-0.18	0.19	-0.38	-0.17	-0.37	-0.3	-0.44	-0.81
Cash	-0.1	0.37	0.33	0.14	0.14	-0.4	0.06	-0.06	0.44	0.17	-1.0		0.31	0.25	0.9	0.64	0.94	-0.39	0.19	-0.19	0.38	0.17	0.37	0.3	0.43	0.81
Non Current Assets Total	-0.26	0.99	0.17	-0.14	0.48	-0.06	0.52	0.28	0.97	0.59	-0.31	0.31		0.79	0.19	0.41	0.21	0.12	-0.35	0.35	-0.01	0.19	0.52	0.47	0.44	0.23
Non Currrent Assets Other	-0.22	0.77	0.51	-0.22	-0.14	0.21	0.73	-0.01	0.83	-0.02	-0.25	0.25	0.79		0.19	0.38	0.17	0.07	0.12	-0.12	0.23	0.48	-0.07	-0.14	-0.11	0.06
Cash And Short Term Investments	-0.24	0.27	0.31	-0.05	0.05	-0.24	-0.09	-0.07	0.34	0.06	-0.9	0.9	0.19	0.19		0.54	0.99	-0.32	0.23	-0.23	0.44	0.09	0.27	0.18	0.31	0.72
Net Receivables	-0.12	0.46	0.08	-0.01	0.1	-0.28	0.16	0.25	0.51	0.17	-0.64	0.64	0.41	0.38	0.54		0.62	0.01	0.21	-0.21	0.07	0.03	0.34	0.32	0.42	0.67
Total Current Assets	-0.19	0.29	0.24	0.02	0.11	-0.29	-0.07	0.0	0.35	0.11	-0.94	0.94	0.21	0.17	0.99	0.62		-0.29	0.21	-0.21	0.37	0.05	0.34	0.26	0.39	0.79
Other Assets	0.06	0.16	-0.73	-0.16	0.16	0.47	0.1	0.87	0.13	0.11	0.4	-0.39	0.12	0.07	-0.32	0.01	-0.29		0.08	0.11	-0.78	-0.48	0.06	0.13	0.19	0.06
Inventory	0.01	-0.33	0.27	-0.11	-0.77	0.16	0.06	-0.05	-0.14	-0.73	-0.18	0.19	-0.35	0.12	0.23	0.21	0.21	0.08		-0.8	0.2	0.19	-0.66	-0.65	-0.39	0.14
Other Current Assets	0.03	0.32	-0.29	0.15	0.76	-0.2	-0.05	0.27	0.23	0.73	0.19	-0.19	0.35	-0.12	-0.23	-0.21	-0.21	0.11	-0.8		-0.21	-0.21	0.66	0.65	0.53	-0.15
Short Term Investments	-0.12	-0.04	0.87	-0.16	-0.39	-0.17	0.12	-0.78	0.07	-0.32	-0.38	0.38	-0.01	0.23	0.44	0.07	0.37	-0.78	0.2	-0.21		0.78	-0.25	-0.38	-0.34	-0.11
Other Current Liab	0.25	0.12	0.76	-0.04	-0.42	-0.07	0.62	-0.59	0.22	-0.34	-0.17	0.17	0.19	0.48	0.09	0.03	0.05	-0.48	0.19	-0.21	0.78		-0.34	-0.45	-0.44	-0.26
Net Tangible Assets	-0.11	0.56	-0.4	0.08	0.96	-0.41	-0.17	0.48	0.46	0.95	-0.37	0.37	0.52	-0.07	0.27	0.34	0.34	0.06	-0.66	0.66	-0.25	-0.34		0.98	0.93	0.52
Property Plant Equipment	-0.05	0.51	-0.5	0.17	0.96	-0.44	-0.19	0.54	0.4	0.95	-0.3	0.3	0.47	-0.14	0.18	0.32	0.26	0.13	-0.65	0.65	-0.38	-0.45	0.98		0.94	0.5
Net Invested Capital	-0.09	0.5	-0.47	0.12	0.87	-0.43	-0.21	0.64	0.45	0.87	-0.44	0.43	0.44	-0.11	0.31	0.42	0.39	0.19	-0.39	0.53	-0.34	-0.44	0.93	0.94		0.64
Net Working Capital	-0.19	0.33	-0.18	-0.04	0.34	-0.12	-0.19	0.4	0.34	0.31	-0.81	0.81	0.23	0.06	0.72	0.67	0.79	0.06	0.14	-0.15	-0.11	-0.26	0.52	0.5	0.64

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Gold79 Mines Account Relationship Matchups

Gold79 Mines fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Current Liabilities	389.4K	136.0K	247.0K	85.5K	195.8K	168.2K
Total Stockholder Equity	(154.6K)	2.4M	4.7M	4.9M	4.9M	5.1M
Retained Earnings	(18.3M)	(19.1M)	(20.0M)	(20.5M)	(20.9M)	(19.9M)
Accounts Payable	282.5K	111.8K	204.2K	53.5K	152.0K	131.4K
Common Stock Shares Outstanding	3.1M	5.8M	11.5M	14.9M	19.1M	20.1M
Other Stockholder Equity	5.1M	5.8M	6.8M	7.0M	7.1M	9.0M
Total Liab	389.4K	136.0K	247.0K	85.5K	195.8K	188.9K
Common Stock	13.1M	15.9M	17.9M	18.5M	18.8M	11.3M
Total Assets	234.9K	2.6M	4.9M	5.0M	5.1M	2.7M
Property Plant And Equipment Net	155.3K	1.8M	2.3M	4.5M	4.9M	5.2M
Net Debt	(47.2K)	(173.8K)	(1.0M)	(432.0K)	(90.2K)	(94.7K)
Cash	47.2K	173.8K	1.0M	432.0K	90.2K	85.7K
Non Current Assets Total	181.2K	2.3M	3.6M	4.5M	4.9M	5.2M
Non Currrent Assets Other	25.9K	530.2K	1.3M	13.0K	11.7K	11.1K
Cash And Short Term Investments	47.2K	173.8K	1.0M	432.0K	90.2K	85.7K
Net Receivables	1.0K	32.5K	30.4K	11.9K	5.2K	4.9K
Liabilities And Stockholders Equity	234.9K	2.6M	4.9M	5.0M	5.1M	2.7M
Total Current Assets	53.6K	293.3K	1.3M	516.2K	130.3K	123.8K
Accumulated Other Comprehensive Income	(104.2K)	(81.0K)	(65.3K)	(62.7K)	(65.2K)	(62.0K)
Other Current Liab	106.9K	24.2K	42.8K	32K	43.8K	55.9K
Net Tangible Assets	(151.2K)	(154.6K)	2.4M	4.7M	5.4M	5.6M
Net Invested Capital	(154.6K)	2.4M	4.7M	4.9M	4.9M	2.6M
Net Working Capital	(335.8K)	157.3K	1.1M	430.7K	(65.5K)	(62.3K)
Capital Stock	13.1M	15.9M	17.9M	18.5M	18.8M	17.8M

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