Gold79 Inventory vs Common Stock 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 Inventory and its Common Stock 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.

Inventory vs Common Stock

Inventory vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gold79 Mines Inventory account and Common Stock. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Gold79 Mines' Inventory and Common Stock is -0.05. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Common Stock 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' Inventory and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Gold79 Mines are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Inventory i.e., Gold79 Mines' Inventory and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.05

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Inventory

Common Stock

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

Click cells to compare fundamentals

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

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 Gold79 Stock Analysis

When running Gold79 Mines' price analysis, check to measure Gold79 Mines' 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 Gold79 Mines is operating at the current time. Most of Gold79 Mines' value examination focuses on studying past and present price action to predict the probability of Gold79 Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold79 Mines' price. Additionally, you may evaluate how the addition of Gold79 Mines to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC