Gold79 Net Debt vs Retained Earnings Analysis

AUU Stock

CAD 0.30 0.02 6.25%

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 Net Debt and its Retained Earnings 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.

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gold79 Mines Net Debt account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Gold79 Mines' Net Debt and Retained Earnings is -0.33. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Retained Earnings 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' Net Debt and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Gold79 Mines are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Debt i.e., Gold79 Mines' Net Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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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