Gold79 Other Stockholder Equity vs Inventory 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 Other Stockholder Equity and its Inventory 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.

Other Stockholder Equity vs Inventory

Other Stockholder Equity vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gold79 Mines Other Stockholder Equity account and Inventory. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Gold79 Mines' Other Stockholder Equity and Inventory is 0.16. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Inventory 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' Other Stockholder Equity and Inventory 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 Stockholder Equity of Gold79 Mines are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Other Stockholder Equity i.e., Gold79 Mines' Other Stockholder Equity and Inventory go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Stockholder Equity

Inventory

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

-0.29-0.20.78-0.07-0.410.50.02-0.27-0.140.1-0.1-0.26-0.22-0.24-0.12-0.190.060.010.03-0.120.25-0.11-0.05-0.09-0.19
-0.290.12-0.160.51-0.050.470.340.970.61-0.370.370.990.770.270.460.290.16-0.330.32-0.040.120.560.510.50.33
-0.20.12-0.1-0.5-0.090.32-0.80.24-0.39-0.330.330.170.510.310.080.24-0.730.27-0.290.870.76-0.4-0.5-0.47-0.18
0.78-0.16-0.10.11-0.690.32-0.04-0.150.05-0.140.14-0.14-0.22-0.05-0.010.02-0.16-0.110.15-0.16-0.040.080.170.12-0.04
-0.070.51-0.50.11-0.31-0.170.510.380.98-0.150.140.48-0.140.050.10.110.16-0.770.76-0.39-0.420.960.960.870.34
-0.41-0.05-0.09-0.69-0.31-0.070.12-0.07-0.360.4-0.4-0.060.21-0.24-0.28-0.290.470.16-0.2-0.17-0.07-0.41-0.44-0.43-0.12
0.50.470.320.32-0.17-0.07-0.020.52-0.11-0.060.060.520.73-0.090.16-0.070.10.06-0.050.120.62-0.17-0.19-0.21-0.19
0.020.34-0.8-0.040.510.12-0.020.310.480.06-0.060.28-0.01-0.070.250.00.87-0.050.27-0.78-0.590.480.540.640.4
-0.270.970.24-0.150.38-0.070.520.310.5-0.440.440.970.830.340.510.350.13-0.140.230.070.220.460.40.450.34
-0.140.61-0.390.050.98-0.36-0.110.480.5-0.170.170.59-0.020.060.170.110.11-0.730.73-0.32-0.340.950.950.870.31
0.1-0.37-0.33-0.14-0.150.4-0.060.06-0.44-0.17-1.0-0.31-0.25-0.9-0.64-0.940.4-0.180.19-0.38-0.17-0.37-0.3-0.44-0.81
-0.10.370.330.140.14-0.40.06-0.060.440.17-1.00.310.250.90.640.94-0.390.19-0.190.380.170.370.30.430.81
-0.260.990.17-0.140.48-0.060.520.280.970.59-0.310.310.790.190.410.210.12-0.350.35-0.010.190.520.470.440.23
-0.220.770.51-0.22-0.140.210.73-0.010.83-0.02-0.250.250.790.190.380.170.070.12-0.120.230.48-0.07-0.14-0.110.06
-0.240.270.31-0.050.05-0.24-0.09-0.070.340.06-0.90.90.190.190.540.99-0.320.23-0.230.440.090.270.180.310.72
-0.120.460.08-0.010.1-0.280.160.250.510.17-0.640.640.410.380.540.620.010.21-0.210.070.030.340.320.420.67
-0.190.290.240.020.11-0.29-0.070.00.350.11-0.940.940.210.170.990.62-0.290.21-0.210.370.050.340.260.390.79
0.060.16-0.73-0.160.160.470.10.870.130.110.4-0.390.120.07-0.320.01-0.290.080.11-0.78-0.480.060.130.190.06
0.01-0.330.27-0.11-0.770.160.06-0.05-0.14-0.73-0.180.19-0.350.120.230.210.210.08-0.80.20.19-0.66-0.65-0.390.14
0.030.32-0.290.150.76-0.2-0.050.270.230.730.19-0.190.35-0.12-0.23-0.21-0.210.11-0.8-0.21-0.210.660.650.53-0.15
-0.12-0.040.87-0.16-0.39-0.170.12-0.780.07-0.32-0.380.38-0.010.230.440.070.37-0.780.2-0.210.78-0.25-0.38-0.34-0.11
0.250.120.76-0.04-0.42-0.070.62-0.590.22-0.34-0.170.170.190.480.090.030.05-0.480.19-0.210.78-0.34-0.45-0.44-0.26
-0.110.56-0.40.080.96-0.41-0.170.480.460.95-0.370.370.52-0.070.270.340.340.06-0.660.66-0.25-0.340.980.930.52
-0.050.51-0.50.170.96-0.44-0.190.540.40.95-0.30.30.47-0.140.180.320.260.13-0.650.65-0.38-0.450.980.940.5
-0.090.5-0.470.120.87-0.43-0.210.640.450.87-0.440.430.44-0.110.310.420.390.19-0.390.53-0.34-0.440.930.940.64
-0.190.33-0.18-0.040.34-0.12-0.190.40.340.31-0.810.810.230.060.720.670.790.060.14-0.15-0.11-0.260.520.50.64
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Gold79 Mines Account Relationship Matchups

Gold79 Mines fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities389.4K136.0K247.0K85.5K195.8K168.2K
Total Stockholder Equity(154.6K)2.4M4.7M4.9M4.9M5.1M
Retained Earnings(18.3M)(19.1M)(20.0M)(20.5M)(20.9M)(19.9M)
Accounts Payable282.5K111.8K204.2K53.5K152.0K131.4K
Common Stock Shares Outstanding3.1M5.8M11.5M14.9M19.1M20.1M
Other Stockholder Equity5.1M5.8M6.8M7.0M7.1M9.0M
Total Liab389.4K136.0K247.0K85.5K195.8K188.9K
Common Stock13.1M15.9M17.9M18.5M18.8M11.3M
Total Assets234.9K2.6M4.9M5.0M5.1M2.7M
Property Plant And Equipment Net155.3K1.8M2.3M4.5M4.9M5.2M
Net Debt(47.2K)(173.8K)(1.0M)(432.0K)(90.2K)(94.7K)
Cash47.2K173.8K1.0M432.0K90.2K85.7K
Non Current Assets Total181.2K2.3M3.6M4.5M4.9M5.2M
Non Currrent Assets Other25.9K530.2K1.3M13.0K11.7K11.1K
Cash And Short Term Investments47.2K173.8K1.0M432.0K90.2K85.7K
Net Receivables1.0K32.5K30.4K11.9K5.2K4.9K
Liabilities And Stockholders Equity234.9K2.6M4.9M5.0M5.1M2.7M
Total Current Assets53.6K293.3K1.3M516.2K130.3K123.8K
Accumulated Other Comprehensive Income(104.2K)(81.0K)(65.3K)(62.7K)(65.2K)(62.0K)
Other Current Liab106.9K24.2K42.8K32K43.8K55.9K
Net Tangible Assets(151.2K)(154.6K)2.4M4.7M5.4M5.6M
Net Invested Capital(154.6K)2.4M4.7M4.9M4.9M2.6M
Net Working Capital(335.8K)157.3K1.1M430.7K(65.5K)(62.3K)
Capital Stock13.1M15.9M17.9M18.5M18.8M17.8M

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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.