Desert Inventory vs Other Current Liab Analysis

DAU Stock

CAD 0.07 0.01 12.50%

Desert Gold financial indicator trend analysis is much more than just examining Desert Gold Ventures latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Desert Gold Ventures is a good investment. Please check the relationship between Desert Gold Inventory and its Other Current Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Desert Gold Ventures. 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 Other Current Liab

Inventory vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Desert Gold Ventures Inventory account and Other Current Liab. At this time, the significance of the direction appears to have no relationship.

The correlation between Desert Gold's Inventory and Other Current Liab is 0.06. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Desert Gold Ventures, assuming nothing else is changed. The correlation between historical values of Desert Gold's Inventory and Other Current Liab 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 Desert Gold Ventures are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Inventory i.e., Desert Gold's Inventory and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.06

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Inventory

Other Current Liab

Most indicators from Desert Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Desert Gold Ventures 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Desert Gold Ventures. 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.

Selling General Administrative is likely to drop to about 403.6 K in 2024. Issuance Of Capital Stock is likely to drop to about 202.3 K in 2024

	2021	2022	2023	2024 (projected)
Other Operating Expenses	4.3M	2.7M	984.9K	935.7K
Depreciation And Amortization	5.2K	3.8K	2.6K	2.4K

Other Operating Expenses Depreciation And Amortization

Desert Gold fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Inventory	Other Current Assets	Net Tangible Assets	Common Stock	Property Plant Equipment	Other Current Liab	Short Term Investments	Net Invested Capital	Net Working Capital	Short Long Term Debt
Total Assets		0.24	1.0	0.24	-0.45	0.63	0.37	0.67	0.56	0.44	0.28	-0.28	-0.1	0.24	0.71	0.72	0.62	0.73	0.98	-0.01	0.71	0.16	-0.31	0.26	0.23	0.26
Total Current Liabilities	0.24		0.14	-0.14	-0.69	0.07	0.93	0.61	0.67	0.7	0.22	-0.19	0.14	1.0	0.63	-0.31	-0.44	-0.32	0.08	0.03	-0.33	0.01	0.18	0.13	0.1	0.44
Total Stockholder Equity	1.0	0.14		0.25	-0.39	0.64	0.29	0.63	0.5	0.38	0.26	-0.26	-0.12	0.14	0.66	0.76	0.68	0.78	0.99	-0.01	0.76	0.16	-0.34	0.26	0.22	0.22
Property Plant And Equipment Net	0.24	-0.14	0.25		0.27	0.78	-0.14	-0.14	0.26	-0.29	-0.08	-0.76	0.57	-0.14	-0.17	0.47	0.26	0.46	0.21	-0.83	0.51	0.39	-0.02	-0.31	-0.37	0.38
Net Debt	-0.45	-0.69	-0.39	0.27		0.06	-0.66	-0.95	-0.52	-1.0	-0.05	-0.08	0.09	-0.69	-0.83	0.19	0.08	0.19	-0.36	-0.22	0.21	-0.21	0.01	-0.68	-0.66	-0.2
Retained Earnings	0.63	0.07	0.64	0.78	0.06		0.12	0.14	0.48	-0.07	0.2	-0.87	0.47	0.07	0.21	0.67	0.36	0.67	0.59	-0.72	0.69	0.24	-0.29	-0.3	-0.38	0.45
Accounts Payable	0.37	0.93	0.29	-0.14	-0.66	0.12		0.63	0.82	0.67	0.18	-0.14	0.13	0.93	0.63	-0.15	-0.27	-0.14	0.24	0.11	-0.16	-0.21	0.02	0.05	0.03	0.33
Cash	0.67	0.61	0.63	-0.14	-0.95	0.14	0.63		0.59	0.95	0.02	0.0	-0.15	0.61	0.85	0.11	0.18	0.11	0.6	0.19	0.09	0.22	-0.08	0.66	0.64	0.24
Non Current Assets Total	0.56	0.67	0.5	0.26	-0.52	0.48	0.82	0.59		0.51	0.03	-0.38	0.26	0.67	0.51	0.2	0.03	0.21	0.49	-0.16	0.21	-0.07	-0.31	-0.14	-0.18	0.18
Cash And Short Term Investments	0.44	0.7	0.38	-0.29	-1.0	-0.07	0.67	0.95	0.51		0.05	0.08	-0.11	0.7	0.83	-0.19	-0.09	-0.19	0.35	0.23	-0.21	0.2	0.01	0.69	0.67	0.21
Net Receivables	0.28	0.22	0.26	-0.08	-0.05	0.2	0.18	0.02	0.03	0.05		-0.24	0.23	0.22	0.54	-0.09	-0.23	-0.08	0.25	-0.04	-0.1	0.05	-0.25	-0.08	-0.1	0.13
Common Stock Shares Outstanding	-0.28	-0.19	-0.26	-0.76	-0.08	-0.87	-0.14	0.0	-0.38	0.08	-0.24		-0.76	-0.19	-0.12	-0.25	0.06	-0.25	-0.19	0.9	-0.28	-0.24	0.12	0.36	0.45	-0.6
Other Stockholder Equity	-0.1	0.14	-0.12	0.57	0.09	0.47	0.13	-0.15	0.26	-0.11	0.23	-0.76		0.14	-0.02	-0.15	-0.36	-0.16	-0.18	-0.78	-0.13	0.16	-0.06	-0.4	-0.45	0.42
Total Liab	0.24	1.0	0.14	-0.14	-0.69	0.07	0.93	0.61	0.67	0.7	0.22	-0.19	0.14		0.63	-0.31	-0.44	-0.32	0.08	0.03	-0.33	0.01	0.18	0.13	0.1	0.44
Total Current Assets	0.71	0.63	0.66	-0.17	-0.83	0.21	0.63	0.85	0.51	0.83	0.54	-0.12	-0.02	0.63		0.05	0.04	0.05	0.64	0.15	0.03	0.21	-0.18	0.53	0.49	0.27
Short Long Term Debt Total	0.72	-0.31	0.76	0.47	0.19	0.67	-0.15	0.11	0.2	-0.19	-0.09	-0.25	-0.15	-0.31	0.05		0.86	0.98	0.77	-0.13	0.98	0.07	-0.22	-0.08	-0.1	0.06
Inventory	0.62	-0.44	0.68	0.26	0.08	0.36	-0.27	0.18	0.03	-0.09	-0.23	0.06	-0.36	-0.44	0.04	0.86		0.88	0.71	0.14	0.87	0.06	-0.23	0.21	0.21	-0.06
Other Current Assets	0.73	-0.32	0.78	0.46	0.19	0.67	-0.14	0.11	0.21	-0.19	-0.08	-0.25	-0.16	-0.32	0.05	0.98	0.88		0.78	-0.13	1.0	0.05	-0.25	-0.09	-0.11	0.1
Net Tangible Assets	0.98	0.08	0.99	0.21	-0.36	0.59	0.24	0.6	0.49	0.35	0.25	-0.19	-0.18	0.08	0.64	0.77	0.71	0.78		0.06	0.76	0.14	-0.43	0.24	0.21	0.07
Common Stock	-0.01	0.03	-0.01	-0.83	-0.22	-0.72	0.11	0.19	-0.16	0.23	-0.04	0.9	-0.78	0.03	0.15	-0.13	0.14	-0.13	0.06		-0.17	-0.34	0.03	0.37	0.45	-0.49
Property Plant Equipment	0.71	-0.33	0.76	0.51	0.21	0.69	-0.16	0.09	0.21	-0.21	-0.1	-0.28	-0.13	-0.33	0.03	0.98	0.87	1.0	0.76	-0.17		0.07	-0.24	-0.1	-0.12	0.12
Other Current Liab	0.16	0.01	0.16	0.39	-0.21	0.24	-0.21	0.22	-0.07	0.2	0.05	-0.24	0.16	0.01	0.21	0.07	0.06	0.05	0.14	-0.34	0.07		0.1	0.26	0.22	0.19
Short Term Investments	-0.31	0.18	-0.34	-0.02	0.01	-0.29	0.02	-0.08	-0.31	0.01	-0.25	0.12	-0.06	0.18	-0.18	-0.22	-0.23	-0.25	-0.43	0.03	-0.24	0.1		0.28	0.28	0.5
Net Invested Capital	0.26	0.13	0.26	-0.31	-0.68	-0.3	0.05	0.66	-0.14	0.69	-0.08	0.36	-0.4	0.13	0.53	-0.08	0.21	-0.09	0.24	0.37	-0.1	0.26	0.28		0.99	0.12
Net Working Capital	0.23	0.1	0.22	-0.37	-0.66	-0.38	0.03	0.64	-0.18	0.67	-0.1	0.45	-0.45	0.1	0.49	-0.1	0.21	-0.11	0.21	0.45	-0.12	0.22	0.28	0.99		0.06
Short Long Term Debt	0.26	0.44	0.22	0.38	-0.2	0.45	0.33	0.24	0.18	0.21	0.13	-0.6	0.42	0.44	0.27	0.06	-0.06	0.1	0.07	-0.49	0.12	0.19	0.5	0.12	0.06

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Desert Gold Account Relationship Matchups

Desert Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	263.7K	4.0M	1.5M	1.4M	299.1K	284.1K
Total Current Liabilities	316.9K	457.5K	476.9K	539.7K	124.1K	117.9K
Total Stockholder Equity	(53.2K)	3.6M	1.0M	842.0K	175.0K	166.2K
Property Plant And Equipment Net	30.0K	13.6K	7.7K	3.8K	1.3K	1.2K
Net Debt	(204.4K)	(3.9M)	(1.2M)	(1.2M)	(279.6K)	(293.6K)
Retained Earnings	(44.9M)	(47.7M)	(51.8M)	(54.6M)	(55.6M)	(52.8M)
Accounts Payable	283.0K	262.2K	331.7K	391.7K	39.6K	37.7K
Cash	204.4K	3.9M	1.2M	1.2M	279.6K	265.6K
Non Current Assets Total	30.0K	13.6K	7.7K	3.8K	1.3K	1.2K
Cash And Short Term Investments	204.4K	4.0M	1.3M	1.3M	279.6K	265.6K
Net Receivables	23.1K	49.0K	192.7K	92.6K	10.8K	10.3K
Common Stock Shares Outstanding	63.9M	113.5M	138.2M	159.3M	159.5M	167.4M
Liabilities And Stockholders Equity	263.7K	4.0M	1.5M	1.4M	299.1K	284.1K
Other Stockholder Equity	18.4M	175.9K	18.3M	0.0	(1.43)	(1.36)
Total Liab	316.9K	457.5K	476.9K	539.7K	124.1K	117.9K
Total Current Assets	233.7K	4.0M	1.5M	1.4M	297.8K	282.9K
Accumulated Other Comprehensive Income	18.3M	18.9M	19.3M	19.7M	19.8M	17.1M
Inventory	6.2K	13.0K	(82.05)	8.9K	7.4K	7.1K
Other Current Assets	29.36	1.0	82.05	101.65	18.23	17.32
Net Tangible Assets	(361.7K)	(53.2K)	3.6M	842.0K	757.8K	1.4M
Common Stock	26.6M	32.3M	33.6M	35.8M	36.0M	37.8M
Property Plant Equipment	46.8K	30.0K	13.6K	3.8K	3.4K	3.2K
Other Current Liab	33.9K	195.3K	145.3K	148.0K	84.5K	113.9K
Net Invested Capital	(53.2K)	3.6M	926.4K	842.0K	175.0K	166.2K
Net Working Capital	(83.2K)	3.6M	918.7K	838.2K	173.7K	165.0K
Capital Stock	26.6M	32.3M	33.5M	35.8M	36.0M	33.6M

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