GAU Stock | | | USD 1.49 0.10 7.19% |
Galiano Gold financial indicator trend analysis is much more than just examining Galiano Gold latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Galiano Gold is a good investment. Please check the relationship between Galiano Gold Long Term Investments and its Total Assets accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galiano Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Galiano Stock please use our
How to Invest in Galiano Gold guide.
Long Term Investments vs Total Assets
Long Term Investments vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Galiano Gold Long Term Investments account and
Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Galiano Gold's Long Term Investments and Total Assets is 0.51. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Assets in the same time period over historical financial statements of Galiano Gold, assuming nothing else is changed. The correlation between historical values of Galiano Gold's Long Term Investments and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Galiano Gold are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Long Term Investments i.e., Galiano Gold's Long Term Investments and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Galiano Gold balance sheet that represents investments Galiano Gold intends to hold for over a year. Galiano Gold long term investments may include different instruments such as stocks, bonds, real estate and cash.
Total Assets
Total assets refers to the total amount of Galiano Gold assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Galiano Gold books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Galiano Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Galiano Gold 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galiano Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Galiano Stock please use our
How to Invest in Galiano Gold guide.
Selling General Administrative is likely to drop to about 10.3
M in 2024.
Sales General And Administrative To Revenue is likely to drop to 0.08 in 2024
Galiano Gold fundamental ratios Correlations
Click cells to compare fundamentals
Galiano Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Galiano Gold fundamental ratios Accounts
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Additional Tools for Galiano Stock Analysis
When running Galiano Gold's price analysis, check to
measure Galiano Gold's 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 Galiano Gold is operating at the current time. Most of Galiano Gold's value examination focuses on studying past and present price action to
predict the probability of Galiano Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galiano Gold's price. Additionally, you may evaluate how the addition of Galiano Gold to your portfolios can decrease your overall portfolio volatility.