Goldenbridge Cash vs Other Current Assets Analysis
| GBRGW Stock | USD 0.39 0.04 11.43% |
Goldenbridge Acquisition financial indicator trend analysis is much more than just examining Goldenbridge Acquisition latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Goldenbridge Acquisition is a good investment. Please check the relationship between Goldenbridge Acquisition Cash and its Other Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldenbridge Acquisition Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Cash vs Other Current Assets
Cash vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goldenbridge Acquisition Cash account and Other Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Goldenbridge Acquisition's Cash and Other Current Assets is -0.08. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Goldenbridge Acquisition Limited, assuming nothing else is changed. The correlation between historical values of Goldenbridge Acquisition's Cash and Other Current 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 Cash of Goldenbridge Acquisition Limited are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Cash i.e., Goldenbridge Acquisition's Cash and Other Current Assets go up and down completely randomly.
Correlation Coefficient | -0.08 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Goldenbridge Acquisition, which is listed under current asset account on Goldenbridge Acquisition Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Goldenbridge Acquisition customers. The amounts must be unrestricted with restricted cash listed in a different Goldenbridge Acquisition account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Goldenbridge Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Goldenbridge Acquisition 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 Goldenbridge Acquisition Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. Selling General Administrative is likely to drop to about 1 M in 2024. Enterprise Value Over EBITDA is likely to drop to -92.63 in 2024
| 2010 | 2021 | 2023 | 2024 (projected) | Interest Income | 3.2K | 20.1K | 23.1K | 12.8K | Net Interest Income | 3.2K | 20.1K | 23.1K | 12.8K |
Goldenbridge Acquisition fundamental ratios Correlations
Click cells to compare fundamentals
Goldenbridge Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Goldenbridge Acquisition's price analysis, check to measure Goldenbridge Acquisition'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 Goldenbridge Acquisition is operating at the current time. Most of Goldenbridge Acquisition's value examination focuses on studying past and present price action to predict the probability of Goldenbridge Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goldenbridge Acquisition's price. Additionally, you may evaluate how the addition of Goldenbridge Acquisition to your portfolios can decrease your overall portfolio volatility.