Goldenbridge Net Working Capital vs Common Stock Total Equity 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 Net Working Capital and its Common Stock Total Equity 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.

Net Working Capital vs Common Stock Total Equity

Net Working Capital vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goldenbridge Acquisition Net Working Capital account and Common Stock Total Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Goldenbridge Acquisition's Net Working Capital and Common Stock Total Equity is 0.44. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Common Stock Total Equity 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 Net Working Capital and Common Stock Total Equity 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 Working Capital of Goldenbridge Acquisition Limited are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Net Working Capital i.e., Goldenbridge Acquisition's Net Working Capital and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Net Working Capital

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
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 Income3.2K20.1K23.1K12.8K
Net Interest Income3.2K20.1K23.1K12.8K

Goldenbridge Acquisition fundamental ratios Correlations

1.01.00.691.00.01-0.780.610.61-0.47-0.561.00.991.00.990.61.0-0.351.01.00.610.60.560.56
1.01.00.681.0-0.01-0.770.620.62-0.44-0.541.00.991.01.00.611.0-0.341.01.00.60.60.550.55
1.01.00.691.00.0-0.780.610.61-0.44-0.541.00.991.01.00.61.0-0.351.01.00.60.60.560.56
0.690.680.690.690.71-0.98-0.12-0.12-0.8-0.270.70.750.670.63-0.130.68-0.630.680.70.860.860.790.79
1.01.01.00.690.0-0.780.620.62-0.47-0.561.00.991.00.990.611.0-0.351.01.00.60.60.560.56
0.01-0.010.00.710.0-0.62-0.78-0.78-0.560.230.020.11-0.02-0.05-0.790.0-0.55-0.010.030.610.610.560.56
-0.78-0.77-0.78-0.98-0.78-0.620.00.00.680.28-0.79-0.84-0.77-0.740.01-0.780.62-0.77-0.79-0.78-0.79-0.71-0.71
0.610.620.61-0.120.62-0.780.01.00.08-0.570.60.520.620.641.00.610.210.620.59-0.09-0.09-0.08-0.08
0.610.620.61-0.120.62-0.780.01.00.08-0.570.60.520.620.641.00.610.210.620.59-0.09-0.09-0.08-0.08
-0.47-0.44-0.44-0.8-0.47-0.560.680.080.080.43-0.47-0.48-0.43-0.360.09-0.430.44-0.44-0.44-0.82-0.83-0.8-0.8
-0.56-0.54-0.54-0.27-0.560.230.28-0.57-0.570.43-0.55-0.5-0.54-0.51-0.57-0.550.55-0.54-0.52-0.28-0.28-0.27-0.27
1.01.01.00.71.00.02-0.790.60.6-0.47-0.550.991.00.990.591.0-0.361.01.00.610.610.570.57
0.990.990.990.750.990.11-0.840.520.52-0.48-0.50.990.990.990.510.99-0.410.991.00.660.660.610.61
1.01.01.00.671.0-0.02-0.770.620.62-0.43-0.541.00.991.00.611.0-0.341.01.00.590.590.540.54
0.991.01.00.630.99-0.05-0.740.640.64-0.36-0.510.990.991.00.631.0-0.321.01.00.560.560.520.52
0.60.610.6-0.130.61-0.790.011.01.00.09-0.570.590.510.610.630.60.220.610.58-0.1-0.11-0.09-0.09
1.01.01.00.681.00.0-0.780.610.61-0.43-0.551.00.991.01.00.6-0.381.01.00.60.590.550.55
-0.35-0.34-0.35-0.63-0.35-0.550.620.210.210.440.55-0.36-0.41-0.34-0.320.22-0.38-0.34-0.36-0.51-0.51-0.46-0.46
1.01.01.00.681.0-0.01-0.770.620.62-0.44-0.541.00.991.01.00.611.0-0.341.00.60.60.550.55
1.01.01.00.71.00.03-0.790.590.59-0.44-0.521.01.01.01.00.581.0-0.361.00.610.610.570.57
0.610.60.60.860.60.61-0.78-0.09-0.09-0.82-0.280.610.660.590.56-0.10.6-0.510.60.611.00.990.99
0.60.60.60.860.60.61-0.79-0.09-0.09-0.83-0.280.610.660.590.56-0.110.59-0.510.60.611.00.990.99
0.560.550.560.790.560.56-0.71-0.08-0.08-0.8-0.270.570.610.540.52-0.090.55-0.460.550.570.990.991.0
0.560.550.560.790.560.56-0.71-0.08-0.08-0.8-0.270.570.610.540.52-0.090.55-0.460.550.570.990.991.0
Click cells to compare fundamentals

Goldenbridge Acquisition Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Goldenbridge Stock Analysis

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.