Golden Capital Lease Obligations vs Current Deferred Revenue Analysis
| GDHG Stock | 1.65 0.06 3.77% |
Golden Heaven financial indicator trend analysis is much more than just examining Golden Heaven Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Golden Heaven Group is a good investment. Please check the relationship between Golden Heaven Capital Lease Obligations and its Current Deferred Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Heaven Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Capital Lease Obligations vs Current Deferred Revenue
Capital Lease Obligations vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Golden Heaven Group Capital Lease Obligations account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Golden Heaven's Capital Lease Obligations and Current Deferred Revenue is 0.57. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Golden Heaven Group, assuming nothing else is changed. The correlation between historical values of Golden Heaven's Capital Lease Obligations and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Golden Heaven Group are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Capital Lease Obligations i.e., Golden Heaven's Capital Lease Obligations and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.57 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Capital Lease Obligations
Golden Heaven Group capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Golden Heaven asset purchases. For example, Golden Heaven can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Golden Heaven control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Golden Heaven's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Golden Heaven Group 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 Golden Heaven Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At this time, Golden Heaven's Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The Golden Heaven's current Enterprise Value Multiple is estimated to increase to 1,361, while Selling General Administrative is projected to decrease to roughly 3.5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 36.2K | 68.5K | 78.8K | 55.2K | Tax Provision | 6.3M | 4.2M | 4.9M | 5.2M |
Golden Heaven fundamental ratios Correlations
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Golden Heaven Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether Golden Heaven Group is a strong investment it is important to analyze Golden Heaven's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Golden Heaven's future performance. For an informed investment choice regarding Golden Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Heaven Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Heaven. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Heaven listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.67) | Earnings Share 1.62 | Revenue Per Share 24.732 | Quarterly Revenue Growth (0.31) | Return On Assets 0.0292 |
The market value of Golden Heaven Group is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Heaven's value that differs from its market value or its book value, called intrinsic value, which is Golden Heaven's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Heaven's market value can be influenced by many factors that don't directly affect Golden Heaven's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Heaven's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Heaven is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Heaven's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.