Golden Property Plant And Equipment Net vs Net Receivables Analysis

GDP Stock  CAD 0.20  0.04  25.00%   
Golden Pursuit financial indicator trend analysis is much more than just examining Golden Pursuit Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Golden Pursuit Resources is a good investment. Please check the relationship between Golden Pursuit Property Plant And Equipment Net and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Pursuit Resources. 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.

Property Plant And Equipment Net vs Net Receivables

Property Plant And Equipment Net vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Golden Pursuit Resources Property Plant And Equipment Net account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Golden Pursuit's Property Plant And Equipment Net and Net Receivables is 0.47. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Golden Pursuit Resources, assuming nothing else is changed. The correlation between historical values of Golden Pursuit's Property Plant And Equipment Net and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Golden Pursuit Resources are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Property Plant And Equipment Net i.e., Golden Pursuit's Property Plant And Equipment Net and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Net Receivables

Most indicators from Golden Pursuit's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Golden Pursuit Resources 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 Pursuit Resources. 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 118.3 K in 2024. Issuance Of Capital Stock is likely to drop to about 556.1 K in 2024

Golden Pursuit fundamental ratios Correlations

0.580.380.190.25-0.780.690.440.530.820.360.910.790.680.640.780.30.180.680.680.710.680.770.75
0.580.9-0.6-0.57-0.80.820.00.390.810.880.360.740.580.680.72-0.51-0.610.830.830.690.830.760.76
0.380.9-0.81-0.76-0.720.76-0.060.490.751.00.120.690.490.640.67-0.75-0.810.730.730.690.730.650.67
0.19-0.6-0.810.990.3-0.350.38-0.25-0.3-0.820.44-0.26-0.13-0.23-0.250.980.98-0.37-0.37-0.26-0.37-0.21-0.24
0.25-0.57-0.760.990.22-0.280.45-0.22-0.23-0.770.48-0.18-0.04-0.13-0.160.970.96-0.32-0.32-0.17-0.32-0.13-0.15
-0.78-0.8-0.720.30.22-0.9-0.33-0.53-0.84-0.71-0.59-0.86-0.67-0.74-0.890.220.32-0.84-0.84-0.81-0.84-0.86-0.86
0.690.820.76-0.35-0.28-0.90.150.550.880.750.440.880.830.920.89-0.31-0.430.790.790.890.790.960.96
0.440.0-0.060.380.45-0.330.15-0.20.37-0.070.560.460.090.120.460.380.40.460.460.470.460.260.27
0.530.390.49-0.25-0.22-0.530.55-0.20.550.50.360.520.480.460.51-0.16-0.250.310.310.450.310.470.47
0.820.810.75-0.3-0.23-0.840.880.370.550.740.610.980.760.780.95-0.21-0.320.910.910.950.910.890.9
0.360.881.0-0.82-0.77-0.710.75-0.070.50.740.10.680.480.630.66-0.76-0.820.710.710.680.710.640.66
0.910.360.120.440.48-0.590.440.560.360.610.10.580.370.360.560.550.460.530.530.490.530.50.48
0.790.740.69-0.26-0.18-0.860.880.460.520.980.680.580.780.770.99-0.19-0.290.920.920.970.920.90.91
0.680.580.49-0.13-0.04-0.670.830.090.480.760.480.370.780.90.81-0.12-0.250.570.570.80.570.930.93
0.640.680.64-0.23-0.13-0.740.920.120.460.780.630.360.770.90.79-0.22-0.350.590.590.840.590.940.94
0.780.720.67-0.25-0.16-0.890.890.460.510.950.660.560.990.810.79-0.2-0.30.890.890.970.890.930.94
0.3-0.51-0.750.980.970.22-0.310.38-0.16-0.21-0.760.55-0.19-0.12-0.22-0.20.99-0.29-0.29-0.23-0.29-0.18-0.21
0.18-0.61-0.810.980.960.32-0.430.4-0.25-0.32-0.820.46-0.29-0.25-0.35-0.30.99-0.36-0.36-0.32-0.36-0.31-0.33
0.680.830.73-0.37-0.32-0.840.790.460.310.910.710.530.920.570.590.89-0.29-0.361.00.861.00.780.79
0.680.830.73-0.37-0.32-0.840.790.460.310.910.710.530.920.570.590.89-0.29-0.361.00.861.00.780.79
0.710.690.69-0.26-0.17-0.810.890.470.450.950.680.490.970.80.840.97-0.23-0.320.860.860.860.910.93
0.680.830.73-0.37-0.32-0.840.790.460.310.910.710.530.920.570.590.89-0.29-0.361.01.00.860.780.79
0.770.760.65-0.21-0.13-0.860.960.260.470.890.640.50.90.930.940.93-0.18-0.310.780.780.910.781.0
0.750.760.67-0.24-0.15-0.860.960.270.470.90.660.480.910.930.940.94-0.21-0.330.790.790.930.791.0
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Golden Pursuit Account Relationship Matchups

Golden Pursuit fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets167.2K339.0K190.2K204.0K234.6K159.6K
Other Current Liab77.5K237.2K29.8K177.3K203.9K214.1K
Total Current Liabilities68.9K97.2K348.8K459.7K528.7K555.1K
Total Stockholder Equity98.3K262.4K(158.6K)(255.7K)(230.1K)(218.6K)
Net Tangible Assets(493.9K)98.3K242.7K(158.6K)(182.4K)(173.3K)
Retained Earnings(19.1M)(19.8M)(20.9M)(21.7M)(19.5M)(20.5M)
Accounts Payable31.1K97.2K165.2K124.9K143.7K150.9K
Cash89.8K54.0K11.0K50.0K57.5K37.6K
Net Receivables14.1K7.3K62.2K38.5K44.3K27.9K
Other Stockholder Equity5.3M5.4M5.9M5.8M6.7M5.8M
Total Liab68.9K76.6K348.8K459.7K528.7K555.1K
Total Current Assets162.5K246.1K76.7K97.4K112.0K102.0K
Common Stock12.3M13.8M14.2M14.9M17.1M14.1M
Non Current Assets Total4.7K93.9K113.5K106.6K122.6K63.8K
Property Plant Equipment15.8K4.7K93.9K113.5K130.5K137.0K
Common Stock Shares Outstanding25.2M28.6M34.0M39.0M44.8M26.8M
Net Invested Capital98.3K262.4K(158.6K)(255.7K)(230.1K)(218.6K)
Net Working Capital93.6K168.5K(272.1K)(362.3K)(326.1K)(309.8K)
Capital Stock13.8M14.2M14.9M15.4M17.7M15.2M

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