Goldenstone Current Ratio vs Interest Coverage Analysis

GDST Stock

USD 11.20 0.00 0.00%

Goldenstone Acquisition financial indicator trend analysis is much more than just examining Goldenstone Acquisition latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Goldenstone Acquisition is a good investment. Please check the relationship between Goldenstone Acquisition Current Ratio and its Interest Coverage accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldenstone Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Goldenstone Stock please use our How to Invest in Goldenstone Acquisition guide.

Current Ratio vs Interest Coverage

Current Ratio vs Interest Coverage Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goldenstone Acquisition Current Ratio account and Interest Coverage. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Goldenstone Acquisition's Current Ratio and Interest Coverage is 0.14. Overlapping area represents the amount of variation of Current Ratio that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of Goldenstone Acquisition, assuming nothing else is changed. The correlation between historical values of Goldenstone Acquisition's Current Ratio and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Ratio of Goldenstone Acquisition are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Current Ratio i.e., Goldenstone Acquisition's Current Ratio and Interest Coverage go up and down completely randomly.

Correlation Coefficient

0.14

Relationship Direction	Positive
Relationship Strength	Insignificant

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Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.

Interest Coverage

Most indicators from Goldenstone Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Goldenstone 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 Goldenstone Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Goldenstone Stock please use our How to Invest in Goldenstone Acquisition guide.At this time, Goldenstone Acquisition's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 38.48 in 2024, whereas Tax Provision is likely to drop slightly above 336.5 K in 2024.

	2010	2022	2023	2024 (projected)
Interest Income	2.2K	1.5M	2.9M	1.6M
Net Interest Income	2.2K	1.5M	2.9M	1.6M

Interest Income Net Interest Income

Goldenstone Acquisition fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Short Term Debt	Common Stock	Other Current Liab	Other Liab	Other Current Assets
Total Assets		0.69	0.68	1.0	0.84	0.39	-0.74	0.46	1.0	1.0	0.46	0.93	1.0	-0.74	0.92	0.98	1.0	0.69	0.65	1.0	-0.51	0.69	1.0	0.79	0.76	0.65
Short Long Term Debt Total	0.69		0.99	0.68	0.88	0.89	-0.96	-0.02	0.69	0.69	-0.02	0.73	0.71	-0.78	0.84	0.81	0.69	1.0	0.06	0.71	-0.93	1.0	0.71	0.83	0.87	0.26
Total Current Liabilities	0.68	0.99		0.67	0.93	0.93	-0.99	-0.15	0.68	0.68	-0.15	0.71	0.7	-0.86	0.85	0.8	0.67	0.99	-0.03	0.72	-0.97	0.99	0.72	0.89	0.91	0.38
Total Stockholder Equity	1.0	0.68	0.67		0.83	0.38	-0.73	0.47	1.0	1.0	0.47	0.93	1.0	-0.73	0.91	0.98	1.0	0.68	0.67	0.99	-0.49	0.68	0.99	0.78	0.75	0.65
Net Tangible Assets	0.84	0.88	0.93	0.83		0.81	-0.97	-0.07	0.84	0.84	-0.07	0.84	0.85	-0.97	0.92	0.9	0.84	0.88	0.14	0.88	-0.87	0.88	0.88	0.97	0.95	0.68
Net Debt	0.39	0.89	0.93	0.38	0.81		-0.91	-0.48	0.4	0.4	-0.48	0.45	0.42	-0.8	0.66	0.54	0.39	0.89	-0.39	0.45	-0.99	0.89	0.45	0.8	0.83	0.29
Retained Earnings	-0.74	-0.96	-0.99	-0.73	-0.97	-0.91		0.13	-0.75	-0.74	0.13	-0.75	-0.76	0.92	-0.9	-0.84	-0.74	-0.96	-0.02	-0.78	0.96	-0.96	-0.78	-0.94	-0.95	-0.49
Cash	0.46	-0.02	-0.15	0.47	-0.07	-0.48	0.13		0.45	0.45	1.0	0.4	0.44	0.25	0.18	0.37	0.46	-0.02	0.95	0.37	0.37	-0.02	0.37	-0.15	-0.14	-0.13
Non Current Assets Total	1.0	0.69	0.68	1.0	0.84	0.4	-0.75	0.45		1.0	0.45	0.93	1.0	-0.75	0.92	0.98	1.0	0.69	0.65	1.0	-0.52	0.69	1.0	0.8	0.77	0.65
Non Currrent Assets Other	1.0	0.69	0.68	1.0	0.84	0.4	-0.74	0.45	1.0		0.45	0.93	1.0	-0.75	0.92	0.98	1.0	0.69	0.65	1.0	-0.51	0.69	1.0	0.8	0.77	0.65
Cash And Short Term Investments	0.46	-0.02	-0.15	0.47	-0.07	-0.48	0.13	1.0	0.45	0.45		0.4	0.44	0.25	0.18	0.37	0.46	-0.02	0.95	0.37	0.37	-0.02	0.37	-0.15	-0.14	-0.13
Common Stock Shares Outstanding	0.93	0.73	0.71	0.93	0.84	0.45	-0.75	0.4	0.93	0.93	0.4		0.92	-0.72	0.8	0.95	0.93	0.73	0.58	0.92	-0.54	0.73	0.92	0.71	0.66	0.58
Non Current Liabilities Total	1.0	0.71	0.7	1.0	0.85	0.42	-0.76	0.44	1.0	1.0	0.44	0.92		-0.76	0.93	0.98	1.0	0.71	0.63	1.0	-0.54	0.71	1.0	0.81	0.79	0.64
Other Stockholder Equity	-0.74	-0.78	-0.86	-0.73	-0.97	-0.8	0.92	0.25	-0.75	-0.75	0.25	-0.72	-0.76		-0.86	-0.79	-0.74	-0.78	0.01	-0.8	0.84	-0.78	-0.8	-0.97	-0.93	-0.79
Total Liab	0.92	0.84	0.85	0.91	0.92	0.66	-0.9	0.18	0.92	0.92	0.18	0.8	0.93	-0.86		0.94	0.91	0.84	0.36	0.94	-0.75	0.84	0.94	0.94	0.95	0.59
Deferred Long Term Liab	0.98	0.81	0.8	0.98	0.9	0.54	-0.84	0.37	0.98	0.98	0.37	0.95	0.98	-0.79	0.94		0.98	0.81	0.55	0.98	-0.64	0.81	0.98	0.84	0.82	0.58
Net Invested Capital	1.0	0.69	0.67	1.0	0.84	0.39	-0.74	0.46	1.0	1.0	0.46	0.93	1.0	-0.74	0.91	0.98		0.69	0.66	0.99	-0.5	0.69	0.99	0.79	0.76	0.64
Short Long Term Debt	0.69	1.0	0.99	0.68	0.88	0.89	-0.96	-0.02	0.69	0.69	-0.02	0.73	0.71	-0.78	0.84	0.81	0.69		0.06	0.71	-0.93	1.0	0.71	0.83	0.87	0.26
Total Current Assets	0.65	0.06	-0.03	0.67	0.14	-0.39	-0.02	0.95	0.65	0.65	0.95	0.58	0.63	0.01	0.36	0.55	0.66	0.06		0.58	0.26	0.06	0.58	0.07	0.04	0.18
Capital Stock	1.0	0.71	0.72	0.99	0.88	0.45	-0.78	0.37	1.0	1.0	0.37	0.92	1.0	-0.8	0.94	0.98	0.99	0.71	0.58		-0.56	0.71	1.0	0.85	0.81	0.69
Net Working Capital	-0.51	-0.93	-0.97	-0.49	-0.87	-0.99	0.96	0.37	-0.52	-0.51	0.37	-0.54	-0.54	0.84	-0.75	-0.64	-0.5	-0.93	0.26	-0.56		-0.93	-0.56	-0.86	-0.89	-0.33
Short Term Debt	0.69	1.0	0.99	0.68	0.88	0.89	-0.96	-0.02	0.69	0.69	-0.02	0.73	0.71	-0.78	0.84	0.81	0.69	1.0	0.06	0.71	-0.93		0.71	0.83	0.87	0.26
Common Stock	1.0	0.71	0.72	0.99	0.88	0.45	-0.78	0.37	1.0	1.0	0.37	0.92	1.0	-0.8	0.94	0.98	0.99	0.71	0.58	1.0	-0.56	0.71		0.85	0.81	0.69
Other Current Liab	0.79	0.83	0.89	0.78	0.97	0.8	-0.94	-0.15	0.8	0.8	-0.15	0.71	0.81	-0.97	0.94	0.84	0.79	0.83	0.07	0.85	-0.86	0.83	0.85		0.99	0.71
Other Liab	0.76	0.87	0.91	0.75	0.95	0.83	-0.95	-0.14	0.77	0.77	-0.14	0.66	0.79	-0.93	0.95	0.82	0.76	0.87	0.04	0.81	-0.89	0.87	0.81	0.99		0.6
Other Current Assets	0.65	0.26	0.38	0.65	0.68	0.29	-0.49	-0.13	0.65	0.65	-0.13	0.58	0.64	-0.79	0.59	0.58	0.64	0.26	0.18	0.69	-0.33	0.26	0.69	0.71	0.6

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Goldenstone Current Ratio vs Interest Coverage Analysis

Current Ratio vs Interest Coverage

Current Ratio vs Interest Coverage Correlation Analysis

Correlation Coefficient

Current Ratio

Interest Coverage

Goldenstone Acquisition fundamental ratios Correlations

Goldenstone Acquisition Account Relationship Matchups

High Positive Relationship

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Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Currrent Assets Other	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Capital Stock	+ 1.0	Total Assets

Net Working Capital	- 0.99	Net Debt
Retained Earnings	- 0.99	Total Current Liabilities
Other Current Liab	- 0.97	Other Stockholder Equity
Other Stockholder Equity	- 0.97	Net Tangible Assets
Retained Earnings	- 0.97	Net Tangible Assets
Net Working Capital	- 0.97	Total Current Liabilities