| GLDC Stock | | | CAD 0.22 0.01 4.76% |
Cassiar Gold financial indicator trend analysis is way more than just evaluating Cassiar Gold Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cassiar Gold Corp is a good investment. Please check the relationship between Cassiar Gold Depreciation And Amortization and its Cost Of Revenue accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Cassiar Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Depreciation And Amortization vs Cost Of Revenue
Depreciation And Amortization vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cassiar Gold Corp Depreciation And Amortization account and
Cost Of Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Cassiar Gold's Depreciation And Amortization and Cost Of Revenue is 0.8. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Cassiar Gold Corp, assuming nothing else is changed. The correlation between historical values of Cassiar Gold's Depreciation And Amortization and Cost Of 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 Depreciation And Amortization of Cassiar Gold Corp are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Depreciation And Amortization i.e., Cassiar Gold's Depreciation And Amortization and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.8 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Cost Of Revenue
Cost of Revenue is found on Cassiar Gold Corp income statement and represents the costs associated with goods and services Cassiar Gold provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Cassiar Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cassiar Gold Corp 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 Cassiar Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
At this time, Cassiar Gold's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 1,906 in 2024, despite the fact that
Enterprise Value Over EBITDA is likely to grow to
(17.11).
Cassiar Gold fundamental ratios Correlations
Click cells to compare fundamentals
Cassiar Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cassiar Gold fundamental ratios Accounts
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Additional Tools for Cassiar Stock Analysis
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measure Cassiar Gold'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 Cassiar Gold is operating at the current time. Most of Cassiar Gold's value examination focuses on studying past and present price action to
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