Cassiar Total Other Income Expense Net vs Reconciled Depreciation Analysis

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 Total Other Income Expense Net and its Reconciled Depreciation 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.

Total Other Income Expense Net vs Reconciled Depreciation

Total Other Income Expense Net vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cassiar Gold Corp Total Other Income Expense Net account and Reconciled Depreciation. At this time, the significance of the direction appears to have weak relationship.
The correlation between Cassiar Gold's Total Other Income Expense Net and Reconciled Depreciation is 0.38. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Reconciled Depreciation 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 Total Other Income Expense Net and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Cassiar Gold Corp are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Total Other Income Expense Net i.e., Cassiar Gold's Total Other Income Expense Net and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Other Income Expense Net

Reconciled Depreciation

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).
 2021 2022 2023 2024 (projected)
Total Operating Expenses3.0M2.5M2.9M1.7M
Cost Of Revenue81.8K202.6K182.3K191.4K

Cassiar Gold fundamental ratios Correlations

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1.00.870.98-0.810.980.881.00.880.940.990.90.21-0.780.990.96-0.140.790.91-0.58-0.380.990.880.940.990.99
-0.81-0.43-0.83-0.81-0.83-0.98-0.77-0.98-0.9-0.84-0.98-0.70.76-0.8-0.80.12-0.57-0.60.460.37-0.86-0.46-0.82-0.82-0.86
0.980.841.00.98-0.830.90.970.90.970.970.910.21-0.760.960.91-0.140.770.89-0.57-0.40.980.860.880.960.97
0.880.550.90.88-0.980.90.851.00.950.91.00.61-0.770.870.86-0.10.640.7-0.48-0.380.920.570.870.880.92
1.00.890.971.0-0.770.970.850.850.930.990.870.15-0.770.990.96-0.150.790.93-0.58-0.380.990.910.930.980.99
0.880.550.90.88-0.980.91.00.850.950.91.00.61-0.770.870.86-0.10.640.7-0.48-0.380.920.570.870.880.92
0.950.710.980.94-0.90.970.950.930.950.960.960.41-0.770.930.91-0.160.70.81-0.48-0.350.970.730.890.940.96
0.990.830.970.99-0.840.970.90.990.90.960.910.27-0.770.980.98-0.120.750.9-0.54-0.390.990.840.950.980.99
0.90.580.920.9-0.980.911.00.871.00.960.910.58-0.770.890.87-0.10.650.72-0.49-0.380.930.60.880.90.93
0.21-0.30.240.21-0.70.210.610.150.610.410.270.58-0.420.230.28-0.15-0.03-0.05-0.11-0.10.3-0.280.360.250.31
-0.78-0.54-0.77-0.780.76-0.76-0.77-0.77-0.77-0.77-0.77-0.77-0.42-0.83-0.760.3-0.42-0.660.640.31-0.78-0.56-0.69-0.85-0.79
0.990.850.960.99-0.80.960.870.990.870.930.980.890.23-0.830.97-0.170.760.91-0.6-0.380.980.860.931.00.99
0.960.80.910.96-0.80.910.860.960.860.910.980.870.28-0.760.97-0.10.720.87-0.5-0.380.970.810.970.960.97
-0.14-0.05-0.15-0.140.12-0.14-0.1-0.15-0.1-0.16-0.12-0.1-0.150.3-0.17-0.10.05-0.090.39-0.05-0.15-0.07-0.13-0.18-0.15
0.790.750.750.79-0.570.770.640.790.640.70.750.65-0.03-0.420.760.720.050.66-0.21-0.020.780.790.690.770.77
0.910.940.890.91-0.60.890.70.930.70.810.90.72-0.05-0.660.910.87-0.090.66-0.69-0.560.880.920.810.880.88
-0.58-0.53-0.56-0.580.46-0.57-0.48-0.58-0.48-0.48-0.54-0.49-0.110.64-0.6-0.50.39-0.21-0.690.67-0.55-0.51-0.48-0.58-0.55
-0.38-0.36-0.37-0.380.37-0.4-0.38-0.38-0.38-0.35-0.39-0.38-0.10.31-0.38-0.38-0.05-0.02-0.560.67-0.39-0.32-0.37-0.34-0.38
1.00.820.980.99-0.860.980.920.990.920.970.990.930.3-0.780.980.97-0.150.780.88-0.55-0.390.830.950.981.0
0.881.00.840.88-0.460.860.570.910.570.730.840.6-0.28-0.560.860.81-0.070.790.92-0.51-0.320.830.750.850.82
0.940.740.880.94-0.820.880.870.930.870.890.950.880.36-0.690.930.97-0.130.690.81-0.48-0.370.950.750.920.96
0.990.830.960.99-0.820.960.880.980.880.940.980.90.25-0.851.00.96-0.180.770.88-0.58-0.340.980.850.920.99
0.990.810.970.99-0.860.970.920.990.920.960.990.930.31-0.790.990.97-0.150.770.88-0.55-0.381.00.820.960.99
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Cassiar Gold Account Relationship Matchups

Cassiar Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.0M22.1M38.3M46.3M53.2M55.9M
Other Current Liab5.1K118.0K102.4K2.5M2.8M3.0M
Total Current Liabilities767.5K755.0K2.7M2.5M2.9M3.1M
Total Stockholder Equity8.2M18.9M33.3M41.0M47.1M49.5M
Net Debt(1.9M)(3.5M)(8.4M)(4.4M)(4.0M)(3.8M)
Accounts Payable195.6K762.4K637.1K2.5M2.8M3.0M
Cash2.0M3.5M8.6M4.5M5.2M5.4M
Non Current Assets Total6.8M18.4M29.1M41.2M47.4M49.8M
Cash And Short Term Investments2.0M3.5M8.6M4.5M5.2M5.4M
Net Receivables105.0K145.1K408.3K295.5K339.8K356.8K
Liabilities And Stockholders Equity9.0M22.1M38.3M46.3M53.2M55.9M
Total Liab767.5K3.2M5.0M5.3M6.1M6.4M
Total Current Assets2.2M3.7M9.2M5.1M5.8M6.1M
Property Plant And Equipment Net6.8M18.0M28.7M410.6K472.2K448.6K
Retained Earnings(23.8M)(25.4M)(28.2M)(29.9M)(26.9M)(25.6M)
Common Stock Shares Outstanding27.5M54.1M68.7M87.7M100.9M105.9M
Other Current Assets110.5K74.2K193.4K282.7K325.1K341.4K
Other Stockholder Equity9.7M11.3M12.0M18.8M21.6M22.7M
Net Tangible Assets2.8M8.2M18.9M33.3M38.4M40.3M
Common Stock22.3M32.9M45.7M52.1M59.9M62.9M
Property Plant Equipment2.9M6.8M18.0M28.7M33.0M34.7M
Net Invested Capital3.0M8.2M18.9M33.3M38.4M40.3M
Net Working Capital(210.5K)1.4M2.9M6.5M7.5M7.9M
Capital Stock15.3M22.3M32.9M45.7M52.6M29.1M

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When running Cassiar Gold's price analysis, check to 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 predict the probability of Cassiar Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cassiar Gold's price. Additionally, you may evaluate how the addition of Cassiar Gold to your portfolios can decrease your overall portfolio volatility.