| 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 Revenue and its Non Current Assets Total 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 Revenue vs Non Current Assets Total
Total Revenue vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cassiar Gold Corp Total Revenue account and
Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cassiar Gold's Total Revenue and Non Current Assets Total is -0.31. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Non Current Assets Total 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 Revenue and Non Current Assets Total 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 Revenue of Cassiar Gold Corp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Revenue i.e., Cassiar Gold's Total Revenue and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.31 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Revenue
Total revenue comprises all receipts Cassiar Gold Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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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