GO2 Total Liab vs Non Currrent Assets Other Analysis

GO2 Stock   0.67  0.00  0.00%   
GO2 People financial indicator trend analysis is much more than just examining GO2 People latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GO2 People is a good investment. Please check the relationship between GO2 People Total Liab and its Non Currrent Assets Other accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GO2 People. 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.

Total Liab vs Non Currrent Assets Other

Total Liab vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GO2 People Total Liab account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between GO2 People's Total Liab and Non Currrent Assets Other is -0.24. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of GO2 People, assuming nothing else is changed. The correlation between historical values of GO2 People's Total Liab and Non Currrent Assets Other 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 Liab of GO2 People are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Liab i.e., GO2 People's Total Liab and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from GO2 People's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GO2 People 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 GO2 People. 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 863.2 K in 2024. Issuance Of Capital Stock is likely to drop to about 229 K in 2024
 2020 2021 2023 2024 (projected)
Gross Profit4.4M20.6M23.7M24.9M
Total Revenue29.7M73.7M84.8M43.6M

GO2 People fundamental ratios Correlations

0.060.270.70.240.510.370.210.34-0.080.56-0.350.410.580.820.69-0.2-0.350.660.31-0.430.720.20.72-0.02-0.35
0.060.95-0.65-0.85-0.79-0.78-0.65-0.640.480.050.290.9-0.66-0.49-0.570.780.850.080.10.790.69-0.350.610.320.85
0.270.95-0.49-0.72-0.67-0.69-0.66-0.530.530.090.140.98-0.46-0.3-0.340.750.760.340.20.680.82-0.260.730.420.76
0.7-0.65-0.490.770.970.870.710.73-0.40.37-0.45-0.370.880.970.89-0.75-0.880.350.09-0.870.020.410.07-0.37-0.87
0.24-0.85-0.720.770.820.750.470.76-0.280.04-0.32-0.670.910.690.85-0.72-0.920.28-0.26-0.91-0.420.39-0.39-0.06-0.92
0.51-0.79-0.670.970.820.930.810.76-0.440.25-0.46-0.570.850.90.82-0.85-0.920.180.01-0.88-0.210.4-0.16-0.49-0.91
0.37-0.78-0.690.870.750.930.910.86-0.250.17-0.51-0.620.740.810.69-0.85-0.810.00.03-0.74-0.350.64-0.29-0.64-0.81
0.21-0.65-0.660.710.470.810.910.67-0.320.08-0.43-0.610.460.620.39-0.83-0.62-0.30.0-0.5-0.390.49-0.34-0.89-0.61
0.34-0.64-0.530.730.760.760.860.67-0.010.17-0.48-0.490.750.730.7-0.73-0.710.13-0.13-0.65-0.290.73-0.26-0.38-0.7
-0.080.480.53-0.4-0.28-0.44-0.25-0.32-0.01-0.22-0.340.41-0.16-0.22-0.170.470.520.150.030.520.120.170.070.180.52
0.560.050.090.370.040.250.170.080.17-0.22-0.250.270.150.410.25-0.16-0.140.080.33-0.280.460.040.650.07-0.13
-0.350.290.14-0.45-0.32-0.46-0.51-0.43-0.48-0.34-0.250.09-0.48-0.53-0.450.40.25-0.13-0.150.240.04-0.16-0.040.310.24
0.410.90.98-0.37-0.67-0.57-0.62-0.61-0.490.410.270.09-0.39-0.18-0.250.680.690.380.290.580.9-0.240.850.420.68
0.58-0.66-0.460.880.910.850.740.460.75-0.160.15-0.48-0.390.880.99-0.61-0.880.57-0.05-0.89-0.070.36-0.07-0.06-0.88
0.82-0.49-0.30.970.690.90.810.620.73-0.220.41-0.53-0.180.880.91-0.64-0.770.480.15-0.790.190.430.22-0.31-0.77
0.69-0.57-0.340.890.850.820.690.390.7-0.170.25-0.45-0.250.990.91-0.54-0.840.650.01-0.870.080.330.090.01-0.84
-0.20.780.75-0.75-0.72-0.85-0.85-0.83-0.730.47-0.160.40.68-0.61-0.64-0.540.770.240.370.680.42-0.360.380.610.76
-0.350.850.76-0.88-0.92-0.92-0.81-0.62-0.710.52-0.140.250.69-0.88-0.77-0.840.77-0.240.120.980.34-0.30.30.241.0
0.660.080.340.350.280.180.0-0.30.130.150.08-0.130.380.570.480.650.24-0.240.31-0.350.550.030.480.53-0.25
0.310.10.20.09-0.260.010.030.0-0.130.030.33-0.150.29-0.050.150.010.370.120.310.020.340.140.450.030.11
-0.430.790.68-0.87-0.91-0.88-0.74-0.5-0.650.52-0.280.240.58-0.89-0.79-0.870.680.98-0.350.020.21-0.260.140.080.98
0.720.690.820.02-0.42-0.21-0.35-0.39-0.290.120.460.040.9-0.070.190.080.420.340.550.340.21-0.170.960.320.33
0.2-0.35-0.260.410.390.40.640.490.730.170.04-0.16-0.240.360.430.33-0.36-0.30.030.14-0.26-0.17-0.14-0.32-0.3
0.720.610.730.07-0.39-0.16-0.29-0.34-0.260.070.65-0.040.85-0.070.220.090.380.30.480.450.140.96-0.140.320.29
-0.020.320.42-0.37-0.06-0.49-0.64-0.89-0.380.180.070.310.42-0.06-0.310.010.610.240.530.030.080.32-0.320.320.23
-0.350.850.76-0.87-0.92-0.91-0.81-0.61-0.70.52-0.130.240.68-0.88-0.77-0.840.761.0-0.250.110.980.33-0.30.290.23
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GO2 People Account Relationship Matchups

GO2 People fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.4M12.4M7.6M30.4M29.7M0.0
Other Current Liab3.6M13.5M20.6M12.8M14.7M7.7M
Total Current Liabilities7.6M18.3M24.4M13.0M15.0M12.8M
Total Stockholder Equity(136.4K)4.3M86K(13.0M)(11.7M)(11.1M)
Net Tangible Assets802.4K(617.9K)(7.6M)(11.8M)(10.6M)(10.1M)
Retained Earnings(18.0M)(18.6M)(24.5M)(38.0M)(34.2M)(32.5M)
Accounts Payable555.7K695K369.1K253.5K228.2K216.8K
Cash938.8K1.3M1.2M2.5M2.3M2.2M
Net Receivables9.0M4.5M8.3M10.0M11.6M8.8M
Short Term Investments156.9K156.8K5.1M19K21.9K20.8K
Other Current Assets156.9K670.0K237K346K397.9K273.1K
Total Liab7.7M26.1M29.6M13.0M15.0M14.4M
Short Long Term Debt3.1M3.1M2.6M26.8K24.1K22.9K
Total Current Assets15.8M10.8M6.4M15.0M12.9M0.0
Short Term Debt3.5M4.2M3.4M26.8K24.1K22.9K
Common Stock16.2M23.4M24.6M24.9M28.7M16.9M
Property Plant Equipment990.4K569.3K3.2M4.7M5.5M5.7M
Short Long Term Debt Total3.6M5.1M6.2M26.8K24.1K22.9K
Cash And Short Term Investments938.8K1.4M6.4M2.5M2.3M2.7M
Long Term Debt Total288.4K89.1K939K2.8M3.2M3.4M
Non Current Assets Total1.7M1.7M1.2M15.4M16.8M0.0
Non Currrent Assets Other(1.3M)48.5K54K56K50.4K47.9K
Non Current Liabilities Total89.1K7.7M5.2M1.1K1.2K1.2K
Property Plant And Equipment Net990.4K569.3K3.2M4.7M5.5M5.7M
Net Debt2.3M3.8M3.7M26.8K30.8K29.3K
Common Stock Shares Outstanding2.7M3.6M8.3M8.5M9.8M10.3M
Liabilities And Stockholders Equity7.6M30.4M29.7M(1.1K)(953.1)(905.44)
Inventory292.3K230.4K1.0346K311.4K327.0K
Net Invested Capital3.0M7.9M2.7M(13.0M)(11.7M)(11.1M)
Property Plant And Equipment Gross990.4K569.3K4.5M10.0M11.5M12.1M
Net Working Capital(1.3M)(2.8M)(11.5M)(13.0M)(11.7M)(11.1M)
Intangible Assets70.5K481.5K206K4.6M5.3M5.5M
Other Assets1.2M48.5K54K56K50.4K47.9K

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