Golden Short Long Term Debt vs Net Tangible Assets Analysis

GODN Stock

11.22 0.02 0.18%

Golden Star financial indicator trend analysis is much more than just examining Golden Star Acquisition latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Golden Star Acquisition is a good investment. Please check the relationship between Golden Star Short Long Term Debt and its Net Tangible Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Star 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 unemployment.

Short Long Term Debt vs Net Tangible Assets

Short Long Term Debt vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Golden Star Acquisition Short Long Term Debt account and Net Tangible Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between Golden Star's Short Long Term Debt and Net Tangible Assets is -0.95. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Golden Star Acquisition, assuming nothing else is changed. The correlation between historical values of Golden Star's Short Long Term Debt and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Golden Star Acquisition are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Short Long Term Debt i.e., Golden Star's Short Long Term Debt and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.95

Relationship Direction	Negative
Relationship Strength	Significant

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Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Most indicators from Golden Star's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Golden Star 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 Golden Star 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 unemployment.

At this time, Golden Star's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 13th of December 2024, Enterprise Value Multiple is likely to grow to 65.17, while Issuance Of Capital Stock is likely to drop about 57.7 M.

	2010	2022	2023	2024 (projected)
Other Operating Expenses	17.4K	5.7K	857.7K	900.6K
Depreciation And Amortization	236.6K	228.5K	2.4M	2.5M

Other Operating Expenses Depreciation And Amortization

Golden Star fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Short Term Debt	Common Stock	Net Receivables	Inventory
Total Assets		0.72	1.0	0.89	1.0	-0.8	0.72	-1.0	0.75	1.0	1.0	-0.71	0.75	-0.74	-0.29	-1.0	1.0	1.0	0.72	-0.84	1.0	-1.0	0.72	1.0	-0.95	-0.95
Short Long Term Debt Total	0.72		0.69	0.95	0.72	-0.95	1.0	-0.74	1.0	0.72	0.72	-0.94	1.0	-0.92	-0.8	-0.74	0.75	0.72	1.0	-0.27	0.72	-0.74	1.0	0.72	-0.59	-0.59
Other Current Liab	1.0	0.69		0.87	1.0	-0.77	0.69	-1.0	0.71	1.0	1.0	-0.67	0.71	-0.7	-0.24	-1.0	1.0	1.0	0.69	-0.86	1.0	-1.0	0.69	1.0	-0.95	-0.95
Total Current Liabilities	0.89	0.95	0.87		0.89	-0.92	0.94	-0.91	0.96	0.89	0.89	-0.85	0.96	-0.85	-0.58	-0.91	0.9	0.89	0.95	-0.57	0.89	-0.91	0.95	0.89	-0.75	-0.75
Total Stockholder Equity	1.0	0.72	1.0	0.89		-0.8	0.72	-1.0	0.75	1.0	1.0	-0.71	0.75	-0.74	-0.29	-1.0	1.0	1.0	0.72	-0.84	1.0	-1.0	0.72	1.0	-0.95	-0.95
Net Tangible Assets	-0.8	-0.95	-0.77	-0.92	-0.8		-0.95	0.8	-0.96	-0.8	-0.8	0.99	-0.96	0.99	0.81	0.8	-0.82	-0.8	-0.95	0.34	-0.8	0.8	-0.95	-0.8	0.75	0.75
Net Debt	0.72	1.0	0.69	0.94	0.72	-0.95		-0.74	1.0	0.72	0.72	-0.94	1.0	-0.92	-0.81	-0.74	0.75	0.72	1.0	-0.27	0.72	-0.74	1.0	0.72	-0.59	-0.59
Retained Earnings	-1.0	-0.74	-1.0	-0.91	-1.0	0.8	-0.74		-0.76	-1.0	-1.0	0.71	-0.76	0.73	0.29	1.0	-1.0	-1.0	-0.74	0.84	-1.0	1.0	-0.74	-1.0	0.93	0.93
Cash	0.75	1.0	0.71	0.96	0.75	-0.96	1.0	-0.76		0.75	0.75	-0.93	1.0	-0.92	-0.78	-0.76	0.77	0.75	1.0	-0.3	0.75	-0.77	1.0	0.75	-0.61	-0.61
Non Current Assets Total	1.0	0.72	1.0	0.89	1.0	-0.8	0.72	-1.0	0.75		1.0	-0.71	0.75	-0.74	-0.29	-1.0	1.0	1.0	0.72	-0.84	1.0	-1.0	0.72	1.0	-0.95	-0.95
Non Currrent Assets Other	1.0	0.72	1.0	0.89	1.0	-0.8	0.72	-1.0	0.75	1.0		-0.71	0.75	-0.74	-0.29	-1.0	1.0	1.0	0.72	-0.84	1.0	-1.0	0.72	1.0	-0.95	-0.95
Other Assets	-0.71	-0.94	-0.67	-0.85	-0.71	0.99	-0.94	0.71	-0.93	-0.71	-0.71		-0.93	1.0	0.88	0.71	-0.74	-0.71	-0.94	0.21	-0.71	0.71	-0.94	-0.71	0.69	0.69
Cash And Short Term Investments	0.75	1.0	0.71	0.96	0.75	-0.96	1.0	-0.76	1.0	0.75	0.75	-0.93		-0.92	-0.78	-0.76	0.77	0.75	1.0	-0.3	0.75	-0.77	1.0	0.75	-0.61	-0.61
Common Stock Shares Outstanding	-0.74	-0.92	-0.7	-0.85	-0.74	0.99	-0.92	0.73	-0.92	-0.74	-0.74	1.0	-0.92		0.85	0.73	-0.77	-0.74	-0.92	0.25	-0.74	0.74	-0.92	-0.74	0.73	0.73
Other Current Assets	-0.29	-0.8	-0.24	-0.58	-0.29	0.81	-0.81	0.29	-0.78	-0.29	-0.29	0.88	-0.78	0.85		0.29	-0.33	-0.29	-0.8	-0.28	-0.29	0.3	-0.8	-0.29	0.27	0.27
Other Stockholder Equity	-1.0	-0.74	-1.0	-0.91	-1.0	0.8	-0.74	1.0	-0.76	-1.0	-1.0	0.71	-0.76	0.73	0.29		-1.0	-1.0	-0.74	0.84	-1.0	1.0	-0.74	-1.0	0.93	0.93
Total Liab	1.0	0.75	1.0	0.9	1.0	-0.82	0.75	-1.0	0.77	1.0	1.0	-0.74	0.77	-0.77	-0.33	-1.0		1.0	0.75	-0.81	1.0	-1.0	0.75	1.0	-0.95	-0.95
Net Invested Capital	1.0	0.72	1.0	0.89	1.0	-0.8	0.72	-1.0	0.75	1.0	1.0	-0.71	0.75	-0.74	-0.29	-1.0	1.0		0.72	-0.84	1.0	-1.0	0.72	1.0	-0.95	-0.95
Short Long Term Debt	0.72	1.0	0.69	0.95	0.72	-0.95	1.0	-0.74	1.0	0.72	0.72	-0.94	1.0	-0.92	-0.8	-0.74	0.75	0.72		-0.27	0.72	-0.74	1.0	0.72	-0.59	-0.59
Total Current Assets	-0.84	-0.27	-0.86	-0.57	-0.84	0.34	-0.27	0.84	-0.3	-0.84	-0.84	0.21	-0.3	0.25	-0.28	0.84	-0.81	-0.84	-0.27		-0.84	0.83	-0.27	-0.84	0.79	0.79
Capital Stock	1.0	0.72	1.0	0.89	1.0	-0.8	0.72	-1.0	0.75	1.0	1.0	-0.71	0.75	-0.74	-0.29	-1.0	1.0	1.0	0.72	-0.84		-1.0	0.72	1.0	-0.95	-0.95
Net Working Capital	-1.0	-0.74	-1.0	-0.91	-1.0	0.8	-0.74	1.0	-0.77	-1.0	-1.0	0.71	-0.77	0.74	0.3	1.0	-1.0	-1.0	-0.74	0.83	-1.0		-0.74	-1.0	0.93	0.93
Short Term Debt	0.72	1.0	0.69	0.95	0.72	-0.95	1.0	-0.74	1.0	0.72	0.72	-0.94	1.0	-0.92	-0.8	-0.74	0.75	0.72	1.0	-0.27	0.72	-0.74		0.72	-0.59	-0.59
Common Stock	1.0	0.72	1.0	0.89	1.0	-0.8	0.72	-1.0	0.75	1.0	1.0	-0.71	0.75	-0.74	-0.29	-1.0	1.0	1.0	0.72	-0.84	1.0	-1.0	0.72		-0.95	-0.95
Net Receivables	-0.95	-0.59	-0.95	-0.75	-0.95	0.75	-0.59	0.93	-0.61	-0.95	-0.95	0.69	-0.61	0.73	0.27	0.93	-0.95	-0.95	-0.59	0.79	-0.95	0.93	-0.59	-0.95		1.0
Inventory	-0.95	-0.59	-0.95	-0.75	-0.95	0.75	-0.59	0.93	-0.61	-0.95	-0.95	0.69	-0.61	0.73	0.27	0.93	-0.95	-0.95	-0.59	0.79	-0.95	0.93	-0.59	-0.95	1.0

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Golden Star Account Relationship Matchups

Pair Trading with Golden Star

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Golden Star position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Golden Star will appreciate offsetting losses from the drop in the long position's value.

Moving together with Golden Stock

0.71	V	Visa Class A	Pair Corr
0.85	MA	Mastercard	Pair Corr
0.87	MS	Morgan Stanley Fiscal Year End 21st of January 2025	Pair Corr

Moving against Golden Stock

0.8	FCFS	FirstCash	Pair Corr
0.71	WU	Western Union	Pair Corr
0.44	PT	Pintec Technology	Pair Corr

The ability to find closely correlated positions to Golden Star could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Golden Star when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Golden Star - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Golden Star Acquisition to buy it.

The correlation of Golden Star is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Golden Star moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Golden Star Acquisition moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Golden Star can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Golden Star Acquisition is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Golden Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Golden Star Acquisition Stock. Highlighted below are key reports to facilitate an investment decision about Golden Star Acquisition Stock:

How To Invest In Golden

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Is Golden Stock a good investment?

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What is Golden Star's Net Worth?

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Largest Asset Management & Custody Banks Companies

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Largest Financial Services Companies

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Star 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 unemployment.

You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Star. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Star listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.062

Earnings Share

(1.16)

Return On Assets

(0.02)

The market value of Golden Star Acquisition is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Star's value that differs from its market value or its book value, called intrinsic value, which is Golden Star's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Star's market value can be influenced by many factors that don't directly affect Golden Star's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Golden Star's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Star is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Star's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Golden Short Long Term Debt vs Net Tangible Assets Analysis

Short Long Term Debt vs Net Tangible Assets

Short Long Term Debt vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Short Long Term Debt

Net Tangible Assets

Golden Star fundamental ratios Correlations

Golden Star Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with Golden Star

Moving together with Golden Stock

Moving against Golden Stock

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MAIN CATEGORIES

COMPANY

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

Common Stock	- 1.0	Net Working Capital
Net Working Capital	- 1.0	Capital Stock
Net Working Capital	- 1.0	Net Invested Capital
Net Working Capital	- 1.0	Total Liab
Common Stock	- 1.0	Other Stockholder Equity
Capital Stock	- 1.0	Other Stockholder Equity