Golden Net Income vs Net Income From Continuing Ops Analysis
GODNU Stock | 11.49 0.23 1.96% |
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 Net Income and its Net Income From Continuing Ops 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 board of governors.
Net Income vs Net Income From Continuing Ops
Net Income vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Golden Star Acquisition Net Income account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Golden Star's Net Income and Net Income From Continuing Ops is 0.95. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Income From Continuing Ops 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 Net Income and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Golden Star Acquisition are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Net Income i.e., Golden Star's Net Income and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Golden Star Acquisition financial statement analysis. It represents the amount of money remaining after all of Golden Star Acquisition operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Net Income From Continuing Ops
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 board of governors. At this time, Golden Star's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 65.17 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 39.6 M in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 17.4K | 5.7K | 857.7K | 900.6K | Depreciation And Amortization | 236.6K | 228.5K | 236.7K | 257.3K |
Golden Star fundamental ratios Correlations
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Golden Star Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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