Golden Tangible Book Value Per Share vs Income Quality Analysis

Stocks USA . 
Stock . Golden Star Acquisition
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 Tangible Book Value Per Share and its Income Quality 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.

Tangible Book Value Per Share vs Income Quality

Tangible Book Value Per Share vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Golden Star Acquisition Tangible Book Value Per Share account and Income Quality. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Golden Star's Tangible Book Value Per Share and Income Quality is -0.53. Overlapping area represents the amount of variation of Tangible Book Value Per Share that can explain the historical movement of Income Quality 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 Tangible Book Value Per Share and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tangible Book Value Per Share of Golden Star Acquisition are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Tangible Book Value Per Share i.e., Golden Star's Tangible Book Value Per Share and Income Quality go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Tangible Book Value Per Share

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.
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 Expenses17.4K5.7K857.7K900.6K
Depreciation And Amortization236.6K228.5K2.4M2.5M

Golden Star fundamental ratios Correlations

Total Assets
Short Long Term Debt Total
Other Current Liab
Total Current Liabilities
Total Stockholder Equity
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
0.721.00.891.00.72-1.00.751.01.0-0.710.75-0.74-0.29-0.951.01.00.72-0.841.0-1.00.721.0-0.95-0.95
Short Long Term Debt Total
0.720.690.950.721.0-0.741.00.720.72-0.941.0-0.92-0.8-0.590.750.721.0-0.270.72-0.741.00.72-0.59-0.59
Other Current Liab
1.00.690.871.00.69-1.00.711.01.0-0.670.71-0.7-0.24-0.951.01.00.69-0.861.0-1.00.691.0-0.95-0.95
Total Current Liabilities
0.890.950.870.890.94-0.910.960.890.89-0.850.96-0.85-0.58-0.750.90.890.95-0.570.89-0.910.950.89-0.75-0.75
Total Stockholder Equity
1.00.721.00.890.72-1.00.751.01.0-0.710.75-0.74-0.29-0.951.01.00.72-0.841.0-1.00.721.0-0.95-0.95
Net Debt
0.721.00.690.940.72-0.741.00.720.72-0.941.0-0.92-0.81-0.590.750.721.0-0.270.72-0.741.00.72-0.59-0.59
Retained Earnings
-1.0-0.74-1.0-0.91-1.0-0.74-0.76-1.0-1.00.71-0.760.730.290.93-1.0-1.0-0.740.84-1.01.0-0.74-1.00.930.93
Cash
0.751.00.710.960.751.0-0.760.750.75-0.931.0-0.92-0.78-0.610.770.751.0-0.30.75-0.771.00.75-0.61-0.61
Non Current Assets Total
1.00.721.00.891.00.72-1.00.751.0-0.710.75-0.74-0.29-0.951.01.00.72-0.841.0-1.00.721.0-0.95-0.95
Non Currrent Assets Other
1.00.721.00.891.00.72-1.00.751.0-0.710.75-0.74-0.29-0.951.01.00.72-0.841.0-1.00.721.0-0.95-0.95
Other Assets
-0.71-0.94-0.67-0.85-0.71-0.940.71-0.93-0.71-0.71-0.931.00.880.69-0.74-0.71-0.940.21-0.710.71-0.94-0.710.690.69
Cash And Short Term Investments
0.751.00.710.960.751.0-0.761.00.750.75-0.93-0.92-0.78-0.610.770.751.0-0.30.75-0.771.00.75-0.61-0.61
Common Stock Shares Outstanding
-0.74-0.92-0.7-0.85-0.74-0.920.73-0.92-0.74-0.741.0-0.920.850.73-0.77-0.74-0.920.25-0.740.74-0.92-0.740.730.73
Other Current Assets
-0.29-0.8-0.24-0.58-0.29-0.810.29-0.78-0.29-0.290.88-0.780.850.27-0.33-0.29-0.8-0.28-0.290.3-0.8-0.290.270.27
Other Stockholder Equity
-0.95-0.59-0.95-0.75-0.95-0.590.93-0.61-0.95-0.950.69-0.610.730.27-0.95-0.95-0.590.79-0.950.93-0.59-0.951.01.0
Total Liab
1.00.751.00.91.00.75-1.00.771.01.0-0.740.77-0.77-0.33-0.951.00.75-0.811.0-1.00.751.0-0.95-0.95
Net Invested Capital
1.00.721.00.891.00.72-1.00.751.01.0-0.710.75-0.74-0.29-0.951.00.72-0.841.0-1.00.721.0-0.95-0.95
Short Long Term Debt
0.721.00.690.950.721.0-0.741.00.720.72-0.941.0-0.92-0.8-0.590.750.72-0.270.72-0.741.00.72-0.59-0.59
Total Current Assets
-0.84-0.27-0.86-0.57-0.84-0.270.84-0.3-0.84-0.840.21-0.30.25-0.280.79-0.81-0.84-0.27-0.840.83-0.27-0.840.790.79
Capital Stock
1.00.721.00.891.00.72-1.00.751.01.0-0.710.75-0.74-0.29-0.951.01.00.72-0.84-1.00.721.0-0.95-0.95
Net Working Capital
-1.0-0.74-1.0-0.91-1.0-0.741.0-0.77-1.0-1.00.71-0.770.740.30.93-1.0-1.0-0.740.83-1.0-0.74-1.00.930.93
Short Term Debt
0.721.00.690.950.721.0-0.741.00.720.72-0.941.0-0.92-0.8-0.590.750.721.0-0.270.72-0.740.72-0.59-0.59
Common Stock
1.00.721.00.891.00.72-1.00.751.01.0-0.710.75-0.74-0.29-0.951.01.00.72-0.841.0-1.00.72-0.95-0.95
Net Receivables
-0.95-0.59-0.95-0.75-0.95-0.590.93-0.61-0.95-0.950.69-0.610.730.271.0-0.95-0.95-0.590.79-0.950.93-0.59-0.951.0
Inventory
-0.95-0.59-0.95-0.75-0.95-0.590.93-0.61-0.95-0.950.69-0.610.730.271.0-0.95-0.95-0.590.79-0.950.93-0.59-0.951.0
Click cells to compare fundamentals

Golden Star Account Relationship Matchups

High Positive Relationship

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

High Negative Relationship

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
Net Working Capital
- 1.0
Non Currrent Assets Other
Net Working Capital
- 1.0
Non Current Assets Total

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