Gold Ebitda vs Net Income Analysis
GORO Stock | USD 0.17 0.02 13.33% |
Gold Resource financial indicator trend analysis is much more than just examining Gold Resource latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gold Resource is a good investment. Please check the relationship between Gold Resource Ebitda and its Net Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gold Resource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Gold Stock, please use our How to Invest in Gold Resource guide.
Ebitda vs Net Income
Ebitda vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gold Resource Ebitda account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gold Resource's Ebitda and Net Income is 0.71. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Net Income in the same time period over historical financial statements of Gold Resource, assuming nothing else is changed. The correlation between historical values of Gold Resource's Ebitda and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Gold Resource are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Ebitda i.e., Gold Resource's Ebitda and Net Income go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Ebitda
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Gold Resource financial statement analysis. It represents the amount of money remaining after all of Gold Resource operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Gold Resource's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gold Resource 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 Gold Resource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Gold Stock, please use our How to Invest in Gold Resource guide.At this time, Gold Resource's Selling General Administrative is very stable compared to the past year. As of the 28th of November 2024, Enterprise Value Over EBITDA is likely to grow to 14.68, though Tax Provision is likely to grow to (4.8 M).
2023 | 2024 (projected) | Discontinued Operations | 9.6M | 8.6M | Interest Income | 394.2K | 374.5K |
Gold Resource fundamental ratios Correlations
Click cells to compare fundamentals
Gold Resource Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gold Resource fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 193.0M | 105.7M | 215.8M | 204.2M | 183.9M | 107.8M | |
Short Long Term Debt Total | 10.0M | 13K | 42.6M | 43.5M | 44.9M | 47.2M | |
Other Current Liab | 4.9M | 2.3M | 6.6M | 7.4M | 1.7M | 1.7M | |
Total Current Liabilities | 28.0M | 12.1M | 29.7M | 24.7M | 11.3M | 13.5M | |
Total Stockholder Equity | 158.1M | 90.5M | 120.8M | 111.8M | 96.7M | 80.4M | |
Net Debt | (1.1M) | (25.4M) | 8.8M | 19.8M | (6.3M) | (6.6M) | |
Retained Earnings | 16.9M | 12.7M | 17.6M | 7.7M | (8.3M) | (8.7M) | |
Accounts Payable | 14.5M | 8.8M | 13.3M | 13.3M | 8.4M | 6.4M | |
Cash | 11.1M | 25.4M | 33.7M | 23.7M | 6.3M | 5.9M | |
Non Current Assets Total | 142.4M | 62.9M | 156.8M | 158.1M | 157.4M | 165.3M | |
Non Currrent Assets Other | 5.0M | 41K | (14.9M) | 339K | 170K | 178.5K | |
Cash And Short Term Investments | 15.3M | 26.1M | 34.3M | 23.7M | 6.3M | 5.9M | |
Common Stock Total Equity | 69K | 66K | 75K | 89K | 102.4K | 58.0K | |
Common Stock Shares Outstanding | 64.0M | 69.9M | 75.6M | 88.4M | 88.5M | 57.1M | |
Liabilities And Stockholders Equity | 193.0M | 105.7M | 215.8M | 204.2M | 183.9M | 107.8M | |
Other Stockholder Equity | 142.3M | 79.0M | 104.3M | 105.1M | 106.1M | 93.7M | |
Total Liab | 35.0M | 15.2M | 95.0M | 92.4M | 87.2M | 91.6M | |
Total Current Assets | 50.7M | 42.9M | 58.9M | 46.1M | 26.5M | 39.2M | |
Common Stock | 69K | 66K | 75K | 89K | 102.4K | 60.0K | |
Property Plant And Equipment Net | 132.7M | 62.5M | 156.8M | 152.6M | 138.6M | 145.6M | |
Other Current Assets | 218K | 1.7M | 6.2M | 3.8M | 6.6M | 6.9M | |
Property Plant And Equipment Gross | 132.7M | 62.5M | 261.9M | 284.5M | 295.0M | 309.8M | |
Net Receivables | 8.6M | 5.1M | 8.7M | 5.1M | 4.3M | 4.4M | |
Other Assets | 13.1M | 62.9M | 76K | 13.0M | 14.9M | 17.8M | |
Property Plant Equipment | 125.3M | 62.5M | 156.8M | 152.6M | 175.4M | 184.2M | |
Other Liab | 5.6M | 3.1M | 65.4M | 67.7M | 77.9M | 81.8M | |
Short Term Investments | 3.6M | 4.3M | 671K | 589K | 530.1K | 503.6K | |
Non Current Liabilities Total | 7.0M | 3.1M | 65.4M | 67.7M | 75.9M | 79.7M | |
Inventory | 24.1M | 10.0M | 10.4M | 13.5M | 9.3M | 11.0M | |
Net Tangible Assets | 158.1M | 90.5M | 120.8M | 111.8M | 128.5M | 115.4M | |
Retained Earnings Total Equity | 16.9M | 12.7M | 17.6M | 7.7M | 8.9M | 9.3M | |
Capital Surpluse | 148.2M | 84.9M | 110.2M | 111.0M | 127.7M | 120.6M | |
Non Current Liabilities Other | 6.2M | 3.1M | 52.2M | 58.5M | 3.6M | 3.4M |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gold Resource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Gold Stock, please use our How to Invest in Gold Resource guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Metals & Mining 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 Gold Resource. If investors know Gold 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 Gold Resource 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 0.742 | Earnings Share (0.49) | Revenue Per Share 0.817 | Quarterly Revenue Growth (0.35) | Return On Assets (0.09) |
The market value of Gold Resource is measured differently than its book value, which is the value of Gold that is recorded on the company's balance sheet. Investors also form their own opinion of Gold Resource's value that differs from its market value or its book value, called intrinsic value, which is Gold Resource'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 Gold Resource's market value can be influenced by many factors that don't directly affect Gold Resource'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 Gold Resource's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gold Resource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gold Resource'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.