Grande Common Stock Shares Outstanding vs Current Deferred Revenue Analysis

GPG Stock

CAD 0.22 0.01 4.76%

Grande Portage financial indicator trend analysis is much more than just examining Grande Portage Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grande Portage Resources is a good investment. Please check the relationship between Grande Portage Common Stock Shares Outstanding and its Current Deferred Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grande Portage Resources. 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.

Common Stock Shares Outstanding vs Current Deferred Revenue

Common Stock Shares Outstanding vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grande Portage Resources Common Stock Shares Outstanding account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Grande Portage's Common Stock Shares Outstanding and Current Deferred Revenue is -0.17. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Grande Portage Resources, assuming nothing else is changed. The correlation between historical values of Grande Portage's Common Stock Shares Outstanding and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Grande Portage Resources are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Common Stock Shares Outstanding i.e., Grande Portage's Common Stock Shares Outstanding and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.17

Relationship Direction	Negative
Relationship Strength	Insignificant

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Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Grande Portage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grande Portage Resources 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 Grande Portage Resources. 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, Grande Portage's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 1.8 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (24.77) in 2024.

Grande Portage fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Current Deferred Revenue	Short Term Debt	Non Currrent Assets Other	Inventory	Other Current Assets	Short Term Investments	Common Stock	Net Tangible Assets	Other Assets
Total Assets		0.78	1.0	0.99	-0.24	-0.62	0.84	0.31	0.99	0.41	-0.03	0.93	0.17	0.78	0.41	0.56	0.77	-0.31	0.58	-0.43	-0.16	0.09	-0.2	0.83	0.92	-0.24
Total Current Liabilities	0.78		0.76	0.82	-0.02	-0.58	0.96	0.1	0.82	-0.06	-0.16	0.8	0.01	1.0	-0.06	0.45	0.94	-0.14	0.48	-0.45	0.14	0.03	-0.38	0.66	0.71	-0.02
Total Stockholder Equity	1.0	0.76		0.99	-0.26	-0.61	0.82	0.32	0.99	0.43	-0.03	0.92	0.18	0.76	0.43	0.56	0.75	-0.31	0.58	-0.42	-0.17	0.1	-0.19	0.83	0.92	-0.25
Property Plant And Equipment Net	0.99	0.82	0.99		-0.15	-0.61	0.87	0.22	1.0	0.3	-0.07	0.93	0.13	0.83	0.3	0.56	0.82	-0.29	0.58	-0.42	-0.15	0.08	-0.23	0.82	0.92	-0.23
Net Debt	-0.24	-0.02	-0.26	-0.15		0.31	-0.09	-1.0	-0.15	-0.82	0.07	-0.26	0.02	0.01	-0.8	-0.11	-0.05	0.18	-0.1	0.3	-0.09	-0.1	0.2	-0.33	-0.23	0.09
Retained Earnings	-0.62	-0.58	-0.61	-0.61	0.31		-0.6	-0.35	-0.61	-0.28	0.44	-0.76	0.34	-0.56	-0.26	-0.66	-0.7	0.58	-0.66	0.48	-0.37	-0.21	0.56	-0.77	-0.43	0.0
Accounts Payable	0.84	0.96	0.82	0.87	-0.09	-0.6		0.17	0.87	0.02	-0.25	0.89	-0.06	0.96	0.01	0.38	0.94	-0.07	0.41	-0.61	0.17	0.12	-0.31	0.75	0.82	-0.23
Cash	0.31	0.1	0.32	0.22	-1.0	-0.35	0.17		0.22	0.81	-0.08	0.32	-0.02	0.07	0.79	0.14	0.12	-0.18	0.14	-0.33	0.1	0.1	-0.22	0.39	0.29	-0.1
Non Current Assets Total	0.99	0.82	0.99	1.0	-0.15	-0.61	0.87	0.22		0.3	-0.07	0.93	0.13	0.83	0.3	0.56	0.82	-0.29	0.58	-0.42	-0.14	0.08	-0.23	0.82	0.92	-0.23
Cash And Short Term Investments	0.41	-0.06	0.43	0.3	-0.82	-0.28	0.02	0.81	0.3		0.19	0.34	0.27	-0.08	0.99	0.16	-0.06	-0.25	0.15	-0.23	-0.13	0.07	0.13	0.43	0.39	-0.15
Net Receivables	-0.03	-0.16	-0.03	-0.07	0.07	0.44	-0.25	-0.08	-0.07	0.19		-0.31	0.95	-0.17	0.26	0.07	-0.34	-0.14	0.06	0.39	-0.67	0.06	0.19	-0.28	-0.12	-0.08
Common Stock Shares Outstanding	0.93	0.8	0.92	0.93	-0.26	-0.76	0.89	0.32	0.93	0.34	-0.31		-0.08	0.8	0.32	0.43	0.87	-0.17	0.45	-0.65	0.21	0.08	-0.18	0.9	0.91	-0.22
Other Stockholder Equity	0.17	0.01	0.18	0.13	0.02	0.34	-0.06	-0.02	0.13	0.27	0.95	-0.08		0.01	0.33	0.08	-0.15	-0.07	0.08	0.25	-0.61	-0.01	0.24	-0.12	0.12	-0.13
Total Liab	0.78	1.0	0.76	0.83	0.01	-0.56	0.96	0.07	0.83	-0.08	-0.17	0.8	0.01		-0.09	0.44	0.94	-0.11	0.47	-0.44	0.13	0.01	-0.36	0.66	0.72	-0.04
Total Current Assets	0.41	-0.06	0.43	0.3	-0.8	-0.26	0.01	0.79	0.3	0.99	0.26	0.32	0.33	-0.09		0.18	-0.07	-0.27	0.17	-0.22	-0.18	0.14	0.12	0.42	0.38	-0.16
Short Long Term Debt Total	0.56	0.45	0.56	0.56	-0.11	-0.66	0.38	0.14	0.56	0.16	0.07	0.43	0.08	0.44	0.18		0.46	-0.91	1.0	0.12	-0.34	0.19	-0.78	0.38	0.2	0.05
Other Current Liab	0.77	0.94	0.75	0.82	-0.05	-0.7	0.94	0.12	0.82	-0.06	-0.34	0.87	-0.15	0.94	-0.07	0.46		-0.16	0.49	-0.52	0.26	0.13	-0.43	0.72	0.71	-0.02
Current Deferred Revenue	-0.31	-0.14	-0.31	-0.29	0.18	0.58	-0.07	-0.18	-0.29	-0.25	-0.14	-0.17	-0.07	-0.11	-0.27	-0.91	-0.16		-0.89	-0.24	0.37	-0.22	0.74	-0.24	0.07	-0.09
Short Term Debt	0.58	0.48	0.58	0.58	-0.1	-0.66	0.41	0.14	0.58	0.15	0.06	0.45	0.08	0.47	0.17	1.0	0.49	-0.89		0.1	-0.34	0.18	-0.77	0.4	0.23	0.04
Non Currrent Assets Other	-0.43	-0.45	-0.42	-0.42	0.3	0.48	-0.61	-0.33	-0.42	-0.23	0.39	-0.65	0.25	-0.44	-0.22	0.12	-0.52	-0.24	0.1		-0.55	-0.3	-0.1	-0.6	-0.56	0.36
Inventory	-0.16	0.14	-0.17	-0.15	-0.09	-0.37	0.17	0.1	-0.14	-0.13	-0.67	0.21	-0.61	0.13	-0.18	-0.34	0.26	0.37	-0.34	-0.55		-0.02	0.08	0.22	-0.01	0.09
Other Current Assets	0.09	0.03	0.1	0.08	-0.1	-0.21	0.12	0.1	0.08	0.07	0.06	0.08	-0.01	0.01	0.14	0.19	0.13	-0.22	0.18	-0.3	-0.02		-0.2	0.13	0.02	-0.16
Short Term Investments	-0.2	-0.38	-0.19	-0.23	0.2	0.56	-0.31	-0.22	-0.23	0.13	0.19	-0.18	0.24	-0.36	0.12	-0.78	-0.43	0.74	-0.77	-0.1	0.08	-0.2		-0.16	0.11	-0.14
Common Stock	0.83	0.66	0.83	0.82	-0.33	-0.77	0.75	0.39	0.82	0.43	-0.28	0.9	-0.12	0.66	0.42	0.38	0.72	-0.24	0.4	-0.6	0.22	0.13	-0.16		0.8	-0.2
Net Tangible Assets	0.92	0.71	0.92	0.92	-0.23	-0.43	0.82	0.29	0.92	0.39	-0.12	0.91	0.12	0.72	0.38	0.2	0.71	0.07	0.23	-0.56	-0.01	0.02	0.11	0.8		-0.31
Other Assets	-0.24	-0.02	-0.25	-0.23	0.09	0.0	-0.23	-0.1	-0.23	-0.15	-0.08	-0.22	-0.13	-0.04	-0.16	0.05	-0.02	-0.09	0.04	0.36	0.09	-0.16	-0.14	-0.2	-0.31

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Grande Portage Account Relationship Matchups

Grande Portage fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.4M	17.9M	19.6M	20.9M	24.0M	25.2M
Total Current Liabilities	450.3K	433.8K	276.1K	962.4K	1.1M	1.2M
Total Stockholder Equity	12.0M	17.4M	19.3M	19.8M	22.7M	23.9M
Property Plant And Equipment Net	10.8M	14.3M	17.1M	20.3M	23.4M	24.5M
Net Debt	(1.5M)	(3.4M)	(318.0K)	(213.1K)	(191.8K)	(201.3K)
Retained Earnings	(19.7M)	(20.9M)	(22.2M)	(23.3M)	(20.9M)	(19.9M)
Accounts Payable	450.3K	433.8K	276.1K	919.2K	1.1M	1.1M
Cash	1.5M	3.4M	318.0K	344.2K	395.8K	376.0K
Non Current Assets Total	10.9M	14.4M	17.2M	20.5M	23.5M	24.7M
Cash And Short Term Investments	1.5M	3.4M	2.3M	344.2K	395.8K	376.0K
Net Receivables	15.1K	9.8K	6.3K	5.9K	5.3K	5.1K
Common Stock Shares Outstanding	67.4M	87.6M	106.9M	110.8M	127.4M	133.8M
Liabilities And Stockholders Equity	12.4M	17.9M	19.6M	20.9M	24.0M	25.2M
Total Liab	450.3K	433.8K	276.1K	1.1M	1.3M	1.3M
Total Current Assets	1.6M	3.5M	2.4M	403.9K	464.5K	441.3K
Accumulated Other Comprehensive Income	2.9M	3.3M	3.8M	4.2M	4.9M	5.1M
Other Current Assets	61.4K	83.4K	52.7K	53.9K	48.5K	46.1K
Short Term Investments	4.2K	2.2K	1.2K	949.0	2.0M	0.0
Common Stock	28.8M	35.1M	37.7M	38.8M	44.6M	27.0M
Net Tangible Assets	7.9M	12.0M	17.4M	19.3M	22.2M	23.3M
Property Plant Equipment	7.8M	10.8M	14.3M	17.1M	19.7M	20.7M
Net Invested Capital	12.0M	17.4M	19.3M	19.8M	22.7M	14.2M
Net Working Capital	1.1M	3.1M	2.1M	(558.5K)	(642.2K)	(610.1K)
Capital Stock	28.8M	35.1M	37.7M	38.8M	44.6M	34.4M

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