GROW Capital Stock vs Accounts Payable Analysis

GROW Stock

USD 2.44 0.02 0.83%

US Global financial indicator trend analysis is much more than just breaking down US Global Investors prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether US Global Investors is a good investment. Please check the relationship between US Global Capital Stock and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in US Global Investors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Capital Stock vs Accounts Payable

Capital Stock vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of US Global Investors Capital Stock account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between US Global's Capital Stock and Accounts Payable is -0.05. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of US Global Investors, assuming nothing else is changed. The correlation between historical values of US Global's Capital Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of US Global Investors are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Capital Stock i.e., US Global's Capital Stock and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.05

Relationship Direction	Negative
Relationship Strength	Insignificant

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Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Accounts Payable

An accounting item on the balance sheet that represents US Global obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of US Global Investors are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most indicators from US Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into US Global Investors 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 US Global Investors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

At this time, US Global's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 931.5 K in 2025, whereas Discontinued Operations is likely to drop (207.9 K) in 2025.

US Global fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.47	0.85	0.85	0.04	-0.05	0.84	-0.07	0.04	-0.11	0.16	0.91	-0.08	0.02	0.15	-0.79	-0.74	-0.37	-0.07	-0.16	-0.13	0.86	0.3	0.03	-0.62	-0.79
Short Long Term Debt Total	0.47		0.81	0.81	-0.77	0.63	0.8	0.68	-0.77	-0.47	-0.61	0.73	0.12	-0.69	-0.2	-0.85	-0.67	-0.37	0.13	0.04	0.29	0.8	-0.61	-0.71	0.35	-0.85
Other Current Liab	0.85	0.81		1.0	-0.45	0.21	1.0	0.38	-0.44	-0.39	-0.25	0.97	-0.09	-0.4	-0.09	-0.98	-0.85	-0.49	-0.08	-0.12	0.06	1.0	-0.15	-0.4	-0.22	-0.98
Total Current Liabilities	0.85	0.81	1.0		-0.44	0.2	1.0	0.38	-0.43	-0.38	-0.25	0.98	-0.09	-0.4	-0.07	-0.98	-0.85	-0.5	-0.09	-0.12	0.06	1.0	-0.15	-0.4	-0.23	-0.98
Total Stockholder Equity	0.04	-0.77	-0.45	-0.44		-0.47	-0.44	-0.91	0.99	0.45	0.89	-0.33	0.02	0.93	0.4	0.52	0.46	0.26	0.03	-0.08	-0.36	-0.43	0.93	0.94	-0.69	0.53
Property Plant And Equipment Net	-0.05	0.63	0.21	0.2	-0.47		0.2	0.39	-0.48	-0.6	-0.41	0.14	0.57	-0.4	0.01	-0.28	-0.05	-0.08	0.62	0.33	0.37	0.19	-0.54	-0.42	0.66	-0.28
Current Deferred Revenue	0.84	0.8	1.0	1.0	-0.44	0.2		0.38	-0.42	-0.39	-0.23	0.97	-0.1	-0.37	-0.09	-0.97	-0.82	-0.5	-0.1	-0.12	0.07	1.0	-0.13	-0.38	-0.24	-0.97
Net Debt	-0.07	0.68	0.38	0.38	-0.91	0.39	0.38		-0.93	-0.27	-0.96	0.32	-0.23	-0.92	-0.16	-0.45	-0.34	-0.08	-0.26	0.15	0.28	0.38	-0.86	-0.92	0.64	-0.45
Retained Earnings	0.04	-0.77	-0.44	-0.43	0.99	-0.48	-0.42	-0.93		0.44	0.93	-0.34	0.0	0.96	0.33	0.52	0.45	0.26	0.01	-0.08	-0.33	-0.42	0.95	0.97	-0.71	0.52
Accounts Payable	-0.11	-0.47	-0.39	-0.38	0.45	-0.6	-0.39	-0.27	0.44		0.23	-0.31	-0.43	0.38	0.1	0.42	0.24	0.53	-0.55	-0.04	-0.23	-0.37	0.37	0.39	-0.34	0.42
Cash	0.16	-0.61	-0.25	-0.25	0.89	-0.41	-0.23	-0.96	0.93	0.23		-0.2	0.16	0.95	0.12	0.35	0.32	0.0	0.19	-0.18	-0.26	-0.25	0.92	0.94	-0.72	0.35
Non Current Assets Total	0.91	0.73	0.97	0.98	-0.33	0.14	0.97	0.32	-0.34	-0.31	-0.2		-0.09	-0.36	0.07	-0.96	-0.85	-0.52	-0.09	-0.13	0.0	0.98	-0.06	-0.36	-0.32	-0.96
Non Currrent Assets Other	-0.08	0.12	-0.09	-0.09	0.02	0.57	-0.1	-0.23	0.0	-0.43	0.16	-0.09		0.02	-0.11	0.07	0.15	-0.38	0.93	0.12	0.19	-0.1	-0.12	0.0	0.32	0.07
Cash And Short Term Investments	0.02	-0.69	-0.4	-0.4	0.93	-0.4	-0.37	-0.92	0.96	0.38	0.95	-0.36	0.02		0.14	0.49	0.46	0.32	0.03	-0.04	-0.29	-0.39	0.91	1.0	-0.65	0.49
Net Receivables	0.15	-0.2	-0.09	-0.07	0.4	0.01	-0.09	-0.16	0.33	0.1	0.12	0.07	-0.11	0.14		0.08	0.09	0.07	-0.06	-0.25	0.07	-0.06	0.36	0.21	-0.27	0.08
Common Stock Total Equity	-0.79	-0.85	-0.98	-0.98	0.52	-0.28	-0.97	-0.45	0.52	0.42	0.35	-0.96	0.07	0.49	0.08		0.89	0.5	0.06	0.09	-0.08	-0.98	0.25	0.49	0.14	1.0
Common Stock Shares Outstanding	-0.74	-0.67	-0.85	-0.85	0.46	-0.05	-0.82	-0.34	0.45	0.24	0.32	-0.85	0.15	0.46	0.09	0.89		0.41	0.15	0.14	-0.02	-0.85	0.23	0.46	0.2	0.9
Short Term Investments	-0.37	-0.37	-0.49	-0.5	0.26	-0.08	-0.5	-0.08	0.26	0.53	0.0	-0.52	-0.38	0.32	0.07	0.5	0.41		-0.39	0.4	-0.16	-0.5	0.12	0.31	0.07	0.5
Non Current Liabilities Total	-0.07	0.13	-0.08	-0.09	0.03	0.62	-0.1	-0.26	0.01	-0.55	0.19	-0.09	0.93	0.03	-0.06	0.06	0.15	-0.39		0.13	0.19	-0.1	-0.12	0.01	0.33	0.06
Other Current Assets	-0.16	0.04	-0.12	-0.12	-0.08	0.33	-0.12	0.15	-0.08	-0.04	-0.18	-0.13	0.12	-0.04	-0.25	0.09	0.14	0.4	0.13		0.08	-0.12	-0.19	-0.07	0.3	0.09
Other Stockholder Equity	-0.13	0.29	0.06	0.06	-0.36	0.37	0.07	0.28	-0.33	-0.23	-0.26	0.0	0.19	-0.29	0.07	-0.08	-0.02	-0.16	0.19	0.08		0.06	-0.33	-0.29	0.42	-0.08
Total Liab	0.86	0.8	1.0	1.0	-0.43	0.19	1.0	0.38	-0.42	-0.37	-0.25	0.98	-0.1	-0.39	-0.06	-0.98	-0.85	-0.5	-0.1	-0.12	0.06		-0.14	-0.4	-0.24	-0.98
Property Plant And Equipment Gross	0.3	-0.61	-0.15	-0.15	0.93	-0.54	-0.13	-0.86	0.95	0.37	0.92	-0.06	-0.12	0.91	0.36	0.25	0.23	0.12	-0.12	-0.19	-0.33	-0.14		0.93	-0.88	0.26
Total Current Assets	0.03	-0.71	-0.4	-0.4	0.94	-0.42	-0.38	-0.92	0.97	0.39	0.94	-0.36	0.0	1.0	0.21	0.49	0.46	0.31	0.01	-0.07	-0.29	-0.4	0.93		-0.67	0.5
Short Term Debt	-0.62	0.35	-0.22	-0.23	-0.69	0.66	-0.24	0.64	-0.71	-0.34	-0.72	-0.32	0.32	-0.65	-0.27	0.14	0.2	0.07	0.33	0.3	0.42	-0.24	-0.88	-0.67		0.13
Common Stock	-0.79	-0.85	-0.98	-0.98	0.53	-0.28	-0.97	-0.45	0.52	0.42	0.35	-0.96	0.07	0.49	0.08	1.0	0.9	0.5	0.06	0.09	-0.08	-0.98	0.26	0.5	0.13

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US Global Account Relationship Matchups

US Global fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	62.3M	60.7M	55.7M	52.0M	59.8M	36.4M
Short Long Term Debt Total	43K	93K	66K	39K	35.1K	33.3K
Other Current Liab	2.6M	3.6M	2.2M	1.5M	1.4M	1.3M
Total Current Liabilities	5.2M	4.1M	2.9M	2.2M	1.9M	1.9M
Total Stockholder Equity	54.3M	56.5M	52.2M	49.0M	56.4M	59.2M
Property Plant And Equipment Net	1.4M	1.5M	1.2M	1.2M	1.1M	1.9M
Net Debt	(14.4M)	(22.2M)	(25.3M)	(27.4M)	(24.6M)	(23.4M)
Retained Earnings	33.8M	38.0M	37.7M	37.5M	43.1M	45.2M
Accounts Payable	553K	533K	629K	509K	585.4K	372.5K
Cash	14.4M	22.3M	25.4M	27.4M	31.5M	33.1M
Non Current Assets Total	35.5M	22.7M	15.3M	11.6M	10.5M	10.1M
Non Currrent Assets Other	99K	(1.4M)	(2.0M)	203K	233.5K	221.8K
Cash And Short Term Investments	8.3M	20.8M	34.5M	37.0M	42.6M	44.7M
Net Receivables	4.7M	2.2M	1.8M	1.8M	1.6M	2.4M
Common Stock Shares Outstanding	15.1M	15.0M	14.6M	14.2M	16.3M	16.3M
Liabilities And Stockholders Equity	62.3M	60.7M	55.7M	52.0M	59.8M	36.4M
Non Current Liabilities Total	2.8M	66K	538K	793K	912.0K	866.4K
Other Current Assets	1.4M	1.4M	1.5M	1.5M	1.3M	1.3M
Other Stockholder Equity	13.5M	(22.1M)	12.7M	10.6M	9.5M	8.6M
Total Liab	8.0M	4.2M	3.5M	3.0M	2.7M	2.5M
Property Plant And Equipment Gross	5.5M	5.7M	5.7M	5.8M	6.7M	7.0M
Total Current Assets	26.8M	38.0M	40.4M	40.3M	46.4M	48.7M
Accumulated Other Comprehensive Income	6.6M	4.3M	1.3M	584K	671.6K	702.6K
Short Term Debt	86K	27K	56K	62K	55.8K	53.0K
Other Assets	72K	92K	99K	468K	421.2K	555.2K
Inventory	(8.5M)	1.0	(12.2M)	(10.4M)	(11.9M)	(12.5M)
Property Plant Equipment	1.7M	1.6M	1.4M	1.5M	1.3M	1.9M
Net Tangible Assets	21.7M	16.8M	54.3M	56.5M	65.0M	36.2M
Deferred Long Term Liab	133K	7K	4K	9K	10.4K	9.8K

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GROW Capital Stock vs Accounts Payable Analysis

Capital Stock vs Accounts Payable

Capital Stock vs Accounts Payable Correlation Analysis

Correlation Coefficient

Capital Stock

Accounts Payable

US Global fundamental ratios Correlations

US Global Account Relationship Matchups

High Positive Relationship

High Negative Relationship

US Global fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Current Liabilities	+ 1.0	Other Current Liab
Current Deferred Revenue	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Other Current Liab
Current Deferred Revenue	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Current Deferred Revenue

Common Stock	- 0.98	Total Liab
Total Liab	- 0.98	Common Stock Total Equity
Common Stock	- 0.98	Total Current Liabilities
Common Stock Total Equity	- 0.98	Total Current Liabilities
Common Stock	- 0.98	Other Current Liab
Common Stock Total Equity	- 0.98	Other Current Liab