GROW Capital Stock vs Total Assets Analysis

GROW Stock  USD 2.44  0.01  0.41%   
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 Total Assets 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 Total Assets

Capital Stock vs Total Assets 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 Total Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between US Global's Capital Stock and Total Assets is 0.04. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Total Assets 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 Total Assets 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 Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Capital Stock i.e., US Global's Capital Stock and Total Assets go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capital Stock

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

Total Assets

Total assets refers to the total amount of US Global assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in US Global Investors books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 36.9 K in 2024.

US Global fundamental ratios Correlations

0.530.870.880.040.00.86-0.02-0.01-0.160.130.93-0.07-0.030.17-0.82-0.85-0.39-0.06-0.15-0.130.880.370.01-0.61-0.82
0.530.820.81-0.680.60.830.66-0.76-0.44-0.580.730.11-0.67-0.24-0.86-0.64-0.350.110.020.290.81-0.51-0.650.3-0.86
0.870.821.0-0.450.21.00.38-0.45-0.39-0.250.97-0.09-0.39-0.1-0.98-0.88-0.49-0.09-0.120.061.0-0.11-0.44-0.26-0.98
0.880.811.0-0.440.191.00.38-0.45-0.38-0.250.98-0.1-0.39-0.08-0.98-0.88-0.49-0.1-0.120.061.0-0.1-0.43-0.27-0.98
0.04-0.68-0.45-0.44-0.37-0.48-0.780.870.480.71-0.30.110.710.460.510.220.310.130.0-0.38-0.440.910.93-0.530.5
0.00.60.20.19-0.370.20.32-0.41-0.57-0.320.110.58-0.33-0.04-0.270.08-0.030.630.320.390.18-0.48-0.310.62-0.27
0.860.831.01.0-0.480.20.39-0.47-0.39-0.260.97-0.1-0.4-0.1-0.98-0.87-0.49-0.1-0.120.071.0-0.14-0.46-0.25-0.98
-0.020.660.380.38-0.780.320.39-0.93-0.2-0.990.31-0.26-0.94-0.21-0.47-0.28-0.03-0.290.130.280.37-0.77-0.860.6-0.47
-0.01-0.76-0.45-0.450.87-0.41-0.47-0.930.410.91-0.340.050.940.410.530.350.250.07-0.05-0.35-0.440.840.89-0.660.53
-0.16-0.44-0.39-0.380.48-0.57-0.39-0.20.410.16-0.3-0.430.310.140.40.170.52-0.54-0.02-0.23-0.370.40.42-0.280.4
0.13-0.58-0.25-0.250.71-0.32-0.26-0.990.910.16-0.180.250.930.190.350.18-0.050.27-0.15-0.29-0.240.760.8-0.680.35
0.930.730.970.98-0.30.110.970.31-0.34-0.3-0.18-0.1-0.350.06-0.96-0.87-0.51-0.1-0.140.00.980.03-0.35-0.37-0.96
-0.070.11-0.09-0.10.110.58-0.1-0.260.05-0.430.25-0.10.04-0.120.070.2-0.370.930.110.18-0.11-0.050.110.310.07
-0.03-0.67-0.39-0.390.71-0.33-0.4-0.940.940.310.93-0.350.040.190.490.320.280.06-0.01-0.3-0.390.720.84-0.620.5
0.17-0.24-0.1-0.080.46-0.04-0.1-0.210.410.140.190.06-0.120.190.090.150.09-0.07-0.270.07-0.070.460.27-0.330.09
-0.82-0.86-0.98-0.980.51-0.27-0.98-0.470.530.40.35-0.960.070.490.090.820.480.070.1-0.07-0.980.210.520.161.0
-0.85-0.64-0.88-0.880.220.08-0.87-0.280.350.170.18-0.870.20.320.150.820.390.20.19-0.01-0.88-0.120.20.350.82
-0.39-0.35-0.49-0.490.31-0.03-0.49-0.030.250.52-0.05-0.51-0.370.280.090.480.39-0.380.42-0.15-0.50.160.410.120.48
-0.060.11-0.09-0.10.130.63-0.1-0.290.07-0.540.27-0.10.930.06-0.070.070.2-0.380.120.19-0.1-0.040.140.320.07
-0.150.02-0.12-0.120.00.32-0.120.13-0.05-0.02-0.15-0.140.11-0.01-0.270.10.190.420.120.08-0.13-0.140.010.290.1
-0.130.290.060.06-0.380.390.070.28-0.35-0.23-0.290.00.18-0.30.07-0.07-0.01-0.150.190.080.06-0.38-0.330.44-0.07
0.880.811.01.0-0.440.181.00.37-0.44-0.37-0.240.98-0.11-0.39-0.07-0.98-0.88-0.5-0.1-0.130.06-0.09-0.43-0.28-0.98
0.37-0.51-0.11-0.10.91-0.48-0.14-0.770.840.40.760.03-0.050.720.460.21-0.120.16-0.04-0.14-0.38-0.090.88-0.80.21
0.01-0.65-0.44-0.430.93-0.31-0.46-0.860.890.420.8-0.350.110.840.270.520.20.410.140.01-0.33-0.430.88-0.510.52
-0.610.3-0.26-0.27-0.530.62-0.250.6-0.66-0.28-0.68-0.370.31-0.62-0.330.160.350.120.320.290.44-0.28-0.8-0.510.16
-0.82-0.86-0.98-0.980.5-0.27-0.98-0.470.530.40.35-0.960.070.50.091.00.820.480.070.1-0.07-0.980.210.520.16
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US Global Account Relationship Matchups

US Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.8M62.3M60.7M55.7M52.0M36.4M
Short Long Term Debt Total535K43K93K66K39K37.1K
Other Current Liab1.4M2.6M3.6M2.2M1.5M1.4M
Total Current Liabilities2.0M5.2M4.1M2.9M2.2M2.1M
Total Stockholder Equity16.8M54.3M56.5M52.2M49.0M27.4M
Property Plant And Equipment Net1.6M1.4M1.5M1.2M1.2M1.9M
Net Debt(1.4M)(14.4M)(22.2M)(25.3M)(27.4M)(26.0M)
Retained Earnings2.6M33.8M38.0M37.7M37.5M39.3M
Accounts Payable142K553K533K629K509K372.5K
Cash1.9M14.4M22.3M25.4M27.4M28.8M
Non Current Assets Total8.3M35.5M22.7M15.3M11.6M10.1M
Non Currrent Assets Other92K99K(1.4M)(2.0M)203K192.9K
Cash And Short Term Investments8.3M20.8M34.5M37.0M42.6M44.7M
Net Receivables974K4.7M2.2M1.8M1.8M2.4M
Common Stock Shares Outstanding15.1M15.1M15.0M14.6M14.2M16.3M
Liabilities And Stockholders Equity18.8M62.3M60.7M55.7M52.0M36.4M
Non Current Liabilities Total43K2.8M66K538K793K753.4K
Other Current Assets7.6M1.4M1.4M1.5M1.5M1.4M
Other Stockholder Equity11.1M13.5M(22.1M)12.7M10.6M8.6M
Total Liab2.1M8.0M4.2M3.5M3.0M2.8M
Property Plant And Equipment Gross1.6M5.5M5.7M5.7M5.8M3.2M
Total Current Assets10.5M26.8M38.0M40.4M40.3M22.4M
Accumulated Other Comprehensive Income(4K)6.6M4.3M1.3M584K702.6K
Other Assets72K92K99K468K421.2K555.2K
Inventory(6.3M)(8.5M)1.0(12.2M)(10.4M)(10.9M)
Property Plant Equipment1.7M1.6M1.4M1.5M1.3M1.9M
Net Tangible Assets21.7M16.8M54.3M56.5M65.0M36.2M
Deferred Long Term Liab133K7K4K9K10.4K9.8K

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When running US Global's price analysis, check to measure US Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy US Global is operating at the current time. Most of US Global's value examination focuses on studying past and present price action to predict the probability of US Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move US Global's price. Additionally, you may evaluate how the addition of US Global to your portfolios can decrease your overall portfolio volatility.