GROW Common Stock Shares Outstanding vs Current Deferred Revenue Analysis

GROW Stock  USD 2.43  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 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 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.

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 US Global Investors Common Stock Shares Outstanding account and Current Deferred Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between US Global's Common Stock Shares Outstanding and Current Deferred Revenue is -0.87. 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 US Global Investors, assuming nothing else is changed. The correlation between historical values of US Global'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 US Global Investors 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., US Global's Common Stock Shares Outstanding and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.87
Relationship DirectionNegative 
Relationship StrengthSignificant

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 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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