GROW Net Income vs Net Income Per E B T Analysis
GROW Stock | USD 2.49 0.06 2.47% |
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 Net Income and its Net Income Per E B T 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.
Net Income vs Net Income Per E B T
Net Income vs Net Income Per E B T Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of US Global Investors Net Income account and Net Income Per E B T. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between US Global's Net Income and Net Income Per E B T is -0.14. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Income Per E B T 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 Net Income and Net Income Per E B T is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of US Global Investors are associated (or correlated) with its Net Income Per E B T. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per E B T has no effect on the direction of Net Income i.e., US Global's Net Income and Net Income Per E B T go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in US Global Investors financial statement analysis. It represents the amount of money remaining after all of US Global Investors operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Net Income Per E B T
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
Click cells to compare fundamentals
US Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
US Global fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 18.8M | 62.3M | 60.7M | 55.7M | 52.0M | 36.4M | |
Short Long Term Debt Total | 535K | 43K | 93K | 66K | 39K | 37.1K | |
Other Current Liab | 1.4M | 2.6M | 3.6M | 2.2M | 1.5M | 1.4M | |
Total Current Liabilities | 2.0M | 5.2M | 4.1M | 2.9M | 2.2M | 2.1M | |
Total Stockholder Equity | 16.8M | 54.3M | 56.5M | 52.2M | 49.0M | 27.4M | |
Property Plant And Equipment Net | 1.6M | 1.4M | 1.5M | 1.2M | 1.2M | 1.9M | |
Net Debt | (1.4M) | (14.4M) | (22.2M) | (25.3M) | (27.4M) | (26.0M) | |
Retained Earnings | 2.6M | 33.8M | 38.0M | 37.7M | 37.5M | 39.3M | |
Accounts Payable | 142K | 553K | 533K | 629K | 509K | 372.5K | |
Cash | 1.9M | 14.4M | 22.3M | 25.4M | 27.4M | 28.8M | |
Non Current Assets Total | 8.3M | 35.5M | 22.7M | 15.3M | 11.6M | 10.1M | |
Non Currrent Assets Other | 92K | 99K | (1.4M) | (2.0M) | 203K | 192.9K | |
Cash And Short Term Investments | 8.3M | 20.8M | 34.5M | 37.0M | 42.6M | 44.7M | |
Net Receivables | 974K | 4.7M | 2.2M | 1.8M | 1.8M | 2.4M | |
Common Stock Shares Outstanding | 15.1M | 15.1M | 15.0M | 14.6M | 14.2M | 16.3M | |
Liabilities And Stockholders Equity | 18.8M | 62.3M | 60.7M | 55.7M | 52.0M | 36.4M | |
Non Current Liabilities Total | 43K | 2.8M | 66K | 538K | 793K | 753.4K | |
Other Current Assets | 7.6M | 1.4M | 1.4M | 1.5M | 1.5M | 1.4M | |
Other Stockholder Equity | 11.1M | 13.5M | (22.1M) | 12.7M | 10.6M | 8.6M | |
Total Liab | 2.1M | 8.0M | 4.2M | 3.5M | 3.0M | 2.8M | |
Property Plant And Equipment Gross | 1.6M | 5.5M | 5.7M | 5.7M | 5.8M | 3.2M | |
Total Current Assets | 10.5M | 26.8M | 38.0M | 40.4M | 40.3M | 22.4M | |
Accumulated Other Comprehensive Income | (4K) | 6.6M | 4.3M | 1.3M | 584K | 702.6K | |
Other Assets | 72K | 92K | 99K | 468K | 421.2K | 555.2K | |
Inventory | (6.3M) | (8.5M) | 1.0 | (12.2M) | (10.4M) | (10.9M) | |
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 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for GROW Stock Analysis
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.