Golden Historical Balance Sheet

GSUN Stock

USD 2.97 0.05 1.71%

Trend analysis of Golden Sun Education balance sheet accounts such as Other Current Liabilities of 4 M or Total Current Liabilities of 11.2 M provides information on Golden Sun's total assets, liabilities, and equity, which is the actual value of Golden Sun Education to its prevalent stockholders. By breaking down trends over time using Golden Sun balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining Golden Sun Education latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Golden Sun Education is a good buy for the upcoming year.

Golden Sun Inventory

185,775

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Sun Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

About Golden Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Golden Sun Education at a specified time, usually calculated after every quarter, six months, or one year. Golden Sun Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Golden Sun and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Golden currently owns. An asset can also be divided into two categories, current and non-current.

Golden Sun Balance Sheet Chart

At this time, Golden Sun's Cash is very stable compared to the past year. As of the 29th of November 2024, Long Term Debt is likely to grow to about 3 M, while Total Assets are likely to drop about 17.8 M.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities Short Long Term Debt

Total Assets

Total assets refers to the total amount of Golden Sun 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 Golden Sun Education 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.

Total Current Liabilities

Total Current Liabilities is an item on Golden Sun balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Golden Sun Education are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Most accounts from Golden Sun's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Golden Sun Education current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Golden Sun Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	3.4M	4.8M	4.3M	3.9M
Total Assets	23.4M	19.4M	22.4M	17.8M

Short Long Term Debt Total Total Assets

Golden Sun balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Short Long Term Debt
Total Assets		-0.18	0.12	-0.4	0.83	0.48	0.73	-0.12	-0.58	-0.67	-0.65	0.3	0.78	-0.15	-0.34	0.2	-0.3	0.78	0.15	0.54	-0.21	0.42	0.78	-0.35	0.93	-0.5
Short Long Term Debt Total	-0.18		0.48	0.8	-0.67	-0.73	-0.74	0.87	0.84	0.68	0.39	0.2	-0.52	0.97	0.92	0.15	0.99	-0.52	-0.86	-0.48	0.99	-0.48	-0.62	0.94	-0.43	0.7
Other Current Liab	0.12	0.48		0.67	-0.26	0.1	-0.14	0.83	0.49	0.28	0.12	-0.57	-0.18	0.54	0.64	0.93	0.4	-0.18	-0.78	-0.18	0.39	0.14	-0.23	0.61	-0.12	0.48
Total Current Liabilities	-0.4	0.8	0.67		-0.78	-0.55	-0.79	0.83	0.95	0.54	0.73	-0.37	-0.46	0.71	0.96	0.44	0.81	-0.46	-0.75	-0.79	0.72	-0.56	-0.82	0.96	-0.63	0.96
Total Stockholder Equity	0.83	-0.67	-0.26	-0.78		0.67	0.95	-0.59	-0.9	-0.84	-0.78	0.21	0.84	-0.62	-0.79	-0.05	-0.73	0.84	0.59	0.74	-0.66	0.52	0.97	-0.79	0.96	-0.83
Other Liab	0.48	-0.73	0.1	-0.55	0.67		0.82	-0.4	-0.75	-0.58	-0.52	-0.36	0.49	-0.63	-0.63	0.45	-0.82	0.49	0.37	0.54	-0.76	0.84	0.65	-0.68	0.51	-0.57
Net Tangible Assets	0.73	-0.74	-0.14	-0.79	0.95	0.82		-0.54	-0.92	-0.73	-0.83	0.02	0.7	-0.64	-0.82	0.12	-0.81	0.7	0.51	0.82	-0.73	0.73	0.96	-0.83	0.87	-0.86
Property Plant And Equipment Net	-0.12	0.87	0.83	0.83	-0.59	-0.4	-0.54		0.78	0.66	0.27	-0.19	-0.52	0.91	0.9	0.59	0.82	-0.52	-0.98	-0.34	0.82	-0.15	-0.51	0.89	-0.39	0.66
Current Deferred Revenue	-0.58	0.84	0.49	0.95	-0.9	-0.75	-0.92	0.78		0.72	0.75	-0.22	-0.65	0.76	0.95	0.2	0.88	-0.65	-0.73	-0.76	0.79	-0.65	-0.89	0.95	-0.75	0.92
Net Debt	-0.67	0.68	0.28	0.54	-0.84	-0.58	-0.73	0.66	0.72		0.32	0.01	-0.97	0.75	0.65	0.05	0.72	-0.97	-0.73	-0.26	0.73	-0.17	-0.67	0.66	-0.78	0.47
Retained Earnings	-0.65	0.39	0.12	0.73	-0.78	-0.52	-0.83	0.27	0.75	0.32		-0.33	-0.35	0.22	0.64	0.0	0.47	-0.35	-0.18	-0.97	0.33	-0.73	-0.9	0.62	-0.76	0.89
Accounts Payable	0.3	0.2	-0.57	-0.37	0.21	-0.36	0.02	-0.19	-0.22	0.01	-0.33		0.08	0.21	-0.16	-0.71	0.2	0.08	0.13	0.27	0.31	-0.11	0.25	-0.12	0.3	-0.34
Cash	0.78	-0.52	-0.18	-0.46	0.84	0.49	0.7	-0.52	-0.65	-0.97	-0.35	0.08		-0.6	-0.53	-0.02	-0.58	1.0	0.61	0.26	-0.58	0.11	0.68	-0.54	0.85	-0.42
Non Current Assets Total	-0.15	0.97	0.54	0.71	-0.62	-0.63	-0.64	0.91	0.76	0.75	0.22	0.21	-0.6		0.86	0.23	0.94	-0.6	-0.92	-0.3	0.98	-0.27	-0.52	0.88	-0.4	0.57
Non Currrent Assets Other	-0.34	0.92	0.64	0.96	-0.79	-0.63	-0.82	0.9	0.95	0.65	0.64	-0.16	-0.53	0.86		0.36	0.92	-0.53	-0.84	-0.7	0.86	-0.52	-0.79	1.0	-0.6	0.9
Other Assets	0.2	0.15	0.93	0.44	-0.05	0.45	0.12	0.59	0.2	0.05	0.0	-0.71	-0.02	0.23	0.36		0.05	-0.02	-0.55	-0.04	0.05	0.4	-0.04	0.31	0.0	0.28
Long Term Debt	-0.3	0.99	0.4	0.81	-0.73	-0.82	-0.81	0.82	0.88	0.72	0.47	0.2	-0.58	0.94	0.92	0.05		-0.58	-0.81	-0.54	0.98	-0.57	-0.69	0.94	-0.52	0.73
Cash And Short Term Investments	0.78	-0.52	-0.18	-0.46	0.84	0.49	0.7	-0.52	-0.65	-0.97	-0.35	0.08	1.0	-0.6	-0.53	-0.02	-0.58		0.61	0.26	-0.58	0.11	0.68	-0.54	0.85	-0.42
Net Receivables	0.15	-0.86	-0.78	-0.75	0.59	0.37	0.51	-0.98	-0.73	-0.73	-0.18	0.13	0.61	-0.92	-0.84	-0.55	-0.81	0.61		0.25	-0.83	0.05	0.48	-0.84	0.41	-0.57
Common Stock Shares Outstanding	0.54	-0.48	-0.18	-0.79	0.74	0.54	0.82	-0.34	-0.76	-0.26	-0.97	0.27	0.26	-0.3	-0.7	-0.04	-0.54	0.26	0.25		-0.41	0.78	0.89	-0.69	0.68	-0.93
Non Current Liabilities Total	-0.21	0.99	0.39	0.72	-0.66	-0.76	-0.73	0.82	0.79	0.73	0.33	0.31	-0.58	0.98	0.86	0.05	0.98	-0.58	-0.83	-0.41		-0.44	-0.59	0.89	-0.44	0.62
Other Current Assets	0.42	-0.48	0.14	-0.56	0.52	0.84	0.73	-0.15	-0.65	-0.17	-0.73	-0.11	0.11	-0.27	-0.52	0.4	-0.57	0.11	0.05	0.78	-0.44		0.64	-0.55	0.41	-0.67
Other Stockholder Equity	0.78	-0.62	-0.23	-0.82	0.97	0.65	0.96	-0.51	-0.89	-0.67	-0.9	0.25	0.68	-0.52	-0.79	-0.04	-0.69	0.68	0.48	0.89	-0.59	0.64		-0.79	0.92	-0.91
Total Liab	-0.35	0.94	0.61	0.96	-0.79	-0.68	-0.83	0.89	0.95	0.66	0.62	-0.12	-0.54	0.88	1.0	0.31	0.94	-0.54	-0.84	-0.69	0.89	-0.55	-0.79		-0.6	0.89
Net Invested Capital	0.93	-0.43	-0.12	-0.63	0.96	0.51	0.87	-0.39	-0.75	-0.78	-0.76	0.3	0.85	-0.4	-0.6	0.0	-0.52	0.85	0.41	0.68	-0.44	0.41	0.92	-0.6		-0.71
Short Long Term Debt	-0.5	0.7	0.48	0.96	-0.83	-0.57	-0.86	0.66	0.92	0.47	0.89	-0.34	-0.42	0.57	0.9	0.28	0.73	-0.42	-0.57	-0.93	0.62	-0.67	-0.91	0.89	-0.71

Click cells to compare fundamentals

Golden Sun Account Relationship Matchups

Golden Sun balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	17.4M	6.6M	23.4M	19.4M	22.4M	17.8M
Short Long Term Debt Total	7.3M	2.4M	3.4M	4.8M	4.3M	3.9M
Other Current Liab	15.1M	935.2K	2.4M	2.6M	2.4M	4.0M
Total Current Liabilities	19.0M	12.6M	12.6M	10.8M	9.7M	11.2M
Total Stockholder Equity	(7.1M)	(7.6M)	8.8M	4.4M	5.1M	5.3M
Property Plant And Equipment Net	5.4M	374.6K	344.0K	1.7M	1.5M	1.7M
Current Deferred Revenue	10.0M	6.3M	4.4M	4.0M	3.6M	5.4M
Net Debt	4.1M	1.2M	(17.0M)	(1.8M)	(1.6M)	(1.7M)
Retained Earnings	(8.5M)	(6.8M)	(9.0M)	(14.8M)	(13.4M)	(14.0M)
Accounts Payable	48.8K	210.8K	665.4K	974.3K	1.1M	601.9K
Cash	3.2M	1.2M	20.3M	6.6M	7.5M	7.6M
Non Current Assets Total	12.3M	1.1M	1.3M	7.4M	6.7M	5.1M
Non Currrent Assets Other	11.5M	732.7K	978.9K	473.4K	426.0K	404.7K
Long Term Debt	5.8M	1.7M	2.1M	3.3M	3.0M	3.0M
Cash And Short Term Investments	3.2M	1.2M	20.3M	6.6M	7.5M	7.6M
Net Receivables	161.5K	672.5K	745.9K	477.9K	549.6K	546.3K
Liabilities And Stockholders Equity	17.4M	6.6M	23.4M	19.4M	22.4M	17.8M
Non Current Liabilities Total	5.8M	1.7M	2.1M	4.3M	3.8M	3.2M
Other Current Assets	3.8M	3.0M	1.0M	4.9M	5.6M	3.0M
Total Liab	24.8M	14.3M	14.7M	15.1M	13.6M	14.4M
Net Invested Capital	1.3M	(4.5M)	12.2M	7.8M	9.0M	9.4M
Short Long Term Debt	2.6M	1.4M	1.2M	48.8K	43.9K	41.7K
Total Current Assets	5.1M	5.5M	22.1M	12.1M	13.9M	10.8M
Accumulated Other Comprehensive Income	(248.9K)	(819.3K)	146.4K	(214.0K)	(246.1K)	(258.4K)
Net Working Capital	(13.9M)	(7.0M)	9.5M	1.2M	1.4M	1.5M
Short Term Debt	294.0K	2.9M	1.2M	600.2K	540.1K	513.1K

Pair Trading with Golden Sun

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Golden Sun position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Golden Sun will appreciate offsetting losses from the drop in the long position's value.

Moving together with Golden Stock

0.81

Visionary Education

Pair Corr

Moving against Golden Stock

0.88	DAO	Youdao Inc	Pair Corr
0.83	QSG	QuantaSing Group	Pair Corr
0.72	TAL	TAL Education Group	Pair Corr
0.69	GHC	Graham Holdings	Pair Corr
0.6	JZ	Jianzhi Education	Pair Corr

The ability to find closely correlated positions to Golden Sun could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Golden Sun when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Golden Sun - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Golden Sun Education to buy it.

The correlation of Golden Sun is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Golden Sun moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Golden Sun Education moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Golden Sun can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Golden Sun Education offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Sun's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Golden Sun Education Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Sun Education Stock:

How To Invest In Golden

Details

Is Golden Stock a good investment?

Details

What is Golden Sun's Net Worth?

Details

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Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Sun. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Sun listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.74)

Earnings Share

(2.01)

Revenue Per Share

3.258

Quarterly Revenue Growth

0.051

Return On Assets

(0.11)

The market value of Golden Sun Education is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Sun's value that differs from its market value or its book value, called intrinsic value, which is Golden Sun's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Sun's market value can be influenced by many factors that don't directly affect Golden Sun's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Golden Sun's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Sun is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Sun's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Golden Historical Balance Sheet

Golden Sun Inventory

185,775

About Golden Balance Sheet Analysis

Golden Sun Balance Sheet Chart

Total Assets

Total Current Liabilities

Short Long Term Debt

Golden Sun balance sheet Correlations

Golden Sun Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Golden Sun balance sheet Accounts

Pair Trading with Golden Sun

Moving together with Golden Stock

Moving against Golden Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Currrent Assets Other
Long Term Debt	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.98	Non Current Assets Total
Non Current Liabilities Total	+ 0.98	Long Term Debt

Net Receivables	- 0.98	Property Plant And Equipment Net
Common Stock Shares Outstanding	- 0.97	Retained Earnings
Cash And Short Term Investments	- 0.97	Net Debt
Cash	- 0.97	Net Debt
Short Long Term Debt	- 0.93	Common Stock Shares Outstanding
Net Receivables	- 0.92	Non Current Assets Total