Gungnir Cash And Short Term Investments vs Long Term Investments Analysis

GUG Stock

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Gungnir Resources financial indicator trend analysis is much more than just examining Gungnir Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gungnir Resources is a good investment. Please check the relationship between Gungnir Resources Cash And Short Term Investments and its Long Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gungnir Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash And Short Term Investments vs Long Term Investments

Cash And Short Term Investments vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gungnir Resources Cash And Short Term Investments account and Long Term Investments. At this time, the significance of the direction appears to have strong relationship.

The correlation between Gungnir Resources' Cash And Short Term Investments and Long Term Investments is 0.62. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Gungnir Resources, assuming nothing else is changed. The correlation between historical values of Gungnir Resources' Cash And Short Term Investments and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Gungnir Resources are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Cash And Short Term Investments i.e., Gungnir Resources' Cash And Short Term Investments and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.62

Relationship Direction	Positive
Relationship Strength	Significant

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Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Gungnir Resources balance sheet. This account contains Gungnir Resources investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Gungnir Resources fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Long Term Investments

Long Term Investments is an item on the asset side of Gungnir Resources balance sheet that represents investments Gungnir Resources intends to hold for over a year. Gungnir Resources long term investments may include different instruments such as stocks, bonds, real estate and cash.

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

Enterprise Value is likely to climb to about 10 M in 2024, whereas Selling General Administrative is likely to drop slightly above 630.7 K in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	114.0	8.2K	39.5K	41.5K
Net Interest Income	114.0	8.2K	39.5K	41.5K

Interest Income Net Interest Income

Gungnir Resources fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Common Stock	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Total Liab	Total Current Assets	Inventory	Other Current Assets	Net Tangible Assets	Long Term Investments	Property Plant Equipment	Short Term Investments	Other Current Liab	Net Invested Capital
Total Assets		1.0	-0.25	0.45	-0.01	0.34	0.99	0.12	0.53	-0.07	-0.11	0.99	0.75	0.68	-0.06	0.75	0.34	0.09	0.03	-0.21	0.97	-0.15	0.97	0.01	0.07	-0.14
Total Stockholder Equity	1.0		-0.24	0.45	0.01	0.32	0.99	0.11	0.51	-0.08	-0.11	0.99	0.76	0.69	-0.05	0.74	0.32	0.1	0.03	-0.22	0.97	-0.15	0.97	-0.01	0.04	-0.12
Common Stock Shares Outstanding	-0.25	-0.24		0.01	0.68	-0.51	-0.33	-0.77	-0.72	-0.32	0.72	-0.33	-0.23	-0.02	0.72	-0.32	-0.51	0.68	-0.66	-0.21	-0.16	0.62	-0.3	-0.58	-0.54	0.87
Other Stockholder Equity	0.45	0.45	0.01		0.37	0.54	0.43	-0.17	-0.1	-0.29	0.17	0.43	0.54	0.45	0.16	0.8	0.54	0.31	-0.01	-0.34	0.48	-0.28	0.48	-0.22	0.29	-0.06
Common Stock	-0.01	0.01	0.68	0.37		-0.32	-0.06	-0.46	-0.83	-0.6	0.46	-0.05	0.25	0.4	0.48	0.0	-0.32	0.51	-0.23	-0.49	0.2	0.07	0.09	-0.7	-0.63	0.49
Total Current Liabilities	0.34	0.32	-0.51	0.54	-0.32		0.36	0.22	0.45	0.36	-0.2	0.36	0.15	0.02	-0.2	0.71	1.0	-0.15	0.3	-0.1	0.24	-0.3	0.32	0.46	0.84	-0.54
Property Plant And Equipment Net	0.99	0.99	-0.33	0.43	-0.06	0.36		0.25	0.56	-0.04	-0.25	1.0	0.77	0.67	-0.2	0.73	0.36	-0.05	0.03	-0.25	0.95	-0.25	0.98	0.02	0.08	-0.25
Net Debt	0.12	0.11	-0.77	-0.17	-0.46	0.22	0.25		0.48	0.22	-0.99	0.25	0.26	0.02	-0.98	0.08	0.22	-0.96	0.24	-0.14	0.06	-0.65	0.22	0.24	0.22	-0.89
Retained Earnings	0.53	0.51	-0.72	-0.1	-0.83	0.45	0.56	0.48		0.49	-0.47	0.56	0.16	0.01	-0.46	0.39	0.45	-0.41	0.23	0.3	0.34	-0.08	0.42	0.62	0.59	-0.48
Accounts Payable	-0.07	-0.08	-0.32	-0.29	-0.6	0.36	-0.04	0.22	0.49		-0.22	-0.05	-0.19	-0.33	-0.24	-0.06	0.36	-0.29	0.12	0.24	-0.21	0.2	-0.15	0.59	0.51	-0.29
Cash	-0.11	-0.11	0.72	0.17	0.46	-0.2	-0.25	-0.99	-0.47	-0.22		-0.25	-0.25	-0.01	0.99	-0.07	-0.2	0.96	-0.13	0.17	-0.04	0.64	-0.21	-0.22	-0.2	0.87
Non Current Assets Total	0.99	0.99	-0.33	0.43	-0.05	0.36	1.0	0.25	0.56	-0.05	-0.25		0.77	0.67	-0.2	0.74	0.36	-0.05	0.03	-0.25	0.95	-0.25	0.98	0.02	0.08	-0.25
Non Currrent Assets Other	0.75	0.76	-0.23	0.54	0.25	0.15	0.77	0.26	0.16	-0.19	-0.25	0.77		0.9	-0.21	0.63	0.15	-0.03	0.1	-0.34	0.81	-0.48	0.83	-0.21	-0.16	-0.28
Other Assets	0.68	0.69	-0.02	0.45	0.4	0.02	0.67	0.02	0.01	-0.33	-0.01	0.67	0.9		0.01	0.48	0.02	0.18	0.05	-0.27	0.77	-0.3	0.74	-0.28	-0.27	-0.02
Cash And Short Term Investments	-0.06	-0.05	0.72	0.16	0.48	-0.2	-0.2	-0.98	-0.46	-0.24	0.99	-0.2	-0.21	0.01		-0.03	-0.2	0.98	-0.14	0.14	0.02	0.62	-0.15	-0.23	-0.25	0.87
Net Receivables	0.75	0.74	-0.32	0.8	0.0	0.71	0.73	0.08	0.39	-0.06	-0.07	0.74	0.63	0.48	-0.03		0.71	0.13	0.13	-0.22	0.69	-0.3	0.72	0.07	0.44	-0.27
Total Liab	0.34	0.32	-0.51	0.54	-0.32	1.0	0.36	0.22	0.45	0.36	-0.2	0.36	0.15	0.02	-0.2	0.71		-0.15	0.3	-0.1	0.24	-0.3	0.32	0.46	0.84	-0.54
Total Current Assets	0.09	0.1	0.68	0.31	0.51	-0.15	-0.05	-0.96	-0.41	-0.29	0.96	-0.05	-0.03	0.18	0.98	0.13	-0.15		-0.14	0.07	0.17	0.56	0.0	-0.25	-0.23	0.83
Inventory	0.03	0.03	-0.66	-0.01	-0.23	0.3	0.03	0.24	0.23	0.12	-0.13	0.03	0.1	0.05	-0.14	0.13	0.3	-0.14		0.27	0.07	-0.41	0.11	0.32	0.25	-0.43
Other Current Assets	-0.21	-0.22	-0.21	-0.34	-0.49	-0.1	-0.25	-0.14	0.3	0.24	0.17	-0.25	-0.34	-0.27	0.14	-0.22	-0.1	0.07	0.27		-0.29	0.1	-0.31	0.48	0.17	0.12
Net Tangible Assets	0.97	0.97	-0.16	0.48	0.2	0.24	0.95	0.06	0.34	-0.21	-0.04	0.95	0.81	0.77	0.02	0.69	0.24	0.17	0.07	-0.29		-0.2	0.98	-0.13	-0.11	-0.07
Long Term Investments	-0.15	-0.15	0.62	-0.28	0.07	-0.3	-0.25	-0.65	-0.08	0.2	0.64	-0.25	-0.48	-0.3	0.62	-0.3	-0.3	0.56	-0.41	0.1	-0.2		-0.34	-0.05	-0.06	0.79
Property Plant Equipment	0.97	0.97	-0.3	0.48	0.09	0.32	0.98	0.22	0.42	-0.15	-0.21	0.98	0.83	0.74	-0.15	0.72	0.32	0.0	0.11	-0.31	0.98	-0.34		-0.07	-0.03	-0.25
Short Term Investments	0.01	-0.01	-0.58	-0.22	-0.7	0.46	0.02	0.24	0.62	0.59	-0.22	0.02	-0.21	-0.28	-0.23	0.07	0.46	-0.25	0.32	0.48	-0.13	-0.05	-0.07		0.62	-0.42
Other Current Liab	0.07	0.04	-0.54	0.29	-0.63	0.84	0.08	0.22	0.59	0.51	-0.2	0.08	-0.16	-0.27	-0.25	0.44	0.84	-0.23	0.25	0.17	-0.11	-0.06	-0.03	0.62		-0.45
Net Invested Capital	-0.14	-0.12	0.87	-0.06	0.49	-0.54	-0.25	-0.89	-0.48	-0.29	0.87	-0.25	-0.28	-0.02	0.87	-0.27	-0.54	0.83	-0.43	0.12	-0.07	0.79	-0.25	-0.42	-0.45

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Gungnir Resources Account Relationship Matchups

Gungnir Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.4M	3.5M	3.9M	5.7M	5.1M	4.9M
Total Stockholder Equity	3.2M	3.4M	3.9M	5.7M	5.0M	4.6M
Common Stock Shares Outstanding	66.1M	69.2M	83.8M	114.2M	119.6M	125.6M
Liabilities And Stockholders Equity	3.4M	3.5M	3.9M	5.7M	5.1M	4.9M
Other Stockholder Equity	6.7M	6.8M	6.8M	6.8M	6.8M	8.4M
Common Stock	30.2M	30.6M	31.8M	33.4M	38.4M	30.4M
Total Current Liabilities	132.5K	24.3K	50.3K	51.4K	49.5K	47.0K
Property Plant And Equipment Net	1.8M	2.1M	2.7M	3.2M	3.7M	4.1M
Net Debt	(1.6M)	(1.2M)	(1.2M)	(2.5M)	(1.3M)	(1.2M)
Retained Earnings	(34.3M)	(34.9M)	(35.8M)	(36.8M)	(37.5M)	(35.6M)
Accounts Payable	19.7K	24.3K	50.3K	51.4K	46.3K	44.0K
Cash	1.6M	1.2M	1.2M	2.5M	1.3M	873.1K
Non Current Assets Total	1.8M	2.2M	2.7M	3.2M	3.8M	4.1M
Non Currrent Assets Other	23.5K	39.3K	35.8K	28.9K	29.6K	33.3K
Other Assets	23.5K	39.3K	35.8K	28.9K	33.2K	27.2K
Cash And Short Term Investments	1.6M	1.2M	1.2M	2.5M	1.3M	958.0K
Net Receivables	9.6K	12.0K	7.4K	18.0K	10.7K	10.2K
Total Liab	132.5K	24.3K	50.3K	51.4K	49.5K	47.0K
Total Current Assets	1.6M	1.3M	1.2M	2.5M	1.3M	1.1M
Accumulated Other Comprehensive Income	558.9K	960.4K	1.1M	2.3M	2.3M	2.4M
Net Tangible Assets	3.2M	3.4M	3.9M	5.7M	5.1M	3.3M
Long Term Investments	11.6K	11.6K	11.5K	29.2K	29.6K	17.5K
Property Plant Equipment	1.8M	2.1M	2.7M	3.2M	2.8M	2.6M
Short Term Investments	690.8K	489.9K	1.0M	11.5K	10.4K	9.8K
Other Current Liab	132.5K	24.3K	50.3K	51.4K	49.5K	47.0K
Net Invested Capital	3.2M	3.4M	3.9M	5.7M	5.0M	3.9M
Net Working Capital	1.4M	1.3M	1.2M	2.5M	1.3M	1.4M
Capital Stock	30.2M	30.6M	31.8M	33.4M	38.4M	34.8M

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