Gungnir Selling And Marketing Expenses vs Selling General Administrative Analysis

GUG Stock  CAD 0.03  0.01  16.67%   
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 Selling And Marketing Expenses and its Selling General Administrative 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.

Selling And Marketing Expenses vs Selling General Administrative

Selling And Marketing Expenses vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gungnir Resources Selling And Marketing Expenses account and Selling General Administrative. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Gungnir Resources' Selling And Marketing Expenses and Selling General Administrative is 0.49. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Selling General Administrative 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' Selling And Marketing Expenses and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Gungnir Resources are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Selling And Marketing Expenses i.e., Gungnir Resources' Selling And Marketing Expenses and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Selling And Marketing Expenses

Selling General Administrative

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 Income114.08.2K39.5K41.5K
Net Interest Income114.08.2K39.5K41.5K

Gungnir Resources fundamental ratios Correlations

1.0-0.250.45-0.010.340.990.120.53-0.07-0.110.990.750.68-0.060.750.340.090.03-0.210.97-0.150.970.010.07-0.14
1.0-0.240.450.010.320.990.110.51-0.08-0.110.990.760.69-0.050.740.320.10.03-0.220.97-0.150.97-0.010.04-0.12
-0.25-0.240.010.68-0.51-0.33-0.77-0.72-0.320.72-0.33-0.23-0.020.72-0.32-0.510.68-0.66-0.21-0.160.62-0.3-0.58-0.540.87
0.450.450.010.370.540.43-0.17-0.1-0.290.170.430.540.450.160.80.540.31-0.01-0.340.48-0.280.48-0.220.29-0.06
-0.010.010.680.37-0.32-0.06-0.46-0.83-0.60.46-0.050.250.40.480.0-0.320.51-0.23-0.490.20.070.09-0.7-0.630.49
0.340.32-0.510.54-0.320.360.220.450.36-0.20.360.150.02-0.20.711.0-0.150.3-0.10.24-0.30.320.460.84-0.54
0.990.99-0.330.43-0.060.360.250.56-0.04-0.251.00.770.67-0.20.730.36-0.050.03-0.250.95-0.250.980.020.08-0.25
0.120.11-0.77-0.17-0.460.220.250.480.22-0.990.250.260.02-0.980.080.22-0.960.24-0.140.06-0.650.220.240.22-0.89
0.530.51-0.72-0.1-0.830.450.560.480.49-0.470.560.160.01-0.460.390.45-0.410.230.30.34-0.080.420.620.59-0.48
-0.07-0.08-0.32-0.29-0.60.36-0.040.220.49-0.22-0.05-0.19-0.33-0.24-0.060.36-0.290.120.24-0.210.2-0.150.590.51-0.29
-0.11-0.110.720.170.46-0.2-0.25-0.99-0.47-0.22-0.25-0.25-0.010.99-0.07-0.20.96-0.130.17-0.040.64-0.21-0.22-0.20.87
0.990.99-0.330.43-0.050.361.00.250.56-0.05-0.250.770.67-0.20.740.36-0.050.03-0.250.95-0.250.980.020.08-0.25
0.750.76-0.230.540.250.150.770.260.16-0.19-0.250.770.9-0.210.630.15-0.030.1-0.340.81-0.480.83-0.21-0.16-0.28
0.680.69-0.020.450.40.020.670.020.01-0.33-0.010.670.90.010.480.020.180.05-0.270.77-0.30.74-0.28-0.27-0.02
-0.06-0.050.720.160.48-0.2-0.2-0.98-0.46-0.240.99-0.2-0.210.01-0.03-0.20.98-0.140.140.020.62-0.15-0.23-0.250.87
0.750.74-0.320.80.00.710.730.080.39-0.06-0.070.740.630.48-0.030.710.130.13-0.220.69-0.30.720.070.44-0.27
0.340.32-0.510.54-0.321.00.360.220.450.36-0.20.360.150.02-0.20.71-0.150.3-0.10.24-0.30.320.460.84-0.54
0.090.10.680.310.51-0.15-0.05-0.96-0.41-0.290.96-0.05-0.030.180.980.13-0.15-0.140.070.170.560.0-0.25-0.230.83
0.030.03-0.66-0.01-0.230.30.030.240.230.12-0.130.030.10.05-0.140.130.3-0.140.270.07-0.410.110.320.25-0.43
-0.21-0.22-0.21-0.34-0.49-0.1-0.25-0.140.30.240.17-0.25-0.34-0.270.14-0.22-0.10.070.27-0.290.1-0.310.480.170.12
0.970.97-0.160.480.20.240.950.060.34-0.21-0.040.950.810.770.020.690.240.170.07-0.29-0.20.98-0.13-0.11-0.07
-0.15-0.150.62-0.280.07-0.3-0.25-0.65-0.080.20.64-0.25-0.48-0.30.62-0.3-0.30.56-0.410.1-0.2-0.34-0.05-0.060.79
0.970.97-0.30.480.090.320.980.220.42-0.15-0.210.980.830.74-0.150.720.320.00.11-0.310.98-0.34-0.07-0.03-0.25
0.01-0.01-0.58-0.22-0.70.460.020.240.620.59-0.220.02-0.21-0.28-0.230.070.46-0.250.320.48-0.13-0.05-0.070.62-0.42
0.070.04-0.540.29-0.630.840.080.220.590.51-0.20.08-0.16-0.27-0.250.440.84-0.230.250.17-0.11-0.06-0.030.62-0.45
-0.14-0.120.87-0.060.49-0.54-0.25-0.89-0.48-0.290.87-0.25-0.28-0.020.87-0.27-0.540.83-0.430.12-0.070.79-0.25-0.42-0.45
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Gungnir Resources Account Relationship Matchups

Gungnir Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4M3.5M3.9M5.7M5.1M4.9M
Total Stockholder Equity3.2M3.4M3.9M5.7M5.0M4.6M
Common Stock Shares Outstanding66.1M69.2M83.8M114.2M119.6M125.6M
Liabilities And Stockholders Equity3.4M3.5M3.9M5.7M5.1M4.9M
Other Stockholder Equity6.7M6.8M6.8M6.8M6.8M8.4M
Common Stock30.2M30.6M31.8M33.4M38.4M30.4M
Total Current Liabilities132.5K24.3K50.3K51.4K49.5K47.0K
Property Plant And Equipment Net1.8M2.1M2.7M3.2M3.7M4.1M
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 Payable19.7K24.3K50.3K51.4K46.3K44.0K
Cash1.6M1.2M1.2M2.5M1.3M873.1K
Non Current Assets Total1.8M2.2M2.7M3.2M3.8M4.1M
Non Currrent Assets Other23.5K39.3K35.8K28.9K29.6K33.3K
Other Assets23.5K39.3K35.8K28.9K33.2K27.2K
Cash And Short Term Investments1.6M1.2M1.2M2.5M1.3M958.0K
Net Receivables9.6K12.0K7.4K18.0K10.7K10.2K
Total Liab132.5K24.3K50.3K51.4K49.5K47.0K
Total Current Assets1.6M1.3M1.2M2.5M1.3M1.1M
Accumulated Other Comprehensive Income558.9K960.4K1.1M2.3M2.3M2.4M
Net Tangible Assets3.2M3.4M3.9M5.7M5.1M3.3M
Long Term Investments11.6K11.6K11.5K29.2K29.6K17.5K
Property Plant Equipment1.8M2.1M2.7M3.2M2.8M2.6M
Short Term Investments690.8K489.9K1.0M11.5K10.4K9.8K
Other Current Liab132.5K24.3K50.3K51.4K49.5K47.0K
Net Invested Capital3.2M3.4M3.9M5.7M5.0M3.9M
Net Working Capital1.4M1.3M1.2M2.5M1.3M1.4M
Capital Stock30.2M30.6M31.8M33.4M38.4M34.8M

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