Gunpoint Non Currrent Assets Other vs Accounts Payable Analysis
GUN Stock | CAD 0.60 0.05 7.69% |
Gunpoint Exploration financial indicator trend analysis is much more than just examining Gunpoint Exploration latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gunpoint Exploration is a good investment. Please check the relationship between Gunpoint Exploration Non Currrent Assets Other and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gunpoint Exploration. 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.
Non Currrent Assets Other vs Accounts Payable
Non Currrent Assets Other vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gunpoint Exploration Non Currrent Assets Other account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Gunpoint Exploration's Non Currrent Assets Other and Accounts Payable is -0.71. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Gunpoint Exploration, assuming nothing else is changed. The correlation between historical values of Gunpoint Exploration's Non Currrent Assets Other and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Gunpoint Exploration are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Currrent Assets Other i.e., Gunpoint Exploration's Non Currrent Assets Other and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.71 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Accounts Payable
An accounting item on the balance sheet that represents Gunpoint Exploration obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Gunpoint Exploration are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Gunpoint Exploration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gunpoint Exploration 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 Gunpoint Exploration. 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 General Administrative is likely to drop to about 244.7 K in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
Gunpoint Exploration fundamental ratios Correlations
Click cells to compare fundamentals
Gunpoint Exploration Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gunpoint Exploration fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.5M | 8.1M | 7.4M | 8.3M | 7.5M | 6.3M | |
Total Current Liabilities | 988.8K | 1.1M | 1.3M | 127K | 51K | 48.5K | |
Total Stockholder Equity | 4.3M | 5.8M | 4.9M | 8.0M | 7.1M | 4.9M | |
Other Liab | 1.3M | 1.2M | 1.2M | 225K | 258.8K | 245.8K | |
Net Tangible Assets | 4.3M | 5.8M | 4.9M | 8.0M | 7.2M | 4.8M | |
Retained Earnings | (48.7M) | (47.2M) | (48.1M) | (49.0M) | (50.0M) | (52.5M) | |
Accounts Payable | 16.1K | 47K | 231.3K | 127K | 114.3K | 78.2K | |
Cash | 653.5K | 385.2K | 83.6K | 1.1M | 1.3M | 699.2K | |
Other Assets | 227.8K | 223.4K | 223.5K | 237K | 272.6K | 218.1K | |
Net Receivables | 6.5K | 1.7K | 27K | 43K | 36K | 23.5K | |
Other Stockholder Equity | 1.8M | 1.8M | 1.9M | 43.7M | 50.2M | 52.7M | |
Total Liab | 2.2M | 2.3M | 2.5M | 352K | 361K | 343.0K | |
Long Term Investments | 442.2K | 2.0M | 1.3M | 890K | 1.0M | 1.6M | |
Total Current Assets | 660K | 390.5K | 111.4K | 1.2M | 1.8M | 1.9M | |
Property Plant Equipment | 5.2M | 5.5M | 5.8M | 6.0M | 5.4M | 5.1M | |
Non Current Assets Total | 5.8M | 7.7M | 7.3M | 7.1M | 5.7M | 5.4M | |
Non Currrent Assets Other | 5.8M | 223.4K | 223.5K | 237K | 322K | 305.9K | |
Non Current Liabilities Total | 1.3M | 1.2M | 1.2M | 225K | 310K | 294.5K | |
Net Invested Capital | 5.0M | 6.5M | 5.6M | 8.0M | 7.2M | 6.9M | |
Net Working Capital | (328.8K) | (664.2K) | (1.2M) | 1.1M | 1.8M | 1.9M |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Gunpoint Stock Analysis
When running Gunpoint Exploration's price analysis, check to measure Gunpoint Exploration'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 Gunpoint Exploration is operating at the current time. Most of Gunpoint Exploration's value examination focuses on studying past and present price action to predict the probability of Gunpoint Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gunpoint Exploration's price. Additionally, you may evaluate how the addition of Gunpoint Exploration to your portfolios can decrease your overall portfolio volatility.