Galway Common Stock vs Total Stockholder Equity Analysis

GWM Stock  CAD 0.46  0.01  2.22%   
Galway Metals financial indicator trend analysis is much more than just examining Galway Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Galway Metals is a good investment. Please check the relationship between Galway Metals Common Stock and its Total Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galway Metals. 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.

Common Stock vs Total Stockholder Equity

Common Stock vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Galway Metals Common Stock account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Galway Metals' Common Stock and Total Stockholder Equity is 0.47. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Galway Metals, assuming nothing else is changed. The correlation between historical values of Galway Metals' Common Stock and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Galway Metals are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Common Stock i.e., Galway Metals' Common Stock and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Galway Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Galway Metals 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 Galway Metals. 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 2.5 M in 2024. Issuance Of Capital Stock is likely to drop to about 3.4 M in 2024
 2021 2022 2023 2024 (projected)
Interest Income1.6K535.0138.0K144.9K
Net Interest Income1.6K535.0138.0K144.9K

Galway Metals fundamental ratios Correlations

0.910.970.57-0.26-0.510.270.550.120.270.580.20.910.370.580.830.710.280.870.93-0.09-0.09-0.080.580.95-0.09
0.910.780.71-0.03-0.610.040.680.10.040.70.241.00.150.690.80.90.570.920.99-0.07-0.320.030.720.91-0.07
0.970.780.44-0.38-0.40.380.420.110.380.450.160.780.470.470.780.530.10.780.81-0.090.04-0.140.450.89-0.09
0.570.710.440.01-0.410.010.46-0.040.010.560.210.720.090.570.440.680.560.650.660.36-0.30.320.570.610.36
-0.26-0.03-0.380.01-0.65-1.00.660.74-1.00.490.05-0.03-0.990.470.080.090.620.0-0.06-0.62-0.50.40.510.01-0.62
-0.51-0.61-0.4-0.41-0.650.64-0.97-0.830.64-0.92-0.35-0.620.57-0.92-0.7-0.5-0.65-0.56-0.620.630.33-0.23-0.93-0.690.63
0.270.040.380.01-1.00.64-0.65-0.741.0-0.48-0.040.040.99-0.46-0.08-0.09-0.610.010.070.630.51-0.39-0.490.00.63
0.550.680.420.460.66-0.97-0.650.74-0.650.90.20.68-0.570.890.730.620.760.660.67-0.58-0.490.280.910.74-0.58
0.120.10.11-0.040.74-0.83-0.740.74-0.740.650.290.12-0.720.670.42-0.010.340.140.14-0.79-0.150.20.640.32-0.79
0.270.040.380.01-1.00.641.0-0.65-0.74-0.48-0.040.040.99-0.46-0.08-0.09-0.610.010.070.630.51-0.39-0.490.00.63
0.580.70.450.560.49-0.92-0.480.90.65-0.480.350.71-0.390.990.780.550.690.630.68-0.33-0.320.231.00.7-0.33
0.20.240.160.210.05-0.35-0.040.20.29-0.040.350.24-0.020.340.310.080.030.170.24-0.160.15-0.090.340.27-0.16
0.911.00.780.72-0.03-0.620.040.680.120.040.710.240.150.70.80.90.560.90.99-0.08-0.30.030.730.91-0.08
0.370.150.470.09-0.990.570.99-0.57-0.720.99-0.39-0.020.15-0.380.030.02-0.530.120.170.620.44-0.38-0.410.10.62
0.580.690.470.570.47-0.92-0.460.890.67-0.460.990.340.7-0.380.770.520.670.60.67-0.32-0.290.260.990.7-0.32
0.830.80.780.440.08-0.7-0.080.730.42-0.080.780.310.80.030.770.590.530.850.82-0.27-0.360.050.770.9-0.27
0.710.90.530.680.09-0.5-0.090.62-0.01-0.090.550.080.90.020.520.590.660.870.86-0.07-0.520.070.580.75-0.07
0.280.570.10.560.62-0.65-0.610.760.34-0.610.690.030.56-0.530.670.530.660.580.52-0.19-0.860.550.70.5-0.19
0.870.920.780.650.0-0.560.010.660.140.010.630.170.90.120.60.850.870.580.89-0.13-0.50.030.640.93-0.13
0.930.990.810.66-0.06-0.620.070.670.140.070.680.240.990.170.670.820.860.520.89-0.13-0.270.00.70.93-0.13
-0.09-0.07-0.090.36-0.620.630.63-0.58-0.790.63-0.33-0.16-0.080.62-0.32-0.27-0.07-0.19-0.13-0.130.180.03-0.34-0.271.0
-0.09-0.320.04-0.3-0.50.330.51-0.49-0.150.51-0.320.15-0.30.44-0.29-0.36-0.52-0.86-0.5-0.270.18-0.47-0.33-0.320.18
-0.080.03-0.140.320.4-0.23-0.390.280.2-0.390.23-0.090.03-0.380.260.050.070.550.030.00.03-0.470.190.070.03
0.580.720.450.570.51-0.93-0.490.910.64-0.491.00.340.73-0.410.990.770.580.70.640.7-0.34-0.330.190.71-0.34
0.950.910.890.610.01-0.690.00.740.320.00.70.270.910.10.70.90.750.50.930.93-0.27-0.320.070.71-0.27
-0.09-0.07-0.090.36-0.620.630.63-0.58-0.790.63-0.33-0.16-0.080.62-0.32-0.27-0.07-0.19-0.13-0.131.00.180.03-0.34-0.27
Click cells to compare fundamentals

Galway Metals Account Relationship Matchups

Galway Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.7M24.7M20.7M16.2M14.2M16.2M
Total Current Liabilities1.3M4.3M4.3M1.5M1.4M1.4M
Total Stockholder Equity11.4M20.4M16.3M14.6M12.8M14.8M
Property Plant And Equipment Net5.8M7.6M9.1M9.7M1.3M1.3M
Net Debt(6.1M)(15.4M)(10.4M)(5.6M)(3.2M)(3.4M)
Retained Earnings(21.5M)(33.4M)(49.5M)(60.3M)(65.7M)(62.4M)
Cash6.1M15.4M10.7M5.8M3.3M3.2M
Non Current Assets Total5.8M7.7M9.2M9.7M10.4M10.9M
Non Currrent Assets Other54.5K53.5K53.2K9.1M10.4M11.0M
Cash And Short Term Investments6.1M15.4M10.7M5.8M3.3M3.2M
Common Stock Shares Outstanding38.2M49.6M58.7M64.1M72.2M38.6M
Liabilities And Stockholders Equity12.7M24.7M20.7M16.2M14.2M16.2M
Other Stockholder Equity3.4M7.2M9.0M9.5M9.7M7.2M
Total Liab1.3M4.3M4.5M1.6M1.5M1.4M
Total Current Assets6.9M17.1M11.6M6.5M3.8M3.6M
Accumulated Other Comprehensive Income181.8K188.7K156.4K149.0K117.7K123.6K
Common Stock29.4M46.4M56.6M65.3M68.6M35.6M
Net Tangible Assets11.8M11.4M20.4M14.6M16.8M13.7M
Accounts Payable656.8K845.2K892.0K237.1K272.7K432.0K
Other Assets52.7K57.3K54.5K53.5K61.5K37.7K
Net Receivables684.4K1.7M867.8K540.3K438.1K629.7K
Other Current Liab595.7K4.3M4.2M1.4M1.3M1.7M
Other Current Assets74.8K36.0K49.1K115.2K39.3K51.7K
Property Plant Equipment4.8M5.8M7.6M9.7M11.2M6.3M
Net Invested Capital11.4M20.4M16.5M14.8M12.9M15.5M
Net Working Capital5.6M12.7M7.3M5.0M2.4M2.3M
Capital Stock29.4M46.4M56.6M65.3M68.6M53.2M

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Additional Tools for Galway Stock Analysis

When running Galway Metals' price analysis, check to measure Galway Metals' 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 Galway Metals is operating at the current time. Most of Galway Metals' value examination focuses on studying past and present price action to predict the probability of Galway Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galway Metals' price. Additionally, you may evaluate how the addition of Galway Metals to your portfolios can decrease your overall portfolio volatility.