Labrador Selling General Administrative vs Total Current Assets Analysis

LAB Stock

CAD 0.07 0.01 12.50%

Labrador Gold financial indicator trend analysis is infinitely more than just investigating Labrador Gold Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Labrador Gold Corp is a good investment. Please check the relationship between Labrador Gold Selling General Administrative and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Labrador Gold Corp. 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 vs Total Current Assets

Selling General Administrative vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Labrador Gold Corp Selling General Administrative account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Labrador Gold's Selling General Administrative and Total Current Assets is 0.55. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Labrador Gold Corp, assuming nothing else is changed. The correlation between historical values of Labrador Gold's Selling General Administrative and Total Current Assets 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 General Administrative of Labrador Gold Corp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Selling General Administrative i.e., Labrador Gold's Selling General Administrative and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

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Selling General Administrative

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Labrador Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Labrador Gold Corp 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Labrador Gold Corp. 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 climb to about 904.4 K in 2025, despite the fact that Tax Provision is likely to grow to (699.2 K).

Labrador Gold fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Cash	Non Current Assets Total	Net Receivables	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Accounts Payable	Capital Stock	Property Plant And Equipment Net	Property Plant And Equipment Gross	Other Liab
Total Assets		0.91	0.79	1.0	0.91	-0.62	0.83	0.85	0.88	0.92	0.83	0.83	0.91	0.84	0.95	1.0	0.82	0.78	0.94	0.71	0.71	-0.22
Other Current Liab	0.91		0.57	0.91	0.99	-0.84	0.7	0.69	0.75	0.96	0.58	0.93	0.99	0.95	0.94	0.92	0.93	0.93	0.95	0.48	0.48	-0.55
Total Current Liabilities	0.79	0.57		0.78	0.54	-0.1	0.92	0.7	0.87	0.58	0.92	0.57	0.53	0.37	0.6	0.78	0.55	0.3	0.59	0.65	0.65	0.13
Total Stockholder Equity	1.0	0.91	0.78		0.92	-0.63	0.82	0.84	0.87	0.92	0.83	0.84	0.91	0.85	0.96	1.0	0.82	0.79	0.95	0.7	0.7	-0.23
Net Tangible Assets	0.91	0.99	0.54	0.92		-0.86	0.69	0.7	0.72	0.99	0.57	0.93	1.0	0.97	0.96	0.93	0.93	0.93	0.96	0.48	0.48	-0.56
Retained Earnings	-0.62	-0.84	-0.1	-0.63	-0.86		-0.33	-0.33	-0.31	-0.83	-0.1	-0.82	-0.87	-0.89	-0.8	-0.65	-0.83	-0.88	-0.82	-0.09	-0.09	0.63
Cash	0.83	0.7	0.92	0.82	0.69	-0.33		0.59	0.82	0.73	0.81	0.79	0.68	0.51	0.7	0.82	0.78	0.45	0.69	0.46	0.46	-0.11
Non Current Assets Total	0.85	0.69	0.7	0.84	0.7	-0.33	0.59		0.87	0.69	0.88	0.48	0.69	0.7	0.72	0.85	0.46	0.64	0.71	0.94	0.94	-0.11
Net Receivables	0.88	0.75	0.87	0.87	0.72	-0.31	0.82	0.87		0.72	0.93	0.64	0.71	0.65	0.73	0.87	0.62	0.59	0.71	0.78	0.78	-0.11
Other Stockholder Equity	0.92	0.96	0.58	0.92	0.99	-0.83	0.73	0.69	0.72		0.58	0.94	0.98	0.94	0.96	0.93	0.93	0.87	0.94	0.45	0.45	-0.53
Total Liab	0.83	0.58	0.92	0.83	0.57	-0.1	0.81	0.88	0.93	0.58		0.48	0.55	0.47	0.63	0.82	0.46	0.42	0.63	0.87	0.87	0.15
Total Current Assets	0.83	0.93	0.57	0.84	0.93	-0.82	0.79	0.48	0.64	0.94	0.48		0.93	0.84	0.88	0.85	1.0	0.8	0.89	0.24	0.24	-0.55
Common Stock	0.91	0.99	0.53	0.91	1.0	-0.87	0.68	0.69	0.71	0.98	0.55	0.93		0.97	0.95	0.92	0.93	0.94	0.96	0.47	0.47	-0.57
Property Plant Equipment	0.84	0.95	0.37	0.85	0.97	-0.89	0.51	0.7	0.65	0.94	0.47	0.84	0.97		0.92	0.86	0.84	0.97	0.92	0.49	0.49	-0.6
Common Stock Shares Outstanding	0.95	0.94	0.6	0.96	0.96	-0.8	0.7	0.72	0.73	0.96	0.63	0.88	0.95	0.92		0.96	0.87	0.85	0.98	0.53	0.53	-0.34
Net Invested Capital	1.0	0.92	0.78	1.0	0.93	-0.65	0.82	0.85	0.87	0.93	0.82	0.85	0.92	0.86	0.96		0.84	0.8	0.95	0.7	0.7	-0.26
Net Working Capital	0.82	0.93	0.55	0.82	0.93	-0.83	0.78	0.46	0.62	0.93	0.46	1.0	0.93	0.84	0.87	0.84		0.81	0.89	0.22	0.22	-0.56
Accounts Payable	0.78	0.93	0.3	0.79	0.93	-0.88	0.45	0.64	0.59	0.87	0.42	0.8	0.94	0.97	0.85	0.8	0.81		0.9	0.47	0.47	-0.63
Capital Stock	0.94	0.95	0.59	0.95	0.96	-0.82	0.69	0.71	0.71	0.94	0.63	0.89	0.96	0.92	0.98	0.95	0.89	0.9		0.55	0.55	-0.36
Property Plant And Equipment Net	0.71	0.48	0.65	0.7	0.48	-0.09	0.46	0.94	0.78	0.45	0.87	0.24	0.47	0.49	0.53	0.7	0.22	0.47	0.55		1.0	0.13
Property Plant And Equipment Gross	0.71	0.48	0.65	0.7	0.48	-0.09	0.46	0.94	0.78	0.45	0.87	0.24	0.47	0.49	0.53	0.7	0.22	0.47	0.55	1.0		0.13
Other Liab	-0.22	-0.55	0.13	-0.23	-0.56	0.63	-0.11	-0.11	-0.11	-0.53	0.15	-0.55	-0.57	-0.6	-0.34	-0.26	-0.56	-0.63	-0.36	0.13	0.13

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Labrador Gold Account Relationship Matchups

Labrador Gold fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	46.4M	50.8M	50.5M	31.4M	36.2M	25.4M
Total Current Liabilities	1.6M	926.8K	999.3K	140.2K	161.2K	153.1K
Total Stockholder Equity	44.8M	48.9M	48.6M	31.3M	36.0M	24.6M
Net Tangible Assets	6.6M	13.6M	44.8M	48.9M	56.3M	59.1M
Retained Earnings	(15.5M)	(16.6M)	(17.4M)	(34.9M)	(31.4M)	(29.8M)
Cash	33.2M	21.4M	10.1M	6.1M	7.0M	9.6M
Non Current Assets Total	12.6M	28.8M	39.8M	7.1M	8.1M	13.3M
Net Receivables	456.1K	559.6K	482.3K	117.6K	135.2K	248.4K
Other Stockholder Equity	1.1M	2.7M	4.7M	4.4M	5.1M	5.3M
Total Liab	1.6M	1.9M	1.8M	140.2K	161.2K	153.1K
Total Current Assets	33.8M	22.0M	10.6M	24.4M	28.0M	29.4M
Common Stock	16.2M	23.6M	55.5M	61.1M	70.3M	73.8M
Property Plant Equipment	6.4M	7.4M	12.6M	28.8M	33.2M	34.8M
Common Stock Shares Outstanding	93.4M	153.3M	169.2M	170.0M	195.5M	122.5M
Net Invested Capital	44.8M	48.9M	48.6M	31.3M	36.0M	27.6M
Net Working Capital	32.2M	21.1M	9.6M	24.2M	27.9M	29.3M
Accounts Payable	198.3K	194.4K	473.3K	924.2K	1.1M	1.1M
Capital Stock	23.6M	55.5M	61.1M	61.5M	70.7M	46.3M
Property Plant And Equipment Net	12.6M	28.8M	39.8M	7.1M	8.1M	7.7M
Property Plant And Equipment Gross	12.6M	28.8M	39.8M	7.1M	8.1M	7.7M

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