Liberty Property Plant And Equipment Gross vs Short Long Term Debt Analysis

LGD Stock  CAD 0.30  0.01  3.45%   
Liberty Gold financial indicator trend analysis is infinitely more than just investigating Liberty Gold Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Liberty Gold Corp is a good investment. Please check the relationship between Liberty Gold Property Plant And Equipment Gross and its Short Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Liberty 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.

Property Plant And Equipment Gross vs Short Long Term Debt

Property Plant And Equipment Gross vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Liberty Gold Corp Property Plant And Equipment Gross account and Short Long Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Liberty Gold's Property Plant And Equipment Gross and Short Long Term Debt is 0.31. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Liberty Gold Corp, assuming nothing else is changed. The correlation between historical values of Liberty Gold's Property Plant And Equipment Gross and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Liberty Gold Corp are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Property Plant And Equipment Gross i.e., Liberty Gold's Property Plant And Equipment Gross and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Property Plant And Equipment Gross

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
Most indicators from Liberty Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Liberty 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 Liberty 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.
At this time, Liberty Gold's Issuance Of Capital Stock is very stable compared to the past year. As of the 27th of November 2024, Enterprise Value is likely to grow to about 80.8 M, while Selling General Administrative is likely to drop about 1.5 M.
 2021 2022 2023 2024 (projected)
Tax Provision805.9K59.4K422.8K322.6K
Minority Interest546.2K227.3K616.3K585.4K

Liberty Gold fundamental ratios Correlations

-0.08-0.010.950.73-0.430.130.440.930.450.430.16-0.16-0.130.34-0.050.730.410.610.150.110.470.420.250.39-0.23
-0.080.99-0.22-0.13-0.31-0.50.32-0.21-0.140.150.780.60.59-0.150.97-0.120.310.060.760.150.16-0.070.43-0.09-0.35
-0.010.99-0.14-0.12-0.39-0.50.4-0.16-0.080.230.80.590.58-0.150.97-0.10.380.090.820.170.220.040.46-0.05-0.37
0.95-0.22-0.140.54-0.480.310.470.830.620.550.08-0.3-0.330.25-0.210.530.510.56-0.010.180.450.60.090.540.02
0.73-0.13-0.120.540.03-0.04-0.040.88-0.11-0.19-0.040.020.080.54-0.061.0-0.190.440.14-0.240.3-0.240.3-0.09-0.54
-0.43-0.31-0.39-0.480.030.17-0.99-0.1-0.19-0.9-0.35-0.23-0.180.14-0.370.02-0.920.01-0.33-0.68-0.42-0.67-0.38-0.040.13
0.13-0.5-0.50.31-0.040.17-0.20.150.360.04-0.17-0.9-0.930.1-0.66-0.07-0.01-0.12-0.540.07-0.450.24-0.850.320.79
0.440.320.40.47-0.04-0.99-0.20.10.190.910.340.230.21-0.150.38-0.030.930.00.340.680.40.680.380.04-0.15
0.93-0.21-0.160.830.88-0.10.150.10.350.070.01-0.18-0.140.4-0.180.870.050.670.07-0.150.360.140.220.34-0.31
0.45-0.14-0.080.62-0.11-0.190.360.190.350.370.11-0.32-0.46-0.36-0.21-0.130.340.64-0.140.090.140.69-0.050.970.34
0.430.150.230.55-0.19-0.90.040.910.070.370.22-0.06-0.06-0.030.15-0.190.98-0.030.140.660.410.810.090.220.2
0.160.780.80.08-0.04-0.35-0.170.340.010.110.220.360.27-0.120.72-0.030.390.160.670.040.130.080.250.12-0.19
-0.160.60.59-0.30.02-0.23-0.90.23-0.18-0.32-0.060.360.89-0.150.760.050.020.140.54-0.110.37-0.280.84-0.27-0.72
-0.130.590.58-0.330.08-0.18-0.930.21-0.14-0.46-0.060.270.89-0.040.740.110.010.050.56-0.110.23-0.320.75-0.4-0.72
0.34-0.15-0.150.250.540.140.1-0.150.4-0.36-0.03-0.12-0.15-0.04-0.130.54-0.08-0.06-0.01-0.260.35-0.29-0.21-0.29-0.04
-0.050.970.97-0.21-0.06-0.37-0.660.38-0.18-0.210.150.720.760.74-0.13-0.030.290.080.820.090.28-0.080.61-0.16-0.51
0.73-0.12-0.10.531.00.02-0.07-0.030.87-0.13-0.19-0.030.050.110.54-0.03-0.190.440.17-0.250.31-0.240.33-0.11-0.55
0.410.310.380.51-0.19-0.92-0.010.930.050.340.980.390.020.01-0.080.29-0.19-0.020.250.680.390.770.130.20.13
0.610.060.090.560.440.01-0.120.00.670.64-0.030.160.140.05-0.060.080.44-0.020.11-0.290.340.220.420.69-0.31
0.150.760.82-0.010.14-0.33-0.540.340.07-0.140.140.670.540.56-0.010.820.170.250.11-0.080.350.030.55-0.11-0.55
0.110.150.170.18-0.24-0.680.070.68-0.150.090.660.04-0.11-0.11-0.260.09-0.250.68-0.29-0.080.140.530.02-0.10.09
0.470.160.220.450.3-0.42-0.450.40.360.140.410.130.370.230.350.280.310.390.340.350.140.260.580.11-0.45
0.42-0.070.040.6-0.24-0.670.240.680.140.690.810.08-0.28-0.32-0.29-0.08-0.240.770.220.030.530.26-0.020.550.3
0.250.430.460.090.3-0.38-0.850.380.22-0.050.090.250.840.75-0.210.610.330.130.420.550.020.58-0.02-0.06-0.86
0.39-0.09-0.050.54-0.09-0.040.320.040.340.970.220.12-0.27-0.4-0.29-0.16-0.110.20.69-0.11-0.10.110.55-0.060.32
-0.23-0.35-0.370.02-0.540.130.79-0.15-0.310.340.2-0.19-0.72-0.72-0.04-0.51-0.550.13-0.31-0.550.09-0.450.3-0.860.32
Click cells to compare fundamentals

Liberty Gold Account Relationship Matchups

Liberty Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets42.1M60.4M53.3M48.0M35.3M57.2M
Other Current Liab4.6M5.0M7.9M1.5M1.2M1.7M
Total Current Liabilities5.4M6.0M9.9M2.5M1.8M2.5M
Total Stockholder Equity26.2M44.2M32.8M38.9M27.6M33.4M
Property Plant And Equipment Net24.1M23.7M25.2M24.5M24.1M29.4M
Net Debt(13.8M)(16.3M)(16.6M)(19.4M)(8.9M)(9.3M)
Retained Earnings(186.6M)(179.2M)(208.9M)(226.5M)(246.4M)(234.1M)
Cash14.4M16.7M17.2M19.7M9.0M12.4M
Non Current Assets Total25.2M36.4M29.8M27.7M25.9M40.5M
Non Currrent Assets Other956.2K6.3M1.1M1.0M832.6K791.0K
Cash And Short Term Investments14.5M16.8M17.3M19.8M9.1M14.7M
Net Receivables58.3K6.2M6.1M137.6K61.7K58.6K
Common Stock Shares Outstanding216.7M280.3M270.1M310.5M326.3M174.5M
Liabilities And Stockholders Equity42.1M60.4M53.3M48.0M35.3M57.2M
Non Current Liabilities Total2.0M2.1M3.1M2.8M3.2M3.3M
Other Stockholder Equity29.6M29.6M29.2M30.8M31.4M37.7M
Total Liab7.4M8.1M13.0M5.4M4.9M3.8M
Property Plant And Equipment Gross24.1M23.7M27.4M27.2M26.0M29.9M
Total Current Assets16.9M24.0M23.6M20.2M9.4M16.7M
Accumulated Other Comprehensive Income(9.5M)(8.3M)(8.1M)(10.5M)(10.1M)(10.6M)
Net Tangible Assets24.2M26.2M44.2M32.8M37.7M36.3M
Accounts Payable620.8K801.1K1.7M744.0K389.3K629.6K
Other Current Assets2.2M923.4K219.7K397.98254.9K466.0K
Short Term Debt217.7K159.2K296.1K278.4K126.6K215.6K
Common Stock192.8M202.0M220.7M245.2M252.8M172.7M
Other Assets956.2K6.3M1.1M709.4K638.5K606.6K
Short Term Investments96.4K97.4K97.6K95.3K96.4K91.5K
Short Long Term Debt Total587.0K407.0K598.8K330.3K126.6K120.3K
Common Stock Total Equity167.3M179.7M192.8M202.0M232.3M180.7M
Other Liab1.6M1.9M2.8M2.8M3.2M3.3M
Long Term Investments106.8K6.3M3.5M2.2M966.7K918.3K
Property Plant Equipment24.1M23.7M25.2M24.5M22.0M23.5M
Capital Surpluse29.6M29.6M29.2M30.8M35.4M28.5M
Long Term Debt Total369.4K247.8K302.6K51.9K59.7K56.7K
Capital Lease Obligations723.4K407.0K598.8K330.3K126.6K120.3K
Non Current Liabilities Other22.0K22.9K141.2K28.1K24.9K23.6K

Pair Trading with Liberty Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Liberty Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Liberty Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Liberty Stock

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Moving against Liberty Stock

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  0.64JPM JPMorgan ChasePairCorr
The ability to find closely correlated positions to Liberty Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Liberty Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Liberty Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Liberty Gold Corp to buy it.
The correlation of Liberty Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Liberty Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Liberty Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Liberty Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Liberty Stock

Balance Sheet is a snapshot of the financial position of Liberty Gold Corp at a specified time, usually calculated after every quarter, six months, or one year. Liberty Gold Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Liberty Gold and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Liberty currently owns. An asset can also be divided into two categories, current and non-current.