Liberty Short Term Debt vs Total Current Assets Analysis

LGD Stock

CAD 0.32 0.02 6.67%

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 Short Term Debt and its Total Current Assets 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.

Short Term Debt vs Total Current Assets

Short Term Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Liberty Gold Corp Short Term Debt account and Total Current Assets. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Liberty Gold's Short Term Debt and Total Current Assets is 0.14. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Current Assets 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 Short Term Debt 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 Short Term Debt of Liberty 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 Short Term Debt i.e., Liberty Gold's Short Term Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.14

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Short Term Debt

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 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 24th 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 Provision	805.9K	59.4K	422.8K	322.6K
Minority Interest	546.2K	227.3K	616.3K	585.4K

Tax Provision Minority Interest

Liberty Gold fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Net Tangible Assets	Accounts Payable	Other Current Assets	Short Long Term Debt	Short Term Debt	Common Stock	Other Assets	Short Term Investments
Total Assets		-0.11	-0.01	0.95	0.73	-0.43	0.13	0.44	0.93	0.45	0.43	0.16	-0.16	-0.13	-0.16	-0.05	0.73	0.41	0.61	0.15	0.11	0.47	-0.15	0.25	0.39	-0.23
Other Current Liab	-0.11		0.98	-0.26	-0.12	-0.32	-0.52	0.33	-0.24	-0.23	0.14	0.74	0.62	0.62	0.1	0.97	-0.11	0.29	0.0	0.76	0.05	0.16	-0.1	0.43	-0.17	-0.38
Total Current Liabilities	-0.01	0.98		-0.14	-0.12	-0.39	-0.5	0.4	-0.16	-0.08	0.23	0.8	0.59	0.58	0.04	0.97	-0.1	0.38	0.09	0.83	0.04	0.22	-0.14	0.46	-0.05	-0.37
Total Stockholder Equity	0.95	-0.26	-0.14		0.54	-0.48	0.31	0.47	0.83	0.62	0.55	0.08	-0.3	-0.33	-0.14	-0.21	0.53	0.51	0.56	-0.02	0.2	0.45	-0.03	0.09	0.54	0.02
Property Plant And Equipment Net	0.73	-0.12	-0.12	0.54		0.03	-0.04	-0.04	0.88	-0.11	-0.19	-0.04	0.02	0.08	-0.14	-0.06	1.0	-0.19	0.44	0.14	-0.2	0.3	-0.25	0.3	-0.09	-0.54
Net Debt	-0.43	-0.32	-0.39	-0.48	0.03		0.17	-0.99	-0.1	-0.19	-0.9	-0.35	-0.23	-0.18	0.09	-0.37	0.02	-0.92	0.01	-0.32	-0.63	-0.42	0.1	-0.38	-0.04	0.13
Retained Earnings	0.13	-0.52	-0.5	0.31	-0.04	0.17		-0.2	0.15	0.36	0.04	-0.17	-0.9	-0.93	-0.06	-0.66	-0.07	-0.01	-0.12	-0.54	0.17	-0.45	0.31	-0.85	0.32	0.79
Cash	0.44	0.33	0.4	0.47	-0.04	-0.99	-0.2		0.1	0.19	0.91	0.34	0.23	0.21	-0.1	0.38	-0.03	0.93	0.0	0.33	0.62	0.4	-0.12	0.38	0.04	-0.15
Non Current Assets Total	0.93	-0.24	-0.16	0.83	0.88	-0.1	0.15	0.1		0.35	0.07	0.01	-0.18	-0.14	-0.21	-0.18	0.87	0.05	0.67	0.06	-0.13	0.36	-0.22	0.22	0.34	-0.31
Non Currrent Assets Other	0.45	-0.23	-0.08	0.62	-0.11	-0.19	0.36	0.19	0.35		0.37	0.11	-0.32	-0.46	-0.29	-0.21	-0.13	0.34	0.64	-0.14	0.08	0.14	-0.11	-0.05	0.97	0.34
Cash And Short Term Investments	0.43	0.14	0.23	0.55	-0.19	-0.9	0.04	0.91	0.07	0.37		0.22	-0.06	-0.06	0.12	0.15	-0.19	0.98	-0.03	0.13	0.63	0.41	0.19	0.09	0.22	0.2
Net Receivables	0.16	0.74	0.8	0.08	-0.04	-0.35	-0.17	0.34	0.01	0.11	0.22		0.36	0.27	-0.04	0.72	-0.03	0.39	0.16	0.68	-0.13	0.13	-0.11	0.25	0.12	-0.19
Common Stock Shares Outstanding	-0.16	0.62	0.59	-0.3	0.02	-0.23	-0.9	0.23	-0.18	-0.32	-0.06	0.36		0.89	0.0	0.76	0.05	0.02	0.14	0.54	-0.22	0.37	-0.35	0.84	-0.27	-0.72
Non Current Liabilities Total	-0.13	0.62	0.58	-0.33	0.08	-0.18	-0.93	0.21	-0.14	-0.46	-0.06	0.27	0.89		0.04	0.74	0.11	0.01	0.05	0.56	-0.23	0.23	-0.32	0.75	-0.4	-0.72
Other Stockholder Equity	-0.16	0.1	0.04	-0.14	-0.14	0.09	-0.06	-0.1	-0.21	-0.29	0.12	-0.04	0.0	0.04		0.04	-0.14	0.09	-0.29	0.04	-0.15	0.36	0.92	-0.28	-0.21	0.19
Total Liab	-0.05	0.97	0.97	-0.21	-0.06	-0.37	-0.66	0.38	-0.18	-0.21	0.15	0.72	0.76	0.74	0.04		-0.03	0.29	0.08	0.82	-0.03	0.28	-0.21	0.61	-0.16	-0.51
Property Plant And Equipment Gross	0.73	-0.11	-0.1	0.53	1.0	0.02	-0.07	-0.03	0.87	-0.13	-0.19	-0.03	0.05	0.11	-0.14	-0.03		-0.19	0.44	0.16	-0.21	0.31	-0.25	0.33	-0.11	-0.55
Total Current Assets	0.41	0.29	0.38	0.51	-0.19	-0.92	-0.01	0.93	0.05	0.34	0.98	0.39	0.02	0.01	0.09	0.29	-0.19		-0.02	0.25	0.61	0.39	0.14	0.13	0.2	0.13
Net Tangible Assets	0.61	0.0	0.09	0.56	0.44	0.01	-0.12	0.0	0.67	0.64	-0.03	0.16	0.14	0.05	-0.29	0.08	0.44	-0.02		0.1	-0.32	0.34	-0.35	0.42	0.69	-0.31
Accounts Payable	0.15	0.76	0.83	-0.02	0.14	-0.32	-0.54	0.33	0.06	-0.14	0.13	0.68	0.54	0.56	0.04	0.82	0.16	0.25	0.1		-0.14	0.33	-0.17	0.54	-0.11	-0.54
Other Current Assets	0.11	0.05	0.04	0.2	-0.2	-0.63	0.17	0.62	-0.13	0.08	0.63	-0.13	-0.22	-0.23	-0.15	-0.03	-0.21	0.61	-0.32	-0.14		0.13	-0.03	-0.05	-0.11	0.15
Short Long Term Debt	0.47	0.16	0.22	0.45	0.3	-0.42	-0.45	0.4	0.36	0.14	0.41	0.13	0.37	0.23	0.36	0.28	0.31	0.39	0.34	0.33	0.13		0.15	0.58	0.11	-0.45
Short Term Debt	-0.15	-0.1	-0.14	-0.03	-0.25	0.1	0.31	-0.12	-0.22	-0.11	0.19	-0.11	-0.35	-0.32	0.92	-0.21	-0.25	0.14	-0.35	-0.17	-0.03	0.15		-0.59	-0.06	0.54
Common Stock	0.25	0.43	0.46	0.09	0.3	-0.38	-0.85	0.38	0.22	-0.05	0.09	0.25	0.84	0.75	-0.28	0.61	0.33	0.13	0.42	0.54	-0.05	0.58	-0.59		-0.06	-0.86
Other Assets	0.39	-0.17	-0.05	0.54	-0.09	-0.04	0.32	0.04	0.34	0.97	0.22	0.12	-0.27	-0.4	-0.21	-0.16	-0.11	0.2	0.69	-0.11	-0.11	0.11	-0.06	-0.06		0.32
Short Term Investments	-0.23	-0.38	-0.37	0.02	-0.54	0.13	0.79	-0.15	-0.31	0.34	0.2	-0.19	-0.72	-0.72	0.19	-0.51	-0.55	0.13	-0.31	-0.54	0.15	-0.45	0.54	-0.86	0.32

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Liberty Gold Account Relationship Matchups

Liberty Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	42.1M	60.4M	53.3M	48.0M	35.3M	57.2M
Other Current Liab	4.6M	4.4M	6.9M	1.5M	1.2M	1.5M
Total Current Liabilities	5.4M	6.0M	9.9M	2.5M	1.8M	2.5M
Total Stockholder Equity	26.2M	44.2M	32.8M	38.9M	27.6M	33.4M
Property Plant And Equipment Net	24.1M	23.7M	25.2M	24.5M	24.1M	29.4M
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)
Cash	14.4M	16.7M	17.2M	19.7M	9.0M	12.4M
Non Current Assets Total	25.2M	36.4M	29.8M	27.7M	25.9M	40.5M
Non Currrent Assets Other	956.2K	6.3M	1.1M	1.0M	832.6K	791.0K
Cash And Short Term Investments	14.5M	16.8M	17.3M	19.8M	9.1M	14.7M
Net Receivables	58.3K	6.2M	6.1M	137.6K	61.7K	58.6K
Common Stock Shares Outstanding	216.7M	280.3M	270.1M	310.5M	326.3M	174.5M
Liabilities And Stockholders Equity	42.1M	60.4M	53.3M	48.0M	35.3M	57.2M
Non Current Liabilities Total	2.0M	2.1M	3.1M	2.8M	3.2M	3.3M
Other Stockholder Equity	29.6M	29.6M	29.2M	30.8M	31.4M	30.1M
Total Liab	7.4M	8.1M	13.0M	5.4M	4.9M	3.8M
Property Plant And Equipment Gross	24.1M	23.7M	27.4M	27.2M	26.0M	29.9M
Total Current Assets	16.9M	24.0M	23.6M	20.2M	9.4M	16.7M
Accumulated Other Comprehensive Income	(9.5M)	(8.3M)	(8.1M)	(10.5M)	(10.1M)	(10.6M)
Net Tangible Assets	24.2M	26.2M	44.2M	32.8M	37.7M	36.3M
Accounts Payable	620.8K	801.1K	1.7M	744.0K	389.3K	631.8K
Other Current Assets	2.2M	7.2K	6.3K	397.98	316.59	300.76
Short Term Debt	217.7K	159.2K	296.1K	278.4K	126.6K	120.3K
Common Stock	192.8M	202.0M	220.7M	245.2M	252.8M	172.7M
Other Assets	956.2K	6.3M	1.1M	709.4K	638.5K	606.6K
Short Term Investments	96.4K	97.4K	97.6K	95.3K	96.4K	91.5K
Short Long Term Debt Total	587.0K	407.0K	598.8K	330.3K	126.6K	120.3K
Common Stock Total Equity	167.3M	179.7M	192.8M	202.0M	232.3M	180.7M
Other Liab	1.6M	1.9M	2.8M	2.8M	3.2M	3.3M
Long Term Investments	106.8K	6.3M	3.5M	2.2M	966.7K	918.3K
Property Plant Equipment	24.1M	23.7M	25.2M	24.5M	22.0M	23.5M
Capital Surpluse	29.6M	29.6M	29.2M	30.8M	35.4M	28.5M
Long Term Debt Total	369.4K	247.8K	302.6K	51.9K	59.7K	56.7K
Capital Lease Obligations	723.4K	407.0K	598.8K	330.3K	126.6K	120.3K
Non Current Liabilities Other	22.0K	22.9K	141.2K	28.1K	24.9K	23.6K

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

0.68

INFM

Infinico Metals Corp

Pair Corr

Moving against Liberty Stock

0.78	TSLA	Tesla Inc CDR	Pair Corr
0.78	WMT	Walmart Inc CDR	Pair Corr
0.77	AMZN	Amazon CDR	Pair Corr
0.58	FDY	Faraday Copper Corp	Pair Corr
0.57	IE	Ivanhoe Energy	Pair Corr

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 Correlation Correlation 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.

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Liberty Short Term Debt vs Total Current Assets Analysis

Short Term Debt vs Total Current Assets

Short Term Debt vs Total Current Assets Correlation Analysis

Correlation Coefficient

Short Term Debt

Total Current Assets

Liberty Gold fundamental ratios Correlations

Liberty Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Liberty Gold fundamental ratios Accounts

Pair Trading with Liberty Gold

Moving together with Liberty Stock

Moving against Liberty Stock

Other Information on Investing in Liberty Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Total Current Liabilities	+ 0.98	Other Current Liab
Total Current Assets	+ 0.98	Cash And Short Term Investments
Total Liab	+ 0.97	Other Current Liab
Total Liab	+ 0.97	Total Current Liabilities
Other Assets	+ 0.97	Non Currrent Assets Other

Cash	- 0.99	Net Debt
Non Current Liabilities Total	- 0.93	Retained Earnings
Total Current Assets	- 0.92	Net Debt
Common Stock Shares Outstanding	- 0.9	Retained Earnings
Cash And Short Term Investments	- 0.9	Net Debt
Short Term Investments	- 0.86	Common Stock