| PGC Stock | | | CAD 0.02 0.01 33.33% |
Plato Gold financial indicator trend analysis is much more than just breaking down Plato Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plato Gold Corp is a good investment. Please check the relationship between Plato Gold Long Term Debt and its Net Debt accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plato 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.
Long Term Debt vs Net Debt
Long Term Debt vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Plato Gold Corp Long Term Debt account and
Net Debt. At this time, the significance of the direction appears to have no relationship.
The correlation between Plato Gold's Long Term Debt and Net Debt is 0.05. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Debt in the same time period over historical financial statements of Plato Gold Corp, assuming nothing else is changed. The correlation between historical values of Plato Gold's Long Term Debt and Net 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 Long Term Debt of Plato Gold Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Long Term Debt i.e., Plato Gold's Long Term Debt and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.05 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that Plato Gold Corp has held for over one year. Long-term debt appears on Plato Gold Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Plato Gold Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Plato Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plato 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plato 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.
Enterprise Value is likely to climb to about 6.3
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 109.1
K in 2024.
Plato Gold fundamental ratios Correlations
Click cells to compare fundamentals
Plato Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Plato Gold fundamental ratios Accounts
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Additional Tools for Plato Stock Analysis
When running Plato Gold's price analysis, check to
measure Plato Gold'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 Plato Gold is operating at the current time. Most of Plato Gold's value examination focuses on studying past and present price action to
predict the probability of Plato Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plato Gold's price. Additionally, you may evaluate how the addition of Plato Gold to your portfolios can decrease your overall portfolio volatility.