Paramount Net Debt vs Total Liab Analysis

PZG Stock

USD 0.40 0.02 5.26%

Paramount Gold financial indicator trend analysis is much more than just breaking down Paramount Gold Nevada prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paramount Gold Nevada is a good investment. Please check the relationship between Paramount Gold Net Debt and its Total Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paramount Gold Nevada. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Debt vs Total Liab

Net Debt vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paramount Gold Nevada Net Debt account and Total Liab. At this time, the significance of the direction appears to have strong relationship.

The correlation between Paramount Gold's Net Debt and Total Liab is 0.68. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Liab in the same time period over historical financial statements of Paramount Gold Nevada, assuming nothing else is changed. The correlation between historical values of Paramount Gold's Net Debt and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Paramount Gold Nevada are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Debt i.e., Paramount Gold's Net Debt and Total Liab go up and down completely randomly.

Correlation Coefficient

0.68

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

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.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Most indicators from Paramount Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paramount Gold Nevada 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 Paramount Gold Nevada. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

At this time, Paramount Gold's Tax Provision is most likely to increase significantly in the upcoming years. The Paramount Gold's current Issuance Of Capital Stock is estimated to increase to about 2.9 M, while Selling General Administrative is projected to decrease to roughly 1.2 M.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	185.9K	448.2K	3.0M	3.2M
Cost Of Revenue	2.2K	1.2M	647.5K	679.9K

Depreciation And Amortization Cost Of Revenue

Paramount Gold fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Cash	Common Stock	Total Current Liabilities	Accounts Payable	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Property Plant Equipment	Other Current Liab	Other Liab	Other Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Non Current Liabilities Total	Other Stockholder Equity	Property Plant And Equipment Gross	Total Current Assets	Net Tangible Assets	Short Long Term Debt
Total Assets		0.93	0.49	-0.32	0.06	0.41	0.0	0.33	0.28	0.37	-0.23	0.22	-0.46	0.5	0.25	-0.43	0.5	-0.45	0.04	-0.39	0.23	0.48	0.5	0.08	0.46	-0.4
Total Stockholder Equity	0.93		0.48	-0.54	-0.19	0.43	-0.06	0.18	-0.04	0.06	-0.44	0.1	-0.44	0.52	0.06	-0.38	0.52	-0.42	0.11	-0.55	0.1	0.55	0.5	0.12	0.59	-0.56
Cash	0.49	0.48		-0.36	-0.04	0.45	-0.27	0.03	0.11	0.12	-0.1	-0.06	0.13	-0.29	-0.28	0.08	-0.3	0.1	0.56	-0.04	0.15	-0.07	-0.25	0.54	-0.06	-0.04
Common Stock	-0.32	-0.54	-0.36		0.76	-0.26	-0.41	-0.26	0.44	0.32	0.82	-0.09	0.38	-0.44	-0.02	0.43	-0.44	0.43	-0.3	0.64	-0.21	-0.59	-0.43	-0.34	-0.61	0.64
Total Current Liabilities	0.06	-0.19	-0.04	0.76		0.06	-0.38	-0.1	0.53	0.45	0.92	-0.08	0.38	-0.41	0.11	0.41	-0.41	0.42	-0.48	0.72	-0.33	-0.61	-0.43	-0.49	-0.7	0.71
Accounts Payable	0.41	0.43	0.45	-0.26	0.06		-0.22	-0.18	0.02	-0.14	0.06	-0.19	0.35	-0.08	0.0	0.23	-0.06	0.31	-0.18	0.15	-0.03	-0.2	-0.03	-0.23	-0.07	0.15
Common Stock Shares Outstanding	0.0	-0.06	-0.27	-0.41	-0.38	-0.22		0.7	0.18	0.31	-0.42	0.51	-0.6	0.63	0.7	-0.72	0.62	-0.69	-0.06	-0.3	0.57	0.55	0.67	0.04	0.41	-0.31
Other Current Assets	0.33	0.18	0.03	-0.26	-0.1	-0.18	0.7		0.59	0.63	-0.33	0.71	-0.67	0.55	0.74	-0.85	0.54	-0.76	0.09	-0.38	0.75	0.57	0.53	0.21	0.39	-0.33
Total Liab	0.28	-0.04	0.11	0.44	0.53	0.02	0.18	0.59		0.9	0.4	0.33	-0.25	0.08	0.68	-0.36	0.08	-0.28	-0.12	0.26	0.62	-0.06	0.11	-0.07	-0.18	0.32
Property Plant Equipment	0.37	0.06	0.12	0.32	0.45	-0.14	0.31	0.63	0.9		0.31	0.42	-0.38	0.23	0.7	-0.45	0.21	-0.46	-0.09	0.18	0.59	0.08	0.23	-0.03	-0.09	0.22
Other Current Liab	-0.23	-0.44	-0.1	0.82	0.92	0.06	-0.42	-0.33	0.4	0.31		-0.16	0.61	-0.61	-0.02	0.64	-0.6	0.63	-0.5	0.92	-0.39	-0.84	-0.61	-0.54	-0.88	0.9
Other Liab	0.22	0.1	-0.06	-0.09	-0.08	-0.19	0.51	0.71	0.33	0.42	-0.16		-0.32	0.38	0.38	-0.5	0.36	-0.46	0.01	-0.19	0.44	0.37	0.35	0.11	0.21	-0.2
Other Assets	-0.46	-0.44	0.13	0.38	0.38	0.35	-0.6	-0.67	-0.25	-0.38	0.61	-0.32		-0.86	-0.59	0.93	-0.84	0.96	-0.15	0.72	-0.61	-0.88	-0.84	-0.23	-0.8	0.69
Property Plant And Equipment Net	0.5	0.52	-0.29	-0.44	-0.41	-0.08	0.63	0.55	0.08	0.23	-0.61	0.38	-0.86		0.6	-0.84	1.0	-0.88	-0.11	-0.7	0.46	0.88	0.98	-0.04	0.85	-0.69
Net Debt	0.25	0.06	-0.28	-0.02	0.11	0.0	0.7	0.74	0.68	0.7	-0.02	0.38	-0.59	0.6		-0.68	0.6	-0.64	-0.42	-0.04	0.67	0.33	0.6	-0.33	0.21	0.01
Retained Earnings	-0.43	-0.38	0.08	0.43	0.41	0.23	-0.72	-0.85	-0.36	-0.45	0.64	-0.5	0.93	-0.84	-0.68		-0.83	0.97	-0.19	0.71	-0.76	-0.88	-0.84	-0.29	-0.78	0.68
Non Current Assets Total	0.5	0.52	-0.3	-0.44	-0.41	-0.06	0.62	0.54	0.08	0.21	-0.6	0.36	-0.84	1.0	0.6	-0.83		-0.87	-0.13	-0.69	0.45	0.86	0.97	-0.07	0.85	-0.68
Non Currrent Assets Other	-0.45	-0.42	0.1	0.43	0.42	0.31	-0.69	-0.76	-0.28	-0.46	0.63	-0.46	0.96	-0.88	-0.64	0.97	-0.87		-0.16	0.71	-0.69	-0.89	-0.86	-0.26	-0.79	0.68
Cash And Short Term Investments	0.04	0.11	0.56	-0.3	-0.48	-0.18	-0.06	0.09	-0.12	-0.09	-0.5	0.01	-0.15	-0.11	-0.42	-0.19	-0.13	-0.16		-0.49	0.29	0.31	-0.05	0.98	0.33	-0.49
Common Stock Total Equity	-0.39	-0.55	-0.04	0.64	0.72	0.15	-0.3	-0.38	0.26	0.18	0.92	-0.19	0.72	-0.7	-0.04	0.71	-0.69	0.71	-0.49		-0.34	-0.93	-0.68	-0.54	-0.96	0.99
Non Current Liabilities Total	0.23	0.1	0.15	-0.21	-0.33	-0.03	0.57	0.75	0.62	0.59	-0.39	0.44	-0.61	0.46	0.67	-0.76	0.45	-0.69	0.29	-0.34		0.47	0.5	0.35	0.42	-0.27
Other Stockholder Equity	0.48	0.55	-0.07	-0.59	-0.61	-0.2	0.55	0.57	-0.06	0.08	-0.84	0.37	-0.88	0.88	0.33	-0.88	0.86	-0.89	0.31	-0.93	0.47		0.87	0.39	0.96	-0.93
Property Plant And Equipment Gross	0.5	0.5	-0.25	-0.43	-0.43	-0.03	0.67	0.53	0.11	0.23	-0.61	0.35	-0.84	0.98	0.6	-0.84	0.97	-0.86	-0.05	-0.68	0.5	0.87		0.02	0.84	-0.69
Total Current Assets	0.08	0.12	0.54	-0.34	-0.49	-0.23	0.04	0.21	-0.07	-0.03	-0.54	0.11	-0.23	-0.04	-0.33	-0.29	-0.07	-0.26	0.98	-0.54	0.35	0.39	0.02		0.37	-0.54
Net Tangible Assets	0.46	0.59	-0.06	-0.61	-0.7	-0.07	0.41	0.39	-0.18	-0.09	-0.88	0.21	-0.8	0.85	0.21	-0.78	0.85	-0.79	0.33	-0.96	0.42	0.96	0.84	0.37		-0.95
Short Long Term Debt	-0.4	-0.56	-0.04	0.64	0.71	0.15	-0.31	-0.33	0.32	0.22	0.9	-0.2	0.69	-0.69	0.01	0.68	-0.68	0.68	-0.49	0.99	-0.27	-0.93	-0.69	-0.54	-0.95

Click cells to compare fundamentals

Paramount Gold Account Relationship Matchups

Paramount Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	53.9M	54.0M	56.0M	54.3M	56.4M	45.3M
Total Stockholder Equity	47.1M	47.4M	46.4M	42.8M	38.2M	37.9M
Cash	5.4M	3.1M	2.5M	824.9K	5.4M	4.4M
Common Stock	329.6K	381.5K	465.9K	548.1K	650.4K	617.9K
Total Current Liabilities	1.1M	949.0K	758.3K	9.3M	683.8K	649.6K
Accounts Payable	925.26	638.95	638.26	937.22	563.8K	360.1K
Common Stock Shares Outstanding	27.6M	35.5M	42.4M	48.7M	59.9M	31.5M
Other Current Assets	442.6K	1.2M	2.6M	2.9M	2.6M	2.8M
Total Liab	6.8M	6.7M	9.6M	11.5M	18.2M	19.1M
Property Plant Equipment	47.3M	49.2M	51.7M	51.5M	59.2M	62.1M
Other Current Liab	1.1M	948.3K	757.6K	3.5M	120K	114K
Other Liab	460.9K	1.5M	4.6M	2.1M	2.4M	1.6M
Property Plant And Equipment Net	47.3M	49.2M	51.7M	51.5M	49.1M	46.0M
Net Debt	(142.2K)	1.0M	1.7M	5.0M	6.0M	6.3M
Retained Earnings	(54.1M)	(60.0M)	(67.9M)	(74.3M)	(82.4M)	(78.3M)
Non Current Assets Total	48.0M	49.7M	52.2M	52.0M	49.6M	47.7M
Non Currrent Assets Other	695.0K	533.7K	498.3K	546.2K	491.6K	467.0K
Cash And Short Term Investments	5.4M	3.1M	2.5M	824.9K	5.4M	3.4M
Common Stock Total Equity	230.8K	265.2K	329.6K	381.5K	343.4K	326.2K
Liabilities And Stockholders Equity	53.9M	54.0M	56.0M	54.3M	56.4M	51.9M
Non Current Liabilities Total	5.8M	5.7M	8.9M	2.1M	17.5M	18.4M
Other Stockholder Equity	100.9M	107.0M	113.8M	116.6M	119.9M	88.7M
Property Plant And Equipment Gross	48.9M	47.1M	47.3M	49.2M	56.6M	42.7M
Total Current Assets	5.9M	4.3M	3.8M	2.3M	6.7M	4.2M
Net Tangible Assets	47.1M	47.4M	46.4M	42.8M	49.3M	45.9M
Capital Surpluse	100.9M	107.0M	113.8M	116.6M	134.1M	102.4M
Cash And Equivalents	5.4M	3.1M	2.5M	824.9K	742.4K	705.3K
Net Invested Capital	52.4M	51.5M	50.6M	48.7M	49.6M	54.7M
Net Working Capital	4.8M	3.3M	3.0M	(7.1M)	6.1M	6.4M
Capital Stock	329.6K	381.5K	465.9K	548.1K	650.4K	484.1K

Currently Active Assets on Macroaxis

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America
S	SentinelOne
WD	Walker Dunlop

When determining whether Paramount Gold Nevada is a strong investment it is important to analyze Paramount Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Paramount Gold's future performance. For an informed investment choice regarding Paramount Stock, refer to the following important reports:

How To Invest In Paramount

Details

Is Paramount Stock a good investment?

Details

What is Paramount Gold's Net Worth?

Details

Largest Materials Companies

View

Largest Basic Materials Companies

View

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paramount Gold Nevada. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Is Precious Metals & Minerals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paramount Gold. If investors know Paramount will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paramount Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.11)

Revenue Per Share

0.009

Quarterly Revenue Growth

(0.55)

Return On Assets

(0.1)

Return On Equity

(0.20)

The market value of Paramount Gold Nevada is measured differently than its book value, which is the value of Paramount that is recorded on the company's balance sheet. Investors also form their own opinion of Paramount Gold's value that differs from its market value or its book value, called intrinsic value, which is Paramount Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paramount Gold's market value can be influenced by many factors that don't directly affect Paramount Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Paramount Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paramount Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paramount Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Paramount Net Debt vs Total Liab Analysis

Net Debt vs Total Liab

Net Debt vs Total Liab Correlation Analysis

Correlation Coefficient

Net Debt

Total Liab

Paramount Gold fundamental ratios Correlations

Paramount Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Paramount Gold fundamental ratios Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Short Long Term Debt	+ 0.99	Common Stock Total Equity
Property Plant And Equipment Gross	+ 0.98	Property Plant And Equipment Net
Total Current Assets	+ 0.98	Cash And Short Term Investments
Non Currrent Assets Other	+ 0.97	Retained Earnings
Property Plant And Equipment Gross	+ 0.97	Non Current Assets Total

Net Tangible Assets	- 0.96	Common Stock Total Equity
Short Long Term Debt	- 0.95	Net Tangible Assets
Short Long Term Debt	- 0.93	Other Stockholder Equity
Other Stockholder Equity	- 0.93	Common Stock Total Equity
Other Stockholder Equity	- 0.89	Non Currrent Assets Other
Other Stockholder Equity	- 0.88	Retained Earnings