Paramount Total Liab vs Current Deferred Revenue 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 Total Liab and its Current Deferred Revenue 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.
Total Liab vs Current Deferred Revenue
Total Liab vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paramount Gold Nevada Total Liab account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Paramount Gold's Total Liab and Current Deferred Revenue is 0.58. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Current Deferred Revenue 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 Total Liab and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Paramount Gold Nevada are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Liab i.e., Paramount Gold's Total Liab and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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 |
Paramount Gold fundamental ratios Correlations
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Paramount Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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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: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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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.