Radius Net Debt vs Net Receivables Analysis

RDU Stock

CAD 0.08 0.01 14.29%

Radius Gold financial indicator trend analysis is much more than just breaking down Radius Gold prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Radius Gold is a good investment. Please check the relationship between Radius Gold Net Debt and its Net Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Radius Gold. 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.

Net Debt vs Net Receivables

Net Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Radius Gold Net Debt account and Net Receivables. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Radius Gold's Net Debt and Net Receivables is 0.16. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Radius Gold, assuming nothing else is changed. The correlation between historical values of Radius Gold's Net Debt and Net Receivables 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 Radius Gold are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Debt i.e., Radius Gold's Net Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.16

Relationship Direction	Positive
Relationship Strength	Insignificant

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.

Net Receivables

Most indicators from Radius Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Radius Gold 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 Radius Gold. 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, Radius Gold's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 2 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (4.88) in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	1.3M	1.2M	2.4M	1.6M
Depreciation And Amortization	78.1K	62.7K	69.3K	55.6K

Other Operating Expenses Depreciation And Amortization

Radius Gold fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Short Term Investments	Non Current Liabilities Total	Net Tangible Assets	Other Assets	Long Term Investments	Common Stock	Property Plant Equipment
Total Assets		0.23	1.0	0.39	-0.23	0.3	0.62	0.18	0.36	0.05	0.89	0.22	-0.04	0.48	0.32	0.79	-0.04	0.93	0.25	0.79	-0.14	0.82	0.67	0.57	-0.24	0.06
Total Current Liabilities	0.23		0.2	0.8	0.01	0.07	0.71	-0.03	0.7	0.0	-0.12	0.74	-0.07	0.42	0.33	0.24	0.86	-0.03	0.04	-0.09	-0.04	0.54	0.5	0.47	0.21	-0.35
Total Stockholder Equity	1.0	0.2		0.37	-0.23	0.3	0.59	0.18	0.34	0.06	0.9	0.2	-0.04	0.47	0.31	0.79	-0.08	0.93	0.25	0.8	-0.14	0.81	0.65	0.56	-0.25	0.07
Property Plant And Equipment Net	0.39	0.8	0.37		-0.26	0.14	0.56	0.23	0.83	0.05	-0.02	0.79	-0.08	0.29	0.47	0.51	0.56	0.08	0.12	-0.05	-0.08	0.64	0.43	0.47	0.13	0.16
Net Debt	-0.23	0.01	-0.23	-0.26		-0.24	-0.01	-1.0	-0.25	-0.22	-0.15	0.16	0.2	-0.04	-0.2	-0.28	0.1	-0.15	-0.22	-0.02	-0.14	-0.27	0.01	0.17	-0.11	-0.41
Retained Earnings	0.3	0.07	0.3	0.14	-0.24		0.59	0.22	0.64	0.96	0.06	-0.03	-0.93	0.06	-0.06	0.01	-0.06	0.06	-0.47	0.64	0.86	0.66	0.58	0.54	0.06	-0.21
Accounts Payable	0.62	0.71	0.59	0.56	-0.01	0.59		-0.02	0.75	0.43	0.3	0.45	-0.46	0.37	0.39	0.29	0.51	0.36	-0.27	0.57	0.32	0.87	0.8	0.76	0.2	-0.42
Cash	0.18	-0.03	0.18	0.23	-1.0	0.22	-0.02		0.21	0.21	0.12	-0.2	-0.18	0.02	0.17	0.22	-0.07	0.11	0.22	-0.02	0.17	0.22	-0.05	-0.22	0.13	0.39
Non Current Assets Total	0.36	0.7	0.34	0.83	-0.25	0.64	0.75	0.21		0.58	-0.1	0.66	-0.6	0.2	0.27	0.34	0.46	-0.02	-0.22	0.24	0.43	0.8	0.62	0.69	0.12	-0.07
Non Currrent Assets Other	0.05	0.0	0.06	0.05	-0.22	0.96	0.43	0.21	0.58		-0.17	-0.08	-0.98	-0.06	-0.18	-0.15	-0.07	-0.18	-0.53	0.45	0.92	0.48	0.43	0.41	0.09	-0.21
Cash And Short Term Investments	0.89	-0.12	0.9	-0.02	-0.15	0.06	0.3	0.12	-0.1	-0.17		-0.14	0.2	0.42	0.19	0.65	-0.29	0.99	0.35	0.76	-0.29	0.49	0.42	0.25	-0.29	0.08
Net Receivables	0.22	0.74	0.2	0.79	0.16	-0.03	0.45	-0.2	0.66	-0.08	-0.14		0.03	0.05	0.24	0.48	0.5	-0.03	0.03	-0.13	-0.22	0.45	0.31	0.66	-0.14	-0.02
Common Stock Shares Outstanding	-0.04	-0.07	-0.04	-0.08	0.2	-0.93	-0.46	-0.18	-0.6	-0.98	0.2	0.03		0.05	0.13	0.17	0.01	0.2	0.54	-0.42	-0.89	-0.47	-0.45	-0.42	-0.1	0.24
Inventory	0.48	0.42	0.47	0.29	-0.04	0.06	0.37	0.02	0.2	-0.06	0.42	0.05	0.05		-0.04	0.31	0.31	0.43	0.5	0.34	-0.12	0.43	0.48	0.1	-0.18	-0.22
Other Current Assets	0.32	0.33	0.31	0.47	-0.2	-0.06	0.39	0.17	0.27	-0.18	0.19	0.24	0.13	-0.04		0.08	0.15	0.24	-0.19	0.02	-0.29	0.31	0.15	0.1	0.46	0.27
Other Stockholder Equity	0.79	0.24	0.79	0.51	-0.28	0.01	0.29	0.22	0.34	-0.15	0.65	0.48	0.17	0.31	0.08		-0.06	0.71	0.52	0.42	-0.37	0.61	0.41	0.49	-0.41	0.3
Total Liab	-0.04	0.86	-0.08	0.56	0.1	-0.06	0.51	-0.07	0.46	-0.07	-0.29	0.5	0.01	0.31	0.15	-0.06		-0.23	0.0	-0.29	0.08	0.24	0.26	0.23	0.31	-0.47
Total Current Assets	0.93	-0.03	0.93	0.08	-0.15	0.06	0.36	0.11	-0.02	-0.18	0.99	-0.03	0.2	0.43	0.24	0.71	-0.23		0.35	0.75	-0.32	0.56	0.46	0.33	-0.3	0.09
Other Current Liab	0.25	0.04	0.25	0.12	-0.22	-0.47	-0.27	0.22	-0.22	-0.53	0.35	0.03	0.54	0.5	-0.19	0.52	0.0	0.35		-0.1	-0.54	-0.06	-0.26	-0.17	-0.13	0.44
Short Term Investments	0.79	-0.09	0.8	-0.05	-0.02	0.64	0.57	-0.02	0.24	0.45	0.76	-0.13	-0.42	0.34	0.02	0.42	-0.29	0.75	-0.1		0.3	0.7	0.68	0.56	-0.23	-0.18
Non Current Liabilities Total	-0.14	-0.04	-0.14	-0.08	-0.14	0.86	0.32	0.17	0.43	0.92	-0.29	-0.22	-0.89	-0.12	-0.29	-0.37	0.08	-0.32	-0.54	0.3		0.27	0.26	0.25	0.19	-0.32
Net Tangible Assets	0.82	0.54	0.81	0.64	-0.27	0.66	0.87	0.22	0.8	0.48	0.49	0.45	-0.47	0.43	0.31	0.61	0.24	0.56	-0.06	0.7	0.27		0.84	0.77	-0.07	-0.13
Other Assets	0.67	0.5	0.65	0.43	0.01	0.58	0.8	-0.05	0.62	0.43	0.42	0.31	-0.45	0.48	0.15	0.41	0.26	0.46	-0.26	0.68	0.26	0.84		0.59	-0.24	-0.5
Long Term Investments	0.57	0.47	0.56	0.47	0.17	0.54	0.76	-0.22	0.69	0.41	0.25	0.66	-0.42	0.1	0.1	0.49	0.23	0.33	-0.17	0.56	0.25	0.77	0.59		-0.14	-0.2
Common Stock	-0.24	0.21	-0.25	0.13	-0.11	0.06	0.2	0.13	0.12	0.09	-0.29	-0.14	-0.1	-0.18	0.46	-0.41	0.31	-0.3	-0.13	-0.23	0.19	-0.07	-0.24	-0.14		0.17
Property Plant Equipment	0.06	-0.35	0.07	0.16	-0.41	-0.21	-0.42	0.39	-0.07	-0.21	0.08	-0.02	0.24	-0.22	0.27	0.3	-0.47	0.09	0.44	-0.18	-0.32	-0.13	-0.5	-0.2	0.17

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Radius Gold Account Relationship Matchups

Radius Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.3M	3.8M	2.8M	3.7M	2.4M	2.2M
Total Current Liabilities	155.9K	154.5K	148.6K	172.7K	171.9K	199.9K
Total Stockholder Equity	3.9M	3.4M	2.5M	3.5M	2.2M	2.1M
Property Plant And Equipment Net	453.4K	414.9K	316.8K	165.5K	103.7K	98.5K
Net Debt	(1.0M)	(1.9M)	(1.3M)	(1.3M)	(828.8K)	(870.3K)
Retained Earnings	(56.5M)	(57.4M)	(58.3M)	(57.2M)	(59.8M)	(62.8M)
Accounts Payable	101.5	93.07	84.33	72.01	89.94	85.44
Cash	1.3M	2.2M	1.5M	1.4M	910.8K	865.2K
Non Current Assets Total	576.5K	538.0K	439.9K	288.6K	166.7K	158.3K
Cash And Short Term Investments	3.6M	3.1M	2.3M	3.3M	1.9M	1.8M
Net Receivables	71.6K	59.2K	31.9K	80.2K	190.3K	287.0K
Common Stock Shares Outstanding	86.8M	87.0M	87.2M	87.3M	94.1M	75.0M
Liabilities And Stockholders Equity	4.3M	3.8M	2.8M	3.7M	2.4M	2.2M
Other Current Assets	51.2K	33.3K	59.4K	53.5K	83.5K	104.4K
Other Stockholder Equity	3.7M	4.1M	73.8K	120.6K	(0.81)	(0.77)
Total Liab	431.4K	373.4K	303.2K	254.7K	171.9K	260.4K
Total Current Assets	3.7M	3.2M	2.4M	3.4M	2.2M	2.1M
Other Current Liab	106.4K	97.9K	84.3K	100.1K	89.9K	86.2K
Accumulated Other Comprehensive Income	3.7M	4.1M	4.0M	3.8M	3.2M	4.3M
Short Term Investments	2.3M	899.4K	739.7K	1.9M	1.0M	959.4K
Net Tangible Assets	6.8M	3.9M	3.4M	2.5M	2.3M	2.1M
Common Stock	56.6M	56.7M	56.7M	56.7M	58.8M	52.1M
Property Plant Equipment	1.4M	453.4K	414.9K	316.8K	364.3K	346.1K
Net Invested Capital	3.9M	3.4M	2.5M	3.5M	2.2M	3.7M
Net Working Capital	3.6M	3.1M	2.2M	3.2M	2.0M	3.2M
Capital Stock	56.6M	56.7M	56.7M	56.7M	58.8M	62.7M

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