Signal Non Current Liabilities Total vs Current Deferred Revenue Analysis

SGNL Stock   0.07  0.01  7.14%   
Signal Gold financial indicator trend analysis is much more than just breaking down Signal Gold prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Signal Gold is a good investment. Please check the relationship between Signal Gold Non Current Liabilities Total and its Current Deferred Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Signal 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.

Non Current Liabilities Total vs Current Deferred Revenue

Non Current Liabilities Total vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Signal Gold Non Current Liabilities Total account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Signal Gold's Non Current Liabilities Total and Current Deferred Revenue is 0.76. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Signal Gold, assuming nothing else is changed. The correlation between historical values of Signal Gold's Non Current Liabilities Total 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 Non Current Liabilities Total of Signal Gold 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 Non Current Liabilities Total i.e., Signal Gold's Non Current Liabilities Total and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Total

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 Signal Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Signal 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Signal 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, Signal Gold's Tax Provision is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value is likely to grow to about 45.5 M, while Selling General Administrative is likely to drop about 4 M.
 2021 2022 2023 2024 (projected)
Total Revenue27.8M41.8M48.0M50.4M
Depreciation And Amortization4.1M165.9K288.1K273.7K

Signal Gold fundamental ratios Correlations

0.570.990.460.2-0.540.350.910.990.91-0.010.94-0.270.960.740.390.930.210.510.750.640.240.370.76-0.78-0.41
0.570.60.94-0.410.080.810.520.510.530.250.43-0.140.480.730.370.610.25-0.36-0.07-0.080.620.730.34-0.4-0.18
0.990.60.510.1-0.460.410.920.970.920.050.91-0.320.930.80.430.920.250.450.690.560.330.350.7-0.76-0.36
0.460.940.51-0.570.230.860.460.390.470.30.33-0.070.330.740.430.510.33-0.49-0.2-0.250.690.610.14-0.330.01
0.2-0.410.1-0.57-0.84-0.67-0.020.32-0.03-0.430.390.120.41-0.47-0.430.16-0.180.80.720.84-0.74-0.010.52-0.25-0.22
-0.540.08-0.460.23-0.840.34-0.32-0.62-0.320.27-0.67-0.26-0.70.060.13-0.540.04-0.78-0.84-0.860.47-0.07-0.680.470.41
0.350.810.410.86-0.670.340.310.280.310.430.14-0.120.190.660.440.40.21-0.48-0.28-0.430.760.270.09-0.13-0.01
0.910.520.920.46-0.02-0.320.310.871.00.050.86-0.250.830.850.490.810.20.370.630.520.30.320.6-0.82-0.42
0.990.510.970.390.32-0.620.280.870.87-0.060.96-0.250.990.650.320.920.180.580.80.720.130.350.81-0.79-0.43
0.910.530.920.47-0.03-0.320.311.00.870.050.86-0.250.830.850.50.810.20.370.620.520.30.320.59-0.81-0.41
-0.010.250.050.3-0.430.270.430.05-0.060.05-0.08-0.07-0.120.270.160.020.13-0.34-0.3-0.370.24-0.05-0.050.03-0.08
0.940.430.910.330.39-0.670.140.860.960.86-0.08-0.160.970.560.320.850.20.590.840.79-0.040.330.82-0.85-0.42
-0.27-0.14-0.32-0.070.12-0.26-0.12-0.25-0.25-0.25-0.07-0.16-0.16-0.29-0.11-0.2-0.26-0.16-0.1-0.05-0.22-0.09-0.130.10.07
0.960.480.930.330.41-0.70.190.830.990.83-0.120.97-0.160.560.270.890.10.620.840.790.030.380.85-0.8-0.48
0.740.730.80.74-0.470.060.660.850.650.850.270.56-0.290.560.610.740.27-0.060.190.040.730.350.25-0.51-0.15
0.390.370.430.43-0.430.130.440.490.320.50.160.32-0.110.270.610.310.1-0.120.08-0.120.53-0.15-0.08-0.060.07
0.930.610.920.510.16-0.540.40.810.920.810.020.85-0.20.890.740.310.190.40.630.540.30.410.68-0.69-0.38
0.210.250.250.33-0.180.040.210.20.180.20.130.2-0.260.10.270.10.19-0.14-0.03-0.060.080.140.1-0.250.05
0.51-0.360.45-0.490.8-0.78-0.480.370.580.37-0.340.59-0.160.62-0.06-0.120.4-0.140.930.88-0.46-0.210.61-0.43-0.41
0.75-0.070.69-0.20.72-0.84-0.280.630.80.62-0.30.84-0.10.840.190.080.63-0.030.930.95-0.35-0.010.76-0.66-0.43
0.64-0.080.56-0.250.84-0.86-0.430.520.720.52-0.370.79-0.050.790.04-0.120.54-0.060.880.95-0.50.180.77-0.66-0.43
0.240.620.330.69-0.740.470.760.30.130.30.24-0.04-0.220.030.730.530.30.08-0.46-0.35-0.50.22-0.310.160.28
0.370.730.350.61-0.01-0.070.270.320.350.32-0.050.33-0.090.380.35-0.150.410.14-0.21-0.010.180.220.32-0.39-0.16
0.760.340.70.140.52-0.680.090.60.810.59-0.050.82-0.130.850.25-0.080.680.10.610.760.77-0.310.32-0.82-0.67
-0.78-0.4-0.76-0.33-0.250.47-0.13-0.82-0.79-0.810.03-0.850.1-0.8-0.51-0.06-0.69-0.25-0.43-0.66-0.660.16-0.39-0.820.6
-0.41-0.18-0.360.01-0.220.41-0.01-0.42-0.43-0.41-0.08-0.420.07-0.48-0.150.07-0.380.05-0.41-0.43-0.430.28-0.16-0.670.6
Click cells to compare fundamentals

Signal Gold Account Relationship Matchups

Signal Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets63.8M81.4M95.6M93.9M95.3M100.1M
Total Current Liabilities8.5M9.0M16.4M19.5M2.0M1.9M
Total Stockholder Equity48.3M64.8M70.9M66.2M65.4M68.6M
Property Plant And Equipment Net49.8M55.2M73.8M75.7M486.4K462.1K
Net Debt341.6K(12.0M)(8.5M)2.1M13.2M13.8M
Retained Earnings(14.4M)(5.5M)(12.6M)(24.2M)(39.7M)(37.7M)
Accounts Payable3.3M3.3M6.7M3.8M666.6K633.2K
Cash4.4M14.6M10.1M9.3M9.9M10.3M
Non Current Assets Total52.5M58.4M77.7M78.9M85.0M89.3M
Cash And Short Term Investments4.7M14.6M10.1M9.3M9.9M10.3M
Net Receivables310.1K585.6K1.3M548.9K127.4K121.1K
Common Stock Shares Outstanding127.2M146.2M172.0M183.7M223.5M234.7M
Liabilities And Stockholders Equity63.8M81.4M95.6M93.9M95.3M100.1M
Other Stockholder Equity2.7M1.6M1.5M982.4K884.1K839.9K
Total Liab15.4M16.6M24.7M27.6M30.0M31.5M
Total Current Assets11.2M23.0M17.8M14.9M10.3M7.2M
Other Current Liab2.9M3.6M3.3M165.3K1.0M1.8M
Common Stock57.8M67.0M82.0M87.7M98.7M57.6M
Accumulated Other Comprehensive Income2.3M1.8M1.5M1.8M6.3M6.7M
Other Current Assets694.7K914.3K792.8K682.5K304.7K528.9K
Non Currrent Assets Other71.8K79.8K198.8K212.8K81.3M85.4M
Non Current Liabilities Total6.9M7.5M8.2M8.2M28.0M29.4M
Short Long Term Debt Total4.7M2.6M1.6M11.4M23.0M24.2M
Inventory5.6M6.8M5.6M4.4M1.00.95
Short Term Debt2.3M1.9M1.4M11.2M323.1K306.9K
Other Assets2.7M79.8K198.8K(1.0)(0.9)(0.85)
Long Term Debt Total2.4M753.7K235.6K155.5K139.9K132.9K
Cash And Equivalents4.4M14.6M10.1M9.3M10.6M8.1M
Property Plant Equipment49.8M55.2M73.8M75.7M87.1M57.8M

Pair Trading with Signal 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 Signal 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 Signal Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Signal Stock

  0.63ORE Orezone Gold CorpPairCorr

Moving against Signal Stock

  0.61WMT Walmart Inc CDRPairCorr
  0.48BRK Berkshire Hathaway CDRPairCorr
  0.41AMZN Amazon CDRPairCorr
The ability to find closely correlated positions to Signal 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 Signal 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 Signal 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 Signal Gold to buy it.
The correlation of Signal 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 Signal Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Signal Gold 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 Signal 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 CorrelationCorrelation Matching

Other Information on Investing in Signal Stock

Balance Sheet is a snapshot of the financial position of Signal Gold at a specified time, usually calculated after every quarter, six months, or one year. Signal Gold Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Signal 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 Signal currently owns. An asset can also be divided into two categories, current and non-current.