Signal Total Stockholder Equity vs Property Plant And Equipment Net 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 Total Stockholder Equity and its Property Plant And Equipment Net 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.

Total Stockholder Equity vs Property Plant And Equipment Net

Total Stockholder Equity vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Signal Gold Total Stockholder Equity account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Signal Gold's Total Stockholder Equity and Property Plant And Equipment Net is 0.51. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Property Plant And Equipment Net 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 Total Stockholder Equity and Property Plant And Equipment Net 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 Stockholder Equity of Signal Gold are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Stockholder Equity i.e., Signal Gold's Total Stockholder Equity and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 25th 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

  0.64ORE Orezone Gold CorpPairCorr

Moving against Signal Stock

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  0.55TSLA Tesla Inc 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.