Stellar Long Term Investments vs Short Term Debt Analysis
SPX Stock | CAD 0.10 0.05 33.33% |
Stellar AfricaGold financial indicator trend analysis is much more than just breaking down Stellar AfricaGold prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stellar AfricaGold is a good investment. Please check the relationship between Stellar AfricaGold Long Term Investments and its Short Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stellar AfricaGold. 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.
Long Term Investments vs Short Term Debt
Long Term Investments vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stellar AfricaGold Long Term Investments account and Short Term Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Stellar AfricaGold's Long Term Investments and Short Term Debt is 0.13. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Stellar AfricaGold, assuming nothing else is changed. The correlation between historical values of Stellar AfricaGold's Long Term Investments and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Stellar AfricaGold are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Long Term Investments i.e., Stellar AfricaGold's Long Term Investments and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Long Term Investments
Long Term Investments is an item on the asset side of Stellar AfricaGold balance sheet that represents investments Stellar AfricaGold intends to hold for over a year. Stellar AfricaGold long term investments may include different instruments such as stocks, bonds, real estate and cash.Short Term Debt
Most indicators from Stellar AfricaGold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stellar AfricaGold 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 Stellar AfricaGold. 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. Selling General Administrative is likely to climb to about 649.2 K in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Stellar AfricaGold fundamental ratios Correlations
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Stellar AfricaGold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Stellar AfricaGold fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.0M | 2.3M | 1.4M | 370.1K | 333.1K | 316.5K | |
Total Current Liabilities | 901.6K | 266.5K | 263.6K | 394.9K | 454.1K | 692.3K | |
Total Stockholder Equity | 1.1M | 2.0M | 1.1M | (24.7K) | (22.3K) | (21.2K) | |
Net Debt | 220.8K | (1.6M) | (737.2K) | (59.3K) | (68.2K) | (64.8K) | |
Retained Earnings | (21.9M) | (23.1M) | (24.7M) | (25.8M) | (23.2M) | (24.4M) | |
Accounts Payable | 309.4K | 196.5K | 139.1K | 189.7K | 170.7K | 248.8K | |
Cash | 315.5K | 1.7M | 737.2K | 59.3K | 68.2K | 64.8K | |
Cash And Short Term Investments | 315.5K | 1.7M | 737.2K | 360.8K | 414.9K | 325.1K | |
Net Receivables | 1.5M | 97.5K | 39.5K | 7.1K | 8.2K | 7.8K | |
Common Stock Shares Outstanding | 65.3M | 80.8M | 101.9M | 111.4M | 128.2M | 134.6M | |
Liabilities And Stockholders Equity | 2.0M | 2.3M | 1.4M | 370.1K | 333.1K | 316.5K | |
Other Stockholder Equity | 4.0M | 4.0M | 4.2M | 4.3M | 3.9M | 4.7M | |
Total Liab | 901.6K | 266.5K | 263.6K | 394.9K | 454.1K | 843.9K | |
Total Current Assets | 1.8M | 1.8M | 924.8K | 370.1K | 425.7K | 528.3K | |
Short Long Term Debt Total | 1.5M | 2.2M | 536.3K | 70K | 80.5K | 76.5K | |
Common Stock | 18.8M | 20.2M | 20.5M | 20.6M | 23.6M | 19.7M | |
Short Term Debt | 819.6K | 2.2M | 536.3K | 70K | 80.5K | 76.5K | |
Net Tangible Assets | (1.8M) | 1.1M | 2.0M | 1.1M | 1.3M | 1.4M | |
Net Invested Capital | 1.3M | 2.1M | 1.1M | (24.7K) | (28.5K) | (27.0K) | |
Short Long Term Debt | 819.6K | 787.8K | 188.4K | 70K | 63K | 59.9K | |
Net Working Capital | 937.4K | 1.5M | 661.2K | (24.7K) | (28.5K) | (29.9K) | |
Capital Stock | 18.8M | 20.2M | 20.5M | 20.6M | 23.6M | 21.6M |
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