Stellar Total Stockholder Equity vs Total Liab 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 Total Stockholder Equity and its Total Liab 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.

Total Stockholder Equity vs Total Liab

Total Stockholder Equity vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stellar AfricaGold Total Stockholder Equity account and Total Liab. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Stellar AfricaGold's Total Stockholder Equity and Total Liab is -0.39. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Liab 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 Total Stockholder Equity and Total Liab 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 Stellar AfricaGold are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Stockholder Equity i.e., Stellar AfricaGold's Total Stockholder Equity and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.39

Relationship Direction	Negative
Relationship Strength	Insignificant

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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.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

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

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Non Currrent Assets Other	Non Current Liabilities Total	Short Term Investments	Common Stock	Current Deferred Revenue	Short Term Debt	Net Tangible Assets	Long Term Investments	Property Plant Equipment
Total Assets		0.07	0.92	-0.3	0.19	0.4	0.4	0.92	0.3	0.26	-0.26	0.16	0.64	0.0	0.39	-0.15	0.35	-0.17	-0.25	-0.27	-0.02	-0.04	0.01	0.08	0.12	-0.21
Total Current Liabilities	0.07		-0.31	0.8	-0.31	0.12	-0.32	0.11	-0.21	0.1	-0.07	-0.25	0.04	0.95	-0.1	0.8	-0.05	-0.35	-0.15	0.38	0.13	0.37	0.89	-0.6	-0.03	0.11
Total Stockholder Equity	0.92	-0.31		-0.62	0.3	0.35	0.49	0.82	0.38	0.21	-0.18	0.24	0.6	-0.39	0.42	-0.49	0.37	-0.04	-0.28	-0.32	-0.06	-0.22	-0.35	0.35	0.09	-0.24
Net Debt	-0.3	0.8	-0.62		-0.17	-0.18	-0.66	-0.15	-0.57	0.03	-0.04	-0.32	-0.15	0.87	-0.41	0.87	-0.32	-0.04	0.32	0.36	-0.03	0.44	0.83	-0.7	-0.2	0.17
Retained Earnings	0.19	-0.31	0.3	-0.17		-0.1	-0.07	0.28	-0.21	-0.03	-0.65	-0.13	0.23	-0.35	-0.19	-0.12	0.03	0.92	0.31	-0.35	-0.89	0.37	-0.08	-0.24	-0.33	-0.62
Accounts Payable	0.4	0.12	0.35	-0.18	-0.1		-0.06	0.44	-0.13	0.13	-0.29	-0.18	0.27	0.05	-0.02	-0.33	0.23	-0.33	-0.46	-0.09	0.09	0.24	-0.2	-0.09	-0.2	-0.35
Cash	0.4	-0.32	0.49	-0.66	-0.07	-0.06		0.1	0.95	0.08	0.14	0.4	0.13	-0.34	0.75	-0.23	0.11	-0.14	-0.1	-0.42	0.16	-0.45	-0.22	0.54	0.74	0.2
Non Current Assets Total	0.92	0.11	0.82	-0.15	0.28	0.44	0.1		0.0	-0.01	-0.4	0.05	0.66	0.07	-0.01	-0.13	0.4	-0.07	-0.16	-0.16	-0.14	0.24	0.02	-0.18	-0.15	-0.41
Cash And Short Term Investments	0.3	-0.21	0.38	-0.57	-0.21	-0.13	0.95	0.0		0.01	0.37	0.34	0.09	-0.26	0.74	-0.16	0.07	-0.25	-0.22	-0.12	0.33	-0.58	-0.13	0.61	0.7	0.39
Net Receivables	0.26	0.1	0.21	0.03	-0.03	0.13	0.08	-0.01	0.01		0.01	-0.07	0.03	0.06	0.67	0.06	-0.13	-0.15	-0.16	-0.27	0.04	-0.34	0.1	0.25	0.16	0.19
Common Stock Shares Outstanding	-0.26	-0.07	-0.18	-0.04	-0.65	-0.29	0.14	-0.4	0.37	0.01		0.22	-0.22	-0.04	0.33	-0.05	-0.29	-0.49	-0.17	0.56	0.76	-0.81	-0.09	0.67	0.27	0.9
Other Current Assets	0.16	-0.25	0.24	-0.32	-0.13	-0.18	0.4	0.05	0.34	-0.07	0.22		0.04	-0.26	0.26	-0.16	-0.06	-0.12	0.05	-0.29	0.17	-0.34	-0.15	0.26	0.63	0.17
Other Stockholder Equity	0.64	0.04	0.6	-0.15	0.23	0.27	0.13	0.66	0.09	0.03	-0.22	0.04		0.01	0.09	-0.11	0.71	-0.02	-0.11	-0.19	-0.1	0.12	-0.01	-0.08	-0.14	-0.24
Total Liab	0.0	0.95	-0.39	0.87	-0.35	0.05	-0.34	0.07	-0.26	0.06	-0.04	-0.26	0.01		-0.16	0.87	-0.13	-0.34	0.1	0.3	0.14	0.41	0.88	-0.64	0.0	0.19
Total Current Assets	0.39	-0.1	0.42	-0.41	-0.19	-0.02	0.75	-0.01	0.74	0.67	0.33	0.26	0.09	-0.16		-0.1	-0.04	-0.29	-0.27	-0.25	0.29	-0.69	-0.05	0.65	0.63	0.44
Short Long Term Debt Total	-0.15	0.8	-0.49	0.87	-0.12	-0.33	-0.23	-0.13	-0.16	0.06	-0.05	-0.16	-0.11	0.87	-0.1		-0.35	0.0	0.41	0.17	-0.07	0.34	0.95	-0.61	0.17	0.27
Other Current Liab	0.35	-0.05	0.37	-0.32	0.03	0.23	0.11	0.4	0.07	-0.13	-0.29	-0.06	0.71	-0.13	-0.04	-0.35		-0.19	-0.38	-0.17	0.03	0.2	-0.26	-0.06	-0.28	-0.47
Non Currrent Assets Other	-0.17	-0.35	-0.04	-0.04	0.92	-0.33	-0.14	-0.07	-0.25	-0.15	-0.49	-0.12	-0.02	-0.34	-0.29	0.0	-0.19		0.51	-0.28	-0.89	0.33	-0.04	-0.25	-0.26	-0.45
Non Current Liabilities Total	-0.25	-0.15	-0.28	0.32	0.31	-0.46	-0.1	-0.16	-0.22	-0.16	-0.17	0.05	-0.11	0.1	-0.27	0.41	-0.38	0.51		-0.39	-0.39	0.29	0.15	-0.34	0.14	0.05
Short Term Investments	-0.27	0.38	-0.32	0.36	-0.35	-0.09	-0.42	-0.16	-0.12	-0.27	0.56	-0.29	-0.19	0.3	-0.25	0.17	-0.17	-0.28	-0.39		0.41	-0.22	0.26	0.09	-0.39	0.4
Common Stock	-0.02	0.13	-0.06	-0.03	-0.89	0.09	0.16	-0.14	0.33	0.04	0.76	0.17	-0.1	0.14	0.29	-0.07	0.03	-0.89	-0.39	0.41		-0.56	-0.08	0.47	0.28	0.67
Current Deferred Revenue	-0.04	0.37	-0.22	0.44	0.37	0.24	-0.45	0.24	-0.58	-0.34	-0.81	-0.34	0.12	0.41	-0.69	0.34	0.2	0.33	0.29	-0.22	-0.56		0.33	-0.93	-0.38	-0.71
Short Term Debt	0.01	0.89	-0.35	0.83	-0.08	-0.2	-0.22	0.02	-0.13	0.1	-0.09	-0.15	-0.01	0.88	-0.05	0.95	-0.26	-0.04	0.15	0.26	-0.08	0.33		-0.61	0.13	0.19
Net Tangible Assets	0.08	-0.6	0.35	-0.7	-0.24	-0.09	0.54	-0.18	0.61	0.25	0.67	0.26	-0.08	-0.64	0.65	-0.61	-0.06	-0.25	-0.34	0.09	0.47	-0.93	-0.61		0.3	0.51
Long Term Investments	0.12	-0.03	0.09	-0.2	-0.33	-0.2	0.74	-0.15	0.7	0.16	0.27	0.63	-0.14	0.0	0.63	0.17	-0.28	-0.26	0.14	-0.39	0.28	-0.38	0.13	0.3		0.49
Property Plant Equipment	-0.21	0.11	-0.24	0.17	-0.62	-0.35	0.2	-0.41	0.39	0.19	0.9	0.17	-0.24	0.19	0.44	0.27	-0.47	-0.45	0.05	0.4	0.67	-0.71	0.19	0.51	0.49

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Stellar AfricaGold Account Relationship Matchups

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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