Stakeholder Total Current Assets vs Total Assets Analysis
SRC Stock | CAD 0.95 0.00 0.00% |
Stakeholder Gold financial indicator trend analysis is much more than just breaking down Stakeholder Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stakeholder Gold Corp is a good investment. Please check the relationship between Stakeholder Gold Total Current Assets and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stakeholder Gold Corp. 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 Current Assets vs Total Assets
Total Current Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stakeholder Gold Corp Total Current Assets account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Stakeholder Gold's Total Current Assets and Total Assets is 0.96. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Stakeholder Gold Corp, assuming nothing else is changed. The correlation between historical values of Stakeholder Gold's Total Current Assets and Total Assets 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 Current Assets of Stakeholder Gold Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Assets i.e., Stakeholder Gold's Total Current Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Total Assets
Total assets refers to the total amount of Stakeholder Gold assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Stakeholder Gold Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Stakeholder Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stakeholder Gold Corp 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 Stakeholder Gold Corp. 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, Stakeholder Gold's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 3 M in 2024, whereas Tax Provision is likely to drop 0.00 in 2024.
Stakeholder Gold fundamental ratios Correlations
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Stakeholder Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Stakeholder Gold fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 101.0K | 262.8K | 2.1M | 2.6M | 4.1M | 4.3M | |
Total Current Liabilities | 153.2K | 140.8K | 538.4K | 729.3K | 599.6K | 385.8K | |
Total Stockholder Equity | (52.2K) | 122.0K | 1.5M | 1.7M | 3.3M | 3.5M | |
Net Tangible Assets | (52.2K) | 122.0K | 1.5M | 1.7M | 2.0M | 2.1M | |
Retained Earnings | (14.6M) | (15.8M) | (15.7M) | (15.7M) | (17.1M) | (17.9M) | |
Accounts Payable | 86.5K | 29.6K | 523.2K | 729.3K | 838.6K | 880.6K | |
Cash | 32.3K | 197.1K | 366.6K | 39.3K | 742.4K | 779.5K | |
Net Receivables | 67.5K | 14.3K | 415.7K | 144.6K | 719.8K | 755.8K | |
Total Liab | 153.2K | 140.8K | 659.4K | 873.6K | 760.7K | 428.5K | |
Total Current Assets | 101.0K | 262.8K | 956.5K | 1.0M | 2.6M | 2.7M | |
Common Stock | 11.0M | 12.3M | 13.7M | 14.1M | 16.2M | 11.1M | |
Common Stock Shares Outstanding | 5.3M | 11.2M | 12.6M | 13.1M | 16.1M | 10.1M | |
Net Invested Capital | (52.2K) | 122.0K | 1.5M | 1.7M | 3.3M | 3.5M | |
Net Working Capital | (52.2K) | 122.0K | 418.2K | 312.7K | 2.0M | 2.1M | |
Capital Stock | 11.0M | 12.3M | 13.7M | 14.1M | 15.9M | 14.2M |
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Additional Tools for Stakeholder Stock Analysis
When running Stakeholder Gold's price analysis, check to measure Stakeholder Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Stakeholder Gold is operating at the current time. Most of Stakeholder Gold's value examination focuses on studying past and present price action to predict the probability of Stakeholder Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stakeholder Gold's price. Additionally, you may evaluate how the addition of Stakeholder Gold to your portfolios can decrease your overall portfolio volatility.