| USAU Stock | | | USD 8.34 0.69 9.02% |
US Gold financial indicator trend analysis is much more than just breaking down US Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether US Gold Corp is a good investment. Please check the relationship between US Gold Net Receivables and its Cash And Short Term Investments accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in US 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 nation.
Net Receivables vs Cash And Short Term Investments
Net Receivables vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
US Gold Corp Net Receivables account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between US Gold's Net Receivables and Cash And Short Term Investments is -0.57. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of US Gold Corp, assuming nothing else is changed. The correlation between historical values of US Gold's Net Receivables and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of US Gold Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Receivables i.e., US Gold's Net Receivables and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.57 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Net Receivables
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of US Gold Corp balance sheet. This account contains US Gold investments that will expire within one year. These investments include stocks and bonds that can be liquidated by US Gold Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from US Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into US 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 US 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 nation.
At this time, US Gold's
Selling General Administrative is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 6.6
M in 2024, despite the fact that
Enterprise Value Multiple is likely to grow to
(4.44).
US Gold fundamental ratios Correlations
Click cells to compare fundamentals
US Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
US Gold fundamental ratios Accounts
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Additional Tools for USAU Stock Analysis
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measure US 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 US Gold is operating at the current time. Most of US Gold's value examination focuses on studying past and present price action to
predict the probability of US 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 US Gold's price. Additionally, you may evaluate how the addition of US Gold to your portfolios can decrease your overall portfolio volatility.