White Inventory Turnover vs Free Cash Flow Per Share Analysis

WGO Stock

CAD 0.22 0.01 4.76%

White Gold financial indicator trend analysis is more than just analyzing White Gold Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether White Gold Corp is a good investment. Please check the relationship between White Gold Inventory Turnover and its Free Cash Flow Per Share accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in White 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.

Inventory Turnover vs Free Cash Flow Per Share

Inventory Turnover vs Free Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of White Gold Corp Inventory Turnover account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have no relationship.

The correlation between White Gold's Inventory Turnover and Free Cash Flow Per Share is 0.02. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of White Gold Corp, assuming nothing else is changed. The correlation between historical values of White Gold's Inventory Turnover and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of White Gold Corp are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Inventory Turnover i.e., White Gold's Inventory Turnover and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

0.02

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Most indicators from White Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into White 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in White 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, White Gold's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 8.3 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (19.68) in 2024.

White Gold fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Other Current Liab	Short Term Investments	Common Stock	Net Tangible Assets	Other Assets
Total Assets		-0.52	0.44	1.0	0.68	-0.49	-0.9	0.59	0.46	1.0	0.76	0.46	0.42	0.98	0.94	-0.78	0.65	0.59	0.98	0.48	-0.52	0.48	-0.36	0.96	1.0	-0.13
Short Long Term Debt Total	-0.52		-0.26	-0.52	-0.4	0.45	0.29	-0.23	-0.43	-0.5	-0.32	-0.43	-0.33	-0.49	-0.48	0.37	-0.34	-0.37	-0.49	-0.43	1.0	-0.35	-0.14	-0.51	-0.51	0.2
Total Current Liabilities	0.44	-0.26		0.43	0.48	-0.88	-0.22	0.87	0.89	0.37	-0.09	0.89	0.49	0.3	0.45	-0.5	0.19	0.18	0.53	0.89	-0.26	0.99	-0.35	0.45	0.42	0.46
Total Stockholder Equity	1.0	-0.52	0.43		0.67	-0.49	-0.91	0.58	0.46	1.0	0.77	0.46	0.42	0.99	0.93	-0.78	0.65	0.59	0.98	0.47	-0.52	0.47	-0.36	0.96	1.0	-0.15
Property Plant And Equipment Net	0.68	-0.4	0.48	0.67		-0.47	-0.51	0.48	0.47	0.66	0.31	0.47	0.5	0.59	0.8	-0.59	0.63	0.35	0.72	0.49	-0.4	0.49	-0.36	0.77	0.62	0.04
Net Debt	-0.49	0.45	-0.88	-0.49	-0.47		0.29	-0.87	-1.0	-0.41	-0.06	-1.0	-0.39	-0.38	-0.43	0.59	-0.3	-0.24	-0.52	-1.0	0.45	-0.89	0.36	-0.49	-0.47	-0.22
Retained Earnings	-0.9	0.29	-0.22	-0.91	-0.51	0.29		-0.46	-0.27	-0.92	-0.88	-0.27	-0.13	-0.95	-0.84	0.72	-0.62	-0.62	-0.87	-0.27	0.29	-0.24	0.46	-0.87	-0.91	0.23
Accounts Payable	0.59	-0.23	0.87	0.58	0.48	-0.87	-0.46		0.88	0.52	0.16	0.88	0.3	0.49	0.57	-0.58	0.39	0.28	0.62	0.87	-0.23	0.84	-0.52	0.62	0.57	0.16
Cash	0.46	-0.43	0.89	0.46	0.47	-1.0	-0.27	0.88		0.38	0.03	1.0	0.39	0.35	0.42	-0.58	0.3	0.23	0.49	1.0	-0.43	0.89	-0.37	0.48	0.44	0.23
Non Current Assets Total	1.0	-0.5	0.37	1.0	0.66	-0.41	-0.92	0.52	0.38		0.79	0.38	0.4	0.99	0.94	-0.76	0.65	0.59	0.98	0.39	-0.5	0.41	-0.34	0.96	0.99	-0.16
Non Currrent Assets Other	0.76	-0.32	-0.09	0.77	0.31	-0.06	-0.88	0.16	0.03	0.79		0.03	-0.15	0.85	0.67	-0.5	0.59	0.55	0.7	0.02	-0.32	-0.05	-0.18	0.71	0.78	-0.46
Cash And Short Term Investments	0.46	-0.43	0.89	0.46	0.47	-1.0	-0.27	0.88	1.0	0.38	0.03		0.39	0.35	0.42	-0.58	0.3	0.23	0.49	1.0	-0.43	0.89	-0.37	0.48	0.44	0.23
Net Receivables	0.42	-0.33	0.49	0.42	0.5	-0.39	-0.13	0.3	0.39	0.4	-0.15	0.39		0.31	0.43	-0.44	0.07	0.13	0.45	0.43	-0.33	0.52	-0.21	0.42	0.41	0.32
Common Stock Shares Outstanding	0.98	-0.49	0.3	0.99	0.59	-0.38	-0.95	0.49	0.35	0.99	0.85	0.35	0.31		0.9	-0.75	0.63	0.6	0.95	0.36	-0.49	0.35	-0.34	0.94	0.99	-0.21
Non Current Liabilities Total	0.94	-0.48	0.45	0.93	0.8	-0.43	-0.84	0.57	0.42	0.94	0.67	0.42	0.43	0.9		-0.73	0.67	0.57	0.95	0.44	-0.48	0.47	-0.4	0.98	0.92	-0.07
Inventory	-0.78	0.37	-0.5	-0.78	-0.59	0.59	0.72	-0.58	-0.58	-0.76	-0.5	-0.58	-0.44	-0.75	-0.73		-0.46	-0.31	-0.77	-0.59	0.37	-0.52	0.6	-0.77	-0.78	-0.32
Other Current Assets	0.65	-0.34	0.19	0.65	0.63	-0.3	-0.62	0.39	0.3	0.65	0.59	0.3	0.07	0.63	0.67	-0.46		0.4	0.62	0.3	-0.34	0.19	-0.22	0.69	0.63	-0.24
Other Stockholder Equity	0.59	-0.37	0.18	0.59	0.35	-0.24	-0.62	0.28	0.23	0.59	0.55	0.23	0.13	0.6	0.57	-0.31	0.4		0.56	0.23	-0.37	0.21	0.2	0.6	0.59	-0.34
Total Liab	0.98	-0.49	0.53	0.98	0.72	-0.52	-0.87	0.62	0.49	0.98	0.7	0.49	0.45	0.95	0.95	-0.77	0.62	0.56		0.51	-0.49	0.57	-0.37	0.96	0.98	-0.04
Total Current Assets	0.48	-0.43	0.89	0.47	0.49	-1.0	-0.27	0.87	1.0	0.39	0.02	1.0	0.43	0.36	0.44	-0.59	0.3	0.23	0.51		-0.43	0.9	-0.37	0.49	0.46	0.24
Short Term Debt	-0.52	1.0	-0.26	-0.52	-0.4	0.45	0.29	-0.23	-0.43	-0.5	-0.32	-0.43	-0.33	-0.49	-0.48	0.37	-0.34	-0.37	-0.49	-0.43		-0.35	-0.14	-0.51	-0.51	0.2
Other Current Liab	0.48	-0.35	0.99	0.47	0.49	-0.89	-0.24	0.84	0.89	0.41	-0.05	0.89	0.52	0.35	0.47	-0.52	0.19	0.21	0.57	0.9	-0.35		-0.31	0.48	0.46	0.45
Short Term Investments	-0.36	-0.14	-0.35	-0.36	-0.36	0.36	0.46	-0.52	-0.37	-0.34	-0.18	-0.37	-0.21	-0.34	-0.4	0.6	-0.22	0.2	-0.37	-0.37	-0.14	-0.31		-0.42	-0.35	-0.29
Common Stock	0.96	-0.51	0.45	0.96	0.77	-0.49	-0.87	0.62	0.48	0.96	0.71	0.48	0.42	0.94	0.98	-0.77	0.69	0.6	0.96	0.49	-0.51	0.48	-0.42		0.95	-0.12
Net Tangible Assets	1.0	-0.51	0.42	1.0	0.62	-0.47	-0.91	0.57	0.44	0.99	0.78	0.44	0.41	0.99	0.92	-0.78	0.63	0.59	0.98	0.46	-0.51	0.46	-0.35	0.95		-0.15
Other Assets	-0.13	0.2	0.46	-0.15	0.04	-0.22	0.23	0.16	0.23	-0.16	-0.46	0.23	0.32	-0.21	-0.07	-0.32	-0.24	-0.34	-0.04	0.24	0.2	0.45	-0.29	-0.12	-0.15

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White Gold Account Relationship Matchups

White Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	114.1M	117.2M	127.6M	131.1M	134.5M	141.2M
Total Current Liabilities	1.1M	757.3K	1.3M	1.2M	1.0M	790.8K
Total Stockholder Equity	101.6M	102.2M	113.6M	117.2M	120.2M	126.2M
Property Plant And Equipment Net	108.5M	113.0M	117.7M	124.9M	7.3K	7.0K
Net Debt	(4.8M)	(4.1M)	(9.6M)	(6.1M)	(4.9M)	(5.2M)
Retained Earnings	(18.5M)	(25.1M)	(26.3M)	(27.4M)	(29.6M)	(28.1M)
Accounts Payable	211.0K	140.6K	239.6K	214.7K	254.5K	154.1K
Cash	4.8M	4.1M	9.6M	6.1M	4.9M	3.7M
Non Current Assets Total	108.5M	113.0M	117.7M	124.9M	129.4M	135.9M
Cash And Short Term Investments	4.8M	4.1M	9.6M	6.1M	4.9M	3.7M
Net Receivables	763.2K	120.4K	123.0K	111.8K	103.3K	152.5K
Common Stock Shares Outstanding	114.0M	128.7M	134.8M	150.0M	161.3M	169.4M
Liabilities And Stockholders Equity	114.1M	117.2M	127.6M	131.1M	134.5M	141.2M
Non Current Liabilities Total	11.4M	14.2M	12.6M	12.7M	13.2M	6.7M
Other Current Assets	47.7K	44.1K	162.6K	41.7K	42.7K	31.7K
Other Stockholder Equity	4.4M	5.2M	5.8M	6.5M	7.2M	5.1M
Total Liab	12.5M	15.0M	14.0M	13.9M	14.3M	15.0M
Total Current Assets	5.6M	4.2M	9.9M	6.3M	5.1M	3.9M
Other Current Liab	894.2K	616.7K	1.1M	949.6K	755.7K	843.5K
Common Stock	115.6M	122.2M	134.2M	138.1M	142.6M	84.5M
Net Tangible Assets	94.9M	101.6M	102.2M	113.6M	130.7M	137.2M
Other Assets	20.1K	20.2K	5.0K	1.0	0.9	0.86
Property Plant Equipment	91.6M	108.5M	113.0M	117.7M	135.3M	71.7M
Other Liab	11.2M	11.4M	14.2M	12.6M	14.5M	12.4M
Net Invested Capital	101.6M	102.2M	113.6M	117.2M	120.2M	114.5M
Non Current Liabilities Other	7.8M	9.7M	7.7M	6.3M	6.3M	5.9M
Net Working Capital	4.5M	3.5M	8.6M	5.1M	4.1M	5.7M
Capital Stock	115.6M	122.2M	134.2M	138.1M	142.6M	139.6M

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