Gold Net Tangible Assets vs Net Invested Capital Analysis

YGT Stock

CAD 0.06 0.01 20.00%

Gold Terra financial indicator trend analysis is much more than just examining Gold Terra Resource latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gold Terra Resource is a good investment. Please check the relationship between Gold Terra Net Tangible Assets and its Net Invested Capital accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Gold Terra Resource. 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.

Net Tangible Assets vs Net Invested Capital

Net Tangible Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gold Terra Resource Net Tangible Assets account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Gold Terra's Net Tangible Assets and Net Invested Capital is 0.98. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Gold Terra Resource, assuming nothing else is changed. The correlation between historical values of Gold Terra's Net Tangible Assets and Net Invested Capital 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 Tangible Assets of Gold Terra Resource are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Net Tangible Assets i.e., Gold Terra's Net Tangible Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from Gold Terra's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gold Terra Resource 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 Gold Terra Resource. 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, Gold Terra's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 18 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.5 M in 2024.

	2020	2021	2023	2024 (projected)
Interest Income	21.3K	781.0	702.9	667.76
Net Interest Income	20.4K	781.0	702.9	667.76

Interest Income Net Interest Income

Gold Terra fundamental ratios Correlations

	Total Assets	Other Current Liab	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	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Net Tangible Assets	Other Assets	Common Stock	Property Plant Equipment	Net Invested Capital	Net Working Capital	Other Liab	Capital Stock
Total Assets		0.73	0.64	1.0	0.85	-0.35	-0.98	0.76	0.18	0.99	0.25	0.35	0.06	0.96	-0.61	-0.23	0.86	0.28	0.89	0.77	0.89	0.92	0.9	0.56	0.48	0.87
Other Current Liab	0.73		0.66	0.72	0.69	-0.41	-0.78	0.62	0.2	0.72	0.03	0.42	-0.18	0.81	-0.45	0.28	0.91	0.31	0.65	0.49	0.65	0.63	0.64	0.11	0.74	0.7
Total Current Liabilities	0.64	0.66		0.64	0.65	-0.57	-0.65	0.76	0.51	0.59	-0.12	0.59	0.27	0.55	-0.16	0.11	0.75	0.54	0.51	0.47	0.51	0.54	0.44	0.39	0.26	0.43
Total Stockholder Equity	1.0	0.72	0.64		0.85	-0.35	-0.98	0.76	0.18	0.99	0.25	0.35	0.07	0.96	-0.61	-0.24	0.85	0.28	0.89	0.77	0.89	0.92	0.9	0.57	0.47	0.87
Property Plant And Equipment Net	0.85	0.69	0.65	0.85		-0.27	-0.83	0.8	0.08	0.85	-0.29	0.28	-0.07	0.85	-0.45	-0.2	0.89	0.19	0.74	0.79	0.74	0.77	0.68	0.38	0.58	0.65
Net Debt	-0.35	-0.41	-0.57	-0.35	-0.27		0.32	-0.39	-0.96	-0.25	0.05	-0.99	-0.31	-0.25	-0.07	-0.13	-0.36	-0.98	-0.15	-0.08	-0.14	-0.11	-0.15	-0.28	0.02	-0.14
Retained Earnings	-0.98	-0.78	-0.65	-0.98	-0.83	0.32		-0.75	-0.14	-0.98	-0.27	-0.32	0.0	-0.97	0.59	0.11	-0.87	-0.23	-0.9	-0.75	-0.9	-0.93	-0.9	-0.51	-0.53	-0.88
Accounts Payable	0.76	0.62	0.76	0.76	0.8	-0.39	-0.75		0.21	0.75	-0.11	0.39	0.24	0.75	-0.31	-0.18	0.82	0.31	0.57	0.75	0.57	0.62	0.53	0.3	0.43	0.54
Cash	0.18	0.2	0.51	0.18	0.08	-0.96	-0.14	0.21		0.07	-0.02	0.94	0.41	0.03	0.2	0.13	0.15	0.99	-0.01	-0.09	-0.02	-0.05	0.0	0.32	-0.26	-0.03
Non Current Assets Total	0.99	0.72	0.59	0.99	0.85	-0.25	-0.98	0.75	0.07		0.25	0.26	0.02	0.97	-0.64	-0.25	0.85	0.17	0.9	0.79	0.9	0.94	0.91	0.54	0.52	0.88
Non Currrent Assets Other	0.25	0.03	-0.12	0.25	-0.29	0.05	-0.27	-0.11	-0.02	0.25		-0.06	0.16	0.21	-0.34	-0.09	-0.09	-0.03	0.27	-0.01	0.29	0.29	0.41	0.27	-0.14	0.41
Cash And Short Term Investments	0.35	0.42	0.59	0.35	0.28	-0.99	-0.32	0.39	0.94	0.26	-0.06		0.29	0.26	0.05	0.12	0.37	0.97	0.19	0.1	0.18	0.14	0.18	0.28	-0.01	0.17
Net Receivables	0.06	-0.18	0.27	0.07	-0.07	-0.31	0.0	0.24	0.41	0.02	0.16	0.29		-0.09	0.37	-0.06	-0.13	0.37	-0.14	0.12	-0.13	-0.08	-0.13	0.31	-0.55	-0.19
Common Stock Shares Outstanding	0.96	0.81	0.55	0.96	0.85	-0.25	-0.97	0.75	0.03	0.97	0.21	0.26	-0.09		-0.66	-0.15	0.9	0.15	0.89	0.75	0.9	0.91	0.9	0.4	0.65	0.9
Short Term Investments	-0.61	-0.45	-0.16	-0.61	-0.45	-0.07	0.59	-0.31	0.2	-0.64	-0.34	0.05	0.37	-0.66		0.35	-0.49	0.13	-0.74	-0.27	-0.74	-0.71	-0.78	-0.32	-0.47	-0.81
Other Stockholder Equity	-0.23	0.28	0.11	-0.24	-0.2	-0.13	0.11	-0.18	0.13	-0.25	-0.09	0.12	-0.06	-0.15	0.35		0.01	0.12	-0.23	-0.29	-0.23	-0.27	-0.23	-0.27	0.02	-0.19
Total Liab	0.86	0.91	0.75	0.85	0.89	-0.36	-0.87	0.82	0.15	0.85	-0.09	0.37	-0.13	0.9	-0.49	0.01		0.26	0.75	0.69	0.75	0.76	0.72	0.24	0.76	0.75
Total Current Assets	0.28	0.31	0.54	0.28	0.19	-0.98	-0.23	0.31	0.99	0.17	-0.03	0.97	0.37	0.15	0.13	0.12	0.26		0.06	0.0	0.05	0.02	0.07	0.32	-0.14	0.05
Net Tangible Assets	0.89	0.65	0.51	0.89	0.74	-0.15	-0.9	0.57	-0.01	0.9	0.27	0.19	-0.14	0.89	-0.74	-0.23	0.75	0.06		0.65	1.0	0.99	0.98	0.57	0.52	0.96
Other Assets	0.77	0.49	0.47	0.77	0.79	-0.08	-0.75	0.75	-0.09	0.79	-0.01	0.1	0.12	0.75	-0.27	-0.29	0.69	0.0	0.65		0.65	0.71	0.6	0.46	0.35	0.55
Common Stock	0.89	0.65	0.51	0.89	0.74	-0.14	-0.9	0.57	-0.02	0.9	0.29	0.18	-0.13	0.9	-0.74	-0.23	0.75	0.05	1.0	0.65		0.99	0.98	0.56	0.52	0.96
Property Plant Equipment	0.92	0.63	0.54	0.92	0.77	-0.11	-0.93	0.62	-0.05	0.94	0.29	0.14	-0.08	0.91	-0.71	-0.27	0.76	0.02	0.99	0.71	0.99		0.96	0.57	0.49	0.94
Net Invested Capital	0.9	0.64	0.44	0.9	0.68	-0.15	-0.9	0.53	0.0	0.91	0.41	0.18	-0.13	0.9	-0.78	-0.23	0.72	0.07	0.98	0.6	0.98	0.96		0.6	0.49	0.99
Net Working Capital	0.56	0.11	0.39	0.57	0.38	-0.28	-0.51	0.3	0.32	0.54	0.27	0.28	0.31	0.4	-0.32	-0.27	0.24	0.32	0.57	0.46	0.56	0.57	0.6		-0.27	0.5
Other Liab	0.48	0.74	0.26	0.47	0.58	0.02	-0.53	0.43	-0.26	0.52	-0.14	-0.01	-0.55	0.65	-0.47	0.02	0.76	-0.14	0.52	0.35	0.52	0.49	0.49	-0.27		0.58
Capital Stock	0.87	0.7	0.43	0.87	0.65	-0.14	-0.88	0.54	-0.03	0.88	0.41	0.17	-0.19	0.9	-0.81	-0.19	0.75	0.05	0.96	0.55	0.96	0.94	0.99	0.5	0.58

Click cells to compare fundamentals

Gold Terra Account Relationship Matchups

Gold Terra fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	37.4M	41.4M	42.6M	49.1M	50.9M	53.4M
Other Current Liab	216.4K	198.4K	297.4K	553.9K	637.0K	668.8K
Total Current Liabilities	653.3K	560.0K	297.4K	903.7K	698.8K	397.4K
Total Stockholder Equity	36.7M	40.8M	42.1M	47.7M	49.4M	51.8M
Property Plant And Equipment Net	32.3M	37.8M	5.2K	45.7M	49.2M	51.6M
Net Debt	(4.7M)	(3.3M)	(2.1M)	(3.1M)	(2.8M)	(2.9M)
Retained Earnings	(14.6M)	(16.4M)	(18.9M)	(20.8M)	(23.0M)	(21.9M)
Accounts Payable	389.4K	361.5K	169.8K	349.8K	514.6K	540.4K
Cash	4.8M	3.3M	2.1M	3.1M	1.1M	1.0M
Non Current Assets Total	32.4M	37.9M	40.3M	45.8M	49.3M	51.8M
Non Currrent Assets Other	165K	25K	152.5K	40.1M	175.4K	166.7K
Cash And Short Term Investments	4.8M	3.3M	2.1M	3.1M	3.5M	2.5M
Net Receivables	106.1K	91.2K	82.8K	24.0K	27.6K	26.2K
Common Stock Shares Outstanding	132.9M	172.0M	189.2M	217.0M	281.2M	295.3M
Liabilities And Stockholders Equity	37.4M	41.4M	42.6M	49.1M	56.5M	59.3M
Other Stockholder Equity	3.5M	4.0M	4.3M	4.6M	5.2M	5.7M
Total Liab	713.8K	585.0K	455.4K	1.4M	1.5M	1.6M
Total Current Assets	5.0M	3.5M	2.3M	3.3M	1.6M	2.5M
Net Tangible Assets	36.7M	40.8M	42.1M	47.7M	54.8M	38.3M
Non Current Liabilities Total	60.4K	25K	158K	544K	785.9K	825.2K
Common Stock	47.7M	53.3M	56.7M	63.9M	73.5M	50.4M
Property Plant Equipment	32.3M	37.8M	40.1M	45.7M	52.5M	35.0M
Net Invested Capital	29.1M	36.7M	40.8M	47.7M	49.4M	41.8M
Net Working Capital	839.6K	4.3M	2.9M	2.4M	857.9K	815.0K
Other Liab	7K	25K	158K	544K	625.6K	656.9K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Gold Stock Analysis

When running Gold Terra's price analysis, check to measure Gold Terra'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 Gold Terra is operating at the current time. Most of Gold Terra's value examination focuses on studying past and present price action to predict the probability of Gold Terra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold Terra's price. Additionally, you may evaluate how the addition of Gold Terra to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC