Galiano Short Long Term Debt Total vs Net Receivables Analysis

GAU Stock

USD 1.68 0.09 5.08%

Galiano Gold financial indicator trend analysis is much more than just examining Galiano Gold latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Galiano Gold is a good investment. Please check the relationship between Galiano Gold Short Long Term Debt Total and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galiano Gold. 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.

For more information on how to buy Galiano Stock please use our How to Invest in Galiano Gold guide.

Short Long Term Debt Total vs Net Receivables

Short Long Term Debt Total vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Galiano Gold Short Long Term Debt Total account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Galiano Gold's Short Long Term Debt Total and Net Receivables is 0.44. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Galiano Gold, assuming nothing else is changed. The correlation between historical values of Galiano Gold's Short Long Term Debt Total and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Galiano Gold are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Short Long Term Debt Total i.e., Galiano Gold's Short Long Term Debt Total and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.44

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Short Long Term Debt Total

Net Receivables

Most indicators from Galiano Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Galiano Gold 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galiano Gold. 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.

For more information on how to buy Galiano Stock please use our How to Invest in Galiano Gold guide.Selling General Administrative is likely to drop to about 10.3 M in 2024. Sales General And Administrative To Revenue is likely to drop to 0.08 in 2024

	2021	2022	2023	2024 (projected)
Cost Of Revenue	146.7K	140.2K	145.6K	138.3K
Interest Income	257K	1.0M	2.7M	2.5M

Cost Of Revenue Interest Income

Galiano Gold fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Common Stock	Other Current Assets	Other Stockholder Equity	Accounts Payable	Non Current Liabilities Total	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Property Plant And Equipment Gross	Net Receivables	Other Current Liab	Short Term Investments	Common Stock Total Equity	Inventory	Short Long Term Debt Total	Current Deferred Revenue
Total Assets		0.9	0.96	0.46	0.3	0.18	0.2	0.26	0.94	0.36	0.41	0.85	0.69	0.87	0.94	0.95	0.94	-0.23	0.95	0.48	0.74	0.34	0.35	0.75	0.83	-0.6
Total Current Liabilities	0.9		0.77	0.66	0.27	-0.06	-0.05	0.23	0.96	0.12	0.29	0.94	0.74	0.94	0.93	0.95	0.92	-0.33	0.95	0.43	0.77	0.15	0.27	0.81	0.86	-0.58
Total Stockholder Equity	0.96	0.77		0.3	0.24	0.3	0.31	0.3	0.83	0.44	0.49	0.71	0.65	0.73	0.83	0.84	0.87	-0.07	0.84	0.38	0.63	0.46	0.42	0.61	0.7	-0.51
Net Debt	0.46	0.66	0.3		-0.13	-0.77	-0.75	0.44	0.62	-0.62	0.3	0.72	0.4	0.74	0.59	0.58	0.73	-0.08	0.58	0.58	0.57	-0.15	0.36	0.63	0.44	-0.07
Retained Earnings	0.3	0.27	0.24	-0.13		0.44	0.43	-0.83	0.36	0.49	-0.72	0.15	0.24	0.26	0.38	0.4	0.13	-0.22	0.39	-0.05	0.18	-0.52	-0.76	0.26	0.66	-0.88
Cash	0.18	-0.06	0.3	-0.77	0.44		1.0	-0.41	0.03	0.97	-0.17	-0.15	0.01	-0.16	0.06	0.08	-0.16	-0.24	0.07	-0.29	-0.11	0.29	-0.27	-0.16	0.19	-0.45
Cash And Short Term Investments	0.2	-0.05	0.31	-0.75	0.43	1.0		-0.39	0.04	0.97	-0.15	-0.14	0.01	-0.15	0.07	0.1	-0.14	-0.24	0.09	-0.29	-0.1	0.29	-0.25	-0.15	0.2	-0.45
Common Stock Shares Outstanding	0.26	0.23	0.3	0.44	-0.83	-0.41	-0.39		0.16	-0.36	0.93	0.3	0.13	0.22	0.14	0.12	0.42	0.18	0.13	0.29	0.23	0.67	0.96	0.14	-0.22	0.59
Total Liab	0.94	0.96	0.83	0.62	0.36	0.03	0.04	0.16		0.23	0.26	0.94	0.69	0.96	1.0	1.0	0.93	-0.41	1.0	0.56	0.8	0.12	0.22	0.84	0.92	-0.68
Total Current Assets	0.36	0.12	0.44	-0.62	0.49	0.97	0.97	-0.36	0.23		-0.11	0.05	0.14	0.04	0.26	0.27	0.02	-0.35	0.26	-0.08	0.12	0.32	-0.22	0.08	0.37	-0.58
Common Stock	0.41	0.29	0.49	0.3	-0.72	-0.17	-0.15	0.93	0.26	-0.11		0.36	0.26	0.29	0.24	0.23	0.48	0.16	0.23	0.32	0.27	0.79	0.98	0.2	-0.09	0.42
Other Current Assets	0.85	0.94	0.71	0.72	0.15	-0.15	-0.14	0.3	0.94	0.05	0.36		0.56	0.98	0.92	0.92	0.89	-0.43	0.92	0.62	0.75	0.19	0.34	0.82	0.83	-0.5
Other Stockholder Equity	0.69	0.74	0.65	0.4	0.24	0.01	0.01	0.13	0.69	0.14	0.26	0.56		0.64	0.65	0.68	0.68	0.06	0.68	0.23	0.64	0.14	0.18	0.69	0.59	-0.48
Accounts Payable	0.87	0.94	0.73	0.74	0.26	-0.16	-0.15	0.22	0.96	0.04	0.29	0.98	0.64		0.95	0.94	0.91	-0.36	0.94	0.66	0.78	0.09	0.25	0.88	0.87	-0.59
Non Current Liabilities Total	0.94	0.93	0.83	0.59	0.38	0.06	0.07	0.14	1.0	0.26	0.24	0.92	0.65	0.95		1.0	0.91	-0.43	0.99	0.59	0.8	0.1	0.2	0.84	0.92	-0.7
Property Plant And Equipment Net	0.95	0.95	0.84	0.58	0.4	0.08	0.1	0.12	1.0	0.27	0.23	0.92	0.68	0.94	1.0		0.91	-0.41	1.0	0.52	0.76	0.1	0.18	0.81	0.93	-0.71
Non Current Assets Total	0.94	0.92	0.87	0.73	0.13	-0.16	-0.14	0.42	0.93	0.02	0.48	0.89	0.68	0.91	0.91	0.91		-0.12	0.92	0.54	0.76	0.26	0.46	0.77	0.75	-0.42
Non Currrent Assets Other	-0.23	-0.33	-0.07	-0.08	-0.22	-0.24	-0.24	0.18	-0.41	-0.35	0.16	-0.43	0.06	-0.36	-0.43	-0.41	-0.12		-0.41	-0.38	-0.39	0.04	0.15	-0.39	-0.48	0.47
Property Plant And Equipment Gross	0.95	0.95	0.84	0.58	0.39	0.07	0.09	0.13	1.0	0.26	0.23	0.92	0.68	0.94	0.99	1.0	0.92	-0.41		0.53	0.76	0.1	0.19	0.81	0.93	-0.71
Net Receivables	0.48	0.43	0.38	0.58	-0.05	-0.29	-0.29	0.29	0.56	-0.08	0.32	0.62	0.23	0.66	0.59	0.52	0.54	-0.38	0.53		0.74	0.11	0.3	0.77	0.44	-0.26
Other Current Liab	0.74	0.77	0.63	0.57	0.18	-0.11	-0.1	0.23	0.8	0.12	0.27	0.75	0.64	0.78	0.8	0.76	0.76	-0.39	0.76	0.74		0.17	0.27	0.96	0.65	-0.51
Short Term Investments	0.34	0.15	0.46	-0.15	-0.52	0.29	0.29	0.67	0.12	0.32	0.79	0.19	0.14	0.09	0.1	0.1	0.26	0.04	0.1	0.11	0.17		0.74	0.07	-0.11	0.29
Common Stock Total Equity	0.35	0.27	0.42	0.36	-0.76	-0.27	-0.25	0.96	0.22	-0.22	0.98	0.34	0.18	0.25	0.2	0.18	0.46	0.15	0.19	0.3	0.27	0.74		0.17	-0.15	0.5
Inventory	0.75	0.81	0.61	0.63	0.26	-0.16	-0.15	0.14	0.84	0.08	0.2	0.82	0.69	0.88	0.84	0.81	0.77	-0.39	0.81	0.77	0.96	0.07	0.17		0.75	-0.59
Short Long Term Debt Total	0.83	0.86	0.7	0.44	0.66	0.19	0.2	-0.22	0.92	0.37	-0.09	0.83	0.59	0.87	0.92	0.93	0.75	-0.48	0.93	0.44	0.65	-0.11	-0.15	0.75		-0.89
Current Deferred Revenue	-0.6	-0.58	-0.51	-0.07	-0.88	-0.45	-0.45	0.59	-0.68	-0.58	0.42	-0.5	-0.48	-0.59	-0.7	-0.71	-0.42	0.47	-0.71	-0.26	-0.51	0.29	0.5	-0.59	-0.89

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Galiano Gold Account Relationship Matchups

Galiano Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	144.5M	203.6M	136.2M	179.9M	212.2M	214.1M
Total Current Liabilities	2.3M	3.6M	2.6M	1.5M	11.9M	10.9M
Total Stockholder Equity	141.3M	198.9M	132.8M	173.7M	199.9M	169.9M
Net Debt	(30.5M)	(61.6M)	(53.1M)	(55.8M)	(54.8M)	(57.5M)
Retained Earnings	(487.2M)	(429.8M)	(498.7M)	(457.9M)	(429.6M)	(408.1M)
Cash	31.1M	62.2M	53.5M	56.1M	55.0M	70.4M
Cash And Short Term Investments	31.1M	62.2M	53.5M	56.1M	55.0M	65.0M
Common Stock Shares Outstanding	225.9M	224.9M	224.7M	224.9M	225.2M	236.4M
Liabilities And Stockholders Equity	144.5M	203.6M	136.2M	179.9M	212.2M	214.1M
Total Liab	3.2M	4.7M	3.4M	6.2M	12.3M	11.7M
Total Current Assets	35.8M	65.5M	61.7M	58.6M	56.8M	77.4M
Common Stock	578.9M	578.4M	578.8M	579.6M	576.7M	469.8M
Other Current Assets	347K	529K	765.0K	755.7K	760.1K	705.9K
Other Stockholder Equity	50.1M	50.0M	70.2K	23.6K	27.1K	25.8K
Accounts Payable	2.2M	2.5M	2.1M	4.2M	8.5K	8.1K
Non Current Liabilities Total	930K	1.1M	790K	4.7M	394.0K	374.3K
Accumulated Other Comprehensive Income	50.1M	50.0M	51.8M	52.0M	52.8M	27.5M
Property Plant And Equipment Net	679K	591K	2.1M	332K	223.8K	212.7K
Non Current Assets Total	108.7M	138.0M	74.5M	121.3M	155.4M	171.0M
Non Currrent Assets Other	173.1M	25K	78.3M	1.0	1.15	1.09
Property Plant And Equipment Gross	679K	591K	2.1M	332K	225K	213.8K
Net Receivables	4.3M	2.9M	7.4M	1.7M	1.1M	1.0M
Other Current Liab	2.2M	3.5M	2.5M	1.4M	11.8M	10.8M
Common Stock Total Equity	561.4M	578.9M	578.4M	578.8M	665.6M	513.8M
Long Term Debt Total	514K	421K	312K	204K	183.6K	174.4K
Short Term Debt	83K	94K	107K	110K	124.4K	118.1K
Property Plant Equipment	679K	591K	2.1M	332K	298.8K	283.9K
Other Liab	300K	416K	668K	478K	430.2K	408.7K
Net Tangible Assets	141.3M	198.9M	132.8M	173.7M	156.3M	206.1M
Cash And Equivalents	31.1M	62.2M	53.5M	56.1M	64.5M	50.6M
Net Invested Capital	141.3M	198.9M	132.8M	173.7M	200.9M	199.3M
Net Working Capital	33.5M	61.9M	59.0M	57.1M	53.8M	44.7M
Long Term Investments	108.0M	137.5M	72.4M	121.0M	156.0M	119.2M

Pair Trading with Galiano Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Galiano Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Galiano Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Galiano Stock

0.92	AA	Alcoa Corp Financial Report 17th of July 2024	Pair Corr
0.8	AG	First Majestic Silver	Pair Corr
0.83	AU	AngloGold Ashanti plc Buyout Trend	Pair Corr
0.79	NG	NovaGold Resources	Pair Corr

Moving against Galiano Stock

0.81	PKX	POSCO Holdings	Pair Corr
0.71	ZEUS	Olympic Steel	Pair Corr
0.71	CF	CF Industries Holdings	Pair Corr
0.7	X	United States Steel Sell-off Trend	Pair Corr
0.66	RS	Reliance Steel Aluminum	Pair Corr

The ability to find closely correlated positions to Galiano Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Galiano Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Galiano Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Galiano Gold to buy it.

The correlation of Galiano Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Galiano Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Galiano Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Galiano Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Galiano Stock Analysis

When running Galiano Gold's price analysis, check to measure Galiano 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 Galiano Gold is operating at the current time. Most of Galiano Gold's value examination focuses on studying past and present price action to predict the probability of Galiano 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 Galiano Gold's price. Additionally, you may evaluate how the addition of Galiano Gold to your portfolios can decrease your overall portfolio volatility.

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