USAU Total Liab vs Net Working Capital Analysis

USAU Stock

USD 5.36 0.05 0.94%

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 Total Liab and its Net Working Capital 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 tightly coupled with the direction of predictive economic indicators such as signals in nation.

Total Liab vs Net Working Capital

Total Liab vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of US Gold Corp Total Liab account and Net Working Capital. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between US Gold's Total Liab and Net Working Capital is -0.18. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Net Working Capital 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 Total Liab and Net Working 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 Total Liab of US Gold Corp are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Liab i.e., US Gold's Total Liab and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.18

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Net Working Capital

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 tightly coupled 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 6.8 M in 2024, despite the fact that Enterprise Value Multiple is likely to grow to (2.53).

	2023	2024 (projected)
Non Recurring	4.6M	2.8M
Reconciled Depreciation	102.3K	53.4K

Non Recurring Reconciled Depreciation

US Gold fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Accounts Payable	Non Currrent Assets Other	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Short Long Term Debt Total	Short Term Debt	Intangible Assets	Net Tangible Assets
Total Assets		-0.55	0.98	0.87	-0.88	-0.62	0.89	0.86	0.89	-0.61	0.72	0.52	0.59	0.69	0.04	0.72	0.4	-0.05	0.47	0.87	-0.16	-0.16	-0.12	-0.53	0.6	0.9
Total Current Liabilities	-0.55		-0.65	-0.68	0.72	0.5	-0.59	-0.66	-0.59	0.94	-0.63	-0.4	-0.77	-0.57	0.52	-0.25	0.32	0.48	0.04	-0.68	0.33	0.33	0.32	0.86	-0.73	-0.72
Total Stockholder Equity	0.98	-0.65		0.84	-0.91	-0.56	0.93	0.82	0.93	-0.7	0.66	0.39	0.63	0.64	-0.18	0.68	0.31	-0.1	0.36	0.84	-0.2	-0.2	-0.14	-0.6	0.67	0.88
Property Plant And Equipment Net	0.87	-0.68	0.84		-0.77	-0.87	0.66	1.0	0.66	-0.77	0.95	0.74	0.72	0.93	0.07	0.51	0.04	-0.38	0.39	1.0	-0.44	-0.44	-0.38	-0.68	0.55	0.98
Net Debt	-0.88	0.72	-0.91	-0.77		0.38	-0.96	-0.74	-0.96	0.7	-0.64	-0.47	-0.62	-0.54	0.2	-0.82	-0.29	-0.06	-0.32	-0.78	0.02	0.02	-0.09	0.55	-0.83	-0.85
Retained Earnings	-0.62	0.5	-0.56	-0.87	0.38		-0.28	-0.88	-0.28	0.64	-0.9	-0.72	-0.65	-0.94	-0.24	-0.1	0.23	0.61	-0.35	-0.86	0.63	0.63	0.63	0.62	-0.18	-0.79
Cash	0.89	-0.59	0.93	0.66	-0.96	-0.28		0.64	1.0	-0.59	0.49	0.29	0.53	0.41	-0.21	0.81	0.4	0.18	0.34	0.68	0.03	0.03	0.19	-0.41	0.79	0.75
Non Current Assets Total	0.86	-0.66	0.82	1.0	-0.74	-0.88	0.64		0.64	-0.75	0.96	0.75	0.7	0.94	0.11	0.5	0.04	-0.39	0.41	1.0	-0.43	-0.43	-0.41	-0.68	0.5	0.97
Cash And Short Term Investments	0.89	-0.59	0.93	0.66	-0.96	-0.28	1.0	0.64		-0.59	0.49	0.29	0.53	0.41	-0.21	0.81	0.4	0.18	0.34	0.68	0.03	0.03	0.19	-0.41	0.79	0.75
Net Receivables	-0.61	0.94	-0.7	-0.77	0.7	0.64	-0.59	-0.75	-0.59		-0.72	-0.41	-0.85	-0.65	0.46	-0.21	0.36	0.53	-0.01	-0.77	0.51	0.51	0.39	0.81	-0.71	-0.77
Common Stock Shares Outstanding	0.72	-0.63	0.66	0.95	-0.64	-0.9	0.49	0.96	0.49	-0.72		0.88	0.72	0.95	0.24	0.39	-0.1	-0.4	0.38	0.95	-0.45	-0.45	-0.38	-0.63	0.46	0.91
Non Current Liabilities Total	0.52	-0.4	0.39	0.74	-0.47	-0.72	0.29	0.75	0.29	-0.41	0.88		0.46	0.79	0.56	0.39	0.02	-0.22	0.41	0.74	-0.13	-0.13	-0.21	-0.43	0.28	0.7
Other Current Assets	0.59	-0.77	0.63	0.72	-0.62	-0.65	0.53	0.7	0.53	-0.85	0.72	0.46		0.64	-0.24	0.22	-0.25	-0.4	-0.03	0.72	-0.51	-0.51	-0.37	-0.72	0.57	0.71
Other Stockholder Equity	0.69	-0.57	0.64	0.93	-0.54	-0.94	0.41	0.94	0.41	-0.65	0.95	0.79	0.64		0.21	0.31	-0.14	-0.52	0.41	0.92	-0.56	-0.56	-0.52	-0.64	0.29	0.89
Total Liab	0.04	0.52	-0.18	0.07	0.2	-0.24	-0.21	0.11	-0.21	0.46	0.24	0.56	-0.24	0.21		0.13	0.36	0.24	0.43	0.07	0.21	0.21	0.09	0.35	-0.38	-0.01
Total Current Assets	0.72	-0.25	0.68	0.51	-0.82	-0.1	0.81	0.5	0.81	-0.21	0.39	0.39	0.22	0.31	0.13		0.64	0.41	0.47	0.53	0.3	0.3	0.35	-0.13	0.55	0.6
Other Current Liab	0.4	0.32	0.31	0.04	-0.29	0.23	0.4	0.04	0.4	0.36	-0.1	0.02	-0.25	-0.14	0.36	0.64		0.65	0.26	0.05	0.59	0.59	0.43	0.24	0.08	0.08
Accounts Payable	-0.05	0.48	-0.1	-0.38	-0.06	0.61	0.18	-0.39	0.18	0.53	-0.4	-0.22	-0.4	-0.52	0.24	0.41	0.65		0.12	-0.35	0.66	0.66	0.93	0.7	0.14	-0.35
Non Currrent Assets Other	0.47	0.04	0.36	0.39	-0.32	-0.35	0.34	0.41	0.34	-0.01	0.38	0.41	-0.03	0.41	0.43	0.47	0.26	0.12		0.39	0.0	0.0	0.0	-0.01	0.0	0.4
Property Plant And Equipment Gross	0.87	-0.68	0.84	1.0	-0.78	-0.86	0.68	1.0	0.68	-0.77	0.95	0.74	0.72	0.92	0.07	0.53	0.05	-0.35	0.39		-0.43	-0.43	-0.35	-0.67	0.57	0.98
Common Stock Total Equity	-0.16	0.33	-0.2	-0.44	0.02	0.63	0.03	-0.43	0.03	0.51	-0.45	-0.13	-0.51	-0.56	0.21	0.3	0.59	0.66	0.0	-0.43		1.0	0.55	0.33	-0.08	-0.37
Common Stock	-0.16	0.33	-0.2	-0.44	0.02	0.63	0.03	-0.43	0.03	0.51	-0.45	-0.13	-0.51	-0.56	0.21	0.3	0.59	0.66	0.0	-0.43	1.0		0.55	0.33	-0.08	-0.37
Short Long Term Debt Total	-0.12	0.32	-0.14	-0.38	-0.09	0.63	0.19	-0.41	0.19	0.39	-0.38	-0.21	-0.37	-0.52	0.09	0.35	0.43	0.93	0.0	-0.35	0.55	0.55		0.69	0.31	-0.35
Short Term Debt	-0.53	0.86	-0.6	-0.68	0.55	0.62	-0.41	-0.68	-0.41	0.81	-0.63	-0.43	-0.72	-0.64	0.35	-0.13	0.24	0.7	-0.01	-0.67	0.33	0.33	0.69		-0.38	-0.72
Intangible Assets	0.6	-0.73	0.67	0.55	-0.83	-0.18	0.79	0.5	0.79	-0.71	0.46	0.28	0.57	0.29	-0.38	0.55	0.08	0.14	0.0	0.57	-0.08	-0.08	0.31	-0.38		0.58
Net Tangible Assets	0.9	-0.72	0.88	0.98	-0.85	-0.79	0.75	0.97	0.75	-0.77	0.91	0.7	0.71	0.89	-0.01	0.6	0.08	-0.35	0.4	0.98	-0.37	-0.37	-0.35	-0.72	0.58

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US Gold Account Relationship Matchups

US Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.8M	31.3M	27.5M	24.2M	21.8M	17.1M
Total Current Liabilities	157.8K	619.0K	1.1M	378.8K	340.9K	323.9K
Total Stockholder Equity	9.5M	30.5M	23.7M	18.9M	17.0M	12.6M
Property Plant And Equipment Net	6.3M	16.5M	16.8M	14.9M	17.1M	18.0M
Net Debt	(2.7M)	(13.6M)	(9.0M)	(7.8M)	(9.0M)	(9.4M)
Retained Earnings	(31.6M)	(44.0M)	(57.9M)	(66.0M)	(59.4M)	(56.4M)
Cash	2.7M	13.6M	9.1M	7.8M	7.0M	5.2M
Non Current Assets Total	6.7M	17.2M	17.6M	15.8M	18.1M	19.0M
Cash And Short Term Investments	2.7M	13.6M	9.1M	7.8M	7.0M	5.2M
Common Stock Shares Outstanding	2.3M	4.7M	7.3M	8.4M	9.7M	10.2M
Liabilities And Stockholders Equity	9.8M	31.3M	27.5M	24.2M	21.8M	17.1M
Non Current Liabilities Total	168.4K	204.6K	2.7M	4.9M	5.7M	6.0M
Other Current Assets	212.7K	430.4K	787.9K	610.1K	549.1K	576.6K
Other Stockholder Equity	41.1M	74.5M	81.6M	84.8M	97.5M	102.4M
Total Liab	326.2K	823.7K	3.8M	5.3M	4.8M	4.5M
Total Current Assets	3.2M	14.1M	9.9M	8.4M	7.6M	13.0M
Other Current Liab	47.9K	3.5K	1.1M	346.7K	312.0K	296.4K
Accounts Payable	154.4K	619.0K	1.1M	346.7K	312.0K	296.4K
Non Currrent Assets Other	355.6K	718.5K	832.5K	857.5K	771.8K	810.3K
Property Plant And Equipment Gross	6.3M	16.5M	16.8M	15.0M	17.3M	18.1M
Common Stock Total Equity	17.6K	19.9K	2.9K	7.1K	6.4K	6.0K
Common Stock	2.9K	7.1K	8.4K	9.3K	8.4K	7.9K
Net Tangible Assets	7.2M	9.5M	30.5M	23.7M	27.2M	28.6M
Retained Earnings Total Equity	(18.2M)	(26.3M)	(31.6M)	(44.0M)	(39.6M)	(37.6M)
Capital Surpluse	30.9M	33.4M	41.1M	74.5M	85.6M	89.9M
Property Plant Equipment	74.9K	133.4K	16.5M	16.8M	19.3M	20.3M
Net Invested Capital	9.5M	30.5M	23.7M	18.9M	21.7M	16.7M
Net Working Capital	3.0M	13.5M	8.8M	8.1M	9.3M	7.0M

Pair Trading with US 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 US 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 US Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with USAU Stock

0.89	AA	Alcoa Corp Financial Report 17th of July 2024	Pair Corr
0.87	AG	First Majestic Silver	Pair Corr
0.81	AU	AngloGold Ashanti plc Financial Report 28th of June 2024	Pair Corr

Moving against USAU Stock

0.63

United States Steel

Pair Corr

The ability to find closely correlated positions to US 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 US 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 US 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 US Gold Corp to buy it.

The correlation of US 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 US Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if US Gold Corp 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 US 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

When determining whether US Gold Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if USAU Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Us Gold Corp Stock. Highlighted below are key reports to facilitate an investment decision about Us Gold Corp Stock:

How To Invest In USAU

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Is USAU Stock a good investment?

Details

What is US Gold's Net Worth?

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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 tightly coupled with the direction of predictive economic indicators such as signals in nation.

Note that the US Gold Corp information on this page should be used as a complementary analysis to other US Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for USAU Stock analysis

When running US Gold's price analysis, check to 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.

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Is US Gold's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of US Gold. If investors know USAU will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about US Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.73)

Return On Assets

(0.25)

Return On Equity

(0.40)

The market value of US Gold Corp is measured differently than its book value, which is the value of USAU that is recorded on the company's balance sheet. Investors also form their own opinion of US Gold's value that differs from its market value or its book value, called intrinsic value, which is US Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because US Gold's market value can be influenced by many factors that don't directly affect US Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between US Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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USAU Total Liab vs Net Working Capital Analysis

Total Liab vs Net Working Capital

Total Liab vs Net Working Capital Correlation Analysis

Correlation Coefficient

Total Liab

Net Working Capital

US Gold fundamental ratios Correlations

US Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

US Gold fundamental ratios Accounts

Pair Trading with US Gold

Moving together with USAU Stock

Moving against USAU Stock

Complementary Tools for USAU Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total
Common Stock	+ 1.0	Common Stock Total Equity
Total Stockholder Equity	+ 0.98	Total Assets

Cash And Short Term Investments	- 0.96	Net Debt
Cash	- 0.96	Net Debt
Other Stockholder Equity	- 0.94	Retained Earnings
Net Debt	- 0.91	Total Stockholder Equity
Common Stock Shares Outstanding	- 0.9	Retained Earnings
Non Current Assets Total	- 0.88	Retained Earnings