USGO Net Receivables vs Capital Stock Analysis
| USGO Stock | 5.42 0.17 3.04% |
US GoldMining financial indicator trend analysis is much more than just breaking down US GoldMining Common prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether US GoldMining Common is a good investment. Please check the relationship between US GoldMining Net Receivables and its Capital Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in US GoldMining Common. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Net Receivables vs Capital Stock
Net Receivables vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of US GoldMining Common Net Receivables account and Capital Stock. At this time, the significance of the direction appears to have totally related.
The correlation between US GoldMining's Net Receivables and Capital Stock is 0.99. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Capital Stock in the same time period over historical financial statements of US GoldMining Common, assuming nothing else is changed. The correlation between historical values of US GoldMining's Net Receivables and Capital Stock 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 GoldMining Common are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Net Receivables i.e., US GoldMining's Net Receivables and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Receivables
Capital Stock
The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.Most indicators from US GoldMining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into US GoldMining Common 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 GoldMining Common. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. At this time, US GoldMining's Tax Provision is very stable compared to the past year. As of the 16th of May 2024, Selling General Administrative is likely to grow to about 5.6 M, while Enterprise Value Over EBITDA is likely to drop (60.87).
| 2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 19.3K | 31.0K | 27.9K | 35.3K | Total Operating Expenses | 1.7M | 9.8M | 11.2M | 11.8M |
US GoldMining fundamental ratios Correlations
Click cells to compare fundamentals
US GoldMining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in US GoldMining Common. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the US GoldMining Common information on this page should be used as a complementary analysis to other US GoldMining'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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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When running US GoldMining's price analysis, check to measure US GoldMining'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 GoldMining is operating at the current time. Most of US GoldMining's value examination focuses on studying past and present price action to predict the probability of US GoldMining'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 GoldMining's price. Additionally, you may evaluate how the addition of US GoldMining to your portfolios can decrease your overall portfolio volatility.
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Is US GoldMining'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 GoldMining. If investors know USGO 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 GoldMining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.82) | Return On Assets (0.92) | Return On Equity (1.71) |
The market value of US GoldMining Common is measured differently than its book value, which is the value of USGO that is recorded on the company's balance sheet. Investors also form their own opinion of US GoldMining's value that differs from its market value or its book value, called intrinsic value, which is US GoldMining'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 GoldMining's market value can be influenced by many factors that don't directly affect US GoldMining'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 GoldMining's value and its price as these two are different measures arrived at by different means. Investors typically determine if US GoldMining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US GoldMining'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.