Volcanic Property Plant And Equipment Gross vs Total Assets Analysis
VG Stock | CAD 0.12 0.02 14.29% |
Volcanic Gold financial indicator trend analysis is much more than just breaking down Volcanic Gold Mines prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Volcanic Gold Mines is a good investment. Please check the relationship between Volcanic Gold Property Plant And Equipment Gross and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Volcanic Gold Mines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Property Plant And Equipment Gross vs Total Assets
Property Plant And Equipment Gross vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Volcanic Gold Mines Property Plant And Equipment Gross account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Volcanic Gold's Property Plant And Equipment Gross and Total Assets is 0.48. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Total Assets in the same time period over historical financial statements of Volcanic Gold Mines, assuming nothing else is changed. The correlation between historical values of Volcanic Gold's Property Plant And Equipment Gross and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Volcanic Gold Mines are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant And Equipment Gross i.e., Volcanic Gold's Property Plant And Equipment Gross and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Property Plant And Equipment Gross
Total Assets
Total assets refers to the total amount of Volcanic Gold assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Volcanic Gold Mines books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Volcanic Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Volcanic Gold Mines 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 Volcanic Gold Mines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At this time, Volcanic Gold's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 76.05 in 2024, whereas Enterprise Value Over EBITDA is likely to drop (4.03) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 29.9K | 94.7K | 142.1K | 76.0K | Reconciled Depreciation | 29.5K | 44.9K | 48.1K | 50.5K |
Volcanic Gold fundamental ratios Correlations
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Volcanic Gold Account Relationship Matchups
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Volcanic Gold fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 232.0K | 11.9M | 8.6M | 5.9M | 3.7M | 2.9M | |
Total Current Liabilities | 131.0K | 216.7K | 253.1K | 265.4K | 234.3K | 196.9K | |
Total Stockholder Equity | 277.5K | 11.9M | 8.5M | 5.9M | 3.6M | 2.7M | |
Net Debt | (162.7K) | (11.7M) | (8.2M) | (5.6M) | (5.0M) | (4.8M) | |
Retained Earnings | (14.8M) | (15.9M) | (20.2M) | (22.7M) | (25.0M) | (23.7M) | |
Accounts Payable | 125.9K | 189.5K | 253.1K | 187.7K | 215.9K | 122.3K | |
Cash | 162.7K | 11.7M | 8.2M | 5.6M | 3.2M | 2.2M | |
Non Current Assets Total | 62.2K | 161.9K | 327.9K | 302.1K | 461.3K | 541.9K | |
Cash And Short Term Investments | 162.7K | 11.7M | 8.2M | 5.6M | 6.4M | 6.8M | |
Net Receivables | 3.9K | 15.3K | 14.7K | 18.5K | 19.4K | 13.9K | |
Common Stock Shares Outstanding | 8.0M | 20.3M | 44.7M | 45.5M | 45.6M | 47.8M | |
Liabilities And Stockholders Equity | 232.0K | 11.9M | 8.6M | 5.9M | 6.8M | 7.2M | |
Other Stockholder Equity | 1.3M | 3.1M | 3.6M | 2.0M | 2.3M | 4.3M | |
Total Liab | 131.0K | 216.7K | 253.1K | 265.4K | 234.3K | 200.7K | |
Total Current Assets | 169.8K | 11.8M | 8.3M | 5.6M | 3.2M | 2.3M | |
Property Plant And Equipment Net | 1.2K | 100.9K | 266.9K | 241.1K | 400.3K | 570.3K | |
Accumulated Other Comprehensive Income | 1.3M | 3.1M | 3.6M | 2.0M | 2.3M | 1.4M | |
Net Tangible Assets | (48.5K) | 277.5K | 11.9M | 8.5M | 9.8M | 10.3M | |
Common Stock | 13.7M | 24.7M | 25.1M | 26.6M | 30.6M | 32.1M | |
Property Plant Equipment | 1.2K | 100.9K | 266.9K | 241.1K | 217.0K | 206.1K | |
Other Current Assets | 3.2K | 41.8K | 53.8K | 28.3K | 32.5K | 23.7K | |
Net Invested Capital | 277.5K | 11.9M | 8.5M | 5.9M | 3.6M | 5.3M | |
Net Working Capital | 38.8K | 11.6M | 8.0M | 5.4M | 3.0M | 4.5M | |
Capital Stock | 13.7M | 24.7M | 25.1M | 26.6M | 30.6M | 23.8M |
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