Volcanic Total Assets vs Cash 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 Total Assets and its Cash 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.

Total Assets vs Cash

Total Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Volcanic Gold Mines Total Assets account and Cash. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Volcanic Gold's Total Assets and Cash is 0.98. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash 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 Total Assets and Cash 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 Assets of Volcanic Gold Mines are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Assets i.e., Volcanic Gold's Total Assets and Cash go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

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.

Cash

Cash refers to the most liquid asset of Volcanic Gold Mines, which is listed under current asset account on Volcanic Gold Mines balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Volcanic Gold customers. The amounts must be unrestricted with restricted cash listed in a different Volcanic Gold account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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

Net Interest Income Reconciled Depreciation

Volcanic Gold fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Net	Non Currrent Assets Other	Net Tangible Assets	Common Stock	Property Plant Equipment	Other Assets	Other Current Assets	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Gross
Total Assets		0.6	0.25	1.0	-0.96	-0.56	0.68	0.98	0.1	0.92	0.2	0.6	-0.01	0.25	0.98	-0.3	-0.02	0.84	0.67	-0.33	-0.04	0.87	0.92	0.96	0.72	0.48
Other Current Liab	0.6		0.39	0.61	-0.73	-0.95	0.6	0.6	-0.04	0.8	0.03	0.94	-0.14	0.39	0.61	-0.27	-0.13	0.87	0.96	-0.37	-0.64	0.8	0.47	0.62	0.9	0.86
Total Current Liabilities	0.25	0.39		0.24	-0.26	-0.49	0.46	0.25	-0.03	0.26	0.24	0.33	-0.03	1.0	0.25	-0.2	-0.34	0.24	0.37	-0.27	-0.05	0.31	0.05	0.18	0.3	0.28
Total Stockholder Equity	1.0	0.61	0.24		-0.97	-0.56	0.69	0.99	0.06	0.92	0.2	0.6	-0.05	0.23	0.99	-0.32	-0.01	0.84	0.68	-0.35	-0.04	0.88	0.92	0.97	0.73	0.49
Net Debt	-0.96	-0.73	-0.26	-0.97		0.66	-0.71	-0.98	0.09	-0.99	-0.17	-0.72	0.18	-0.26	-0.98	0.38	0.02	-0.92	-0.79	0.42	0.24	-0.94	-0.91	-0.98	-0.84	-0.62
Retained Earnings	-0.56	-0.95	-0.49	-0.56	0.66		-0.74	-0.55	-0.02	-0.72	-0.12	-0.91	0.18	-0.49	-0.55	0.4	0.11	-0.81	-0.96	0.5	0.56	-0.76	-0.33	-0.53	-0.85	-0.83
Accounts Payable	0.68	0.6	0.46	0.69	-0.71	-0.74		0.68	0.02	0.71	0.52	0.71	-0.27	0.47	0.68	-0.57	-0.12	0.7	0.73	-0.65	-0.18	0.8	0.47	0.62	0.75	0.69
Cash	0.98	0.6	0.25	0.99	-0.98	-0.55	0.68		-0.1	0.93	0.15	0.6	-0.17	0.25	1.0	-0.35	-0.02	0.83	0.67	-0.37	-0.02	0.9	0.92	0.98	0.74	0.49
Non Current Assets Total	0.1	-0.04	-0.03	0.06	0.09	-0.02	0.02	-0.1		-0.08	0.23	-0.06	0.81	-0.02	-0.09	0.28	0.01	0.04	0.01	0.24	-0.03	-0.14	-0.04	-0.11	-0.11	-0.06
Cash And Short Term Investments	0.92	0.8	0.26	0.92	-0.99	-0.72	0.71	0.93	-0.08		0.18	0.79	-0.19	0.26	0.93	-0.38	-0.01	0.96	0.85	-0.44	-0.38	0.94	0.87	0.95	0.88	0.69
Net Receivables	0.2	0.03	0.24	0.2	-0.17	-0.12	0.52	0.15	0.23	0.18		0.17	-0.03	0.26	0.16	-0.26	-0.2	0.2	0.15	-0.35	-0.09	0.17	0.15	0.15	0.22	0.21
Common Stock Shares Outstanding	0.6	0.94	0.33	0.6	-0.72	-0.91	0.71	0.6	-0.06	0.79	0.17		-0.25	0.33	0.61	-0.4	-0.01	0.88	0.95	-0.48	-0.61	0.85	0.49	0.63	0.94	0.93
Other Stockholder Equity	-0.01	-0.14	-0.03	-0.05	0.18	0.18	-0.27	-0.17	0.81	-0.19	-0.03	-0.25		-0.03	-0.16	0.74	-0.31	-0.14	-0.22	0.69	0.07	-0.28	-0.03	-0.17	-0.31	-0.28
Total Liab	0.25	0.39	1.0	0.23	-0.26	-0.49	0.47	0.25	-0.02	0.26	0.26	0.33	-0.03		0.25	-0.2	-0.34	0.24	0.37	-0.28	-0.06	0.31	0.05	0.18	0.3	0.28
Total Current Assets	0.98	0.61	0.25	0.99	-0.98	-0.55	0.68	1.0	-0.09	0.93	0.16	0.61	-0.16	0.25		-0.35	-0.02	0.83	0.67	-0.37	-0.02	0.9	0.92	0.98	0.74	0.49
Property Plant And Equipment Net	-0.3	-0.27	-0.2	-0.32	0.38	0.4	-0.57	-0.35	0.28	-0.38	-0.26	-0.4	0.74	-0.2	-0.35		-0.35	-0.38	-0.45	0.98	0.16	-0.45	-0.17	-0.34	-0.43	-0.36
Non Currrent Assets Other	-0.02	-0.13	-0.34	-0.01	0.02	0.11	-0.12	-0.02	0.01	-0.01	-0.2	-0.01	-0.31	-0.34	-0.02	-0.35		0.03	0.02	-0.2	-0.01	0.0	0.0	0.0	-0.01	-0.01
Net Tangible Assets	0.84	0.87	0.24	0.84	-0.92	-0.81	0.7	0.83	0.04	0.96	0.2	0.88	-0.14	0.24	0.83	-0.38	0.03		0.93	-0.45	-0.54	0.9	0.77	0.86	0.94	0.81
Common Stock	0.67	0.96	0.37	0.68	-0.79	-0.96	0.73	0.67	0.01	0.85	0.15	0.95	-0.22	0.37	0.67	-0.45	0.02	0.93		-0.53	-0.63	0.85	0.51	0.68	0.93	0.86
Property Plant Equipment	-0.33	-0.37	-0.27	-0.35	0.42	0.5	-0.65	-0.37	0.24	-0.44	-0.35	-0.48	0.69	-0.28	-0.37	0.98	-0.2	-0.45	-0.53		0.26	-0.5	-0.19	-0.37	-0.5	-0.43
Other Assets	-0.04	-0.64	-0.05	-0.04	0.24	0.56	-0.18	-0.02	-0.03	-0.38	-0.09	-0.61	0.07	-0.06	-0.02	0.16	-0.01	-0.54	-0.63	0.26		-0.29	-0.08	-0.15	-0.5	-0.59
Other Current Assets	0.87	0.8	0.31	0.88	-0.94	-0.76	0.8	0.9	-0.14	0.94	0.17	0.85	-0.28	0.31	0.9	-0.45	0.0	0.9	0.85	-0.5	-0.29		0.79	0.89	0.9	0.78
Net Invested Capital	0.92	0.47	0.05	0.92	-0.91	-0.33	0.47	0.92	-0.04	0.87	0.15	0.49	-0.03	0.05	0.92	-0.17	0.0	0.77	0.51	-0.19	-0.08	0.79		0.96	0.62	0.38
Net Working Capital	0.96	0.62	0.18	0.97	-0.98	-0.53	0.62	0.98	-0.11	0.95	0.15	0.63	-0.17	0.18	0.98	-0.34	0.0	0.86	0.68	-0.37	-0.15	0.89	0.96		0.74	0.49
Capital Stock	0.72	0.9	0.3	0.73	-0.84	-0.85	0.75	0.74	-0.11	0.88	0.22	0.94	-0.31	0.3	0.74	-0.43	-0.01	0.94	0.93	-0.5	-0.5	0.9	0.62	0.74		0.94
Property Plant And Equipment Gross	0.48	0.86	0.28	0.49	-0.62	-0.83	0.69	0.49	-0.06	0.69	0.21	0.93	-0.28	0.28	0.49	-0.36	-0.01	0.81	0.86	-0.43	-0.59	0.78	0.38	0.49	0.94

Click cells to compare fundamentals

Volcanic Gold Account Relationship Matchups

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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Volcanic Gold in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Volcanic Gold's short interest history, or implied volatility extrapolated from Volcanic Gold options trading.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

MSFT	Microsoft
V	Visa Class A
DD	Dupont De Nemours

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.

You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for Volcanic Stock analysis

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

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Please note, there is a significant difference between Volcanic Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Volcanic Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Volcanic 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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Volcanic Total Assets vs Cash Analysis

Total Assets vs Cash

Total Assets vs Cash Correlation Analysis

Correlation Coefficient

Total Assets

Cash

Volcanic Gold fundamental ratios Correlations

Volcanic Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Volcanic Gold fundamental ratios Accounts

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Cash
Cash	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.99	Total Stockholder Equity
Cash	+ 0.98	Total Assets

Cash And Short Term Investments	- 0.99	Net Debt
Net Working Capital	- 0.98	Net Debt
Total Current Assets	- 0.98	Net Debt
Cash	- 0.98	Net Debt
Net Debt	- 0.97	Total Stockholder Equity
Common Stock	- 0.96	Retained Earnings