| GENM Stock | | | CAD 0.24 0.00 0.00% |
Generation Mining financial indicator trend analysis is much more than just examining Generation Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Generation Mining is a good investment. Please check the relationship between Generation Mining Long Term Debt and its Common Stock accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Generation Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Long Term Debt vs Common Stock
Long Term Debt vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Generation Mining Long Term Debt account and
Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Generation Mining's Long Term Debt and Common Stock is 0.9. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of Generation Mining, assuming nothing else is changed. The correlation between historical values of Generation Mining's Long Term Debt and Common 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 Long Term Debt of Generation Mining are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Long Term Debt i.e., Generation Mining's Long Term Debt and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.9 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Long Term Debt
Long-term debt is a debt that Generation Mining has held for over one year. Long-term debt appears on Generation Mining balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Generation Mining balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Common Stock
Most indicators from Generation Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Generation Mining 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 Generation Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Generation Mining's
Selling General Administrative is very stable compared to the past year. As of the 18th of October 2024,
Enterprise Value is likely to grow to about 116.6
M, while
Issuance Of Capital Stock is likely to drop about 8.9
M.
Generation Mining fundamental ratios Correlations
Click cells to compare fundamentals
Generation Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Generation Mining fundamental ratios Accounts
Other Information on Investing in Generation Stock
Balance Sheet is a snapshot of the
financial position of Generation Mining at a specified time, usually calculated after every quarter, six months, or one year. Generation Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Generation Mining and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Generation currently owns. An asset can also be divided into two categories, current and non-current.