Generation Other Current Assets vs Common Stock Analysis

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 Other Current Assets 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.

Other Current Assets vs Common Stock

Other Current Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Generation Mining Other Current Assets account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Generation Mining's Other Current Assets and Common Stock is 0.79. Overlapping area represents the amount of variation of Other Current Assets 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 Other Current Assets 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 Other Current Assets 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 Other Current Assets i.e., Generation Mining's Other Current Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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.
 2021 2022 2023 2024 (projected)
Total Operating Expenses4.7M52.5M17.7M11.6M
Cost Of Revenue97.3K1.7M1.5M971.4K

Generation Mining fundamental ratios Correlations

0.890.830.91-0.69-0.670.74-0.99-0.061.01.00.60.890.890.890.940.870.950.92-0.70.930.820.060.880.820.92
0.890.770.94-0.91-0.910.57-0.85-0.450.890.850.530.750.760.980.770.990.90.74-0.920.720.740.120.730.740.86
0.830.770.94-0.58-0.640.47-0.810.060.810.80.790.860.920.740.860.770.750.74-0.580.790.57-0.060.690.570.84
0.910.940.94-0.81-0.840.52-0.89-0.20.910.880.660.840.870.920.850.940.890.78-0.810.790.69-0.010.730.690.89
-0.69-0.91-0.58-0.810.99-0.290.650.62-0.72-0.65-0.21-0.56-0.52-0.94-0.52-0.94-0.79-0.531.0-0.47-0.640.03-0.5-0.64-0.73
-0.67-0.91-0.64-0.840.99-0.240.630.63-0.69-0.62-0.3-0.55-0.53-0.93-0.52-0.94-0.75-0.490.98-0.45-0.570.01-0.47-0.57-0.71
0.740.570.470.52-0.29-0.24-0.730.070.710.740.570.710.620.520.730.510.710.81-0.330.730.730.380.770.730.68
-0.99-0.85-0.81-0.890.650.63-0.730.02-0.99-1.0-0.55-0.89-0.89-0.86-0.95-0.84-0.93-0.910.67-0.94-0.82-0.01-0.88-0.82-0.91
-0.06-0.450.06-0.20.620.630.070.02-0.1-0.020.080.170.13-0.420.07-0.47-0.120.210.630.16-0.01-0.140.07-0.01-0.04
1.00.890.810.91-0.72-0.690.71-0.99-0.10.990.540.880.870.90.930.890.950.91-0.730.920.820.030.870.820.91
1.00.850.80.88-0.65-0.620.74-1.0-0.020.990.550.880.880.860.940.840.940.92-0.670.940.820.020.880.820.9
0.60.530.790.66-0.21-0.30.57-0.550.080.540.550.610.730.390.690.480.450.52-0.220.610.310.260.540.310.55
0.890.750.860.84-0.56-0.550.71-0.890.170.880.880.610.90.750.930.730.880.92-0.570.910.870.070.880.870.97
0.890.760.920.87-0.52-0.530.62-0.890.130.870.880.730.90.720.940.740.790.82-0.510.930.66-0.070.80.660.87
0.890.980.740.92-0.94-0.930.52-0.86-0.420.90.860.390.750.720.750.990.930.75-0.950.720.770.010.710.770.87
0.940.770.860.85-0.52-0.520.73-0.950.070.930.940.690.930.940.750.750.830.86-0.540.970.770.050.890.770.91
0.870.990.770.94-0.94-0.940.51-0.84-0.470.890.840.480.730.740.990.750.890.71-0.940.70.710.040.690.710.85
0.950.90.750.89-0.79-0.750.71-0.93-0.120.950.940.450.880.790.930.830.890.93-0.80.830.90.060.830.90.94
0.920.740.740.78-0.53-0.490.81-0.910.210.910.920.520.920.820.750.860.710.93-0.540.90.90.140.890.90.9
-0.7-0.92-0.58-0.811.00.98-0.330.670.63-0.73-0.67-0.22-0.57-0.51-0.95-0.54-0.94-0.8-0.54-0.48-0.650.03-0.51-0.65-0.74
0.930.720.790.79-0.47-0.450.73-0.940.160.920.940.610.910.930.720.970.70.830.9-0.480.80.070.920.80.88
0.820.740.570.69-0.64-0.570.73-0.82-0.010.820.820.310.870.660.770.770.710.90.9-0.650.80.270.91.00.91
0.060.12-0.06-0.010.030.010.38-0.01-0.140.030.020.260.07-0.070.010.050.040.060.140.030.070.270.390.270.05
0.880.730.690.73-0.5-0.470.77-0.880.070.870.880.540.880.80.710.890.690.830.89-0.510.920.90.390.90.86
0.820.740.570.69-0.64-0.570.73-0.82-0.010.820.820.310.870.660.770.770.710.90.9-0.650.81.00.270.90.91
0.920.860.840.89-0.73-0.710.68-0.91-0.040.910.90.550.970.870.870.910.850.940.9-0.740.880.910.050.860.91
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Generation Mining Account Relationship Matchups

Generation Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.9M15.7M8.2M25.0M20.2M21.2M
Short Long Term Debt Total611.1K223.2K191.4K3.3M2.5M2.7M
Other Current Liab289.0K1.7M2.3M5.0M2.3M1.8M
Total Current Liabilities496.4K1.8M2.3M8.1M4.8M5.0M
Total Stockholder Equity2.2M13.7M5.7M(24.1M)(29.4M)(27.9M)
Net Tangible Assets2.2M13.7M5.7M(24.1M)(21.7M)(20.6M)
Current Deferred Revenue(259.5)(1.7K)(1.8K)(4.4K)(1.9K)(2.0K)
Net Debt(788.0K)(11.4M)(5.2M)(15.5M)(13.9M)(13.2M)
Accounts Payable259.5K1.7M1.8M4.4K1.9K1.8K
Cash1.2M11.7M5.4M18.8M16.5M17.3M
Cash And Short Term Investments1.5M14.2M6.6M18.8M16.5M17.3M
Net Receivables540.9K483.1K728.0K1.7M124.9K118.6K
Common Stock Shares Outstanding66.7M125.8M145.7M178.1M188.6M107.0M
Liabilities And Stockholders Equity2.9M15.7M8.2M25.0M20.2M21.2M
Other Current Assets13.0K142.8K100.3K218.2K136.6K95.7K
Total Liab719.5K2.0M2.5M49.1M49.6M52.1M
Total Current Assets2.0M14.9M7.5M20.7M16.7M8.4M
Short Term Debt207.4K31.8K39.9K3.1M2.5M2.6M
Common Stock11.6M28.4M38.9M66.7M80.4M84.5M
Retained Earnings(15.4M)(23.8M)(40.8M)(96.8M)(114.6M)(108.9M)
Non Current Assets Total879.9K803.0K705.7K4.3M3.5M3.7M
Non Current Liabilities Total223.2K191.4K151.5K41.0M44.8M47.1M
Net Invested Capital2.4M13.7M5.7M(24.1M)(29.4M)(27.9M)
Net Working Capital1.6M13.1M5.1M12.6M11.9M7.4M
Long Term Debt Total403.7K191.4K151.5K201.4K181.2K177.8K
Other Stockholder Equity4.5M6.4M2.7M6.1M7.0M4.5M
Accumulated Other Comprehensive Income1.4M2.7M4.9M6.1M4.8M3.7M
Capital Stock11.6M28.4M38.9M66.7M80.4M42.0M

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.