GoldMining Cash from 2010 to 2025

GLDG Stock  USD 0.85  0.02  2.59%   
GoldMining's Cash is increasing over the last several years with slightly volatile swings. Cash is predicted to flatten to about 9.8 M. Cash is the total amount of money in the form of currency that GoldMining has in its possession. This includes all bills, coins, and funds in bank accounts. View All Fundamentals
 
Cash  
First Reported
2010-08-31
Previous Quarter
11.1 M
Current Value
11.9 M
Quarterly Volatility
5.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check GoldMining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GoldMining's main balance sheet or income statement drivers, such as Interest Expense of 53.5 K, Selling General Administrative of 18.6 M or Other Operating Expenses of 30.5 M, as well as many indicators such as Price To Sales Ratio of 0.0, Ptb Ratio of 3.16 or Days Sales Outstanding of 0.0. GoldMining financial statements analysis is a perfect complement when working with GoldMining Valuation or Volatility modules.
  
Check out the analysis of GoldMining Correlation against competitors.
For more detail on how to invest in GoldMining Stock please use our How to Invest in GoldMining guide.

Latest GoldMining's Cash Growth Pattern

Below is the plot of the Cash of GoldMining over the last few years. Cash refers to the most liquid asset of GoldMining, which is listed under current asset account on GoldMining balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from GoldMining customers. The amounts must be unrestricted with restricted cash listed in a different GoldMining account. It is 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. GoldMining's Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in GoldMining's overall financial position and show how it may be relating to other accounts over time.
Cash10 Years Trend
Slightly volatile
   Cash   
       Timeline  

GoldMining Cash Regression Statistics

Arithmetic Mean9,482,535
Geometric Mean6,224,291
Coefficient Of Variation66.59
Mean Deviation4,714,088
Median9,644,214
Standard Deviation6,314,885
Sample Variance39.9T
Range21.4M
R-Value0.51
Mean Square Error31.7T
R-Squared0.26
Significance0.04
Slope674,429
Total Sum of Squares598.2T

GoldMining Cash History

20259.8 M
202413.7 M
202311.9 M
202221.6 M
20218.3 M
202011.7 M
20199.2 M

Other Fundumenentals of GoldMining

GoldMining Cash component correlations

About GoldMining Financial Statements

GoldMining stakeholders use historical fundamental indicators, such as GoldMining's Cash, to determine how well the company is positioned to perform in the future. Although GoldMining investors may analyze each financial statement separately, they are all interrelated. For example, changes in GoldMining's assets and liabilities are reflected in the revenues and expenses on GoldMining's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in GoldMining. Please read more on our technical analysis and fundamental analysis pages.

Currently Active Assets on Macroaxis

When determining whether GoldMining is a strong investment it is important to analyze GoldMining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GoldMining's future performance. For an informed investment choice regarding GoldMining Stock, refer to the following important reports:
Check out the analysis of GoldMining Correlation against competitors.
For more detail on how to invest in GoldMining Stock please use our How to Invest in GoldMining guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Diversified Metals & Mining space 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 GoldMining. If investors know GoldMining 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 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
(0.09)
Return On Assets
(0.12)
Return On Equity
(0.21)
The market value of GoldMining is measured differently than its book value, which is the value of GoldMining that is recorded on the company's balance sheet. Investors also form their own opinion of GoldMining's value that differs from its market value or its book value, called intrinsic value, which is 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 GoldMining's market value can be influenced by many factors that don't directly affect 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 GoldMining's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoldMining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 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.