Equinox Total Stockholder Equity vs Current Deferred Revenue Analysis

EQX Stock  USD 5.60  0.14  2.56%   
Equinox Gold financial indicator trend analysis is much more than just examining Equinox Gold Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Equinox Gold Corp is a good investment. Please check the relationship between Equinox Gold Total Stockholder Equity and its Current Deferred Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinox Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Total Stockholder Equity vs Current Deferred Revenue

Total Stockholder Equity vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equinox Gold Corp Total Stockholder Equity account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Equinox Gold's Total Stockholder Equity and Current Deferred Revenue is 0.6. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Equinox Gold Corp, assuming nothing else is changed. The correlation between historical values of Equinox Gold's Total Stockholder Equity and Current Deferred Revenue 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 Stockholder Equity of Equinox Gold Corp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Stockholder Equity i.e., Equinox Gold's Total Stockholder Equity and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Equinox Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Equinox Gold Corp 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinox Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
At this time, Equinox Gold's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 34.3 M in 2024, despite the fact that Discontinued Operations is likely to grow to (23.5 M).
 2021 2022 2023 2024 (projected)
Reconciled Depreciation198.1M188.8M216.1M126.6M
Interest Income2.8M100.4M11.7M11.1M

Equinox Gold fundamental ratios Correlations

0.981.00.920.840.980.870.890.960.990.170.990.970.880.951.00.930.980.551.01.00.990.980.620.710.96
0.980.960.920.820.940.810.870.940.960.160.980.950.850.940.970.940.960.550.960.970.970.960.740.820.96
1.00.960.890.860.980.870.910.960.970.170.980.980.840.970.990.90.970.610.990.990.980.960.60.670.94
0.920.920.890.770.890.640.650.870.94-0.120.940.80.950.80.940.950.890.240.90.940.960.970.460.840.96
0.840.820.860.770.750.570.730.820.77-0.20.790.830.580.90.830.670.730.660.80.830.850.770.420.540.78
0.980.940.980.890.750.910.90.950.980.270.980.950.890.910.980.930.990.520.990.980.960.970.580.640.93
0.870.810.870.640.570.910.950.840.860.610.850.910.70.840.840.750.920.620.890.840.80.80.650.420.77
0.890.870.910.650.730.90.950.880.850.50.860.970.620.940.860.740.90.80.90.860.830.790.730.460.77
0.960.940.960.870.820.950.840.880.950.180.950.950.820.940.960.890.940.590.960.950.950.930.610.650.91
0.990.960.970.940.770.980.860.850.950.171.00.930.930.90.990.950.990.430.990.990.990.990.590.740.98
0.170.160.17-0.12-0.20.270.610.50.180.170.170.330.040.190.120.130.290.390.210.120.050.080.54-0.110.06
0.990.980.980.940.790.980.850.860.951.00.170.940.920.920.990.950.990.460.991.00.990.990.630.760.98
0.970.950.980.80.830.950.910.970.950.930.330.940.740.980.940.840.950.730.960.940.930.90.720.60.88
0.880.850.840.950.580.890.70.620.820.930.040.920.740.70.910.940.90.10.880.910.910.950.410.790.93
0.950.940.970.80.90.910.840.940.940.90.190.920.980.70.930.810.910.760.940.930.920.880.680.610.87
1.00.970.990.940.830.980.840.860.960.990.120.990.940.910.930.940.980.490.991.01.00.990.580.730.97
0.930.940.90.950.670.930.750.740.890.950.130.950.840.940.810.940.930.340.920.930.930.960.610.830.94
0.980.960.970.890.730.990.920.90.940.990.290.990.950.90.910.980.930.50.990.980.960.970.640.70.95
0.550.550.610.240.660.520.620.80.590.430.390.460.730.10.760.490.340.50.550.490.460.380.610.110.35
1.00.960.990.90.80.990.890.90.960.990.210.990.960.880.940.990.920.990.550.990.980.970.60.680.95
1.00.970.990.940.830.980.840.860.950.990.121.00.940.910.931.00.930.980.490.991.00.990.580.740.98
0.990.970.980.960.850.960.80.830.950.990.050.990.930.910.921.00.930.960.460.981.00.990.570.760.98
0.980.960.960.970.770.970.80.790.930.990.080.990.90.950.880.990.960.970.380.970.990.990.540.770.98
0.620.740.60.460.420.580.650.730.610.590.540.630.720.410.680.580.610.640.610.60.580.570.540.650.6
0.710.820.670.840.540.640.420.460.650.74-0.110.760.60.790.610.730.830.70.110.680.740.760.770.650.82
0.960.960.940.960.780.930.770.770.910.980.060.980.880.930.870.970.940.950.350.950.980.980.980.60.82
Click cells to compare fundamentals

Equinox Gold Account Relationship Matchups

Equinox Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets839.4M2.7B4.0B3.9B4.4B4.6B
Total Current Liabilities131.9M222.7M402.6M271.7M479.6M503.6M
Total Stockholder Equity403.1M1.4B2.6B2.4B2.4B2.6B
Net Debt196.3M210.3M262.1M641.3M753.4M791.0M
Retained Earnings(130.6M)(109.9M)446.6M327.6M348.5M366.0M
Accounts Payable45.1M99.2M109.3M122.5M112.8M118.4M
Cash67.7M344.9M305.5M200.8M192.0M201.6M
Cash And Short Term Investments68.7M344.9M546.0M237.6M284.7M298.9M
Common Stock Shares Outstanding112.0M218.4M333.7M304.0M316.3M332.1M
Liabilities And Stockholders Equity839.4M2.7B4.0B3.9B4.4B4.6B
Non Current Liabilities Total304.4M1.0B979.5M1.2B1.4B1.5B
Other Stockholder Equity68.1M245.8M131.0M(52.1M)(12.5M)(11.9M)
Total Liab436.3M1.2B1.4B1.5B1.9B2.0B
Total Current Assets148.7M646.0M1.2B655.1M834.0M875.7M
Net Receivables31.8M55.9M14.2M76.1M82.3M86.4M
Other Current Liab3.1M86.2M262.2M149.2M182.5M191.6M
Non Current Assets Total690.7M2.0B2.8B3.2B3.5B3.7B
Non Currrent Assets Other171.8M146.4M148.6M207.7M261.9M275.0M
Other Assets171.8M146.4M180.9M210.0M(4.3M)(4.1M)
Common Stock Total Equity383.3M491.1M505.7M1.5B1.7B1.8B
Other Current Assets1.9M33.8M365.3M40.0M55.0M34.4M
Common Stock505.7M1.5B2.0B2.0B2.1B2.2B
Property Plant And Equipment Net511.7M1.9B2.5B2.8B3.2B3.4B
Property Plant And Equipment Gross511.7M1.9B2.8B3.3B4.0B4.2B
Short Long Term Debt Total264.9M555.2M567.6M863.5M945.4M992.6M
Accumulated Other Comprehensive Income28.0M38.8M132.0M(10.5M)8.3M7.9M
Short Term Debt61.6M13.3M26.7M21.4M138.6M145.5M
Inventory46.3M208.3M201.6M265.1M412.0M432.6M
Property Plant Equipment511.7M1.9B2.5B2.8B3.3B3.4B
Other Liab101.0M460.4M463.0M381.0M438.1M460.0M
Net Tangible Assets403.1M1.4B2.6B2.4B2.7B2.8B
Long Term Debt202.5M531.9M514.0M828.0M786.4M825.7M
Short Term Investments988K3.1M240.5M36.9M92.7M46.5M
Long Term Debt Total203.3M531.9M514.0M842.1M968.4M1.0B
Long Term Investments7.2M22.3M123.9M153.1M29.3M41.1M
Short Long Term Debt61.6M13.3M26.7M138.6M159.4M167.4M
Non Current Liabilities Other1.1M33.6M50.5M13.8M40.3M42.3M

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