Galileo Total Current Liabilities vs Short Long Term Debt Analysis

GAL Stock

0.14 0.02 12.50%

Galileo Mining financial indicator trend analysis is much more than just examining Galileo Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Galileo Mining is a good investment. Please check the relationship between Galileo Mining Total Current Liabilities and its Short Long Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galileo 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.

Total Current Liabilities vs Short Long Term Debt

Total Current Liabilities vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Galileo Mining Total Current Liabilities account and Short Long Term Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Galileo Mining's Total Current Liabilities and Short Long Term Debt is -0.78. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Galileo Mining, assuming nothing else is changed. The correlation between historical values of Galileo Mining's Total Current Liabilities and Short Long Term Debt 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 Current Liabilities of Galileo Mining are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Total Current Liabilities i.e., Galileo Mining's Total Current Liabilities and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.78

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Galileo Mining balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Galileo Mining are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Most indicators from Galileo Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Galileo 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 Galileo 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.

Selling General Administrative is likely to gain to about 1.3 M in 2025. Issuance Of Capital Stock is likely to gain to about 24.8 M in 2025

	2022	2023	2024	2025 (projected)
Interest Income	562.3K	492.5K	566.4K	594.7K
Net Interest Income	562.3K	492.5K	566.4K	594.7K

Interest Income Net Interest Income

Galileo Mining fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Net Tangible Assets	Property Plant And Equipment Net	Other Assets	Inventory	Other Current Assets	Short Long Term Debt	Property Plant Equipment	Cash And Equivalents	Non Current Liabilities Total	Other Current Liab
Total Assets		-0.79	-0.67	1.0	-0.91	-0.68	0.87	0.94	0.59	0.81	0.66	0.65	-0.66	0.89	-0.61	0.82	0.82	0.38	0.74	0.16	0.69	0.61	0.78	0.86	0.78	0.59
Short Long Term Debt Total	-0.79		0.98	-0.83	0.88	0.61	-0.81	-0.61	-0.55	-0.88	-0.44	-0.48	0.98	-0.9	0.53	-0.83	-0.83	-0.42	-0.85	-0.51	-0.77	-0.77	-0.74	-0.89	-0.51	-0.57
Total Current Liabilities	-0.67	0.98		-0.72	0.81	0.47	-0.74	-0.45	-0.43	-0.85	-0.27	-0.38	1.0	-0.83	0.45	-0.79	-0.79	-0.46	-0.82	-0.53	-0.76	-0.78	-0.69	-0.83	-0.37	-0.57
Total Stockholder Equity	1.0	-0.83	-0.72		-0.92	-0.69	0.89	0.93	0.6	0.83	0.64	0.64	-0.71	0.91	-0.61	0.83	0.83	0.39	0.77	0.21	0.71	0.64	0.79	0.88	0.77	0.59
Net Debt	-0.91	0.88	0.81	-0.92		0.54	-0.91	-0.74	-0.58	-0.96	-0.52	-0.74	0.8	-0.93	0.68	-0.98	-0.98	-0.63	-0.81	-0.09	-0.87	-0.78	-0.95	-0.94	-0.58	-0.81
Retained Earnings	-0.68	0.61	0.47	-0.69	0.54		-0.47	-0.74	-0.86	-0.38	-0.83	-0.47	0.46	-0.52	0.58	-0.42	-0.41	0.26	-0.46	-0.59	-0.28	-0.38	-0.39	-0.66	-0.8	-0.04
Cash	0.87	-0.81	-0.74	0.89	-0.91	-0.47		0.73	0.53	0.9	0.51	0.56	-0.73	0.96	-0.41	0.85	0.85	0.48	0.81	0.06	0.69	0.74	0.79	0.87	0.55	0.64
Non Current Assets Total	0.94	-0.61	-0.45	0.93	-0.74	-0.74	0.73		0.56	0.57	0.68	0.63	-0.44	0.72	-0.59	0.61	0.61	0.17	0.56	0.18	0.49	0.41	0.6	0.74	0.89	0.39
Non Currrent Assets Other	0.59	-0.55	-0.43	0.6	-0.58	-0.86	0.53	0.56		0.47	0.85	0.43	-0.42	0.53	-0.57	0.5	0.5	-0.17	0.4	0.36	0.26	0.36	0.49	0.62	0.59	0.16
Cash And Short Term Investments	0.81	-0.88	-0.85	0.83	-0.96	-0.38	0.9	0.57	0.47		0.41	0.58	-0.84	0.94	-0.52	0.96	0.97	0.69	0.86	0.05	0.88	0.82	0.91	0.86	0.38	0.82
Net Receivables	0.66	-0.44	-0.27	0.64	-0.52	-0.83	0.51	0.68	0.85	0.41		0.44	-0.26	0.55	-0.41	0.41	0.41	-0.22	0.46	0.23	0.23	0.29	0.4	0.51	0.6	0.06
Common Stock Shares Outstanding	0.65	-0.48	-0.38	0.64	-0.74	-0.47	0.56	0.63	0.43	0.58	0.44		-0.38	0.54	-0.85	0.75	0.74	0.54	0.47	-0.12	0.69	0.57	0.82	0.77	0.56	0.73
Total Liab	-0.66	0.98	1.0	-0.71	0.8	0.46	-0.73	-0.44	-0.42	-0.84	-0.26	-0.38		-0.83	0.44	-0.78	-0.79	-0.47	-0.81	-0.53	-0.76	-0.78	-0.68	-0.82	-0.35	-0.57
Total Current Assets	0.89	-0.9	-0.83	0.91	-0.93	-0.52	0.96	0.72	0.53	0.94	0.55	0.54	-0.83		-0.44	0.87	0.87	0.48	0.9	0.19	0.76	0.79	0.79	0.89	0.53	0.63
Short Term Debt	-0.61	0.53	0.45	-0.61	0.68	0.58	-0.41	-0.59	-0.57	-0.52	-0.41	-0.85	0.44	-0.44		-0.7	-0.69	-0.39	-0.36	-0.13	-0.61	-0.45	-0.76	-0.72	-0.57	-0.65
Common Stock	0.82	-0.83	-0.79	0.83	-0.98	-0.42	0.85	0.61	0.5	0.96	0.41	0.75	-0.78	0.87	-0.7		1.0	0.74	0.77	-0.01	0.92	0.8	0.98	0.9	0.45	0.9
Net Tangible Assets	0.82	-0.83	-0.79	0.83	-0.98	-0.41	0.85	0.61	0.5	0.97	0.41	0.74	-0.79	0.87	-0.69	1.0		0.74	0.78	-0.01	0.92	0.8	0.98	0.9	0.45	0.89
Property Plant And Equipment Net	0.38	-0.42	-0.46	0.39	-0.63	0.26	0.48	0.17	-0.17	0.69	-0.22	0.54	-0.47	0.48	-0.39	0.74	0.74		0.45	-0.42	0.81	0.55	0.76	0.48	-0.01	0.94
Other Assets	0.74	-0.85	-0.82	0.77	-0.81	-0.46	0.81	0.56	0.4	0.86	0.46	0.47	-0.81	0.9	-0.36	0.77	0.78	0.45		0.26	0.7	0.76	0.68	0.81	0.5	0.55
Inventory	0.16	-0.51	-0.53	0.21	-0.09	-0.59	0.06	0.18	0.36	0.05	0.23	-0.12	-0.53	0.19	-0.13	-0.01	-0.01	-0.42	0.26		-0.02	0.14	-0.11	0.27	0.3	-0.31
Other Current Assets	0.69	-0.77	-0.76	0.71	-0.87	-0.28	0.69	0.49	0.26	0.88	0.23	0.69	-0.76	0.76	-0.61	0.92	0.92	0.81	0.7	-0.02		0.85	0.91	0.8	0.3	0.88
Short Long Term Debt	0.61	-0.77	-0.78	0.64	-0.78	-0.38	0.74	0.41	0.36	0.82	0.29	0.57	-0.78	0.79	-0.45	0.8	0.8	0.55	0.76	0.14	0.85		0.75	0.83	0.3	0.65
Property Plant Equipment	0.78	-0.74	-0.69	0.79	-0.95	-0.39	0.79	0.6	0.49	0.91	0.4	0.82	-0.68	0.79	-0.76	0.98	0.98	0.76	0.68	-0.11	0.91	0.75		0.87	0.46	0.93
Cash And Equivalents	0.86	-0.89	-0.83	0.88	-0.94	-0.66	0.87	0.74	0.62	0.86	0.51	0.77	-0.82	0.89	-0.72	0.9	0.9	0.48	0.81	0.27	0.8	0.83	0.87		0.67	0.69
Non Current Liabilities Total	0.78	-0.51	-0.37	0.77	-0.58	-0.8	0.55	0.89	0.59	0.38	0.6	0.56	-0.35	0.53	-0.57	0.45	0.45	-0.01	0.5	0.3	0.3	0.3	0.46	0.67		0.23
Other Current Liab	0.59	-0.57	-0.57	0.59	-0.81	-0.04	0.64	0.39	0.16	0.82	0.06	0.73	-0.57	0.63	-0.65	0.9	0.89	0.94	0.55	-0.31	0.88	0.65	0.93	0.69	0.23

Click cells to compare fundamentals

Galileo Mining Account Relationship Matchups

Galileo Mining fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	20.3M	19.5M	25.0M	44.7M	48.3M	21.5M
Total Current Liabilities	276.9K	371.4K	237.9K	554.4K	1.4M	787.4K
Total Stockholder Equity	19.9M	19.2M	24.3M	43.3M	47.4M	20.0M
Net Debt	(5.3M)	(6.9M)	(14.4M)	(13.6M)	(12.3M)	(11.6M)
Retained Earnings	(3.9M)	(4.6M)	(5.5M)	(6.3M)	(2.6M)	(1.4M)
Cash	4.2M	5.4M	7.0M	14.5M	13.6M	6.4M
Non Current Assets Total	11.5M	14.0M	17.9M	29.9M	34.5M	4.7M
Non Currrent Assets Other	11.4M	14.0M	17.7M	29.4M	23.9K	8.8M
Cash And Short Term Investments	5.4M	7.0M	14.5M	13.6M	15.7M	16.4M
Net Receivables	104.4K	46.3K	99.8K	339.6K	40.6K	12.9K
Common Stock Shares Outstanding	143.1M	163.0M	196.8M	197.6M	227.3M	142.3M
Liabilities And Stockholders Equity	19.5M	25.0M	44.7M	48.3M	55.5M	58.3M
Total Liab	293.9K	396.5K	267.9K	655.5K	1.4M	871.2K
Total Current Assets	8.8M	5.5M	7.1M	14.8M	13.7M	8.1M
Short Term Debt	83.2K	59.3K	56.7K	55.0K	49.5K	47.1K
Net Tangible Assets	19.9M	19.2M	24.3M	43.3M	49.8M	52.3M
Property Plant And Equipment Net	66.4K	112.5K	113.0K	34.5M	39.7M	41.7M
Inventory	35.2K	25.5K	(840.0)	(10.1K)	(11.6K)	(11.1K)
Other Current Assets	37.5K	27.8K	42.2K	65.6K	75.5K	79.2K
Property Plant Equipment	11.5M	14.0M	17.8M	29.5M	34.0M	35.7M
Non Current Liabilities Total	17.0K	25.0K	29.9K	101.1K	69.5K	83.8K
Other Current Liab	97.4K	136.8K	229.4K	575.4K	661.8K	694.8K
Other Liab	25.0K	29.9K	46.1K	69.5K	79.9K	83.9K
Accounts Payable	81.2K	360.9K	1.1M	212.0K	243.8K	363.4K
Short Term Investments	4M	4.5M	840.0	30.5K	27.5K	26.1K
Other Stockholder Equity	903.1K	936.4K	1.4M	1.0	1.15	1.09
Net Invested Capital	19.2M	24.3M	43.3M	47.4M	54.5M	29.4M
Property Plant And Equipment Gross	14.2M	17.8M	29.9M	34.6M	39.8M	41.8M
Accumulated Other Comprehensive Income	903.1K	936.4K	1.4M	1.8M	2.1M	1.1M
Net Working Capital	5.2M	6.6M	13.5M	12.9M	14.9M	10.3M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Galileo Stock Analysis

When running Galileo Mining's price analysis, check to measure Galileo Mining'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 Galileo Mining is operating at the current time. Most of Galileo Mining's value examination focuses on studying past and present price action to predict the probability of Galileo Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galileo Mining's price. Additionally, you may evaluate how the addition of Galileo Mining to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC