| GLB Stock | | | CAD 0.18 0.00 0.00% |
Goldbank Mining financial indicator trend analysis is much more than just examining Goldbank Mining Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Goldbank Mining Corp is a good investment. Please check the relationship between Goldbank Mining Other Stockholder Equity and its Non Current Assets Total accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldbank Mining 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 board of governors.
Other Stockholder Equity vs Non Current Assets Total
Other Stockholder Equity vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Goldbank Mining Corp Other Stockholder Equity account and
Non Current Assets Total. At this time, the significance of the direction appears to have pay attention.
The correlation between Goldbank Mining's Other Stockholder Equity and Non Current Assets Total is -0.8. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Goldbank Mining Corp, assuming nothing else is changed. The correlation between historical values of Goldbank Mining's Other Stockholder Equity and Non Current Assets Total 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 Stockholder Equity of Goldbank Mining Corp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Stockholder Equity i.e., Goldbank Mining's Other Stockholder Equity and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.8 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Other Stockholder Equity
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Goldbank Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Goldbank Mining 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldbank Mining 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 board of governors.
Selling General Administrative is likely to climb to about 627.3
K in 2024.
Issuance Of Capital Stock is likely to climb to about 2.6
M in 2024
Goldbank Mining fundamental ratios Correlations
Click cells to compare fundamentals
Goldbank Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Goldbank Mining fundamental ratios Accounts
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