Goldstone Total Stockholder Equity vs Short Term Debt Analysis

GOLDTECH   74.18  3.36  4.33%   
Goldstone Technologies financial indicator trend analysis is much more than just examining Goldstone Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Goldstone Technologies is a good investment. Please check the relationship between Goldstone Technologies Total Stockholder Equity and its Short Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldstone Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Total Stockholder Equity vs Short Term Debt

Total Stockholder Equity vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goldstone Technologies Total Stockholder Equity account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Goldstone Technologies' Total Stockholder Equity and Short Term Debt is 0.56. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Goldstone Technologies Limited, assuming nothing else is changed. The correlation between historical values of Goldstone Technologies' Total Stockholder Equity and Short 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 Stockholder Equity of Goldstone Technologies Limited are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Stockholder Equity i.e., Goldstone Technologies' Total Stockholder Equity and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Short Term Debt

Most indicators from Goldstone Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Goldstone Technologies 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 Goldstone Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
The current year's Tax Provision is expected to grow to about 6.5 M, whereas Selling General Administrative is forecasted to decline to about 18.9 M.
 2022 2023 2024 2025 (projected)
Interest Expense5.5M9.7M8.7M9.1M
Depreciation And Amortization8.2M17.1M15.4M14.9M

Goldstone Technologies fundamental ratios Correlations

0.610.770.960.840.780.370.630.080.70.430.150.80.10.480.07-0.490.540.920.650.510.150.550.33-0.460.5
0.610.430.630.40.350.670.090.030.420.230.640.470.290.46-0.24-0.090.130.650.40.440.320.410.160.140.44
0.770.430.890.360.660.410.5-0.160.420.09-0.210.94-0.240.680.09-0.410.360.920.620.15-0.170.370.06-0.460.1
0.960.630.890.670.810.390.620.070.660.340.10.87-0.070.55-0.04-0.490.430.980.620.420.00.530.27-0.420.32
0.840.40.360.670.710.040.660.320.750.640.260.390.20.020.13-0.560.520.560.360.560.220.390.55-0.440.58
0.780.350.660.810.71-0.140.860.520.90.590.110.52-0.420.02-0.11-0.850.240.680.120.3-0.390.210.6-0.470.03
0.370.670.410.390.04-0.14-0.36-0.73-0.2-0.260.30.580.60.790.090.40.340.530.710.10.640.59-0.520.120.55
0.630.090.50.620.660.86-0.360.560.840.72-0.020.35-0.48-0.1-0.12-0.930.310.49-0.020.48-0.460.080.65-0.750.05
0.080.03-0.160.070.320.52-0.730.560.650.560.19-0.35-0.54-0.64-0.34-0.62-0.34-0.11-0.590.27-0.56-0.410.84-0.03-0.33
0.70.420.420.660.750.9-0.20.840.650.730.30.29-0.35-0.13-0.29-0.830.090.52-0.10.51-0.340.030.81-0.350.08
0.430.230.090.340.640.59-0.260.720.560.730.35-0.01-0.15-0.33-0.23-0.710.150.2-0.180.52-0.160.090.63-0.460.26
0.150.64-0.210.10.260.110.3-0.020.190.30.35-0.160.41-0.14-0.32-0.04-0.030.05-0.10.470.40.320.090.180.47
0.80.470.940.870.390.520.580.35-0.350.29-0.01-0.160.010.840.16-0.20.490.940.80.20.080.53-0.11-0.410.27
0.10.29-0.24-0.070.2-0.420.6-0.48-0.54-0.35-0.150.410.010.250.310.580.390.010.510.181.00.59-0.450.170.84
0.480.460.680.550.020.020.79-0.1-0.64-0.13-0.33-0.140.840.250.170.240.350.720.80.10.310.47-0.43-0.130.28
0.07-0.240.09-0.040.13-0.110.09-0.12-0.34-0.29-0.23-0.320.160.310.170.070.250.010.4-0.370.320.15-0.29-0.140.27
-0.49-0.09-0.41-0.49-0.56-0.850.4-0.93-0.62-0.83-0.71-0.04-0.20.580.240.07-0.14-0.350.21-0.250.570.06-0.660.610.09
0.540.130.360.430.520.240.340.31-0.340.090.15-0.030.490.390.350.25-0.140.450.650.290.410.71-0.21-0.660.65
0.920.650.920.980.560.680.530.49-0.110.520.20.050.940.010.720.01-0.350.450.720.380.080.560.11-0.380.34
0.650.40.620.620.360.120.71-0.02-0.59-0.1-0.18-0.10.80.510.80.40.210.650.720.170.570.73-0.4-0.260.6
0.510.440.150.420.560.30.10.480.270.510.520.470.20.180.1-0.37-0.250.290.380.170.20.230.4-0.40.49
0.150.32-0.170.00.22-0.390.64-0.46-0.56-0.34-0.160.40.081.00.310.320.570.410.080.570.20.62-0.450.150.86
0.550.410.370.530.390.210.590.08-0.410.030.090.320.530.590.470.150.060.710.560.730.230.62-0.43-0.310.73
0.330.160.060.270.550.6-0.520.650.840.810.630.09-0.11-0.45-0.43-0.29-0.66-0.210.11-0.40.4-0.45-0.43-0.09-0.16
-0.460.14-0.46-0.42-0.44-0.470.12-0.75-0.03-0.35-0.460.18-0.410.17-0.13-0.140.61-0.66-0.38-0.26-0.40.15-0.31-0.09-0.29
0.50.440.10.320.580.030.550.05-0.330.080.260.470.270.840.280.270.090.650.340.60.490.860.73-0.16-0.29
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Goldstone Technologies Account Relationship Matchups

Goldstone Technologies fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets566.6M879.5M973.3M1.1B947.1M764.5M
Short Long Term Debt Total1.3M37.3M105.4M155.1M139.6M146.6M
Other Current Liab12.2M23.0M28.3M57.5M51.7M100.9M
Total Current Liabilities76.4M159.8M198.0M287.6M258.8M203.9M
Total Stockholder Equity439M675.1M691.0M670.7M603.7M505.2M
Property Plant And Equipment Net99.7M100.0M146.3M153.0M137.7M166.7M
Net Debt(18M)29.4M97.4M149.8M134.8M141.6M
Retained Earnings(108.0M)(112.4M)(106.0M)(101.0M)(90.9M)(86.4M)
Cash19.3M7.9M8.0M5.3M4.8M4.6M
Non Current Assets Total202.4M200.7M334.2M396.7M357.0M373.8M
Cash And Short Term Investments19.3M7.9M166.4M201.3M231.5M243.1M
Net Receivables101.6M130.3M236.8M219.8M197.8M159.5M
Liabilities And Stockholders Equity566.6M879.5M973.3M1.1B947.1M764.5M
Non Current Liabilities Total51.2M44.6M84.3M94.1M84.7M55.4M
Inventory101.7M371.8M209.8M(3.9M)(3.5M)(3.4M)
Other Current Assets243.4M240.2M256.1M238.6M274.4M151.7M
Total Liab127.6M204.4M282.3M381.7M343.5M259.3M
Total Current Assets364.2M678.8M639.0M655.7M590.2M390.7M
Accumulated Other Comprehensive Income145.2M149.0M159.1M139.6M160.6M168.6M
Short Term Debt9.8M37.0M68.8M104.9M94.4M50.2M
Accounts Payable62.2M86.1M91.6M124.1M142.7M82.6M
Current Deferred Revenue3.0M14.6M4.2M1.1M1.0M966.2K
Other Liab51.9M51.2M44.6M47.7M54.8M54.4M
Net Tangible Assets354.1M346.4M582.5M581.3M668.4M469.2M
Other Assets10.1M8.1M7.1M(1.0)(0.9)(0.85)
Short Long Term Debt1.3M37.3M59.8M95.5M85.9M56.8M
Property Plant Equipment100.8M99.7M100.0M146.3M131.6M108.9M
Long Term Debt Total2.8M1.3M0.036.6M42.1M44.2M
Cash And Equivalents34.9M19.3M7.9M8.0M7.2M6.8M
Net Invested Capital439.0M712.4M750.8M766.2M881.1M638.8M
Net Working Capital287.8M519.0M441.0M368.1M423.4M386.7M

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Other Information on Investing in Goldstone Stock

Balance Sheet is a snapshot of the financial position of Goldstone Technologies at a specified time, usually calculated after every quarter, six months, or one year. Goldstone Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Goldstone Technologies 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 Goldstone currently owns. An asset can also be divided into two categories, current and non-current.