Gold Net Receivables vs Property Plant And Equipment Gross Analysis

GOR Stock

2.52 0.02 0.80%

Gold Road financial indicator trend analysis is much more than just examining Gold Road Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gold Road Resources is a good investment. Please check the relationship between Gold Road Net Receivables and its Property Plant And Equipment Gross accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gold Road Resources. 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.

Net Receivables vs Property Plant And Equipment Gross

Net Receivables vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gold Road Resources Net Receivables account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Gold Road's Net Receivables and Property Plant And Equipment Gross is -0.06. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Gold Road Resources, assuming nothing else is changed. The correlation between historical values of Gold Road's Net Receivables and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Gold Road Resources are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Net Receivables i.e., Gold Road's Net Receivables and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

-0.06

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Receivables

Property Plant And Equipment Gross

Most indicators from Gold Road's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gold Road Resources 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 Gold Road Resources. 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 26.1 M in 2025. Tax Provision is likely to gain to about 63.6 M in 2025

	2022	2023	2024	2025 (projected)
Depreciation And Amortization	83.9M	80.0M	85.3M	89.6M
Total Revenue	382.9M	472.1M	528.0M	554.4M

Depreciation And Amortization Total Revenue

Gold Road fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Accounts Payable	Net Receivables	Total Liab	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Other Current Liab	Non Current Liabilities Total	Other Current Assets	Short Term Debt	Other Assets	Other Liab	Long Term Investments
Total Assets		0.85	0.95	0.04	0.91	0.99	0.9	0.08	0.98	0.64	0.99	0.64	0.75	0.71	0.97	0.65	0.95	0.88	0.3	0.95	0.9	-0.01	0.38	0.07	0.62	0.91
Total Current Liabilities	0.85		0.85	-0.09	0.95	0.78	0.91	0.33	0.8	0.54	0.84	0.54	0.68	0.71	0.88	0.52	0.78	0.91	0.53	0.93	0.93	-0.15	0.78	0.31	0.76	0.64
Accounts Payable	0.95	0.85		0.07	0.88	0.94	0.88	-0.06	0.95	0.77	0.92	0.77	0.78	0.76	0.97	0.74	0.91	0.87	0.33	0.9	0.91	-0.02	0.41	0.0	0.71	0.79
Net Receivables	0.04	-0.09	0.07		-0.13	0.09	-0.1	-0.57	0.16	0.45	-0.09	0.45	0.29	0.28	-0.06	0.68	0.08	-0.1	0.04	-0.04	-0.12	0.99	-0.17	-0.13	0.03	-0.07
Total Liab	0.91	0.95	0.88	-0.13		0.85	0.98	0.38	0.87	0.51	0.92	0.51	0.72	0.7	0.94	0.49	0.81	0.98	0.43	0.95	0.95	-0.17	0.68	0.35	0.81	0.71
Total Stockholder Equity	0.99	0.78	0.94	0.09	0.85		0.84	-0.01	0.98	0.66	0.97	0.66	0.73	0.69	0.94	0.67	0.96	0.82	0.25	0.91	0.86	0.04	0.27	-0.02	0.54	0.93
Property Plant And Equipment Net	0.9	0.91	0.88	-0.1	0.98	0.84		0.35	0.86	0.53	0.9	0.53	0.77	0.76	0.94	0.51	0.82	1.0	0.41	0.91	0.9	-0.14	0.62	0.37	0.85	0.67
Net Debt	0.08	0.33	-0.06	-0.57	0.38	-0.01	0.35		-0.04	-0.57	0.2	-0.57	-0.14	-0.05	0.13	-0.53	0.01	0.37	0.18	0.2	0.26	-0.5	0.5	0.64	0.29	0.04
Retained Earnings	0.98	0.8	0.95	0.16	0.87	0.98	0.86	-0.04		0.71	0.95	0.71	0.72	0.7	0.95	0.73	0.9	0.85	0.22	0.92	0.87	0.1	0.33	-0.01	0.64	0.86
Cash	0.64	0.54	0.77	0.45	0.51	0.66	0.53	-0.57	0.71		0.53	1.0	0.8	0.72	0.66	0.93	0.65	0.52	0.31	0.6	0.54	0.34	0.25	-0.14	0.49	0.43
Non Current Assets Total	0.99	0.84	0.92	-0.09	0.92	0.97	0.9	0.2	0.95	0.53		0.53	0.67	0.64	0.96	0.52	0.93	0.89	0.28	0.94	0.91	-0.14	0.38	0.1	0.59	0.93
Cash And Short Term Investments	0.64	0.54	0.77	0.45	0.51	0.66	0.53	-0.57	0.71	1.0	0.53		0.8	0.72	0.66	0.93	0.64	0.52	0.31	0.6	0.54	0.34	0.25	-0.14	0.49	0.43
Common Stock Total Equity	0.75	0.68	0.78	0.29	0.72	0.73	0.77	-0.14	0.72	0.8	0.67	0.8		0.89	0.76	0.79	0.8	0.77	0.55	0.7	0.65	0.23	0.41	0.27	0.67	0.48
Common Stock Shares Outstanding	0.71	0.71	0.76	0.28	0.7	0.69	0.76	-0.05	0.7	0.72	0.64	0.72	0.89		0.74	0.74	0.78	0.76	0.51	0.65	0.62	0.21	0.4	0.29	0.75	0.43
Property Plant And Equipment Gross	0.97	0.88	0.97	-0.06	0.94	0.94	0.94	0.13	0.95	0.66	0.96	0.66	0.76	0.74		0.61	0.91	0.93	0.33	0.93	0.91	-0.13	0.46	0.16	0.72	0.82
Total Current Assets	0.65	0.52	0.74	0.68	0.49	0.67	0.51	-0.53	0.73	0.93	0.52	0.93	0.79	0.74	0.61		0.66	0.51	0.29	0.58	0.53	0.6	0.2	-0.13	0.5	0.44
Common Stock	0.95	0.78	0.91	0.08	0.81	0.96	0.82	0.01	0.9	0.65	0.93	0.64	0.8	0.78	0.91	0.66		0.81	0.36	0.85	0.8	0.03	0.26	0.07	0.53	0.87
Property Plant Equipment	0.88	0.91	0.87	-0.1	0.98	0.82	1.0	0.37	0.85	0.52	0.89	0.52	0.77	0.76	0.93	0.51	0.81		0.42	0.9	0.91	-0.15	0.64	0.39	0.86	0.65
Short Long Term Debt Total	0.3	0.53	0.33	0.04	0.43	0.25	0.41	0.18	0.22	0.31	0.28	0.31	0.55	0.51	0.33	0.29	0.36	0.42		0.42	0.37	0.02	0.59	0.44	0.34	0.11
Other Current Liab	0.95	0.93	0.9	-0.04	0.95	0.91	0.91	0.2	0.92	0.6	0.94	0.6	0.7	0.65	0.93	0.58	0.85	0.9	0.42		0.95	-0.09	0.62	0.15	0.67	0.82
Non Current Liabilities Total	0.9	0.93	0.91	-0.12	0.95	0.86	0.9	0.26	0.87	0.54	0.91	0.54	0.65	0.62	0.91	0.53	0.8	0.91	0.37	0.95		-0.17	0.64	0.11	0.75	0.75
Other Current Assets	-0.01	-0.15	-0.02	0.99	-0.17	0.04	-0.14	-0.5	0.1	0.34	-0.14	0.34	0.23	0.21	-0.13	0.6	0.03	-0.15	0.02	-0.09	-0.17		-0.19	-0.1	-0.02	-0.1
Short Term Debt	0.38	0.78	0.41	-0.17	0.68	0.27	0.62	0.5	0.33	0.25	0.38	0.25	0.41	0.4	0.46	0.2	0.26	0.64	0.59	0.62	0.64	-0.19		0.56	0.64	0.12
Other Assets	0.07	0.31	0.0	-0.13	0.35	-0.02	0.37	0.64	-0.01	-0.14	0.1	-0.14	0.27	0.29	0.16	-0.13	0.07	0.39	0.44	0.15	0.11	-0.1	0.56		0.34	-0.16
Other Liab	0.62	0.76	0.71	0.03	0.81	0.54	0.85	0.29	0.64	0.49	0.59	0.49	0.67	0.75	0.72	0.5	0.53	0.86	0.34	0.67	0.75	-0.02	0.64	0.34		0.27
Long Term Investments	0.91	0.64	0.79	-0.07	0.71	0.93	0.67	0.04	0.86	0.43	0.93	0.43	0.48	0.43	0.82	0.44	0.87	0.65	0.11	0.82	0.75	-0.1	0.12	-0.16	0.27

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Gold Road Account Relationship Matchups

Gold Road fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	641.9M	652.4M	1.1B	1.2B	1.5B	1.6B
Total Current Liabilities	57.3M	54.1M	60.3M	85.1M	74.9M	78.7M
Accounts Payable	11.5M	13.5M	14.9M	15.8M	18.7M	19.6M
Net Receivables	5.5M	2.1M	3.0M	4.5M	5.5M	5.3M
Total Liab	222.4M	210.9M	232.6M	235.8M	307.9M	323.3M
Total Stockholder Equity	419.5M	441.5M	831.8M	942.4M	1.2B	1.3B
Property Plant And Equipment Net	451.3M	461.7M	444.1M	505.8M	562.8M	590.9M
Net Debt	(10.4M)	(15.9M)	48.1M	(15.2M)	(46.8M)	(44.5M)
Retained Earnings	211.9M	234.1M	282.9M	385.3M	514.0M	539.7M
Cash	126.4M	131.5M	74.4M	143.8M	166.3M	174.6M
Non Current Assets Total	484.5M	479.8M	927.4M	983.1M	1.3B	1.4B
Cash And Short Term Investments	126.4M	131.5M	74.4M	143.8M	166.3M	174.6M
Common Stock Shares Outstanding	884.0M	886.9M	987.5M	1.1B	1.1B	687.7M
Liabilities And Stockholders Equity	641.9M	652.4M	1.1B	1.2B	1.5B	1.6B
Property Plant And Equipment Gross	468.3M	609.9M	695.3M	793.0M	935.1M	981.9M
Total Current Assets	157.3M	172.6M	137.0M	195.2M	217.7M	228.6M
Accumulated Other Comprehensive Income	3.6M	2.8M	114.8M	117.1M	271.3M	284.9M
Property Plant Equipment	472.9M	468.3M	479.1M	481.2M	553.4M	581.1M
Short Long Term Debt Total	116.0M	115.6M	122.5M	128.6M	119.5M	126.8M
Other Current Liab	21.5M	18.8M	20.0M	30.5M	42.5M	44.6M
Non Current Liabilities Total	165.1M	156.9M	172.3M	150.7M	233.0M	244.6M
Other Current Assets	2.0M	2.2M	2.3M	3.0M	4.7M	8.7M
Short Term Debt	20.3M	22.3M	5.6M	13.8M	13.8M	15.7M
Other Assets	10.9M	1.5M	711K	4.8M	1.15	1.09
Other Liab	30.9M	44.1M	52.0M	27.4M	31.5M	18.8M
Long Term Investments	1.5M	711K	406.8M	465.0M	740.6M	777.6M
Net Tangible Assets	336.1M	419.5M	441.5M	831.8M	956.6M	1.0B
Inventory	23.4M	36.8M	57.3M	43.8M	41.2M	43.2M
Other Stockholder Equity	3.6M	2.8M	114.8M	1.0	1.15	1.09
Non Currrent Assets Other	17.0M	17.4M	37.1M	12.3M	15.0M	15.7M
Short Term Investments	874K	834K	358K	269K	242.1K	230.0K
Long Term Debt Total	142.3M	106.3M	104.9M	110.3M	126.9M	90.3M
Net Invested Capital	419.5M	441.5M	831.8M	942.4M	1.2B	688.6M
Current Deferred Revenue	7.3M	5.5M	6.6M	25.0M	28.7M	30.2M
Capital Lease Obligations	116.0M	115.6M	122.5M	128.6M	119.5M	131.9M

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