GROW Depreciation vs Dividends Paid Analysis

GROW Stock  USD 2.43  0.01  0.41%   
US Global financial indicator trend analysis is much more than just breaking down US Global Investors prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether US Global Investors is a good investment. Please check the relationship between US Global Depreciation and its Dividends Paid accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in US Global Investors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Depreciation vs Dividends Paid

Depreciation vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of US Global Investors Depreciation account and Dividends Paid. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between US Global's Depreciation and Dividends Paid is 0.42. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of US Global Investors, assuming nothing else is changed. The correlation between historical values of US Global's Depreciation and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of US Global Investors are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Depreciation i.e., US Global's Depreciation and Dividends Paid go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Depreciation

Depreciation indicates how much of US Global Investors value has been used up. For tax purposes US Global can deduct the cost of the tangible assets it purchases as business expenses. However, US Global Investors must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from US Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into US Global Investors 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 US Global Investors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, US Global's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 931.5 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 36.9 K in 2024.

US Global fundamental ratios Correlations

0.530.870.880.040.00.86-0.02-0.01-0.160.130.93-0.07-0.030.17-0.82-0.85-0.39-0.06-0.15-0.130.880.370.01-0.61-0.82
0.530.820.81-0.680.60.830.66-0.76-0.44-0.580.730.11-0.67-0.24-0.86-0.64-0.350.110.020.290.81-0.51-0.650.3-0.86
0.870.821.0-0.450.21.00.38-0.45-0.39-0.250.97-0.09-0.39-0.1-0.98-0.88-0.49-0.09-0.120.061.0-0.11-0.44-0.26-0.98
0.880.811.0-0.440.191.00.38-0.45-0.38-0.250.98-0.1-0.39-0.08-0.98-0.88-0.49-0.1-0.120.061.0-0.1-0.43-0.27-0.98
0.04-0.68-0.45-0.44-0.37-0.48-0.780.870.480.71-0.30.110.710.460.510.220.310.130.0-0.38-0.440.910.93-0.530.5
0.00.60.20.19-0.370.20.32-0.41-0.57-0.320.110.58-0.33-0.04-0.270.08-0.030.630.320.390.18-0.48-0.310.62-0.27
0.860.831.01.0-0.480.20.39-0.47-0.39-0.260.97-0.1-0.4-0.1-0.98-0.87-0.49-0.1-0.120.071.0-0.14-0.46-0.25-0.98
-0.020.660.380.38-0.780.320.39-0.93-0.2-0.990.31-0.26-0.94-0.21-0.47-0.28-0.03-0.290.130.280.37-0.77-0.860.6-0.47
-0.01-0.76-0.45-0.450.87-0.41-0.47-0.930.410.91-0.340.050.940.410.530.350.250.07-0.05-0.35-0.440.840.89-0.660.53
-0.16-0.44-0.39-0.380.48-0.57-0.39-0.20.410.16-0.3-0.430.310.140.40.170.52-0.54-0.02-0.23-0.370.40.42-0.280.4
0.13-0.58-0.25-0.250.71-0.32-0.26-0.990.910.16-0.180.250.930.190.350.18-0.050.27-0.15-0.29-0.240.760.8-0.680.35
0.930.730.970.98-0.30.110.970.31-0.34-0.3-0.18-0.1-0.350.06-0.96-0.87-0.51-0.1-0.140.00.980.03-0.35-0.37-0.96
-0.070.11-0.09-0.10.110.58-0.1-0.260.05-0.430.25-0.10.04-0.120.070.2-0.370.930.110.18-0.11-0.050.110.310.07
-0.03-0.67-0.39-0.390.71-0.33-0.4-0.940.940.310.93-0.350.040.190.490.320.280.06-0.01-0.3-0.390.720.84-0.620.5
0.17-0.24-0.1-0.080.46-0.04-0.1-0.210.410.140.190.06-0.120.190.090.150.09-0.07-0.270.07-0.070.460.27-0.330.09
-0.82-0.86-0.98-0.980.51-0.27-0.98-0.470.530.40.35-0.960.070.490.090.820.480.070.1-0.07-0.980.210.520.161.0
-0.85-0.64-0.88-0.880.220.08-0.87-0.280.350.170.18-0.870.20.320.150.820.390.20.19-0.01-0.88-0.120.20.350.82
-0.39-0.35-0.49-0.490.31-0.03-0.49-0.030.250.52-0.05-0.51-0.370.280.090.480.39-0.380.42-0.15-0.50.160.410.120.48
-0.060.11-0.09-0.10.130.63-0.1-0.290.07-0.540.27-0.10.930.06-0.070.070.2-0.380.120.19-0.1-0.040.140.320.07
-0.150.02-0.12-0.120.00.32-0.120.13-0.05-0.02-0.15-0.140.11-0.01-0.270.10.190.420.120.08-0.13-0.140.010.290.1
-0.130.290.060.06-0.380.390.070.28-0.35-0.23-0.290.00.18-0.30.07-0.07-0.01-0.150.190.080.06-0.38-0.330.44-0.07
0.880.811.01.0-0.440.181.00.37-0.44-0.37-0.240.98-0.11-0.39-0.07-0.98-0.88-0.5-0.1-0.130.06-0.09-0.43-0.28-0.98
0.37-0.51-0.11-0.10.91-0.48-0.14-0.770.840.40.760.03-0.050.720.460.21-0.120.16-0.04-0.14-0.38-0.090.88-0.80.21
0.01-0.65-0.44-0.430.93-0.31-0.46-0.860.890.420.8-0.350.110.840.270.520.20.410.140.01-0.33-0.430.88-0.510.52
-0.610.3-0.26-0.27-0.530.62-0.250.6-0.66-0.28-0.68-0.370.31-0.62-0.330.160.350.120.320.290.44-0.28-0.8-0.510.16
-0.82-0.86-0.98-0.980.5-0.27-0.98-0.470.530.40.35-0.960.070.50.091.00.820.480.070.1-0.07-0.980.210.520.16
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US Global Account Relationship Matchups

US Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.8M62.3M60.7M55.7M52.0M36.4M
Short Long Term Debt Total535K43K93K66K39K37.1K
Other Current Liab1.4M2.6M3.6M2.2M1.5M1.4M
Total Current Liabilities2.0M5.2M4.1M2.9M2.2M2.1M
Total Stockholder Equity16.8M54.3M56.5M52.2M49.0M27.4M
Property Plant And Equipment Net1.6M1.4M1.5M1.2M1.2M1.9M
Net Debt(1.4M)(14.4M)(22.2M)(25.3M)(27.4M)(26.0M)
Retained Earnings2.6M33.8M38.0M37.7M37.5M39.3M
Accounts Payable142K553K533K629K509K372.5K
Cash1.9M14.4M22.3M25.4M27.4M28.8M
Non Current Assets Total8.3M35.5M22.7M15.3M11.6M10.1M
Non Currrent Assets Other92K99K(1.4M)(2.0M)203K192.9K
Cash And Short Term Investments8.3M20.8M34.5M37.0M42.6M44.7M
Net Receivables974K4.7M2.2M1.8M1.8M2.4M
Common Stock Shares Outstanding15.1M15.1M15.0M14.6M14.2M16.3M
Liabilities And Stockholders Equity18.8M62.3M60.7M55.7M52.0M36.4M
Non Current Liabilities Total43K2.8M66K538K793K753.4K
Other Current Assets7.6M1.4M1.4M1.5M1.5M1.4M
Other Stockholder Equity11.1M13.5M(22.1M)12.7M10.6M8.6M
Total Liab2.1M8.0M4.2M3.5M3.0M2.8M
Property Plant And Equipment Gross1.6M5.5M5.7M5.7M5.8M3.2M
Total Current Assets10.5M26.8M38.0M40.4M40.3M22.4M
Accumulated Other Comprehensive Income(4K)6.6M4.3M1.3M584K702.6K
Other Assets72K92K99K468K421.2K555.2K
Inventory(6.3M)(8.5M)1.0(12.2M)(10.4M)(10.9M)
Property Plant Equipment1.7M1.6M1.4M1.5M1.3M1.9M
Net Tangible Assets21.7M16.8M54.3M56.5M65.0M36.2M
Deferred Long Term Liab133K7K4K9K10.4K9.8K

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