GROW Other Operating Expenses vs Total Operating Expenses Analysis
GROW Stock | USD 2.44 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 Other Operating Expenses and its Total Operating Expenses 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.
Other Operating Expenses vs Total Operating Expenses
Other Operating Expenses vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of US Global Investors Other Operating Expenses account and Total Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between US Global's Other Operating Expenses and Total Operating Expenses is 0.75. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Total Operating Expenses 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 Other Operating Expenses and Total Operating Expenses 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 Operating Expenses of US Global Investors are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Other Operating Expenses i.e., US Global's Other Operating Expenses and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of US Global Investors. It is also known as US Global overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.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
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US Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
US Global fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 18.8M | 62.3M | 60.7M | 55.7M | 52.0M | 36.4M | |
Short Long Term Debt Total | 535K | 43K | 93K | 66K | 39K | 37.1K | |
Other Current Liab | 1.4M | 2.6M | 3.6M | 2.2M | 1.5M | 1.4M | |
Total Current Liabilities | 2.0M | 5.2M | 4.1M | 2.9M | 2.2M | 2.1M | |
Total Stockholder Equity | 16.8M | 54.3M | 56.5M | 52.2M | 49.0M | 27.4M | |
Property Plant And Equipment Net | 1.6M | 1.4M | 1.5M | 1.2M | 1.2M | 1.9M | |
Net Debt | (1.4M) | (14.4M) | (22.2M) | (25.3M) | (27.4M) | (26.0M) | |
Retained Earnings | 2.6M | 33.8M | 38.0M | 37.7M | 37.5M | 39.3M | |
Accounts Payable | 142K | 553K | 533K | 629K | 509K | 372.5K | |
Cash | 1.9M | 14.4M | 22.3M | 25.4M | 27.4M | 28.8M | |
Non Current Assets Total | 8.3M | 35.5M | 22.7M | 15.3M | 11.6M | 10.1M | |
Non Currrent Assets Other | 92K | 99K | (1.4M) | (2.0M) | 203K | 192.9K | |
Cash And Short Term Investments | 8.3M | 20.8M | 34.5M | 37.0M | 42.6M | 44.7M | |
Net Receivables | 974K | 4.7M | 2.2M | 1.8M | 1.8M | 2.4M | |
Common Stock Shares Outstanding | 15.1M | 15.1M | 15.0M | 14.6M | 14.2M | 16.3M | |
Liabilities And Stockholders Equity | 18.8M | 62.3M | 60.7M | 55.7M | 52.0M | 36.4M | |
Non Current Liabilities Total | 43K | 2.8M | 66K | 538K | 793K | 753.4K | |
Other Current Assets | 7.6M | 1.4M | 1.4M | 1.5M | 1.5M | 1.4M | |
Other Stockholder Equity | 11.1M | 13.5M | (22.1M) | 12.7M | 10.6M | 8.6M | |
Total Liab | 2.1M | 8.0M | 4.2M | 3.5M | 3.0M | 2.8M | |
Property Plant And Equipment Gross | 1.6M | 5.5M | 5.7M | 5.7M | 5.8M | 3.2M | |
Total Current Assets | 10.5M | 26.8M | 38.0M | 40.4M | 40.3M | 22.4M | |
Accumulated Other Comprehensive Income | (4K) | 6.6M | 4.3M | 1.3M | 584K | 702.6K | |
Other Assets | 72K | 92K | 99K | 468K | 421.2K | 555.2K | |
Inventory | (6.3M) | (8.5M) | 1.0 | (12.2M) | (10.4M) | (10.9M) | |
Property Plant Equipment | 1.7M | 1.6M | 1.4M | 1.5M | 1.3M | 1.9M | |
Net Tangible Assets | 21.7M | 16.8M | 54.3M | 56.5M | 65.0M | 36.2M | |
Deferred Long Term Liab | 133K | 7K | 4K | 9K | 10.4K | 9.8K |
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