Galway Retained Earnings vs Non Current Assets Total Analysis

GWM Stock  CAD 0.49  0.01  2.00%   
Galway Metals financial indicator trend analysis is much more than just examining Galway Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Galway Metals is a good investment. Please check the relationship between Galway Metals Retained Earnings 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 Galway Metals. 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.

Retained Earnings vs Non Current Assets Total

Retained Earnings vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Galway Metals Retained Earnings account and Non Current Assets Total. At this time, the significance of the direction appears to have pay attention.
The correlation between Galway Metals' Retained Earnings and Non Current Assets Total is -0.96. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Galway Metals, assuming nothing else is changed. The correlation between historical values of Galway Metals' Retained Earnings 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 Retained Earnings of Galway Metals 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 Retained Earnings i.e., Galway Metals' Retained Earnings and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.96
Relationship DirectionNegative 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 Galway Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Galway Metals 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 Galway Metals. 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 drop to about 2.5 M in 2025. Issuance Of Capital Stock is likely to drop to about 3.1 M in 2025
 2022 2023 2024 2025 (projected)
Interest Income535.0138.0K158.7K166.6K
Net Interest Income535.0138.0K158.7K166.6K

Galway Metals fundamental ratios Correlations

0.910.970.54-0.21-0.520.190.530.170.190.520.220.910.280.530.870.690.310.870.93-0.15-0.1-0.10.60.95-0.15
0.910.780.680.0-0.610.00.630.130.00.570.251.00.10.570.810.890.570.920.99-0.08-0.330.020.70.91-0.08
0.970.780.4-0.31-0.420.290.430.170.290.450.190.780.370.460.830.520.130.780.82-0.180.03-0.160.490.89-0.18
0.540.680.4-0.06-0.330.090.29-0.110.090.190.150.680.170.210.40.680.50.620.630.31-0.270.330.450.550.31
-0.210.0-0.31-0.06-0.69-1.00.720.76-1.00.680.140.0-0.990.670.130.050.640.01-0.03-0.5-0.510.330.570.07-0.5
-0.52-0.61-0.42-0.33-0.690.69-0.96-0.840.69-0.97-0.41-0.620.62-0.97-0.7-0.44-0.67-0.55-0.610.480.35-0.18-0.95-0.70.48
0.190.00.290.09-1.00.69-0.73-0.781.0-0.7-0.140.00.99-0.68-0.14-0.05-0.62-0.020.030.560.5-0.31-0.56-0.090.56
0.530.630.430.290.72-0.96-0.730.81-0.730.970.270.63-0.660.970.720.510.740.610.63-0.59-0.480.20.910.73-0.59
0.170.130.17-0.110.76-0.84-0.780.81-0.780.870.360.15-0.770.880.44-0.050.380.150.17-0.69-0.180.140.690.38-0.69
0.190.00.290.09-1.00.691.0-0.73-0.78-0.7-0.140.00.99-0.68-0.14-0.05-0.62-0.020.030.560.5-0.31-0.56-0.090.56
0.520.570.450.190.68-0.97-0.70.970.87-0.70.390.58-0.641.00.70.420.610.540.58-0.66-0.340.120.890.71-0.66
0.220.250.190.150.14-0.41-0.140.270.36-0.140.390.25-0.120.390.360.060.080.180.26-0.170.11-0.110.410.31-0.17
0.911.00.780.680.0-0.620.00.630.150.00.580.250.10.580.80.890.570.90.99-0.09-0.310.020.710.91-0.09
0.280.10.370.17-0.990.620.99-0.66-0.770.99-0.64-0.120.1-0.63-0.050.05-0.550.090.120.560.44-0.3-0.490.010.56
0.530.570.460.210.67-0.97-0.680.970.88-0.681.00.390.58-0.630.70.40.610.530.59-0.65-0.320.150.890.71-0.65
0.870.810.830.40.13-0.7-0.140.720.44-0.140.70.360.8-0.050.70.560.540.850.82-0.25-0.360.030.770.94-0.25
0.690.890.520.680.05-0.44-0.050.51-0.05-0.050.420.060.890.050.40.560.630.860.85-0.08-0.510.080.510.72-0.08
0.310.570.130.50.64-0.67-0.620.740.38-0.620.610.080.57-0.550.610.540.630.580.53-0.17-0.860.510.710.53-0.17
0.870.920.780.620.01-0.55-0.020.610.15-0.020.540.180.90.090.530.850.860.580.89-0.14-0.50.020.620.92-0.14
0.930.990.820.63-0.03-0.610.030.630.170.030.580.260.990.120.590.820.850.530.89-0.14-0.28-0.010.680.93-0.14
-0.15-0.08-0.180.31-0.50.480.56-0.59-0.690.56-0.66-0.17-0.090.56-0.65-0.25-0.08-0.17-0.14-0.140.160.04-0.29-0.321.0
-0.1-0.330.03-0.27-0.510.350.5-0.48-0.180.5-0.340.11-0.310.44-0.32-0.36-0.51-0.86-0.5-0.280.16-0.46-0.34-0.330.16
-0.10.02-0.160.330.33-0.18-0.310.20.14-0.310.12-0.110.02-0.30.150.030.080.510.02-0.010.04-0.460.140.050.04
0.60.70.490.450.57-0.95-0.560.910.69-0.560.890.410.71-0.490.890.770.510.710.620.68-0.29-0.340.140.74-0.29
0.950.910.890.550.07-0.7-0.090.730.38-0.090.710.310.910.010.710.940.720.530.920.93-0.32-0.330.050.74-0.32
-0.15-0.08-0.180.31-0.50.480.56-0.59-0.690.56-0.66-0.17-0.090.56-0.65-0.25-0.08-0.17-0.14-0.141.00.160.04-0.29-0.32
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Galway Metals Account Relationship Matchups

Galway Metals fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets24.7M20.7M16.2M14.2M16.4M16.2M
Total Current Liabilities4.3M4.3M1.5M1.4M1.6M1.4M
Total Stockholder Equity20.4M16.3M14.6M12.8M14.7M14.8M
Property Plant And Equipment Net7.6M9.1M9.7M1.3M1.5M1.4M
Net Debt(15.4M)(10.4M)(5.6M)(3.2M)(3.7M)(3.9M)
Retained Earnings(33.4M)(49.5M)(60.3M)(65.7M)(59.1M)(56.2M)
Cash15.4M10.7M5.8M3.3M3.0M2.9M
Non Current Assets Total7.7M9.2M9.7M10.4M12.0M12.6M
Non Currrent Assets Other54.5K53.5K53.2K9.1M10.4M11.0M
Cash And Short Term Investments15.4M10.7M5.8M3.3M3.0M2.9M
Common Stock Shares Outstanding49.6M58.7M64.1M72.2M83.0M87.2M
Liabilities And Stockholders Equity24.7M20.7M16.2M14.2M16.4M16.2M
Other Stockholder Equity7.2M9.0M9.5M9.7M11.2M7.2M
Total Liab4.3M4.5M1.6M1.5M1.7M1.4M
Total Current Assets17.1M11.6M6.5M3.8M3.4M3.3M
Accumulated Other Comprehensive Income188.7K156.4K149.0K117.7K135.4K142.2K
Common Stock46.4M56.6M65.3M68.6M78.9M82.9M
Net Tangible Assets11.8M11.4M20.4M14.6M16.8M13.7M
Accounts Payable656.8K845.2K892.0K237.1K272.7K432.0K
Net Receivables1.7M867.8K540.3K438.1K503.8K629.7K
Other Current Liab4.3M4.2M1.4M1.3M1.5M1.7M
Other Current Assets36.0K49.1K115.2K39.3K35.3K51.7K
Property Plant Equipment4.8M5.8M7.6M9.7M11.2M6.3M
Net Invested Capital20.4M16.5M14.8M12.9M14.9M15.5M
Net Working Capital12.7M7.3M5.0M2.4M2.2M2.1M
Capital Stock46.4M56.6M65.3M68.6M78.9M53.2M

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