| IAUX Stock | | | USD 0.66 0.06 8.33% |
I 80 financial indicator trend analysis is infinitely more than just investigating I 80 Gold recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether I 80 Gold is a good investment. Please check the relationship between I 80 Cash And Short Term Investments and its Accounts Payable accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in I 80 Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Cash And Short Term Investments vs Accounts Payable
Cash And Short Term Investments vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
I 80 Gold Cash And Short Term Investments account and
Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between I 80's Cash And Short Term Investments and Accounts Payable is 0.21. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of I 80 Gold Corp, assuming nothing else is changed. The correlation between historical values of I 80's Cash And Short Term Investments and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of I 80 Gold Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Cash And Short Term Investments i.e., I 80's Cash And Short Term Investments and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.21 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of I 80 Gold balance sheet. This account contains I 80 investments that will expire within one year. These investments include stocks and bonds that can be liquidated by I 80 Gold Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Accounts Payable
An accounting item on the balance sheet that represents I 80 obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of I 80 Gold are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from I 80's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into I 80 Gold 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 I 80 Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Discontinued Operations is likely to drop to about 11.2
M in 2024.
Selling General Administrative is likely to drop to about 13.4
M in 2024
I 80 fundamental ratios Correlations
Click cells to compare fundamentals
I 80 Account Relationship Matchups
High Positive Relationship
High Negative Relationship
I 80 fundamental ratios Accounts
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Additional Tools for IAUX Stock Analysis
When running I 80's price analysis, check to
measure I 80's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy I 80 is operating at the current time. Most of I 80's value examination focuses on studying past and present price action to
predict the probability of I 80's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move I 80's price. Additionally, you may evaluate how the addition of I 80 to your portfolios can decrease your overall portfolio volatility.