IAUX Net Debt vs Total Current Liabilities Analysis

IAUX Stock  USD 0.63  0.03  4.55%   
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 Net Debt and its Total Current Liabilities 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.

Net Debt vs Total Current Liabilities

Net Debt vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of I 80 Gold Net Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have very week relationship.
The correlation between I 80's Net Debt and Total Current Liabilities is 0.2. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Liabilities 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 Net Debt and Total Current Liabilities 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 Debt of I 80 Gold Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Debt i.e., I 80's Net Debt and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Current Liabilities

Total Current Liabilities is an item on I 80 balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of I 80 Gold Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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
 2021 2022 2023 2024 (projected)
Total Operating Expenses24.0M65.4M60.5M36.3M
Cost Of Revenue662.1K33.4M63.2M66.3M

I 80 fundamental ratios Correlations

0.57-0.91-0.910.24-0.36-0.610.61-0.72-0.77-0.35-0.92-0.89-0.86-0.52-0.86-0.85-0.42-0.35-0.850.66-0.35-0.85-0.61-0.79-0.33
0.57-0.37-0.35-0.29-0.06-0.83-0.16-0.25-0.55-0.84-0.3-0.25-0.460.02-0.33-0.290.2-0.62-0.29-0.03-0.62-0.510.0-0.28-0.44
-0.91-0.371.0-0.140.510.51-0.840.920.830.350.970.980.950.490.970.960.310.490.96-0.860.490.930.830.920.41
-0.91-0.351.0-0.210.520.53-0.840.90.840.320.980.990.950.540.970.970.370.440.97-0.850.440.940.850.940.34
0.24-0.29-0.14-0.21-0.28-0.090.220.17-0.140.6-0.38-0.34-0.15-0.81-0.15-0.25-0.980.73-0.25-0.020.73-0.14-0.35-0.340.8
-0.36-0.060.510.52-0.280.47-0.60.510.590.140.540.560.560.430.520.540.280.210.54-0.310.210.570.470.560.05
-0.61-0.830.510.53-0.090.47-0.080.330.750.710.530.490.650.330.480.50.140.470.5-0.030.470.70.330.570.11
0.61-0.16-0.84-0.840.22-0.6-0.08-0.87-0.570.06-0.82-0.87-0.74-0.47-0.84-0.83-0.35-0.25-0.830.92-0.25-0.7-0.83-0.78-0.28
-0.72-0.250.920.90.170.510.33-0.870.730.410.810.850.860.230.910.87-0.010.680.86-0.920.680.840.760.80.63
-0.77-0.550.830.84-0.140.590.75-0.570.730.450.810.810.960.630.890.90.230.530.9-0.530.530.970.770.910.25
-0.35-0.840.350.320.60.140.710.060.410.450.20.20.4-0.350.280.22-0.530.870.22-0.10.870.450.050.230.63
-0.92-0.30.970.98-0.380.540.53-0.820.810.810.20.990.930.660.940.950.540.280.95-0.780.280.910.850.940.18
-0.89-0.250.980.99-0.340.560.49-0.870.850.810.20.990.930.630.960.960.490.320.96-0.830.320.910.890.950.21
-0.86-0.460.950.95-0.150.560.65-0.740.860.960.40.930.930.60.980.980.280.530.98-0.730.531.00.850.960.33
-0.520.020.490.54-0.810.430.33-0.470.230.63-0.350.660.630.60.580.670.82-0.310.67-0.27-0.310.590.670.71-0.46
-0.86-0.330.970.97-0.150.520.48-0.840.910.890.280.940.960.980.580.990.290.490.99-0.850.490.960.870.940.38
-0.85-0.290.960.97-0.250.540.5-0.830.870.90.220.950.960.980.670.990.380.411.0-0.810.410.960.90.970.27
-0.420.20.310.37-0.980.280.14-0.35-0.010.23-0.530.540.490.280.820.290.38-0.640.39-0.15-0.640.260.440.45-0.67
-0.35-0.620.490.440.730.210.47-0.250.680.530.870.280.320.53-0.310.490.41-0.640.4-0.421.00.550.260.360.84
-0.85-0.290.960.97-0.250.540.5-0.830.860.90.220.950.960.980.670.991.00.390.4-0.810.40.960.90.970.27
0.66-0.03-0.86-0.85-0.02-0.31-0.030.92-0.92-0.53-0.1-0.78-0.83-0.73-0.27-0.85-0.81-0.15-0.42-0.81-0.42-0.68-0.78-0.73-0.49
-0.35-0.620.490.440.730.210.47-0.250.680.530.870.280.320.53-0.310.490.41-0.641.00.4-0.420.550.260.360.84
-0.85-0.510.930.94-0.140.570.7-0.70.840.970.450.910.911.00.590.960.960.260.550.96-0.680.550.830.960.32
-0.610.00.830.85-0.350.470.33-0.830.760.770.050.850.890.850.670.870.90.440.260.9-0.780.260.830.950.02
-0.79-0.280.920.94-0.340.560.57-0.780.80.910.230.940.950.960.710.940.970.450.360.97-0.730.360.960.950.11
-0.33-0.440.410.340.80.050.11-0.280.630.250.630.180.210.33-0.460.380.27-0.670.840.27-0.490.840.320.020.11
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I 80 Account Relationship Matchups

I 80 fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab78.4M78.9M21.3M53.7M16.1M15.3M
Total Current Liabilities98.5M151.5M29.9M85.6M60.9M65.9M
Other Liab7.2M8.2M178.1M128.3M147.6M154.9M
Net Tangible Assets(14.1M)(16.5M)407.0M333.4M383.4M402.6M
Retained Earnings(31.1M)(33.9M)43.1M(36.1M)(82.3M)(78.2M)
Accounts Payable20.1M113K8.5M10.6M12.8M10.1M
Other Assets8.6M(108.8M)32.2M35.4M40.7M42.7M
Net Receivables27.5M11.9M393K623K4.3M4.1M
Inventory4.2M4.4M26M16.5M11.4M11.5M
Other Stockholder Equity6.8M1.7813.7M15.0M17.3M9.2M
Total Current Assets58.9M0.78121.5M77.3M39.8M67.0M
Property Plant Equipment94.7M100.2M502.6M529.3M608.7M639.1M

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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.