Unigold Inventory vs Total Stockholder Equity Analysis

UGD Stock  CAD 0.07  0.01  7.14%   
Unigold financial indicator trend analysis is much more than just breaking down Unigold prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Unigold is a good investment. Please check the relationship between Unigold Inventory and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unigold. 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.

Inventory vs Total Stockholder Equity

Inventory vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unigold Inventory account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Unigold's Inventory and Total Stockholder Equity is 0.48. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Unigold, assuming nothing else is changed. The correlation between historical values of Unigold's Inventory and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Unigold are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Inventory i.e., Unigold's Inventory and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Inventory

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Unigold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Unigold 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Unigold. 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.
At this time, Unigold's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 108.21 in 2024, whereas Enterprise Value Over EBITDA is likely to drop (4.80) in 2024.
 2010 2023 2024 (projected)
Research Development172.8K155.5K138.2K
Minority Interest2.8K2.5K2.3K

Unigold fundamental ratios Correlations

-0.421.00.99-0.210.8-0.380.220.99-0.490.08-0.75-0.29-0.640.56-0.420.05-0.570.27-0.620.27-0.380.680.710.490.87
-0.42-0.43-0.43-0.34-0.440.910.34-0.440.090.230.45-0.19-0.16-0.011.00.240.120.130.590.130.34-0.27-0.310.09-0.43
1.0-0.430.99-0.210.8-0.390.210.99-0.490.07-0.75-0.28-0.640.56-0.430.05-0.570.27-0.620.27-0.390.680.710.480.87
0.99-0.430.99-0.110.75-0.410.111.0-0.42-0.05-0.69-0.35-0.680.52-0.43-0.08-0.630.33-0.570.33-0.310.630.670.50.83
-0.21-0.34-0.21-0.11-0.12-0.43-1.0-0.10.32-0.880.250.190.0-0.39-0.35-0.88-0.26-0.240.21-0.240.02-0.17-0.120.18-0.14
0.8-0.440.80.75-0.12-0.410.130.77-0.720.26-0.950.29-0.340.54-0.440.24-0.3-0.28-0.71-0.28-0.830.840.840.530.99
-0.380.91-0.39-0.41-0.43-0.410.43-0.420.00.320.36-0.19-0.120.080.910.330.220.20.540.20.35-0.24-0.290.06-0.39
0.220.340.210.11-1.00.130.430.1-0.320.88-0.25-0.190.00.390.340.880.260.24-0.210.24-0.020.180.13-0.180.14
0.99-0.440.991.0-0.10.77-0.420.1-0.43-0.05-0.7-0.32-0.680.52-0.44-0.08-0.620.3-0.580.3-0.340.640.680.50.85
-0.490.09-0.49-0.420.32-0.720.0-0.32-0.43-0.440.77-0.270.27-0.910.08-0.420.110.230.380.230.68-0.78-0.76-0.45-0.7
0.080.230.07-0.05-0.880.260.320.88-0.05-0.44-0.380.290.240.320.231.00.45-0.22-0.28-0.22-0.370.270.2-0.140.22
-0.750.45-0.75-0.690.25-0.950.36-0.25-0.70.77-0.38-0.270.22-0.590.44-0.360.110.220.640.220.78-0.83-0.82-0.36-0.93
-0.29-0.19-0.28-0.350.190.29-0.19-0.19-0.32-0.270.29-0.270.5-0.12-0.190.30.41-0.96-0.16-0.96-0.720.20.170.080.17
-0.64-0.16-0.64-0.680.0-0.34-0.120.0-0.680.270.240.220.5-0.46-0.160.260.64-0.430.0-0.43-0.03-0.44-0.48-0.81-0.45
0.56-0.010.560.52-0.390.540.080.390.52-0.910.32-0.59-0.12-0.46-0.010.3-0.30.13-0.310.13-0.380.670.660.410.58
-0.421.0-0.43-0.43-0.35-0.440.910.34-0.440.080.230.44-0.19-0.16-0.010.240.120.130.590.130.34-0.27-0.310.09-0.43
0.050.240.05-0.08-0.880.240.330.88-0.08-0.421.0-0.360.30.260.30.240.48-0.23-0.27-0.23-0.360.250.18-0.160.19
-0.570.12-0.57-0.63-0.26-0.30.220.26-0.620.110.450.110.410.64-0.30.120.48-0.350.23-0.350.01-0.3-0.34-0.49-0.39
0.270.130.270.33-0.24-0.280.20.240.30.23-0.220.22-0.96-0.430.130.13-0.23-0.350.181.00.74-0.19-0.16-0.12-0.16
-0.620.59-0.62-0.570.21-0.710.54-0.21-0.580.38-0.280.64-0.160.0-0.310.59-0.270.230.180.180.62-0.56-0.56-0.08-0.7
0.270.130.270.33-0.24-0.280.20.240.30.23-0.220.22-0.96-0.430.130.13-0.23-0.351.00.180.74-0.19-0.16-0.12-0.16
-0.380.34-0.39-0.310.02-0.830.35-0.02-0.340.68-0.370.78-0.72-0.03-0.380.34-0.360.010.740.620.74-0.72-0.7-0.39-0.76
0.68-0.270.680.63-0.170.84-0.240.180.64-0.780.27-0.830.2-0.440.67-0.270.25-0.3-0.19-0.56-0.19-0.721.00.60.83
0.71-0.310.710.67-0.120.84-0.290.130.68-0.760.2-0.820.17-0.480.66-0.310.18-0.34-0.16-0.56-0.16-0.71.00.620.84
0.490.090.480.50.180.530.06-0.180.5-0.45-0.14-0.360.08-0.810.410.09-0.16-0.49-0.12-0.08-0.12-0.390.60.620.58
0.87-0.430.870.83-0.140.99-0.390.140.85-0.70.22-0.930.17-0.450.58-0.430.19-0.39-0.16-0.7-0.16-0.760.830.840.58
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Unigold Account Relationship Matchups

Unigold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets43.7M5.3M4.4M1.2M1.5M1.5M
Total Current Liabilities94.7K107.3K374.5K712.8K371.3K709.3K
Total Stockholder Equity43.6M5.2M4.0M442.8K1.2M1.1M
Property Plant And Equipment Net42.3M786.0K918.1K754.1K594.7K565.0K
Net Debt(1.4M)(4.0M)(3.0M)(252.6K)(825.7K)(867.0K)
Retained Earnings(17.9M)(65.0M)(71.3M)(77.1M)(80.2M)(76.2M)
Accounts Payable122.0K94.7K107.3K374.5K337.1K353.9K
Cash1.4M4.0M3.0M252.6K825.7K784.5K
Non Current Assets Total42.3M786.0K918.1K754.1K594.7K565.0K
Cash And Short Term Investments1.4M4.3M3.1M314.0K825.7K784.5K
Common Stock Shares Outstanding54.8M119.1M143.4M182.5M238.0M249.9M
Short Term Investments68.2K289.8K115.8K61.4K85.6K81.3K
Liabilities And Stockholders Equity43.7M5.3M4.4M1.2M1.5M1.5M
Other Current Assets68.2K289.8K115.8K61.4K85.6K71.4K
Other Stockholder Equity2.0M1.6M3.3M2.7M3.2M3.0M
Total Liab94.7K107.3K374.5K712.8K371.3K706.4K
Total Current Assets1.5M4.5M3.4M401.6K946.6K899.3K
Net Receivables23.6K174.8K321.0K87.6K35.3K33.5K
Accumulated Other Comprehensive Income1.6M3.3M2.7M2.3M2.5M2.4M
Other Current Liab94.7K107.3K374.5K712.8K371.3K229.7K
Common Stock59.9M66.9M72.5M75.2M78.9M65.6M
Net Tangible Assets41.2M1.6M5.2M4.0M3.6M3.4M
Property Plant Equipment40.8M230.3K786.0K918.1K826.3K784.9K
Inventory(68.2K)(289.8K)(115.8K)(61.4K)(55.2K)(58.0K)
Net Invested Capital43.6M5.2M4.0M442.8K1.2M1.1M
Net Working Capital1.4M4.4M3.1M(311.2K)575.3K546.5K
Capital Stock59.9M66.9M72.5M75.2M78.9M75.3M

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When running Unigold's price analysis, check to measure Unigold'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 Unigold is operating at the current time. Most of Unigold's value examination focuses on studying past and present price action to predict the probability of Unigold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unigold's price. Additionally, you may evaluate how the addition of Unigold to your portfolios can decrease your overall portfolio volatility.