Unigold Net Invested Capital vs Non Currrent Assets Other 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 Net Invested Capital and its Non Currrent Assets Other 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.

Net Invested Capital vs Non Currrent Assets Other

Net Invested Capital vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unigold Net Invested Capital account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Unigold's Net Invested Capital and Non Currrent Assets Other is -0.7. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Unigold, assuming nothing else is changed. The correlation between historical values of Unigold's Net Invested Capital and Non Currrent Assets Other 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 Invested Capital of Unigold are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Net Invested Capital i.e., Unigold's Net Invested Capital and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.7
Relationship DirectionNegative 
Relationship StrengthWeak

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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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