| VGD Stock | | | CAD 0.08 0.01 14.29% |
Visible Gold financial indicator trend analysis is much more than just breaking down Visible Gold Mines prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Visible Gold Mines is a good investment. Please check the relationship between Visible Gold Non Current Assets Total and its Other Current Liab accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Visible Gold Mines. 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.
Non Current Assets Total vs Other Current Liab
Non Current Assets Total vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Visible Gold Mines Non Current Assets Total account and
Other Current Liab. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Visible Gold's Non Current Assets Total and Other Current Liab is 0.16. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Visible Gold Mines, assuming nothing else is changed. The correlation between historical values of Visible Gold's Non Current Assets Total and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Visible Gold Mines are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Non Current Assets Total i.e., Visible Gold's Non Current Assets Total and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.16 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
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.
Other Current Liab
Most indicators from Visible Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Visible Gold Mines 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 Visible Gold Mines. 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, Visible Gold's
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 260.8
K in 2024, despite the fact that
Enterprise Value Over EBITDA is likely to grow to
(3.68).
Visible Gold fundamental ratios Correlations
Click cells to compare fundamentals
Visible Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Visible Gold fundamental ratios Accounts
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Additional Tools for Visible Stock Analysis
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measure Visible Gold'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 Visible Gold is operating at the current time. Most of Visible Gold's value examination focuses on studying past and present price action to
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