Gold Property Plant And Equipment Net vs Common Stock Analysis

YGT Stock  CAD 0.06  0.01  9.09%   
Gold Terra financial indicator trend analysis is much more than just examining Gold Terra Resource latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gold Terra Resource is a good investment. Please check the relationship between Gold Terra Property Plant And Equipment Net and its Common Stock accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Gold Terra Resource. 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.

Property Plant And Equipment Net vs Common Stock

Property Plant And Equipment Net vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gold Terra Resource Property Plant And Equipment Net account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gold Terra's Property Plant And Equipment Net and Common Stock is 0.74. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Common Stock in the same time period over historical financial statements of Gold Terra Resource, assuming nothing else is changed. The correlation between historical values of Gold Terra's Property Plant And Equipment Net and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Gold Terra Resource are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Property Plant And Equipment Net i.e., Gold Terra's Property Plant And Equipment Net and Common Stock go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Common Stock

Most indicators from Gold Terra's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gold Terra Resource 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Gold Terra Resource. 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, Gold Terra's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 18 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.5 M in 2024.
 2020 2021 2023 2024 (projected)
Interest Income21.3K781.0702.9667.76
Net Interest Income20.4K781.0702.9667.76

Gold Terra fundamental ratios Correlations

0.730.641.00.85-0.35-0.980.760.180.990.250.350.060.96-0.61-0.230.860.280.890.770.890.920.90.560.480.87
0.730.660.720.69-0.41-0.780.620.20.720.030.42-0.180.81-0.450.280.910.310.650.490.650.630.640.110.740.7
0.640.660.640.65-0.57-0.650.760.510.59-0.120.590.270.55-0.160.110.750.540.510.470.510.540.440.390.260.43
1.00.720.640.85-0.35-0.980.760.180.990.250.350.070.96-0.61-0.240.850.280.890.770.890.920.90.570.470.87
0.850.690.650.85-0.27-0.830.80.080.85-0.290.28-0.070.85-0.45-0.20.890.190.740.790.740.770.680.380.580.65
-0.35-0.41-0.57-0.35-0.270.32-0.39-0.96-0.250.05-0.99-0.31-0.25-0.07-0.13-0.36-0.98-0.15-0.08-0.14-0.11-0.15-0.280.02-0.14
-0.98-0.78-0.65-0.98-0.830.32-0.75-0.14-0.98-0.27-0.320.0-0.970.590.11-0.87-0.23-0.9-0.75-0.9-0.93-0.9-0.51-0.53-0.88
0.760.620.760.760.8-0.39-0.750.210.75-0.110.390.240.75-0.31-0.180.820.310.570.750.570.620.530.30.430.54
0.180.20.510.180.08-0.96-0.140.210.07-0.020.940.410.030.20.130.150.99-0.01-0.09-0.02-0.050.00.32-0.26-0.03
0.990.720.590.990.85-0.25-0.980.750.070.250.260.020.97-0.64-0.250.850.170.90.790.90.940.910.540.520.88
0.250.03-0.120.25-0.290.05-0.27-0.11-0.020.25-0.060.160.21-0.34-0.09-0.09-0.030.27-0.010.290.290.410.27-0.140.41
0.350.420.590.350.28-0.99-0.320.390.940.26-0.060.290.260.050.120.370.970.190.10.180.140.180.28-0.010.17
0.06-0.180.270.07-0.07-0.310.00.240.410.020.160.29-0.090.37-0.06-0.130.37-0.140.12-0.13-0.08-0.130.31-0.55-0.19
0.960.810.550.960.85-0.25-0.970.750.030.970.210.26-0.09-0.66-0.150.90.150.890.750.90.910.90.40.650.9
-0.61-0.45-0.16-0.61-0.45-0.070.59-0.310.2-0.64-0.340.050.37-0.660.35-0.490.13-0.74-0.27-0.74-0.71-0.78-0.32-0.47-0.81
-0.230.280.11-0.24-0.2-0.130.11-0.180.13-0.25-0.090.12-0.06-0.150.350.010.12-0.23-0.29-0.23-0.27-0.23-0.270.02-0.19
0.860.910.750.850.89-0.36-0.870.820.150.85-0.090.37-0.130.9-0.490.010.260.750.690.750.760.720.240.760.75
0.280.310.540.280.19-0.98-0.230.310.990.17-0.030.970.370.150.130.120.260.060.00.050.020.070.32-0.140.05
0.890.650.510.890.74-0.15-0.90.57-0.010.90.270.19-0.140.89-0.74-0.230.750.060.651.00.990.980.570.520.96
0.770.490.470.770.79-0.08-0.750.75-0.090.79-0.010.10.120.75-0.27-0.290.690.00.650.650.710.60.460.350.55
0.890.650.510.890.74-0.14-0.90.57-0.020.90.290.18-0.130.9-0.74-0.230.750.051.00.650.990.980.560.520.96
0.920.630.540.920.77-0.11-0.930.62-0.050.940.290.14-0.080.91-0.71-0.270.760.020.990.710.990.960.570.490.94
0.90.640.440.90.68-0.15-0.90.530.00.910.410.18-0.130.9-0.78-0.230.720.070.980.60.980.960.60.490.99
0.560.110.390.570.38-0.28-0.510.30.320.540.270.280.310.4-0.32-0.270.240.320.570.460.560.570.6-0.270.5
0.480.740.260.470.580.02-0.530.43-0.260.52-0.14-0.01-0.550.65-0.470.020.76-0.140.520.350.520.490.49-0.270.58
0.870.70.430.870.65-0.14-0.880.54-0.030.880.410.17-0.190.9-0.81-0.190.750.050.960.550.960.940.990.50.58
Click cells to compare fundamentals

Gold Terra Account Relationship Matchups

Gold Terra fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets37.4M41.4M42.6M49.1M50.9M53.4M
Other Current Liab216.4K198.4K297.4K553.9K637.0K668.8K
Total Current Liabilities653.3K560.0K297.4K903.7K698.8K397.4K
Total Stockholder Equity36.7M40.8M42.1M47.7M49.4M51.8M
Property Plant And Equipment Net32.3M37.8M5.2K45.7M49.2M51.6M
Net Debt(4.7M)(3.3M)(2.1M)(3.1M)(2.8M)(2.9M)
Retained Earnings(14.6M)(16.4M)(18.9M)(20.8M)(23.0M)(21.9M)
Accounts Payable389.4K361.5K169.8K349.8K514.6K540.4K
Cash4.8M3.3M2.1M3.1M1.1M1.0M
Non Current Assets Total32.4M37.9M40.3M45.8M49.3M51.8M
Non Currrent Assets Other165K25K152.5K40.1M175.4K166.7K
Cash And Short Term Investments4.8M3.3M2.1M3.1M3.5M2.5M
Net Receivables106.1K91.2K82.8K24.0K27.6K26.2K
Common Stock Shares Outstanding132.9M172.0M189.2M217.0M281.2M295.3M
Liabilities And Stockholders Equity37.4M41.4M42.6M49.1M56.5M59.3M
Other Stockholder Equity3.5M4.0M4.3M4.6M5.2M5.7M
Total Liab713.8K585.0K455.4K1.4M1.5M1.6M
Total Current Assets5.0M3.5M2.3M3.3M1.6M2.5M
Net Tangible Assets36.7M40.8M42.1M47.7M54.8M38.3M
Non Current Liabilities Total60.4K25K158K544K785.9K825.2K
Common Stock47.7M53.3M56.7M63.9M73.5M50.4M
Property Plant Equipment32.3M37.8M40.1M45.7M52.5M35.0M
Net Invested Capital29.1M36.7M40.8M47.7M49.4M41.8M
Net Working Capital839.6K4.3M2.9M2.4M857.9K815.0K
Other Liab7K25K158K544K625.6K656.9K

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