GOLD RESERVE Average Assets vs Earnings before Tax Analysis

GDRZF -- USA Stock  

USD 1.72  0.12  6.52%

GOLD RESERVE financial indicator trend analysis is much more than just examining GOLD RESERVE INC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GOLD RESERVE INC is a good investment. Please check the relationship between GOLD RESERVE Average Assets and its Earnings before Tax accounts. Please also check Risk vs Return Analysis.

Average Assets vs Earnings before Tax

Accounts Relationship

Average Assets vs Earnings before Tax

Significance: Strong Relationship

Average Assets diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of GOLD RESERVE INC Average Assets account and Earnings before Tax

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Average Assets

Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets; derived from [Assets].

Earnings before Tax

Earnings Before Tax is calculated by adding [TaxExp] back to [NetInc].
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