GOLD RESERVE Earnings before Tax vs Enterprise Value Analysis

GDRZF -- USA Stock  

USD 1.71  0.06  3.64%

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 Earnings before Tax and its Enterprise Value accounts. Please also check Risk vs Return Analysis.

Earnings before Tax vs Enterprise Value

Accounts Relationship

Earnings before Tax vs Enterprise Value

Significance: Strong Contrarian Relationship

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

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Earnings before Tax

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

Enterprise Value

Enterprise Value (or EV) is usually referred to as GOLD RESERVE theoretical takeover price. In the event of an acquisition, an acquirer would have to take on GOLD RESERVE INC debt, but would also pocket its cash. Enterprise Value is more accurate representation of GOLD RESERVE value than its market capitalization because it takes into account all of GOLD RESERVE INC existing debt. Enterprise value is a measure of the value of a business as a whole; calculated as [MarketCap] plus [DebtUSD] minus [CashnEqUSD].
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