ASA Non Currrent Assets Other vs Other Liab Analysis
| ASA Stock | USD 17.43 0.89 4.86% |
ASA Gold financial indicator trend analysis is way more than just evaluating ASA Gold prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ASA Gold is a good investment. Please check the relationship between ASA Gold Non Currrent Assets Other and its Other Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASA Gold and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Non Currrent Assets Other vs Other Liab
Non Currrent Assets Other vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ASA Gold Non Currrent Assets Other account and Other Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between ASA Gold's Non Currrent Assets Other and Other Liab is -0.03. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Liab in the same time period over historical financial statements of ASA Gold and, assuming nothing else is changed. The correlation between historical values of ASA Gold's Non Currrent Assets Other and Other 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 Currrent Assets Other of ASA Gold and are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Non Currrent Assets Other i.e., ASA Gold's Non Currrent Assets Other and Other Liab go up and down completely randomly.
Correlation Coefficient | -0.03 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
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.Other Liab
Most indicators from ASA Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ASA Gold 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in ASA Gold and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At present, ASA Gold's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 28.47, whereas Selling General Administrative is forecasted to decline to about 949.8 K.
| 2023 | 2024 (projected) | Interest Income | 87.4K | 83.0K | Non Recurring | 500.1K | 444.6K |
ASA Gold fundamental ratios Correlations
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ASA Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ASA Gold fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 464.7M | 482.7M | 326.3M | 335.6M | 302.1M | 323.7M | |
| Other Current Liab | 433.6K | 462.3K | 312.4K | 370.6K | 333.5K | 316.8K | |
| Total Current Liabilities | 433.6K | 462.3K | 312.4K | 370.6K | 333.5K | 316.8K | |
| Total Stockholder Equity | 463.9M | 481.9M | 325.6M | 334.9M | 301.4M | 308.9M | |
| Retained Earnings | 443.3M | 461.2M | 304.9M | 314.3M | 361.4M | 274.8M | |
| Cash | 1.3M | 79.9K | 78.5K | 4.8M | 4.3M | 5.5M | |
| Other Assets | 109.1K | 131.0K | 104.2K | 88.6K | 101.8K | 106.9K | |
| Total Liab | 803.4K | 462.3K | 691.6K | 370.6K | 333.5K | 316.8K | |
| Other Liab | 411.3K | 369.8K | 333.5K | 379.2K | 341.3K | 324.3K | |
| Net Debt | (1.3M) | (79.9K) | (78.5K) | (4.8M) | (5.5M) | (5.8M) | |
| Non Current Assets Total | 463.1M | 482.3M | 325.9M | 330.4M | 297.3M | 345.5M | |
| Non Currrent Assets Other | (463.1M) | (482.3M) | (325.9M) | (330.4M) | (379.9M) | (398.9M) | |
| Cash And Short Term Investments | 1.3M | 79.9K | 78.5K | 4.8M | 4.3M | 5.4M | |
| Net Receivables | 177.2K | 236.8K | 183.8K | 328.2K | 295.4K | 237.0K | |
| Liabilities And Stockholders Equity | 464.7M | 482.7M | 326.3M | 335.6M | 302.1M | 351.0M | |
| Total Current Assets | 1.5M | 316.7K | 262.3K | 5.1M | 4.6M | 5.6M | |
| Net Tangible Assets | 285.9M | 463.9M | 481.9M | 325.6M | 293.0M | 299.3M | |
| Long Term Investments | 463.1M | 482.3M | 325.9M | 330.4M | 297.3M | 292.8M |
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When determining whether ASA Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASA Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Asa Gold And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asa Gold And Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASA Gold and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ASA Gold. If investors know ASA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ASA Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.55) | Dividend Share 0.02 | Earnings Share 0.5 | Revenue Per Share 0.127 | Quarterly Revenue Growth 0.103 |
The market value of ASA Gold is measured differently than its book value, which is the value of ASA that is recorded on the company's balance sheet. Investors also form their own opinion of ASA Gold's value that differs from its market value or its book value, called intrinsic value, which is ASA Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ASA Gold's market value can be influenced by many factors that don't directly affect ASA Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ASA Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASA Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASA Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.