Golden Total Stockholder Equity vs Retained Earnings Analysis

AUMN Stock

USD 0.56 0.01 1.75%

Golden Minerals financial indicator trend analysis is much more than just examining Golden Minerals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Golden Minerals is a good investment. Please check the relationship between Golden Minerals Total Stockholder Equity and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Golden Minerals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

To learn how to invest in Golden Stock, please use our How to Invest in Golden Minerals guide.

Total Stockholder Equity vs Retained Earnings

Total Stockholder Equity vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Golden Minerals Total Stockholder Equity account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.

The correlation between Golden Minerals' Total Stockholder Equity and Retained Earnings is 0.62. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Golden Minerals, assuming nothing else is changed. The correlation between historical values of Golden Minerals' Total Stockholder Equity and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Golden Minerals are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Stockholder Equity i.e., Golden Minerals' Total Stockholder Equity and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.62

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Golden Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Golden Minerals 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 Golden Minerals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

To learn how to invest in Golden Stock, please use our How to Invest in Golden Minerals guide.At this time, Golden Minerals' Selling General Administrative is very stable compared to the past year. As of the 27th of April 2024, Issuance Of Capital Stock is likely to grow to about 4.9 M, while Tax Provision is likely to drop about 131.5 K.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	13.1M	15.5M	6.9M	6.5M
Cost Of Revenue	13.9M	17.9M	16.6M	17.8M

Total Operating Expenses Cost Of Revenue

Golden Minerals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Property Plant And Equipment Net	Common Stock Shares Outstanding	Property Plant And Equipment Gross	Short Term Debt	Other Assets	Property Plant Equipment
Total Assets		0.17	0.3	0.12	-0.08	-0.07	0.73	0.07	1.0	-0.28	0.07	0.56	0.49	0.97	0.29	0.05	0.97	0.13	-0.55	-0.12	0.13	0.6	0.2	-0.24	0.08	0.09
Other Current Liab	0.17		0.93	0.95	-0.95	0.55	0.71	0.95	0.13	-0.34	0.95	0.43	-0.38	-0.08	-0.2	0.07	-0.07	0.95	-0.28	0.67	0.92	-0.39	0.93	0.61	-0.45	0.89
Total Current Liabilities	0.3	0.93		0.91	-0.89	0.4	0.75	0.91	0.27	-0.34	0.91	0.53	-0.23	0.07	-0.09	0.21	0.08	0.92	-0.28	0.66	0.9	-0.22	0.93	0.58	-0.28	0.84
Total Stockholder Equity	0.12	0.95	0.91		-0.97	0.62	0.65	0.98	0.08	-0.26	0.98	0.52	-0.44	-0.14	-0.27	0.02	-0.13	0.98	-0.28	0.62	1.0	-0.46	0.99	0.59	-0.46	0.98
Net Debt	-0.08	-0.95	-0.89	-0.97		-0.58	-0.6	-1.0	-0.04	0.38	-1.0	-0.51	0.41	0.17	0.21	-0.06	0.16	-1.0	0.22	-0.63	-0.96	0.44	-0.96	-0.58	0.55	-0.94
Retained Earnings	-0.07	0.55	0.4	0.62	-0.58		0.29	0.58	-0.09	-0.27	0.58	0.5	-0.72	-0.23	-0.41	-0.75	-0.23	0.59	-0.5	0.4	0.61	-0.67	0.58	0.34	-0.57	0.76
Accounts Payable	0.73	0.71	0.75	0.65	-0.6	0.29		0.6	0.7	-0.4	0.59	0.55	0.16	0.56	0.15	0.04	0.56	0.64	-0.41	0.23	0.64	0.21	0.7	0.11	-0.12	0.6
Cash	0.07	0.95	0.91	0.98	-1.0	0.58	0.6		0.03	-0.36	1.0	0.51	-0.42	-0.18	-0.23	0.06	-0.17	1.0	-0.22	0.66	0.97	-0.45	0.96	0.61	-0.54	0.94
Non Current Assets Total	1.0	0.13	0.27	0.08	-0.04	-0.09	0.7	0.03		-0.27	0.03	0.54	0.5	0.98	0.3	0.05	0.98	0.09	-0.54	-0.14	0.09	0.62	0.16	-0.27	0.1	0.06
Non Currrent Assets Other	-0.28	-0.34	-0.34	-0.26	0.38	-0.27	-0.4	-0.36	-0.27		-0.36	-0.4	-0.25	-0.21	-0.62	0.18	-0.22	-0.38	-0.07	0.11	-0.24	-0.26	-0.31	0.29	0.24	-0.29
Cash And Short Term Investments	0.07	0.95	0.91	0.98	-1.0	0.58	0.59	1.0	0.03	-0.36		0.5	-0.42	-0.18	-0.23	0.06	-0.17	1.0	-0.22	0.66	0.97	-0.45	0.96	0.61	-0.54	0.94
Net Receivables	0.56	0.43	0.53	0.52	-0.51	0.5	0.55	0.51	0.54	-0.4	0.5		-0.13	0.43	-0.08	-0.29	0.43	0.56	-0.6	0.31	0.56	-0.02	0.6	0.17	-0.37	0.61
Common Stock Total Equity	0.49	-0.38	-0.23	-0.44	0.41	-0.72	0.16	-0.42	0.5	-0.25	-0.42	-0.13		0.6	0.84	0.47	0.6	-0.4	0.42	-0.67	-0.44	0.98	-0.34	-0.75	0.48	-0.53
Non Current Liabilities Total	0.97	-0.08	0.07	-0.14	0.17	-0.23	0.56	-0.18	0.98	-0.21	-0.18	0.43	0.6		0.36	0.04	1.0	-0.13	-0.48	-0.28	-0.13	0.71	-0.05	-0.4	0.2	-0.16
Other Current Assets	0.29	-0.2	-0.09	-0.27	0.21	-0.41	0.15	-0.23	0.3	-0.62	-0.23	-0.08	0.84	0.36		0.25	0.36	-0.21	0.53	-0.59	-0.28	0.8	-0.19	-0.73	0.3	-0.32
Other Stockholder Equity	0.05	0.07	0.21	0.02	-0.06	-0.75	0.04	0.06	0.05	0.18	0.06	-0.29	0.47	0.04	0.25		0.04	0.05	0.48	0.03	0.03	0.38	0.06	0.11	0.32	-0.17
Total Liab	0.97	-0.07	0.08	-0.13	0.16	-0.23	0.56	-0.17	0.98	-0.22	-0.17	0.43	0.6	1.0	0.36	0.04		-0.12	-0.48	-0.27	-0.12	0.71	-0.04	-0.39	0.2	-0.15
Total Current Assets	0.13	0.95	0.92	0.98	-1.0	0.59	0.64	1.0	0.09	-0.38	1.0	0.56	-0.4	-0.13	-0.21	0.05	-0.12		-0.25	0.64	0.97	-0.41	0.97	0.58	-0.53	0.95
Common Stock	-0.55	-0.28	-0.28	-0.28	0.22	-0.5	-0.41	-0.22	-0.54	-0.07	-0.22	-0.6	0.42	-0.48	0.53	0.48	-0.48	-0.25		-0.4	-0.29	0.27	-0.27	-0.36	0.29	-0.36
Short Long Term Debt Total	-0.12	0.67	0.66	0.62	-0.63	0.4	0.23	0.66	-0.14	0.11	0.66	0.31	-0.67	-0.28	-0.59	0.03	-0.27	0.64	-0.4		0.61	-0.66	0.57	0.95	-0.54	0.59
Property Plant And Equipment Net	0.13	0.92	0.9	1.0	-0.96	0.61	0.64	0.97	0.09	-0.24	0.97	0.56	-0.44	-0.13	-0.28	0.03	-0.12	0.97	-0.29	0.61		-0.45	0.99	0.59	-0.45	0.98
Common Stock Shares Outstanding	0.6	-0.39	-0.22	-0.46	0.44	-0.67	0.21	-0.45	0.62	-0.26	-0.45	-0.02	0.98	0.71	0.8	0.38	0.71	-0.41	0.27	-0.66	-0.45		-0.35	-0.75	0.51	-0.53
Property Plant And Equipment Gross	0.2	0.93	0.93	0.99	-0.96	0.58	0.7	0.96	0.16	-0.31	0.96	0.6	-0.34	-0.05	-0.19	0.06	-0.04	0.97	-0.27	0.57	0.99	-0.35		0.52	-0.41	0.96
Short Term Debt	-0.24	0.61	0.58	0.59	-0.58	0.34	0.11	0.61	-0.27	0.29	0.61	0.17	-0.75	-0.4	-0.73	0.11	-0.39	0.58	-0.36	0.95	0.59	-0.75	0.52		-0.42	0.55
Other Assets	0.08	-0.45	-0.28	-0.46	0.55	-0.57	-0.12	-0.54	0.1	0.24	-0.54	-0.37	0.48	0.2	0.3	0.32	0.2	-0.53	0.29	-0.54	-0.45	0.51	-0.41	-0.42		-0.52
Property Plant Equipment	0.09	0.89	0.84	0.98	-0.94	0.76	0.6	0.94	0.06	-0.29	0.94	0.61	-0.53	-0.16	-0.32	-0.17	-0.15	0.95	-0.36	0.59	0.98	-0.53	0.96	0.55	-0.52

Click cells to compare fundamentals

Golden Minerals Account Relationship Matchups

Golden Minerals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.4M	18.3M	23.7M	14.9M	1.2B	1.3B
Other Current Liab	1.8M	1.2M	2.7M	1.9M	2.0M	2.0M
Total Current Liabilities	4.4M	2.5M	5.6M	4.3M	5.7M	5.4M
Total Stockholder Equity	5.6M	12.0M	14.2M	6.5M	5.1M	4.9M
Net Debt	(4.5M)	(9.4M)	(11.9M)	(3.6M)	(3.7M)	(3.5M)
Retained Earnings	(516.8M)	(525.9M)	(528.0M)	(538.0M)	(547.2M)	(519.8M)
Accounts Payable	710K	472K	1.1M	2.2M	3.6M	6.9M
Cash	4.6M	9.7M	12.2M	3.8M	3.8M	3.6M
Non Current Assets Total	7.2M	7.0M	7.4M	7.0M	1.2B	1.2B
Non Currrent Assets Other	1.1M	479K	(778K)	45K	1.2M	1.1M
Cash And Short Term Investments	4.6M	9.8M	12.3M	3.8M	3.8M	3.6M
Net Receivables	448K	117K	1.3M	1.5M	3.2M	3.3M
Common Stock Total Equity	919K	955K	1.1M	1.6M	1.8M	1.9M
Liabilities And Stockholders Equity	13.4M	18.3M	23.7M	14.9M	1.2B	1.3B
Non Current Liabilities Total	3.3M	3.8M	3.9M	4.1M	1.2B	1.2B
Other Current Assets	923K	1.1M	1.1M	1.1M	945K	897.8K
Other Stockholder Equity	521.3M	536.3M	540.5M	542.7M	552.2M	421.0M
Total Liab	7.8M	6.3M	9.5M	8.5M	1.2B	1.3B
Total Current Assets	6.2M	11.3M	16.3M	8.0M	8.7M	8.3M
Common Stock	1.1M	1.6M	1.6M	1.7M	141K	134.0K
Property Plant And Equipment Net	6.0M	6.5M	7.3M	6.7M	5.9M	5.6M
Common Stock Shares Outstanding	4.0M	5.3M	6.5M	6.6M	8.5M	9.0M
Property Plant And Equipment Gross	6.0M	6.5M	36.3M	35.8M	33.2M	31.5M
Short Term Debt	1.4M	277K	327K	234K	105K	99.8K
Other Assets	1.4M	(7K)	1.1M	1.2M	1.0M	989.2K
Property Plant Equipment	6.0M	5.5M	6.2M	5.6M	5.0M	4.8M
Other Liab	3M	2.8M	3.8M	3.6M	3.2M	3.1M
Inventory	231K	284K	1.6M	1.4M	830K	788.5K
Current Deferred Revenue	472K	535K	1.5M	32K	28.8K	27.4K
Net Tangible Assets	7.6M	5.6M	12.0M	14.2M	12.8M	12.1M
Retained Earnings Total Equity	(509.1M)	(511.1M)	(516.8M)	(525.9M)	(473.3M)	(496.9M)
Capital Surpluse	516.3M	517.8M	521.3M	536.3M	616.7M	550.4M
Deferred Long Term Liab	307K	511K	479K	70K	63K	59.9K
Non Current Liabilities Other	3.3M	3.8M	353K	122K	109.8K	104.3K
Net Invested Capital	5.6M	12.0M	14.2M	6.5M	5.1M	6.8M
Net Working Capital	1.8M	8.8M	10.7M	3.6M	3.0M	5.4M

Pair Trading with Golden Minerals

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Golden Minerals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Golden Minerals will appreciate offsetting losses from the drop in the long position's value.

Moving against Golden Stock

0.44

HL-PB

Hecla Mining

Pair Corr

The ability to find closely correlated positions to Golden Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Golden Minerals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Golden Minerals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Golden Minerals to buy it.

The correlation of Golden Minerals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Golden Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Golden Minerals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Golden Minerals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Golden Minerals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Minerals' 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 Golden Minerals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Minerals Stock:

How To Invest In Golden

Details

Is Golden Stock a good investment?

Details

What is Golden Minerals' Net Worth?

Details

Largest Precious Metals & Minerals Companies

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Largest Other Precious Metals & Mining Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Golden Minerals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

To learn how to invest in Golden Stock, please use our How to Invest in Golden Minerals guide.

You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for Golden Stock analysis

When running Golden Minerals' price analysis, check to measure Golden Minerals' 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 Golden Minerals is operating at the current time. Most of Golden Minerals' value examination focuses on studying past and present price action to predict the probability of Golden Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Minerals' price. Additionally, you may evaluate how the addition of Golden Minerals to your portfolios can decrease your overall portfolio volatility.

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Is Golden Minerals' industry 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 Golden Minerals. If investors know Golden 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 Golden Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(1.08)

Revenue Per Share

1.405

Quarterly Revenue Growth

(0.94)

Return On Assets

(0.33)

Return On Equity

(1.59)

The market value of Golden Minerals is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Minerals' value that differs from its market value or its book value, called intrinsic value, which is Golden Minerals' 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 Golden Minerals' market value can be influenced by many factors that don't directly affect Golden Minerals' 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 Golden Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Minerals' 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.

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Golden Total Stockholder Equity vs Retained Earnings Analysis

Total Stockholder Equity vs Retained Earnings

Total Stockholder Equity vs Retained Earnings Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Retained Earnings

Golden Minerals fundamental ratios Correlations

Golden Minerals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Golden Minerals fundamental ratios Accounts

Pair Trading with Golden Minerals

Moving against Golden Stock

Complementary Tools for Golden Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Liab	+ 1.0	Non Current Liabilities Total

Total Current Assets	- 1.0	Net Debt
Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Net Debt	- 0.97	Total Stockholder Equity
Property Plant And Equipment Gross	- 0.96	Net Debt
Property Plant And Equipment Net	- 0.96	Net Debt