Golden Short Long Term Debt vs Short Term Debt Analysis

GMGI Stock  USD 3.94  0.16  4.23%   
Golden Matrix financial indicator trend analysis is much more than just examining Golden Matrix Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Golden Matrix Group is a good investment. Please check the relationship between Golden Matrix Short Long Term Debt and its Short Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Matrix Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Short Long Term Debt vs Short Term Debt

Short Long Term Debt vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Golden Matrix Group Short Long Term Debt account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Golden Matrix's Short Long Term Debt and Short Term Debt is 0.5. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Golden Matrix Group, assuming nothing else is changed. The correlation between historical values of Golden Matrix's Short Long Term Debt and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Golden Matrix Group are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Short Long Term Debt i.e., Golden Matrix's Short Long Term Debt and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

Short Term Debt

Most indicators from Golden Matrix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Golden Matrix Group 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Matrix Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
As of now, Golden Matrix's Enterprise Value is increasing as compared to previous years.
 2022 2023 2024 (projected)
Tax Provision683.3K785.8K606.3K
Interest Income57.0K65.6K68.8K

Golden Matrix fundamental ratios Correlations

0.50.480.99-0.92-0.280.970.970.720.510.470.98-0.28-0.45-0.39-0.480.960.060.260.960.080.950.980.75-0.660.71
0.50.820.43-0.37-0.530.430.430.120.430.810.48-0.250.02-0.320.010.53-0.280.460.540.30.370.430.570.070.0
0.480.820.39-0.26-0.610.380.380.090.610.990.440.150.430.10.410.54-0.220.390.550.60.30.440.570.080.07
0.990.430.39-0.95-0.240.980.980.760.450.380.97-0.31-0.52-0.42-0.550.930.110.250.940.010.960.980.7-0.70.75
-0.92-0.37-0.26-0.950.3-0.98-0.98-0.8-0.22-0.22-0.910.380.60.470.62-0.78-0.31-0.37-0.790.09-0.93-0.93-0.490.73-0.8
-0.28-0.53-0.61-0.240.3-0.32-0.32-0.13-0.26-0.57-0.280.17-0.180.05-0.17-0.17-0.31-0.82-0.19-0.67-0.25-0.34-0.04-0.11-0.2
0.970.430.380.98-0.98-0.321.00.790.350.350.95-0.31-0.51-0.41-0.540.850.260.350.860.00.950.970.58-0.710.8
0.970.430.380.98-0.98-0.321.00.790.350.350.95-0.31-0.51-0.41-0.540.850.260.350.860.00.950.970.58-0.710.8
0.720.120.090.76-0.8-0.130.790.790.150.060.72-0.46-0.54-0.52-0.570.570.530.450.580.030.760.80.23-0.510.82
0.510.430.610.45-0.22-0.260.350.350.150.640.46-0.130.02-0.140.00.64-0.330.130.640.460.360.510.69-0.010.11
0.470.810.990.38-0.22-0.570.350.350.060.640.460.150.440.10.420.55-0.270.350.560.620.320.430.610.10.05
0.980.480.440.97-0.91-0.280.950.950.720.460.46-0.29-0.45-0.39-0.470.930.090.280.930.090.990.960.71-0.640.71
-0.28-0.250.15-0.310.380.17-0.31-0.31-0.46-0.130.15-0.290.750.940.76-0.23-0.17-0.49-0.230.1-0.32-0.32-0.08-0.1-0.22
-0.450.020.43-0.520.6-0.18-0.51-0.51-0.540.020.44-0.450.750.751.0-0.37-0.12-0.08-0.360.48-0.53-0.45-0.20.5-0.4
-0.39-0.320.1-0.420.470.05-0.41-0.41-0.52-0.140.1-0.390.940.750.77-0.34-0.2-0.36-0.330.24-0.42-0.42-0.15-0.03-0.37
-0.480.010.41-0.550.62-0.17-0.54-0.54-0.570.00.42-0.470.761.00.77-0.4-0.14-0.1-0.390.45-0.55-0.49-0.220.5-0.43
0.960.530.540.93-0.78-0.170.850.850.570.640.550.93-0.23-0.37-0.34-0.4-0.20.111.00.110.870.90.9-0.550.54
0.06-0.28-0.220.11-0.31-0.310.260.260.53-0.33-0.270.09-0.17-0.12-0.2-0.14-0.20.48-0.190.010.190.24-0.6-0.120.69
0.260.460.390.25-0.37-0.820.350.350.450.130.350.28-0.49-0.08-0.36-0.10.110.480.130.540.270.36-0.10.150.27
0.960.540.550.94-0.79-0.190.860.860.580.640.560.93-0.23-0.36-0.33-0.391.0-0.190.130.130.870.90.89-0.560.54
0.080.30.60.010.09-0.670.00.00.030.460.620.090.10.480.240.450.110.010.540.130.010.130.140.3-0.07
0.950.370.30.96-0.93-0.250.950.950.760.360.320.99-0.32-0.53-0.42-0.550.870.190.270.870.010.940.62-0.690.77
0.980.430.440.98-0.93-0.340.970.970.80.510.430.96-0.32-0.45-0.42-0.490.90.240.360.90.130.940.62-0.630.81
0.750.570.570.7-0.49-0.040.580.580.230.690.610.71-0.08-0.2-0.15-0.220.9-0.6-0.10.890.140.620.62-0.390.12
-0.660.070.08-0.70.73-0.11-0.71-0.71-0.51-0.010.1-0.64-0.10.5-0.030.5-0.55-0.120.15-0.560.3-0.69-0.63-0.39-0.58
0.710.00.070.75-0.8-0.20.80.80.820.110.050.71-0.22-0.4-0.37-0.430.540.690.270.54-0.070.770.810.12-0.58
Click cells to compare fundamentals

Golden Matrix Account Relationship Matchups

Golden Matrix fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets819.9K3.0M13.8M32.6M37.5M39.3M
Other Current Liab290K324.0K1.2M943.2K1.1M1.1M
Total Current Liabilities1.8M1.2M552.6K2.7M3.1M3.3M
Total Stockholder Equity(1.3M)1.0M13.3M26.8M30.8M32.4M
Net Debt100.4K(367.5K)(11.7M)(14.8M)(13.3M)(12.6M)
Retained Earnings(26.4M)(25.5M)(25.1M)(24.7M)(22.2M)(23.3M)
Cash446.6K1.7M11.7M14.9M17.2M18.1M
Cash And Short Term Investments446.6K1.7M11.7M14.9M17.2M18.1M
Liabilities And Stockholders Equity819.9K3.0M13.8M32.6M37.5M39.3M
Other Stockholder Equity(683.0)(19.0M)(205.7K)51.7M59.4M62.4M
Total Liab2.2M2.0M552.6K2.8M3.2M3.4M
Total Current Assets3.0M3.7M13.8M19.3M22.2M23.3M
Common Stock28.5K190.0227.0282.0253.8241.11
Short Long Term Debt Total546.9K1.4M99.0154.9K178.1K169.2K
Non Current Liabilities Total561.3K145K182.0K59.8K53.8K51.1K
Short Term Debt546.9K1.2M99.095.1K109.3K103.9K
Accounts Payable41.1K25.6K78.9K1.4M1.6M1.7M
Current Deferred Revenue532.6K552.1K149.6K291.8K335.5K379.8K
Net Tangible Assets1.0M2.5M13.3M13.7M15.8M16.6M
Net Receivables1.9M1.7M2.6M3.1M3.5M3.7M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Golden Matrix in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Golden Matrix's short interest history, or implied volatility extrapolated from Golden Matrix options trading.

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When determining whether Golden Matrix Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Matrix'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 Golden Matrix Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Matrix Group Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Matrix Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Golden Matrix Group information on this page should be used as a complementary analysis to other Golden Matrix's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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When running Golden Matrix's price analysis, check to measure Golden Matrix's 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 Matrix is operating at the current time. Most of Golden Matrix's value examination focuses on studying past and present price action to predict the probability of Golden Matrix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Matrix's price. Additionally, you may evaluate how the addition of Golden Matrix to your portfolios can decrease your overall portfolio volatility.
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Is Golden Matrix's 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 Matrix. 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 Matrix 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
1
Earnings Share
(0.02)
Revenue Per Share
1.251
Quarterly Revenue Growth
0.099
Return On Assets
0.0014
The market value of Golden Matrix Group 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 Matrix's value that differs from its market value or its book value, called intrinsic value, which is Golden Matrix'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 Golden Matrix's market value can be influenced by many factors that don't directly affect Golden Matrix'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 Golden Matrix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Matrix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Matrix'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.