GROW Cash And Short Term Investments vs Cash Analysis

GROW Stock

USD 2.57 0.03 1.15%

US Global financial indicator trend analysis is much more than just breaking down US Global Investors prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether US Global Investors is a good investment. Please check the relationship between US Global Cash And Short Term Investments and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in US Global Investors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Cash And Short Term Investments vs Cash

Cash And Short Term Investments vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of US Global Investors Cash And Short Term Investments account and Cash. At this time, the significance of the direction appears to have almost identical trend.

The correlation between US Global's Cash And Short Term Investments and Cash is 0.94. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of US Global Investors, assuming nothing else is changed. The correlation between historical values of US Global's Cash And Short Term Investments and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of US Global Investors are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Cash And Short Term Investments i.e., US Global's Cash And Short Term Investments and Cash go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

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Cash And Short Term Investments

Short Term Investments is an account in the current assets section of US Global Investors balance sheet. This account contains US Global investments that will expire within one year. These investments include stocks and bonds that can be liquidated by US Global Investors fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Cash

Cash refers to the most liquid asset of US Global Investors, which is listed under current asset account on US Global Investors balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from US Global customers. The amounts must be unrestricted with restricted cash listed in a different US Global account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from US Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into US Global Investors 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 US Global Investors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

At this time, US Global's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 71.2 K in 2024, whereas Tax Provision is likely to drop slightly above 963.8 K in 2024.

US Global fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	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	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.76	0.86	0.86	0.04	-0.05	0.84	-0.04	0.04	-0.16	0.17	0.91	-0.08	0.02	0.15	-0.78	-0.66	-0.32	-0.07	-0.02	-0.5	0.86	0.32	0.02	-0.62	-0.78
Short Long Term Debt Total	0.76		0.98	0.98	-0.57	0.31	0.98	0.52	-0.57	-0.43	-0.38	0.93	-0.05	-0.51	-0.16	-0.98	-0.86	-0.49	-0.05	-0.25	-0.49	0.98	-0.3	-0.52	-0.07	-0.98
Other Current Liab	0.86	0.98		1.0	-0.42	0.19	1.0	0.39	-0.42	-0.36	-0.24	0.98	-0.1	-0.39	-0.08	-0.98	-0.85	-0.49	-0.09	-0.2	-0.56	1.0	-0.12	-0.39	-0.25	-0.98
Total Current Liabilities	0.86	0.98	1.0		-0.42	0.19	1.0	0.4	-0.42	-0.36	-0.24	0.98	-0.1	-0.39	-0.08	-0.98	-0.85	-0.49	-0.1	-0.2	-0.56	1.0	-0.13	-0.4	-0.25	-0.98
Total Stockholder Equity	0.04	-0.57	-0.42	-0.42		-0.44	-0.41	-0.91	1.0	0.56	0.91	-0.31	0.02	0.94	0.42	0.52	0.58	0.29	0.03	0.4	0.13	-0.42	0.94	0.96	-0.7	0.52
Property Plant And Equipment Net	-0.05	0.31	0.19	0.19	-0.44		0.18	0.3	-0.43	-0.55	-0.33	0.11	0.58	-0.34	-0.02	-0.27	-0.18	-0.12	0.62	-0.1	0.37	0.18	-0.49	-0.36	0.63	-0.27
Current Deferred Revenue	0.84	0.98	1.0	1.0	-0.41	0.18		0.39	-0.41	-0.32	-0.22	0.97	-0.11	-0.36	-0.1	-0.97	-0.82	-0.49	-0.11	-0.2	-0.55	1.0	-0.11	-0.37	-0.25	-0.97
Net Debt	-0.04	0.52	0.39	0.4	-0.91	0.3	0.39		-0.92	-0.39	-0.96	0.31	-0.31	-0.9	-0.2	-0.48	-0.49	-0.11	-0.34	-0.3	-0.13	0.39	-0.83	-0.9	0.58	-0.48
Retained Earnings	0.04	-0.57	-0.42	-0.42	1.0	-0.43	-0.41	-0.92		0.57	0.92	-0.32	0.03	0.96	0.37	0.52	0.58	0.3	0.04	0.42	0.12	-0.42	0.94	0.97	-0.7	0.53
Accounts Payable	-0.16	-0.43	-0.36	-0.36	0.56	-0.55	-0.32	-0.39	0.57		0.45	-0.35	-0.4	0.63	-0.09	0.43	0.49	0.51	-0.5	0.29	-0.02	-0.35	0.53	0.62	-0.42	0.43
Cash	0.17	-0.38	-0.24	-0.24	0.91	-0.33	-0.22	-0.96	0.92	0.45		-0.18	0.23	0.94	0.17	0.35	0.46	0.04	0.25	0.31	0.06	-0.24	0.9	0.93	-0.69	0.35
Non Current Assets Total	0.91	0.93	0.98	0.98	-0.31	0.11	0.97	0.31	-0.32	-0.35	-0.18		-0.1	-0.34	0.06	-0.95	-0.85	-0.51	-0.1	-0.17	-0.59	0.98	-0.02	-0.34	-0.36	-0.95
Non Currrent Assets Other	-0.08	-0.05	-0.1	-0.1	0.02	0.58	-0.11	-0.31	0.03	-0.4	0.23	-0.1		0.05	-0.12	0.07	0.11	-0.38	0.93	-0.04	0.44	-0.11	-0.1	0.02	0.31	0.07
Cash And Short Term Investments	0.02	-0.51	-0.39	-0.39	0.94	-0.34	-0.36	-0.9	0.96	0.63	0.94	-0.34	0.05		0.18	0.49	0.6	0.37	0.06	0.44	0.17	-0.39	0.9	1.0	-0.63	0.5
Net Receivables	0.15	-0.16	-0.08	-0.08	0.42	-0.02	-0.1	-0.2	0.37	-0.09	0.17	0.06	-0.12	0.18		0.08	0.07	0.06	-0.07	-0.06	-0.05	-0.07	0.41	0.25	-0.34	0.08
Common Stock Total Equity	-0.78	-0.98	-0.98	-0.98	0.52	-0.27	-0.97	-0.48	0.52	0.43	0.35	-0.95	0.07	0.49	0.08		0.92	0.52	0.07	0.25	0.6	-0.98	0.25	0.5	0.14	1.0
Common Stock Shares Outstanding	-0.66	-0.86	-0.85	-0.85	0.58	-0.18	-0.82	-0.49	0.58	0.49	0.46	-0.85	0.11	0.6	0.07	0.92		0.47	0.11	0.3	0.71	-0.86	0.35	0.6	0.06	0.92
Short Term Investments	-0.32	-0.49	-0.49	-0.49	0.29	-0.12	-0.49	-0.11	0.3	0.51	0.04	-0.51	-0.38	0.37	0.06	0.52	0.47		-0.39	0.42	0.38	-0.5	0.17	0.36	0.04	0.51
Non Current Liabilities Total	-0.07	-0.05	-0.09	-0.1	0.03	0.62	-0.11	-0.34	0.04	-0.5	0.25	-0.1	0.93	0.06	-0.07	0.07	0.11	-0.39		-0.03	0.44	-0.1	-0.09	0.04	0.31	0.07
Other Current Assets	-0.02	-0.25	-0.2	-0.2	0.4	-0.1	-0.2	-0.3	0.42	0.29	0.31	-0.17	-0.04	0.44	-0.06	0.25	0.3	0.42	-0.03		0.11	-0.2	0.36	0.41	-0.21	0.25
Other Stockholder Equity	-0.5	-0.49	-0.56	-0.56	0.13	0.37	-0.55	-0.13	0.12	-0.02	0.06	-0.59	0.44	0.17	-0.05	0.6	0.71	0.38	0.44	0.11		-0.57	-0.1	0.15	0.48	0.6
Total Liab	0.86	0.98	1.0	1.0	-0.42	0.18	1.0	0.39	-0.42	-0.35	-0.24	0.98	-0.11	-0.39	-0.07	-0.98	-0.86	-0.5	-0.1	-0.2	-0.57		-0.12	-0.39	-0.26	-0.98
Property Plant And Equipment Gross	0.32	-0.3	-0.12	-0.13	0.94	-0.49	-0.11	-0.83	0.94	0.53	0.9	-0.02	-0.1	0.9	0.41	0.25	0.35	0.17	-0.09	0.36	-0.1	-0.12		0.92	-0.88	0.25
Total Current Assets	0.02	-0.52	-0.39	-0.4	0.96	-0.36	-0.37	-0.9	0.97	0.62	0.93	-0.34	0.02	1.0	0.25	0.5	0.6	0.36	0.04	0.41	0.15	-0.39	0.92		-0.65	0.5
Short Term Debt	-0.62	-0.07	-0.25	-0.25	-0.7	0.63	-0.25	0.58	-0.7	-0.42	-0.69	-0.36	0.31	-0.63	-0.34	0.14	0.06	0.04	0.31	-0.21	0.48	-0.26	-0.88	-0.65		0.13
Common Stock	-0.78	-0.98	-0.98	-0.98	0.52	-0.27	-0.97	-0.48	0.53	0.43	0.35	-0.95	0.07	0.5	0.08	1.0	0.92	0.51	0.07	0.25	0.6	-0.98	0.25	0.5	0.13

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US Global Account Relationship Matchups

US Global fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	18.8M	62.3M	60.7M	55.7M	64.0M	35.7M
Other Current Liab	1.4M	4.8M	3.6M	2.8M	2.5M	2.4M
Total Current Liabilities	2.0M	5.2M	4.1M	2.9M	2.6M	2.5M
Total Stockholder Equity	16.8M	54.3M	56.5M	52.2M	60.0M	63.0M
Property Plant And Equipment Net	1.6M	1.4M	1.5M	1.2M	1.1M	1.9M
Net Debt	(1.4M)	(14.4M)	(22.2M)	(25.3M)	(22.8M)	(21.7M)
Retained Earnings	2.6M	33.8M	38.0M	37.7M	43.4M	45.6M
Accounts Payable	142K	327K	533K	629K	723.4K	759.5K
Cash	1.9M	14.4M	22.3M	25.4M	29.2M	30.7M
Non Current Assets Total	8.3M	35.5M	22.7M	15.3M	13.8M	10.2M
Non Currrent Assets Other	92K	99K	216K	217K	249.6K	237.1K
Cash And Short Term Investments	8.3M	20.8M	34.5M	37.0M	42.6M	44.7M
Net Receivables	974K	4.7M	2.2M	1.8M	1.6M	2.4M
Common Stock Shares Outstanding	15.1M	15.1M	15.0M	14.6M	16.8M	16.3M
Liabilities And Stockholders Equity	18.8M	62.3M	60.7M	55.7M	64.0M	35.7M
Non Current Liabilities Total	43K	2.8M	66K	538K	618.7K	587.8K
Other Current Assets	7.6M	9.8M	1.4M	13.7M	12.4M	11.7M
Other Stockholder Equity	13.7M	13.5M	13.8M	12.7M	14.6M	13.5M
Total Liab	2.1M	8.0M	4.2M	3.5M	3.1M	3.0M
Property Plant And Equipment Gross	1.6M	5.5M	5.7M	5.7M	6.5M	6.8M
Total Current Assets	10.5M	26.8M	38.0M	40.4M	46.4M	48.8M
Accumulated Other Comprehensive Income	(4K)	6.6M	4.3M	1.3M	1.6M	1.6M
Other Assets	72K	92K	99K	468K	421.2K	555.2K
Inventory	(6.3M)	(8.5M)	1.0	(12.2M)	(14.1M)	(14.8M)
Property Plant Equipment	1.7M	1.6M	1.4M	1.5M	1.3M	1.9M
Net Tangible Assets	21.7M	16.8M	54.3M	56.5M	65.0M	36.2M
Deferred Long Term Liab	133K	7K	4K	9K	10.4K	9.8K
Long Term Investments	6.6M	34.0M	20.7M	12.0M	13.8M	12.6M

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GROW Cash And Short Term Investments vs Cash Analysis

Cash And Short Term Investments vs Cash

Cash And Short Term Investments vs Cash Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Cash

US Global fundamental ratios Correlations

US Global Account Relationship Matchups

High Positive Relationship

High Negative Relationship

US Global fundamental ratios Accounts

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Additional Tools for GROW Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Other Current Liab
Current Deferred Revenue	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Other Current Liab
Current Deferred Revenue	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity

Common Stock	- 0.98	Total Liab
Total Liab	- 0.98	Common Stock Total Equity
Common Stock	- 0.98	Total Current Liabilities
Common Stock Total Equity	- 0.98	Total Current Liabilities
Common Stock	- 0.98	Other Current Liab
Common Stock Total Equity	- 0.98	Other Current Liab