GROW Interest Income vs Net Income Analysis
| GROW Stock | USD 2.68 0.01 0.37% |
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 Interest Income and its Net Income 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 tightly coupled with the direction of predictive economic indicators such as signals in persons.
Interest Income vs Net Income
Interest Income vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of US Global Investors Interest Income account and Net Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between US Global's Interest Income and Net Income is 0.3. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Net Income 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 Interest Income and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of US Global Investors are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Interest Income i.e., US Global's Interest Income and Net Income go up and down completely randomly.
Correlation Coefficient | 0.3 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in US Global Investors financial statement analysis. It represents the amount of money remaining after all of US Global Investors operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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 tightly coupled 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
Click cells to compare fundamentals
US Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether US Global Investors is a strong investment it is important to analyze US Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact US Global's future performance. For an informed investment choice regarding GROW Stock, refer to the following important reports: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 tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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Is US Global'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 US Global. If investors know GROW 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 US Global 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 0.512 | Dividend Share 0.09 | Earnings Share 0.12 | Revenue Per Share 0.897 | Quarterly Revenue Growth (0.24) |
The market value of US Global Investors is measured differently than its book value, which is the value of GROW that is recorded on the company's balance sheet. Investors also form their own opinion of US Global's value that differs from its market value or its book value, called intrinsic value, which is US Global'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 US Global's market value can be influenced by many factors that don't directly affect US Global'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 US Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Global'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.