GROW Total Other Income Expense Net vs Gross Profit 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 Total Other Income Expense Net and its Gross Profit 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.
Total Other Income Expense Net vs Gross Profit
Total Other Income Expense Net vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of US Global Investors Total Other Income Expense Net account and Gross Profit. At this time, the significance of the direction appears to have pay attention.
The correlation between US Global's Total Other Income Expense Net and Gross Profit is -1.0. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Gross Profit 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 Total Other Income Expense Net and Gross Profit 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 Other Income Expense Net of US Global Investors are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Total Other Income Expense Net i.e., US Global's Total Other Income Expense Net and Gross Profit go up and down completely randomly.
Correlation Coefficient | -1.0 |
| Relationship Direction | Negative |
| Relationship Strength | Strong |
Total Other Income Expense Net
Gross Profit
Gross profit is a required income statement account that reflects total revenue of US Global Investors minus its cost of goods sold. It is profit before US Global operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.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 |
Also Currently Popular
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.| C | Citigroup | |
| CRM | Salesforce | |
| MSFT | Microsoft |
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 Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for GROW Stock analysis
When running US Global's price analysis, check to measure US Global'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 US Global is operating at the current time. Most of US Global's value examination focuses on studying past and present price action to predict the probability of US Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move US Global's price. Additionally, you may evaluate how the addition of US Global to your portfolios can decrease your overall portfolio volatility.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |
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.