Golden Accounts Payable vs Non Current Assets Total Analysis

GSUN Stock  USD 5.03  0.45  9.83%   
Golden Sun financial indicator trend analysis is much more than just examining Golden Sun Education latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Golden Sun Education is a good investment. Please check the relationship between Golden Sun Accounts Payable and its Non Current Assets Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Sun Education. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

Accounts Payable vs Non Current Assets Total

Accounts Payable vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Golden Sun Education Accounts Payable account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Golden Sun's Accounts Payable and Non Current Assets Total is 0.66. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Golden Sun Education, assuming nothing else is changed. The correlation between historical values of Golden Sun's Accounts Payable and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Golden Sun Education are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Accounts Payable i.e., Golden Sun's Accounts Payable and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Golden Sun obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Golden Sun Education are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Golden Sun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Golden Sun Education 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 Sun Education. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
At this time, Golden Sun's Discontinued Operations is very stable compared to the past year. As of the 18th of May 2024, Sales General And Administrative To Revenue is likely to grow to 1.05, while Tax Provision is likely to drop about 117 K.
 2023 2024 (projected)
Depreciation And Amortization428.6K353.1K
Discontinued Operations983.3K1.0M

Golden Sun fundamental ratios Correlations

-0.180.73-0.40.830.480.73-0.12-0.58-0.67-0.650.370.78-0.15-0.340.2-0.30.780.150.66-0.210.340.78-0.350.93-0.5
-0.18-0.780.8-0.67-0.73-0.740.870.840.680.390.59-0.520.970.920.150.99-0.52-0.86-0.480.99-0.54-0.620.94-0.430.7
0.73-0.78-0.740.930.870.96-0.58-0.9-0.83-0.66-0.070.79-0.72-0.790.16-0.860.790.590.74-0.80.670.89-0.820.83-0.75
-0.40.8-0.74-0.78-0.55-0.790.830.950.540.730.53-0.460.710.960.440.81-0.46-0.75-0.810.72-0.58-0.820.96-0.630.96
0.83-0.670.93-0.780.670.95-0.59-0.9-0.84-0.78-0.10.84-0.62-0.79-0.05-0.730.840.590.75-0.660.50.97-0.790.96-0.83
0.48-0.730.87-0.550.670.82-0.4-0.75-0.58-0.520.080.49-0.63-0.630.45-0.820.490.370.65-0.760.850.65-0.680.51-0.57
0.73-0.740.96-0.790.950.82-0.54-0.92-0.73-0.83-0.040.7-0.64-0.820.12-0.810.70.510.81-0.730.710.96-0.830.87-0.86
-0.120.87-0.580.83-0.59-0.4-0.540.780.660.270.83-0.520.910.90.590.82-0.52-0.98-0.390.82-0.2-0.510.89-0.390.66
-0.580.84-0.90.95-0.9-0.75-0.920.780.720.750.35-0.650.760.950.20.88-0.65-0.73-0.830.79-0.66-0.890.95-0.750.92
-0.670.68-0.830.54-0.84-0.58-0.730.660.720.320.24-0.970.750.650.050.72-0.97-0.73-0.370.73-0.17-0.670.66-0.780.47
-0.650.39-0.660.73-0.78-0.52-0.830.270.750.32-0.11-0.350.220.640.00.47-0.35-0.18-0.870.33-0.7-0.90.62-0.760.89
0.370.59-0.070.53-0.10.08-0.040.830.350.24-0.11-0.10.660.590.80.47-0.1-0.820.030.520.17-0.050.570.080.32
0.78-0.520.79-0.460.840.490.7-0.52-0.65-0.97-0.35-0.1-0.6-0.53-0.02-0.581.00.610.36-0.580.090.68-0.540.85-0.42
-0.150.97-0.720.71-0.62-0.63-0.640.910.760.750.220.66-0.60.860.230.94-0.6-0.92-0.310.98-0.33-0.520.88-0.40.57
-0.340.92-0.790.96-0.79-0.63-0.820.90.950.650.640.59-0.530.860.360.92-0.53-0.84-0.690.86-0.55-0.791.0-0.60.9
0.20.150.160.44-0.050.450.120.590.20.050.00.8-0.020.230.360.05-0.02-0.55-0.040.050.39-0.040.310.00.28
-0.30.99-0.860.81-0.73-0.82-0.810.820.880.720.470.47-0.580.940.920.05-0.58-0.81-0.560.98-0.62-0.690.94-0.520.73
0.78-0.520.79-0.460.840.490.7-0.52-0.65-0.97-0.35-0.11.0-0.6-0.53-0.02-0.580.610.36-0.580.090.68-0.540.85-0.42
0.15-0.860.59-0.750.590.370.51-0.98-0.73-0.73-0.18-0.820.61-0.92-0.84-0.55-0.810.610.3-0.830.10.48-0.840.41-0.57
0.66-0.480.74-0.810.750.650.81-0.39-0.83-0.37-0.870.030.36-0.31-0.69-0.04-0.560.360.3-0.40.80.85-0.70.69-0.87
-0.210.99-0.80.72-0.66-0.76-0.730.820.790.730.330.52-0.580.980.860.050.98-0.58-0.83-0.4-0.5-0.590.89-0.440.62
0.34-0.540.67-0.580.50.850.71-0.2-0.66-0.17-0.70.170.09-0.33-0.550.39-0.620.090.10.8-0.50.62-0.590.36-0.67
0.78-0.620.89-0.820.970.650.96-0.51-0.89-0.67-0.9-0.050.68-0.52-0.79-0.04-0.690.680.480.85-0.590.62-0.790.92-0.91
-0.350.94-0.820.96-0.79-0.68-0.830.890.950.660.620.57-0.540.881.00.310.94-0.54-0.84-0.70.89-0.59-0.79-0.60.89
0.93-0.430.83-0.630.960.510.87-0.39-0.75-0.78-0.760.080.85-0.4-0.60.0-0.520.850.410.69-0.440.360.92-0.6-0.71
-0.50.7-0.750.96-0.83-0.57-0.860.660.920.470.890.32-0.420.570.90.280.73-0.42-0.57-0.870.62-0.67-0.910.89-0.71
Click cells to compare fundamentals

Golden Sun Account Relationship Matchups

Golden Sun fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.4M6.6M23.4M19.4M22.4M17.8M
Short Long Term Debt Total7.3M2.4M3.4M4.8M4.3M3.9M
Other Current Liab4.6M4.7M6.2M5.3M6.0M5.4M
Total Current Liabilities19.0M12.6M12.6M10.8M9.7M11.2M
Total Stockholder Equity(7.1M)(7.6M)8.8M4.4M5.1M5.3M
Property Plant And Equipment Net5.4M374.6K344.0K1.7M1.5M1.7M
Current Deferred Revenue10.0M6.3M4.4M4.0M3.6M5.4M
Net Debt4.1M1.2M(17.0M)(1.8M)(1.6M)(1.7M)
Retained Earnings(8.5M)(6.8M)(9.0M)(14.8M)(13.4M)(14.0M)
Accounts Payable1.8M210.8K665.4K974.3K876.9K715.4K
Cash3.2M1.2M20.3M6.6M7.5M7.6M
Non Current Assets Total12.3M1.1M1.3M7.4M6.7M5.1M
Non Currrent Assets Other11.5M732.7K978.9K473.4K426.0K404.7K
Long Term Debt5.8M1.7M2.1M3.3M3.0M3.0M
Cash And Short Term Investments3.2M1.2M20.3M6.6M7.5M7.6M
Net Receivables161.5K672.5K745.9K477.9K549.6K546.3K
Liabilities And Stockholders Equity17.4M6.6M23.4M19.4M22.4M17.8M
Non Current Liabilities Total5.8M1.7M2.1M4.3M3.8M3.2M
Other Current Assets3.8M3.7M1.0M4.9M5.6M3.2M
Total Liab24.8M14.3M14.7M15.1M13.6M14.4M
Net Invested Capital1.3M(4.5M)12.2M7.8M9.0M9.4M
Short Long Term Debt2.6M1.4M1.2M48.8K43.9K41.7K
Total Current Assets5.1M5.5M22.1M12.1M13.9M10.8M
Accumulated Other Comprehensive Income(248.9K)(819.3K)146.4K(214.0K)(246.1K)(258.4K)
Net Working Capital(13.9M)(7.0M)9.5M1.2M1.4M1.5M
Short Term Debt2.6M1.4M1.2M600.2K540.1K513.1K

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When determining whether Golden Sun Education offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Sun'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 Sun Education Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Sun Education Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Sun Education. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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Is Golden Sun'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 Sun. 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 Sun 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
(0.74)
Earnings Share
(3.10)
Revenue Per Share
3.274
Quarterly Revenue Growth
(0.27)
Return On Assets
(0.18)
The market value of Golden Sun Education 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 Sun's value that differs from its market value or its book value, called intrinsic value, which is Golden Sun'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 Sun's market value can be influenced by many factors that don't directly affect Golden Sun'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 Sun's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Sun is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Sun'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.