Golden Non Currrent Assets Other vs Net Tangible Assets Analysis
GSUN Stock | USD 6.01 0.22 3.80% |
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 Non Currrent Assets Other and its Net Tangible Assets 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.
Non Currrent Assets Other vs Net Tangible Assets
Non Currrent Assets Other vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Golden Sun Education Non Currrent Assets Other account and Net Tangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Golden Sun's Non Currrent Assets Other and Net Tangible Assets is -0.82. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Net Tangible Assets 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 Non Currrent Assets Other and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Golden Sun Education are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Non Currrent Assets Other i.e., Golden Sun's Non Currrent Assets Other and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.82 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.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 26th 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 Amortization | 428.6K | 353.1K | Discontinued Operations | 983.3K | 1.0M |
Golden Sun fundamental ratios Correlations
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Golden Sun Account Relationship Matchups
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Golden Sun fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 17.4M | 6.6M | 23.4M | 19.4M | 22.4M | 17.8M | |
Short Long Term Debt Total | 7.3M | 2.4M | 3.4M | 4.8M | 4.3M | 3.9M | |
Other Current Liab | 4.6M | 4.7M | 6.2M | 5.3M | 6.0M | 5.4M | |
Total Current Liabilities | 19.0M | 12.6M | 12.6M | 10.8M | 9.7M | 11.2M | |
Total Stockholder Equity | (7.1M) | (7.6M) | 8.8M | 4.4M | 5.1M | 5.3M | |
Property Plant And Equipment Net | 5.4M | 374.6K | 344.0K | 1.7M | 1.5M | 1.7M | |
Current Deferred Revenue | 10.0M | 6.3M | 4.4M | 4.0M | 3.6M | 5.4M | |
Net Debt | 4.1M | 1.2M | (17.0M) | (1.8M) | (1.6M) | (1.7M) | |
Retained Earnings | (8.5M) | (6.8M) | (9.0M) | (14.8M) | (13.4M) | (14.0M) | |
Accounts Payable | 1.8M | 210.8K | 665.4K | 974.3K | 876.9K | 715.4K | |
Cash | 3.2M | 1.2M | 20.3M | 6.6M | 7.5M | 7.6M | |
Non Current Assets Total | 12.3M | 1.1M | 1.3M | 7.4M | 6.7M | 5.1M | |
Non Currrent Assets Other | 11.5M | 732.7K | 978.9K | 473.4K | 426.0K | 404.7K | |
Long Term Debt | 5.8M | 1.7M | 2.1M | 3.3M | 3.0M | 3.0M | |
Cash And Short Term Investments | 3.2M | 1.2M | 20.3M | 6.6M | 7.5M | 7.6M | |
Net Receivables | 161.5K | 672.5K | 745.9K | 477.9K | 549.6K | 546.3K | |
Liabilities And Stockholders Equity | 17.4M | 6.6M | 23.4M | 19.4M | 22.4M | 17.8M | |
Non Current Liabilities Total | 5.8M | 1.7M | 2.1M | 4.3M | 3.8M | 3.2M | |
Other Current Assets | 3.8M | 3.7M | 1.0M | 4.9M | 5.6M | 3.2M | |
Total Liab | 24.8M | 14.3M | 14.7M | 15.1M | 13.6M | 14.4M | |
Net Invested Capital | 1.3M | (4.5M) | 12.2M | 7.8M | 9.0M | 9.4M | |
Short Long Term Debt | 2.6M | 1.4M | 1.2M | 48.8K | 43.9K | 41.7K | |
Total Current Assets | 5.1M | 5.5M | 22.1M | 12.1M | 13.9M | 10.8M | |
Accumulated Other Comprehensive Income | (248.9K) | (819.3K) | 146.4K | (214.0K) | (246.1K) | (258.4K) | |
Net Working Capital | (13.9M) | (7.0M) | 9.5M | 1.2M | 1.4M | 1.5M | |
Short Term Debt | 2.6M | 1.4M | 1.2M | 600.2K | 540.1K | 513.1K |
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Try AI Portfolio ArchitectCheck 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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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.