GoldMining Long Term Debt vs Total Stockholder Equity Analysis

GLDG Stock  USD 0.72  0.03  4.00%   
GoldMining financial indicator trend analysis is much more than just examining GoldMining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GoldMining is a good investment. Please check the relationship between GoldMining Long Term Debt and its Total Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoldMining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more detail on how to invest in GoldMining Stock please use our How to Invest in GoldMining guide.

Long Term Debt vs Total Stockholder Equity

Long Term Debt vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GoldMining Long Term Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between GoldMining's Long Term Debt and Total Stockholder Equity is -0.13. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of GoldMining, assuming nothing else is changed. The correlation between historical values of GoldMining's Long Term Debt and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of GoldMining are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Long Term Debt i.e., GoldMining's Long Term Debt and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Debt

Long-term debt is a debt that GoldMining has held for over one year. Long-term debt appears on GoldMining balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on GoldMining balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from GoldMining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GoldMining 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 GoldMining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more detail on how to invest in GoldMining Stock please use our How to Invest in GoldMining guide.At this time, GoldMining's Tax Provision is most likely to increase significantly in the upcoming years.
 2022 2023 2024 2025 (projected)
Total Operating Expenses25.3M25.6M29.4M30.9M
Cost Of Revenue237K331K297.9K274.2K

GoldMining fundamental ratios Correlations

-0.260.841.00.78-0.090.560.490.550.990.550.480.830.61-0.480.840.790.580.910.740.850.680.840.780.710.27
-0.26-0.33-0.250.170.05-0.67-0.35-0.28-0.25-0.28-0.250.030.030.04-0.330.15-0.27-0.22-0.29-0.39-0.340.00.1-0.34-0.03
0.84-0.330.810.470.350.650.290.180.870.180.140.50.24-0.610.960.480.190.690.790.720.940.480.470.950.14
1.0-0.250.810.8-0.130.540.510.570.990.570.510.860.63-0.490.810.820.60.920.710.850.650.860.80.670.28
0.780.170.470.8-0.31-0.030.580.540.760.540.410.920.57-0.420.441.00.560.770.330.510.250.920.970.280.3
-0.090.050.35-0.13-0.310.23-0.48-0.850.01-0.85-0.47-0.33-0.45-0.220.31-0.31-0.84-0.250.22-0.040.48-0.38-0.40.47-0.25
0.56-0.670.650.54-0.030.230.110.150.580.150.460.150.33-0.30.650.00.180.470.590.740.650.18-0.010.660.09
0.49-0.350.290.510.58-0.480.110.620.450.620.480.560.39-0.390.20.590.630.50.050.360.050.610.530.070.04
0.55-0.280.180.570.54-0.850.150.620.461.00.520.580.54-0.070.210.541.00.60.230.410.050.620.640.060.34
0.99-0.250.870.990.760.010.580.450.460.460.440.810.57-0.510.870.770.490.90.760.850.720.810.750.750.25
0.55-0.280.180.570.54-0.850.150.621.00.460.520.580.54-0.070.210.541.00.60.230.410.050.620.650.060.34
0.48-0.250.140.510.41-0.470.460.480.520.440.520.550.83-0.310.070.430.570.64-0.030.68-0.060.630.42-0.030.21
0.830.030.50.860.92-0.330.150.560.580.810.580.550.73-0.410.470.930.620.840.360.680.250.990.910.280.19
0.610.030.240.630.57-0.450.330.390.540.570.540.830.73-0.170.250.590.590.780.240.760.00.770.560.030.23
-0.480.04-0.61-0.49-0.42-0.22-0.3-0.39-0.07-0.51-0.07-0.31-0.41-0.17-0.42-0.43-0.09-0.42-0.08-0.38-0.53-0.44-0.41-0.540.0
0.84-0.330.960.810.440.310.650.20.210.870.210.070.470.25-0.420.450.220.690.930.730.930.440.440.940.14
0.790.150.480.821.0-0.310.00.590.540.770.540.430.930.59-0.430.450.570.790.340.530.260.930.970.290.3
0.58-0.270.190.60.56-0.840.180.631.00.491.00.570.620.59-0.090.220.570.630.230.440.050.660.660.060.34
0.91-0.220.690.920.77-0.250.470.50.60.90.60.640.840.78-0.420.690.790.630.60.910.480.860.80.510.32
0.74-0.290.790.710.330.220.590.050.230.760.23-0.030.360.24-0.080.930.340.230.60.650.80.330.340.810.12
0.85-0.390.720.850.51-0.040.740.360.410.850.410.680.680.76-0.380.730.530.440.910.650.540.70.510.570.19
0.68-0.340.940.650.250.480.650.050.050.720.05-0.060.250.0-0.530.930.260.050.480.80.540.220.271.00.11
0.840.00.480.860.92-0.380.180.610.620.810.620.630.990.77-0.440.440.930.660.860.330.70.220.90.250.26
0.780.10.470.80.97-0.4-0.010.530.640.750.650.420.910.56-0.410.440.970.660.80.340.510.270.90.30.37
0.71-0.340.950.670.280.470.660.070.060.750.06-0.030.280.03-0.540.940.290.060.510.810.571.00.250.30.09
0.27-0.030.140.280.3-0.250.090.040.340.250.340.210.190.230.00.140.30.340.320.120.190.110.260.370.09
Click cells to compare fundamentals

GoldMining Account Relationship Matchups

GoldMining fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets200.2M147.3M136.9M121.0M139.1M77.6M
Other Current Liab46K198K514K300K345K583.7K
Total Current Liabilities13.6M11.0M2.3M4.2M4.9M3.6M
Total Stockholder Equity175.7M135.1M129.2M113.8M130.8M72.1M
Property Plant And Equipment Net56.3M58.6M60.0M59.8M68.8M43.2M
Net Debt987.6K751K(21.2M)(11.5M)(10.3M)(10.9M)
Retained Earnings41.2M28.0M20.2M(4.4M)(5.1M)(5.4M)
Accounts Payable992K1.7M1.8M1.6M1.8M1.2M
Cash11.7M8.3M21.6M11.9M13.7M9.8M
Non Current Assets Total187.9M138.1M113.2M107.6M123.8M67.1M
Cash And Short Term Investments11.7M8.3M21.6M11.9M13.7M9.9M
Net Receivables40.1K374K594K354K407.1K427.5K
Common Stock Shares Outstanding152.5M154.0M171.9M187.8M216.0M118.1M
Liabilities And Stockholders Equity200.2M147.3M136.9M121.0M139.1M77.6M
Other Current Assets529K499K1.5M1.1M1.2M1.3M
Other Stockholder Equity(3.9M)(494.0)(43.8M)91K81.9K77.8K
Total Liab24.5M12.2M4.5M5.8M6.7M5.1M
Property Plant And Equipment Gross57.7M60.3M61.8M61.8M71.0M43.7M
Total Current Assets12.3M9.2M23.7M13.3M15.3M10.5M
Accumulated Other Comprehensive Income3.4M(43.8M)(67.5M)(72.7M)(65.4M)(62.1M)
Net Tangible Assets65.6M64.3M175.7M135.1M155.4M163.1M
Non Current Liabilities Total10.9M1.2M2.1M1.6M1.8M1.7M
Short Term Debt12.5M8.9M66K88K101.2K96.1K
Common Stock131.1M150.9M176.6M190.8M219.4M110.3M
Property Plant Equipment59.5M57.7M56.3M58.6M67.4M39.1M
Short Long Term Debt Total12.6M9.1M395K387K445.1K422.8K
Other Liab816.7K815.8K10.8M1.1M1.3M2.4M
Long Term Investments131.1M79.0M52.6M47.3M54.4M38.8M
Net Invested Capital188.2M143.9M129.2M113.8M130.8M117.1M
Net Working Capital(1.3M)(1.8M)21.4M9.1M10.4M8.2M
Capital Stock131.1M150.9M176.6M190.8M219.4M158.1M
Capital Lease Obligations124.2K252K395K387K445.1K272.9K

Currently Active Assets on Macroaxis

When determining whether GoldMining is a strong investment it is important to analyze GoldMining'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 GoldMining's future performance. For an informed investment choice regarding GoldMining 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 GoldMining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more detail on how to invest in GoldMining Stock please use our How to Invest in GoldMining guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Diversified Metals & Mining space 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 GoldMining. If investors know GoldMining 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 GoldMining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.10)
Return On Assets
(0.13)
Return On Equity
(0.23)
The market value of GoldMining is measured differently than its book value, which is the value of GoldMining that is recorded on the company's balance sheet. Investors also form their own opinion of GoldMining's value that differs from its market value or its book value, called intrinsic value, which is GoldMining'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 GoldMining's market value can be influenced by many factors that don't directly affect GoldMining'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 GoldMining's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoldMining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoldMining'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.