Golden Goliath Resources Stock Working Capital
GGTHF Stock | USD 0.06 0.00 0.00% |
Fundamental analysis of Golden Goliath allows traders to better anticipate movements in Golden Goliath's stock price by examining its financial health and performance throughout various phases of its business cycle.
Golden |
Golden Goliath Resources Company Working Capital Analysis
Golden Goliath's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Golden Goliath Working Capital | 681.45 K |
Most of Golden Goliath's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Golden Goliath Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition |
According to the company's disclosures, Golden Goliath Resources has a Working Capital of 681.45 K. This is 99.9% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The working capital for all United States stocks is 99.95% higher than that of the company.
Golden Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Golden Goliath's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Golden Goliath could also be used in its relative valuation, which is a method of valuing Golden Goliath by comparing valuation metrics of similar companies.Golden Goliath is currently under evaluation in working capital category among its peers.
Golden Fundamentals
Return On Equity | -0.14 | |||
Return On Asset | -0.0659 | |||
Current Valuation | 1.3 M | |||
Shares Outstanding | 151.09 M | |||
Shares Owned By Insiders | 3.61 % | |||
Price To Earning | (4.43) X | |||
Price To Book | 1.88 X | |||
EBITDA | (543.29 K) | |||
Net Income | (596.59 K) | |||
Cash And Equivalents | 1.13 M | |||
Cash Per Share | 0.01 X | |||
Debt To Equity | 0.04 % | |||
Current Ratio | 6.19 X | |||
Book Value Per Share | 0.03 X | |||
Cash Flow From Operations | (268.95 K) | |||
Earnings Per Share | (0) X | |||
Beta | 1.19 | |||
Market Capitalization | 2.87 M | |||
Total Asset | 4.38 M | |||
Retained Earnings | (8.45 M) | |||
Working Capital | 681.45 K | |||
Current Asset | 1.05 M | |||
Current Liabilities | 369.02 K | |||
Z Score | -1.4 | |||
Net Asset | 4.38 M |
About Golden Goliath Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Golden Goliath Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Golden Goliath using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Golden Goliath Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Golden Goliath financial ratios help investors to determine whether Golden Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Golden with respect to the benefits of owning Golden Goliath security.