Dakota Net Invested Capital vs Short Long Term Debt Total Analysis
DC Stock | USD 2.16 0.03 1.37% |
Dakota Gold financial indicator trend analysis is much more than just examining Dakota Gold Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dakota Gold Corp is a good investment. Please check the relationship between Dakota Gold Net Invested Capital and its Short Long Term Debt Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dakota Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Net Invested Capital vs Short Long Term Debt Total
Net Invested Capital vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dakota Gold Corp Net Invested Capital account and Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Dakota Gold's Net Invested Capital and Short Long Term Debt Total is 0.49. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Dakota Gold Corp, assuming nothing else is changed. The correlation between historical values of Dakota Gold's Net Invested Capital and Short Long Term Debt 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 Net Invested Capital of Dakota Gold Corp are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Net Invested Capital i.e., Dakota Gold's Net Invested Capital and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Short Long Term Debt Total
Most indicators from Dakota Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dakota Gold Corp 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dakota Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. The current year's Enterprise Value is expected to grow to about 350.9 M, whereas Selling General Administrative is forecasted to decline to about 5.1 M.
2021 | 2023 | 2024 (projected) | Other Operating Expenses | 31.3M | 38.0M | 39.9M | Interest Expense | 24.6K | 28.3K | 26.9K |
Dakota Gold fundamental ratios Correlations
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Dakota Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dakota Gold fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 849.6K | 70.6M | 120.1M | 105.0K | 109.1M | 114.6M | |
Total Current Liabilities | 88.0K | 1.8M | 2.5M | 2.5K | 4.5M | 4.7M | |
Total Stockholder Equity | 761.6K | 37.8M | 113.8M | 101.2K | 103.5M | 108.7M | |
Retained Earnings | (331.5K) | 25.7M | 13.1M | (6.2K) | (42.7M) | (40.5M) | |
Cash | 141.8K | 11.4M | 41.4M | 23.9K | 25.5M | 26.8M | |
Cash And Short Term Investments | 141.8K | 11.4M | 41.4M | 23.9K | 25.5M | 26.8M | |
Liabilities And Stockholders Equity | 849.6K | 70.6M | 120.1M | 105.0K | 109.1M | 114.6M | |
Capital Surpluse | 2.8M | 12.1M | 100.7M | 107.3M | 123.4M | 129.6M | |
Total Liab | 88.0K | 11.6M | 6.3M | 3.8K | 5.6M | 4.2M | |
Total Current Assets | 849.6K | 11.8M | 41.9M | 24.6K | 26.0M | 27.3M | |
Short Term Debt | 360.8K | 330.1K | 906.8K | 0.0 | 135.1K | 128.3K | |
Common Stock | 14.8K | 35.1K | 70.9K | 73.34 | 86.7K | 91.1K |
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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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dakota Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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 Dakota Gold. If investors know Dakota 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 Dakota Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.41) | Return On Assets (0.23) | Return On Equity (0.37) |
The market value of Dakota Gold Corp is measured differently than its book value, which is the value of Dakota that is recorded on the company's balance sheet. Investors also form their own opinion of Dakota Gold's value that differs from its market value or its book value, called intrinsic value, which is Dakota Gold'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 Dakota Gold's market value can be influenced by many factors that don't directly affect Dakota Gold'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 Dakota Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dakota Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dakota Gold'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.