Golden Net Invested Capital vs Short Long Term Debt Analysis

GMGI Stock

USD 1.86 0.07 3.91%

Golden Matrix financial indicator trend analysis is much more than just examining Golden Matrix Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Golden Matrix Group is a good investment. Please check the relationship between Golden Matrix Net Invested Capital and its Short Long Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Matrix Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Net Invested Capital vs Short Long Term Debt

Net Invested Capital vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Golden Matrix Group Net Invested Capital account and Short Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Golden Matrix's Net Invested Capital and Short Long Term Debt is 0.97. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Golden Matrix Group, assuming nothing else is changed. The correlation between historical values of Golden Matrix's Net Invested Capital and Short Long Term Debt 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 Golden Matrix Group are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Net Invested Capital i.e., Golden Matrix's Net Invested Capital and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

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

The total of a company's short-term and long-term borrowings.

Most indicators from Golden Matrix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Golden Matrix Group 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 Matrix Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

As of now, Golden Matrix's Enterprise Value Multiple is increasing as compared to previous years. The Golden Matrix's current Enterprise Value is estimated to increase to about 68.9 M, while Sales General And Administrative To Revenue is projected to decrease to 0.26.

	2023	2024	2025 (projected)
Tax Provision	2.6M	3.0M	3.2M
Interest Income	218.1K	250.9K	263.4K

Tax Provision Interest Income

Golden Matrix fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Non Current Liabilities Total	Short Term Debt	Accounts Payable	Other Current Assets	Property Plant And Equipment Net	Non Current Assets Total	Current Deferred Revenue	Net Tangible Assets	Net Receivables	Inventory	Short Long Term Debt	Property Plant Equipment
Total Assets		0.44	0.99	0.99	0.2	0.99	0.92	0.75	0.98	0.8	0.99	0.97	0.75	-0.38	0.99	-0.37	1.0	-0.06	0.99	1.0	0.33	0.77	0.98	0.95	0.99	0.54
Other Current Liab	0.44		0.49	0.38	0.59	0.47	0.2	-0.02	0.4	0.03	0.49	0.28	0.14	0.0	0.5	0.05	0.46	-0.35	0.49	0.48	0.39	-0.06	0.36	0.49	0.5	-0.02
Total Current Liabilities	0.99	0.49		0.98	0.29	0.99	0.88	0.68	0.97	0.74	1.0	0.94	0.69	-0.34	1.0	-0.33	0.99	-0.1	1.0	1.0	0.34	0.7	0.96	0.95	1.0	0.48
Total Stockholder Equity	0.99	0.38	0.98		0.09	0.97	0.96	0.82	0.99	0.86	0.97	0.98	0.8	-0.44	0.97	-0.43	0.99	-0.02	0.97	0.98	0.32	0.82	0.99	0.95	0.96	0.6
Net Debt	0.2	0.59	0.29	0.09		0.31	-0.18	-0.5	0.12	-0.35	0.31	-0.01	-0.35	0.38	0.31	0.42	0.21	-0.48	0.31	0.28	0.21	-0.4	0.04	0.19	0.35	-0.46
Retained Earnings	0.99	0.47	0.99	0.97	0.31		0.87	0.66	0.96	0.72	0.99	0.93	0.69	-0.34	0.99	-0.32	0.98	-0.09	0.99	0.99	0.33	0.68	0.94	0.93	0.99	0.46
Cash	0.92	0.2	0.88	0.96	-0.18	0.87		0.94	0.94	0.93	0.88	0.97	0.88	-0.5	0.87	-0.51	0.92	0.15	0.87	0.89	0.25	0.92	0.96	0.87	0.85	0.72
Cash And Short Term Investments	0.75	-0.02	0.68	0.82	-0.5	0.66	0.94		0.79	0.94	0.67	0.86	0.89	-0.55	0.67	-0.56	0.74	0.3	0.67	0.69	0.16	0.94	0.83	0.7	0.64	0.79
Common Stock Shares Outstanding	0.98	0.4	0.97	0.99	0.12	0.96	0.94	0.79		0.81	0.97	0.96	0.75	-0.44	0.97	-0.43	0.98	0.06	0.97	0.97	0.32	0.78	0.97	0.91	0.96	0.62
Other Stockholder Equity	0.8	0.03	0.74	0.86	-0.35	0.72	0.93	0.94	0.81		0.73	0.92	0.96	-0.49	0.73	-0.49	0.81	0.04	0.73	0.76	0.25	0.99	0.9	0.82	0.7	0.65
Total Liab	0.99	0.49	1.0	0.97	0.31	0.99	0.88	0.67	0.97	0.73		0.94	0.68	-0.32	1.0	-0.31	0.99	-0.1	1.0	1.0	0.35	0.7	0.95	0.94	1.0	0.47
Total Current Assets	0.97	0.28	0.94	0.98	-0.01	0.93	0.97	0.86	0.96	0.92	0.94		0.87	-0.44	0.93	-0.43	0.97	-0.02	0.93	0.95	0.31	0.9	1.0	0.94	0.92	0.6
Common Stock	0.75	0.14	0.69	0.8	-0.35	0.69	0.88	0.89	0.75	0.96	0.68	0.87		-0.47	0.68	-0.48	0.76	0.0	0.67	0.7	0.31	0.94	0.85	0.8	0.65	0.61
Short Long Term Debt Total	-0.38	0.0	-0.34	-0.44	0.38	-0.34	-0.5	-0.55	-0.44	-0.49	-0.32	-0.44	-0.47		-0.31	1.0	-0.38	-0.08	-0.33	-0.35	0.29	-0.48	-0.42	-0.37	-0.31	-0.41
Non Current Liabilities Total	0.99	0.5	1.0	0.97	0.31	0.99	0.87	0.67	0.97	0.73	1.0	0.93	0.68	-0.31		-0.3	0.99	-0.11	1.0	1.0	0.35	0.69	0.95	0.94	1.0	0.47
Short Term Debt	-0.37	0.05	-0.33	-0.43	0.42	-0.32	-0.51	-0.56	-0.43	-0.49	-0.31	-0.43	-0.48	1.0	-0.3		-0.36	-0.13	-0.32	-0.34	0.29	-0.5	-0.42	-0.34	-0.29	-0.44
Accounts Payable	1.0	0.46	0.99	0.99	0.21	0.98	0.92	0.74	0.98	0.81	0.99	0.97	0.76	-0.38	0.99	-0.36		-0.09	0.99	1.0	0.34	0.77	0.98	0.96	0.99	0.52
Other Current Assets	-0.06	-0.35	-0.1	-0.02	-0.48	-0.09	0.15	0.3	0.06	0.04	-0.1	-0.02	0.0	-0.08	-0.11	-0.13	-0.09		-0.09	-0.1	-0.08	0.09	-0.04	-0.3	-0.1	0.65
Property Plant And Equipment Net	0.99	0.49	1.0	0.97	0.31	0.99	0.87	0.67	0.97	0.73	1.0	0.93	0.67	-0.33	1.0	-0.32	0.99	-0.09		1.0	0.33	0.69	0.95	0.94	1.0	0.47
Non Current Assets Total	1.0	0.48	1.0	0.98	0.28	0.99	0.89	0.69	0.97	0.76	1.0	0.95	0.7	-0.35	1.0	-0.34	1.0	-0.1	1.0		0.34	0.72	0.96	0.95	1.0	0.49
Current Deferred Revenue	0.33	0.39	0.34	0.32	0.21	0.33	0.25	0.16	0.32	0.25	0.35	0.31	0.31	0.29	0.35	0.29	0.34	-0.08	0.33	0.34		0.21	0.33	0.39	0.35	0.08
Net Tangible Assets	0.77	-0.06	0.7	0.82	-0.4	0.68	0.92	0.94	0.78	0.99	0.7	0.9	0.94	-0.48	0.69	-0.5	0.77	0.09	0.69	0.72	0.21		0.87	0.77	0.66	0.66
Net Receivables	0.98	0.36	0.96	0.99	0.04	0.94	0.96	0.83	0.97	0.9	0.95	1.0	0.85	-0.42	0.95	-0.42	0.98	-0.04	0.95	0.96	0.33	0.87		0.96	0.94	0.58
Inventory	0.95	0.49	0.95	0.95	0.19	0.93	0.87	0.7	0.91	0.82	0.94	0.94	0.8	-0.37	0.94	-0.34	0.96	-0.3	0.94	0.95	0.39	0.77	0.96		0.93	0.42
Short Long Term Debt	0.99	0.5	1.0	0.96	0.35	0.99	0.85	0.64	0.96	0.7	1.0	0.92	0.65	-0.31	1.0	-0.29	0.99	-0.1	1.0	1.0	0.35	0.66	0.94	0.93		0.44
Property Plant Equipment	0.54	-0.02	0.48	0.6	-0.46	0.46	0.72	0.79	0.62	0.65	0.47	0.6	0.61	-0.41	0.47	-0.44	0.52	0.65	0.47	0.49	0.08	0.66	0.58	0.42	0.44

Click cells to compare fundamentals

Golden Matrix Account Relationship Matchups

Golden Matrix fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	20.5M	32.6M	35.6M	213.7M	245.8M	258.1M
Other Current Liab	(969.6K)	(766.0K)	639.5K	628.7K	723.0K	759.1K
Total Current Liabilities	1.3M	2.7M	4.5M	63.6M	73.1M	76.7M
Total Stockholder Equity	18.9M	26.8M	31.1M	105.1M	120.8M	126.9M
Net Debt	(16.5M)	(14.8M)	(17.0M)	1.6M	1.5M	1.5M
Retained Earnings	(24.4M)	(24.7M)	(25.8M)	57.0M	51.3M	53.9M
Cash	16.8M	14.9M	17.1M	30.1M	34.6M	36.4M
Cash And Short Term Investments	11.7M	16.8M	14.9M	17.1M	19.7M	20.6M
Common Stock Shares Outstanding	32.3M	28.0M	35.4M	129.2M	148.6M	156.1M
Liabilities And Stockholders Equity	13.8M	20.5M	32.6M	35.6M	40.9M	43.0M
Total Liab	1.5M	2.8M	4.5M	104.8M	120.5M	126.5M
Total Current Assets	20.0M	19.3M	22.9M	45.1M	51.8M	54.4M
Short Long Term Debt Total	99.0	282.2K	154.9K	59.1K	53.2K	50.5K
Short Term Debt	99.0	100.2K	95.1K	59.1K	53.2K	50.5K
Accounts Payable	1.1M	1.4M	2.8M	12.9M	14.8M	15.6M
Accumulated Other Comprehensive Income	(978.0)	(1.7K)	(205.7K)	(73.2K)	(65.8K)	(62.6K)
Current Deferred Revenue	149.6K	68.6K	291.8K	456.7K	525.2K	359.6K
Net Receivables	3.1M	3.1M	3.9M	6.1M	7.0M	7.3M
Short Long Term Debt	1.2M	99.0	52.3K	17.4M	20.0M	21.0M
Net Invested Capital	13.3M	18.9M	31.1M	136.8M	157.3M	165.2M
Net Working Capital	13.3M	18.7M	18.4M	(18.5M)	(21.3M)	(20.2M)
Capital Stock	227.0	272.0	362.0	1.3K	1.2K	1.1K

Currently Active Assets on Macroaxis

IGIB	iShares 5 10 Year
SPTL	SPDR Barclays Long
SCHH	Schwab REIT ETF
SPMB	SPDR Portfolio Mortgage
SPTI	SPDR Portfolio Intermediate

When determining whether Golden Matrix Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Matrix'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 Matrix Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Matrix Group Stock:

How To Invest In Golden

Details

Is Golden Stock a good investment?

Details

What is Golden Matrix's Net Worth?

Details

Largest Movies & Entertainment Companies

View

Largest Electronic Gaming & Multimedia Companies

View

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Matrix Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Is Movies & Entertainment 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 Golden Matrix. 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 Matrix 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

(1.00)

Earnings Share

(0.01)

Revenue Per Share

1.346

Quarterly Revenue Growth

0.719

Return On Assets

0.0117

The market value of Golden Matrix Group 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 Matrix's value that differs from its market value or its book value, called intrinsic value, which is Golden Matrix'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 Matrix's market value can be influenced by many factors that don't directly affect Golden Matrix'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 Matrix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Matrix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Matrix'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC

Golden Net Invested Capital vs Short Long Term Debt Analysis

Net Invested Capital vs Short Long Term Debt

Net Invested Capital vs Short Long Term Debt Correlation Analysis

Correlation Coefficient

Net Invested Capital

Short Long Term Debt

Golden Matrix fundamental ratios Correlations

Golden Matrix Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Golden Matrix fundamental ratios Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Non Current Liabilities Total	+ 1.0	Total Current Liabilities
Property Plant And Equipment Net	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Total Current Liabilities

Short Term Debt	- 0.56	Cash And Short Term Investments
Short Long Term Debt Total	- 0.55	Cash And Short Term Investments
Short Term Debt	- 0.51	Cash
Net Tangible Assets	- 0.5	Short Term Debt
Short Long Term Debt Total	- 0.5	Cash
Cash And Short Term Investments	- 0.5	Net Debt