Golden Ridge Financials
GLDN Stock | CAD 0.08 0.00 0.00% |
Short Ratio 1.98 | Return On Equity (0.02) |
Golden | Select Account or Indicator |
Understanding current and past Golden Ridge Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Golden Ridge's financial statements are interrelated, with each one affecting the others. For example, an increase in Golden Ridge's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Golden Ridge's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Golden Ridge Resources. Check Golden Ridge's Beneish M Score to see the likelihood of Golden Ridge's management manipulating its earnings.
Golden Ridge Stock Summary
Golden Ridge competes with Sparx Technology, AGF Management, Richelieu Hardware, Rogers Communications, and Element Fleet. Golden Ridge Resources Ltd. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. Its flagship project is the Hank property comprising 4 claims covering 1,700 hectares located in the Liard district of British Colombia. GOLDEN RIDGE operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.Foreign Associate | USA |
Specialization | Basic Materials, Other Precious Metals & Mining |
Instrument | Canada Stock View All |
Exchange | TSX Venture Exchange |
ISIN | CA38116T2065 |
Business Address | Landmark 3, Kelowna, |
Sector | Metals & Mining |
Industry | Materials |
Benchmark | Dow Jones Industrial |
Website | www.goldenridgeresources.com |
Phone | 250 717 3151 |
Currency | CAD - Canadian Dollar |
You should never invest in Golden Ridge without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Golden Stock, because this is throwing your money away. Analyzing the key information contained in Golden Ridge's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Golden Ridge Key Financial Ratios
There are many critical financial ratios that Golden Ridge's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Golden Ridge Resources reports annually and quarterly.Gross Profit | (8.71 K) | ||||
EBITDA | (299.56 K) | ||||
Net Income | (545.56 K) | ||||
Total Asset | 6.05 M | ||||
Retained Earnings | (17.16 M) |
Golden Ridge Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.7M | 7.9M | 8.6M | 6.4M | 6.1M | 5.9M | |
Net Tangible Assets | 9.0M | 8.6M | 7.7M | 8.4M | 9.6M | 5.4M | |
Retained Earnings | (4.8M) | (12.2M) | (13.9M) | (16.6M) | (17.2M) | (16.3M) | |
Accounts Payable | 65.8K | 105.9K | 118.3K | 236.3K | 333.7K | 350.4K | |
Cash | 837.4K | 3.9M | 4.9M | 2.6M | 1.3M | 1.9M | |
Net Receivables | 359.5K | 215.3K | 397.4K | 34.1K | 39.2K | 37.3K | |
Total Liab | 158.1K | 167.5K | 232.3K | 236.3K | 333.7K | 264.9K | |
Total Current Assets | 1.2M | 5.4M | 5.6M | 4.1M | 2.8M | 2.9M | |
Common Stock | 11.7M | 11.9M | 18.0M | 19.9M | 22.9M | 24.0M | |
Net Invested Capital | 8.6M | 7.7M | 8.4M | 6.2M | 5.7M | 5.8M | |
Net Working Capital | 1.0M | 5.2M | 5.4M | 3.8M | 2.4M | 3.8M | |
Capital Stock | 11.9M | 18.0M | 19.9M | 19.9M | 19.9M | 18.6M |
Golden Ridge Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Selling General Administrative | 585.7K | 768.7K | 1.2M | 383.6K | 704.0K | 846.0K | |
Gross Profit | (22.9K) | (26.8K) | (33.2K) | (26.5K) | (14.6K) | (15.3K) | |
Operating Income | (610.7K) | (798.5K) | (1.2M) | (410.1K) | (721.9K) | (758.0K) | |
Net Income From Continuing Ops | (521.5K) | (7.3M) | (1.7M) | (2.8M) | (545.6K) | (572.8K) | |
Ebit | (910.3K) | (610.7K) | (8.3M) | (1.8M) | (1.6M) | (1.7M) | |
Cost Of Revenue | 22.9K | 26.8K | 33.2K | 26.5K | 14.6K | 17.2K | |
Total Operating Expenses | 610.7K | 798.5K | 1.2M | 410.1K | 721.9K | 866.7K | |
Income Before Tax | (521.5K) | (7.3M) | (1.7M) | (2.8M) | (545.6K) | (572.8K) | |
Total Other Income Expense Net | 59.7K | (6.6M) | (485.2K) | (2.4M) | 118.6K | 124.5K | |
Net Income Applicable To Common Shares | (765.6K) | (521.5K) | (7.3M) | (1.7M) | (1.5M) | (1.6M) | |
Net Income | (521.5K) | (7.3M) | (1.7M) | (2.8M) | (545.6K) | (572.8K) | |
Net Interest Income | 29.5K | 7.6K | 24.2K | 99.0K | 57.7K | 32.5K | |
Interest Income | 29.5K | 7.6K | 24.2K | 99.0K | 57.7K | 37.7K | |
Ebitda | (1.0M) | (498.6K) | (771.7K) | (1.2M) | (1.4M) | (1.5M) | |
Reconciled Depreciation | 22.9K | 26.8K | 33.2K | 26.5K | 14.6K | 24.5K |
Golden Ridge Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | (2.2M) | 3.3M | 825.6K | (2.3M) | (1.4M) | (1.3M) | |
Depreciation | 22.9K | 7.5M | 814.0K | 26.5K | 14.6K | 13.9K | |
Capital Expenditures | 2.1M | 1.3M | 652.0K | 1K | 95.5K | 90.7K | |
Net Income | (521.5K) | (7.3M) | (1.7M) | (2.8M) | (545.6K) | (572.8K) | |
Change To Netincome | (38.2K) | (37.5K) | (608.7K) | 551.7K | 496.6K | 396.5K | |
End Period Cash Flow | 837.4K | 4.1M | 4.9M | 2.6M | 1.3M | 2.5M | |
Free Cash Flow | (2.3M) | (2.0M) | (537.2K) | (402.5K) | (389.4K) | (408.9K) |
Golden Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Golden Ridge's current stock value. Our valuation model uses many indicators to compare Golden Ridge value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Golden Ridge competition to find correlations between indicators driving Golden Ridge's intrinsic value. More Info.Golden Ridge Resources is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Golden Ridge's earnings, one of the primary drivers of an investment's value.Golden Ridge Resources Systematic Risk
Golden Ridge's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Golden Ridge volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was fourty-two with a total number of output elements of nineteen. The Beta measures systematic risk based on how returns on Golden Ridge Resources correlated with the market. If Beta is less than 0 Golden Ridge generally moves in the opposite direction as compared to the market. If Golden Ridge Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Golden Ridge Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Golden Ridge is generally in the same direction as the market. If Beta > 1 Golden Ridge moves generally in the same direction as, but more than the movement of the benchmark.
Golden Ridge Resources Total Assets Over Time
Additional Tools for Golden Stock Analysis
When running Golden Ridge's price analysis, check to measure Golden Ridge's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Golden Ridge is operating at the current time. Most of Golden Ridge's value examination focuses on studying past and present price action to predict the probability of Golden Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Ridge's price. Additionally, you may evaluate how the addition of Golden Ridge to your portfolios can decrease your overall portfolio volatility.