Harmony Gold Mining Stock Current Liabilities

HGMCF Stock  USD 12.00  2.51  26.45%   
Harmony Gold Mining fundamentals help investors to digest information that contributes to Harmony Gold's financial success or failures. It also enables traders to predict the movement of Harmony Pink Sheet. The fundamental analysis module provides a way to measure Harmony Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Harmony Gold pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Harmony Gold Mining Company Current Liabilities Analysis

Harmony Gold's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

 = 

Payables

+

Accrued Debt

More About Current Liabilities | All Equity Analysis

Current Harmony Gold Current Liabilities

    
  2.03 B  
Most of Harmony Gold's fundamental indicators, such as Current Liabilities, 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, Harmony Gold Mining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Competition

In accordance with the recently published financial statements, Harmony Gold Mining has a Current Liabilities of 2.03 B. This is 67.18% lower than that of the Basic Materials sector and significantly higher than that of the Gold industry. The current liabilities for all United States stocks is 74.3% higher than that of the company.

Harmony Current Liabilities Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Harmony Gold's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Harmony Gold could also be used in its relative valuation, which is a method of valuing Harmony Gold by comparing valuation metrics of similar companies.
Harmony Gold is currently under evaluation in current liabilities category among its peers.

Harmony Fundamentals

About Harmony Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Harmony Gold Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Harmony Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Harmony Gold Mining 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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Additional Information and Resources on Investing in Harmony Pink Sheet

When determining whether Harmony Gold Mining offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Harmony Gold'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 Harmony Gold Mining Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Harmony Gold Mining Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harmony Gold Mining. 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Please note, there is a significant difference between Harmony Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harmony Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harmony 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.