Visible Gold Mines Stock Current Liabilities

VGD Stock  CAD 0.08  0.01  14.29%   
Visible Gold Mines fundamentals help investors to digest information that contributes to Visible Gold's financial success or failures. It also enables traders to predict the movement of Visible Stock. The fundamental analysis module provides a way to measure Visible 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 Visible Gold stock.
Total Current Liabilities is likely to climb to about 242.2 K in 2024. Non Current Liabilities Total is likely to climb to about 71.7 K in 2024.
  
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Visible Gold Mines Company Current Liabilities Analysis

Visible 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

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Visible Current Liabilities Driver Correlations

Understanding the fundamental principles of building solid financial models for Visible Gold is extremely important. It helps to project a fair market value of Visible Stock properly, considering its historical fundamentals such as Current Liabilities. Since Visible Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Visible Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Visible Gold's interrelated accounts and indicators.
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.
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Visible Total Current Liabilities

Total Current Liabilities

242,152

At this time, Visible Gold's Total Current Liabilities is fairly stable compared to the past year.
In accordance with the recently published financial statements, Visible Gold Mines has a Current Liabilities of 0.0. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The current liabilities for all Canada stocks is 100.0% higher than that of the company.

Visible Gold Current Valuation Drivers

We derive many important indicators used in calculating different scores of Visible Gold from analyzing Visible Gold's financial statements. These drivers represent accounts that assess Visible Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Visible Gold's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap3.9M3.8M2.7M3.8M3.4M2.5M
Enterprise Value3.9M3.4M2.5M3.8M3.4M2.1M

Visible Fundamentals

About Visible Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Visible Gold Mines's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Visible Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Visible Gold Mines 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.

Thematic Opportunities

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Additional Tools for Visible Stock Analysis

When running Visible Gold's price analysis, check to measure Visible Gold'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 Visible Gold is operating at the current time. Most of Visible Gold's value examination focuses on studying past and present price action to predict the probability of Visible Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Visible Gold's price. Additionally, you may evaluate how the addition of Visible Gold to your portfolios can decrease your overall portfolio volatility.