Dynacor Historical Balance Sheet
DNG Stock | CAD 5.99 0.10 1.70% |
Trend analysis of Dynacor Gold Mines balance sheet accounts such as Other Current Liabilities of 2.1 M or Total Current Liabilities of 18.1 M provides information on Dynacor Gold's total assets, liabilities, and equity, which is the actual value of Dynacor Gold Mines to its prevalent stockholders. By breaking down trends over time using Dynacor Gold balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Dynacor Gold Mines latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Dynacor Gold Mines is a good buy for the upcoming year.
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About Dynacor Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Dynacor Gold Mines at a specified time, usually calculated after every quarter, six months, or one year. Dynacor Gold Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dynacor Gold and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Dynacor currently owns. An asset can also be divided into two categories, current and non-current.
Dynacor Gold Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on Dynacor Gold balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Dynacor Gold Mines are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most accounts from Dynacor Gold's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Dynacor Gold Mines current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Dynacor Gold Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Dynacor Gold's Common Stock Shares Outstanding is very stable compared to the past year. As of the 11th of December 2024, Short Term Investments is likely to grow to about 672.9 K, while Total Assets are likely to drop about 58.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 344.0K | 701.2K | 635.7K | 603.9K | Total Assets | 91.4M | 96.9M | 111.8M | 58.2M |
Dynacor Gold balance sheet Correlations
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Dynacor Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dynacor Gold balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 74.8M | 76.3M | 91.4M | 96.9M | 111.8M | 58.2M | |
Short Long Term Debt Total | 4.3M | 706.7K | 344.0K | 701.2K | 635.7K | 603.9K | |
Other Current Liab | 1.8M | 2.5M | 5.0M | 2.9M | 4.2M | 2.1M | |
Total Current Liabilities | 10.3M | 8.4M | 14.0M | 11.2M | 17.2M | 18.1M | |
Total Stockholder Equity | 60.0M | 62.7M | 72.0M | 80.3M | 89.6M | 47.2M | |
Property Plant And Equipment Net | 41.3M | 39.0M | 39.6M | 40.6M | 43.8M | 29.5M | |
Net Debt | (2.4M) | (11.2M) | (26.6M) | (24.7M) | (21.3M) | (20.2M) | |
Retained Earnings | 35.8M | 38.2M | 47.0M | 54.6M | 64.0M | 67.2M | |
Accounts Payable | 5.0M | 5.7M | 8.9M | 8.2M | 11.2M | 11.8M | |
Cash | 6.7M | 11.9M | 26.9M | 25.4M | 21.9M | 23.0M | |
Non Current Assets Total | 44.9M | 42.5M | 40.9M | 42.0M | 43.8M | 30.5M | |
Non Currrent Assets Other | 41.0M | 41.6M | 3.4M | 1.3M | 1.5M | 1.5M | |
Cash And Short Term Investments | 6.7M | 11.9M | 26.9M | 25.4M | 22.5M | 23.6M | |
Net Receivables | 4.1M | 8.2M | 8.3M | 6.3M | 4.0M | 4.7M | |
Common Stock Shares Outstanding | 39.6M | 39.3M | 39.7M | 39.6M | 38.9M | 39.9M | |
Liabilities And Stockholders Equity | 74.8M | 76.3M | 91.4M | 96.9M | 111.8M | 58.2M | |
Non Current Liabilities Total | 4.5M | 5.1M | 5.3M | 5.4M | 5.0M | 3.6M | |
Inventory | 18.3M | 13.4M | 14.8M | 16.4M | 31.9M | 33.5M | |
Other Current Assets | 809.9K | 398.6K | 464.4K | 6.6M | 9.7M | 10.1M | |
Other Stockholder Equity | 3.5M | 3.5M | 3.5M | 3.2M | 3.7M | 3.5M | |
Total Liab | 14.9M | 13.6M | 19.3M | 16.6M | 22.2M | 23.3M | |
Property Plant And Equipment Gross | 41.3M | 39.0M | 52.3M | 56.2M | 61.5M | 32.5M | |
Total Current Assets | 30.0M | 33.8M | 50.4M | 54.9M | 68.0M | 71.4M | |
Short Term Debt | 3.6M | 223.9K | 110.6K | 66.1K | 56.9K | 54.0K | |
Other Assets | 3.6M | 3.4M | 1.3M | 1.3M | 1.5M | 1.3M | |
Common Stock | 20.6M | 21.0M | 21.5M | 22.4M | 21.9M | 21.6M | |
Other Liab | 3.8M | 4.6M | 5.1M | 4.8M | 5.5M | 4.0M | |
Net Tangible Assets | 60.0M | 62.7M | 72.0M | 80.3M | 92.3M | 60.0M | |
Property Plant Equipment | 41.3M | 39.0M | 39.6M | 40.6M | 46.7M | 38.5M | |
Long Term Debt Total | 756.9K | 482.9K | 233.4K | 635.2K | 571.6K | 909.2K | |
Capital Surpluse | 3.5M | 3.5M | 3.5M | 3.2M | 3.7M | 3.7M | |
Capital Lease Obligations | 1.3M | 706.7K | 344.0K | 701.2K | 635.7K | 554.6K | |
Net Invested Capital | 63.0M | 62.7M | 72.0M | 80.3M | 89.6M | 74.9M | |
Net Working Capital | 19.6M | 25.4M | 36.4M | 43.7M | 50.8M | 33.2M |
Pair Trading with Dynacor Gold
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dynacor Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dynacor Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Dynacor Stock
Moving against Dynacor Stock
The ability to find closely correlated positions to Dynacor Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dynacor Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dynacor Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dynacor Gold Mines to buy it.
The correlation of Dynacor Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dynacor Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dynacor Gold Mines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dynacor Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Dynacor Stock
Balance Sheet is a snapshot of the financial position of Dynacor Gold Mines at a specified time, usually calculated after every quarter, six months, or one year. Dynacor Gold Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dynacor Gold and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Dynacor currently owns. An asset can also be divided into two categories, current and non-current.