Foran Historical Balance Sheet

FOM Stock

3.94 0.09 2.34%

Trend analysis of Foran Mining balance sheet accounts such as Total Stockholder Equity of 481 M or Property Plant And Equipment Net of 115 K provides information on Foran Mining's total assets, liabilities, and equity, which is the actual value of Foran Mining to its prevalent stockholders. By breaking down trends over time using Foran Mining 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.

Cash Flow Balance Sheet Income Statement

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Foran Mining 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 Foran Mining is a good buy for the upcoming year.

Foran Mining Inventory

1.71

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Foran 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 board of governors.

About Foran Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Foran Mining at a specified time, usually calculated after every quarter, six months, or one year. Foran Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Foran Mining 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 Foran currently owns. An asset can also be divided into two categories, current and non-current.

Foran Mining Balance Sheet Chart

At this time, Foran Mining's Cash And Short Term Investments are very stable compared to the past year. As of the 19th of December 2024, Net Receivables is likely to grow to about 2.2 M, while Property Plant And Equipment Net is likely to drop about 115 K.

Property Plant And Equipment Net Retained Earnings Accounts Payable Short Long Term Debt Total

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Accounts Payable

An accounting item on the balance sheet that represents Foran Mining obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Foran Mining are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most accounts from Foran Mining's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Foran Mining 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 Foran 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 board of governors.

	2021	2022	2023	2024 (projected)
Total Current Liabilities	13.7M	14.7M	45.2M	47.4M
Total Assets	174.9M	236.7M	542.5M	569.6M

Total Current Liabilities Total Assets

Foran Mining balance sheet Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Short Term Debt	Non Currrent Assets Other	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Current Liab	Common Stock	Current Deferred Revenue	Cash And Equivalents
Total Assets		1.0	1.0	-0.04	-0.99	-0.86	-0.21	1.0	1.0	1.0	0.97	0.9	-0.21	0.99	1.0	0.93	0.4	0.95	0.45	0.93	-0.38	0.96	1.0	1.0	0.24	0.83
Total Current Liabilities	1.0		1.0	-0.1	-0.99	-0.83	-0.17	1.0	0.99	1.0	0.97	0.87	-0.18	0.98	1.0	0.91	0.38	0.96	0.46	0.91	-0.35	0.98	1.0	1.0	0.2	0.81
Total Stockholder Equity	1.0	1.0		-0.05	-0.99	-0.86	-0.2	1.0	0.99	1.0	0.97	0.9	-0.21	0.98	1.0	0.92	0.4	0.95	0.44	0.92	-0.38	0.97	1.0	1.0	0.23	0.83
Property Plant And Equipment Net	-0.04	-0.1	-0.05		0.13	-0.19	-0.93	-0.1	0.03	-0.1	0.03	0.32	-0.24	0.01	-0.1	0.13	0.76	-0.35	0.19	0.13	-0.33	-0.3	-0.11	-0.05	0.92	0.42
Net Debt	-0.99	-0.99	-0.99	0.13		0.81	0.14	-1.0	-0.97	-1.0	-0.98	-0.85	0.15	-0.96	-1.0	-0.87	-0.38	-0.95	-0.44	-0.87	0.33	-0.97	-0.99	-0.99	-0.17	-0.81
Retained Earnings	-0.86	-0.83	-0.86	-0.19	0.81		0.31	-0.83	-0.88	-0.83	-0.81	-0.94	0.34	-0.84	-0.83	-0.82	-0.44	-0.76	-0.11	-0.82	0.52	-0.77	-0.82	-0.84	-0.32	-0.76
Accounts Payable	-0.21	-0.17	-0.2	-0.93	0.14	0.31		-0.17	-0.25	-0.17	-0.3	-0.46	0.15	-0.26	-0.17	-0.36	-0.9	0.12	-0.39	-0.35	0.28	0.05	-0.15	-0.2	-1.0	-0.66
Cash	1.0	1.0	1.0	-0.1	-1.0	-0.83	-0.17		0.98	1.0	0.97	0.87	-0.16	0.98	1.0	0.91	0.38	0.96	0.45	0.91	-0.33	0.97	1.0	1.0	0.2	0.81
Non Current Assets Total	1.0	0.99	0.99	0.03	-0.97	-0.88	-0.25	0.98		0.98	0.95	0.93	-0.25	0.99	0.98	0.95	0.41	0.93	0.45	0.95	-0.43	0.94	0.98	0.99	0.28	0.84
Cash And Short Term Investments	1.0	1.0	1.0	-0.1	-1.0	-0.83	-0.17	1.0	0.98		0.97	0.87	-0.16	0.98	1.0	0.91	0.38	0.96	0.45	0.91	-0.33	0.97	1.0	1.0	0.2	0.81
Net Receivables	0.97	0.97	0.97	0.03	-0.98	-0.81	-0.3	0.97	0.95	0.97		0.89	-0.18	0.93	0.97	0.85	0.55	0.88	0.5	0.85	-0.37	0.91	0.97	0.97	0.33	0.89
Common Stock Shares Outstanding	0.9	0.87	0.9	0.32	-0.85	-0.94	-0.46	0.87	0.93	0.87	0.89		-0.38	0.89	0.87	0.86	0.59	0.75	0.4	0.87	-0.59	0.78	0.87	0.89	0.48	0.87
Other Stockholder Equity	-0.21	-0.18	-0.21	-0.24	0.15	0.34	0.15	-0.16	-0.25	-0.16	-0.18	-0.38		-0.19	-0.16	-0.18	-0.18	-0.15	-0.2	-0.19	0.65	-0.14	-0.18	-0.21	-0.16	-0.22
Total Liab	0.99	0.98	0.98	0.01	-0.96	-0.84	-0.26	0.98	0.99	0.98	0.93	0.89	-0.19		0.98	0.98	0.39	0.92	0.47	0.98	-0.36	0.94	0.98	0.98	0.29	0.83
Total Current Assets	1.0	1.0	1.0	-0.1	-1.0	-0.83	-0.17	1.0	0.98	1.0	0.97	0.87	-0.16	0.98		0.91	0.38	0.96	0.45	0.91	-0.34	0.97	1.0	1.0	0.2	0.81
Short Long Term Debt Total	0.93	0.91	0.92	0.13	-0.87	-0.82	-0.36	0.91	0.95	0.91	0.85	0.86	-0.18	0.98	0.91		0.39	0.84	0.46	1.0	-0.35	0.86	0.91	0.93	0.38	0.81
Short Term Debt	0.4	0.38	0.4	0.76	-0.38	-0.44	-0.9	0.38	0.41	0.38	0.55	0.59	-0.18	0.39	0.38	0.39		0.1	0.42	0.38	-0.33	0.17	0.36	0.4	0.9	0.8
Non Currrent Assets Other	0.95	0.96	0.95	-0.35	-0.95	-0.76	0.12	0.96	0.93	0.96	0.88	0.75	-0.15	0.92	0.96	0.84	0.1		0.35	0.84	-0.28	1.0	0.96	0.95	-0.09	0.62
Short Term Investments	0.45	0.46	0.44	0.19	-0.44	-0.11	-0.39	0.45	0.45	0.45	0.5	0.4	-0.2	0.47	0.45	0.46	0.42	0.35		0.46	-0.27	0.38	0.46	0.47	0.43	0.56
Non Current Liabilities Total	0.93	0.91	0.92	0.13	-0.87	-0.82	-0.35	0.91	0.95	0.91	0.85	0.87	-0.19	0.98	0.91	1.0	0.38	0.84	0.46		-0.36	0.86	0.91	0.93	0.37	0.81
Inventory	-0.38	-0.35	-0.38	-0.33	0.33	0.52	0.28	-0.33	-0.43	-0.33	-0.37	-0.59	0.65	-0.36	-0.34	-0.35	-0.33	-0.28	-0.27	-0.36		-0.3	-0.35	-0.39	-0.29	-0.41
Other Current Assets	0.96	0.98	0.97	-0.3	-0.97	-0.77	0.05	0.97	0.94	0.97	0.91	0.78	-0.14	0.94	0.97	0.86	0.17	1.0	0.38	0.86	-0.3		0.98	0.97	-0.02	0.67
Other Current Liab	1.0	1.0	1.0	-0.11	-0.99	-0.82	-0.15	1.0	0.98	1.0	0.97	0.87	-0.18	0.98	1.0	0.91	0.36	0.96	0.46	0.91	-0.35	0.98		1.0	0.18	0.81
Common Stock	1.0	1.0	1.0	-0.05	-0.99	-0.84	-0.2	1.0	0.99	1.0	0.97	0.89	-0.21	0.98	1.0	0.93	0.4	0.95	0.47	0.93	-0.39	0.97	1.0		0.23	0.83
Current Deferred Revenue	0.24	0.2	0.23	0.92	-0.17	-0.32	-1.0	0.2	0.28	0.2	0.33	0.48	-0.16	0.29	0.2	0.38	0.9	-0.09	0.43	0.37	-0.29	-0.02	0.18	0.23		0.68
Cash And Equivalents	0.83	0.81	0.83	0.42	-0.81	-0.76	-0.66	0.81	0.84	0.81	0.89	0.87	-0.22	0.83	0.81	0.81	0.8	0.62	0.56	0.81	-0.41	0.67	0.81	0.83	0.68

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Foran Mining Account Relationship Matchups

Foran Mining balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	40.9M	42.2M	174.9M	236.7M	542.5M	569.6M
Total Current Liabilities	365.6K	390.2K	13.7M	14.7M	45.2M	47.4M
Total Stockholder Equity	39.8M	41.1M	160.4M	187.7M	458.1M	481.0M
Property Plant And Equipment Net	40.2M	40.9M	89.1M	141.3M	121K	115.0K
Net Debt	(237.7K)	(995.7K)	(82.9M)	(53.2M)	(228.0M)	(216.6M)
Retained Earnings	(43.4M)	(45.4M)	(49.7M)	(59.5M)	(73.1M)	(69.4M)
Accounts Payable	265.3K	(60.3K)	(3.3M)	(5.2M)	5.4K	5.7K
Cash	391.6K	1.0M	84.0M	87.3M	266.5M	279.8M
Non Current Assets Total	40.4M	41.1M	89.3M	148.4M	271.8M	285.3M
Cash And Short Term Investments	391.6K	1.0M	84.0M	87.3M	266.5M	279.8M
Net Receivables	43.1K	23.9K	1.3M	802K	2.1M	2.2M
Common Stock Shares Outstanding	129.6M	148.3M	200.6M	242.5M	280.4M	294.5M
Liabilities And Stockholders Equity	40.9M	42.2M	174.9M	236.7M	542.5M	569.6M
Other Stockholder Equity	1.6M	1.6M	4.1M	6.5M	5.8M	5.5M
Total Liab	1.1M	1.0M	14.5M	49.0M	84.4M	88.6M
Total Current Assets	501.9K	1.1M	85.6M	88.4M	270.7M	284.3M
Non Current Liabilities Total	737.3K	649.6K	812K	34.3M	39.3M	41.2M
Accumulated Other Comprehensive Income	44.9K	73.7K	99K	58K	10.3M	10.8M
Other Current Assets	67.1K	41.5K	252K	241K	2.2M	2.3M
Common Stock	81.6M	84.8M	205.8M	240.6M	520.9M	546.9M

Pair Trading with Foran Mining

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 Foran Mining 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 Foran Mining will appreciate offsetting losses from the drop in the long position's value.

Moving together with Foran Stock

0.69	AG	First Majestic Silver	Pair Corr
0.71	IE	Ivanhoe Energy	Pair Corr

The ability to find closely correlated positions to Foran Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Foran Mining 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 Foran Mining - 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 Foran Mining to buy it.

The correlation of Foran Mining 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 Foran Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Foran Mining 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 Foran Mining 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.

Pair Correlation Correlation Matching

Other Information on Investing in Foran Stock

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Foran Historical Balance Sheet

Foran Mining Inventory

1.71

About Foran Balance Sheet Analysis

Foran Mining Balance Sheet Chart

Property Plant And Equipment Net

Retained Earnings

Accounts Payable

Foran Mining balance sheet Correlations

Foran Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Foran Mining balance sheet Accounts

Pair Trading with Foran Mining

Moving together with Foran Stock

Other Information on Investing in Foran Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Cash	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets

Current Deferred Revenue	- 1.0	Accounts Payable
Total Current Assets	- 1.0	Net Debt
Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Common Stock	- 0.99	Net Debt
Other Current Liab	- 0.99	Net Debt