Freegold Historical Balance Sheet
| FVL Stock | CAD 0.81 0.01 1.22% |
Trend analysis of Freegold Ventures Limited balance sheet accounts such as Total Stockholder Equity of 94.2 M or Property Plant And Equipment Net of 92.6 M provides information on Freegold Ventures' total assets, liabilities, and equity, which is the actual value of Freegold Ventures to its prevalent stockholders. By breaking down trends over time using Freegold Ventures 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 Freegold Ventures 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 Freegold Ventures is a good buy for the upcoming year.
Freegold Ventures Inventory |
|
Freegold |
About Freegold Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Freegold Ventures at a specified time, usually calculated after every quarter, six months, or one year. Freegold Ventures Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Freegold Ventures 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 Freegold currently owns. An asset can also be divided into two categories, current and non-current.
Freegold Ventures Balance Sheet Chart
Add Fundamental
Total Assets
Total assets refers to the total amount of Freegold Ventures assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Freegold Ventures books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.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.Cash
Cash refers to the most liquid asset of Freegold Ventures, which is listed under current asset account on Freegold Ventures Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Freegold Ventures customers. The amounts must be unrestricted with restricted cash listed in a different Freegold Ventures account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most accounts from Freegold Ventures' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Freegold Ventures 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 Freegold Ventures Limited. 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, Freegold Ventures' Common Stock Shares Outstanding is very stable compared to the past year. As of the 2nd of December 2024, Liabilities And Stockholders Equity is likely to grow to about 94.9 M, while Total Current Liabilities is likely to drop about 210.1 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 542.2K | 469.3K | 221.1K | 210.1K | Total Assets | 74.4M | 77.4M | 90.4M | 94.9M |
Freegold Ventures balance sheet Correlations
Click cells to compare fundamentals
Freegold Ventures Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Freegold Ventures balance sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 39.6M | 74.0M | 74.4M | 77.4M | 90.4M | 94.9M | |
| Total Current Liabilities | 1.1M | 542.3K | 542.2K | 469.3K | 221.1K | 210.1K | |
| Total Stockholder Equity | 38.2M | 73.2M | 73.5M | 76.5M | 89.7M | 94.2M | |
| Property Plant And Equipment Net | 38.3M | 43.9M | 60.2M | 76.6M | 88.2M | 92.6M | |
| Net Debt | (1.1M) | (29.6M) | (13.7M) | (565.1K) | (1.9M) | (2.0M) | |
| Retained Earnings | (65.8M) | (67.1M) | (69.3M) | (70.1M) | (73.2M) | (69.6M) | |
| Accounts Payable | 181.2K | 207.7K | 306.7K | 376.6K | 134.5K | 127.8K | |
| Cash | 1.2M | 29.7M | 13.8M | 693.2K | 2.0M | 3.2M | |
| Non Current Assets Total | 38.3M | 43.9M | 60.2M | 76.6M | 88.2M | 92.6M | |
| Cash And Short Term Investments | 1.2M | 29.7M | 13.8M | 693.2K | 2.0M | 3.3M | |
| Common Stock Shares Outstanding | 199.0M | 265.0M | 335.4M | 351.8M | 393.6M | 413.3M | |
| Liabilities And Stockholders Equity | 39.6M | 74.0M | 74.4M | 77.4M | 90.4M | 94.9M | |
| Other Current Assets | 115.3K | 407.6K | 389.5K | 113.55 | 190.3K | 117.7K | |
| Total Liab | 1.4M | 792.3K | 928.7K | 926.9K | 658.0K | 625.1K | |
| Property Plant And Equipment Gross | 38.3M | 43.9M | 60.3M | 76.8M | 88.3M | 92.7M | |
| Total Current Assets | 1.3M | 30.1M | 14.2M | 806.8K | 2.2M | 3.4M | |
| Accumulated Other Comprehensive Income | 17.3M | 32.8M | 34.2M | 31.1M | 37.1M | 38.9M | |
| Other Current Liab | 856.9K | 138.7K | 205.1K | 64.2K | 57.5K | 54.6K | |
| Short Term Debt | 50.9K | 37.5K | 30.4K | 28.5K | 29.2K | 27.7K | |
| Net Receivables | 21.8K | 41.3K | 22.7K | 19.7K | 17.8K | 27.8K | |
| Non Current Liabilities Total | 275.7K | 250K | 386.6K | 457.6K | 436.9K | 520.2K | |
| Short Long Term Debt Total | 86.9K | 37.5K | 167.0K | 128.1K | 99.9K | 94.9K | |
| Net Tangible Assets | 37.1M | 38.2M | 73.2M | 73.5M | 84.5M | 88.7M | |
| Common Stock | 86.7M | 107.5M | 108.6M | 115.5M | 125.8M | 88.3M | |
| Property Plant Equipment | 38.3M | 43.9M | 60.2M | 76.6M | 88.1M | 92.5M | |
| Other Liab | 220.7K | 230.0K | 239.8K | 250K | 225K | 416.4K | |
| Cash And Equivalents | 1.2M | 29.6M | 13.8M | 653.4K | 751.4K | 713.8K | |
| Net Invested Capital | 38.2M | 73.2M | 73.5M | 76.5M | 87.9M | 61.5M | |
| Net Working Capital | 194.5K | 29.5M | 13.7M | 337.5K | 388.2K | 368.8K | |
| Capital Stock | 86.7M | 107.5M | 108.6M | 115.5M | 132.8M | 110.9M |
Pair Trading with Freegold Ventures
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 Freegold Ventures 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 Freegold Ventures will appreciate offsetting losses from the drop in the long position's value.Moving together with Freegold Stock
The ability to find closely correlated positions to Freegold Ventures could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Freegold Ventures 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 Freegold Ventures - 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 Freegold Ventures Limited to buy it.
The correlation of Freegold Ventures 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 Freegold Ventures moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Freegold Ventures 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 Freegold Ventures 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 Freegold Stock
Balance Sheet is a snapshot of the financial position of Freegold Ventures at a specified time, usually calculated after every quarter, six months, or one year. Freegold Ventures Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Freegold Ventures 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 Freegold currently owns. An asset can also be divided into two categories, current and non-current.