Barrick Long Term Debt vs Deferred Long Term Liab Analysis

GOLD Stock  USD 17.57  0.01  0.06%   
Barrick Gold financial indicator trend analysis is way more than just evaluating Barrick Gold Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Barrick Gold Corp is a good investment. Please check the relationship between Barrick Gold Long Term Debt and its Deferred Long Term Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Barrick Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Long Term Debt vs Deferred Long Term Liab

Long Term Debt vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Barrick Gold Corp Long Term Debt account and Deferred Long Term Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Barrick Gold's Long Term Debt and Deferred Long Term Liab is 0.58. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Barrick Gold Corp, assuming nothing else is changed. The correlation between historical values of Barrick Gold's Long Term Debt and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Barrick Gold Corp are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Long Term Debt i.e., Barrick Gold's Long Term Debt and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Long Term Debt

Long-term debt is a debt that Barrick Gold Corp has held for over one year. Long-term debt appears on Barrick Gold Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Barrick Gold Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Barrick Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Barrick Gold Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Barrick Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, Barrick Gold's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 6.68, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.01.
 2021 2022 2023 2024 (projected)
Gross Profit4.9B3.5B3.5B2.4B
Total Revenue12.0B11.0B11.4B5.7B

Barrick Gold fundamental ratios Correlations

0.63-0.160.80.310.670.57-0.43-0.30.320.830.60.790.830.85-0.150.130.250.030.170.77-0.230.510.940.25-0.14
0.630.430.310.830.960.990.180.230.680.811.00.810.810.640.080.670.720.40.720.930.250.360.450.370.4
-0.160.43-0.420.720.210.50.950.210.80.00.450.160.010.040.510.930.840.330.920.310.53-0.29-0.270.230.99
0.80.31-0.420.070.390.25-0.6-0.37-0.020.610.270.590.610.66-0.32-0.18-0.1-0.08-0.140.51-0.420.80.790.18-0.39
0.310.830.720.070.710.870.570.290.810.430.840.60.440.430.230.80.840.240.860.70.630.240.150.330.67
0.670.960.210.390.710.94-0.040.350.480.820.960.740.820.68-0.110.450.510.430.510.870.20.450.480.220.17
0.570.990.50.250.870.940.270.280.710.741.00.770.750.620.090.710.750.430.760.90.330.330.380.320.47
-0.430.180.95-0.60.57-0.040.270.220.65-0.290.21-0.08-0.28-0.220.530.80.710.250.780.030.56-0.44-0.480.140.94
-0.30.230.21-0.370.290.350.280.22-0.06-0.130.28-0.33-0.130.04-0.210.07-0.020.560.11-0.070.48-0.01-0.48-0.450.19
0.320.680.8-0.020.810.480.710.65-0.060.380.680.580.390.340.460.920.930.260.920.640.33-0.010.240.440.8
0.830.810.00.610.430.820.74-0.29-0.130.380.780.881.00.68-0.10.320.360.150.340.93-0.190.540.70.44-0.01
0.61.00.450.270.840.961.00.210.280.680.780.780.780.620.070.680.720.430.720.910.30.330.410.340.42
0.790.810.160.590.60.740.77-0.08-0.330.580.880.780.880.610.110.470.59-0.030.510.92-0.020.470.740.570.13
0.830.810.010.610.440.820.75-0.28-0.130.391.00.780.880.68-0.10.320.370.150.350.93-0.190.530.70.450.0
0.850.640.040.660.430.680.62-0.220.040.340.680.620.610.68-0.150.210.270.150.260.67-0.060.450.72-0.150.07
-0.150.080.51-0.320.23-0.110.090.53-0.210.46-0.10.070.11-0.1-0.150.480.53-0.10.450.090.03-0.28-0.190.240.53
0.130.670.93-0.180.80.450.710.80.070.920.320.680.470.320.210.480.950.40.990.60.37-0.130.030.440.92
0.250.720.84-0.10.840.510.750.71-0.020.930.360.720.590.370.270.530.950.250.960.640.41-0.080.150.480.81
0.030.40.33-0.080.240.430.430.250.560.260.150.43-0.030.150.15-0.10.40.250.380.24-0.080.0-0.11-0.090.36
0.170.720.92-0.140.860.510.760.780.110.920.340.720.510.350.260.450.990.960.380.630.43-0.070.050.430.9
0.770.930.310.510.70.870.90.03-0.070.640.930.910.920.930.670.090.60.640.240.630.010.490.60.510.29
-0.230.250.53-0.420.630.20.330.560.480.33-0.190.3-0.02-0.19-0.060.030.370.41-0.080.430.01-0.22-0.280.020.44
0.510.36-0.290.80.240.450.33-0.44-0.01-0.010.540.330.470.530.45-0.28-0.13-0.080.0-0.070.49-0.220.370.18-0.29
0.940.45-0.270.790.150.480.38-0.48-0.480.240.70.410.740.70.72-0.190.030.15-0.110.050.6-0.280.370.29-0.26
0.250.370.230.180.330.220.320.14-0.450.440.440.340.570.45-0.150.240.440.48-0.090.430.510.020.180.290.19
-0.140.40.99-0.390.670.170.470.940.190.8-0.010.420.130.00.070.530.920.810.360.90.290.44-0.29-0.260.19
Click cells to compare fundamentals

Barrick Gold Account Relationship Matchups

Barrick Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding1.8B1.8B1.8B1.8B1.8B1.8B
Total Assets44.4B46.5B46.9B46.0B45.8B24.1B
Short Long Term Debt Total5.5B5.4B5.5B5.3B5.2B5.2B
Other Current Liab958M835M1.2B2.1B1.3B1.4B
Total Current Liabilities2.4B2.2B2.1B3.1B2.4B1.6B
Total Stockholder Equity7.6B21.4B23.3B23.9B22.8B11.8B
Property Plant And Equipment Net24.3B24.7B25.0B25.9B26.5B13.4B
Net Debt2.2B176M193M810M1.1B1.0B
Retained Earnings(9.7B)(7.9B)(6.6B)(7.3B)(6.7B)(6.4B)
Accounts Payable715M929M539M741M678M656.6M
Cash3.3B5.2B5.3B4.4B4.1B2.2B
Non Current Assets Total37.5B38.4B38.6B37.5B38.2B19.9B
Non Currrent Assets Other3.3B3.6B3.7B3.8B3.8B1.9B
Cash And Short Term Investments3.3B5.2B5.3B4.4B4.1B2.2B
Net Receivables665M766M940.7M906M1.2B1.2B
Short Term Investments1.1B2M728M21.2M24.4M23.2M
Liabilities And Stockholders Equity44.4B46.5B46.9B46.0B45.8B24.1B
Non Current Liabilities Total12.2B12.6B12.5B11.6B11.5B8.5B
Inventory2.3B1.9B1.7B1.8B1.8B1.3B
Other Stockholder Equity2.0B2.0B1.9B1.9B1.9B2.8B
Total Liab14.6B14.8B14.6B14.7B13.8B10.1B
Total Current Assets6.9B8.1B8.2B8.5B7.4B4.2B
Accumulated Other Comprehensive Income(122M)14M(23M)26M24M14.1M
Short Term Debt43M375M20M24M45M40.9M
Other Current Assets88M311M293M1.3B330M220.9M
Other Liab7.0B7.2B7.0B6.4B7.3B7.7B
Other Assets3.6B3.7B3.8B3.9B234.4M222.7M
Long Term Debt5.1B5.3B5.4B5.1B5.1B6.3B
Common Stock29.2B29.2B28.5B28.1B28.1B18.5B
Property Plant Equipment24.1B24.6B25.0B25.8B29.7B16.0B
Intangible Assets86M77M68M67M60.3M57.3M
Current Deferred Revenue328M47M43M54M301.4M320.7M
Property Plant And Equipment Gross24.1B24.6B65.2B68.8B71.1B74.7B
Common Stock Total Equity20.9B20.9B29.2B29.2B33.6B18.8B
Good Will1.3B1.2B4.8B3.6B3.2B3.7B
Net Tangible Assets16.4B18.4B18.9B19.0B21.9B11.8B
Long Term Investments4.8B5.1B5.0B4.1B4.3B3.0B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Barrick Gold Corp is a strong investment it is important to analyze Barrick Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Barrick Gold's future performance. For an informed investment choice regarding Barrick Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Barrick Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Barrick Gold. If investors know Barrick will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Barrick Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.315
Dividend Share
0.4
Earnings Share
0.92
Revenue Per Share
7.032
Quarterly Revenue Growth
0.177
The market value of Barrick Gold Corp is measured differently than its book value, which is the value of Barrick that is recorded on the company's balance sheet. Investors also form their own opinion of Barrick Gold's value that differs from its market value or its book value, called intrinsic value, which is Barrick Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Barrick Gold's market value can be influenced by many factors that don't directly affect Barrick Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Barrick Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Barrick Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barrick 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.