GeoVax Historical Balance Sheet
GOVXW Stock | USD 0.12 0.01 9.09% |
Trend analysis of GeoVax Labs balance sheet accounts such as Other Current Liabilities of 816.1 K or Total Current Liabilities of 3.7 M provides information on GeoVax Labs' total assets, liabilities, and equity, which is the actual value of GeoVax Labs to its prevalent stockholders. By breaking down trends over time using GeoVax Labs 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 GeoVax Labs 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 GeoVax Labs is a good buy for the upcoming year.
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About GeoVax Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of GeoVax Labs at a specified time, usually calculated after every quarter, six months, or one year. GeoVax Labs Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of GeoVax Labs 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 GeoVax currently owns. An asset can also be divided into two categories, current and non-current.
GeoVax Labs Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of GeoVax Labs 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 GeoVax Labs 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 Current Liabilities
Total Current Liabilities is an item on GeoVax Labs balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of GeoVax Labs 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.Accounts Payable
An accounting item on the balance sheet that represents GeoVax Labs 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 GeoVax Labs 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.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most accounts from GeoVax Labs' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into GeoVax Labs 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GeoVax Labs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. For more information on how to buy GeoVax Stock please use our How to Invest in GeoVax Labs guide.At this time, GeoVax Labs' Property Plant And Equipment Gross is fairly stable compared to the past year. Property Plant Equipment is likely to climb to about 178.4 K in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 169.3 K in 2024.
2023 | 2024 (projected) | Short and Long Term Debt Total | 178.3K | 169.3K | Total Assets | 9.3M | 4.9M |
GeoVax Labs balance sheet Correlations
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GeoVax Labs Account Relationship Matchups
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GeoVax Labs balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 468.9K | 10.4M | 11.8M | 31.3M | 9.3M | 4.9M | |
Other Current Liab | 1.9M | 359.3K | 3.4M | 3.0M | 716.9K | 816.1K | |
Total Current Liabilities | 2.0M | 810.3K | 5.4M | 4.7M | 3.5M | 3.7M | |
Total Stockholder Equity | (1.6M) | 9.6M | 4.4M | 26.6M | 5.8M | 2.9M | |
Property Plant And Equipment Net | 10.6K | 159K | 168K | 2.4M | 209.7K | 391.7K | |
Net Debt | (243.6K) | (9.7M) | (11.4M) | (27.6M) | (6.5M) | (6.1M) | |
Retained Earnings | (42.8M) | (45.8M) | (64.4M) | (78.4M) | (104.4M) | (99.1M) | |
Accounts Payable | 152.7K | 267.7K | 2.1M | 1.7M | 2.8M | 2.9M | |
Cash | 283.3K | 9.9M | 11.4M | 27.6M | 6.5M | 3.3M | |
Non Current Assets Total | 21.6K | 159K | 168K | 2.4M | 1.4M | 779.5K | |
Cash And Short Term Investments | 283.3K | 9.9M | 11.4M | 27.6M | 6.5M | 3.3M | |
Net Receivables | 121.8K | 68.6K | 182.7K | 49.0K | 44.1K | 41.9K | |
Common Stock Shares Outstanding | 5.0 | 10.0 | 201.34 | 2.5M | 2.9M | 3.1M | |
Liabilities And Stockholders Equity | 468.9K | 10.4M | 11.8M | 31.3M | 9.3M | 4.9M | |
Other Current Assets | 95.3K | 168.7K | 156.2K | 1.3M | 1.4M | 1.5M | |
Other Stockholder Equity | 39.3M | 55.3M | 68.7M | 105.0M | 110.1M | 115.6M | |
Total Liab | 2.0M | 825K | 7.4M | 4.7M | 3.5M | 2.0M | |
Total Current Assets | 447.3K | 10.2M | 11.6M | 28.9M | 7.9M | 4.1M | |
Common Stock | 300.0 | 3.8K | 6.4K | 26.3K | 2.0K | 1.9K | |
Property Plant And Equipment Gross | 10.6K | 147.74 | 707.2K | 841.4K | 890.4K | 934.9K | |
Capital Surpluse | 35.6M | 37.3M | 39.3M | 55.3M | 63.6M | 44.5M | |
Property Plant Equipment | 31.2K | 11.4K | 10.6K | 147.7K | 169.9K | 178.4K | |
Net Invested Capital | (3.5M) | 9.7M | 4.4M | 26.6M | 5.8M | 6.0M | |
Net Working Capital | (1.6M) | 9.4M | 6.2M | 24.2M | 4.4M | 6.5M | |
Capital Stock | 1.9M | 79.9K | 6.4K | 26.3K | 2.0K | 1.9K |
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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.Additional Tools for GeoVax Stock Analysis
When running GeoVax Labs' price analysis, check to measure GeoVax Labs' 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 GeoVax Labs is operating at the current time. Most of GeoVax Labs' value examination focuses on studying past and present price action to predict the probability of GeoVax Labs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GeoVax Labs' price. Additionally, you may evaluate how the addition of GeoVax Labs to your portfolios can decrease your overall portfolio volatility.