Millbank Historical Balance Sheet

MILL Stock   0.48  0.01  2.13%   
Trend analysis of Millbank Mining Corp balance sheet accounts such as Property Plant And Equipment Net of 164.6 K provides information on Millbank Mining's total assets, liabilities, and equity, which is the actual value of Millbank Mining Corp to its prevalent stockholders. By breaking down trends over time using Millbank 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.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Millbank Mining 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.

About Millbank Balance Sheet Analysis

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

Millbank Mining Balance Sheet Chart

At this time, Millbank Mining's Total Assets are fairly stable compared to the past year. Total Current Liabilities is likely to climb to about 21.8 K in 2024, whereas Retained Earnings are likely to drop (565.8 K) in 2024.

Total Assets

Total assets refers to the total amount of Millbank Mining 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 Millbank Mining Corp 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 Millbank Mining balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Millbank Mining Corp 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.

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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most accounts from Millbank Mining's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Millbank Mining Corp 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Millbank Mining 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 this time, Millbank Mining's Total Assets are fairly stable compared to the past year. Total Current Liabilities is likely to climb to about 21.8 K in 2024, whereas Retained Earnings are likely to drop (565.8 K) in 2024.
 2021 2022 2023 2024 (projected)
Total Current Liabilities23.8K21.0K18.9K21.8K
Total Assets421.6K323.7K291.3K335.1K

Millbank Mining balance sheet Correlations

Millbank Mining Account Relationship Matchups

Thematic Opportunities

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Additional Tools for Millbank Stock Analysis

When running Millbank Mining's price analysis, check to measure Millbank Mining's 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 Millbank Mining is operating at the current time. Most of Millbank Mining's value examination focuses on studying past and present price action to predict the probability of Millbank Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Millbank Mining's price. Additionally, you may evaluate how the addition of Millbank Mining to your portfolios can decrease your overall portfolio volatility.