New Historical Balance Sheet

NAM Stock  CAD 0.09  0.01  5.56%   
Trend analysis of New Age Metals balance sheet accounts such as Property Plant And Equipment Net of 10.2 M provides information on New Age's total assets, liabilities, and equity, which is the actual value of New Age Metals to its prevalent stockholders. By breaking down trends over time using New Age 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.
 
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Financial Statement Analysis is much more than just reviewing and examining New Age Metals 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 New Age Metals is a good buy for the upcoming year.

New Age Inventory

1.21

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Age Metals. 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 New Balance Sheet Analysis

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

New Age Balance Sheet Chart

At this time, New Age's Accumulated Other Comprehensive Income is fairly stable compared to the past year. Inventory is likely to climb to 1.21 in 2024, whereas Total Stockholder Equity is likely to drop slightly above 8.7 M in 2024.

Total Current Liabilities

Total Current Liabilities is an item on New Age balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of New Age Metals 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.

Accounts Payable

An accounting item on the balance sheet that represents New Age 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 New Age Metals 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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Liabilities And Stockholders Equity

The total of all liabilities and equity in the company, which should equal the company's total assets according to the accounting equation.
Most accounts from New Age's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into New Age Metals 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 New Age Metals. 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, New Age's Accumulated Other Comprehensive Income is fairly stable compared to the past year. Inventory is likely to climb to 1.21 in 2024, whereas Total Stockholder Equity is likely to drop slightly above 8.7 M in 2024.
 2021 2022 2023 2024 (projected)
Total Current Liabilities283.2K289.0K1.8M1.9M
Total Assets15.1M14.6M15.4M9.4M

New Age balance sheet Correlations

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0.430.380.6-0.41-0.340.990.10.580.580.220.750.01-0.38-0.060.550.370.13-0.070.20.150.620.53-0.93-0.930.66
0.990.380.85-0.69-0.190.30.640.840.440.730.590.51-0.26-0.06-0.290.780.310.370.410.230.870.42-0.2-0.20.68
0.850.60.85-0.37-0.160.560.211.00.370.330.750.27-0.090.13-0.040.440.080.420.060.290.830.31-0.52-0.520.57
-0.71-0.41-0.69-0.370.25-0.33-0.95-0.36-0.59-0.97-0.48-0.550.530.350.0-0.99-0.520.12-0.790.04-0.74-0.570.290.29-0.71
-0.18-0.34-0.19-0.160.25-0.32-0.17-0.14-0.67-0.18-0.38-0.560.64-0.040.03-0.240.410.38-0.36-0.8-0.04-0.590.250.25-0.53
0.360.990.30.56-0.33-0.320.010.550.560.120.76-0.01-0.36-0.090.580.280.01-0.150.120.110.580.51-0.94-0.940.64
0.630.10.640.21-0.95-0.170.010.20.460.980.260.62-0.46-0.36-0.210.950.53-0.090.78-0.070.590.450.010.010.54
0.850.580.841.0-0.36-0.140.550.20.340.320.730.25-0.060.15-0.050.430.080.440.050.280.830.29-0.51-0.510.55
0.430.580.440.37-0.59-0.670.560.460.340.470.570.69-0.89-0.58-0.030.55-0.07-0.460.50.270.530.91-0.48-0.480.76
0.730.220.730.33-0.97-0.180.120.980.320.470.330.57-0.45-0.3-0.170.990.570.010.78-0.020.670.47-0.07-0.070.62
0.640.750.590.75-0.48-0.380.760.260.730.570.330.46-0.34-0.090.390.48-0.07-0.180.130.150.760.46-0.69-0.690.81
0.490.010.510.27-0.55-0.56-0.010.620.250.690.570.46-0.66-0.46-0.320.57-0.1-0.390.410.240.390.590.090.090.62
-0.23-0.38-0.26-0.090.530.64-0.36-0.46-0.06-0.89-0.45-0.34-0.660.580.2-0.470.050.52-0.46-0.22-0.32-0.960.280.28-0.59
-0.05-0.06-0.060.130.35-0.04-0.09-0.360.15-0.58-0.3-0.09-0.460.580.08-0.29-0.140.53-0.30.48-0.24-0.520.00.0-0.32
-0.190.55-0.29-0.040.00.030.58-0.21-0.05-0.03-0.170.39-0.320.20.08-0.070.07-0.34-0.03-0.260.03-0.2-0.59-0.590.23
0.790.370.780.44-0.99-0.240.280.950.430.550.990.480.57-0.47-0.29-0.070.54-0.010.760.020.760.52-0.21-0.210.72
0.330.130.310.08-0.520.410.010.530.08-0.070.57-0.07-0.10.05-0.140.070.540.390.36-0.410.340.0-0.02-0.020.09
0.34-0.070.370.420.120.38-0.15-0.090.44-0.460.01-0.18-0.390.520.53-0.34-0.010.39-0.250.170.14-0.350.130.13-0.31
0.420.20.410.06-0.79-0.360.120.780.050.50.780.130.41-0.46-0.3-0.030.760.36-0.250.10.390.42-0.09-0.090.53
0.20.150.230.290.04-0.80.11-0.070.280.27-0.020.150.24-0.220.48-0.260.02-0.410.170.1-0.090.24-0.08-0.080.17
0.880.620.870.83-0.74-0.040.580.590.830.530.670.760.39-0.32-0.240.030.760.340.140.39-0.090.5-0.54-0.540.73
0.390.530.420.31-0.57-0.590.510.450.290.910.470.460.59-0.96-0.52-0.20.520.0-0.350.420.240.5-0.43-0.430.64
-0.24-0.93-0.2-0.520.290.25-0.940.01-0.51-0.48-0.07-0.690.090.280.0-0.59-0.21-0.020.13-0.09-0.08-0.54-0.431.0-0.46
-0.24-0.93-0.2-0.520.290.25-0.940.01-0.51-0.48-0.07-0.690.090.280.0-0.59-0.21-0.020.13-0.09-0.08-0.54-0.431.0-0.46
0.730.660.680.57-0.71-0.530.640.540.550.760.620.810.62-0.59-0.320.230.720.09-0.310.530.170.730.64-0.46-0.46
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New Age Account Relationship Matchups

New Age balance sheet Accounts

201920202021202220232024 (projected)
Total Assets4.7M12.9M15.1M14.6M15.4M9.4M
Total Current Liabilities101.5K337.4K283.2K289.0K1.8M1.9M
Total Stockholder Equity4.6M12.5M14.8M14.2M13.6M8.7M
Property Plant And Equipment Net2.7M3.3M6.9M9.2M9.7M10.2M
Net Debt(1.8M)(8.6M)(7.2M)(4.1M)(4.7M)(5.0M)
Retained Earnings(47.5M)(48.3M)(49.5M)(50.1M)(50.8M)(48.2M)
Accounts Payable46.0K45.6K222.4K118.1K1.6M1.7M
Cash1.8M8.6M7.2M4.3M2.3M2.7M
Non Current Assets Total2.7M3.3M6.9M9.2M9.7M10.2M
Cash And Short Term Investments1.9M8.9M7.3M4.5M4.0M3.2M
Net Receivables63.9K100.2K762.9K796.8K916.3K962.1K
Common Stock Shares Outstanding103.2M111.0M209.0M222.1M55.6M48.0M
Liabilities And Stockholders Equity4.7M12.9M15.1M14.6M16.8M9.1M
Other Stockholder Equity14.5M17.1M18.2M18.2M20.9M25.0M
Total Liab113.3K337.4K283.2K404.0K1.9M2.0M
Total Current Assets2.1M9.6M8.2M5.4M5.8M4.8M
Other Current Liab21.9K263.0K60.9K141.6K127.4K121.0K
Short Term Investments109.4K237.2K134.9K222.5K231.8K220.2K
Other Current Assets61.7K570.5K136.8K133.6K153.6K115.6K
Accumulated Other Comprehensive Income14.5M17.1M18.2M18.2M20.9M22.0M
Net Tangible Assets4.6M12.5M14.8M14.2M16.4M17.2M
Common Stock37.7M43.7M46.1M46.1M53.0M42.5M
Property Plant Equipment2.7M3.3M6.9M9.2M10.6M11.1M
Net Invested Capital4.6M12.5M14.8M14.2M13.6M9.5M
Net Working Capital2.0M9.2M7.9M5.1M4.0M4.6M
Capital Stock37.7M43.7M46.1M46.1M46.1M47.0M

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