Magna Historical Balance Sheet

NICU Stock   1.42  0.01  0.71%   
Trend analysis of Magna Mining balance sheet accounts such as Net Tangible Assets of 5.7 M provides information on Magna Mining's total assets, liabilities, and equity, which is the actual value of Magna Mining to its prevalent stockholders. By breaking down trends over time using Magna 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 Magna Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

About Magna Balance Sheet Analysis

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

Magna Mining Balance Sheet Chart

At this time, Magna Mining's Other Current Liabilities is fairly stable compared to the past year. Net Tangible Assets is likely to climb to about 5.7 M in 2024, whereas Other Liabilities is likely to drop slightly above 740.1 K in 2024.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Capital Lease Obligations

Magna Mining capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Magna Mining asset purchases. For example, Magna Mining can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Magna Mining control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most accounts from Magna Mining's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Magna Mining 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 Magna Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At this time, Magna Mining's Other Current Liabilities is fairly stable compared to the past year. Net Tangible Assets is likely to climb to about 5.7 M in 2024, whereas Other Liabilities is likely to drop slightly above 740.1 K in 2024.
 2021 2023 2024 (projected)
Total Current Liabilities1.5M4.6M2.4M
Other Current Liabilities593.4K682.4K716.5K

Magna Mining balance sheet Correlations

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Magna Mining Account Relationship Matchups

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Additional Tools for Magna Stock Analysis

When running Magna Mining's price analysis, check to measure Magna 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 Magna Mining is operating at the current time. Most of Magna Mining's value examination focuses on studying past and present price action to predict the probability of Magna 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 Magna Mining's price. Additionally, you may evaluate how the addition of Magna Mining to your portfolios can decrease your overall portfolio volatility.