Red Historical Balance Sheet

RMX Stock   0.01  0  11.11%   
Trend analysis of Red Mountain Mining balance sheet accounts such as Cash of 856.6 K, Net Receivables of 84.6 K, Short Term Investments of 64.7 K or Total Liab of 335.1 K provides information on Red Mountain's total assets, liabilities, and equity, which is the actual value of Red Mountain Mining to its prevalent stockholders. By breaking down trends over time using Red Mountain 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.
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Red Mountain Mining 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 Red Mountain Mining is a good buy for the upcoming year.

Red Mountain Inventory

34,100.85

  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Mountain 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 board of governors.

About Red Balance Sheet Analysis

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

Red Mountain Balance Sheet Chart

At this time, Red Mountain's Total Current Assets are comparatively stable compared to the past year. Short Term Debt is likely to gain to about 162.1 K in 2024, whereas Net Tangible Assets are likely to drop slightly above 2.4 M in 2024.

Total Assets

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

Cash

Cash refers to the most liquid asset of Red Mountain Mining, which is listed under current asset account on Red Mountain Mining balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Red Mountain customers. The amounts must be unrestricted with restricted cash listed in a different Red Mountain account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most accounts from Red Mountain's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Red Mountain 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Mountain 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 board of governors.
At this time, Red Mountain's Total Current Assets are comparatively stable compared to the past year. Short Term Debt is likely to gain to about 162.1 K in 2024, whereas Net Tangible Assets are likely to drop slightly above 2.4 M in 2024.
 2021 2022 2023 2024 (projected)
Total Current Liabilities165.3K383K194.5K193.9K
Total Assets4.7M3.3M2.5M2.6M

Red Mountain balance sheet Correlations

0.841.00.310.33-0.25-0.030.730.340.14-0.190.20.080.380.360.230.280.10.93-0.220.960.21-0.220.010.10.42
0.840.810.270.46-0.370.320.970.62-0.1-0.510.340.040.160.550.020.1-0.110.67-0.210.740.28-0.020.25-0.10.15
1.00.810.30.32-0.24-0.070.690.320.15-0.160.190.070.390.350.240.280.110.93-0.220.960.2-0.240.00.120.44
0.310.270.3-0.170.36-0.010.23-0.120.470.17-0.170.140.65-0.090.410.540.460.370.280.37-0.26-0.03-0.30.450.16
0.330.460.32-0.17-0.150.140.380.29-0.36-0.250.54-0.080.240.950.07-0.01-0.390.01-0.820.060.85-0.540.04-0.390.39
-0.25-0.37-0.240.36-0.15-0.41-0.36-0.470.340.46-0.420.450.52-0.10.470.310.27-0.160.29-0.21-0.36-0.07-0.320.27-0.02
-0.030.32-0.07-0.010.14-0.410.40.41-0.29-0.450.450.07-0.260.26-0.24-0.26-0.25-0.080.02-0.10.120.270.22-0.26-0.3
0.730.970.690.230.38-0.360.40.61-0.12-0.520.290.060.070.48-0.030.12-0.110.57-0.130.650.230.070.25-0.10.05
0.340.620.32-0.120.29-0.470.410.61-0.43-0.980.63-0.11-0.350.41-0.49-0.34-0.370.13-0.030.260.120.430.88-0.37-0.43
0.14-0.10.150.47-0.360.34-0.29-0.12-0.430.49-0.440.380.57-0.310.820.410.990.320.410.26-0.44-0.11-0.470.990.41
-0.19-0.51-0.160.17-0.250.46-0.45-0.52-0.980.49-0.640.130.44-0.380.570.40.410.030.01-0.1-0.11-0.5-0.90.410.52
0.20.340.19-0.170.54-0.420.450.290.63-0.44-0.64-0.09-0.160.57-0.37-0.22-0.39-0.07-0.430.040.490.050.42-0.38-0.14
0.080.040.070.14-0.080.450.070.06-0.110.380.13-0.090.210.150.34-0.110.290.120.490.1-0.480.39-0.20.29-0.22
0.380.160.390.650.240.52-0.260.07-0.350.570.44-0.160.210.220.810.770.540.41-0.160.340.14-0.58-0.480.530.68
0.360.550.35-0.090.95-0.10.260.480.41-0.31-0.380.570.150.220.07-0.13-0.350.04-0.620.110.67-0.310.13-0.350.21
0.230.020.240.410.070.47-0.24-0.03-0.490.820.57-0.370.340.810.070.520.780.330.030.23-0.06-0.48-0.580.780.67
0.280.10.280.54-0.010.31-0.260.12-0.340.410.4-0.22-0.110.77-0.130.520.440.36-0.120.310.14-0.52-0.40.440.58
0.1-0.110.110.46-0.390.27-0.25-0.11-0.370.990.41-0.390.290.54-0.350.780.440.270.410.23-0.42-0.09-0.391.00.4
0.930.670.930.370.01-0.16-0.080.570.130.320.03-0.070.120.410.040.330.360.270.010.98-0.05-0.17-0.110.270.43
-0.22-0.21-0.220.28-0.820.290.02-0.13-0.030.410.01-0.430.49-0.16-0.620.03-0.120.410.010.0-0.980.770.140.41-0.59
0.960.740.960.370.06-0.21-0.10.650.260.26-0.10.040.10.340.110.230.310.230.980.0-0.02-0.1-0.010.230.35
0.210.280.2-0.260.85-0.360.120.230.12-0.44-0.110.49-0.480.140.67-0.060.14-0.42-0.05-0.98-0.02-0.72-0.08-0.420.53
-0.22-0.02-0.24-0.03-0.54-0.070.270.070.43-0.11-0.50.050.39-0.58-0.31-0.48-0.52-0.09-0.170.77-0.1-0.720.53-0.08-0.9
0.010.250.0-0.30.04-0.320.220.250.88-0.47-0.90.42-0.2-0.480.13-0.58-0.4-0.39-0.110.14-0.01-0.080.53-0.38-0.58
0.1-0.10.120.45-0.390.27-0.26-0.1-0.370.990.41-0.380.290.53-0.350.780.441.00.270.410.23-0.42-0.08-0.380.39
0.420.150.440.160.39-0.02-0.30.05-0.430.410.52-0.14-0.220.680.210.670.580.40.43-0.590.350.53-0.9-0.580.39
Click cells to compare fundamentals

Red Mountain Account Relationship Matchups

Red Mountain balance sheet Accounts

201920202021202220232024 (projected)
Total Assets2.3M3.9M4.7M3.3M2.5M2.6M
Total Current Liabilities303.8K530.1K165.3K383K194.5K193.9K
Total Stockholder Equity1.8M2.8M4.6M2.8M2.3M2.3M
Accounts Payable131.6K102.0K62.3K257.6K16.8K15.9K
Cash1.4M1.7M1.7M978.6K428.4K856.6K
Net Receivables4.8K67.2K62.0K45.6K62.6K84.6K
Short Term Investments408.4K137.8K(63.5K)51.3K59.1K64.7K
Total Liab487.4K1.1M165.3K497.4K218.2K335.1K
Common Stock42.3M44.5M47.4M50.0M51.9M54.5M
Net Tangible Assets1.8M2.8M4.6M2.8M2.5M2.4M
Retained Earnings(51.2M)(52.8M)(54.3M)(58.7M)(61.4M)(58.4M)
Other Stockholder Equity0.010.7M1.011.4M1.151.21
Total Current Assets2.0M2.0M1.8M1.1M618.8K970.4K
Other Current Liab25.6K273.1K73.5K43.0K94.3K160.0K
Property Plant Equipment319.5K1.9M2.8M2.1M1.9M1.8M
Property Plant And Equipment Net319.5K172.1K24.6K190.4K1.8M1.2M
Net Debt(1.1M)(1.1M)(1.6M)(781.7K)(321.3K)(337.3K)
Non Current Assets Total319.5K1.9M2.9M2.1M1.9M1.6M
Cash And Short Term Investments1.9M1.9M1.7M1.0M479.8K755.3K
Common Stock Shares Outstanding851.4M1.2B1.5B1.9B2.7B2.9B
Liabilities And Stockholders Equity2.3M3.9M4.7M3.3M2.5M4.4M
Property Plant And Equipment Gross319.5K2.1M3.3M2.2M2.0M1.9M
Accumulated Other Comprehensive Income10.7M11.2M11.4M11.5M11.8M9.4M
Other Current Assets89.7K76.4K49.5K29.6K76.5K54.7K
Current Deferred Revenue25.4K272.7K73.3K42.8K87.8K92.1K
Non Currrent Assets Other(38.8K)(646.0)0.01.7M2.8M1.9M
Cash And Equivalents1.4M1.7M1.7M978.6K880.7K1.4M
Net Invested Capital1.8M3.3M4.6M2.8M2.3M2.7M
Net Working Capital1.7M1.5M1.6M766.1K424.3K403.1K
Capital Stock42.3M44.5M47.4M50.0M51.9M50.9M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Red Stock Analysis

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