True Historical Balance Sheet
TNC Stock | 3.00 2.97 9,900% |
Trend analysis of True North Copper balance sheet accounts such as Net Receivables of 606.7 K, Total Current Assets of 4.4 M, Common Stock of 80.9 M or Property Plant Equipment of 82.4 M provides information on True North's total assets, liabilities, and equity, which is the actual value of True North Copper to its prevalent stockholders. By breaking down trends over time using True North 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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About True Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of True North Copper at a specified time, usually calculated after every quarter, six months, or one year. True North Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of True North 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 True currently owns. An asset can also be divided into two categories, current and non-current.
True North Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on True North balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of True North Copper 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.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.Total Assets
Total assets refers to the total amount of True North 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 True North Copper 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.Cash
Cash refers to the most liquid asset of True North Copper, which is listed under current asset account on True North Copper balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from True North customers. The amounts must be unrestricted with restricted cash listed in a different True North 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.Capital Lease Obligations
True North Copper capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to True North asset purchases. For example, True North can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as True North 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 True North's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into True North Copper 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 World Market Map to better understand how to build diversified portfolios, which includes a position in True North Copper. 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, True North's Property Plant And Equipment Net is comparatively stable compared to the past year. Cash is likely to gain to about 4.8 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 20.1 M in 2024.
2022 | 2023 | 2024 (projected) | Other Assets | 322.5K | 370.8K | 389.4K | Accounts Payable | 5.4M | 6.2M | 6.5M |
True North balance sheet Correlations
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True North balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Current Liabilities | 350.9K | 1.2M | 5.8M | 16.6M | 19.1M | 20.1M | |
Net Tangible Assets | 2.7M | 15.8M | (3.7M) | 29.6M | 34.0M | 35.7M | |
Retained Earnings | (884.9K) | (2.3M) | (3.7M) | (37.8M) | (34.0M) | (32.3M) | |
Accounts Payable | 339.7K | 1.1M | 286.5K | 5.4M | 6.2M | 6.5M | |
Net Receivables | 26.2K | 314.6K | 356.6K | 502.4K | 577.8K | 606.7K | |
Total Current Assets | 1.7M | 9.6M | 1.1M | 6.7M | 7.8M | 4.4M | |
Common Stock | 3.6M | 17.7M | 100.0 | 67.0M | 77.1M | 80.9M | |
Property Plant Equipment | 1.3M | 7.3M | 21.7M | 68.2M | 78.5M | 82.4M |
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When running True North's price analysis, check to measure True North'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 True North is operating at the current time. Most of True North's value examination focuses on studying past and present price action to predict the probability of True North's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move True North's price. Additionally, you may evaluate how the addition of True North to your portfolios can decrease your overall portfolio volatility.