GEM Historical Balance Sheet

002340 Stock   6.63  0.08  1.22%   
Trend analysis of GEM Co balance sheet accounts such as Other Current Liab of 638.5 M, Total Current Liabilities of 23.3 B or Total Stockholder Equity of 19.7 B provides information on GEM's total assets, liabilities, and equity, which is the actual value of GEM Co to its prevalent stockholders. By breaking down trends over time using GEM 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 GEM Co 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 GEM Co is a good buy for the upcoming year.

GEM Inventory

8.71 Billion

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GEM Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About GEM Balance Sheet Analysis

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

GEM Balance Sheet Chart

At present, GEM's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 638.5 M, whereas Good Will is forecasted to decline to about 56.7 M.

Total Assets

Total assets refers to the total amount of GEM 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 GEM Co 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 GEM balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of GEM Co 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.
Most accounts from GEM's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into GEM Co 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in GEM Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At present, GEM's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 638.5 M, whereas Good Will is forecasted to decline to about 56.7 M.
 2021 2022 2023 2024 (projected)
Other Current Liabilities2.5B417.8M409.9M638.5M
Total Assets34.4B44.1B52.6B55.3B

GEM balance sheet Correlations

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GEM Account Relationship Matchups

GEM balance sheet Accounts

201920202021202220232024 (projected)
Total Assets26.8B29.7B34.4B44.1B52.6B55.3B
Other Current Liab1.1B1.4B2.5B417.8M409.9M638.5M
Total Current Liabilities12.0B13.6B13.9B15.1B22.2B23.3B
Total Stockholder Equity10.5B13.3B14.2B18.5B18.8B19.7B
Other Liab339.5M252.7M227.6M793.8M912.9M958.5M
Retained Earnings2.9B3.1B4.0B5.0B5.4B5.7B
Accounts Payable3.3B3.8B4.3B3.9B5.4B5.7B
Cash3.3B4.4B3.7B5.4B5.5B5.8B
Net Receivables3.0B2.5B5.0B5.3B6.9B7.3B
Inventory5.7B5.8B6.3B7.7B8.3B8.7B
Other Current Assets1.5B1.6B2.1B581.3M450.1M720.2M
Total Liab15.8B15.6B18.6B23.3B30.9B32.5B
Intangible Assets1.9B1.9B1.9B2.2B2.4B2.5B
Common Stock3.8B4.2B4.1B4.8B5.5B5.8B
Property Plant Equipment8.4B9.6B10.8B13.4B15.4B16.2B
Other Assets761.4M850.1M756.9M966.4M1.1B1.2B
Long Term Debt3.5B1.4B3.8B7.5B8.2B8.6B
Net Tangible Assets8.3B8.6B11.5B12.3B14.2B8.9B
Other Stockholder Equity34.5M40.1M33.6M27.0M24.3M34.0M
Deferred Long Term Liab112.1M125.9M152.5M153.5M176.5M112.6M
Short Long Term Debt6.2B6.6B5.6B4.4B6.6B5.8B
Total Current Assets13.6B15.1B17.0B22.0B24.6B16.4B
Non Current Assets Total13.3B14.6B17.4B22.1B28.1B17.6B
Non Currrent Assets Other616.6M512.4M693.6M625.0M1.7B1.7B
Non Current Liabilities Total3.8B2.0B4.7B8.2B8.7B5.5B
Net Debt5.4B3.6B5.7B6.5B9.2B7.0B
Common Stock Shares Outstanding4.2B4.1B4.8B5.1B5.9B5.0B
Net Invested Capital19.2B21.4B23.7B30.4B33.5B26.0B
Net Working Capital1.6B1.5B3.1B7.0B2.4B3.0B

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Other Information on Investing in GEM Stock

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