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.
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.
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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
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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 Liabilities | 2.5B | 417.8M | 409.9M | 638.5M | Total Assets | 34.4B | 44.1B | 52.6B | 55.3B |
GEM balance sheet Correlations
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GEM Account Relationship Matchups
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GEM balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 26.8B | 29.7B | 34.4B | 44.1B | 52.6B | 55.3B | |
Other Current Liab | 1.1B | 1.4B | 2.5B | 417.8M | 409.9M | 638.5M | |
Total Current Liabilities | 12.0B | 13.6B | 13.9B | 15.1B | 22.2B | 23.3B | |
Total Stockholder Equity | 10.5B | 13.3B | 14.2B | 18.5B | 18.8B | 19.7B | |
Other Liab | 339.5M | 252.7M | 227.6M | 793.8M | 912.9M | 958.5M | |
Retained Earnings | 2.9B | 3.1B | 4.0B | 5.0B | 5.4B | 5.7B | |
Accounts Payable | 3.3B | 3.8B | 4.3B | 3.9B | 5.4B | 5.7B | |
Cash | 3.3B | 4.4B | 3.7B | 5.4B | 5.5B | 5.8B | |
Net Receivables | 3.0B | 2.5B | 5.0B | 5.3B | 6.9B | 7.3B | |
Inventory | 5.7B | 5.8B | 6.3B | 7.7B | 8.3B | 8.7B | |
Other Current Assets | 1.5B | 1.6B | 2.1B | 581.3M | 450.1M | 720.2M | |
Total Liab | 15.8B | 15.6B | 18.6B | 23.3B | 30.9B | 32.5B | |
Intangible Assets | 1.9B | 1.9B | 1.9B | 2.2B | 2.4B | 2.5B | |
Common Stock | 3.8B | 4.2B | 4.1B | 4.8B | 5.5B | 5.8B | |
Property Plant Equipment | 8.4B | 9.6B | 10.8B | 13.4B | 15.4B | 16.2B | |
Other Assets | 761.4M | 850.1M | 756.9M | 966.4M | 1.1B | 1.2B | |
Long Term Debt | 3.5B | 1.4B | 3.8B | 7.5B | 8.2B | 8.6B | |
Net Tangible Assets | 8.3B | 8.6B | 11.5B | 12.3B | 14.2B | 8.9B | |
Other Stockholder Equity | 34.5M | 40.1M | 33.6M | 27.0M | 24.3M | 34.0M | |
Deferred Long Term Liab | 112.1M | 125.9M | 152.5M | 153.5M | 176.5M | 112.6M | |
Short Long Term Debt | 6.2B | 6.6B | 5.6B | 4.4B | 6.6B | 5.8B | |
Total Current Assets | 13.6B | 15.1B | 17.0B | 22.0B | 24.6B | 16.4B | |
Non Current Assets Total | 13.3B | 14.6B | 17.4B | 22.1B | 28.1B | 17.6B | |
Non Currrent Assets Other | 616.6M | 512.4M | 693.6M | 625.0M | 1.7B | 1.7B | |
Non Current Liabilities Total | 3.8B | 2.0B | 4.7B | 8.2B | 8.7B | 5.5B | |
Net Debt | 5.4B | 3.6B | 5.7B | 6.5B | 9.2B | 7.0B | |
Common Stock Shares Outstanding | 4.2B | 4.1B | 4.8B | 5.1B | 5.9B | 5.0B | |
Net Invested Capital | 19.2B | 21.4B | 23.7B | 30.4B | 33.5B | 26.0B | |
Net Working Capital | 1.6B | 1.5B | 3.1B | 7.0B | 2.4B | 3.0B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.