Aspire Historical Balance Sheet
AKM Stock | 0.29 0.01 3.57% |
Trend analysis of Aspire Mining balance sheet accounts such as Total Current Liabilities of 296.2 K, Total Stockholder Equity of 45.4 M or Accounts Payable of 186.7 K provides information on Aspire Mining's total assets, liabilities, and equity, which is the actual value of Aspire Mining to its prevalent stockholders. By breaking down trends over time using Aspire 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.
Financial Statement Analysis is much more than just reviewing and examining Aspire 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 Aspire Mining is a good buy for the upcoming year.
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About Aspire Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Aspire Mining at a specified time, usually calculated after every quarter, six months, or one year. Aspire Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aspire 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 Aspire currently owns. An asset can also be divided into two categories, current and non-current.
Aspire Mining Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Aspire Mining 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 Aspire 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 Aspire Mining balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Aspire 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.Accounts Payable
An accounting item on the balance sheet that represents Aspire Mining obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Aspire Mining are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most accounts from Aspire Mining's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Aspire 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Aspire 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, Aspire Mining's Intangible Assets are comparatively stable compared to the past year. Cash And Equivalents is likely to gain to about 13.4 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 45.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 378.5K | 206.0K | 311.8K | 296.2K | Total Assets | 70.5M | 68.7M | 66.3M | 48.1M |
Aspire Mining balance sheet Correlations
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Aspire Mining balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 78.5M | 70.2M | 70.5M | 68.7M | 66.3M | 48.1M | |
Total Current Liabilities | 173.7K | 229.2K | 378.5K | 206.0K | 311.8K | 296.2K | |
Total Stockholder Equity | 78.7M | 70.3M | 70.6M | 69.0M | 66.6M | 45.4M | |
Accounts Payable | 130.6K | 152.9K | 270.4K | 16.2K | 152.2K | 186.7K | |
Cash | 40.7M | 34.2M | 32.0M | 12.9M | 10.2M | 12.7M | |
Net Receivables | 356.7K | 75.7K | 143.7K | 256.4K | 1.4M | 1.5M | |
Other Current Assets | 802.4K | 457.8K | 654.8K | 644.7K | 2.7M | 2.9M | |
Total Liab | 232.6K | 272.2K | 378.5K | 206.0K | 311.8K | 296.2K | |
Property Plant Equipment | 36.8M | 35.5M | 37.8M | 39.6M | 45.5M | 32.3M | |
Other Current Liab | 31.5K | 65.8K | 107.3K | 155.4K | 159.6K | 151.7K | |
Property Plant And Equipment Net | 304.3K | 421.7K | 389.9K | 361.2K | 40.1M | 42.1M | |
Net Debt | (40.6M) | (34.1M) | (32.0M) | (12.9M) | (10.2M) | (10.8M) | |
Retained Earnings | (64.3M) | (69.2M) | (68.7M) | (69.3M) | (91.1M) | (86.6M) | |
Non Current Assets Total | 36.9M | 35.5M | 37.9M | 39.6M | 40.1M | 34.9M | |
Cash And Short Term Investments | 40.7M | 34.2M | 32.0M | 28.0M | 23.5M | 15.2M | |
Common Stock Shares Outstanding | 300.6M | 433.4M | 507.6M | 507.6M | 583.8M | 613.0M | |
Liabilities And Stockholders Equity | 78.5M | 70.2M | 70.5M | 68.7M | 66.3M | 50.7M | |
Other Stockholder Equity | (15.0M) | (18.5M) | (10.7M) | (11.8M) | (1.0) | (1.05) | |
Property Plant And Equipment Gross | 36.8M | 35.5M | 37.8M | 40.4M | 46.5M | 34.3M | |
Total Current Assets | 41.5M | 34.7M | 32.6M | 29.0M | 26.2M | 15.9M | |
Accumulated Other Comprehensive Income | (7.0M) | (10.5M) | (10.7M) | (11.8M) | (29.3M) | (27.9M) | |
Short Term Debt | 12.1K | 11.6K | 10.5K | 859.0 | 773.1 | 734.45 | |
Intangible Assets | 171.1K | 76.9K | 28.0K | 9.3K | 23.2K | 45.8K | |
Short Long Term Debt Total | 85.5K | 70.5K | 53.5K | 859.0 | 773.1 | 734.45 | |
Non Currrent Assets Other | 36.5M | 35.0M | 37.4M | 39.2M | 45.1M | 30.8M | |
Long Term Debt | 3.2M | 73.4K | 58.9K | 43.0K | 38.7K | 36.7K | |
Short Long Term Debt | 3.2M | 12.1K | 11.6K | 10.5K | 9.5K | 9.0K | |
Net Tangible Assets | 78.6M | 70.3M | 70.6M | 69.0M | 79.3M | 56.9M | |
Net Invested Capital | 78.8M | 70.4M | 70.6M | 69.0M | 79.3M | 65.7M | |
Net Working Capital | 41.3M | 34.5M | 32.3M | 28.8M | 33.2M | 23.0M |
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When running Aspire Mining's price analysis, check to measure Aspire 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 Aspire Mining is operating at the current time. Most of Aspire Mining's value examination focuses on studying past and present price action to predict the probability of Aspire 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 Aspire Mining's price. Additionally, you may evaluate how the addition of Aspire Mining to your portfolios can decrease your overall portfolio volatility.