AKITA Historical Balance Sheet

AKT-A Stock  CAD 1.60  0.05  3.03%   
Trend analysis of AKITA Drilling balance sheet accounts such as Other Current Liab of 9.3 M, Total Current Liabilities of 24.5 M or Total Stockholder Equity of 159.8 M provides information on AKITA Drilling's total assets, liabilities, and equity, which is the actual value of AKITA Drilling to its prevalent stockholders. By breaking down trends over time using AKITA Drilling 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 AKITA Drilling 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 AKITA Drilling is a good buy for the upcoming year.

AKITA Drilling Inventory

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AKITA Drilling. 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 AKITA Balance Sheet Analysis

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

AKITA Drilling Balance Sheet Chart

At this time, AKITA Drilling's Accumulated Other Comprehensive Income is comparatively stable compared to the past year. Net Tangible Assets is likely to gain to about 152.3 M in 2025, whereas Total Current Liabilities is likely to drop slightly above 24.5 M in 2025.

Total Assets

Total assets refers to the total amount of AKITA Drilling 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 AKITA Drilling 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 AKITA Drilling balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of AKITA Drilling 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 AKITA Drilling's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into AKITA Drilling 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 AKITA Drilling. 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 this time, AKITA Drilling's Accumulated Other Comprehensive Income is comparatively stable compared to the past year. Net Tangible Assets is likely to gain to about 152.3 M in 2025, whereas Total Current Liabilities is likely to drop slightly above 24.5 M in 2025.
 2022 2023 2024 2025 (projected)
Other Current Liabilities17.2M13.9M16.0M9.3M
Total Assets268.3M263.6M303.2M217.5M

AKITA Drilling balance sheet Correlations

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0.870.540.470.82-0.080.73-0.17-0.10.840.57-0.060.46-0.210.020.04-0.810.150.34-0.280.280.68-0.69-0.110.360.53
0.970.490.50.820.460.27-0.12-0.441.00.23-0.420.340.290.50.52-0.680.570.110.250.110.64-0.690.42-0.080.28
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-0.260.08-0.02-0.1-0.44-0.460.110.35-0.430.080.990.32-0.25-0.3-0.39-0.09-0.250.64-0.57-0.040.07-0.05-0.320.14-0.11
0.970.480.50.841.00.430.3-0.12-0.430.28-0.410.340.270.480.49-0.70.550.110.220.120.64-0.70.39-0.050.29
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-0.240.07-0.03-0.06-0.42-0.480.150.330.99-0.410.130.32-0.28-0.32-0.39-0.11-0.270.64-0.6-0.080.08-0.06-0.340.17-0.09
0.540.860.830.460.340.010.230.640.320.340.110.320.090.11-0.04-0.520.340.92-0.09-0.120.6-0.490.1-0.04-0.03
0.250.00.16-0.210.290.83-0.750.4-0.250.27-0.5-0.280.090.830.63-0.020.76-0.010.77-0.480.2-0.250.93-0.85-0.65
0.450.110.230.020.50.97-0.660.19-0.30.48-0.44-0.320.110.830.79-0.070.960.010.77-0.450.33-0.410.95-0.83-0.44
0.420.110.130.040.520.81-0.49-0.1-0.390.49-0.48-0.39-0.040.630.790.040.72-0.160.71-0.210.02-0.090.81-0.470.0
-0.76-0.57-0.42-0.81-0.680.06-0.54-0.02-0.09-0.7-0.46-0.11-0.52-0.02-0.070.04-0.17-0.430.16-0.1-0.870.890.01-0.09-0.09
0.570.340.50.150.570.92-0.540.35-0.250.55-0.32-0.270.340.760.960.72-0.170.220.67-0.380.44-0.480.88-0.76-0.38
0.350.720.660.340.11-0.140.20.640.640.110.10.640.92-0.010.01-0.16-0.430.22-0.29-0.170.53-0.42-0.020.0-0.07
0.14-0.030.04-0.280.250.85-0.730.07-0.570.22-0.65-0.6-0.090.770.770.710.160.67-0.29-0.310.0-0.070.83-0.78-0.47
0.070.040.10.280.11-0.380.53-0.38-0.040.120.41-0.08-0.12-0.48-0.45-0.21-0.1-0.38-0.17-0.31-0.250.14-0.460.60.6
0.730.60.490.680.640.190.270.220.070.640.220.080.60.20.330.02-0.870.440.530.0-0.25-0.950.21-0.23-0.15
-0.76-0.46-0.39-0.69-0.69-0.26-0.23-0.12-0.05-0.7-0.28-0.06-0.49-0.25-0.41-0.090.89-0.48-0.42-0.070.14-0.95-0.270.290.19
0.360.080.2-0.110.420.94-0.750.28-0.320.39-0.57-0.340.10.930.950.810.010.88-0.020.83-0.460.21-0.27-0.84-0.49
-0.050.09-0.050.36-0.08-0.820.85-0.40.14-0.050.550.17-0.04-0.85-0.83-0.47-0.09-0.760.0-0.780.6-0.230.29-0.840.83
0.260.180.060.530.28-0.420.71-0.55-0.110.290.34-0.09-0.03-0.65-0.440.0-0.09-0.38-0.07-0.470.6-0.150.19-0.490.83
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AKITA Drilling Account Relationship Matchups

AKITA Drilling balance sheet Accounts

202020212022202320242025 (projected)
Total Assets251.5M247.6M268.3M263.6M303.2M217.5M
Other Current Liab6.5M13.8M17.2M13.9M16.0M9.3M
Total Current Liabilities15.4M23.7M30.7M32.0M36.8M24.5M
Total Stockholder Equity152.3M131.5M137.9M156.0M179.4M159.8M
Property Plant And Equipment Net224.8M213.3M202.1M198.0M227.7M156.5M
Net Debt70.2M86.7M82.0M59.2M68.1M71.5M
Retained Earnings794K(20.2M)(15.9M)2.5M2.9M2.7M
Accounts Payable7.4M7.0M12.2M16.8M15.1M8.9M
Cash7.1M1.8M13.3M11.2M10.1M15.6M
Non Current Assets Total227.5M217.4M206.5M204.5M235.2M160.5M
Non Currrent Assets Other1.8M1.7M1.6M1.4M1.6M2.5M
Cash And Short Term Investments7.1M1.8M13.3M11.2M10.1M16.2M
Net Receivables15.1M27.2M46.9M47.1M54.2M33.3M
Liabilities And Stockholders Equity251.5M247.6M268.3M263.6M303.2M217.5M
Non Current Liabilities Total83.9M92.4M99.8M75.7M87.1M91.4M
Other Current Assets1.8M1.2M1.6M812K933.8K700.3K
Other Stockholder Equity5.2M5.5M5.7M6.1M5.5M8.9M
Total Liab99.3M116.1M130.4M107.7M123.8M130.0M
Total Current Assets24.1M30.2M61.8M59.1M68.0M57.0M
Short Long Term Debt Total77.3M88.5M95.3M70.4M81.0M43.5M
Short Term Debt1.0M2.7M990K645K580.5K551.5K
Current Deferred Revenue422K282K206K627K721.1K757.1K
Accumulated Other Comprehensive Income11K(35K)1.8M1.0M1.2M1.3M
Other Liab16.7M7.6M6.6M5.5M4.9M4.7M
Net Tangible Assets245.1M152.3M131.5M137.9M124.1M152.3M
Other Assets2.0M1.8M1.7M1.6M1.4M1.6M
Property Plant Equipment331.3M224.8M213.3M202.1M181.9M194.1M
Net Invested Capital226.6M217.6M231.4M225.5M203.0M201.1M
Long Term Investments887K2.4M2.9M5.1M5.9M3.4M
Net Working Capital8.7M6.5M31.1M27.1M31.2M16.4M
Long Term Debt74.3M84.4M93.5M69.5M80.0M86.3M
Capital Lease Obligations3.0M2.3M1.8M873K785.7K746.4K
Property Plant And Equipment Gross578.6M591.2M608.7M612.1M703.9M654.1M

Additional Tools for AKITA Stock Analysis

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