Elemental Historical Balance Sheet

ELE Stock   1.19  0.01  0.83%   
Trend analysis of Elemental Royalties Corp balance sheet accounts such as Accounts Payable of 81.9 K or Net Receivables of 4.2 M provides information on Elemental Royalties' total assets, liabilities, and equity, which is the actual value of Elemental Royalties Corp to its prevalent stockholders. By breaking down trends over time using Elemental Royalties 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 Elemental Royalties Corp 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 Elemental Royalties Corp is a good buy for the upcoming year.

Elemental Royalties Inventory

23.99 Million

-22.1K1.019.9M22.8M24.0M100%
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elemental Royalties Corp. 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.

About Elemental Balance Sheet Analysis

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

Elemental Royalties Balance Sheet Chart

At this time, Elemental Royalties' Common Stock Shares Outstanding is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 224.5 M in 2025, despite the fact that Retained Earnings are likely to grow to (24.9 M).

Total Current Liabilities

Total Current Liabilities is an item on Elemental Royalties balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Elemental Royalties Corp 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.

Accounts Payable

An accounting item on the balance sheet that represents Elemental Royalties 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 Elemental Royalties Corp 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 Elemental Royalties' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Elemental Royalties Corp 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elemental Royalties Corp. 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, Elemental Royalties' Common Stock Shares Outstanding is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 224.5 M in 2025, despite the fact that Retained Earnings are likely to grow to (24.9 M).
 2022 2024 2025 (projected)
Net Tangible Assets146.4M168.4M176.8M
Total Current Liabilities7.4M2.3M2.3M

Elemental Royalties balance sheet Correlations

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Click cells to compare fundamentals

Elemental Royalties Account Relationship Matchups

Elemental Royalties balance sheet Accounts

202020212022202320242025 (projected)
Total Current Liabilities1.1M1.6M7.4M2.0M2.3M2.3M
Net Tangible Assets6.4M26.9M50.5M146.4M168.4M176.8M
Retained Earnings(3.0M)(7.7M)(25.9M)(29.2M)(26.3M)(24.9M)
Accounts Payable1.1M378K1.2M75K86.3K81.9K
Net Receivables1.1M2.1M2.5M3.4M4.0M4.2M
Other Stockholder Equity7.2K40K1.7M7.0M8.0M8.4M
Total Current Assets12.1M8.5M40.2M18.8M21.6M12.9M
Common Stock6.4M28.8M56.4M165.0M189.8M199.3M
Total Assets28.0M76.5M185.9M188.9M217.3M228.1M
Total Stockholder Equity26.9M50.5M146.4M155.2M178.5M187.4M
Property Plant And Equipment Net15.6M68.0M104.2M110.2M126.7M66.6M
Net Debt(10.9M)18.3M12.6M18.7M21.5M22.6M
Cash10.9M6.1M17.5M11.3M13.0M10.3M
Non Current Assets Total15.9M68.0M145.7M170.1M195.7M205.4M
Common Stock Shares Outstanding31.6M66.4M104.9M196.0M225.4M236.7M
Total Liab1.1M26.0M39.5M33.7M38.8M22.1M
Net Invested Capital26.9M74.9M176.4M185.2M213.0M223.6M
Property Plant And Equipment Gross15.6M68.0M115.5M127.3M146.4M153.7M
Capital Stock28.8M56.4M165.0M177.4M204.0M214.2M
Net Working Capital11.0M6.9M32.8M16.8M19.3M15.1M

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Additional Tools for Elemental Stock Analysis

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