Eminent Historical Balance Sheet

EMNT Stock  CAD 0.29  0.02  6.45%   
Trend analysis of Eminent Gold Corp balance sheet accounts such as Accounts Payable of 303.5 K or Net Receivables of 26.9 K provides information on Eminent Gold's total assets, liabilities, and equity, which is the actual value of Eminent Gold Corp to its prevalent stockholders. By breaking down trends over time using Eminent Gold 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.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eminent Gold 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 estimate.

About Eminent Balance Sheet Analysis

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

Eminent Gold Balance Sheet Chart

At this time, Eminent Gold's Net Tangible Assets are fairly stable compared to the past year. Accounts Payable is likely to climb to about 303.5 K in 2024, despite the fact that Retained Earnings are likely to grow to (9.1 M).

Total Current Liabilities

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

Accounts Payable

An accounting item on the balance sheet that represents Eminent Gold 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 Eminent Gold 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 Eminent Gold's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Eminent Gold 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 Eminent Gold 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 estimate.
At this time, Eminent Gold's Net Tangible Assets are fairly stable compared to the past year. Accounts Payable is likely to climb to about 303.5 K in 2024, despite the fact that Retained Earnings are likely to grow to (9.1 M).
 2023 2024 (projected)
Net Receivables25.6K26.9K
Accounts Payable289.1K303.5K

Eminent Gold balance sheet Correlations

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0.820.86-0.920.870.890.40.880.770.750.740.690.270.730.830.640.730.820.290.860.760.72
0.710.99-0.870.871.00.630.980.750.880.870.690.50.820.940.50.870.770.530.920.80.72
0.750.99-0.880.891.00.630.990.790.880.870.720.50.820.940.50.870.80.540.920.80.72
0.310.68-0.240.40.630.630.660.610.680.70.640.960.490.65-0.050.690.480.990.50.370.04
0.71.0-0.880.880.980.990.660.840.880.880.770.540.80.960.410.870.840.580.920.790.72
0.650.82-0.710.770.750.790.610.840.720.720.960.520.640.820.190.720.930.560.750.630.57
0.720.89-0.690.750.880.880.680.880.721.00.710.470.970.920.471.00.670.610.920.920.63
0.70.89-0.680.740.870.870.70.880.721.00.710.490.960.920.441.00.670.620.910.920.62
0.660.76-0.630.690.690.720.640.770.960.710.710.550.640.830.210.710.940.590.760.570.56
0.140.55-0.120.270.50.50.960.540.520.470.490.550.240.5-0.210.480.410.970.320.12-0.12
0.760.81-0.710.730.820.820.490.80.640.970.960.640.240.880.580.970.630.40.920.970.74
0.750.96-0.840.830.940.940.650.960.820.920.920.830.50.880.450.920.860.580.980.830.78
0.810.39-0.590.640.50.5-0.050.410.190.470.440.21-0.210.580.450.450.36-0.180.610.570.6
0.70.88-0.680.730.870.870.690.870.721.01.00.710.480.970.920.450.660.620.910.920.62
0.740.82-0.820.820.770.80.480.840.930.670.670.940.410.630.860.360.660.420.830.60.73
0.190.6-0.140.290.530.540.990.580.560.610.620.590.970.40.58-0.180.620.420.410.28-0.05
0.820.92-0.880.860.920.920.50.920.750.920.910.760.320.920.980.610.910.830.410.890.86
0.720.79-0.760.760.80.80.370.790.630.920.920.570.120.970.830.570.920.60.280.890.75
0.70.71-0.890.720.720.720.040.720.570.630.620.56-0.120.740.780.60.620.73-0.050.860.75
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Eminent Gold Account Relationship Matchups

Eminent Gold balance sheet Accounts

201920202021202220232024 (projected)
Total Current Liabilities23.8K133.6K277.9K245.0K334.9K207.3K
Net Tangible Assets(104.6K)(218.2K)676.0K2.3M2.6M2.8M
Retained Earnings(1.4M)(2.7M)(3.9M)(5.4M)(9.6M)(9.1M)
Accounts Payable14.3K63.9K251.8K126.1K289.1K303.5K
Total Current Assets699.8K1.6M1.6M613.2K305.0K289.8K
Total Assets699.8K2.4M4.9M5.6M3.1M2.6M
Total Stockholder Equity676.0K2.3M4.6M5.4M2.7M2.4M
Cash697.8K1.6M1.2M96.4K207.0K196.7K
Common Stock Shares Outstanding25.0M36.2M41.0M44.9M49.7M35.7M
Total Liab23.8K133.6K277.9K245.0K334.9K223.9K
Net Invested Capital676.0K2.3M4.6M5.4M2.7M2.4M
Net Working Capital676.0K1.5M1.3M368.2K(29.8K)(28.4K)
Capital Stock2.0M4.2M7.5M9.3M10.7M6.4M

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Additional Tools for Eminent Stock Analysis

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