Galantas Historical Balance Sheet

GAL Stock

CAD 0.07 0.01 7.14%

Trend analysis of Galantas Gold Corp balance sheet accounts such as Total Stockholder Equity of 10.4 M or Net Debt of 8.3 M provides information on Galantas Gold's total assets, liabilities, and equity, which is the actual value of Galantas Gold Corp to its prevalent stockholders. By breaking down trends over time using Galantas 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.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Galantas Gold 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 Galantas Gold Corp is a good buy for the upcoming year.

Galantas Gold Inventory

17,274.8

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galantas 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 board of governors.

About Galantas Balance Sheet Analysis

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

Galantas Gold Balance Sheet Chart

At this time, Galantas Gold's Short Term Debt is fairly stable compared to the past year. Current Deferred Revenue is likely to climb to 2.42 in 2024, whereas Total Stockholder Equity is likely to drop slightly above 10.4 M in 2024.

Total Assets Total Current Liabilities Total Stockholder Equity Accounts Payable

Total Assets

Total assets refers to the total amount of Galantas Gold 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 Galantas Gold Corp 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 Galantas 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 Galantas 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.

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 Galantas 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 Galantas 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 Galantas Gold's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Galantas 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galantas 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 board of governors.

	2021	2022	2023	2024 (projected)
Total Current Liabilities	3.6M	14.0M	16.8M	17.6M
Total Assets	30.2M	30.3M	32.6M	17.1M

Total Current Liabilities Total Assets

Galantas Gold balance sheet Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Property Plant And Equipment Net	Non Currrent Assets Other	Short Term Investments	Inventory	Short Term Debt	Other Current Liab	Current Deferred Revenue	Common Stock	Other Assets	Other Current Assets
Total Assets		0.63	0.9	0.47	-0.8	0.7	0.36	0.98	0.36	0.37	0.68	0.63	-0.17	0.72	0.54	0.61	0.87	0.24	-0.43	-0.35	0.43	0.66	0.54	0.96	-0.13	0.53
Total Current Liabilities	0.63		0.41	0.76	-0.9	0.6	0.21	0.61	0.21	-0.13	0.89	0.43	-0.5	0.95	0.37	0.88	0.69	0.28	-0.83	-0.38	0.91	0.65	0.39	0.7	-0.58	0.91
Total Stockholder Equity	0.9	0.41		0.25	-0.62	0.51	0.37	0.88	0.37	0.51	0.49	0.61	-0.01	0.53	0.49	0.41	0.83	0.17	-0.31	-0.29	0.17	0.48	0.57	0.81	0.13	0.28
Net Debt	0.47	0.76	0.25		-0.8	0.41	-0.29	0.54	-0.29	-0.11	0.91	0.69	-0.52	0.84	-0.1	0.89	0.67	0.47	-0.7	-0.32	0.83	0.23	0.08	0.54	-0.69	0.87
Retained Earnings	-0.8	-0.9	-0.62	-0.8		-0.59	-0.12	-0.81	-0.12	0.01	-0.95	-0.68	0.51	-0.95	-0.3	-0.87	-0.86	-0.33	0.79	0.57	-0.77	-0.61	-0.49	-0.88	0.45	-0.86
Accounts Payable	0.7	0.6	0.51	0.41	-0.59		0.38	0.63	0.38	0.46	0.6	0.41	-0.08	0.62	0.62	0.57	0.47	0.6	-0.38	0.08	0.54	0.34	0.36	0.66	-0.4	0.65
Cash	0.36	0.21	0.37	-0.29	-0.12	0.38		0.18	1.0	0.31	0.05	0.09	0.35	0.2	0.95	0.17	0.11	-0.09	-0.17	-0.07	0.03	0.23	0.25	0.24	0.11	0.0
Non Current Assets Total	0.98	0.61	0.88	0.54	-0.81	0.63	0.18		0.18	0.31	0.7	0.64	-0.26	0.71	0.36	0.6	0.9	0.24	-0.42	-0.38	0.43	0.66	0.52	0.97	-0.13	0.54
Cash And Short Term Investments	0.36	0.21	0.37	-0.29	-0.12	0.38	1.0	0.18		0.31	0.05	0.09	0.35	0.2	0.95	0.17	0.11	-0.09	-0.17	-0.07	0.03	0.23	0.25	0.24	0.11	0.0
Net Receivables	0.37	-0.13	0.51	-0.11	0.01	0.46	0.31	0.31	0.31		-0.01	0.32	0.73	0.0	0.45	0.01	0.17	0.14	0.11	0.41	-0.19	-0.21	0.29	0.21	0.29	-0.12
Common Stock Shares Outstanding	0.68	0.89	0.49	0.91	-0.95	0.6	0.05	0.7	0.05	-0.01		0.74	-0.51	0.96	0.25	0.96	0.81	0.49	-0.76	-0.46	0.85	0.4	0.24	0.75	-0.67	0.94
Non Current Liabilities Total	0.63	0.43	0.61	0.69	-0.68	0.41	0.09	0.64	0.09	0.32	0.74		-0.13	0.68	0.23	0.74	0.73	0.44	-0.54	-0.34	0.43	-0.01	0.2	0.58	-0.28	0.52
Other Stockholder Equity	-0.17	-0.5	-0.01	-0.52	0.51	-0.08	0.35	-0.26	0.35	0.73	-0.51	-0.13		-0.45	0.31	-0.38	-0.35	-0.32	0.4	0.47	-0.52	-0.44	-0.02	-0.32	0.51	-0.59
Total Liab	0.72	0.95	0.53	0.84	-0.95	0.62	0.2	0.71	0.2	0.0	0.96	0.68	-0.45		0.38	0.96	0.8	0.38	-0.85	-0.42	0.89	0.52	0.38	0.76	-0.57	0.91
Total Current Assets	0.54	0.37	0.49	-0.1	-0.3	0.62	0.95	0.36	0.95	0.45	0.25	0.23	0.31	0.38		0.34	0.26	0.08	-0.27	0.01	0.21	0.29	0.33	0.42	-0.03	0.21
Short Long Term Debt Total	0.61	0.88	0.41	0.89	-0.87	0.57	0.17	0.6	0.17	0.01	0.96	0.74	-0.38	0.96	0.34		0.72	0.44	-0.82	-0.36	0.88	0.32	0.2	0.63	-0.66	0.89
Property Plant And Equipment Net	0.87	0.69	0.83	0.67	-0.86	0.47	0.11	0.9	0.11	0.17	0.81	0.73	-0.35	0.8	0.26	0.72		0.2	-0.51	-0.48	0.52	0.56	0.37	0.86	-0.3	0.63
Non Currrent Assets Other	0.24	0.28	0.17	0.47	-0.33	0.6	-0.09	0.24	-0.09	0.14	0.49	0.44	-0.32	0.38	0.08	0.44	0.2		-0.24	0.06	0.42	-0.2	-0.12	0.21	-0.53	0.54
Short Term Investments	-0.43	-0.83	-0.31	-0.7	0.79	-0.38	-0.17	-0.42	-0.17	0.11	-0.76	-0.54	0.4	-0.85	-0.27	-0.82	-0.51	-0.24		0.33	-0.82	-0.38	-0.56	-0.49	0.32	-0.74
Inventory	-0.35	-0.38	-0.29	-0.32	0.57	0.08	-0.07	-0.38	-0.07	0.41	-0.46	-0.34	0.47	-0.42	0.01	-0.36	-0.48	0.06	0.33		-0.15	-0.42	-0.13	-0.49	0.14	-0.27
Short Term Debt	0.43	0.91	0.17	0.83	-0.77	0.54	0.03	0.43	0.03	-0.19	0.85	0.43	-0.52	0.89	0.21	0.88	0.52	0.42	-0.82	-0.15		0.41	0.23	0.49	-0.7	0.93
Other Current Liab	0.66	0.65	0.48	0.23	-0.61	0.34	0.23	0.66	0.23	-0.21	0.4	-0.01	-0.44	0.52	0.29	0.32	0.56	-0.2	-0.38	-0.42	0.41		0.55	0.73	-0.04	0.4
Current Deferred Revenue	0.54	0.39	0.57	0.08	-0.49	0.36	0.25	0.52	0.25	0.29	0.24	0.2	-0.02	0.38	0.33	0.2	0.37	-0.12	-0.56	-0.13	0.23	0.55		0.55	0.44	0.18
Common Stock	0.96	0.7	0.81	0.54	-0.88	0.66	0.24	0.97	0.24	0.21	0.75	0.58	-0.32	0.76	0.42	0.63	0.86	0.21	-0.49	-0.49	0.49	0.73	0.55		-0.21	0.61
Other Assets	-0.13	-0.58	0.13	-0.69	0.45	-0.4	0.11	-0.13	0.11	0.29	-0.67	-0.28	0.51	-0.57	-0.03	-0.66	-0.3	-0.53	0.32	0.14	-0.7	-0.04	0.44	-0.21		-0.79
Other Current Assets	0.53	0.91	0.28	0.87	-0.86	0.65	0.0	0.54	0.0	-0.12	0.94	0.52	-0.59	0.91	0.21	0.89	0.63	0.54	-0.74	-0.27	0.93	0.4	0.18	0.61	-0.79

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Galantas Gold Account Relationship Matchups

Galantas Gold balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	24.7M	23.7M	30.2M	30.3M	32.6M	17.1M
Total Current Liabilities	8.5M	9.0M	3.6M	14.0M	16.8M	17.6M
Total Stockholder Equity	14.2M	14.1M	19.4M	14.7M	11.4M	10.4M
Net Debt	1.2M	1.6M	3.6M	3.8M	7.9M	8.3M
Retained Earnings	(45.3M)	(48.5M)	(53.8M)	(70.5M)	(79.0M)	(75.1M)
Accounts Payable	1.1M	423.6K	1.5M	2.5M	2.1M	1.1M
Cash	1.9M	612.1K	1.1M	1.0M	2.6M	1.3M
Non Current Assets Total	22.3M	22.4M	27.8M	27.4M	28.4M	15.0M
Cash And Short Term Investments	1.9M	612.1K	1.1M	1.0M	2.6M	1.3M
Net Receivables	347.1K	355.9K	998.7K	420.7K	108.3K	102.9K
Common Stock Shares Outstanding	30.8M	34.0M	64.1M	89.4M	111.9M	117.5M
Liabilities And Stockholders Equity	24.7M	23.7M	30.2M	30.3M	32.6M	17.1M
Non Current Liabilities Total	2.0M	598.3K	7.3M	1.7M	4.4M	4.6M
Other Stockholder Equity	9.4M	9.7M	15.4M	1.0	0.9	0.86
Total Liab	10.5M	9.6M	10.8M	15.6M	21.2M	22.3M
Total Current Assets	2.4M	1.3M	2.5M	2.9M	4.2M	2.1M
Short Long Term Debt Total	3.1M	2.2M	4.7M	4.8M	10.5M	11.0M
Property Plant And Equipment Net	21.8M	21.9M	27.3M	26.9M	23.1M	24.2M
Non Currrent Assets Other	508.8K	523.2K	1.0	4.8M	4.3M	4.5M
Inventory	70.3K	81.2K	108.8K	83.2K	18.2K	17.3K
Accumulated Other Comprehensive Income	9.4M	9.7M	15.4M	15.5M	18.6M	19.5M
Short Term Debt	1.6M	2.2M	416.0K	4.8M	7.9M	8.3M
Other Current Liab	5.8M	6.4M	1.7M	6.6M	6.7M	3.6M
Common Stock	50.1M	52.9M	57.8M	69.7M	71.8M	42.2M
Other Assets	515.2K	521.4K	514.0K	(1.0)	(0.9)	(0.85)
Other Current Assets	69.6K	239.0K	281.2K	1.4M	1.5M	1.6M
Other Liab	578.2K	580.3K	598.3K	3.0M	3.5M	3.7M
Net Tangible Assets	15.8M	14.2M	14.1M	19.4M	22.3M	12.1M
Short Long Term Debt	4.1M	6.1M	5.5M	4.8M	6.1M	3.4M
Property Plant Equipment	17.2M	21.8M	21.9M	27.3M	31.4M	17.4M
Long Term Debt	1.1M	1.4M	4.2M	1.9M	2.2M	1.4M
Net Invested Capital	21.8M	19.6M	23.6M	14.7M	19.4M	20.2M
Net Working Capital	(6.1M)	(7.7M)	(1.1M)	(11.0M)	(12.6M)	(12.0M)
Capital Stock	50.1M	52.9M	57.8M	69.7M	71.8M	64.3M

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Galantas Historical Balance Sheet

Galantas Gold Inventory

17,274.8

About Galantas Balance Sheet Analysis

Galantas Gold Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Accounts Payable

Galantas Gold balance sheet Correlations

Galantas Gold Account Relationship Matchups

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Galantas Gold balance sheet Accounts

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COMMON DESTINATIONS

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Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.98	Total Assets
Common Stock	+ 0.97	Non Current Assets Total
Common Stock	+ 0.96	Total Assets
Total Liab	+ 0.96	Common Stock Shares Outstanding
Short Long Term Debt Total	+ 0.96	Common Stock Shares Outstanding

Total Liab	- 0.95	Retained Earnings
Common Stock Shares Outstanding	- 0.95	Retained Earnings
Retained Earnings	- 0.9	Total Current Liabilities
Common Stock	- 0.88	Retained Earnings
Short Long Term Debt Total	- 0.87	Retained Earnings
Other Current Assets	- 0.86	Retained Earnings