Gen Historical Balance Sheet

GIII Stock  CAD 0.34  0.02  6.25%   
Trend analysis of Gen III Oil balance sheet accounts such as Property Plant And Equipment Net of 180.5 K or Net Debt of 812.3 K provides information on Gen III's total assets, liabilities, and equity, which is the actual value of Gen III Oil to its prevalent stockholders. By breaking down trends over time using Gen III 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 Gen III Oil 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 Gen III Oil is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gen III Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

About Gen Balance Sheet Analysis

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

Gen III Balance Sheet Chart

At this time, Gen III's Non Current Liabilities Total is fairly stable compared to the past year. Net Tangible Assets is likely to climb to about 6.9 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 1.2 M in 2024.

Total Assets

Total assets refers to the total amount of Gen III 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 Gen III Oil 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 Gen III balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Gen III Oil 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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Accounts Payable

An accounting item on the balance sheet that represents Gen III 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 Gen III Oil 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 Gen III's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Gen III Oil 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 Gen III Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Gen III's Non Current Liabilities Total is fairly stable compared to the past year. Net Tangible Assets is likely to climb to about 6.9 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 1.2 M in 2024.
 2021 2022 2023 2024 (projected)
Total Current Liabilities800.4K2.0M1.9M1.2M
Total Assets8.5M1.2M2.7M2.5M

Gen III balance sheet Correlations

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-0.04-0.280.150.64-0.45-0.03-0.290.14-0.280.00.4-0.01-0.270.92-0.28-0.130.20.350.530.85-0.71-0.410.330.76-0.13
0.96-0.280.85-0.850.630.30.920.870.920.35-0.420.250.69-0.310.920.650.170.230.16-0.320.370.69-0.41-0.110.06
0.930.150.85-0.460.530.210.681.00.680.27-0.310.220.560.140.680.460.270.350.350.110.040.58-0.340.310.04
-0.70.64-0.85-0.46-0.53-0.32-0.88-0.49-0.88-0.290.39-0.25-0.620.68-0.88-0.59-0.06-0.050.090.69-0.6-0.590.340.53-0.06
0.55-0.450.630.53-0.530.120.460.540.460.24-0.89-0.30.45-0.370.450.37-0.140.220.18-0.370.160.8-0.82-0.040.35
0.27-0.030.30.21-0.320.120.290.220.280.53-0.20.30.44-0.150.290.22-0.240.520.4-0.19-0.030.11-0.28-0.110.53
0.89-0.290.920.68-0.880.460.290.711.00.36-0.250.220.63-0.271.00.80.010.20.13-0.260.390.57-0.25-0.11-0.02
0.950.140.871.0-0.490.540.220.710.710.29-0.320.20.570.130.710.510.250.350.350.10.050.59-0.350.310.04
0.89-0.280.920.68-0.880.460.281.00.710.36-0.250.220.63-0.271.00.80.010.20.13-0.260.390.57-0.25-0.11-0.02
0.350.00.350.27-0.290.240.530.360.290.36-0.32-0.170.64-0.020.370.330.00.460.43-0.05-0.060.15-0.360.110.13
-0.320.4-0.42-0.310.39-0.89-0.2-0.25-0.32-0.25-0.320.39-0.40.36-0.25-0.240.08-0.48-0.410.390.09-0.580.950.06-0.58
0.23-0.010.250.22-0.25-0.30.30.220.20.22-0.170.390.11-0.120.23-0.170.09-0.08-0.13-0.150.33-0.060.38-0.23-0.06
0.65-0.270.690.56-0.620.450.440.630.570.630.64-0.40.11-0.30.630.360.280.340.24-0.30.380.67-0.47-0.07-0.04
-0.040.92-0.310.140.68-0.37-0.15-0.270.13-0.27-0.020.36-0.12-0.3-0.270.01-0.030.280.450.98-0.69-0.340.30.92-0.09
0.9-0.280.920.68-0.880.450.291.00.711.00.37-0.250.230.63-0.270.80.020.20.13-0.260.390.57-0.25-0.11-0.02
0.68-0.130.650.46-0.590.370.220.80.510.80.33-0.24-0.170.360.010.8-0.250.240.180.040.060.35-0.220.170.16
0.160.20.170.27-0.06-0.14-0.240.010.250.010.00.080.090.28-0.030.02-0.250.050.07-0.120.020.010.04-0.14-0.37
0.320.350.230.35-0.050.220.520.20.350.20.46-0.48-0.080.340.280.20.240.050.950.21-0.610.02-0.610.360.59
0.290.530.160.350.090.180.40.130.350.130.43-0.41-0.130.240.450.130.180.070.950.36-0.71-0.01-0.510.510.44
-0.050.85-0.320.110.69-0.37-0.19-0.260.1-0.26-0.050.39-0.15-0.30.98-0.260.04-0.120.210.36-0.64-0.320.310.92-0.12
0.2-0.710.370.04-0.60.16-0.030.390.050.39-0.060.090.330.38-0.690.390.060.02-0.61-0.71-0.640.490.17-0.63-0.39
0.63-0.410.690.58-0.590.80.110.570.590.570.15-0.58-0.060.67-0.340.570.350.010.02-0.01-0.320.49-0.51-0.05-0.03
-0.340.33-0.41-0.340.34-0.82-0.28-0.25-0.35-0.25-0.360.950.38-0.470.3-0.25-0.220.04-0.61-0.510.310.17-0.510.01-0.58
0.150.76-0.110.310.53-0.04-0.11-0.110.31-0.110.110.06-0.23-0.070.92-0.110.17-0.140.360.510.92-0.63-0.050.010.01
0.02-0.130.060.04-0.060.350.53-0.020.04-0.020.13-0.58-0.06-0.04-0.09-0.020.16-0.370.590.44-0.12-0.39-0.03-0.580.01
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Gen III Account Relationship Matchups

Gen III balance sheet Accounts

201920202021202220232024 (projected)
Total Assets11.0M11.3M8.5M1.2M2.7M2.5M
Total Current Liabilities3.0M5.0M800.4K2.0M1.9M1.2M
Total Stockholder Equity(2.1M)(4.2M)7.3M(971.1K)(1.9M)(1.8M)
Property Plant And Equipment Net9.7M9.7M439.8K303.6K190.0K180.5K
Net Debt11.5M13.0M(7.2M)(340.7K)773.7K812.3K
Retained Earnings(91.0M)(95.7M)(100.5M)(112.9M)(118.6M)(112.7M)
Accounts Payable680.5K319.4K165.9K514.5K279.1K491.8K
Cash732.7K1.4M7.7M718.4K2.1M3.8M
Non Current Assets Total10.0M9.7M482.0K341.9K257.6K244.7K
Cash And Short Term Investments756.6K1.4M7.7M718.4K2.3M3.8M
Net Receivables80.8K146.7K32.0K27.0K26.8K25.5K
Common Stock Shares Outstanding73.9M84.8M105.6M113.8M117.6M123.5M
Liabilities And Stockholders Equity11.0M11.3M8.5M1.2M2.7M2.5M
Other Current Assets124.9K73.8K258.1K144.5K134.3K132.1K
Other Stockholder Equity8.9M9.2M11.8M13.2M15.3M21.4M
Total Liab13.1M15.5M1.2M2.2M4.6M2.5M
Total Current Assets962.3K1.6M8.0M889.9K2.4M3.9M
Non Currrent Assets Other65.7K35.1K318.2K(1.0)(1.15)(1.09)
Other Current Liab211K1.1M710.6K1.3M1.4M758.7K
Non Current Liabilities Total10.0M10.5M406.6K212.0K2.7M2.9M
Net Tangible Assets510.6K(2.1M)(4.2M)7.3M6.6M6.9M
Common Stock80.0M82.3M95.9M98.7M101.3M86.5M
Net Invested Capital(2.1M)(4.1M)7.3M(971.1K)632.3K781.4K
Net Working Capital(2.1M)(3.4M)7.2M(1.1M)547.3K836.5K
Capital Stock80.0M82.3M95.9M98.7M101.3M98.1M

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