Golden Historical Balance Sheet
| GMGI Stock | USD 2.09 0.06 2.79% |
Trend analysis of Golden Matrix Group balance sheet accounts such as Total Current Liabilities of 76.7 M or Total Stockholder Equity of 126.9 M provides information on Golden Matrix's total assets, liabilities, and equity, which is the actual value of Golden Matrix Group to its prevalent stockholders. By breaking down trends over time using Golden Matrix 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.
Financial Statement Analysis is much more than just reviewing and examining Golden Matrix Group 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 Golden Matrix Group is a good buy for the upcoming year.
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About Golden Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Golden Matrix Group at a specified time, usually calculated after every quarter, six months, or one year. Golden Matrix Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Golden Matrix 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 Golden currently owns. An asset can also be divided into two categories, current and non-current.
Golden Matrix Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Golden Matrix 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 Golden Matrix Group 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 Golden Matrix balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Golden Matrix Group 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.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most accounts from Golden Matrix's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Golden Matrix Group 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 Golden Matrix Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. As of now, Golden Matrix's Total Stockholder Equity is increasing as compared to previous years. The Golden Matrix's current Net Debt is estimated to increase to about 1.5 M, while Common Stock is projected to decrease to 309.51.
| 2022 | 2023 | 2024 | 2025 (projected) | Total Current Assets | 22.9M | 45.1M | 51.8M | 54.4M | Total Liabilities | 4.5M | 104.8M | 120.5M | 126.5M |
Golden Matrix balance sheet Correlations
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Golden Matrix Account Relationship Matchups
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Golden Matrix balance sheet Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 20.5M | 32.6M | 35.6M | 213.7M | 245.8M | 258.1M | |
| Other Current Liab | (969.6K) | (766.0K) | 639.5K | 628.7K | 565.8K | 594.1K | |
| Total Current Liabilities | 1.3M | 2.7M | 4.5M | 63.6M | 73.1M | 76.7M | |
| Total Stockholder Equity | 18.9M | 26.8M | 31.1M | 105.1M | 120.8M | 126.9M | |
| Net Debt | (16.5M) | (14.8M) | (17.0M) | 1.6M | 1.5M | 1.5M | |
| Retained Earnings | (24.4M) | (24.7M) | (25.8M) | 57.0M | 51.3M | 53.9M | |
| Cash | 16.8M | 14.9M | 17.1M | 30.1M | 34.6M | 36.4M | |
| Cash And Short Term Investments | 11.7M | 16.8M | 14.9M | 17.1M | 19.7M | 20.6M | |
| Common Stock Shares Outstanding | 27.2M | 28.0M | 35.4M | 129.2M | 148.6M | 156.1M | |
| Liabilities And Stockholders Equity | 13.8M | 20.5M | 32.6M | 35.6M | 40.9M | 43.0M | |
| Total Liab | 1.5M | 2.8M | 4.5M | 104.8M | 120.5M | 126.5M | |
| Total Current Assets | 20.0M | 19.3M | 22.9M | 45.1M | 51.8M | 54.4M | |
| Short Long Term Debt Total | 99.0 | 282.2K | 154.9K | 59.1K | 53.2K | 50.5K | |
| Short Term Debt | 99.0 | 100.2K | 95.1K | 59.1K | 53.2K | 50.5K | |
| Accounts Payable | 1.1M | 1.4M | 2.8M | 12.9M | 14.8M | 15.6M | |
| Accumulated Other Comprehensive Income | (978.0) | (1.7K) | (205.7K) | (73.2K) | (65.8K) | (62.6K) | |
| Current Deferred Revenue | 149.6K | 68.6K | 291.8K | 456.7K | 525.2K | 359.6K | |
| Net Receivables | 3.1M | 3.1M | 3.9M | 6.1M | 7.0M | 7.3M | |
| Short Long Term Debt | 1.2M | 99.0 | 52.3K | 17.4M | 20.0M | 21.0M | |
| Net Invested Capital | 13.3M | 18.9M | 31.1M | 136.8M | 157.3M | 165.2M | |
| Net Working Capital | 13.3M | 18.7M | 18.4M | (18.5M) | (21.3M) | (20.2M) | |
| Capital Stock | 227.0 | 272.0 | 362.0 | 1.3K | 1.2K | 1.1K |
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When determining whether Golden Matrix Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Matrix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Golden Matrix Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Matrix Group Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Matrix Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Matrix. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Matrix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (1.00) | Earnings Share (0.02) | Revenue Per Share | Quarterly Revenue Growth 0.846 | Return On Assets |
The market value of Golden Matrix Group is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Matrix's value that differs from its market value or its book value, called intrinsic value, which is Golden Matrix's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Matrix's market value can be influenced by many factors that don't directly affect Golden Matrix's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Matrix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Matrix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Matrix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.