IAU Historical Balance Sheet

IAU Stock   0.87  0.01  1.14%   
Trend analysis of i 80 Gold Corp balance sheet accounts such as Other Current Liabilities of 1.1 M or Total Current Liabilities of 67.6 M provides information on I 80's total assets, liabilities, and equity, which is the actual value of i 80 Gold to its prevalent stockholders. By breaking down trends over time using I 80 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 i 80 Gold 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 i 80 Gold is a good buy for the upcoming year.

I 80 Inventory

10.48 Million

  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in i 80 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 IAU Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of i 80 Gold at a specified time, usually calculated after every quarter, six months, or one year. I 80 Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of I 80 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 IAU currently owns. An asset can also be divided into two categories, current and non-current.

I 80 Balance Sheet Chart

At this time, I 80's Cash And Short Term Investments are very stable compared to the past year. As of the 2nd of December 2024, Other Current Assets is likely to grow to about 4.3 M, while Total Assets are likely to drop about 391.2 M.

Total Assets

Total assets refers to the total amount of I 80 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 i 80 Gold 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 I 80 balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of i 80 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.
Most accounts from I 80's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into i 80 Gold 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 i 80 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.
At this time, I 80's Cash And Short Term Investments are very stable compared to the past year. As of the 2nd of December 2024, Other Current Assets is likely to grow to about 4.3 M, while Total Assets are likely to drop about 391.2 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total41.4M115.9M180.3M97.4M
Total Assets656.3M642.0M723.7M391.2M

I 80 balance sheet Correlations

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0.59-0.51-0.190.550.570.75-0.770.43-0.040.620.66-0.04-0.430.570.160.070.69-0.470.180.630.590.590.330.320.61
-0.85-0.510.89-0.89-0.78-0.290.22-0.62-0.65-0.88-0.89-0.650.6-0.87-0.660.22-0.750.0-0.01-0.89-0.88-0.88-0.78-0.11-0.87
-0.75-0.190.89-0.69-0.630.09-0.19-0.42-0.7-0.63-0.67-0.70.35-0.79-0.650.21-0.55-0.360.17-0.65-0.66-0.67-0.810.16-0.63
0.910.55-0.89-0.690.930.29-0.220.540.720.990.750.72-0.80.880.83-0.080.9-0.190.030.991.01.00.530.490.99
0.970.57-0.78-0.630.930.1-0.080.590.780.920.560.78-0.820.940.89-0.060.95-0.170.060.90.930.930.460.510.93
0.110.75-0.290.090.290.1-0.980.12-0.420.380.63-0.42-0.150.1-0.270.190.26-0.530.170.410.320.320.160.210.35
-0.08-0.770.22-0.19-0.22-0.08-0.98-0.220.44-0.33-0.560.440.17-0.060.31-0.13-0.250.59-0.27-0.35-0.27-0.26-0.1-0.21-0.3
0.570.43-0.62-0.420.540.590.12-0.220.550.580.480.55-0.680.580.44-0.620.57-0.290.450.550.550.550.420.160.58
0.75-0.04-0.65-0.70.720.78-0.420.440.550.670.281.0-0.670.740.94-0.270.650.18-0.030.640.70.70.440.260.68
0.890.62-0.88-0.630.990.920.38-0.330.580.670.770.67-0.810.860.77-0.060.91-0.270.081.01.01.00.520.511.0
0.680.66-0.89-0.670.750.560.63-0.560.480.280.770.28-0.360.70.36-0.130.65-0.04-0.120.810.760.760.780.00.76
0.75-0.04-0.65-0.70.720.78-0.420.440.551.00.670.28-0.670.740.94-0.270.650.18-0.030.640.70.70.440.260.68
-0.67-0.430.60.35-0.8-0.82-0.150.17-0.68-0.67-0.81-0.36-0.67-0.61-0.690.23-0.70.6-0.55-0.77-0.79-0.79-0.06-0.77-0.82
0.990.57-0.87-0.790.880.940.1-0.060.580.740.860.70.74-0.610.83-0.060.940.1-0.150.860.890.890.730.180.87
0.850.16-0.66-0.650.830.89-0.270.310.440.940.770.360.94-0.690.83-0.160.790.11-0.150.750.810.810.40.410.79
-0.080.070.220.21-0.08-0.060.19-0.13-0.62-0.27-0.06-0.13-0.270.23-0.06-0.160.030.07-0.24-0.06-0.04-0.03-0.070.02-0.06
0.950.69-0.75-0.550.90.950.26-0.250.570.650.910.650.65-0.70.940.790.03-0.12-0.070.90.920.920.560.390.91
0.02-0.470.0-0.36-0.19-0.17-0.530.59-0.290.18-0.27-0.040.180.60.10.110.07-0.12-0.82-0.24-0.2-0.190.5-0.76-0.26
-0.110.18-0.010.170.030.060.17-0.270.45-0.030.08-0.12-0.03-0.55-0.15-0.15-0.24-0.07-0.820.040.030.02-0.40.470.08
0.890.63-0.89-0.650.990.90.41-0.350.550.641.00.810.64-0.770.860.75-0.060.9-0.240.040.990.990.550.470.99
0.910.59-0.88-0.661.00.930.32-0.270.550.71.00.760.7-0.790.890.81-0.040.92-0.20.030.991.00.540.481.0
0.920.59-0.88-0.671.00.930.32-0.260.550.71.00.760.7-0.790.890.81-0.030.92-0.190.020.991.00.550.471.0
0.650.33-0.78-0.810.530.460.16-0.10.420.440.520.780.44-0.060.730.4-0.070.560.5-0.40.550.540.55-0.470.51
0.290.32-0.110.160.490.510.21-0.210.160.260.510.00.26-0.770.180.410.020.39-0.760.470.470.480.47-0.470.52
0.90.61-0.87-0.630.990.930.35-0.30.580.681.00.760.68-0.820.870.79-0.060.91-0.260.080.991.01.00.510.52
Click cells to compare fundamentals

I 80 Account Relationship Matchups

I 80 balance sheet Accounts

201920202021202220232024 (projected)
Total Assets162.3M0.78656.3M642.0M723.7M391.2M
Short Long Term Debt Total70.7M70.6M41.4M115.9M180.3M97.4M
Other Current Liab78.4M151.3M15.8M53.7M1.2M1.1M
Total Current Liabilities98.5M151.5M29.9M85.6M60.9M67.6M
Total Stockholder Equity(14.1M)0.78407.0M333.4M426.3M447.6M
Property Plant And Equipment Net94.7M100.2M502.6M529.3M519.1M292.8M
Net Debt44.5M70.6M(46.2M)67.6M164.0M172.2M
Retained Earnings(31.1M)(33.9M)43.1M(36.1M)(82.3M)(78.2M)
Accounts Payable20.1M113K8.5M10.6M12.8M8.9M
Cash26.2M0.7887.7M48.3M16.3M30.0M
Non Current Assets Total103.3M100.2M534.9M564.7M683.9M718.1M
Non Currrent Assets Other8.6M(100.2M)32.2M35.4M164.8M173.0M
Cash And Short Term Investments26.2M0.7887.7M48.3M16.3M30.0M
Net Receivables27.5M10.3M393K623K4.3M4.1M
Liabilities And Stockholders Equity162.3M0.78656.3M642.0M723.7M391.2M
Non Current Liabilities Total77.9M105K219.5M222.9M236.6M143.6M
Inventory4.2M4.4M26M16.5M11.4M10.5M
Other Current Assets938.0K4.5M2.7M6.3M3.2M4.3M
Total Liab176.4M159.8M249.4M308.5M297.4M237.8M
Total Current Assets58.9M0.78121.5M77.3M39.8M53.2M
Accumulated Other Comprehensive Income6.8M7.1M13.7M15.0M19.3M11.6M
Other Assets8.6M(100.2M)32.2M35.4M40.7M42.7M
Property Plant Equipment94.7M100.2M502.6M529.3M608.7M639.1M

Pair Trading with I 80

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if I 80 position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in I 80 will appreciate offsetting losses from the drop in the long position's value.

Moving together with IAU Stock

  0.83ORE Orezone Gold CorpPairCorr

Moving against IAU Stock

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  0.37NVDA NVIDIA CDRPairCorr
The ability to find closely correlated positions to I 80 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace I 80 when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back I 80 - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling i 80 Gold Corp to buy it.
The correlation of I 80 is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as I 80 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if i 80 Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for I 80 can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether i 80 Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of I 80'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 I 80 Gold Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on I 80 Gold Corp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in i 80 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.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Please note, there is a significant difference between I 80's value and its price as these two are different measures arrived at by different means. Investors typically determine if I 80 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, I 80'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.