Minaurum Historical Balance Sheet

MGG Stock  CAD 0.20  0.01  4.76%   
Trend analysis of Minaurum Gold balance sheet accounts such as Cash of 586.4 K provides information on Minaurum Gold's total assets, liabilities, and equity, which is the actual value of Minaurum Gold to its prevalent stockholders. By breaking down trends over time using Minaurum 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.
 
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Financial Statement Analysis is much more than just reviewing and examining Minaurum 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 Minaurum Gold is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minaurum Gold. 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 Minaurum Balance Sheet Analysis

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

Minaurum Gold Balance Sheet Chart

At this time, Minaurum Gold's Total Assets are fairly stable compared to the past year. Total Stockholder Equity is likely to climb to about 8 M in 2024, whereas Net Debt is likely to drop (648.2 K) in 2024.

Total Assets

Total assets refers to the total amount of Minaurum 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 Minaurum 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 Minaurum 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 Minaurum Gold 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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Minaurum Gold balance sheet. This account contains Minaurum Gold investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Minaurum Gold fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most accounts from Minaurum Gold's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Minaurum 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minaurum Gold. 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, Minaurum Gold's Total Assets are fairly stable compared to the past year. Total Stockholder Equity is likely to climb to about 8 M in 2024, whereas Net Debt is likely to drop (648.2 K) in 2024.
 2021 2022 2023 2024 (projected)
Total Current Liabilities625.3K161.3K530.0K308.3K
Total Assets16.7M10.6M8.3M8.4M

Minaurum Gold balance sheet Correlations

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0.860.590.86-0.98-0.260.98-0.010.510.070.670.990.420.480.620.480.250.740.830.270.310.610.59-0.19-0.170.79
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0.860.570.86-0.97-0.270.970.990.10.510.090.660.410.460.60.480.230.740.80.250.310.60.57-0.17-0.170.77
0.780.560.78-0.36-0.870.350.42-0.160.90.690.660.410.980.440.94-0.170.810.49-0.240.950.660.62-0.06-0.890.73
0.830.580.83-0.43-0.870.430.48-0.20.950.670.70.460.980.410.95-0.160.850.52-0.230.930.690.57-0.24-0.820.76
0.570.580.56-0.44-0.340.440.62-0.130.370.340.560.60.440.410.460.060.560.850.070.390.640.420.01-0.40.66
0.810.590.81-0.42-0.920.420.48-0.040.960.780.740.480.940.950.46-0.260.920.55-0.360.970.790.5-0.25-0.840.78
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0.930.670.93-0.69-0.810.690.740.050.910.650.810.740.810.850.560.92-0.220.75-0.270.820.880.49-0.33-0.680.9
0.770.730.77-0.72-0.420.720.83-0.240.490.320.730.80.490.520.850.55-0.040.75-0.010.430.80.47-0.19-0.370.88
-0.05-0.39-0.04-0.290.610.30.27-0.21-0.25-0.75-0.350.25-0.24-0.230.07-0.360.94-0.27-0.01-0.44-0.470.510.230.48-0.12
0.680.570.68-0.24-0.910.240.31-0.080.910.790.670.310.950.930.390.97-0.310.820.43-0.440.740.44-0.15-0.90.66
0.760.860.74-0.53-0.730.520.61-0.080.730.660.890.60.660.690.640.79-0.360.880.8-0.470.740.19-0.37-0.590.78
0.610.140.62-0.56-0.250.570.59-0.230.490.010.240.570.620.570.420.50.480.490.470.510.440.190.34-0.440.62
-0.25-0.23-0.240.210.25-0.21-0.190.14-0.38-0.25-0.35-0.17-0.06-0.240.01-0.250.16-0.33-0.190.23-0.15-0.370.34-0.13-0.14
-0.57-0.45-0.570.080.87-0.08-0.170.05-0.75-0.79-0.52-0.17-0.89-0.82-0.4-0.840.45-0.68-0.370.48-0.9-0.59-0.44-0.13-0.62
0.90.640.9-0.73-0.680.730.79-0.170.720.530.730.770.730.760.660.78-0.180.90.88-0.120.660.780.62-0.14-0.62
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Minaurum Gold Account Relationship Matchups

Minaurum Gold balance sheet Accounts

201920202021202220232024 (projected)
Total Assets9.4M12.0M16.7M10.6M8.3M8.4M
Total Current Liabilities156.5K308.7K625.3K161.3K530.0K308.3K
Total Stockholder Equity9.0M11.5M15.9M10.2M7.6M8.0M
Net Debt(2.4M)(4.1M)(6.3M)(1.5M)(617.3K)(648.2K)
Retained Earnings(36.0M)(43.5M)(50.1M)(57.8M)(61.5M)(58.4M)
Cash2.4M4.1M6.3M1.5M617.3K586.4K
Cash And Short Term Investments2.4M4.1M8.8M1.9M739.4K702.4K
Net Receivables40.4K18.7K12.1K69.6K263.0K276.1K
Common Stock Shares Outstanding313.6M337.7M360.8M366.5M370.2M201.8M
Liabilities And Stockholders Equity9.4M12.0M16.7M10.6M8.3M8.4M
Other Stockholder Equity2.8M3.5M7.3M9.2M10.6M11.1M
Total Liab357.5K509.7K826.3K362.3K688.0K457.4K
Total Current Assets2.6M4.3M8.9M2.1M1.1M1.0M
Property Plant And Equipment Net6.8M7.7M7.8M8.5M7.2M5.2M
Non Current Assets Total6.8M7.7M7.8M8.5M7.2M5.4M
Accumulated Other Comprehensive Income2.8M3.5M7.3M9.2M9.6M10.0M
Common Stock42.2M51.4M58.6M58.7M59.5M38.7M
Net Tangible Assets9.0M11.5M15.9M10.2M11.7M9.3M
Accounts Payable150.8K171.4K573.2K117.2K134.8K192.7K
Property Plant Equipment6.8M7.7M7.8M8.5M9.7M5.7M
Other Current Liab156.5K308.7K625.3K161.3K530.0K314.8K
Other Current Assets124.5K146.9K106.9K107.9K71.0K102.6K
Net Invested Capital9.0M11.5M15.9M10.2M7.6M10.9M
Net Working Capital2.5M4.0M8.3M1.9M543.3K516.2K
Capital Stock42.2M51.4M58.6M58.7M59.5M57.1M

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When running Minaurum Gold's price analysis, check to measure Minaurum 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 Minaurum Gold is operating at the current time. Most of Minaurum Gold's value examination focuses on studying past and present price action to predict the probability of Minaurum 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 Minaurum Gold's price. Additionally, you may evaluate how the addition of Minaurum Gold to your portfolios can decrease your overall portfolio volatility.