New Historical Balance Sheet
NAM Stock | CAD 0.09 0.01 6.25% |
Trend analysis of New Age Metals balance sheet accounts such as Property Plant And Equipment Net of 10.2 M provides information on New Age's total assets, liabilities, and equity, which is the actual value of New Age Metals to its prevalent stockholders. By breaking down trends over time using New Age 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 New Age Metals 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 New Age Metals is a good buy for the upcoming year.
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About New Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of New Age Metals at a specified time, usually calculated after every quarter, six months, or one year. New Age Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of New Age 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 New currently owns. An asset can also be divided into two categories, current and non-current.
New Age Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of New Age 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 New Age Metals 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 New Age balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of New Age Metals 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 New Age 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 New Age Metals 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 New Age's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into New Age Metals 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 New Age Metals. 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, New Age's Accumulated Other Comprehensive Income is fairly stable compared to the past year. Inventory is likely to climb to 1.21 in 2024, whereas Total Stockholder Equity is likely to drop slightly above 8.7 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 283.2K | 289.0K | 1.8M | 1.9M | Total Assets | 15.1M | 14.6M | 15.4M | 9.4M |
New Age balance sheet Correlations
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New Age Account Relationship Matchups
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New Age balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.7M | 12.9M | 15.1M | 14.6M | 15.4M | 9.4M | |
Total Current Liabilities | 101.5K | 337.4K | 283.2K | 289.0K | 1.8M | 1.9M | |
Total Stockholder Equity | 4.6M | 12.5M | 14.8M | 14.2M | 13.6M | 8.7M | |
Property Plant And Equipment Net | 2.7M | 3.3M | 6.9M | 9.2M | 9.7M | 10.2M | |
Net Debt | (1.8M) | (8.6M) | (7.2M) | (4.1M) | (4.7M) | (5.0M) | |
Retained Earnings | (47.5M) | (48.3M) | (49.5M) | (50.1M) | (50.8M) | (48.2M) | |
Accounts Payable | 46.0K | 45.6K | 222.4K | 118.1K | 1.6M | 1.7M | |
Cash | 1.8M | 8.6M | 7.2M | 4.3M | 2.3M | 2.7M | |
Non Current Assets Total | 2.7M | 3.3M | 6.9M | 9.2M | 9.7M | 10.2M | |
Cash And Short Term Investments | 1.9M | 8.9M | 7.3M | 4.5M | 4.0M | 3.2M | |
Net Receivables | 63.9K | 100.2K | 762.9K | 796.8K | 916.3K | 962.1K | |
Common Stock Shares Outstanding | 103.2M | 111.0M | 209.0M | 222.1M | 55.6M | 48.0M | |
Liabilities And Stockholders Equity | 4.7M | 12.9M | 15.1M | 14.6M | 16.8M | 9.1M | |
Other Stockholder Equity | 14.5M | 17.1M | 18.2M | 18.2M | 20.9M | 25.0M | |
Total Liab | 113.3K | 337.4K | 283.2K | 404.0K | 1.9M | 2.0M | |
Total Current Assets | 2.1M | 9.6M | 8.2M | 5.4M | 5.8M | 4.8M | |
Other Current Liab | 21.9K | 263.0K | 60.9K | 141.6K | 127.4K | 121.0K | |
Short Term Investments | 109.4K | 237.2K | 134.9K | 222.5K | 231.8K | 220.2K | |
Other Current Assets | 61.7K | 570.5K | 136.8K | 133.6K | 153.6K | 115.6K | |
Accumulated Other Comprehensive Income | 14.5M | 17.1M | 18.2M | 18.2M | 20.9M | 22.0M | |
Net Tangible Assets | 4.6M | 12.5M | 14.8M | 14.2M | 16.4M | 17.2M | |
Common Stock | 37.7M | 43.7M | 46.1M | 46.1M | 53.0M | 42.5M | |
Property Plant Equipment | 2.7M | 3.3M | 6.9M | 9.2M | 10.6M | 11.1M | |
Net Invested Capital | 4.6M | 12.5M | 14.8M | 14.2M | 13.6M | 9.5M | |
Net Working Capital | 2.0M | 9.2M | 7.9M | 5.1M | 4.0M | 4.6M | |
Capital Stock | 37.7M | 43.7M | 46.1M | 46.1M | 46.1M | 47.0M |
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When running New Age's price analysis, check to measure New Age'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 New Age is operating at the current time. Most of New Age's value examination focuses on studying past and present price action to predict the probability of New Age's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Age's price. Additionally, you may evaluate how the addition of New Age to your portfolios can decrease your overall portfolio volatility.