New Historical Balance Sheet

NED Stock  CAD 0.05  0.00  0.00%   
Trend analysis of New Destiny Mining balance sheet accounts such as Cash of 82.08 provides information on New Destiny's total assets, liabilities, and equity, which is the actual value of New Destiny Mining to its prevalent stockholders. By breaking down trends over time using New Destiny 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.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Destiny Mining. 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 New Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of New Destiny Mining at a specified time, usually calculated after every quarter, six months, or one year. New Destiny Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of New Destiny 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 Destiny Balance Sheet Chart

At this time, New Destiny's Total Current Liabilities is fairly stable compared to the past year. Accounts Payable is likely to climb to about 1.2 M in 2025, despite the fact that Total Stockholder Equity is likely to grow to (1.2 M).

Total Assets

Total assets refers to the total amount of New Destiny 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 Destiny Mining 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 Destiny 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 Destiny Mining 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.

Accounts Payable

An accounting item on the balance sheet that represents New Destiny 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 Destiny Mining 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 Destiny's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into New Destiny Mining 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 Destiny Mining. 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 Destiny's Total Current Liabilities is fairly stable compared to the past year. Accounts Payable is likely to climb to about 1.2 M in 2025, despite the fact that Total Stockholder Equity is likely to grow to (1.2 M).
 2022 2023 2024 2025 (projected)
Total Current Liabilities657.5K1.4M1.6M1.7M
Total Assets14.2K31.5K28.4K26.8K

New Destiny balance sheet Correlations

-0.170.270.490.27-0.1-0.140.170.18-0.170.190.190.04-0.240.11-0.240.170.180.32-0.170.140.04
-0.17-0.97-0.73-0.870.98-0.26-0.52-0.621.0-0.650.17-0.750.720.380.84-0.98-0.98-0.780.92-0.77-0.75
0.27-0.970.820.92-0.930.230.550.67-0.970.66-0.130.59-0.79-0.42-0.90.990.990.84-0.880.790.59
0.49-0.730.820.94-0.580.090.570.8-0.730.440.080.29-0.91-0.55-0.90.770.790.97-0.70.630.29
0.27-0.870.920.94-0.760.150.510.84-0.870.54-0.150.46-0.93-0.59-0.950.90.910.95-0.80.740.46
-0.10.98-0.93-0.58-0.76-0.27-0.45-0.490.98-0.70.22-0.780.590.260.75-0.95-0.94-0.640.9-0.78-0.78
-0.14-0.260.230.090.15-0.27-0.12-0.2-0.260.190.00.22-0.050.17-0.20.250.260.14-0.280.120.22
0.17-0.520.550.570.51-0.45-0.120.44-0.520.310.590.28-0.44-0.47-0.520.550.550.59-0.520.480.28
0.18-0.620.670.80.84-0.49-0.20.44-0.620.17-0.290.28-0.9-0.85-0.750.620.630.77-0.560.490.28
-0.171.0-0.97-0.73-0.870.98-0.26-0.52-0.62-0.650.16-0.750.720.380.84-0.98-0.98-0.780.92-0.77-0.75
0.19-0.650.660.440.54-0.70.190.310.17-0.65-0.050.41-0.40.03-0.670.690.680.46-0.740.930.41
0.190.17-0.130.08-0.150.220.00.59-0.290.16-0.05-0.130.210.210.11-0.12-0.110.10.12-0.11-0.13
0.04-0.750.590.290.46-0.780.220.280.28-0.750.41-0.13-0.26-0.02-0.380.610.60.38-0.680.471.0
-0.240.72-0.79-0.91-0.930.59-0.05-0.44-0.90.72-0.40.21-0.260.740.94-0.76-0.77-0.910.74-0.63-0.26
0.110.38-0.42-0.55-0.590.260.17-0.47-0.850.380.030.21-0.020.740.56-0.39-0.4-0.530.38-0.32-0.02
-0.240.84-0.9-0.9-0.950.75-0.2-0.52-0.750.84-0.670.11-0.380.940.56-0.88-0.89-0.920.89-0.82-0.38
0.17-0.980.990.770.9-0.950.250.550.62-0.980.69-0.120.61-0.76-0.39-0.881.00.82-0.890.80.61
0.18-0.980.990.790.91-0.940.260.550.63-0.980.68-0.110.6-0.77-0.4-0.891.00.83-0.890.790.6
0.32-0.780.840.970.95-0.640.140.590.77-0.780.460.10.38-0.91-0.53-0.920.820.83-0.750.640.38
-0.170.92-0.88-0.7-0.80.9-0.28-0.52-0.560.92-0.740.12-0.680.740.380.89-0.89-0.89-0.75-0.83-0.68
0.14-0.770.790.630.74-0.780.120.480.49-0.770.93-0.110.47-0.63-0.32-0.820.80.790.64-0.830.47
0.04-0.750.590.290.46-0.780.220.280.28-0.750.41-0.131.0-0.26-0.02-0.380.610.60.38-0.680.47
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New Destiny Account Relationship Matchups

New Destiny balance sheet Accounts

202020212022202320242025 (projected)
Total Assets11.5K9.6K14.2K31.5K28.4K26.8K
Total Current Liabilities568.3K583.3K657.5K1.4M1.6M1.7M
Total Stockholder Equity(556.8K)(573.7K)(643.4K)(1.4M)(1.2M)(1.2M)
Net Tangible Assets(479.5K)(529.4K)(556.8K)(573.7K)(516.4K)(490.5K)
Retained Earnings(4.3M)(4.4M)(4.7M)(5.4M)(4.9M)(5.1M)
Accounts Payable158.8K231.1K345.8K1.0M1.2M1.2M
Cash652.0465.03.1K96.086.482.08
Net Receivables3.4K2.0K2.8K1.1K994.5944.78
Total Liab568.3K583.3K657.5K1.4M1.6M1.7M
Total Current Assets3.5K1.6K6.2K23.5K27.0K14.1K
Common Stock3.5M3.7M3.7M3.9M4.4M3.2M
Common Stock Shares Outstanding16.4M17.1M19.6M22.6M26.0M18.0M
Net Invested Capital(492.6K)(526.4K)(638.0K)(1.4M)(1.2M)(1.2M)
Net Working Capital(564.8K)(581.7K)(651.4K)(1.4M)(1.3M)(1.2M)
Capital Stock3.7M3.7M3.9M4.0M4.5M4.2M

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Additional Tools for New Stock Analysis

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