Phoenix Historical Balance Sheet

PXC Stock   3.75  0.10  2.60%   
Trend analysis of Phoenix Global Mining balance sheet accounts such as Accounts Payable of 327.2 K, Cash of 310 K, Non Current Assets Total of 46.8 M or Other Assets of 0.78 provides information on Phoenix Global's total assets, liabilities, and equity, which is the actual value of Phoenix Global Mining to its prevalent stockholders. By breaking down trends over time using Phoenix Global 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 Phoenix Global Mining 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 Phoenix Global Mining is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phoenix Global 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 bureau of economic analysis.

About Phoenix Balance Sheet Analysis

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

Phoenix Global Balance Sheet Chart

At present, Phoenix Global's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 44.9 M, whereas Accounts Payable is forecasted to decline to about 327.2 K.

Total Assets

Total assets refers to the total amount of Phoenix Global 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 Phoenix Global 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 Phoenix Global balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Phoenix Global 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.

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.

Accounts Payable

An accounting item on the balance sheet that represents Phoenix Global 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 Phoenix Global 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 Phoenix Global's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Phoenix Global 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phoenix Global 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 bureau of economic analysis.
At present, Phoenix Global's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 44.9 M, whereas Accounts Payable is forecasted to decline to about 327.2 K.
 2022 2023 2024 2025 (projected)
Total Current Liabilities1.1M2.7M3.1M3.2M
Total Assets39.7M40.5M46.6M48.9M

Phoenix Global balance sheet Correlations

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Phoenix Global Account Relationship Matchups

Phoenix Global balance sheet Accounts

202020212022202320242025 (projected)
Total Assets16.3M39.9M39.7M40.5M46.6M48.9M
Total Current Liabilities1.7M1.1M1.1M2.7M3.1M3.2M
Total Stockholder Equity13.7M37.7M37.8M37.2M42.7M44.9M
Net Debt402.5K(13.0M)(4.7M)1.8M1.6M1.7M
Retained Earnings(5.5M)(5.8M)(7.1M)(8.2M)(7.4M)(7.0M)
Accounts Payable156.1K862.9K569.9K410.4K472.0K327.2K
Cash1.1M13.0M4.7M283.7K326.3K310.0K
Non Current Assets Total15.1M26.5M33.5M38.8M44.6M46.8M
Cash And Short Term Investments1.1M13.1M4.7M287.9K331.1K314.5K
Liabilities And Stockholders Equity16.3M39.9M39.7M40.5M46.6M48.9M
Other Current Assets122.3K365.8K1.5M1.4M1.6M1.7M
Other Stockholder Equity(18.6K)43.4M44.9M45.4M52.2M54.8M
Total Liab2.5M2.1M1.8M3.3M3.8M4.0M
Total Current Assets1.3M13.5M6.2M1.7M2.0M2.8M
Other Current Liab37.8K270.3K502.6K206.3K237.2K183.1K
Common Stock Shares Outstanding57.5M104.2M121.8M122.7M141.1M148.1M
Net Tangible Assets8.8M10.2M13.4M37.4M43.0M45.1M
Net Receivables243.9K68.8K365.8K181.1K208.2K184.2K
Property Plant Equipment9.9M11.7M14.8M26.1M30.0M31.5M
Property Plant And Equipment Net15.1M26.5M33.5M38.8M44.6M46.8M
Net Invested Capital15.3M37.7M37.8M39.2M45.1M24.6M
Property Plant And Equipment Gross11.9M15.1M26.5M33.5M38.5M40.4M
Net Working Capital(474.1K)12.3M5.1M(943.0K)(1.1M)(1.0M)
Common Stock13.4M15.6M19.3M43.5M50.0M52.5M

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Other Information on Investing in Phoenix Stock

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