Tower Historical Balance Sheet

TWR Stock  CAD 0.11  0.01  8.33%   
Trend analysis of Tower Resources balance sheet accounts such as Property Plant And Equipment Net of 1.1 K, Accounts Payable of 150.2 K, Cash of 806.2 K or Non Current Assets Total of 9.7 M provides information on Tower Resources' total assets, liabilities, and equity, which is the actual value of Tower Resources to its prevalent stockholders. By breaking down trends over time using Tower Resources 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.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Tower Resources 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 Tower Resources is a good buy for the upcoming year.

Tower Resources Inventory

1,800.15

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tower Resources. 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 Tower Balance Sheet Analysis

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

Tower Resources Balance Sheet Chart

At this time, Tower Resources' Intangible Assets are fairly stable compared to the past year. Net Working Capital is likely to climb to about 783.3 K in 2024, whereas Total Current Liabilities is likely to drop slightly above 198.7 K in 2024.

Total Assets

Total assets refers to the total amount of Tower Resources 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 Tower Resources 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 Tower Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Tower Resources 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.
Most accounts from Tower Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Tower Resources 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tower Resources. 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, Tower Resources' Intangible Assets are fairly stable compared to the past year. Net Working Capital is likely to climb to about 783.3 K in 2024, whereas Total Current Liabilities is likely to drop slightly above 198.7 K in 2024.
 2021 2022 2023 2024 (projected)
Other Current Liabilities28K28.2K32.4K30.8K
Total Assets8.1M8.8M10.1M10.6M

Tower Resources balance sheet Correlations

0.090.341.0-0.1-0.19-0.730.320.240.980.250.930.32-0.340.330.24-0.16-0.58-0.580.78-0.650.520.85-0.710.77-0.72
0.090.590.060.34-0.4-0.14-0.130.390.00.40.060.060.010.590.41-0.05-0.16-0.16-0.190.140.140.1-0.030.080.15
0.340.590.290.1-0.4-0.30.730.410.260.420.32-0.09-0.281.00.37-0.22-0.18-0.180.14-0.030.240.37-0.110.36-0.23
1.00.060.29-0.1-0.17-0.730.290.230.980.230.930.33-0.330.290.22-0.15-0.58-0.580.78-0.650.520.85-0.720.77-0.71
-0.10.340.1-0.1-0.22-0.27-0.150.18-0.160.19-0.050.460.110.110.260.23-0.31-0.31-0.680.510.260.09-0.14-0.050.57
-0.19-0.4-0.4-0.17-0.220.26-0.14-1.00.02-1.0-0.09-0.360.12-0.4-0.960.320.340.340.15-0.12-0.29-0.210.18-0.15-0.26
-0.73-0.14-0.3-0.73-0.270.26-0.25-0.28-0.68-0.29-0.84-0.580.56-0.29-0.34-0.080.760.76-0.350.23-0.66-0.880.81-0.450.46
0.32-0.130.730.29-0.15-0.14-0.250.170.30.170.32-0.17-0.350.720.11-0.22-0.08-0.080.31-0.130.180.37-0.10.37-0.39
0.240.390.410.230.18-1.0-0.280.170.041.00.140.36-0.140.410.96-0.34-0.35-0.35-0.080.040.320.25-0.210.190.2
0.980.00.260.98-0.160.02-0.680.30.040.040.930.26-0.320.260.02-0.15-0.5-0.50.83-0.680.450.81-0.670.76-0.8
0.250.40.420.230.19-1.0-0.290.171.00.040.150.36-0.140.420.96-0.34-0.36-0.36-0.080.040.320.26-0.220.20.2
0.930.060.320.93-0.05-0.09-0.840.320.140.930.150.43-0.610.30.15-0.1-0.49-0.490.71-0.590.440.91-0.860.73-0.73
0.320.06-0.090.330.46-0.36-0.58-0.170.360.260.360.43-0.4-0.110.32-0.27-0.39-0.39-0.07-0.070.270.43-0.620.160.01
-0.340.01-0.28-0.330.110.120.56-0.35-0.14-0.32-0.14-0.61-0.4-0.24-0.140.04-0.06-0.06-0.30.220.05-0.570.75-0.370.34
0.330.591.00.290.11-0.4-0.290.720.410.260.420.3-0.11-0.240.37-0.22-0.19-0.190.13-0.040.240.36-0.090.35-0.23
0.240.410.370.220.26-0.96-0.340.110.960.020.960.150.32-0.140.37-0.08-0.43-0.43-0.130.070.380.27-0.250.150.26
-0.16-0.05-0.22-0.150.230.32-0.08-0.22-0.34-0.15-0.34-0.1-0.270.04-0.22-0.08-0.15-0.15-0.240.180.13-0.04-0.06-0.20.22
-0.58-0.16-0.18-0.58-0.310.340.76-0.08-0.35-0.5-0.36-0.49-0.39-0.06-0.19-0.43-0.151.0-0.190.16-0.89-0.590.35-0.150.27
-0.58-0.16-0.18-0.58-0.310.340.76-0.08-0.35-0.5-0.36-0.49-0.39-0.06-0.19-0.43-0.151.0-0.190.16-0.89-0.590.35-0.150.27
0.78-0.190.140.78-0.680.15-0.350.31-0.080.83-0.080.71-0.07-0.30.13-0.13-0.24-0.19-0.19-0.790.180.55-0.420.59-0.91
-0.650.14-0.03-0.650.51-0.120.23-0.130.04-0.680.04-0.59-0.070.22-0.040.070.180.160.16-0.79-0.02-0.30.31-0.270.68
0.520.140.240.520.26-0.29-0.660.180.320.450.320.440.270.050.240.380.13-0.89-0.890.18-0.020.67-0.320.32-0.26
0.850.10.370.850.09-0.21-0.880.370.250.810.260.910.43-0.570.360.27-0.04-0.59-0.590.55-0.30.67-0.850.79-0.59
-0.71-0.03-0.11-0.72-0.140.180.81-0.1-0.21-0.67-0.22-0.86-0.620.75-0.09-0.25-0.060.350.35-0.420.31-0.32-0.85-0.660.38
0.770.080.360.77-0.05-0.15-0.450.370.190.760.20.730.16-0.370.350.15-0.2-0.15-0.150.59-0.270.320.79-0.66-0.48
-0.720.15-0.23-0.710.57-0.260.46-0.390.2-0.80.2-0.730.010.34-0.230.260.220.270.27-0.910.68-0.26-0.590.38-0.48
Click cells to compare fundamentals

Tower Resources Account Relationship Matchups

Tower Resources balance sheet Accounts

201920202021202220232024 (projected)
Total Assets5.2M7.1M8.1M8.8M10.1M10.6M
Other Current Liab22.6K427.0K28K28.2K32.4K30.8K
Total Current Liabilities194.6K509.3K434.6K282.5K324.8K198.7K
Total Stockholder Equity5.0M6.6M7.7M8.5M9.8M10.3M
Property Plant And Equipment Net4.6M5.2M6.6M967.01.1K1.1K
Net Debt(275.5K)(1.7M)(1.4M)(723.8K)(651.4K)(684.0K)
Retained Earnings(14.3M)(14.3M)(14.6M)(14.8M)(13.3M)(14.0M)
Accounts Payable172.0K82.3K406.6K254.3K292.4K150.2K
Cash275.5K1.7M1.4M723.8K832.3K806.2K
Non Current Assets Total4.7M5.3M6.7M8.0M9.2M9.7M
Cash And Short Term Investments322.7K1.7M1.4M734.7K844.9K810.8K
Common Stock Shares Outstanding108.1M123.4M133.9M142.6M164.0M172.2M
Liabilities And Stockholders Equity5.2M7.1M8.1M8.8M10.1M10.6M
Other Current Assets18.1K17.9K19.3K8.6K9.9K16.7K
Other Stockholder Equity538.0K699.4K715.8K926.2K833.5K791.9K
Total Liab194.6K509.3K434.6K282.5K324.8K205.8K
Total Current Assets529.0K1.8M1.4M769.3K884.7K933.8K
Net Receivables188.2K34.7K24.5K26.1K30.0K28.5K
Accumulated Other Comprehensive Income699.4K715.8K926.2K1.2M1.4M1.4M
Common Stock18.6M20.2M21.3M22.1M25.4M17.8M
Net Tangible Assets4.8M5.0M6.6M7.7M8.8M5.4M
Property Plant Equipment4.0M4.6M5.2M6.6M7.6M4.4M
Net Invested Capital5.0M6.6M7.7M8.5M9.8M6.7M
Net Working Capital334.4K1.3M985.0K486.9K438.2K783.3K
Capital Stock18.6M20.2M21.3M22.1M25.4M21.6M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Tower Stock Analysis

When running Tower Resources' price analysis, check to measure Tower Resources' 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 Tower Resources is operating at the current time. Most of Tower Resources' value examination focuses on studying past and present price action to predict the probability of Tower Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tower Resources' price. Additionally, you may evaluate how the addition of Tower Resources to your portfolios can decrease your overall portfolio volatility.