Barrick Total Current Assets from 2010 to 2026
| ABX Stock | CAD 65.32 3.48 5.63% |
Total Current Assets | First Reported 1993-03-31 | Previous Quarter 8.9 B | Current Value 10.2 B | Quarterly Volatility 3.1 B |
Check Barrick Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Barrick Gold's main balance sheet or income statement drivers, such as Interest Expense of 390 M, Total Revenue of 18 B or Gross Profit of 8.7 B, as well as many indicators such as Price To Sales Ratio of 4.12, Dividend Yield of 0.0104 or PTB Ratio of 2.94. Barrick financial statements analysis is a perfect complement when working with Barrick Gold Valuation or Volatility modules.
Barrick | Total Current Assets |
Evaluating Barrick Gold's Total Current Assets across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Barrick Gold Corp's fundamental strength.
Latest Barrick Gold's Total Current Assets Growth Pattern
Below is the plot of the Total Current Assets of Barrick Gold Corp over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Barrick Gold's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Barrick Gold's overall financial position and show how it may be relating to other accounts over time.
| Total Current Assets | 10 Years Trend |
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Total Current Assets |
| Timeline |
Barrick Total Current Assets Regression Statistics
| Arithmetic Mean | 6,526,619,668 | |
| Coefficient Of Variation | 39.60 | |
| Mean Deviation | 1,826,606,746 | |
| Median | 6,545,000,000 | |
| Standard Deviation | 2,584,569,088 | |
| Sample Variance | 6679997.4T | |
| Range | 11.3B | |
| R-Value | 0.76 | |
| Mean Square Error | 3011781.3T | |
| R-Squared | 0.58 | |
| Significance | 0.0004 | |
| Slope | 388,887,421 | |
| Total Sum of Squares | 106879957.9T |
Barrick Total Current Assets History
About Barrick Gold Financial Statements
Barrick Gold investors utilize fundamental indicators, such as Total Current Assets, to predict how Barrick Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Total Current Assets | 10.2 B | 10.7 B |
Pair Trading with Barrick Gold
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Barrick Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Barrick Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Barrick Stock
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| 0.82 | ORE | Orezone Gold Corp | PairCorr |
| 0.87 | FDY | Faraday Copper Corp | PairCorr |
Moving against Barrick Stock
| 0.72 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.72 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.69 | AAPL | Apple CDR | PairCorr |
| 0.69 | AAPL | Apple Inc CDR | PairCorr |
| 0.47 | MSFT | Microsoft Corp CDR | PairCorr |
The ability to find closely correlated positions to Barrick Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Barrick Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Barrick Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Barrick Gold Corp to buy it.
The correlation of Barrick Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Barrick Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Barrick Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Barrick Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Barrick Stock
Barrick Gold financial ratios help investors to determine whether Barrick Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Barrick with respect to the benefits of owning Barrick Gold security.