Generation Total Current Liabilities from 2010 to 2026

GENM Stock  CAD 0.64  0.06  8.57%   
Generation Mining Total Current Liabilities yearly trend continues to be very stable with very little volatility. Total Current Liabilities is likely to drop to about 2.5 M. Total Current Liabilities is the total amount of liabilities that Generation Mining is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2016-12-31
Previous Quarter
3.1 M
Current Value
2.5 M
Quarterly Volatility
2.4 M
 
Covid
 
Interest Hikes
Check Generation Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Generation Mining's main balance sheet or income statement drivers, such as Depreciation And Amortization of 323.8 K, Interest Expense of 272.1 K or Selling General Administrative of 2.4 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or Days Sales Outstanding of 0.0. Generation financial statements analysis is a perfect complement when working with Generation Mining Valuation or Volatility modules.
  
This module can also supplement various Generation Mining Technical models . Check out the analysis of Generation Mining Correlation against competitors.
Evaluating Generation Mining's Total Current Liabilities 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 Generation Mining's fundamental strength.

Latest Generation Mining's Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Generation Mining over the last few years. Total Current Liabilities is an item on Generation Mining balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Generation Mining are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is 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. Generation Mining's Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Generation Mining's overall financial position and show how it may be relating to other accounts over time.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

Generation Total Current Liabilities Regression Statistics

Arithmetic Mean1,919,707
Geometric Mean0.00
Coefficient Of Variation106.48
Mean Deviation1,478,386
Median886,140
Standard Deviation2,044,079
Sample Variance4.2T
Range8.1M
R-Value0.60
Mean Square Error2.9T
R-Squared0.35
Significance0.01
Slope240,855
Total Sum of Squares66.9T

Generation Total Current Liabilities History

20262.5 M
20253.4 M
2024M
20234.8 M
20228.1 M
20212.3 M
20201.8 M

About Generation Mining Financial Statements

Generation Mining investors utilize fundamental indicators, such as Total Current Liabilities, to predict how Generation 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 ReportedProjected for Next Year
Total Current Liabilities3.4 M2.5 M

Pair Trading with Generation Mining

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 Generation Mining 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 Generation Mining will appreciate offsetting losses from the drop in the long position's value.

Moving together with Generation Stock

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Moving against Generation Stock

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The ability to find closely correlated positions to Generation Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Generation Mining 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 Generation Mining - 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 Generation Mining to buy it.
The correlation of Generation Mining 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 Generation Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Generation Mining 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 Generation Mining 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Generation Stock

Generation Mining financial ratios help investors to determine whether Generation 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 Generation with respect to the benefits of owning Generation Mining security.