Gem Historical Balance Sheet
601002 Stock | 4.40 0.08 1.79% |
Trend analysis of Gem Year Industrial Co balance sheet accounts such as Other Current Liab of 20.4 M, Total Current Liabilities of 1.2 B or Total Stockholder Equity of 2.4 B provides information on Gem Year's total assets, liabilities, and equity, which is the actual value of Gem Year Industrial to its prevalent stockholders. By breaking down trends over time using Gem Year 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.
Financial Statement Analysis is much more than just reviewing and examining Gem Year Industrial 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 Gem Year Industrial is a good buy for the upcoming year.
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About Gem Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Gem Year Industrial at a specified time, usually calculated after every quarter, six months, or one year. Gem Year Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gem Year 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 Gem currently owns. An asset can also be divided into two categories, current and non-current.
Gem Year Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Gem Year 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 Gem Year Industrial 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 Gem Year balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Gem Year Industrial Co 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 Gem Year 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 Gem Year Industrial 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.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most accounts from Gem Year's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Gem Year Industrial 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Gem Year Industrial Co. 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 present, Gem Year's Total Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 1.3 B, whereas Total Assets are forecasted to decline to about 4.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 119.4M | 88.7M | 21.5M | 20.4M | Total Assets | 5.4B | 5.3B | 5.2B | 4.1B |
Gem Year balance sheet Correlations
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Gem Year balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.2B | 5.0B | 5.4B | 5.3B | 5.2B | 4.1B | |
Other Current Liab | 34.2M | 51.6M | 119.4M | 88.7M | 21.5M | 20.4M | |
Total Current Liabilities | 672.1M | 958.5M | 1.2B | 811.2M | 847.0M | 1.2B | |
Total Stockholder Equity | 2.7B | 4.0B | 4.1B | 4.3B | 4.2B | 2.4B | |
Retained Earnings | 790.4M | 1.3B | 1.5B | 1.6B | 1.2B | 1.3B | |
Accounts Payable | 575.7M | 855.0M | 942.1M | 486.1M | 736.6M | 700.0M | |
Cash | 167.2M | 43.2M | 291.9M | 114.6M | 154.2M | 184.9M | |
Other Assets | 144.6M | 163.5M | 138.0M | 153.9M | 177.0M | 185.9M | |
Net Receivables | 705.2M | 667.1M | 630.3M | 694.3M | 838.0M | 600.6M | |
Inventory | 1.5B | 1.4B | 1.8B | 1.7B | 1.4B | 1.4B | |
Other Current Assets | 235.8M | 204.5M | 250.3M | 119.4M | 2.2M | 2.1M | |
Total Liab | 1.3B | 988.2M | 1.2B | 983.6M | 1.0B | 1.5B | |
Property Plant Equipment | 1.2B | 931.6M | 1.3B | 1.5B | 1.7B | 1.3B | |
Intangible Assets | 103.2M | 72.6M | 107.3M | 98.5M | 95.6M | 64.7M | |
Other Liab | 50.9M | 29.7M | 26.1M | 22.4M | 20.2M | 19.2M | |
Short Term Investments | 140.6M | 730.3M | 179.5M | 149.2M | 210.9M | 148.5M | |
Net Tangible Assets | 2.6B | 3.9B | 4.0B | 4.2B | 4.8B | 3.3B | |
Other Stockholder Equity | 32.3M | 65.4M | 65.3M | 69.8M | 80.3M | 43.4M | |
Total Current Assets | 2.8B | 3.2B | 3.3B | 2.9B | 3.0B | 3.2B | |
Non Current Assets Total | 1.5B | 1.7B | 2.1B | 2.3B | 2.3B | 2.0B | |
Non Currrent Assets Other | 1.5B | 79.5M | 33.0M | 8.7M | 642K | 609.9K | |
Non Current Liabilities Total | 602.9M | 29.7M | 26.1M | 172.4M | 202.6M | 332.7M | |
Net Invested Capital | 2.7B | 4.0B | 4.1B | 4.4B | 4.2B | 3.8B | |
Net Working Capital | 2.1B | 2.3B | 2.1B | 2.1B | 2.1B | 2.3B |
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Other Information on Investing in Gem Stock
Balance Sheet is a snapshot of the financial position of Gem Year Industrial at a specified time, usually calculated after every quarter, six months, or one year. Gem Year Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gem Year 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 Gem currently owns. An asset can also be divided into two categories, current and non-current.