Almaden Historical Balance Sheet

AMM Stock  CAD 0.06  0.01  8.33%   
Trend analysis of Almaden Minerals balance sheet accounts such as Other Current Liab of 701, Total Current Liabilities of 695.9 K or Total Stockholder Equity of 6.7 M provides information on Almaden Minerals' total assets, liabilities, and equity, which is the actual value of Almaden Minerals to its prevalent stockholders. By breaking down trends over time using Almaden Minerals 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.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Almaden Minerals 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 Almaden Minerals is a good buy for the upcoming year.

Almaden Minerals Inventory

229,644

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Almaden Minerals. 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 Almaden Balance Sheet Analysis

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

Almaden Minerals Balance Sheet Chart

At this time, Almaden Minerals' Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 27th of November 2024, Intangible Assets is likely to grow to 5,030, while Total Assets are likely to drop about 12.1 M.

Total Assets

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

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Long Term Debt

Long-term debt is a debt that Almaden Minerals has held for over one year. Long-term debt appears on Almaden Minerals balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Almaden Minerals balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most accounts from Almaden Minerals' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Almaden Minerals 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 Almaden Minerals. 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, Almaden Minerals' Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 27th of November 2024, Intangible Assets is likely to grow to 5,030, while Total Assets are likely to drop about 12.1 M.
 2021 2022 2023 2024 (projected)
Total Stockholder Equity80.2M69.8M7.0M6.7M
Total Current Liabilities590.7K428.8K951.7K695.9K

Almaden Minerals balance sheet Correlations

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0.620.60.660.39-0.590.190.640.580.480.210.450.25-0.040.270.0-0.140.390.480.18-0.71-0.6-0.04-0.1-0.10.0
0.160.60.170.07-0.15-0.230.980.150.120.250.110.390.21-0.13-0.26-0.070.070.13-0.1-0.23-0.62-0.080.050.120.21
1.00.660.170.88-0.310.210.160.350.930.470.16-0.130.120.290.090.240.870.220.02-0.51-0.260.410.180.28-0.02
0.90.390.070.880.17-0.070.01-0.130.990.63-0.31-0.470.360.09-0.10.541.0-0.26-0.37-0.22-0.210.580.350.570.15
-0.24-0.59-0.15-0.310.17-0.61-0.29-0.970.040.36-0.9-0.580.53-0.54-0.250.630.17-0.91-0.630.680.070.410.510.590.47
0.130.19-0.230.21-0.07-0.61-0.070.460.01-0.050.350.21-0.940.010.03-0.76-0.080.380.43-0.780.63-0.54-0.58-0.77-0.33
0.130.640.980.160.01-0.29-0.070.260.070.170.20.450.05-0.08-0.27-0.230.010.22-0.04-0.37-0.52-0.23-0.13-0.030.09
0.290.580.150.35-0.13-0.970.460.260.0-0.40.950.6-0.360.610.34-0.45-0.130.960.65-0.55-0.2-0.23-0.34-0.46-0.44
0.950.480.120.930.990.040.010.070.00.6-0.19-0.370.290.12-0.070.460.99-0.13-0.27-0.31-0.230.550.320.490.12
0.480.210.250.470.630.36-0.050.17-0.40.6-0.44-0.30.19-0.35-0.010.20.62-0.4-0.2-0.18-0.070.160.380.430.54
0.110.450.110.16-0.31-0.90.350.20.95-0.19-0.440.66-0.280.540.52-0.43-0.310.990.8-0.37-0.24-0.24-0.24-0.48-0.36
-0.170.250.39-0.13-0.47-0.580.210.450.6-0.37-0.30.66-0.260.00.12-0.43-0.470.680.55-0.18-0.19-0.28-0.12-0.44-0.21
0.2-0.040.210.120.360.53-0.940.05-0.360.290.19-0.28-0.260.090.080.880.37-0.3-0.380.67-0.680.720.690.860.33
0.280.27-0.130.290.09-0.540.01-0.080.610.12-0.350.540.00.090.36-0.030.090.510.17-0.17-0.19-0.02-0.20.07-0.33
0.090.0-0.260.09-0.1-0.250.03-0.270.34-0.07-0.010.520.120.080.360.01-0.10.520.780.08-0.090.110.220.00.02
0.33-0.14-0.070.240.540.63-0.76-0.23-0.450.460.2-0.43-0.430.88-0.030.010.55-0.42-0.440.62-0.440.920.790.820.34
0.90.390.070.871.00.17-0.080.01-0.130.990.62-0.31-0.470.370.09-0.10.55-0.26-0.37-0.21-0.210.590.360.580.15
0.170.480.130.22-0.26-0.910.380.220.96-0.13-0.40.990.68-0.30.510.52-0.42-0.260.81-0.4-0.23-0.2-0.2-0.45-0.34
-0.030.18-0.10.02-0.37-0.630.43-0.040.65-0.27-0.20.80.55-0.380.170.78-0.44-0.370.81-0.260.02-0.22-0.08-0.49-0.15
-0.43-0.71-0.23-0.51-0.220.68-0.78-0.37-0.55-0.31-0.18-0.37-0.180.67-0.170.080.62-0.21-0.4-0.26-0.130.470.50.540.12
-0.3-0.6-0.62-0.26-0.210.070.63-0.52-0.2-0.23-0.07-0.24-0.19-0.68-0.19-0.09-0.44-0.21-0.230.02-0.13-0.38-0.39-0.4-0.17
0.49-0.04-0.080.410.580.41-0.54-0.23-0.230.550.16-0.24-0.280.72-0.020.110.920.59-0.2-0.220.47-0.380.810.720.25
0.26-0.10.050.180.350.51-0.58-0.13-0.340.320.38-0.24-0.120.69-0.20.220.790.36-0.2-0.080.5-0.390.810.650.68
0.35-0.10.120.280.570.59-0.77-0.03-0.460.490.43-0.48-0.440.860.070.00.820.58-0.45-0.490.54-0.40.720.650.35
0.010.00.21-0.020.150.47-0.330.09-0.440.120.54-0.36-0.210.33-0.330.020.340.15-0.34-0.150.12-0.170.250.680.35
Click cells to compare fundamentals

Almaden Minerals Account Relationship Matchups

Almaden Minerals balance sheet Accounts

201920202021202220232024 (projected)
Total Assets74.1M76.4M87.2M78.1M12.7M12.1M
Total Current Liabilities900.8K582.5K590.7K428.8K951.7K695.9K
Total Stockholder Equity68.6M71.2M80.2M69.8M7.0M6.7M
Property Plant And Equipment Net71.4M72.8M76.0M70.2M6.9M6.6M
Net Debt1.9M478.8K(6.4M)(2.3M)3.1M3.2M
Retained Earnings(76.1M)(79.3M)(81.9M)(93.8M)(157.4M)(149.5M)
Accounts Payable778.8K447.6K508.1K340.5K851.2K548.6K
Cash912.2K2.5M10.2M6.7M1.7M1.6M
Non Current Assets Total71.4M72.8M76.0M70.2M6.9M6.6M
Non Currrent Assets Other71.4M58.6M(9.78)(6.84)(4.8K)(4.5K)
Cash And Short Term Investments912.2K2.5M10.2M6.7M4.2M8.0M
Net Receivables100.2K123.0K92.0K198.9K389.9K272.0K
Common Stock Shares Outstanding111.7M117.3M133.8M137.2M157.8M165.7M
Short Term Investments0.01.3M8.0M5.1M2.6M3.3M
Liabilities And Stockholders Equity74.1M76.4M87.2M78.1M12.7M12.1M
Other Stockholder Equity17.7M19.2M21.1M22.5M20.3M23.1M
Total Liab5.5M5.3M7.0M8.2M5.7M6.0M
Property Plant And Equipment Gross71.4M72.8M76.9M71.0M7.8M7.4M
Total Current Assets2.6M3.7M11.2M7.9M5.8M5.5M
Accumulated Other Comprehensive Income17.7M19.2M21.1M22.5M23.4M24.5M
Short Term Debt121.9K135.0K82.7K88.3K100.5K95.5K
Non Current Liabilities Total4.6M4.7M6.5M7.8M4.8M2.8M
Other Current Assets1.6M955.8K979.6K1.0M1.1M888.8K
Intangible Assets17.6K13.489.786.844.8K5.0K
Net Tangible Assets68.6M71.2M80.2M69.8M80.3M65.4M
Property Plant Equipment71.4M72.8M76.0M70.2M80.7M57.8M
Other Liab1.9M1.8M2.8M3.5M4.0M2.1M
Long Term Debt Total2.7M2.9M3.7M4.3M5.0M5.2M
Net Invested Capital71.1M74.0M83.4M73.7M11.4M10.8M
Net Working Capital1.7M3.1M10.7M7.5M4.8M5.5M

Pair Trading with Almaden Minerals

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 Almaden Minerals 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 Almaden Minerals will appreciate offsetting losses from the drop in the long position's value.

Moving against Almaden Stock

  0.45BRK Berkshire Hathaway CDRPairCorr
  0.35TSLA Tesla Inc CDRPairCorr
The ability to find closely correlated positions to Almaden Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Almaden Minerals 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 Almaden Minerals - 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 Almaden Minerals to buy it.
The correlation of Almaden Minerals 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 Almaden Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Almaden Minerals 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 Almaden Minerals 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 Almaden Stock

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