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.

Cash Flow Balance Sheet Income Statement

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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 Current Liabilities Total Stockholder Equity Property Plant And Equipment Net Non Currrent Assets Other Short Term Investments

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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.

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.

Short Term Investments

Short Term Investments is an item under the current assets section of Almaden Minerals balance sheet. It contains any investments Almaden Minerals undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Almaden Minerals can easily liquidate in the marketplace.

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.

	2021	2022	2023	2024 (projected)
Total Stockholder Equity	80.2M	69.8M	7.0M	6.7M
Total Current Liabilities	590.7K	428.8K	951.7K	695.9K

Total Stockholder Equity Total Current Liabilities

Almaden Minerals balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Current Deferred Revenue	Inventory	Non Current Liabilities Total	Other Current Assets	Common Stock Total Equity	Intangible Assets
Total Assets		0.62	0.16	1.0	0.9	-0.24	0.13	0.13	0.29	0.95	0.48	0.11	-0.17	0.2	0.28	0.09	0.33	0.9	0.17	-0.03	-0.43	-0.3	0.49	0.26	0.35	0.01
Other Current Liab	0.62		0.6	0.66	0.39	-0.59	0.19	0.64	0.58	0.48	0.21	0.45	0.25	-0.04	0.27	0.0	-0.14	0.39	0.48	0.18	-0.71	-0.6	-0.04	-0.1	-0.1	0.0
Total Current Liabilities	0.16	0.6		0.17	0.07	-0.15	-0.23	0.98	0.15	0.12	0.25	0.11	0.39	0.21	-0.13	-0.26	-0.07	0.07	0.13	-0.1	-0.23	-0.62	-0.08	0.05	0.12	0.21
Total Stockholder Equity	1.0	0.66	0.17		0.88	-0.31	0.21	0.16	0.35	0.93	0.47	0.16	-0.13	0.12	0.29	0.09	0.24	0.87	0.22	0.02	-0.51	-0.26	0.41	0.18	0.28	-0.02
Property Plant And Equipment Net	0.9	0.39	0.07	0.88		0.17	-0.07	0.01	-0.13	0.99	0.63	-0.31	-0.47	0.36	0.09	-0.1	0.54	1.0	-0.26	-0.37	-0.22	-0.21	0.58	0.35	0.57	0.15
Net Debt	-0.24	-0.59	-0.15	-0.31	0.17		-0.61	-0.29	-0.97	0.04	0.36	-0.9	-0.58	0.53	-0.54	-0.25	0.63	0.17	-0.91	-0.63	0.68	0.07	0.41	0.51	0.59	0.47
Retained Earnings	0.13	0.19	-0.23	0.21	-0.07	-0.61		-0.07	0.46	0.01	-0.05	0.35	0.21	-0.94	0.01	0.03	-0.76	-0.08	0.38	0.43	-0.78	0.63	-0.54	-0.58	-0.77	-0.33
Accounts Payable	0.13	0.64	0.98	0.16	0.01	-0.29	-0.07		0.26	0.07	0.17	0.2	0.45	0.05	-0.08	-0.27	-0.23	0.01	0.22	-0.04	-0.37	-0.52	-0.23	-0.13	-0.03	0.09
Cash	0.29	0.58	0.15	0.35	-0.13	-0.97	0.46	0.26		0.0	-0.4	0.95	0.6	-0.36	0.61	0.34	-0.45	-0.13	0.96	0.65	-0.55	-0.2	-0.23	-0.34	-0.46	-0.44
Non Current Assets Total	0.95	0.48	0.12	0.93	0.99	0.04	0.01	0.07	0.0		0.6	-0.19	-0.37	0.29	0.12	-0.07	0.46	0.99	-0.13	-0.27	-0.31	-0.23	0.55	0.32	0.49	0.12
Non Currrent Assets Other	0.48	0.21	0.25	0.47	0.63	0.36	-0.05	0.17	-0.4	0.6		-0.44	-0.3	0.19	-0.35	-0.01	0.2	0.62	-0.4	-0.2	-0.18	-0.07	0.16	0.38	0.43	0.54
Cash And Short Term Investments	0.11	0.45	0.11	0.16	-0.31	-0.9	0.35	0.2	0.95	-0.19	-0.44		0.66	-0.28	0.54	0.52	-0.43	-0.31	0.99	0.8	-0.37	-0.24	-0.24	-0.24	-0.48	-0.36
Net Receivables	-0.17	0.25	0.39	-0.13	-0.47	-0.58	0.21	0.45	0.6	-0.37	-0.3	0.66		-0.26	0.0	0.12	-0.43	-0.47	0.68	0.55	-0.18	-0.19	-0.28	-0.12	-0.44	-0.21
Common Stock Shares Outstanding	0.2	-0.04	0.21	0.12	0.36	0.53	-0.94	0.05	-0.36	0.29	0.19	-0.28	-0.26		0.09	0.08	0.88	0.37	-0.3	-0.38	0.67	-0.68	0.72	0.69	0.86	0.33
Short Term Investments	0.28	0.27	-0.13	0.29	0.09	-0.54	0.01	-0.08	0.61	0.12	-0.35	0.54	0.0	0.09		0.36	-0.03	0.09	0.51	0.17	-0.17	-0.19	-0.02	-0.2	0.07	-0.33
Other Stockholder Equity	0.09	0.0	-0.26	0.09	-0.1	-0.25	0.03	-0.27	0.34	-0.07	-0.01	0.52	0.12	0.08	0.36		0.01	-0.1	0.52	0.78	0.08	-0.09	0.11	0.22	0.0	0.02
Total Liab	0.33	-0.14	-0.07	0.24	0.54	0.63	-0.76	-0.23	-0.45	0.46	0.2	-0.43	-0.43	0.88	-0.03	0.01		0.55	-0.42	-0.44	0.62	-0.44	0.92	0.79	0.82	0.34
Property Plant And Equipment Gross	0.9	0.39	0.07	0.87	1.0	0.17	-0.08	0.01	-0.13	0.99	0.62	-0.31	-0.47	0.37	0.09	-0.1	0.55		-0.26	-0.37	-0.21	-0.21	0.59	0.36	0.58	0.15
Total Current Assets	0.17	0.48	0.13	0.22	-0.26	-0.91	0.38	0.22	0.96	-0.13	-0.4	0.99	0.68	-0.3	0.51	0.52	-0.42	-0.26		0.81	-0.4	-0.23	-0.2	-0.2	-0.45	-0.34
Short Term Debt	-0.03	0.18	-0.1	0.02	-0.37	-0.63	0.43	-0.04	0.65	-0.27	-0.2	0.8	0.55	-0.38	0.17	0.78	-0.44	-0.37	0.81		-0.26	0.02	-0.22	-0.08	-0.49	-0.15
Current Deferred Revenue	-0.43	-0.71	-0.23	-0.51	-0.22	0.68	-0.78	-0.37	-0.55	-0.31	-0.18	-0.37	-0.18	0.67	-0.17	0.08	0.62	-0.21	-0.4	-0.26		-0.13	0.47	0.5	0.54	0.12
Inventory	-0.3	-0.6	-0.62	-0.26	-0.21	0.07	0.63	-0.52	-0.2	-0.23	-0.07	-0.24	-0.19	-0.68	-0.19	-0.09	-0.44	-0.21	-0.23	0.02	-0.13		-0.38	-0.39	-0.4	-0.17
Non Current Liabilities Total	0.49	-0.04	-0.08	0.41	0.58	0.41	-0.54	-0.23	-0.23	0.55	0.16	-0.24	-0.28	0.72	-0.02	0.11	0.92	0.59	-0.2	-0.22	0.47	-0.38		0.81	0.72	0.25
Other Current Assets	0.26	-0.1	0.05	0.18	0.35	0.51	-0.58	-0.13	-0.34	0.32	0.38	-0.24	-0.12	0.69	-0.2	0.22	0.79	0.36	-0.2	-0.08	0.5	-0.39	0.81		0.65	0.68
Common Stock Total Equity	0.35	-0.1	0.12	0.28	0.57	0.59	-0.77	-0.03	-0.46	0.49	0.43	-0.48	-0.44	0.86	0.07	0.0	0.82	0.58	-0.45	-0.49	0.54	-0.4	0.72	0.65		0.35
Intangible Assets	0.01	0.0	0.21	-0.02	0.15	0.47	-0.33	0.09	-0.44	0.12	0.54	-0.36	-0.21	0.33	-0.33	0.02	0.34	0.15	-0.34	-0.15	0.12	-0.17	0.25	0.68	0.35

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Almaden Minerals Account Relationship Matchups

Almaden Minerals balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	74.1M	76.4M	87.2M	78.1M	12.7M	12.1M
Total Current Liabilities	900.8K	582.5K	590.7K	428.8K	951.7K	695.9K
Total Stockholder Equity	68.6M	71.2M	80.2M	69.8M	7.0M	6.7M
Property Plant And Equipment Net	71.4M	72.8M	76.0M	70.2M	6.9M	6.6M
Net Debt	1.9M	478.8K	(6.4M)	(2.3M)	3.1M	3.2M
Retained Earnings	(76.1M)	(79.3M)	(81.9M)	(93.8M)	(157.4M)	(149.5M)
Accounts Payable	778.8K	447.6K	508.1K	340.5K	851.2K	548.6K
Cash	912.2K	2.5M	10.2M	6.7M	1.7M	1.6M
Non Current Assets Total	71.4M	72.8M	76.0M	70.2M	6.9M	6.6M
Non Currrent Assets Other	71.4M	58.6M	(9.78)	(6.84)	(4.8K)	(4.5K)
Cash And Short Term Investments	912.2K	2.5M	10.2M	6.7M	4.2M	8.0M
Net Receivables	100.2K	123.0K	92.0K	198.9K	389.9K	272.0K
Common Stock Shares Outstanding	111.7M	117.3M	133.8M	137.2M	157.8M	165.7M
Short Term Investments	0.0	1.3M	8.0M	5.1M	2.6M	3.3M
Liabilities And Stockholders Equity	74.1M	76.4M	87.2M	78.1M	12.7M	12.1M
Other Stockholder Equity	17.7M	19.2M	21.1M	22.5M	20.3M	23.1M
Total Liab	5.5M	5.3M	7.0M	8.2M	5.7M	6.0M
Property Plant And Equipment Gross	71.4M	72.8M	76.9M	71.0M	7.8M	7.4M
Total Current Assets	2.6M	3.7M	11.2M	7.9M	5.8M	5.5M
Accumulated Other Comprehensive Income	17.7M	19.2M	21.1M	22.5M	23.4M	24.5M
Short Term Debt	121.9K	135.0K	82.7K	88.3K	100.5K	95.5K
Non Current Liabilities Total	4.6M	4.7M	6.5M	7.8M	4.8M	2.8M
Other Current Assets	1.6M	955.8K	979.6K	1.0M	1.1M	888.8K
Intangible Assets	17.6K	13.48	9.78	6.84	4.8K	5.0K
Net Tangible Assets	68.6M	71.2M	80.2M	69.8M	80.3M	65.4M
Property Plant Equipment	71.4M	72.8M	76.0M	70.2M	80.7M	57.8M
Other Liab	1.9M	1.8M	2.8M	3.5M	4.0M	2.1M
Long Term Debt Total	2.7M	2.9M	3.7M	4.3M	5.0M	5.2M
Net Invested Capital	71.1M	74.0M	83.4M	73.7M	11.4M	10.8M
Net Working Capital	1.7M	3.1M	10.7M	7.5M	4.8M	5.5M

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

0.45	BRK	Berkshire Hathaway CDR	Pair Corr
0.35	TSLA	Tesla Inc CDR	Pair Corr

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 Correlation Correlation Matching

Other Information on Investing in Almaden Stock

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Almaden Historical Balance Sheet

Almaden Minerals Inventory

229,644

About Almaden Balance Sheet Analysis

Almaden Minerals Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Property Plant And Equipment Net

Non Currrent Assets Other

Short Term Investments

Almaden Minerals balance sheet Correlations

Almaden Minerals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Almaden Minerals balance sheet Accounts

Pair Trading with Almaden Minerals

Moving against Almaden Stock

Other Information on Investing in Almaden Stock

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.99	Non Current Assets Total
Total Current Assets	+ 0.99	Cash And Short Term Investments
Accounts Payable	+ 0.98	Total Current Liabilities

Cash	- 0.97	Net Debt
Common Stock Shares Outstanding	- 0.94	Retained Earnings
Total Current Assets	- 0.91	Net Debt
Cash And Short Term Investments	- 0.9	Net Debt
Current Deferred Revenue	- 0.78	Retained Earnings
Common Stock Total Equity	- 0.77	Retained Earnings