Aris Historical Balance Sheet

ARMN Stock   3.79  0.30  7.33%   
Trend analysis of Aris Mining balance sheet accounts such as Other Current Liab of 22.5 M, Total Current Liabilities of 140.9 M or Total Stockholder Equity of 655.9 M provides information on Aris Mining's total assets, liabilities, and equity, which is the actual value of Aris Mining to its prevalent stockholders. By breaking down trends over time using Aris Mining 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.
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Aris Mining 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 Aris Mining is a good buy for the upcoming year.

Aris Mining Inventory

20.14 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aris Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Aris Stock, please use our How to Invest in Aris Mining guide.

About Aris Balance Sheet Analysis

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

Aris Mining Balance Sheet Chart

At this time, Aris Mining's Cash is very stable compared to the past year. As of the 29th of November 2024, Non Current Assets Total is likely to grow to about 1.1 B, while Other Current Liabilities is likely to drop about 22.5 M.

Total Assets

Total assets refers to the total amount of Aris Mining 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 Aris Mining 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 Aris 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 Aris Mining 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.

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.
Most accounts from Aris Mining's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Aris Mining 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 Aris Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Aris Stock, please use our How to Invest in Aris Mining guide.At this time, Aris Mining's Cash is very stable compared to the past year. As of the 29th of November 2024, Non Current Assets Total is likely to grow to about 1.1 B, while Other Current Liabilities is likely to drop about 22.5 M.
 2021 2022 2023 2024 (projected)
Other Current Liabilities11.2M11.7M32.7M22.5M
Total Assets998.4M1.2B1.4B1.4B

Aris Mining balance sheet Correlations

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-0.070.55-0.22-0.11-0.13-0.630.16-0.14-0.15-0.140.19-0.090.240.020.12-0.190.07-0.030.050.03-0.130.390.61-0.130.19
0.470.550.280.460.42-0.520.640.290.430.290.410.20.00.570.440.460.71-0.280.12-0.210.380.430.460.330.44
0.94-0.220.280.940.580.210.720.660.970.660.060.590.320.830.650.850.030.190.680.250.860.610.180.660.54
0.93-0.110.460.940.770.050.840.530.990.530.140.610.230.860.560.850.20.050.570.120.840.580.190.60.48
0.56-0.130.420.580.770.050.780.020.710.020.170.23-0.020.520.10.550.340.080.320.120.470.170.120.160.03
0.0-0.63-0.520.210.050.05-0.19-0.080.07-0.08-0.19-0.240.11-0.16-0.16-0.04-0.250.620.20.55-0.03-0.26-0.2-0.09-0.23
0.820.160.640.720.840.78-0.190.450.820.450.170.44-0.060.830.60.790.21-0.060.58-0.020.760.60.520.50.52
0.79-0.140.290.660.530.02-0.080.450.631.00.160.71-0.050.840.940.850.0-0.290.42-0.260.870.660.290.920.89
0.96-0.150.430.970.990.710.070.820.630.630.110.650.20.890.640.90.160.040.610.10.890.610.210.670.55
0.79-0.140.290.660.530.02-0.080.451.00.630.160.71-0.050.840.940.850.0-0.290.42-0.260.870.660.290.920.89
0.170.190.410.060.140.17-0.190.170.160.110.160.00.140.240.260.220.280.13-0.230.150.160.250.320.20.15
0.71-0.090.20.590.610.23-0.240.440.710.650.710.0-0.150.760.670.72-0.09-0.440.46-0.410.80.570.140.750.69
0.140.240.00.320.23-0.020.11-0.06-0.050.2-0.050.14-0.15-0.02-0.03-0.06-0.080.590.070.68-0.030.28-0.04-0.09-0.08
0.970.020.570.830.860.52-0.160.830.840.890.840.240.76-0.020.880.970.16-0.220.55-0.170.980.740.440.850.82
0.820.120.440.650.560.1-0.160.60.940.640.940.260.67-0.030.880.84-0.06-0.190.54-0.160.880.780.590.860.93
0.96-0.190.460.850.850.55-0.040.790.850.90.850.220.72-0.060.970.840.18-0.20.52-0.160.970.640.310.850.76
0.10.070.710.030.20.34-0.250.210.00.160.00.28-0.09-0.080.16-0.060.18-0.29-0.29-0.24-0.01-0.12-0.210.08-0.02
-0.04-0.03-0.280.190.050.080.62-0.06-0.290.04-0.290.13-0.440.59-0.22-0.19-0.2-0.290.320.99-0.18-0.020.12-0.34-0.32
0.640.050.120.680.570.320.20.580.420.610.42-0.230.460.070.550.540.52-0.290.320.330.590.520.480.360.46
0.020.03-0.210.250.120.120.55-0.02-0.260.1-0.260.15-0.410.68-0.17-0.16-0.16-0.240.990.33-0.150.040.12-0.31-0.3
0.96-0.130.380.860.840.47-0.030.760.870.890.870.160.8-0.030.980.880.97-0.01-0.180.59-0.150.720.370.870.81
0.720.390.430.610.580.17-0.260.60.660.610.660.250.570.280.740.780.64-0.12-0.020.520.040.720.580.760.85
0.360.610.460.180.190.12-0.20.520.290.210.290.320.14-0.040.440.590.31-0.210.120.480.120.370.580.260.54
0.8-0.130.330.660.60.16-0.090.50.920.670.920.20.75-0.090.850.860.850.08-0.340.36-0.310.870.760.260.91
0.730.190.440.540.480.03-0.230.520.890.550.890.150.69-0.080.820.930.76-0.02-0.320.46-0.30.810.850.540.91
Click cells to compare fundamentals

Aris Mining Account Relationship Matchups

Aris Mining balance sheet Accounts

201920202021202220232024 (projected)
Total Assets359.4M650.6M998.4M1.2B1.4B1.4B
Other Current Liab47.2M89.2M11.2M11.7M32.7M22.5M
Total Current Liabilities86.8M178.4M64.3M145.3M134.2M140.9M
Total Stockholder Equity117.6M153.7M478.5M501.4M624.7M655.9M
Property Plant And Equipment Net207.5M302.6M455.8M749.1M938.6M985.6M
Net Debt8.0M22.6M(5.5M)136.6M188.3M197.7M
Retained Earnings(395.4M)(383.2M)(212.4M)(221.4M)(215.4M)(226.2M)
Accounts Payable20.9M34.5M23.8M37.9M55.2M58.0M
Cash84.2M122.5M323.6M299.5M194.6M204.4M
Non Current Assets Total222.5M321.9M616.4M863.9M1.1B1.1B
Cash And Short Term Investments84.2M122.5M323.6M299.5M194.6M204.4M
Net Receivables15.3M24.2M80K48.5M3.5M3.3M
Common Stock Shares Outstanding49.5M60.7M94.9M108.2M137.1M143.9M
Liabilities And Stockholders Equity359.4M650.6M998.4M1.2B1.4B1.4B
Other Stockholder Equity176.1M180.5M177.3M180.7M181.8M142.3M
Total Liab241.8M454.3M519.9M740.7M728.2M764.6M
Total Current Assets136.9M328.7M382.0M378.2M289.1M303.6M
Short Long Term Debt Total92.3M145.2M318.1M436.1M382.9M402.1M
Short Term Debt18.7M14.3M9.9M69.4M38.8M34.2M
Non Currrent Assets Other4.3M8.8M14.1M1.2M15.3M16.1M
Non Current Liabilities Total154.9M275.9M455.5M595.5M594.0M623.7M
Inventory24.3M30.4M22.4M26.6M38.9M20.1M
Other Current Assets13.0M151.6M35.9M38.5M52.1M34.9M
Accumulated Other Comprehensive Income(109.0M)(115.8M)(122.7M)(183.1M)(61.5M)(64.5M)
Common Stock446.0M472.2M626.0M715.0M719.8M516.7M

Pair Trading with Aris 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 Aris 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 Aris Mining will appreciate offsetting losses from the drop in the long position's value.

Moving together with Aris Stock

  0.68BAK Braskem SA ClassPairCorr
  0.65DOW Dow Inc Fiscal Year End 23rd of January 2025 PairCorr

Moving against Aris Stock

  0.6KALU Kaiser AluminumPairCorr
  0.43ZEUS Olympic SteelPairCorr
The ability to find closely correlated positions to Aris 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 Aris 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 Aris 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 Aris Mining to buy it.
The correlation of Aris 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 Aris Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aris 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 Aris 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
When determining whether Aris Mining offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aris Mining's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aris Mining Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aris Mining Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aris Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Aris Stock, please use our How to Invest in Aris Mining guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aris Mining. If investors know Aris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aris Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.495
Earnings Share
(0.03)
Revenue Per Share
3.249
Quarterly Revenue Growth
0.157
Return On Assets
0.0422
The market value of Aris Mining is measured differently than its book value, which is the value of Aris that is recorded on the company's balance sheet. Investors also form their own opinion of Aris Mining's value that differs from its market value or its book value, called intrinsic value, which is Aris Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aris Mining's market value can be influenced by many factors that don't directly affect Aris Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aris Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aris Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aris Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.