ASA Historical Balance Sheet
ASA Stock | USD 20.15 0.17 0.84% |
Trend analysis of ASA Gold and balance sheet accounts such as Other Current Liab of 316.8 K, Total Current Liabilities of 316.8 K or Total Stockholder Equity of 308.9 M provides information on ASA Gold's total assets, liabilities, and equity, which is the actual value of ASA Gold to its prevalent stockholders. By breaking down trends over time using ASA Gold 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 ASA Gold 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 ASA Gold is a good buy for the upcoming year.
ASA Gold Inventory |
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About ASA Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of ASA Gold at a specified time, usually calculated after every quarter, six months, or one year. ASA Gold Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ASA Gold 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 ASA currently owns. An asset can also be divided into two categories, current and non-current.
ASA Gold Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of ASA Gold 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 ASA Gold 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 ASA Gold balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ASA Gold and 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.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Accounts Payable
An accounting item on the balance sheet that represents ASA Gold 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 ASA Gold 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.Most accounts from ASA Gold's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into ASA Gold 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 ASA Gold and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At present, ASA Gold's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 308.9 M, whereas Other Current Liabilities is forecasted to decline to about 316.8 K.
2023 | 2024 (projected) | Accounts Payable | 164.6K | 156.4K | Retained Earnings | 361.4M | 274.8M |
ASA Gold balance sheet Correlations
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ASA Gold Account Relationship Matchups
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ASA Gold balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 464.7M | 482.7M | 326.3M | 335.6M | 302.1M | 323.7M | |
Other Current Liab | 433.6K | 462.3K | 312.4K | 370.6K | 333.5K | 316.8K | |
Total Current Liabilities | 433.6K | 462.3K | 312.4K | 370.6K | 333.5K | 316.8K | |
Total Stockholder Equity | 463.9M | 481.9M | 325.6M | 334.9M | 301.4M | 308.9M | |
Retained Earnings | 443.3M | 461.2M | 304.9M | 314.3M | 361.4M | 274.8M | |
Cash | 1.3M | 79.9K | 78.5K | 4.8M | 4.3M | 5.5M | |
Other Assets | 109.1K | 131.0K | 104.2K | 88.6K | 101.8K | 106.9K | |
Total Liab | 803.4K | 462.3K | 691.6K | 706.5K | 635.9K | 604.1K | |
Other Liab | 411.3K | 369.8K | 333.5K | 379.2K | 341.3K | 324.3K | |
Net Debt | (1.3M) | (79.9K) | (78.5K) | (4.8M) | (5.5M) | (5.8M) | |
Non Current Assets Total | 463.1M | 482.3M | 325.9M | 330.4M | 297.3M | 345.5M | |
Non Currrent Assets Other | (463.1M) | (482.3M) | (325.9M) | (330.4M) | (379.9M) | (398.9M) | |
Cash And Short Term Investments | 1.3M | 79.9K | 78.5K | 4.8M | 4.3M | 5.4M | |
Net Receivables | 177.2K | 236.8K | 183.8K | 328.2K | 295.4K | 237.0K | |
Liabilities And Stockholders Equity | 464.7M | 482.7M | 326.3M | 335.6M | 302.1M | 351.0M | |
Non Current Liabilities Total | 803.4K | 795.7K | 691.6K | 336.0K | 302.4K | 287.2K | |
Total Current Assets | 1.5M | 316.7K | 262.3K | 5.2M | 4.7M | 5.6M | |
Net Tangible Assets | 285.9M | 463.9M | 481.9M | 325.6M | 293.0M | 299.3M | |
Long Term Investments | 463.1M | 482.3M | 325.9M | 330.4M | 297.3M | 292.8M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ASA Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASA Gold'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 Asa Gold And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asa Gold And Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASA Gold and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Asset Management & Custody Banks 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 ASA Gold. If investors know ASA 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 ASA Gold 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 3.282 | Dividend Share 0.03 | Earnings Share 3.25 | Revenue Per Share 0.104 | Quarterly Revenue Growth (0.44) |
The market value of ASA Gold is measured differently than its book value, which is the value of ASA that is recorded on the company's balance sheet. Investors also form their own opinion of ASA Gold's value that differs from its market value or its book value, called intrinsic value, which is ASA Gold'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 ASA Gold's market value can be influenced by many factors that don't directly affect ASA Gold'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 ASA Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASA Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASA Gold'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.