Golden Historical Balance Sheet

AUMN Stock  CAD 0.38  0.01  2.56%   
Trend analysis of Golden Minerals balance sheet accounts such as Short Long Term Debt Total of 126.3 K, Other Current Liabilities of 2.9 M or Total Current Liabilities of 5.4 M provides information on Golden Minerals' total assets, liabilities, and equity, which is the actual value of Golden Minerals to its prevalent stockholders. By breaking down trends over time using Golden 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 Golden 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 Golden Minerals is a good buy for the upcoming year.

Golden Minerals Inventory

788,500

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Golden 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.
To learn how to invest in Golden Stock, please use our How to Invest in Golden Minerals guide.

About Golden Balance Sheet Analysis

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

Golden Minerals Balance Sheet Chart

At this time, Golden Minerals' Net Working Capital is very stable compared to the past year. As of the 3rd of December 2024, Capital Lease Obligations is likely to grow to about 194.2 K, while Total Assets are likely to drop about 14.2 M.

Total Current Liabilities

Total Current Liabilities is an item on Golden 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 Golden 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.

Liabilities And Stockholders Equity

The total of all liabilities and equity in the company, which should equal the company's total assets according to the accounting equation.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most accounts from Golden Minerals' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Golden 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 Golden 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.
To learn how to invest in Golden Stock, please use our How to Invest in Golden Minerals guide.At this time, Golden Minerals' Net Working Capital is very stable compared to the past year. As of the 3rd of December 2024, Capital Lease Obligations is likely to grow to about 194.2 K, while Total Assets are likely to drop about 14.2 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total327K234K133K126.4K
Total Assets23.7M14.9M14.9M14.2M

Golden Minerals balance sheet Correlations

0.590.930.921.00.99-0.920.660.840.921.0-0.260.92-0.460.05-0.020.990.990.95-0.18-0.160.75-0.460.99-0.3-0.09
0.590.650.610.60.61-0.520.370.250.550.590.260.55-0.73-0.030.050.560.550.550.66-0.380.45-0.750.53-0.4-0.19
0.930.650.950.920.93-0.830.450.780.830.93-0.350.83-0.330.260.190.930.940.88-0.040.030.66-0.340.91-0.28-0.31
0.920.610.950.920.92-0.810.520.870.830.92-0.380.83-0.280.270.080.940.940.87-0.10.10.66-0.30.91-0.35-0.2
1.00.60.920.920.99-0.930.670.840.931.0-0.260.93-0.480.04-0.040.990.980.95-0.17-0.180.75-0.480.99-0.31-0.08
0.990.610.930.920.99-0.90.620.830.91.0-0.230.9-0.450.040.020.990.990.93-0.17-0.150.8-0.450.99-0.3-0.13
-0.92-0.52-0.83-0.81-0.93-0.9-0.84-0.78-1.0-0.90.42-1.00.560.040.31-0.87-0.88-0.990.160.3-0.690.56-0.890.33-0.23
0.660.370.450.520.670.62-0.840.590.840.63-0.250.84-0.67-0.25-0.750.590.590.79-0.12-0.530.49-0.710.64-0.480.68
0.840.250.780.870.840.83-0.780.590.780.84-0.520.78-0.050.39-0.120.870.880.83-0.430.260.63-0.10.86-0.40.03
0.920.550.830.830.930.9-1.00.840.780.9-0.411.0-0.58-0.06-0.320.880.880.99-0.14-0.310.69-0.580.89-0.340.23
1.00.590.930.921.01.0-0.90.630.840.9-0.240.9-0.450.050.010.990.990.93-0.18-0.150.74-0.441.0-0.29-0.13
-0.260.26-0.35-0.38-0.26-0.230.42-0.25-0.52-0.41-0.24-0.4-0.32-0.420.15-0.27-0.3-0.420.52-0.4-0.12-0.31-0.26-0.01-0.19
0.920.550.830.830.930.9-1.00.840.781.00.9-0.4-0.58-0.06-0.320.880.880.99-0.14-0.310.7-0.580.89-0.340.23
-0.46-0.73-0.33-0.28-0.48-0.450.56-0.67-0.05-0.58-0.45-0.32-0.580.560.4-0.37-0.35-0.51-0.450.88-0.360.98-0.410.26-0.33
0.05-0.030.260.270.040.040.04-0.250.39-0.060.05-0.42-0.060.560.280.10.120.02-0.020.78-0.180.470.05-0.34-0.34
-0.020.050.190.08-0.040.020.31-0.75-0.12-0.320.010.15-0.320.40.280.050.05-0.240.050.460.010.460.00.45-0.96
0.990.560.930.940.990.99-0.870.590.870.880.99-0.270.88-0.370.10.050.990.92-0.22-0.070.74-0.371.0-0.28-0.16
0.990.550.940.940.980.99-0.880.590.880.880.99-0.30.88-0.350.120.050.990.93-0.23-0.030.8-0.350.99-0.28-0.16
0.950.550.880.870.950.93-0.990.790.830.990.93-0.420.99-0.510.02-0.240.920.93-0.16-0.220.73-0.520.92-0.340.15
-0.180.66-0.04-0.1-0.17-0.170.16-0.12-0.43-0.14-0.180.52-0.14-0.45-0.020.05-0.22-0.23-0.16-0.29-0.19-0.49-0.25-0.22-0.11
-0.16-0.380.030.1-0.18-0.150.3-0.530.26-0.31-0.15-0.4-0.310.880.780.46-0.07-0.03-0.22-0.29-0.110.83-0.120.1-0.45
0.750.450.660.660.750.8-0.690.490.630.690.74-0.120.7-0.36-0.180.010.740.80.73-0.19-0.11-0.360.75-0.09-0.05
-0.46-0.75-0.34-0.3-0.48-0.450.56-0.71-0.1-0.58-0.44-0.31-0.580.980.470.46-0.37-0.35-0.52-0.490.83-0.36-0.40.4-0.38
0.990.530.910.910.990.99-0.890.640.860.891.0-0.260.89-0.410.050.01.00.990.92-0.25-0.120.75-0.4-0.28-0.11
-0.3-0.4-0.28-0.35-0.31-0.30.33-0.48-0.4-0.34-0.29-0.01-0.340.26-0.340.45-0.28-0.28-0.34-0.220.1-0.090.4-0.28-0.3
-0.09-0.19-0.31-0.2-0.08-0.13-0.230.680.030.23-0.13-0.190.23-0.33-0.34-0.96-0.16-0.160.15-0.11-0.45-0.05-0.38-0.11-0.3
Click cells to compare fundamentals

Golden Minerals Account Relationship Matchups

Golden Minerals balance sheet Accounts

201920202021202220232024 (projected)
Total Assets13.4M18.3M23.7M14.9M14.9M14.2M
Other Current Liab3.2M2.0M3.7M2.3M3.1M2.9M
Total Current Liabilities4.4M2.5M5.6M4.3M5.7M5.4M
Total Stockholder Equity5.6M12.0M14.2M6.5M5.1M4.9M
Property Plant And Equipment Net6.0M6.5M7.3M6.7M5.9M5.6M
Net Debt(3.6M)(9.4M)(11.9M)(3.6M)(3.5M)(3.3M)
Retained Earnings(516.8M)(525.9M)(528.0M)(538.0M)(547.2M)(519.8M)
Accounts Payable410K272K1.3M1.8M2.5M2.4M
Cash4.6M9.7M12.2M3.8M3.6M3.4M
Non Current Assets Total7.2M7.0M7.4M7.0M6.2M5.9M
Non Currrent Assets Other7.1M1.1M479K70K63K59.9K
Cash And Short Term Investments4.6M9.8M12.3M3.8M3.6M3.4M
Common Stock Shares Outstanding4.0M5.3M6.5M6.6M8.5M9.0M
Liabilities And Stockholders Equity13.4M18.3M23.7M14.9M14.9M14.2M
Other Current Assets923K1.2M1.2M2.6M4.1M3.9M
Other Stockholder Equity521.3M536.3M540.4M544.4M552.2M431.0M
Total Liab7.8M6.3M9.5M8.5M9.8M9.3M
Property Plant And Equipment Gross6.0M6.5M36.3M35.8M33.2M31.5M
Total Current Assets6.2M11.3M16.3M8.0M8.7M8.3M
Short Term Debt118K277K327K234K105K99.8K
Current Deferred Revenue472K535K1.5M1.7M2.0M2.1M
Net Receivables448K117K1.3M1.5M153K160.7K
Common Stock Total Equity919K955K1.1M1.6M1.8M1.9M
Non Current Liabilities Total3.3M3.8M3.9M4.1M4.1M3.9M
Common Stock1.1M1.6M1.6M1.7M141K134.0K
Short Term Investments0.079K67K20K11K10.5K
Inventory231K284K1.6M1.4M830K788.5K
Other Assets1.4M(7K)1.1M1.2M1.3M955.2K
Other Liab3M2.8M3.2M3.6M3.2M2.7M
Net Tangible Assets7.4M5.6M12.0M14.2M12.8M9.6M
Property Plant Equipment5.8M5.6M6.2M5.6M5.0M7.6M
Capital Surpluse517.8M521.3M536.3M540.5M621.6M567.7M
Non Current Liabilities Other494K648K353K122K109.8K104.3K
Deferred Long Term Liab569K511K479K70K63K59.9K
Net Invested Capital5.6M12.0M14.2M6.5M5.1M6.8M
Net Working Capital1.8M8.8M10.7M3.6M3.0M5.4M
Capital Stock1.1M1.6M1.6M1.7M141K134.0K

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

Moving together with Golden Stock

  0.64IE Ivanhoe EnergyPairCorr
The ability to find closely correlated positions to Golden 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 Golden 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 Golden 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 Golden Minerals to buy it.
The correlation of Golden 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 Golden Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Golden 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 Golden 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
When determining whether Golden Minerals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Minerals' 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 Golden Minerals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Minerals Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Golden 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.
To learn how to invest in Golden Stock, please use our How to Invest in Golden Minerals guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Please note, there is a significant difference between Golden Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Minerals' 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.