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.
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.
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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
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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.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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 Total | 327K | 234K | 133K | 126.4K | Total Assets | 23.7M | 14.9M | 14.9M | 14.2M |
Golden Minerals balance sheet Correlations
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Golden Minerals Account Relationship Matchups
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Golden Minerals balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.4M | 18.3M | 23.7M | 14.9M | 14.9M | 14.2M | |
Other Current Liab | 3.2M | 2.0M | 3.7M | 2.3M | 3.1M | 2.9M | |
Total Current Liabilities | 4.4M | 2.5M | 5.6M | 4.3M | 5.7M | 5.4M | |
Total Stockholder Equity | 5.6M | 12.0M | 14.2M | 6.5M | 5.1M | 4.9M | |
Property Plant And Equipment Net | 6.0M | 6.5M | 7.3M | 6.7M | 5.9M | 5.6M | |
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 Payable | 410K | 272K | 1.3M | 1.8M | 2.5M | 2.4M | |
Cash | 4.6M | 9.7M | 12.2M | 3.8M | 3.6M | 3.4M | |
Non Current Assets Total | 7.2M | 7.0M | 7.4M | 7.0M | 6.2M | 5.9M | |
Non Currrent Assets Other | 7.1M | 1.1M | 479K | 70K | 63K | 59.9K | |
Cash And Short Term Investments | 4.6M | 9.8M | 12.3M | 3.8M | 3.6M | 3.4M | |
Common Stock Shares Outstanding | 4.0M | 5.3M | 6.5M | 6.6M | 8.5M | 9.0M | |
Liabilities And Stockholders Equity | 13.4M | 18.3M | 23.7M | 14.9M | 14.9M | 14.2M | |
Other Current Assets | 923K | 1.2M | 1.2M | 2.6M | 4.1M | 3.9M | |
Other Stockholder Equity | 521.3M | 536.3M | 540.4M | 544.4M | 552.2M | 431.0M | |
Total Liab | 7.8M | 6.3M | 9.5M | 8.5M | 9.8M | 9.3M | |
Property Plant And Equipment Gross | 6.0M | 6.5M | 36.3M | 35.8M | 33.2M | 31.5M | |
Total Current Assets | 6.2M | 11.3M | 16.3M | 8.0M | 8.7M | 8.3M | |
Short Term Debt | 118K | 277K | 327K | 234K | 105K | 99.8K | |
Current Deferred Revenue | 472K | 535K | 1.5M | 1.7M | 2.0M | 2.1M | |
Net Receivables | 448K | 117K | 1.3M | 1.5M | 153K | 160.7K | |
Common Stock Total Equity | 919K | 955K | 1.1M | 1.6M | 1.8M | 1.9M | |
Non Current Liabilities Total | 3.3M | 3.8M | 3.9M | 4.1M | 4.1M | 3.9M | |
Common Stock | 1.1M | 1.6M | 1.6M | 1.7M | 141K | 134.0K | |
Short Term Investments | 0.0 | 79K | 67K | 20K | 11K | 10.5K | |
Inventory | 231K | 284K | 1.6M | 1.4M | 830K | 788.5K | |
Other Assets | 1.4M | (7K) | 1.1M | 1.2M | 1.3M | 955.2K | |
Other Liab | 3M | 2.8M | 3.2M | 3.6M | 3.2M | 2.7M | |
Net Tangible Assets | 7.4M | 5.6M | 12.0M | 14.2M | 12.8M | 9.6M | |
Property Plant Equipment | 5.8M | 5.6M | 6.2M | 5.6M | 5.0M | 7.6M | |
Capital Surpluse | 517.8M | 521.3M | 536.3M | 540.5M | 621.6M | 567.7M | |
Non Current Liabilities Other | 494K | 648K | 353K | 122K | 109.8K | 104.3K | |
Deferred Long Term Liab | 569K | 511K | 479K | 70K | 63K | 59.9K | |
Net Invested Capital | 5.6M | 12.0M | 14.2M | 6.5M | 5.1M | 6.8M | |
Net Working Capital | 1.8M | 8.8M | 10.7M | 3.6M | 3.0M | 5.4M | |
Capital Stock | 1.1M | 1.6M | 1.6M | 1.7M | 141K | 134.0K |
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
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.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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.