Golden Historical Balance Sheet

AUMN Stock

CAD 0.31 0.03 8.82%

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.

Cash Flow Balance Sheet Income Statement

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Housing Crash

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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 11th 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 Assets Other Current Liab Total Current Liabilities Cash Non Currrent Assets Other Short Long Term Debt

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Total Assets

Total assets refers to the total amount of Golden 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 Golden 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 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.

Cash

Cash refers to the most liquid asset of Golden Minerals, which is listed under current asset account on Golden Minerals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Golden Minerals customers. The amounts must be unrestricted with restricted cash listed in a different Golden Minerals account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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 Long Term Debt

The total of a company's short-term and long-term borrowings.

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 11th 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

Short Long Term Debt Total Total Assets

Golden Minerals balance sheet Correlations

	Total Assets	Short Long Term Debt Total	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	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Current Deferred Revenue	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Common Stock	Short Term Investments
Total Assets		0.59	0.93	0.92	1.0	0.99	-0.92	0.66	0.84	0.92	1.0	-0.26	0.92	-0.46	0.05	-0.02	0.99	0.99	0.95	-0.18	-0.16	0.75	-0.46	0.99	-0.3	-0.09
Short Long Term Debt Total	0.59		0.65	0.61	0.6	0.61	-0.52	0.37	0.25	0.55	0.59	0.26	0.55	-0.73	-0.03	0.05	0.56	0.55	0.55	0.66	-0.38	0.45	-0.75	0.53	-0.4	-0.19
Other Current Liab	0.93	0.65		0.95	0.92	0.93	-0.83	0.45	0.78	0.83	0.93	-0.35	0.83	-0.33	0.26	0.19	0.93	0.94	0.88	-0.04	0.03	0.66	-0.34	0.91	-0.28	-0.31
Total Current Liabilities	0.92	0.61	0.95		0.92	0.92	-0.81	0.52	0.87	0.83	0.92	-0.38	0.83	-0.28	0.27	0.08	0.94	0.94	0.87	-0.1	0.1	0.66	-0.3	0.91	-0.35	-0.2
Total Stockholder Equity	1.0	0.6	0.92	0.92		0.99	-0.93	0.67	0.84	0.93	1.0	-0.26	0.93	-0.48	0.04	-0.04	0.99	0.98	0.95	-0.17	-0.18	0.75	-0.48	0.99	-0.31	-0.08
Property Plant And Equipment Net	0.99	0.61	0.93	0.92	0.99		-0.9	0.62	0.83	0.9	1.0	-0.23	0.9	-0.45	0.04	0.02	0.99	0.99	0.93	-0.17	-0.15	0.8	-0.45	0.99	-0.3	-0.13
Net Debt	-0.92	-0.52	-0.83	-0.81	-0.93	-0.9		-0.84	-0.78	-1.0	-0.9	0.42	-1.0	0.56	0.04	0.31	-0.87	-0.88	-0.99	0.16	0.3	-0.69	0.56	-0.89	0.33	-0.23
Retained Earnings	0.66	0.37	0.45	0.52	0.67	0.62	-0.84		0.59	0.84	0.63	-0.25	0.84	-0.67	-0.25	-0.75	0.59	0.59	0.79	-0.12	-0.53	0.49	-0.71	0.64	-0.48	0.68
Accounts Payable	0.84	0.25	0.78	0.87	0.84	0.83	-0.78	0.59		0.78	0.84	-0.52	0.78	-0.05	0.39	-0.12	0.87	0.88	0.83	-0.43	0.26	0.63	-0.1	0.86	-0.4	0.03
Cash	0.92	0.55	0.83	0.83	0.93	0.9	-1.0	0.84	0.78		0.9	-0.41	1.0	-0.58	-0.06	-0.32	0.88	0.88	0.99	-0.14	-0.31	0.69	-0.58	0.89	-0.34	0.23
Non Current Assets Total	1.0	0.59	0.93	0.92	1.0	1.0	-0.9	0.63	0.84	0.9		-0.24	0.9	-0.45	0.05	0.01	0.99	0.99	0.93	-0.18	-0.15	0.74	-0.44	1.0	-0.29	-0.13
Non Currrent Assets Other	-0.26	0.26	-0.35	-0.38	-0.26	-0.23	0.42	-0.25	-0.52	-0.41	-0.24		-0.4	-0.32	-0.42	0.15	-0.27	-0.3	-0.42	0.52	-0.4	-0.12	-0.31	-0.26	-0.01	-0.19
Cash And Short Term Investments	0.92	0.55	0.83	0.83	0.93	0.9	-1.0	0.84	0.78	1.0	0.9	-0.4		-0.58	-0.06	-0.32	0.88	0.88	0.99	-0.14	-0.31	0.7	-0.58	0.89	-0.34	0.23
Common Stock Shares Outstanding	-0.46	-0.73	-0.33	-0.28	-0.48	-0.45	0.56	-0.67	-0.05	-0.58	-0.45	-0.32	-0.58		0.56	0.4	-0.37	-0.35	-0.51	-0.45	0.88	-0.36	0.98	-0.41	0.26	-0.33
Other Current Assets	0.05	-0.03	0.26	0.27	0.04	0.04	0.04	-0.25	0.39	-0.06	0.05	-0.42	-0.06	0.56		0.28	0.1	0.12	0.02	-0.02	0.78	-0.18	0.47	0.05	-0.34	-0.34
Other Stockholder Equity	-0.02	0.05	0.19	0.08	-0.04	0.02	0.31	-0.75	-0.12	-0.32	0.01	0.15	-0.32	0.4	0.28		0.05	0.05	-0.24	0.05	0.46	0.01	0.46	0.0	0.45	-0.96
Total Liab	0.99	0.56	0.93	0.94	0.99	0.99	-0.87	0.59	0.87	0.88	0.99	-0.27	0.88	-0.37	0.1	0.05		0.99	0.92	-0.22	-0.07	0.74	-0.37	1.0	-0.28	-0.16
Property Plant And Equipment Gross	0.99	0.55	0.94	0.94	0.98	0.99	-0.88	0.59	0.88	0.88	0.99	-0.3	0.88	-0.35	0.12	0.05	0.99		0.93	-0.23	-0.03	0.8	-0.35	0.99	-0.28	-0.16
Total Current Assets	0.95	0.55	0.88	0.87	0.95	0.93	-0.99	0.79	0.83	0.99	0.93	-0.42	0.99	-0.51	0.02	-0.24	0.92	0.93		-0.16	-0.22	0.73	-0.52	0.92	-0.34	0.15
Short Term Debt	-0.18	0.66	-0.04	-0.1	-0.17	-0.17	0.16	-0.12	-0.43	-0.14	-0.18	0.52	-0.14	-0.45	-0.02	0.05	-0.22	-0.23	-0.16		-0.29	-0.19	-0.49	-0.25	-0.22	-0.11
Current Deferred Revenue	-0.16	-0.38	0.03	0.1	-0.18	-0.15	0.3	-0.53	0.26	-0.31	-0.15	-0.4	-0.31	0.88	0.78	0.46	-0.07	-0.03	-0.22	-0.29		-0.11	0.83	-0.12	0.1	-0.45
Net Receivables	0.75	0.45	0.66	0.66	0.75	0.8	-0.69	0.49	0.63	0.69	0.74	-0.12	0.7	-0.36	-0.18	0.01	0.74	0.8	0.73	-0.19	-0.11		-0.36	0.75	-0.09	-0.05
Common Stock Total Equity	-0.46	-0.75	-0.34	-0.3	-0.48	-0.45	0.56	-0.71	-0.1	-0.58	-0.44	-0.31	-0.58	0.98	0.47	0.46	-0.37	-0.35	-0.52	-0.49	0.83	-0.36		-0.4	0.4	-0.38
Non Current Liabilities Total	0.99	0.53	0.91	0.91	0.99	0.99	-0.89	0.64	0.86	0.89	1.0	-0.26	0.89	-0.41	0.05	0.0	1.0	0.99	0.92	-0.25	-0.12	0.75	-0.4		-0.28	-0.11
Common Stock	-0.3	-0.4	-0.28	-0.35	-0.31	-0.3	0.33	-0.48	-0.4	-0.34	-0.29	-0.01	-0.34	0.26	-0.34	0.45	-0.28	-0.28	-0.34	-0.22	0.1	-0.09	0.4	-0.28		-0.3
Short Term Investments	-0.09	-0.19	-0.31	-0.2	-0.08	-0.13	-0.23	0.68	0.03	0.23	-0.13	-0.19	0.23	-0.33	-0.34	-0.96	-0.16	-0.16	0.15	-0.11	-0.45	-0.05	-0.38	-0.11	-0.3

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Golden Minerals Account Relationship Matchups

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

0.72	AG	First Majestic Silver	Pair Corr
0.8	IE	Ivanhoe Energy	Pair Corr
0.62	FDY	Faraday Copper Corp	Pair Corr

Moving against Golden Stock

0.44	TD	Toronto Dominion Bank	Pair Corr
0.39	AQN	Algonquin Power Utilities	Pair Corr

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 Correlation Correlation 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:

How To Invest In Golden

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Is Golden Stock a good investment?

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What is Golden Minerals' Net Worth?

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To learn how to invest in Golden Stock, please use our How to Invest in Golden Minerals guide.

You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Golden Historical Balance Sheet

Golden Minerals Inventory

788,500

About Golden Balance Sheet Analysis

Golden Minerals Balance Sheet Chart

Total Assets

Total Current Liabilities

Cash

Non Currrent Assets Other

Short Long Term Debt

Golden Minerals balance sheet Correlations

Golden Minerals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Golden Minerals balance sheet Accounts

Pair Trading with Golden Minerals

Moving together with Golden Stock

Moving against Golden Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 1.0	Non Current Assets Total

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Total Current Assets	- 0.99	Net Debt
Short Term Investments	- 0.96	Other Stockholder Equity
Net Debt	- 0.93	Total Stockholder Equity
Net Debt	- 0.92	Total Assets