Altair Historical Balance Sheet

AVX Stock

CAD 0.01 0.00 0.00%

Trend analysis of Altair Resources balance sheet accounts such as Total Current Liabilities of 2.6 M, Accounts Payable of 1.3 M or Cash of 543 provides information on Altair Resources' total assets, liabilities, and equity, which is the actual value of Altair Resources to its prevalent stockholders. By breaking down trends over time using Altair Resources 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

Covid

Financial Statement Analysis is much more than just reviewing and examining Altair Resources 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 Altair Resources is a good buy for the upcoming year.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altair Resources. 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.

About Altair Balance Sheet Analysis

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

Altair Resources Balance Sheet Chart

At this time, Altair Resources' Total Current Liabilities is fairly stable compared to the past year. Accounts Payable is likely to climb to about 1.3 M in 2024, despite the fact that Total Stockholder Equity is likely to grow to (2.3 M).

Total Assets Total Current Liabilities Accounts Payable Other Assets Non Current Assets Total Non Current Liabilities Total

Total Assets

Total assets refers to the total amount of Altair Resources 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 Altair Resources 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 Altair Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Altair Resources 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.

Accounts Payable

An accounting item on the balance sheet that represents Altair Resources 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 Altair Resources 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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Most accounts from Altair Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Altair Resources 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 Altair Resources. 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.

	2021	2022	2023	2024 (projected)
Total Current Liabilities	1.7M	2.0M	2.4M	2.6M
Total Assets	60.6K	10.0K	7.7K	7.3K

Total Current Liabilities Total Assets

Altair Resources balance sheet Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Other Current Liab	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Net Debt	Property Plant And Equipment Gross	Short Long Term Debt	Other Liab
Total Assets		-0.61	0.92	0.95	0.71	-0.63	0.81	0.72	-0.32	-0.59	-0.64	0.78	-0.59	0.82	0.61	0.72	0.72	-0.61	0.72	0.65	-0.52	-0.22	0.32	0.32	0.32	0.32
Total Current Liabilities	-0.61		-0.86	-0.79	-0.92	0.98	-0.4	-0.54	-0.32	0.79	0.99	-0.41	0.84	-0.72	-0.72	-0.86	-0.86	0.86	-0.95	-0.99	0.88	0.26	-0.69	-0.69	-0.69	-0.69
Total Stockholder Equity	0.92	-0.86		0.99	0.9	-0.86	0.7	0.72	-0.02	-0.77	-0.89	0.68	-0.8	0.88	0.75	0.89	0.89	-0.81	0.92	0.88	-0.75	-0.26	0.51	0.51	0.51	0.51
Net Tangible Assets	0.95	-0.79	0.99		0.88	-0.82	0.71	0.74	-0.06	-0.77	-0.83	0.69	-0.78	0.89	0.76	0.89	0.89	-0.77	0.89	0.82	-0.66	-0.31	0.38	0.38	0.38	0.38
Retained Earnings	0.71	-0.92	0.9	0.88		-0.92	0.41	0.74	0.26	-0.93	-0.94	0.4	-0.93	0.81	0.9	0.96	0.96	-0.83	0.93	0.89	-0.75	-0.3	0.51	0.51	0.51	0.51
Accounts Payable	-0.63	0.98	-0.86	-0.82	-0.92		-0.44	-0.51	-0.37	0.79	0.97	-0.45	0.85	-0.76	-0.76	-0.9	-0.9	0.85	-0.96	-0.98	0.83	0.32	-0.6	-0.6	-0.6	-0.6
Cash	0.81	-0.4	0.7	0.71	0.41	-0.44		0.21	-0.15	-0.23	-0.42	0.99	-0.29	0.64	0.41	0.51	0.51	-0.43	0.53	0.5	-0.39	-0.14	0.25	0.25	0.25	0.25
Other Assets	0.72	-0.54	0.72	0.74	0.74	-0.51	0.21		-0.34	-0.78	-0.56	0.16	-0.68	0.62	0.64	0.61	0.61	-0.45	0.54	0.49	-0.37	-0.16	0.22	0.22	0.22	0.22
Net Receivables	-0.32	-0.32	-0.02	-0.06	0.26	-0.37	-0.15	-0.34		-0.28	-0.33	-0.11	-0.36	0.07	0.39	0.37	0.37	-0.28	0.33	0.31	-0.22	-0.11	0.1	0.1	0.1	0.1
Other Stockholder Equity	-0.59	0.79	-0.77	-0.77	-0.93	0.79	-0.23	-0.78	-0.28		0.82	-0.2	0.97	-0.68	-0.92	-0.88	-0.88	0.74	-0.8	-0.75	0.63	0.26	-0.29	-0.29	-0.29	-0.29
Total Liab	-0.64	0.99	-0.89	-0.83	-0.94	0.97	-0.42	-0.56	-0.33	0.82		-0.42	0.86	-0.76	-0.76	-0.9	-0.9	0.87	-0.98	-0.98	0.87	0.24	-0.67	-0.67	-0.67	-0.67
Total Current Assets	0.78	-0.41	0.68	0.69	0.4	-0.45	0.99	0.16	-0.11	-0.2	-0.42		-0.28	0.66	0.4	0.51	0.51	-0.42	0.54	0.51	-0.39	-0.06	0.28	0.28	0.28	0.28
Common Stock	-0.59	0.84	-0.8	-0.78	-0.93	0.85	-0.29	-0.68	-0.36	0.97	0.86	-0.28		-0.73	-0.91	-0.91	-0.91	0.86	-0.86	-0.82	0.75	0.32	-0.31	-0.31	-0.31	-0.31
Property Plant Equipment	0.82	-0.72	0.88	0.89	0.81	-0.76	0.64	0.62	0.07	-0.68	-0.76	0.66	-0.73		0.75	0.85	0.85	-0.7	0.83	0.74	-0.6	-0.26	0.36	0.36	0.36	0.36
Other Current Liab	0.61	-0.72	0.75	0.76	0.9	-0.76	0.41	0.64	0.39	-0.92	-0.76	0.4	-0.91	0.75		0.92	0.92	-0.67	0.78	0.7	-0.53	-0.25	0.26	0.26	0.26	0.26
Non Current Assets Total	0.72	-0.86	0.89	0.89	0.96	-0.9	0.51	0.61	0.37	-0.88	-0.9	0.51	-0.91	0.85	0.92		1.0	-0.8	0.95	0.86	-0.68	-0.3	0.41	0.41	0.41	0.41
Non Currrent Assets Other	0.72	-0.86	0.89	0.89	0.96	-0.9	0.51	0.61	0.37	-0.88	-0.9	0.51	-0.91	0.85	0.92	1.0		-0.8	0.95	0.86	-0.68	-0.3	0.41	0.41	0.41	0.41
Common Stock Shares Outstanding	-0.61	0.86	-0.81	-0.77	-0.83	0.85	-0.43	-0.45	-0.28	0.74	0.87	-0.42	0.86	-0.7	-0.67	-0.8	-0.8		-0.89	-0.88	0.93	0.42	-0.41	-0.41	-0.41	-0.41
Net Invested Capital	0.72	-0.95	0.92	0.89	0.93	-0.96	0.53	0.54	0.33	-0.8	-0.98	0.54	-0.86	0.83	0.78	0.95	0.95	-0.89		0.96	-0.83	-0.28	0.57	0.57	0.57	0.57
Net Working Capital	0.65	-0.99	0.88	0.82	0.89	-0.98	0.5	0.49	0.31	-0.75	-0.98	0.51	-0.82	0.74	0.7	0.86	0.86	-0.88	0.96		-0.9	-0.26	0.66	0.66	0.66	0.66
Capital Stock	-0.52	0.88	-0.75	-0.66	-0.75	0.83	-0.39	-0.37	-0.22	0.63	0.87	-0.39	0.75	-0.6	-0.53	-0.68	-0.68	0.93	-0.83	-0.9		0.27	-0.65	-0.65	-0.65	-0.65
Property Plant And Equipment Net	-0.22	0.26	-0.26	-0.31	-0.3	0.32	-0.14	-0.16	-0.11	0.26	0.24	-0.06	0.32	-0.26	-0.25	-0.3	-0.3	0.42	-0.28	-0.26	0.27		0.1	0.1	0.1	0.1
Net Debt	0.32	-0.69	0.51	0.38	0.51	-0.6	0.25	0.22	0.1	-0.29	-0.67	0.28	-0.31	0.36	0.26	0.41	0.41	-0.41	0.57	0.66	-0.65	0.1		1.0	1.0	1.0
Property Plant And Equipment Gross	0.32	-0.69	0.51	0.38	0.51	-0.6	0.25	0.22	0.1	-0.29	-0.67	0.28	-0.31	0.36	0.26	0.41	0.41	-0.41	0.57	0.66	-0.65	0.1	1.0		1.0	1.0
Short Long Term Debt	0.32	-0.69	0.51	0.38	0.51	-0.6	0.25	0.22	0.1	-0.29	-0.67	0.28	-0.31	0.36	0.26	0.41	0.41	-0.41	0.57	0.66	-0.65	0.1	1.0	1.0		1.0
Other Liab	0.32	-0.69	0.51	0.38	0.51	-0.6	0.25	0.22	0.1	-0.29	-0.67	0.28	-0.31	0.36	0.26	0.41	0.41	-0.41	0.57	0.66	-0.65	0.1	1.0	1.0	1.0

Click cells to compare fundamentals

Altair Resources Account Relationship Matchups

Altair Resources balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.3K	40.7K	60.6K	10.0K	7.7K	7.3K
Total Current Liabilities	1.2M	730.8K	1.7M	2.0M	2.4M	2.6M
Total Stockholder Equity	(1.2M)	(1.2M)	(1.7M)	(2.0M)	(2.4M)	(2.3M)
Net Tangible Assets	(642.3K)	(1.2M)	(1.2M)	(1.7M)	(1.5M)	(1.4M)
Retained Earnings	(20.4M)	(20.7M)	(23.8M)	(24.4M)	(24.8M)	(26.0M)
Accounts Payable	736.3K	1.0M	456.8K	1.1M	1.3M	1.3M
Cash	906.0	21.8K	14.4K	5.0K	572.0	543.4
Net Receivables	2.7K	9.4K	8.1K	7.0K	6.3K	10.3K
Other Stockholder Equity	3.9M	3.6M	3.6M	3.9M	4.5M	3.3M
Total Liab	1.2M	1.3M	1.7M	2.0M	2.4M	2.6M
Total Current Assets	10.3K	40.7K	55.6K	10.0K	7.7K	7.3K
Common Stock	15.2M	15.5M	15.8M	18.2M	20.9M	14.5M
Property Plant Equipment	582.2K	1.0	2.0	5.0K	4.5K	4.3K
Common Stock Shares Outstanding	19.7M	30.3M	54.2M	57.3M	65.9M	34.7M
Net Invested Capital	(1.2M)	(1.2M)	(1.7M)	(2.0M)	(2.4M)	(2.3M)
Net Working Capital	(1.2M)	(690.1K)	(1.7M)	(2.0M)	(2.4M)	(2.3M)
Capital Stock	15.5M	15.8M	18.2M	18.5M	21.3M	18.7M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Altair Stock Analysis

When running Altair Resources' price analysis, check to measure Altair Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altair Resources is operating at the current time. Most of Altair Resources' value examination focuses on studying past and present price action to predict the probability of Altair Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altair Resources' price. Additionally, you may evaluate how the addition of Altair Resources to your portfolios can decrease your overall portfolio volatility.

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

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC