Cerrado Historical Balance Sheet

CERT Stock

CAD 0.36 0.01 2.70%

Trend analysis of Cerrado Gold Corp balance sheet accounts such as Net Tangible Assets of 9.8 M, Accounts Payable of 15.5 M or Other Assets of 14.8 M provides information on Cerrado Gold's total assets, liabilities, and equity, which is the actual value of Cerrado Gold Corp to its prevalent stockholders. By breaking down trends over time using Cerrado 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.

Cash Flow Balance Sheet Income Statement

Cerrado Gold Inventory

8.99 Million

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cerrado Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About Cerrado Balance Sheet Analysis

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

Cerrado Gold Balance Sheet Chart

At this time, Cerrado Gold's Total Current Liabilities is fairly stable compared to the past year. Accounts Payable is likely to climb to about 15.5 M in 2024, despite the fact that Retained Earnings are likely to grow to (34 M).

Total Current Liabilities Net Tangible Assets Retained Earnings Accounts Payable Other Assets Total Assets

Total Current Liabilities

Total Current Liabilities is an item on Cerrado 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 Cerrado Gold Corp 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.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

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 Cerrado 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 Cerrado Gold Corp 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.

Total Assets

Total assets refers to the total amount of Cerrado 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 Cerrado Gold Corp 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.

Most accounts from Cerrado Gold's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Cerrado Gold Corp 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 Cerrado Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

	2021	2022	2023	2024 (projected)
Net Tangible Assets	15.1M	13.4M	15.4M	9.8M
Total Current Liabilities	59.6M	78.3M	146.8M	154.1M

Net Tangible Assets Total Current Liabilities

Cerrado Gold balance sheet Correlations

	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Other Current Assets	Other Stockholder Equity	Total Current Assets	Common Stock	Other Current Liab	Other Liab	Net Receivables	Property Plant Equipment	Inventory	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Total Liab
Total Current Liabilities		0.74	-0.95	0.63	0.94	0.58	0.29	0.98	0.94	0.04	0.79	0.16	0.97	0.91	0.92	0.76	0.89	0.91	-0.13	0.9	-0.08	0.91	0.23	0.91	-0.94	0.92
Net Tangible Assets	0.74		-0.82	0.75	0.82	0.78	-0.04	0.78	0.9	0.44	0.75	0.09	0.78	0.84	0.64	0.45	0.61	0.65	0.15	0.62	0.14	0.55	0.37	0.67	-0.61	0.65
Retained Earnings	-0.95	-0.82		-0.78	-0.94	-0.69	-0.39	-0.98	-0.98	-0.23	-0.93	-0.36	-0.99	-0.94	-0.82	-0.6	-0.78	-0.83	-0.06	-0.8	-0.1	-0.76	-0.37	-0.86	0.82	-0.83
Accounts Payable	0.63	0.75	-0.78		0.71	0.71	0.14	0.77	0.79	0.51	0.79	0.2	0.77	0.86	0.48	0.07	0.38	0.53	0.63	0.43	0.65	0.29	0.81	0.67	-0.44	0.5
Other Assets	0.94	0.82	-0.94	0.71		0.49	0.35	0.94	0.94	-0.01	0.81	0.22	0.95	0.87	0.87	0.63	0.82	0.88	0.07	0.84	0.12	0.81	0.41	0.92	-0.87	0.88
Other Current Assets	0.58	0.78	-0.69	0.71	0.49		-0.2	0.66	0.75	0.82	0.67	0.08	0.64	0.8	0.36	0.26	0.35	0.37	0.08	0.35	0.08	0.31	0.21	0.38	-0.35	0.37
Other Stockholder Equity	0.29	-0.04	-0.39	0.14	0.35	-0.2		0.31	0.22	-0.36	0.52	0.84	0.36	0.09	0.3	0.22	0.29	0.31	0.03	0.29	0.04	0.28	0.14	0.32	-0.31	0.31
Total Current Assets	0.98	0.78	-0.98	0.77	0.94	0.66	0.31		0.97	0.17	0.87	0.22	1.0	0.96	0.86	0.63	0.82	0.87	0.06	0.84	0.11	0.81	0.39	0.91	-0.87	0.87
Common Stock	0.94	0.9	-0.98	0.79	0.94	0.75	0.22	0.97		0.31	0.87	0.23	0.97	0.96	0.79	0.57	0.74	0.79	0.06	0.76	0.1	0.73	0.36	0.83	-0.79	0.79
Other Current Liab	0.04	0.44	-0.23	0.51	-0.01	0.82	-0.36	0.17	0.31		0.31	0.1	0.16	0.37	-0.22	-0.29	-0.24	-0.2	0.26	-0.23	0.25	-0.28	0.17	-0.15	0.24	-0.22
Other Liab	0.79	0.75	-0.93	0.79	0.81	0.67	0.52	0.87	0.87	0.31		0.57	0.89	0.82	0.71	0.49	0.67	0.73	0.19	0.69	0.18	0.6	0.44	0.75	-0.67	0.72
Net Receivables	0.16	0.09	-0.36	0.2	0.22	0.08	0.84	0.22	0.23	0.1	0.57		0.27	0.07	0.04	0.01	0.03	0.04	0.04	0.04	0.04	0.02	0.06	0.05	-0.03	0.04
Property Plant Equipment	0.97	0.78	-0.99	0.77	0.95	0.64	0.36	1.0	0.97	0.16	0.89	0.27		0.95	0.86	0.62	0.81	0.86	0.06	0.83	0.11	0.8	0.4	0.91	-0.86	0.87
Inventory	0.91	0.84	-0.94	0.86	0.87	0.8	0.09	0.96	0.96	0.37	0.82	0.07	0.95		0.77	0.5	0.71	0.78	0.17	0.74	0.21	0.69	0.47	0.84	-0.76	0.78
Total Assets	0.92	0.64	-0.82	0.48	0.87	0.36	0.3	0.86	0.79	-0.22	0.71	0.04	0.86	0.77		0.88	0.99	1.0	-0.14	1.0	-0.14	0.96	0.22	0.95	-0.99	1.0
Total Stockholder Equity	0.76	0.45	-0.6	0.07	0.63	0.26	0.22	0.63	0.57	-0.29	0.49	0.01	0.62	0.5	0.88		0.93	0.84	-0.58	0.9	-0.6	0.94	-0.27	0.69	-0.89	0.86
Property Plant And Equipment Net	0.89	0.61	-0.78	0.38	0.82	0.35	0.29	0.82	0.74	-0.24	0.67	0.03	0.81	0.71	0.99	0.93		0.98	-0.25	1.0	-0.26	0.97	0.1	0.9	-0.98	0.99
Net Debt	0.91	0.65	-0.83	0.53	0.88	0.37	0.31	0.87	0.79	-0.2	0.73	0.04	0.86	0.78	1.0	0.84	0.98		-0.07	0.99	-0.07	0.94	0.29	0.97	-0.98	1.0
Cash	-0.13	0.15	-0.06	0.63	0.07	0.08	0.03	0.06	0.06	0.26	0.19	0.04	0.06	0.17	-0.14	-0.58	-0.25	-0.07		-0.2	0.99	-0.39	0.93	0.14	0.22	-0.11
Non Current Assets Total	0.9	0.62	-0.8	0.43	0.84	0.35	0.29	0.84	0.76	-0.23	0.69	0.04	0.83	0.74	1.0	0.9	1.0	0.99	-0.2		-0.2	0.97	0.16	0.93	-0.99	0.99
Non Currrent Assets Other	-0.08	0.14	-0.1	0.65	0.12	0.08	0.04	0.11	0.1	0.25	0.18	0.04	0.11	0.21	-0.14	-0.6	-0.26	-0.07	0.99	-0.2		-0.37	0.93	0.16	0.2	-0.11
Common Stock Shares Outstanding	0.91	0.55	-0.76	0.29	0.81	0.31	0.28	0.81	0.73	-0.28	0.6	0.02	0.8	0.69	0.96	0.94	0.97	0.94	-0.39	0.97	-0.37		-0.04	0.86	-0.98	0.95
Short Term Investments	0.23	0.37	-0.37	0.81	0.41	0.21	0.14	0.39	0.36	0.17	0.44	0.06	0.4	0.47	0.22	-0.27	0.1	0.29	0.93	0.16	0.93	-0.04		0.49	-0.15	0.25
Non Current Liabilities Total	0.91	0.67	-0.86	0.67	0.92	0.38	0.32	0.91	0.83	-0.15	0.75	0.05	0.91	0.84	0.95	0.69	0.9	0.97	0.14	0.93	0.16	0.86	0.49		-0.94	0.96
Capital Lease Obligations	-0.94	-0.61	0.82	-0.44	-0.87	-0.35	-0.31	-0.87	-0.79	0.24	-0.67	-0.03	-0.86	-0.76	-0.99	-0.89	-0.98	-0.98	0.22	-0.99	0.2	-0.98	-0.15	-0.94		-0.99
Total Liab	0.92	0.65	-0.83	0.5	0.88	0.37	0.31	0.87	0.79	-0.22	0.72	0.04	0.87	0.78	1.0	0.86	0.99	1.0	-0.11	0.99	-0.11	0.95	0.25	0.96	-0.99

Click cells to compare fundamentals

Cerrado Gold Account Relationship Matchups

Cerrado Gold balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Current Liabilities	4.5M	23.4M	59.6M	78.3M	146.8M	154.1M
Net Tangible Assets	9.1M	4.2M	15.1M	13.4M	15.4M	9.8M
Retained Earnings	(4.8M)	(17.4M)	(23.7M)	(29.3M)	(35.8M)	(34.0M)
Accounts Payable	1.4M	7.0M	26.4M	47.6M	15.2M	15.5M
Other Stockholder Equity	(28.6K)	4.2M	(1.6M)	1.0M	1.2M	1.2M
Total Current Assets	89.6K	21.4M	46.0M	66.7M	79.4M	83.3M
Common Stock	13.9M	17.3M	40.4M	41.6M	47.9M	50.3M
Other Current Liab	1.5M	2.1M	12.8M	4.1M	50K	47.5K
Other Liab	160.0K	39.8M	33.8M	44.9M	51.7M	26.2M
Net Receivables	41.9K	8.6M	1.2M	1.4M	1.0M	988K
Property Plant Equipment	13.7M	41.1M	58.4M	83.0M	95.5M	100.2M

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