Eastern Historical Balance Sheet

ELR Stock  CAD 0.18  0.01  5.88%   
Trend analysis of Eastern Platinum Limited balance sheet accounts such as Total Stockholder Equity of 83.7 M or Property Plant And Equipment Net of 95.7 M provides information on Eastern Platinum's total assets, liabilities, and equity, which is the actual value of Eastern Platinum to its prevalent stockholders. By breaking down trends over time using Eastern Platinum 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.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Eastern Platinum 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 Eastern Platinum is a good buy for the upcoming year.

Eastern Platinum Inventory

3.94 Million

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Platinum Limited. 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 Eastern Balance Sheet Analysis

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

Eastern Platinum Balance Sheet Chart

At this time, Eastern Platinum's Other Current Liabilities is very stable compared to the past year. As of the 30th of November 2024, Common Stock is likely to grow to about 1.3 B, while Total Assets are likely to drop about 152.7 M.

Total Assets

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

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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.
Most accounts from Eastern Platinum's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Eastern Platinum 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Platinum Limited. 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.
At this time, Eastern Platinum's Other Current Liabilities is very stable compared to the past year. As of the 30th of November 2024, Common Stock is likely to grow to about 1.3 B, while Total Assets are likely to drop about 152.7 M.
 2021 2022 2023 2024 (projected)
Total Current Liabilities16.4M75.9M69.0M72.5M
Total Assets162.8M155.6M160.8M152.7M

Eastern Platinum balance sheet Correlations

0.090.990.99-0.910.370.110.940.99-0.660.950.190.080.20.840.250.520.940.10.790.460.820.350.190.020.85
0.09-0.050.05-0.22-0.240.420.220.04-0.220.010.870.67-0.270.160.610.670.260.990.170.76-0.19-0.4-0.13-0.680.18
0.99-0.050.98-0.880.390.00.910.98-0.610.970.050.010.170.810.120.410.91-0.030.750.360.870.440.230.150.82
0.990.050.98-0.880.360.110.921.0-0.60.930.160.060.250.80.260.50.90.060.740.430.790.360.20.040.86
-0.91-0.22-0.88-0.88-0.46-0.14-0.96-0.870.73-0.91-0.34-0.080.03-0.87-0.17-0.5-0.95-0.22-0.82-0.47-0.74-0.21-0.070.13-0.86
0.37-0.240.390.36-0.46-0.320.440.35-0.420.44-0.21-0.71-0.190.45-0.35-0.080.37-0.210.39-0.060.470.22-0.590.20.35
0.110.420.00.11-0.14-0.320.160.1-0.33-0.070.750.320.660.220.880.510.130.290.330.25-0.31-0.670.12-0.880.26
0.940.220.910.92-0.960.440.160.91-0.780.920.330.10.070.90.260.510.960.220.850.480.720.130.08-0.10.91
0.990.040.981.0-0.870.350.10.91-0.590.920.150.060.250.780.250.50.890.050.730.420.790.370.210.050.85
-0.66-0.22-0.61-0.60.73-0.42-0.33-0.78-0.59-0.71-0.340.06-0.13-0.95-0.31-0.35-0.79-0.2-0.97-0.43-0.550.220.060.33-0.61
0.950.010.970.93-0.910.44-0.070.920.92-0.710.070.030.010.880.040.380.960.040.810.390.930.450.140.140.75
0.190.870.050.16-0.34-0.210.750.330.15-0.340.070.630.080.270.780.760.330.80.310.58-0.19-0.53-0.09-0.870.33
0.080.670.010.06-0.08-0.710.320.10.060.060.030.63-0.08-0.030.470.550.180.64-0.040.42-0.11-0.120.39-0.340.06
0.2-0.270.170.250.03-0.190.660.070.25-0.130.010.08-0.080.120.590.120.02-0.370.21-0.19-0.09-0.270.25-0.310.2
0.840.160.810.8-0.870.450.220.90.78-0.950.880.27-0.030.120.260.420.920.160.980.490.740.030.03-0.180.74
0.250.610.120.26-0.17-0.350.880.260.25-0.310.040.780.470.590.260.680.230.520.330.52-0.21-0.540.1-0.810.33
0.520.670.410.5-0.5-0.080.510.510.5-0.350.380.760.550.120.420.680.530.650.40.740.19-0.09-0.03-0.50.51
0.940.260.910.9-0.950.370.130.960.89-0.790.960.330.180.020.920.230.530.260.870.530.820.250.1-0.110.79
0.10.99-0.030.06-0.22-0.210.290.220.05-0.20.040.80.64-0.370.160.520.650.260.150.81-0.14-0.31-0.14-0.580.17
0.790.170.750.74-0.820.390.330.850.73-0.970.810.31-0.040.210.980.330.40.870.150.460.65-0.10.07-0.280.7
0.460.760.360.43-0.47-0.060.250.480.42-0.430.390.580.42-0.190.490.520.740.530.810.460.23-0.080.03-0.390.45
0.82-0.190.870.79-0.740.47-0.310.720.79-0.550.93-0.19-0.11-0.090.74-0.210.190.82-0.140.650.230.680.110.360.49
0.35-0.40.440.36-0.210.22-0.670.130.370.220.45-0.53-0.12-0.270.03-0.54-0.090.25-0.31-0.1-0.080.680.10.690.0
0.19-0.130.230.2-0.07-0.590.120.080.210.060.14-0.090.390.250.030.1-0.030.1-0.140.070.030.110.10.130.11
0.02-0.680.150.040.130.2-0.88-0.10.050.330.14-0.87-0.34-0.31-0.18-0.81-0.5-0.11-0.58-0.28-0.390.360.690.13-0.12
0.850.180.820.86-0.860.350.260.910.85-0.610.750.330.060.20.740.330.510.790.170.70.450.490.00.11-0.12
Click cells to compare fundamentals

Eastern Platinum Account Relationship Matchups

Eastern Platinum balance sheet Accounts

201920202021202220232024 (projected)
Total Assets164.8M163.0M162.8M155.6M160.8M152.7M
Total Current Liabilities11.7M11.9M16.4M75.9M69.0M72.5M
Total Stockholder Equity138.2M125.6M122.5M71.9M88.1M83.7M
Property Plant And Equipment Net135.4M136.6M124.2M112.2M100.8M95.7M
Net Debt(1.9M)2.8M1.5M2.7M(16.7M)(17.5M)
Retained Earnings(800.0M)(808.0M)(808.8M)(852.2M)(836.8M)(794.9M)
Accounts Payable9.1M7.5M10.1M5.2M5.7M5.3M
Cash2.0M1.8M2.2M2.4M18.1M19.2M
Non Current Assets Total146.0M147.0M131.8M119.2M107.2M101.9M
Non Currrent Assets Other10.6M10.4M7.5M7.0M6.5M6.8M
Cash And Short Term Investments2.0M1.8M6.1M2.4M21.3M20.3M
Net Receivables13.0M10.0M21.4M20.5M27.7M29.0M
Common Stock Shares Outstanding92.8M96.7M135.4M137.8M179.0M188.0M
Liabilities And Stockholders Equity164.8M163.0M162.8M155.6M160.8M152.7M
Non Current Liabilities Total59.7M69.8M66.0M8.2M4.1M3.9M
Other Stockholder Equity297K1.1M1.2M2.7M1.1M1.0M
Total Liab71.3M81.7M82.4M84.2M73.1M59.6M
Property Plant And Equipment Gross135.4M136.6M693.0M651.2M532.0M385.3M
Total Current Assets18.8M16.0M31.0M36.4M53.5M83.5M
Accumulated Other Comprehensive Income(292.2M)(299.3M)(310.7M)(317.8M)(322.2M)(306.1M)
Other Current Liab2.5M3.1M4.9M66.1M52.9M55.6M
Other Current Assets(492K)2.8M2.6M1.7M2.1M0.0
Inventory1.1M1.6M1.8M11.3M4.5M3.9M
Short Term Investments17.2M1.4M0.03.9M3.2M3.1M
Short Term Debt18K1.3M1.4M4.7M1.4M1.3M
Other Assets8.8M10.6M10.4M7.5M8.7M7.1M
Short Long Term Debt Total63K4.6M3.7M5.1M1.5M1.4M
Current Deferred Revenue2.5M3.1M4.4M17.3M9.0M5.4M
Other Liab17.5M17.3M15.9M13.9M12.5M12.0M
Net Tangible Assets134.3M138.2M125.6M122.5M110.2M141.6M
Property Plant Equipment133.7M135.4M136.6M124.2M111.8M103.4M
Capital Surpluse410K501K1.3M1.2M1.4M831.4K
Cash And Equivalents3.1M1.7M936K1.1M1.0M969.6K
Net Invested Capital138.2M125.6M122.5M74.8M89.0M98.8M
Net Working Capital7.2M4.1M14.6M(39.5M)(15.5M)(14.7M)

Pair Trading with Eastern Platinum

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 Eastern Platinum 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 Eastern Platinum will appreciate offsetting losses from the drop in the long position's value.

Moving together with Eastern Stock

  0.73AG First Majestic SilverPairCorr
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Moving against Eastern Stock

  0.39UNH UnitedHealth Group CDRPairCorr
The ability to find closely correlated positions to Eastern Platinum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eastern Platinum 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 Eastern Platinum - 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 Eastern Platinum Limited to buy it.
The correlation of Eastern Platinum 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 Eastern Platinum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eastern Platinum 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 Eastern Platinum 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

Other Information on Investing in Eastern Stock

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