Fidelity Historical Balance Sheet
FMN Stock | CAD 0.04 0.01 18.18% |
Trend analysis of Fidelity Minerals Corp balance sheet accounts such as Total Stockholder Equity of 3.3 M or Net Tangible Assets of 7.4 M provides information on Fidelity Minerals' total assets, liabilities, and equity, which is the actual value of Fidelity Minerals Corp to its prevalent stockholders. By breaking down trends over time using Fidelity 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 Fidelity Minerals Corp 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 Fidelity Minerals Corp is a good buy for the upcoming year.
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About Fidelity Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Fidelity Minerals Corp at a specified time, usually calculated after every quarter, six months, or one year. Fidelity Minerals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fidelity 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 Fidelity currently owns. An asset can also be divided into two categories, current and non-current.
Fidelity Minerals Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Fidelity 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 Fidelity Minerals 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.Total Current Liabilities
Total Current Liabilities is an item on Fidelity 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 Fidelity Minerals 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.Accounts Payable
An accounting item on the balance sheet that represents Fidelity Minerals 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 Fidelity Minerals 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.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 Fidelity Minerals' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Fidelity Minerals 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Minerals 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 board of governors. At this time, Fidelity Minerals' Net Tangible Assets are fairly stable compared to the past year. Accounts Payable is likely to climb to about 521.3 K in 2024, whereas Total Current Liabilities is likely to drop slightly above 840.2 K in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 345.8K | 1.2M | 1.3M | 840.2K | Total Assets | 6.4M | 6.3M | 7.3M | 4.2M |
Fidelity Minerals balance sheet Correlations
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Fidelity Minerals balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.0M | 5.5M | 6.4M | 6.3M | 7.3M | 4.2M | |
Total Current Liabilities | 829.0K | 238.8K | 345.8K | 1.2M | 1.3M | 840.2K | |
Total Stockholder Equity | 4.2M | 5.3M | 6.1M | 5.1M | 5.8M | 3.3M | |
Net Tangible Assets | 4.3M | 4.2M | 5.3M | 6.1M | 7.0M | 7.4M | |
Retained Earnings | (11.7M) | (12.5M) | (13.8M) | (15.6M) | (14.1M) | (14.8M) | |
Accounts Payable | 912.5K | 689.8K | 238.8K | 345.8K | 397.7K | 521.3K | |
Cash | 52.8K | 116.2K | 272.7K | 1.6K | 1.8K | 1.7K | |
Net Receivables | 16.0K | 1.2M | 425.6K | 12.9K | 14.9K | 14.1K | |
Other Stockholder Equity | 4.4M | 4.9M | 5.7M | 6.0M | 7.0M | 3.7M | |
Total Liab | 829.0K | 238.8K | 345.8K | 1.2M | 1.3M | 873.2K | |
Total Current Assets | 1.3M | 635.6K | 299K | 19.9K | 22.9K | 21.7K | |
Common Stock | 10.6M | 10.9M | 12.0M | 13.8M | 15.9M | 8.8M | |
Property Plant Equipment | 5.3M | 3.7M | 4.9M | 6.1M | 7.0M | 3.8M | |
Non Current Assets Total | 3.7M | 4.9M | 6.1M | 6.3M | 7.3M | 4.1M | |
Short Long Term Debt | 697.1K | 322.3K | 139.2K | 363.8K | 327.4K | 299.1K | |
Common Stock Shares Outstanding | 41.4M | 59.8M | 84.8M | 88.8M | 102.1M | 107.2M | |
Net Invested Capital | 4.3M | 5.3M | 6.1M | 5.4M | 6.2M | 4.4M | |
Net Working Capital | 472.9K | 396.8K | (46.8K) | (1.1M) | (1.3M) | (1.2M) | |
Capital Stock | 10.9M | 12.0M | 13.8M | 14.2M | 16.3M | 12.5M |
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Additional Tools for Fidelity Stock Analysis
When running Fidelity Minerals' price analysis, check to measure Fidelity Minerals' 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 Fidelity Minerals is operating at the current time. Most of Fidelity Minerals' value examination focuses on studying past and present price action to predict the probability of Fidelity Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fidelity Minerals' price. Additionally, you may evaluate how the addition of Fidelity Minerals to your portfolios can decrease your overall portfolio volatility.