Goodfellow Historical Balance Sheet

GDL Stock

CAD 13.99 0.09 0.65%

Trend analysis of Goodfellow balance sheet accounts such as Other Current Liabilities of 1.3 M or Total Current Liabilities of 55.7 M provides information on Goodfellow's total assets, liabilities, and equity, which is the actual value of Goodfellow to its prevalent stockholders. By breaking down trends over time using Goodfellow 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

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

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

Goodfellow Inventory

74.99 Million

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goodfellow. 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 Goodfellow Balance Sheet Analysis

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

Goodfellow Balance Sheet Chart

At this time, Goodfellow's Common Stock is very stable compared to the past year. As of the 30th of November 2024, Intangible Assets is likely to grow to about 3.1 M, while Total Assets are likely to drop about 196.8 M.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities Net Debt Capital Lease Obligations

Add Fundamental

Total Assets

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

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Capital Lease Obligations

Goodfellow capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Goodfellow asset purchases. For example, Goodfellow can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Goodfellow control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Most accounts from Goodfellow's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Goodfellow 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goodfellow. 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)
Short and Long Term Debt Total	17.5M	13.2M	11.9M	11.3M
Total Assets	246.9M	252.8M	217.7M	196.8M

Short Long Term Debt Total Total Assets

Goodfellow 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	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Cash And Short Term Investments	Short Term Investments	Current Deferred Revenue	Cash	Common Stock	Intangible Assets
Total Assets		-0.04	0.51	0.19	0.87	0.86	-0.15	0.87	0.6	0.84	0.34	0.47	0.07	0.45	0.9	0.81	0.31	0.53	0.99	-0.1	0.18	0.0	0.77	0.4	0.15	0.32
Short Long Term Debt Total	-0.04		0.12	0.77	-0.39	-0.26	0.96	-0.39	-0.17	-0.31	-0.4	0.1	-0.49	-0.59	0.12	0.06	0.67	-0.7	-0.01	0.6	-0.63	0.45	0.08	-0.32	-0.48	0.46
Other Current Liab	0.51	0.12		-0.12	0.62	0.32	0.15	0.62	0.23	0.2	-0.36	0.3	-0.62	-0.1	0.38	0.3	-0.18	-0.15	0.46	-0.48	-0.35	0.62	0.61	0.54	-0.21	-0.05
Total Current Liabilities	0.19	0.77	-0.12		-0.29	0.16	0.64	-0.29	-0.1	0.13	-0.12	0.38	0.11	-0.31	0.34	0.32	0.94	-0.3	0.28	0.82	-0.19	0.05	0.23	-0.39	-0.38	0.52
Total Stockholder Equity	0.87	-0.39	0.62	-0.29		0.75	-0.42	1.0	0.54	0.75	0.33	0.29	-0.05	0.49	0.72	0.66	-0.2	0.59	0.82	-0.53	0.2	0.09	0.67	0.6	0.2	0.02
Property Plant And Equipment Net	0.86	-0.26	0.32	0.16	0.75		-0.34	0.75	0.49	0.95	0.35	0.61	0.35	0.63	0.74	0.72	0.25	0.61	0.86	-0.16	0.31	-0.08	0.62	0.28	0.05	0.1
Net Debt	-0.15	0.96	0.15	0.64	-0.42	-0.34		-0.42	-0.24	-0.42	-0.51	0.06	-0.62	-0.64	0.04	-0.02	0.51	-0.81	-0.14	0.45	-0.81	0.57	0.06	-0.43	-0.53	0.36
Retained Earnings	0.87	-0.39	0.62	-0.29	1.0	0.75	-0.42		0.54	0.75	0.33	0.28	-0.05	0.49	0.72	0.66	-0.2	0.59	0.82	-0.53	0.2	0.09	0.66	0.6	0.2	0.02
Accounts Payable	0.6	-0.17	0.23	-0.1	0.54	0.49	-0.24	0.54		0.5	0.49	0.07	0.01	0.72	0.44	0.18	0.15	0.49	0.52	-0.26	0.25	-0.16	0.32	0.39	0.57	0.41
Non Current Assets Total	0.84	-0.31	0.2	0.13	0.75	0.95	-0.42	0.75	0.5		0.53	0.41	0.42	0.65	0.77	0.71	0.23	0.71	0.83	-0.15	0.44	-0.13	0.49	0.39	0.08	0.2
Non Currrent Assets Other	0.34	-0.4	-0.36	-0.12	0.33	0.35	-0.51	0.33	0.49	0.53		-0.31	0.46	0.61	0.39	0.21	0.05	0.67	0.31	-0.06	0.6	-0.45	-0.06	0.28	0.44	0.19
Net Receivables	0.47	0.1	0.3	0.38	0.29	0.61	0.06	0.28	0.07	0.41	-0.31		0.17	0.19	0.25	0.45	0.39	0.12	0.55	0.14	-0.02	0.03	0.48	-0.11	-0.2	-0.2
Common Stock Shares Outstanding	0.07	-0.49	-0.62	0.11	-0.05	0.35	-0.62	-0.05	0.01	0.42	0.46	0.17		0.48	0.02	0.13	0.23	0.67	0.15	0.35	0.81	-0.84	-0.12	-0.16	0.38	-0.03
Non Current Liabilities Total	0.45	-0.59	-0.1	-0.31	0.49	0.63	-0.64	0.49	0.72	0.65	0.61	0.19	0.48		0.25	0.16	-0.04	0.83	0.4	-0.33	0.59	-0.45	0.0	0.27	0.58	-0.06
Inventory	0.9	0.12	0.38	0.34	0.72	0.74	0.04	0.72	0.44	0.77	0.39	0.25	0.02	0.25		0.82	0.39	0.37	0.89	0.03	0.0	0.1	0.74	0.19	-0.01	0.49
Other Current Assets	0.81	0.06	0.3	0.32	0.66	0.72	-0.02	0.66	0.18	0.71	0.21	0.45	0.13	0.16	0.82		0.33	0.39	0.84	0.1	0.06	0.02	0.7	0.12	-0.13	0.29
Total Liab	0.31	0.67	-0.18	0.94	-0.2	0.25	0.51	-0.2	0.15	0.23	0.05	0.39	0.23	-0.04	0.39	0.33		-0.08	0.39	0.83	-0.02	-0.16	0.24	-0.36	-0.09	0.59
Property Plant And Equipment Gross	0.53	-0.7	-0.15	-0.3	0.59	0.61	-0.81	0.59	0.49	0.71	0.67	0.12	0.67	0.83	0.37	0.39	-0.08		0.52	-0.19	0.8	-0.64	0.11	0.34	0.61	-0.05
Total Current Assets	0.99	-0.01	0.46	0.28	0.82	0.86	-0.14	0.82	0.52	0.83	0.31	0.55	0.15	0.4	0.89	0.84	0.39	0.52		0.01	0.21	-0.05	0.79	0.33	0.12	0.3
Short Term Debt	-0.1	0.6	-0.48	0.82	-0.53	-0.16	0.45	-0.53	-0.26	-0.15	-0.06	0.14	0.35	-0.33	0.03	0.1	0.83	-0.19	0.01		0.08	-0.39	-0.03	-0.52	-0.04	0.43
Cash And Short Term Investments	0.18	-0.63	-0.35	-0.19	0.2	0.31	-0.81	0.2	0.25	0.44	0.6	-0.02	0.81	0.59	0.0	0.06	-0.02	0.8	0.21	0.08		-0.79	-0.15	0.39	0.56	-0.09
Short Term Investments	0.0	0.45	0.62	0.05	0.09	-0.08	0.57	0.09	-0.16	-0.13	-0.45	0.03	-0.84	-0.45	0.1	0.02	-0.16	-0.64	-0.05	-0.39	-0.79		0.14	0.16	-0.74	-0.05
Current Deferred Revenue	0.77	0.08	0.61	0.23	0.67	0.62	0.06	0.66	0.32	0.49	-0.06	0.48	-0.12	0.0	0.74	0.7	0.24	0.11	0.79	-0.03	-0.15	0.14		0.13	0.0	0.34
Cash	0.4	-0.32	0.54	-0.39	0.6	0.28	-0.43	0.6	0.39	0.39	0.28	-0.11	-0.16	0.27	0.19	0.12	-0.36	0.34	0.33	-0.52	0.39	0.16	0.13		0.09	-0.1
Common Stock	0.15	-0.48	-0.21	-0.38	0.2	0.05	-0.53	0.2	0.57	0.08	0.44	-0.2	0.38	0.58	-0.01	-0.13	-0.09	0.61	0.12	-0.04	0.56	-0.74	0.0	0.09		0.16
Intangible Assets	0.32	0.46	-0.05	0.52	0.02	0.1	0.36	0.02	0.41	0.2	0.19	-0.2	-0.03	-0.06	0.49	0.29	0.59	-0.05	0.3	0.43	-0.09	-0.05	0.34	-0.1	0.16

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Goodfellow Account Relationship Matchups

Goodfellow balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	218.3M	237.6M	246.9M	252.8M	217.7M	196.8M
Short Long Term Debt Total	46.2M	24.4M	17.5M	13.2M	11.9M	11.3M
Other Current Liab	9.6M	8.8M	8.5M	13.4M	1.4M	1.3M
Total Current Liabilities	81.0M	62.6M	43.5M	45.1M	91.8M	55.7M
Total Stockholder Equity	121.2M	160.9M	186.8M	195.0M	120.4M	113.8M
Property Plant And Equipment Net	45.5M	42.3M	47.3M	44.1M	50.7M	33.8M
Net Debt	42.8M	20.2M	14.1M	(15.2M)	(13.6M)	(13.0M)
Retained Earnings	111.8M	151.5M	177.4M	185.6M	111.2M	104.1M
Accounts Payable	31.1M	28.6M	25.2M	27.0M	19.7M	27.0M
Non Current Assets Total	51.4M	56.1M	61.8M	61.7M	71.0M	40.3M
Non Currrent Assets Other	2.7M	11.2M	12.4M	16.1M	18.5M	19.5M
Net Receivables	76.1M	63.2M	64.1M	60.0M	76.6M	55.2M
Liabilities And Stockholders Equity	218.3M	237.6M	246.9M	252.8M	290.7M	195.2M
Non Current Liabilities Total	16.1M	14.1M	16.6M	12.6M	14.5M	15.2M
Inventory	84.7M	109.8M	112.3M	98.5M	98.1M	75.0M
Other Current Assets	2.6M	4.2M	5.3M	4.2M	4.8M	3.0M
Total Liab	97.1M	76.6M	60.1M	57.8M	97.3M	83.0M
Property Plant And Equipment Gross	45.5M	110.8M	118.3M	118.4M	136.2M	143.0M
Total Current Assets	166.9M	181.5M	185.1M	191.0M	178.8M	156.4M
Short Term Debt	32.9M	13.5M	5.0M	4.7M	61.4M	64.4M
Cash And Short Term Investments	3.5M	4.3M	3.4M	28.4M	32.6M	34.3M
Cash	3.5M	4.3M	3.4M	28.4M	433K	411.4K
Intangible Assets	3.2M	2.7M	2.1M	1.5M	1.7M	3.1M
Other Liab	2.8M	3.2M	4.1M	4.7M	4.3M	3.4M
Net Tangible Assets	118.0M	158.3M	184.7M	120.4M	138.4M	137.9M
Other Assets	2.7M	11.2M	12.4M	1.5M	1.7M	1.7M
Short Long Term Debt	31.2M	28.6M	9.2M	61.4M	55.2M	28.5M
Property Plant Equipment	45.5M	42.3M	47.3M	37.3M	42.9M	42.6M
Long Term Debt Total	28K	13.3M	10.9M	12.5M	14.4M	15.1M
Capital Lease Obligations	17.7M	15.2M	17.5M	13.2M	15.2M	10.0M
Net Invested Capital	149.8M	170.2M	186.8M	195.0M	224.3M	182.9M
Net Working Capital	85.9M	118.9M	141.6M	145.9M	167.8M	112.5M

Pair Trading with Goodfellow

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

Moving against Goodfellow Stock

0.49	AMZN	Amazon CDR	Pair Corr
0.47	JPM	JPMorgan Chase	Pair Corr
0.47	BOFA	Bank of America	Pair Corr
0.46	GS	GOLDMAN SACHS CDR	Pair Corr
0.37	GOOG	Alphabet CDR	Pair Corr

The ability to find closely correlated positions to Goodfellow could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Goodfellow 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 Goodfellow - 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 Goodfellow to buy it.

The correlation of Goodfellow 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 Goodfellow moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Goodfellow 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 Goodfellow 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

Other Information on Investing in Goodfellow Stock

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Goodfellow Historical Balance Sheet

Goodfellow Inventory

74.99 Million

About Goodfellow Balance Sheet Analysis

Goodfellow Balance Sheet Chart

Total Assets

Total Current Liabilities

Net Debt

Capital Lease Obligations

Goodfellow balance sheet Correlations

Goodfellow Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Goodfellow balance sheet Accounts

Pair Trading with Goodfellow

Moving against Goodfellow Stock

Other Information on Investing in Goodfellow Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 0.99	Total Assets
Net Debt	+ 0.96	Short Long Term Debt Total
Non Current Assets Total	+ 0.95	Property Plant And Equipment Net
Total Liab	+ 0.94	Total Current Liabilities
Inventory	+ 0.9	Total Assets

Short Term Investments	- 0.84	Common Stock Shares Outstanding
Cash And Short Term Investments	- 0.81	Net Debt
Property Plant And Equipment Gross	- 0.81	Net Debt
Short Term Investments	- 0.79	Cash And Short Term Investments
Common Stock	- 0.74	Short Term Investments
Property Plant And Equipment Gross	- 0.7	Short Long Term Debt Total