Giga Historical Balance Sheet

GIGA Stock  CAD 0.11  0.02  15.38%   
Trend analysis of Giga Metals Corp balance sheet accounts such as Total Stockholder Equity of 16.5 M or Property Plant And Equipment Net of 22.1 M provides information on Giga Metals' total assets, liabilities, and equity, which is the actual value of Giga Metals Corp to its prevalent stockholders. By breaking down trends over time using Giga Metals 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.
 
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Financial Statement Analysis is much more than just reviewing and examining Giga Metals 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 Giga Metals Corp is a good buy for the upcoming year.

Giga Metals Inventory

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Giga Metals 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 nation.

About Giga Balance Sheet Analysis

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

Giga Metals Balance Sheet Chart

At this time, Giga Metals' Other Current Assets are fairly stable compared to the past year. Short and Long Term Debt Total is likely to climb to about 216.8 K in 2024, whereas Total Current Liabilities is likely to drop slightly above 285.9 K in 2024.

Total Assets

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

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.
Most accounts from Giga Metals' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Giga Metals 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Giga Metals 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 nation.
At this time, Giga Metals' Other Current Assets are fairly stable compared to the past year. Short and Long Term Debt Total is likely to climb to about 216.8 K in 2024, whereas Total Current Liabilities is likely to drop slightly above 285.9 K in 2024.
 2021 2022 2023 2024 (projected)
Total Current Liabilities442.9K705.6K395.5K285.9K
Total Assets15.0M25.2M23.3M17.4M

Giga Metals balance sheet Correlations

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0.240.150.11-0.62-0.320.920.640.110.060.670.380.740.930.70.430.84-0.170.410.8-0.02-0.160.40.680.010.52
0.990.150.74-0.010.40.00.020.990.41-0.04-0.220.030.35-0.080.250.26-0.27-0.240.38-0.3-0.44-0.120.210.710.56
0.750.110.74-0.040.15-0.080.060.75-0.270.0-0.210.250.29-0.030.320.24-0.14-0.150.32-0.25-0.170.210.360.430.55
-0.09-0.62-0.01-0.040.45-0.59-1.00.070.17-0.940.07-0.55-0.6-0.89-0.46-0.370.15-0.54-0.470.2-0.25-0.41-0.470.23-0.14
0.34-0.320.40.150.45-0.17-0.470.430.36-0.52-0.29-0.7-0.33-0.55-0.77-0.16-0.22-0.48-0.10.6-0.62-0.82-0.450.880.14
0.070.920.0-0.08-0.59-0.170.6-0.060.060.660.370.560.740.690.150.69-0.20.50.620.21-0.150.210.50.060.4
0.090.640.020.06-1.0-0.470.6-0.07-0.180.94-0.060.590.630.890.470.41-0.150.530.5-0.210.250.440.49-0.240.15
0.980.110.990.750.070.43-0.06-0.070.42-0.14-0.270.00.32-0.190.220.25-0.22-0.340.38-0.26-0.49-0.130.230.730.6
0.390.060.41-0.270.170.360.06-0.180.42-0.21-0.03-0.250.13-0.21-0.10.16-0.12-0.260.16-0.06-0.45-0.44-0.170.410.08
0.030.67-0.040.0-0.94-0.520.660.94-0.14-0.210.170.630.590.980.480.42-0.170.690.39-0.230.320.430.43-0.30.08
-0.220.38-0.22-0.210.07-0.290.37-0.06-0.27-0.030.170.240.20.330.150.29-0.110.31-0.02-0.150.290.07-0.13-0.27-0.23
0.120.740.030.25-0.55-0.70.560.590.0-0.250.630.240.780.650.720.70.040.530.64-0.310.130.840.81-0.370.4
0.440.930.350.29-0.6-0.330.740.630.320.130.590.20.780.590.590.82-0.150.230.93-0.18-0.20.510.790.080.63
-0.010.7-0.08-0.03-0.89-0.550.690.89-0.19-0.210.980.330.650.590.490.45-0.180.740.36-0.250.360.430.39-0.340.03
0.320.430.250.32-0.46-0.770.150.470.22-0.10.480.150.720.590.490.310.030.310.38-0.820.320.780.65-0.420.29
0.330.840.260.24-0.37-0.160.690.410.250.160.420.290.70.820.450.31-0.10.230.760.05-0.30.30.570.10.5
-0.26-0.17-0.27-0.140.15-0.22-0.2-0.15-0.22-0.12-0.17-0.110.04-0.15-0.180.03-0.1-0.24-0.15-0.090.180.12-0.01-0.34-0.21
-0.210.41-0.24-0.15-0.54-0.480.50.53-0.34-0.260.690.310.530.230.740.310.23-0.240.03-0.10.240.40.28-0.38-0.06
0.460.80.380.32-0.47-0.10.620.50.380.160.39-0.020.640.930.360.380.76-0.150.030.08-0.390.410.780.290.71
-0.31-0.02-0.3-0.250.20.60.21-0.21-0.26-0.06-0.23-0.15-0.31-0.18-0.25-0.820.05-0.09-0.10.08-0.47-0.43-0.140.420.1
-0.43-0.16-0.44-0.17-0.25-0.62-0.150.25-0.49-0.450.320.290.13-0.20.360.32-0.30.180.24-0.39-0.470.41-0.17-0.73-0.5
-0.050.4-0.120.21-0.41-0.820.210.44-0.13-0.440.430.070.840.510.430.780.30.120.40.41-0.430.410.77-0.550.32
0.310.680.210.36-0.47-0.450.50.490.23-0.170.43-0.130.810.790.390.650.57-0.010.280.78-0.14-0.170.77-0.060.77
0.680.010.710.430.230.880.06-0.240.730.41-0.3-0.27-0.370.08-0.34-0.420.1-0.34-0.380.290.42-0.73-0.55-0.060.49
0.620.520.560.55-0.140.140.40.150.60.080.08-0.230.40.630.030.290.5-0.21-0.060.710.1-0.50.320.770.49
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Giga Metals Account Relationship Matchups

Giga Metals balance sheet Accounts

201920202021202220232024 (projected)
Total Assets7.7M10.2M15.0M25.2M23.3M17.4M
Total Current Liabilities459.9K218.9K442.9K705.6K395.5K285.9K
Total Stockholder Equity6.9M9.6M14.1M20.5M19.0M16.5M
Property Plant And Equipment Net4.7M6.1M12.6M17.3M21.1M22.1M
Net Debt(1.3M)(3.5M)(1.3M)(7.0M)(1.4M)(1.5M)
Retained Earnings(56.0M)(58.0M)(60.8M)(59.0M)(60.9M)(57.9M)
Accounts Payable235.4K81.3K278.2K432.4K127.5K146.7K
Cash1.6M3.8M1.5M7.2M1.5M1.9M
Non Current Assets Total5.0M6.3M13.1M17.7M21.5M14.9M
Cash And Short Term Investments1.6M3.8M1.5M7.2M1.5M2.1M
Net Receivables1.1M103.7K279.5K75.1K97.3K92.4K
Common Stock Shares Outstanding51.2M60.5M80.8M96.6M97.9M102.8M
Liabilities And Stockholders Equity7.7M10.2M15.0M25.2M23.3M17.4M
Total Liab877.2K663.1K935.4K1.4M1.0M617.2K
Total Current Assets2.8M4.0M1.9M7.5M1.8M2.5M
Common Stock55.1M60.2M65.2M68.6M78.9M56.7M
Other Current Liab148.4K49.4K63.0K180.9K158.6K166.5K
Other Stockholder Equity7.8M7.4M9.6M10.8M9.7M14.5M
Accumulated Other Comprehensive Income7.8M(933.0)(3.2K)9.8K11.3M11.8M
Other Current Assets64.4K87.5K160.3K184.9K143.8K190.2K
Non Current Liabilities Total417.4K444.2K492.5K664.5K620.1K340.2K
Net Tangible Assets6.8M6.9M9.6M14.1M12.6M7.6M
Property Plant Equipment2.4M4.7M6.1M12.6M11.4M6.1M
Net Invested Capital6.9M9.6M14.1M20.5M19.0M12.8M
Net Working Capital2.3M3.7M1.5M6.8M1.4M1.3M
Capital Stock55.1M60.2M65.2M68.6M78.9M68.1M

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When running Giga Metals' price analysis, check to measure Giga Metals' 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 Giga Metals is operating at the current time. Most of Giga Metals' value examination focuses on studying past and present price action to predict the probability of Giga Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Giga Metals' price. Additionally, you may evaluate how the addition of Giga Metals to your portfolios can decrease your overall portfolio volatility.