Golden Historical Balance Sheet

GMET Stock   32.00  0.50  1.59%   
Trend analysis of Golden Metal Resources balance sheet accounts such as Total Current Liabilities of 500 K or Total Stockholder Equity of 9.1 M provides information on Golden Metal's total assets, liabilities, and equity, which is the actual value of Golden Metal Resources to its prevalent stockholders. By breaking down trends over time using Golden Metal 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.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Metal Resources. 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 Golden Balance Sheet Analysis

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

Golden Metal Balance Sheet Chart

At this time, Golden Metal's Other Current Liabilities is comparatively stable compared to the past year. Cash is likely to gain to about 3.7 M in 2025, whereas Total Current Liabilities is likely to drop slightly above 500 K in 2025.

Total Current Liabilities

Total Current Liabilities is an item on Golden Metal balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Golden Metal Resources 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.

Accounts Payable

An accounting item on the balance sheet that represents Golden Metal 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 Golden Metal Resources 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 Golden Metal's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Golden Metal Resources 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 Golden Metal Resources. 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, Golden Metal's Other Current Liabilities is comparatively stable compared to the past year. Cash is likely to gain to about 3.7 M in 2025, whereas Total Current Liabilities is likely to drop slightly above 500 K in 2025.
 2022 2023 2024 2025 (projected)
Total Stockholder Equity7.1M11.7M13.5M9.1M
Total Current Liabilities414K826K949.9K500.0K

Golden Metal balance sheet Correlations

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