Goliath Historical Balance Sheet

GOT Stock

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Trend analysis of Goliath Resources balance sheet accounts such as Total Stockholder Equity of 2.3 M or Accounts Payable of 332.6 K provides information on Goliath Resources' total assets, liabilities, and equity, which is the actual value of Goliath Resources to its prevalent stockholders. By breaking down trends over time using Goliath Resources 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

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

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

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

Goliath Resources Balance Sheet Chart

At this time, Goliath Resources' Net Invested Capital is fairly stable compared to the past year. Net Working Capital is likely to climb to about 5.1 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 2.3 M in 2024.

Total Current Liabilities Accounts Payable Cash And Short Term Investments

Total Current Liabilities

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

Accounts Payable

An accounting item on the balance sheet that represents Goliath Resources 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 Goliath 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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Goliath Resources balance sheet. This account contains Goliath Resources investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Goliath Resources fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most accounts from Goliath Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Goliath 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 Goliath 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.

	2021	2022	2023	2024 (projected)
Total Current Liabilities	642.6K	3.9M	1.2M	1.3M
Total Assets	14.9M	10.0M	4.7M	2.7M

Total Current Liabilities Total Assets

Goliath Resources balance sheet Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Other Current Assets	Common Stock	Short Long Term Debt Total	Net Tangible Assets	Short Long Term Debt	Short Term Debt	Short Term Investments	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant Equipment
Total Assets		0.59	0.98	-0.92	-0.53	0.82	1.0	0.39	0.84	0.82	0.55	0.68	0.59	1.0	0.48	0.76	0.63	-0.04	0.95	-0.04	-0.04	-0.63	0.94	0.93	0.49	-0.04
Total Current Liabilities	0.59		0.42	-0.64	-0.72	0.92	0.58	0.91	0.63	0.34	0.65	0.73	1.0	0.58	0.96	0.47	0.75	-0.27	0.45	-0.27	-0.27	-0.59	0.38	0.37	0.66	-0.27
Total Stockholder Equity	0.98	0.42		-0.9	-0.44	0.69	0.98	0.22	0.81	0.85	0.49	0.61	0.42	0.98	0.29	0.74	0.55	-0.02	0.96	-0.02	-0.02	-0.59	0.97	0.97	0.42	-0.02
Net Debt	-0.92	-0.64	-0.9		0.78	-0.82	-0.91	-0.57	-0.98	-0.83	-0.81	-0.89	-0.64	-0.92	-0.46	-0.75	-0.86	0.41	-0.96	0.41	0.41	0.77	-0.9	-0.89	-0.77	0.41
Retained Earnings	-0.53	-0.72	-0.44	0.78		-0.71	-0.49	-0.83	-0.87	-0.53	-0.99	-0.98	-0.72	-0.52	-0.54	-0.57	-0.99	0.77	-0.62	0.77	0.77	0.81	-0.45	-0.44	-0.99	0.77
Accounts Payable	0.82	0.92	0.69	-0.82	-0.71		0.8	0.76	0.78	0.62	0.67	0.78	0.92	0.81	0.84	0.59	0.77	-0.17	0.71	-0.17	-0.17	-0.69	0.65	0.64	0.66	-0.17
Cash	1.0	0.58	0.98	-0.91	-0.49	0.8		0.37	0.82	0.81	0.51	0.65	0.58	1.0	0.47	0.72	0.6	-0.01	0.93	-0.01	-0.01	-0.59	0.95	0.94	0.45	-0.01
Non Current Assets Total	0.39	0.91	0.22	-0.57	-0.83	0.76	0.37		0.62	0.23	0.77	0.78	0.91	0.38	0.82	0.3	0.81	-0.53	0.34	-0.53	-0.53	-0.57	0.23	0.22	0.8	-0.53
Cash And Short Term Investments	0.84	0.63	0.81	-0.98	-0.87	0.78	0.82	0.62		0.79	0.9	0.95	0.63	0.84	0.43	0.71	0.92	-0.56	0.91	-0.56	-0.56	-0.81	0.83	0.82	0.87	-0.56
Net Receivables	0.82	0.34	0.85	-0.83	-0.53	0.62	0.81	0.23	0.79		0.57	0.66	0.34	0.82	0.16	0.61	0.62	-0.24	0.87	-0.24	-0.24	-0.76	0.84	0.84	0.52	-0.24
Common Stock Shares Outstanding	0.55	0.65	0.49	-0.81	-0.99	0.67	0.51	0.77	0.9	0.57		0.98	0.65	0.54	0.45	0.56	0.99	-0.81	0.66	-0.81	-0.81	-0.82	0.52	0.51	0.99	-0.81
Other Stockholder Equity	0.68	0.73	0.61	-0.89	-0.98	0.78	0.65	0.78	0.95	0.66	0.98		0.73	0.68	0.54	0.67	0.99	-0.7	0.75	-0.7	-0.7	-0.83	0.62	0.61	0.96	-0.7
Total Liab	0.59	1.0	0.42	-0.64	-0.72	0.92	0.58	0.91	0.63	0.34	0.65	0.73		0.58	0.96	0.47	0.75	-0.27	0.45	-0.27	-0.27	-0.59	0.38	0.37	0.66	-0.27
Total Current Assets	1.0	0.58	0.98	-0.92	-0.52	0.81	1.0	0.38	0.84	0.82	0.54	0.68	0.58		0.47	0.76	0.63	-0.03	0.95	-0.03	-0.03	-0.63	0.94	0.93	0.49	-0.03
Other Current Liab	0.48	0.96	0.29	-0.46	-0.54	0.84	0.47	0.82	0.43	0.16	0.45	0.54	0.96	0.47		0.41	0.56	-0.05	0.28	-0.05	-0.05	-0.44	0.22	0.2	0.45	-0.05
Other Current Assets	0.76	0.47	0.74	-0.75	-0.57	0.59	0.72	0.3	0.71	0.61	0.56	0.67	0.47	0.76	0.41		0.62	-0.16	0.74	-0.16	-0.16	-0.63	0.61	0.61	0.48	-0.16
Common Stock	0.63	0.75	0.55	-0.86	-0.99	0.77	0.6	0.81	0.92	0.62	0.99	0.99	0.75	0.63	0.56	0.62		-0.73	0.7	-0.73	-0.73	-0.84	0.56	0.55	0.98	-0.73
Short Long Term Debt Total	-0.04	-0.27	-0.02	0.41	0.77	-0.17	-0.01	-0.53	-0.56	-0.24	-0.81	-0.7	-0.27	-0.03	-0.05	-0.16	-0.73		-0.23	1.0	1.0	0.53	-0.13	-0.13	-0.83	1.0
Net Tangible Assets	0.95	0.45	0.96	-0.96	-0.62	0.71	0.93	0.34	0.91	0.87	0.66	0.75	0.45	0.95	0.28	0.74	0.7	-0.23		-0.23	-0.23	-0.67	0.96	0.95	0.61	-0.23
Short Long Term Debt	-0.04	-0.27	-0.02	0.41	0.77	-0.17	-0.01	-0.53	-0.56	-0.24	-0.81	-0.7	-0.27	-0.03	-0.05	-0.16	-0.73	1.0	-0.23		1.0	0.53	-0.13	-0.13	-0.83	1.0
Short Term Debt	-0.04	-0.27	-0.02	0.41	0.77	-0.17	-0.01	-0.53	-0.56	-0.24	-0.81	-0.7	-0.27	-0.03	-0.05	-0.16	-0.73	1.0	-0.23	1.0		0.53	-0.13	-0.13	-0.83	1.0
Short Term Investments	-0.63	-0.59	-0.59	0.77	0.81	-0.69	-0.59	-0.57	-0.81	-0.76	-0.82	-0.83	-0.59	-0.63	-0.44	-0.63	-0.84	0.53	-0.67	0.53	0.53		-0.55	-0.54	-0.78	0.53
Net Invested Capital	0.94	0.38	0.97	-0.9	-0.45	0.65	0.95	0.23	0.83	0.84	0.52	0.62	0.38	0.94	0.22	0.61	0.56	-0.13	0.96	-0.13	-0.13	-0.55		1.0	0.46	-0.13
Net Working Capital	0.93	0.37	0.97	-0.89	-0.44	0.64	0.94	0.22	0.82	0.84	0.51	0.61	0.37	0.93	0.2	0.61	0.55	-0.13	0.95	-0.13	-0.13	-0.54	1.0		0.45	-0.13
Capital Stock	0.49	0.66	0.42	-0.77	-0.99	0.66	0.45	0.8	0.87	0.52	0.99	0.96	0.66	0.49	0.45	0.48	0.98	-0.83	0.61	-0.83	-0.83	-0.78	0.46	0.45		-0.83
Property Plant Equipment	-0.04	-0.27	-0.02	0.41	0.77	-0.17	-0.01	-0.53	-0.56	-0.24	-0.81	-0.7	-0.27	-0.03	-0.05	-0.16	-0.73	1.0	-0.23	1.0	1.0	0.53	-0.13	-0.13	-0.83

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Goliath Resources Account Relationship Matchups

Goliath Resources balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	612.0K	5.9M	14.9M	10.0M	4.7M	2.7M
Total Current Liabilities	300.9K	459.8K	642.6K	3.9M	1.2M	1.3M
Total Stockholder Equity	311.1K	5.5M	14.2M	6.1M	3.4M	2.3M
Net Debt	(26.1K)	(5.0M)	(13.4M)	(8.9M)	(8.0M)	(7.6M)
Retained Earnings	(9.5M)	(14.7M)	(27.6M)	(48.5M)	(66.8M)	(63.4M)
Accounts Payable	218.8K	270.6K	604.8K	1.0M	498.2K	332.6K
Cash	26.1K	5.0M	13.4M	8.9M	3.1M	2.3M
Cash And Short Term Investments	109.9K	5.2M	13.5M	9.1M	10.5M	11.0M
Net Receivables	250.5K	71.6K	605.2K	179.3K	206.2K	216.5K
Common Stock Shares Outstanding	9.4M	35.5M	59.5M	74.2M	118.0M	123.9M
Liabilities And Stockholders Equity	612.0K	5.9M	14.9M	10.0M	11.5M	12.0M
Other Stockholder Equity	2.9M	6.8M	14.9M	17.3M	19.9M	20.9M
Total Liab	300.9K	459.8K	642.6K	3.9M	1.2M	1.3M
Total Current Assets	612.0K	5.9M	14.9M	9.8M	4.5M	2.7M
Other Current Liab	300.9K	459.8K	37.8K	2.8M	680.7K	360.0K
Other Current Assets	251.6K	618.8K	711.5K	505.1K	580.9K	292.5K
Common Stock	6.9M	13.4M	26.9M	37.3M	42.9M	45.1M
Net Tangible Assets	311.1K	5.5M	14.2M	6.1M	7.0M	4.8M
Short Term Investments	83.8K	211.3K	121.8K	151.5K	75.6K	71.8K
Net Invested Capital	311.1K	5.5M	14.2M	6.1M	3.4M	5.1M
Net Working Capital	311.1K	5.5M	14.2M	5.9M	3.3M	5.1M
Capital Stock	6.9M	13.4M	26.9M	37.3M	55.7M	58.5M

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Goliath Historical Balance Sheet

About Goliath Balance Sheet Analysis

Goliath Resources Balance Sheet Chart

Total Current Liabilities

Accounts Payable

Cash And Short Term Investments

Goliath Resources balance sheet Correlations

Goliath Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Goliath Resources balance sheet Accounts

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COMMON DESTINATIONS

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Cash	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Cash
Short Long Term Debt	+ 1.0	Short Long Term Debt Total
Short Term Debt	+ 1.0	Short Long Term Debt Total

Capital Stock	- 0.99	Retained Earnings
Common Stock	- 0.99	Retained Earnings
Common Stock Shares Outstanding	- 0.99	Retained Earnings
Other Stockholder Equity	- 0.98	Retained Earnings
Cash And Short Term Investments	- 0.98	Net Debt
Net Tangible Assets	- 0.96	Net Debt