Grid Historical Balance Sheet
GRDM Stock | CAD 0.04 0.01 12.50% |
Trend analysis of Grid Metals Corp balance sheet accounts such as Total Stockholder Equity of 5.8 M or Property Plant And Equipment Net of 3.9 M provides information on Grid Metals' total assets, liabilities, and equity, which is the actual value of Grid Metals Corp to its prevalent stockholders. By breaking down trends over time using Grid 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.
Financial Statement Analysis is much more than just reviewing and examining Grid 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 Grid Metals Corp is a good buy for the upcoming year.
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About Grid Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Grid Metals Corp at a specified time, usually calculated after every quarter, six months, or one year. Grid Metals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Grid 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 Grid currently owns. An asset can also be divided into two categories, current and non-current.
Grid Metals Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on Grid 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 Grid 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.Accounts Payable
An accounting item on the balance sheet that represents Grid Metals 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 Grid Metals 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 Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.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 Grid Metals' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Grid 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 Grid 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 population. At this time, Grid Metals' Total Current Assets are fairly stable compared to the past year. Short Term Investments is likely to climb to about 793.1 K in 2024, whereas Property Plant And Equipment Net is likely to drop slightly above 3.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 438.4K | 1.3M | 4.2M | 4.5M | Total Assets | 3.0M | 12.9M | 12.8M | 22.7M |
Grid Metals balance sheet Correlations
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Grid Metals balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 28.9M | 32.7M | 3.0M | 12.9M | 12.8M | 22.7M | |
Total Current Liabilities | 186.7K | 611.3K | 438.4K | 1.3M | 4.2M | 4.5M | |
Total Stockholder Equity | 28.7M | 31.1M | 2.5M | 11.5M | 6.1M | 5.8M | |
Property Plant And Equipment Net | 27.7M | 29.5M | 30.4K | 83.0K | 4.1M | 3.9M | |
Net Debt | (1.1M) | (3.0M) | (2.8M) | (9.3M) | (8.4M) | (8.0M) | |
Retained Earnings | (28.4M) | (29.5M) | (61.9M) | (60.0M) | (69.3M) | (65.8M) | |
Accounts Payable | 234.9K | 103.0K | 49.1K | 235.2K | 270.5K | 312.3K | |
Cash | 1.1M | 3.0M | 2.9M | 9.4M | 2.7M | 2.8M | |
Non Current Assets Total | 27.7M | 29.5M | 30.4K | 83.0K | 4.1M | 3.9M | |
Cash And Short Term Investments | 1.1M | 3.1M | 2.9M | 12.3M | 14.1M | 14.9M | |
Net Receivables | 11.2K | 71.5K | 47.2K | 186.4K | 5.1M | 5.3M | |
Common Stock Shares Outstanding | 42.7M | 59.4M | 87.6M | 124.9M | 203.9M | 214.1M | |
Liabilities And Stockholders Equity | 28.9M | 32.7M | 3.0M | 12.9M | 14.8M | 23.1M | |
Other Stockholder Equity | 7.3M | 8.0M | 9.1M | 8.9M | 10.2M | 9.7M | |
Total Liab | 190.6K | 1.6M | 516.4K | 1.4M | 6.7M | 7.0M | |
Total Current Assets | 1.2M | 3.2M | 3.0M | 12.8M | 8.7M | 9.1M | |
Short Term Investments | 49.7K | 52.8K | 12.1K | 2.9M | 755.4K | 793.1K | |
Non Current Liabilities Total | 3.9K | 1.0M | 78.0K | 64.6K | 2.5M | 2.6M | |
Net Tangible Assets | 28.9M | 28.7M | 2.5M | 2.5M | 2.2M | 2.1M | |
Common Stock | 49.7M | 52.6M | 55.2M | 62.6M | 72.0M | 57.5M | |
Property Plant Equipment | 27.5M | 27.7M | 3.7K | 30.4K | 27.3K | 26.0K | |
Net Invested Capital | 28.7M | 31.1M | 2.5M | 11.6M | 6.2M | 5.9M | |
Net Working Capital | 971.2K | 2.6M | 2.5M | 11.5M | 4.4M | 4.2M | |
Capital Stock | 49.7M | 52.6M | 55.2M | 62.6M | 66.9M | 61.7M |
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When running Grid Metals' price analysis, check to measure Grid 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 Grid Metals is operating at the current time. Most of Grid Metals' value examination focuses on studying past and present price action to predict the probability of Grid Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grid Metals' price. Additionally, you may evaluate how the addition of Grid Metals to your portfolios can decrease your overall portfolio volatility.