Gossan Historical Balance Sheet
GSS Stock | CAD 0.01 0.01 25.00% |
Trend analysis of Gossan Resources balance sheet accounts such as Total Stockholder Equity of 711 K or Property Plant And Equipment Net of 820 provides information on Gossan Resources' total assets, liabilities, and equity, which is the actual value of Gossan Resources to its prevalent stockholders. By breaking down trends over time using Gossan 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.
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About Gossan Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Gossan Resources at a specified time, usually calculated after every quarter, six months, or one year. Gossan Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gossan 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 Gossan currently owns. An asset can also be divided into two categories, current and non-current.
Gossan Resources Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Gossan Resources 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 Gossan Resources 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 Gossan 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 Gossan 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.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.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Accounts Payable
An accounting item on the balance sheet that represents Gossan 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 Gossan 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.Short Term Investments
Short Term Investments is an item under the current assets section of Gossan Resources balance sheet. It contains any investments Gossan Resources undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Gossan Resources can easily liquidate in the marketplace.Most accounts from Gossan Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Gossan 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 Gossan 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, Gossan Resources' Net Invested Capital is fairly stable compared to the past year. Net Working Capital is likely to climb to about 785.8 K in 2024, whereas Total Stockholder Equity is likely to drop slightly above 711 K in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 394.9K | 244.3K | 195.5K | 194.6K | Total Assets | 744.5K | 324.2K | 944.0K | 1.7M |
Gossan Resources balance sheet Correlations
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Gossan Resources Account Relationship Matchups
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Gossan Resources balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 86.8K | 467.7K | 744.5K | 324.2K | 944.0K | 1.7M | |
Total Current Liabilities | 254.2K | 274.4K | 394.9K | 244.3K | 195.5K | 194.6K | |
Total Stockholder Equity | (167.3K) | 193.4K | 349.6K | 79.9K | 748.4K | 711.0K | |
Net Debt | (27.2K) | (331.5K) | (491.9K) | (131.2K) | (87.1K) | (91.4K) | |
Retained Earnings | (13.7M) | (14.2M) | (16.4M) | (17.6M) | (17.0M) | (16.1M) | |
Accounts Payable | 34.4K | 108.1K | 291.9K | 140.9K | 83.6K | 87.2K | |
Cash | 27.2K | 331.5K | 491.9K | 131.2K | 87.1K | 82.7K | |
Cash And Short Term Investments | 27.2K | 331.5K | 491.9K | 131.2K | 192.1K | 182.5K | |
Net Receivables | 56.6K | 134.7K | 251.8K | 157.0K | 750.7K | 788.2K | |
Common Stock Shares Outstanding | 33.7M | 38.0M | 57.1M | 65.9M | 66.8M | 70.1M | |
Liabilities And Stockholders Equity | 86.8K | 467.7K | 744.5K | 324.2K | 944.0K | 1.7M | |
Other Stockholder Equity | 1.6M | 1.9M | 2.2M | 2.4M | 2.4M | 2.3M | |
Total Liab | 254.2K | 274.4K | 394.9K | 244.3K | 195.5K | 218.2K | |
Total Current Assets | 86.8K | 467.7K | 744.5K | 324.2K | 944.0K | 610.5K | |
Other Current Liab | 219.8K | 166.3K | 103.0K | 103.5K | 112.0K | 130.2K | |
Other Current Assets | 3.0K | 1.6K | 750.0 | 36.1K | 1.2K | 1.1K | |
Common Stock | 11.9M | 12.5M | 14.6M | 15.3M | 17.6M | 10.7M | |
Net Tangible Assets | (167.3K) | 193.4K | 349.6K | 79.9K | 71.9K | 68.3K | |
Net Invested Capital | (167.3K) | 193.4K | 349.6K | 79.9K | 748.4K | 785.8K | |
Net Working Capital | (167.3K) | 193.4K | 349.6K | 79.9K | 748.4K | 785.8K | |
Capital Stock | 11.9M | 12.5M | 14.6M | 15.3M | 17.6M | 14.9M |
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When running Gossan Resources' price analysis, check to measure Gossan Resources' 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 Gossan Resources is operating at the current time. Most of Gossan Resources' value examination focuses on studying past and present price action to predict the probability of Gossan Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gossan Resources' price. Additionally, you may evaluate how the addition of Gossan Resources to your portfolios can decrease your overall portfolio volatility.