Glacier Historical Balance Sheet
GVC Stock | CAD 0.13 0.02 13.33% |
Trend analysis of Glacier Media balance sheet accounts such as Total Current Liabilities of 41.5 M or Total Stockholder Equity of 53 M provides information on Glacier Media's total assets, liabilities, and equity, which is the actual value of Glacier Media to its prevalent stockholders. By breaking down trends over time using Glacier Media 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 Glacier Media 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 Glacier Media is a good buy for the upcoming year.
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About Glacier Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Glacier Media at a specified time, usually calculated after every quarter, six months, or one year. Glacier Media Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Glacier Media 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 Glacier currently owns. An asset can also be divided into two categories, current and non-current.
Glacier Media Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Glacier Media 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 Glacier Media 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 Glacier Media balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Glacier Media 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.Cash
Cash refers to the most liquid asset of Glacier Media, which is listed under current asset account on Glacier Media balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Glacier Media customers. The amounts must be unrestricted with restricted cash listed in a different Glacier Media account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Capital Lease Obligations
Glacier Media capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Glacier Media asset purchases. For example, Glacier Media can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Glacier Media control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Most accounts from Glacier Media's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Glacier Media 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 Glacier Media. 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, Glacier Media's Total Liabilities is very stable compared to the past year. As of the 29th of November 2024, Total Current Assets is likely to grow to about 44.8 M, while Other Current Liabilities is likely to drop about 19.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 25.6M | 26.1M | 27.6M | 19.5M | Total Assets | 271.1M | 237.6M | 172.2M | 301.7M |
Glacier Media balance sheet Correlations
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Glacier Media Account Relationship Matchups
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Glacier Media balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 271.1M | 263.1M | 271.1M | 237.6M | 172.2M | 301.7M | |
Other Current Liab | 25.9M | 34.8M | 25.6M | 26.1M | 27.6M | 19.5M | |
Total Current Liabilities | 42.5M | 50.9M | 47.0M | 47.8M | 47.8M | 41.5M | |
Total Stockholder Equity | 177.0M | 170.8M | 178.5M | 150.9M | 55.8M | 53.0M | |
Net Debt | 25.7M | (1.9M) | (2.8M) | (1.8M) | 8.3M | 7.9M | |
Retained Earnings | (53.9M) | (70.7M) | (67.3M) | (97.4M) | (193.2M) | (183.5M) | |
Accounts Payable | 2.5M | 2.7M | 7.0M | 6.4M | 1.2M | 1.1M | |
Cash | 5.1M | 14.3M | 21.7M | 19.6M | 6.6M | 7.2M | |
Non Current Assets Total | 225.4M | 205.1M | 208.5M | 177.9M | 131.1M | 256.9M | |
Non Currrent Assets Other | 35.1M | 31.6M | 39.3M | 34.4M | 7.1M | 6.7M | |
Cash And Short Term Investments | 5.1M | 14.3M | 21.7M | 19.6M | 6.6M | 7.2M | |
Common Stock Shares Outstanding | 116.8M | 125.2M | 130.9M | 132.6M | 131.2M | 82.0M | |
Liabilities And Stockholders Equity | 271.1M | 263.1M | 271.1M | 237.6M | 172.2M | 301.7M | |
Non Current Liabilities Total | 30.4M | 20.0M | 27.7M | 22.8M | 59.5M | 73.1M | |
Other Current Assets | 2.5M | 3.6M | 2.5M | 2.7M | 2.2M | 2.1M | |
Total Liab | 72.9M | 70.8M | 74.7M | 70.5M | 107.3M | 114.5M | |
Total Current Assets | 45.7M | 58.0M | 62.6M | 59.7M | 41.1M | 44.8M | |
Short Long Term Debt Total | 30.8M | 12.3M | 19.0M | 17.8M | 14.8M | 14.1M | |
Property Plant And Equipment Net | 41.9M | 36.1M | 42.0M | 39.3M | 26.2M | 34.1M | |
Net Receivables | 36.1M | 38.0M | 35.7M | 34.3M | 32.0M | 32.7M | |
Inventory | 2.1M | 2.2M | 2.7M | 3.1M | 317K | 301.2K | |
Property Plant And Equipment Gross | 41.9M | 36.1M | 95.8M | 80.0M | 51.2M | 39.3M | |
Short Term Debt | 3.5M | 3.3M | 3.5M | 3.6M | 10.1M | 6.0M | |
Intangible Assets | 48.8M | 43.8M | 41.4M | 37.5M | 28.2M | 26.8M | |
Accumulated Other Comprehensive Income | 55K | (339K) | (270K) | (258K) | (88K) | (83.6K) | |
Current Deferred Revenue | 10.6M | 10.0M | 10.8M | 11.6M | 8.9M | 13.8M | |
Good Will | 38.0M | 38.5M | 35.7M | 27.1M | 21.5M | 20.4M | |
Other Liab | 3.1M | 10.9M | 12.2M | 8.6M | 7.7M | 8.8M | |
Net Tangible Assets | 90.1M | 88.5M | 101.4M | 86.3M | 99.3M | 66.9M | |
Other Assets | 40.1M | 35.5M | 44.7M | 47.6M | 54.7M | 31.1M | |
Long Term Debt | 18.1M | 2.3M | 7.6M | 7.2M | 6.4M | 6.1M | |
Long Term Investments | 56.6M | 51.2M | 44.6M | 26.3M | 26.5M | 50.1M | |
Short Long Term Debt | 410K | 338K | 451K | 456K | 7.2M | 10.1M | |
Property Plant Equipment | 41.9M | 36.1M | 42.0M | 39.3M | 35.4M | 30.0M | |
Long Term Debt Total | 27.3M | 9.0M | 15.4M | 14.1M | 12.7M | 12.1M | |
Non Current Liabilities Other | 2.2M | 10M | 11.4M | 7.8M | 6.9M | 6.1M | |
Cash And Equivalents | 5.1M | 14.3M | 21.7M | 19.6M | 22.6M | 23.7M |
Pair Trading with Glacier Media
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Glacier Media position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Glacier Media will appreciate offsetting losses from the drop in the long position's value.Moving together with Glacier Stock
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The ability to find closely correlated positions to Glacier Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Glacier Media when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Glacier Media - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Glacier Media to buy it.
The correlation of Glacier Media is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Glacier Media moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Glacier Media moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Glacier Media can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Glacier Stock
Balance Sheet is a snapshot of the financial position of Glacier Media at a specified time, usually calculated after every quarter, six months, or one year. Glacier Media Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Glacier Media 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 Glacier currently owns. An asset can also be divided into two categories, current and non-current.