Laramide Historical Balance Sheet

LAM Stock

CAD 0.72 0.03 4.00%

Trend analysis of Laramide Resources balance sheet accounts such as Property Plant And Equipment Net of 53.5 M provides information on Laramide Resources' total assets, liabilities, and equity, which is the actual value of Laramide Resources to its prevalent stockholders. By breaking down trends over time using Laramide 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 Laramide 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 Laramide Resources is a good buy for the upcoming year.

Laramide Resources Inventory

1.36 Million

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laramide 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 Laramide Balance Sheet Analysis

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

Laramide Resources Balance Sheet Chart

At this time, Laramide Resources' Other Current Assets are very stable compared to the past year. As of the 1st of December 2024, Long Term Debt is likely to grow to about 6.1 M, while Total Assets are likely to drop about 66.4 M.

Total Assets Total Current Liabilities Total Stockholder Equity Accounts Payable Non Current Assets Total Other Assets

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Total Assets

Total assets refers to the total amount of Laramide 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 Laramide 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 Laramide 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 Laramide 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.

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.

Accounts Payable

An accounting item on the balance sheet that represents Laramide 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 Laramide 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 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.

Most accounts from Laramide Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Laramide 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laramide 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	7.9M	8.9K	5.2M	3.6M
Total Assets	96.6M	99.9M	109.6M	66.4M

Total Current Liabilities Total Assets

Laramide Resources balance sheet Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Current Deferred Revenue	Short Term Debt	Other Current Assets	Non Current Liabilities Total	Short Term Investments	Inventory	Common Stock
Total Assets		0.42	0.52	0.56	0.16	-0.48	-0.01	0.15	0.54	-0.72	0.18	0.06	0.56	0.01	0.52	0.99	0.3	0.52	0.36	0.43	0.15	0.29	0.52	-0.87	0.37	0.4
Total Current Liabilities	0.42		0.69	0.74	0.37	-0.71	0.27	0.2	0.74	-0.21	0.24	-0.08	0.13	0.03	0.75	0.41	0.25	0.6	0.6	0.23	-0.04	0.04	0.53	-0.44	0.38	0.59
Total Stockholder Equity	0.52	0.69		0.98	0.19	-0.85	0.39	0.27	0.98	-0.22	0.41	0.1	0.07	0.3	0.74	0.48	0.56	0.28	0.57	0.45	-0.28	0.38	0.76	-0.48	0.15	0.61
Property Plant And Equipment Net	0.56	0.74	0.98		0.34	-0.88	0.35	0.21	1.0	-0.21	0.32	0.03	0.1	0.2	0.86	0.53	0.47	0.44	0.54	0.48	-0.24	0.26	0.82	-0.52	0.22	0.69
Net Debt	0.16	0.37	0.19	0.34		-0.14	0.12	-0.67	0.33	-0.02	-0.59	-0.13	-0.31	-0.24	0.53	0.23	-0.45	0.73	-0.19	0.48	0.42	-0.07	0.41	-0.17	0.19	0.17
Retained Earnings	-0.48	-0.71	-0.85	-0.88	-0.14		-0.38	-0.51	-0.88	0.21	-0.5	0.18	-0.41	-0.15	-0.82	-0.46	-0.47	-0.4	-0.5	-0.3	0.4	-0.1	-0.73	0.61	-0.41	-0.86
Accounts Payable	-0.01	0.27	0.39	0.35	0.12	-0.38		-0.04	0.35	0.03	0.11	-0.27	-0.28	0.21	0.16	-0.04	0.22	-0.15	-0.25	0.58	-0.13	0.04	0.0	-0.18	0.39	0.42
Cash	0.15	0.2	0.27	0.21	-0.67	-0.51	-0.04		0.21	-0.05	0.84	0.0	0.66	0.05	0.21	0.11	0.61	-0.14	0.53	-0.34	-0.57	-0.08	0.17	-0.21	0.08	0.48
Non Current Assets Total	0.54	0.74	0.98	1.0	0.33	-0.88	0.35	0.21		-0.19	0.31	0.04	0.08	0.25	0.84	0.51	0.45	0.43	0.56	0.46	-0.27	0.29	0.83	-0.52	0.2	0.66
Non Currrent Assets Other	-0.72	-0.21	-0.22	-0.21	-0.02	0.21	0.03	-0.05	-0.19		-0.24	-0.19	-0.48	0.2	-0.12	-0.69	-0.26	-0.28	-0.13	-0.41	-0.36	-0.43	-0.13	0.65	-0.19	-0.09
Cash And Short Term Investments	0.18	0.24	0.41	0.32	-0.59	-0.5	0.11	0.84	0.31	-0.24		0.29	0.44	-0.01	0.19	0.12	0.86	-0.26	0.49	0.0	-0.29	0.23	0.13	-0.13	-0.07	0.32
Net Receivables	0.06	-0.08	0.1	0.03	-0.13	0.18	-0.27	0.0	0.04	-0.19	0.29		-0.14	0.12	-0.14	0.02	0.22	-0.06	0.22	0.14	0.15	0.46	0.07	0.1	-0.82	-0.44
Common Stock Shares Outstanding	0.56	0.13	0.07	0.1	-0.31	-0.41	-0.28	0.66	0.08	-0.48	0.44	-0.14		-0.18	0.22	0.57	0.19	0.29	0.26	-0.24	-0.14	-0.11	0.17	-0.6	0.38	0.44
Other Stockholder Equity	0.01	0.03	0.3	0.2	-0.24	-0.15	0.21	0.05	0.25	0.2	-0.01	0.12	-0.18		-0.1	-0.05	-0.06	-0.24	0.19	0.07	-0.37	0.33	0.16	-0.21	-0.16	-0.07
Total Liab	0.52	0.75	0.74	0.86	0.53	-0.82	0.16	0.21	0.84	-0.12	0.19	-0.14	0.22	-0.1		0.54	0.27	0.71	0.53	0.38	-0.18	-0.01	0.87	-0.51	0.32	0.75
Property Plant And Equipment Gross	0.99	0.41	0.48	0.53	0.23	-0.46	-0.04	0.11	0.51	-0.69	0.12	0.02	0.57	-0.05	0.54		0.23	0.58	0.31	0.42	0.18	0.19	0.5	-0.86	0.41	0.43
Total Current Assets	0.3	0.25	0.56	0.47	-0.45	-0.47	0.22	0.61	0.45	-0.26	0.86	0.22	0.19	-0.06	0.27	0.23		-0.3	0.49	0.22	-0.19	0.35	0.21	-0.11	0.01	0.3
Short Long Term Debt Total	0.52	0.6	0.28	0.44	0.73	-0.4	-0.15	-0.14	0.43	-0.28	-0.26	-0.06	0.29	-0.24	0.71	0.58	-0.3		0.23	0.22	0.24	-0.07	0.62	-0.56	0.28	0.39
Other Current Liab	0.36	0.6	0.57	0.54	-0.19	-0.5	-0.25	0.53	0.56	-0.13	0.49	0.22	0.26	0.19	0.53	0.31	0.49	0.23		-0.15	-0.4	0.25	0.59	-0.25	-0.1	0.28
Current Deferred Revenue	0.43	0.23	0.45	0.48	0.48	-0.3	0.58	-0.34	0.46	-0.41	0.0	0.14	-0.24	0.07	0.38	0.42	0.22	0.22	-0.15		0.3	0.35	0.32	-0.44	0.11	0.2
Short Term Debt	0.15	-0.04	-0.28	-0.24	0.42	0.4	-0.13	-0.57	-0.27	-0.36	-0.29	0.15	-0.14	-0.37	-0.18	0.18	-0.19	0.24	-0.4	0.3		0.28	-0.3	0.01	0.1	-0.48
Other Current Assets	0.29	0.04	0.38	0.26	-0.07	-0.1	0.04	-0.08	0.29	-0.43	0.23	0.46	-0.11	0.33	-0.01	0.19	0.35	-0.07	0.25	0.35	0.28		0.28	-0.24	-0.25	-0.36
Non Current Liabilities Total	0.52	0.53	0.76	0.82	0.41	-0.73	0.0	0.17	0.83	-0.13	0.13	0.07	0.17	0.16	0.87	0.5	0.21	0.62	0.59	0.32	-0.3	0.28		-0.54	0.03	0.53
Short Term Investments	-0.87	-0.44	-0.48	-0.52	-0.17	0.61	-0.18	-0.21	-0.52	0.65	-0.13	0.1	-0.6	-0.21	-0.51	-0.86	-0.11	-0.56	-0.25	-0.44	0.01	-0.24	-0.54		-0.47	-0.53
Inventory	0.37	0.38	0.15	0.22	0.19	-0.41	0.39	0.08	0.2	-0.19	-0.07	-0.82	0.38	-0.16	0.32	0.41	0.01	0.28	-0.1	0.11	0.1	-0.25	0.03	-0.47		0.58
Common Stock	0.4	0.59	0.61	0.69	0.17	-0.86	0.42	0.48	0.66	-0.09	0.32	-0.44	0.44	-0.07	0.75	0.43	0.3	0.39	0.28	0.2	-0.48	-0.36	0.53	-0.53	0.58

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Laramide Resources Account Relationship Matchups

Laramide Resources balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	86.5M	92.2M	96.6M	99.9M	109.6M	66.4M
Total Current Liabilities	4.9M	5.0M	7.9M	8.9K	5.2M	3.6M
Total Stockholder Equity	71.6M	76.9M	78.7M	52.8K	96.6M	53.7M
Property Plant And Equipment Net	84.6M	88.9M	86.8M	93.1K	98.9M	53.5M
Net Debt	10.0M	7.4M	(820.4K)	(1.6K)	(4.7M)	(4.5M)
Retained Earnings	(100.3M)	(105.7M)	(114.6M)	(115.2K)	(119.9M)	(113.9M)
Accounts Payable	381.5K	538.0K	182.3K	1.4K	905.4K	877.1K
Cash	27.0K	91.3K	7.6M	1.6K	9.1M	9.5M
Non Current Assets Total	86.1M	90.3M	87.8M	93.1K	99.6M	57.3M
Non Currrent Assets Other	474.9K	465.6K	463.6K	(93.1K)	483.6K	459.4K
Cash And Short Term Investments	76.8K	1.5M	8.5M	5.8K	9.6M	10.1M
Net Receivables	51.9K	66.3K	106.2K	134.3K	146.0K	177.7K
Common Stock Shares Outstanding	138.0M	164.7M	176.5M	206.8M	228.8M	240.3M
Liabilities And Stockholders Equity	86.5M	92.2M	96.6M	99.9M	109.6M	66.4M
Other Stockholder Equity	27.9M	33.2M	30.0M	(52.8K)	30.6M	50.2M
Total Liab	14.8M	15.3M	17.8M	12.7K	13.0M	8.7M
Property Plant And Equipment Gross	84.6M	88.9M	90.2M	96.7M	102.1M	57.5M
Total Current Assets	344.0K	1.8M	8.8M	6.3K	10.0M	5.1M
Short Long Term Debt Total	10.0M	7.4M	6.8M	6.0M	4.3M	4.9M
Other Current Liab	787.8K	3.3M	7.2M	7.5K	4.1M	2.7M
Current Deferred Revenue	502.6K	549.7K	211.3K	191.6K	(905.45)	(860.18)
Accumulated Other Comprehensive Income	864.0K	6.1M	2.5M	2.9M	1.5M	755.8K
Short Term Debt	3.7M	1.1M	575.3K	6.0M	156.1K	148.3K
Other Current Assets	215.3K	200.2K	178.6K	201.6K	266.0K	431.5K
Non Current Liabilities Total	9.9M	10.4M	9.9M	(1.4K)	7.8M	6.5M
Short Term Investments	49.8K	1.5M	839.9K	4.2K	572.4K	543.8K
Common Stock	139.7M	143.2M	159.2M	168.0K	184.5M	127.9M
Other Liab	3.6M	4.0M	3.7M	3.8M	4.4M	3.7M
Net Tangible Assets	71.6M	76.9M	78.7M	87.2M	100.2M	80.8M
Other Assets	474.9K	465.6K	463.6K	495.26	445.73	423.45
Long Term Debt	6.0M	6.2M	6.2M	4.2M	4.8M	6.1M
Short Long Term Debt	3.7M	1.1M	575.3K	6.0M	156.1K	148.3K
Property Plant Equipment	84.6M	88.9M	86.8M	93.1M	107.1M	89.8M
Long Term Investments	1.0M	964.5K	548K	0.0	175.1K	166.4K
Long Term Debt Total	7.1M	8.7M	6.3M	6.4M	6.2M	0.0
Capital Surpluse	27.9M	29.1M	30.0M	30.7M	35.4M	31.4M
Net Invested Capital	81.7M	84.3M	85.5M	93.2M	101.0M	95.9M
Net Working Capital	(4.6M)	(3.1M)	823.1K	(2.6M)	4.8M	5.1M

Pair Trading with Laramide Resources

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 Laramide Resources 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 Laramide Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with Laramide Stock

0.88	ENB-PFV	Enbridge Pref 5	Pair Corr
0.83	ENB-PFU	Enbridge Pref L	Pair Corr
0.73	ENS	E Split Corp	Pair Corr

Moving against Laramide Stock

0.54

SAGE

Sage Potash Corp

Pair Corr

The ability to find closely correlated positions to Laramide Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Laramide Resources 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 Laramide Resources - 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 Laramide Resources to buy it.

The correlation of Laramide Resources 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 Laramide Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Laramide Resources 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 Laramide Resources 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.

Pair Correlation Correlation Matching

Other Information on Investing in Laramide Stock

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Laramide Historical Balance Sheet

Laramide Resources Inventory

1.36 Million

About Laramide Balance Sheet Analysis

Laramide Resources Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Accounts Payable

Non Current Assets Total

Laramide Resources balance sheet Correlations

Laramide Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Laramide Resources balance sheet Accounts

Pair Trading with Laramide Resources

Moving together with Laramide Stock

Moving against Laramide Stock

Other Information on Investing in Laramide Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.98	Total Stockholder Equity
Non Current Assets Total	+ 0.98	Total Stockholder Equity
Non Current Liabilities Total	+ 0.87	Total Liab
Total Liab	+ 0.86	Property Plant And Equipment Net

Non Current Assets Total	- 0.88	Retained Earnings
Retained Earnings	- 0.88	Property Plant And Equipment Net
Short Term Investments	- 0.87	Total Assets
Short Term Investments	- 0.86	Property Plant And Equipment Gross
Common Stock	- 0.86	Retained Earnings
Retained Earnings	- 0.85	Total Stockholder Equity