Maritime Historical Balance Sheet
MAE Stock | CAD 0.06 0.01 8.33% |
Trend analysis of Maritime Resources Corp balance sheet accounts such as Net Debt of 4.8 M provides information on Maritime Resources' total assets, liabilities, and equity, which is the actual value of Maritime Resources Corp to its prevalent stockholders. By breaking down trends over time using Maritime 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.
Financial Statement Analysis is much more than just reviewing and examining Maritime Resources 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 Maritime Resources Corp is a good buy for the upcoming year.
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About Maritime Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Maritime Resources Corp at a specified time, usually calculated after every quarter, six months, or one year. Maritime Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Maritime 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 Maritime currently owns. An asset can also be divided into two categories, current and non-current.
Maritime Resources Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Maritime 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 Maritime Resources Corp 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 Maritime 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 Maritime Resources 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.Accounts Payable
An accounting item on the balance sheet that represents Maritime 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 Maritime Resources 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.Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Most accounts from Maritime Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Maritime Resources 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maritime Resources 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 board of governors. At this time, Maritime Resources' Total Liabilities is fairly stable compared to the past year. Net Receivables is likely to climb to about 1.2 M in 2024, whereas Total Current Assets are likely to drop slightly above 1.7 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 1.1M | 927.8K | 1.0M | 557.0K | Total Assets | 38.1M | 39.9M | 52.9M | 55.6M |
Maritime Resources balance sheet Correlations
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Maritime Resources Account Relationship Matchups
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Maritime Resources balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 14.1M | 26.2M | 38.1M | 39.9M | 52.9M | 55.6M | |
Total Current Liabilities | 511.0K | 1.2M | 1.1M | 927.8K | 1.0M | 557.0K | |
Total Stockholder Equity | 13.6M | 24.9M | 35.9M | 37.9M | 39.0M | 40.9M | |
Net Debt | (1.8M) | (6.4M) | (3.9M) | (2.1M) | 4.6M | 4.8M | |
Accounts Payable | 364.4K | 943.2K | 724.2K | 742.7K | 720.0K | 756.0K | |
Cash | 1.8M | 6.4M | 4.3M | 2.5M | 1.1M | 1.5M | |
Non Current Assets Total | 12.0M | 19.3M | 33.3M | 36.9M | 50.4M | 52.9M | |
Cash And Short Term Investments | 1.8M | 6.4M | 4.3M | 2.5M | 1.1M | 1.5M | |
Common Stock Shares Outstanding | 173.3M | 247.3M | 377.1M | 420.4M | 523.1M | 549.3M | |
Liabilities And Stockholders Equity | 14.1M | 26.2M | 38.1M | 39.9M | 52.9M | 55.6M | |
Total Liab | 511.0K | 1.3M | 2.2M | 2.0M | 14.0M | 14.7M | |
Total Current Assets | 2.1M | 6.9M | 4.8M | 3.0M | 2.6M | 1.7M | |
Retained Earnings | (9.5M) | (10.7M) | (12.0M) | (13.5M) | (15.7M) | (14.9M) | |
Net Receivables | 161.5K | 340.0K | 298.2K | 136.7K | 1.2M | 1.2M | |
Other Stockholder Equity | 2.5M | 2.2M | 2.8M | 2.2M | 2.0M | 2.2M | |
Property Plant And Equipment Net | 12.0M | 18.7M | 33.2M | 36.8M | 11.3M | 13.0M | |
Other Current Liab | 47.6K | 203.6K | 223.3K | 102.7K | 887.4K | 931.8K | |
Accumulated Other Comprehensive Income | 2.5M | 2.2M | 2.8M | 2.2M | 2.7M | 1.7M | |
Net Tangible Assets | 13.6M | 24.9M | 35.9M | 37.9M | 43.6M | 45.7M | |
Common Stock | 20.6M | 33.4M | 45.1M | 49.2M | 52.0M | 54.6M | |
Property Plant Equipment | 12.0M | 18.7M | 33.2M | 36.8M | 42.3M | 44.5M | |
Other Current Assets | 120.2K | 116.3K | 141.6K | 137.8K | 349.9K | 367.4K | |
Non Currrent Assets Other | 12.0M | 576.0K | 119.9K | 111.7K | 38.8M | 40.8M | |
Net Invested Capital | 13.6M | 24.9M | 35.9M | 37.9M | 44.2M | 27.2M | |
Net Working Capital | 1.6M | 5.6M | 3.6M | 2.1M | 1.6M | 2.6M | |
Capital Stock | 20.6M | 33.4M | 45.1M | 49.2M | 52.0M | 39.5M |
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Additional Tools for Maritime Stock Analysis
When running Maritime Resources' price analysis, check to measure Maritime 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 Maritime Resources is operating at the current time. Most of Maritime Resources' value examination focuses on studying past and present price action to predict the probability of Maritime Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Maritime Resources' price. Additionally, you may evaluate how the addition of Maritime Resources to your portfolios can decrease your overall portfolio volatility.