Minco Historical Balance Sheet
MSV Stock | CAD 0.19 0.01 5.00% |
Trend analysis of Minco Silver balance sheet accounts such as Total Stockholder Equity of 62 M provides information on Minco Silver's total assets, liabilities, and equity, which is the actual value of Minco Silver to its prevalent stockholders. By breaking down trends over time using Minco Silver 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 Minco Silver 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 Minco Silver is a good buy for the upcoming year.
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About Minco Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Minco Silver at a specified time, usually calculated after every quarter, six months, or one year. Minco Silver Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Minco Silver 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 Minco currently owns. An asset can also be divided into two categories, current and non-current.
Minco Silver Balance Sheet Chart
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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.Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Accounts Payable
An accounting item on the balance sheet that represents Minco Silver 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 Minco Silver 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.Most accounts from Minco Silver's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Minco Silver 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 Minco Silver. 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, Minco Silver's Non Current Liabilities Total is very stable compared to the past year. As of the 29th of November 2024, Other Current Assets is likely to grow to about 399.7 K, while Other Current Liabilities is likely to drop about 815.4 K.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 2.3M | 1.7M | 1.2M | 815.4K | Total Assets | 48.8M | 52.5M | 45.7M | 66.1M |
Minco Silver balance sheet Correlations
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Minco Silver Account Relationship Matchups
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Minco Silver balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 46.3M | 47.1M | 48.8M | 52.5M | 45.7M | 66.1M | |
Other Current Liab | 465.2K | 725.5K | 2.3M | 1.7M | 1.2M | 815.4K | |
Total Current Liabilities | 869.7K | 1.3M | 2.6M | 2.2M | 1.7M | 1.1M | |
Total Stockholder Equity | 46.2M | 47.0M | 46.5M | 49.5M | 43.7M | 62.0M | |
Net Debt | (12.3M) | (15.2M) | (4.3M) | (6.5M) | (7.0M) | (7.3M) | |
Retained Earnings | (90.5M) | (91.7M) | (93.2M) | (90.1M) | (94.1M) | (89.4M) | |
Cash | 12.6M | 15.4M | 5.0M | 7.5M | 7.8M | 12.1M | |
Cash And Short Term Investments | 31.5M | 32.9M | 33.1M | 42.5M | 35.6M | 38.9M | |
Net Receivables | 14.0M | 10.0M | 13.3M | 8.0M | 8.2M | 4.5M | |
Common Stock Shares Outstanding | 60.7M | 60.7M | 60.9M | 61.0M | 70.2M | 54.2M | |
Short Term Investments | 18.8M | 17.4M | 28.1M | 35.0M | 27.8M | 26.8M | |
Liabilities And Stockholders Equity | 46.3M | 47.1M | 48.8M | 52.5M | 45.7M | 66.1M | |
Other Stockholder Equity | 27.2M | 27.6M | 27.7M | 28.0M | 28.4M | 23.9M | |
Total Liab | 1.3M | 1.4M | 3.6M | 4.3M | 3.4M | 1.8M | |
Total Current Assets | 45.9M | 43.2M | 46.8M | 50.8M | 44.1M | 43.9M | |
Short Term Debt | 152.5K | 140.2K | 172.6K | 213.9K | 224.2K | 213.0K | |
Property Plant And Equipment Net | 438.0K | 661.4K | 1.2M | 1.3M | 926.1K | 879.8K | |
Accounts Payable | 252.0K | 409.1K | 215.6K | 210.5K | 234.5K | 379.4K | |
Non Current Assets Total | 438.0K | 4.0M | 2.0M | 1.7M | 1.7M | 1.6M | |
Non Current Liabilities Total | 410.3K | 109.6K | 967.7K | 2.1M | 1.7M | 1.8M | |
Other Current Assets | 378.7K | 270.6K | 356.0K | 348.0K | 283.5K | 399.7K | |
Property Plant And Equipment Gross | 438.0K | 661.4K | 2.7M | 2.9M | 2.6M | 2.5M | |
Accumulated Other Comprehensive Income | 1.9M | 3.3M | 4.1M | 3.7M | 1.5M | 1.4M | |
Net Tangible Assets | 46.2M | 47.0M | 46.5M | 49.5M | 44.5M | 62.5M | |
Property Plant Equipment | 438.0K | 661.4K | 1.2M | 1.3M | 1.1M | 1.1M | |
Capital Surpluse | 27.2M | 27.6M | 27.7M | 28.0M | 32.2M | 28.7M | |
Long Term Debt Total | 214.1K | 45.6K | 567.0K | 780.6K | 897.7K | 942.5K | |
Net Invested Capital | 46.2M | 47.0M | 46.5M | 49.5M | 43.7M | 49.2M | |
Net Working Capital | 45.0M | 41.9M | 44.2M | 48.6M | 42.4M | 36.2M |
Pair Trading with Minco Silver
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 Minco Silver 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 Minco Silver will appreciate offsetting losses from the drop in the long position's value.Moving together with Minco Stock
Moving against Minco Stock
The ability to find closely correlated positions to Minco Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Minco Silver 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 Minco Silver - 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 Minco Silver to buy it.
The correlation of Minco Silver 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 Minco Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Minco Silver 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 Minco Silver 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 Minco Stock
Balance Sheet is a snapshot of the financial position of Minco Silver at a specified time, usually calculated after every quarter, six months, or one year. Minco Silver Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Minco Silver 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 Minco currently owns. An asset can also be divided into two categories, current and non-current.