Nevada Historical Balance Sheet

NKG Stock  CAD 0.29  0.01  3.33%   
Trend analysis of Nevada King Gold balance sheet accounts such as Accounts Payable of 1.5 M provides information on Nevada King's total assets, liabilities, and equity, which is the actual value of Nevada King Gold to its prevalent stockholders. By breaking down trends over time using Nevada King 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.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nevada King Gold. 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 Nevada Balance Sheet Analysis

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

Nevada King Balance Sheet Chart

At this time, Nevada King's Net Tangible Assets are fairly stable compared to the past year. Accounts Payable is likely to climb to about 1.5 M in 2024, despite the fact that Retained Earnings are likely to grow to (120.7 M).

Total Current Liabilities

Total Current Liabilities is an item on Nevada King balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nevada King Gold 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.

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 Nevada King 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 Nevada King Gold 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 Nevada King's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Nevada King Gold 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 Nevada King Gold. 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, Nevada King's Net Tangible Assets are fairly stable compared to the past year. Accounts Payable is likely to climb to about 1.5 M in 2024, despite the fact that Retained Earnings are likely to grow to (120.7 M).
 2023 2024 (projected)
Total Current Liabilities755.3K625.2K
Other Current Liabilities1.2M766.6K

Nevada King balance sheet Correlations

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0.360.38-0.520.570.40.420.120.110.250.410.680.11-0.05-0.110.18-0.30.480.180.220.32-0.21-0.210.24
0.610.38-0.920.870.990.990.860.850.810.940.750.850.640.580.470.030.940.840.870.93-0.67-0.670.88
-0.57-0.52-0.92-0.98-0.93-0.92-0.6-0.6-0.57-0.88-0.81-0.6-0.43-0.36-0.470.05-0.89-0.58-0.76-0.80.780.78-0.67
0.550.570.87-0.980.890.880.530.520.510.840.860.520.380.310.44-0.10.830.520.690.73-0.77-0.770.6
0.630.40.99-0.930.890.990.840.840.810.940.760.840.590.530.4-0.040.940.830.820.89-0.69-0.690.88
0.570.420.99-0.920.880.990.830.830.830.930.750.830.530.480.36-0.10.950.850.80.89-0.68-0.680.9
0.640.120.86-0.60.530.840.831.00.940.840.551.00.780.750.380.160.810.940.820.89-0.3-0.30.94
0.630.110.85-0.60.520.840.831.00.940.840.541.00.780.750.380.170.80.940.810.89-0.3-0.30.93
0.520.250.81-0.570.510.810.830.940.940.810.580.940.550.510.13-0.150.820.980.630.79-0.24-0.240.97
0.720.410.94-0.880.840.940.930.840.840.810.830.840.590.520.430.010.970.790.820.93-0.48-0.480.83
0.610.680.75-0.810.860.760.750.550.540.580.830.540.410.330.45-0.070.80.490.620.72-0.34-0.340.54
0.630.110.85-0.60.520.840.831.01.00.940.840.540.780.750.380.170.80.940.810.89-0.3-0.30.93
0.63-0.050.64-0.430.380.590.530.780.780.550.590.410.781.00.780.710.480.560.880.77-0.21-0.210.55
0.57-0.110.58-0.360.310.530.480.750.750.510.520.330.751.00.770.750.410.530.850.73-0.18-0.180.51
0.420.180.47-0.470.440.40.360.380.380.130.430.450.380.780.770.810.360.120.810.64-0.26-0.260.16
0.26-0.30.030.05-0.1-0.04-0.10.160.17-0.150.01-0.070.170.710.750.81-0.11-0.140.510.280.090.09-0.15
0.590.480.94-0.890.830.940.950.810.80.820.970.80.80.480.410.36-0.110.810.770.91-0.51-0.510.85
0.480.180.84-0.580.520.830.850.940.940.980.790.490.940.560.530.12-0.140.810.650.79-0.35-0.350.99
0.630.220.87-0.760.690.820.80.820.810.630.820.620.810.880.850.810.510.770.650.95-0.48-0.480.68
0.660.320.93-0.80.730.890.890.890.890.790.930.720.890.770.730.640.280.910.790.95-0.43-0.430.82
-0.21-0.21-0.670.78-0.77-0.69-0.68-0.3-0.3-0.24-0.48-0.34-0.3-0.21-0.18-0.260.09-0.51-0.35-0.48-0.431.0-0.44
-0.21-0.21-0.670.78-0.77-0.69-0.68-0.3-0.3-0.24-0.48-0.34-0.3-0.21-0.18-0.260.09-0.51-0.35-0.48-0.431.0-0.44
0.490.240.88-0.670.60.880.90.940.930.970.830.540.930.550.510.16-0.150.850.990.680.82-0.44-0.44
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Nevada King Account Relationship Matchups

Nevada King balance sheet Accounts

201920202021202220232024 (projected)
Total Current Liabilities124.9K156.4K255.6K1.3M755.3K625.2K
Net Tangible Assets7.4M9.3M28.4M74.5M85.7M89.9M
Retained Earnings(30.6M)(32.6M)(42.4M)(100.1M)(127.1M)(120.7M)
Accounts Payable124.9K156.4K249.8K1.3M1.5M1.5M
Common Stock33.3M37.4M40.9M114.8M132.1M138.7M
Property Plant Equipment3.1M7.6M8.1M59.9M68.8M72.3M
Total Assets9.4M28.6M74.7M37.7M36.2M30.7M
Total Stockholder Equity9.3M28.4M74.5M36.4M35.5M30.2M
Cash1.7M987.7K13.2M7.9M5.4M5.0M
Non Current Assets Total7.6M9.4M61.5M29.5M30.6M22.3M
Common Stock Shares Outstanding91.1M99.1M243.6M278.6M343.5M182.1M
Total Liab124.9K156.4K255.6K1.3M755.3K491.4K
Net Invested Capital9.3M28.4M74.5M36.4M35.5M30.2M
Total Current Assets1.7M19.2M13.2M8.2M5.6M8.3M
Net Working Capital1.6M19.0M13.0M6.9M4.9M7.9M
Net Receivables12.0K70.4K16.2K44.7K35.7K36.2K
Capital Stock37.4M40.9M114.8M130.5M156.4M94.1M

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Additional Tools for Nevada Stock Analysis

When running Nevada King's price analysis, check to measure Nevada King's 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 Nevada King is operating at the current time. Most of Nevada King's value examination focuses on studying past and present price action to predict the probability of Nevada King's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nevada King's price. Additionally, you may evaluate how the addition of Nevada King to your portfolios can decrease your overall portfolio volatility.