Noram Historical Balance Sheet

NRM Stock  CAD 0.13  0.01  8.33%   
Trend analysis of Noram Lithium Corp balance sheet accounts such as Property Plant And Equipment Net of 52.9 K provides information on Noram Lithium's total assets, liabilities, and equity, which is the actual value of Noram Lithium Corp to its prevalent stockholders. By breaking down trends over time using Noram Lithium 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.
 
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Financial Statement Analysis is much more than just reviewing and examining Noram Lithium 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 Noram Lithium Corp is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Noram Lithium 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.

About Noram Balance Sheet Analysis

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

Noram Lithium Balance Sheet Chart

At this time, Noram Lithium's Non Currrent Assets Other are fairly stable compared to the past year. Accumulated Other Comprehensive Income is likely to climb to about 9.9 M in 2024, whereas Property Plant And Equipment Net is likely to drop slightly above 52.9 K in 2024.

Total Assets

Total assets refers to the total amount of Noram Lithium 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 Noram Lithium 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 Noram Lithium balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Noram Lithium 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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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.
Most accounts from Noram Lithium's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Noram Lithium 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 Noram Lithium 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, Noram Lithium's Non Currrent Assets Other are fairly stable compared to the past year. Accumulated Other Comprehensive Income is likely to climb to about 9.9 M in 2024, whereas Property Plant And Equipment Net is likely to drop slightly above 52.9 K in 2024.
 2021 2022 2023 2024 (projected)
Total Current Liabilities439.2K638.8K480.5K504.6K
Total Assets5.9M14.2M8.4M4.2M

Noram Lithium balance sheet Correlations

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Noram Lithium Account Relationship Matchups

Noram Lithium balance sheet Accounts

201920202021202220232024 (projected)
Total Assets3.2M5.0M5.9M14.2M8.4M4.2M
Total Current Liabilities244.0K341.0K439.2K638.8K480.5K504.6K
Total Stockholder Equity2.9M4.7M5.4M13.5M8.0M8.4M
Property Plant And Equipment Net3.1M3.3M4.2M1.0M55.7K52.9K
Net Debt93.6K(815.9K)59.1K(1.5M)(912.9K)(867.3K)
Retained Earnings(9.7M)(14.7M)(20.0M)(24.7M)(30.4M)(28.8M)
Cash10.9K866.5K101.7K1.6M968.6K1.0M
Non Current Assets Total3.2M3.3M4.2M1.0M4.7M2.4M
Cash And Short Term Investments10.9K1.6M1.6M12.2M3.6M3.8M
Net Receivables13.3K53.0K51.3K234.9K56.2K56.7K
Common Stock Shares Outstanding38.0M50.2M73.9M87.9M88.9M93.4M
Liabilities And Stockholders Equity3.2M5.0M5.9M14.2M8.4M4.2M
Other Stockholder Equity1.5M1.6M108.0K1.4K1.3K1.2K
Total Liab294.6K341.0K550.1K694.5K480.5K250.2K
Total Current Assets45.0K1.7M1.8M13.2M3.7M3.9M
Common Stock11.0M14.4M17.3M28.9M33.2M34.9M
Non Currrent Assets Other19.2K18.6K18.2K19.3K4.6M4.8M
Accumulated Other Comprehensive Income1.6M4.9M8.1M9.4M9.4M9.9M
Net Tangible Assets2.9M2.9M4.7M5.4M6.2M6.5M
Accounts Payable168.4K196.8K282.9K462.6K302.5K179.6K
Other Assets19.2K18.6K18.2K19.3K1.00.95
Property Plant Equipment2.8M3.1M3.3M4.2M4.8M2.5M
Other Current Liab21.7K93.6K106.4K121.0K424.9K446.1K
Other Current Assets20.9K33.3K97.6K749.7K49.1K46.6K
Net Invested Capital2.9M4.7M5.4M13.5M8.0M6.1M
Net Working Capital(199.0K)1.4M1.3M12.6M3.3M2.9M
Capital Stock11.0M14.4M17.3M28.9M33.2M20.4M

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