Surge Historical Balance Sheet

SURG Stock  CAD 0.1  0.01  5.56%   
Trend analysis of Surge Copper Corp balance sheet accounts such as Accounts Payable of 219.2 K, Cash of 80.4 K, Non Current Assets Total of 53.7 M or Cash And Short Term Investments of 3.4 M provides information on Surge Copper's total assets, liabilities, and equity, which is the actual value of Surge Copper Corp to its prevalent stockholders. By breaking down trends over time using Surge Copper 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 Surge Copper 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 Surge Copper Corp is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Surge Copper 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 price.

About Surge Balance Sheet Analysis

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

Surge Copper Balance Sheet Chart

At this time, Surge Copper's Other Stockholder Equity is fairly stable compared to the past year. Total Liabilities is likely to climb to about 5.2 M in 2024, despite the fact that Retained Earnings are likely to grow to (31.4 M).

Total Assets

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

Short Term Investments

Short Term Investments is an item under the current assets section of Surge Copper balance sheet. It contains any investments Surge Copper Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Surge Copper Corp can easily liquidate in the marketplace.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most accounts from Surge Copper's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Surge Copper 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Surge Copper 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 price.
At this time, Surge Copper's Other Stockholder Equity is fairly stable compared to the past year. Total Liabilities is likely to climb to about 5.2 M in 2024, despite the fact that Retained Earnings are likely to grow to (31.4 M).
 2021 2022 2023 2024 (projected)
Total Current Liabilities1.6M1.2M850.6K893.1K
Total Assets47.3M50.4M51.3M53.9M

Surge Copper balance sheet Correlations

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-0.39-0.66-0.36-0.250.3-0.66-0.94-0.25-0.990.03-0.350.180.13-0.55-0.920.18-0.17-0.39-0.520.05-0.340.32-0.72-0.48-0.5
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0.960.820.960.96-0.35-0.960.620.080.970.46-0.18-0.34-0.280.920.06-0.310.740.640.93-0.750.66-0.380.560.960.83
-0.51-0.23-0.54-0.510.180.44-0.18-0.13-0.5-0.2-0.12-0.34-0.23-0.28-0.151.0-0.29-0.57-0.290.140.22-0.61-0.21-0.18-0.19
-0.2-0.23-0.2-0.190.130.310.01-0.1-0.19-0.150.36-0.28-0.23-0.18-0.04-0.23-0.770.04-0.160.06-0.580.48-0.18-0.22-0.36
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0.160.50.130.0-0.92-0.070.40.980.00.860.20.06-0.15-0.040.34-0.16-0.030.260.290.280.15-0.210.690.210.3
-0.49-0.22-0.52-0.480.180.42-0.15-0.14-0.47-0.19-0.12-0.311.0-0.23-0.26-0.16-0.27-0.56-0.260.10.24-0.62-0.21-0.15-0.18
0.720.550.730.73-0.17-0.790.230.020.730.24-0.290.74-0.29-0.770.58-0.03-0.270.370.58-0.450.63-0.290.370.610.64
0.70.690.690.67-0.39-0.640.340.250.660.440.040.64-0.570.040.690.26-0.560.370.69-0.280.060.060.630.630.62
0.940.940.920.91-0.52-0.90.620.30.910.6-0.060.93-0.29-0.161.00.29-0.260.580.69-0.590.65-0.460.760.980.87
-0.61-0.36-0.61-0.660.050.57-0.650.26-0.66-0.190.14-0.750.140.06-0.540.280.1-0.45-0.28-0.59-0.330.12-0.03-0.69-0.33
0.60.630.580.57-0.34-0.670.410.190.580.39-0.240.660.22-0.580.660.150.240.630.060.65-0.33-0.870.470.710.81
-0.27-0.52-0.24-0.230.320.35-0.27-0.24-0.24-0.350.18-0.38-0.610.48-0.48-0.21-0.62-0.290.06-0.460.12-0.87-0.45-0.53-0.63
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Surge Copper Account Relationship Matchups

Surge Copper balance sheet Accounts

201920202021202220232024 (projected)
Total Assets22.1M33.9M47.3M50.4M51.3M53.9M
Total Current Liabilities82.2K431.1K1.6M1.2M850.6K893.1K
Total Stockholder Equity21.7M32.0M41.5M44.7M46.4M48.7M
Property Plant And Equipment Net22.0M30.4M39.0M47.4M51.1M53.7M
Net Debt38.8K(3.2M)(7.7M)(2.7M)(2.4M)(2.3M)
Retained Earnings(18.6M)(24.4M)(29.2M)(31.4M)(33.1M)(31.4M)
Accounts Payable13.8K114.8K140.2K71.7K208.8K219.2K
Cash35.0K3.3M7.8M2.8M84.7K80.4K
Non Current Assets Total22.0M30.4M39.0M47.4M51.1M53.7M
Cash And Short Term Investments35.0K3.3M7.8M2.8M3.2M3.4M
Net Receivables1.7K137.5K344.9K39.6K45.6K43.3K
Common Stock Shares Outstanding59.3M91.0M158.9M173.4M224.4M235.7M
Liabilities And Stockholders Equity22.1M33.9M47.3M50.4M57.9M60.8M
Total Liab330.4K1.9M5.7M5.7M4.9M5.2M
Total Current Assets55.3K3.5M8.3M3.0M190.8K181.3K
Non Current Liabilities Total248.2K1.5M4.2M4.4M4.1M4.3M
Other Current Liab19.8K276.5K1.4M911.6K314.1K316.7K
Other Liab282K223K1.5M4.1M4.7M4.9M
Net Tangible Assets21.8M21.7M32.0M41.5M47.8M28.4M
Common Stock35.6M48.2M60.1M63.9M73.4M47.7M
Property Plant Equipment22.0M22.0M30.4M39.0M44.9M28.0M
Net Invested Capital21.7M32.0M41.5M44.7M46.4M36.2M
Net Working Capital(26.8K)3.1M6.7M1.7M(659.7K)(626.7K)
Capital Stock35.6M48.2M60.1M63.9M66.5M56.8M

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Additional Tools for Surge Stock Analysis

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