Wealth Historical Balance Sheet

WML Stock  CAD 0.06  0.01  8.33%   
Trend analysis of Wealth Minerals balance sheet accounts such as Total Assets of 66.8 M, Other Current Liab of 458.2 K, Total Current Liabilities of 1.5 M or Total Stockholder Equity of 65.8 M provides information on Wealth Minerals' total assets, liabilities, and equity, which is the actual value of Wealth Minerals to its prevalent stockholders. By breaking down trends over time using Wealth Minerals 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 Wealth Minerals 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 Wealth Minerals is a good buy for the upcoming year.

Wealth Minerals Inventory

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wealth Minerals. 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 Wealth Balance Sheet Analysis

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

Wealth Minerals Balance Sheet Chart

At this time, Wealth Minerals' Total Liabilities is fairly stable compared to the past year. Total Current Assets is likely to climb to about 7 M in 2024, despite the fact that Net Debt is likely to grow to (4 M).

Total Assets

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

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.

Accounts Payable

An accounting item on the balance sheet that represents Wealth Minerals 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 Wealth Minerals 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.

Liabilities And Stockholders Equity

The total of all liabilities and equity in the company, which should equal the company's total assets according to the accounting equation.
Most accounts from Wealth Minerals' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Wealth Minerals 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wealth Minerals. 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, Wealth Minerals' Total Liabilities is fairly stable compared to the past year. Total Current Assets is likely to climb to about 7 M in 2024, despite the fact that Net Debt is likely to grow to (4 M).
 2021 2022 2023 2024 (projected)
Other Current Liabilities202.6K774.4K890.6K458.2K
Total Assets55.4M55.3M63.6M66.8M

Wealth Minerals balance sheet Correlations

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-0.30.18-0.3-0.350.130.17-0.18-0.13-0.32-0.1-0.110.39-0.09-0.030.39-0.04-0.09-0.13-0.18-0.33-0.33-0.37-0.32-0.25-0.39
-0.160.18-0.23-0.10.72-0.060.68-0.48-0.130.45-0.470.1-0.21-0.10.150.64-0.44-0.060.020.50.5-0.170.5-0.11-0.06
1.0-0.3-0.230.98-0.69-0.90.390.810.99-0.150.820.270.94-0.110.430.020.840.77-0.61-0.25-0.250.99-0.250.920.9
0.99-0.35-0.10.98-0.57-0.910.510.711.0-0.030.710.230.87-0.090.440.140.740.78-0.54-0.08-0.080.99-0.090.920.94
-0.660.130.72-0.69-0.570.520.18-0.94-0.620.33-0.93-0.25-0.72-0.18-0.240.26-0.91-0.480.40.710.71-0.630.72-0.59-0.49
-0.920.17-0.06-0.9-0.910.52-0.55-0.69-0.920.14-0.69-0.4-0.87-0.05-0.49-0.31-0.72-0.710.50.180.18-0.90.19-0.93-0.89
0.45-0.180.680.390.510.18-0.550.050.480.530.060.20.32-0.120.180.560.10.41-0.150.350.350.450.340.510.57
0.8-0.13-0.480.810.71-0.94-0.690.050.76-0.31.00.340.880.130.34-0.090.990.6-0.6-0.68-0.680.75-0.680.710.59
1.0-0.32-0.130.991.0-0.62-0.920.480.76-0.10.760.270.91-0.070.450.130.790.78-0.57-0.17-0.170.99-0.170.930.93
-0.12-0.10.45-0.15-0.030.330.140.53-0.3-0.1-0.31-0.35-0.31-0.15-0.10.17-0.30.020.150.520.52-0.070.52-0.160.04
0.8-0.11-0.470.820.71-0.93-0.690.061.00.76-0.310.350.890.10.34-0.11.00.62-0.63-0.69-0.690.75-0.690.710.59
0.290.390.10.270.23-0.25-0.40.20.340.27-0.350.350.40.170.190.240.370.08-0.25-0.36-0.360.23-0.370.330.2
0.93-0.09-0.210.940.87-0.72-0.870.320.880.91-0.310.890.4-0.090.440.010.910.74-0.72-0.49-0.490.88-0.50.860.74
-0.06-0.03-0.1-0.11-0.09-0.18-0.05-0.120.13-0.07-0.150.10.17-0.090.00.630.09-0.030.15-0.27-0.27-0.05-0.27-0.02-0.03
0.450.390.150.430.44-0.24-0.490.180.340.45-0.10.340.190.440.00.250.360.41-0.32-0.16-0.160.43-0.150.450.41
0.11-0.040.640.020.140.26-0.310.56-0.090.130.17-0.10.240.010.630.25-0.070.150.040.160.160.110.150.160.19
0.83-0.09-0.440.840.74-0.91-0.720.10.990.79-0.31.00.370.910.090.36-0.070.67-0.65-0.67-0.670.78-0.680.740.61
0.78-0.13-0.060.770.78-0.48-0.710.410.60.780.020.620.080.74-0.030.410.150.67-0.59-0.25-0.250.77-0.250.70.69
-0.59-0.180.02-0.61-0.540.40.5-0.15-0.6-0.570.15-0.63-0.25-0.720.15-0.320.04-0.65-0.590.370.37-0.540.38-0.39-0.29
-0.22-0.330.5-0.25-0.080.710.180.35-0.68-0.170.52-0.69-0.36-0.49-0.27-0.160.16-0.67-0.250.371.0-0.121.0-0.190.05
-0.22-0.330.5-0.25-0.080.710.180.35-0.68-0.170.52-0.69-0.36-0.49-0.27-0.160.16-0.67-0.250.371.0-0.121.0-0.190.05
0.99-0.37-0.170.990.99-0.63-0.90.450.750.99-0.070.750.230.88-0.050.430.110.780.77-0.54-0.12-0.12-0.120.920.94
-0.23-0.320.5-0.25-0.090.720.190.34-0.68-0.170.52-0.69-0.37-0.5-0.27-0.150.15-0.68-0.250.381.01.0-0.12-0.20.04
0.93-0.25-0.110.920.92-0.59-0.930.510.710.93-0.160.710.330.86-0.020.450.160.740.7-0.39-0.19-0.190.92-0.20.95
0.91-0.39-0.060.90.94-0.49-0.890.570.590.930.040.590.20.74-0.030.410.190.610.69-0.290.050.050.940.040.95
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Wealth Minerals Account Relationship Matchups

Wealth Minerals balance sheet Accounts

201920202021202220232024 (projected)
Total Assets37.6M51.4M55.4M55.3M63.6M66.8M
Total Current Liabilities5.0M1.2M680.8K801.6K921.8K1.5M
Total Stockholder Equity32.6M43.6M53.4M54.5M62.6M65.8M
Property Plant And Equipment Net35.0M41.2M43.1M43.1M49.5M52.0M
Net Debt3.3M(3.8M)(5.2M)(4.7M)(4.2M)(4.0M)
Retained Earnings(124.1M)(133.5M)(138.1M)(148.6M)(133.7M)(127.0M)
Accounts Payable984.5K584.7K438.2K602.5K692.8K441.4K
Cash87.9K4.3M5.3M4.7M5.4M5.7M
Non Current Assets Total37.3M46.4M49.8M49.5M56.9M59.8M
Non Currrent Assets Other137.5K41.4M25.1K92.4K106.3K100.9K
Cash And Short Term Investments87.9K4.3M5.3M5.1M5.8M6.1M
Net Receivables189.5K175.8K216.3K209.7K188.7K156.6K
Common Stock Shares Outstanding152.6M207.3M270.1M318.6M366.4M384.7M
Liabilities And Stockholders Equity37.6M51.4M55.4M55.3M63.6M66.8M
Other Stockholder Equity16.4M19.0M19.1M21.0M24.1M21.1M
Total Liab5.0M7.8M2.1M863.6K993.1K1.9M
Total Current Assets336.3K4.9M5.6M5.8M6.7M7.0M
Accumulated Other Comprehensive Income19.1M21.0M24.0M26.6M30.6M32.2M
Other Current Assets58.9K511.4K132.0K539.4K620.4K651.4K
Short Long Term Debt Total3.4M443.4K40K27.1K24.4K23.2K
Short Term Debt3.4M443.4K40K27.1K24.4K23.2K
Net Tangible Assets41.1M35.3M32.6M43.6M50.1M52.6M
Common Stock137.6M156.1M167.5M176.4M202.9M119.0M
Property Plant Equipment40.1M41.4M35.0M41.2M47.4M24.5M
Net Invested Capital36.0M44.0M53.4M54.5M62.7M47.5M
Net Working Capital(4.7M)3.7M4.9M5.0M5.8M6.1M
Capital Stock137.6M156.1M167.5M176.4M202.9M165.0M

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