AfriTin Historical Balance Sheet

ATM Stock   2.30  0.15  6.12%   
Trend analysis of AfriTin Mining balance sheet accounts such as Other Current Liab of 961 K, Total Current Liabilities of 6.8 M or Total Stockholder Equity of 451 M provides information on AfriTin Mining's total assets, liabilities, and equity, which is the actual value of AfriTin Mining to its prevalent stockholders. By breaking down trends over time using AfriTin Mining 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 AfriTin Mining 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 AfriTin Mining is a good buy for the upcoming year.

AfriTin Mining Inventory

2.95 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AfriTin Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

About AfriTin Balance Sheet Analysis

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

AfriTin Mining Balance Sheet Chart

At present, AfriTin Mining's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Property Plant And Equipment Net is expected to grow to about 397.3 M, whereas Total Current Liabilities is forecasted to decline to about 6.8 M.

Total Assets

Total assets refers to the total amount of AfriTin Mining 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 AfriTin Mining 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 AfriTin Mining balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of AfriTin Mining 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.
Most accounts from AfriTin Mining's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into AfriTin Mining 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in AfriTin Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, AfriTin Mining's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Property Plant And Equipment Net is expected to grow to about 397.3 M, whereas Total Current Liabilities is forecasted to decline to about 6.8 M.
 2019 2021 2022 2023 (projected)
Other Current Liabilities390.1K676.4K2.0M5.4M
Total Assets22.4M37.1M47.5M66.2M

AfriTin Mining balance sheet Correlations

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0.280.720.250.27-0.34-0.20.430.580.26-0.670.740.580.580.55-0.140.960.580.24-0.570.590.320.370.330.60.29
0.590.720.560.57-0.6-0.450.730.790.57-0.70.710.790.140.67-0.510.770.810.52-0.340.37-0.010.5-0.040.450.48
1.00.250.561.0-0.9-0.970.920.831.0-0.750.680.83-0.470.91-0.890.160.891.0-0.440.17-0.170.18-0.120.280.24
1.00.270.571.0-0.89-0.970.920.841.0-0.760.690.84-0.450.92-0.90.180.891.0-0.450.18-0.160.19-0.10.30.25
-0.9-0.34-0.6-0.9-0.890.77-0.97-0.95-0.90.7-0.65-0.950.36-0.80.78-0.22-0.93-0.850.170.00.110.030.11-0.10.0
-0.96-0.2-0.45-0.97-0.970.77-0.81-0.7-0.970.72-0.65-0.70.47-0.90.87-0.11-0.79-0.990.57-0.250.16-0.240.07-0.36-0.3
0.930.430.730.920.92-0.97-0.810.970.92-0.80.710.97-0.270.87-0.830.350.970.88-0.30.11-0.070.14-0.070.220.14
0.850.580.790.830.84-0.95-0.70.970.83-0.790.771.0-0.130.83-0.70.490.980.78-0.270.16-0.010.15-0.050.260.13
1.00.260.571.01.0-0.9-0.970.920.83-0.750.680.83-0.480.91-0.90.160.890.99-0.430.17-0.180.19-0.120.290.25
-0.75-0.67-0.7-0.75-0.760.70.72-0.8-0.79-0.75-0.81-0.79-0.21-0.930.76-0.59-0.83-0.740.74-0.42-0.37-0.22-0.43-0.44-0.12
0.690.740.710.680.69-0.65-0.650.710.770.68-0.810.770.170.86-0.520.630.810.68-0.620.350.230.240.070.40.17
0.850.580.790.830.84-0.95-0.70.971.00.83-0.790.77-0.130.83-0.70.490.980.78-0.270.16-0.010.15-0.050.260.13
-0.460.580.14-0.47-0.450.360.47-0.27-0.13-0.48-0.210.17-0.13-0.080.410.62-0.15-0.47-0.320.340.770.110.630.22-0.18
0.910.550.670.910.92-0.8-0.90.870.830.91-0.930.860.83-0.08-0.820.450.90.91-0.710.390.170.280.170.460.22
-0.89-0.14-0.51-0.89-0.90.780.87-0.83-0.7-0.90.76-0.52-0.70.41-0.82-0.07-0.74-0.890.43-0.060.120.0-0.08-0.12-0.13
0.190.960.770.160.18-0.22-0.110.350.490.16-0.590.630.490.620.45-0.070.520.14-0.520.60.280.530.270.630.41
0.90.580.810.890.89-0.93-0.790.970.980.89-0.830.810.98-0.150.9-0.740.520.85-0.40.26-0.020.29-0.060.370.25
0.990.240.521.01.0-0.85-0.990.880.780.99-0.740.680.78-0.470.91-0.890.140.85-0.50.2-0.160.21-0.090.320.27
-0.43-0.57-0.34-0.44-0.450.170.57-0.3-0.27-0.430.74-0.62-0.27-0.32-0.710.43-0.52-0.4-0.5-0.66-0.41-0.4-0.52-0.66-0.29
0.170.590.370.170.180.0-0.250.110.160.17-0.420.350.160.340.39-0.060.60.260.2-0.660.320.750.490.960.66
-0.170.32-0.01-0.17-0.160.110.16-0.07-0.01-0.18-0.370.23-0.010.770.170.120.28-0.02-0.16-0.410.32-0.010.80.15-0.41
0.190.370.50.180.190.03-0.240.140.150.19-0.220.240.150.110.280.00.530.290.21-0.40.75-0.01-0.040.840.85
-0.120.33-0.04-0.12-0.10.110.07-0.07-0.05-0.12-0.430.07-0.050.630.17-0.080.27-0.06-0.09-0.520.490.8-0.040.29-0.2
0.290.60.450.280.3-0.1-0.360.220.260.29-0.440.40.260.220.46-0.120.630.370.32-0.660.960.150.840.290.76
0.250.290.480.240.250.0-0.30.140.130.25-0.120.170.13-0.180.22-0.130.410.250.27-0.290.66-0.410.85-0.20.76
Click cells to compare fundamentals

AfriTin Mining Account Relationship Matchups

AfriTin Mining balance sheet Accounts

201920202021202220232024 (projected)
Total Assets9.9M15.1M22.4M37.1M47.5M66.2M
Other Current Liab207.4K113.3K390.1K676.4K2.0M5.4M
Total Current Liabilities516.1K379.5K5.5M4.2M6.8M12.2M
Total Stockholder Equity9.3M14.6M16.6M27.3M35.8M32.6M
Property Plant And Equipment Net538.4K12.8M18.8M24.2M33.9M42.6M
Net Debt(2.9M)(1.8M)2.9M(1.9M)(1.0M)156.9K
Retained Earnings(1.5M)(2.6M)(10.0M)(10.7M)(18.3M)(26.6M)
Accounts Payable308.7K266.2K1.1M2.3M1.6M2.5M
Cash2.9M1.8M1.4M7.4M8.2M14.5M
Non Current Assets Total6.8M12.8M18.9M24.3M34.0M42.7M
Non Currrent Assets Other6.8M(100.3M)(319.9M)(320.4M)(363.8M)(552.1M)
Cash And Short Term Investments2.9M1.8M1.4M7.4M8.2M14.5M
Common Stock Shares Outstanding184.0M465.5M749.1M1.1B1.3B1.6B
Other Stockholder Equity29.8K(122.4K)(267.1M)(637.1K)(2.7M)(14.6K)
Total Liab516.1K454.6K5.9M9.6M11.8M34.1M
Total Current Assets3.0M2.3M3.5M12.8M13.5M23.5M
Common Stock10.9M17.3M25.6M38.7M56.9M59.2M
Common Stock Total Equity10.9M17.3M25.6M20.5M23.6M24.7M
Other Current Assets121.7K475.0K1.2M1.06.1M6.4M

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Other Information on Investing in AfriTin Stock

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