Altair Historical Balance Sheet

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Trend analysis of Altair Resources balance sheet accounts such as Total Current Liabilities of 2.6 M, Accounts Payable of 1.3 M or Cash of 543 provides information on Altair Resources' total assets, liabilities, and equity, which is the actual value of Altair Resources to its prevalent stockholders. By breaking down trends over time using Altair Resources 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.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Altair Resources 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 Altair Resources is a good buy for the upcoming year.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altair Resources. 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 Altair Balance Sheet Analysis

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

Altair Resources Balance Sheet Chart

At this time, Altair Resources' Total Current Liabilities is fairly stable compared to the past year. Accounts Payable is likely to climb to about 1.3 M in 2024, despite the fact that Total Stockholder Equity is likely to grow to (2.3 M).

Total Assets Total Current Liabilities Accounts Payable Other Assets

Total Assets

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

Accounts Payable

An accounting item on the balance sheet that represents Altair Resources 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 Altair Resources 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 Altair Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Altair Resources 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 Altair Resources. 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.

	2021	2022	2023	2024 (projected)
Total Current Liabilities	1.7M	2.0M	2.4M	2.6M
Total Assets	60.6K	10.0K	7.7K	7.3K

Total Current Liabilities Total Assets

Altair Resources balance sheet Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Other Current Liab	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Net Debt	Property Plant And Equipment Gross	Short Long Term Debt	Other Liab
Total Assets		-0.61	0.92	0.95	0.71	-0.63	0.81	0.72	-0.32	-0.59	-0.64	0.78	-0.59	0.82	0.61	0.72	0.72	-0.61	0.72	0.65	-0.52	-0.22	0.32	0.32	0.32	0.32
Total Current Liabilities	-0.61		-0.86	-0.79	-0.92	0.98	-0.4	-0.54	-0.32	0.79	0.99	-0.41	0.84	-0.72	-0.72	-0.86	-0.86	0.86	-0.95	-0.99	0.88	0.26	-0.69	-0.69	-0.69	-0.69
Total Stockholder Equity	0.92	-0.86		0.99	0.9	-0.86	0.7	0.72	-0.02	-0.77	-0.89	0.68	-0.8	0.88	0.75	0.89	0.89	-0.81	0.92	0.88	-0.75	-0.26	0.51	0.51	0.51	0.51
Net Tangible Assets	0.95	-0.79	0.99		0.88	-0.82	0.71	0.74	-0.06	-0.77	-0.83	0.69	-0.78	0.89	0.76	0.89	0.89	-0.77	0.89	0.82	-0.66	-0.31	0.38	0.38	0.38	0.38
Retained Earnings	0.71	-0.92	0.9	0.88		-0.92	0.41	0.74	0.26	-0.93	-0.94	0.4	-0.93	0.81	0.9	0.96	0.96	-0.83	0.93	0.89	-0.75	-0.3	0.51	0.51	0.51	0.51
Accounts Payable	-0.63	0.98	-0.86	-0.82	-0.92		-0.44	-0.51	-0.37	0.79	0.97	-0.45	0.85	-0.76	-0.76	-0.9	-0.9	0.85	-0.96	-0.98	0.83	0.32	-0.6	-0.6	-0.6	-0.6
Cash	0.81	-0.4	0.7	0.71	0.41	-0.44		0.21	-0.15	-0.23	-0.42	0.99	-0.29	0.64	0.41	0.51	0.51	-0.43	0.53	0.5	-0.39	-0.14	0.25	0.25	0.25	0.25
Other Assets	0.72	-0.54	0.72	0.74	0.74	-0.51	0.21		-0.34	-0.78	-0.56	0.16	-0.68	0.62	0.64	0.61	0.61	-0.45	0.54	0.49	-0.37	-0.16	0.22	0.22	0.22	0.22
Net Receivables	-0.32	-0.32	-0.02	-0.06	0.26	-0.37	-0.15	-0.34		-0.28	-0.33	-0.11	-0.36	0.07	0.39	0.37	0.37	-0.28	0.33	0.31	-0.22	-0.11	0.1	0.1	0.1	0.1
Other Stockholder Equity	-0.59	0.79	-0.77	-0.77	-0.93	0.79	-0.23	-0.78	-0.28		0.82	-0.2	0.97	-0.68	-0.92	-0.88	-0.88	0.74	-0.8	-0.75	0.63	0.26	-0.29	-0.29	-0.29	-0.29
Total Liab	-0.64	0.99	-0.89	-0.83	-0.94	0.97	-0.42	-0.56	-0.33	0.82		-0.42	0.86	-0.76	-0.76	-0.9	-0.9	0.87	-0.98	-0.98	0.87	0.24	-0.67	-0.67	-0.67	-0.67
Total Current Assets	0.78	-0.41	0.68	0.69	0.4	-0.45	0.99	0.16	-0.11	-0.2	-0.42		-0.28	0.66	0.4	0.51	0.51	-0.42	0.54	0.51	-0.39	-0.06	0.28	0.28	0.28	0.28
Common Stock	-0.59	0.84	-0.8	-0.78	-0.93	0.85	-0.29	-0.68	-0.36	0.97	0.86	-0.28		-0.73	-0.91	-0.91	-0.91	0.86	-0.86	-0.82	0.75	0.32	-0.31	-0.31	-0.31	-0.31
Property Plant Equipment	0.82	-0.72	0.88	0.89	0.81	-0.76	0.64	0.62	0.07	-0.68	-0.76	0.66	-0.73		0.75	0.85	0.85	-0.7	0.83	0.74	-0.6	-0.26	0.36	0.36	0.36	0.36
Other Current Liab	0.61	-0.72	0.75	0.76	0.9	-0.76	0.41	0.64	0.39	-0.92	-0.76	0.4	-0.91	0.75		0.92	0.92	-0.67	0.78	0.7	-0.53	-0.25	0.26	0.26	0.26	0.26
Non Current Assets Total	0.72	-0.86	0.89	0.89	0.96	-0.9	0.51	0.61	0.37	-0.88	-0.9	0.51	-0.91	0.85	0.92		1.0	-0.8	0.95	0.86	-0.68	-0.3	0.41	0.41	0.41	0.41
Non Currrent Assets Other	0.72	-0.86	0.89	0.89	0.96	-0.9	0.51	0.61	0.37	-0.88	-0.9	0.51	-0.91	0.85	0.92	1.0		-0.8	0.95	0.86	-0.68	-0.3	0.41	0.41	0.41	0.41
Common Stock Shares Outstanding	-0.61	0.86	-0.81	-0.77	-0.83	0.85	-0.43	-0.45	-0.28	0.74	0.87	-0.42	0.86	-0.7	-0.67	-0.8	-0.8		-0.89	-0.88	0.93	0.42	-0.41	-0.41	-0.41	-0.41
Net Invested Capital	0.72	-0.95	0.92	0.89	0.93	-0.96	0.53	0.54	0.33	-0.8	-0.98	0.54	-0.86	0.83	0.78	0.95	0.95	-0.89		0.96	-0.83	-0.28	0.57	0.57	0.57	0.57
Net Working Capital	0.65	-0.99	0.88	0.82	0.89	-0.98	0.5	0.49	0.31	-0.75	-0.98	0.51	-0.82	0.74	0.7	0.86	0.86	-0.88	0.96		-0.9	-0.26	0.66	0.66	0.66	0.66
Capital Stock	-0.52	0.88	-0.75	-0.66	-0.75	0.83	-0.39	-0.37	-0.22	0.63	0.87	-0.39	0.75	-0.6	-0.53	-0.68	-0.68	0.93	-0.83	-0.9		0.27	-0.65	-0.65	-0.65	-0.65
Property Plant And Equipment Net	-0.22	0.26	-0.26	-0.31	-0.3	0.32	-0.14	-0.16	-0.11	0.26	0.24	-0.06	0.32	-0.26	-0.25	-0.3	-0.3	0.42	-0.28	-0.26	0.27		0.1	0.1	0.1	0.1
Net Debt	0.32	-0.69	0.51	0.38	0.51	-0.6	0.25	0.22	0.1	-0.29	-0.67	0.28	-0.31	0.36	0.26	0.41	0.41	-0.41	0.57	0.66	-0.65	0.1		1.0	1.0	1.0
Property Plant And Equipment Gross	0.32	-0.69	0.51	0.38	0.51	-0.6	0.25	0.22	0.1	-0.29	-0.67	0.28	-0.31	0.36	0.26	0.41	0.41	-0.41	0.57	0.66	-0.65	0.1	1.0		1.0	1.0
Short Long Term Debt	0.32	-0.69	0.51	0.38	0.51	-0.6	0.25	0.22	0.1	-0.29	-0.67	0.28	-0.31	0.36	0.26	0.41	0.41	-0.41	0.57	0.66	-0.65	0.1	1.0	1.0		1.0
Other Liab	0.32	-0.69	0.51	0.38	0.51	-0.6	0.25	0.22	0.1	-0.29	-0.67	0.28	-0.31	0.36	0.26	0.41	0.41	-0.41	0.57	0.66	-0.65	0.1	1.0	1.0	1.0

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Altair Resources Account Relationship Matchups

Altair Resources balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.3K	40.7K	60.6K	10.0K	7.7K	7.3K
Total Current Liabilities	1.2M	730.8K	1.7M	2.0M	2.4M	2.6M
Total Stockholder Equity	(1.2M)	(1.2M)	(1.7M)	(2.0M)	(2.4M)	(2.3M)
Net Tangible Assets	(642.3K)	(1.2M)	(1.2M)	(1.7M)	(1.5M)	(1.4M)
Retained Earnings	(20.4M)	(20.7M)	(23.8M)	(24.4M)	(24.8M)	(26.0M)
Accounts Payable	736.3K	1.0M	456.8K	1.1M	1.3M	1.3M
Cash	906.0	21.8K	14.4K	5.0K	572.0	543.4
Net Receivables	2.7K	9.4K	8.1K	7.0K	6.3K	10.3K
Other Stockholder Equity	3.9M	3.6M	3.6M	3.9M	4.5M	3.3M
Total Liab	1.2M	1.3M	1.7M	2.0M	2.4M	2.6M
Total Current Assets	10.3K	40.7K	55.6K	10.0K	7.7K	7.3K
Common Stock	15.2M	15.5M	15.8M	18.2M	20.9M	14.5M
Property Plant Equipment	582.2K	1.0	2.0	5.0K	4.5K	4.3K
Common Stock Shares Outstanding	19.7M	30.3M	54.2M	57.3M	65.9M	34.7M
Net Invested Capital	(1.2M)	(1.2M)	(1.7M)	(2.0M)	(2.4M)	(2.3M)
Net Working Capital	(1.2M)	(690.1K)	(1.7M)	(2.0M)	(2.4M)	(2.3M)
Capital Stock	15.5M	15.8M	18.2M	18.5M	21.3M	18.7M

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