Hercules Historical Balance Sheet
BIG Stock | CAD 0.61 0.01 1.61% |
Trend analysis of Hercules Metals Corp balance sheet accounts such as Total Current Liabilities of 271.4 K, Total Stockholder Equity of 26.6 M or Accounts Payable of 156.2 K provides information on Hercules Metals' total assets, liabilities, and equity, which is the actual value of Hercules Metals Corp to its prevalent stockholders. By breaking down trends over time using Hercules Metals 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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About Hercules Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Hercules Metals Corp at a specified time, usually calculated after every quarter, six months, or one year. Hercules Metals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hercules Metals 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 Hercules currently owns. An asset can also be divided into two categories, current and non-current.
Hercules Metals Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Hercules Metals 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 Hercules Metals 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 Hercules Metals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Hercules Metals 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.Accounts Payable
An accounting item on the balance sheet that represents Hercules Metals 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 Hercules Metals Corp 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 Hercules Metals' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Hercules Metals 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Hercules Metals 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, Hercules Metals' Total Assets are fairly stable compared to the past year. Total Stockholder Equity is likely to climb to about 26.6 M in 2024, despite the fact that Retained Earnings are likely to grow to (21.4 M).
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 133.8K | 517.2K | 504.9K | 271.4K | Total Assets | 1.9M | 2.0M | 25.8M | 27.1M |
Hercules Metals balance sheet Correlations
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Additional Tools for Hercules Stock Analysis
When running Hercules Metals' price analysis, check to measure Hercules Metals' 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 Hercules Metals is operating at the current time. Most of Hercules Metals' value examination focuses on studying past and present price action to predict the probability of Hercules Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hercules Metals' price. Additionally, you may evaluate how the addition of Hercules Metals to your portfolios can decrease your overall portfolio volatility.