Burcon Historical Balance Sheet

BU Stock  CAD 0.10  0.02  16.67%   
Trend analysis of Burcon NutraScience balance sheet accounts such as Other Current Liab of 234.8 K, Total Current Liabilities of 859.2 K or Total Stockholder Equity of 9.1 M provides information on Burcon NutraScience's total assets, liabilities, and equity, which is the actual value of Burcon NutraScience to its prevalent stockholders. By breaking down trends over time using Burcon NutraScience 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 Burcon NutraScience 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 Burcon NutraScience is a good buy for the upcoming year.

Burcon NutraScience Inventory

61,038.26

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

About Burcon Balance Sheet Analysis

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

Burcon NutraScience Balance Sheet Chart

At this time, Burcon NutraScience's Other Current Assets are very stable compared to the past year. As of the 3rd of December 2024, Total Liabilities is likely to grow to about 8.1 M, while Total Assets are likely to drop about 10.9 M.

Total Assets

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

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Burcon NutraScience balance sheet. This account contains Burcon NutraScience investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Burcon NutraScience fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most accounts from Burcon NutraScience's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Burcon NutraScience 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 Burcon NutraScience. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Burcon NutraScience's Other Current Assets are very stable compared to the past year. As of the 3rd of December 2024, Total Liabilities is likely to grow to about 8.1 M, while Total Assets are likely to drop about 10.9 M.
 2021 2022 2023 2024 (projected)
Non Current Assets Total21.7M8.0M7.7M5.4M
Cash7.0M1.5M4.2M4.8M

Burcon NutraScience balance sheet Correlations

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-0.130.41-0.180.080.020.01-0.260.220.09-0.3-0.04-0.150.060.170.09-0.1-0.21-0.230.45-0.22-0.16-0.040.310.460.33
0.070.41-0.020.09-0.260.060.07-0.20.040.120.30.00.20.290.050.25-0.120.280.0-0.07-0.090.04-0.280.370.26
0.97-0.18-0.02-0.85-0.240.870.95-0.880.870.570.460.470.070.00.870.530.480.75-0.070.390.320.06-0.15-0.47-0.43
-0.780.080.09-0.85-0.19-0.8-0.690.85-0.82-0.38-0.18-0.020.30.35-0.81-0.16-0.15-0.620.00.10.17-0.410.010.280.04
-0.370.02-0.26-0.24-0.19-0.27-0.420.03-0.21-0.58-0.86-0.92-0.69-0.75-0.24-0.91-0.68-0.56-0.18-0.77-0.640.520.670.330.39
0.920.010.060.87-0.8-0.270.8-0.790.980.630.510.410.120.280.980.510.310.780.070.220.150.01-0.21-0.39-0.25
0.97-0.260.070.95-0.69-0.420.8-0.850.760.690.630.610.160.150.770.70.610.79-0.060.550.490.03-0.32-0.47-0.51
-0.860.22-0.2-0.880.850.03-0.79-0.85-0.74-0.55-0.35-0.160.120.12-0.74-0.36-0.16-0.710.06-0.09-0.05-0.330.230.220.12
0.90.090.040.87-0.82-0.210.980.76-0.740.540.440.370.090.221.00.440.30.720.010.180.10.02-0.09-0.41-0.26
0.67-0.30.120.57-0.38-0.580.630.69-0.550.540.750.55-0.030.380.550.750.490.770.150.370.220.15-0.69-0.4-0.27
0.6-0.040.30.46-0.18-0.860.510.63-0.350.440.750.790.420.540.470.970.710.790.190.560.4-0.11-0.77-0.36-0.24
0.56-0.150.00.47-0.02-0.920.410.61-0.160.370.550.790.690.620.390.890.810.580.090.910.79-0.59-0.49-0.5-0.63
0.150.060.20.070.3-0.690.120.160.120.09-0.030.420.690.680.110.490.360.230.030.650.62-0.87-0.29-0.21-0.36
0.20.170.290.00.35-0.750.280.150.120.220.380.540.620.680.250.570.260.260.10.490.48-0.62-0.35-0.15-0.29
0.910.090.050.87-0.81-0.240.980.77-0.741.00.550.470.390.110.250.470.320.740.010.20.120.01-0.12-0.41-0.27
0.65-0.10.250.53-0.16-0.910.510.7-0.360.440.750.970.890.490.570.470.790.770.150.730.59-0.23-0.7-0.42-0.42
0.53-0.21-0.120.48-0.15-0.680.310.61-0.160.30.490.710.810.360.260.320.790.53-0.010.810.66-0.25-0.38-0.58-0.72
0.82-0.230.280.75-0.62-0.560.780.79-0.710.720.770.790.580.230.260.740.770.530.010.380.190.03-0.65-0.38-0.23
-0.040.450.0-0.070.0-0.180.07-0.060.060.010.150.190.090.030.10.010.15-0.010.010.00.00.0-0.30.230.32
0.44-0.22-0.070.390.1-0.770.220.55-0.090.180.370.560.910.650.490.20.730.810.380.00.95-0.64-0.27-0.4-0.78
0.37-0.16-0.090.320.17-0.640.150.49-0.050.10.220.40.790.620.480.120.590.660.190.00.95-0.63-0.09-0.29-0.76
0.03-0.040.040.06-0.410.520.010.03-0.330.020.15-0.11-0.59-0.87-0.620.01-0.23-0.250.030.0-0.64-0.630.00.160.45
-0.260.31-0.28-0.150.010.67-0.21-0.320.23-0.09-0.69-0.77-0.49-0.29-0.35-0.12-0.7-0.38-0.65-0.3-0.27-0.090.00.27-0.04
-0.480.460.37-0.470.280.33-0.39-0.470.22-0.41-0.4-0.36-0.5-0.21-0.15-0.41-0.42-0.58-0.380.23-0.4-0.290.160.270.63
-0.440.330.26-0.430.040.39-0.25-0.510.12-0.26-0.27-0.24-0.63-0.36-0.29-0.27-0.42-0.72-0.230.32-0.78-0.760.45-0.040.63
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Burcon NutraScience Account Relationship Matchups

Burcon NutraScience balance sheet Accounts

201920202021202220232024 (projected)
Total Assets31.3M37.7M29.3M9.9M12.9M10.9M
Other Current Liab249.3K28.5K522.034.7K250K234.8K
Total Current Liabilities1.6M1.4M1.0M625.4K1.4M859.2K
Total Stockholder Equity22.9M36.3M28.2M4.1M5.2M9.1M
Net Debt(8.3M)(13.9M)(6.9M)3.7M2.5M2.6M
Retained Earnings(98.4M)(99.0M)(109.2M)(134.6M)(142.0M)(134.9M)
Cash15.0M14.0M7.0M1.5M4.2M4.8M
Non Current Assets Total15.5M23.1M21.7M8.0M7.7M5.4M
Non Currrent Assets Other(13.9M)(18.7M)(15.5M)5.4M4.8M5.1M
Cash And Short Term Investments15.0M14.0M7.0M1.5M4.2M5.2M
Net Receivables332.2K338.7K200.3K332.1K134.6K111.3K
Common Stock Shares Outstanding78.9M102.9M108.6M108.7M121.4M127.5M
Liabilities And Stockholders Equity31.3M37.7M29.3M9.9M12.9M10.9M
Other Current Assets289.3K154.8K414.3K75.9K787.2K826.5K
Total Liab8.3M1.5M1.1M5.8M7.8M8.1M
Total Current Assets15.8M14.6M7.6M1.9M5.2M5.6M
Property Plant And Equipment Net470.5K1.0M859.4K983.9K1.1M647.2K
Accounts Payable1.1M1.4M906.1K590.9K843.4K573.6K
Other Stockholder Equity9.0M21.1M15.9M16.8M17.3M17.5M
Property Plant And Equipment Gross470.5K4.9M5.1M5.4M6.2M6.5M
Accumulated Other Comprehensive Income(3.6M)(3.9M)12.1K7.4M7.8M8.2M
Short Term Debt(275.6K)28.4K13.9K34.4K260.8K247.8K
Current Deferred Revenue275.6K(28.5K)122.7K(34.7K)(31.2K)(29.7K)
Non Current Liabilities Total6.7M5.3K58.7K5.1M6.4M6.7M
Inventory132.1K132.5K0.068.3K78.6K61.0K
Net Tangible Assets21.7M35.0M27.0M2.9M3.3M3.1M
Property Plant Equipment470.5K1.0M859.4K983.9K1.1M684.2K
Capital Surpluse9.0M14.1M15.9M16.9M19.4M11.8M
Short Long Term Debt Total6.7M33.7K73.1K5.2M6.7M4.0M
Long Term Debt1.9M0.06.7M5.1M5.9M6.2M
Long Term Debt Total6.7M5.3K58.7K5.1M5.9M6.2M
Cash And Equivalents15.0M14.0M7.0M1.5M1.7M1.6M

Pair Trading with Burcon NutraScience

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Burcon NutraScience position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Burcon NutraScience will appreciate offsetting losses from the drop in the long position's value.

Moving against Burcon Stock

  0.57FFH Fairfax FinancialPairCorr
  0.51GS GOLDMAN SACHS CDRPairCorr
  0.41FFH-PD Fairfax FinancialPairCorr
  0.4FFH-PM Fairfax FinancialPairCorr
The ability to find closely correlated positions to Burcon NutraScience could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Burcon NutraScience when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Burcon NutraScience - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Burcon NutraScience to buy it.
The correlation of Burcon NutraScience is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Burcon NutraScience moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Burcon NutraScience moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Burcon NutraScience can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Burcon Stock

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