Eastern Historical Balance Sheet
ELR Stock | CAD 0.18 0.01 5.88% |
Trend analysis of Eastern Platinum Limited balance sheet accounts such as Total Stockholder Equity of 83.7 M or Property Plant And Equipment Net of 95.7 M provides information on Eastern Platinum's total assets, liabilities, and equity, which is the actual value of Eastern Platinum to its prevalent stockholders. By breaking down trends over time using Eastern Platinum 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.
Financial Statement Analysis is much more than just reviewing and examining Eastern Platinum 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 Eastern Platinum is a good buy for the upcoming year.
Eastern Platinum Inventory |
|
Eastern |
About Eastern Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Eastern Platinum at a specified time, usually calculated after every quarter, six months, or one year. Eastern Platinum Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Eastern Platinum 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 Eastern currently owns. An asset can also be divided into two categories, current and non-current.
Eastern Platinum Balance Sheet Chart
Add Fundamental
Total Assets
Total assets refers to the total amount of Eastern Platinum 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 Eastern Platinum 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 Eastern Platinum balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Eastern Platinum Limited 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.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.Most accounts from Eastern Platinum's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Eastern Platinum 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Platinum Limited. 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, Eastern Platinum's Total Current Assets are very stable compared to the past year. As of the 27th of November 2024, Other Current Liabilities is likely to grow to about 55.6 M, while Total Assets are likely to drop about 152.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 16.4M | 75.9M | 69.0M | 72.5M | Total Assets | 162.8M | 155.6M | 160.8M | 152.7M |
Eastern Platinum balance sheet Correlations
Click cells to compare fundamentals
Eastern Platinum Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eastern Platinum balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 164.8M | 163.0M | 162.8M | 155.6M | 160.8M | 152.7M | |
Total Current Liabilities | 11.7M | 11.9M | 16.4M | 75.9M | 69.0M | 72.5M | |
Total Stockholder Equity | 138.2M | 125.6M | 122.5M | 71.9M | 88.1M | 83.7M | |
Property Plant And Equipment Net | 135.4M | 136.6M | 124.2M | 112.2M | 100.8M | 95.7M | |
Net Debt | (1.9M) | 2.8M | 1.5M | 2.7M | (16.7M) | (17.5M) | |
Retained Earnings | (800.0M) | (808.0M) | (808.8M) | (852.2M) | (836.8M) | (794.9M) | |
Accounts Payable | 9.1M | 7.5M | 10.1M | 5.2M | 5.7M | 7.2M | |
Cash | 2.0M | 1.8M | 2.2M | 2.4M | 18.1M | 19.2M | |
Non Current Assets Total | 146.0M | 147.0M | 131.8M | 119.2M | 107.2M | 101.9M | |
Non Currrent Assets Other | 10.6M | 10.4M | 7.5M | 7.0M | 6.5M | 6.8M | |
Cash And Short Term Investments | 2.0M | 1.8M | 6.1M | 2.4M | 21.3M | 20.3M | |
Net Receivables | 15.8M | 12.6M | 21.4M | 22.6M | 27.7M | 29.0M | |
Common Stock Shares Outstanding | 92.8M | 96.7M | 135.4M | 137.8M | 179.0M | 188.0M | |
Liabilities And Stockholders Equity | 164.8M | 163.0M | 162.8M | 155.6M | 160.8M | 152.7M | |
Non Current Liabilities Total | 59.7M | 69.8M | 66.0M | 8.2M | 4.1M | 3.9M | |
Other Stockholder Equity | 297K | 1.1M | 1.2M | 980K | 1.1M | 1.0M | |
Total Liab | 71.3M | 81.7M | 82.4M | 84.2M | 73.1M | 59.6M | |
Property Plant And Equipment Gross | 135.4M | 136.6M | 693.0M | 651.2M | 532.0M | 385.3M | |
Total Current Assets | 18.8M | 16.0M | 31.0M | 36.4M | 53.5M | 83.5M | |
Accumulated Other Comprehensive Income | (292.2M) | (299.3M) | (310.7M) | (317.8M) | (322.2M) | (306.1M) | |
Other Current Liab | 2.5M | 3.1M | 487K | 48.8M | 52.9M | 55.6M | |
Other Current Assets | (492K) | 2.8M | 2.6M | 1.7M | 2.1M | 0.0 | |
Inventory | 1.1M | 1.6M | 1.8M | 11.3M | 4.5M | 3.9M | |
Short Term Investments | 17.2M | 1.4M | 0.0 | 3.9M | 3.2M | 3.1M | |
Short Term Debt | 18K | 1.3M | 1.4M | 4.7M | 1.4M | 1.3M | |
Other Assets | 8.8M | 10.6M | 10.4M | 7.5M | 8.7M | 7.1M | |
Short Long Term Debt Total | 63K | 4.6M | 3.7M | 5.1M | 1.5M | 1.4M | |
Current Deferred Revenue | 2.5M | 3.1M | 4.4M | 17.3M | 9.0M | 5.4M | |
Other Liab | 17.5M | 17.3M | 15.9M | 13.9M | 12.5M | 12.0M | |
Net Tangible Assets | 134.3M | 138.2M | 125.6M | 122.5M | 110.2M | 141.6M | |
Property Plant Equipment | 133.7M | 135.4M | 136.6M | 124.2M | 111.8M | 103.4M | |
Capital Surpluse | 410K | 501K | 1.3M | 1.2M | 1.4M | 831.4K | |
Cash And Equivalents | 3.1M | 1.7M | 936K | 1.1M | 1.0M | 969.6K | |
Net Invested Capital | 138.2M | 125.6M | 122.5M | 74.8M | 89.0M | 98.8M | |
Net Working Capital | 7.2M | 4.1M | 14.6M | (39.5M) | (15.5M) | (14.7M) |
Pair Trading with Eastern Platinum
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 Eastern Platinum 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 Eastern Platinum will appreciate offsetting losses from the drop in the long position's value.Moving together with Eastern Stock
The ability to find closely correlated positions to Eastern Platinum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eastern Platinum 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 Eastern Platinum - 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 Eastern Platinum Limited to buy it.
The correlation of Eastern Platinum 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 Eastern Platinum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eastern Platinum 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 Eastern Platinum 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.Other Information on Investing in Eastern Stock
Balance Sheet is a snapshot of the financial position of Eastern Platinum at a specified time, usually calculated after every quarter, six months, or one year. Eastern Platinum Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Eastern Platinum 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 Eastern currently owns. An asset can also be divided into two categories, current and non-current.