Equinox Historical Balance Sheet

EQX Stock  USD 5.72  0.24  4.38%   
Trend analysis of Equinox Gold Corp balance sheet accounts such as Total Stockholder Equity of 2.6 B or Net Debt of 791 M provides information on Equinox Gold's total assets, liabilities, and equity, which is the actual value of Equinox Gold Corp to its prevalent stockholders. By breaking down trends over time using Equinox Gold 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 Equinox Gold Corp 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 Equinox Gold Corp is a good buy for the upcoming year.

Equinox Gold Inventory

432.61 Million

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinox Gold 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 producer price index.

About Equinox Balance Sheet Analysis

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

Equinox Gold Balance Sheet Chart

At this time, Equinox Gold's Non Current Liabilities Total is fairly stable compared to the past year. Total Liabilities is likely to rise to about 2 B in 2024, despite the fact that Other Stockholder Equity is likely to grow to (11.9 M).

Total Assets

Total assets refers to the total amount of Equinox Gold 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 Equinox Gold 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 Equinox Gold balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Equinox Gold 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 Equinox Gold 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 Equinox Gold 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 Equinox Gold's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Equinox Gold 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinox Gold 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 producer price index.
At this time, Equinox Gold's Non Current Liabilities Total is fairly stable compared to the past year. Total Liabilities is likely to rise to about 2 B in 2024, despite the fact that Other Stockholder Equity is likely to grow to (11.9 M).
 2021 2022 2023 2024 (projected)
Total Current Liabilities402.6M271.7M479.6M503.6M
Total Assets4.0B3.9B4.3B4.5B

Equinox Gold balance sheet Correlations

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Equinox Gold Account Relationship Matchups

Equinox Gold balance sheet Accounts

201920202021202220232024 (projected)
Total Assets839.4M2.7B4.0B3.9B4.3B4.5B
Total Current Liabilities131.9M222.7M402.6M271.7M479.6M503.6M
Total Stockholder Equity403.1M1.4B2.6B2.4B2.4B2.6B
Net Debt196.3M210.3M262.1M641.3M753.4M791.0M
Retained Earnings(130.6M)(109.9M)446.6M327.6M348.5M366.0M
Accounts Payable45.1M99.2M109.3M122.5M112.8M118.4M
Cash67.7M344.9M305.5M200.8M192.0M201.6M
Cash And Short Term Investments68.7M344.9M546.0M237.6M284.7M298.9M
Common Stock Shares Outstanding112.0M218.4M333.7M304.0M316.3M332.1M
Liabilities And Stockholders Equity839.4M2.7B4.0B3.9B4.3B4.5B
Non Current Liabilities Total304.4M1.0B979.5M1.2B1.4B1.5B
Other Stockholder Equity68.1M245.8M131.0M(52.1M)(12.5M)(11.9M)
Total Liab436.3M1.2B1.4B1.5B1.9B2.0B
Total Current Assets148.7M646.0M1.2B655.1M834.0M875.7M
Net Receivables31.8M55.9M14.2M76.1M9.9M14.4M
Other Current Liab3.1M86.2M262.2M149.2M182.3M191.4M
Non Current Assets Total690.7M2.0B2.8B3.2B3.5B3.7B
Non Currrent Assets Other171.8M146.4M148.6M207.7M245.4M257.6M
Other Assets171.8M146.4M180.9M210.0M(4.3M)(4.1M)
Common Stock Total Equity383.3M491.1M505.7M1.5B1.7B1.8B
Other Current Assets1.9M33.8M365.3M40.0M127.4M133.7M
Common Stock505.7M1.5B2.0B2.0B2.1B2.2B
Property Plant And Equipment Net511.7M1.9B2.5B2.8B3.2B3.4B
Property Plant And Equipment Gross511.7M1.9B2.8B3.3B4.0B4.2B
Short Long Term Debt Total264.9M555.2M567.6M863.5M945.4M992.6M
Accumulated Other Comprehensive Income28.0M38.8M132.0M(10.5M)8.3M7.9M
Short Term Debt61.6M13.3M26.7M21.4M138.6M145.5M
Inventory46.3M208.3M201.6M265.1M412.0M432.6M
Property Plant Equipment511.7M1.9B2.5B2.8B3.3B3.4B
Other Liab101.0M460.4M463.0M381.0M438.1M460.0M
Net Tangible Assets403.1M1.4B2.6B2.4B2.7B2.8B
Long Term Debt202.5M531.9M514.0M828.0M786.4M825.7M
Short Term Investments988K3.1M240.5M36.9M92.7M46.5M
Long Term Debt Total203.3M531.9M514.0M842.1M968.4M1.0B
Long Term Investments7.2M22.3M123.9M153.1M29.3M41.1M
Short Long Term Debt61.6M13.3M26.7M138.6M159.4M167.4M
Non Current Liabilities Other1.1M33.6M50.5M13.8M40.3M42.3M

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Additional Tools for Equinox Stock Analysis

When running Equinox Gold's price analysis, check to measure Equinox Gold's 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 Equinox Gold is operating at the current time. Most of Equinox Gold's value examination focuses on studying past and present price action to predict the probability of Equinox Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equinox Gold's price. Additionally, you may evaluate how the addition of Equinox Gold to your portfolios can decrease your overall portfolio volatility.