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.
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.
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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
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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 Liabilities | 402.6M | 271.7M | 479.6M | 503.6M | Total Assets | 4.0B | 3.9B | 4.3B | 4.5B |
Equinox Gold balance sheet Correlations
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Equinox Gold Account Relationship Matchups
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Equinox Gold balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 839.4M | 2.7B | 4.0B | 3.9B | 4.3B | 4.5B | |
Total Current Liabilities | 131.9M | 222.7M | 402.6M | 271.7M | 479.6M | 503.6M | |
Total Stockholder Equity | 403.1M | 1.4B | 2.6B | 2.4B | 2.4B | 2.6B | |
Net Debt | 196.3M | 210.3M | 262.1M | 641.3M | 753.4M | 791.0M | |
Retained Earnings | (130.6M) | (109.9M) | 446.6M | 327.6M | 348.5M | 366.0M | |
Accounts Payable | 45.1M | 99.2M | 109.3M | 122.5M | 112.8M | 118.4M | |
Cash | 67.7M | 344.9M | 305.5M | 200.8M | 192.0M | 201.6M | |
Cash And Short Term Investments | 68.7M | 344.9M | 546.0M | 237.6M | 284.7M | 298.9M | |
Common Stock Shares Outstanding | 112.0M | 218.4M | 333.7M | 304.0M | 316.3M | 332.1M | |
Liabilities And Stockholders Equity | 839.4M | 2.7B | 4.0B | 3.9B | 4.3B | 4.5B | |
Non Current Liabilities Total | 304.4M | 1.0B | 979.5M | 1.2B | 1.4B | 1.5B | |
Other Stockholder Equity | 68.1M | 245.8M | 131.0M | (52.1M) | (12.5M) | (11.9M) | |
Total Liab | 436.3M | 1.2B | 1.4B | 1.5B | 1.9B | 2.0B | |
Total Current Assets | 148.7M | 646.0M | 1.2B | 655.1M | 834.0M | 875.7M | |
Net Receivables | 31.8M | 55.9M | 14.2M | 76.1M | 9.9M | 14.4M | |
Other Current Liab | 3.1M | 86.2M | 262.2M | 149.2M | 182.3M | 191.4M | |
Non Current Assets Total | 690.7M | 2.0B | 2.8B | 3.2B | 3.5B | 3.7B | |
Non Currrent Assets Other | 171.8M | 146.4M | 148.6M | 207.7M | 245.4M | 257.6M | |
Other Assets | 171.8M | 146.4M | 180.9M | 210.0M | (4.3M) | (4.1M) | |
Common Stock Total Equity | 383.3M | 491.1M | 505.7M | 1.5B | 1.7B | 1.8B | |
Other Current Assets | 1.9M | 33.8M | 365.3M | 40.0M | 127.4M | 133.7M | |
Common Stock | 505.7M | 1.5B | 2.0B | 2.0B | 2.1B | 2.2B | |
Property Plant And Equipment Net | 511.7M | 1.9B | 2.5B | 2.8B | 3.2B | 3.4B | |
Property Plant And Equipment Gross | 511.7M | 1.9B | 2.8B | 3.3B | 4.0B | 4.2B | |
Short Long Term Debt Total | 264.9M | 555.2M | 567.6M | 863.5M | 945.4M | 992.6M | |
Accumulated Other Comprehensive Income | 28.0M | 38.8M | 132.0M | (10.5M) | 8.3M | 7.9M | |
Short Term Debt | 61.6M | 13.3M | 26.7M | 21.4M | 138.6M | 145.5M | |
Inventory | 46.3M | 208.3M | 201.6M | 265.1M | 412.0M | 432.6M | |
Property Plant Equipment | 511.7M | 1.9B | 2.5B | 2.8B | 3.3B | 3.4B | |
Other Liab | 101.0M | 460.4M | 463.0M | 381.0M | 438.1M | 460.0M | |
Net Tangible Assets | 403.1M | 1.4B | 2.6B | 2.4B | 2.7B | 2.8B | |
Long Term Debt | 202.5M | 531.9M | 514.0M | 828.0M | 786.4M | 825.7M | |
Short Term Investments | 988K | 3.1M | 240.5M | 36.9M | 92.7M | 46.5M | |
Long Term Debt Total | 203.3M | 531.9M | 514.0M | 842.1M | 968.4M | 1.0B | |
Long Term Investments | 7.2M | 22.3M | 123.9M | 153.1M | 29.3M | 41.1M | |
Short Long Term Debt | 61.6M | 13.3M | 26.7M | 138.6M | 159.4M | 167.4M | |
Non Current Liabilities Other | 1.1M | 33.6M | 50.5M | 13.8M | 40.3M | 42.3M |
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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.