New Historical Balance Sheet

GBR Stock

USD 1.18 0.05 4.42%

Trend analysis of New Concept Energy balance sheet accounts such as Other Current Liabilities of 33.3 K or Total Current Liabilities of 64.1 K provides information on New Concept's total assets, liabilities, and equity, which is the actual value of New Concept Energy to its prevalent stockholders. By breaking down trends over time using New Concept 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.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining New Concept Energy 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 New Concept Energy is a good buy for the upcoming year.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in New Concept Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

About New Balance Sheet Analysis

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

New Concept Balance Sheet Chart

At this time, New Concept's Non Currrent Assets Other are relatively stable compared to the past year. As of 01/31/2025, Common Stock Shares Outstanding is likely to grow to about 6.2 M, while Short and Long Term Debt Total is likely to drop slightly above 148.8 K.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities

Add Fundamental

Total Assets

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

Most accounts from New Concept's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into New Concept Energy 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in New Concept Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

	2024	2025 (projected)
Short and Long Term Debt Total	156.6K	148.8K
Total Assets	4.2M	4.0M

Short Long Term Debt Total Total Assets

New Concept balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Gross	Common Stock	Common Stock Total Equity	Other Liab	Preferred Stock Total Equity	Property Plant Equipment
Total Assets		0.97	0.89	0.86	0.79	0.51	0.94	0.85	0.18	0.57	0.84	0.47	0.57	0.22	-0.79	0.92	-0.16	-0.8	0.96	0.52	0.55	-0.83	0.08	0.77	0.75	0.77
Short Long Term Debt Total	0.97		0.88	0.87	0.74	0.48	0.96	0.86	0.19	0.6	0.84	0.52	0.6	0.19	-0.76	0.9	-0.23	-0.81	0.95	0.47	0.53	-0.84	0.04	0.77	0.75	0.78
Other Current Liab	0.89	0.88		0.92	0.68	0.19	0.77	0.92	-0.02	0.77	0.62	0.62	0.77	0.44	-0.59	0.75	-0.14	-0.87	0.87	0.67	0.24	-0.9	0.29	0.87	0.86	0.86
Total Current Liabilities	0.86	0.87	0.92		0.53	0.06	0.82	0.96	0.13	0.56	0.54	0.7	0.56	0.52	-0.61	0.73	-0.1	-0.94	0.89	0.72	0.11	-0.97	0.37	0.95	0.95	0.97
Total Stockholder Equity	0.79	0.74	0.68	0.53		0.48	0.68	0.6	-0.14	0.52	0.7	0.33	0.52	0.19	-0.42	0.57	-0.25	-0.5	0.59	0.34	0.51	-0.5	0.11	0.48	0.46	0.47
Property Plant And Equipment Net	0.51	0.48	0.19	0.06	0.48		0.53	0.05	0.5	0.17	0.83	-0.27	0.17	-0.69	-0.66	0.64	-0.23	0.0	0.45	-0.38	1.0	0.0	-0.73	-0.14	-0.17	-0.13
Net Debt	0.94	0.96	0.77	0.82	0.68	0.53		0.8	0.32	0.36	0.83	0.44	0.36	0.14	-0.77	0.91	-0.24	-0.77	0.94	0.42	0.56	-0.79	0.0	0.72	0.69	0.73
Retained Earnings	0.85	0.86	0.92	0.96	0.6	0.05	0.8		-0.05	0.57	0.56	0.77	0.57	0.55	-0.55	0.7	-0.13	-0.94	0.85	0.69	0.1	-0.98	0.39	0.97	0.96	0.96
Accounts Payable	0.18	0.19	-0.02	0.13	-0.14	0.5	0.32	-0.05		-0.23	0.38	-0.2	-0.23	-0.45	-0.42	0.37	-0.08	0.01	0.3	-0.26	0.5	-0.01	-0.47	-0.1	-0.11	-0.04
Cash	0.57	0.6	0.77	0.56	0.52	0.17	0.36	0.57	-0.23		0.44	0.43	1.0	0.17	-0.41	0.45	-0.05	-0.48	0.52	0.35	0.2	-0.52	0.08	0.48	0.49	0.48
Non Current Assets Total	0.84	0.84	0.62	0.54	0.7	0.83	0.83	0.56	0.38	0.44		0.29	0.44	-0.29	-0.78	0.86	-0.33	-0.47	0.79	-0.03	0.86	-0.49	-0.42	0.38	0.35	0.38
Non Currrent Assets Other	0.47	0.52	0.62	0.7	0.33	-0.27	0.44	0.77	-0.2	0.43	0.29		0.43	0.57	-0.11	0.29	-0.26	-0.69	0.47	0.41	-0.23	-0.7	0.38	0.75	0.76	0.76
Cash And Short Term Investments	0.57	0.6	0.77	0.56	0.52	0.17	0.36	0.57	-0.23	1.0	0.44	0.43		0.17	-0.41	0.45	-0.05	-0.48	0.52	0.35	0.2	-0.52	0.08	0.48	0.49	0.48
Net Receivables	0.22	0.19	0.44	0.52	0.19	-0.69	0.14	0.55	-0.45	0.17	-0.29	0.57	0.17		0.19	0.0	0.15	-0.56	0.21	0.87	-0.66	-0.58	0.96	0.7	0.72	0.68
Common Stock Shares Outstanding	-0.79	-0.76	-0.59	-0.61	-0.42	-0.66	-0.77	-0.55	-0.42	-0.41	-0.78	-0.11	-0.41	0.19		-0.9	-0.1	0.54	-0.84	-0.21	-0.69	0.59	0.28	-0.46	-0.44	-0.47
Non Current Liabilities Total	0.92	0.9	0.75	0.73	0.57	0.64	0.91	0.7	0.37	0.45	0.86	0.29	0.45	0.0	-0.9		-0.1	-0.68	0.96	0.35	0.67	-0.72	-0.13	0.62	0.59	0.61
Other Current Assets	-0.16	-0.23	-0.14	-0.1	-0.25	-0.23	-0.24	-0.13	-0.08	-0.05	-0.33	-0.26	-0.05	0.15	-0.1	-0.1		0.11	-0.1	0.22	-0.24	0.05	0.2	-0.03	-0.02	-0.04
Other Stockholder Equity	-0.8	-0.81	-0.87	-0.94	-0.5	0.0	-0.77	-0.94	0.01	-0.48	-0.47	-0.69	-0.48	-0.56	0.54	-0.68	0.11		-0.83	-0.74	-0.05	0.97	-0.4	-0.96	-0.95	-0.95
Total Liab	0.96	0.95	0.87	0.89	0.59	0.45	0.94	0.85	0.3	0.52	0.79	0.47	0.52	0.21	-0.84	0.96	-0.1	-0.83		0.52	0.49	-0.87	0.06	0.79	0.77	0.8
Total Current Assets	0.52	0.47	0.67	0.72	0.34	-0.38	0.42	0.69	-0.26	0.35	-0.03	0.41	0.35	0.87	-0.21	0.35	0.22	-0.74	0.52		-0.34	-0.76	0.81	0.82	0.82	0.8
Property Plant And Equipment Gross	0.55	0.53	0.24	0.11	0.51	1.0	0.56	0.1	0.5	0.2	0.86	-0.23	0.2	-0.66	-0.69	0.67	-0.24	-0.05	0.49	-0.34		-0.05	-0.7	-0.09	-0.12	-0.08
Common Stock	-0.83	-0.84	-0.9	-0.97	-0.5	0.0	-0.79	-0.98	-0.01	-0.52	-0.49	-0.7	-0.52	-0.58	0.59	-0.72	0.05	0.97	-0.87	-0.76	-0.05		-0.43	-0.98	-0.98	-0.98
Common Stock Total Equity	0.08	0.04	0.29	0.37	0.11	-0.73	0.0	0.39	-0.47	0.08	-0.42	0.38	0.08	0.96	0.28	-0.13	0.2	-0.4	0.06	0.81	-0.7	-0.43		0.56	0.58	0.54
Other Liab	0.77	0.77	0.87	0.95	0.48	-0.14	0.72	0.97	-0.1	0.48	0.38	0.75	0.48	0.7	-0.46	0.62	-0.03	-0.96	0.79	0.82	-0.09	-0.98	0.56		1.0	0.99
Preferred Stock Total Equity	0.75	0.75	0.86	0.95	0.46	-0.17	0.69	0.96	-0.11	0.49	0.35	0.76	0.49	0.72	-0.44	0.59	-0.02	-0.95	0.77	0.82	-0.12	-0.98	0.58	1.0		0.99
Property Plant Equipment	0.77	0.78	0.86	0.97	0.47	-0.13	0.73	0.96	-0.04	0.48	0.38	0.76	0.48	0.68	-0.47	0.61	-0.04	-0.95	0.8	0.8	-0.08	-0.98	0.54	0.99	0.99

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New Concept Account Relationship Matchups

New Concept balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	4.6M	4.5M	4.6M	4.6M	4.2M	4.0M
Total Current Liabilities	164K	60K	63K	75K	67.5K	64.1K
Total Stockholder Equity	4.3M	4.4M	4.6M	4.6M	4.1M	3.9M
Property Plant And Equipment Net	656K	643K	631K	629K	566.1K	537.8K
Net Debt	147K	(252K)	(436K)	(447K)	(402.3K)	(382.2K)
Retained Earnings	(59.3M)	(59.2M)	(59.1M)	(59.1M)	(53.2M)	(55.8M)
Accounts Payable	80K	28K	23K	36K	32.4K	30.8K
Cash	27K	252K	436K	447K	402.3K	382.2K
Non Current Assets Total	809K	643K	631K	4.2M	3.8M	3.6M
Non Currrent Assets Other	153K	(643K)	(631K)	3.5M	3.2M	4.7M
Cash And Short Term Investments	27K	252K	436K	447K	402.3K	382.2K
Net Receivables	4.1M	3.7M	3.6M	3.5M	3.2M	2.5M
Liabilities And Stockholders Equity	4.6M	4.5M	4.6M	4.6M	4.2M	4.0M
Non Current Liabilities Total	122K	28K	23K	75K	67.5K	64.1K
Other Current Assets	92K	3.6M	30K	12K	10.8K	10.3K
Total Liab	286K	60K	63K	75K	67.5K	64.1K
Total Current Assets	3.8M	3.8M	4.0M	459K	413.1K	392.4K
Property Plant And Equipment Gross	3.1M	1.4M	773K	784K	705.6K	670.3K
Property Plant Equipment	668K	656K	643K	631K	567.9K	539.5K
Net Tangible Assets	2.4M	4.3M	4.4M	4.6M	5.3M	3.2M
Cash And Equivalents	22K	27K	252K	436K	501.4K	256.1K
Net Invested Capital	4.5M	4.4M	4.6M	4.6M	5.2M	4.2M

Pair Trading with New Concept

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 New Concept 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 New Concept will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to New Concept could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Concept 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 New Concept - 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 New Concept Energy to buy it.

The correlation of New Concept 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 New Concept moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Concept Energy 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 New Concept 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 Correlation Correlation Matching

Additional Tools for New Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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New Historical Balance Sheet

About New Balance Sheet Analysis

New Concept Balance Sheet Chart

Total Assets

Total Current Liabilities

New Concept balance sheet Correlations

New Concept Account Relationship Matchups

High Positive Relationship

High Negative Relationship

New Concept balance sheet Accounts

Pair Trading with New Concept

Additional Tools for New Stock Analysis

COMMON DESTINATIONS

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Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Preferred Stock Total Equity	+ 1.0	Other Liab
Property Plant Equipment	+ 0.99	Other Liab
Property Plant Equipment	+ 0.99	Preferred Stock Total Equity
Short Long Term Debt Total	+ 0.97	Total Assets

Property Plant Equipment	- 0.98	Common Stock
Preferred Stock Total Equity	- 0.98	Common Stock
Other Liab	- 0.98	Common Stock
Common Stock	- 0.98	Retained Earnings
Common Stock	- 0.97	Total Current Liabilities
Other Liab	- 0.96	Other Stockholder Equity