Griffin Historical Balance Sheet
GFM Stock | 146.00 2.00 1.35% |
Trend analysis of Griffin Mining balance sheet accounts such as Total Current Liabilities of 34.9 M or Total Stockholder Equity of 325.7 M provides information on Griffin Mining's total assets, liabilities, and equity, which is the actual value of Griffin Mining to its prevalent stockholders. By breaking down trends over time using Griffin Mining 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 Griffin Mining 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 Griffin Mining is a good buy for the upcoming year.
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About Griffin Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Griffin Mining at a specified time, usually calculated after every quarter, six months, or one year. Griffin Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Griffin Mining 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 Griffin currently owns. An asset can also be divided into two categories, current and non-current.
Griffin Mining Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Griffin Mining 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 Griffin Mining 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 Griffin Mining balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Griffin Mining 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.Most accounts from Griffin Mining's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Griffin Mining 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 Griffin Mining. 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 economic analysis. At present, Griffin Mining's Net Receivables is projected to increase significantly based on the last few years of reporting. The current year's Property Plant Equipment is expected to grow to about 332.4 M, whereas Other Current Liabilities is forecasted to decline to about 10.1 M.
2022 | 2023 | 2024 | 2025 (projected) | Other Current Liabilities | 27.9M | 17.4M | 20.0M | 10.1M | Total Assets | 305.6M | 321.2M | 369.4M | 194.0M |
Griffin Mining balance sheet Correlations
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Griffin Mining balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 295.5M | 320.5M | 305.6M | 321.2M | 369.4M | 194.0M | |
Other Current Liab | 23.4M | 18.5M | 27.9M | 17.4M | 20.0M | 10.1M | |
Total Current Liabilities | 42.7M | 40.9M | 47.8M | 43.9M | 50.4M | 34.9M | |
Total Stockholder Equity | 233.7M | 262.6M | 245.5M | 269.8M | 310.2M | 325.7M | |
Cash | 16.4M | 38.2M | 34.1M | 60.0M | 69.0M | 40.6M | |
Net Receivables | 4.5M | (428K) | (349K) | 2.9M | 3.3M | 3.5M | |
Other Current Assets | 2.2M | 2.2M | 3.4M | 2.9M | 3.3M | 2.5M | |
Total Liab | 61.8M | 58.0M | 60.1M | 51.5M | 59.2M | 40.9M | |
Intangible Assets | 325K | 387K | 407K | 575K | 517.5K | 491.6K | |
Property Plant Equipment | 213.1M | 228.3M | 266.7M | 275.3M | 316.6M | 332.4M | |
Other Liab | 4.7M | 4.9M | 19.0M | 16.3M | 18.7M | 19.6M | |
Property Plant And Equipment Net | 266.7M | 275.3M | 258.0M | 250.9M | 288.6M | 178.9M | |
Net Debt | (16.1M) | (37.2M) | (33.3M) | (59.3M) | (68.2M) | (64.8M) | |
Retained Earnings | 176.6M | 202.1M | 202.1M | 213.8M | 245.9M | 258.2M | |
Accounts Payable | 13.8M | 19.4M | 17.0M | 20.9M | 24.1M | 25.3M | |
Non Current Assets Total | 267.0M | 275.7M | 258.4M | 252.5M | 290.4M | 181.3M | |
Non Currrent Assets Other | (267.0M) | (275.7M) | (258.4M) | 979K | 881.1K | 925.2K | |
Cash And Short Term Investments | 16.4M | 38.2M | 34.1M | 60.0M | 54.0M | 36.2M | |
Common Stock Shares Outstanding | 182.6M | 188.4M | 187.3M | 191.0M | 171.9M | 150.3M | |
Liabilities And Stockholders Equity | 295.5M | 320.5M | 305.6M | 321.2M | 369.4M | 241.3M | |
Non Current Liabilities Total | 19.0M | 17.1M | 12.4M | 7.6M | 8.7M | 8.0M | |
Inventory | 5.3M | 4.9M | 8.4M | 5.8M | 6.7M | 6.1M | |
Other Stockholder Equity | 74.1M | 74.3M | 74.4M | 24.3M | 21.9M | 20.8M | |
Property Plant And Equipment Gross | 267.0M | 385.3M | 378.5M | 395.7M | 455.0M | 477.8M | |
Total Current Assets | 28.4M | 44.8M | 45.6M | 68.7M | 61.8M | 43.6M | |
Accumulated Other Comprehensive Income | (15.9M) | (12.6M) | (29.8M) | (29.7M) | (26.7M) | (28.1M) | |
Short Term Debt | 2.1M | 383K | 177K | 169K | 152.1K | 144.5K | |
Short Long Term Debt Total | 383K | 971K | 852K | 739K | 665.1K | 631.8K | |
Current Deferred Revenue | (2.1M) | (383K) | (177K) | (169K) | (194.4K) | (204.1K) | |
Net Tangible Assets | 209.2M | 214.6M | 233.4M | 262.2M | 301.5M | 205.4M | |
Capital Lease Obligations | 383K | 971K | 852K | 739K | 665.1K | 631.8K | |
Net Invested Capital | 233.7M | 262.6M | 245.5M | 269.8M | 310.2M | 256.0M | |
Net Working Capital | (14.3M) | 3.9M | (2.1M) | 24.9M | 28.6M | 30.0M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Griffin Stock
Balance Sheet is a snapshot of the financial position of Griffin Mining at a specified time, usually calculated after every quarter, six months, or one year. Griffin Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Griffin Mining 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 Griffin currently owns. An asset can also be divided into two categories, current and non-current.