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.
 
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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.

Griffin Mining Inventory

6.1 Million

  
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.

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

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.

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 Liabilities27.9M17.4M20.0M10.1M
Total Assets305.6M321.2M369.4M194.0M

Griffin Mining balance sheet Correlations

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0.760.59-0.040.490.330.160.03-0.88-0.680.920.850.74-0.580.980.820.740.00.650.4-0.81-0.190.320.05-0.40.93
0.390.06-0.20.490.010.07-0.21-0.42-0.370.210.290.1-0.740.380.30.110.32-0.150.99-0.42-0.09-0.16-0.01-0.210.34
0.190.110.130.330.010.160.13-0.29-0.190.390.480.25-0.050.320.360.250.390.35-0.08-0.41-0.40.08-0.11-0.530.36
0.480.370.770.160.070.160.72-0.22-0.660.36-0.070.420.350.10.160.43-0.180.550.01-0.04-0.010.210.490.210.16
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-0.75-0.48-0.49-0.68-0.37-0.19-0.66-0.510.77-0.73-0.34-0.670.09-0.58-0.48-0.680.32-0.69-0.30.430.11-0.38-0.36-0.19-0.52
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0.610.59-0.140.850.290.48-0.07-0.03-0.74-0.340.810.66-0.520.880.80.660.050.510.21-0.69-0.190.45-0.05-0.520.9
0.940.790.410.740.10.250.420.5-0.79-0.670.880.66-0.030.760.691.0-0.410.840.0-0.330.20.640.28-0.050.74
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0.740.64-0.080.980.380.320.1-0.01-0.85-0.580.920.880.76-0.550.830.76-0.010.670.29-0.79-0.150.320.01-0.450.95
0.650.510.240.820.30.360.160.3-0.68-0.480.880.80.69-0.280.830.690.020.680.19-0.69-0.330.450.27-0.530.92
0.950.790.420.740.110.250.430.5-0.79-0.680.880.661.0-0.040.760.69-0.40.840.01-0.340.20.640.29-0.050.74
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0.710.570.560.65-0.150.350.550.6-0.62-0.690.880.510.840.210.670.680.84-0.25-0.26-0.45-0.150.540.37-0.180.71
0.30.0-0.250.40.99-0.080.01-0.26-0.35-0.30.10.210.0-0.740.290.190.010.3-0.26-0.3-0.01-0.2-0.05-0.130.24
-0.33-0.260.19-0.81-0.42-0.41-0.040.180.550.43-0.69-0.69-0.330.6-0.79-0.69-0.34-0.37-0.45-0.30.620.010.060.63-0.77
0.220.38-0.08-0.19-0.09-0.4-0.01-0.060.030.11-0.2-0.190.20.04-0.15-0.330.2-0.47-0.15-0.010.62-0.01-0.210.47-0.27
0.550.430.50.32-0.160.080.210.64-0.45-0.380.540.450.640.310.320.450.64-0.60.54-0.20.01-0.010.490.220.4
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-0.010.070.27-0.4-0.21-0.530.210.290.1-0.19-0.33-0.52-0.050.4-0.45-0.53-0.05-0.79-0.18-0.130.630.470.220.18-0.55
0.710.560.070.930.340.360.160.14-0.78-0.520.930.90.74-0.430.950.920.740.090.710.24-0.77-0.270.40.14-0.55
Click cells to compare fundamentals

Griffin Mining Account Relationship Matchups

Griffin Mining balance sheet Accounts

202020212022202320242025 (projected)
Total Assets295.5M320.5M305.6M321.2M369.4M194.0M
Other Current Liab23.4M18.5M27.9M17.4M20.0M10.1M
Total Current Liabilities42.7M40.9M47.8M43.9M50.4M34.9M
Total Stockholder Equity233.7M262.6M245.5M269.8M310.2M325.7M
Cash16.4M38.2M34.1M60.0M69.0M40.6M
Net Receivables4.5M(428K)(349K)2.9M3.3M3.5M
Other Current Assets2.2M2.2M3.4M2.9M3.3M2.5M
Total Liab61.8M58.0M60.1M51.5M59.2M40.9M
Intangible Assets325K387K407K575K517.5K491.6K
Property Plant Equipment213.1M228.3M266.7M275.3M316.6M332.4M
Other Liab4.7M4.9M19.0M16.3M18.7M19.6M
Property Plant And Equipment Net266.7M275.3M258.0M250.9M288.6M178.9M
Net Debt(16.1M)(37.2M)(33.3M)(59.3M)(68.2M)(64.8M)
Retained Earnings176.6M202.1M202.1M213.8M245.9M258.2M
Accounts Payable13.8M19.4M17.0M20.9M24.1M25.3M
Non Current Assets Total267.0M275.7M258.4M252.5M290.4M181.3M
Non Currrent Assets Other(267.0M)(275.7M)(258.4M)979K881.1K925.2K
Cash And Short Term Investments16.4M38.2M34.1M60.0M54.0M36.2M
Common Stock Shares Outstanding182.6M188.4M187.3M191.0M171.9M150.3M
Liabilities And Stockholders Equity295.5M320.5M305.6M321.2M369.4M241.3M
Non Current Liabilities Total19.0M17.1M12.4M7.6M8.7M8.0M
Inventory5.3M4.9M8.4M5.8M6.7M6.1M
Other Stockholder Equity74.1M74.3M74.4M24.3M21.9M20.8M
Property Plant And Equipment Gross267.0M385.3M378.5M395.7M455.0M477.8M
Total Current Assets28.4M44.8M45.6M68.7M61.8M43.6M
Accumulated Other Comprehensive Income(15.9M)(12.6M)(29.8M)(29.7M)(26.7M)(28.1M)
Short Term Debt2.1M383K177K169K152.1K144.5K
Short Long Term Debt Total383K971K852K739K665.1K631.8K
Current Deferred Revenue(2.1M)(383K)(177K)(169K)(194.4K)(204.1K)
Net Tangible Assets209.2M214.6M233.4M262.2M301.5M205.4M
Capital Lease Obligations383K971K852K739K665.1K631.8K
Net Invested Capital233.7M262.6M245.5M269.8M310.2M256.0M
Net Working Capital(14.3M)3.9M(2.1M)24.9M28.6M30.0M

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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.