Gold Historical Balance Sheet

GOR Stock

1.86 0.05 2.62%

Trend analysis of Gold Road Resources balance sheet accounts such as Accounts Payable of 16.6 M or Net Receivables of 5.3 M provides information on Gold Road's total assets, liabilities, and equity, which is the actual value of Gold Road Resources to its prevalent stockholders. By breaking down trends over time using Gold Road 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

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Gold Road Resources 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 Gold Road Resources is a good buy for the upcoming year.

Gold Road Inventory

46.04 Million

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gold Road Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Gold Balance Sheet Analysis

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

Gold Road Balance Sheet Chart

At this time, Gold Road's Cash is comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 1 B in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 126.2 M in 2024.

Total Assets Total Current Liabilities Accounts Payable Net Receivables

Add Fundamental

Total Assets

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

Accounts Payable

An accounting item on the balance sheet that represents Gold Road 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 Gold Road Resources 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 Gold Road's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Gold Road Resources 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 Gold Road Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Total Current Liabilities	54.1M	60.3M	85.1M	89.4M
Total Assets	652.4M	1.1B	1.2B	1.2B

Total Current Liabilities Total Assets

Gold Road balance sheet Correlations

	Total Assets	Total Current Liabilities	Accounts Payable	Net Receivables	Total Liab	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Other Current Liab	Non Current Liabilities Total	Other Current Assets	Short Term Debt	Other Assets	Other Liab	Long Term Investments
Total Assets		0.88	0.94	0.07	0.88	0.99	0.88	0.2	0.96	0.58	0.98	0.58	0.79	0.74	0.97	0.62	0.96	0.92	0.36	0.53	0.84	0.0	0.02	0.2	0.7	0.84
Total Current Liabilities	0.88		0.85	-0.09	0.95	0.81	0.9	0.39	0.82	0.49	0.88	0.49	0.69	0.64	0.89	0.47	0.77	0.92	0.53	0.73	0.94	-0.16	0.4	0.35	0.74	0.65
Accounts Payable	0.94	0.85		0.09	0.84	0.93	0.84	0.01	0.95	0.74	0.89	0.74	0.79	0.76	0.96	0.71	0.88	0.86	0.36	0.58	0.86	-0.02	0.09	0.07	0.75	0.71
Net Receivables	0.07	-0.09	0.09		-0.13	0.14	-0.1	-0.58	0.23	0.49	-0.1	0.49	0.29	0.31	-0.06	0.72	0.1	-0.1	0.04	0.01	-0.13	0.99	-0.12	-0.13	0.03	-0.09
Total Liab	0.88	0.95	0.84	-0.13		0.79	0.98	0.5	0.82	0.41	0.9	0.41	0.7	0.7	0.91	0.41	0.75	0.98	0.47	0.8	0.94	-0.19	0.43	0.48	0.86	0.58
Total Stockholder Equity	0.99	0.81	0.93	0.14	0.79		0.8	0.08	0.96	0.61	0.95	0.61	0.78	0.71	0.93	0.66	0.97	0.85	0.3	0.41	0.76	0.06	-0.13	0.1	0.6	0.88
Property Plant And Equipment Net	0.88	0.9	0.84	-0.1	0.98	0.8		0.45	0.83	0.45	0.89	0.45	0.76	0.75	0.92	0.44	0.76	1.0	0.45	0.76	0.88	-0.15	0.37	0.5	0.89	0.56
Net Debt	0.2	0.39	0.01	-0.58	0.5	0.08	0.45		0.04	-0.57	0.36	-0.57	-0.1	-0.03	0.22	-0.52	0.08	0.44	0.19	0.41	0.39	-0.51	0.44	0.63	0.31	0.19
Retained Earnings	0.96	0.82	0.95	0.23	0.82	0.96	0.83	0.04		0.68	0.91	0.68	0.76	0.72	0.94	0.73	0.88	0.87	0.25	0.48	0.79	0.14	-0.03	0.1	0.72	0.76
Cash	0.58	0.49	0.74	0.49	0.41	0.61	0.45	-0.57	0.68		0.43	1.0	0.79	0.71	0.6	0.93	0.58	0.46	0.32	0.36	0.44	0.37	0.04	-0.1	0.48	0.28
Non Current Assets Total	0.98	0.88	0.89	-0.1	0.9	0.95	0.89	0.36	0.91	0.43		0.43	0.7	0.65	0.95	0.45	0.93	0.93	0.33	0.51	0.85	-0.17	0.02	0.25	0.67	0.87
Cash And Short Term Investments	0.58	0.49	0.74	0.49	0.41	0.61	0.45	-0.57	0.68	1.0	0.43		0.78	0.7	0.6	0.93	0.58	0.46	0.32	0.36	0.44	0.37	0.04	-0.1	0.48	0.28
Common Stock Total Equity	0.79	0.69	0.79	0.29	0.7	0.78	0.76	-0.1	0.76	0.79	0.7	0.78		0.9	0.77	0.77	0.82	0.76	0.56	0.56	0.62	0.22	0.15	0.29	0.66	0.46
Common Stock Shares Outstanding	0.74	0.64	0.76	0.31	0.7	0.71	0.75	-0.03	0.72	0.71	0.65	0.7	0.9		0.73	0.73	0.73	0.73	0.53	0.64	0.62	0.25	0.24	0.37	0.75	0.38
Property Plant And Equipment Gross	0.97	0.89	0.96	-0.06	0.91	0.93	0.92	0.22	0.94	0.6	0.95	0.6	0.77	0.73		0.56	0.89	0.95	0.37	0.58	0.86	-0.15	0.12	0.27	0.77	0.75
Total Current Assets	0.62	0.47	0.71	0.72	0.41	0.66	0.44	-0.52	0.73	0.93	0.45	0.93	0.77	0.73	0.56		0.62	0.45	0.29	0.37	0.44	0.63	-0.01	-0.09	0.49	0.33
Common Stock	0.96	0.77	0.88	0.1	0.75	0.97	0.76	0.08	0.88	0.58	0.93	0.58	0.82	0.73	0.89	0.62		0.8	0.38	0.39	0.71	0.03	-0.14	0.13	0.52	0.88
Property Plant Equipment	0.92	0.92	0.86	-0.1	0.98	0.85	1.0	0.44	0.87	0.46	0.93	0.46	0.76	0.73	0.95	0.45	0.8		0.43	0.71	0.89	-0.16	0.3	0.44	0.86	0.63
Short Long Term Debt Total	0.36	0.53	0.36	0.04	0.47	0.3	0.45	0.19	0.25	0.32	0.33	0.32	0.56	0.53	0.37	0.29	0.38	0.43		0.56	0.43	0.02	0.48	0.45	0.34	0.12
Other Current Liab	0.53	0.73	0.58	0.01	0.8	0.41	0.76	0.41	0.48	0.36	0.51	0.36	0.56	0.64	0.58	0.37	0.39	0.71	0.56		0.8	-0.03	0.82	0.61	0.81	0.09
Non Current Liabilities Total	0.84	0.94	0.86	-0.13	0.94	0.76	0.88	0.39	0.79	0.44	0.85	0.44	0.62	0.62	0.86	0.44	0.71	0.89	0.43	0.8		-0.2	0.43	0.24	0.83	0.59
Other Current Assets	0.0	-0.16	-0.02	0.99	-0.19	0.06	-0.15	-0.51	0.14	0.37	-0.17	0.37	0.22	0.25	-0.15	0.63	0.03	-0.16	0.02	-0.03	-0.2		-0.12	-0.1	-0.02	-0.14
Short Term Debt	0.02	0.4	0.09	-0.12	0.43	-0.13	0.37	0.44	-0.03	0.04	0.02	0.04	0.15	0.24	0.12	-0.01	-0.14	0.3	0.48	0.82	0.43	-0.12		0.64	0.49	-0.37
Other Assets	0.2	0.35	0.07	-0.13	0.48	0.1	0.5	0.63	0.1	-0.1	0.25	-0.1	0.29	0.37	0.27	-0.09	0.13	0.44	0.45	0.61	0.24	-0.1	0.64		0.37	-0.07
Other Liab	0.7	0.74	0.75	0.03	0.86	0.6	0.89	0.31	0.72	0.48	0.67	0.48	0.66	0.75	0.77	0.49	0.52	0.86	0.34	0.81	0.83	-0.02	0.49	0.37		0.26
Long Term Investments	0.84	0.65	0.71	-0.09	0.58	0.88	0.56	0.19	0.76	0.28	0.87	0.28	0.46	0.38	0.75	0.33	0.88	0.63	0.12	0.09	0.59	-0.14	-0.37	-0.07	0.26

Click cells to compare fundamentals

Gold Road Account Relationship Matchups

Gold Road balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	607.0M	641.9M	652.4M	1.1B	1.2B	1.2B
Total Current Liabilities	97.8M	57.3M	54.1M	60.3M	85.1M	89.4M
Accounts Payable	9.0M	11.5M	13.5M	14.9M	15.8M	16.6M
Net Receivables	1.8M	5.5M	2.1M	3.0M	4.5M	5.3M
Total Liab	270.9M	222.4M	210.9M	232.6M	235.8M	247.6M
Total Stockholder Equity	336.1M	419.5M	441.5M	831.8M	942.4M	989.6M
Property Plant And Equipment Net	456.1M	451.3M	461.7M	444.1M	466.3M	489.6M
Net Debt	99.0M	(10.4M)	(15.9M)	48.1M	(15.2M)	(16.0M)
Retained Earnings	130.1M	211.9M	234.1M	282.9M	385.3M	404.6M
Cash	101.3M	126.4M	131.5M	74.4M	143.8M	151.0M
Non Current Assets Total	484.4M	484.5M	479.8M	927.4M	983.1M	1.0B
Cash And Short Term Investments	101.3M	126.4M	131.5M	74.4M	143.8M	151.0M
Common Stock Shares Outstanding	878.9M	884.0M	886.9M	987.5M	1.1B	661.1M
Liabilities And Stockholders Equity	607.0M	641.9M	652.4M	1.1B	1.2B	1.2B
Property Plant And Equipment Gross	472.9M	468.3M	609.9M	695.3M	793.0M	832.7M
Total Current Assets	122.7M	157.3M	172.6M	137.0M	195.2M	204.9M
Accumulated Other Comprehensive Income	2.1M	3.6M	2.8M	114.8M	117.1M	122.9M
Property Plant Equipment	472.9M	468.3M	479.1M	481.2M	553.4M	581.1M
Short Long Term Debt Total	200.4M	116.0M	115.6M	122.5M	128.6M	126.2M
Other Current Liab	30.7M	21.5M	18.8M	20.0M	5.6M	7.8M
Non Current Liabilities Total	173.1M	165.1M	156.9M	172.3M	150.7M	158.2M
Other Current Assets	1.2M	2.0M	2.2M	2.3M	3.0M	2.9M
Short Term Debt	58.1M	20.3M	22.3M	5.6M	(11.2M)	(10.6M)
Other Assets	11.5M	10.9M	1.5M	711K	4.8M	0.95
Other Liab	30.9M	44.1M	52.0M	27.4M	31.5M	18.8M
Long Term Investments	577K	1.5M	711K	406.8M	465.0M	488.2M
Net Tangible Assets	336.1M	419.5M	441.5M	831.8M	956.6M	1.0B
Inventory	18.3M	23.4M	36.8M	57.3M	43.8M	46.0M
Other Stockholder Equity	2.1M	3.6M	2.8M	114.8M	1.0	0.95
Non Currrent Assets Other	16.8M	17.0M	17.4M	37.1M	51.8M	54.4M
Short Term Investments	82K	874K	834K	358K	269K	255.6K
Long Term Debt Total	142.3M	106.3M	104.9M	110.3M	126.9M	90.3M
Net Invested Capital	414.6M	419.5M	441.5M	831.8M	942.4M	593.9M
Current Deferred Revenue	(67.1M)	7.3M	5.5M	6.6M	25.0M	26.2M
Capital Lease Obligations	121.9M	116.0M	115.6M	122.5M	128.6M	132.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Gold Stock Analysis

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

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC