Grid Historical Balance Sheet

GRDM Stock  CAD 0.04  0.01  12.50%   
Trend analysis of Grid Metals Corp balance sheet accounts such as Total Stockholder Equity of 5.8 M or Property Plant And Equipment Net of 3.9 M provides information on Grid Metals' total assets, liabilities, and equity, which is the actual value of Grid Metals Corp to its prevalent stockholders. By breaking down trends over time using Grid Metals 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 Grid Metals 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 Grid Metals Corp 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 Grid Metals 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 population.

About Grid Balance Sheet Analysis

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

Grid Metals Balance Sheet Chart

At this time, Grid Metals' Total Current Assets are fairly stable compared to the past year. Short Term Investments is likely to climb to about 793.1 K in 2024, whereas Property Plant And Equipment Net is likely to drop slightly above 3.9 M in 2024.

Total Assets

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

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most accounts from Grid Metals' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Grid Metals 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grid Metals 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 population.
At this time, Grid Metals' Total Current Assets are fairly stable compared to the past year. Short Term Investments is likely to climb to about 793.1 K in 2024, whereas Property Plant And Equipment Net is likely to drop slightly above 3.9 M in 2024.
 2021 2022 2023 2024 (projected)
Total Current Liabilities438.4K1.3M4.2M4.5M
Total Assets3.0M12.9M12.8M22.7M

Grid Metals balance sheet Correlations

-0.20.920.920.360.420.48-0.30.91-0.53-0.35-0.22-0.380.56-0.07-0.35-0.32-0.53-0.85-0.20.21-0.350.50.15-0.50.49
-0.2-0.52-0.49-0.75-0.72-0.160.24-0.5-0.190.860.940.88-0.260.960.670.360.750.160.560.550.18-0.6-0.890.72-0.58
0.92-0.520.970.560.610.48-0.310.97-0.41-0.6-0.54-0.640.58-0.41-0.52-0.38-0.74-0.81-0.420.0-0.310.640.52-0.620.63
0.92-0.490.970.670.640.54-0.51.0-0.37-0.66-0.49-0.660.62-0.35-0.65-0.54-0.75-0.81-0.31-0.01-0.330.690.46-0.680.68
0.36-0.750.560.670.840.43-0.790.680.23-0.98-0.7-0.880.47-0.67-0.99-0.79-0.74-0.3-0.25-0.39-0.330.780.64-0.880.79
0.42-0.720.610.640.840.37-0.570.660.44-0.84-0.67-0.920.46-0.64-0.78-0.55-0.5-0.18-0.09-0.3-0.450.830.63-0.870.85
0.48-0.160.480.540.430.37-0.370.54-0.27-0.39-0.25-0.450.90.0-0.4-0.23-0.42-0.610.060.57-0.430.50.24-0.520.56
-0.30.24-0.31-0.5-0.79-0.57-0.37-0.52-0.220.650.130.47-0.360.130.870.90.380.23-0.210.170.28-0.61-0.10.59-0.63
0.91-0.50.971.00.680.660.54-0.52-0.34-0.68-0.5-0.670.62-0.37-0.67-0.55-0.75-0.8-0.3-0.02-0.330.70.47-0.690.69
-0.53-0.19-0.41-0.370.230.44-0.27-0.22-0.34-0.2-0.09-0.25-0.26-0.24-0.21-0.120.350.760.39-0.37-0.110.160.1-0.180.19
-0.350.86-0.6-0.66-0.98-0.84-0.390.65-0.68-0.20.830.94-0.460.790.940.70.80.30.40.450.3-0.76-0.780.87-0.77
-0.220.94-0.54-0.49-0.7-0.67-0.250.13-0.5-0.090.830.87-0.310.940.60.230.790.220.670.460.13-0.54-0.940.7-0.54
-0.380.88-0.64-0.66-0.88-0.92-0.450.47-0.67-0.250.940.87-0.540.820.810.520.720.290.380.330.4-0.81-0.840.89-0.82
0.56-0.260.580.620.470.460.9-0.360.62-0.26-0.46-0.31-0.54-0.13-0.43-0.3-0.52-0.64-0.070.56-0.720.60.32-0.570.63
-0.070.96-0.41-0.35-0.67-0.640.00.13-0.37-0.240.790.940.82-0.130.580.250.70.070.690.620.14-0.55-0.890.63-0.52
-0.350.67-0.52-0.65-0.99-0.78-0.40.87-0.67-0.210.940.60.81-0.430.580.870.70.290.170.40.28-0.73-0.550.82-0.75
-0.320.36-0.38-0.54-0.79-0.55-0.230.9-0.55-0.120.70.230.52-0.30.250.870.470.24-0.040.370.27-0.52-0.210.6-0.52
-0.530.75-0.74-0.75-0.74-0.5-0.420.38-0.750.350.80.790.72-0.520.70.70.470.640.70.230.22-0.59-0.720.66-0.58
-0.850.16-0.81-0.81-0.3-0.18-0.610.23-0.80.760.30.220.29-0.640.070.290.240.640.4-0.340.26-0.5-0.20.37-0.49
-0.20.56-0.42-0.31-0.25-0.090.06-0.21-0.30.390.40.670.38-0.070.690.17-0.040.70.40.34-0.03-0.25-0.630.24-0.19
0.210.550.0-0.01-0.39-0.30.570.17-0.02-0.370.450.460.330.560.620.40.370.23-0.340.34-0.4-0.06-0.410.23-0.03
-0.350.18-0.31-0.33-0.33-0.45-0.430.28-0.33-0.110.30.130.4-0.720.140.280.270.220.26-0.03-0.4-0.53-0.060.54-0.52
0.5-0.60.640.690.780.830.5-0.610.70.16-0.76-0.54-0.810.6-0.55-0.73-0.52-0.59-0.5-0.25-0.06-0.530.53-0.81.0
0.15-0.890.520.460.640.630.24-0.10.470.1-0.78-0.94-0.840.32-0.89-0.55-0.21-0.72-0.2-0.63-0.41-0.060.53-0.550.52
-0.50.72-0.62-0.68-0.88-0.87-0.520.59-0.69-0.180.870.70.89-0.570.630.820.60.660.370.240.230.54-0.8-0.55-0.82
0.49-0.580.630.680.790.850.56-0.630.690.19-0.77-0.54-0.820.63-0.52-0.75-0.52-0.58-0.49-0.19-0.03-0.521.00.52-0.82
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Grid Metals Account Relationship Matchups

Grid Metals balance sheet Accounts

201920202021202220232024 (projected)
Total Assets28.9M32.7M3.0M12.9M12.8M22.7M
Total Current Liabilities186.7K611.3K438.4K1.3M4.2M4.5M
Total Stockholder Equity28.7M31.1M2.5M11.5M6.1M5.8M
Property Plant And Equipment Net27.7M29.5M30.4K83.0K4.1M3.9M
Net Debt(1.1M)(3.0M)(2.8M)(9.3M)(8.4M)(8.0M)
Retained Earnings(28.4M)(29.5M)(61.9M)(60.0M)(69.3M)(65.8M)
Accounts Payable234.9K103.0K49.1K235.2K270.5K312.3K
Cash1.1M3.0M2.9M9.4M2.7M2.8M
Non Current Assets Total27.7M29.5M30.4K83.0K4.1M3.9M
Cash And Short Term Investments1.1M3.1M2.9M12.3M14.1M14.9M
Net Receivables11.2K71.5K47.2K186.4K5.1M5.3M
Common Stock Shares Outstanding42.7M59.4M87.6M124.9M203.9M214.1M
Liabilities And Stockholders Equity28.9M32.7M3.0M12.9M14.8M23.1M
Other Stockholder Equity7.3M8.0M9.1M8.9M10.2M9.7M
Total Liab190.6K1.6M516.4K1.4M6.7M7.0M
Total Current Assets1.2M3.2M3.0M12.8M8.7M9.1M
Short Term Investments49.7K52.8K12.1K2.9M755.4K793.1K
Non Current Liabilities Total3.9K1.0M78.0K64.6K2.5M2.6M
Net Tangible Assets28.9M28.7M2.5M2.5M2.2M2.1M
Common Stock49.7M52.6M55.2M62.6M72.0M57.5M
Property Plant Equipment27.5M27.7M3.7K30.4K27.3K26.0K
Net Invested Capital28.7M31.1M2.5M11.6M6.2M5.9M
Net Working Capital971.2K2.6M2.5M11.5M4.4M4.2M
Capital Stock49.7M52.6M55.2M62.6M66.9M61.7M

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