Gossan Historical Balance Sheet

GSS Stock  CAD 0.01  0.01  25.00%   
Trend analysis of Gossan Resources balance sheet accounts such as Total Stockholder Equity of 711 K or Property Plant And Equipment Net of 820 provides information on Gossan Resources' total assets, liabilities, and equity, which is the actual value of Gossan Resources to its prevalent stockholders. By breaking down trends over time using Gossan Resources 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.

Gossan Resources Inventory

7,477.36

  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gossan 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 Gossan Balance Sheet Analysis

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

Gossan Resources Balance Sheet Chart

At this time, Gossan Resources' Net Invested Capital is fairly stable compared to the past year. Net Working Capital is likely to climb to about 785.8 K in 2024, whereas Total Stockholder Equity is likely to drop slightly above 711 K in 2024.

Total Assets

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

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.

Accounts Payable

An accounting item on the balance sheet that represents Gossan Resources 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 Gossan 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 Gossan Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Gossan 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 Gossan 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.
At this time, Gossan Resources' Net Invested Capital is fairly stable compared to the past year. Net Working Capital is likely to climb to about 785.8 K in 2024, whereas Total Stockholder Equity is likely to drop slightly above 711 K in 2024.
 2021 2022 2023 2024 (projected)
Total Current Liabilities394.9K244.3K195.5K194.6K
Total Assets744.5K324.2K944.0K1.7M

Gossan Resources balance sheet Correlations

-0.310.940.68-0.360.6-0.060.360.380.24-0.190.29-0.290.45-0.290.35-0.51-0.39-0.520.55-0.010.620.520.520.07
-0.31-0.46-0.51-0.36-0.550.790.360.320.050.38-0.31.00.380.69-0.460.380.110.5-0.370.13-0.46-0.04-0.040.2
0.94-0.460.8-0.380.76-0.180.370.390.03-0.420.39-0.460.38-0.410.34-0.66-0.37-0.640.69-0.160.720.340.34-0.07
0.68-0.510.80.030.87-0.29-0.03-0.07-0.19-0.54-0.04-0.52-0.18-0.350.14-0.45-0.16-0.370.35-0.220.43-0.01-0.01-0.16
-0.36-0.36-0.380.03-0.2-0.36-1.0-0.990.340.29-0.58-0.34-0.8-0.170.20.510.270.52-0.620.43-0.50.00.00.3
0.6-0.550.760.87-0.2-0.450.20.18-0.47-0.860.22-0.56-0.11-0.250.17-0.64-0.31-0.650.56-0.510.62-0.2-0.2-0.58
-0.060.79-0.18-0.29-0.36-0.450.350.310.160.46-0.140.790.40.12-0.450.20.040.34-0.050.07-0.250.170.170.37
0.360.360.37-0.03-1.00.20.350.99-0.35-0.290.580.340.80.17-0.21-0.51-0.27-0.520.62-0.430.50.00.0-0.3
0.380.320.39-0.07-0.990.180.310.99-0.29-0.260.630.310.840.16-0.06-0.5-0.27-0.540.65-0.390.520.090.09-0.29
0.240.050.03-0.190.34-0.470.16-0.35-0.290.75-0.180.090.25-0.080.370.33-0.180.36-0.310.82-0.210.790.790.79
-0.190.38-0.42-0.540.29-0.860.46-0.29-0.260.75-0.30.410.150.04-0.010.590.280.64-0.520.71-0.520.520.520.87
0.29-0.30.39-0.04-0.580.22-0.140.580.63-0.18-0.3-0.310.52-0.380.19-0.71-0.37-0.860.82-0.490.820.010.01-0.33
-0.291.0-0.46-0.52-0.34-0.560.790.340.310.090.41-0.310.380.69-0.450.390.110.5-0.380.15-0.470.00.00.22
0.450.380.38-0.18-0.8-0.110.40.80.840.250.150.520.380.140.11-0.33-0.33-0.290.450.090.380.470.470.2
-0.290.69-0.41-0.35-0.17-0.250.120.170.16-0.080.04-0.380.690.14-0.220.350.110.39-0.540.13-0.43-0.22-0.22-0.1
0.35-0.460.340.140.20.17-0.45-0.21-0.060.37-0.010.19-0.450.11-0.22-0.04-0.06-0.230.250.250.180.560.560.09
-0.510.38-0.66-0.450.51-0.640.2-0.51-0.50.330.59-0.710.39-0.330.35-0.040.310.83-0.80.58-0.950.130.130.44
-0.390.11-0.37-0.160.27-0.310.04-0.27-0.27-0.180.28-0.370.11-0.330.11-0.060.310.43-0.330.0-0.4-0.24-0.240.18
-0.520.5-0.64-0.370.52-0.650.34-0.52-0.540.360.64-0.860.5-0.290.39-0.230.830.43-0.880.67-0.930.10.10.59
0.55-0.370.690.35-0.620.56-0.050.620.65-0.31-0.520.82-0.380.45-0.540.25-0.8-0.33-0.88-0.590.860.090.09-0.41
-0.010.13-0.16-0.220.43-0.510.07-0.43-0.390.820.71-0.490.150.090.130.250.580.00.67-0.59-0.550.660.660.83
0.62-0.460.720.43-0.50.62-0.250.50.52-0.21-0.520.82-0.470.38-0.430.18-0.95-0.4-0.930.86-0.550.010.01-0.41
0.52-0.040.34-0.010.0-0.20.170.00.090.790.520.010.00.47-0.220.560.13-0.240.10.090.660.011.00.62
0.52-0.040.34-0.010.0-0.20.170.00.090.790.520.010.00.47-0.220.560.13-0.240.10.090.660.011.00.62
0.070.2-0.07-0.160.3-0.580.37-0.3-0.290.790.87-0.330.220.2-0.10.090.440.180.59-0.410.83-0.410.620.62
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Gossan Resources Account Relationship Matchups

Gossan Resources balance sheet Accounts

201920202021202220232024 (projected)
Total Assets86.8K467.7K744.5K324.2K944.0K1.7M
Total Current Liabilities254.2K274.4K394.9K244.3K195.5K194.6K
Total Stockholder Equity(167.3K)193.4K349.6K79.9K748.4K711.0K
Net Debt(27.2K)(331.5K)(491.9K)(131.2K)(87.1K)(91.4K)
Retained Earnings(13.7M)(14.2M)(16.4M)(17.6M)(17.0M)(16.1M)
Accounts Payable34.4K108.1K291.9K140.9K83.6K87.2K
Cash27.2K331.5K491.9K131.2K87.1K82.7K
Cash And Short Term Investments27.2K331.5K491.9K131.2K192.1K182.5K
Net Receivables56.6K134.7K251.8K157.0K750.7K788.2K
Common Stock Shares Outstanding33.7M38.0M57.1M65.9M66.8M70.1M
Liabilities And Stockholders Equity86.8K467.7K744.5K324.2K944.0K1.7M
Other Stockholder Equity1.6M1.9M2.2M2.4M2.4M2.3M
Total Liab254.2K274.4K394.9K244.3K195.5K218.2K
Total Current Assets86.8K467.7K744.5K324.2K944.0K610.5K
Other Current Liab219.8K166.3K103.0K103.5K112.0K130.2K
Other Current Assets3.0K1.6K750.036.1K1.2K1.1K
Common Stock11.9M12.5M14.6M15.3M17.6M10.7M
Net Tangible Assets(167.3K)193.4K349.6K79.9K71.9K68.3K
Net Invested Capital(167.3K)193.4K349.6K79.9K748.4K785.8K
Net Working Capital(167.3K)193.4K349.6K79.9K748.4K785.8K
Capital Stock11.9M12.5M14.6M15.3M17.6M14.9M

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