International Historical Balance Sheet

ITH Stock  CAD 0.64  0.01  1.54%   
Trend analysis of International Tower Hill balance sheet accounts such as Non Current Assets Total of 42.2 M or Non Currrent Assets Other of 0.0 provides information on International Tower's total assets, liabilities, and equity, which is the actual value of International Tower Hill to its prevalent stockholders. By breaking down trends over time using International Tower 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 International Tower Hill 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 International Tower Hill is a good buy for the upcoming year.

International Tower Inventory

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

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

International Tower Balance Sheet Chart

At this time, International Tower's Capital Stock is very stable compared to the past year.

Total Assets

Total assets refers to the total amount of International Tower 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 International Tower Hill 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 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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most accounts from International Tower's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into International Tower Hill 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 International Tower Hill. 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, International Tower's Capital Stock is very stable compared to the past year.
 2021 2022 2023 2024 (projected)
Total Stockholder Equity62.7M60.1M57.1M55.3M
Total Assets63.3M60.4M57.4M61.2M

International Tower balance sheet Correlations

0.890.740.560.210.420.430.670.780.590.510.540.75-0.11-0.78-0.480.640.780.780.640.710.560.71-0.10.1-0.02
0.890.870.810.610.090.660.270.490.840.310.330.870.0-0.5-0.740.350.50.50.360.460.160.740.17-0.140.35
0.740.870.930.69-0.070.780.20.220.920.130.131.00.13-0.22-0.880.170.220.220.070.180.170.780.14-0.160.25
0.560.810.930.84-0.280.91-0.13-0.040.99-0.02-0.020.940.30.04-0.98-0.05-0.04-0.04-0.15-0.04-0.150.60.41-0.450.53
0.210.610.690.84-0.480.69-0.5-0.280.82-0.25-0.260.690.190.28-0.82-0.28-0.28-0.28-0.32-0.24-0.480.480.49-0.380.67
0.420.09-0.07-0.28-0.48-0.40.740.73-0.290.290.35-0.07-0.02-0.730.380.90.730.730.860.830.73-0.02-0.320.37-0.38
0.430.660.780.910.69-0.4-0.21-0.220.94-0.12-0.130.80.290.22-0.97-0.19-0.22-0.22-0.33-0.22-0.20.450.45-0.610.48
0.670.270.2-0.13-0.50.74-0.210.86-0.110.580.620.19-0.29-0.860.20.780.860.860.770.770.920.37-0.530.54-0.63
0.780.490.22-0.04-0.280.73-0.220.86-0.020.670.710.21-0.29-1.00.170.821.01.00.910.920.70.4-0.360.48-0.3
0.590.840.920.990.82-0.290.94-0.11-0.020.0-0.010.930.20.02-0.99-0.04-0.02-0.02-0.15-0.04-0.130.640.39-0.430.5
0.510.310.13-0.02-0.250.29-0.120.580.670.01.00.12-0.18-0.680.090.360.680.670.440.450.210.24-0.330.2-0.06
0.540.330.13-0.02-0.260.35-0.130.620.71-0.011.00.13-0.19-0.720.10.430.720.720.50.50.270.25-0.330.23-0.08
0.750.871.00.940.69-0.070.80.190.210.930.120.130.14-0.21-0.890.160.210.210.070.180.170.770.16-0.190.26
-0.110.00.130.30.19-0.020.29-0.29-0.290.2-0.18-0.190.140.3-0.24-0.16-0.3-0.3-0.14-0.09-0.26-0.520.6-0.770.51
-0.78-0.5-0.220.040.28-0.730.22-0.86-1.00.02-0.68-0.72-0.210.3-0.16-0.82-1.0-1.0-0.91-0.91-0.7-0.40.36-0.480.3
-0.48-0.74-0.88-0.98-0.820.38-0.970.20.17-0.990.090.1-0.89-0.24-0.160.150.170.170.280.170.2-0.57-0.430.49-0.51
0.640.350.17-0.05-0.280.9-0.190.780.82-0.040.360.430.16-0.16-0.820.150.820.820.880.870.750.26-0.220.39-0.33
0.780.50.22-0.04-0.280.73-0.220.861.0-0.020.680.720.21-0.3-1.00.170.821.00.910.910.70.4-0.370.48-0.3
0.780.50.22-0.04-0.280.73-0.220.861.0-0.020.670.720.21-0.3-1.00.170.821.00.910.910.70.4-0.370.48-0.3
0.640.360.07-0.15-0.320.86-0.330.770.91-0.150.440.50.07-0.14-0.910.280.880.910.910.990.70.18-0.260.37-0.35
0.710.460.18-0.04-0.240.83-0.220.770.92-0.040.450.50.18-0.09-0.910.170.870.910.910.990.690.24-0.220.3-0.29
0.560.160.17-0.15-0.480.73-0.20.920.7-0.130.210.270.17-0.26-0.70.20.750.70.70.70.690.33-0.480.55-0.73
0.710.740.780.60.48-0.020.450.370.40.640.240.250.77-0.52-0.4-0.570.260.40.40.180.240.33-0.280.38-0.12
-0.10.170.140.410.49-0.320.45-0.53-0.360.39-0.33-0.330.160.60.36-0.43-0.22-0.37-0.37-0.26-0.22-0.48-0.28-0.710.67
0.1-0.14-0.16-0.45-0.380.37-0.610.540.48-0.430.20.23-0.19-0.77-0.480.490.390.480.480.370.30.550.38-0.71-0.66
-0.020.350.250.530.67-0.380.48-0.63-0.30.5-0.06-0.080.260.510.3-0.51-0.33-0.3-0.3-0.35-0.29-0.73-0.120.67-0.66
Click cells to compare fundamentals

International Tower Account Relationship Matchups

International Tower balance sheet Accounts

201920202021202220232024 (projected)
Total Assets62.6M68.6M63.3M60.4M57.4M61.2M
Total Stockholder Equity62.2M68.1M62.7M60.1M57.1M55.3M
Non Current Assets Total55.3M55.4M55.4M55.4M63.7M42.2M
Common Stock Total Equity265.6M277.9M278.2M288.0M331.2M254.5M
Common Stock Shares Outstanding187.4M189.9M194.9M195.2M195.6M101.6M
Liabilities And Stockholders Equity62.6M68.6M63.3M60.4M57.4M61.2M
Other Current Assets238.6K162.1K141.7K152.6K304.7K239.7K
Other Stockholder Equity35.1M35.5M36.0M36.3M36.3M45.4M
Total Liab335.8K493.0K579.9K288.4K235.0K223.2K
Total Current Assets7.2M13.2M7.9M5.0M2.0M1.9M
Common Stock277.9M278.2M288.0M288.5M288.9M268.0M
Other Current Liab317.3K294.0K320.2K234.8K142.1K135.0K
Total Current Liabilities335.8K493.0K579.9K288.4K235.0K223.2K
Property Plant And Equipment Net55.3M55.4M55.4M55.4M63.7M44.1M
Net Debt(6.9M)(13.0M)(7.8M)(4.8M)(1.7M)(1.8M)
Retained Earnings(252.6M)(257.1M)(263.1M)(266.2M)(269.6M)(256.1M)
Accounts Payable18.4K199.0K259.6K53.5K92.9K88.2K
Cash6.9M13.0M7.8M4.8M1.7M1.6M
Cash And Short Term Investments6.9M13.0M7.8M4.8M1.7M1.6M
Property Plant And Equipment Gross20.8K17.8K15.4K55.4M63.7M66.9M
Accumulated Other Comprehensive Income1.6M1.8M1.8M1.5M1.5M1.6M
Net Tangible Assets62.2M68.1M62.7M60.1M69.1M65.1M
Property Plant Equipment55.4M55.4M55.4M55.4M63.7M60.8M
Capital Surpluse35.1M35.5M36.0M36.3M41.7M38.5M
Cash And Equivalents6.9M13.0M7.8M4.8M4.4M7.7M
Net Invested Capital62.2M68.1M62.7M60.1M57.1M49.4M
Net Working Capital6.8M12.7M7.3M4.7M1.8M1.7M

Pair Trading with International Tower

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if International Tower position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in International Tower will appreciate offsetting losses from the drop in the long position's value.

Moving together with International Stock

  0.67ORE Orezone Gold CorpPairCorr

Moving against International Stock

  0.41BRK Berkshire Hathaway CDRPairCorr
The ability to find closely correlated positions to International Tower could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace International Tower when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back International Tower - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling International Tower Hill to buy it.
The correlation of International Tower is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as International Tower moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if International Tower Hill moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for International Tower can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether International Tower Hill is a strong investment it is important to analyze International Tower's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact International Tower's future performance. For an informed investment choice regarding International Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Tower Hill. 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.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Please note, there is a significant difference between International Tower's value and its price as these two are different measures arrived at by different means. Investors typically determine if International Tower is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Tower's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.