Kingsmen Historical Balance Sheet

KNG Stock  CAD 0.44  0.03  7.32%   
Trend analysis of Kingsmen Resources balance sheet accounts such as Net Tangible Assets of 929 K provides information on Kingsmen Resources' total assets, liabilities, and equity, which is the actual value of Kingsmen Resources to its prevalent stockholders. By breaking down trends over time using Kingsmen 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.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kingsmen 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 Kingsmen Balance Sheet Analysis

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

Kingsmen Resources Balance Sheet Chart

At this time, Kingsmen Resources' Net Tangible Assets are fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 21.5 M in 2024, whereas Total Assets are likely to drop slightly above 1 M in 2024.

Total Assets

Total assets refers to the total amount of Kingsmen 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 Kingsmen 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 Kingsmen 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 Kingsmen 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.

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.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most accounts from Kingsmen Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Kingsmen 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kingsmen 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, Kingsmen Resources' Net Tangible Assets are fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 21.5 M in 2024, whereas Total Assets are likely to drop slightly above 1 M in 2024.
 2021 2022 2023 2024 (projected)
Total Current Liabilities7.7K50.2K63.1K36.8K
Total Assets908.8K940.6K1.3M1.0M

Kingsmen Resources balance sheet Correlations

0.171.00.990.14-0.110.610.340.060.170.61-0.040.970.03-0.350.060.84-0.060.05-0.3-0.26-0.290.02-0.06
0.170.150.080.710.280.40.2-0.231.00.42-0.03-0.010.270.53-0.030.120.73-0.48-0.090.430.25-0.620.73
1.00.150.990.12-0.110.610.340.060.150.6-0.040.970.03-0.360.060.84-0.070.06-0.3-0.26-0.30.03-0.07
0.990.080.990.05-0.10.580.350.050.080.57-0.080.98-0.05-0.410.010.86-0.150.11-0.32-0.32-0.340.12-0.15
0.140.710.120.050.380.340.37-0.520.710.39-0.25-0.040.110.64-0.310.180.77-0.780.060.310.18-0.840.77
-0.110.28-0.11-0.10.380.090.85-0.890.280.17-0.89-0.14-0.720.47-0.850.37-0.130.11-0.25-0.24-0.250.11-0.13
0.610.40.610.580.340.090.33-0.150.41.0-0.040.410.040.18-0.070.460.22-0.140.260.340.32-0.190.22
0.340.20.340.350.370.850.33-0.850.20.41-0.910.31-0.740.29-0.830.76-0.250.2-0.36-0.4-0.410.19-0.25
0.06-0.230.060.05-0.52-0.89-0.15-0.85-0.23-0.230.930.120.78-0.510.96-0.39-0.020.130.160.20.190.04-0.02
0.171.00.150.080.710.280.40.2-0.230.42-0.03-0.010.270.53-0.030.120.73-0.48-0.090.430.25-0.620.73
0.610.420.60.570.390.171.00.41-0.230.42-0.120.4-0.010.23-0.140.490.22-0.140.240.320.3-0.190.22
-0.04-0.03-0.04-0.08-0.25-0.89-0.04-0.910.93-0.03-0.12-0.060.91-0.230.96-0.540.32-0.190.40.520.49-0.280.32
0.97-0.010.970.98-0.04-0.140.410.310.12-0.010.4-0.06-0.03-0.510.070.85-0.240.19-0.43-0.44-0.460.18-0.24
0.030.270.03-0.050.11-0.720.04-0.740.780.27-0.010.91-0.03-0.020.91-0.430.55-0.380.290.550.44-0.560.55
-0.350.53-0.36-0.410.640.470.180.29-0.510.530.23-0.23-0.51-0.02-0.33-0.190.53-0.410.450.620.57-0.50.53
0.06-0.030.060.01-0.31-0.85-0.07-0.830.96-0.03-0.140.960.070.91-0.33-0.410.18-0.020.20.350.29-0.170.18
0.840.120.840.860.180.370.460.76-0.390.120.49-0.540.85-0.43-0.19-0.41-0.290.24-0.51-0.53-0.550.23-0.29
-0.060.73-0.07-0.150.77-0.130.22-0.25-0.020.730.220.32-0.240.550.530.18-0.29-0.920.320.670.55-0.961.0
0.05-0.480.060.11-0.780.11-0.140.20.13-0.48-0.14-0.190.19-0.38-0.41-0.020.24-0.92-0.32-0.49-0.420.94-0.92
-0.3-0.09-0.3-0.320.06-0.250.26-0.360.16-0.090.240.4-0.430.290.450.2-0.510.32-0.320.830.92-0.290.32
-0.260.43-0.26-0.320.31-0.240.34-0.40.20.430.320.52-0.440.550.620.35-0.530.67-0.490.830.97-0.560.67
-0.290.25-0.3-0.340.18-0.250.32-0.410.190.250.30.49-0.460.440.570.29-0.550.55-0.420.920.97-0.440.55
0.02-0.620.030.12-0.840.11-0.190.190.04-0.62-0.19-0.280.18-0.56-0.5-0.170.23-0.960.94-0.29-0.56-0.44-0.96
-0.060.73-0.07-0.150.77-0.130.22-0.25-0.020.730.220.32-0.240.550.530.18-0.291.0-0.920.320.670.55-0.96
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Kingsmen Resources Account Relationship Matchups

Kingsmen Resources balance sheet Accounts

201920202021202220232024 (projected)
Total Assets724.6K818.0K908.8K940.6K1.3M1.0M
Total Current Liabilities8.9K13.9K7.7K50.2K63.1K36.8K
Total Stockholder Equity715.7K804.1K901.1K890.4K1.2M998.5K
Net Tangible Assets564.5K715.7K804.1K901.1K811.0K929.0K
Retained Earnings(20.1M)(20.0M)(20.2M)(20.2M)(2.5M)(2.6M)
Accounts Payable13.1K2.4K3.4K6.0K5.4K5.2K
Cash705.2K806.4K891.8K800.6K908.9K744.4K
Net Receivables558.02.8K5.4K2.1K3.0K0.0
Total Liab8.9K13.9K7.7K50.2K63.1K36.8K
Total Current Assets724.6K818.0K908.8K816.7K940.7K772.5K
Net Invested Capital715.7K804.1K901.1K890.4K1.2M836.8K
Net Working Capital715.7K804.1K901.1K766.5K877.6K765.7K

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Additional Tools for Kingsmen Stock Analysis

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