KTO Historical Balance Sheet

KTO Stock  CAD 0.14  0.02  12.50%   
Trend analysis of K2 Gold balance sheet accounts such as Total Stockholder Equity of 17.3 M provides information on K2 Gold's total assets, liabilities, and equity, which is the actual value of K2 Gold to its prevalent stockholders. By breaking down trends over time using K2 Gold 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 K2 Gold 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 K2 Gold is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in K2 Gold. 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 KTO Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of K2 Gold at a specified time, usually calculated after every quarter, six months, or one year. K2 Gold Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of K2 Gold 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 KTO currently owns. An asset can also be divided into two categories, current and non-current.

K2 Gold Balance Sheet Chart

At this time, K2 Gold's Property Plant Equipment is fairly stable compared to the past year. Other Current Assets is likely to climb to about 55.2 K in 2024, whereas Total Current Liabilities is likely to drop slightly above 197.2 K in 2024.

Total Assets

Total assets refers to the total amount of K2 Gold 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 K2 Gold 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 K2 Gold balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of K2 Gold 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.
Most accounts from K2 Gold's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into K2 Gold 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 K2 Gold. 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, K2 Gold's Property Plant Equipment is fairly stable compared to the past year. Other Current Assets is likely to climb to about 55.2 K in 2024, whereas Total Current Liabilities is likely to drop slightly above 197.2 K in 2024.
 2021 2022 2023 2024 (projected)
Other Current Liabilities338.4K176.5K257.8K250.1K
Total Assets14.1M13.0M16.8M17.6M

K2 Gold balance sheet Correlations

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0.420.770.410.26-0.56-0.140.560.260.55-0.210.39-0.880.770.550.520.420.450.45-0.250.190.38-0.12-0.120.490.46
0.420.770.410.27-0.55-0.210.560.270.55-0.170.42-0.690.990.550.520.550.530.43-0.260.10.36-0.17-0.170.580.44
1.00.410.410.95-0.34-0.740.340.950.34-0.030.93-0.360.470.350.970.90.890.91-0.640.520.67-0.34-0.340.940.34
0.950.260.270.95-0.03-0.710.031.00.030.00.94-0.20.310.040.910.860.80.94-0.570.470.45-0.29-0.290.850.04
-0.35-0.56-0.55-0.34-0.030.21-1.0-0.03-1.00.15-0.160.55-0.6-1.0-0.36-0.33-0.42-0.10.3-0.22-0.760.210.21-0.45-0.97
-0.73-0.14-0.21-0.74-0.710.21-0.21-0.72-0.210.35-0.850.09-0.27-0.21-0.62-0.86-0.84-0.520.87-0.77-0.620.620.62-0.78-0.23
0.350.560.560.340.03-1.0-0.210.031.0-0.150.16-0.550.61.00.370.340.420.11-0.310.220.76-0.21-0.210.450.97
0.950.260.270.951.0-0.03-0.720.030.030.00.94-0.210.320.040.920.860.810.94-0.570.470.45-0.29-0.290.850.04
0.350.550.550.340.03-1.0-0.211.00.03-0.160.16-0.550.61.00.360.330.420.1-0.310.230.76-0.21-0.210.450.97
-0.04-0.21-0.17-0.030.00.150.35-0.150.0-0.16-0.180.18-0.19-0.13-0.03-0.26-0.220.040.28-0.24-0.20.250.25-0.17-0.12
0.930.390.420.930.94-0.16-0.850.160.940.16-0.18-0.340.470.170.90.940.890.87-0.770.660.57-0.46-0.460.90.14
-0.37-0.88-0.69-0.36-0.20.550.09-0.55-0.21-0.550.18-0.34-0.7-0.55-0.49-0.38-0.43-0.40.22-0.28-0.47-0.03-0.03-0.45-0.48
0.480.770.990.470.31-0.6-0.270.60.320.6-0.190.47-0.70.590.580.60.590.48-0.30.140.43-0.19-0.190.640.49
0.360.550.550.350.04-1.0-0.211.00.041.0-0.130.17-0.550.590.370.330.420.11-0.310.230.77-0.21-0.210.450.98
0.980.520.520.970.91-0.36-0.620.370.920.36-0.030.9-0.490.580.370.860.860.96-0.560.450.64-0.26-0.260.930.34
0.90.420.550.90.86-0.33-0.860.340.860.33-0.260.94-0.380.60.330.860.910.79-0.720.580.61-0.42-0.420.930.32
0.890.450.530.890.8-0.42-0.840.420.810.42-0.220.89-0.430.590.420.860.910.77-0.750.660.72-0.42-0.420.980.4
0.910.450.430.910.94-0.1-0.520.110.940.10.040.87-0.40.480.110.960.790.77-0.430.350.41-0.13-0.130.840.08
-0.64-0.25-0.26-0.64-0.570.30.87-0.31-0.57-0.310.28-0.770.22-0.3-0.31-0.56-0.72-0.75-0.43-0.88-0.660.820.82-0.66-0.24
0.510.190.10.520.47-0.22-0.770.220.470.23-0.240.66-0.280.140.230.450.580.660.35-0.880.58-0.49-0.490.540.22
0.670.380.360.670.45-0.76-0.620.760.450.76-0.20.57-0.470.430.770.640.610.720.41-0.660.58-0.44-0.440.720.76
-0.34-0.12-0.17-0.34-0.290.210.62-0.21-0.29-0.210.25-0.46-0.03-0.19-0.21-0.26-0.42-0.42-0.130.82-0.49-0.441.0-0.35-0.08
-0.34-0.12-0.17-0.34-0.290.210.62-0.21-0.29-0.210.25-0.46-0.03-0.19-0.21-0.26-0.42-0.42-0.130.82-0.49-0.441.0-0.35-0.08
0.940.490.580.940.85-0.45-0.780.450.850.45-0.170.9-0.450.640.450.930.930.980.84-0.660.540.72-0.35-0.350.44
0.350.460.440.340.04-0.97-0.230.970.040.97-0.120.14-0.480.490.980.340.320.40.08-0.240.220.76-0.08-0.080.44
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K2 Gold Account Relationship Matchups

K2 Gold balance sheet Accounts

201920202021202220232024 (projected)
Total Assets7.1M15.4M14.1M13.0M16.8M17.6M
Total Current Liabilities271.2K317.7K338.4K176.5K297.8K197.2K
Total Stockholder Equity6.8M15.1M13.7M12.8M16.5M17.3M
Property Plant And Equipment Net4.1M7.8M11.1M12.6M16.4M17.2M
Net Debt(2.9M)(7.4M)(2.8M)(273.2K)(155.2K)(162.9K)
Retained Earnings(15.6M)(17.3M)(19.1M)(20.4M)(21.4M)(20.4M)
Cash2.9M7.4M2.9M313.2K195.2K185.4K
Non Current Assets Total4.1M7.8M11.2M12.7M16.5M17.3M
Cash And Short Term Investments2.9M7.4M2.9M313.2K195.2K185.4K
Net Receivables18.3K21.8K18.4K6.3K44.8K27.1K
Common Stock Shares Outstanding32.0M47.2M64.6M64.8M89.9M94.4M
Liabilities And Stockholders Equity7.1M15.4M14.1M13.0M16.8M17.6M
Other Stockholder Equity3.4M4.3M106.5K6.1M5.5M6.2M
Total Liab271.2K357.7K378.4K216.5K297.8K207.4K
Total Current Assets3.0M7.6M2.9M373.4K293.2K278.6K
Accumulated Other Comprehensive Income4.3M5.8M6.1M6.4M7.4M4.5M
Net Tangible Assets3.1M6.8M15.1M13.7M15.8M16.6M
Accounts Payable52.8K267.2K316.2K338.4K389.1K408.6K
Common Stock14.2M18.1M26.5M26.8M30.5M19.7M
Property Plant Equipment2.7M4.1M7.8M11.1M12.8M13.5M
Short Term Investments73.6K78.0K61.4K54.4K62.6K55.5K
Other Current Assets20.7K161.9K47.0K53.9K53.3K55.2K
Non Currrent Assets Other4.1M1.063.4K67.7K66.1K62.8K
Net Invested Capital6.8M15.1M13.8M12.9M16.5M11.1M
Net Working Capital2.7M7.3M2.6M196.8K(4.6K)(4.4K)

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Additional Tools for KTO Stock Analysis

When running K2 Gold's price analysis, check to measure K2 Gold'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 K2 Gold is operating at the current time. Most of K2 Gold's value examination focuses on studying past and present price action to predict the probability of K2 Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move K2 Gold's price. Additionally, you may evaluate how the addition of K2 Gold to your portfolios can decrease your overall portfolio volatility.