Precious Historical Balance Sheet

MMP-UN Stock

CAD 1.82 0.01 0.55%

Trend analysis of Precious Metals And balance sheet accounts such as Total Stockholder Equity of 16.6 M provides information on Precious Metals' total assets, liabilities, and equity, which is the actual value of Precious Metals And to its prevalent stockholders. By breaking down trends over time using Precious 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.

Cash Flow Balance Sheet Income Statement

Precious Metals Inventory

23.81 Million

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Precious Metals And. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

About Precious Balance Sheet Analysis

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

Precious Metals Balance Sheet Chart

At present, Precious Metals' Cash And Short Term Investments are projected to decrease significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 14.4 M, whereas Total Assets are forecasted to decline to about 16.9 M.

Total Assets Total Current Liabilities Total Stockholder Equity Accounts Payable

Total Assets

Total assets refers to the total amount of Precious 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 Precious Metals And 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 Precious 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 Precious Metals And 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.

Accounts Payable

An accounting item on the balance sheet that represents Precious Metals 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 Precious Metals And 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 Precious Metals' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Precious Metals And 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 Precious Metals And. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

	2022	2023	2024	2025 (projected)
Total Stockholder Equity	22.9M	19.4M	17.5M	16.6M
Total Current Liabilities	119K	391K	351.9K	334.3K

Total Stockholder Equity Total Current Liabilities

Precious Metals balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Non Current Assets Total	Inventory	Other Current Assets	Common Stock	Non Currrent Assets Other	Other Assets	Non Current Liabilities Total	Net Tangible Assets	Net Invested Capital	Long Term Investments	Net Working Capital
Total Assets		0.41	0.61	1.0	-0.84	0.94	0.84	0.05	0.69	0.53	0.71	0.96	0.61	0.05	0.91	-0.72	0.68	0.76	0.62	-0.36	0.55	0.57	0.6	0.56	0.6
Other Current Liab	0.41		0.97	0.36	-0.52	0.15	0.52	0.72	0.83	-0.23	0.73	0.4	0.97	0.72	0.74	-0.48	0.53	0.52	0.49	-0.23	0.36	0.34	0.38	0.32	0.37
Total Current Liabilities	0.61	0.97		0.57	-0.62	0.37	0.62	0.62	0.87	-0.09	0.8	0.6	1.0	0.63	0.88	-0.58	0.64	0.62	0.58	-0.27	0.43	0.42	0.46	0.39	0.45
Total Stockholder Equity	1.0	0.36	0.57		-0.83	0.95	0.83	0.01	0.66	0.55	0.68	0.96	0.57	0.02	0.89	-0.71	0.67	0.75	0.6	-0.35	0.54	0.56	0.59	0.55	0.59
Net Debt	-0.84	-0.52	-0.62	-0.83		-0.77	-1.0	-0.29	-0.84	-0.33	-0.67	-0.79	-0.62	-0.29	-0.82	0.64	-0.52	-0.67	-0.56	0.32	-0.51	-0.48	-0.52	-0.46	-0.51
Accounts Payable	0.94	0.15	0.37	0.95	-0.77		0.77	-0.1	0.55	0.51	0.43	0.95	0.37	-0.1	0.75	-0.49	0.56	0.54	0.48	-0.25	0.37	0.37	0.4	0.36	0.4
Cash	0.84	0.52	0.62	0.83	-1.0	0.77		0.29	0.84	0.33	0.67	0.79	0.62	0.29	0.82	-0.64	0.52	0.67	0.55	-0.32	0.51	0.48	0.52	0.46	0.51
Cash And Short Term Investments	0.05	0.72	0.62	0.01	-0.29	-0.1	0.29		0.53	-0.27	0.36	0.08	0.62	1.0	0.34	-0.17	0.08	0.19	-0.04	-0.38	0.35	0.17	0.31	0.2	0.28
Net Receivables	0.69	0.83	0.87	0.66	-0.84	0.55	0.84	0.53		-0.05	0.7	0.7	0.87	0.53	0.86	-0.51	0.62	0.56	0.53	-0.17	0.3	0.33	0.36	0.35	0.36
Common Stock Shares Outstanding	0.53	-0.23	-0.09	0.55	-0.33	0.51	0.33	-0.27	-0.05		0.42	0.35	-0.08	-0.27	0.28	-0.68	0.33	0.64	0.26	-0.41	0.69	0.61	0.68	0.69	0.67
Short Term Investments	0.71	0.73	0.8	0.68	-0.67	0.43	0.67	0.36	0.7	0.42		0.54	0.8	0.37	0.85	-0.91	0.68	0.94	0.59	-0.5	0.72	0.81	0.81	0.81	0.82
Other Stockholder Equity	0.96	0.4	0.6	0.96	-0.79	0.95	0.79	0.08	0.7	0.35	0.54		0.6	0.09	0.88	-0.53	0.61	0.57	0.54	-0.23	0.38	0.38	0.41	0.36	0.41
Total Liab	0.61	0.97	1.0	0.57	-0.62	0.37	0.62	0.62	0.87	-0.08	0.8	0.6		0.63	0.88	-0.58	0.64	0.63	0.58	-0.27	0.44	0.42	0.46	0.4	0.46
Total Current Assets	0.05	0.72	0.63	0.02	-0.29	-0.1	0.29	1.0	0.53	-0.27	0.37	0.09	0.63		0.35	-0.18	0.08	0.19	-0.04	-0.38	0.35	0.17	0.31	0.21	0.28
Non Current Assets Total	0.91	0.74	0.88	0.89	-0.82	0.75	0.82	0.34	0.86	0.28	0.85	0.88	0.88	0.35		-0.74	0.74	0.79	0.66	-0.36	0.55	0.58	0.61	0.56	0.61
Inventory	-0.72	-0.48	-0.58	-0.71	0.64	-0.49	-0.64	-0.17	-0.51	-0.68	-0.91	-0.53	-0.58	-0.18	-0.74		-0.6	-0.94	-0.55	0.55	-0.82	-0.84	-0.88	-0.85	-0.89
Other Current Assets	0.68	0.53	0.64	0.67	-0.52	0.56	0.52	0.08	0.62	0.33	0.68	0.61	0.64	0.08	0.74	-0.6		0.64	0.7	-0.24	0.37	0.49	0.5	0.44	0.5
Common Stock	0.76	0.52	0.62	0.75	-0.67	0.54	0.67	0.19	0.56	0.64	0.94	0.57	0.63	0.19	0.79	-0.94	0.64		0.61	-0.6	0.78	0.82	0.86	0.86	0.85
Non Currrent Assets Other	0.62	0.49	0.58	0.6	-0.56	0.48	0.55	-0.04	0.53	0.26	0.59	0.54	0.58	-0.04	0.66	-0.55	0.7	0.61		-0.14	0.34	0.24	0.33	0.17	0.31
Other Assets	-0.36	-0.23	-0.27	-0.35	0.32	-0.25	-0.32	-0.38	-0.17	-0.41	-0.5	-0.23	-0.27	-0.38	-0.36	0.55	-0.24	-0.6	-0.14		-0.61	-0.68	-0.78	-0.62	-0.75
Non Current Liabilities Total	0.55	0.36	0.43	0.54	-0.51	0.37	0.51	0.35	0.3	0.69	0.72	0.38	0.44	0.35	0.55	-0.82	0.37	0.78	0.34	-0.61		0.76	0.9	0.77	0.87
Net Tangible Assets	0.57	0.34	0.42	0.56	-0.48	0.37	0.48	0.17	0.33	0.61	0.81	0.38	0.42	0.17	0.58	-0.84	0.49	0.82	0.24	-0.68	0.76		0.93	0.92	0.95
Net Invested Capital	0.6	0.38	0.46	0.59	-0.52	0.4	0.52	0.31	0.36	0.68	0.81	0.41	0.46	0.31	0.61	-0.88	0.5	0.86	0.33	-0.78	0.9	0.93		0.9	0.99
Long Term Investments	0.56	0.32	0.39	0.55	-0.46	0.36	0.46	0.2	0.35	0.69	0.81	0.36	0.4	0.21	0.56	-0.85	0.44	0.86	0.17	-0.62	0.77	0.92	0.9		0.9
Net Working Capital	0.6	0.37	0.45	0.59	-0.51	0.4	0.51	0.28	0.36	0.67	0.82	0.41	0.46	0.28	0.61	-0.89	0.5	0.85	0.31	-0.75	0.87	0.95	0.99	0.9

Click cells to compare fundamentals

Precious Metals Account Relationship Matchups

Precious Metals balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	35.7M	30.9M	23.2M	19.7M	17.7M	16.9M
Other Current Liab	(140K)	(13K)	(3K)	284K	255.6K	242.8K
Total Current Liabilities	140K	141K	119K	391K	351.9K	334.3K
Total Stockholder Equity	35.4M	30.6M	22.9M	19.4M	17.5M	16.6M
Net Debt	(1.3M)	(585K)	(575K)	(282K)	(324.3K)	(340.5K)
Accounts Payable	140K	13K	3K	107K	96.3K	91.5K
Cash	1.3M	585K	575K	282K	253.8K	241.1K
Cash And Short Term Investments	1.3M	585K	575K	19.7M	17.7M	34.2M
Net Receivables	110K	32K	81K	8K	10.8K	10.3K
Common Stock Shares Outstanding	16.3M	13.7M	12.5M	11.4M	10.2M	14.4M
Short Term Investments	34.3M	30.2M	22.6M	19.4M	17.5M	16.6M
Liabilities And Stockholders Equity	35.7M	30.9M	23.2M	19.7M	17.7M	16.9M
Total Liab	140K	141K	119K	284K	255.6K	242.8K
Total Current Assets	1.4M	666K	586K	19.7M	17.7M	34.4M
Non Current Assets Total	34.3M	30.2M	22.6M	19.4M	17.5M	16.6M
Common Stock	35.4M	30.6M	22.9M	19.4M	17.5M	29.0M
Non Currrent Assets Other	(34.3M)	(30.2M)	(22.6M)	(19.4M)	(17.5M)	(18.4M)
Non Current Liabilities Total	266K	263K	328K	284K	255.6K	313.2K
Net Tangible Assets	27.3M	28.8M	35.4M	30.6M	27.6M	25.7M
Long Term Investments	34.3M	30.2M	22.6M	19.4M	17.5M	22.7M

Pair Trading with Precious Metals

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 Precious Metals 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 Precious Metals will appreciate offsetting losses from the drop in the long position's value.

Moving against Precious Stock

0.73	AIDX	HealWELL AI	Pair Corr
0.73	TCS	TECSYS Inc	Pair Corr
0.69	FFH	Fairfax Financial	Pair Corr
0.69	WNDR	WonderFi Technologies	Pair Corr
0.68	WELL	WELL Health Technologies	Pair Corr

The ability to find closely correlated positions to Precious Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Precious Metals 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 Precious Metals - 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 Precious Metals And to buy it.

The correlation of Precious Metals 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 Precious Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Precious Metals And 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 Precious Metals 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 Correlation Correlation Matching

Other Information on Investing in Precious Stock

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Precious Historical Balance Sheet

Precious Metals Inventory

23.81 Million

About Precious Balance Sheet Analysis

Precious Metals Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Accounts Payable

Precious Metals balance sheet Correlations

Precious Metals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Precious Metals balance sheet Accounts

Pair Trading with Precious Metals

Moving against Precious Stock

Other Information on Investing in Precious Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Cash And Short Term Investments
Net Working Capital	+ 0.99	Net Invested Capital
Total Current Liabilities	+ 0.97	Other Current Liab
Total Liab	+ 0.97	Other Current Liab

Cash	- 1.0	Net Debt
Common Stock	- 0.94	Inventory
Inventory	- 0.91	Short Term Investments
Net Working Capital	- 0.89	Inventory
Net Invested Capital	- 0.88	Inventory
Long Term Investments	- 0.85	Inventory