Outcrop Historical Balance Sheet

OCG Stock  CAD 0.22  0.01  4.76%   
Trend analysis of Outcrop Gold Corp balance sheet accounts such as Total Stockholder Equity of 6.2 M provides information on Outcrop Gold's total assets, liabilities, and equity, which is the actual value of Outcrop Gold Corp to its prevalent stockholders. By breaking down trends over time using Outcrop 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 Outcrop Gold Corp 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 Outcrop Gold Corp is a good buy for the upcoming year.

Outcrop Gold Inventory

94,622.4

  
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About Outcrop Balance Sheet Analysis

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

Outcrop Gold Balance Sheet Chart

At this time, Outcrop Gold's Other Current Assets are fairly stable compared to the past year. Property Plant Equipment is likely to climb to about 5.6 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 14.3 K in 2024.

Total Assets

Total assets refers to the total amount of Outcrop 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 Outcrop Gold Corp 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 Outcrop 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 Outcrop Gold Corp 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.
Most accounts from Outcrop Gold's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Outcrop Gold Corp 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Outcrop Gold Corp. 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, Outcrop Gold's Other Current Assets are fairly stable compared to the past year. Property Plant Equipment is likely to climb to about 5.6 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 14.3 K in 2024.
 2022 2023 2024 (projected)
Short and Long Term Debt Total16.7K15.0K14.3K
Total Assets8.9M10.3M6.5M

Outcrop Gold balance sheet Correlations

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-0.56-0.52-0.56-0.540.40.76-0.41-0.35-0.530.21-0.35-0.09-0.540.07-0.55-0.46-0.36-0.44-0.24-0.19-0.47-0.48-0.38-0.25-0.48
0.72-0.520.680.87-0.27-0.830.960.230.86-0.70.22-0.130.790.350.111.00.240.70.080.670.770.880.760.530.78
1.0-0.560.680.68-0.79-0.60.660.750.67-0.570.740.210.580.390.280.660.760.70.080.80.650.670.840.820.66
0.69-0.540.870.68-0.17-0.890.80.11.0-0.750.08-0.290.950.29-0.090.860.110.930.070.660.890.990.880.650.91
-0.770.4-0.27-0.79-0.170.11-0.27-0.99-0.160.19-0.99-0.52-0.11-0.22-0.49-0.24-0.99-0.26-0.03-0.54-0.08-0.15-0.37-0.54-0.12
-0.620.76-0.83-0.6-0.890.11-0.76-0.06-0.890.6-0.040.24-0.88-0.13-0.15-0.81-0.07-0.74-0.11-0.44-0.86-0.87-0.71-0.42-0.86
0.69-0.410.960.660.8-0.27-0.760.240.8-0.710.22-0.110.720.42-0.020.960.240.62-0.180.660.720.830.710.470.72
0.73-0.350.230.750.1-0.99-0.060.240.1-0.161.00.540.040.240.470.211.00.190.010.520.020.090.330.510.05
0.69-0.530.860.671.0-0.16-0.890.80.1-0.750.08-0.290.950.29-0.10.860.10.940.060.660.891.00.880.660.91
-0.580.21-0.7-0.57-0.750.190.6-0.71-0.16-0.75-0.130.15-0.7-0.420.23-0.71-0.15-0.790.1-0.63-0.69-0.76-0.72-0.54-0.7
0.72-0.350.220.740.08-0.99-0.040.221.00.08-0.130.560.020.220.490.191.00.170.030.50.00.070.30.490.03
0.19-0.09-0.130.21-0.29-0.520.24-0.110.54-0.290.150.56-0.25-0.160.3-0.150.56-0.240.2-0.1-0.27-0.31-0.2-0.09-0.24
0.6-0.540.790.580.95-0.11-0.880.720.040.95-0.70.02-0.250.060.010.790.040.890.070.470.890.930.760.490.93
0.40.070.350.390.29-0.22-0.130.420.240.29-0.420.22-0.160.06-0.370.350.240.32-0.170.710.160.360.530.640.13
0.27-0.550.110.28-0.09-0.49-0.15-0.020.47-0.10.230.490.30.01-0.370.070.48-0.170.41-0.080.0-0.14-0.08-0.050.02
0.7-0.461.00.660.86-0.24-0.810.960.210.86-0.710.19-0.150.790.350.070.210.70.060.670.770.890.770.530.78
0.74-0.360.240.760.11-0.99-0.070.241.00.1-0.151.00.560.040.240.480.210.190.030.520.030.10.330.520.06
0.7-0.440.70.70.93-0.26-0.740.620.190.94-0.790.17-0.240.890.32-0.170.70.190.10.680.810.920.890.760.84
0.09-0.240.080.080.07-0.03-0.11-0.180.010.060.10.030.20.07-0.170.410.060.030.10.040.090.030.140.210.1
0.81-0.190.670.80.66-0.54-0.440.660.520.66-0.630.5-0.10.470.71-0.080.670.520.680.040.540.70.880.920.54
0.67-0.470.770.650.89-0.08-0.860.720.020.89-0.690.0-0.270.890.160.00.770.030.810.090.540.880.840.560.99
0.69-0.480.880.670.99-0.15-0.870.830.091.0-0.760.07-0.310.930.36-0.140.890.10.920.030.70.880.890.670.89
0.85-0.380.760.840.88-0.37-0.710.710.330.88-0.720.3-0.20.760.53-0.080.770.330.890.140.880.840.890.910.84
0.81-0.250.530.820.65-0.54-0.420.470.510.66-0.540.49-0.090.490.64-0.050.530.520.760.210.920.560.670.910.56
0.68-0.480.780.660.91-0.12-0.860.720.050.91-0.70.03-0.240.930.130.020.780.060.840.10.540.990.890.840.56
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Outcrop Gold Account Relationship Matchups

Outcrop Gold balance sheet Accounts

201920202021202220232024 (projected)
Total Assets11.0M9.4M6.0M8.9M10.3M6.5M
Total Current Liabilities532.1K675.6K836.9K507.7K583.9K613.1K
Total Stockholder Equity10.4M8.7M5.2M8.4M9.7M6.2M
Property Plant And Equipment Net4.6M4.5M4.6M5.3M6.1M6.4M
Net Debt(6.0M)(4.5M)(1.2M)(3.2M)(3.7M)(3.9M)
Retained Earnings(51.2M)(64.0M)(75.4M)(84.9M)(76.4M)(72.6M)
Accounts Payable419.3K642.5K786.5K379.2K436.0K457.8K
Cash6.0M4.5M1.2M3.2M2.9M3.4M
Non Current Assets Total4.6M4.5M4.6M5.3M6.1M6.4M
Cash And Short Term Investments6.0M4.5M1.2M3.2M2.9M3.5M
Net Receivables44.4K39.0K30.7K40.0K36.0K34.2K
Common Stock Shares Outstanding64.9M118.9M145.9M199.1M229.0M240.4M
Liabilities And Stockholders Equity11.0M9.4M6.0M8.9M10.3M6.5M
Other Stockholder Equity16.9M21.2M24.6M27.6M31.7M24.9M
Total Liab532.1K675.6K851.9K507.7K583.9K613.1K
Total Current Assets6.3M4.9M1.4M3.7M3.3M3.6M
Accumulated Other Comprehensive Income(46.0)(2.4K)(1.7K)(1.2K)(1.3K)(1.3K)
Other Current Assets329.7K230.0K119.6K326.2K375.1K393.8K
Other Current Liab112.7K33.1K37.8K111.9K128.7K78.1K
Net Tangible Assets1.5M10.4M8.7M5.2M5.9M5.1M
Common Stock44.7M51.6M56.0M65.7M75.6M45.9M
Property Plant Equipment1.3M4.6M4.5M4.6M5.3M5.6M
Net Invested Capital10.4M8.7M5.2M8.4M9.7M5.9M
Net Working Capital5.8M4.2M552.7K3.1M3.6M2.4M
Capital Stock44.7M51.6M56.0M65.7M75.6M52.0M

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Additional Tools for Outcrop Stock Analysis

When running Outcrop Gold's price analysis, check to measure Outcrop 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 Outcrop Gold is operating at the current time. Most of Outcrop Gold's value examination focuses on studying past and present price action to predict the probability of Outcrop 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 Outcrop Gold's price. Additionally, you may evaluate how the addition of Outcrop Gold to your portfolios can decrease your overall portfolio volatility.