Cobalt Historical Balance Sheet

PGP Stock  CAD 0.02  0.01  20.00%   
Trend analysis of Cobalt Power Group balance sheet accounts such as Cash of 6.5 K, Net Receivables of 7.3 K, Other Stockholder Equity of 294.8 K or Total Liab of 142.2 K provides information on Cobalt Power's total assets, liabilities, and equity, which is the actual value of Cobalt Power Group to its prevalent stockholders. By breaking down trends over time using Cobalt Power 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Cobalt Power Group. 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 Cobalt Balance Sheet Analysis

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

Cobalt Power Balance Sheet Chart

At this time, Cobalt Power's Net Tangible Assets are fairly stable compared to the past year. Accounts Payable is likely to climb to about 118.5 K in 2024, whereas Total Current Liabilities is likely to drop slightly above 142.2 K in 2024.

Total Assets

Total assets refers to the total amount of Cobalt Power 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 Cobalt Power Group 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 Cobalt Power balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Cobalt Power Group 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.

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.

Accounts Payable

An accounting item on the balance sheet that represents Cobalt Power 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 Cobalt Power Group 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 Cobalt Power's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Cobalt Power Group 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 Cobalt Power Group. 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, Cobalt Power's Net Tangible Assets are fairly stable compared to the past year. Accounts Payable is likely to climb to about 118.5 K in 2024, whereas Total Current Liabilities is likely to drop slightly above 142.2 K in 2024.
 2021 2022 2023 2024 (projected)
Total Current Liabilities80.2K71.7K164.3K142.2K
Total Assets722.5K102.7K14.5K13.8K

Cobalt Power balance sheet Correlations

0.01.00.940.02-0.030.930.750.210.00.910.08-0.220.150.990.99-0.080.260.28-0.20.230.17
0.0-0.030.11-0.70.970.260.510.641.00.30.72-0.720.9-0.11-0.110.08-0.73-0.640.21-0.24-0.25
1.0-0.030.930.04-0.070.920.730.19-0.030.90.06-0.20.120.990.99-0.080.290.3-0.210.240.17
0.940.110.93-0.090.040.930.830.280.110.920.16-0.290.240.910.91-0.020.170.21-0.030.070.02
0.02-0.70.04-0.09-0.7-0.1-0.17-0.81-0.7-0.12-0.970.96-0.410.070.07-0.40.960.95-0.650.730.5
-0.030.97-0.070.04-0.70.220.460.620.970.260.71-0.720.87-0.14-0.140.12-0.75-0.670.11-0.18-0.15
0.930.260.920.93-0.10.220.920.320.261.00.21-0.340.440.870.870.080.110.19-0.230.270.23
0.750.510.730.83-0.170.460.920.360.510.940.28-0.370.710.650.65-0.01-0.020.1-0.220.260.22
0.210.640.190.28-0.810.620.320.360.640.330.87-0.790.440.150.150.27-0.74-0.710.48-0.47-0.29
0.01.0-0.030.11-0.70.970.260.510.640.30.72-0.720.9-0.11-0.110.08-0.73-0.640.21-0.24-0.25
0.910.30.90.92-0.120.261.00.940.330.30.23-0.360.490.850.850.080.080.17-0.240.280.24
0.080.720.060.16-0.970.710.210.280.870.720.23-0.960.470.010.020.39-0.92-0.90.61-0.63-0.39
-0.22-0.72-0.2-0.290.96-0.72-0.34-0.37-0.79-0.72-0.36-0.96-0.5-0.16-0.16-0.360.870.85-0.510.580.37
0.150.90.120.24-0.410.870.440.710.440.90.490.47-0.50.030.03-0.03-0.44-0.31-0.170.150.12
0.99-0.110.990.910.07-0.140.870.650.15-0.110.850.01-0.160.031.0-0.130.330.32-0.190.210.14
0.99-0.110.990.910.07-0.140.870.650.15-0.110.850.02-0.160.031.0-0.130.320.32-0.190.210.14
-0.080.08-0.08-0.02-0.40.120.08-0.010.270.080.080.39-0.36-0.03-0.13-0.13-0.39-0.320.23-0.27-0.04
0.26-0.730.290.170.96-0.750.11-0.02-0.74-0.730.08-0.920.87-0.440.330.32-0.390.98-0.60.680.45
0.28-0.640.30.210.95-0.670.190.1-0.71-0.640.17-0.90.85-0.310.320.32-0.320.98-0.660.750.53
-0.20.21-0.21-0.03-0.650.11-0.23-0.220.480.21-0.240.61-0.51-0.17-0.19-0.190.23-0.6-0.66-0.94-0.83
0.23-0.240.240.070.73-0.180.270.26-0.47-0.240.28-0.630.580.150.210.21-0.270.680.75-0.940.87
0.17-0.250.170.020.5-0.150.230.22-0.29-0.250.24-0.390.370.120.140.14-0.040.450.53-0.830.87
Click cells to compare fundamentals

Cobalt Power Account Relationship Matchups

Cobalt Power balance sheet Accounts

201920202021202220232024 (projected)
Total Assets360.5K189.5K722.5K102.7K14.5K13.8K
Total Current Liabilities214.2K157.0K80.2K71.7K164.3K142.2K
Total Stockholder Equity146.4K32.5K642.2K31.0K(149.8K)(142.3K)
Net Tangible Assets1.1M146.4K32.5K642.2K578.0K638.7K
Retained Earnings(23.3M)(23.4M)(25.8M)(27.3M)(27.5M)(28.9M)
Accounts Payable256.7K208.0K122.4K74.2K85.3K118.5K
Cash317.4K20.7K677.1K74.3K6.9K6.5K
Net Receivables31.0K5.6K38.2K23.4K7.7K7.3K
Total Liab214.2K157.0K80.2K71.7K164.3K142.2K
Total Current Assets348.4K180.2K715.3K97.7K14.5K13.8K
Other Current Liab21.4K100K34.6K6.0K7.0K6.6K
Non Current Assets Total15.9K12.1K9.3K7.1K5.0K0.0
Net Invested Capital146.4K32.5K642.2K31.0K(149.8K)(142.3K)
Net Working Capital134.3K23.2K635.1K26.0K(149.8K)(142.3K)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Cobalt Stock Analysis

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