Platinum Historical Balance Sheet
PLG Stock | USD 1.69 0.02 1.17% |
Trend analysis of Platinum Group Metals balance sheet accounts such as Accounts Payable of 1.4 M, Cash of 7.6 M, Non Current Assets Total of 46.4 M or Other Assets of 0.0 provides information on Platinum Group's total assets, liabilities, and equity, which is the actual value of Platinum Group Metals to its prevalent stockholders. By breaking down trends over time using Platinum Group 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.
Financial Statement Analysis is much more than just reviewing and examining Platinum Group Metals 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 Platinum Group Metals is a good buy for the upcoming year.
Platinum Group Inventory |
|
Platinum |
About Platinum Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Platinum Group Metals at a specified time, usually calculated after every quarter, six months, or one year. Platinum Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Platinum Group 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 Platinum currently owns. An asset can also be divided into two categories, current and non-current.
Platinum Group Balance Sheet Chart
Add Fundamental
Total Assets
Total assets refers to the total amount of Platinum Group 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 Platinum Group Metals 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 Platinum Group balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Platinum Group Metals 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.Accounts Payable
An accounting item on the balance sheet that represents Platinum Group 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 Platinum Group Metals 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 Platinum Group's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Platinum Group Metals 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 Platinum Group Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Platinum Group's Other Liabilities is most likely to decrease significantly in the upcoming years. The Platinum Group's current Net Tangible Assets is estimated to increase to about 66.2 M, while Total Current Liabilities is projected to decrease to roughly 1.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 1.1M | 1.4M | 1.6M | 1.5M | Total Assets | 53.7M | 50.0M | 57.5M | 54.6M |
Platinum Group balance sheet Correlations
Click cells to compare fundamentals
Platinum Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Platinum Group balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 37.4M | 51.2M | 53.7M | 50.0M | 57.5M | 54.6M | |
Total Current Liabilities | 4.3M | 30.3M | 1.1M | 1.4M | 1.6M | 1.5M | |
Total Stockholder Equity | (20.3M) | 1.9M | 32.5M | 25.7M | 29.6M | 28.1M | |
Property Plant And Equipment Net | 35.4M | 44.4M | 40.7M | 42.2M | 48.6M | 46.1M | |
Net Debt | 35.4M | 21.9M | (12.3M) | (6.7M) | (7.7M) | (8.1M) | |
Retained Earnings | (746.3M) | (759.8M) | (768.4M) | (774.7M) | (697.3M) | (662.4M) | |
Accounts Payable | 1.4M | 2.5M | 1.0M | 1.3M | 1.5M | 1.4M | |
Cash | 1.3M | 6.1M | 12.3M | 7.0M | 8.0M | 7.6M | |
Non Current Assets Total | 35.5M | 44.6M | 40.9M | 42.5M | 48.8M | 46.4M | |
Cash And Short Term Investments | 1.3M | 6.1M | 12.3M | 7.0M | 8.0M | 7.6M | |
Net Receivables | 218K | 476K | 382K | 215K | 247.3K | 234.9K | |
Common Stock Shares Outstanding | 61.5M | 71.9M | 89.6M | 99.9M | 114.9M | 120.7M | |
Liabilities And Stockholders Equity | 37.4M | 51.2M | 53.7M | 50.0M | 57.5M | 54.6M | |
Non Current Liabilities Total | 37.3M | 1.5M | 1.0M | 1.3M | 1.5M | 1.4M | |
Other Current Assets | 385K | 71K | 52K | 348K | 400.2K | 380.2K | |
Other Stockholder Equity | 28.3M | 30.1M | 32.1M | 33.8M | 38.8M | 45.2M | |
Total Liab | 41.6M | 31.7M | 2.1M | 2.6M | 3.0M | 2.9M | |
Total Current Assets | 1.9M | 6.6M | 12.8M | 7.6M | 8.7M | 8.3M | |
Accumulated Other Comprehensive Income | (164.1M) | (159.2M) | (166.2M) | (170.3M) | (153.3M) | (145.6M) | |
Non Currrent Assets Other | 108K | 170K | 190K | 235K | 270.3K | 256.7K | |
Other Current Liab | 2.9M | 2.5M | 81K | 48K | 55.2K | 52.4K | |
Other Liab | 3.2M | 509K | 1.3M | 959K | 1.1M | 1.4M | |
Net Tangible Assets | (16.6M) | (20.3M) | 1.9M | 32.5M | 37.4M | 66.2M | |
Long Term Investments | 65K | 108K | 170K | 190K | 218.5K | 341.9K | |
Common Stock | 861.9M | 890.8M | 935.0M | 937.0M | 1.1B | 1.1B | |
Property Plant Equipment | 37.2M | 35.4M | 44.4M | 40.7M | 46.8M | 44.5M | |
Short Long Term Debt Total | 36.7M | 27.9M | 44K | 317K | 285.3K | 271.0K | |
Capital Surpluse | 26.8M | 28.3M | 30.1M | 32.1M | 36.9M | 29.8M | |
Long Term Debt Total | 34.9M | 36.7M | 130K | 44K | 39.6K | 37.6K | |
Cash And Equivalents | 5.6M | 1.3M | 6.1M | 12.3M | 11.1M | 11.7M | |
Net Invested Capital | 16.3M | 29.7M | 32.5M | 25.7M | 23.2M | 28.0M | |
Net Working Capital | (2.4M) | (23.7M) | 11.6M | 6.2M | 5.6M | 5.8M | |
Capital Stock | 861.9M | 890.8M | 935.0M | 937.0M | 1.1B | 971.4M |
Currently Active Assets on Macroaxis
When determining whether Platinum Group Metals is a strong investment it is important to analyze Platinum Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Platinum Group's future performance. For an informed investment choice regarding Platinum Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Platinum Group Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Precious Metals & Minerals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Platinum Group. If investors know Platinum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Platinum Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.06) | Return On Assets (0.11) | Return On Equity (0.12) |
The market value of Platinum Group Metals is measured differently than its book value, which is the value of Platinum that is recorded on the company's balance sheet. Investors also form their own opinion of Platinum Group's value that differs from its market value or its book value, called intrinsic value, which is Platinum Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Platinum Group's market value can be influenced by many factors that don't directly affect Platinum Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Platinum Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Platinum Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Platinum Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.