Troilus Historical Balance Sheet

TLG Stock

CAD 0.32 0.01 3.03%

Trend analysis of Troilus Gold Corp balance sheet accounts such as Accounts Payable of 3.5 K, Cash of 7.6 M, Non Current Assets Total of 6.7 M or Cash And Short Term Investments of 21.6 M provides information on Troilus Gold's total assets, liabilities, and equity, which is the actual value of Troilus Gold Corp to its prevalent stockholders. By breaking down trends over time using Troilus 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.

Cash Flow Balance Sheet Income Statement

Housing Crash

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Covid

Financial Statement Analysis is much more than just reviewing and examining Troilus 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 Troilus Gold Corp is a good buy for the upcoming year.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Troilus 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.

About Troilus Balance Sheet Analysis

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

Troilus Gold Balance Sheet Chart

At this time, Troilus Gold's Cash And Short Term Investments are very stable compared to the past year. As of the 30th of November 2024, Net Receivables is likely to grow to about 14.4 M, while Net Debt is likely to drop (2.7 M).

Total Assets Total Current Liabilities Property Plant And Equipment Net Net Debt Accounts Payable

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Total Assets

Total assets refers to the total amount of Troilus 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 Troilus 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 Troilus 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 Troilus 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.

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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Accounts Payable

An accounting item on the balance sheet that represents Troilus Gold 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 Troilus Gold Corp 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 Troilus Gold's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Troilus 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Troilus 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.

	2021	2022	2023	2024 (projected)
Total Current Liabilities	9.0M	4.0M	4.6M	4.8M
Total Assets	30.7M	36.8M	42.4M	44.5M

Total Current Liabilities Total Assets

Troilus Gold balance sheet Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Current Liab	Other Stockholder Equity	Other Current Assets	Short Term Investments	Non Currrent Assets Other	Short Long Term Debt Total	Short Term Debt	Net Tangible Assets
Total Assets		0.78	0.94	0.76	-0.72	-0.55	0.38	0.76	0.88	0.94	0.68	0.42	0.75	0.82	0.81	0.76	1.0	0.66	0.79	0.89	0.73	0.47	0.4	0.82	0.8	0.92
Total Current Liabilities	0.78		0.76	0.72	-0.46	-0.78	0.74	0.5	0.73	0.63	0.78	0.55	0.79	0.57	0.87	0.78	0.77	0.76	0.97	0.79	0.71	0.33	0.12	0.87	0.79	0.78
Total Stockholder Equity	0.94	0.76		0.85	-0.58	-0.67	0.28	0.63	0.81	0.85	0.71	0.52	0.81	0.63	0.78	0.83	0.93	0.78	0.69	0.84	0.69	0.58	0.15	0.84	0.82	0.95
Property Plant And Equipment Net	0.76	0.72	0.85		-0.22	-0.7	0.17	0.29	0.78	0.56	0.85	0.39	0.9	0.3	0.5	0.93	0.73	0.82	0.63	0.86	0.81	0.71	-0.05	0.75	0.89	0.71
Net Debt	-0.72	-0.46	-0.58	-0.22		0.04	-0.5	-1.0	-0.55	-0.89	-0.01	-0.16	-0.1	-0.9	-0.75	-0.16	-0.74	-0.08	-0.53	-0.42	-0.24	0.24	-0.44	-0.46	-0.23	-0.77
Retained Earnings	-0.55	-0.78	-0.67	-0.7	0.04		-0.39	-0.09	-0.4	-0.35	-0.84	-0.81	-0.85	-0.13	-0.53	-0.83	-0.55	-0.96	-0.68	-0.57	-0.45	-0.64	0.32	-0.8	-0.72	-0.56
Accounts Payable	0.38	0.74	0.28	0.17	-0.5	-0.39		0.5	0.29	0.38	0.25	0.27	0.21	0.5	0.72	0.24	0.39	0.26	0.79	0.32	0.26	-0.29	0.05	0.45	0.2	0.44
Cash	0.76	0.5	0.63	0.29	-1.0	-0.09	0.5		0.59	0.92	0.08	0.19	0.17	0.91	0.76	0.22	0.78	0.14	0.57	0.48	0.29	-0.17	0.44	0.5	0.3	0.8
Non Current Assets Total	0.88	0.73	0.81	0.78	-0.55	-0.4	0.29	0.59		0.75	0.69	0.18	0.73	0.69	0.69	0.75	0.85	0.5	0.73	0.95	0.91	0.43	0.5	0.74	0.85	0.78
Cash And Short Term Investments	0.94	0.63	0.85	0.56	-0.89	-0.35	0.38	0.92	0.75		0.4	0.35	0.5	0.9	0.8	0.53	0.96	0.45	0.66	0.71	0.51	0.23	0.42	0.69	0.57	0.92
Net Receivables	0.68	0.78	0.71	0.85	-0.01	-0.84	0.25	0.08	0.69	0.4		0.51	0.98	0.26	0.49	0.93	0.65	0.89	0.73	0.85	0.81	0.82	0.06	0.77	0.91	0.54
Common Stock Total Equity	0.42	0.55	0.52	0.39	-0.16	-0.81	0.27	0.19	0.18	0.35	0.51		0.55	0.1	0.44	0.54	0.45	0.74	0.48	0.24	0.07	0.37	-0.29	0.75	0.46	0.5
Common Stock Shares Outstanding	0.75	0.79	0.81	0.9	-0.1	-0.85	0.21	0.17	0.73	0.5	0.98	0.55		0.31	0.54	0.96	0.73	0.93	0.71	0.86	0.8	0.84	0.04	0.82	0.94	0.64
Non Current Liabilities Total	0.82	0.57	0.63	0.3	-0.9	-0.13	0.5	0.91	0.69	0.9	0.26	0.1	0.31		0.79	0.3	0.83	0.19	0.66	0.63	0.48	0.0	0.66	0.51	0.43	0.75
Total Liab	0.81	0.87	0.78	0.5	-0.75	-0.53	0.72	0.76	0.69	0.8	0.49	0.44	0.54	0.79		0.57	0.82	0.52	0.84	0.67	0.56	0.09	0.27	0.78	0.61	0.89
Property Plant And Equipment Gross	0.76	0.78	0.83	0.93	-0.16	-0.83	0.24	0.22	0.75	0.53	0.93	0.54	0.96	0.3	0.57		0.73	0.9	0.7	0.85	0.82	0.77	-0.07	0.85	0.91	0.68
Total Current Assets	1.0	0.77	0.93	0.73	-0.74	-0.55	0.39	0.78	0.85	0.96	0.65	0.45	0.73	0.83	0.82	0.73		0.66	0.78	0.86	0.69	0.45	0.38	0.82	0.77	0.93
Common Stock	0.66	0.76	0.78	0.82	-0.08	-0.96	0.26	0.14	0.5	0.45	0.89	0.74	0.93	0.19	0.52	0.9	0.66		0.65	0.67	0.55	0.78	-0.23	0.8	0.8	0.63
Other Current Liab	0.79	0.97	0.69	0.63	-0.53	-0.68	0.79	0.57	0.73	0.66	0.73	0.48	0.71	0.66	0.84	0.7	0.78	0.65		0.79	0.7	0.25	0.25	0.83	0.72	0.73
Other Stockholder Equity	0.89	0.79	0.84	0.86	-0.42	-0.57	0.32	0.48	0.95	0.71	0.85	0.24	0.86	0.63	0.67	0.85	0.86	0.67	0.79		0.94	0.61	0.4	0.76	0.9	0.75
Other Current Assets	0.73	0.71	0.69	0.81	-0.24	-0.45	0.26	0.29	0.91	0.51	0.81	0.07	0.8	0.48	0.56	0.82	0.69	0.55	0.7	0.94		0.56	0.36	0.66	0.87	0.58
Short Term Investments	0.47	0.33	0.58	0.71	0.24	-0.64	-0.29	-0.17	0.43	0.23	0.82	0.37	0.84	0.0	0.09	0.77	0.45	0.78	0.25	0.61	0.56		-0.04	0.47	0.71	0.3
Non Currrent Assets Other	0.4	0.12	0.15	-0.05	-0.44	0.32	0.05	0.44	0.5	0.42	0.06	-0.29	0.04	0.66	0.27	-0.07	0.38	-0.23	0.25	0.4	0.36	-0.04		0.06	0.2	0.21
Short Long Term Debt Total	0.82	0.87	0.84	0.75	-0.46	-0.8	0.45	0.5	0.74	0.69	0.77	0.75	0.82	0.51	0.78	0.85	0.82	0.8	0.83	0.76	0.66	0.47	0.06		0.83	0.83
Short Term Debt	0.8	0.79	0.82	0.89	-0.23	-0.72	0.2	0.3	0.85	0.57	0.91	0.46	0.94	0.43	0.61	0.91	0.77	0.8	0.72	0.9	0.87	0.71	0.2	0.83		0.7
Net Tangible Assets	0.92	0.78	0.95	0.71	-0.77	-0.56	0.44	0.8	0.78	0.92	0.54	0.5	0.64	0.75	0.89	0.68	0.93	0.63	0.73	0.75	0.58	0.3	0.21	0.83	0.7

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Troilus Gold Account Relationship Matchups

Troilus Gold balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	40.0M	66.1M	30.7M	36.8M	42.4M	44.5M
Total Current Liabilities	3.1M	7.1M	9.0M	4.0M	4.6M	4.8M
Total Stockholder Equity	32.3M	46.9M	17.9M	29.9M	34.4M	36.1M
Property Plant And Equipment Net	5.4M	5.8M	5.9M	5.5M	6.3M	9.5M
Net Debt	(28.8M)	(52.2M)	(8.2M)	(2.8M)	(2.5M)	(2.7M)
Retained Earnings	(65.7M)	(133.9M)	(167.1M)	(166.7M)	(150.1M)	(142.6M)
Accounts Payable	2.4K	6.5M	8.2M	3.2K	3.6K	3.5K
Cash	29.9M	53.5M	9.5M	3.9M	4.5M	7.6M
Non Current Assets Total	7.3M	6.7M	6.7M	6.4M	5.7M	6.7M
Cash And Short Term Investments	29.9M	53.6M	10.0M	17.9M	20.6M	21.6M
Net Receivables	2.3M	5.4M	13.1M	11.9M	13.7M	14.4M
Common Stock Shares Outstanding	79.4M	133.7M	198.3M	219.5M	252.4M	265.1M
Liabilities And Stockholders Equity	40.0M	66.1M	30.7M	36.8M	42.4M	44.5M
Non Current Liabilities Total	4.6M	12.1M	3.7M	3.0M	3.4M	3.3M
Total Liab	7.6M	19.2M	12.8M	6.9M	8.0M	4.0M
Property Plant And Equipment Gross	5.4M	8.0M	9.5M	10.3M	11.8M	10.1M
Total Current Assets	32.6M	59.5M	24.0M	30.5M	35.0M	36.8M
Common Stock	87.2M	166.1M	169.5M	184.0M	211.6M	222.2M
Other Current Liab	2.6M	6.6M	8.3M	3.3M	3.8M	4.0M
Other Stockholder Equity	7.0M	10.8M	14.7M	15.6M	14.0M	18.6M
Other Current Assets	455.8K	514.9K	852.3K	666.2K	766.2K	804.5K
Accumulated Other Comprehensive Income	10.8M	14.7M	15.6M	12.6M	14.5M	15.2M
Short Long Term Debt Total	1.1M	1.2M	1.3M	1.1M	1.2M	795.3K
Short Term Debt	501.5K	518.7K	702.6K	688.4K	791.6K	831.2K
Long Term Debt Total	587.8K	712K	554.2K	384.3K	441.9K	333.4K
Net Tangible Assets	7.4M	32.3M	46.9M	17.9M	20.6M	22.2M
Other Liab	3.6M	4.0M	11.4M	3.2M	2.9M	4.7M
Current Deferred Revenue	(2.4K)	(6.5K)	(8.2K)	(3.2K)	(3.6K)	(3.8K)
Capital Lease Obligations	1.1M	1.2M	1.3M	1.1M	1.2M	886.6K
Net Invested Capital	32.3M	46.9M	17.9M	29.9M	34.4M	27.9M
Capital Stock	87.2M	166.1M	169.5M	184.0M	211.6M	127.0M
Cash And Equivalents	29.9M	53.5M	9.5M	3.9M	3.5M	3.3M
Net Working Capital	29.6M	52.4M	14.9M	26.5M	30.5M	27.5M
Property Plant Equipment	5.4M	5.8M	5.9M	5.5M	6.3M	4.8M

Pair Trading with Troilus Gold

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 Troilus Gold 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 Troilus Gold will appreciate offsetting losses from the drop in the long position's value.

Moving against Troilus Stock

0.83	GOOG	Alphabet CDR	Pair Corr
0.81	FDY	Faraday Copper Corp	Pair Corr
0.75	IE	Ivanhoe Energy	Pair Corr
0.66	AMZN	Amazon CDR	Pair Corr
0.63	BOFA	Bank of America	Pair Corr

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

The correlation of Troilus Gold 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 Troilus Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Troilus Gold Corp 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 Troilus Gold 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 Troilus Stock

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Troilus Historical Balance Sheet

About Troilus Balance Sheet Analysis

Troilus Gold Balance Sheet Chart

Total Assets

Total Current Liabilities

Property Plant And Equipment Net

Net Debt

Accounts Payable

Troilus Gold balance sheet Correlations

Troilus Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Troilus Gold balance sheet Accounts

Pair Trading with Troilus Gold

Moving against Troilus Stock

Other Information on Investing in Troilus Stock

COMMON DESTINATIONS

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COMPANY

Total Current Assets	+ 1.0	Total Assets
Common Stock Shares Outstanding	+ 0.98	Net Receivables
Other Current Liab	+ 0.97	Total Current Liabilities
Total Current Assets	+ 0.96	Cash And Short Term Investments
Property Plant And Equipment Gross	+ 0.96	Common Stock Shares Outstanding
Net Tangible Assets	+ 0.95	Total Stockholder Equity

Cash	- 1.0	Net Debt
Common Stock	- 0.96	Retained Earnings
Non Current Liabilities Total	- 0.9	Net Debt
Cash And Short Term Investments	- 0.89	Net Debt
Common Stock Shares Outstanding	- 0.85	Retained Earnings
Net Receivables	- 0.84	Retained Earnings