Argo Historical Balance Sheet
ARB Stock | 6.00 0.70 13.21% |
Trend analysis of Argo Blockchain PLC balance sheet accounts such as Other Current Liab of 11.5 M, Total Current Liabilities of 24.4 M or Total Stockholder Equity of 148.8 K provides information on Argo Blockchain's total assets, liabilities, and equity, which is the actual value of Argo Blockchain PLC to its prevalent stockholders. By breaking down trends over time using Argo Blockchain 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 Argo Blockchain PLC 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 Argo Blockchain PLC is a good buy for the upcoming year.
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About Argo Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Argo Blockchain PLC at a specified time, usually calculated after every quarter, six months, or one year. Argo Blockchain Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Argo Blockchain 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 Argo currently owns. An asset can also be divided into two categories, current and non-current.
Argo Blockchain Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Argo Blockchain 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 Argo Blockchain PLC 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 Argo Blockchain balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Argo Blockchain PLC 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.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most accounts from Argo Blockchain's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Argo Blockchain PLC 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Argo Blockchain PLC. 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 present, Argo Blockchain's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 10.9 M, whereas Total Stockholder Equity is forecasted to decline to about 148.8 K.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 11.3M | 5.2M | 10.9M | 11.5M | Total Assets | 388.3M | 91.4M | 75.9M | 119.9M |
Argo Blockchain balance sheet Correlations
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Argo Blockchain balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 32.4M | 44.5M | 388.3M | 91.4M | 75.9M | 119.9M | |
Other Current Liab | 576.1K | 568.4K | 11.3M | 5.2M | 10.9M | 11.5M | |
Total Current Liabilities | 5.2M | 6.0M | 73.8M | 20.1M | 27.6M | 24.4M | |
Total Stockholder Equity | 27.2M | 33.2M | 272.4M | 11.4M | 156.7K | 148.8K | |
Net Tangible Assets | 20.3M | 24.0M | 201.5M | 9.7M | 11.1M | 10.6M | |
Property Plant And Equipment Net | 20.2M | 24.4M | 151.1M | 64.3M | 59.7M | 59.1M | |
Net Debt | 1.2M | 7.4M | 57.0M | 46.3M | 55.1M | 27.6M | |
Retained Earnings | (6.5M) | 29.9M | 71.3M | (141.4M) | (190.7M) | (181.2M) | |
Accounts Payable | 3.2M | 548.3K | 20.6M | 2.8M | 185.1K | 175.9K | |
Cash | 211.5K | 2.8M | 15.9M | 16.7M | 7.4M | 10.9M | |
Non Current Assets Total | 28.1M | 32.4M | 177.9M | 68.7M | 77.1M | 71.0M | |
Non Currrent Assets Other | 6.8M | (1.16) | 109.0M | 2.6M | 16.5M | 25.3M | |
Cash And Short Term Investments | 1.6M | 9.1M | 124.9M | 17.0M | 7.8M | 7.4M | |
Net Receivables | 2.0M | 1.7M | 15.9M | 683K | 1.9M | 1.8M | |
Common Stock Shares Outstanding | 293.8M | 344.6M | 415.2M | 473.9M | 503.9M | 406.5M | |
Short Term Investments | 1.4M | 6.3M | 109.0M | 368K | 385K | 365.8K | |
Liabilities And Stockholders Equity | 32.4M | 44.5M | 388.3M | 91.4M | 75.9M | 119.9M | |
Non Current Liabilities Total | 4.7M | 5.3M | 42.1M | 59.9M | 47.8M | 29.3M | |
Other Current Assets | 2.7M | 472.4K | 47.4M | 5.0M | 7.1M | 11.5M | |
Other Stockholder Equity | 33.3M | 2.8M | 200.1M | 184.3M | 190.0M | 116.6M | |
Total Liab | 5.2M | 11.3M | 115.9M | 80.0M | 75.8M | 52.9M | |
Net Invested Capital | 21.8M | 24.4M | 255.5M | 73.9M | 62.7M | 84.3M | |
Property Plant And Equipment Gross | 15.4M | 17.9M | 176.5M | 177.6M | 178.5M | 104.2M | |
Total Current Assets | 4.3M | 12.1M | 210.4M | 22.7M | 14.9M | 14.2M | |
Accumulated Other Comprehensive Income | 178.2K | 518.1K | 8.9M | 8.6M | (14.1M) | (13.4M) | |
Net Working Capital | (699.1K) | 4.5M | 101.2M | 2.5M | (12.7M) | (12.0M) | |
Intangible Assets | 631.9K | 501.2K | 7.5M | 1.8M | 776K | 737.2K | |
Common Stock | 385.2K | 413.5K | 631.6K | 478K | 900.0K | 568.7K | |
Property Plant Equipment | 15.4M | 17.9M | 112.0M | 64.3M | 73.9M | 46.6M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Argo Blockchain PLC is a strong investment it is important to analyze Argo Blockchain'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 Argo Blockchain's future performance. For an informed investment choice regarding Argo Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argo Blockchain PLC. 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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.