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.
 
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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.

Argo Blockchain Inventory

(5.64 Million)

  
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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

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.

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.
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 Liabilities11.3M5.2M10.9M11.5M
Total Assets388.3M91.4M75.9M119.9M

Argo Blockchain balance sheet Correlations

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Argo Blockchain Account Relationship Matchups

Argo Blockchain balance sheet Accounts

201920202021202220232024 (projected)
Total Assets32.4M44.5M388.3M91.4M75.9M119.9M
Other Current Liab576.1K568.4K11.3M5.2M10.9M11.5M
Total Current Liabilities5.2M6.0M73.8M20.1M27.6M24.4M
Total Stockholder Equity27.2M33.2M272.4M11.4M156.7K148.8K
Net Tangible Assets20.3M24.0M201.5M9.7M11.1M10.6M
Property Plant And Equipment Net20.2M24.4M151.1M64.3M59.7M59.1M
Net Debt1.2M7.4M57.0M46.3M55.1M27.6M
Retained Earnings(6.5M)29.9M71.3M(141.4M)(190.7M)(181.2M)
Accounts Payable3.2M548.3K20.6M2.8M185.1K175.9K
Cash211.5K2.8M15.9M16.7M7.4M10.9M
Non Current Assets Total28.1M32.4M177.9M68.7M77.1M71.0M
Non Currrent Assets Other6.8M(1.16)109.0M2.6M16.5M25.3M
Cash And Short Term Investments1.6M9.1M124.9M17.0M7.8M7.4M
Net Receivables2.0M1.7M15.9M683K1.9M1.8M
Common Stock Shares Outstanding293.8M344.6M415.2M473.9M503.9M406.5M
Short Term Investments1.4M6.3M109.0M368K385K365.8K
Liabilities And Stockholders Equity32.4M44.5M388.3M91.4M75.9M119.9M
Non Current Liabilities Total4.7M5.3M42.1M59.9M47.8M29.3M
Other Current Assets2.7M472.4K47.4M5.0M7.1M11.5M
Other Stockholder Equity33.3M2.8M200.1M184.3M190.0M116.6M
Total Liab5.2M11.3M115.9M80.0M75.8M52.9M
Net Invested Capital21.8M24.4M255.5M73.9M62.7M84.3M
Property Plant And Equipment Gross15.4M17.9M176.5M177.6M178.5M104.2M
Total Current Assets4.3M12.1M210.4M22.7M14.9M14.2M
Accumulated Other Comprehensive Income178.2K518.1K8.9M8.6M(14.1M)(13.4M)
Net Working Capital(699.1K)4.5M101.2M2.5M(12.7M)(12.0M)
Intangible Assets631.9K501.2K7.5M1.8M776K737.2K
Common Stock385.2K413.5K631.6K478K900.0K568.7K
Property Plant Equipment15.4M17.9M112.0M64.3M73.9M46.6M

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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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Please note, there is a significant difference between Argo Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Argo Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Argo Blockchain'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.