Excellon Historical Balance Sheet
EXN Stock | CAD 0.1 0.01 5.00% |
Trend analysis of Excellon Resources balance sheet accounts such as Other Current Liabilities of 6.3 M or Total Current Liabilities of 27 M provides information on Excellon Resources' total assets, liabilities, and equity, which is the actual value of Excellon Resources to its prevalent stockholders. By breaking down trends over time using Excellon Resources 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 Excellon Resources 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 Excellon Resources is a good buy for the upcoming year.
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About Excellon Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Excellon Resources at a specified time, usually calculated after every quarter, six months, or one year. Excellon Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Excellon Resources 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 Excellon currently owns. An asset can also be divided into two categories, current and non-current.
Excellon Resources Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Excellon Resources 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 Excellon Resources 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 Excellon Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Excellon Resources 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.Accounts Payable
An accounting item on the balance sheet that represents Excellon Resources 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 Excellon Resources 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 Excellon Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Excellon Resources 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Excellon Resources. 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, Excellon Resources' Short Term Debt is very stable compared to the past year. As of the 13th of December 2024, Current Deferred Revenue is likely to grow to about 11.2 M, while Total Assets are likely to drop about 15.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 9.7M | 11.5M | 12.0M | 9.3M | Total Assets | 41.6M | 26.7M | 16.6M | 15.8M |
Excellon Resources balance sheet Correlations
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Excellon Resources Account Relationship Matchups
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Excellon Resources balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 55.2M | 73.3M | 41.6M | 26.7M | 16.6M | 15.8M | |
Short Long Term Debt Total | 1.3M | 8.1M | 9.7M | 11.5M | 12.0M | 9.3M | |
Other Current Liab | 4.4M | 3.9M | 28.1M | 28.0M | 6.2M | 6.3M | |
Total Current Liabilities | 9.1M | 12.0M | 34.2M | 46.5M | 25.7M | 27.0M | |
Total Stockholder Equity | 42.2M | 50.4M | (4.5M) | (21.9M) | (9.8M) | (9.3M) | |
Net Debt | (5.1M) | (267K) | 5.6M | 10.0M | 11.3M | 11.9M | |
Retained Earnings | (88.4M) | (104.4M) | (162.2M) | (181.0M) | (174.5M) | (165.7M) | |
Accounts Payable | 2.7M | 4.3M | 4.0M | 4.6M | 4.5M | 3.2M | |
Cash | 6.3M | 8.4M | 4.1M | 1.5M | 691K | 656.5K | |
Cash And Short Term Investments | 6.7M | 10.7M | 4.5M | 1.5M | 744K | 706.8K | |
Common Stock Shares Outstanding | 20.7M | 28.9M | 32.7M | 34.9M | 42.9M | 45.0M | |
Liabilities And Stockholders Equity | 55.2M | 73.3M | 41.6M | 26.7M | 16.6M | 15.8M | |
Non Current Liabilities Total | 3.8M | 10.8M | 11.9M | 2.1M | 748K | 710.6K | |
Other Current Assets | 5.2M | 6.9M | 5.3M | 3.8M | 497K | 472.2K | |
Other Stockholder Equity | 28.7M | 34.0M | 34.6M | 34.8M | 33.7M | 32.4M | |
Total Liab | 13.0M | 22.8M | 46.0M | 48.6M | 26.5M | 16.8M | |
Total Current Assets | 16.8M | 21.8M | 12.2M | 5.9M | 1.2M | 1.2M | |
Accumulated Other Comprehensive Income | (13.0M) | (15.4M) | (15.9M) | (16.7M) | (12.5M) | (11.8M) | |
Property Plant And Equipment Net | 27.5M | 46.3M | 29.3M | 20.7M | 15.4M | 26.3M | |
Non Current Assets Total | 38.4M | 51.5M | 29.3M | 20.7M | 15.4M | 14.6M | |
Non Currrent Assets Other | 34.7M | 38.4M | (29.3M) | (20.7M) | 41K | 39.0K | |
Net Receivables | 2.3M | 1.8M | 326K | 690K | 180K | 171K | |
Short Term Investments | 348K | 2.4M | 454K | 5K | 53K | 50.4K | |
Property Plant And Equipment Gross | 27.5M | 46.3M | 96.0M | 100.6M | 115.7M | 121.4M | |
Short Term Debt | 489K | 405K | 212K | 11.5M | 12.0M | 12.6M | |
Inventory | 2.6M | 2.4M | 2.1M | 1.8M | 303K | 287.9K | |
Common Stock Total Equity | 103.6M | 106.8M | 114.8M | 136.2M | 156.6M | 96.9M | |
Common Stock | 114.8M | 136.2M | 139.0M | 141.1M | 143.4M | 113.5M | |
Other Liab | 2.2M | 3.1M | 3.1M | 2.4M | 2.2M | 3.1M | |
Net Tangible Assets | 40.2M | 42.2M | 50.4M | (4.5M) | (4.0M) | (3.8M) | |
Intangible Assets | 2.7M | 20.5M | 20.3M | 20.5M | 23.6M | 12.1M | |
Property Plant Equipment | 27.5M | 46.3M | 29.3M | 229K | 206.1K | 195.8K | |
Long Term Debt Total | 788K | 7.7M | 9.5M | 47K | 54.1K | 51.3K | |
Capital Surpluse | 28.7M | 34.0M | 34.6M | 34.8M | 40.0M | 29.3M | |
Cash And Equivalents | 6.3M | 8.4M | 4.1M | 1.5M | 1.3M | 1.3M | |
Net Invested Capital | 42.2M | 57.7M | 4.8M | (10.6M) | 2.1M | 2.0M |
Pair Trading with Excellon Resources
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 Excellon Resources 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 Excellon Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Excellon Stock
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0.33 | FFH | Fairfax Financial | PairCorr |
0.33 | FSV | FirstService Corp | PairCorr |
The ability to find closely correlated positions to Excellon Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Excellon Resources 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 Excellon Resources - 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 Excellon Resources to buy it.
The correlation of Excellon Resources 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 Excellon Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Excellon Resources 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 Excellon Resources 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.Other Information on Investing in Excellon Stock
Balance Sheet is a snapshot of the financial position of Excellon Resources at a specified time, usually calculated after every quarter, six months, or one year. Excellon Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Excellon Resources 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 Excellon currently owns. An asset can also be divided into two categories, current and non-current.