Excellon Historical Balance Sheet

EXN Stock

CAD 0.10 0.01 9.09%

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.

Cash Flow Balance Sheet Income Statement

Housing Crash

Credit Downgrade

Yuan Drop

Covid

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.

Excellon Resources Inventory

287,850

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.

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

At this time, Excellon Resources' Short Term Debt is very stable compared to the past year. As of the 12th 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.

Short Long Term Debt Total Other Current Liab Total Current Liabilities Retained Earnings

Add Fundamental

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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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.

	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

Short Long Term Debt Total Total Assets

Excellon Resources balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Short Term Investments	Property Plant And Equipment Gross	Short Term Debt	Inventory	Current Deferred Revenue
Total Assets		-0.32	-0.21	-0.39	0.88	-0.62	0.37	-0.03	0.57	0.71	-0.29	0.26	0.52	0.22	-0.21	0.93	0.85	0.97	-0.24	0.66	0.48	0.69	-0.35	-0.46	0.76	0.4
Short Long Term Debt Total	-0.32		0.65	0.87	-0.66	0.74	-0.88	0.59	-0.3	-0.32	0.87	0.17	-0.06	0.25	0.82	-0.42	-0.03	-0.33	-0.4	-0.73	-0.38	-0.23	0.9	0.71	-0.25	0.42
Other Current Liab	-0.21	0.65		0.89	-0.6	0.42	-0.74	0.19	-0.1	-0.16	0.58	0.19	0.3	0.3	0.91	-0.18	-0.11	-0.27	-0.29	-0.53	-0.4	-0.39	0.62	0.28	0.02	0.17
Total Current Liabilities	-0.39	0.87	0.89		-0.76	0.66	-0.92	0.36	-0.26	-0.33	0.83	0.05	0.1	0.29	0.91	-0.42	-0.18	-0.43	-0.26	-0.68	-0.48	-0.46	0.86	0.64	-0.2	0.34
Total Stockholder Equity	0.88	-0.66	-0.6	-0.76		-0.76	0.72	-0.24	0.52	0.65	-0.6	0.01	0.29	0.04	-0.64	0.83	0.71	0.89	-0.08	0.78	0.55	0.72	-0.63	-0.56	0.59	0.13
Net Debt	-0.62	0.74	0.42	0.66	-0.76		-0.7	0.43	-0.85	-0.86	0.69	0.0	-0.16	-0.38	0.55	-0.8	-0.35	-0.54	-0.07	-0.72	-0.19	-0.5	0.7	0.6	-0.32	0.1
Retained Earnings	0.37	-0.88	-0.74	-0.92	0.72	-0.7		-0.35	0.26	0.34	-0.96	-0.13	-0.13	-0.26	-0.84	0.41	0.21	0.43	0.06	0.57	0.48	0.56	-0.86	-0.62	0.23	-0.48
Accounts Payable	-0.03	0.59	0.19	0.36	-0.24	0.43	-0.35		-0.26	-0.25	0.32	0.33	-0.04	-0.04	0.45	-0.18	0.06	-0.02	-0.12	-0.23	-0.05	0.15	0.35	0.37	0.22	0.45
Cash	0.57	-0.3	-0.1	-0.26	0.52	-0.85	0.26	-0.26		0.97	-0.24	0.12	0.19	0.77	-0.16	0.79	0.39	0.42	-0.12	0.47	-0.11	0.41	-0.3	-0.32	0.17	0.16
Cash And Short Term Investments	0.71	-0.32	-0.16	-0.33	0.65	-0.86	0.34	-0.25	0.97		-0.29	0.17	0.22	0.71	-0.2	0.87	0.56	0.58	-0.23	0.51	0.06	0.56	-0.33	-0.36	0.28	0.19
Common Stock Shares Outstanding	-0.29	0.87	0.58	0.83	-0.6	0.69	-0.96	0.32	-0.24	-0.29		0.04	0.08	0.29	0.7	-0.37	-0.07	-0.34	-0.13	-0.56	-0.44	-0.45	0.9	0.68	-0.27	0.56
Non Current Liabilities Total	0.26	0.17	0.19	0.05	0.01	0.0	-0.13	0.33	0.12	0.17	0.04		0.29	-0.05	0.42	0.32	0.09	0.19	0.08	0.18	0.18	0.05	-0.13	-0.42	0.38	0.17
Other Current Assets	0.52	-0.06	0.3	0.1	0.29	-0.16	-0.13	-0.04	0.19	0.22	0.08	0.29		0.0	0.25	0.5	0.35	0.5	0.09	0.3	-0.09	-0.13	-0.15	-0.49	0.67	0.18
Other Stockholder Equity	0.22	0.25	0.3	0.29	0.04	-0.38	-0.26	-0.04	0.77	0.71	0.29	-0.05	0.0		0.25	0.38	0.3	0.09	-0.39	-0.09	-0.43	0.22	0.31	0.22	-0.1	0.32
Total Liab	-0.21	0.82	0.91	0.91	-0.64	0.55	-0.84	0.45	-0.16	-0.2	0.7	0.42	0.25	0.25		-0.21	-0.14	-0.27	-0.22	-0.51	-0.35	-0.38	0.67	0.36	0.03	0.32
Total Current Assets	0.93	-0.42	-0.18	-0.42	0.83	-0.8	0.41	-0.18	0.79	0.87	-0.37	0.32	0.5	0.38	-0.21		0.69	0.85	-0.13	0.72	0.36	0.6	-0.47	-0.58	0.63	0.27
Property Plant And Equipment Net	0.85	-0.03	-0.11	-0.18	0.71	-0.35	0.21	0.06	0.39	0.56	-0.07	0.09	0.35	0.3	-0.14	0.69		0.89	-0.63	0.24	0.32	0.77	0.0	-0.16	0.56	0.38
Non Current Assets Total	0.97	-0.33	-0.27	-0.43	0.89	-0.54	0.43	-0.02	0.42	0.58	-0.34	0.19	0.5	0.09	-0.27	0.85	0.89		-0.32	0.59	0.53	0.73	-0.36	-0.46	0.77	0.31
Non Currrent Assets Other	-0.24	-0.4	-0.29	-0.26	-0.08	-0.07	0.06	-0.12	-0.12	-0.23	-0.13	0.08	0.09	-0.39	-0.22	-0.13	-0.63	-0.32		0.5	-0.02	-0.59	-0.42	-0.24	0.01	-0.01
Other Assets	0.66	-0.73	-0.53	-0.68	0.78	-0.72	0.57	-0.23	0.47	0.51	-0.56	0.18	0.3	-0.09	-0.51	0.72	0.24	0.59	0.5		0.51	0.29	-0.74	-0.59	0.57	0.21
Net Receivables	0.48	-0.38	-0.4	-0.48	0.55	-0.19	0.48	-0.05	-0.11	0.06	-0.44	0.18	-0.09	-0.43	-0.35	0.36	0.32	0.53	-0.02	0.51		0.53	-0.41	-0.26	0.35	0.09
Short Term Investments	0.69	-0.23	-0.39	-0.46	0.72	-0.5	0.56	0.15	0.41	0.56	-0.45	0.05	-0.13	0.22	-0.38	0.6	0.77	0.73	-0.59	0.29	0.53		-0.26	-0.16	0.36	0.13
Property Plant And Equipment Gross	-0.35	0.9	0.62	0.86	-0.63	0.7	-0.86	0.35	-0.3	-0.33	0.9	-0.13	-0.15	0.31	0.67	-0.47	0.0	-0.36	-0.42	-0.74	-0.41	-0.26		0.81	-0.36	0.46
Short Term Debt	-0.46	0.71	0.28	0.64	-0.56	0.6	-0.62	0.37	-0.32	-0.36	0.68	-0.42	-0.49	0.22	0.36	-0.58	-0.16	-0.46	-0.24	-0.59	-0.26	-0.16	0.81		-0.51	0.39
Inventory	0.76	-0.25	0.02	-0.2	0.59	-0.32	0.23	0.22	0.17	0.28	-0.27	0.38	0.67	-0.1	0.03	0.63	0.56	0.77	0.01	0.57	0.35	0.36	-0.36	-0.51		0.31
Current Deferred Revenue	0.4	0.42	0.17	0.34	0.13	0.1	-0.48	0.45	0.16	0.19	0.56	0.17	0.18	0.32	0.32	0.27	0.38	0.31	-0.01	0.21	0.09	0.13	0.46	0.39	0.31

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Excellon Resources Account Relationship Matchups

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

0.45	WCN	Waste Connections	Pair Corr
0.31	BYD	Boyd Group Services	Pair Corr

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.

Pair Correlation Correlation Matching

Other Information on Investing in Excellon Stock

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Excellon Historical Balance Sheet

Excellon Resources Inventory

287,850

About Excellon Balance Sheet Analysis

Excellon Resources Balance Sheet Chart

Total Current Liabilities

Retained Earnings

Excellon Resources balance sheet Correlations

Excellon Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Excellon Resources balance sheet Accounts

Pair Trading with Excellon Resources

Moving against Excellon Stock

Other Information on Investing in Excellon Stock

COMMON DESTINATIONS

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Non Current Assets Total	+ 0.97	Total Assets
Cash And Short Term Investments	+ 0.97	Cash
Total Current Assets	+ 0.93	Total Assets
Total Liab	+ 0.91	Other Current Liab
Total Liab	+ 0.91	Total Current Liabilities
Property Plant And Equipment Gross	+ 0.9	Short Long Term Debt Total

Common Stock Shares Outstanding	- 0.96	Retained Earnings
Retained Earnings	- 0.92	Total Current Liabilities
Retained Earnings	- 0.88	Short Long Term Debt Total
Property Plant And Equipment Gross	- 0.86	Retained Earnings
Cash And Short Term Investments	- 0.86	Net Debt
Cash	- 0.85	Net Debt