Guardian Historical Balance Sheet
GCG Stock | CAD 44.00 0.50 1.15% |
Trend analysis of Guardian Capital Group balance sheet accounts such as Other Current Liabilities of 62.6 M or Total Current Liabilities of 434.8 M provides information on Guardian Capital's total assets, liabilities, and equity, which is the actual value of Guardian Capital to its prevalent stockholders. By breaking down trends over time using Guardian Capital 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 Guardian Capital 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 Guardian Capital is a good buy for the upcoming year.
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About Guardian Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Guardian Capital at a specified time, usually calculated after every quarter, six months, or one year. Guardian Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guardian Capital 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 Guardian currently owns. An asset can also be divided into two categories, current and non-current.
Guardian Capital Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Guardian Capital 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 Guardian Capital 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 Guardian Capital balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Guardian Capital Group 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.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most accounts from Guardian Capital's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Guardian Capital 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardian Capital Group. 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, Guardian Capital's Net Debt is very stable compared to the past year. As of the 29th of December 2024, Retained Earnings is likely to grow to about 1.3 B, while Non Currrent Assets Other are likely to drop 2.18.
2021 | 2022 | 2023 | 2024 (projected) | |
Short and Long Term Debt Total | 129.3M | 157.1M | 158.6M | 166.6M |
Total Assets | 1.4B | 1.4B | 1.7B | 1.8B |
Guardian Capital balance sheet Correlations
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Guardian Capital Account Relationship Matchups
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Guardian Capital balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.2B | 1.4B | 1.4B | 1.7B | 1.8B | |
Short Long Term Debt Total | 128.8M | 109.2M | 129.3M | 157.1M | 158.6M | 166.6M | |
Other Current Liab | 14.3M | 59.1M | 121.0M | 235.8M | 59.6M | 62.6M | |
Total Current Liabilities | 348.2M | 353.8M | 482.9M | 509.5M | 414.1M | 434.8M | |
Total Stockholder Equity | 694.2M | 717.7M | 852.6M | 782.9M | 1.2B | 1.3B | |
Property Plant And Equipment Net | 18.5M | 16.1M | 16.6M | 25.3M | 22.2M | 23.3M | |
Net Debt | 94.6M | 67.5M | 52.2M | 102.2M | 86.2M | 90.5M | |
Retained Earnings | 658.1M | 681.0M | 822.2M | 733.3M | 1.2B | 1.3B | |
Cash | 34.2M | 41.7M | 77.1M | 54.9M | 72.4M | 76.0M | |
Non Current Assets Total | 872.6M | 870.9M | 1.0B | 825.9M | 1.5B | 1.5B | |
Non Currrent Assets Other | 702.8M | 789.1M | 872.6M | 2.0 | 2.3 | 2.18 | |
Other Assets | 4.9M | 5.3M | 15.7M | 794K | 714.6K | 678.9K | |
Cash And Short Term Investments | 141.5M | 84.9M | 131.6M | 122.3M | 139.3M | 108.0M | |
Common Stock Shares Outstanding | 27.5M | 27.1M | 26.9M | 24.4M | 25.5M | 27.4M | |
Short Term Investments | 107.3M | 43.2M | 54.5M | 67.4M | 66.9M | 79.1M | |
Liabilities And Stockholders Equity | 1.1B | 1.2B | 1.4B | 1.4B | 1.7B | 1.8B | |
Non Current Liabilities Total | 87.6M | 82.0M | 93.2M | 72.4M | 76.0M | 43.7M | |
Other Current Assets | 15.4M | 60.3M | 126.1M | 368.1M | 67.9M | 46.5M | |
Other Stockholder Equity | (8.1M) | (7.4M) | (6.6M) | (7.1M) | (4.1M) | (4.3M) | |
Total Liab | 435.8M | 435.9M | 576.1M | 581.9M | 490.1M | 514.6M | |
Property Plant And Equipment Gross | 18.5M | 16.1M | 37.0M | 37.7M | 35.4M | 37.2M | |
Total Current Assets | 257.4M | 282.7M | 424.6M | 538.9M | 262.3M | 191.6M | |
Accumulated Other Comprehensive Income | 14.1M | 7.3M | 4.9M | 24.1M | 13.4M | 12.7M | |
Short Term Debt | 116.4M | 98.3M | 118.0M | 133.2M | 139.2M | 146.2M | |
Intangible Assets | 129.8M | 161.2M | 168.2M | 96.9M | 85.4M | 89.7M | |
Net Receivables | 100.5M | 137.5M | 166.9M | 48.4M | 55.0M | 76.0M | |
Good Will | 40.6M | 60.2M | 66.6M | 42.5M | 41.6M | 24.8M | |
Common Stock Total Equity | 19.9M | 19.1M | 18.7M | 18.6M | 16.8M | 16.9M | |
Common Stock | 18.7M | 18.6M | 18.1M | 17.6M | 16.8M | 16.3M | |
Accounts Payable | 109.0M | 143.1M | 188.8M | 79.8M | 91.5M | 100.4M | |
Current Deferred Revenue | 106.4M | 43.1M | 53.5M | 59.1M | 50.1M | 60.7M | |
Other Liab | 75.2M | 71.2M | 81.9M | 50.2M | 57.7M | 65.6M | |
Net Tangible Assets | 515.9M | 482.7M | 618.5M | 642.0M | 738.3M | 565.3M | |
Deferred Long Term Liab | 3.6M | 4.5M | 14.9M | 13.6M | 15.6M | 16.4M | |
Long Term Investments | 682.3M | 632.6M | 751.9M | 660.4M | 1.3B | 746.0M | |
Short Long Term Debt | 113.7M | 95.7M | 114.9M | 131.6M | 137.7M | 101.3M | |
Property Plant Equipment | 18.5M | 16.1M | 16.6M | 25.3M | 29.1M | 30.6M | |
Capital Surpluse | 20.0M | 22.1M | 25.1M | 28.5M | 32.7M | 21.4M | |
Treasury Stock | (25.2M) | (28.1M) | (29.5M) | (31.7M) | (28.5M) | (30.0M) |
Pair Trading with Guardian Capital
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 Guardian Capital 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 Guardian Capital will appreciate offsetting losses from the drop in the long position's value.Moving together with Guardian Stock
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Moving against Guardian Stock
The ability to find closely correlated positions to Guardian Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Guardian Capital 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 Guardian Capital - 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 Guardian Capital Group to buy it.
The correlation of Guardian Capital 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 Guardian Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Guardian Capital 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 Guardian Capital 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 Guardian Stock
Balance Sheet is a snapshot of the financial position of Guardian Capital at a specified time, usually calculated after every quarter, six months, or one year. Guardian Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guardian Capital 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 Guardian currently owns. An asset can also be divided into two categories, current and non-current.