Marimaca Historical Balance Sheet

MARI Stock  CAD 4.84  0.03  0.62%   
Trend analysis of Marimaca Copper Corp balance sheet accounts such as Property Plant And Equipment Net of 75.3 M provides information on Marimaca Copper's total assets, liabilities, and equity, which is the actual value of Marimaca Copper Corp to its prevalent stockholders. By breaking down trends over time using Marimaca Copper 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 Marimaca Copper Corp 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 Marimaca Copper Corp is a good buy for the upcoming year.

Marimaca Copper Inventory

(6,625.3)

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marimaca Copper Corp. 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 Marimaca Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Marimaca Copper Corp at a specified time, usually calculated after every quarter, six months, or one year. Marimaca Copper Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Marimaca Copper 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 Marimaca currently owns. An asset can also be divided into two categories, current and non-current.

Marimaca Copper Balance Sheet Chart

At this time, Marimaca Copper's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 29th of November 2024, Other Stockholder Equity is likely to grow to about 36.1 M, while Total Current Liabilities is likely to drop about 1.1 M.

Total Assets

Total assets refers to the total amount of Marimaca Copper 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 Marimaca Copper Corp 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 Marimaca Copper balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Marimaca Copper Corp 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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most accounts from Marimaca Copper's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Marimaca Copper Corp 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marimaca Copper Corp. 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, Marimaca Copper's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 29th of November 2024, Other Stockholder Equity is likely to grow to about 36.1 M, while Total Current Liabilities is likely to drop about 1.1 M.
 2021 2022 2023 2024 (projected)
Total Current Liabilities9.5M561K1.2M1.1M
Total Assets92.8M84.8M95.6M100.4M

Marimaca Copper balance sheet Correlations

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0.13-0.170.120.54-0.290.640.180.140.20.17-0.230.070.31-0.330.980.190.090.770.250.35-0.220.860.290.180.2
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0.980.120.93-0.54-0.89-0.010.691.0-0.130.70.740.93-0.190.530.140.990.790.19-0.60.23-0.44-0.070.830.160.87
-0.630.54-0.8-0.540.390.42-0.67-0.530.14-0.68-0.5-0.610.31-0.720.56-0.52-0.770.340.42-0.28-0.010.61-0.43-0.45-0.54
-0.89-0.29-0.79-0.890.39-0.06-0.67-0.890.02-0.67-0.64-0.950.12-0.29-0.29-0.88-0.76-0.30.45-0.30.48-0.08-0.9-0.28-0.93
-0.040.64-0.23-0.010.42-0.06-0.140.00.21-0.15-0.05-0.150.87-0.360.70.03-0.110.680.180.38-0.190.340.050.04-0.03
0.80.180.740.69-0.67-0.67-0.140.690.071.00.260.74-0.350.560.150.720.920.22-0.130.41-0.130.090.80.580.83
0.980.140.931.0-0.53-0.890.00.69-0.120.70.730.93-0.190.520.150.990.790.2-0.580.22-0.44-0.040.830.140.87
-0.110.2-0.18-0.130.140.020.210.07-0.120.06-0.52-0.160.19-0.150.24-0.05-0.090.370.680.15-0.52-0.070.020.31-0.02
0.810.170.750.7-0.68-0.67-0.151.00.70.060.270.74-0.360.580.140.730.920.21-0.150.41-0.130.080.80.580.83
0.7-0.230.770.74-0.5-0.64-0.050.260.73-0.520.270.72-0.010.5-0.240.660.51-0.27-0.820.02-0.18-0.330.48-0.140.57
0.950.070.920.93-0.61-0.95-0.150.740.93-0.160.740.72-0.270.470.060.920.850.12-0.560.29-0.31-0.070.880.290.94
-0.210.31-0.3-0.190.310.120.87-0.35-0.190.19-0.36-0.01-0.27-0.320.36-0.17-0.240.40.180.45-0.15-0.03-0.170.09-0.21
0.58-0.330.680.53-0.72-0.29-0.360.560.52-0.150.580.50.47-0.32-0.370.50.61-0.34-0.450.05-0.17-0.380.280.110.37
0.130.98-0.180.140.56-0.290.70.150.150.240.14-0.240.060.36-0.370.210.040.870.260.34-0.230.820.310.110.2
0.980.190.910.99-0.52-0.880.030.720.99-0.050.730.660.92-0.170.50.210.80.28-0.530.29-0.47-0.020.840.210.87
0.890.090.870.79-0.77-0.76-0.110.920.79-0.090.920.510.85-0.240.610.040.80.1-0.430.52-0.18-0.070.750.630.82
0.170.77-0.080.190.34-0.30.680.220.20.370.21-0.270.120.4-0.340.870.280.10.310.46-0.20.550.40.190.28
-0.560.25-0.63-0.60.420.450.18-0.13-0.580.68-0.15-0.82-0.560.18-0.450.26-0.53-0.430.310.040.10.25-0.20.14-0.29
0.330.350.240.23-0.28-0.30.380.410.220.150.410.020.290.450.050.340.290.520.460.04-0.070.030.310.810.33
-0.38-0.22-0.31-0.44-0.010.48-0.19-0.13-0.44-0.52-0.13-0.18-0.31-0.15-0.17-0.23-0.47-0.18-0.20.1-0.070.18-0.29-0.11-0.28
-0.050.86-0.31-0.070.61-0.080.340.09-0.04-0.070.08-0.33-0.07-0.03-0.380.82-0.02-0.070.550.250.030.180.15-0.050.05
0.850.290.750.83-0.43-0.90.050.80.830.020.80.480.88-0.170.280.310.840.750.4-0.20.31-0.290.150.290.98
0.310.180.270.16-0.45-0.280.040.580.140.310.58-0.140.290.090.110.110.210.630.190.140.81-0.11-0.050.290.34
0.90.20.830.87-0.54-0.93-0.030.830.87-0.020.830.570.94-0.210.370.20.870.820.28-0.290.33-0.280.050.980.34
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Marimaca Copper Account Relationship Matchups

Marimaca Copper balance sheet Accounts

201920202021202220232024 (projected)
Total Assets58.1M70.0M92.8M84.8M95.6M100.4M
Total Current Liabilities21.2M5.2M9.5M561K1.2M1.1M
Total Stockholder Equity31.5M57.2M83.3M84.3M94.4M99.1M
Property Plant And Equipment Net45.3M55.7M54.2M61.4M71.7M75.3M
Net Debt8.6M(8.2M)(23.8M)(14.6M)(16.6M)(15.7M)
Retained Earnings(120.3M)(118.2M)(137.0M)(139.2M)(146.3M)(139.0M)
Accounts Payable1.1M1.2M397K179K423K401.9K
Cash9.9M13.9M26.8M14.6M16.7M9.1M
Non Current Assets Total47.4M55.7M54.2M65.4M71.9M75.5M
Cash And Short Term Investments9.9M13.9M26.8M14.6M16.7M9.6M
Net Receivables582K448K450K4.8M7.0M7.3M
Common Stock Shares Outstanding60.3M65.6M85.5M88.2M90.5M95.0M
Liabilities And Stockholders Equity58.1M70.0M92.8M84.8M95.6M100.4M
Other Current Assets582.0448.011.8K4.8K7.0K6.6K
Other Stockholder Equity8.2M12.8M27.4M30.6M34.3M36.1M
Total Liab26.5M12.8M9.5M561K1.2M1.1M
Property Plant And Equipment Gross45.5M45.3M55.7M54.6M62.8M65.9M
Total Current Assets10.6M14.3M38.6M19.5M23.7M24.8M
Accumulated Other Comprehensive Income928K719K936K112K65K61.8K
Non Current Liabilities Total5.3M7.6M3.4M179K43K40.9K
Other Current Liab1.7M973K5.1M382K653K1.3M
Short Term Debt18.5M3.0M3.0M0.085K80.8K
Common Stock Total Equity92.6M129.8M142.7M161.9M186.2M99.2M
Inventory186K(448.0)11.3M(4.8K)(7.0K)(6.6K)
Common Stock142.7M161.9M192.0M192.8M206.3M128.6M
Short Long Term Debt Total18.5M5.6M3.0M128K147.2K139.8K
Capital Surpluse8.2M12.8M27.4M30.6M35.1M36.9M
Property Plant Equipment45.3M55.7M54.2M61.4M70.6M45.9M
Other Liab6.6M5.8M5.3M5.0M5.7M5.3M
Net Tangible Assets33.0M31.5M57.2M83.3M95.8M100.6M
Short Long Term Debt19.7M18.5M3.0M3.0M3.4M3.3M
Cash And Equivalents9.9M13.9M26.8M14.6M16.8M13.6M
Net Invested Capital50M62.8M86.3M84.3M94.4M72.5M
Net Working Capital(10.6M)9.1M29.1M18.9M22.5M23.6M
Capital Stock142.7M161.9M192.0M192.8M206.3M188.0M

Pair Trading with Marimaca Copper

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 Marimaca Copper 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 Marimaca Copper will appreciate offsetting losses from the drop in the long position's value.

Moving together with Marimaca Stock

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Moving against Marimaca Stock

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  0.53ORE Orezone Gold CorpPairCorr
The ability to find closely correlated positions to Marimaca Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marimaca Copper 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 Marimaca Copper - 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 Marimaca Copper Corp to buy it.
The correlation of Marimaca Copper 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 Marimaca Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marimaca Copper Corp 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 Marimaca Copper 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 CorrelationCorrelation Matching

Other Information on Investing in Marimaca Stock

Balance Sheet is a snapshot of the financial position of Marimaca Copper Corp at a specified time, usually calculated after every quarter, six months, or one year. Marimaca Copper Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Marimaca Copper 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 Marimaca currently owns. An asset can also be divided into two categories, current and non-current.