Platinum Historical Balance Sheet

PTM Stock   1.05  0.01  0.94%   
Trend analysis of Platinum Asset Management balance sheet accounts such as Accounts Payable of 5.5 M, Cash of 104.6 M, Total Liabilities of 23.2 M or Property Plant Equipment of 3.8 M provides information on Platinum Asset's total assets, liabilities, and equity, which is the actual value of Platinum Asset Management to its prevalent stockholders. By breaking down trends over time using Platinum Asset 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 Platinum Asset Management 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 Platinum Asset Management is a good buy for the upcoming year.

Platinum Asset Inventory

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Platinum Asset Management. 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 Platinum Balance Sheet Analysis

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

Platinum Asset Balance Sheet Chart

At this time, Platinum Asset's Other Current Assets are comparatively stable compared to the past year. Property Plant And Equipment Gross is likely to gain to about 30 M in 2024, whereas Cash is likely to drop slightly above 104.6 M in 2024.

Total Assets

Total assets refers to the total amount of Platinum Asset 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 Platinum Asset Management 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 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.

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.

Cash

Cash refers to the most liquid asset of Platinum Asset Management, which is listed under current asset account on Platinum Asset Management balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Platinum Asset customers. The amounts must be unrestricted with restricted cash listed in a different Platinum Asset account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most accounts from Platinum Asset's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Platinum Asset Management 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Platinum Asset Management. 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, Platinum Asset's Other Current Assets are comparatively stable compared to the past year. Property Plant And Equipment Gross is likely to gain to about 30 M in 2024, whereas Cash is likely to drop slightly above 104.6 M in 2024.
 2021 2022 2023 2024 (projected)
Total Stockholder Equity323.6M328.2M314.2M329.5M
Total Assets352.6M354.3M348.5M369.4M

Platinum Asset balance sheet Correlations

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0.950.80.89-0.20.540.110.81-0.20.330.56-0.190.53-0.28-0.290.1-0.26-0.15-0.13-0.21-0.28-0.30.03-0.080.17-0.12
0.780.80.96-0.320.720.150.83-0.230.40.58-0.230.3-0.43-0.4-0.07-0.67-0.45-0.24-0.31-0.41-0.77-0.16-0.060.1-0.46
0.870.890.96-0.340.780.190.86-0.240.390.57-0.280.27-0.42-0.440.01-0.61-0.41-0.27-0.34-0.44-0.68-0.21-0.070.03-0.38
-0.34-0.2-0.32-0.34-0.48-0.64-0.290.13-0.62-0.440.40.340.250.28-0.510.580.240.390.550.240.370.35-0.150.080.38
0.620.540.720.78-0.480.120.71-0.20.160.21-0.15-0.33-0.2-0.63-0.07-0.6-0.39-0.17-0.22-0.63-0.7-0.660.0-0.44-0.36
0.220.110.150.19-0.640.120.14-0.150.820.58-0.71-0.13-0.29-0.140.82-0.48-0.46-0.42-0.75-0.08-0.17-0.130.060.14-0.02
0.860.810.830.86-0.290.710.140.190.30.50.10.25-0.01-0.640.04-0.42-0.31-0.16-0.03-0.63-0.44-0.390.18-0.22-0.03
-0.2-0.2-0.23-0.240.13-0.2-0.150.19-0.24-0.210.710.060.5-0.34-0.110.170.08-0.220.52-0.340.35-0.240.56-0.360.45
0.410.330.40.39-0.620.160.820.3-0.240.88-0.670.06-0.530.120.75-0.46-0.44-0.44-0.820.17-0.340.13-0.170.46-0.27
0.630.560.580.57-0.440.210.580.5-0.210.88-0.440.29-0.430.080.56-0.44-0.18-0.24-0.570.13-0.320.16-0.230.47-0.29
-0.17-0.19-0.23-0.280.4-0.15-0.710.10.71-0.67-0.440.040.72-0.25-0.520.430.490.350.91-0.270.37-0.220.31-0.430.39
0.370.530.30.270.34-0.33-0.130.250.060.060.290.04-0.140.17-0.070.150.040.020.080.160.160.64-0.090.540.1
-0.15-0.28-0.43-0.420.25-0.2-0.29-0.010.5-0.53-0.430.72-0.14-0.43-0.140.50.50.540.75-0.410.6-0.430.36-0.590.76
-0.38-0.29-0.4-0.440.28-0.63-0.14-0.64-0.340.120.08-0.250.17-0.430.090.410.210.08-0.180.990.240.84-0.390.73-0.24
0.230.1-0.070.01-0.51-0.070.820.04-0.110.750.56-0.52-0.07-0.140.09-0.05-0.18-0.19-0.610.170.140.07-0.090.30.23
-0.28-0.26-0.67-0.610.58-0.6-0.48-0.420.17-0.46-0.440.430.150.50.41-0.050.50.50.520.410.810.38-0.060.070.65
-0.14-0.15-0.45-0.410.24-0.39-0.46-0.310.08-0.44-0.180.490.040.50.21-0.180.50.470.540.230.670.09-0.02-0.080.22
0.0-0.13-0.24-0.270.39-0.17-0.42-0.16-0.22-0.44-0.240.350.020.540.08-0.190.50.470.540.10.30.04-0.3-0.140.28
-0.21-0.21-0.31-0.340.55-0.22-0.75-0.030.52-0.82-0.570.910.080.75-0.18-0.610.520.540.54-0.210.44-0.150.34-0.430.44
-0.36-0.28-0.41-0.440.24-0.63-0.08-0.63-0.340.170.13-0.270.16-0.410.990.170.410.230.1-0.210.270.83-0.40.74-0.21
-0.3-0.3-0.77-0.680.37-0.7-0.17-0.440.35-0.34-0.320.370.160.60.240.140.810.670.30.440.270.240.16-0.030.72
-0.130.03-0.16-0.210.35-0.66-0.13-0.39-0.240.130.16-0.220.64-0.430.840.070.380.090.04-0.150.830.24-0.310.87-0.12
-0.08-0.08-0.06-0.07-0.150.00.060.180.56-0.17-0.230.31-0.090.36-0.39-0.09-0.06-0.02-0.30.34-0.40.16-0.31-0.350.31
0.020.170.10.030.08-0.440.14-0.22-0.360.460.47-0.430.54-0.590.730.30.07-0.08-0.14-0.430.74-0.030.87-0.35-0.24
-0.08-0.12-0.46-0.380.38-0.36-0.02-0.030.45-0.27-0.290.390.10.76-0.240.230.650.220.280.44-0.210.72-0.120.31-0.24
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Platinum Asset Account Relationship Matchups

Platinum Asset balance sheet Accounts

201920202021202220232024 (projected)
Total Assets357.5M384.3M352.6M354.3M348.5M369.4M
Total Stockholder Equity319.0M342.0M323.6M328.2M314.2M329.5M
Other Liab7.3M13.2M6.8M3.9M3.5M3.3M
Retained Earnings173.0M203.0M177.1M177.6M148.8M150.2M
Accounts Payable3.8M3.9M4.3M7.1M8.5M5.5M
Cash105.3M143.3M87.4M86.2M120.4M104.6M
Other Assets2.2M2.0M2.8M3.3M(127.6M)(121.2M)
Total Liab38.5M42.3M29.1M24.7M29.4M23.2M
Property Plant Equipment12.1M9.5M7.0M4.6M5.3M3.8M
Other Current Liab16.3M16.0M9.9M7.2M1.4M1.3M
Total Current Liabilities21.9M21.8M16.2M16.4M11.6M16.8M
Property Plant And Equipment Net12.7M9.5M7.0M4.6M13.8M14.5M
Net Debt(96.5M)(136.2M)(82.2M)(82.9M)(108.1M)(113.5M)
Non Current Assets Total165.3M161.5M142.7M138.5M205.6M215.9M
Cash And Short Term Investments155.2M193.2M177.3M186.1M250.3M250.0M
Net Receivables32.8M25.7M27.1M22.5M14.6M13.8M
Common Stock Shares Outstanding581.5M583.1M582.3M577.8M578.0M637.5M
Liabilities And Stockholders Equity357.5M384.3M352.6M354.3M348.5M353.7M
Other Current Assets106K214K219K3.9M5.6M5.9M
Property Plant And Equipment Gross12.7M16.6M16.7M17.0M28.5M30.0M
Total Current Assets189.9M220.8M207.1M212.5M270.4M282.5M
Accumulated Other Comprehensive Income(572.1M)(575.8M)(560.1M)(551.4M)(530.7M)(557.2M)
Non Current Liabilities Total14.4M18.5M10.0M5.0M15.3M16.0M
Non Currrent Assets Other1.9M1.9M2.6M2.3M(204.7M)(194.5M)
Other Stockholder Equity(33.4M)(36.5M)(44.8M)(49.3M)(49.7M)(52.2M)
Net Tangible Assets318.3M342.0M323.6M328.2M295.4M268.5M
Long Term Investments152.6M152.0M135.7M133.9M190.9M131.7M
Treasury Stock(20.1M)(27.9M)(33.4M)(36.5M)(32.8M)(34.5M)
Long Term Debt Total7.1M5.2M3.2M1.1M1.3M1.2M
Net Invested Capital327.8M349.1M328.8M331.4M326.6M265.5M
Cash And Equivalents105.3M143.3M87.4M86.2M77.6M97.5M
Net Working Capital168.0M199.0M190.9M196.0M176.4M173.1M

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