Platinum Historical Balance Sheet

PTM Stock

CAD 2.39 0.16 7.17%

Trend analysis of Platinum Group Metals balance sheet accounts such as Accounts Payable of 1.4 M, Cash of 7.6 M, Non Current Assets Total of 46.4 M or Other Assets of 0.0 provides information on Platinum Group's total assets, liabilities, and equity, which is the actual value of Platinum Group Metals to its prevalent stockholders. By breaking down trends over time using Platinum Group 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

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Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Platinum Group Metals 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 Group Metals is a good buy for the upcoming year.

Platinum Group Inventory

(234,887)

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Platinum Group Metals. 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 Group Metals at a specified time, usually calculated after every quarter, six months, or one year. Platinum Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Platinum Group 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 Group Balance Sheet Chart

At this time, Platinum Group's Common Stock Shares Outstanding is very stable compared to the past year. As of the 2nd of December 2024, Other Stockholder Equity is likely to grow to about 46.1 M, while Total Assets are likely to drop about 54.6 M.

Total Assets Property Plant And Equipment Net Accounts Payable Common Stock Net Invested Capital

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Total Assets

Total assets refers to the total amount of Platinum Group 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 Group Metals 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.

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.

Accounts Payable

An accounting item on the balance sheet that represents Platinum Group 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 Platinum Group Metals 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.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most accounts from Platinum Group's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Platinum Group Metals 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 Group Metals. 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)
Total Current Liabilities	1.1M	1.4M	1.6M	1.5M
Total Assets	53.7M	50.0M	57.5M	54.6M

Total Current Liabilities Total Assets

Platinum Group balance sheet Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Liab	Current Deferred Revenue	Short Term Debt	Short Long Term Debt Total	Non Currrent Assets Other	Intangible Assets	Common Stock Total Equity
Total Assets		0.45	0.99	0.98	-0.44	0.73	0.87	0.71	0.99	0.7	0.92	-0.56	0.1	0.23	-0.09	-0.25	0.3	0.98	0.66	-0.13	-0.29	0.6	0.68	0.48	0.24	-0.42
Total Current Liabilities	0.45		0.34	0.39	0.3	0.18	0.66	0.22	0.39	0.21	0.41	-0.44	0.52	0.44	0.69	-0.13	0.84	0.39	0.56	0.33	-0.28	0.88	0.72	0.44	0.23	0.0
Total Stockholder Equity	0.99	0.34		0.98	-0.53	0.77	0.81	0.72	0.98	0.71	0.92	-0.51	-0.04	0.13	-0.19	-0.26	0.15	0.98	0.62	-0.26	-0.22	0.52	0.58	0.42	0.18	-0.47
Property Plant And Equipment Net	0.98	0.39	0.98		-0.37	0.7	0.77	0.6	1.0	0.59	0.88	-0.51	0.11	0.25	-0.18	-0.21	0.27	1.0	0.52	-0.1	-0.27	0.52	0.6	0.57	0.22	-0.37
Net Debt	-0.44	0.3	-0.53	-0.37		-0.49	-0.4	-0.81	-0.38	-0.8	-0.54	0.07	0.67	0.48	0.5	0.14	0.58	-0.37	-0.52	0.76	-0.02	0.03	0.03	0.35	0.02	0.48
Retained Earnings	0.73	0.18	0.77	0.7	-0.49		0.62	0.57	0.72	0.56	0.65	-0.73	-0.1	0.1	-0.14	-0.72	0.03	0.7	0.49	-0.33	0.35	0.42	0.48	0.28	-0.31	-0.89
Accounts Payable	0.87	0.66	0.81	0.77	-0.4	0.62		0.83	0.77	0.82	0.89	-0.64	0.25	0.28	0.25	-0.3	0.49	0.77	0.93	-0.02	-0.3	0.75	0.81	0.27	0.25	-0.39
Cash	0.71	0.22	0.72	0.6	-0.81	0.57	0.83		0.61	1.0	0.81	-0.4	-0.18	-0.09	-0.15	-0.24	0.0	0.6	0.88	-0.38	-0.2	0.4	0.46	-0.06	0.17	-0.44
Non Current Assets Total	0.99	0.39	0.98	1.0	-0.38	0.72	0.77	0.61		0.6	0.87	-0.52	0.1	0.24	-0.18	-0.23	0.26	1.0	0.53	-0.11	-0.27	0.53	0.61	0.56	0.22	-0.4
Cash And Short Term Investments	0.7	0.21	0.71	0.59	-0.8	0.56	0.82	1.0	0.6		0.81	-0.42	-0.16	-0.08	-0.16	-0.24	0.01	0.59	0.88	-0.36	-0.21	0.4	0.47	-0.06	0.17	-0.44
Net Receivables	0.92	0.41	0.92	0.88	-0.54	0.65	0.89	0.81	0.87	0.81		-0.54	0.03	0.21	-0.06	-0.25	0.23	0.88	0.78	-0.19	-0.23	0.55	0.63	0.21	0.19	-0.38
Common Stock Shares Outstanding	-0.56	-0.44	-0.51	-0.51	0.07	-0.73	-0.64	-0.4	-0.52	-0.42	-0.54		-0.45	-0.62	-0.21	0.84	-0.51	-0.51	-0.51	-0.22	-0.15	-0.59	-0.78	-0.27	0.14	0.67
Non Current Liabilities Total	0.1	0.52	-0.04	0.11	0.67	-0.1	0.25	-0.18	0.1	-0.16	0.03	-0.45		0.79	0.48	-0.11	0.9	0.11	0.09	0.93	-0.3	0.33	0.61	0.5	0.24	0.22
Inventory	0.23	0.44	0.13	0.25	0.48	0.1	0.28	-0.09	0.24	-0.08	0.21	-0.62	0.79		0.27	-0.35	0.72	0.25	0.08	0.77	-0.17	0.38	0.63	0.33	0.13	0.01
Other Current Assets	-0.09	0.69	-0.19	-0.18	0.5	-0.14	0.25	-0.15	-0.18	-0.16	-0.06	-0.21	0.48	0.27		-0.03	0.66	-0.18	0.32	0.35	-0.1	0.59	0.47	-0.04	0.08	0.09
Other Stockholder Equity	-0.25	-0.13	-0.26	-0.21	0.14	-0.72	-0.3	-0.24	-0.23	-0.24	-0.25	0.84	-0.11	-0.35	-0.03		-0.14	-0.21	-0.25	0.02	-0.56	-0.28	-0.36	-0.09	0.43	0.76
Total Liab	0.3	0.84	0.15	0.27	0.58	0.03	0.49	0.0	0.26	0.01	0.23	-0.51	0.9	0.72	0.66	-0.14		0.27	0.34	0.76	-0.33	0.66	0.75	0.54	0.27	0.14
Property Plant And Equipment Gross	0.98	0.39	0.98	1.0	-0.37	0.7	0.77	0.6	1.0	0.59	0.88	-0.51	0.11	0.25	-0.18	-0.21	0.27		0.52	-0.1	-0.27	0.51	0.6	0.57	0.22	-0.37
Total Current Assets	0.66	0.56	0.62	0.52	-0.52	0.49	0.93	0.88	0.53	0.88	0.78	-0.51	0.09	0.08	0.32	-0.25	0.34	0.52		-0.16	-0.25	0.67	0.69	-0.05	0.21	-0.37
Other Current Liab	-0.13	0.33	-0.26	-0.1	0.76	-0.33	-0.02	-0.38	-0.11	-0.36	-0.19	-0.22	0.93	0.77	0.35	0.02	0.76	-0.1	-0.16		-0.24	0.05	0.33	0.43	0.2	0.42
Current Deferred Revenue	-0.29	-0.28	-0.22	-0.27	-0.02	0.35	-0.3	-0.2	-0.27	-0.21	-0.23	-0.15	-0.3	-0.17	-0.1	-0.56	-0.33	-0.27	-0.25	-0.24		-0.31	-0.4	-0.12	-0.87	-0.47
Short Term Debt	0.6	0.88	0.52	0.52	0.03	0.42	0.75	0.4	0.53	0.4	0.55	-0.59	0.33	0.38	0.59	-0.28	0.66	0.51	0.67	0.05	-0.31		0.85	0.24	0.26	-0.3
Short Long Term Debt Total	0.68	0.72	0.58	0.6	0.03	0.48	0.81	0.46	0.61	0.47	0.63	-0.78	0.61	0.63	0.47	-0.36	0.75	0.6	0.69	0.33	-0.4	0.85		0.31	0.33	-0.34
Non Currrent Assets Other	0.48	0.44	0.42	0.57	0.35	0.28	0.27	-0.06	0.56	-0.06	0.21	-0.27	0.5	0.33	-0.04	-0.09	0.54	0.57	-0.05	0.43	-0.12	0.24	0.31		0.09	0.02
Intangible Assets	0.24	0.23	0.18	0.22	0.02	-0.31	0.25	0.17	0.22	0.17	0.19	0.14	0.24	0.13	0.08	0.43	0.27	0.22	0.21	0.2	-0.87	0.26	0.33	0.09		0.53
Common Stock Total Equity	-0.42	0.0	-0.47	-0.37	0.48	-0.89	-0.39	-0.44	-0.4	-0.44	-0.38	0.67	0.22	0.01	0.09	0.76	0.14	-0.37	-0.37	0.42	-0.47	-0.3	-0.34	0.02	0.53

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Platinum Group Account Relationship Matchups

Platinum Group balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	37.4M	51.2M	53.7M	50.0M	57.5M	54.6M
Total Current Liabilities	4.3M	30.3M	1.1M	1.4M	1.6M	1.5M
Total Stockholder Equity	(20.3M)	1.9M	32.5M	25.7M	29.6M	28.1M
Property Plant And Equipment Net	35.4M	44.4M	40.7M	42.2M	48.6M	46.1M
Net Debt	35.4M	21.9M	(12.3M)	(6.7M)	(7.7M)	(8.1M)
Retained Earnings	(746.3M)	(759.8M)	(768.4M)	(774.7M)	(697.3M)	(662.4M)
Accounts Payable	1.4M	2.5M	1.0M	1.3M	1.5M	1.4M
Cash	1.3M	6.1M	12.3M	7.0M	8.0M	7.6M
Non Current Assets Total	35.5M	44.6M	40.9M	42.5M	48.8M	46.4M
Cash And Short Term Investments	1.3M	6.1M	12.3M	7.0M	8.0M	7.6M
Net Receivables	218K	476K	382K	215K	247.3K	234.9K
Common Stock Shares Outstanding	61.5M	71.9M	89.6M	99.9M	114.9M	120.7M
Liabilities And Stockholders Equity	37.4M	51.2M	53.7M	50.0M	57.5M	54.6M
Non Current Liabilities Total	37.3M	1.5M	1.0M	1.3M	1.5M	1.4M
Other Current Assets	385K	71K	52K	563K	647.5K	615.1K
Other Stockholder Equity	28.3M	30.1M	32.1M	33.8M	38.8M	46.1M
Total Liab	41.6M	31.7M	2.1M	2.6M	3.0M	2.9M
Property Plant And Equipment Gross	37.2M	35.4M	40.7M	42.2M	48.6M	46.1M
Total Current Assets	1.9M	6.6M	12.8M	7.6M	8.7M	8.3M
Accumulated Other Comprehensive Income	(164.1M)	(159.2M)	(166.2M)	(170.3M)	(153.3M)	(145.6M)
Other Current Liab	2.9M	27.8K	81K	48K	55.2K	52.4K
Short Long Term Debt Total	36.7M	27.9M	44K	317K	285.3K	271.0K
Non Currrent Assets Other	108K	170K	190K	235K	270.3K	256.7K
Common Stock	861.9M	890.8M	935.0M	937.0M	1.1B	784.6M
Other Liab	3.2M	509K	1.3M	959K	863.1K	819.9K
Net Tangible Assets	(16.6M)	(20.3M)	1.9M	32.5M	29.3M	27.8M
Property Plant Equipment	37.2M	35.4M	44.4M	40.7M	36.7M	34.8M
Capital Surpluse	26.8M	28.3M	30.1M	32.1M	36.9M	29.8M
Long Term Debt Total	34.9M	36.7M	130K	44K	39.6K	37.6K
Long Term Investments	65K	108K	170K	190K	171K	162.5K
Cash And Equivalents	5.6M	1.3M	6.1M	12.3M	11.1M	11.7M
Net Invested Capital	16.3M	29.7M	32.5M	25.7M	23.2M	28.0M

Pair Trading with Platinum Group

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 Platinum Group 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 Platinum Group will appreciate offsetting losses from the drop in the long position's value.

Moving together with Platinum Stock

0.91	AG	First Majestic Silver	Pair Corr
0.91	IE	Ivanhoe Energy	Pair Corr
0.81	FDY	Faraday Copper Corp	Pair Corr

Moving against Platinum Stock

0.38

INFM

Infinico Metals Corp

Pair Corr

The ability to find closely correlated positions to Platinum Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Platinum Group 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 Platinum Group - 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 Platinum Group Metals to buy it.

The correlation of Platinum Group 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 Platinum Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Platinum Group Metals 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 Platinum Group 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

When determining whether Platinum Group Metals is a strong investment it is important to analyze Platinum Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Platinum Group's future performance. For an informed investment choice regarding Platinum Stock, refer to the following important reports:

How To Invest In Platinum

Details

Is Platinum Stock a good investment?

Details

What is Platinum Group's Net Worth?

Details

Largest Other Precious Metals & Mining Companies

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You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Please note, there is a significant difference between Platinum Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Platinum Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Platinum Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Platinum Historical Balance Sheet

Platinum Group Inventory

(234,887)

About Platinum Balance Sheet Analysis

Platinum Group Balance Sheet Chart

Total Assets

Property Plant And Equipment Net

Accounts Payable

Net Invested Capital

Platinum Group balance sheet Correlations

Platinum Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Platinum Group balance sheet Accounts

Pair Trading with Platinum Group

Moving together with Platinum Stock

Moving against Platinum Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets

Common Stock Total Equity	- 0.89	Retained Earnings
Intangible Assets	- 0.87	Current Deferred Revenue
Cash	- 0.81	Net Debt
Cash And Short Term Investments	- 0.8	Net Debt
Short Long Term Debt Total	- 0.78	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.73	Retained Earnings