Troilus Historical Balance Sheet

TLG Stock  CAD 0.29  0.01  3.33%   
Trend analysis of Troilus Gold Corp balance sheet accounts such as Accounts Payable of 3.5 K, Cash of 7.6 M, Non Current Assets Total of 6.7 M or Cash And Short Term Investments of 21.6 M provides information on Troilus Gold's total assets, liabilities, and equity, which is the actual value of Troilus Gold Corp to its prevalent stockholders. By breaking down trends over time using Troilus Gold 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 Troilus Gold 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 Troilus Gold Corp is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Troilus Gold 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 Troilus Balance Sheet Analysis

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

Troilus Gold Balance Sheet Chart

At this time, Troilus Gold's Cash And Short Term Investments are very stable compared to the past year. As of the 21st of December 2024, Net Receivables is likely to grow to about 14.4 M, while Net Debt is likely to drop (2.7 M).

Total Current Liabilities

Total Current Liabilities is an item on Troilus Gold balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Troilus Gold 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.

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.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most accounts from Troilus Gold's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Troilus Gold 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Troilus Gold 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, Troilus Gold's Cash And Short Term Investments are very stable compared to the past year. As of the 21st of December 2024, Net Receivables is likely to grow to about 14.4 M, while Net Debt is likely to drop (2.7 M).
 2021 2022 2023 2024 (projected)
Total Current Liabilities9.0M4.0M4.6M4.8M
Total Assets30.7M36.8M42.4M44.5M

Troilus Gold balance sheet Correlations

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0.780.760.72-0.46-0.780.740.50.730.630.780.550.790.570.870.780.770.760.970.790.710.330.120.870.790.78
0.940.760.85-0.58-0.670.280.630.810.850.710.520.810.630.780.830.930.780.690.840.690.580.150.840.820.95
0.760.720.85-0.22-0.70.170.290.780.560.850.390.90.30.50.930.730.820.630.860.810.71-0.050.750.890.71
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-0.55-0.78-0.67-0.70.04-0.39-0.09-0.4-0.35-0.84-0.81-0.85-0.13-0.53-0.83-0.55-0.96-0.68-0.57-0.45-0.640.32-0.8-0.72-0.56
0.380.740.280.17-0.5-0.390.50.290.380.250.270.210.50.720.240.390.260.790.320.26-0.290.050.450.20.44
0.760.50.630.29-1.0-0.090.50.590.920.080.190.170.910.760.220.780.140.570.480.29-0.170.440.50.30.8
0.880.730.810.78-0.55-0.40.290.590.750.690.180.730.690.690.750.850.50.730.950.910.430.50.740.850.78
0.940.630.850.56-0.89-0.350.380.920.750.40.350.50.90.80.530.960.450.660.710.510.230.420.690.570.92
0.680.780.710.85-0.01-0.840.250.080.690.40.510.980.260.490.930.650.890.730.850.810.820.060.770.910.54
0.420.550.520.39-0.16-0.810.270.190.180.350.510.550.10.440.540.450.740.480.240.070.37-0.290.750.460.5
0.750.790.810.9-0.1-0.850.210.170.730.50.980.550.310.540.960.730.930.710.860.80.840.040.820.940.64
0.820.570.630.3-0.9-0.130.50.910.690.90.260.10.310.790.30.830.190.660.630.480.00.660.510.430.75
0.810.870.780.5-0.75-0.530.720.760.690.80.490.440.540.790.570.820.520.840.670.560.090.270.780.610.89
0.760.780.830.93-0.16-0.830.240.220.750.530.930.540.960.30.570.730.90.70.850.820.77-0.070.850.910.68
1.00.770.930.73-0.74-0.550.390.780.850.960.650.450.730.830.820.730.660.780.860.690.450.380.820.770.93
0.660.760.780.82-0.08-0.960.260.140.50.450.890.740.930.190.520.90.660.650.670.550.78-0.230.80.80.63
0.790.970.690.63-0.53-0.680.790.570.730.660.730.480.710.660.840.70.780.650.790.70.250.250.830.720.73
0.890.790.840.86-0.42-0.570.320.480.950.710.850.240.860.630.670.850.860.670.790.940.610.40.760.90.75
0.730.710.690.81-0.24-0.450.260.290.910.510.810.070.80.480.560.820.690.550.70.940.560.360.660.870.58
0.470.330.580.710.24-0.64-0.29-0.170.430.230.820.370.840.00.090.770.450.780.250.610.56-0.040.470.710.3
0.40.120.15-0.05-0.440.320.050.440.50.420.06-0.290.040.660.27-0.070.38-0.230.250.40.36-0.040.060.20.21
0.820.870.840.75-0.46-0.80.450.50.740.690.770.750.820.510.780.850.820.80.830.760.660.470.060.830.83
0.80.790.820.89-0.23-0.720.20.30.850.570.910.460.940.430.610.910.770.80.720.90.870.710.20.830.7
0.920.780.950.71-0.77-0.560.440.80.780.920.540.50.640.750.890.680.930.630.730.750.580.30.210.830.7
Click cells to compare fundamentals

Troilus Gold Account Relationship Matchups

Troilus Gold balance sheet Accounts

201920202021202220232024 (projected)
Total Assets40.0M66.1M30.7M36.8M42.4M44.5M
Total Current Liabilities3.1M7.1M9.0M4.0M4.6M4.8M
Total Stockholder Equity32.3M46.9M17.9M29.9M34.4M36.1M
Property Plant And Equipment Net5.4M5.8M5.9M5.5M6.3M9.5M
Net Debt(28.8M)(52.2M)(8.2M)(2.8M)(2.5M)(2.7M)
Retained Earnings(65.7M)(133.9M)(167.1M)(166.7M)(150.1M)(142.6M)
Accounts Payable2.4K6.5M8.2M3.2K3.6K3.5K
Cash29.9M53.5M9.5M3.9M4.5M7.6M
Non Current Assets Total7.3M6.7M6.7M6.4M5.7M6.7M
Cash And Short Term Investments29.9M53.6M10.0M17.9M20.6M21.6M
Net Receivables2.3M5.4M13.1M11.9M13.7M14.4M
Common Stock Shares Outstanding79.4M133.7M198.3M219.5M252.4M265.1M
Liabilities And Stockholders Equity40.0M66.1M30.7M36.8M42.4M44.5M
Non Current Liabilities Total4.6M12.1M3.7M3.0M3.4M3.3M
Total Liab7.6M19.2M12.8M6.9M8.0M4.0M
Property Plant And Equipment Gross5.4M8.0M9.5M10.3M11.8M10.1M
Total Current Assets32.6M59.5M24.0M30.5M35.0M36.8M
Common Stock87.2M166.1M169.5M184.0M211.6M222.2M
Other Current Liab2.6M6.6M8.3M3.3M3.8M4.0M
Other Stockholder Equity7.0M10.8M14.7M15.6M14.0M18.6M
Other Current Assets455.8K514.9K852.3K666.2K766.2K804.5K
Accumulated Other Comprehensive Income10.8M14.7M15.6M12.6M14.5M15.2M
Short Long Term Debt Total1.1M1.2M1.3M1.1M1.2M795.3K
Short Term Debt501.5K518.7K702.6K688.4K791.6K831.2K
Long Term Debt Total587.8K712K554.2K384.3K441.9K333.4K
Net Tangible Assets7.4M32.3M46.9M17.9M20.6M22.2M
Other Liab3.6M4.0M11.4M3.2M2.9M4.7M
Current Deferred Revenue(2.4K)(6.5K)(8.2K)(3.2K)(3.6K)(3.8K)
Capital Lease Obligations1.1M1.2M1.3M1.1M1.2M886.6K
Net Invested Capital32.3M46.9M17.9M29.9M34.4M27.9M
Capital Stock87.2M166.1M169.5M184.0M211.6M127.0M
Cash And Equivalents29.9M53.5M9.5M3.9M3.5M3.3M
Net Working Capital29.6M52.4M14.9M26.5M30.5M27.5M
Property Plant Equipment5.4M5.8M5.9M5.5M6.3M4.8M

Pair Trading with Troilus Gold

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 Troilus Gold 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 Troilus Gold will appreciate offsetting losses from the drop in the long position's value.

Moving against Troilus Stock

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

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