Wallbridge Historical Balance Sheet
WM Stock | CAD 0.06 0.01 14.29% |
Trend analysis of Wallbridge Mining balance sheet accounts such as Total Assets of 347.7 M, Short Long Term Debt Total of 25 K, Total Current Liabilities of 9.9 M or Total Stockholder Equity of 310.8 M provides information on Wallbridge Mining's total assets, liabilities, and equity, which is the actual value of Wallbridge Mining to its prevalent stockholders. By breaking down trends over time using Wallbridge Mining 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 Wallbridge Mining 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 Wallbridge Mining is a good buy for the upcoming year.
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About Wallbridge Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Wallbridge Mining at a specified time, usually calculated after every quarter, six months, or one year. Wallbridge Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Wallbridge Mining 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 Wallbridge currently owns. An asset can also be divided into two categories, current and non-current.
Wallbridge Mining Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Wallbridge Mining 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 Wallbridge Mining 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 Wallbridge Mining balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Wallbridge Mining 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.Liabilities And Stockholders Equity
The total of all liabilities and equity in the company, which should equal the company's total assets according to the accounting equation.Most accounts from Wallbridge Mining's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Wallbridge Mining 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wallbridge Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, Wallbridge Mining's Non Current Assets Total are very stable compared to the past year. As of the 22nd of December 2024, Cash And Short Term Investments is likely to grow to about 31.3 M, while Short and Long Term Debt Total is likely to drop about 25 K.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 98.6K | 40.5K | 26.3K | 25.0K | Total Assets | 350.1M | 320.1M | 331.2M | 347.7M |
Wallbridge Mining balance sheet Correlations
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Wallbridge Mining Account Relationship Matchups
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Wallbridge Mining balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 115.7M | 329.2M | 350.1M | 320.1M | 331.2M | 347.7M | |
Short Long Term Debt Total | 889.0K | 227.4K | 98.6K | 40.5K | 26.3K | 25.0K | |
Total Current Liabilities | 9.0M | 10.7M | 14.0M | 8.0M | 9.5M | 9.9M | |
Total Stockholder Equity | 103.3M | 309.8M | 320.1M | 289.2M | 296.0M | 310.8M | |
Property Plant And Equipment Net | 48.8M | 218.1M | 273.5M | 267.0M | 284.8M | 299.0M | |
Net Debt | (56.2M) | (84.8M) | (38.8M) | (23.6M) | (29.8M) | (28.3M) | |
Retained Earnings | (54.5M) | (74.4M) | (82.3M) | (113.8M) | (124.3M) | (118.0M) | |
Accounts Payable | 5.1M | 6.0M | 10.6M | 2.9M | 2.0M | 2.6M | |
Cash | 57.1M | 85.0M | 38.9M | 23.7M | 29.8M | 31.3M | |
Non Current Assets Total | 57.1M | 231.3M | 278.0M | 277.9M | 289.0M | 303.5M | |
Non Currrent Assets Other | 6.0M | 12.0M | 3.3M | 5.9M | 3.3M | 2.8M | |
Cash And Short Term Investments | 57.1M | 85.9M | 39.1M | 23.7M | 29.8M | 31.3M | |
Net Receivables | 1.4M | 11.7M | 32.6M | 15.5M | 9.2M | 9.6M | |
Common Stock Shares Outstanding | 466.8M | 689.1M | 808.1M | 872.9M | 941.5M | 988.6M | |
Liabilities And Stockholders Equity | 115.7M | 329.2M | 350.1M | 320.1M | 331.2M | 347.7M | |
Non Current Liabilities Total | 3.4M | 8.6M | 16.0M | 22.9M | 25.7M | 27.0M | |
Other Stockholder Equity | 8.0M | 11.9M | 10.9M | 12.3M | 13.6M | 10.0M | |
Total Liab | 12.4M | 19.3M | 30.0M | 30.9M | 35.2M | 36.9M | |
Property Plant And Equipment Gross | 48.8M | 218.1M | 277.2M | 272.1M | 291.5M | 306.1M | |
Total Current Assets | 58.6M | 97.8M | 72.1M | 42.2M | 42.1M | 44.2M | |
Accumulated Other Comprehensive Income | 1.5M | (384.7K) | (96.2K) | (71.0K) | 58.5K | 55.6K | |
Other Current Assets | 120.6K | 182.2K | 433.1K | 2.5M | 3.1M | 3.3M | |
Other Current Liab | 2.8M | 4.5M | 3.4M | 5.1M | 7.5M | 7.8M | |
Short Term Debt | 718.9K | 126.4K | 97.2K | 11.7K | 9.1K | 8.7K | |
Short Term Investments | 120.57 | 842.6K | 115.3K | 52.5K | 649.78 | 617.29 | |
Common Stock Total Equity | 63.8M | 73.9M | 149.4M | 372.4M | 428.2M | 449.6M | |
Common Stock | 149.4M | 372.4M | 391.5M | 390.7M | 406.6M | 426.9M | |
Current Deferred Revenue | 999.4K | 2.0M | 4.5M | (2.0M) | (2.3M) | (2.2M) | |
Other Liab | 3.2M | 8.5M | 16.0M | 22.8M | 26.2M | 27.6M | |
Net Tangible Assets | 103.3M | 309.8M | 320.1M | 289.2M | 332.6M | 349.2M | |
Other Assets | 6.0M | 12.0M | 3.3M | 3.3M | 3.7M | 3.0M | |
Long Term Investments | 2.2M | 1.2M | 1.2M | 5.0M | 978.5K | 1.7M | |
Property Plant Equipment | 48.8M | 218.1M | 273.5M | 267.0M | 307.1M | 322.5M | |
Capital Surpluse | 8.0M | 11.6M | 10.8M | 12.3M | 14.2M | 10.4M | |
Long Term Debt Total | 170.1K | 101.1K | 1.4K | 28.9K | 26.0K | 24.7K | |
Cash And Equivalents | 57.1M | 85.0M | 38.9M | 23.7M | 27.2M | 34.0M | |
Net Invested Capital | 103.3M | 309.8M | 320.1M | 289.2M | 296.0M | 218.1M | |
Net Working Capital | 49.6M | 87.1M | 58.1M | 34.1M | 32.7M | 39.4M |
Pair Trading with Wallbridge Mining
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 Wallbridge Mining 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 Wallbridge Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Wallbridge Stock
Moving against Wallbridge Stock
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The ability to find closely correlated positions to Wallbridge Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wallbridge Mining 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 Wallbridge Mining - 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 Wallbridge Mining to buy it.
The correlation of Wallbridge Mining 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 Wallbridge Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wallbridge Mining 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 Wallbridge Mining 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 Wallbridge Stock
Balance Sheet is a snapshot of the financial position of Wallbridge Mining at a specified time, usually calculated after every quarter, six months, or one year. Wallbridge Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Wallbridge Mining 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 Wallbridge currently owns. An asset can also be divided into two categories, current and non-current.