Yangarra Historical Balance Sheet
YGR Stock | CAD 1.02 0.03 3.03% |
Trend analysis of Yangarra Resources balance sheet accounts such as Total Assets of 877 M, Total Current Liabilities of 39.1 M, Total Stockholder Equity of 563.4 M or Net Debt of 64.1 M provides information on Yangarra Resources' total assets, liabilities, and equity, which is the actual value of Yangarra Resources to its prevalent stockholders. By breaking down trends over time using Yangarra Resources 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 Yangarra Resources 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 Yangarra Resources is a good buy for the upcoming year.
Yangarra Resources Inventory |
|
Yangarra |
About Yangarra Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Yangarra Resources at a specified time, usually calculated after every quarter, six months, or one year. Yangarra Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yangarra Resources 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 Yangarra currently owns. An asset can also be divided into two categories, current and non-current.
Yangarra Resources Balance Sheet Chart
Add Fundamental
Total Assets
Total assets refers to the total amount of Yangarra Resources 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 Yangarra Resources 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 Yangarra Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Yangarra Resources 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.Accounts Payable
An accounting item on the balance sheet that represents Yangarra Resources 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 Yangarra Resources 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.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most accounts from Yangarra Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Yangarra Resources 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 Yangarra Resources. 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, Yangarra Resources' Net Receivables is very stable compared to the past year. As of the 30th of November 2024, Common Stock Shares Outstanding is likely to grow to about 103.4 M, while Total Current Liabilities is likely to drop about 39.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 36.5M | 177.7M | 40.3M | 39.1M | Total Assets | 683.5M | 768.1M | 835.2M | 877.0M |
Yangarra Resources balance sheet Correlations
Click cells to compare fundamentals
Yangarra Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Yangarra Resources balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 592.2M | 610.0M | 683.5M | 768.1M | 835.2M | 877.0M | |
Total Current Liabilities | 27.7M | 24.7M | 36.5M | 177.7M | 40.3M | 39.1M | |
Total Stockholder Equity | 303.6M | 312.3M | 365.0M | 473.6M | 536.6M | 563.4M | |
Net Debt | 200.7M | 210.5M | 204.9M | 142.5M | 123.4M | 64.1M | |
Retained Earnings | 103.8M | 108.7M | 158.7M | 265.1M | 311.7M | 327.3M | |
Accounts Payable | 25.9M | 20.9M | 33.9M | 35.7M | 36.6M | 38.4M | |
Cash | (57K) | (5.2M) | (5.1M) | (4.7M) | (4.3M) | (4.0M) | |
Non Current Assets Total | 563.6M | 585.2M | 650.7M | 727.3M | 795.6M | 835.4M | |
Non Currrent Assets Other | 226K | 231K | 430K | 26.2M | 35.7M | 37.5M | |
Cash And Short Term Investments | (5.2M) | (5.1M) | (4.7M) | (8.8M) | (8.9M) | (8.5M) | |
Net Receivables | 24.6M | 18.7M | 27.5M | 32.0M | 30.1M | 31.6M | |
Common Stock Shares Outstanding | 85.7M | 85.8M | 89.4M | 92.1M | 98.4M | 103.4M | |
Liabilities And Stockholders Equity | 592.2M | 610.0M | 683.5M | 768.1M | 835.2M | 877.0M | |
Other Stockholder Equity | 23.4M | 27.2M | 28.1M | 28.8M | 32.2M | 16.8M | |
Total Liab | 288.6M | 297.7M | 318.5M | 294.5M | 298.6M | 313.5M | |
Total Current Assets | 28.6M | 24.7M | 32.7M | 40.8M | 39.6M | 41.6M | |
Other Current Liab | (1.4M) | (268K) | (2.2M) | 488K | 1.5M | 1.6M | |
Short Long Term Debt Total | 195.5M | 205.4M | 200.1M | 142.5M | 123.4M | 75.3M | |
Property Plant And Equipment Net | 563.3M | 585.2M | 650.3M | 701.0M | 795.6M | 835.4M | |
Non Current Liabilities Total | 260.8M | 273.0M | 282.0M | 116.8M | 258.3M | 271.2M | |
Property Plant And Equipment Gross | 563.3M | 585.2M | 900.9M | 1.0B | 1.1B | 1.2B | |
Short Term Debt | 3.2M | 4.2M | 4.7M | 141.5M | 2.2M | 2.1M | |
Other Current Assets | 7.9M | 11.1M | 10.2M | 8.8M | 9.5M | 4.9M | |
Short Term Investments | 37.1K | 712K | 270K | 382K | 343.8K | 475.4K | |
Inventory | (135.0K) | 5.1M | 5.0M | 8.8M | 8.9M | 9.4M | |
Other Liab | 66.9M | 66.9M | 84.1M | 115.8M | 133.1M | 139.8M | |
Net Tangible Assets | 303.6M | 312.3M | 365.0M | 473.6M | 544.6M | 275.7M | |
Long Term Debt | 190.3M | 200.3M | 195.4M | 1.0M | 121.0M | 93.7M | |
Property Plant Equipment | 563.3M | 585.2M | 650.3M | 727.3M | 836.4M | 469.1M | |
Capital Surpluse | 23.4M | 27.2M | 28.1M | 28.8M | 33.1M | 22.9M | |
Long Term Debt Total | 193.9M | 203.3M | 197.8M | 1.0M | 1.2M | 1.1M | |
Non Current Liabilities Other | 124K | 84K | 35K | 589K | 677.4K | 711.2K | |
Net Invested Capital | 493.9M | 512.5M | 560.4M | 474.6M | 657.6M | 531.4M |
Pair Trading with Yangarra Resources
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 Yangarra Resources 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 Yangarra Resources will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Yangarra Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yangarra Resources 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 Yangarra Resources - 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 Yangarra Resources to buy it.
The correlation of Yangarra Resources 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 Yangarra Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yangarra Resources 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 Yangarra Resources 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 Yangarra Stock
Balance Sheet is a snapshot of the financial position of Yangarra Resources at a specified time, usually calculated after every quarter, six months, or one year. Yangarra Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yangarra Resources 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 Yangarra currently owns. An asset can also be divided into two categories, current and non-current.