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.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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

9.36 Million

  
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.

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

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.

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.

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 Liabilities36.5M177.7M40.3M39.1M
Total Assets683.5M768.1M835.2M877.0M

Yangarra Resources balance sheet Correlations

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0.20.310.030.280.2-0.060.190.27-0.150.260.260.19-0.10.32-0.020.040.17-0.240.230.940.270.110.150.00.19
0.520.310.280.980.24-0.340.530.42-0.50.390.610.42-0.450.4-0.260.290.53-0.490.520.240.36-0.57-0.350.320.6
0.710.030.280.130.49-0.80.710.07-0.610.640.710.870.470.6-0.491.00.710.450.59-0.110.76-0.520.070.270.78
0.370.280.980.130.09-0.220.370.34-0.390.220.440.28-0.60.23-0.210.150.37-0.620.380.260.21-0.54-0.290.30.45
0.710.20.240.490.09-0.370.70.43-0.470.90.770.550.50.86-0.220.510.70.460.66-0.140.5-0.35-0.350.210.64
-0.85-0.06-0.34-0.8-0.22-0.37-0.86-0.520.91-0.68-0.67-0.88-0.55-0.680.39-0.82-0.86-0.53-0.830.04-0.530.530.36-0.63-0.66
1.00.190.530.710.370.7-0.860.73-0.920.90.910.880.520.92-0.390.741.00.480.98-0.030.62-0.57-0.580.630.84
0.730.270.420.070.340.43-0.520.73-0.780.620.520.490.340.68-0.060.110.720.290.820.130.13-0.31-0.830.720.41
-0.91-0.15-0.5-0.61-0.39-0.470.91-0.92-0.78-0.76-0.7-0.84-0.46-0.760.37-0.64-0.91-0.43-0.93-0.01-0.420.670.57-0.83-0.69
0.910.260.390.640.220.9-0.680.90.62-0.760.890.760.560.98-0.330.670.90.510.87-0.030.59-0.5-0.460.430.77
0.910.260.610.710.440.77-0.670.910.52-0.70.890.780.340.9-0.350.740.910.290.830.010.73-0.51-0.430.310.91
0.870.190.420.870.280.55-0.880.880.49-0.840.760.780.490.76-0.420.870.870.450.830.020.73-0.58-0.20.570.85
0.52-0.1-0.450.47-0.60.5-0.550.520.34-0.460.560.340.490.56-0.140.480.520.990.51-0.260.29-0.02-0.260.330.28
0.920.320.40.60.230.86-0.680.920.68-0.760.980.90.760.56-0.320.630.910.50.90.050.66-0.42-0.520.440.78
-0.39-0.02-0.26-0.49-0.21-0.220.39-0.39-0.060.37-0.33-0.35-0.42-0.14-0.32-0.49-0.39-0.14-0.340.04-0.510.490.02-0.34-0.54
0.740.040.291.00.150.51-0.820.740.11-0.640.670.740.870.480.63-0.490.740.460.62-0.120.77-0.530.030.290.8
1.00.170.530.710.370.7-0.861.00.72-0.910.90.910.870.520.91-0.390.740.480.98-0.050.62-0.57-0.590.630.84
0.48-0.24-0.490.45-0.620.46-0.530.480.29-0.430.510.290.450.990.5-0.140.460.480.46-0.390.25-0.04-0.270.320.25
0.980.230.520.590.380.66-0.830.980.82-0.930.870.830.830.510.9-0.340.620.980.460.020.52-0.53-0.660.710.75
-0.020.940.24-0.110.26-0.140.04-0.030.13-0.01-0.030.010.02-0.260.050.04-0.12-0.05-0.390.020.120.220.26-0.06-0.01
0.630.270.360.760.210.5-0.530.620.13-0.420.590.730.730.290.66-0.510.770.620.250.520.12-0.280.030.110.8
-0.570.11-0.57-0.52-0.54-0.350.53-0.57-0.310.67-0.5-0.51-0.58-0.02-0.420.49-0.53-0.57-0.04-0.530.22-0.280.22-0.67-0.64
-0.580.15-0.350.07-0.29-0.350.36-0.58-0.830.57-0.46-0.43-0.2-0.26-0.520.020.03-0.59-0.27-0.660.260.030.22-0.55-0.25
0.620.00.320.270.30.21-0.630.630.72-0.830.430.310.570.330.44-0.340.290.630.320.71-0.060.11-0.67-0.550.38
0.840.190.60.780.450.64-0.660.840.41-0.690.770.910.850.280.78-0.540.80.840.250.75-0.010.8-0.64-0.250.38
Click cells to compare fundamentals

Yangarra Resources Account Relationship Matchups

Yangarra Resources balance sheet Accounts

201920202021202220232024 (projected)
Total Assets592.2M610.0M683.5M768.1M835.2M877.0M
Total Current Liabilities27.7M24.7M36.5M177.7M40.3M39.1M
Total Stockholder Equity303.6M312.3M365.0M473.6M536.6M563.4M
Net Debt200.7M210.5M204.9M142.5M123.4M64.1M
Retained Earnings103.8M108.7M158.7M265.1M311.7M327.3M
Accounts Payable25.9M20.9M33.9M35.7M36.6M38.4M
Cash(57K)(5.2M)(5.1M)(4.7M)(4.3M)(4.0M)
Non Current Assets Total563.6M585.2M650.7M727.3M795.6M835.4M
Non Currrent Assets Other226K231K430K26.2M35.7M37.5M
Cash And Short Term Investments(5.2M)(5.1M)(4.7M)(8.8M)(8.9M)(8.5M)
Net Receivables24.6M18.7M27.5M32.0M30.1M31.6M
Common Stock Shares Outstanding85.7M85.8M89.4M92.1M98.4M103.4M
Liabilities And Stockholders Equity592.2M610.0M683.5M768.1M835.2M877.0M
Other Stockholder Equity23.4M27.2M28.1M28.8M32.2M16.8M
Total Liab288.6M297.7M318.5M294.5M298.6M313.5M
Total Current Assets28.6M24.7M32.7M40.8M39.6M41.6M
Other Current Liab(1.4M)(268K)(2.2M)488K1.5M1.6M
Short Long Term Debt Total195.5M205.4M200.1M142.5M123.4M75.3M
Property Plant And Equipment Net563.3M585.2M650.3M701.0M795.6M835.4M
Non Current Liabilities Total260.8M273.0M282.0M116.8M258.3M271.2M
Property Plant And Equipment Gross563.3M585.2M900.9M1.0B1.1B1.2B
Short Term Debt3.2M4.2M4.7M141.5M2.2M2.1M
Other Current Assets7.9M11.1M10.2M8.8M9.5M4.9M
Short Term Investments37.1K712K270K382K343.8K475.4K
Inventory(135.0K)5.1M5.0M8.8M8.9M9.4M
Other Liab66.9M66.9M84.1M115.8M133.1M139.8M
Net Tangible Assets303.6M312.3M365.0M473.6M544.6M275.7M
Long Term Debt190.3M200.3M195.4M1.0M121.0M93.7M
Property Plant Equipment563.3M585.2M650.3M727.3M836.4M469.1M
Capital Surpluse23.4M27.2M28.1M28.8M33.1M22.9M
Long Term Debt Total193.9M203.3M197.8M1.0M1.2M1.1M
Non Current Liabilities Other124K84K35K589K677.4K711.2K
Net Invested Capital493.9M512.5M560.4M474.6M657.6M531.4M

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.
Pair CorrelationCorrelation Matching

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.