Visible Historical Balance Sheet

VGD Stock  CAD 0.08  0.01  14.29%   
Trend analysis of Visible Gold Mines balance sheet accounts such as Total Assets of 681.4 K, Total Current Liabilities of 242.2 K, Total Stockholder Equity of 463 K or Property Plant And Equipment Net of 125.2 K provides information on Visible Gold's total assets, liabilities, and equity, which is the actual value of Visible Gold Mines to its prevalent stockholders. By breaking down trends over time using Visible 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 Visible Gold Mines 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 Visible Gold Mines is a good buy for the upcoming year.

Visible Gold Inventory

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Visible Gold Mines. 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 Visible Balance Sheet Analysis

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

Visible Gold Balance Sheet Chart

At this time, Visible Gold's Total Current Liabilities is fairly stable compared to the past year. Net Debt is likely to climb to about 82.5 K in 2024, whereas Total Stockholder Equity is likely to drop slightly above 463 K in 2024.

Total Assets

Total assets refers to the total amount of Visible Gold 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 Visible Gold Mines 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 Visible 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 Visible Gold Mines 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.
Most accounts from Visible Gold's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Visible Gold Mines 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 Visible Gold Mines. 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, Visible Gold's Total Current Liabilities is fairly stable compared to the past year. Net Debt is likely to climb to about 82.5 K in 2024, whereas Total Stockholder Equity is likely to drop slightly above 463 K in 2024.
 2021 2022 2023 2024 (projected)
Total Current Liabilities118.6K180.5K162.5K242.2K
Total Assets1.5M796.9K717.3K681.4K

Visible Gold balance sheet Correlations

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0.110.07-0.110.230.040.67-0.260.10.13-0.190.31-0.150.16-0.030.720.090.560.020.17-0.040.020.010.08-0.20.07
1.00.070.83-0.840.740.00.810.980.980.80.55-0.860.190.630.410.70.25-0.420.51-0.490.530.930.920.790.91
0.82-0.110.83-0.70.57-0.140.650.820.80.590.33-0.650.180.430.180.510.12-0.240.34-0.40.640.770.780.570.78
-0.830.23-0.84-0.7-0.680.11-1.0-0.75-0.75-0.97-0.520.74-0.2-0.63-0.18-0.79-0.110.48-0.470.49-0.43-0.8-0.73-0.89-0.75
0.730.040.740.57-0.680.220.660.620.620.610.4-0.880.730.520.310.850.58-0.590.52-0.920.310.880.870.840.79
0.010.670.0-0.140.110.22-0.13-0.03-0.01-0.130.19-0.320.270.090.220.140.3-0.35-0.19-0.320.080.140.160.080.2
0.8-0.260.810.65-1.00.66-0.130.710.720.980.53-0.70.190.640.190.790.09-0.490.49-0.470.370.770.690.890.71
0.980.10.980.82-0.750.62-0.030.711.00.710.47-0.790.030.580.390.540.16-0.320.42-0.360.530.870.880.660.88
0.980.130.980.8-0.750.62-0.010.721.00.720.48-0.80.030.590.410.550.16-0.340.43-0.360.510.870.880.660.87
0.79-0.190.80.59-0.970.61-0.130.980.710.720.53-0.660.140.620.250.770.11-0.440.5-0.40.330.730.650.860.66
0.580.310.550.33-0.520.40.190.530.470.480.53-0.430.20.740.670.710.2-0.550.66-0.220.150.390.340.560.39
-0.86-0.15-0.86-0.650.74-0.88-0.32-0.7-0.79-0.8-0.66-0.43-0.47-0.54-0.28-0.74-0.440.53-0.330.77-0.6-0.95-0.95-0.84-0.94
0.20.160.190.18-0.20.730.270.190.030.030.140.2-0.470.040.290.680.82-0.270.45-0.840.140.410.410.440.32
0.63-0.030.630.43-0.630.520.090.640.580.590.620.74-0.540.040.370.59-0.12-0.840.52-0.350.160.520.480.680.47
0.450.720.410.18-0.180.310.220.190.390.410.250.67-0.280.290.370.50.57-0.140.79-0.180.040.230.260.140.18
0.710.090.70.51-0.790.850.140.790.540.550.770.71-0.740.680.590.50.56-0.550.72-0.740.30.730.680.870.65
0.280.560.250.12-0.110.580.30.090.160.160.110.2-0.440.82-0.120.570.56-0.020.46-0.630.10.370.40.240.31
-0.410.02-0.42-0.240.48-0.59-0.35-0.49-0.32-0.34-0.44-0.550.53-0.27-0.84-0.14-0.55-0.02-0.280.590.02-0.48-0.43-0.67-0.44
0.540.170.510.34-0.470.52-0.190.490.420.430.50.66-0.330.450.520.790.720.46-0.28-0.380.030.360.350.420.23
-0.49-0.04-0.49-0.40.49-0.92-0.32-0.47-0.36-0.36-0.4-0.220.77-0.84-0.35-0.18-0.74-0.630.59-0.38-0.28-0.72-0.71-0.7-0.62
0.520.020.530.64-0.430.310.080.370.530.510.330.15-0.60.140.160.040.30.10.020.03-0.280.540.560.370.59
0.920.010.930.77-0.80.880.140.770.870.870.730.39-0.950.410.520.230.730.37-0.480.36-0.720.540.990.860.98
0.910.080.920.78-0.730.870.160.690.880.880.650.34-0.950.410.480.260.680.4-0.430.35-0.710.560.990.780.97
0.78-0.20.790.57-0.890.840.080.890.660.660.860.56-0.840.440.680.140.870.24-0.670.42-0.70.370.860.780.8
0.90.070.910.78-0.750.790.20.710.880.870.660.39-0.940.320.470.180.650.31-0.440.23-0.620.590.980.970.8
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Visible Gold Account Relationship Matchups

Visible Gold balance sheet Accounts

201920202021202220232024 (projected)
Total Assets5.2M5.5M1.5M796.9K717.3K681.4K
Total Current Liabilities401.4K44.6K118.6K180.5K162.5K242.2K
Total Stockholder Equity4.8M5.4M1.4M541.5K487.4K463.0K
Property Plant And Equipment Net526.1K734.9K450.3K146.4K131.8K125.2K
Net Debt(20.1K)(333.3K)(173.5K)68.3K78.6K82.5K
Retained Earnings(23.2M)(24.1M)(28.2M)(29.2M)(26.3M)(25.0M)
Accounts Payable279.7K2.6K30.8K79.8K71.8K117.1K
Cash20.1K333.3K173.5K22.4K20.2K19.2K
Non Current Assets Total5.2M5.1M1.3M704.5K634.1K602.4K
Non Currrent Assets Other4.6M4.2M721.4K503.1K452.8K430.1K
Cash And Short Term Investments20.1K333.3K173.5K22.4K20.2K19.2K
Net Receivables11.7K21.3K11.9K68.3K61.4K58.4K
Common Stock Shares Outstanding23.0M31.5M33.8M34.2M39.3M41.3M
Liabilities And Stockholders Equity5.2M5.5M1.5M796.9K717.3K681.4K
Other Current Assets52.0659.01.3K1.7K1.6K1.5K
Total Liab401.4K44.6K118.6K255.4K229.9K292.8K
Total Current Assets31.8K355.2K186.7K92.4K83.2K79.0K
Other Current Liab121.7K42.0K87.8K84.8K76.4K148.6K
Common Stock21.8M22.2M23.4M23.6M27.1M22.1M
Net Tangible Assets4.7M4.8M5.4M1.4M1.2M1.2M
Property Plant Equipment5.0M5.2M5.0M1.2M1.1M1.0M
Net Invested Capital4.8M5.4M1.4M632.3K569.1K540.6K
Net Working Capital(369.6K)310.6K68.1K(88.1K)(79.3K)(75.3K)
Capital Stock21.8M22.2M23.4M23.6M27.1M24.9M

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Additional Tools for Visible Stock Analysis

When running Visible Gold's price analysis, check to measure Visible Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Visible Gold is operating at the current time. Most of Visible Gold's value examination focuses on studying past and present price action to predict the probability of Visible Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Visible Gold's price. Additionally, you may evaluate how the addition of Visible Gold to your portfolios can decrease your overall portfolio volatility.