Paramount Total Current Assets from 2010 to 2024

PZG Stock  USD 0.44  0.02  4.35%   
Paramount Gold's Total Current Assets are increasing over the last several years with very volatile swings. Total Current Assets are estimated to finish at about 2.8 M this year. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2014-06-30
Previous Quarter
9.4 M
Current Value
7.8 M
Quarterly Volatility
2.7 M
 
Yuan Drop
 
Covid
Check Paramount Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Paramount Gold's main balance sheet or income statement drivers, such as Interest Expense of 546.3 K, Selling General Administrative of 3.9 M or Cost Of Revenue of 1.2 M, as well as many indicators such as Price To Sales Ratio of 52.94, Dividend Yield of 0.0 or PTB Ratio of 0.58. Paramount financial statements analysis is a perfect complement when working with Paramount Gold Valuation or Volatility modules.
  
Check out the analysis of Paramount Gold Correlation against competitors.

Latest Paramount Gold's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Paramount Gold Nevada over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Paramount Gold's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Paramount Gold's overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Very volatile
   Total Current Assets   
       Timeline  

Paramount Total Current Assets Regression Statistics

Arithmetic Mean3,029,386
Geometric Mean2,099,749
Coefficient Of Variation89.67
Mean Deviation2,104,877
Median2,140,582
Standard Deviation2,716,353
Sample Variance7.4T
Range9M
R-Value0.11
Mean Square Error7.9T
R-Squared0.01
Significance0.71
Slope64,121
Total Sum of Squares103.3T

Paramount Total Current Assets History

20242.8 M
20232.1 M
20222.3 M
20213.8 M
20204.3 M
20195.9 M
2018812.5 K

About Paramount Gold Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Paramount Gold income statement, its balance sheet, and the statement of cash flows. Paramount Gold investors use historical funamental indicators, such as Paramount Gold's Total Current Assets, to determine how well the company is positioned to perform in the future. Although Paramount Gold investors may use each financial statement separately, they are all related. The changes in Paramount Gold's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Paramount Gold's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Paramount Gold Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Paramount Gold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Assets2.1 M2.8 M

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Paramount Stock

When determining whether Paramount Gold Nevada is a strong investment it is important to analyze Paramount Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Paramount Gold's future performance. For an informed investment choice regarding Paramount Stock, refer to the following important reports:
Check out the analysis of Paramount Gold Correlation against competitors.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Precious Metals & Minerals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paramount Gold. If investors know Paramount will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paramount Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.12)
Revenue Per Share
0.009
Quarterly Revenue Growth
(0.55)
Return On Assets
(0.09)
Return On Equity
(0.17)
The market value of Paramount Gold Nevada is measured differently than its book value, which is the value of Paramount that is recorded on the company's balance sheet. Investors also form their own opinion of Paramount Gold's value that differs from its market value or its book value, called intrinsic value, which is Paramount Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paramount Gold's market value can be influenced by many factors that don't directly affect Paramount Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paramount Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paramount Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paramount Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.