Barrick Gold Financials

Based on the measurements of operating efficiency obtained from Barrick Gold's historical financial statements, Barrick Gold is not in a good financial situation at the moment. It has a very high risk of going through financial straits in April.
With this module, you can analyze Barrick financials for your investing period. You should be able to track the changes in Barrick Gold individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Barrick Gold Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Barrick Gold's financial statements are interrelated, with each one affecting the others. For example, an increase in Barrick Gold's assets may result in an increase in income on the income statement.
Evaluating Barrick Gold's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Barrick Gold's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Barrick Gold's relative financial performance

Chance Of Distress

Over 100

 
100  
 
Zero
Dangerous
Barrick Gold has more than 100 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Barrick Gold stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Barrick Gold's odds of distress score SHOULD NOT be confused with the real chance of Barrick Gold filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Barrick is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Barrick Gold's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
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The data published in Barrick Gold's official financial statements usually reflect Barrick Gold's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Barrick Gold. For example, before you start analyzing numbers published by Barrick accountants, it's critical to develop an understanding of what Barrick Gold's liquidity, profitability, and earnings quality are in the context of the Power Assets space in which it operates.
Please note, the presentation of Barrick Gold's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Barrick Gold's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Barrick Gold's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Barrick Gold. Please utilize our Beneish M Score to check the likelihood of Barrick Gold's management manipulating its earnings.

Barrick Gold Company Summary

Barrick Gold competes with Vita Coco, Duckhorn Portfolio, Western Asset, One Liberty, and National Beverage. Barrick Gold Corporation engages in the exploration and development of mineral properties. The company was founded in 1983 and is headquartered in Toronto, Canada. Barrick Gold operates under Gold classification in USA and is traded on BATS Exchange. It employs 18421 people.
Foreign Associate
  Canada
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
ISINUS0679011082
Business AddressBrookfield Place, TD
BenchmarkNYSE Composite
Websitewww.barrick.com
Phone416 861 9911
CurrencyUSD - US Dollar
You should never invest in Barrick Gold without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Barrick Stock, because this is throwing your money away. Analyzing the key information contained in Barrick Gold's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Barrick Gold Key Financial Ratios

Generally speaking, Barrick Gold's financial ratios allow both analysts and investors to convert raw data from Barrick Gold's financial statements into concise, actionable information that can be used to evaluate the performance of Barrick Gold over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Barrick Gold reports annually and quarterly.

Barrick Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Barrick Gold's current stock value. Our valuation model uses many indicators to compare Barrick Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Barrick Gold competition to find correlations between indicators driving Barrick Gold's intrinsic value. More Info.
Barrick Gold is number one stock in number of employees category among related companies. It is rated second in shares owned by institutions category among related companies . The ratio of Number Of Employees to Shares Owned By Institutions for Barrick Gold is about  248.70 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Barrick Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Barrick Gold's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Barrick Gold's earnings, one of the primary drivers of an investment's value.

Barrick Gold Thematic Clasifications

Barrick Gold is part of Power Assets investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. High potential, large capitalization stocks theme. Large capitalization equities showing high long-term performance indicators and above average return expectations based on Macroaxis rating system
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This theme covers High potential, large capitalization stocks theme. Large capitalization equities showing high long-term performance indicators and above average return expectations based on Macroaxis rating system. Get More Thematic Ideas
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Barrick Gold information on this page should be used as a complementary analysis to other Barrick Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Other Consideration for investing in Barrick Stock

If you are still planning to invest in Barrick Gold check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Barrick Gold's history and understand the potential risks before investing.
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