Barrick Gold Corp Stock Current Liabilities
ABX Stock | CAD 22.62 0.10 0.44% |
Barrick Gold Corp fundamentals help investors to digest information that contributes to Barrick Gold's financial success or failures. It also enables traders to predict the movement of Barrick Stock. The fundamental analysis module provides a way to measure Barrick Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Barrick Gold stock.
As of the 20th of June 2024, Non Current Liabilities Other is likely to grow to about 605.9 M, while Total Current Liabilities is likely to drop about 1.6 B. Barrick | Current Liabilities |
Barrick Gold Corp Company Current Liabilities Analysis
Barrick Gold's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Current Barrick Gold Current Liabilities | 1.85 B |
Most of Barrick Gold's fundamental indicators, such as Current Liabilities, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Barrick Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Barrick Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for Barrick Gold is extremely important. It helps to project a fair market value of Barrick Stock properly, considering its historical fundamentals such as Current Liabilities. Since Barrick Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Barrick Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Barrick Gold's interrelated accounts and indicators.
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Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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Barrick Total Current Liabilities
Total Current Liabilities |
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In accordance with the recently published financial statements, Barrick Gold Corp has a Current Liabilities of 1.85 B. This is 70.16% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The current liabilities for all Canada stocks is 76.63% higher than that of the company.
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Barrick Gold ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Barrick Gold's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Barrick Gold's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Barrick Fundamentals
Return On Equity | 0.0683 | ||||
Return On Asset | 0.0358 | ||||
Profit Margin | 0.13 % | ||||
Operating Margin | 0.25 % | ||||
Current Valuation | 49.25 B | ||||
Shares Outstanding | 1.76 B | ||||
Shares Owned By Insiders | 0.60 % | ||||
Shares Owned By Institutions | 60.48 % | ||||
Number Of Shares Shorted | 14.23 M | ||||
Price To Earning | 13.40 X | ||||
Price To Book | 1.35 X | ||||
Price To Sales | 3.79 X | ||||
Revenue | 11.4 B | ||||
Gross Profit | 3.47 B | ||||
EBITDA | 4.99 B | ||||
Net Income | 1.27 B | ||||
Cash And Equivalents | 3 M | ||||
Cash Per Share | 3.27 X | ||||
Total Debt | 32 M | ||||
Debt To Equity | 0.16 % | ||||
Current Ratio | 3.95 X | ||||
Book Value Per Share | 13.36 X | ||||
Cash Flow From Operations | 3.53 B | ||||
Short Ratio | 2.48 X | ||||
Earnings Per Share | 1.12 X | ||||
Price To Earnings To Growth | 2.23 X | ||||
Target Price | 30.99 | ||||
Beta | 0.45 | ||||
Market Capitalization | 39.71 B | ||||
Total Asset | 45.81 B | ||||
Retained Earnings | (6.71 B) | ||||
Working Capital | 5.08 B | ||||
Current Asset | 5.47 B | ||||
Current Liabilities | 1.85 B | ||||
Annual Yield | 0.02 % | ||||
Five Year Return | 1.34 % | ||||
Net Asset | 45.81 B | ||||
Last Dividend Paid | 0.4 |
About Barrick Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Barrick Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Barrick Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Barrick Gold Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectAdditional Information and Resources on Investing in Barrick Stock
When determining whether Barrick Gold Corp is a strong investment it is important to analyze Barrick 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 Barrick Gold's future performance. For an informed investment choice regarding Barrick Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barrick Gold Corp. 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. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.