Barrick Average Assets vs Capital Expenditure Analysis

GOLD Stock  USD 16.21  0.69  4.45%   
Trend analysis of Barrick Gold Corp balance sheet accounts such as Short and Long Term Debt Total of 5.1 B or Other Current Liab of 1.4 B provides information on Barrick Gold's total assets, liabilities, and equity, which is the actual value of Barrick Gold Corp to its prevalent stockholders. By breaking down trends over time using Barrick 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.
  
Check out Risk vs Return Analysis 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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

About Barrick Balance Sheet Analysis

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

Barrick Gold Balance Sheet Chart

Barrick Gold Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Barrick Gold Corp uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, Barrick Gold's Short and Long Term Debt Total is projected to decrease significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 1.4 B, whereas Total Current Liabilities is forecasted to decline to about 1.6 B.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Barrick Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Barrick Gold Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis 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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 226.7 M. The current year's Tax Provision is expected to grow to about 1.1 B
 2021 2022 2023 2024 (projected)
Gross Profit4.9B3.5B3.5B2.4B
Total Revenue12.0B11.0B11.4B5.7B

Barrick Gold fundamental ratios Correlations

0.63-0.130.830.310.670.57-0.44-0.30.310.830.60.780.830.850.370.130.250.030.170.77-0.150.620.940.75-0.14
0.630.450.360.830.960.990.180.230.680.811.00.80.810.640.370.670.720.40.720.930.340.170.440.590.4
-0.130.45-0.420.730.220.510.940.190.820.020.460.220.030.050.320.940.850.330.930.330.58-0.3-0.240.060.99
0.830.36-0.420.070.450.3-0.65-0.33-0.020.70.320.610.70.670.18-0.18-0.11-0.07-0.140.57-0.380.510.80.65-0.42
0.310.830.730.070.710.870.560.290.810.430.840.610.440.430.310.80.840.240.860.70.71-0.020.150.380.67
0.670.960.220.450.710.94-0.050.350.480.820.960.720.820.680.230.450.510.430.510.870.260.30.480.520.17
0.570.990.510.30.870.940.260.280.710.741.00.760.750.620.350.710.750.430.760.90.410.160.380.550.47
-0.440.180.94-0.650.56-0.050.260.210.65-0.280.21-0.04-0.28-0.240.170.80.710.250.780.030.59-0.46-0.49-0.170.93
-0.30.230.19-0.330.290.350.280.21-0.06-0.130.28-0.34-0.130.04-0.350.07-0.020.560.11-0.070.430.02-0.48-0.540.19
0.310.680.82-0.020.810.480.710.65-0.060.380.670.610.390.340.510.920.930.260.920.640.42-0.040.240.450.8
0.830.810.020.70.430.820.74-0.28-0.130.380.780.861.00.680.40.320.360.150.340.93-0.110.280.70.76-0.01
0.61.00.460.320.840.961.00.210.280.670.780.770.780.620.340.670.720.430.720.910.370.170.410.550.42
0.780.80.220.610.610.720.76-0.04-0.340.610.860.770.870.560.480.50.62-0.030.540.920.10.130.720.880.16
0.830.810.030.70.440.820.75-0.28-0.130.391.00.780.870.680.40.320.370.150.350.93-0.110.280.70.760.0
0.850.640.050.670.430.680.62-0.240.040.340.680.620.560.680.410.210.270.150.250.670.00.80.720.520.07
0.370.370.320.180.310.230.350.17-0.350.510.40.340.480.40.410.410.52-0.160.410.49-0.180.150.250.350.35
0.130.670.94-0.180.80.450.710.80.070.920.320.670.50.320.210.410.950.40.990.60.46-0.210.030.350.92
0.250.720.85-0.110.840.510.750.71-0.020.930.360.720.620.370.270.520.950.250.960.640.5-0.150.150.440.81
0.030.40.33-0.070.240.430.430.250.560.260.150.43-0.030.150.15-0.160.40.250.380.24-0.060.06-0.11-0.110.36
0.170.720.93-0.140.860.510.760.780.110.920.340.720.540.350.250.410.990.960.380.630.52-0.190.050.360.9
0.770.930.330.570.70.870.90.03-0.070.640.930.910.920.930.670.490.60.640.240.630.10.190.60.770.29
-0.150.340.58-0.380.710.260.410.590.430.42-0.110.370.1-0.110.0-0.180.460.5-0.060.520.1-0.22-0.2-0.070.5
0.620.17-0.30.51-0.020.30.16-0.460.02-0.040.280.170.130.280.80.15-0.21-0.150.06-0.190.19-0.220.60.28-0.25
0.940.44-0.240.80.150.480.38-0.49-0.480.240.70.410.720.70.720.250.030.15-0.110.050.6-0.20.60.81-0.26
0.750.590.060.650.380.520.55-0.17-0.540.450.760.550.880.760.520.350.350.44-0.110.360.77-0.070.280.810.02
-0.140.40.99-0.420.670.170.470.930.190.8-0.010.420.160.00.070.350.920.810.360.90.290.5-0.25-0.260.02
Click cells to compare fundamentals

Barrick Gold Account Relationship Matchups

Barrick Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding1.8B1.8B1.8B1.8B1.8B1.8B
Total Assets44.4B46.5B46.9B46.0B45.6B24.1B
Short Long Term Debt Total5.5B5.4B5.5B5.3B4.7B5.1B
Other Current Liab958M1.2B1.5B2.3B1.4B1.4B
Total Current Liabilities2.4B2.2B2.1B3.1B2.3B1.6B
Total Stockholder Equity21.4B23.3B23.9B22.8B23.2B11.8B
Property Plant And Equipment Net24.3B24.7B25.0B25.9B26.3B13.4B
Net Debt2.2B176M193M810M575.0M546.3M
Retained Earnings(9.7B)(7.9B)(6.6B)(7.3B)(6.7B)(6.3B)
Accounts Payable715M929M539M741M674.5M656.5M
Cash3.3B5.2B5.3B4.4B4.1B2.2B
Non Current Assets Total37.5B38.4B38.6B37.5B38.2B19.9B
Non Currrent Assets Other3.3B3.6B3.7B3.8B3.2B1.9B
Cash And Short Term Investments3.3B5.2B5.3B4.4B4.1B2.2B
Net Receivables665M766M942M906M1.2B1.2B
Liabilities And Stockholders Equity44.4B46.5B46.9B46.0B45.6B24.1B
Non Current Liabilities Total12.2B12.6B12.5B11.6B11.4B8.5B
Inventory2.3B1.9B1.7B1.8B1.8B1.3B
Other Stockholder Equity2.0B2.0B1.9B1.9B1.9B2.8B
Total Liab14.6B14.8B14.6B14.7B13.7B10.1B
Total Current Assets6.9B8.1B8.2B8.5B7.4B4.2B
Accumulated Other Comprehensive Income(122M)14M(23M)26M61.7M64.8M
Short Term Debt375M20M24M45M10.9M10.4M
Other Liab7.0B7.2B7.0B6.4B7.3B7.7B
Other Assets3.6B3.7B3.8B3.9B4.4B2.3B
Long Term Debt5.1B5.3B5.4B5.1B5.1B6.3B
Common Stock29.2B29.2B28.5B28.1B28.0B18.4B
Property Plant Equipment24.1B24.6B25.0B25.8B29.7B16.0B
Intangible Assets86M77M68M67M60.3M57.3M
Current Deferred Revenue328M47M43M54M301.4M320.7M
Property Plant And Equipment Gross24.1B24.6B65.2B68.8B71.1B74.7B
Common Stock Total Equity20.9B20.9B29.2B29.2B33.6B18.8B
Good Will1.3B1.2B4.8B3.6B3.6B3.7B
Net Tangible Assets16.4B18.4B18.9B19.0B21.9B11.8B
Long Term Investments4.8B5.1B5.0B4.1B4.3B3.0B

Barrick Gold Investors Sentiment

The influence of Barrick Gold's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Barrick. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Barrick Gold's public news can be used to forecast risks associated with an investment in Barrick. The trend in average sentiment can be used to explain how an investor holding Barrick can time the market purely based on public headlines and social activities around Barrick Gold Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Barrick Gold's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Barrick Gold's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Barrick Gold's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Barrick Gold.

Barrick Gold Implied Volatility

    
  46.57  
Barrick Gold's implied volatility exposes the market's sentiment of Barrick Gold Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Barrick Gold's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Barrick Gold stock will not fluctuate a lot when Barrick Gold's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Barrick Gold in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Barrick Gold's short interest history, or implied volatility extrapolated from Barrick Gold options trading.

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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 Risk vs Return Analysis 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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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Is Barrick Gold's industry 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 Barrick Gold. If investors know Barrick 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 Barrick Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.538
Dividend Share
0.4
Earnings Share
0.72
Revenue Per Share
6.494
Quarterly Revenue Growth
0.103
The market value of Barrick Gold Corp is measured differently than its book value, which is the value of Barrick that is recorded on the company's balance sheet. Investors also form their own opinion of Barrick Gold's value that differs from its market value or its book value, called intrinsic value, which is Barrick 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 Barrick Gold's market value can be influenced by many factors that don't directly affect Barrick 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 Barrick Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Barrick Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barrick 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.