Barrick Net Debt vs Current Deferred Revenue Analysis

ABX Stock

CAD 32.22 0.45 1.42%

Barrick Gold financial indicator trend analysis is way more than just evaluating Barrick Gold Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Barrick Gold Corp is a good investment. Please check the relationship between Barrick Gold Net Debt and its Current Deferred Revenue accounts. 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 producer price index.

Net Debt vs Current Deferred Revenue

Net Debt vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Barrick Gold Corp Net Debt account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak relationship.

The correlation between Barrick Gold's Net Debt and Current Deferred Revenue is 0.32. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Barrick Gold Corp, assuming nothing else is changed. The correlation between historical values of Barrick Gold's Net Debt and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Barrick Gold Corp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Debt i.e., Barrick Gold's Net Debt and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.32

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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 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 producer price index.

At this time, Barrick Gold's Selling General Administrative is very stable compared to the past year. As of the 9th of August 2025, Sales General And Administrative To Revenue is likely to grow to 0.29, while Discontinued Operations is likely to drop (478.2 M).

	2022	2023	2024	2025 (projected)
Gross Profit	3.5B	3.5B	5.0B	5.2B
Total Revenue	11.0B	11.4B	12.9B	13.6B

Gross Profit Total Revenue

Barrick Gold fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Short Term Investments	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Assets	Current Deferred Revenue	Intangible Assets
Common Stock Shares Outstanding		0.77	-0.09	0.26	0.43	0.77	0.59	-0.35	-0.3	0.35	0.93	0.74	0.93	0.93	0.68	0.85	0.25	0.39	0.02	0.28	0.54	0.9	-0.19	0.44	-0.06	-0.72
Total Assets	0.77		0.39	0.6	0.82	0.96	0.88	0.12	0.23	0.64	0.82	1.0	0.8	0.82	0.69	0.75	0.63	0.7	0.41	0.68	0.53	0.94	0.19	0.38	0.37	-0.59
Short Long Term Debt Total	-0.09	0.39		0.58	0.7	0.17	0.36	0.95	0.19	0.81	-0.02	0.41	0.13	-0.01	0.07	-0.07	0.93	0.83	0.37	0.92	-0.2	0.28	0.65	0.2	0.43	-0.26
Other Current Liab	0.26	0.6	0.58		0.82	0.5	0.45	0.49	0.3	0.58	0.29	0.61	0.47	0.29	0.6	0.36	0.61	0.61	0.24	0.67	0.1	0.5	0.59	0.25	0.12	-0.27
Total Current Liabilities	0.43	0.82	0.7	0.82		0.7	0.76	0.53	0.29	0.8	0.44	0.84	0.59	0.45	0.48	0.42	0.79	0.84	0.27	0.85	0.3	0.7	0.56	0.15	0.46	-0.55
Total Stockholder Equity	0.77	0.96	0.17	0.5	0.7		0.87	-0.1	0.35	0.44	0.83	0.96	0.73	0.83	0.7	0.78	0.41	0.49	0.4	0.47	0.65	0.87	0.07	0.29	0.37	-0.47
Property Plant And Equipment Net	0.59	0.88	0.36	0.45	0.76	0.87		0.09	0.32	0.58	0.68	0.88	0.63	0.68	0.57	0.66	0.53	0.59	0.36	0.59	0.72	0.79	0.13	0.17	0.64	-0.61
Net Debt	-0.35	0.12	0.95	0.49	0.53	-0.1	0.09		0.18	0.66	-0.32	0.15	-0.11	-0.31	-0.12	-0.36	0.8	0.69	0.31	0.77	-0.43	-0.02	0.7	0.12	0.32	-0.04
Retained Earnings	-0.3	0.23	0.19	0.3	0.29	0.35	0.32	0.18		-0.07	-0.11	0.28	-0.32	-0.12	0.06	-0.07	0.05	-0.03	0.52	0.09	0.19	-0.06	0.29	-0.25	0.52	0.5
Accounts Payable	0.35	0.64	0.81	0.58	0.8	0.44	0.58	0.66	-0.07		0.36	0.64	0.56	0.36	0.32	0.29	0.93	0.94	0.3	0.93	-0.01	0.61	0.41	0.3	0.33	-0.65
Cash	0.93	0.82	-0.02	0.29	0.44	0.83	0.68	-0.32	-0.11	0.36		0.79	0.86	1.0	0.71	0.96	0.29	0.35	0.15	0.32	0.62	0.93	-0.25	0.38	0.02	-0.64
Non Current Assets Total	0.74	1.0	0.41	0.61	0.84	0.96	0.88	0.15	0.28	0.64	0.79		0.76	0.79	0.68	0.72	0.64	0.7	0.43	0.69	0.52	0.91	0.23	0.37	0.4	-0.56
Non Currrent Assets Other	0.93	0.8	0.13	0.47	0.59	0.73	0.63	-0.11	-0.32	0.56	0.86	0.76		0.87	0.77	0.82	0.45	0.57	0.01	0.48	0.48	0.91	-0.05	0.49	0.02	-0.83
Cash And Short Term Investments	0.93	0.82	-0.01	0.29	0.45	0.83	0.68	-0.31	-0.12	0.36	1.0	0.79	0.87		0.71	0.96	0.3	0.36	0.15	0.33	0.62	0.94	-0.25	0.39	0.03	-0.64
Net Receivables	0.68	0.69	0.07	0.6	0.48	0.7	0.57	-0.12	0.06	0.32	0.71	0.68	0.77	0.71		0.75	0.3	0.33	0.25	0.34	0.47	0.71	0.06	0.53	0.04	-0.45
Short Term Investments	0.85	0.75	-0.07	0.36	0.42	0.78	0.66	-0.36	-0.07	0.29	0.96	0.72	0.82	0.96	0.75		0.21	0.25	0.09	0.25	0.68	0.88	-0.28	0.31	0.0	-0.6
Non Current Liabilities Total	0.25	0.63	0.93	0.61	0.79	0.41	0.53	0.8	0.05	0.93	0.29	0.64	0.45	0.3	0.3	0.21		0.94	0.45	0.99	-0.05	0.57	0.5	0.37	0.35	-0.5
Inventory	0.39	0.7	0.83	0.61	0.84	0.49	0.59	0.69	-0.03	0.94	0.35	0.7	0.57	0.36	0.33	0.25	0.94		0.3	0.95	0.01	0.63	0.53	0.35	0.36	-0.62
Other Stockholder Equity	0.02	0.41	0.37	0.24	0.27	0.4	0.36	0.31	0.52	0.3	0.15	0.43	0.01	0.15	0.25	0.09	0.45	0.3		0.44	0.03	0.25	0.06	0.18	0.25	0.17
Total Liab	0.28	0.68	0.92	0.67	0.85	0.47	0.59	0.77	0.09	0.93	0.32	0.69	0.48	0.33	0.34	0.25	0.99	0.95	0.44		0.01	0.6	0.52	0.34	0.38	-0.52
Property Plant And Equipment Gross	0.54	0.53	-0.2	0.1	0.3	0.65	0.72	-0.43	0.19	-0.01	0.62	0.52	0.48	0.62	0.47	0.68	-0.05	0.01	0.03	0.01		0.56	-0.37	-0.09	0.49	-0.43
Total Current Assets	0.9	0.94	0.28	0.5	0.7	0.87	0.79	-0.02	-0.06	0.61	0.93	0.91	0.91	0.94	0.71	0.88	0.57	0.63	0.25	0.6	0.56		-0.01	0.42	0.18	-0.73
Short Term Debt	-0.19	0.19	0.65	0.59	0.56	0.07	0.13	0.7	0.29	0.41	-0.25	0.23	-0.05	-0.25	0.06	-0.28	0.5	0.53	0.06	0.52	-0.37	-0.01		0.16	0.18	0.01
Other Current Assets	0.44	0.38	0.2	0.25	0.15	0.29	0.17	0.12	-0.25	0.3	0.38	0.37	0.49	0.39	0.53	0.31	0.37	0.35	0.18	0.34	-0.09	0.42	0.16		-0.11	-0.32
Current Deferred Revenue	-0.06	0.37	0.43	0.12	0.46	0.37	0.64	0.32	0.52	0.33	0.02	0.4	0.02	0.03	0.04	0.0	0.35	0.36	0.25	0.38	0.49	0.18	0.18	-0.11		-0.14
Intangible Assets	-0.72	-0.59	-0.26	-0.27	-0.55	-0.47	-0.61	-0.04	0.5	-0.65	-0.64	-0.56	-0.83	-0.64	-0.45	-0.6	-0.5	-0.62	0.17	-0.52	-0.43	-0.73	0.01	-0.32	-0.14

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Barrick Gold Account Relationship Matchups

Barrick Gold fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	1.8B	1.8B	1.8B	1.8B	1.7B	875.0M
Total Assets	46.5B	46.9B	46.0B	45.8B	47.6B	25.0B
Short Long Term Debt Total	5.4B	5.5B	5.3B	5.2B	6.0B	5.2B
Other Current Liab	835M	1.2B	2.3B	1.3B	120M	114M
Total Current Liabilities	2.2B	2.1B	3.1B	2.4B	2.6B	1.6B
Total Stockholder Equity	21.4B	23.3B	23.9B	22.8B	24.3B	12.2B
Property Plant And Equipment Net	24.7B	25.0B	25.9B	26.4B	28.6B	30.1B
Net Debt	176M	193M	810M	1.1B	1.1B	1.1B
Retained Earnings	(7.9B)	(6.6B)	(7.3B)	(6.7B)	(5.3B)	(5.0B)
Accounts Payable	929M	539M	741M	678M	655M	600.6M
Cash	5.2B	5.3B	4.4B	4.1B	4.1B	2.2B
Non Current Assets Total	38.4B	38.6B	37.5B	38.4B	40.0B	20.6B
Non Currrent Assets Other	3.6B	3.7B	3.8B	4.0B	3.0B	2.0B
Cash And Short Term Investments	5.2B	5.3B	4.4B	4.1B	4.1B	2.2B
Net Receivables	766M	942M	906M	1.2B	204M	373.0M
Short Term Investments	1.5B	1.6B	1.4B	1.2B	954M	756.3M
Liabilities And Stockholders Equity	46.5B	46.9B	46.0B	45.8B	47.6B	25.0B
Non Current Liabilities Total	12.6B	12.5B	11.6B	11.5B	11.7B	8.6B
Inventory	1.9B	1.7B	1.8B	1.8B	1.9B	1.3B
Other Stockholder Equity	2.0B	2.0B	1.9B	1.9B	71M	67.5M
Total Liab	14.8B	14.6B	14.7B	13.8B	14.4B	10.2B
Property Plant And Equipment Gross	24.6B	65.2B	68.8B	71.1B	74.2B	77.9B
Total Current Assets	8.1B	8.2B	8.5B	7.4B	7.6B	4.3B
Accumulated Other Comprehensive Income	14M	(23M)	26M	24M	27.6M	29.0M
Short Term Debt	43M	375M	20M	24M	45M	0.0
Other Current Assets	812M	993M	91M	1.3B	53M	50.4M
Current Deferred Revenue	47M	43M	54M	1.4B	1.7B	1.7B
Intangible Assets	86M	77M	68M	67M	66M	62.7M
Other Assets	3.7B	3.8B	3.3B	3.2B	3.3B	3.0B
Common Stock	29.2B	28.5B	28.1B	28.1B	27.7B	25.6B
Other Liab	7.0B	7.2B	7.0B	6.4B	7.3B	6.8B
Net Tangible Assets	16.4B	18.4B	18.9B	19.0B	21.9B	12.3B
Long Term Debt	5.3B	5.4B	5.2B	5.1B	5.1B	5.7B
Long Term Investments	5.1B	5.0B	4.1B	4.3B	4.2B	3.0B
Property Plant Equipment	24.6B	25.0B	25.8B	26.4B	28.6B	23.0B
Long Term Debt Total	5.3B	5.4B	5.3B	5.2B	5.2B	4.9B

Pair Trading with Barrick Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Barrick Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Barrick Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Barrick Stock

0.86	AG	First Majestic Silver Earnings Call This Week	Pair Corr
0.75	IE	Ivanhoe Energy	Pair Corr
0.68	FDY	Faraday Copper Corp Earnings Call This Week	Pair Corr

Moving against Barrick Stock

0.89	BRK	Berkshire Hathaway CDR	Pair Corr
0.76	FDR	Flinders Resources	Pair Corr
0.66	MFC	Manulife Financial Corp	Pair Corr

The ability to find closely correlated positions to Barrick Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Barrick Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Barrick Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Barrick Gold Corp to buy it.

The correlation of Barrick Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Barrick Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Barrick Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Barrick Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Barrick Stock

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.

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Barrick Net Debt vs Current Deferred Revenue Analysis

Net Debt vs Current Deferred Revenue

Net Debt vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Net Debt

Current Deferred Revenue

Barrick Gold fundamental ratios Correlations

Barrick Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Barrick Gold fundamental ratios Accounts

Pair Trading with Barrick Gold

Moving together with Barrick Stock

Moving against Barrick Stock

Other Information on Investing in Barrick Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Non Current Liabilities Total
Total Stockholder Equity	+ 0.96	Total Assets
Non Current Assets Total	+ 0.96	Total Stockholder Equity
Short Term Investments	+ 0.96	Cash

Intangible Assets	- 0.83	Non Currrent Assets Other
Intangible Assets	- 0.73	Total Current Assets
Intangible Assets	- 0.72	Common Stock Shares Outstanding
Intangible Assets	- 0.65	Accounts Payable
Intangible Assets	- 0.64	Cash And Short Term Investments
Intangible Assets	- 0.64	Cash