Eldorado Historical Balance Sheet

EGO Stock

USD 15.70 0.01 0.06%

Trend analysis of Eldorado Gold Corp balance sheet accounts such as Total Current Liabilities of 287.9 M or Total Stockholder Equity of 2.2 B provides information on Eldorado Gold's total assets, liabilities, and equity, which is the actual value of Eldorado Gold Corp to its prevalent stockholders. By breaking down trends over time using Eldorado 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.

Cash Flow Balance Sheet Income Statement

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Covid

Financial Statement Analysis is much more than just reviewing and examining Eldorado Gold Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Eldorado Gold Corp is a good buy for the upcoming year.

Eldorado Gold Inventory

247.68 Million

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eldorado 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 price.

About Eldorado Balance Sheet Analysis

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

Eldorado Gold Balance Sheet Chart

At this time, Eldorado Gold's Inventory is very stable compared to the past year. As of the 27th of November 2024, Total Current Assets is likely to grow to about 976.9 M, while Total Assets are likely to drop about 3 B.

Short Long Term Debt Total Common Stock Shares Outstanding Other Stockholder Equity Other Current Liab Other Liab

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Common Stock Shares Outstanding

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

Most accounts from Eldorado Gold's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Eldorado Gold Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eldorado 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 price.

	2021	2022	2023	2024 (projected)
Long Term Debt	489.8M	494.4M	641.7M	381.8M
Other Liabilities	579.5M	539.5M	620.5M	651.5M

Long Term Debt Other Liab

Eldorado Gold balance sheet Correlations

	Total Assets	Short Long Term Debt Total	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	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Other Stockholder Equity	Short Term Debt	Other Current Liab	Other Assets	Other Liab	Long Term Debt	Short Term Investments
Total Assets		0.62	0.47	1.0	0.99	-0.06	0.2	0.84	0.61	1.0	0.02	0.7	0.45	0.63	0.93	0.71	0.22	0.95	0.7	-0.2	0.06	0.54	0.41	-0.06	0.79	0.14
Short Long Term Debt Total	0.62		0.44	0.57	0.66	0.36	-0.49	0.54	0.55	0.61	0.31	0.47	0.78	0.67	0.78	0.71	-0.06	0.77	0.67	0.02	0.17	0.41	-0.21	0.58	0.6	0.16
Total Current Liabilities	0.47	0.44		0.49	0.46	0.13	-0.14	0.75	0.28	0.47	0.57	0.18	0.58	0.55	0.33	0.85	0.61	0.44	0.51	0.1	-0.29	0.65	0.23	0.22	0.47	0.06
Total Stockholder Equity	1.0	0.57	0.49		0.97	-0.13	0.25	0.84	0.63	0.99	0.01	0.71	0.43	0.61	0.89	0.71	0.24	0.92	0.71	-0.18	0.03	0.53	0.45	-0.11	0.78	0.12
Property Plant And Equipment Net	0.99	0.66	0.46	0.97		0.07	0.12	0.82	0.52	0.99	-0.01	0.62	0.44	0.66	0.95	0.69	0.18	0.97	0.62	-0.19	0.1	0.51	0.43	0.02	0.77	0.16
Net Debt	-0.06	0.36	0.13	-0.13	0.07		-0.59	0.04	-0.58	0.01	0.03	-0.59	0.31	0.29	0.17	0.11	-0.04	0.17	-0.4	0.03	-0.07	0.05	-0.1	0.55	-0.07	0.04
Retained Earnings	0.2	-0.49	-0.14	0.25	0.12	-0.59		0.11	0.09	0.21	-0.3	0.14	-0.3	-0.54	-0.05	-0.11	-0.05	-0.05	0.01	-0.64	-0.17	-0.05	0.36	-0.92	-0.09	-0.2
Accounts Payable	0.84	0.54	0.75	0.84	0.82	0.04	0.11		0.44	0.84	0.36	0.49	0.48	0.63	0.75	0.84	0.5	0.82	0.62	-0.2	-0.01	0.71	0.28	0.04	0.71	0.11
Cash	0.61	0.55	0.28	0.63	0.52	-0.58	0.09	0.44		0.54	0.24	0.94	0.41	0.34	0.54	0.53	-0.01	0.53	0.96	0.0	0.21	0.32	-0.08	0.03	0.6	0.11
Non Current Assets Total	1.0	0.61	0.47	0.99	0.99	0.01	0.21	0.84	0.54		-0.01	0.63	0.44	0.61	0.93	0.7	0.21	0.95	0.64	-0.24	0.04	0.53	0.44	-0.07	0.76	0.12
Non Currrent Assets Other	0.02	0.31	0.57	0.01	-0.01	0.03	-0.3	0.36	0.24	-0.01		0.12	0.42	0.21	0.01	0.44	0.35	0.07	0.37	0.12	0.2	0.44	-0.39	0.4	0.35	0.18
Cash And Short Term Investments	0.7	0.47	0.18	0.71	0.62	-0.59	0.14	0.49	0.94	0.63	0.12		0.25	0.44	0.64	0.42	0.04	0.63	0.87	0.03	0.28	0.36	0.05	-0.04	0.66	0.25
Net Receivables	0.45	0.78	0.58	0.43	0.44	0.31	-0.3	0.48	0.41	0.44	0.42	0.25		0.45	0.5	0.75	0.08	0.51	0.59	-0.01	-0.16	0.39	-0.29	0.35	0.43	-0.11
Common Stock Shares Outstanding	0.63	0.67	0.55	0.61	0.66	0.29	-0.54	0.63	0.34	0.61	0.21	0.44	0.45		0.7	0.62	0.46	0.75	0.49	0.5	0.06	0.58	0.23	0.55	0.74	0.26
Non Current Liabilities Total	0.93	0.78	0.33	0.89	0.95	0.17	-0.05	0.75	0.54	0.93	0.01	0.64	0.5	0.7		0.64	0.08	0.99	0.63	-0.17	0.2	0.51	0.21	0.18	0.77	0.19
Inventory	0.71	0.71	0.85	0.71	0.69	0.11	-0.11	0.84	0.53	0.7	0.44	0.42	0.75	0.62	0.64		0.48	0.7	0.75	-0.03	-0.19	0.65	0.15	0.2	0.66	0.03
Other Current Assets	0.22	-0.06	0.61	0.24	0.18	-0.04	-0.05	0.5	-0.01	0.21	0.35	0.04	0.08	0.46	0.08	0.48		0.18	0.18	0.31	-0.27	0.62	0.41	0.01	0.37	0.17
Total Liab	0.95	0.77	0.44	0.92	0.97	0.17	-0.05	0.82	0.53	0.95	0.07	0.63	0.51	0.75	0.99	0.7	0.18		0.64	-0.13	0.14	0.58	0.26	0.18	0.8	0.2
Total Current Assets	0.7	0.67	0.51	0.71	0.62	-0.4	0.01	0.62	0.96	0.64	0.37	0.87	0.59	0.49	0.63	0.75	0.18	0.64		0.02	0.11	0.48	-0.03	0.11	0.69	0.13
Other Stockholder Equity	-0.2	0.02	0.1	-0.18	-0.19	0.03	-0.64	-0.2	0.0	-0.24	0.12	0.03	-0.01	0.5	-0.17	-0.03	0.31	-0.13	0.02		0.07	-0.03	0.11	0.51	0.22	0.07
Short Term Debt	0.06	0.17	-0.29	0.03	0.1	-0.07	-0.17	-0.01	0.21	0.04	0.2	0.28	-0.16	0.06	0.2	-0.19	-0.27	0.14	0.11	0.07		-0.14	-0.11	0.43	0.29	0.21
Other Current Liab	0.54	0.41	0.65	0.53	0.51	0.05	-0.05	0.71	0.32	0.53	0.44	0.36	0.39	0.58	0.51	0.65	0.62	0.58	0.48	-0.03	-0.14		0.18	0.16	0.64	0.13
Other Assets	0.41	-0.21	0.23	0.45	0.43	-0.1	0.36	0.28	-0.08	0.44	-0.39	0.05	-0.29	0.23	0.21	0.15	0.41	0.26	-0.03	0.11	-0.11	0.18		-0.31	0.33	-0.01
Other Liab	-0.06	0.58	0.22	-0.11	0.02	0.55	-0.92	0.04	0.03	-0.07	0.4	-0.04	0.35	0.55	0.18	0.2	0.01	0.18	0.11	0.51	0.43	0.16	-0.31		0.25	0.13
Long Term Debt	0.79	0.6	0.47	0.78	0.77	-0.07	-0.09	0.71	0.6	0.76	0.35	0.66	0.43	0.74	0.77	0.66	0.37	0.8	0.69	0.22	0.29	0.64	0.33	0.25		0.05
Short Term Investments	0.14	0.16	0.06	0.12	0.16	0.04	-0.2	0.11	0.11	0.12	0.18	0.25	-0.11	0.26	0.19	0.03	0.17	0.2	0.13	0.07	0.21	0.13	-0.01	0.13	0.05

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Eldorado Gold Account Relationship Matchups

Eldorado Gold balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.6B	4.9B	4.9B	4.5B	5.0B	3.0B
Short Long Term Debt Total	504.8M	527.1M	511.9M	511.4M	658.8M	691.7M
Total Current Liabilities	221.7M	262.0M	206.7M	210.9M	274.2M	287.9M
Total Stockholder Equity	3.4B	3.6B	3.6B	3.2B	3.5B	2.2B
Property Plant And Equipment Net	4.1B	4.0B	4.0B	3.6B	3.8B	2.4B
Net Debt	327.0M	75.1M	30.6M	231.6M	118.3M	124.2M
Retained Earnings	(2.2B)	(2.1B)	(2.2B)	(2.6B)	(2.5B)	(2.4B)
Accounts Payable	67.1M	65.1M	71.0M	74.9M	93.3M	55.1M
Cash	177.7M	452.0M	481.3M	279.7M	540.5M	567.5M
Non Current Assets Total	4.2B	4.1B	4.2B	3.8B	4.1B	2.5B
Non Currrent Assets Other	32.3M	41.7M	4.2M	60.5M	88.4M	92.9M
Cash And Short Term Investments	184.8M	511.2M	481.5M	314.9M	544.4M	278.9M
Net Receivables	63.5M	53.7M	23.0M	67.0M	99.9M	104.9M
Common Stock Shares Outstanding	161.5M	175.2M	180.3M	183.4M	195.3M	98.9M
Liabilities And Stockholders Equity	4.6B	4.9B	4.9B	4.5B	5.0B	3.0B
Non Current Liabilities Total	953.4M	980.5M	1.1B	1.0B	1.2B	611.9M
Inventory	163.2M	176.3M	178.2M	198.9M	235.9M	247.7M
Other Current Assets	24.3M	43.1M	45.6M	85.0M	50.1M	28.2M
Total Liab	1.2B	1.2B	1.3B	1.3B	1.5B	740.8M
Total Current Assets	435.9M	766.2M	728.2M	632.5M	930.4M	976.9M
Accumulated Other Comprehensive Income	(29.0M)	(30.3M)	(20.9M)	(42.3M)	(4.8M)	(5.0M)
Other Stockholder Equity	2.6B	2.6B	2.6B	2.6B	2.6B	1.4B
Short Term Debt	76.6M	78.0M	7.2M	4.8M	5.0M	4.8M
Other Current Liab	4.3M	108.0M	109.2M	127.1M	152.0M	76.9M
Other Assets	32.3M	41.7M	46.8M	19.6M	(4.8M)	(4.5M)
Other Liab	525.2M	531.4M	579.5M	539.5M	620.5M	651.5M
Long Term Debt	413.1M	434.5M	489.8M	494.4M	641.7M	381.8M
Short Term Investments	7.1M	59.2M	163K	35.1M	4.0M	3.8M
Property Plant And Equipment Gross	4.1B	4.0B	7.2B	7.0B	7.4B	7.8B
Common Stock	3.1B	3.1B	3.2B	3.2B	3.4B	2.7B
Property Plant Equipment	4.1B	4.0B	4.0B	3.6B	4.1B	2.9B
Treasury Stock	(10.1M)	(8.7M)	(11.5M)	(10.3M)	(9.3M)	(9.7M)
Net Tangible Assets	3.3B	3.5B	3.5B	3.1B	2.8B	2.9B
Deferred Long Term Liab	2.9M	2.2M	2.0M	1.5M	1.3M	1.3M
Long Term Debt Total	428.2M	449.1M	504.7M	506.6M	455.9M	426.6M

Pair Trading with Eldorado 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 Eldorado 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 Eldorado Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Eldorado Stock

0.68

DOW

Dow Inc Fiscal Year End 23rd of January 2025

Pair Corr

Moving against Eldorado Stock

0.56

KALU

Kaiser Aluminum

Pair Corr

The ability to find closely correlated positions to Eldorado 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 Eldorado 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 Eldorado 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 Eldorado Gold Corp to buy it.

The correlation of Eldorado 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 Eldorado Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eldorado 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 Eldorado 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

When determining whether Eldorado Gold Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eldorado Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eldorado Gold Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eldorado Gold Corp Stock:

How To Invest In Eldorado

Details

Is Eldorado Stock a good investment?

Details

What is Eldorado Gold's Net Worth?

Details

Largest Metals & Mining Companies

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Largest Materials Companies

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You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Is Metals & Mining 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 Eldorado Gold. If investors know Eldorado 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 Eldorado 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

55.667

Earnings Share

1.41

Revenue Per Share

5.868

Quarterly Revenue Growth

0.355

Return On Assets

0.0386

The market value of Eldorado Gold Corp is measured differently than its book value, which is the value of Eldorado that is recorded on the company's balance sheet. Investors also form their own opinion of Eldorado Gold's value that differs from its market value or its book value, called intrinsic value, which is Eldorado 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 Eldorado Gold's market value can be influenced by many factors that don't directly affect Eldorado 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 Eldorado Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eldorado Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eldorado 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.

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Eldorado Historical Balance Sheet

Eldorado Gold Inventory

247.68 Million

About Eldorado Balance Sheet Analysis

Eldorado Gold Balance Sheet Chart

Common Stock Shares Outstanding

Eldorado Gold balance sheet Correlations

Eldorado Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Eldorado Gold balance sheet Accounts

Pair Trading with Eldorado Gold

Moving together with Eldorado Stock

Moving against Eldorado Stock

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Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Liab	+ 0.99	Non Current Liabilities Total

Other Liab	- 0.92	Retained Earnings
Other Stockholder Equity	- 0.64	Retained Earnings
Cash And Short Term Investments	- 0.59	Net Debt
Retained Earnings	- 0.59	Net Debt
Cash	- 0.58	Net Debt
Common Stock Shares Outstanding	- 0.54	Retained Earnings