Barrick Historical Balance Sheet
ABX Stock | CAD 29.47 0.22 0.75% |
Trend analysis of Barrick Gold Corp balance sheet accounts such as Total Assets of 25 B, Short and Long Term Debt Total of 5.2 B or Other Current Liab of 114 M 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.
Financial Statement Analysis is much more than just reviewing and examining Barrick 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 Barrick Gold Corp is a good buy for the upcoming year.
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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
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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.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.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 accounts from Barrick Gold's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 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 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. At this time, Barrick Gold's Long Term Debt is very stable compared to the past year. As of the 4th of August 2025, Deferred Long Term Liabilities is likely to grow to about 1.3 B, while Common Stock Shares Outstanding is likely to drop about 875 M.
2022 | 2024 | 2025 (projected) | Other Assets | 3.3B | 3.3B | 3.0B | Intangible Assets | 67M | 66M | 62.7M |
Barrick Gold balance sheet Correlations
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Barrick Gold Account Relationship Matchups
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Barrick Gold balance sheet 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
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Moving against Barrick Stock
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.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.