Guru Historical Balance Sheet
GURU Stock | CAD 1.65 0.04 2.37% |
Trend analysis of Guru Organic Energy balance sheet accounts such as Other Current Liabilities of 7.2 M or Total Current Liabilities of 6.9 M provides information on Guru Organic's total assets, liabilities, and equity, which is the actual value of Guru Organic Energy to its prevalent stockholders. By breaking down trends over time using Guru Organic 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 Guru Organic Energy 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 Guru Organic Energy is a good buy for the upcoming year.
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About Guru Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Guru Organic Energy at a specified time, usually calculated after every quarter, six months, or one year. Guru Organic Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guru Organic 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 Guru currently owns. An asset can also be divided into two categories, current and non-current.
Guru Organic Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Guru Organic assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Guru Organic Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Guru Organic balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Guru Organic Energy are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most accounts from Guru Organic's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Guru Organic Energy 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guru Organic Energy. 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, Guru Organic's Other Stockholder Equity is very stable compared to the past year. As of the 9th of November 2024, Accumulated Other Comprehensive Income is likely to grow to about 118 K, while Total Assets are likely to drop about 39.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 2.0M | 1.6M | 1.4M | 1.5M | Total Assets | 65.3M | 48.7M | 55.9M | 39.9M |
Guru Organic balance sheet Correlations
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Guru Organic Account Relationship Matchups
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Guru Organic balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 41.8M | 85.0M | 65.3M | 48.7M | 55.9M | 39.9M | |
Short Long Term Debt Total | 235.4K | 1.9M | 2.0M | 1.6M | 1.4M | 1.5M | |
Other Current Liab | 315.4K | 6.9M | 6.3M | 5.9M | 6.8M | 7.2M | |
Total Current Liabilities | 7.9M | 10.7M | 8.7M | 7.6M | 8.8M | 6.9M | |
Total Stockholder Equity | 33.6M | 72.5M | 55.1M | 39.8M | 45.8M | 32.2M | |
Other Liab | 82.4K | 93.5K | 203.8K | 19.8K | 22.8K | 21.7K | |
Net Tangible Assets | 1.9M | 33.5M | 72.5M | 55.1M | 63.3M | 66.5M | |
Property Plant And Equipment Net | 249.9K | 3.0M | 3.9M | 2.9M | 3.4M | 1.8M | |
Net Debt | (29.9M) | (65.0M) | (23.5M) | (14.2M) | (12.8M) | (13.5M) | |
Retained Earnings | (3.6M) | (13.4M) | (31.2M) | (42.1M) | (37.9M) | (36.0M) | |
Accounts Payable | 3.9M | 3.5M | 1.9M | 1.3M | 1.5M | 2.1M | |
Non Current Assets Total | 1.6M | 4.5M | 5.3M | 4.0M | 4.6M | 3.2M | |
Non Currrent Assets Other | 364.0K | 835.8K | 708.7K | 487.5K | 438.8K | 669.6K | |
Other Assets | 1.1M | 1.4M | 1.5M | 2.0M | 2.3M | 2.4M | |
Cash And Short Term Investments | 30.4M | 67.0M | 46.3M | 33.8M | 38.9M | 28.0M | |
Net Receivables | 2.8M | 5.9M | 5.1M | 4.5M | 5.1M | 3.8M | |
Liabilities And Stockholders Equity | 41.8M | 85.0M | 65.3M | 48.7M | 55.9M | 39.9M | |
Non Current Liabilities Total | 315.5K | 1.8M | 1.6M | 1.2M | 1.4M | 1.0M | |
Inventory | 6.3M | 7.3M | 8.5M | 6.0M | 6.9M | 5.4M | |
Other Current Assets | 395.2K | 378.7K | 198.8K | 333.5K | 300.2K | 296.8K | |
Other Stockholder Equity | (52.5K) | 595.6K | 826.8K | 1.5M | 1.7M | 1.8M | |
Total Liab | 8.2M | 12.5M | 10.3M | 8.8M | 10.1M | 7.8M | |
Deferred Long Term Liab | 376.2K | 364.0K | 835.8K | 708.7K | 815.0K | 516.4K | |
Total Current Assets | 40.1M | 80.5M | 60.1M | 44.6M | 51.3M | 37.0M | |
Accumulated Other Comprehensive Income | (52.5K) | (205.5K) | 46.1K | 97.7K | 112.4K | 118.0K | |
Short Term Debt | 13.3K | 337.9K | 407.3K | 399.7K | 359.7K | 341.7K | |
Intangible Assets | 39.4K | 27.6K | 19.3K | 13.5K | 12.2K | 11.6K | |
Common Stock | 36.6M | 85.6M | 85.4M | 80.3M | 92.4M | 46.4M | |
Property Plant Equipment | 409.7K | 249.9K | 3.0M | 3.2M | 3.7M | 3.9M | |
Cash | 30.4M | 67.0M | 25.5M | 15.8M | 18.2M | 25.5M | |
Common Stock Shares Outstanding | 28.9M | 30.2M | 32.3M | 31.8M | 36.6M | 26.7M |
Pair Trading with Guru Organic
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 Guru Organic 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 Guru Organic will appreciate offsetting losses from the drop in the long position's value.Moving against Guru Stock
0.9 | GIL | Gildan Activewear | PairCorr |
0.86 | GATO | Gatos Silver Earnings Call This Week | PairCorr |
0.85 | BBUC | Brookfield Business Corp | PairCorr |
0.82 | PRMW | Primo Water Corp | PairCorr |
0.73 | FGAA-U | FG Acquisition Corp | PairCorr |
The ability to find closely correlated positions to Guru Organic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Guru Organic 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 Guru Organic - 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 Guru Organic Energy to buy it.
The correlation of Guru Organic 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 Guru Organic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Guru Organic Energy 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 Guru Organic 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 Guru Stock
Balance Sheet is a snapshot of the financial position of Guru Organic Energy at a specified time, usually calculated after every quarter, six months, or one year. Guru Organic Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guru Organic 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 Guru currently owns. An asset can also be divided into two categories, current and non-current.