Barrick Stock Financials


USD 16.80  0.09  0.53%   

Barrick Gold Free Cash Flow is projected to increase significantly based on the last few years of reporting. The past year's Free Cash Flow was at 1.94 Billion.
With this module, you can analyze Barrick financials for your investing period. You should be able to track the changes in Barrick Gold individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

Barrick Most Recent Estimates

Quarterly Earnings Growth YOY
Diluted Eps
EPS Estimate Current Year
EPS Estimate Next Year
EPS Estimate Current Quarter
Earnings Share
Understanding current and past Barrick Gold Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Barrick Gold's financial statements are interrelated, with each one affecting the others. For example, an increase in Barrick Gold's assets may result in an increase in income on the income statement.


10.86 Billion

The financial analysis of Barrick Gold is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Barrick Gold includes many different criteria found on its balance sheet. For example, investors should never minimize Barrick Gold's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Barrick Gold's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Barrick Gold.

Barrick Gold Corp Cash

Chance Of Financial Distress
Less than 10
Barrick Gold Corp has less than 10 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Barrick Gold stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Barrick Gold's official financial statements usually reflect Barrick Gold's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Barrick Gold Corp. For example, before you start analyzing numbers published by Barrick accountants, it's critical to develop an understanding of what Barrick Gold's liquidity, profitability, and earnings quality are in the context of the Metals & Mining space in which it operates.
Please note, the presentation of Barrick Gold's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Barrick Gold's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Barrick Gold's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Barrick Gold Corp. Please utilize our Beneish M Score to check the likelihood of Barrick Gold's management to manipulate its earnings.

Barrick Gold Company Summary

Barrick Gold competes with Verizon Communications, General Electric, American Express, and Intel. Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada. Barrick Gold is traded on New York Stock Exchange in the United States.
Basic Materials, Materials
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0001175580
Business AddressTD Canada Trust
SectorMetals & Mining
BenchmarkNYSE Composite
Phone416 861 9911
CurrencyUSD - US Dollar
You should never invest in Barrick Gold without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Barrick Stock, because this is throwing your money away. Analyzing the key information contained in Barrick Gold's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Barrick Gold Key Financial Ratios

Generally speaking, Barrick Gold's financial ratios allow both analysts and investors to convert raw data from Barrick Gold's financial statements into concise, actionable information that can be used to evaluate the performance of Barrick Gold over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Barrick Gold Corp reports annually and quarterly.

Barrick Gold Key Balance Sheet Accounts

201720182019202020212022 (projected)
Total Assets25.31 B22.63 B44.39 B46.51 B46.89 B40.18 B
Current Assets4.68 B3.98 B6.89 B8.14 B8.25 B7.87 B
Assets Non Current20.62 B18.65 B37.51 B38.36 B38.64 B33.28 B
Cash and Equivalents2.23 B1.57 B3.31 B5.19 B5.28 B4.48 B
Total Debt6.42 B5.74 B5.54 B5.16 B5.15 B6.51 B
Debt Current59 M43 M375 M20 M15 M15.39 M
Debt Non Current6.36 B5.7 B5.16 B5.13 B4.62 B6.11 B
Shareholders Equity9.29 B7.59 B21.43 B23.34 B23.86 B21.49 B
Inventory3.57 B3.55 B4.59 B4.44 B4.37 B4.6 B
Investments1.21 B1.23 B4.53 B4.67 B4.59 B4.96 B
Total Liabilities14.24 B13.25 B14.56 B14.8 B14.58 B15.02 B
Current Liabilities1.75 B1.67 B2.38 B2.22 B2.09 B2.11 B
Tax Assets1.07 B259 M235 M98 M29 M29.76 M
Tax Liabilities1.54 B1.44 B3.31 B3.47 B3.58 B2.97 B

Barrick Gold Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Barrick Gold's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201720182019202020212022 (projected)
Consolidated Income1.52 B(1.44 B)4.57 B3.61 B3.29 B3.55 B
Cost of Revenue5.3 B5.22 B6.91 B7.42 B7.09 B6.48 B
Gross Profit3.07 B2.02 B2.81 B5.18 B4.9 B4.38 B
Interest Expense691 M545 M469 M347 M355 M488.63 M
Net Income1.44 B(1.54 B)3.97 B2.32 B2.02 B2.18 B
Operating Expenses(354 M)1.53 B(864 M)301 M393 M403.34 M
Operating Income3.43 B488 M3.67 B4.88 B4.5 B4.86 B
Revenues8.37 B7.24 B9.72 B12.6 B11.98 B10.86 B
Income Tax Expense1.23 B1.2 B1.78 B1.33 B1.34 B1.28 B

Barrick Gold Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Barrick Gold Corp. It measures of how well Barrick is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Barrick Gold brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Barrick had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Barrick Gold has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201720182019202020212022 (projected)
Capital Expenditure(1.4 B)(1.4 B)(1.7 B)(2.05 B)(2.44 B)(2.63 B)
Depreciation Amortization and Accretion1.65 B1.46 B2.03 B2.21 B2.1 B2.12 B
Net Cash Flow or Change in Cash and Cash Equivalents(155 M)(663 M)1.74 B1.87 B92 M117.26 M
Net Cash Flow Business Acquisitions and Disposals588 M990 M1.5 B283 M27 M29.13 M
Issuance Repayment of Debt Securities(1.64 B)(687 M)(309 M)(379 M)(27 M)(29.13 M)
Net Cash Flow from Financing(1.89 B)(925 M)(1.14 B)(2.25 B)(2.39 B)(2.45 B)
Net Cash Flow from Investing(337 M)(1.49 B)50 M(1.29 B)(1.9 B)(2.05 B)
Net Cash Flow Investment Acquisitions and Disposals41 M(159 M)(4 M)440 M476 M513.58 M
Net Cash Flow from Operations2.06 B1.76 B2.83 B5.42 B4.38 B3.82 B

Barrick Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Barrick Gold's current stock value. Our valuation model uses many indicators to compare Barrick Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Barrick Gold competition to find correlations between indicators driving Barrick Gold's intrinsic value. More Info.
Barrick Gold Corp is one of the top stocks in current asset category among related companies. It is one of the top stocks in working capital category among related companies reporting about  0.71  of Working Capital per Current Asset. The ratio of Current Asset to Working Capital for Barrick Gold Corp is roughly  1.41 . Barrick Gold Working Capital is projected to increase significantly based on the last few years of reporting. The past year's Working Capital was at 6.16 Billion. Comparative valuation analysis is a catch-all model that can be used if you cannot value Barrick Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Barrick Gold's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Barrick Gold's earnings, one of the primary drivers of an investment's value.

Barrick Gold Corp Systematic Risk

Barrick Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Barrick Gold volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was seven with a total number of output elements of fifty-four. The Beta measures systematic risk based on how returns on Barrick Gold Corp correlated with the market. If Beta is less than 0 Barrick Gold generally moves in the opposite direction as compared to the market. If Barrick Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Barrick Gold Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Barrick Gold is generally in the same direction as the market. If Beta > 1 Barrick Gold moves generally in the same direction as, but more than the movement of the benchmark.

About Barrick Gold Financials

What exactly are Barrick Gold Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Barrick Gold's income statement, its balance sheet, and the statement of cash flows. Potential Barrick Gold investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Barrick Gold investors may use each financial statement separately, they are all related. The changes in Barrick Gold's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Barrick Gold's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Barrick Gold is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Barrick has grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Barrick Gold Thematic Clasifications

Barrick Gold Corp is part of Gold and Gold Mining investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Stocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas. Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products
Gold and Gold Mining Idea
Gold and Gold MiningView
This theme covers Stocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas. Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. Get More Thematic Ideas

Barrick Gold December 8, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Barrick Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Barrick Gold Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Barrick Gold Corp based on widely used predictive technical indicators. In general, we focus on analyzing Barrick Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Barrick Gold's daily price indicators and compare them against related drivers.
Downside Deviation2.84
Information Ratio0.0585
Maximum Drawdown14.75
Value At Risk(3.89)
Potential Upside6.09
Please check Risk vs Return Analysis. You can also try Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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 YOY
Market Capitalization
29.9 B
Quarterly Revenue Growth YOY
Return On Assets
Return On Equity
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 Barrick Gold value 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.