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Barrick Mining Corporation Financials

B
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2010 Currency USD FYE December

This page shows Barrick Mining Corporation (B) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 71 / 100
Financial Profile 71/100

Based on FY2010 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
100

Barrick Mining Corporation has an operating margin of 45.3%, meaning the company retains $45 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power. This is up from 34.5% the prior year.

Growth
90

Barrick Mining Corporation's revenue surged 34.3% year-over-year to $10.9B, reflecting rapid business expansion. This strong growth earns a score of 90/100.

Leverage
95

Barrick Mining Corporation carries a low D/E ratio of 0.35, meaning only $0.35 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 95/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
54

Barrick Mining Corporation's current ratio of 2.86 indicates adequate short-term liquidity, earning a score of 54/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow
38

Barrick Mining Corporation has a free cash flow margin of 5.2%, earning a moderate score of 38/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
49

Barrick Mining Corporation's ROE of 17.2% shows moderate profitability relative to equity, earning a score of 49/100. This is up from -28.4% the prior year.

Altman Z-Score Safe
4.33

Barrick Mining Corporation scores 4.33, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($69.8B) relative to total liabilities ($12.6B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Strong
7/9

Barrick Mining Corporation passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed
1.26x

For every $1 of reported earnings, Barrick Mining Corporation generates $1.26 in operating cash flow ($4.1B OCF vs $3.3B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue
$10.9B
YoY+34.3%

Barrick Mining Corporation generated $10.9B in revenue in fiscal year 2010. This represents an increase of 34.3% from the prior year.

EBITDA
$6.1B
YoY+59.3%

Barrick Mining Corporation's EBITDA was $6.1B in fiscal year 2010, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 59.3% from the prior year.

Net Income
$3.3B
YoY+176.6%

Barrick Mining Corporation reported $3.3B in net income in fiscal year 2010. This represents an increase of 176.6% from the prior year.

EPS (Diluted)
$3.28
YoY+169.3%

Barrick Mining Corporation earned $3.28 per diluted share (EPS) in fiscal year 2010. This represents an increase of 169.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$567.0M
YoY+111.8%

Barrick Mining Corporation generated $567.0M in free cash flow in fiscal year 2010, representing cash available after capex. This represents an increase of 111.8% from the prior year.

Cash & Debt
$4.0B
YoY+54.8%

Barrick Mining Corporation held $4.0B in cash against $6.7B in long-term debt as of fiscal year 2010.

Dividends Per Share
$0.44
YoY+10.0%

Barrick Mining Corporation paid $0.44 per share in dividends in fiscal year 2010. This represents an increase of 10.0% from the prior year.

Shares Outstanding
998M
YoY+1.4%

Barrick Mining Corporation had 998M shares outstanding in fiscal year 2010. This represents an increase of 1.4% from the prior year.

Margins & Returns

Gross Margin
N/A
Operating Margin
45.3%
YoY+10.7pp

Barrick Mining Corporation's operating margin was 45.3% in fiscal year 2010, reflecting core business profitability. This is up 10.7 percentage points from the prior year.

Net Margin
30.0%
YoY+82.5pp

Barrick Mining Corporation's net profit margin was 30.0% in fiscal year 2010, showing the share of revenue converted to profit. This is up 82.5 percentage points from the prior year.

Return on Equity
17.2%
YoY+45.5pp

Barrick Mining Corporation's ROE was 17.2% in fiscal year 2010, measuring profit generated per dollar of shareholder equity. This is up 45.5 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
$3.6B
YoY+44.3%

Barrick Mining Corporation invested $3.6B in capex in fiscal year 2010, funding long-term assets and infrastructure. This represents an increase of 44.3% from the prior year.

B Income Statement

Metric Q4'10 Q4'09 Q4'08 Q4'07
Revenue N/A N/A N/A N/A
Cost of Revenue N/A N/A N/A N/A
Gross Profit N/A N/A N/A N/A
R&D Expenses N/A N/A N/A N/A
SG&A Expenses N/A N/A N/A N/A
Operating Income N/A N/A N/A N/A
Interest Expense N/A N/A N/A N/A
Income Tax N/A N/A N/A N/A
Net Income N/A N/A N/A N/A
EPS (Diluted) N/A N/A N/A N/A

B Balance Sheet

Metric Q4'10 Q4'09 Q4'08 Q4'07
Total Assets $33.3B+23.1% $27.1B+12.1% $24.2B N/A
Current Assets $7.1B+44.0% $4.9B+20.1% $4.1B N/A
Cash & Equivalents $4.0B+54.8% $2.6B+78.4% $1.4B-34.9% $2.2B
Inventory $1.9B+20.3% $1.5B+20.5% $1.3B N/A
Accounts Receivable $346.0M+37.8% $251.0M+27.4% $197.0M N/A
Goodwill $5.3B+1.7% $5.2B-1.6% $5.3B-8.2% $5.8B
Total Liabilities $12.6B+9.2% $11.5B+32.5% $8.7B N/A
Current Liabilities $2.5B+40.4% $1.8B-3.9% $1.8B N/A
Long-Term Debt $6.7B+6.3% $6.3B+44.4% $4.3B+38.0% $3.2B
Total Equity $19.1B+26.6% $15.1B-1.4% $15.3B-0.4% $15.3B
Retained Earnings $456.0M+119.1% -$2.4B-205.4% $2.3B N/A

B Cash Flow Statement

Metric Q4'10 Q4'09 Q4'08 Q4'07
Operating Cash Flow N/A N/A N/A N/A
Capital Expenditures N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A
Investing Cash Flow N/A N/A N/A N/A
Financing Cash Flow N/A N/A N/A N/A
Dividends Paid N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A

B Financial Ratios

Metric Q4'10 Q4'09 Q4'08 Q4'07
Gross Margin N/A N/A N/A N/A
Operating Margin N/A N/A N/A N/A
Net Margin N/A N/A N/A N/A
Return on Equity N/A N/A N/A N/A
Return on Assets N/A N/A N/A N/A
Current Ratio 2.86+0.1 2.79+0.6 2.23 N/A
Debt-to-Equity 0.35-0.1 0.42+0.1 0.28+0.1 0.21
FCF Margin N/A N/A N/A N/A

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Frequently Asked Questions

Barrick Mining Corporation (B) reported $10.9B in total revenue for fiscal year 2010. This represents a 34.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Barrick Mining Corporation (B) revenue grew by 34.3% year-over-year, from $8.1B to $10.9B in fiscal year 2010.

Yes, Barrick Mining Corporation (B) reported a net income of $3.3B in fiscal year 2010, with a net profit margin of 30.0%.

Barrick Mining Corporation (B) reported diluted earnings per share of $3.28 for fiscal year 2010. This represents a 169.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Barrick Mining Corporation (B) had EBITDA of $6.1B in fiscal year 2010, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2010, Barrick Mining Corporation (B) had $4.0B in cash and equivalents against $6.7B in long-term debt.

Barrick Mining Corporation (B) had an operating margin of 45.3% in fiscal year 2010, reflecting the profitability of core business operations before interest and taxes.

Barrick Mining Corporation (B) had a net profit margin of 30.0% in fiscal year 2010, representing the share of revenue converted into profit after all expenses.

Yes, Barrick Mining Corporation (B) paid $0.44 per share in dividends during fiscal year 2010.

Barrick Mining Corporation (B) has a return on equity of 17.2% for fiscal year 2010, measuring how efficiently the company generates profit from shareholder equity.

Barrick Mining Corporation (B) generated $567.0M in free cash flow during fiscal year 2010. This represents a 111.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Barrick Mining Corporation (B) generated $4.1B in operating cash flow during fiscal year 2010, representing cash generated from core business activities.

Barrick Mining Corporation (B) had $33.3B in total assets as of fiscal year 2010, including both current and long-term assets.

Barrick Mining Corporation (B) invested $3.6B in capital expenditures during fiscal year 2010, funding long-term assets and infrastructure.

Barrick Mining Corporation (B) had 998M shares outstanding as of fiscal year 2010.

Barrick Mining Corporation (B) had a current ratio of 2.86 as of fiscal year 2010, which is generally considered healthy.

Barrick Mining Corporation (B) had a debt-to-equity ratio of 0.35 as of fiscal year 2010, measuring the company's financial leverage by comparing total debt to shareholder equity.

Barrick Mining Corporation (B) had a return on assets of 9.8% for fiscal year 2010, measuring how efficiently the company uses its assets to generate profit.

Barrick Mining Corporation (B) has an Altman Z-Score of 4.33, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Barrick Mining Corporation (B) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Barrick Mining Corporation (B) has an earnings quality ratio of 1.26x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Barrick Mining Corporation (B) scores 71 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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