Success Historical Balance Sheet

002289 Stock   3.92  0.18  4.81%   
Trend analysis of Success Electronics balance sheet accounts such as Other Current Liab of 577.7 K, Total Current Liabilities of 37.6 M or Total Stockholder Equity of 422.8 M provides information on Success Electronics' total assets, liabilities, and equity, which is the actual value of Success Electronics to its prevalent stockholders. By breaking down trends over time using Success Electronics 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.
 
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Financial Statement Analysis is much more than just reviewing and examining Success Electronics 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 Success Electronics is a good buy for the upcoming year.

Success Electronics Inventory

18.42 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Success Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About Success Balance Sheet Analysis

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

Success Electronics Balance Sheet Chart

At present, Success Electronics' Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 169.5 M, whereas Total Assets are forecasted to decline to about 300.4 M.

Total Assets

Total assets refers to the total amount of Success Electronics 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 Success Electronics 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 Success Electronics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Success Electronics 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Success Electronics obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Success Electronics are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Long Term Debt

Long-term debt is a debt that Success Electronics has held for over one year. Long-term debt appears on Success Electronics balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Success Electronics balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most accounts from Success Electronics' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Success Electronics 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 Success Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At present, Success Electronics' Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 169.5 M, whereas Total Assets are forecasted to decline to about 300.4 M.
 2021 2022 2023 2024 (projected)
Other Current Liabilities4.7M6.1M608.1K577.7K
Total Assets359.9M289.9M316.2M300.4M

Success Electronics balance sheet Correlations

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Success Electronics Account Relationship Matchups

Success Electronics balance sheet Accounts

201920202021202220232024 (projected)
Total Assets411.6M361.4M359.9M289.9M316.2M300.4M
Other Current Liab4.7M4.1M4.7M6.1M608.1K577.7K
Total Current Liabilities41.2M66.7M74.3M27.3M39.6M37.6M
Total Stockholder Equity329.8M298.2M272.2M246.8M247.9M422.8M
Retained Earnings(1.7B)(1.7B)(1.7B)(1.7B)(1.8B)(1.7B)
Accounts Payable21.2M51.1M53.1M18.5M23.9M22.7M
Cash47.2M185.2M67.4M101.9M91.5M169.5M
Other Assets6.0M4.9M3.0M3.3M3.0M2.8M
Net Receivables226.5M47.5M105.3M29.9M37.1M35.2M
Inventory28.0M23.3M40.1M17.3M19.4M18.4M
Other Current Assets1.1M3.9M4.6M949.5K3.8M3.6M
Total Liab81.8M63.2M87.7M43.1M68.3M64.9M
Property Plant Equipment102.8M121.1M112.4M89.7M80.7M76.7M
Other Liab7.9M2.5M1.8M1.1M990K940.5K
Long Term Debt50.3M41.5M32.7M14.7M13.3M12.6M
Net Tangible Assets329.8M298.2M272.2M246.8M222.1M278.4M
Non Current Assets Total108.8M101.5M142.5M120.1M152.7M195.9M
Non Currrent Assets Other485.2K102.1K212.1K232.4K94.8K90.1K
Non Current Liabilities Total40.6M2.5M13.4M15.8M28.7M33.1M
Deferred Long Term Liab838.1K401.8K1.0M985.2K886.7K842.4K
Total Current Assets302.8M259.9M217.4M169.7M163.5M250.0M
Non Current Liabilities Other50.3M41.5M32.7M121.8K109.7K104.2K
Net Invested Capital362.5M298.2M272.2M261.5M262.7M281.9M
Net Working Capital261.6M199.2M143.1M142.4M124.0M155.8M

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Other Information on Investing in Success Stock

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