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.
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.
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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
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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.Short Long Term Debt
The total of a company's short-term and long-term borrowings.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 Liabilities | 4.7M | 6.1M | 608.1K | 577.7K | Total Assets | 359.9M | 289.9M | 316.2M | 300.4M |
Success Electronics balance sheet Correlations
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Success Electronics Account Relationship Matchups
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Success Electronics balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 411.6M | 361.4M | 359.9M | 289.9M | 316.2M | 300.4M | |
Other Current Liab | 4.7M | 4.1M | 4.7M | 6.1M | 608.1K | 577.7K | |
Total Current Liabilities | 41.2M | 66.7M | 74.3M | 27.3M | 39.6M | 37.6M | |
Total Stockholder Equity | 329.8M | 298.2M | 272.2M | 246.8M | 247.9M | 422.8M | |
Retained Earnings | (1.7B) | (1.7B) | (1.7B) | (1.7B) | (1.8B) | (1.7B) | |
Accounts Payable | 21.2M | 51.1M | 53.1M | 18.5M | 23.9M | 22.7M | |
Cash | 47.2M | 185.2M | 67.4M | 101.9M | 91.5M | 169.5M | |
Other Assets | 6.0M | 4.9M | 3.0M | 3.3M | 3.0M | 2.8M | |
Net Receivables | 226.5M | 47.5M | 105.3M | 29.9M | 37.1M | 35.2M | |
Inventory | 28.0M | 23.3M | 40.1M | 17.3M | 19.4M | 18.4M | |
Other Current Assets | 1.1M | 3.9M | 4.6M | 949.5K | 3.8M | 3.6M | |
Total Liab | 81.8M | 63.2M | 87.7M | 43.1M | 68.3M | 64.9M | |
Property Plant Equipment | 102.8M | 121.1M | 112.4M | 89.7M | 80.7M | 76.7M | |
Other Liab | 7.9M | 2.5M | 1.8M | 1.1M | 990K | 940.5K | |
Long Term Debt | 50.3M | 41.5M | 32.7M | 14.7M | 13.3M | 12.6M | |
Net Tangible Assets | 329.8M | 298.2M | 272.2M | 246.8M | 222.1M | 278.4M | |
Non Current Assets Total | 108.8M | 101.5M | 142.5M | 120.1M | 152.7M | 195.9M | |
Non Currrent Assets Other | 485.2K | 102.1K | 212.1K | 232.4K | 94.8K | 90.1K | |
Non Current Liabilities Total | 40.6M | 2.5M | 13.4M | 15.8M | 28.7M | 33.1M | |
Deferred Long Term Liab | 838.1K | 401.8K | 1.0M | 985.2K | 886.7K | 842.4K | |
Total Current Assets | 302.8M | 259.9M | 217.4M | 169.7M | 163.5M | 250.0M | |
Non Current Liabilities Other | 50.3M | 41.5M | 32.7M | 121.8K | 109.7K | 104.2K | |
Net Invested Capital | 362.5M | 298.2M | 272.2M | 261.5M | 262.7M | 281.9M | |
Net Working Capital | 261.6M | 199.2M | 143.1M | 142.4M | 124.0M | 155.8M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.