New Historical Balance Sheet

300532 Stock   12.11  0.48  3.81%   
Trend analysis of New Trend International balance sheet accounts such as Other Current Liab of 48 M, Total Current Liabilities of 3.6 B or Total Stockholder Equity of 1.7 B provides information on New Trend's total assets, liabilities, and equity, which is the actual value of New Trend International to its prevalent stockholders. By breaking down trends over time using New Trend 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.

New Trend Inventory

1.42 Billion

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in New Trend International. 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 New Balance Sheet Analysis

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

New Trend Balance Sheet Chart

At present, New Trend's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 3.6 B, whereas Other Current Liabilities is forecasted to decline to about 48 M.

Total Assets

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

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most accounts from New Trend's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into New Trend International 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 New Trend International. 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, New Trend's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 3.6 B, whereas Other Current Liabilities is forecasted to decline to about 48 M.
 2021 2022 2023 2024 (projected)
Other Current Liabilities855.3M1.8B50.5M48.0M
Total Assets2.8B4.7B5.1B5.4B

New Trend balance sheet Correlations

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0.320.290.320.30.310.360.290.220.370.3-0.080.320.090.180.170.220.19-0.160.080.280.160.13-0.24-0.02-0.09
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0.710.410.640.820.820.760.660.690.760.6-0.10.650.180.950.610.90.670.260.650.660.740.910.33-0.860.12
0.950.110.940.90.890.910.960.960.40.95-0.060.950.170.650.610.780.860.220.650.950.830.78-0.22-0.60.32
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0.990.311.00.950.920.961.00.980.590.990.031.00.280.680.660.950.860.830.020.570.80.82-0.21-0.610.11
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-0.66-0.26-0.59-0.76-0.73-0.71-0.62-0.63-0.62-0.560.07-0.6-0.02-0.82-0.86-0.6-0.75-0.57-0.21-0.48-0.61-0.78-0.87-0.48-0.04
0.11-0.070.070.080.180.090.130.25-0.290.11-0.140.12-0.090.140.120.320.070.360.950.610.110.280.12-0.4-0.04
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New Trend Account Relationship Matchups

New Trend balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.7B2.2B2.8B4.7B5.1B5.4B
Other Current Liab498.7M411.8M855.3M1.8B50.5M48.0M
Total Current Liabilities909.0M1.0B1.6B3.2B3.4B3.6B
Total Stockholder Equity772.5M857.8M1.2B1.4B1.6B1.7B
Other Liab43.4M44.9M49.2M62.2M71.5M75.1M
Retained Earnings314.4M358.5M422.8M644.3M747.3M784.6M
Accounts Payable324.0M492.5M663.4M1.2B1.4B1.5B
Other Assets48.0M85.8M81.5M127.0M146.0M153.3M
Net Receivables575.2M220.1M1.2B965.9M682.9M538.6M
Inventory295.3M408.7M566.9M1.2B1.4B1.4B
Other Current Assets64.3M70.8M164.2M174.8M57.7M78.3M
Total Liab952.4M1.3B1.6B3.3B3.5B3.7B
Intangible Assets13.3M12.8M18.7M20.0M17.4M17.9M
Common Stock275.0M273.2M303.8M307.0M353.1M182.1M
Property Plant Equipment199.8M204.8M213.9M227.1M261.2M137.7M
Cash473.0M804.3M520.4M859.6M1.3B1.4B
Net Tangible Assets759.2M845.0M1.1B1.4B1.6B924.2M
Other Stockholder Equity295.7K41.0M(598.4K)94.1K108.3K102.8K
Total Current Assets1.4B1.8B2.5B4.3B4.8B5.0B
Non Current Assets Total316.2M303.4M314.1M374.0M355.0M326.1M
Non Currrent Assets Other249.7M293.9M316.2M951.6K676.8K642.9K
Non Current Liabilities Total43.4M282.7M49.2M62.2M85.9M89.0M
Deferred Long Term Liab208.7K714.3K366.9K394.7K453.9K360.5K
Non Current Liabilities Other28.2M30.7M36.8M50.8M75.4M79.2M
Common Stock Shares Outstanding275.0M273.2M303.8M307.0M310.2M318.0M
Net Invested Capital823.0M1.2B1.2B1.5B1.7B1.2B
Net Working Capital499.7M837.1M890.2M1.1B1.4B905.9M
Capital Stock275.0M273.2M303.8M307.0M310.2M320.2M

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Other Information on Investing in New Stock

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