Solid Historical Balance Sheet

SOLI Stock   130.00  10.00  8.33%   
Trend analysis of Solid State Plc balance sheet accounts such as Retained Earnings of 36.8 M, Accounts Payable of 10.5 M, Non Current Assets Total of 51 M or Non Currrent Assets Other of 12.9 M provides information on Solid State's total assets, liabilities, and equity, which is the actual value of Solid State Plc to its prevalent stockholders. By breaking down trends over time using Solid State 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.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Solid State Plc 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 Solid State Plc is a good buy for the upcoming year.

Solid State Inventory

26.34 Million

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solid State Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Solid Balance Sheet Analysis

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

Solid State Balance Sheet Chart

At this time, Solid State's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 15.8 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 39.6 M in 2024.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Accounts Payable

An accounting item on the balance sheet that represents Solid State 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 Solid State Plc 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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most accounts from Solid State's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Solid State Plc 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Solid State Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Solid State's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 15.8 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 39.6 M in 2024.
 2021 2022 2023 2024 (projected)
Total Current Liabilities27.9M38.6M34.0M35.7M
Total Assets62.3M113.8M113.6M119.3M

Solid State balance sheet Correlations

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Solid State Account Relationship Matchups

Solid State balance sheet Accounts

201920202021202220232024 (projected)
Total Assets38.7M54.0M62.3M113.8M113.6M119.3M
Total Current Liabilities14.7M15.7M27.9M38.6M34.0M35.7M
Total Stockholder Equity22.5M25.5M27.1M57.9M64.6M67.9M
Property Plant And Equipment Net3.3M5.5M5.4M6.7M7.8M8.2M
Retained Earnings18.5M21.5M23.0M27.8M35.1M36.8M
Accounts Payable10.6M4.2M8.1M12.9M10.0M10.5M
Non Current Assets Total11.6M22.0M21.8M48.6M48.5M51.0M
Non Currrent Assets Other8.4M11.3M(539K)10.7M12.3M12.9M
Common Stock Shares Outstanding43.3M43.4M43.8M53.0M58.3M39.6M
Liabilities And Stockholders Equity38.7M54.0M62.3M113.8M113.6M119.3M
Non Current Liabilities Total1.5M12.7M7.3M17.3M15.0M15.8M
Inventory9.7M10.6M17.6M33.2M25.1M26.3M
Other Stockholder Equity7.8M3.6M3.6M30.4M29.0M30.4M
Total Liab16.1M28.5M35.3M55.8M49.0M51.4M
Property Plant And Equipment Gross3.3M5.5M11.4M14.7M18.5M19.4M
Total Current Assets27.1M32.0M40.6M65.2M65.1M68.3M
Short Long Term Debt Total1.5M6.3M5.6M16.7M16.7M17.5M
Other Current Liab6.0M7.7M10.4M13.9M11.8M12.3M
Net Debt(2.0M)(621K)660K4.5M8.2M8.7M
Short Term Debt804K741K2.8M2.3M4.5M4.7M
Accumulated Other Comprehensive Income(4.2M)11K38K(831K)(1.6M)(1.5M)
Cash3.5M6.9M5.0M12.2M8.4M8.9M
Cash And Short Term Investments3.5M6.9M5.0M12.2M8.4M8.9M
Net Receivables11.1M11.8M15.1M16.5M28.2M29.6M
Other Current Assets13.9M2.6M2.9M3.2M3.4M2.2M
Property Plant Equipment3.3M5.5M5.4M6.7M7.7M8.1M
Current Deferred Revenue(2.8M)528K12.4M17.6M6.5M6.8M
Long Term Debt0.03.8M1.5M13.4M9.7M10.2M
Intangible Assets1.9M6.7M5.9M11.8M10.7M11.2M
Other Liab811K7.2M4.5M2.9M3.3M2.0M
Net Tangible Assets14.4M8.9M11.2M17.0M19.6M12.0M

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