MIC Historical Balance Sheet

MICEL Stock   84.05  0.27  0.32%   
Trend analysis of MIC Electronics Limited balance sheet accounts such as Total Current Liabilities of 174.9 M provides information on MIC Electronics' total assets, liabilities, and equity, which is the actual value of MIC Electronics to its prevalent stockholders. By breaking down trends over time using MIC 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 MIC 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 MIC Electronics is a good buy for the upcoming year.

MIC Electronics Inventory

121.22 Million

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MIC Electronics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

About MIC Balance Sheet Analysis

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

MIC Electronics Balance Sheet Chart

At this time, MIC Electronics' Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 29th of November 2024, Net Tangible Assets is likely to grow to about 725.1 M, while Total Assets are likely to drop about 1.3 B.

Total Assets

Total assets refers to the total amount of MIC 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 MIC 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 MIC 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 MIC Electronics Limited 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.
Most accounts from MIC Electronics' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into MIC 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MIC Electronics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, MIC Electronics' Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 29th of November 2024, Net Tangible Assets is likely to grow to about 725.1 M, while Total Assets are likely to drop about 1.3 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total78.8M161.6M116.5M110.7M
Total Assets750.8M874M1.4B1.3B

MIC Electronics balance sheet Correlations

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0.990.660.40.530.850.870.580.190.880.230.190.1-0.650.710.910.66-0.510.610.49-0.860.430.83-0.950.72-0.38
0.490.270.230.110.50.560.240.070.44-0.310.080.02-0.250.550.460.58-0.10.180.49-0.57-0.070.6-0.490.25-0.21
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0.490.890.320.95-0.020.610.87-0.240.530.55-0.24-0.25-0.640.130.56-0.05-0.280.930.43-0.07-0.170.19-0.430.880.56
0.770.390.530.360.710.620.260.540.60.060.530.46-0.580.530.620.95-0.530.420.830.6-0.940.19-0.680.54-0.33
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MIC Electronics Account Relationship Matchups

MIC Electronics balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.6B649.5M750.8M874M1.4B1.3B
Short Long Term Debt Total1.2B328.5M78.8M161.6M116.5M110.7M
Other Current Liab913.8M255.0M22.3M64.5M35.5M33.8M
Total Current Liabilities2.9B338.6M88.6M213.9M184.1M174.9M
Total Stockholder Equity(1.3B)50.1M627.7M630.2M1.2B1.5B
Property Plant And Equipment Net763.7M463.0M515.5M502.9M257.4M244.6M
Net Debt1.2B327.5M77.4M159.4M107.6M102.2M
Cash526.2K1.0M1.4M2.2M8.9M8.5M
Non Current Assets Total957.5M543.7M520.0M549.3M796.8M1.2B
Non Currrent Assets Other193.1M5.2M9.3M1.4M48.8M93.9M
Cash And Short Term Investments526.2K1.0M1.4M8M8.9M8.5M
Liabilities And Stockholders Equity1.6B649.5M750.8M874M1.4B1.3B
Inventory495.3M18.9M78.7M157.6M127.6M121.2M
Other Current Assets27.8M22.9M121.6M108.9M221.2M210.2M
Other Stockholder Equity2.5B43.04.7B4.7B2.1B2.3B
Total Liab2.9B599.5M113.0M233.8M188.0M178.6M
Total Current Assets648.6M105.8M230.7M324.7M610.8M580.2M
Intangible Assets649.9K301.3K1.4M29.7M2.3M2.2M
Short Term Debt1.3B67.7M59.2M143.6M115.0M109.2M
Net Receivables95.1M39.6M13.5M28.2M253.2M240.5M
Accounts Payable603.3M15.9M5.1M5.8M33.6M31.9M
Current Deferred Revenue784.0M246.6M302K11.2M12.9M12.2M
Retained Earnings(4.4B)(4.4B)(4.5B)(4.5B)(3.7B)(3.5B)
Accumulated Other Comprehensive Income198.3M1.6B1.9B1.9B2.3B2.4B
Net Tangible Assets(1.3B)49.8M626.3M600.5M690.6M725.1M
Other Assets169.2M5.3M2.9M16.7M1.00.95
Property Plant Equipment763.7M463.0M515.5M502.9M452.6M533.2M
Net Invested Capital(117.2M)378.6M699.2M791.8M1.3B1.4B
Short Long Term Debt1.2B67.7M48M143.6M114.5M108.7M
Net Working Capital(2.2B)(232.8M)142.1M110.8M426.6M448.0M

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Other Information on Investing in MIC Stock

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