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.
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.
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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
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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 Total | 78.8M | 161.6M | 116.5M | 110.7M | Total Assets | 750.8M | 874M | 1.4B | 1.3B |
MIC Electronics balance sheet Correlations
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MIC Electronics Account Relationship Matchups
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MIC Electronics balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.6B | 649.5M | 750.8M | 874M | 1.4B | 1.3B | |
Short Long Term Debt Total | 1.2B | 328.5M | 78.8M | 161.6M | 116.5M | 110.7M | |
Other Current Liab | 913.8M | 255.0M | 22.3M | 64.5M | 35.5M | 33.8M | |
Total Current Liabilities | 2.9B | 338.6M | 88.6M | 213.9M | 184.1M | 174.9M | |
Total Stockholder Equity | (1.3B) | 50.1M | 627.7M | 630.2M | 1.2B | 1.5B | |
Property Plant And Equipment Net | 763.7M | 463.0M | 515.5M | 502.9M | 257.4M | 244.6M | |
Net Debt | 1.2B | 327.5M | 77.4M | 159.4M | 107.6M | 102.2M | |
Cash | 526.2K | 1.0M | 1.4M | 2.2M | 8.9M | 8.5M | |
Non Current Assets Total | 957.5M | 543.7M | 520.0M | 549.3M | 796.8M | 1.2B | |
Non Currrent Assets Other | 193.1M | 5.2M | 9.3M | 1.4M | 48.8M | 93.9M | |
Cash And Short Term Investments | 526.2K | 1.0M | 1.4M | 8M | 8.9M | 8.5M | |
Liabilities And Stockholders Equity | 1.6B | 649.5M | 750.8M | 874M | 1.4B | 1.3B | |
Inventory | 495.3M | 18.9M | 78.7M | 157.6M | 127.6M | 121.2M | |
Other Current Assets | 27.8M | 22.9M | 121.6M | 108.9M | 221.2M | 210.2M | |
Other Stockholder Equity | 2.5B | 43.0 | 4.7B | 4.7B | 2.1B | 2.3B | |
Total Liab | 2.9B | 599.5M | 113.0M | 233.8M | 188.0M | 178.6M | |
Total Current Assets | 648.6M | 105.8M | 230.7M | 324.7M | 610.8M | 580.2M | |
Intangible Assets | 649.9K | 301.3K | 1.4M | 29.7M | 2.3M | 2.2M | |
Short Term Debt | 1.3B | 67.7M | 59.2M | 143.6M | 115.0M | 109.2M | |
Net Receivables | 95.1M | 39.6M | 13.5M | 28.2M | 253.2M | 240.5M | |
Accounts Payable | 603.3M | 15.9M | 5.1M | 5.8M | 33.6M | 31.9M | |
Current Deferred Revenue | 784.0M | 246.6M | 302K | 11.2M | 12.9M | 12.2M | |
Retained Earnings | (4.4B) | (4.4B) | (4.5B) | (4.5B) | (3.7B) | (3.5B) | |
Accumulated Other Comprehensive Income | 198.3M | 1.6B | 1.9B | 1.9B | 2.3B | 2.4B | |
Net Tangible Assets | (1.3B) | 49.8M | 626.3M | 600.5M | 690.6M | 725.1M | |
Other Assets | 169.2M | 5.3M | 2.9M | 16.7M | 1.0 | 0.95 | |
Property Plant Equipment | 763.7M | 463.0M | 515.5M | 502.9M | 452.6M | 533.2M | |
Net Invested Capital | (117.2M) | 378.6M | 699.2M | 791.8M | 1.3B | 1.4B | |
Short Long Term Debt | 1.2B | 67.7M | 48M | 143.6M | 114.5M | 108.7M | |
Net Working Capital | (2.2B) | (232.8M) | 142.1M | 110.8M | 426.6M | 448.0M |
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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 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.