Midea Historical Balance Sheet
000333 Stock | 76.25 1.64 2.20% |
Trend analysis of Midea Group Co balance sheet accounts such as Other Current Liab of 38.2 B, Total Current Liabilities of 146.7 B or Total Stockholder Equity of 92 B provides information on Midea Group's total assets, liabilities, and equity, which is the actual value of Midea Group to its prevalent stockholders. By breaking down trends over time using Midea Group 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 Midea Group 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 Midea Group is a good buy for the upcoming year.
Midea Group Inventory |
|
Midea |
About Midea Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Midea Group at a specified time, usually calculated after every quarter, six months, or one year. Midea Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Midea Group 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 Midea currently owns. An asset can also be divided into two categories, current and non-current.
Midea Group Balance Sheet Chart
Add Fundamental
Total Assets
Total assets refers to the total amount of Midea Group 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 Midea Group 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 Midea Group balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Midea Group Co 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.Long Term Investments
Long Term Investments is an item on the asset side of Midea Group balance sheet that represents investments Midea Group intends to hold for over a year. Midea Group Co long term investments may include different instruments such as stocks, bonds, real estate and cash.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most accounts from Midea Group's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Midea Group 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 Midea Group Co. 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, Midea Group's Net Receivables is projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 92.4 B, whereas Total Assets are forecasted to decline to about 281.9 B.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 48.3B | 57.8B | 71.3B | 38.2B | Total Assets | 387.9B | 422.6B | 486.0B | 281.9B |
Midea Group balance sheet Correlations
Click cells to compare fundamentals
Midea Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Midea Group balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 302.0B | 360.4B | 387.9B | 422.6B | 486.0B | 281.9B | |
Other Current Liab | 36.2B | 41.9B | 48.3B | 57.8B | 71.3B | 38.2B | |
Total Current Liabilities | 144.3B | 184.2B | 222.9B | 206.3B | 251.2B | 146.7B | |
Total Stockholder Equity | 101.7B | 117.5B | 124.9B | 142.9B | 162.9B | 92.0B | |
Other Liab | 8.9B | 8.8B | 9.2B | 9.0B | 10.4B | 5.7B | |
Retained Earnings | 79.5B | 95.6B | 113.2B | 119.7B | 136.3B | 71.7B | |
Accounts Payable | 66.4B | 82.2B | 98.7B | 89.8B | 94.2B | 65.3B | |
Cash | 70.9B | 81.2B | 71.9B | 55.3B | 81.7B | 49.6B | |
Other Assets | 6.6B | 10.0B | 12.1B | 13.1B | 15.0B | 7.6B | |
Long Term Debt | 41.3B | 42.8B | 19.7B | 53.8B | 49.4B | 26.5B | |
Net Receivables | 44.6B | 23.0B | 24.6B | 28.2B | 32.9B | 35.6B | |
Short Term Investments | 1.1B | 28.2B | 5.9B | 3.3B | 1.8B | 1.7B | |
Inventory | 34.7B | 33.8B | 50.3B | 46.0B | 47.3B | 31.5B | |
Other Current Assets | 4.3B | 8.0B | 10.0B | 98.2B | 88.0B | 92.4B | |
Total Liab | 194.5B | 236.1B | 253.1B | 270.6B | 311.7B | 180.0B | |
Intangible Assets | 15.5B | 15.4B | 17.2B | 16.9B | 18.5B | 12.7B | |
Common Stock | 6.7B | 7.0B | 7.0B | 7.0B | 8.0B | 5.7B | |
Property Plant Equipment | 24.5B | 22.9B | 23.7B | 27.8B | 32.0B | 25.2B | |
Good Will | 28.2B | 29.6B | 27.9B | 28.5B | 30.9B | 23.6B | |
Net Tangible Assets | 37.8B | 58.0B | 72.5B | 79.8B | 91.8B | 58.1B | |
Other Stockholder Equity | (1.3B) | (711.6M) | (1.5B) | (1.7B) | (1.6B) | (1.5B) | |
Total Current Assets | 216.5B | 241.7B | 248.9B | 261.1B | 281.3B | 221.9B | |
Non Current Assets Total | 85.5B | 118.7B | 139.1B | 161.5B | 204.7B | 126.3B | |
Non Currrent Assets Other | 4.9B | 11.3B | 36.4B | 42.8B | 80.6B | 84.6B | |
Non Current Liabilities Total | 50.1B | 52.0B | 30.3B | 64.3B | 60.5B | 49.1B | |
Short Long Term Debt | 5.7B | 9.9B | 5.6B | 5.2B | 8.8B | 5.7B | |
Non Current Liabilities Other | 1.2B | 991.1M | 998.3M | 1.1B | 821.7M | 882.7M | |
Common Stock Shares Outstanding | 7.0B | 7.0B | 7.0B | 7.0B | 7.0B | 7.6B | |
Net Invested Capital | 148.7B | 170.3B | 150.2B | 202.0B | 221.1B | 176.3B | |
Net Working Capital | 72.2B | 57.5B | 26.0B | 54.8B | 30.1B | 39.3B | |
Capital Stock | 7.0B | 7.0B | 7.0B | 7.0B | 7.0B | 7.6B |
Also Currently Popular
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 Midea Stock
Balance Sheet is a snapshot of the financial position of Midea Group at a specified time, usually calculated after every quarter, six months, or one year. Midea Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Midea Group 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 Midea currently owns. An asset can also be divided into two categories, current and non-current.