Gotion Historical Balance Sheet
002074 Stock | 21.82 0.09 0.41% |
Trend analysis of Gotion High tech balance sheet accounts such as Other Current Liab of 1.6 B, Total Current Liabilities of 47.6 B or Total Stockholder Equity of 26.3 B provides information on Gotion High's total assets, liabilities, and equity, which is the actual value of Gotion High tech to its prevalent stockholders. By breaking down trends over time using Gotion High 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 Gotion High tech 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 Gotion High tech is a good buy for the upcoming year.
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About Gotion Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Gotion High tech at a specified time, usually calculated after every quarter, six months, or one year. Gotion High Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gotion High 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 Gotion currently owns. An asset can also be divided into two categories, current and non-current.
Gotion High Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Gotion High 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 Gotion High tech 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.Accounts Payable
An accounting item on the balance sheet that represents Gotion High 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 Gotion High tech 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.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Long Term Debt
Long-term debt is a debt that Gotion High tech has held for over one year. Long-term debt appears on Gotion High tech balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Gotion High tech balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most accounts from Gotion High's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Gotion High tech 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 Gotion High tech. 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, Gotion High's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 1.6 B, whereas Other Liabilities is forecasted to decline to about 805.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 1.1B | 366.9M | 1.5B | 1.6B | Total Assets | 43.6B | 72.6B | 93.6B | 98.3B |
Gotion High balance sheet Correlations
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Gotion High balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 25.2B | 27.8B | 43.6B | 72.6B | 93.6B | 98.3B | |
Other Current Liab | 654.4M | 1.3B | 1.1B | 366.9M | 1.5B | 1.6B | |
Total Current Liabilities | 11.4B | 11.9B | 18.3B | 34.4B | 45.4B | 47.6B | |
Total Stockholder Equity | 8.9B | 10.9B | 18.8B | 23.5B | 25.1B | 26.3B | |
Retained Earnings | 3.2B | 3.3B | 3.6B | 3.5B | 4.5B | 4.7B | |
Accounts Payable | 6.5B | 7.0B | 10.2B | 17.3B | 19.5B | 20.5B | |
Cash | 3.6B | 3.3B | 11.4B | 14.1B | 14.5B | 15.2B | |
Net Receivables | 6.9B | 6.6B | 8.3B | 8.6B | 12.9B | 13.6B | |
Inventory | 4.0B | 3.2B | 4.5B | 7.6B | 5.7B | 6.0B | |
Other Current Assets | 299.1M | 876.0M | 1.1B | 2.0B | 3.2B | 3.3B | |
Total Liab | 16.1B | 16.8B | 24.2B | 48.1B | 67.3B | 70.7B | |
Intangible Assets | 938.3M | 1.4B | 2.3B | 3.5B | 4.4B | 4.6B | |
Property Plant Equipment | 5.2B | 6.8B | 8.3B | 11.4B | 13.1B | 13.8B | |
Other Liab | 1.4B | 1.0B | 1.3B | 1.1B | 1.2B | 805.9M | |
Other Assets | 1.2B | 1.3B | 969.9M | 2.8B | 3.3B | 3.4B | |
Long Term Debt | 3.2B | 3.6B | 4.9B | 11.1B | 18.5B | 19.4B | |
Net Tangible Assets | 7.9B | 8.0B | 9.6B | 16.7B | 19.2B | 20.2B | |
Other Stockholder Equity | 6.7M | 12.0M | 188.3M | 495.9M | 570.3M | 598.8M | |
Deferred Long Term Liab | 94.4M | 125.7M | 161.9M | 409.6M | 471.1M | 494.6M | |
Short Long Term Debt | 3.9B | 3.3B | 5.5B | 10.8B | 16.2B | 17.0B | |
Total Current Assets | 14.8B | 15.6B | 25.3B | 37.5B | 42.4B | 44.6B | |
Non Current Assets Total | 10.4B | 12.2B | 18.3B | 35.1B | 51.2B | 53.7B | |
Non Currrent Assets Other | 663.6M | 270.4M | 1.8B | 4.1B | 2.0B | 1.4B | |
Non Current Liabilities Total | 4.7B | 4.9B | 6.0B | 13.8B | 21.9B | 23.0B | |
Non Current Liabilities Other | 308.3M | 281.6M | 275.9M | 385.6M | 497.7M | 311.8M | |
Net Invested Capital | 16.0B | 17.7B | 29.1B | 45.4B | 59.8B | 30.0B | |
Net Working Capital | 3.4B | 3.7B | 7.0B | 3.1B | (2.9B) | (2.8B) |
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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 Gotion Stock
Balance Sheet is a snapshot of the financial position of Gotion High tech at a specified time, usually calculated after every quarter, six months, or one year. Gotion High Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gotion High 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 Gotion currently owns. An asset can also be divided into two categories, current and non-current.