MIRC Historical Balance Sheet

MIRCELECTR   15.30  0.31  2.07%   
Trend analysis of MIRC Electronics Limited balance sheet accounts such as Total Current Liabilities of 4.2 B provides information on MIRC Electronics' total assets, liabilities, and equity, which is the actual value of MIRC Electronics to its prevalent stockholders. By breaking down trends over time using MIRC 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 MIRC 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 MIRC Electronics is a good buy for the upcoming year.

MIRC Electronics Inventory

3.03 Billion

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MIRC 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 income.

About MIRC Balance Sheet Analysis

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

MIRC Electronics Balance Sheet Chart

At present, MIRC Electronics' Short and Long Term Debt Total is projected to decrease significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 1.6 B, whereas Total Current Liabilities is forecasted to decline to about 4.2 B.

Total Assets

Total assets refers to the total amount of MIRC 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 MIRC 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 MIRC 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 MIRC 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 MIRC Electronics' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into MIRC 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 MIRC 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 income.
At present, MIRC Electronics' Short and Long Term Debt Total is projected to decrease significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 1.6 B, whereas Total Current Liabilities is forecasted to decline to about 4.2 B.
 2022 2023 2024 2025 (projected)
Short and Long Term Debt Total817.4M1.0B935.2M1.1B
Total Assets5.3B5.7B5.1B5.2B

MIRC Electronics balance sheet Correlations

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0.04-0.10.27-0.610.380.990.330.34-0.030.290.17-0.50.03-0.38-0.13-0.160.36-0.120.9-0.39-0.33-0.29-0.33-0.280.03
0.67-0.10.410.170.66-0.220.80.8-0.070.790.44-0.690.12-0.12-0.27-0.290.590.430.23-0.76-0.07-0.44-0.51-0.440.7
0.560.270.41-0.480.10.210.460.240.210.550.38-0.33-0.490.34-0.13-0.610.820.580.44-0.310.24-0.08-0.56-0.37-0.04
0.28-0.610.17-0.480.18-0.630.010.14-0.31-0.23-0.24-0.010.310.240.440.39-0.250.27-0.54-0.080.070.20.360.230.54
0.60.380.660.10.180.280.760.93-0.130.640.41-0.920.56-0.27-0.250.10.50.270.61-0.94-0.11-0.55-0.45-0.450.78
-0.050.99-0.220.21-0.630.280.20.23-0.050.170.13-0.390.03-0.35-0.12-0.10.28-0.180.85-0.27-0.3-0.2-0.28-0.23-0.06
0.650.330.80.460.010.760.20.830.040.890.28-0.86-0.01-0.33-0.05-0.420.650.390.62-0.84-0.29-0.65-0.45-0.360.7
0.650.340.80.240.140.930.230.83-0.170.740.42-0.920.36-0.29-0.26-0.160.580.30.59-0.96-0.23-0.58-0.54-0.520.82
-0.13-0.03-0.070.21-0.31-0.13-0.050.04-0.170.30.230.08-0.12-0.12-0.27-0.090.03-0.070.070.090.17-0.44-0.19-0.17-0.28
0.50.290.790.55-0.230.640.170.890.740.30.34-0.76-0.05-0.38-0.34-0.470.620.240.6-0.77-0.22-0.73-0.63-0.570.48
0.460.170.440.38-0.240.410.130.280.420.230.34-0.370.330.05-0.430.040.590.360.37-0.430.33-0.19-0.55-0.50.18
-0.64-0.5-0.69-0.33-0.01-0.92-0.39-0.86-0.920.08-0.76-0.37-0.240.280.230.21-0.63-0.33-0.740.960.270.570.470.44-0.71
0.130.030.12-0.490.310.560.03-0.010.36-0.12-0.050.33-0.24-0.1-0.280.78-0.03-0.020.07-0.330.32-0.16-0.22-0.210.36
0.41-0.38-0.120.340.24-0.27-0.35-0.33-0.29-0.12-0.380.050.28-0.10.230.120.290.67-0.370.230.750.65-0.030.16-0.15
0.08-0.13-0.27-0.130.44-0.25-0.12-0.05-0.26-0.27-0.34-0.430.23-0.280.230.07-0.150.23-0.240.25-0.080.360.420.370.01
-0.12-0.16-0.29-0.610.390.1-0.1-0.42-0.16-0.09-0.470.040.210.780.120.07-0.33-0.07-0.290.130.450.310.170.05-0.05
0.860.360.590.82-0.250.50.280.650.580.030.620.59-0.63-0.030.29-0.15-0.330.780.58-0.640.31-0.2-0.71-0.430.35
0.92-0.120.430.580.270.27-0.180.390.3-0.070.240.36-0.33-0.020.670.23-0.070.780.07-0.350.550.18-0.37-0.110.36
0.30.90.230.44-0.540.610.850.620.590.070.60.37-0.740.07-0.37-0.24-0.290.580.07-0.65-0.27-0.49-0.52-0.460.25
-0.68-0.39-0.76-0.31-0.08-0.94-0.27-0.84-0.960.09-0.77-0.430.96-0.330.230.250.13-0.64-0.35-0.650.180.540.520.5-0.74
0.34-0.33-0.070.240.07-0.11-0.3-0.29-0.230.17-0.220.330.270.320.75-0.080.450.310.55-0.270.180.37-0.28-0.12-0.24
-0.1-0.29-0.44-0.080.2-0.55-0.2-0.65-0.58-0.44-0.73-0.190.57-0.160.650.360.31-0.20.18-0.490.540.370.380.29-0.38
-0.52-0.33-0.51-0.560.36-0.45-0.28-0.45-0.54-0.19-0.63-0.550.47-0.22-0.030.420.17-0.71-0.37-0.520.52-0.280.380.79-0.25
-0.3-0.28-0.44-0.370.23-0.45-0.23-0.36-0.52-0.17-0.57-0.50.44-0.210.160.370.05-0.43-0.11-0.460.5-0.120.290.79-0.14
0.630.030.7-0.040.540.78-0.060.70.82-0.280.480.18-0.710.36-0.150.01-0.050.350.360.25-0.74-0.24-0.38-0.25-0.14
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MIRC Electronics Account Relationship Matchups

MIRC Electronics balance sheet Accounts

202020212022202320242025 (projected)
Total Assets6.7B7.0B5.3B5.7B5.1B5.2B
Short Long Term Debt Total853.5M683.3M817.4M1.0B935.2M1.1B
Other Current Liab203.2M795K107.4M264.2M237.7M225.8M
Total Current Liabilities4.2B4.8B3.2B4.2B4.8B4.2B
Total Stockholder Equity2.2B2.0B1.9B1.3B1.2B1.6B
Property Plant And Equipment Net915.3M923.4M872.3M780.4M702.4M1.2B
Net Debt772.2M626.9M778.7M988.0M889.2M912.4M
Cash81.3M56.4M38.7M51.1M46.0M43.7M
Non Current Assets Total1.2B1.3B1.4B1.3B1.2B1.4B
Non Currrent Assets Other265.7M266.3M417.2M539.0M619.9M650.8M
Cash And Short Term Investments81.3M56.4M124.6M159.9M143.9M153.9M
Net Receivables1.5B1.2B895.7M1.6B1.5B1.2B
Liabilities And Stockholders Equity6.7B7.0B5.3B5.7B5.1B5.2B
Non Current Liabilities Total187.9M228.2M203.7M234.7M211.2M200.6M
Inventory3.5B4.2B2.7B2.5B2.9B3.0B
Other Current Assets1.8B1.4B126.3M73.3M84.3M80.1M
Total Liab4.4B5.0B3.4B4.4B4.0B3.6B
Total Current Assets5.4B5.7B3.9B4.4B3.9B3.8B
Accumulated Other Comprehensive Income1.1B1.1B1.1B1.1B1.3B1.3B
Short Term Debt630.2M533.3M688.9M882.9M794.6M965.4M
Accounts Payable3.2B3.8B2.1B3.0B3.4B2.7B
Intangible Assets2.4M2.0M1.5M965K1.1M2.0M
Current Deferred Revenue223.7M414.8M240.7M42.5M48.9M46.5M
Retained Earnings(280.9M)(483.5M)116.5M(1.2B)(1.1B)(1.1B)
Other Liab55.5M103.9M78.2M75.2M86.5M56.5M
Net Tangible Assets2.2B2.2B2.0B1.9B2.2B2.0B
Other Assets300.2M387.5M417.2M(90.0K)(81.0K)(76.9K)
Long Term Debt84M146.2M116.6M155.7M179.1M100.4M
Short Long Term Debt692.2M530.8M677M871.5M784.4M641.3M
Property Plant Equipment955.5M915.3M923.4M872.5M785.2M893.1M
Long Term Debt Total131.8M84.0M150M128.5M147.8M113.2M
Deferred Long Term Liab14.4M3.7M69K12K10.8K10.3K
Net Invested Capital3.0B2.7B2.7B2.3B2.1B2.2B
Net Working Capital1.2B934.2M691.4M183.4M165.1M156.8M
Property Plant And Equipment Gross3.4B3.5B872.3M780.5M702.5M667.3M

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Other Information on Investing in MIRC Stock

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