Elec-Tech Historical Balance Sheet

002005 Stock   1.77  0.02  1.12%   
Trend analysis of Elec Tech International Co balance sheet accounts such as Other Current Liab of 32.1 M, Total Current Liabilities of 2.7 B or Total Stockholder Equity of 416.5 M provides information on Elec-Tech International's total assets, liabilities, and equity, which is the actual value of Elec Tech International to its prevalent stockholders. By breaking down trends over time using Elec-Tech International 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 Elec Tech International 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 Elec Tech International is a good buy for the upcoming year.

Elec-Tech International Inventory

93.51 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Elec Tech International 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 board of governors.

About Elec-Tech Balance Sheet Analysis

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

Elec-Tech International Balance Sheet Chart

At present, Elec-Tech International's Total Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 986.8 M, whereas Total Assets are forecasted to decline to about 2 B.

Total Assets

Total assets refers to the total amount of Elec-Tech International 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 Elec Tech International 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 Elec-Tech International balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Elec Tech International 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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most accounts from Elec-Tech International's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Elec Tech International 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 Elec Tech International 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 board of governors.
At present, Elec-Tech International's Total Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 986.8 M, whereas Total Assets are forecasted to decline to about 2 B.
 2022 2023 2024 2025 (projected)
Other Current Liabilities655.9M29.3M33.7M32.1M
Total Assets2.7B1.8B2.1B2.0B

Elec-Tech International balance sheet Correlations

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0.750.180.640.760.450.920.560.60.750.790.330.750.25-0.660.750.630.7-0.70.840.930.870.90.930.850.96
0.65-0.030.550.60.320.990.430.490.720.750.180.690.03-0.740.770.690.8-0.80.630.970.860.980.930.950.99
0.56-0.020.420.50.420.950.360.380.650.710.130.61-0.08-0.750.710.640.78-0.810.510.920.880.970.850.950.9
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Elec-Tech International Account Relationship Matchups

Elec-Tech International balance sheet Accounts

202020212022202320242025 (projected)
Total Assets4.1B3.4B2.7B1.8B2.1B2.0B
Other Current Liab773.4M642.1M655.9M29.3M33.7M32.1M
Total Current Liabilities2.0B1.7B1.3B1.2B1.4B2.7B
Total Stockholder Equity1.8B1.4B1.1B381.2M438.4M416.5M
Other Liab708.4M163.2M132.4M74.4M85.6M81.3M
Retained Earnings(4.6B)(5.1B)(5.5B)(5.8B)(5.2B)(4.9B)
Accounts Payable1.1B946.9M479.0M455.8M524.2M986.8M
Cash340.9M385.9M390.6M268.4M308.6M293.2M
Net Receivables497.9M404.3M170.6M167.7M192.9M183.3M
Inventory388.7M263.3M120.3M85.6M98.4M93.5M
Other Current Assets176.5M163.6M29.9M25.6M29.4M27.9M
Total Liab2.1B1.9B1.4B1.3B1.5B1.4B
Intangible Assets431.0M347.1M308.7M294.7M338.9M342.7M
Property Plant Equipment1.6B1.4B1.2B907.7M1.0B991.6M
Other Assets161.1M91.8M81.8M133.5M153.5M266.3M
Net Tangible Assets2.0B1.3B1.1B787.5M708.7M673.3M
Other Stockholder Equity(24.2M)(144.7M)(176.4M)(114.9M)(103.4M)(108.6M)
Deferred Long Term Liab56.2M10.6M8.1M10.2M9.2M8.7M
Non Current Assets Total2.5B2.2B1.9B1.2B1.1B1.0B
Non Currrent Assets Other11.4M5.2M12.9M3.2M2.9M2.7M
Non Current Liabilities Total163.2M144.0M103.7M89.2M80.3M76.2M
Total Current Assets1.6B1.3B771.4M619.8M557.8M530.0M
Non Current Liabilities Other473.0M506.2M15.4M44.2M39.8M37.8M
Net Invested Capital1.8B1.4B1.2B440.8M396.7M376.9M
Net Working Capital(369.1M)(434.8M)(538.8M)(576.0M)(518.4M)(544.3M)
Property Plant And Equipment Net1.4B1.2B912.1M762.9M686.6M929.4M
Property Plant And Equipment Gross5.8B5.3B912.1M4.1B3.7B3.6B

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Other Information on Investing in Elec-Tech Stock

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