ChoiceOne Historical Balance Sheet

COFS Stock

USD 31.71 0.11 0.35%

Trend analysis of ChoiceOne Financial Services balance sheet accounts such as Short Long Term Debt Total of 284.4 M, Total Current Liabilities of 2.2 B or Total Stockholder Equity of 236.2 M provides information on ChoiceOne Financial's total assets, liabilities, and equity, which is the actual value of ChoiceOne Financial to its prevalent stockholders. By breaking down trends over time using ChoiceOne Financial 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.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining ChoiceOne Financial 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 ChoiceOne Financial is a good buy for the upcoming year.

ChoiceOne Financial Inventory

165,870

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ChoiceOne Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

About ChoiceOne Balance Sheet Analysis

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

ChoiceOne Financial Balance Sheet Chart

At this time, ChoiceOne Financial's Non Current Assets Total are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 1.4 B in 2025, despite the fact that Other Stockholder Equity is likely to grow to (61.4 M).

Total Assets Short Long Term Debt Total Total Current Liabilities Total Stockholder Equity

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Total Assets

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

Most accounts from ChoiceOne Financial's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into ChoiceOne Financial 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 ChoiceOne Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

	2022	2023	2024	2025 (projected)
Short and Long Term Debt Total	135.3M	235.5M	270.8M	284.4M
Total Assets	2.4B	2.6B	3.0B	3.1B

Short Long Term Debt Total Total Assets

ChoiceOne Financial balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Non Current Liabilities Total	Other Current Assets	Good Will	Other Liab	Accounts Payable
Total Assets		0.87	-0.25	0.77	0.94	0.97	0.77	0.96	0.82	0.92	0.42	0.79	0.88	0.96	0.98	-0.81	0.9	0.99	0.29	0.47	0.96	0.74	-0.37	0.97	0.77	1.0
Short Long Term Debt Total	0.87		-0.5	0.82	0.69	0.77	0.98	0.93	0.61	0.98	0.68	0.8	0.59	0.74	0.83	-0.86	0.92	0.9	-0.17	0.39	0.75	0.93	-0.25	0.76	0.63	0.85
Other Current Liab	-0.25	-0.5		-0.05	0.03	-0.07	-0.65	-0.37	0.28	-0.41	-0.13	-0.09	-0.12	-0.03	-0.22	0.37	-0.6	-0.34	0.21	-0.26	-0.04	-0.4	-0.19	-0.07	-0.31	-0.26
Total Current Liabilities	0.77	0.82	-0.05		0.74	0.76	0.71	0.79	0.81	0.88	0.87	0.81	0.49	0.74	0.74	-0.68	0.65	0.76	-0.21	0.03	0.74	0.9	-0.24	0.74	0.47	0.75
Total Stockholder Equity	0.94	0.69	0.03	0.74		0.98	0.54	0.84	0.9	0.78	0.32	0.72	0.91	0.99	0.93	-0.64	0.73	0.9	0.44	0.41	0.99	0.58	-0.44	0.98	0.7	0.93
Property Plant And Equipment Net	0.97	0.77	-0.07	0.76	0.98		0.64	0.91	0.88	0.84	0.37	0.77	0.89	0.99	0.95	-0.72	0.81	0.95	0.38	0.45	0.99	0.66	-0.5	0.98	0.69	0.96
Net Debt	0.77	0.98	-0.65	0.71	0.54	0.64		0.86	0.42	0.93	0.65	0.68	0.48	0.6	0.72	-0.83	0.91	0.83	-0.25	0.38	0.61	0.91	-0.17	0.63	0.56	0.75
Retained Earnings	0.96	0.93	-0.37	0.79	0.84	0.91	0.86		0.73	0.95	0.51	0.79	0.77	0.88	0.93	-0.89	0.93	0.98	0.14	0.43	0.88	0.82	-0.36	0.89	0.68	0.96
Cash	0.82	0.61	0.28	0.81	0.9	0.88	0.42	0.73		0.69	0.47	0.83	0.68	0.9	0.81	-0.57	0.53	0.76	0.21	0.23	0.9	0.56	-0.41	0.88	0.55	0.81
Non Current Assets Total	0.92	0.98	-0.41	0.88	0.78	0.84	0.93	0.95	0.69		0.7	0.79	0.68	0.81	0.89	-0.84	0.91	0.94	-0.07	0.32	0.82	0.94	-0.25	0.83	0.66	0.9
Non Currrent Assets Other	0.42	0.68	-0.13	0.87	0.32	0.37	0.65	0.51	0.47	0.7		0.61	0.05	0.33	0.38	-0.49	0.41	0.43	-0.63	-0.22	0.34	0.87	-0.05	0.33	0.18	0.38
Other Assets	0.79	0.8	-0.09	0.81	0.72	0.77	0.68	0.79	0.83	0.79	0.61		0.45	0.79	0.76	-0.76	0.65	0.77	-0.18	0.26	0.79	0.7	-0.32	0.8	0.57	0.78
Cash And Short Term Investments	0.88	0.59	-0.12	0.49	0.91	0.89	0.48	0.77	0.68	0.68	0.05	0.45		0.88	0.88	-0.56	0.74	0.85	0.66	0.53	0.88	0.42	-0.37	0.89	0.71	0.88
Common Stock Total Equity	0.96	0.74	-0.03	0.74	0.99	0.99	0.6	0.88	0.9	0.81	0.33	0.79	0.88		0.94	-0.71	0.78	0.93	0.39	0.46	1.0	0.61	-0.42	1.0	0.75	0.96
Common Stock Shares Outstanding	0.98	0.83	-0.22	0.74	0.93	0.95	0.72	0.93	0.81	0.89	0.38	0.76	0.88	0.94		-0.78	0.88	0.97	0.31	0.4	0.94	0.7	-0.29	0.96	0.77	0.99
Other Stockholder Equity	-0.81	-0.86	0.37	-0.68	-0.64	-0.72	-0.83	-0.89	-0.57	-0.84	-0.49	-0.76	-0.56	-0.71	-0.78		-0.82	-0.83	0.02	-0.38	-0.72	-0.75	0.17	-0.73	-0.64	-0.82
Total Liab	0.9	0.92	-0.6	0.65	0.73	0.81	0.91	0.93	0.53	0.91	0.41	0.65	0.74	0.78	0.88	-0.82		0.94	0.14	0.52	0.78	0.79	-0.23	0.8	0.74	0.9
Property Plant And Equipment Gross	0.99	0.9	-0.34	0.76	0.9	0.95	0.83	0.98	0.76	0.94	0.43	0.77	0.85	0.93	0.97	-0.83	0.94		0.24	0.51	0.93	0.78	-0.37	0.94	0.76	0.99
Total Current Assets	0.29	-0.17	0.21	-0.21	0.44	0.38	-0.25	0.14	0.21	-0.07	-0.63	-0.18	0.66	0.39	0.31	0.02	0.14	0.24		0.39	0.38	-0.33	-0.26	0.37	0.3	0.32
Short Term Debt	0.47	0.39	-0.26	0.03	0.41	0.45	0.38	0.43	0.23	0.32	-0.22	0.26	0.53	0.46	0.4	-0.38	0.52	0.51	0.39		0.46	0.11	-0.44	0.47	0.54	0.46
Common Stock	0.96	0.75	-0.04	0.74	0.99	0.99	0.61	0.88	0.9	0.82	0.34	0.79	0.88	1.0	0.94	-0.72	0.78	0.93	0.38	0.46		0.62	-0.42	1.0	0.75	0.96
Non Current Liabilities Total	0.74	0.93	-0.4	0.9	0.58	0.66	0.91	0.82	0.56	0.94	0.87	0.7	0.42	0.61	0.7	-0.75	0.79	0.78	-0.33	0.11	0.62		-0.17	0.62	0.47	0.71
Other Current Assets	-0.37	-0.25	-0.19	-0.24	-0.44	-0.5	-0.17	-0.36	-0.41	-0.25	-0.05	-0.32	-0.37	-0.42	-0.29	0.17	-0.23	-0.37	-0.26	-0.44	-0.42	-0.17		-0.4	0.04	-0.3
Good Will	0.97	0.76	-0.07	0.74	0.98	0.98	0.63	0.89	0.88	0.83	0.33	0.8	0.89	1.0	0.96	-0.73	0.8	0.94	0.37	0.47	1.0	0.62	-0.4		0.76	0.97
Other Liab	0.77	0.63	-0.31	0.47	0.7	0.69	0.56	0.68	0.55	0.66	0.18	0.57	0.71	0.75	0.77	-0.64	0.74	0.76	0.3	0.54	0.75	0.47	0.04	0.76		0.8
Accounts Payable	1.0	0.85	-0.26	0.75	0.93	0.96	0.75	0.96	0.81	0.9	0.38	0.78	0.88	0.96	0.99	-0.82	0.9	0.99	0.32	0.46	0.96	0.71	-0.3	0.97	0.8

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ChoiceOne Financial Account Relationship Matchups

ChoiceOne Financial balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.9B	2.4B	2.4B	2.6B	3.0B	3.1B
Short Long Term Debt Total	12.4M	85.0M	135.3M	235.5M	270.8M	284.4M
Other Current Liab	787.3M	1.1B	(50M)	(30M)	(34.5M)	(32.8M)
Total Current Liabilities	820.3M	1.1B	50M	1.8B	2.1B	2.2B
Total Stockholder Equity	227.3M	221.7M	168.9M	195.6M	225.0M	236.2M
Property Plant And Equipment Net	29.9M	29.9M	28.2M	29.8M	34.2M	35.9M
Net Debt	(67.1M)	53.1M	91.3M	180.1M	207.1M	217.4M
Retained Earnings	37.5M	52.3M	68.4M	73.7M	84.8M	89.0M
Cash	79.5M	31.9M	43.9M	55.4M	63.7M	66.9M
Non Current Assets Total	681.4M	1.2B	1.1B	2.5B	2.9B	3.0B
Non Currrent Assets Other	(5.6M)	(1.2B)	(1.1B)	1.5B	1.3B	1.4B
Other Assets	555.6M	584.1M	25.9M	731.3M	841.0M	883.0M
Cash And Short Term Investments	654.3M	1.1B	590.8M	569.7M	655.1M	687.9M
Common Stock Total Equity	162.6M	178.8M	171.9M	172.3M	198.1M	208.0M
Common Stock Shares Outstanding	7.5M	7.7M	7.5M	7.6M	8.7M	9.1M
Liabilities And Stockholders Equity	1.9B	2.4B	2.4B	2.6B	3.0B	3.1B
Other Stockholder Equity	(1.8M)	24K	(2.6M)	(71.8M)	(64.6M)	(61.4M)
Total Liab	12.4M	2.1B	2.2B	2.4B	2.7B	2.9B
Property Plant And Equipment Gross	29.5M	46.2M	46.4M	50.7M	58.3M	61.2M
Total Current Assets	654.3M	1.1B	590.8M	55.4M	63.7M	60.6M
Short Term Debt	33.0M	3.4M	50M	30M	34.5M	19.0M
Common Stock	178.8M	171.9M	172.3M	173.5M	199.5M	209.5M
Non Current Liabilities Total	12.4M	85.0M	50M	2.4B	2.7B	2.9B
Accumulated Other Comprehensive Income	11.0M	(2.6M)	(71.8M)	(51.6M)	(46.4M)	(44.1M)
Other Current Assets	79.8M	32.1M	43.9M	55.6M	50.0M	47.5M
Other Liab	3.0M	5.7M	5.5M	7.7M	8.9M	4.8M
Accounts Payable	1.2B	1.7B	2.1B	2.1B	2.4B	2.6B
Long Term Debt	12.4M	85.0M	85.3M	205.5M	236.3M	248.1M
Short Term Investments	574.8M	1.1B	546.9M	514.6M	591.8M	305.2M
Inventory	102K	929K	266K	194K	174.6K	165.9K
Intangible Assets	5.3M	4.0M	2.8M	1.9M	1.7M	2.7M
Property Plant Equipment	24.3M	29.9M	29.9M	28.2M	32.5M	18.5M
Net Tangible Assets	133.3M	161.5M	157.8M	106.1M	122.0M	98.8M
Retained Earnings Total Equity	28.1M	37.5M	52.3M	68.4M	78.7M	82.6M
Long Term Investments	585.7M	1.1B	972.8M	930.1M	1.1B	1.1B
Non Current Liabilities Other	39.4M	14.4M	57.7M	63.8M	73.3M	77.0M
Short Long Term Debt	36K	37K	50M	30M	34.5M	22.2M

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ChoiceOne Historical Balance Sheet

ChoiceOne Financial Inventory

165,870

About ChoiceOne Balance Sheet Analysis

ChoiceOne Financial Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

ChoiceOne Financial balance sheet Correlations

ChoiceOne Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ChoiceOne Financial balance sheet Accounts

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Accounts Payable	+ 1.0	Total Assets
Common Stock	+ 1.0	Common Stock Total Equity
Good Will	+ 1.0	Common Stock Total Equity
Good Will	+ 1.0	Common Stock
Property Plant And Equipment Gross	+ 0.99	Total Assets
Common Stock Total Equity	+ 0.99	Total Stockholder Equity

Other Stockholder Equity	- 0.89	Retained Earnings
Other Stockholder Equity	- 0.86	Short Long Term Debt Total
Other Stockholder Equity	- 0.84	Non Current Assets Total
Property Plant And Equipment Gross	- 0.83	Other Stockholder Equity
Other Stockholder Equity	- 0.83	Net Debt
Accounts Payable	- 0.82	Other Stockholder Equity