FitLife Historical Balance Sheet
FTLF Stock | USD 14.86 0.01 0.07% |
Trend analysis of FitLife Brands, Common balance sheet accounts such as Other Current Liabilities of 1.9 M or Total Current Liabilities of 12.5 M provides information on FitLife Brands,'s total assets, liabilities, and equity, which is the actual value of FitLife Brands, Common to its prevalent stockholders. By breaking down trends over time using FitLife Brands, 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 FitLife Brands, Common 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 FitLife Brands, Common is a good buy for the upcoming year.
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About FitLife Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of FitLife Brands, Common at a specified time, usually calculated after every quarter, six months, or one year. FitLife Brands, Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of FitLife Brands, 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 FitLife currently owns. An asset can also be divided into two categories, current and non-current.
FitLife Brands, Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of FitLife Brands, 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 FitLife Brands, Common 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 FitLife Brands, balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of FitLife Brands, Common 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 FitLife Brands,'s balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into FitLife Brands, Common 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FitLife Brands, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, FitLife Brands,'s Other Current Liabilities is most likely to increase significantly in the upcoming years. The FitLife Brands,'s current Total Current Liabilities is estimated to increase to about 12.5 M, while Cash is projected to decrease to roughly 1.2 M.
2023 | 2024 | 2025 (projected) | Short and Long Term Debt Total | 20.1M | 23.2M | 24.3M | Total Assets | 55.3M | 63.6M | 66.8M |
FitLife Brands, balance sheet Correlations
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FitLife Brands, Account Relationship Matchups
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FitLife Brands, balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 16.8M | 21.5M | 25.7M | 55.3M | 63.6M | 66.8M | |
Short Long Term Debt Total | 254K | 661K | 158K | 20.1M | 23.2M | 24.3M | |
Other Current Liab | 833K | 632K | 1.2M | 1.6M | 1.8M | 1.9M | |
Total Current Liabilities | 4.1M | 4.1M | 4.1M | 10.3M | 11.9M | 12.5M | |
Total Stockholder Equity | 12.0M | 17.3M | 21.4M | 27.0M | 31.1M | 32.6M | |
Net Debt | (11K) | (5.7M) | (9.7M) | 19.0M | 21.9M | 23.0M | |
Retained Earnings | (18.4M) | (13.1M) | (13.2M) | (3.4M) | (3.1M) | (3.2M) | |
Accounts Payable | 2.0M | 3.2M | 2.9M | 3.3M | 3.8M | 3.9M | |
Cash | 6.3M | 9.9M | 13.3M | 1.1M | 1.3M | 1.2M | |
Non Current Assets Total | 625K | 4.9M | 3.8M | 40.7M | 46.8M | 49.1M | |
Cash And Short Term Investments | 265K | 6.3M | 9.9M | 1.1M | 1.3M | 2.0M | |
Common Stock Shares Outstanding | 4.5M | 4.8M | 5.0M | 4.9M | 5.6M | 3.3M | |
Liabilities And Stockholders Equity | 6.3M | 16.8M | 21.5M | 55.3M | 63.6M | 66.8M | |
Non Current Liabilities Total | 208K | 611K | 103K | 18.0M | 20.7M | 21.7M | |
Total Liab | 4.7M | 4.2M | 4.3M | 28.3M | 32.6M | 34.2M | |
Total Current Assets | 11.9M | 17.7M | 17.7M | 14.7M | 16.9M | 17.7M | |
Property Plant And Equipment Net | 98K | 70K | 46K | 258K | 296.7K | 311.5K | |
Other Stockholder Equity | 30.4M | 30.4M | 30.4M | 30.7M | 35.3M | 27.7M | |
Property Plant Equipment | 136K | 98K | 70K | 46K | 52.9K | 50.3K | |
Net Receivables | 2.4M | 2.1M | 945K | 3.1M | 3.5M | 3.7M | |
Other Current Assets | 52K | 322K | 295K | 1.4M | 1.6M | 1.7M | |
Inventory | 3.0M | 3.4M | 6.5M | 9.1M | 10.5M | 11.0M | |
Short Term Debt | 46K | 50K | 55K | 4.6M | 5.3M | 5.5M | |
Net Tangible Assets | 3.1M | 11.8M | 16.8M | 21.4M | 24.6M | 25.8M | |
Capital Surpluse | 32.0M | 32.1M | 32.2M | 30.1M | 34.6M | 33.2M |
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When determining whether FitLife Brands, Common is a strong investment it is important to analyze FitLife Brands,'s competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FitLife Brands,'s future performance. For an informed investment choice regarding FitLife Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FitLife Brands, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Personal Care Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FitLife Brands,. If investors know FitLife will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FitLife Brands, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.325 | Earnings Share 1.62 | Revenue Per Share | Quarterly Revenue Growth 0.147 | Return On Assets |
The market value of FitLife Brands, Common is measured differently than its book value, which is the value of FitLife that is recorded on the company's balance sheet. Investors also form their own opinion of FitLife Brands,'s value that differs from its market value or its book value, called intrinsic value, which is FitLife Brands,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FitLife Brands,'s market value can be influenced by many factors that don't directly affect FitLife Brands,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FitLife Brands,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if FitLife Brands, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FitLife Brands,'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.