Lite Historical Balance Sheet
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Trend analysis of Lite Access Technologies balance sheet accounts such as Cash of 1.8 M provides information on Lite Access' total assets, liabilities, and equity, which is the actual value of Lite Access Technologies to its prevalent stockholders. By breaking down trends over time using Lite Access 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 Lite Access Technologies 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 Lite Access Technologies is a good buy for the upcoming year.
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About Lite Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Lite Access Technologies at a specified time, usually calculated after every quarter, six months, or one year. Lite Access Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Lite Access 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 Lite currently owns. An asset can also be divided into two categories, current and non-current.
Lite Access Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Lite Access 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 Lite Access Technologies 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 Lite Access balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Lite Access Technologies 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.Accounts Payable
An accounting item on the balance sheet that represents Lite Access 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 Lite Access Technologies 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.Long Term Debt
Long-term debt is a debt that Lite Access Technologies has held for over one year. Long-term debt appears on Lite Access Technologies 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 Lite Access Technologies 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 Lite Access' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Lite Access Technologies 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 Lite Access Technologies. 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 this time, Lite Access' Accumulated Other Comprehensive Income is fairly stable compared to the past year. Property Plant And Equipment Gross is likely to climb to about 3.3 M in 2025, despite the fact that Retained Earnings are likely to grow to (38.9 M).
2022 | 2023 | 2024 | 2025 (projected) | Total Current Liabilities | 2.4M | 4.4M | 5.0M | 3.3M | Total Assets | 2.9M | 3.7M | 3.3M | 6.1M |
Lite Access balance sheet Correlations
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Lite Access balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 6.5M | 3.6M | 2.9M | 3.7M | 3.3M | 6.1M | |
Total Current Liabilities | 3.4M | 2.9M | 2.4M | 4.4M | 5.0M | 3.3M | |
Retained Earnings | (40.6M) | (43.4M) | (44.9M) | (45.5M) | (41.0M) | (38.9M) | |
Accounts Payable | 2.0M | 782.5K | 507.3K | 478.1K | 549.9K | 522.4K | |
Cash | 627.8K | 239.1K | 562.2K | 1.1M | 953.5K | 1.8M | |
Long Term Debt | 121.9K | 89.5K | 80K | 569.2K | 92K | 174.2K | |
Net Receivables | 2.8M | 2.4M | 1.4M | 652.8K | 750.7K | 713.2K | |
Inventory | 372.6K | 96.4K | 138.8K | 73.0K | 65.7K | 62.4K | |
Total Liab | 4.1M | 3.0M | 3.0M | 4.5M | 5.1M | 3.6M | |
Short Long Term Debt | 36.5K | 468.6K | 314.8K | 497.9K | 572.6K | 601.2K | |
Total Current Assets | 3.9M | 2.7M | 2.1M | 3.1M | 3.6M | 5.5M | |
Short Term Debt | 284.0K | 1.0M | 366.9K | 78.8K | 90.6K | 86.0K | |
Common Stock | 36.2M | 37.4M | 38.3M | 38.8M | 44.6M | 25.0M | |
Short Long Term Debt Total | 666.3K | 1.5M | 508.2K | 738.9K | 849.7K | 722.5K | |
Other Current Liab | 12.4M | 322.4K | 1.7M | 1.8M | 2.0M | 2.1M | |
Total Stockholder Equity | 2.5M | 598.2K | (169.8K) | (736.9K) | (663.2K) | (630.1K) | |
Net Tangible Assets | 6.9M | (1.4M) | 2.5M | 598.2K | 538.3K | 511.4K | |
Property Plant And Equipment Net | 2.7M | 860.6K | 768.2K | 596.5K | 536.9K | 510.0K | |
Net Debt | (820.3K) | 877.6K | 269.1K | 176.7K | 203.2K | 213.4K | |
Non Current Assets Total | 2.7M | 860.6K | 768.2K | 596.5K | 536.9K | 510.0K | |
Cash And Short Term Investments | 1.5M | 627.8K | 239.1K | 562.2K | 505.9K | 480.7K | |
Common Stock Shares Outstanding | 71.3M | 68.8M | 84.3M | 87.3M | 100.4M | 55.0M | |
Liabilities And Stockholders Equity | 11.6M | 6.5M | 3.6M | 2.9M | 2.6M | 2.4M | |
Non Current Liabilities Total | 663.4K | 141.3K | 660.1K | 90.9K | 104.5K | 99.3K | |
Other Current Assets | 103.7K | 43.9K | 6K | 31.6K | 36.3K | 48.7K | |
Other Stockholder Equity | 5.1M | 5.7M | 5.7M | 18.8K | 16.9K | 16.1K | |
Property Plant Equipment | 4.9M | 2.8M | 2.7M | 860.6K | 989.7K | 940.2K | |
Accumulated Other Comprehensive Income | 95.7K | 5.7M | 5.7M | 5.9M | 6.8M | 7.1M | |
Capital Lease Obligations | 947.3K | 113.4K | 169.7K | 91.0K | 81.9K | 77.8K | |
Net Invested Capital | 3.0M | 992.9K | 399.4K | (159.0K) | (143.1K) | (136.0K) | |
Net Working Capital | 439.5K | (121.2K) | (277.8K) | (1.2M) | (1.1M) | (1.1M) | |
Capital Stock | 37.4M | 38.3M | 38.8M | 38.9M | 44.7M | 38.4M | |
Property Plant And Equipment Gross | 4.9M | 2.7M | 2.7M | 2.8M | 2.5M | 3.3M |
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When running Lite Access' price analysis, check to measure Lite Access' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lite Access is operating at the current time. Most of Lite Access' value examination focuses on studying past and present price action to predict the probability of Lite Access' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lite Access' price. Additionally, you may evaluate how the addition of Lite Access to your portfolios can decrease your overall portfolio volatility.