Newegg Historical Balance Sheet
| NEGG Stock | USD 0.27 0.02 7.66% |
Trend analysis of Newegg Commerce balance sheet accounts such as Total Current Liabilities of 358.1 M provides information on Newegg Commerce's total assets, liabilities, and equity, which is the actual value of Newegg Commerce to its prevalent stockholders. By breaking down trends over time using Newegg Commerce 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 Newegg Commerce 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 Newegg Commerce is a good buy for the upcoming year.
Newegg Commerce Inventory |
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About Newegg Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Newegg Commerce at a specified time, usually calculated after every quarter, six months, or one year. Newegg Commerce Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Newegg Commerce 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 Newegg currently owns. An asset can also be divided into two categories, current and non-current.
Newegg Commerce Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Newegg Commerce 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 Newegg Commerce 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 Newegg Commerce balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Newegg Commerce 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.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most accounts from Newegg Commerce's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Newegg Commerce 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 Newegg Commerce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in Newegg Stock please use our How to Invest in Newegg Commerce guide.At this time, Newegg Commerce's Other Current Liabilities is most likely to increase significantly in the upcoming years. The Newegg Commerce's current Total Current Liabilities is estimated to increase to about 358.1 M, while Retained Earnings are forecasted to increase to (111.7 M).
| 2022 | 2023 | 2024 | 2025 (projected) | Short and Long Term Debt Total | 96.8M | 90.6M | 104.1M | 109.4M | Total Assets | 542.1M | 499.0M | 573.9M | 602.6M |
Newegg Commerce balance sheet Correlations
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Newegg Commerce Account Relationship Matchups
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Newegg Commerce balance sheet Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 557.5M | 626.6M | 542.1M | 499.0M | 573.9M | 602.6M | |
| Short Long Term Debt Total | 56.4M | 107.2M | 96.8M | 90.6M | 104.1M | 109.4M | |
| Other Current Liab | 58.1M | 50.2M | 33.8M | 29.2M | 33.6M | 35.2M | |
| Total Current Liabilities | 388.1M | 356.3M | 309.8M | 296.5M | 341.0M | 358.1M | |
| Total Stockholder Equity | 127.5M | 182.3M | 155.2M | 129.4M | 148.8M | 156.2M | |
| Property Plant And Equipment Net | 93.0M | 144.7M | 129.2M | 138.6M | 159.4M | 167.4M | |
| Net Debt | (100.3M) | 7.2M | (25.7M) | (11.9M) | (10.8M) | (10.2M) | |
| Retained Earnings | (50.5M) | (14.3M) | (71.7M) | (130.7M) | (117.6M) | (111.7M) | |
| Accounts Payable | 241.5M | 220.8M | 207.1M | 206.6M | 237.6M | 249.5M | |
| Cash | 156.6M | 100.0M | 122.6M | 102.5M | 117.9M | 123.8M | |
| Non Current Assets Total | 128.9M | 187.6M | 151.3M | 169.8M | 195.3M | 205.0M | |
| Non Currrent Assets Other | 10.5M | 12.2M | 9.9M | 27.3M | 31.4M | 29.8M | |
| Cash And Short Term Investments | 156.6M | 100.0M | 122.6M | 106.5M | 122.4M | 128.6M | |
| Net Receivables | 67.3M | 63.7M | 88.7M | 83.6M | 96.2M | 101.0M | |
| Common Stock Shares Outstanding | 385.0M | 432.3M | 373.1M | 378.6M | 435.3M | 457.1M | |
| Liabilities And Stockholders Equity | 557.5M | 626.6M | 542.1M | 499.0M | 573.9M | 602.6M | |
| Inventory | 182.1M | 245.1M | 156.0M | 136.2M | 156.6M | 164.4M | |
| Other Current Assets | 22.6M | 30.2M | 23.6M | 18.2M | 20.9M | 22.0M | |
| Other Stockholder Equity | 167.0M | 182.4M | 217.6M | 251.6M | 289.3M | 303.8M | |
| Total Liab | 430.0M | 444.3M | 386.9M | 369.7M | 425.1M | 446.4M | |
| Property Plant And Equipment Gross | 75.7K | 234.4M | 129.2M | 221.6M | 254.8M | 267.6M | |
| Total Current Assets | 428.6M | 439.0M | 390.8M | 344.5M | 396.1M | 415.9M | |
| Accumulated Other Comprehensive Income | 3.1M | 6.1M | 1.1M | 194K | 223.1K | 211.9K | |
| Common Stock | 7.9M | 8.1M | 8.2M | 8.3M | 9.6M | 10.0M | |
| Current Deferred Revenue | 47.4M | 39.8M | 31.0M | 25.6M | 23.1M | 21.9M | |
| Non Current Liabilities Total | 41.9M | 88.0M | 77.1M | 73.1M | 65.8M | 88.9M | |
| Short Term Debt | 15.3M | 21.1M | 20.6M | 21.3M | 19.2M | 18.2M | |
| Property Plant Equipment | 85.2M | 93.0M | 144.7M | 129.2M | 148.6M | 80.4M | |
| Other Liab | 741K | 749K | 1.8M | 863K | 776.7K | 923.5K | |
| Net Tangible Assets | (95.8M) | (60.3M) | 182.3M | 155.2M | 178.5M | 187.4M | |
| Other Assets | 11.2M | 25.6M | 10.8M | (15.2M) | (13.7M) | (13.0M) |
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When determining whether Newegg Commerce is a strong investment it is important to analyze Newegg Commerce'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 Newegg Commerce's future performance. For an informed investment choice regarding Newegg Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newegg Commerce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in Newegg Stock please use our How to Invest in Newegg Commerce guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Computer & Electronics Retail 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 Newegg Commerce. If investors know Newegg 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 Newegg Commerce 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 (0.41) | Earnings Share (0.15) | Revenue Per Share | Quarterly Revenue Growth (0.14) | Return On Assets |
The market value of Newegg Commerce is measured differently than its book value, which is the value of Newegg that is recorded on the company's balance sheet. Investors also form their own opinion of Newegg Commerce's value that differs from its market value or its book value, called intrinsic value, which is Newegg Commerce'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 Newegg Commerce's market value can be influenced by many factors that don't directly affect Newegg Commerce'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 Newegg Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newegg Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newegg Commerce'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.