Taitron Historical Balance Sheet

TAIT Stock  USD 2.74  0.04  1.48%   
Trend analysis of Taitron Components Incorporated balance sheet accounts such as Total Stockholder Equity of 14.8 M, Property Plant And Equipment Net of 4.5 M, Retained Earnings of 6.3 M or Accounts Payable of 184.3 K provides information on Taitron Components' total assets, liabilities, and equity, which is the actual value of Taitron Components to its prevalent stockholders. By breaking down trends over time using Taitron Components 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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Covid
Financial Statement Analysis is much more than just reviewing and examining Taitron Components 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 Taitron Components is a good buy for the upcoming year.

Taitron Components Inventory

2.47 Million

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taitron Components Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

About Taitron Balance Sheet Analysis

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

Taitron Components Balance Sheet Chart

At this time, Taitron Components' Total Current Assets are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 2.1 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 1.1 M in 2024.

Total Assets

Total assets refers to the total amount of Taitron Components 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 Taitron Components 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 Taitron Components balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Taitron Components Incorporated 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 Taitron Components' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Taitron Components 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Taitron Components Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Taitron Components' Total Current Assets are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 2.1 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 1.1 M in 2024.
 2023 2024 (projected)
Short and Long Term Debt Total146.7K139.4K
Total Assets18.0M19.9M

Taitron Components balance sheet Correlations

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-0.18-0.080.79-0.51-0.240.95-0.010.66-0.88-0.29-0.760.65-0.70.550.54-0.22-0.890.94-0.110.83-0.25-0.550.410.370.52
0.35-0.080.20.330.02-0.080.36-0.060.060.260.16-0.030.190.220.10.340.13-0.020.330.160.010.42-0.23-0.5-0.26
-0.360.790.2-0.67-0.580.67-0.210.87-0.57-0.62-0.440.81-0.630.450.160.0-0.890.92-0.170.83-0.13-0.310.33-0.160.17
0.88-0.510.33-0.670.69-0.390.79-0.690.310.890.32-0.770.560.060.330.370.79-0.620.72-0.46-0.070.62-0.250.21-0.23
0.7-0.240.02-0.580.69-0.050.54-0.52-0.030.8-0.08-0.660.10.170.510.130.61-0.410.56-0.39-0.130.03-0.130.480.3
-0.10.95-0.080.67-0.39-0.050.040.59-0.98-0.14-0.880.6-0.630.590.68-0.28-0.790.86-0.10.79-0.19-0.560.30.470.68
0.95-0.010.36-0.210.790.540.04-0.41-0.040.760.14-0.450.010.260.510.440.32-0.140.920.07-0.090.47-0.130.25-0.22
-0.460.66-0.060.87-0.69-0.520.59-0.41-0.54-0.72-0.510.77-0.460.540.190.0-0.780.86-0.280.64-0.23-0.350.350.020.32
0.07-0.880.06-0.570.31-0.03-0.98-0.04-0.540.050.93-0.570.5-0.6-0.730.330.69-0.770.12-0.730.160.53-0.22-0.51-0.76
0.85-0.290.26-0.620.890.8-0.140.76-0.720.050.12-0.750.310.050.420.230.65-0.490.63-0.390.070.44-0.230.37-0.01
0.2-0.760.16-0.440.32-0.08-0.880.14-0.510.930.12-0.550.32-0.57-0.730.510.59-0.650.29-0.580.320.68-0.27-0.53-0.9
-0.630.65-0.030.81-0.77-0.660.6-0.450.77-0.57-0.75-0.55-0.450.240.06-0.44-0.870.73-0.490.79-0.05-0.520.13-0.220.35
0.13-0.70.19-0.630.560.1-0.630.01-0.460.50.310.32-0.45-0.18-0.130.030.69-0.68-0.07-0.63-0.020.53-0.24-0.1-0.21
0.290.550.220.450.060.170.590.260.54-0.60.05-0.570.24-0.180.760.27-0.30.60.310.41-0.46-0.050.10.490.43
0.50.540.10.160.330.510.680.510.19-0.730.42-0.730.06-0.130.76-0.04-0.160.40.40.4-0.44-0.210.20.680.63
0.53-0.220.340.00.370.13-0.280.440.00.330.230.51-0.440.030.27-0.040.29-0.050.64-0.140.010.69-0.19-0.01-0.56
0.52-0.890.13-0.890.790.61-0.790.32-0.780.690.650.59-0.870.69-0.3-0.160.29-0.920.38-0.860.110.56-0.33-0.03-0.33
-0.270.94-0.020.92-0.62-0.410.86-0.140.86-0.77-0.49-0.650.73-0.680.60.4-0.05-0.92-0.140.84-0.22-0.430.40.220.38
0.94-0.110.33-0.170.720.56-0.10.92-0.280.120.630.29-0.49-0.070.310.40.640.38-0.14-0.02-0.120.5-0.070.17-0.32
-0.150.830.160.83-0.46-0.390.790.070.64-0.73-0.39-0.580.79-0.630.410.4-0.14-0.860.84-0.02-0.13-0.420.21-0.010.28
-0.1-0.250.01-0.13-0.07-0.13-0.19-0.09-0.230.160.070.32-0.05-0.02-0.46-0.440.010.11-0.22-0.12-0.130.27-0.21-0.28-0.34
0.54-0.550.42-0.310.620.03-0.560.47-0.350.530.440.68-0.520.53-0.05-0.210.690.56-0.430.5-0.420.27-0.34-0.2-0.7
-0.130.41-0.230.33-0.25-0.130.3-0.130.35-0.22-0.23-0.270.13-0.240.10.2-0.19-0.330.4-0.070.21-0.21-0.340.180.21
0.30.37-0.5-0.160.210.480.470.250.02-0.510.37-0.53-0.22-0.10.490.68-0.01-0.030.220.17-0.01-0.28-0.20.180.52
-0.20.52-0.260.17-0.230.30.68-0.220.32-0.76-0.01-0.90.35-0.210.430.63-0.56-0.330.38-0.320.28-0.34-0.70.210.52
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Taitron Components Account Relationship Matchups

Taitron Components balance sheet Accounts

201920202021202220232024 (projected)
Total Assets13.6M14.3M17.1M17.1M18.0M19.9M
Other Current Liab322K446K924K790K969K485.7K
Total Stockholder Equity12.7M13.2M14.4M16.1M16.8M14.8M
Property Plant And Equipment Net3.4M3.2M3.1M2.9M3.0M4.5M
Net Debt(5.3M)(6.5M)(6.0M)(5.2M)(6.2M)(5.9M)
Retained Earnings1.7M2.2M3.3M4.8M5.4M6.3M
Accounts Payable462K410K1.8M211K194K184.3K
Cash5.3M6.7M6.0M5.2M6.2M6.5M
Non Current Assets Total3.6M3.4M3.2M5.2M5.2M5.1M
Cash And Short Term Investments5.3M6.7M7.5M7.3M9.8M10.3M
Net Receivables1.0M639K900K683K92K87.4K
Common Stock Shares Outstanding5.8M5.9M5.9M6.0M6.0M4.7M
Liabilities And Stockholders Equity13.6M14.3M17.1M17.1M18.0M19.9M
Non Current Liabilities Total462K163K1.8M211K137K130.2K
Inventory3.6M3.5M5.3M3.9M2.6M2.5M
Other Current Assets85K92K346K148K283K286.9K
Other Stockholder Equity11.0M11.1M11.2M11.4M11.5M11.8M
Total Liab784K1.0M2.7M1.0M1.2M1.1M
Total Current Assets10.0M10.9M13.9M12.0M12.8M16.1M
Property Plant And Equipment Gross3.4M3.2M7.5M7.5M7.8M5.4M
Accumulated Other Comprehensive Income38K(66K)(73K)(58K)(61K)(64.1K)
Property Plant Equipment3.7M3.4M3.2M3.1M2.7M3.8M
Net Tangible Assets12.6M12.7M13.2M14.4M12.9M11.6M
Retained Earnings Total Equity867K1.7M1.7M2.2M2.0M2.9M
Capital Surpluse10.7M10.8M11.0M11.1M12.7M11.8M
Long Term Investments403K212K205K186K167.4K159.0K
Net Invested Capital12.7M13.4M14.4M16.1M16.8M15.5M
Net Working Capital9.2M10.0M11.1M11.0M11.6M11.0M

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When running Taitron Components' price analysis, check to measure Taitron Components' 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 Taitron Components is operating at the current time. Most of Taitron Components' value examination focuses on studying past and present price action to predict the probability of Taitron Components' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taitron Components' price. Additionally, you may evaluate how the addition of Taitron Components to your portfolios can decrease your overall portfolio volatility.