Elite Historical Balance Sheet

002998 Stock   6.45  0.10  1.57%   
Trend analysis of Elite Color Environmental balance sheet accounts such as Other Current Liab of 757.1 K, Total Current Liabilities of 348.2 M or Total Stockholder Equity of 1.2 B provides information on Elite Color's total assets, liabilities, and equity, which is the actual value of Elite Color Environmental to its prevalent stockholders. By breaking down trends over time using Elite Color 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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Financial Statement Analysis is much more than just reviewing and examining Elite Color Environmental 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 Elite Color Environmental is a good buy for the upcoming year.

Elite Color Inventory

204.27 Million

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

About Elite Balance Sheet Analysis

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

Elite Color Balance Sheet Chart

At present, Elite Color's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 116.4 M, whereas Total Assets are forecasted to decline to about 1.8 B.

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.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Accounts Payable

An accounting item on the balance sheet that represents Elite Color 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 Elite Color Environmental 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.
Most accounts from Elite Color's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Elite Color Environmental 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 Elite Color Environmental. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At present, Elite Color's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 116.4 M, whereas Total Assets are forecasted to decline to about 1.8 B.
 2022 2023 2024 2025 (projected)
Other Current Liabilities20.4M885.5K797.0K757.1K
Total Assets2.6B2.5B2.8B1.8B

Elite Color balance sheet Correlations

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0.970.00.610.940.950.930.980.860.840.980.37-0.23-0.860.760.940.820.9-0.950.920.910.890.970.470.880.94
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0.360.580.570.270.450.250.350.40.20.46-0.05-0.38-0.510.40.380.460.47-0.490.470.240.560.210.480.240.3
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0.99-0.240.430.980.830.940.960.770.910.960.46-0.22-0.750.860.950.840.9-0.890.940.980.750.940.940.30.94
Click cells to compare fundamentals

Elite Color Account Relationship Matchups

Elite Color balance sheet Accounts

202020212022202320242025 (projected)
Total Assets1.6B1.8B2.6B2.5B2.8B1.8B
Other Current Liab24.1M39.1M20.4M885.5K797.0K757.1K
Total Current Liabilities229.6M366.7M435.1M215.8M248.1M348.2M
Total Stockholder Equity1.4B1.5B1.6B1.7B2.0B1.2B
Other Liab6.8M10.1M11.8M10.0M11.4M8.2M
Net Tangible Assets638.7M728.7M1.3B1.4B1.6B922.2M
Retained Earnings499.2M567.4M594.1M673.0M774.0M449.0M
Accounts Payable112.0M147.3M182.6M153.9M177.0M152.5M
Cash300.3M311.6M899.3M482.8M555.2M355.2M
Non Current Assets Total861.6M1.1B1.1B1.3B1.4B944.4M
Non Currrent Assets Other99.2M17.8M19.3M96.4M110.9M116.4M
Other Assets8.5M7.7M107.8M25.4M29.2M47.6M
Net Receivables68.0M91.2M119.8M118.1M106.3M100.3M
Non Current Liabilities Total11.8M10.0M517.5M543.1M624.6M655.8M
Inventory130.0M263.2M324.7M258.1M296.8M204.3M
Other Current Assets33.5M57.9M57.5M121.5M139.7M146.7M
Total Liab241.4M376.7M952.6M758.9M872.7M533.1M
Deferred Long Term Liab252.4K293.2K80.3K73.9K66.5K63.2K
Short Long Term Debt131M136.2M150.2M192.1M220.9M136.3M
Total Current Assets782.9M723.8M1.4B1.2B1.4B823.4M
Intangible Assets105.2M114.7M111.9M109.2M125.6M114.8M
Property Plant Equipment685.5M648.6M984.8M997.2M1.1B723.0M
Net Invested Capital1.4B1.6B2.3B2.2B2.6B1.6B
Net Working Capital553.3M357.1M1.0B991.3M1.1B1.2B
Property Plant And Equipment Net648.6M984.8M997.2M1.0B1.2B958.3M
Property Plant And Equipment Gross909.6M1.3B997.2M1.6B1.8B1.3B

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Other Information on Investing in Elite Stock

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