Elite Historical Balance Sheet

002998 Stock   6.88  0.40  5.49%   
Trend analysis of Elite Color Environmental balance sheet accounts such as Other Current Liab of 841.3 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 101.3 M, whereas Total Assets are forecasted to decline to about 1.8 B.

Total Assets

Total assets refers to the total amount of Elite Color 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 Elite Color Environmental 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 Elite Color balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Elite Color Environmental 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.

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 Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Long Term Debt

Long-term debt is a debt that Elite Color Environmental has held for over one year. Long-term debt appears on Elite Color Environmental 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 Elite Color Environmental 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 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 101.3 M, whereas Total Assets are forecasted to decline to about 1.8 B.
 2021 2022 2023 2024 (projected)
Other Current Liabilities39.1M20.4M885.5K841.3K
Total Assets1.8B2.6B2.5B1.8B

Elite Color balance sheet Correlations

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Elite Color Account Relationship Matchups

Elite Color balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.6B1.8B2.6B2.5B1.8B
Other Current Liab16.2M24.1M39.1M20.4M885.5K841.3K
Total Current Liabilities480.6M229.6M366.7M435.1M215.8M348.2M
Total Stockholder Equity836.4M1.4B1.5B1.6B1.7B1.2B
Other Liab6.8M10.1M11.8M10.0M11.4M8.2M
Net Tangible Assets638.7M728.7M1.3B1.4B1.6B922.2M
Retained Earnings364.1M499.2M567.4M594.1M673.0M449.0M
Accounts Payable205.6M112.0M147.3M182.6M153.9M152.5M
Cash260.1M300.3M311.6M899.3M482.8M355.2M
Non Current Assets Total800.9M861.6M1.1B1.1B1.3B944.4M
Non Currrent Assets Other1.6M99.2M17.8M19.3M96.4M101.3M
Other Assets8.5M7.7M107.8M25.4M29.2M47.6M
Net Receivables128.1M68.0M91.2M119.8M118.1M100.3M
Non Current Liabilities Total80.1M11.8M10.0M517.5M543.1M570.3M
Inventory161.8M130.0M263.2M324.7M258.1M204.3M
Other Current Assets46.3M33.5M57.9M57.5M121.5M127.6M
Total Liab560.7M241.4M376.7M952.6M758.9M533.1M
Deferred Long Term Liab252.4K293.2K80.3K73.9K66.5K63.2K
Short Long Term Debt131M136.2M150.2M192.1M220.9M136.3M
Total Current Assets596.2M782.9M723.8M1.4B1.2B823.4M
Intangible Assets107.6M105.2M114.7M111.9M109.2M114.8M
Property Plant Equipment685.5M648.6M984.8M997.2M1.1B723.0M
Net Invested Capital1.0B1.4B1.6B2.3B2.2B1.6B
Net Working Capital115.6M553.3M357.1M1.0B991.3M514.1M

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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.