8Common Historical Balance Sheet

8CO Stock   0.04  0  9.09%   
Trend analysis of 8Common balance sheet accounts such as Short Long Term Debt Total of 1.4 M, Other Current Liabilities of 1 M or Total Current Liabilities of 2.1 M provides information on 8Common's total assets, liabilities, and equity, which is the actual value of 8Common to its prevalent stockholders. By breaking down trends over time using 8Common 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 8Common 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 8Common is a good buy for the upcoming year.

8Common Inventory

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 8Common. 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.

About 8Common Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of 8Common at a specified time, usually calculated after every quarter, six months, or one year. 8Common Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 8Common 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 8Common currently owns. An asset can also be divided into two categories, current and non-current.

8Common Balance Sheet Chart

At this time, 8Common's Total Assets are comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 3.5 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 2.1 M in 2024.

Total Assets

Total assets refers to the total amount of 8Common 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 8Common 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.

Accounts Payable

An accounting item on the balance sheet that represents 8Common 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 8Common 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 8Common's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into 8Common 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 8Common. 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, 8Common's Total Assets are comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 3.5 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 2.1 M in 2024.
 2023 2024 (projected)
Short and Long Term Debt Total1.9M1.4M
Total Assets3.1M5.7M

8Common balance sheet Correlations

-0.66-0.23-0.30.870.39-0.19-0.5-0.580.090.77-0.470.240.77-0.390.320.19-0.030.72-0.71-0.660.560.17-0.060.04-0.71
-0.660.380.43-0.47-0.770.730.270.65-0.4-0.680.340.09-0.80.490.160.130.18-0.870.880.81-0.840.16-0.330.00.38
-0.230.380.64-0.4-0.520.370.120.20.15-0.39-0.12-0.36-0.290.850.19-0.40.24-0.290.370.42-0.160.27-0.140.550.34
-0.30.430.64-0.55-0.530.240.590.160.32-0.510.41-0.42-0.510.630.06-0.35-0.03-0.520.290.43-0.360.42-0.020.820.56
0.87-0.47-0.4-0.550.38-0.08-0.58-0.46-0.120.84-0.470.450.69-0.570.290.390.020.69-0.53-0.580.440.11-0.08-0.22-0.9
0.39-0.77-0.52-0.530.38-0.92-0.14-0.40.190.55-0.120.120.72-0.8-0.160.09-0.240.82-0.69-0.670.83-0.460.26-0.07-0.28
-0.190.730.370.24-0.08-0.92-0.130.42-0.41-0.36-0.030.14-0.530.620.260.130.26-0.690.660.6-0.790.36-0.35-0.180.0
-0.50.270.120.59-0.58-0.14-0.130.210.21-0.550.86-0.4-0.470.19-0.28-0.240.25-0.40.310.39-0.130.040.140.530.72
-0.580.650.20.16-0.46-0.40.420.21-0.73-0.760.530.41-0.380.270.20.47-0.21-0.580.880.9-0.42-0.57-0.4-0.080.49
0.09-0.40.150.32-0.120.19-0.410.21-0.730.31-0.18-0.870.120.11-0.48-0.880.110.25-0.61-0.570.260.50.610.460.01
0.77-0.68-0.39-0.510.840.55-0.36-0.55-0.760.31-0.640.080.69-0.57-0.120.0-0.030.83-0.82-0.880.590.230.37-0.13-0.9
-0.470.34-0.120.41-0.47-0.12-0.030.860.53-0.18-0.64-0.03-0.360.0-0.10.15-0.03-0.450.470.57-0.2-0.3-0.080.310.68
0.240.09-0.36-0.420.450.120.14-0.40.41-0.870.08-0.030.15-0.440.530.98-0.330.10.220.2-0.01-0.43-0.52-0.39-0.33
0.77-0.8-0.29-0.510.690.72-0.53-0.47-0.380.120.69-0.360.15-0.540.110.09-0.210.89-0.69-0.650.85-0.350.09-0.03-0.57
-0.390.490.850.63-0.57-0.80.620.190.270.11-0.570.0-0.44-0.540.04-0.460.3-0.610.510.55-0.490.37-0.110.320.48
0.320.160.190.060.29-0.160.26-0.280.2-0.48-0.12-0.10.530.110.040.5-0.13-0.050.20.28-0.08-0.07-0.940.04-0.1
0.190.13-0.4-0.350.390.090.13-0.240.47-0.880.00.150.980.09-0.460.5-0.320.040.270.27-0.03-0.45-0.52-0.33-0.24
-0.030.180.24-0.030.02-0.240.260.25-0.210.11-0.03-0.03-0.33-0.210.3-0.13-0.32-0.140.12-0.01-0.110.430.04-0.10.07
0.72-0.87-0.29-0.520.690.82-0.69-0.4-0.580.250.83-0.450.10.89-0.61-0.050.04-0.14-0.8-0.790.93-0.20.270.03-0.63
-0.710.880.370.29-0.53-0.690.660.310.88-0.61-0.820.470.22-0.690.510.20.270.12-0.80.97-0.68-0.2-0.44-0.080.52
-0.660.810.420.43-0.58-0.670.60.390.9-0.57-0.880.570.2-0.650.550.280.27-0.01-0.790.97-0.62-0.23-0.490.090.63
0.56-0.84-0.16-0.360.440.83-0.79-0.13-0.420.260.59-0.2-0.010.85-0.49-0.08-0.03-0.110.93-0.68-0.62-0.370.270.21-0.33
0.170.160.270.420.11-0.460.360.04-0.570.50.23-0.3-0.43-0.350.37-0.07-0.450.43-0.2-0.2-0.23-0.370.180.25-0.2
-0.06-0.33-0.14-0.02-0.080.26-0.350.14-0.40.610.37-0.08-0.520.09-0.11-0.94-0.520.040.27-0.44-0.490.270.180.12-0.12
0.040.00.550.82-0.22-0.07-0.180.53-0.080.46-0.130.31-0.39-0.030.320.04-0.33-0.10.03-0.080.090.210.250.120.3
-0.710.380.340.56-0.9-0.280.00.720.490.01-0.90.68-0.33-0.570.48-0.1-0.240.07-0.630.520.63-0.33-0.2-0.120.3
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8Common Account Relationship Matchups

8Common balance sheet Accounts

201920202021202220232024 (projected)
Total Assets5.4M7.0M8.7M5.7M3.1M5.7M
Other Current Liab689.6K836.3K1.0M259.8K1.9M1.0M
Total Current Liabilities1.0M1.7M1.7M2.6M2.7M2.1M
Total Stockholder Equity4.3M5.1M6.9M3.0M417.3K396.4K
Other Liab50.6K95.1K93.2K128.7K115.8K108.8K
Net Tangible Assets2.6M2.8M3.1M454.4K522.6K496.5K
Property Plant And Equipment Net12.9K23.8K13.6K99.2K62.2K38.1K
Current Deferred Revenue319.6K461.3K379.6K380.8K436.7K269.5K
Net Debt(1.8M)(3.2M)(3.3M)(1.1M)(131.7K)(138.3K)
Retained Earnings(5.4M)(6.7M)(9.2M)(13.0M)(15.3M)(14.5M)
Accounts Payable37.5K449.9K349.1K1.9M766.5K455.2K
Cash1.8M3.2M3.3M1.1M131.7K125.2K
Non Current Assets Total3.2M3.5M5.1M3.0M2.2M3.5M
Non Currrent Assets Other(1.2M)(1.2M)(1.4M)(2.7M)2.1M2.2M
Cash And Short Term Investments1.8M3.2M3.3M1.8M131.7K125.2K
Net Receivables244.4K139.6K325.4K809.2K694.5K572.9K
Common Stock Shares Outstanding167.0M194.6M219.2M224.1M257.7M144.8M
Liabilities And Stockholders Equity5.4M7.0M8.7M5.7M3.1M5.7M
Non Current Liabilities Total50.6K95.1K93.2K128.7K69.8K66.3K
Other Current Assets95.9K108.4K73.1K134.8K109.5K104.0K
Other Stockholder Equity(1.2M)(1.0)(7.6M)(870.2K)(783.2K)(822.4K)
Total Liab1.1M1.8M1.8M2.7M2.7M1.7M
Property Plant And Equipment Gross10.5K12.9K57.4K166.6K191.6K201.2K
Total Current Assets2.2M3.5M3.7M2.8M935.7K888.9K
Accumulated Other Comprehensive Income(1.2M)(1.3M)(683.1K)(870.2K)(1.2M)(1.2M)
Short Term Debt319.6K461.3K379.6K380.8K342.7K406.5K
Intangible Assets1.8M2.3M3.8M2.6M2.1M2.1M
Common Stock11.0M13.1M16.8M16.9M19.5M12.1M
Property Plant Equipment12.9K23.8K13.6K99.2K114.0K119.7K
Net Invested Capital4.3M5.1M6.9M3.0M417.3K396.4K
Cash And Equivalents1.8M3.2M3.3M1.8M2.1M1.9M
Net Working Capital1.1M1.7M1.9M193.2K(1.7M)(1.6M)
Long Term Investments1.3M985.0K1.3M290.8K43.5K41.3K
Capital Stock11.0M13.1M16.8M16.9M19.5M15.5M

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