HEG Historical Balance Sheet
HEG Stock | 568.30 21.35 3.90% |
Trend analysis of HEG Limited balance sheet accounts such as Other Current Liabilities of 1.1 B or Total Current Liabilities of 8.1 B provides information on HEG's total assets, liabilities, and equity, which is the actual value of HEG Limited to its prevalent stockholders. By breaking down trends over time using HEG 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 HEG Limited 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 HEG Limited is a good buy for the upcoming year.
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About HEG Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of HEG Limited at a specified time, usually calculated after every quarter, six months, or one year. HEG Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of HEG 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 HEG currently owns. An asset can also be divided into two categories, current and non-current.
HEG Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of HEG 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 HEG Limited 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 HEG balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of HEG Limited 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.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 HEG 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 HEG Limited 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.Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Most accounts from HEG's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into HEG Limited 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HEG Limited. 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 present, HEG's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 5.9 B, whereas Short and Long Term Debt Total is forecasted to decline to about 6.2 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 6.6B | 7.4B | 6.2B | 6.2B | Total Assets | 53.1B | 56.9B | 57.0B | 32.8B |
HEG balance sheet Correlations
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HEG balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 44.4B | 42.4B | 53.1B | 56.9B | 57.0B | 32.8B | |
Short Long Term Debt Total | 5.9B | 3.0B | 6.6B | 7.4B | 6.2B | 6.2B | |
Other Current Liab | (45.3M) | (59.9M) | 1.6B | 3.0B | 1.0B | 1.1B | |
Total Current Liabilities | 8.2B | 6.4B | 12.9B | 13.2B | 11.7B | 8.1B | |
Total Stockholder Equity | 35.1B | 35.0B | 39.1B | 42.8B | 44.3B | 46.5B | |
Property Plant And Equipment Net | 8.4B | 10.6B | 14.5B | 18.3B | 20.2B | 10.8B | |
Net Debt | 5.6B | 2.8B | 6.2B | 7.1B | 4.9B | 5.9B | |
Retained Earnings | 33.5B | 33.3B | 37.5B | 41.1B | 42.6B | 44.8B | |
Accounts Payable | 1.3B | 2.6B | 4.5B | 2.6B | 4.3B | 4.5B | |
Cash | 328.0M | 213.7M | 410.4M | 333M | 1.4B | 1.4B | |
Non Current Assets Total | 23.8B | 21.7B | 23.0B | 28.4B | 30.7B | 15.5B | |
Non Currrent Assets Other | 50.0M | 47.1M | 47.1M | 860M | 1.7B | 1.8B | |
Cash And Short Term Investments | 3.2B | 10.5B | 12.5B | 8.4B | 7.1B | 7.5B | |
Net Receivables | 4.0B | 3.2B | 5.9B | 5.3B | 5.1B | 5.8B | |
Short Term Investments | 2.9B | 10.3B | 12.1B | 8.0B | 5.7B | 3.3B | |
Liabilities And Stockholders Equity | 44.4B | 42.4B | 53.1B | 56.9B | 57.0B | 32.8B | |
Non Current Liabilities Total | 1.1B | 1.1B | 1.1B | 949.3M | 1.1B | 1.0B | |
Inventory | 10.1B | 5.8B | 9.8B | 14.4B | 11.9B | 6.8B | |
Other Current Assets | 415.6M | 1.5B | 1.9B | 1.6B | 2.2B | 3.8B | |
Other Stockholder Equity | (47.0B) | (44.8B) | 1.0 | (381K) | 2K | 2.1K | |
Total Liab | 9.3B | 7.5B | 13.9B | 14.1B | 12.8B | 12.8B | |
Total Current Assets | 20.6B | 20.7B | 30.1B | 28.5B | 26.3B | 16.8B | |
Accumulated Other Comprehensive Income | (9.0B) | (9.7B) | 1.3B | 1.3B | 1.2B | 1.3B | |
Short Term Debt | 5.9B | 3.0B | 6.6B | 7.4B | 6.2B | 6.4B | |
Intangible Assets | 3.0M | 2.0M | 998K | 3.4M | 12.3M | 9.1M | |
Current Deferred Revenue | 886.6M | 891.9M | 1.7B | 1.4B | 65.7M | 62.4M | |
Other Assets | (1K) | 2.9B | 1K | 860M | 42K | 39.9K | |
Other Liab | 1.3B | 1.1B | 1.0B | 1.1B | 1.2B | 1.1B | |
Net Tangible Assets | 37.9B | 35.1B | 34.9B | 39.1B | 45.0B | 25.2B | |
Short Long Term Debt | 5.9B | 3.0B | 6.6B | 7.4B | 6.2B | 5.6B | |
Property Plant Equipment | 8.4B | 10.6B | 14.5B | 18.3B | 21.0B | 11.8B | |
Long Term Debt Total | 11.4M | 8.1M | 7.8M | 13.8M | 12.4M | 11.8M | |
Capital Lease Obligations | 16.4M | 15.4M | 12.8M | 16.6M | 33M | 34.7M | |
Non Current Liabilities Other | 30.1M | 39.2M | 63.4M | 36.9M | 41.7M | 35.2M | |
Net Invested Capital | 41.0B | 37.9B | 45.8B | 50.2B | 50.5B | 45.9B |
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Balance Sheet is a snapshot of the financial position of HEG Limited at a specified time, usually calculated after every quarter, six months, or one year. HEG Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of HEG 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 HEG currently owns. An asset can also be divided into two categories, current and non-current.