Raytech Historical Balance Sheet
| RAY Stock | 1.36 0.13 8.72% |
Trend analysis of Raytech Holding Limited balance sheet accounts such as Property Plant And Equipment Net of 0.0, Retained Earnings of 32.5 M, Accounts Payable of 26.3 M or Cash of 37.7 M provides information on Raytech Holding's total assets, liabilities, and equity, which is the actual value of Raytech Holding to its prevalent stockholders. By breaking down trends over time using Raytech Holding 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 Raytech Holding 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 Raytech Holding is a good buy for the upcoming year.
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About Raytech Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Raytech Holding at a specified time, usually calculated after every quarter, six months, or one year. Raytech Holding Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Raytech Holding 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 Raytech currently owns. An asset can also be divided into two categories, current and non-current.
Raytech Holding Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Raytech Holding 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 Raytech Holding 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 Raytech Holding balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Raytech Holding 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.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 Raytech Holding 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 Raytech Holding 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.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most accounts from Raytech Holding's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Raytech Holding 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Raytech Holding 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 nation. At this time, Raytech Holding's Liabilities And Stockholders Equity is fairly stable compared to the past year. Total Liabilities is likely to rise to about 28.4 M in 2024, despite the fact that Net Debt is likely to grow to (34.1 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Total Stockholder Equity | 1.9M | 2.7M | 31.1M | 32.6M | Total Current Liabilities | 759.4K | 1.5M | 27.0M | 28.4M |
Raytech Holding balance sheet Correlations
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Raytech Holding Account Relationship Matchups
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When running Raytech Holding's price analysis, check to measure Raytech Holding's 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 Raytech Holding is operating at the current time. Most of Raytech Holding's value examination focuses on studying past and present price action to predict the probability of Raytech Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raytech Holding's price. Additionally, you may evaluate how the addition of Raytech Holding to your portfolios can decrease your overall portfolio volatility.