Steelcase Historical Balance Sheet
SCS Stock | USD 13.47 0.07 0.52% |
Trend analysis of Steelcase balance sheet accounts such as Property Plant And Equipment Net of 450.6 M, Net Debt of 182.9 M, Retained Earnings of 733.6 M or Accounts Payable of 213.1 M provides information on Steelcase's total assets, liabilities, and equity, which is the actual value of Steelcase to its prevalent stockholders. By breaking down trends over time using Steelcase 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 Steelcase 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 Steelcase is a good buy for the upcoming year.
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About Steelcase Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Steelcase at a specified time, usually calculated after every quarter, six months, or one year. Steelcase Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Steelcase 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 Steelcase currently owns. An asset can also be divided into two categories, current and non-current.
Steelcase Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Steelcase 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 Steelcase 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 Steelcase balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Steelcase 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.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most accounts from Steelcase's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Steelcase 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Steelcase. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy Steelcase Stock please use our How to Invest in Steelcase guide.At this time, Steelcase's Long Term Investments are comparatively stable compared to the past year.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 169.1M | 219.1M | 258.2M | 253.4M | Total Assets | 2.3B | 2.2B | 2.2B | 1.7B |
Steelcase balance sheet Correlations
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Additional Tools for Steelcase Stock Analysis
When running Steelcase's price analysis, check to measure Steelcase'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 Steelcase is operating at the current time. Most of Steelcase's value examination focuses on studying past and present price action to predict the probability of Steelcase's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steelcase's price. Additionally, you may evaluate how the addition of Steelcase to your portfolios can decrease your overall portfolio volatility.