Sobute Historical Balance Sheet

603916 Stock   8.50  0.04  0.47%   
Trend analysis of Sobute New Materials balance sheet accounts such as Other Current Liab of 11.2 M, Total Current Liabilities of 1.8 B or Total Stockholder Equity of 2.4 B provides information on Sobute New's total assets, liabilities, and equity, which is the actual value of Sobute New Materials to its prevalent stockholders. By breaking down trends over time using Sobute New 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.
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Sobute New Materials 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 Sobute New Materials is a good buy for the upcoming year.

Sobute New Inventory

242.27 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sobute New Materials. 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 Sobute Balance Sheet Analysis

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

Sobute New Balance Sheet Chart

At present, Sobute New's Other Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 520.6 M, whereas Total Assets are forecasted to decline to about 4.6 B.

Total Assets

Total assets refers to the total amount of Sobute New 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 Sobute New Materials 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 Sobute New balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sobute New Materials 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.
Most accounts from Sobute New's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Sobute New Materials 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 Sobute New Materials. 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, Sobute New's Other Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 520.6 M, whereas Total Assets are forecasted to decline to about 4.6 B.
 2021 2022 2023 2024 (projected)
Other Current Liabilities529.6M321.7M11.7M11.2M
Total Assets7.6B7.7B8.0B4.6B

Sobute New balance sheet Correlations

-0.10.910.990.880.990.770.970.910.690.970.980.780.980.940.930.90.980.60.90.97-0.160.72-0.550.980.85
-0.10.12-0.16-0.34-0.060.06-0.09-0.22-0.41-0.06-0.10.23-0.02-0.37-0.38-0.35-0.11-0.47-0.1-0.10.36-0.380.39-0.01-0.12
0.910.120.870.770.890.850.90.820.490.910.860.820.950.750.790.790.840.370.850.850.020.53-0.340.910.7
0.99-0.160.870.870.980.720.950.890.680.950.970.790.940.950.960.910.980.590.870.95-0.130.7-0.620.960.9
0.88-0.340.770.870.860.60.870.970.880.850.840.580.860.860.830.980.880.850.950.92-0.40.9-0.630.90.74
0.99-0.060.890.980.860.770.960.90.710.960.990.810.970.930.90.890.980.610.90.97-0.120.73-0.540.980.84
0.770.060.850.720.60.770.790.680.460.740.80.730.820.650.660.620.690.310.720.710.190.48-0.260.780.46
0.97-0.090.90.950.870.960.790.850.670.910.940.710.960.890.880.860.940.590.870.94-0.260.7-0.450.950.76
0.91-0.220.820.890.970.90.680.850.850.90.890.690.890.860.830.970.910.780.980.94-0.230.87-0.670.940.78
0.69-0.410.490.680.880.710.460.670.850.670.730.350.690.760.620.830.730.980.840.82-0.51.0-0.530.740.51
0.97-0.060.910.950.850.960.740.910.90.670.940.80.960.90.90.880.940.580.890.94-0.070.7-0.520.950.86
0.98-0.10.860.970.840.990.80.940.890.730.940.780.960.920.890.860.980.620.890.97-0.130.75-0.550.970.81
0.780.230.820.790.580.810.730.710.690.350.80.780.760.620.690.660.750.220.680.70.380.38-0.390.80.75
0.98-0.020.950.940.860.970.820.960.890.690.960.960.760.890.860.860.940.590.910.96-0.170.72-0.410.970.75
0.94-0.370.750.950.860.930.650.890.860.760.90.920.620.890.940.890.920.680.820.91-0.220.77-0.580.880.79
0.93-0.380.790.960.830.90.660.880.830.620.90.890.690.860.940.890.90.540.780.85-0.110.63-0.660.850.89
0.9-0.350.790.910.980.890.620.860.970.830.880.860.660.860.890.890.90.780.940.92-0.280.85-0.70.910.81
0.98-0.110.840.980.880.980.690.940.910.730.940.980.750.940.920.90.90.660.90.98-0.230.76-0.640.970.88
0.6-0.470.370.590.850.610.310.590.780.980.580.620.220.590.680.540.780.660.770.74-0.620.98-0.510.650.45
0.9-0.10.850.870.950.90.720.870.980.840.890.890.680.910.820.780.940.90.770.95-0.260.87-0.60.950.72
0.97-0.10.850.950.920.970.710.940.940.820.940.970.70.960.910.850.920.980.740.95-0.30.84-0.570.980.8
-0.160.360.02-0.13-0.4-0.120.19-0.26-0.23-0.5-0.07-0.130.38-0.17-0.22-0.11-0.28-0.23-0.62-0.26-0.3-0.50.11-0.17-0.05
0.72-0.380.530.70.90.730.480.70.871.00.70.750.380.720.770.630.850.760.980.870.84-0.5-0.540.770.53
-0.550.39-0.34-0.62-0.63-0.54-0.26-0.45-0.67-0.53-0.52-0.55-0.39-0.41-0.58-0.66-0.7-0.64-0.51-0.6-0.570.11-0.54-0.54-0.75
0.98-0.010.910.960.90.980.780.950.940.740.950.970.80.970.880.850.910.970.650.950.98-0.170.77-0.540.81
0.85-0.120.70.90.740.840.460.760.780.510.860.810.750.750.790.890.810.880.450.720.8-0.050.53-0.750.81
Click cells to compare fundamentals

Sobute New Account Relationship Matchups

Sobute New balance sheet Accounts

201920202021202220232024 (projected)
Total Assets5.0B6.4B7.6B7.7B8.0B4.6B
Other Current Liab614.3M571.0M529.6M321.7M11.7M11.2M
Total Current Liabilities2.3B2.5B2.9B2.1B2.2B1.8B
Total Stockholder Equity2.4B3.5B3.9B4.2B4.2B2.4B
Other Liab96.5M126.0M116.3M167.0M192.0M201.6M
Retained Earnings1.0B1.4B1.8B1.9B1.8B1.0B
Accounts Payable390.2M695.7M1.3B839.4M508.3M520.6M
Cash506.5M986.4M841.7M1.0B1.0B516.6M
Other Assets158.4M161.6M240.8M227.0M261.1M274.1M
Long Term Debt26.0M33.2M300M840.8M860.5M903.5M
Net Receivables2.4B2.0B2.8B2.7B2.7B1.9B
Inventory186.7M315.0M462.4M457.7M453.5M242.3M
Other Current Assets101.5M120.5M169.6M131.1M53.7M79.5M
Total Liab2.4B2.6B3.3B3.2B3.2B2.1B
Intangible Assets209.6M248.0M369.3M456.9M472.7M252.1M
Common Stock309.3M310.6M350.3M420.3M483.4M295.1M
Property Plant Equipment1.3B1.5B1.7B1.9B2.1B2.2B
Net Tangible Assets2.1B3.1B3.4B3.6B4.1B2.4B
Other Stockholder Equity376.1K664.7K6.1M103.8M119.4M125.4M
Deferred Long Term Liab60.4M68.9M104.0M94.4M108.6M114.0M
Non Current Assets Total1.8B2.2B2.5B2.8B3.0B2.2B
Non Currrent Assets Other52.3M41.2M69.0M45.0M19.7M38.6M
Non Current Liabilities Total122.5M159.2M451.4M1.0B1.1B1.1B
Short Long Term Debt870.1M785.3M699.6M820.2M630.4M606.9M
Total Current Assets3.2B4.2B5.0B4.9B4.9B3.8B
Net Debt575.6M389.6M157.9M612.6M488.4M472.8M
Net Invested Capital3.3B4.3B4.9B5.9B5.7B4.6B
Net Working Capital977.3M1.8B2.2B2.8B2.8B1.9B

Currently Active Assets on Macroaxis

Other Information on Investing in Sobute Stock

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