SoFi Historical Balance Sheet

SOFI Stock  USD 15.78  0.66  4.01%   
Trend analysis of SoFi Technologies balance sheet accounts such as Other Assets of 28.2 B, Net Receivables of 51.7 M, Common Stock Shares Outstanding of 764.9 M or Other Current Assets of 49.2 M provides information on SoFi Technologies' total assets, liabilities, and equity, which is the actual value of SoFi Technologies to its prevalent stockholders. By breaking down trends over time using SoFi Technologies 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 SoFi Technologies 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 SoFi Technologies is a good buy for the upcoming year.

SoFi Technologies Inventory

1.29 Billion

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SoFi Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more detail on how to invest in SoFi Stock please use our How to Invest in SoFi Technologies guide.

About SoFi Balance Sheet Analysis

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

SoFi Technologies Balance Sheet Chart

As of now, SoFi Technologies' Other Assets are increasing as compared to previous years. The SoFi Technologies' current Other Current Assets is estimated to increase to about 49.2 M, while Total Current Liabilities is projected to decrease to under 311.7 M.

Total Current Liabilities

Total Current Liabilities is an item on SoFi Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of SoFi Technologies 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.

Accounts Payable

An accounting item on the balance sheet that represents SoFi Technologies 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 SoFi Technologies 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 SoFi Technologies' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into SoFi Technologies 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 SoFi Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more detail on how to invest in SoFi Stock please use our How to Invest in SoFi Technologies guide.As of now, SoFi Technologies' Other Assets are increasing as compared to previous years. The SoFi Technologies' current Other Current Assets is estimated to increase to about 49.2 M, while Total Current Liabilities is projected to decrease to under 311.7 M.
 2022 2024 2025 (projected)
Other Liabilities202.7M233.1M244.8M
Total Current Liabilities117.8M416.5M311.7M

SoFi Technologies balance sheet Correlations

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-0.020.830.61-0.56-0.270.74-0.240.770.150.62-0.020.090.820.80.530.63-0.73-0.60.820.49-0.050.80.810.460.86
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-0.73-0.76-0.760.82-0.4-0.870.63-0.81-0.01-0.810.44-0.63-0.87-0.47-0.6-0.81-0.870.28-0.89-0.890.02-0.22-0.89-0.74-0.87
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SoFi Technologies Account Relationship Matchups

SoFi Technologies balance sheet Accounts

202020212022202320242025 (projected)
Total Current Liabilities486M497.8M117.8M362.2M416.5M311.7M
Other Liab6.0M10.6M10.0M202.7M233.1M244.8M
Net Tangible Assets(384.4M)(1.4B)3.5B3.5B4.0B4.2B
Retained Earnings(699.2M)(1.2B)(1.5B)(1.8B)(1.6B)(1.5B)
Accounts Payable452.9M298.2M144.6M159.9M183.9M225.0M
Other Assets5.4B6.3B14.9B23.3B26.8B28.2B
Net Receivables50.3M85.5M127.1M60.5M54.4M51.7M
Other Current Assets(804.2M)(812.7M)(2.0B)52.0M46.8M49.2M
Other Stockholder Equity579.2M5.6B6.7B7.0B8.1B8.5B
Total Current Assets922.9M689.6M1.8B3.8B3.4B2.1B
Property Plant Equipment143.2M174.6M227.1M149.7M172.1M155.7M
Total Assets8.6B9.2B19.0B30.1B34.6B36.3B
Short Long Term Debt Total5.1B4.5B6.1B5.4B6.2B5.8B
Other Current Liab(486M)(497.8M)19.1M202.3M232.6M244.2M
Total Stockholder Equity3.1B4.7B5.5B5.6B6.4B4.6B
Property Plant And Equipment Net198.3M227.1M277.0M306.5M352.5M257.4M
Current Deferred Revenue33.1M199.6M10.0M5.7M5.1M4.9M
Net Debt4.2B3.7B4.7B2.3B2.0B3.1B
Cash872.6M494.7M1.4B3.1B3.5B3.7B
Non Current Assets Total2.2B2.2B2.3B3.0B3.4B2.4B
Non Currrent Assets Other(2.2B)(9.2B)(19.6B)(3.0B)(2.7B)(2.8B)
Long Term Debt4.4B4.0B5.5B4.8B5.5B5.2B
Cash And Short Term Investments872.6M689.6M1.8B3.8B4.4B4.6B
Good Will899.3M898.5M1.6B1.4B1.6B1.1B
Liabilities And Stockholders Equity8.6B9.2B19.0B30.1B34.6B36.3B
Non Current Liabilities Total4.6B4.2B13.4B24.4B28.1B29.5B
Capital Lease Obligations139.8M138.8M117.8M121.8M109.6M102.9M
Total Liab5.5B4.5B13.5B24.5B28.2B29.6B
Net Invested Capital4.8B8.4B10.7B10.5B12.0B8.6B
Long Term Investments604.5M214.6M396.8M724.9M652.4M431.8M
Property Plant And Equipment Gross236.9M227.1M277.0M481.1M553.3M308.3M
Accumulated Other Comprehensive Income(166K)(1.5M)(8.3M)(1.2M)(1.1M)(1.1M)
Capital Stock3.2B320.5M320.5M320.5M288.4M274.0M
Intangible Assets504.7M452.8M582.2M544.5M626.2M505.5M

Currently Active Assets on Macroaxis

When determining whether SoFi Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SoFi Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sofi Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sofi Technologies Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SoFi Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more detail on how to invest in SoFi Stock please use our How to Invest in SoFi Technologies guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SoFi Technologies. If investors know SoFi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SoFi Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.39
Revenue Per Share
2.472
Quarterly Revenue Growth
0.341
Return On Assets
0.0069
Return On Equity
0.0372
The market value of SoFi Technologies is measured differently than its book value, which is the value of SoFi that is recorded on the company's balance sheet. Investors also form their own opinion of SoFi Technologies' value that differs from its market value or its book value, called intrinsic value, which is SoFi Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SoFi Technologies' market value can be influenced by many factors that don't directly affect SoFi Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SoFi Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if SoFi Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SoFi Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.