Chemung Financial
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Chemung Financial's balance sheet done over the years? Its assets were worth $2,710,529,000 last year, which is more than in the previous period. 93% of Chemung Financial’s total assets is currently financed by debt. Its liabilities reached the amount of $2,515,288,000, which means an increase by 1% compared compared to last year.
Debt to Assets
| 2014 | 1517011000 | 1.38B | 91.16% |
|---|---|---|---|
| 2015 | 1619926000 | 1.48B | 91.53% |
| 2016 | 1657179000 | 1.51B | 91.33% |
| 2017 | 1710556000 | 1.55B | 91.07% |
| 2018 | 1755343000 | 1.59B | 90.6% |
| 2019 | 1787827000 | 1.60B | 89.78% |
| 2020 | 2279451000 | 2.07B | 91.24% |
| 2021 | 2418788000 | 2.20B | 91.26% |
| 2022 | 2645553000 | 2.47B | 93.71% |
| 2023 | 2710529000 | 2.51B | 92.8% |
CHMG Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 36.84M | 55.86M | 26.98M | 108.53M | 121.90M | 129.97M | 30.72M | 74.16M | 26.18M | 29.16M |
Short term investments | 583.99M | 632.58M | 792.02M | 554.61M | 284.09M | 242.25M | 293.62M | 303.40M | 344.82M | 280.50M |
Net receivables | 0 | 89.46M | 43.83M | 43.08M | 33.53M | 31.57M | 27.14M | 29.95M | 25.45M | 32.45M |
Inventory | 0 | -64.74M | -33.10M | -115.04M | -127.05M | -135.02M | -1.97M | -2.91M | -2.80M | 0 |
Other current assets | 0 | 64.74M | 33.10M | 115.04M | 127.05M | 135.02M | 1.00B | 890M | 818.26M | 836.34M |
Total current assets | 630.16M | 777.92M | 862.84M | 706.23M | 439.52M | 403.80M | 1.35B | 1.29B | 1.21B | 1.17B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 20.21M | 22.56M | 25.51M | 27.26M | 30.41M | 24.98M | 26.65M | 28.92M | 29.39M | 32.28M |
Goodwill | 21.82M | 21.82M | 21.82M | 21.82M | 21.82M | 21.82M | 21.82M | 21.82M | 21.82M | 21.82M |
Intangible assets | 0 | 0 | 15K | 258K | 742K | 1.35M | 2.08M | 2.94M | 3.93M | 5.06M |
Long term investments | 587.82M | 637.84M | 798.78M | 559.62M | 289.37M | 249.04M | 298.39M | 308.88M | 350.08M | 286.88M |
Other non-current assets | -608.04M | -682.22M | -846.13M | -608.96M | -342.36M | -297.19M | 22.98M | 0 | 1.54B | 1.43B |
Total non-current assets | 21.82M | 682.22M | 846.13M | 608.96M | 342.36M | 297.19M | 348.96M | 362.57M | 405.23M | 346.06M |
Total assets | 2.71B | 2.64B | 2.41B | 2.27B | 1.78B | 1.75B | 1.71B | 1.65B | 1.61B | 1.51B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | -18.14M | 0 | 0 | 29.57M | 19.58M | 16.40M | 0 | -9.37M | 0 | 0 |
Short term debt | 33.23M | 95.81M | 14.57M | 1.29M | 1.30M | 367K | 57.7M | 25.04M | 13.9M | 30.83M |
Total current liabilities | 0 | 141.99M | 40.61M | 30.86M | 20.89M | 16.77M | 72.61M | 15.66M | 30.68M | 57.75M |
| Non-current liabilities: | ||||||||||
Long term debt | 8.87M | 105.75M | 25.86M | 11.11M | 12.16M | 4.30M | 64.21M | 13.81M | 22.07M | 22.28M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 2.50B | 36.23M | -25.86M | -11.11M | -12.16M | 12.46M | 1.49B | 0 | 1.46B | 1.36B |
Total non-current liabilities | 2.51B | 141.99M | 25.86M | 11.11M | 12.16M | 16.77M | 6.51M | 13.81M | 22.07M | 22.28M |
Total liabilities | 2.51B | 2.47B | 2.20B | 2.07B | 1.60B | 1.59B | 1.55B | 1.51B | 1.48B | 1.38B |
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