Citizens Financial Services
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Citizens Financial Services's balance sheet done over the years? Its assets were worth $2,975,321,000 last year, which is more than in the previous period. 91% of Citizens Financial Services’s total assets is currently financed by debt. Its liabilities reached the amount of $2,695,655,000, which means an increase by 26% compared compared to last year.
Debt to Assets
| 2014 | 925048000 | 824.52M | 89.13% |
|---|---|---|---|
| 2015 | 1162984000 | 1.04B | 89.7% |
| 2016 | 1223018000 | 1.09B | 89.92% |
| 2017 | 1361886000 | 1.23B | 90.53% |
| 2018 | 1430712000 | 1.29B | 90.27% |
| 2019 | 1466339000 | 1.31B | 89.44% |
| 2020 | 1891674000 | 1.69B | 89.73% |
| 2021 | 2143863000 | 1.93B | 90.09% |
| 2022 | 2333393000 | 2.13B | 91.42% |
| 2023 | 2975321000 | 2.69B | 90.6% |
CZFS Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 52.81M | 32.26M | 183.85M | 82.46M | 32.77M | 32.29M | 28.8M | 24.70M | 32.08M | 17.38M |
Short term investments | 417.60M | 439.50M | 412.40M | 295.18M | 240.70M | 241.01M | 254.78M | 314.01M | 359.73M | 306.14M |
Net receivables | 11.04M | 7.33M | 5.23M | 5.99M | 4.55M | 4.45M | 4.19M | 4.08M | 4.21M | 3.64M |
Inventory | 0 | -40.14M | -190.27M | -90.29M | -43.78M | -1.14B | -1.06B | -849.17M | -758.24M | -592.64M |
Other current assets | 0 | 40.14M | 190.27M | 90.29M | 43.78M | 870.23M | 0 | 518.21M | 0 | 0 |
Total current assets | 52.81M | 479.10M | 601.49M | 383.65M | 278.03M | 4.45M | 4.19M | 11.84M | 4.21M | 3.64M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 32.5M | 17.61M | 17.01M | 16.94M | 15.93M | 16.27M | 16.52M | 17.03M | 17.26M | 12.35M |
Goodwill | 85.75M | 31.37M | 31.37M | 31.37M | 23.29M | 23.29M | 23.29M | 21.08M | 21.13M | 10.25M |
Intangible assets | 3.65M | 1.27M | 1.62M | 1.66M | 1.34M | 1.62M | 1.95M | 2.09M | 1.73M | 473K |
Long term investments | 419.53M | 441.71M | 414.67M | 297.12M | 241.40M | 241.52M | 254.78M | 314.01M | 359.73M | 306.14M |
Other non-current assets | 2.37B | -12.88M | -464.69M | -9.90M | -5.84M | 1.14B | 1.06B | 868.78M | 762.45M | 596.28M |
Total non-current assets | 2.91B | 491.98M | 464.69M | 347.11M | 281.98M | 1.43B | 1.36B | 1.22B | 1.16B | 925.04M |
Total assets | 2.97B | 2.33B | 2.14B | 1.89B | 1.46B | 1.43B | 1.36B | 1.22B | 1.16B | 925.04M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | -229.50M | -46.55M | -61.26M | -55.28M | -753.47M | -747.85M | -763.56M | 0 | 0 |
Short term debt | 0 | 230.73M | 47.27M | 62.28M | 56.37M | 71.04M | 0 | 64.03M | 0 | 0 |
Total current liabilities | 0 | 1.23M | 711K | 1.01M | 1.08M | 1.07M | 897K | 720K | 734K | 756K |
| Non-current liabilities: | ||||||||||
Long term debt | 322.03M | 257.27M | 73.97M | 88.83M | 85.11M | 91.19M | 114.66M | 79.66M | 41.63M | 41.79M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 2.36B | -256.04M | -73.97M | -88.83M | -85.11M | 1.20B | 1.11B | 1.02B | 1.00B | -41.79M |
Total non-current liabilities | 2.69B | 1.23M | 73.97M | 88.83M | 85.11M | 1.29B | 1.23B | 1.09B | 1.04B | 824.52M |
Total liabilities | 2.69B | 2.13B | 1.93B | 1.69B | 1.31B | 1.29B | 1.23B | 1.09B | 1.04B | 824.52M |
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