The First Bancshares
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has The First Bancshares's balance sheet done over the years? Its assets were worth $8,031,057,000 last year, which is more than in the previous period. 88% of The First Bancshares’s total assets is currently financed by debt. Its liabilities reached the amount of $7,050,311,000, which means an increase by 21% compared compared to last year.
Debt to Assets
| 2014 | 1093768000 | 997.55M | 91.2% |
|---|---|---|---|
| 2015 | 1145131000 | 1.04B | 90.97% |
| 2016 | 1277367000 | 1.12B | 87.9% |
| 2017 | 1813238000 | 1.59B | 87.73% |
| 2018 | 3003986000 | 2.64B | 87.91% |
| 2019 | 3941863000 | 3.39B | 86.21% |
| 2020 | 5152760000 | 4.50B | 87.49% |
| 2021 | 6077414000 | 5.40B | 88.87% |
| 2022 | 6461717000 | 5.81B | 89.99% |
| 2023 | 8031057000 | 7.05B | 87.79% |
FBMS Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 355.14M | 145.31M | 919.71M | 562.55M | 168.86M | 159.10M | 91.92M | 62.11M | 41.25M | 44.23M |
Short term investments | -1.54B | 1.25B | 1.75B | 1.02B | 765.08M | 492.70M | 356.89M | 243.20M | 239.73M | 254.74M |
Net receivables | 0 | 27.72M | 23.25M | 26.34M | 14.80M | 10.77M | 0 | 4.35M | 3.95M | 3.65M |
Inventory | 0 | -177.87M | -945.53M | -594.7M | -190.96M | 0 | 0 | 0 | 0 | 0 |
Other current assets | 396.76M | 177.87M | 945.53M | 594.7M | 190.96M | 1.66B | 105.78M | 663.91M | 558.14M | 473.87M |
Total current assets | 751.91M | 1.43B | 2.69B | 1.61B | 948.75M | 2.32B | 1.37B | 973.16M | 842.77M | 776.50M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 182.16M | 153.06M | 132.44M | 123.45M | 104.98M | 74.78M | 46.42M | 34.62M | 33.62M | 34.81M |
Goodwill | 272.52M | 180.25M | 156.66M | 156.94M | 158.57M | 89.75M | 19.95M | 13.77M | 13.77M | 12.27M |
Intangible assets | 0 | 34.63M | 29.50M | 30.75M | 30.29M | 23.16M | 4.71M | 1.73M | 2.11M | 2.51M |
Long term investments | 1.73B | 1.98B | 1.77B | 1.04B | 791.77M | 514.92M | 372.86M | 255.79M | 254.95M | 270.17M |
Other non-current assets | 5.44B | -128.43M | -17.57M | -20.51M | -16.11M | -35.76M | -10.61M | -9.07M | -2.11M | -580 |
Total non-current assets | 7.63B | 2.31B | 2.09B | 1.36B | 1.08B | 679.46M | 439.24M | 304.19M | 302.35M | 317.25M |
Total assets | 8.03B | 6.46B | 6.07B | 5.15B | 3.94B | 3.00B | 1.81B | 1.27B | 1.14B | 1.09B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | -211.79M | 1.24M | -93.49M | -55.96M | 0 | 0 |
Short term debt | 8.28M | 9.72M | 6.28M | 8.31M | 214.30M | 275K | 0 | 56.27M | 0 | 0 |
Total current liabilities | 22.70M | 13.05M | 7.99M | 10.44M | 2.50M | 1.51M | 353.14K | 306.08K | 245.73K | 315.84K |
| Non-current liabilities: | ||||||||||
Long term debt | 131.67M | 275.12M | 144.72M | 259.23M | 294.99M | 166.02M | 114.38M | 79.31M | 110.29M | 94.76M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 6.89B | -262.07M | -144.72M | -259.23M | -294.99M | -85.5M | 1.47B | -7.02M | -110.29M | -94.76M |
Total non-current liabilities | 7.02B | 13.05M | 144.72M | 259.23M | 294.99M | 80.52M | 114.38M | 74.31M | 110.29M | 94.76M |
Total liabilities | 7.05B | 5.81B | 5.40B | 4.50B | 3.39B | 2.64B | 1.59B | 1.12B | 1.04B | 997.55M |
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