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 First Bancshares's balance sheet done over the years? Its assets were worth $541,561,167 last year, which is more than in the previous period. 90% of First Bancshares’s total assets is currently financed by debt. Its liabilities reached the amount of $487,969,612, which means an increase by 15% compared compared to last year.
Debt to Assets
| 2014 | 196354519 | 8.5M | 4.33% |
|---|---|---|---|
| 2015 | 213029513 | 13M | 6.1% |
| 2016 | 219807991 | 200.04M | 91.01% |
| 2017 | 355993223 | 324.92M | 91.27% |
| 2018 | 345034413 | 6.50M | 1.89% |
| 2019 | 352584567 | 3.00M | 0.85% |
| 2020 | 406279115 | 2.99M | 0.74% |
| 2021 | 445034410 | 1.5M | 0.34% |
| 2022 | 471715233 | 425.20M | 90.14% |
| 2023 | 541561167 | 487.96M | 90.1% |
FBSI Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 9.31M | 11.05M | 61.82M | 65.42M | 20.89M | 21.52M | 20.67M | 4.70M | 9.82M | 4.23M |
Short term investments | 0 | 12.55M | 14.20M | 20.92M | 39.67M | 41.53M | 0 | 0 | 0 | 0 |
Net receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other current assets | 79.27M | 22.76M | 61.82M | 65.43M | 21.23M | 21.71M | 40.17M | 12.24M | 0 | 0 |
Total current assets | 88.59M | 23.60M | 76.02M | 86.34M | 60.56M | 63.05M | 40.17M | 12.24M | 9.82M | 4.23M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 8.55M | 9.23M | 9.21M | 9.37M | 8.67M | 7.47M | 7.75M | 6.66M | 6.50M | 5.54M |
Goodwill | 1.43M | 1.43M | 1.43M | 1.43M | 1.43M | 1.43M | 1.55M | 0 | 0 | 0 |
Intangible assets | 226.34K | 369.3K | 512.25K | 655.21K | 798.16K | 941.12K | 1.08M | 0 | 0 | 0 |
Long term investments | 0 | 12.65M | 14.30M | 21.03M | 39.78M | 41.64M | 19.71M | 8.27M | 0 | 0 |
Other non-current assets | 452.31M | -2.62M | -1.59M | -1.31M | -300.68K | -1.06M | 284.09M | 188.85M | 196.70M | 186.56M |
Total non-current assets | 462.52M | 23.68M | 25.45M | 32.49M | 50.68M | 51.49M | 315.81M | 207.55M | 203.20M | 192.11M |
Total assets | 541.56M | 471.71M | 445.03M | 406.27M | 352.58M | 345.03M | 355.99M | 219.80M | 213.02M | 196.35M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 0 | 1.02M | 1.5M | 2.28M | 5.84M | 9.22M | 8.60M | 9.68M | 0 | 0 |
Total current liabilities | 411.15M | 366.30M | 1.5M | 124.66M | 86.60M | 95.87M | 98.43M | 62.50M | 0 | 0 |
| Non-current liabilities: | ||||||||||
Long term debt | 11M | 0 | 1.5M | 2.99M | 3.00M | 6.50M | 6.51M | 7.5M | 13M | 8.5M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 66.75M | 57.82M | 397.20K | -2.99M | -3.00M | -6.50M | 318.41M | 129.71M | 0 | 0 |
Total non-current liabilities | 77.75M | 58.90M | 206.23M | 2.99M | 3.00M | 6.50M | 226.49M | 137.53M | 13M | 8.5M |
Total liabilities | 487.96M | 425.20M | 1.5M | 2.99M | 3.00M | 6.50M | 324.92M | 200.04M | 13M | 8.5M |