First Farmers and Merchants
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 Farmers and Merchants's balance sheet done over the years? Its assets were worth $1,871,603,000 last year, which is less than in the previous period. 93% of First Farmers and Merchants’s total assets is currently financed by debt. Its liabilities reached the amount of $1,747,362,000, which means an decrease by -5% compared compared to last year.
Debt to Assets
| 2014 | 1170995000 | 0 | 0% |
|---|---|---|---|
| 2015 | 1260310000 | 2.24M | 0.18% |
| 2016 | 1337767000 | 1.22B | 91.2% |
| 2017 | 1375819000 | 1.25B | 91.03% |
| 2018 | 1365117000 | 1.23B | 90.48% |
| 2019 | 1403670000 | 1.25B | 89.71% |
| 2020 | 1802145000 | 1.64B | 91.12% |
| 2021 | 1972738000 | 1.81B | 91.96% |
| 2022 | 1942289000 | 1.84B | 95.02% |
| 2023 | 1871603000 | 1.74B | 93.36% |
FFMH Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 25.46M | 28.94M | 94.85M | 134.59M | 34.14M | -36.1M | 55.16M | -22.70M | 62.22M | 30.29M |
Short term investments | 117K | 57K | 8.37M | 3.77M | 0 | 0 | 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 | 0 | 29.00M | 103.23M | 138.37M | 34.14M | 0 | 0 | 0 | 0 | 0 |
Total current assets | 25.46M | 29.00M | 103.23M | 138.37M | 34.14M | 40.51M | 55.16M | 33.08M | 62.22M | 30.29M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 30.20M | 32.33M | 32.86M | 34.70M | 36.09M | 31.60M | 28.78M | 27.59M | 25.51M | 25.77M |
Goodwill | 9.01M | 9.01M | 9.01M | 9.01M | 9.01M | 9.01M | 9.01M | 9.01M | 9.01M | 9.01M |
Intangible assets | 0 | 9.01M | 9.01M | 9.01M | 9.01M | 9.01M | 9.01M | 9.01M | 0 | 0 |
Long term investments | 709.92M | 13.05M | 80.56M | 112.14M | 12.25M | 7.17M | 29.37M | 9.21M | 0 | 0 |
Other non-current assets | 1.09B | 1.82B | 59.26M | 53.26M | 52.68M | 1.26B | 1.25B | 1.24B | 1.16B | 1.10B |
Total non-current assets | 1.83B | 1.91B | 1.86B | 1.66B | 1.36B | 1.32B | 1.32B | 1.30B | 1.19B | 1.14B |
Total assets | 1.87B | 1.94B | 1.97B | 1.80B | 1.40B | 1.36B | 1.37B | 1.33B | 1.26B | 1.17B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | -21.99M | -22.90M | -22.28M | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 0 | 25.60M | 617K | 12.29M | 17.84M | 44.57M | 31.22M | 42.57M | 0 | 0 |
Total current liabilities | 751.53M | 560.07M | 523.34M | 439.37M | 329.11M | 346.92M | 323.72M | 298.54M | 2.24M | 0 |
| Non-current liabilities: | ||||||||||
Long term debt | 104M | 25M | 0 | 0 | 5.5M | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 913.54M | 1.26B | 1.29B | 1.20B | 924.66M | 888.21M | 1.25B | 921.52M | 0 | 0 |
Total non-current liabilities | 1.01B | 1.28B | 1.29B | 1.20B | 930.16M | 888.21M | 928.71M | 921.52M | 0 | 0 |
Total liabilities | 1.74B | 1.84B | 1.81B | 1.64B | 1.25B | 1.23B | 1.25B | 1.22B | 2.24M | 0 |