Farmers and Merchants 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 Farmers and Merchants Bancshares's balance sheet done over the years? Its assets were worth $799,940,826 last year, which is more than in the previous period. 93% of Farmers and Merchants Bancshares’s total assets is currently financed by debt. Its liabilities reached the amount of $747,762,535, which means an increase by 11% compared compared to last year.
Debt to Assets
| 2014 | 322787387 | 290.08M | 89.87% |
|---|---|---|---|
| 2015 | 345309996 | 309.08M | 89.51% |
| 2017 | 403358318 | 360.65M | 89.41% |
| 2018 | 412586954000 | 0 | 0% |
| 2019 | 442701631 | 392.27M | 88.61% |
| 2020 | 678356338 | 624.54M | 92.07% |
| 2021 | 717395052 | 660.77M | 92.11% |
| 2022 | 718775581 | 671.00M | 93.35% |
| 2023 | 799940826 | 747.76M | 93.48% |
FMFG Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||
Current assets: | |||||||||
Cash and cash equivalents | 44.69M | 6.51M | 25.60M | 40.97M | 9.12M | 0 | 7.23M | 20.19M | 12.58M |
Short term investments | 0 | 126.31M | 149.23M | 54.47B | 36.53M | 0 | 0 | 0 | 0 |
Net receivables | 2.18M | 1.81M | 1.60M | 2.05B | 1.01M | 0 | 0 | 0 | 0 |
Inventory | 0 | -7.26M | -26.46M | -2.09B | -10.14M | 0 | 0 | 0 | 0 |
Other current assets | 0 | 10.42M | 29.66M | 45.29M | 10.24M | 0 | 8.62M | 0 | 0 |
Total current assets | 46.87M | 10.42M | 29.66M | 45.29M | 10.24M | 0 | 8.62M | 20.19M | 12.58M |
Non-current assets: | |||||||||
Property, Plant and Equipment | 7.37M | 7.13M | 7.35M | 9.13M | 6.47M | 0 | 5.33M | 5.64M | 5.53M |
Goodwill | 6.97M | 6.97M | 6.97M | 7.05M | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 122.59K | 7.13M | 72.87K | 236.32K | 47.80K | 0 | 126.53K | 251.98K | 102.64K |
Long term investments | 0 | 1.86M | 1.15M | 3.42M | 718.2K | 0 | 1.49M | 0 | 0 |
Other non-current assets | 740.77M | 683.36M | 669.28M | 611.02M | 423.69M | 0 | 386.33M | 319.21M | 304.56M |
Total non-current assets | 755.25M | 708.35M | 687.73M | 633.06M | 432.46M | 0 | 394.73M | 325.11M | 310.20M |
Total assets | 799.94M | 718.77M | 717.39M | 678.35M | 442.70M | 412.58B | 403.35M | 345.30M | 322.78M |
Liabilities | |||||||||
| Current liabilities: | |||||||||
Accounts payable | |||||||||
Deferred revenue | 0 | -349.91K | -295.91K | 1.21M | 1.03M | 0 | 0 | 0 | 0 |
Short term debt | 0 | 20.36M | 5.59M | 24.96M | 11.12M | 0 | 35.76M | 0 | 0 |
Total current liabilities | 0 | 492.88M | 351.54M | 320.03M | 189.75M | 0 | 197.63M | 137.96K | 146.26K |
| Non-current liabilities: | |||||||||
Long term debt | 18.21M | 20.09M | 21.97M | 21.97M | 0 | 0 | 3M | 6M | 4M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 729.55M | 5.38M | 4.93M | 4.01M | 203.01M | 0 | 2.08M | 303.08M | 286.08M |
Total non-current liabilities | 747.76M | 178.11M | 309.22M | 304.51M | 202.52M | 0 | 163.01M | 308.94M | 289.93M |
Total liabilities | 747.76M | 671.00M | 660.77M | 624.54M | 392.27M | 0 | 360.65M | 309.08M | 290.08M |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source |