The First Bancorp
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 Bancorp's balance sheet done over the years? Its assets were worth $2,946,698,000 last year, which is more than in the previous period. 92% of The First Bancorp’s total assets is currently financed by debt. Its liabilities reached the amount of $2,703,619,000, which means an increase by 8% compared compared to last year.
Debt to Assets
| 2014 | 1482131000 | 1.32B | 89.1% |
|---|---|---|---|
| 2015 | 1564810000 | 1.39B | 89.3% |
| 2016 | 1712875000 | 1.54B | 89.93% |
| 2017 | 1842788000 | 1.66B | 90.16% |
| 2018 | 1945590000 | 1.75B | 90.16% |
| 2019 | 2068796000 | 1.85B | 89.73% |
| 2020 | 2361236000 | 2.13B | 90.53% |
| 2021 | 2527099000 | 136.34M | 5.4% |
| 2022 | 2739178000 | 2.51B | 91.64% |
| 2023 | 2946698000 | 2.70B | 91.75% |
FNLC Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 35.43M | 26.42M | 87.31M | 82.36M | 25.74M | 31.21M | 20.06M | 17.65M | 18.31M | 16.61M |
Short term investments | 282.05M | 284.50M | 320.56M | 313.37M | 360.52M | 317.41M | 300.17M | 300.41M | 223.03M | 185.26M |
Net receivables | 11.89M | 9.82M | 7.54M | 9.29M | 7.16M | 6.66M | 5.86M | 5.53M | 4.91M | 4.74M |
Inventory | 0 | -36.25M | -94.85M | -92.56M | -33.18M | 0 | 0 | 0 | 0 | 0 |
Other current assets | 0 | 36.25M | 94.85M | 92.56M | 33.18M | 964.34M | 907.77M | 810.01M | 803.86M | 761.90M |
Total current assets | 322.98M | 320.75M | 415.42M | 405.03M | 393.43M | 1.31B | 1.23B | 1.13B | 1.05B | 968.52M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 28.68M | 28.27M | 28.94M | 27.25M | 21.30M | 22.05M | 22.50M | 22.20M | 21.81M | 22.61M |
Goodwill | 30.64M | 30.64M | 30.64M | 30.64M | 29.80M | 29.80M | 29.80M | 29.80M | 29.80M | 29.80M |
Intangible assets | 0 | 2.49M | 2.67M | 1.95M | 1.54M | 1.35M | 1.26M | 1.11M | 1.09M | 1.08M |
Long term investments | 667.28M | 678.40M | 690.60M | 678.98M | 642.12M | 573.07M | 556.73M | 527.24M | 463.06M | 461.18M |
Other non-current assets | 2.17B | -17.75M | -5.62M | -6.73M | -3.69M | -4.95M | -4.35M | -6.25M | 1.49B | 1.41B |
Total non-current assets | 2.89B | 737.32M | 750.20M | 736.88M | 693.23M | 624.94M | 609.04M | 579.25M | 514.68M | 513.60M |
Total assets | 2.94B | 2.73B | 2.52B | 2.36B | 2.06B | 1.94B | 1.84B | 1.71B | 1.56B | 1.48B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 20.07M | 103.49M | 81.25M | 206.94M | 174.85M | 145.20M | 113.63M | 158.77M | 222.32M | 189.77M |
Total current liabilities | 0 | 1.78B | 1.27B | 206.94M | 174.85M | 145.20M | 113.63M | 158.77M | 222.32M | 189.77M |
| Non-current liabilities: | ||||||||||
Long term debt | 0 | 103.48M | 136.34M | 262.03M | 184.95M | 210.31M | 115.12M | 278.90M | 115.13M | 90.14M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 2.70B | -103.48M | -136.34M | -262.03M | -184.95M | -145.20M | 1.54B | -163.49M | 1.28B | 1.23B |
Total non-current liabilities | 2.70B | 2.51B | 136.34M | 262.03M | 184.95M | 65.11M | 115.12M | 120.12M | 115.13M | 90.14M |
Total liabilities | 2.70B | 2.51B | 136.34M | 2.13B | 1.85B | 1.75B | 1.66B | 1.54B | 1.39B | 1.32B |
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