First Reliance 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 Reliance Bancshares's balance sheet done over the years? Its assets were worth $975,769,381 last year, which is more than in the previous period. 93% of First Reliance Bancshares’s total assets is currently financed by debt. Its liabilities reached the amount of $904,373,457, which means an increase by 3% compared compared to last year.
Debt to Assets
| 2014 | 367756321 | 331.38M | 90.11% |
|---|---|---|---|
| 2015 | 375310498 | 335.07M | 89.28% |
| 2016 | 408121422 | 381.45M | 93.47% |
| 2017 | 460130491 | 409.97M | 89.1% |
| 2018 | 586997485 | 534.82M | 91.11% |
| 2019 | 664198277 | 607.11M | 91.41% |
| 2020 | 713702205 | 644.97M | 90.37% |
| 2021 | 912180554 | 841.37M | 92.24% |
| 2022 | 938638712 | 875.34M | 93.26% |
| 2023 | 975769381 | 904.37M | 92.68% |
FSRL Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 21.94M | 33.79M | 150.12M | 98.68M | 33.18M | 29.16M | 20.42M | 27.19M | 20.16M | 22.94M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17.86M | 0 | 13.04B |
Net receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 961.44K | 979.34K | 1.03M |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -31.03M | 0 | 0 |
Other current assets | 0 | 36.82M | 152.21M | 100.65M | 42.41M | 36.47M | 27.53M | 31.03M | 0 | 0 |
Total current assets | 21.94M | 36.82M | 152.21M | 100.65M | 42.41M | 36.47M | 27.53M | 46.02M | 21.14M | 23.98M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 27.64M | 28.78M | 29.43M | 23.85M | 26.08M | 20.31M | 18.46M | 18.87M | 22.85M | 23.39M |
Goodwill | 690.91K | 690.91K | 690.91K | 690.91K | 690.91K | 690.91K | 0 | 0 | 0 | 0 |
Intangible assets | 74.31K | 10.58M | 14.30M | 12.38M | 11.53M | 1.37M | 6.35M | 4.21M | 1.01M | 0 |
Long term investments | 25.97M | 39.92M | 170.60M | 97.50M | 58.68M | 44.69M | 30.71M | 39.03M | 37.53M | 45.93M |
Other non-current assets | 886.59M | 811.67M | 539.40M | 471.62M | 515.61M | 473.51M | 371.09M | -10.31M | -61.41M | -69.32M |
Total non-current assets | 950.37M | 901.81M | 759.96M | 613.04M | 621.78M | 550.52M | 432.59M | 62.12M | 61.41M | 69.32M |
Total assets | 975.76M | 938.63M | 912.18M | 713.70M | 664.19M | 586.99M | 460.13M | 408.12M | 375.31M | 367.75M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 0 | 8.16M | 12.20M | 6.34M | 65.25M | 33.55M | 35.92M | 6.89M | 0 | 0 |
Total current liabilities | 506.34M | 335.94M | 353.01M | 173.87M | 348.13M | 288.66M | 168.23M | 7.19M | 54.00K | 806.07K |
| Non-current liabilities: | ||||||||||
Long term debt | 30.52M | 55.69M | 35.65M | 30.79M | 25.27M | 18.54M | 15.22M | 30.09M | 20.31M | 35.31M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 365.88M | 6.37M | 5.34M | 5.68M | 4.02M | 4.55M | 391.48M | -1.85M | -20.31M | 295.27M |
Total non-current liabilities | 398.02M | 539.39M | 488.36M | 471.09M | 258.97M | 246.16M | 241.74M | 30.09M | 20.31M | 35.31M |
Total liabilities | 904.37M | 875.34M | 841.37M | 644.97M | 607.11M | 534.82M | 409.97M | 381.45M | 335.07M | 331.38M |
| Data source |