MetroCity Bankshares
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has MetroCity Bankshares's balance sheet done over the years? Its assets were worth $3,502,823,000 last year, which is more than in the previous period. 89% of MetroCity Bankshares’s total assets is currently financed by debt. Its liabilities reached the amount of $3,121,306,000, which means an increase by 2% compared compared to last year.
Debt to Assets
| 2014 | 582593496 | 509.51M | 87.46% |
|---|---|---|---|
| 2015 | 671380147 | 581.82M | 86.66% |
| 2016 | 1100062960 | 992.80M | 90.25% |
| 2017 | 1288927449 | 1.15B | 89.52% |
| 2018 | 1432650000 | 1.26B | 88.23% |
| 2019 | 1631858000 | 1.41B | 86.72% |
| 2020 | 1896138000 | 1.65B | 87.09% |
| 2021 | 3106158000 | 2.81B | 90.66% |
| 2022 | 3426557000 | 3.07B | 89.72% |
| 2023 | 3502823000 | 3.12B | 89.11% |
MCBS Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 142.15M | 150.96M | 432.52M | 140.74M | 270.49M | 130.26M | 94.37M | 63.79M | 40.31M | 32.81M |
Short term investments | 18.49M | 19.24M | 25.73M | 18.11M | 15.69M | 18.88M | 21.05M | 27.90M | 30.07M | 0 |
Net receivables | 15.12M | 13.17M | 11.05M | 9.32M | 5.10M | 4.95M | 4.75M | 3.76M | 2.12M | 0 |
Inventory | 0 | -196.98M | -456.01M | -165.20M | -296.93M | 0 | 0 | 0 | 0 | 0 |
Other current assets | 0 | 196.98M | 456.01M | 165.20M | 296.93M | 1.23B | 1.12B | 969.38M | 564.43M | 0 |
Total current assets | 159.93M | 183.38M | 469.30M | 168.18M | 291.29M | 1.38B | 1.24B | 1.06B | 636.95M | 32.81M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 26.60M | 22.72M | 22.40M | 24.20M | 26.41M | 14.39M | 12.38M | 7.29M | 4.28M | 1.54M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 1.27M | 3.97M | 7.74M | 12.99M | 18.06M | 14.93M | 6.84M | 9.37K | 65.52K | 5.72M |
Long term investments | 28.82M | 29.54M | 37.11M | 18.11M | 15.69M | 18.88M | 21.05M | 27.90M | 30.07M | 0 |
Other non-current assets | 0 | -56.23M | -67.27M | -55.31M | -60.18M | 0 | 42.00M | 0 | 618.08M | 542.51M |
Total non-current assets | 56.70M | 56.23M | 67.27M | 55.31M | 60.18M | 48.21M | 40.27M | 35.20M | 34.43M | 549.77M |
Total assets | 3.50B | 3.42B | 3.10B | 1.89B | 1.63B | 1.43B | 1.28B | 1.10B | 671.38M | 582.59M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 1.58M | -1.18M | 0 | -1.13M | 0 | 0 | 0 | 0 | 0 |
Short term debt | 1.81M | 1.15M | 1.39M | 30M | 2.02M | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 4.13M | 2.73M | 204K | 30.22M | 890K | 1.25M | 400.56K | 355.74K | 197.72K | 184.33K |
| Non-current liabilities: | ||||||||||
Long term debt | 331.84M | 384.27M | 510.32M | 121.39M | 75.60M | 4.25M | 125.03M | 114.04M | 15.45M | 15.97M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 2.78B | -381.53M | -510.32M | -121.39M | -75.60M | 0 | -125.03M | 0 | -15.45M | 349.32M |
Total non-current liabilities | 3.11B | 2.73M | 510.32M | 121.39M | 75.60M | 4.25M | 125.03M | 114.04M | 15.45M | 509.32M |
Total liabilities | 3.12B | 3.07B | 2.81B | 1.65B | 1.41B | 1.26B | 1.15B | 992.80M | 581.82M | 509.51M |
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