Mechanics Bank
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Mechanics Bank's balance sheet done over the years? Its assets were worth $17,501,795,395 last year, which is less than in the previous period. 87% of Mechanics Bank’s total assets is currently financed by debt. Its liabilities reached the amount of $15,266,190,326, which means an decrease by -5% compared compared to last year.
Debt to Assets
| 2016 | 5593561268 | 4.81B | 86.14% |
|---|---|---|---|
| 2017 | 5637590383 | 4.83B | 85.73% |
| 2018 | 6032150443 | 5.17B | 85.86% |
| 2019 | 17207238203 | 14.90B | 86.65% |
| 2020 | 19142907665 | 16.67B | 87.11% |
| 2021 | 19422860136 | 17.03B | 87.71% |
| 2022 | 18135691935 | 16.00B | 88.25% |
| 2023 | 17501795395 | 15.26B | 87.23% |
MCHB Balance Sheet (2016 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|
Assets | ||||||||
Current assets: | ||||||||
Cash and cash equivalents | 1.45B | 331.62M | 1.00B | 1.17B | 1.04B | 183.04M | 166.36M | 158.47M |
Short term investments | 2.10B | 19.55M | 106.83M | 86.12M | 604.35M | 44.38M | 9.91M | 704.39M |
Net receivables | 324.71M | 369.69M | 272.43M | 301.80M | 225.15M | 51.79M | 44.29M | 77.72M |
Inventory | 0 | -341.55M | -1.01B | -1.19B | -1.06B | 0 | 0 | 0 |
Other current assets | 0 | 341.55M | 1.01B | 1.19B | 1.06B | 4.55B | 4.27B | 3.44B |
Total current assets | 3.89B | 720.87M | 1.38B | 1.55B | 1.87B | 4.83B | 4.49B | 4.38B |
Non-current assets: | ||||||||
Property, Plant and Equipment | 177.07M | 171.60M | 166.28M | 204.18M | 230.17M | 59.24M | 53.34M | 56.34M |
Goodwill | 843.30M | 843.30M | 843.30M | 843.30M | 847.63M | 331.33M | 275.85M | 274.64M |
Intangible assets | 52.21M | 69.66M | 90.77M | 115.77M | 146.00M | 47.55M | 45.67M | 53.98M |
Long term investments | 3.88B | 4.31B | 6.06B | 5.38B | 4.46B | 758.94M | 766.98M | 823.51M |
Other non-current assets | -4.95B | -183.98M | -98.79M | -113.46M | -79.40M | 0 | 0 | 0 |
Total non-current assets | 19.67B | 5.39B | 7.16B | 6.54B | 5.69B | 1.19B | 1.14B | 1.20B |
Total assets | 17.50B | 18.13B | 19.42B | 19.14B | 17.20B | 6.03B | 5.63B | 5.59B |
Liabilities | ||||||||
| Current liabilities: | ||||||||
Accounts payable | ||||||||
Deferred revenue | 0 | -95.30M | 191.38M | 226.68M | 159.72M | 0 | 0 | 0 |
Short term debt | 0 | 272.94M | 14.13M | 21.25M | 41.97M | 0 | 0 | 0 |
Total current liabilities | 135.34M | 177.64M | 205.52M | 247.94M | 201.70M | 74.01M | 72.21M | 91.86M |
| Non-current liabilities: | ||||||||
Long term debt | 832.70M | 331.01M | 62.93M | 77.88M | 89.07M | 389.76M | 554.72M | 264.68M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 7.30B | -331.01M | -62.93M | -77.88M | -89.07M | 0 | -554.72M | 0 |
Total non-current liabilities | 8.13B | 331.01M | 62.93M | 77.88M | 89.07M | 389.76M | 554.72M | 264.68M |
Total liabilities | 15.26B | 16.00B | 17.03B | 16.67B | 14.90B | 5.17B | 4.83B | 4.81B |