McGrath RentCorp
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has McGrath RentCorp's balance sheet done over the years? Its assets were worth $2,217,283,000 last year, which is more than in the previous period. 58% of McGrath RentCorp’s total assets is currently financed by debt. Its liabilities reached the amount of $1,283,481,000, which means an increase by 42% compared compared to last year.
Debt to Assets
| 2014 | 1116407000 | 691.87M | 61.97% |
|---|---|---|---|
| 2015 | 1152709000 | 773.02M | 67.06% |
| 2016 | 1128276000 | 733.98M | 65.05% |
| 2017 | 1147854000 | 623.67M | 54.33% |
| 2018 | 1217316000 | 645.78M | 53.05% |
| 2019 | 1309875000 | 675.83M | 51.6% |
| 2020 | 1275744000 | 593.14M | 46.49% |
| 2021 | 1595926000 | 863.90M | 54.13% |
| 2022 | 1707844000 | 903.89M | 52.93% |
| 2023 | 2217283000 | 1.28B | 57.89% |
MGRC Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 877K | 957K | 1.49M | 1.23M | 2.34M | 1.50M | 2.50M | 852K | 1.10M | 1.16M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 227.36M | 190.02M | 159.49M | 123.31M | 128.09M | 121.01M | 105.87M | 96.87M | 95.01M | 101.29M |
Inventory | 0 | -59.82M | 1 | 1 | 2 | -31.81M | -22.45M | -25.58M | -28.71M | 1 |
Other current assets | 0 | 59.82M | 43.94M | 33.24M | 35.45M | 31.81M | 22.45M | 25.58M | 28.80M | 41.42M |
Total current assets | 228.24M | 190.98M | 160.99M | 124.55M | 130.44M | 122.52M | 108.37M | 97.72M | 107.36M | 143.88M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 1.49B | 1.27B | 1.20B | 1.07B | 1.09B | 1.02B | 981.49M | 968.56M | 979.35M | 934.37M |
Goodwill | 323.22M | 132.30M | 132.39M | 28.19M | 28.19M | 27.80M | 27.80M | 27.80M | 27.80M | 27.80M |
Intangible assets | 64.58M | 41.13M | 47.04M | 7.11M | 7.33M | 7.25M | 7.72M | 8.59M | 9.46M | 10.33M |
Long term investments | 0 | 0 | -242.42M | -216.07M | -218.27M | -206.66M | -194.62M | -292.01M | -283.35M | -310.32M |
Other non-current assets | 102.78M | -175.48M | 54.94M | 41.54M | 45.35M | 31.81M | 22.45M | 25.58M | 28.71M | 41.42M |
Total non-current assets | 1.98B | 1.51B | 1.43B | 1.15B | 1.17B | 1.09B | 1.03B | 1.03B | 1.04B | 972.52M |
Total assets | 2.21B | 1.70B | 1.59B | 1.27B | 1.30B | 1.21B | 1.14B | 1.12B | 1.15B | 1.11B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 111.42M | 82.41M | 58.71M | 45.97M | 54.96M | 49.70M | 39.21M | 37.49M | 36.28M | 29.13M |
Short term debt | 0 | 11.59M | 10.99M | 8.28M | 9.94M | -90.84M | 0 | -78.20M | 0 | 0 |
Total current liabilities | 111.42M | 243.24M | 195.02M | 154.30M | 164.13M | 140.55M | 125.62M | 115.70M | 108.23M | 100.49M |
| Non-current liabilities: | ||||||||||
Long term debt | 762.97M | 413.74M | 426.45M | 222.75M | 293.43M | 298.56M | 303.41M | 326.26M | 381.28M | 322.47M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 409.07M | 407.74M | 378.73M | -45.97M | -54.96M | -49.70M | 241.81M | -37.49M | 319.16M | 42.21M |
Total non-current liabilities | 1.17B | 660.65M | 668.87M | 438.83M | 511.70M | 505.22M | 498.04M | 618.28M | 664.79M | 591.38M |
Total liabilities | 1.28B | 903.89M | 863.90M | 593.14M | 675.83M | 645.78M | 623.67M | 733.98M | 773.02M | 691.87M |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |