First Western Financial
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 Western Financial's balance sheet done over the years? Its assets were worth $2,975,462,000 last year, which is more than in the previous period. 92% of First Western Financial’s total assets is currently financed by debt. Its liabilities reached the amount of $2,732,724,000, which means an increase by 4% compared compared to last year.
Debt to Assets
| 2016 | 915998000 | 820.07M | 89.53% |
|---|---|---|---|
| 2017 | 969659000 | 867.81M | 89.5% |
| 2018 | 1084324000 | 967.44M | 89.22% |
| 2019 | 1251682000 | 1.12B | 89.8% |
| 2020 | 1973655000 | 1.81B | 92.15% |
| 2021 | 2527489000 | 2.30B | 91.33% |
| 2022 | 2866748000 | 2.62B | 91.6% |
| 2023 | 2975462000 | 2.73B | 91.84% |
MYFW Balance Sheet (2016 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|
Assets | ||||||||
Current assets: | ||||||||
Cash and cash equivalents | 254.44M | 196.51M | 385.49M | 155.98M | 78.63M | 73.35M | 9.50M | 62.68M |
Short term investments | 0 | 0 | 56.21M | 36.66M | 58.90M | 44.90M | 53.65M | 97.65M |
Net receivables | 20.99M | 17.29M | 14.36M | 12.90M | 9.29M | 8.72M | 20.12M | 17.99M |
Inventory | 0 | -213.80M | -401.46M | -169.08M | -92.14M | 0 | 0 | 0 |
Other current assets | 0 | 213.80M | 401.46M | 169.08M | 92.14M | 878.63M | 798.35M | 603.97M |
Total current assets | 275.43M | 213.80M | 456.07M | 205.56M | 146.83M | 1.00B | 881.63M | 782.31M |
Non-current assets: | ||||||||
Property, Plant and Equipment | 34.18M | 25.11M | 23.97M | 5.32M | 5.21M | 6.1M | 6.77M | 7.99M |
Goodwill | 30.4M | 30.4M | 30.58M | 24.19M | 19.68M | 24.81M | 24.81M | 24.81M |
Intangible assets | 1.45M | 32.10M | 31.90M | 67K | 28K | 402K | 1.23M | 1.45M |
Long term investments | 265.76M | 88.16M | 58.79M | 39.21M | 59.48M | 47.38M | 55.20M | 99.42M |
Other non-current assets | 2.37B | -6.91M | -6.84M | -6.05M | -5.04M | -4.30M | -8.71M | 0 |
Total non-current assets | 2.70B | 145.38M | 114.67M | 68.79M | 84.42M | 78.70M | 88.02M | 133.68M |
Total assets | 2.97B | 2.86B | 2.52B | 1.97B | 1.25B | 1.08B | 969.65M | 915.99M |
Liabilities | ||||||||
| Current liabilities: | ||||||||
Accounts payable | ||||||||
Deferred revenue | -3.79M | -143.60M | -14.64M | -2.87M | -13.14M | 0 | -18.36M | 0 |
Short term debt | 0 | 144.72M | 15M | 3.32M | 13.44M | 0 | 0 | 0 |
Total current liabilities | 0 | 1.12M | 355K | 453K | 299K | 231K | 197K | 160K |
| Non-current liabilities: | ||||||||
Long term debt | 63.27M | 199.01M | 77.66M | 173.85M | 16.56M | 21.56M | 23.43M | 57.63M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 2.66B | -197.89M | -77.66M | -173.85M | -16.56M | 0 | -23.43M | 0 |
Total non-current liabilities | 2.72B | 1.12M | 77.66M | 173.85M | 16.56M | 21.56M | 41.99M | 57.63M |
Total liabilities | 2.73B | 2.62B | 2.30B | 1.81B | 1.12B | 967.44M | 867.81M | 820.07M |
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