American Funds The New Economy Fund Class R-2E
Balance Sheet

Last updated:

The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has American Funds The New Economy Fund Class R-2E's balance sheet done over the years? Its assets were worth $2,714,595,000 last year, which is more than in the previous period. 35% of American Funds The New Economy Fund Class R-2E’s total assets is currently financed by debt. Its liabilities reached the amount of $951,376,000, which means an increase by 2% compared compared to last year.

Debt to Assets

American Funds The New Economy Fund Class R-2E (NASDAQ:RNNEX): Debt to assets
2014 2566474000 1.83B 71.62%
2015 2417690000 1.58B 65.73%
2016 2185395000 1.34B 61.37%
2017 2099780000 1.20B 57.26%
2018 2197123000 673.30M 30.64%
2019 2089138000 915.27M 43.81%
2020 2307689000 979.57M 42.45%
2021 2564108000 1.02B 39.91%
2022 2533752000 933.78M 36.85%
2023 2714595000 951.37M 35.05%

RNNEX Balance Sheet (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Assets
Current assets:
Cash and cash equivalents
289.47M221.38M319.97M286.07M230.43M241.50M182.91M100.69M105.77M176.60M
Short term investments
162.09M125.97M341.07M309.08M201.78M371.30M308.58M449.53M507.63M636.74M
Net receivables
242.48M217.53M232.90M183.69M216.80M224.96M184.88M197.35M207.18M212.69M
Inventory
0010000100
Other current assets
87.59M90.78M58.75M56.98M67.81M56.17M73.31M48.59M41.93M122.05M
Total current assets
781.65M655.67M952.70M835.83M716.83M893.94M749.69M796.17M862.53M1.14B
Non-current assets:
Property, Plant and Equipment
549.61M611.29M637.51M646.82M680.67M638.84M640.93M596.74M632.43M665.75M
Goodwill
416.09M414.04M166.36M171.65M138.67M140.28M143.54M134.51M109.08M116.42M
Intangible assets
285.49M317.31M14.24M0000000
Long term investments
287.33M168.71M441.28M307.73M265.09M227.25M256.71M216.51M325.85M199.88M
Other non-current assets
394.40M366.70M351.99M345.64M287.86M296.79M308.88M441.44M487.78M436.31M
Total non-current assets
1.93B1.87B1.61B1.47B1.37B1.30B1.35B1.38B1.55B1.41B
Total assets
2.71B2.53B2.56B2.30B2.08B2.19B2.09B2.18B2.41B2.56B
Liabilities
Current liabilities:
Accounts payable
Deferred revenue
0000000000
Short term debt
00000000188.37M223.66M
Total current liabilities
611.55M571.21M559.15M486.74M437.69M673.30M415.65M398.73M563.58M600.50M
Non-current liabilities:
Long term debt
42.90M59.12M63.61M52.69M55.13M0250.20M246.97M242.85M426.45M
Deferred tax
0000000000
Other non-current liabilities
296.91M303.44M400.61M440.13M422.44M0536.55M695.43M782.79M811.15M
Total non-current liabilities
339.81M362.57M464.23M492.83M477.58M0786.76M942.41M1.02B1.23B
Total liabilities
951.37M933.78M1.02B979.57M915.27M673.30M1.20B1.34B1.58B1.83B