South Atlantic Bancshares
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has South Atlantic Bancshares's balance sheet done over the years? Its assets were worth $1,622,249,684 last year, which is more than in the previous period. 94% of South Atlantic Bancshares’s total assets is currently financed by debt. Its liabilities reached the amount of $1,519,295,764, which means an increase by 15% compared compared to last year.
Debt to Assets
| 2014 | 363347933 | 331.10M | 91.13% |
|---|---|---|---|
| 2015 | 400217625 | 364.57M | 91.09% |
| 2016 | 444533011 | 407.09M | 91.58% |
| 2017 | 519128919 | 458.48M | 88.32% |
| 2018 | 630215871 | 550.87M | 87.41% |
| 2019 | 718402209 | 629.99M | 87.69% |
| 2020 | 946540599 | 848.71M | 89.67% |
| 2021 | 1231953292 | 1.12B | 91.44% |
| 2022 | 1409592656 | 1.31B | 93.58% |
| 2023 | 1622249684 | 1.51B | 93.65% |
SABK Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 16.39M | 14.02M | 74.34M | 24.82M | 9.66M | 8.42M | 11.84M | 7.17M | 7.78M | 2.55M |
Short term investments | 219.36M | 222.75M | 324.17M | 125.22M | 76.39M | 49.24M | 35.85M | 42.63M | 51.82M | 52.32M |
Net receivables | 0 | 4.89M | 3.64M | 2.84M | 2.10M | 1.80M | 1.51M | 1.29M | 1.30M | 1.37M |
Inventory | 0 | -20.74M | -109.08M | -43.53M | -15.80M | 0 | -21.90M | 0 | 0 | 0 |
Other current assets | 0 | 20.74M | 109.08M | 43.53M | 15.80M | 497.90M | 0 | 0 | 0 | 0 |
Total current assets | 37.00M | 241.68M | 402.16M | 152.89M | 88.16M | 557.37M | 49.22M | 51.11M | 60.91M | 56.24M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 30.33M | 27.04M | 27.34M | 28.21M | 28.67M | 16.10M | 16.37M | 16.08M | 16.46M | 16.77M |
Goodwill | 5.34M | 5.34M | 5.34M | 5.34M | 5.34M | 5.34M | 0 | 0 | 0 | 0 |
Intangible assets | 297.71K | 452.62K | 639.87K | 859.45K | 1.11M | 1.39M | 0 | 0 | 0 | 0 |
Long term investments | 27.52M | 318.19M | 334.70M | 125.87M | 76.96M | 49.99M | 36.89M | 43.63M | 52.78M | 52.60M |
Other non-current assets | 1.50B | -13.78M | -4.47M | -3.78M | -3.04M | 0 | -53.26M | -59.71M | -69.25M | -69.38M |
Total non-current assets | 1.58B | 351.04M | 368.03M | 160.29M | 112.09M | 72.83M | 53.26M | 59.71M | 69.25M | 69.38M |
Total assets | 1.62B | 1.40B | 1.23B | 946.54M | 718.40M | 630.21M | 519.12M | 444.53M | 400.21M | 363.34M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 0 | 0 | 0 | 0 | 0 | 5M | 15M | 0 | 0 | 1.27M |
Total current liabilities | 571.66M | 147.96K | 64.19K | 49.94K | 117.94K | 5.09M | 15.05M | 33.02K | 22.11K | 1.29M |
| Non-current liabilities: | ||||||||||
Long term debt | 213.46M | 93.24M | 37.77M | 7.87M | 8.19M | 5M | 0 | 15M | 15M | 1.27M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 635.50M | -93.09M | -37.77M | -7.87M | -8.19M | 0 | 0 | -15M | -15M | -1.27M |
Total non-current liabilities | 848.96M | 147.96K | 37.77M | 7.87M | 8.19M | 5M | 15M | 15M | 15M | 1.27M |
Total liabilities | 1.51B | 1.31B | 1.12B | 848.71M | 629.99M | 550.87M | 458.48M | 407.09M | 364.57M | 331.10M |