Sterling Bancorp, Inc. (Southfield, MI)
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Sterling Bancorp, Inc. (Southfield, MI)'s balance sheet done over the years? Its assets were worth $2,416,003,000 last year, which is less than in the previous period. 86% of Sterling Bancorp, Inc. (Southfield, MI)’s total assets is currently financed by debt. Its liabilities reached the amount of $2,088,280,000, which means an decrease by -2% compared compared to last year.
Debt to Assets
| 2015 | 1712008000 | 1.57B | 92.04% |
|---|---|---|---|
| 2016 | 2163601000 | 2.00B | 92.5% |
| 2017 | 2961958000 | 2.68B | 90.77% |
| 2018 | 3196774000 | 2.86B | 89.52% |
| 2019 | 3239764000 | 314.04M | 9.69% |
| 2020 | 3914045000 | 403.83M | 10.32% |
| 2021 | 2873572000 | 234.74M | 8.17% |
| 2022 | 2444735000 | 2.13B | 87.21% |
| 2023 | 2416003000 | 2.08B | 86.44% |
SBT Balance Sheet (2015 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||
Current assets: | |||||||||
Cash and cash equivalents | 577.96M | 380.73M | 412.85M | 1.00B | 78.84M | 54.72M | 40.14M | 22.12M | 15.60M |
Short term investments | 419.21M | 348.2M | 313.87M | 304.95M | 152.54M | 148.89M | 126.84M | 75.60M | 46.67M |
Net receivables | 8.50M | 7.82M | 7.69M | 10.99M | 13.71M | 13.52M | 11.49M | 0 | 0 |
Inventory | 0 | -388.56M | -420.55M | -1.01B | -92.56M | 0 | -51.64M | 0 | 0 |
Other current assets | 0 | 388.56M | 420.55M | 1.01B | 92.56M | 2.96B | 0 | 22.12M | 0 |
Total current assets | 1.00B | 736.76M | 420.55M | 1.32B | 92.56M | 3.02B | 178.48M | 97.73M | 62.28M |
Non-current assets: | |||||||||
Property, Plant and Equipment | 16.88M | 21.10M | 25.60M | 27.74M | 27.91M | 9.48M | 7.04M | 5.85M | 4.89M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 1.54M | 1.79M | 2.72M | 5.68M | 9.76M | 10.63M | 6.49M | 4.41M | 1.27M |
Long term investments | 423.91M | 348.2M | 313.87M | 304.95M | 152.54M | 148.89M | 126.84M | 75.60M | 46.67M |
Other non-current assets | 1.38B | -8.09M | -21.42M | -24.32M | -12.09M | -6.12M | -140.38M | -16.04M | -51.57M |
Total non-current assets | 1.82B | 386.70M | 342.20M | 338.39M | 190.22M | 169.01M | 6.84M | 81.46M | 51.57M |
Total assets | 2.41B | 2.44B | 2.87B | 3.91B | 3.23B | 3.19B | 2.96B | 2.16B | 1.71B |
Liabilities | |||||||||
| Current liabilities: | |||||||||
Accounts payable | |||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 0 | 15.99M | 4.11M | 15.18M | 15.16M | 217M | 0 | 165M | 0 |
Total current liabilities | 0 | 15.99M | 714.47M | 1.33B | 948.06M | 767.71M | 648.68M | 585.63M | 19.53M |
| Non-current liabilities: | |||||||||
Long term debt | 58.52M | 131.26M | 234.74M | 403.83M | 314.04M | 358.02M | 402.88M | 357.53M | 326.43M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 2.02B | 1.98B | -234.74M | -403.83M | -314.04M | 51.00M | 0 | -2.11M | -326.43M |
Total non-current liabilities | 2.08B | 2.11B | 234.74M | 403.83M | 314.04M | 358.02M | 402.88M | 357.53M | 326.43M |
Total liabilities | 2.08B | 2.13B | 234.74M | 403.83M | 314.04M | 2.86B | 2.68B | 2.00B | 1.57B |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source |