The Southern Banc Company
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has The Southern Banc Company's balance sheet done over the years? Its assets were worth $113,054,463 last year, which is less than in the previous period. 87% of The Southern Banc Company’s total assets is currently financed by debt. Its liabilities reached the amount of $98,588,333, which means an increase by 4829% compared compared to last year.
Debt to Assets
| 2015 | 97165011 | 3M | 3.09% |
|---|---|---|---|
| 2016 | 97886834 | 84.68M | 86.52% |
| 2018 | 95846180 | 84.93M | 88.62% |
| 2019 | 97704670 | 85.94M | 87.96% |
| 2020 | 103302095 | 90.95M | 88.05% |
| 2021 | 112424519 | 99.97M | 88.92% |
| 2022 | 115281863 | 2M | 1.73% |
| 2024 | 113054463 | 98.58M | 87.2% |
SRNN Balance Sheet (2014 – 2023)
| 2023 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|
Assets | ||||||||
Current assets: | ||||||||
Cash and cash equivalents | 12.49M | 9.89M | 9.00M | 25.76M | 17.69M | 4.20M | 1.46M | 8.39M |
Short term investments | 134.71K | 45.34M | 2.41M | 142 | -912 | 0 | 0 | 0 |
Net receivables | 0 | 2.37M | 275.72K | 224K | 201K | 0 | 0 | 0 |
Inventory | 0 | -10.33M | -11.69M | -25.99M | -17.89M | 0 | 0 | 0 |
Other current assets | 0 | 10.33M | 11.69M | 25.98M | 17.88M | 4.41M | 1.70M | 0 |
Total current assets | 12.63M | 57.62M | 11.69M | 25.98M | 17.88M | 4.41M | 1.70M | 8.39M |
Non-current assets: | ||||||||
Property, Plant and Equipment | 1.13M | 777.86K | 727.24K | 735.81K | 782.66K | 714.72K | 810.62K | 846.51K |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 37.91M | 45.34M | 8.45M | 20.79M | 14.97M | 1.94M | 514.44K | 0 |
Other non-current assets | 60.44M | -46.12M | 91.55M | 55.77M | 64.05M | 88.77M | 94.85M | 87.92M |
Total non-current assets | 99.48M | 46.12M | 100.73M | 77.31M | 79.81M | 91.43M | 96.17M | 88.76M |
Total assets | 113.05M | 115.28M | 112.42M | 103.30M | 97.70M | 95.84M | 97.88M | 97.16M |
Liabilities | ||||||||
| Current liabilities: | ||||||||
Accounts payable | ||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 0 | 2M | 430K | 0 | 0 | 4M | 0 | 0 |
Total current liabilities | 0 | 50.61M | 44.96M | 35.57M | 28.95M | 32.51M | 10.73M | 0 |
| Non-current liabilities: | ||||||||
Long term debt | 0 | 2M | 5.43M | 0 | 2M | 2M | 0 | 3M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 98.63M | -2M | 49.57M | 55.38M | 54.98M | 82.93M | 84.68M | 79.93M |
Total non-current liabilities | 98.63M | 2M | 55.00M | 55.38M | 56.98M | 52.41M | 73.95M | 3M |
Total liabilities | 98.58M | 2M | 99.97M | 90.95M | 85.94M | 84.93M | 84.68M | 3M |