Taitron Components Incorporated
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Taitron Components Incorporated's balance sheet done over the years? Its assets were worth $18,006,000 last year, which is more than in the previous period. 6% of Taitron Components Incorporated’s total assets is currently financed by debt. Its liabilities reached the amount of $1,163,000, which means an increase by 16% compared compared to last year.
Debt to Assets
| 2014 | 17926000 | 2.13M | 11.92% |
|---|---|---|---|
| 2015 | 18049000 | 2.84M | 15.75% |
| 2016 | 14036000 | 2.34M | 16.74% |
| 2017 | 13567000 | 1.70M | 12.57% |
| 2018 | 13981000 | 1.28M | 9.18% |
| 2019 | 13599000 | 784K | 5.77% |
| 2020 | 14261000 | 1.01M | 7.15% |
| 2021 | 17122000 | 2.73M | 15.99% |
| 2022 | 17137000 | 1.00M | 5.84% |
| 2023 | 18006000 | 1.16M | 6.46% |
TAIT Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 6.20M | 5.21M | 5.97M | 6.65M | 5.31M | 4.49M | 3.25M | 4.01M | 3.69M | 3.47M |
Short term investments | 3.63M | 2.03M | 1.56M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 92K | 683K | 900K | 639K | 1.02M | 901K | 978K | 233K | 291K | 534K |
Inventory | 2.59M | 3.9M | 5.26M | 3.51M | 3.58M | 4.59M | 4.99M | 5.05M | 9.01M | 8.48M |
Other current assets | 283K | 148K | 173K | 46K | 85K | 67K | 160K | 227K | 320K | 254K |
Total current assets | 12.80M | 11.98M | 13.87M | 10.85M | 10.00M | 10.05M | 9.29M | 9.53M | 13.15M | 12.61M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 2.97M | 2.92M | 3.05M | 3.21M | 3.38M | 3.71M | 3.86M | 4.03M | 4.20M | 4.32M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 186K | 186K | 186K | 186K | 186K | 193K | 403K | 447K | 671K | 968K |
Other non-current assets | 2.04M | 2.23M | 7K | 3K | 19K | 19K | 0 | 24K | 17K | 20K |
Total non-current assets | 5.19M | 5.15M | 3.24M | 3.40M | 3.59M | 3.92M | 4.26M | 4.50M | 4.89M | 5.30M |
Total assets | 18.00M | 17.13M | 17.12M | 14.26M | 13.59M | 13.98M | 13.56M | 14.03M | 18.04M | 17.92M |
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 | 0 | 0 | 0 | 500K | 500K |
Total current liabilities | 1.16M | 1.00M | 2.73M | 856K | 784K | 1.28M | 1.20M | 1.34M | 1.84M | 1.13M |
| Non-current liabilities: | ||||||||||
Long term debt | 0 | 0 | 0 | 163K | 0 | 0 | 500K | 1M | 1M | 1M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | -137K | 74K | 0 | -163K | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 0 | 211K | 0 | 163K | 0 | 0 | 500K | 1M | 1M | 1M |
Total liabilities | 1.16M | 1.00M | 2.73M | 1.01M | 784K | 1.28M | 1.70M | 2.34M | 2.84M | 2.13M |
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