Technical Communications
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Technical Communications's balance sheet done over the years? Its assets were worth $2,338,828 last year, which is more than in the previous period. 253% of Technical Communications’s total assets is currently financed by debt. Its liabilities reached the amount of $5,920,591, which means an increase by 52% compared compared to last year.
Debt to Assets
| 2014 | 9809000 | 741K | 7.55% |
|---|---|---|---|
| 2015 | 8016000 | 643K | 8.02% |
| 2016 | 5471000 | 557K | 10.18% |
| 2017 | 3935000 | 435K | 11.05% |
| 2018 | 4102000 | 500K | 12.19% |
| 2019 | 2917000 | 697K | 23.89% |
| 2020 | 3281294 | 1.91M | 58.42% |
| 2021 | 2317000 | 1.97M | 85.11% |
| 2022 | 1951000 | 3.88M | 199.18% |
| 2023 | 2338828 | 5.92M | 253.14% |
TCCO Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 34.24K | 7K | 298K | 1.51M | 1.59M | 1.98M | 1.28M | 2.58M | 2.27M | 3.21M |
Short term investments | 0 | 0 | 0 | 0 | -395 | -434 | 360.25K | 362.17K | 307.67K | 1.72M |
Net receivables | 1.21M | 531K | 281K | 134.41K | 126K | 559K | 730.17K | 112K | 1.79M | 403.13K |
Inventory | 920.77K | 966K | 1.15M | 902.05K | 1.04M | 1.36M | 1.35M | 1.64M | 1.85M | 2.72M |
Other current assets | 75.88K | 187K | 170K | 153.48K | 118K | 143K | 508.87K | 214K | 132.79K | 559.07K |
Total current assets | 2.24M | 1.69M | 1.90M | 2.70M | 2.87M | 4.05M | 3.88M | 4.94M | 6.72M | 8.27M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 90.85K | 260K | 411K | 577.49K | 38K | 49K | 54K | 149K | 257K | 432K |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 373K | 1.03M | 1.10M |
Other non-current assets | -1 | 0 | 0 | -577.49K | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current assets | 90.85K | 260K | 411K | 577.49K | 38K | 49K | 54K | 522K | 1.29M | 1.53M |
Total assets | 2.33M | 1.95M | 2.31M | 3.28M | 2.91M | 4.10M | 3.93M | 5.47M | 8.01M | 9.80M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 4K | 45K | 636.35K | 2.04K | 2.14M | 53.88K | 118.98K | 41.22K | 169.94K |
Short term debt | 1.21M | 3.16M | 1.15M | 152.24K | -2.04K | -2.14M | 0 | -118.98K | 0 | 0 |
Total current liabilities | 2.90M | 3.65M | 1.57M | 1.36M | 697K | 500K | 435K | 557K | 643K | 741K |
| Non-current liabilities: | ||||||||||
Long term debt | 3.02M | 233K | 398K | 556.51K | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 3.02M | 233K | 398K | 556.51K | 0 | 0 | 0 | 0 | 0 | 0 |
Total liabilities | 5.92M | 3.88M | 1.97M | 1.91M | 697K | 500K | 435K | 557K | 643K | 741K |
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