Tectonic Financial
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Tectonic Financial's balance sheet done over the years? Its assets were worth $677,346,000 last year, which is more than in the previous period. 84% of Tectonic Financial’s total assets is currently financed by debt. Its liabilities reached the amount of $570,489,000, which means an increase by 11% compared compared to last year.
Debt to Assets
| 2014 | 163083000 | 2.62M | 1.61% |
|---|---|---|---|
| 2015 | 176929000 | 2.13M | 1.21% |
| 2017 | 273524000 | 248.54M | 90.87% |
| 2019 | 365057000 | 314.58M | 86.17% |
| 2020 | 513426000 | 95.69M | 18.64% |
| 2021 | 585011000 | 46.52M | 7.95% |
| 2022 | 612536000 | 516.03M | 84.25% |
| 2023 | 677346000 | 570.48M | 84.22% |
TECTP Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|
Assets | ||||||||
Current assets: | ||||||||
Cash and cash equivalents | 58.76M | 42.15M | 45.99M | 46.86M | 20.20M | 16.22M | 8.71M | 6.93M |
Short term investments | 22.97M | 20.63M | 17.15M | 17.39M | 12.67M | 0 | 0 | 0 |
Net receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total current assets | 58.76M | 42.15M | 45.99M | 46.86M | 20.20M | 16.22M | 8.71M | 6.93M |
Non-current assets: | ||||||||
Property, Plant and Equipment | 4.75M | 6.22M | 6.12M | 5.81M | 6.4M | 4.90M | 4.49M | 4.55M |
Goodwill | 21.44M | 21.44M | 21.44M | 10.72M | 10.72M | 8.37M | 0 | 0 |
Intangible assets | 359K | 569K | 777K | 979K | 1.18M | 3.65M | 1.51M | 1.15M |
Long term investments | 0 | 27.60M | 27.94M | 17.43M | 0 | 0 | 0 | 0 |
Other non-current assets | 889K | 513.90M | 482.32M | 431.51M | 326.54M | 240.36M | 162.20M | 150.44M |
Total non-current assets | 27.44M | 570.38M | 539.01M | 466.55M | 344.85M | 257.30M | 168.21M | 156.15M |
Total assets | 677.34M | 612.53M | 585.01M | 513.42M | 365.05M | 273.52M | 176.92M | 163.08M |
Liabilities | ||||||||
| Current liabilities: | ||||||||
Accounts payable | ||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 95K | 95K | 0 | 0 | 186K | 1.70M | 2.13M | 2.62M |
| Non-current liabilities: | ||||||||
Long term debt | 33M | 12M | 46.52M | 95.69M | 24M | 29M | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 537.48M | 503.94M | -46.52M | -95.69M | 266.39M | 219.54M | 0 | 0 |
Total non-current liabilities | 570.48M | 515.94M | 46.52M | 95.69M | 314.39M | 246.83M | 0 | 0 |
Total liabilities | 570.48M | 516.03M | 46.52M | 95.69M | 314.58M | 248.54M | 2.13M | 2.62M |
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