TESSCO Technologies 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 TESSCO Technologies Incorporated's balance sheet done over the years? Its assets were worth $232,600,400 last year, which is more than in the previous period. 69% of TESSCO Technologies Incorporated’s total assets is currently financed by debt. Its liabilities reached the amount of $159,484,200, which means an increase by 26% compared compared to last year.
Debt to Assets
| 2014 | 186960300 | 72.13M | 38.58% |
|---|---|---|---|
| 2015 | 189600700 | 76.45M | 40.33% |
| 2016 | 169416000 | 56.88M | 33.58% |
| 2017 | 173980500 | 65.96M | 37.91% |
| 2018 | 199423700 | 91.37M | 45.82% |
| 2019 | 206495800 | 97.70M | 47.32% |
| 2020 | 208708700 | 125.00M | 59.89% |
| 2021 | 189078000 | 112.32M | 59.41% |
| 2022 | 202513300 | 126.59M | 62.51% |
| 2023 | 232600400 | 159.48M | 68.57% |
TESS Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 777.2K | 1.75M | 1.11M | 50K | 30.3K | 19.4K | 8.54M | 16.88M | 7.52M | 11.46M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 86.68M | 82.95M | 70.04M | 82.86M | 93.96M | 87.86M | 64.77M | 58.31M | 59.57M | 67.49M |
Inventory | 73.35M | 55.94M | 53.06M | 69.14M | 71.84M | 72.32M | 63.98M | 53.90M | 72.36M | 61.95M |
Other current assets | 3.61M | 2.96M | 16.02M | 11.70M | 5.56M | 4.48M | 3.86M | 5.91M | 14.72M | 9.24M |
Total current assets | 164.42M | 143.61M | 140.24M | 163.77M | 171.40M | 164.69M | 141.16M | 135.01M | 154.18M | 150.16M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 18.33M | 19.74M | 23.85M | 27.38M | 15.00M | 13.66M | 18.08M | 19.89M | 21.11M | 22.76M |
Goodwill | 0 | 0 | 0 | 0 | 11.67M | 11.67M | 11.67M | 11.68M | 11.68M | 11.68M |
Intangible assets | 40.75M | 30.59M | 19.13M | 11.15M | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.85B | -6.91B |
Other non-current assets | 9.08M | 8.55M | 5.84M | 3.36M | 8.35M | 8.67M | 3.04M | 2.81M | 2.61M | 2.34M |
Total non-current assets | 68.17M | 58.89M | 48.83M | 44.93M | 35.09M | 34.72M | 32.81M | 34.39M | 35.41M | 36.79M |
Total assets | 232.60M | 202.51M | 189.07M | 208.70M | 206.49M | 199.42M | 173.98M | 169.41M | 189.60M | 186.96M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 3.16M | 0 | 0 | 0 | 1.98M | 58.4K | 635.1K | 2.13M | 6.95M | 2.47M |
Short term debt | 2.86M | 2.90M | 2.57M | 28.14M | 14.37M | 10.86M | 26.5K | 251.1K | 250.7K | 250.2K |
Total current liabilities | 83.19M | 76.03M | 71.98M | 112.60M | 96.76M | 89.90M | 63.97M | 52.49M | 68.10M | 62.07M |
| Non-current liabilities: | ||||||||||
Long term debt | 75.47M | 49.65M | 39.50M | 11.48M | 0 | 2.3K | 29.8K | 1.70M | 1.95M | 2.20M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 680.5K | 753.2K | 809.4K | 915.7K | 939.9K | 1.46M | 1.57M | 2.30M | 3.03M | 3.58M |
Total non-current liabilities | 76.29M | 50.55M | 40.34M | 12.39M | 939.9K | 1.46M | 1.99M | 4.39M | 8.35M | 10.05M |
Total liabilities | 159.48M | 126.59M | 112.32M | 125.00M | 97.70M | 91.37M | 65.96M | 56.88M | 76.45M | 72.13M |
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