Tel-Instrument Electronics Corp.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Tel-Instrument Electronics Corp.'s balance sheet done over the years? Its assets were worth $13,339,869 last year, which is more than in the previous period. 65% of Tel-Instrument Electronics Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $8,664,393, which means an increase by 3% compared compared to last year.
Debt to Assets
| 2012 | 12506409 | 8.25M | 66.02% |
|---|---|---|---|
| 2013 | 11919434 | 9.22M | 77.38% |
| 2014 | 10634353 | 6.77M | 63.7% |
| 2015 | 9883487 | 6.24M | 63.17% |
| 2016 | 10108119 | 5.43M | 53.78% |
| 2017 | 6435948 | 6.49M | 100.84% |
| 2018 | 8100779 | 9.50M | 117.3% |
| 2019 | 8329667 | 8.41M | 100.99% |
| 2020 | 13339869 | 8.66M | 64.95% |
TIK Balance Sheet (2012 – 2020)
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||
Current assets: | |||||||||
Cash and cash equivalents | 3.12M | 585.85K | 307.81K | 287.87K | 972.63K | 185.93K | 232.11K | 310.29K | 413.19K |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 1.41M | 2.19M | 1.09M | 1.55M | 1.45M | 1.62M | 2.09M | 557.87K | 1.69M |
Inventory | 3.09M | 2.93M | 4.26M | 4.20M | 4.67M | 4.03M | 4.02M | 6.24M | 5.02M |
Other current assets | 2.39M | 2.28M | 2.14M | 188.57K | 706.57K | 1.35M | 1.46M | 1.46M | 3.39M |
Total current assets | 10.02M | 7.99M | 7.82M | 6.24M | 7.81M | 7.19M | 7.81M | 8.57M | 10.52M |
Non-current assets: | |||||||||
Property, Plant and Equipment | 263.75K | 236.37K | 180.76K | 161.42K | 193.51K | 270.79K | 450.87K | 587.95K | 706.87K |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 341.84K | 35.10K | 35.10K | 33.50K | 36.87K | 41.10K | 95.81K | 213.33K | 321.65K |
Total non-current assets | 3.31M | 334.97K | 279.37K | 194.93K | 2.29M | 2.68M | 2.81M | 3.34M | 1.97M |
Total assets | 13.33M | 8.32M | 8.10M | 6.43M | 10.10M | 9.88M | 10.63M | 11.91M | 12.50M |
Liabilities | |||||||||
| Current liabilities: | |||||||||
Accounts payable | |||||||||
Deferred revenue | 145.16K | 97.12K | 60.05K | 123.72K | 48.76K | 18.60K | 37.45K | 18.46K | 34.76K |
Short term debt | 49 | 0 | 2.12K | 291.99K | 418.25K | 387.83K | 718.84K | 1.22M | 542.38K |
Total current liabilities | 8.24M | 8.14M | 9.15M | 6.02M | 3.76M | 4.59M | 5.36M | 7.56M | 6.00M |
| Non-current liabilities: | |||||||||
Long term debt | 91.94K | 0 | 0 | 2.12K | 304.56K | 708.60K | 596.52K | 1.13M | 1.49M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 | 7.8K | 33K | 56.1K | 0 | 0 |
Total non-current liabilities | 419.07K | 264.66K | 344.56K | 368.85K | 1.06M | 1.93M | 1.87M | 2.37M | 2.78M |
Total liabilities | 8.66M | 8.41M | 9.50M | 6.49M | 5.43M | 6.24M | 6.77M | 9.22M | 8.25M |
| Data source |