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 $10,751,790 last year, which is less than in the previous period. 36% of Tel-Instrument Electronics Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $3,898,163, which means an decrease by -60% compared compared to last year.
Debt to Assets
| 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% |
| 2021 | 15964426 | 10.74M | 67.32% |
| 2022 | 15445272 | 9.21M | 59.68% |
| 2023 | 15429814 | 9.64M | 62.53% |
| 2024 | 10751790 | 3.89M | 36.26% |
TIKK Balance Sheet (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 132.01K | 3.83M | 4.94M | 3.48M | 3.12M | 585.85K | 307.81K | 287.87K | 972.63K | 185.93K |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 1.11M | 1.54M | 1.04M | 1.93M | 1.41M | 2.19M | 1.09M | 1.55M | 1.45M | 1.62M |
Inventory | 5.41M | 3.58M | 2.82M | 3.43M | 3.09M | 2.93M | 4.26M | 4.20M | 4.67M | 4.03M |
Other current assets | 186.23K | 2.18M | 2.25M | 263.06K | 382.42K | 275.23K | 147.74K | 377.15K | 128.07K | 1.35M |
Total current assets | 6.84M | 11.15M | 11.07M | 11.13M | 10.02M | 7.99M | 7.82M | 6.24M | 7.81M | 7.19M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 1.39M | 1.61M | 1.83M | 2.12M | 570.49K | 236.37K | 180.76K | 161.42K | 193.51K | 270.79K |
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 | 0 | 0 | 0 |
Other non-current assets | 62.82K | 35.10K | 35.10K | 35.11K | 35.10K | 35.10K | 35.10K | 33.50K | 36.87K | 41.10K |
Total non-current assets | 3.91M | 4.27M | 4.37M | 4.83M | 3.31M | 334.97K | 279.37K | 194.93K | 2.29M | 2.68M |
Total assets | 10.75M | 15.42M | 15.44M | 15.96M | 13.33M | 8.32M | 8.10M | 6.43M | 10.10M | 9.88M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 72.80K | 123.11K | 119.83K | 150.70K | 145.16K | 97.12K | 60.05K | 123.72K | 48.76K | 18.60K |
Short term debt | 900.11K | 892.08K | 194.37K | 201.88K | 894.84K | 806.88K | 1.00M | 504.52K | 428.48K | 421.35K |
Total current liabilities | 2.61M | 8.09M | 7.40M | 7.97M | 8.24M | 8.14M | 9.15M | 6.02M | 3.76M | 4.59M |
| Non-current liabilities: | ||||||||||
Long term debt | 1.11M | 1.32M | 1.52M | 2.44M | 91.94K | 0 | 6.88K | 15.88K | 350.08K | 967.72K |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 45.50K | 53.41K | 289.07K | -722.57K | 327.13K | 0 | 0 | 95K | -921.12K | 547.40K |
Total non-current liabilities | 1.27M | 1.55M | 1.81M | 2.77M | 419.07K | 264.66K | 344.56K | 463.85K | 1.66M | 1.64M |
Total liabilities | 3.89M | 9.64M | 9.21M | 10.74M | 8.66M | 8.41M | 9.50M | 6.49M | 5.43M | 6.24M |
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